Economic Development Authority

706 Caroline Street (540) 372-1216 Fredericksburg, VA 22401 (540) 372-6587 Fax Monday, June 10, 2024 8:30 a.m. ● EDA Regular Meeting Executive Plaza, Third Floor 601 Caroline St. Fredericksburg, VA 22401 1. Call to Order – Chair Stone 2. Determination of Quorum 3. Approval of the Agenda 4. Public Comments 5. Approval of Minutes Regular Meeting Minutes of May 13, 2024 6. Treasurer’s Report a. EDA Budget Update and Financial Statement May 2024 b. FY 2025 Budget c. Shore United Bank Financial Portfolio 7. Old Business 8. New Business a. Grant Program Application – Amy Peregoy b. Officer Elections – Chair Stone c. Committee & Liaison Assignments – Chair Stone 9. Committee & Liaison Reports a. City Relations Committee – Mitzi Brown & Suzy Stone b. InvestFXBG Loan Committee – Beth Black & Anita Crossfield c. Parking Improvement – Susan Richey & Kevin Hughes d. Strategic Investments – Suzy Stone & Kevin Hughes e. Workforce Development – Mitzi Brown & Susan Richey f. Tourism – Mitzi Brown & Anita Crossfield g. Main Street – Mitzi Brown 10. Staff Report a. Economic Development Authority FY 2024 Annual Report – Bill Freehling b. Business Appreciation Celebration Update – Amy Peregoy NOTE: THIS IS A TENTATIVE AGENDA AND SUBJECT TO ADJUSTMENTS PRIOR TO JUNE 10, 2024. 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 – June 10, 2024 11. Chair’s Report 12. Closed Meeting – the Economic Development Authority of the City of Fredericksburg, Virginia convene a closed meeting pursuant to Virginia Code 2.2-3711(A)(3) for the purpose of discussion and consideration of acquisition of real property for a public purpose, specifically, transitional housing, where discussion in an open meeting would adversely affect the bargaining position or negotiating strategy of the Economic Development Authority of the City of Fredericksburg, Virginia. 13. Board Members Comments 14. Adjournment – Next Meeting, July 8, 2024 NOTE: THIS IS A TENTATIVE AGENDA AND SUBJECT TO ADJUSTMENTS PRIOR TO JUNE 10, 2024. 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.