CALLED MEETING OF BOARD OF DIRECTORS OF CANTON ECONOMIC DEVELOPMENT CORPORATION (CEDC) 5:30 P.M., TUESDAY, JUNE 16, 2020 119 N. BUFFALO STREET, CANTON, TEXAS  PLAZA MUSEUM IN CANTON ECONOMIC DEVELOPMENT CORPORATION OFFICE  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, 2nd Vice President Rhita Koches, Larry Morgan, Gary Hatfield, DeAnne Callan, Joe Zoubi, and ex- officio member Lonny Cluck. Also attending were Executive Director Julie Seymore and CEDC. Asst. Director Stacy Crossley. Noti in attendance was ex- officio member 1. Call to Order and Announce a Quorum - President. John McKeehan called the meeting to order at 5:30  Mayor Lou Ann Everett.  p.m. and announced a quorum present 2. Invocation - None 3. Pledge of Allegiance - None  4. Declarations Regarding Conflicts of Interest None  5. Discussion and Action Authorizing Certain Financial Assistance up to $5,000.00 each for Businesses Located within the City of Canton, Texas Who Have been Significantly Impacted by COVID-19 Restrictions - Motion to approve the applications and award the grants as presented by Ms. Seymore in the total amount of $11,550 was made by Kevin Deibert and seconded by Gary Hatfield. 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 Government Code, Section  551.087.  The board convened in closed session at 5:34 p.m. to discuss the following:  Lonny Cluck entered board meeting at 5:34p.m.  6. Executive Session:  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 but not limited to a food product manufacturer, a retailer, a mixed-use development project 7. Return to Open Session and Consider Action, if any, on Items Discussed in Executive Session The 9. Adjourn - The meeting was adjourned at 5:54 p.m. upon motion by Kevin Deibert and second by Larry  and recruitment of new commercial prospects.  Board reconvened in open session at 5:53 p.m. with no action taken.  8. Items for Future Agendas None  Morgan.  Kevin E Deibert,  1stVice President  ATTEST:  Stacy Crossley/Board Secretary  AL