REGULAR MEETING OF BOARD OF DIRECTORS OF CANTON ECONOMIC DEVELOPMENT CORPORATION (CEDC) 5:30 P.M., TUESDAY, JULY 26, 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, 1stVice Chair DeAnne Callan, Thomas Beckham, Joe Zoubi, Larry Morgan. Not in attendance was, 2nd Vice Chair Corley Ragle, Justin Richard, and ex- officio Lou Ann Everett and Lonny Cluck. CEDC Staff attending was Executive Director Stacy Crossley, Assistant Director Megan Mitchell, and Marketing Coordinator Austin Melton. City 1. Call to Order and Announce a Quorum - President Kevin Deibert called the meeting  Staff attending was Director of Operations Peter Lamont.  to order and announced a quorum present at 5:32 pm 2. Invocation - Given by Kevin Deibert 3. Pledge of Allegiance - Led by Kevin Deibert 4. Declarations Regarding Conflicts of Interest None  5. Public Comments - None  CONSENT AGENDA  6. Considered Action Regarding the Minutes of June 28, 2022 7. Considered Action Regarding the June 2022 financial statements.  8. Considered and reviewed proposed amendments to the Main Street Bylaws. Amendment included reducing the number of Board members from 15 to 13, Board member removal process and the removal of the non-voting JR Board member program and the Boards authority to change the Bylws woth a majority vote. 10. Considered the resignation of Main Street Board Member Shelby Medley. 11. Considered the appointment of Matt Lombard to the Main Street Board.  9. Considered and reviewed the revised design guidelines.  Larry Morgan made a motion to approve the Consent Agenda that included the June 28, 2022 meeting minutes, the June 2022 financials, amendments to the Main Street Bylaws, Revisions to the Main Street Design Guidelines, Resignation of Shelby Medley and appointment of Matt Lombard to the Main Street Board. Joe Zoubi seconded the motion, all voted in favor and the motion passed.  ITEMS FOR INDIVIDUAL CONSIDERATION  12. Presentation and Discussion from Mrs. CJ See Regarding Proposed Amendment to Current Performance Agreement with CEDC and City of Canton - CJ See of H.B.I.C. was in attendance to present her proposal to amend her performance agreement    between the City, EDC and H.B.I.C. regarding an ongoing development project on 13. Updates and Community Announcements = Peter Lamont reported that the asbestos abatement at the Plaza has begun and they are awaiting bids for demolition. Also 14. Canton Visitors Bureau and First Monday Marketing Report and Consider Any Action Related Thereto = Austin Melton reported that the Balloon Fest was access despite the weather. Austin also reported that marketing has spent approximately 12k to reach over 177k likes on FaceBook and almost 34k followers on Instagram. Marketing department is also working to create a new marketing campaign through TikTok to 15. Canton Main Street Reports and Consider Any Action Related Thereto - Megan  Hwy 19 and Interstate 20.  reported that budget preparations for 2022-2023 are underway.  reach the younger audience.  Mitchell A  Megan Mitchell reported on current downtown projects including updating the new fall banners, historical marker plaques and a new crosswalk mural project. Megan also reported that the kids splash event was a huge success and that planning is underway for the upcoming street dance and autumn B. Downtown Business Development activity including the opening of 65 Roses C. Certificate of Appropriateness were approved for the following; Van Zandt Abstract for windo tint, 65 Roses Baby Co. for a sign, Mane Roots and Co. for a sign and an emergency temporary COA for the removal of the damaged awning at the Canton Herald building. Façade Grants were also approved for Latham Bakery for the replacement of their air conditioner unit, Stacy and Stephen Alexander for the renovation and roof for for their building at 300 E. Main Street and Hilliards Furniture for replacement of damaged windows.  festival. Baby Co.  16. Executive Director's Report and Consider Any Action Related Thereto - Stacy  Crossley  A. Stacy Crossley reported on current EDC projects including the sale of 9 acres of EDC property, performance agreements for East Rising LLC and H.B.I.C. LLC, a grant for the incoming C-Store, TX Dot I-20 imporvement plan and the B. CEDC Business /Administration included ongoing training and certifications. C. Local development activity included CO's issued to Wills 7-Eleven, 65 Roses Baby Co and the Glitzy Cowgirl. CO's applied for included Knowles Roofing, Dukes BBQ/Crust 64 Pizza and the expansion of the Mill Creek Ranch lodge. D. Community event announcements included planning for the upcoming street 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  collection of unpaid Hot Taxes.  dance and Autumn fest.  Government Code, Sections 551.071, 551.087, 551.072.    17. Executive Session: The Board entered into executive session at 6:25pm. CEDC A. Section 551.071 - to seek legal advice from the CEDC Attorney regarding pending oro contemplated litigation ort to receive legal advice regarding - Chapter 380 Economic Development Program Agreement and Performance Agreement by and between the 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. C. Section 551.072 - to deliberate the purchase, exchange, lease, or value of real 18. Return to Open Session and Consider Action, if any, on Items Discussed in Executive Session = The Board returned to open session at 8:14pm with the following actions Amotion was made by DeAnne Callan to issue a notice of default to H.B.I.C. LLC for the Chapter 380 Economic Development Program Agreement and Performance Agreement by and between the City of Canton, Texas the CEDC, and HBIC, LLC., consistent with the notice of default sent by the City of Canton on July 13, 2022. The motion was seconded by Joe Zoubi, all voted in favor and the motion passed 19. Consider Termination of Chapter 380 Economic Development Agreement and Performance Agreement with East Rising LLC. - A motion was made by. Joe Zoubi to terminate the Chapter 380 Economic Development Agreement and Performance Agreement with East Rising LLC. The motion was seconded by Thomas Beckham, 20. Consider. Adoption of Resolution No. 2022-04 approving and authorizing thel Purchase and Sale Agreement by and between Canton Economic Development Corporation, a Texas non-profit corporation, and Kaufman Development & Construction, LLC, a Texas limited liability company, its successors and assigns, conveying approximately 9acres, being part of a certain approximate 54.62-acre tract at the end of Burnett Trail, situated in the J. Douthit Survey, A-198, owned by the Canton Economic Development Corporation. - A motion was made by Larry Morgan to table the item until a later date. The motion was seconded by Joe Zoubi, all voted in favor and the 21. Consider Adoption of Resolution No. 2022-05 Authorizing thel Execution ofal Purchase and Sale Agreement any and All Documents Necessary for the sale and Conveyance ofan Approximately 9.0 Acre Tract of Land, Located in the J Douthit Survey, Abstract No. 198 City of Canton, Van Zandt County, Texas; Providing a Severability Clause; And Providing For An Immediate Effective Date. - A motion was made by Larry Morgan to table the item until a later date. The motion was seconded by Joe Zoubi,  Attorney, Jeff Moore was present via zoom  City of Canton, Texas the CEDC, and HBIC, LLC.  property.  being passed:  unanimously.  all voted and the motion passed unanimously.  motion passed unanimously.  all voted in favor and the motion passed unanimously.    22. Budget Work Session for Fiscal Year 2022-2023 and Budget Amendments for FY 2021- 2022. - Board had finished budget work for FY 2022-2023 at July 20 meeting sO no action was taken and board will review Budget Amendments for FY 2021-2022 when  finial amendments are made in September.  23. Items for future agendas - Reviewed the budget review schedule. seconded the motion, all voted in favor and the motion passed.  24. Adjourn = DeAnne Callan made a motion to adjourn at 7:28pm. Thomas Beckham  KEVIN DEIBERT, PRESIDENT  ATTEST: MEGANN  BOARD SECRETARY  A