HomeMy WebLinkAbout7/8/2025 - Economic Development (EDA) - Minutes - Regular
MINUTES OF THE MEETING OF THE
ECONOMIC DEVELOPMENT AUTHORITY
OF THE CITY OF SALEM, VIRGINIA
The Economic Development Authority of the City of Salem, Virginia, held a meeting on
July 8, 2025, at 3:00 p.m. in the Council Chambers of City Hall, 114 North Broad Street, Salem,
Virginia 24153. Paul Kuhnel, Quinn Mongan, Jason Fountain (remote), Cindy Shelor, and Joe
Curran. Sean Kosmann was absent.
Also present were Chris Dorsey, City Manager; Jim Guynn, Legal Counsel; Tommy
Miller, Director of Economic Development; Rebecca Marsh, Economic Development Specialist;
Rosie Jordan, Treasurer; and Crystal Williams, Secretary.
The Chair called the meeting to order at 3:00 p.m., noting that he had received a letter of
resignation from Dave Robbins, which he read into the record. The Chair expressed his
appreciation for Dave’s service to the Authority.
The Chair noted that he had received a request from Jason Fountain to participate in today’s meeting.
The City Attorney recommended that the EDA adopt the annual remote participation policy. The EDA
adopted the Remote Participation Policy for FY2026.
Motion: Mongan; Second: Shelor; All Aye
The following statement on behalf of Mr. Fountain: “In accordance with Section 2.2-
3708.2(A) of the Code of Virginia and the remote participation policy of the City of Salem, I,
Jason Fountain, hereby request to participate remotely due to a personal matter, specifically
that I am out of town.”
Motion: Mongan; Second: Shelor; All Aye (Mr. Fountain did not vote)
The June 10, 2025, meeting minutes were approved as written. Ms. Jordan reviewed the
financial report as of May 31, 2025, and the report was received as presented.
A motion was made to hold a Closed Session in accordance with Section 2.2-3711
Virginia Code section 2.2-3711A(8) for discussion with legal counsel of certain legal matters
that require the provision of advice by legal counsel and pursuant to Virginia Code section 2.2-
3711A6 regarding the discussion or consideration of the investment of public funds where
bargaining is involved, where, if made public initially, the financial interest of the Authority
would be adversely affected.
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. The EDA certified that in a 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: Shelor; All Aye
A motion was made to authorize the Chair of the Authority to negotiate with the
developers of the Salem Body Shop the provisions in the performance agreement that if a sale takes place
the Purchaser cannot sell the assets without approval from the Authority and to change the requirement in
the performance agreement to operate one restaurant instead of two restaurants.
Motion: Mongan; Second: Shelor; All Aye
As there was no other business, the meeting was adjourned at 4:00 p.m.