REGULAR MEETING OF BOARD OF DIRECTORS OF CANTON ECONOMIC DEVELOPMENT CORPORATION (CEDC) 5:30 P.M., TUESDAY, DECEMBER 22, 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, 2nd Vice President Rhita Koches, Joe Zoubi, Gary Hatfield, Larry Morgan and DeAnne Callan, ex- officio members Mayor Lou Ann Everett and Lonny Cluck. Executive Director Julie Seymore and Marketing Coordinator Austin Melton also attended. Not in attendance was CEDC Asst. Director Stacy Crossley 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 Rhita Koches 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 September 29, 2020 and October 27, 2020 Meetings DeAnne Callan made a motion to approve the September 29, 2020 & October 27, 2020 minutes as presented. Joe Zoubi seconded the motion. All voted in favor and the motion 7. Consider Action Regarding October and November 2020 Financial Statements = Motion to accept thet financial statements as presented by Ms. Seymore was made by Gary Hatfield and  passed.  DeAnne Callan seconded. All voted in favor and the motion passed. 5:36pm Lary Morgan & John McKeehan joined the meeting.  8. City Project Updates and Community Announcements - Lonny Cluck reported on the TXDOT Water line project. Some items were removed from the project to lower costs and the bids came in under what they were expecting. TxDOT is obligated for the first $800,000. Ifit doesn'tgo above that, there willl be no cost to the CEDC or City of Canton. Staff was unfamiliar with the contractor that won, but references were positive. Mr. Cluck was unsure of the start date because they hadn't yet had a pre-construction meeting. Mr. Cluck informed the board of the relatively new council and the possibility of a fully new council after May elections. Nathan Moore, Randon Sumner andi thel Mayor would be upi for reelection. Hei further reported that First Monday had been pretty strong the past few shows. They were doing well because people were ready to get! back out andl First Monday usually did well when people werel holding 9. Canton Visitors Bureau and First Monday Marketing Report and Consider Any Action Related Thereto - Austin Melton reported the First Monday was looking great ont the ground and social  on to their money.    media. Social media costs were a little high in the fourth quarter as all businesses were 10. Canton Main Street Report and Consider Any Action Related Thereto - Stacy Crossley was noti in attendance. Mrs. Seymore reported the Christmas Parade and festival were successful and the courthouse lights were complete with plans to make them nicer the next year. She invited board members to the Open House at the old Hilliard hardware building the 28th from 4-6 p.m. Box it Up would be the new tenant. Mrs. Seymore discussed the New Year's Eve 11. Executive Director's Report and Consider Any Action Related Thereto - Julie Seymore A. CEDC Projects - City Council approved the Canton Martial Arts rent subsidy agreement. The agreement with Kaufman Development & Construction, LLC for the road extension at Industrial Park 4 had been drafted with a 50/50 split ont the costs for the first 200 feet to the entrance of the apartment complex and 100% by CEDC to extend it to the end of thel Kaufman property. Thel boardi talked abouti installing af fence around the water station ifn needed but not putting in entrance signs as it would just appear as an extension of the road. A survey of the plat was needed before the project could move forward. In order to speed up the process, the board allowed the contract to be presented at the next council meeting with approval contingent upon CEDC approval ati its next meeting. Mr. Kaufman was expected to close on the property in late. January to early February. The request for rezoning would be submitted in January. Mr. Cluck said he wanted to raise the water tower out by the school at a cost of approximately $750,000. If they did, the booster station could be taken away. So, CEDC might not want to spend the money on fencing it. Regarding the downtown Sidewalk Project, the bid opening was scheduled for Jan. 4. The estimated cost was above the budget for the project SO they pulled the north side of Tyler St. out for an alternate bid, and asked for an alternate bid with sidewalks two foot less wide. CEDC budgeted $70,000 fort the match. Above that, CEDC would have to pay  marketing heavily for Christmas.  Bash and took ticket orders. reported to the board on the following:  for trees, benches and trash cans. B. CEDC Business /Administration- None  C. Local Development Activity - A Temporary Certificate of Occupancy (CO) had been issued for Southern Brew Coffee. Trade Days Donuts and Box it Up both applied for CO's. Commercial Projects: Brookshire's was installing a staging area for curbside pickup, Aarons was progressing, CIP was laying new fiber down FM 859, Burger King was moving along, Sumner was doing dirt work fort their RV park, and the Assisted Living facility was moving forward with the remodel. Residential projects: Several new homes 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  were being built-two on Meadowview and one on Kimberly.  Code, Section 551.087 and 551.072.    12.Executive Session: The board convened in closed session at 5:57 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. 13. Return to Open Session and Consider Action, if any, on Items Discussed in Executive Session = The board returned to open session at 6:20 p.m. with no action taken.  following:  14. Items for Future Agendas - None second by DeAnne Callan.  15. Adjourn - The meeting was adjourned at 6:20 p.m. upon motion by John McKeehan and  SLALL Johp McKeehan, President  ATTEST:  Stacy