Economic Development Authority

ECONOMIC DEVELOPMENT AUTHORITY OF THE CITY OF HAMPTON, VIRGINIA LOAN REVIEW COMMITTEE MEETING TUESDAY, MAY 26, 2015 8:30 a.m. EDA Conference Room AGENDA I. Call to Order II. Approval of Minutes – April 27, 2015 III. EDA Old Point Trust & Financial Services Statement of Account April 1, 2015 May 11, 2015 IV. EDA Active Loan Status Report – May 20, 2015 V. EDA Loan/Grant Program Fund Balances as of May 11, 2015 VI. Hold a Closed meeting pursuant to Section 2.2-3711.A.7, A.5 and .40 of the Code of Virginia to consult with legal counsel pertaining to actual or probably litigation where such consultation in open meeting would adversely affect the negotiating or litigating posture of the Authority and for discussion concerning a prospective business where no previous announcement has been made of business’ interest in locating its facilities in the community and to discuss or consider confidential proprietary records and trade secrets of private businesses excluded from this chapter pursuant to subdivision 3 of Section 2.2-3705.6. VII. OLD BUSINESS  Retail Revitalization Grants: Mirroz, LLC – Update on judgment Zooms Pacific, LLC – Update on judgment  EDA Loans: Unitech, LLC – Update VIII. OTHER BUSINESS  Collaboration to attract venture capital for Hampton companies  Loan and Grant Programs brochure  Community Cultural and Sports Tourism Grant Program IX. Next meeting – June 22, 2015 X. Adjourn