Economic Development Authority

706 Caroline Street (540) 372-1216 Fredericksburg, VA 22401 (540) 372-6587 Fax Monday, October 17, 2022 8:30 a.m. ● EDA Regular Meeting Executive Plaza, First Floor 601 Caroline St. Fredericksburg, VA 22401 1. Call to Order – Chair Mackintosh 2. Determination of Quorum 3. Approval of the Agenda 4. Public Comments 5. Approval of Minutes Regular Meeting Minutes of September 12, 2022 & Special Meeting October 3, 2022 6. Treasurer’s Report EDA Budget Update and Financial Statement, September 2022 7. Old Business 8. New Business a. Mary Washington Healthcare - Series 2016 Bond Modification – Kevin A. White b. Fredericksburg Expo Performance Agreement – Bill Freehling c. InvestFXBG Loan – SAJ Entertainment, LLC – Bill Freehling 9. Committee Reports a. Parking Improvement Committee – Beth Black & Suzy Stone b. Strategic Investments Committee – Suzy Stone & Chris Waller c. Workforce Development Committee – Mitzi Brown & Susan Richey d. InvestFXBG Loan Committee – Beth Black & Chris Waller e. City Relations Committee – Chair Mackintosh & Lee Murray f. Tourism Committee – Susan Richey & Mitzi Brown g. Main Street Committee – Mitzi Brown 10. Staff Report 11. Chair’s Report 12. Board Members’ Comments 13. Closed Session – for the purpose of discussion or consideration of the acquisition of real property for a public purpose, specifically, the acquisition of an existing underutilized, vacant commercial lot and building situate thereon located in the City of Fredericksburg, Virginia, 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. NOTE: THIS IS A TENTATIVE AGENDA AND SUBJECT TO ADJUSTMENTS PRIOR TO OCTOBER 17, 2022. 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 – October 17, 2022 14. Closed Session – Closed meeting concerning a specific employee of the Economic Development Authority of the City of Fredericksburg, Virginia (EDA), for the purpose of considering such person’s job description, appointment, performance, compensation, and/or resignation, under Virginia Code §2.2-3711.A.1, more particularly, pertaining to the position of legal counsel to the EDA. 15. Adjournment – Next Meeting, November 14, 2022 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, October 17. NOTE: THIS IS A TENTATIVE AGENDA AND SUBJECT TO ADJUSTMENTS PRIOR TO OCTOBER 17, 2022. 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.