NOTICE OF REGULAR MEETING OF BOARD OF DIRECTORS OF CANTON ECONOMIC DEVELOPMENT CORPORATION (CEDC) 5:30 P.M., TUESDAY, OCTOBER 27, 2020 CANTON CITY HALL, 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. CEDC board members present included: President John McKeehan 1st Vice President Kevin Deibert, Gary Hatfield, Larry Morgan and DeAnne Callan. 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, Joe Zoubi and ex- officio members Mayor Lou Ann Everett and Lonny Cluck. 1. Call to Order and Announce a Quorum - 1st' Vice President Kevin Deibert called the  meeting to order at 5:30 p.m. and announced a quorum present  2. Invocation - Given by DeAnne Callan 3. Pledge of Allegiance - Led by John Mckeehan 4. Declarations Regarding Conflicts of Interest- None  5. Public Comments Julie Seymore introduced Peter Lamont to the board. Mr. Lamont holds the new position with the City of Canton as the Director of Operations. 6. Consider Action Regarding Minutes of September 22, and 29, 2020 Meetings- DeAnne Callan made a motion to approve the September 22, 2020 minutes as presented. Gary Hatfield seconded the motion. All voted in favor and the motion passed. The September 29, 2020 minutes were postponed to a future meeting. 7. Consider Action Regarding September 2020 Preliminary Financial Statements - Mrs. Seymore reported to the board the preliminary financial report, explained the sales tax revenues were up 3.6% for the month and ended the fiscal year up 5.5%. Motion to accept the financials was made by Kevin Deibert and DeAnne Callan seconded. All 8. Consider Extension of Burnett Trail and Utility and Entrance Improvements in Industrial Park 4 owned by Canton Economic Development Corporation = Mrs. Seymore reported that the City had approved the sale of five acres to Mitchell Kaufman. Mr. Kaufman addressed the board to go over the preliminary Burnett Trail extension. He discussed installing a privacy fence to cover the water station, creating entrance signs with landscaping, the décor of the project, and extending the road and 8'v water and 8" sewer lines. He asked the board if they would share the cost of the road extension 225 feet to his property at 50% and then extend the road further for CEDC's next project at 100%, with his company overseeing the contract. He suggested CEDC possibly pay to upgrade to use of 3-phase if the board was interested in future development at some point. Julie Seymore mentioned Deed restrictions and the board instructed her to draft a contract as described for future consideration. Mr. Kaufman said he would get some costs and that he planned to use local businesses as much as possible. No action was taken at this time.  voted in favor and the motion passed.  5:45 pm Larry Morgan entered meeting.    9. Consider Appointment of Eli Brown to the Canton Main Street Advisory Board- Kevin Deibert made a motion to approve the appointment of Eli Brown to the Canton Main Street Advisory Board. DeAnne Callan seconded the motion. All voted in favor 10. City Project Updates and Community Announcements Lonny Cluck was not in 11. Canton Visitors Bureau and First Monday Marketing Report and Consider Any Action Related Thereto - Austin Melton reported to the board of the last First Monday Trade Days success, reporting it was busy on the ground and with social media. The website 12. Canton Main Street Report and Consider Any Action Related Thereto Stacy Crossley reported to the board oft the Christmas lights Decorations donations are now collected at $5250 reminding the board that the MS will be heading up the decorations this year on the courthouse law. Ms. Crossley reported that MS is also working/Planning the Snow Day Festival. Autumn Festival was a big event, Zombie Fun Run was a success and the Farmers Market season ended first of October however, several of the vendors wanted to continue with a Fall Market until November 12th. This Saturday in downtown will be very busy with Pickin' in the Park, Meredith Crawford will be performing live and the annual Trick or Treat on Main Street/ outdoor movie will be Maleficent. MS board approved facade Grant for the Old Hilliard Hardware and they will have a new business coming soon Box It Up. Sweet Teas opened up with high sales however, had to close for two weeks due to Covid. 13. Executive Director's Report and Consider Any Action Related Thereto - Julie A. CEDC Projects, the sale of 5 Acres in Industrial Park 4 has been approved by the city council as well as the Zanbaka USA LLC Agreement, has been approved by the city council. The Downtown Sidewalk Project TXDot agreement has been approved by the city council with plans in development. TxDOTV Water Line Project is now in the bid phase and will be awarded in December. NETEA B. CEDC Business / Administration - Some quarantine in the office with Mrs. Seymore and Ms. Crossley. The audit has started preparations and the board confirmed the board meeting dates in November and December at their regular C. Local Development Activity CO's issued: Sweet Teas Cookies, Canton Martial Arts, Annie's Cottage, Rustic World, UT Health East Texas Urgent Care, Commercial Projects: 1145 & 1155 Industry Dr, 1760 N. Trade Days for new coffee house, 701 N. trade Days which is Lewis grounds, plans for new building. 503' WI Hwy 243, has a permit for modular building, 301 HWY 243 suite 121 Ut Health issued for x-ray room. Residential projects: 3 new home permits in  and the motion passed. attendance.  numbers are up and by a younger demographic audience.  Seymore reported to the board on the following:  Business Recruitment Meetings are now finished.  times.  Meadowview and remodel permit on Beard 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 13. Executive Session:The board convened in closed session at 6:24 p.m. to discuss the 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 retention and expansion project, a local capital investment project, a downtown retail rent subsidy prospect, and recruitment of new commercial, industrial, retail, restaurant, hospitality, and family entertainment prospects. 14. Return to Open Session and Consider Action, ifany, on Items Discussed in Executive 15. Public Hearing and Consider Adoption of Resolution No. 2020-20 Approving and Authorizing a Performance Agreement between Canton Economic Development Corporation and William Allen dba Canton Martial Arts - Al Public hearing was opened at 6:36 p.m. with no one to comment. The hearing was closed at 6:36 p.m. Gary Hatfield made a motion to adopt Resolution No. 2020-20 Approving and Authorizing aF Performance Agreement between Canton Economic Development Corporation and William Allen dba Canton Martial Arts Motion was seconded by Larry Morgan and all  Government Code, Section 551.087 and 551.072.  following:  Session 6:35 returned board to vote on 2020.  voted in favor.  16. Items for Future Agendas - None and second by Kevin Deibert.  17. Adjourn - The meeting was adjourned at 6:36 p.m. upon motion by DeAnne Callan  John  JARKL McKeehan, President  ATTEST:  Stacy  5