HomeMy WebLinkAbout5/16/2023 - Economic Development (EDA) - Minutes - Regular
MINUTES OF THE OF THE
ECONOMIC DEVELOPMENT AUTHORITY
OF THE CITY OF SALEM, VIRGINIA
A meeting of the Economic Development Authority of the City of Salem, Virginia was
held May 16, 2023, at 3:00 p.m. in Council Chambers of City Hall, 114 North Broad Street,
Salem, Virginia 24153. The following members of the Authority were present: Dave Robbins
(remote), Sean Kosmann, Cindy Shelor (remote), and Quinn Mongan, Macel Janoschka, Paul
Kuhnel, and Rob Robinson.
There, also present was James E. Taliaferro, II, City Manager, Rob Light, Assistant City
Manager, Rosie Jordan, Treasurer, Mike Lockaby, 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 3:04 p.m.
Vice Chair Mongan received two requests for remote participation. The following
statement was read by the Secretary on behalf of Dave Robbins. “In accordance with Section
2.2-3708.2 l(A) of the Code of Virginia and the Remote Participation Policy of the City of Salem,
I hereby request to participate remotely as I am currently out of town.”
Motion: Janoschka: Second: Kuhnel; All aye
A statement was read by the Secretary on behalf of Cindy Shelor. “In accordance with
Section 2.2-3708.2 l(A) of the Code of Virginia and the Remote Participation Policy of the City
of Salem, I hereby request to participate remotely due to a medical reason.”
Motion: Janoschka: Second: Kuhnel; All aye
The minutes from the April 18, 2023 meeting were presented and approved as written.
Ms. Jordan reviewed the financial report as of April 30, 2023 and the report was received
as presented.
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; also, pertaining to the award for a public contract
involving the expenditure of public funds, and discussion of the terms of such contract, where
discussion in an open session would adversely affect the bargaining position of the negotiating
strategy of the City regarding a possible loan to STS Group North America Inc.
Motion: Janoschka; Second: Kossman; 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: Janoschka; Second: Kossman; All Aye
A motion was made to adopt a resolution authorizing the change to the bond as read into
the record in the meeting by Mr. Lockaby on May 16, 2023.
Motion: Kuhnel: Second: Janoschka, All Aye
A motion was made to adopt the resolution authorizing the entry of a loan and security
agreement to STS Group, AG as read into the record in the meeting by Mr. Lockaby on May 16,
2023.
Motion: Kuhnel: Second: Janoschka; All Aye
Mr. Adkins stated that in the interest of time that he would provide a written summary to
the EDA on the façade grant program, mural update, and workforce following today’s meeting.
Mr. Miller gave a brief update on the Strategic Plan and some general updates.
There being no further business the meeting adjourned at 4:34 p.m.