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HomeMy WebLinkAbout5/13/2025 - Economic Development (EDA) - Agenda -Regular TO: Members of the Economic Development Authority FROM: Tommy Miller, Director of Economic Development DATE: May 7, 2025 SUBJECT: EDA Meeting and Agenda for May 13, 2025 City of Salem Economic Development Authority Agenda Location of the meeting: Council Chambers at City Hall, 114. North Broad Street, Salem, Virginia 1. Welcome & Call to Order ..........................................................................................................Chair Kuhnel 2. Recognition of Remote Participation …………………………………………………………. Chair Kuhnel 3. Minutes from the April 10, 2025 meeting………………………………………………... Chair Kuhnel Action: Voice vote 4. Receive Financial Report as of March 31, 2025 .................................................................... …. Rosie Jordan 5. Present FY26 Proposed EDA Budget .................................................................................... …. Rosie Jordan 6. Closed Session…………………………………………………………………………… Chair Kuhnel Hold a Closed Session per Section 2.2-3711 A (5) of the 1950 Code of Virginia, as amended, for a discussion concerning a prospective business or industry or the expansion of an existing business or industry where no previous announcement has been made of the business’ or industry’s interest in locating or expanding its facilities in the community, relating to ma nufacturers constrained on available production space and/or talent; also concerning a prospective business or industry or the expansion of an existing business or indust ry where no previous announcement has been made of the business’ or industry’s interest in locating or expanding its facilities in the community, relating to a retail operation. 7. Façade Grant & Mural Program………………………………………………………………Wayne Adkins 8. General Updates …………………………………………………………………………. Economic Dev. Staff a. Incentive Policy 9. Adjourn ………………………………………………………………………………………. Chair Kuhnel