Economic Development Authority

706 Caroline Street (540) 372-1216 Fredericksburg, VA 22401 (540) 372-6587 Fax Monday, January 13, 2025 8:30 a.m. ● EDA Regular Meeting Executive Plaza, First Floor Visitor Center Conference Room 601 Caroline St. Fredericksburg, VA 22401 1. Call to Order – Chair Black 2. Determination of Quorum 3. Approval of the Agenda 4. Public Comments 5. Fredericksburg Main Street 2024 Wrap Up Presentation, Chris Allen 6. Approval of Minutes Regular Meeting Minutes of December 4, 2024 and Emergency Meeting Minutes of December 9, 2024 7. Treasurer’s Report EDA Budget Update and Financial Statement November 2024 and December 2024 8. Old Business 9. New Business 10. Committee & Liaison Reports a. City Relations Committee – Mitzi Brown & Suzy Stone b. InvestFXBG Loan Committee – Beth Black & Anita Crossfield c. Parking Improvement – Joel Griffin & Kevin Hughes d. Strategic Investments – Suzy Stone & Kevin Hughes e. Workforce Development – Mitzi Brown & Meredith Schatz f. Tourism – Mitzi Brown & Anita Crossfield g. Main Street – Mitzi Brown & Meredith Schatz h. Marketing & Promotions – Beth Black & Joel Griffin i. Business Relations – Joel Griffin & Meredith Schatz 11. Staff Report 12. Chair’s Report 13. Board Members Comments NOTE: THIS IS A TENTATIVE AGENDA AND SUBJECT TO ADJUSTMENTS PRIOR TO JANUARY 13, 2025. 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 – January 13, 2025 14. Closed Meeting - the Fredericksburg Economic Development Authority convene a closed meeting pursuant to Virginia Code 2.2-3711(A)(7) for the purpose of consultation with legal counsel and briefings by staff members or consultants pertaining to actual or probable litigation, where such consultation or briefing in open meeting would adversely affect the negotiating or litigating posture of the public body, specifically to discuss litigation for InvestFXBG loan default. 15. Adjournment – Next Meeting, February 10, 2025 NOTE: THIS IS A TENTATIVE AGENDA AND SUBJECT TO ADJUSTMENTS PRIOR TO JANUARY 13, 2025. 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.