REGULAR MEETING OF BOARD OF DIRECTORS OF CANTON ECONOMIC DEVELOPMENT CORPORATION (CEDC) 5:30 P.M., TUESDAY, FEBRUARY 25, 2020 CANTON CITY HALL, CITY COUNCIL CHAMBERS 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. CEDCI board members present included: President John McKeehan, 1st' Vice President Kevin Deibert, 2nd Vice President Rhita Koches, DeAnne Callan, and Gary Hatfield, ex- officio Lonny Cluck, Executive Director Julie Seymore, CEDC Asst. Director Stacy Crossley, and Marketing Coordinator Austin Melton. Not in attendance were Larry Morgan, Joe Zoubi, and ex- 1. Call to Order and Announce a Quorum- 1st Vice President Kevin Deibert announced  officio member Mayor Lou Ann Everett.  a quorum present and called the meeting to order at 5:30 p.m.  2. Invocation Was 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 January 28, 2020 Meeting- The minutes were unanimously approved upon motion by Gary Hatfield and second by Rhita Koches. 7. Consider Action Regarding January 2020 Financial Statements - The financial statements were unanimously accepted upon motion by Kevin Deibert and second by John McKeehan, joined the meeting at 5:32 p.m. Lonny Cluck followed at 5:35p.m. 8. Consider Appointments to Canton Main Street Advisory Board = Upon the recommendation of the Main Street Board, Rhita Koches made the motion to reappoint Mary Lynn Baugh and appoint Kassi High and Jonathan Helvey to the Main Street Advisory Board for a 3-year term ending December 31, 2022. Motion was 9. Public Hearing and Consider Adoption of Resolution No. 2020-03 Approving and Authorizing an Economic Development Performance Agreement by and between Canton Economic Development Corporation and Waterfront Holdings, Inc.- A Public hearing was opened at 5:40 p.m. with no one to comment. The hearing was closed at 5:41 p.m. Kevin Deibert made a motion to adopt Resolution No. 2020-03 Approving and Authorizing an Economic Development Performance Agreement by and between Canton Economic Development Corporation and Waterfront Holdings, Inc. Gary 10. Consider Approval of Modified Contract with NextSite for Retail Trade Area and First Monday Market Analysis - Rhita Koches made motion to approve the modified contract in the amount of $9,995 for NextSite to provide City and First Monday retail  Rhita Koches.  seconded by Kevin Deibert and unanimously approved.  Hatfield seconded and all voted in favor.    trade area data and analytics, and to amend the budget accordingly. DeAnne Callan 11. City Project Updates and Community Announcements - Lonny Cluck reported on the ongoing College Street issues, efforts to obtain a water reuse permit, the carp tournament, re-striping of the downtown, and ongoing efforts to plan for a lake tol help 12. Canton Visitors Bureau and First Monday Marketing Report and Consider Any Action Related Thereto - Austin Melton gave the marketing report focusing discussions on 13. Canton Main Street Report and Consider Any Action Related Thereto - Stacy A. Downtown Projects = Ms. Crossley discussed the three buildings downtown B. Main Street Events- Ms. Crossley discussed the upcoming events planned. C. Downtown Business Development Activity- Mr. Crossley gave a report on current buildings that are getting new tenants and the progress for the Keep  seconded and all voted in favor.  the city provide sufficient water: fori future citizens.  social media and the reach of over three million people. Crossley- Stacy Crossley gave her report to the board. that are currently undergoing a remodel.  Canton Beautiful program.  14. Executive Director's Report and Consider Any Action Related Thereto = Julie  Seymore gave her report on the following:  A. EDC Projects  NETEA Recruitment Trip- Mrs. Seymore reported meeting with forty-four companies in Southern California, as well as several very productive meeting with government officials in Austin. She noted one recruitment Retail Attractions Monthly Report- Mrs. Seymore gave a report on the TxDOT Water Line Agreement with City of Canton- Mrs. Seymore reported the contract had been approved by the City Council but the City and TxDOT were still working on their contract for extending the water line. VZCM, Inc. Agreement with CEDC and Van Zandt County = The contract was approved by Council and the $25,000 funding from the county had Sentinel Gardens - A remodel permit had been issued but additional abatement was going to be required and they were waiting on a new cost estimate before deciding if they would continue the project. The developer was discouraged but would know more the following week. Eubank Building- Discussed in executive session. Conceptual Design for Planned Senior Living Community-Mrs. Seymore received a draft of the new plan adding density with sixty-one homes. They would next be working on estimates for phase 1 roads and infrastructure. City Council's Discussion Regarding City Assistance for Residential Development-Ms. Seymore reported the City Council was investigating ways itcould provide assistance to encourage residential development.  meeting resulted in a hosted site tour of Canton. contacts made by Retail Attractions on CEDC's behalf.  already been received.  B. CEDC Business/AGminsraton    FY2019 Audit - Auditors would in Canton March 2nd to start working on the C. Local Development Activity - A new restaurant and music venue called the Cadillac Ranch was going in at the Highway 19 and 64 intersection. The new State Farm building with additional lease space was under construction on Buffalo Street. Nat 4 had been issued a building permit. Supreme Foot Massage had opened. Murphy Gas Station at Walmart had been issued a remodel permit. The new owners of the old Oak Grove Baptist Church building were seeking a Specific Use Permit to open a child daycare center. Velvet  Audit.  Rope music venue is asking for CO.  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 The board convened in closed session at 6:15 p.m. to discuss the following:  Government Code, Section 551.087 and 551.072.  15. Executive Session:  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 but not limited to a mixed-use development project, a local business capital investment project, and recruitment of new commercial, industrial, retail, restaurant, hospitality, and family entertainment B. Section 551.072 - to discuss or deliberate regarding the potential purchase, sale, C. Section 551.071 - for consultation with attorney regarding contractual matters related to Chapter 380 Economic Development and Program Agreement and Performance Agreement with City of Canton, Texas, Canton Economic Development 16. Return to Open Session and Consider Action, if any, on Items Discussed in Executive Session The Board reconvened in open session at 6:44 p.m. with no action taken. 17. Consider all Matters Relating to Chapter 380 Economic Development and Program Agreement and Performance Agreement with City of Canton, Texas, Canton Economic Development Corporation and East Rising, LLC. - No action taken. Julie Seymore will reach out to the City of Canton to discuss amending the agreement. 19. Adjourn - The meeting was adjourned at 6:45 p.m. upon motion by Kevin Deibert and  prospects.  exchange, lease or value of real property  Corporation and East Rising, LLC.  18. Items for Future Agendas next meeting - None  second by DeAnne Callan.  AKAAL JohnT. McKeehan II, President  ATIEST: Stacy  t