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HomeMy WebLinkAbout6/27/2023 - Economic Development (EDA) - Minutes - Regular MINUTES OF THE SPECIAL MEETING OF THE ECONOMIC DEVELOPMENT UTHORITY OF THE CITY OF SALEM, VIRGINIA A meeting of the Economic Development Authority of the City of Salem, Virginia was held June 27, 2023, at 10:00 a.m. in Council Chambers of City Hall, 114 North Broad Street, Salem, Virginia 24153. The following members of the Authority were present: Dave Robbins, Sean Kosmann, Cindy Shelor, Quinn Mongan, Macel Janoschka, and Paul Kuhnel. Rob Robinson was absent. There, also present was James E. Taliaferro, II, City Manager, Rob Light, Assistant City Manager, Rosie Jordan, Treasurer, Jim Guynn, Guynn, Waddell, Carroll & Lockaby, P.C., Wayne Adkins, Business Outreach Coordinator, Tommy Miller, Director of Economic Development, and Crystal Williams, Secretary. The Chair called the meeting to order at 10:00 a.m. The minutes from the May 16, 2023 meeting were presented and approved as written. Ms. Jordan reviewed the financial report as of May 31, 2023 and the report was received as presented. Ms. Jordan reviewed the proposed budget for FY2024. A discussion was held, and a motion was made to adopt the proposed budget as presented. Motion: Kuhnel; Second: Janoschka; All aye The Chair stated he would like to add an item to the meeting related to a change in the EDA’s legal counsel representation, having Jim Guynn, Guynn Waddell to replace Mike Lockaby. A motion was made to appoint Jim Guynn as the legal counsel. Motion: Mongan; Second: Janoschka; All aye A motion was made to hold a closed session in accordance with Section 2.2-3711A(5) & Section 2.2-3711A(29) of the 1950 Code of Virginia, pertaining to prospective businesses or industry’s or the expansion of existing business’s or industry’s where no previous announcement has been made of the business’s or industry’s interest in locating or expanding its facilities in the community, relating to manufacturers constrained on available production space and/or talent; relating to retail interests in commercial corridors of the city; and relating to a technology company’s constrained fiber connectivity; and Section 2.2-3711A(8) consultation with legal counsel employed or retained by a public body regarding specific legal matters requiring the provision of legal advice by such counsel. Nothing in this subdivision shall be construed to permit the closure of a meeting merely because an attorney representing the public body is in attendance or is consulted on a matter. Motion: Mongan; Second: Shelor; All aye Upon reconvening a motion was made in accordance with Section 2.2-3712D of the Code of Virginia, 1950 as amended to date, and the EDA certified that in closed session only items lawfully exempted from open meeting requirements under the Virginia Freedom of Information Act and only such items identified in the motion by which the closed session was convened were heard, discussed, or considered by the EDA. Motion: Mongan; Second: Kuhnel; All aye A motion was made to extend the Angelle’s Diner grant qualification by entering into a second amended Performance Agreement with Blue Ridge Best Foods, Inc. to allow the developer to request the cash grant of $25,000 for the year ending December 31, 2022 and authorize payment of the Grant. Motion: Kuhnel: Second: Janoschka, All Aye Mr. Miller gave brief updates related to the strategic plan and the STS loan. He further shared that the Department of Agriculture requested a final report related to production and equipment for the Parkway Brewing Company. Parkway Brewing received a facility grant through the Governor’s Agriculture and Forestry Industries Development (AFID) Fund. Performance date extensions were recently made available for projects to allow additional time to meet the goals indicated in their Performance Agreement. Therefore, they would like to have an update as to where things stand. Mr. Adkins shared that the façade work for the Macado’s property at 211 Main Street is complete. The total project cost was $33,596.89. A motion was made to reimburse Macado’s $10,000 which covers $5,000 for the Main Street side and $5,000 for the Clay Street side. Motion: Mongan; Second: Shelor; All aye The former Brooks Byrd property will be the home to 2nd on Main. There is some brick work needed on that property. A discussion was held related to a mural on the All Sports building. A motion was made for preliminary approval for Johnathan Murrill to move forward and the Chair to negotiate on behalf of the EDA up to the amount of $17,000. Motion: Mongan; Second: Kuhnel, All aye There being no further business the meeting adjourned at 11:50 a.m.