CALLED MEETING OF BOARD OF DIRECTORS OF CANTON ECONOMIC DEVELOPMENT CORPORATION (CEDC) 5:30 P.M., WEDNESDAY, MAY 12, 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 called meeting at the above mentioned date and time. CEDC board members present included: President John McKeehan, 1st Vice President Kevin Deibert, Larry Morgan, DeAnne Callan and ex-officio members Lou Ann Everett and 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, Gary Hatfield, and Joe Zoubi. 1. Call to Order and Announce a Quorum - President John McKeehan called the meeting 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 2. Executive Session: The Board convened in closed session at 5:31 p.m. to discuss A. 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, including Bluegreen Development Project, and retention, expansion and recruitment of commercial, industrial, retail, hospitality, 3. Return to Open Session and Consider Action, if any, on Items Discussed in Executive Session: The Board reconvened in open session at 6:03 p.m. with no action taken. Consider Adoption of Resolution No. 2021-10 Approving and Authorizing a Chapter 380 Economic Development Program Agreement and Performance Agreement by and between the City of Canton, the Canton Economic Development Corporation and HBIC, LLC= Kevin Deibert made a motion to adopt Resolution No 2021-10 Approving and Authorizing a Chapter 380 Economic Development Program Agreement and Performance Agreement by and between the City of Canton, the Canton Economic Development Corporation and HBIC, LLC subject to the revisions discussed in executive session. DeAnne Callan seconded the motion and all voted in favor. 4. Adjourn - The meeting was adjourned at 6:07 p.m. upon motion by Kevin Deibert and  to order at 5:30 p.m. and announced a quorum present.  Government Code, Section 551.087. economic development negotiations.  sports, and family entertainment prospects.  3. Items for Future Agendas - None second by Larry Morgan.  Kevin  President  ER  Stacy    EA4