REGULAR MEETING OF BOARD OF DIRECTORS OF CANTON ECONOMIC DEVELOPMENT CORPORATION (CEDC) 5:30 P.M., TUESDAY, MARCH 23, 2021 COUNCIL ROOM AT CANTON CITY HALL, 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 andi time. CEDC board members present included: President John McKeehan, 1st Vice President Kevin Deibert, Gary Hatfield, Larry Morgan, and ex-officio member Lonny Cluck. Executive Director Julie Seymore, CEDC Asst. Director Stacy Crossley, and Marketing Coordinator Austin Melton also attended. Not in attendance were 2nd Vice President Rhita Koches, DeAnne Callan,  Joe Zoubi, and ex- officio member Mayor Lou Ann Everett.  1. Call to Order and Announce a Quorum President John McKeehan called the meeting  too order and announced a quorum present 5:30 p.m. 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  6. Consider Action Regarding Minutes of February 23, 2021 Meeting - Kevin Deibert made a motion to approve thel February 23, 2021 minutes as presented. Gary Hatfield 7. Consider Action Regarding February 2021 Financial Statements - Motion to accept the financial statements as presented by Ms. Seymore was made by Larry Morgan and Kevin Deibert seconded. All voted in favor and the motion passed. 8. - Consider Selection of Honoree for the Economic Impact Award to be presented at the Canton Texas Chamber of Commerce Community Awards Gala - Rhita Koches nominated Stephen and Stacy Alexander for this award and Gary Hatfield seconded. 9. Presentation and Discussion Regarding Public /F Private Partnership for Local Sports Complex. - Sam Stavron, Tanner Scheppers and Billy Martin Jr. representing Stadium Sports Group gave a presentation to the board for a partnership in a player 10. City Project Updates and Community Announcements - Lonny Cluck was not in attendance Peter Lamont reported to the board that the community clean-up was underway, one hundred feet of the I-20 water line was installed, and the grant 11. Canton Visitors Bureau and First Monday Marketing Report and Consider Any Action Related Thereto = Austin Melton reported the marketing budget on social media and that First Monday February was normally slow but they had a great show and the  seconded the motion. All voted in favor and the motion passed.  All voted in favor and the motion passed.  development and youth sports complex in Canton.  paperwork for the downtown sidewalk project had been signed.  Easter egg hunt with venders had huge participation.    12. Canton Main Street Report and Consider Any Action Related Thereto - Stacy Crossley updated the board on downtown projects that included the wayfinding signage, farmer's market shade project, adopt a block and the historic walking tour. The Dinner on Main Street and the Farmers Market will be in April. The downtown business activity was busy with new rehab projects and new business openings. 13. Executive Director's Report and Consider Any Action Related Thereto = Julie  Seymore reported on the following: A. CEDC Projects  Burnett Trail Road Extension Project- - The road was graded, the compaction tests would be done soon, the water and sewer was scheduled to start that week and paving would start after that. So far, they were on budget. Downtown Wayfinding Project - The RFP had been sent, staff would review them in April and they would be awarded on June 16. Stacy Alexander Performance Agreement - The agreement was approved by City Council and the rent subsidy for Box It Up, LLC was active. Phoenix Food, LLC Performance Agreement - The agreement was approved by the Van Zandt County Commissioners and also the City Sentinel Gardens Assisted Living - Received their certificate of occupancy and was applying for state certifications. They were connecting with Sigma Mrs. Seymore stated that we would need to consider reappointments and new appointments to the board next month. One board was terming out. Mrs. Seymore gave a report on the current certificate of occupancy and CO's  Council.  and United to let them know the facility was opening.  B.  CEDC Business /Administration  Staff was working on the FY 2020 audit.  C. Local Development Activity  that are under review.  D. Community Event Announcements 6:40pm Lonny Cluck entered the meeting Government Code, Section 551.087.  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 14. Executive Session: The Board convened in closed session at 6:41 p.m. to discuss economic development negotiations and the potential sale of real property. A. Section 551.087 -1 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, including Phoenix Food, LLC, Moe's Pizza, Inc., Bluegreen Development Project, Sports Complex Project, and retention and recruitment of commercial, industrial, retail, hospitality, sports, and family B. Section 551.072 - to discuss or deliberate regarding the potential purchase, sale, exchange, lease or value of real property, including the sale of an approximately 27- acre tract, being part of a certain 54.62-acre tract at the end of Burnett Trail, situated  entertainment prospects.    in the J. Douthit Survey, A-198, owned by the Canton Economic Development 15. Return to Open Session and Consider Action, if any, on Items Discussed in Executive Session - The Board reconvened in open session at 7:20 p.m. with no action taken. 16. Consider Amendment to Latham Bakery Performance Agreement - Gary Hatfield made a motion to amend the Performance Agreement with Latham Bakery adjusting the required ful-time-equivalent jobs from 101 to 8. Kevin Deibert seconded the motion 17. Public Hearing and Consider Adoption of Resolution No. 2021-08 Approving and Authorizing a Performance Agreement with Phoenix Food, LLC - A Public hearing was opened at 7:21 p.m. with no one to comment. The hearing was closed at 7:21 p.m. Kevin Deibert made a motion to adopt Resolution No. 2021-08 Approving and Authorizing a Performance Agreement with Phoenix Food, LLC. Larry Morgan 18. Public Hearing and Consider Adoption of Resolution No. 2021-05 Approving and Authorizing a Performance Agreement with Moe's Pizza, Inc. - A Public Hearing was opened at 7:22 p.m. with no one to comment. The hearing was closed at 7:23 p.m. The board postponed the vote until the next meeting with no action taken. 19. Consider Adoption of Resolution No. 2021-09 approving and authorizing an Amended 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 27 acres instead of previously described 10 acres, 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 - Larry Morgan made a motion to approve the amended 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 27 acres instead of previously described 10 acres,. Kevin Deibert seconded the motion and all voted in 20. Discussion Regarding Project Bluegreen Development and Consider Adoption of Resolution No. 2021-10 Approving General Terms for a Performance Agreement with HBIC, LLC and Bluegreen Development, LLC-C.J. See and her attorney. joined the meeting at 7:24 p.m. via zoom to discuss the proposed agreement and respond to questions. The board will consult with CEDC attorney for the discussed changes to 21, Items for Future Agendas - The Board will return for a special meeting to vote on a final proposal on the HBIC LLC and Bluegreen Development, LLC on Tuesday, May 22. Adjourn - The meeting was adjourned at 7:56 p.m. upon motion by Kevin Deibert and  Corporation  and all voted in favor and the motion passed.  seconded the motion and all voted in favor and the motion passed.  favor and the motion passed.  the agreement. No action was taken.  30, 2021 to consider the general terms.  second by Gary Hatfield.    Kwthl President  ATTEST: Stacy  65