REGULAR MEETING OF BOARD OF DIRECTORS OF CANTON ECONOMIC DEVELOPMENT CORPORATION (CEDC) 5:30 P.M., TUESDAY, MAY 24, 2022 CANTON CITY HALL, COUNCIL ROOM 201 N. BUFFALO STREET, CANTON, TEXAS  Minutes  The Board of Directors of the Canton Economic Development Corporation (CEDC) attended a regular meeting at the above-mentioned date and time. CEDC board members present included: President Kevin Deibert, 1st Vice Chair DeAnne Callan, 2nd' Vice Chair Corley Ragle Thomas Beckham, Joe Zoubi and ex-officio Lou Ann Everett. Not in attendance was Justin Richard, Larry Morgan and ex-officio member Lonny Cluck. CEDC Staff attending was Executive Director Stacy Crossley, Assistant Director Megan Mitchell, and Marketing Coordinator Austin Melton. City Staff attending was Director of Operations Peter Lamont, 1. Call to Order and Announce a Quorum - President Kevin Deibert called the meeting  Assistant City Manager Steve Ruppenthal.  to order and announced a quorum present at 5:32 pm  2. Invocation - Given by DeAnne Callan 3. Pledge of Allegiance - Led by Kevin Deibert 4. Declarations Regarding Conflicts of Interest - NONE  5. Introduction of the CEDC Asst. Dir. ./Main Street Manager, Megan Mitchell  5:34 pm Corley Ragle entered meeting. 6. Public Comments - NONE  CONSENT AGENDA  7. Consider Action Regarding Minutes of April 26, 2022, April 2022 financial statements, 1st quarter investment reports and the appointment of Megan Mitchell as the CEDC 8. Consider Action Regarding April 2022 Financial Statements & 2022 1st quarter 9. Discuss and Consider Appointment of CEDC Board secretary/ireasurer  Board Secretaly/lreasurer. investment report  DeAnne Callan made a motion to approve the Consent Agenda that includes the April 26, 2022 meeting minutes, the April 2022 financials, 1st quarter investment reports as presented and the appointment of CEDC Asst. Director Megan Mitchell,    as the CEDC Secretaly/Treasurer. Corley Ragle seconded the motion, all voted in  favor and the motion passed.  ITEMS FOR INDIVIDUAL CONSIDERATION  10. Discuss and Consider Adopting a Budget Calendar, Goals and Projects for Fiscal Year Ending September 30, 2023 - Corley Ragle made a motion to adopt the dates of on June 28 and July 26thfor budget working sessions. Joe Zoubi seconded the 11. Updates and Community Announcements = Peter Lamont reported on the ongoing water project, accident damage repairs, and the engineering report/ insurance claim 12. Canton Visitors Bureau and First Monday Marketing Report and Consider Any Action Related Thereto - Austin Melton reported that Facebook has reached over 1 million people and the Instagram account has reached over 400,000 followers. Two new blogs were created for the community and the kids fishing event was a huge success. 13. Canton Main Street Reports and Consider Any Action Related Thereto - Stacy A. Stacy reported on current downtown projects such as the new summer banner installation, progress on new historical markers for three more buildings and the Adopt-A-Block committee is working on their first videos. B. Downtown Development includes a new tenant that will be moving into the old Sweet Teas space soon. A Kneady Woman started at the downtown farmers market and has done sO well selling her fresh baked goods that she is ready C. Certificates of Appropriateness were issued to Noble Roofing and Expression  motion, all voted in favor and the motion passed.  process for the Plaza building.  Crossley  too open a brick and mortar downtown.  MedSpa for signage.  14. Executive Director's Report and Consider Any Action Related Thereto - Stacy A. CEDC projects include a grant approved by City Counsel for Stacy and Stephen Alexander for a vacant building restoration they just completed at 300 Main St. Progress is being made on Mini Melts and the C-Store. Collection of unpaid hotel tax is ongoing and planning for Balloon Fest is B. CEDC BusinesslAdminstration activity includes ongoing training for staff. C.L Local Development activity includes the Paul Michael building being on the market for 5.5 million, with 3 interested parties. CO's were issued for Shackelford, Hawkins & Searcy P.C., Bee Kings, Kid City USA, Expressions MedSpa, Kyonekko Hibachi & Sushi and Noble Roofing. A commercial permit was issued for the new strip mall next to Dukes at 21622 I-20. Commercial projects under review include a pre-fab metal building at 931 VZCR 2106, Fast fuels convenience store at 1125 Hwy 243 and the interior  Crossley  going well.  remodel of Tractor Supply at 301 E. Hwy 243.    D. Community Event Announcements: - Balloon Fest planning is underway, event When necessary and warranted, a closed or executive session will follow pursuant to the provision of the Texas Open Meetings Act, Chapter 551 of the Texas  date is July 8 &9th.  Government Code, Sections 551.071, 551.087, 551.072.  Executive Session: The Board entered into executive session at 5:34pm 15.A. Section 551.071 - to seek legal advice from the CEDC Attorney regarding pending or contemplated litigation or to receive legal advice regarding H.B.l.C/Bluegreen B. Section 551.087-To deliberate commercial or financial information the CEDC has received from a business prospect, and to deliberate the offer of a financial or other incentive to business prospects, retention, expansion, and recruitment of commercial, industrial, retail, hospitality, sports, and family entertainment prospects. D. Section 551.072 - to deliberate the purchase, exchange, lease, or value of real 16. Return to Open Session and Consider Action, if any, on Items Discussed in Executive Session - The Board returned to open session at 6:46pm with no actions taken.  Development, East Rising LLC.  property  17. Items for Future Agendas - Next meeting is June 28th. motion, all voted in favor and the motion passed.  18. Adjourn - Corley Ragle made a motion to adjourn at 7:05pm. Joe Zoubi seconded the  KEVIN DEIBERT, PRESIDENT  ATTEST:  Ait M  MEGAN MITCHELL, BOARD SECRETARY