Economic Development Authority

ECONOMIC DEVELOPMENT AUTHORITY OF THE CITY OF HAMPTON, VIRGINIA LOAN AND GRANT REVIEW COMMITTEE MEETING Monday, August 1, 2016 8:30 a.m. EDA Conference Room AGENDA I. Call to Order II. Approval of Minutes – July 5, 2016 III. EDA Old Point Statement of Account dated June 1, 2016 through June 30, 2016 IV. EDA Active Loan Status Report dated July 26, 2016 V. EDA Loan/Grant Program Fund Balances as of June 30, 2016 VI. Hold a Closed meeting pursuant to Virginia Code §2.2-3711A.3 for discussion or consideration of the disposition of publicly held real property in downtown Hampton, where discussion in an open meeting would adversely affect the bargaining position or negotiating strategy of the Authority, §2.2-3711A.5 for discussion concerning a prospective business or industry or the expansion of an existing business or industry where no previous announcement has been made of the business’ or industry’s interest in locating or expanding its facilities in the community, §2.2-3711A.7 to consult with legal counsel pertaining to actual or probable litigation where such consultation in open meeting would adversely affect the negotiating or litigating posture of the Authority and §2.2-3711A.40 to discuss or consider confidential proprietary records and trade secrets of private businesses excluded from this chapter pursuant to subdivision 3 of §2.2-3705.6. VII. Certification of Closed Meeting VIII. OLD BUSINESS  Retail Revitalization Grants: Mirroz, LLC – Update on judgment Zooms Pacific, LLC – Chapter 13 Filing Grandview Island Grill – Chapter 13 Filing IX. Next meeting – September 6, 2016 (This is Tuesday because of the holiday) X. Adjourn