Economic Development Authority

706 Caroline Street (540) 372-1216 Fredericksburg, VA 22401 (540) 372-6587 Fax Monday, May 10, 2021 8:30 a.m. ● EDA Regular Meeting In-Person ~ Executive Plaza, 601 Caroline St., Third Floor (Recorded Go to Meeting) 1. Call to Order – Chair Black 2. Attendance 3. Determination of Quorum 4. Approval of the Agenda 5. Public Comments 6. American Rescue Plan Discussion – Mr. Paul Lapointe, Legislative Assistant, Office of Senator Tim Kaine 7. First Friday Presentation – Ann Glave, Executive Director, Fredericksburg VA Main Street Inc. 8. Approval of Minutes Regular Meeting Minutes of April 12, 2021 and Special Meeting Minutes of May 3, 2021 9. Treasurer’s Report EDA Budget Update and Financial Statement, April 2021 10. Old Business Babe Ruth World Series Funding Request 11. New Business EDA Board Nominating Committee – Chair Black 12. Committee Reports a. Parking Improvement Committee – Will Mackintosh & Suzy Stone b. Strategic Investments Committee – Will Mackintosh & Chris Waller c. Workforce Development Committee – Mitzi Brown & Susan Richey d. InvestFXBG Loan Committee – Suzy Stone & Chris Waller e. Chatham Bridge Rehabilitation Marketing Committee – Mitzi Brown & Beth Black f. COVID Assistance Committee – Susan Richey & Mitzi Brown 13. Staff Report 14. Chair’s Report NOTE: THIS IS A TENTATIVE AGENDA AND SUBJECT TO ADJUSTMENTS PRIOR TO MAY 10, 2021. ANY CITIZEN THAT WANTS TO BE INCLUDED IN THE LIST OF RECIPIENTS TO RECEIVE AN AGENDA, PLEASE CONTACT AMY PEREGOY AT 540.372.1216 OR E-MAIL aperegoy@fredericksburgva.gov. Page 2 of 2 EDA Agenda – May 10, 2021 15. Board Members’ Comments 16. Closed Session - Closed Meeting for the purpose of discussion or consideration of disposition of portions of undeveloped real property in the City of Fredericksburg, Virginia, publicly held under contract by the Economic Development Authority as purchaser, specifically, GPIN Number 7778-97-6600, regarding pricing and other terms and conditions of sale of subdivided portions thereof, where discussion in an open meeting would adversely affect the bargaining position or negotiating strategy of the Economic Development Authority, under Virginia Code 2.2-3711.A.3. 17. Adjournment – Next Meeting, June 14, 2021 Public comments will be accepted by Online Public Comment Form or via e-mail to Amy Peregoy at aperegoy@fredericksburgva.gov until 7:30 a.m. on Monday, May 10. A recording of the Economic Development Authority e-meeting will be provided upon request to aperegoy@fredericksburgva.gov. NOTE: THIS IS A TENTATIVE AGENDA AND SUBJECT TO ADJUSTMENTS PRIOR TO MAY 10, 2021. ANY CITIZEN THAT WANTS TO BE INCLUDED IN THE LIST OF RECIPIENTS TO RECEIVE AN AGENDA, PLEASE CONTACT AMY PEREGOY AT (540) 372-1216 OR E-MAIL aperegoy@fredericksburgva.gov.