Economic Development Authority

ECONOMIC DEVELOPMENT AUTHORITY of the CITY OF HAMPTON, VIRGINIA Minutes – Regular Meeting September 20, 2016 – 8:30 a.m. EDA Conference Room CALL Chair Brown called the meeting to order at 8:30 a.m. TO ORDER SWEARING IN Sarah Bowe, Chief Deputy Clerk of Court, administered the oath CEREMONY of office for Laura S. Sandford and George E. Wallace. Ms. Brown welcomed the new board members and asked them to say a few words about themselves. Ms. Sandford said she was born in Newport News, has one son and operates an antique store in Phoebus. Mr. Wallace said he was born in Williamsburg and has served the City of Hampton in various capacities over the years. DIRECTORS Richard M. Bagley, Jr., Dr. Lewis J. Bellinger, Eleanor W. Brown, PRESENT Michelle T. Ferebee, L. Scott Seymour, Laura S. Sandford and George E. Wallace. Also present was Secretary-Treasurer Leonard L. Sledge. STAFF Vanessa T. Valldejuli, Pete Peterson, Ron Jackson, Terry O’Neill, PRESENT Robin McCormick, Steven Lynch, Susan Borland, Daniel Girouard, Jocelyn Boyer, Terri McCann, Michael Yaskowsky and Teresa Hudgins GUESTS Anne W. Shuford – Former EDA board member PRESENT Wallace Arnold – Former EDA board member Shelia Arnold – Mr. Arnold’s daughter Ryan Murphy – Daily Press MINUTES Chair Brown stated the Minutes of the August 16, 2016 and September 9, 2016 EDA board meetings were distributed. A motion was made by Dr. Bellinger and seconded by Ms. Ferebee to approve the Minutes as presented. A roll call vote was taken which resulted as follows: Ayes: Bagley, Bellinger, Sandford, Seymour, Wallace, Ferebee and Brown Nays: None RESOLUTIONS Ms. Brown read the Resolution for Wallace C. Arnold into record. WALLACE A motion was made by Mr. Seymour and seconded by Mr. Bagley ARNOLD & to approve the Resolution as presented. A roll call vote was taken ANNE SHUFORD which resulted as follows:  Ayes: Bagley, Bellinger, Sandford, Seymour, Wallace, Ferebee and Brown Nays: None Ms. Brown presented the Resolution to Mr. Arnold. Mr. Arnold thanked the board and said it had been a privilege to serve in this capacity through the years. Ms. Brown read the Resolution for Anne W. Shuford into record. A motion was made by Mr. Bagley and seconded by Ms. Ferebee to approve the Resolution as presented. A roll call vote was taken which resulted as follows: Ayes: Bagley, Bellinger, Sandford, Seymour, Wallace, Ferebee and Brown Nays: None Ms. Brown presented the Resolution to Ms. Shuford. Ms. Shuford said she was appointed to fill an unexpired term for Lynne Moore and she enjoyed the work she accomplished while on the board. She thanked staff, in particular Daniel Girouard and Michael Yaskowsky, for their hard work on the incubator program. Ms. Brown thanked Mr. Arnold and Ms. Shuford for their service and said they held over and served well beyond their terms. LOAN & GRANT Ms. Ferebee reported the Loan & Grant Review Committee met REVIEW on September 6, 2016. Covenant Care made a payment and the COMMITTEE Committee continues to work with Touch of Class Fencing. The Committee will be reviewing programs and historical data ahead of the EDA retreat in order to make recommendations. There were no questions or comments on the EDA Loan/Grant Program Fund Balance Sheet as of August 31, 2016. ECONOMIC Mr. Sledge stated the updated Status Report on EDA Actions was DEVELOPMENT included in the package. Other items of interest:  We are setting up small business workshops for professional services (legal, accounting, marketing) to educate small business owners  The workforce development initiative is being defined; Pam Croom has been assigned to this effort  With the appointment of the new board members we will move forward with planning the EDA retreat  The Transaction Committee met with representatives of the Langley Research & Development Park to address land use, zoning and infrastructure in order to move the park forward  The FY16 annual report will be completed in the next 30-45 days 2   The Hampton State of the City event will take place on November 15th at the Hampton Roads Convention Center. We will also purchase a table for the Newport News State of the City event on October 18th and will ask two board members to attend  The Langley Air Force Base Gala was well attended  The business development team is scheduled for a business blitz in October; will ask several EDA and City Council members to accompany us  Mr. Sledge will meet one-on-one with the two new board members  City Council approved the Cooperation Agreement and transfer of the pump station for the Hyatt project and the Cooperation Agreement for the Armory project.  The Armory building has been listed on the Virginia Landmark Registry and it is now going to the national level. CLOSED Chair Brown stated a Closed Meeting will now be held in MEETING accordance with Section 2.2-3711.A.3 of the Code of Virginia for discussion or consideration of the acquisition of real property for a public purpose and the disposition of publicly held real property in Downtown Hampton and Shell Road area where discussion in an open meeting would adversely affect the bargaining position or negotiating strategy of the Authority and Section 2.2-3711.A.5 to discuss prospective businesses or industries or the expansion of existing businesses or industries where no previous announcement has been made of the businesses’ or industries’ interest in locating or expanding its facility in the community. A motion was made by Mr. Wallace and seconded by Ms. Ferebee to go into the Closed Meeting. A roll call vote was taken which resulted as follows: Ayes: Bagley, Bellinger, Sandford, Seymour, Wallace, Ferebee and Brown Nays: None CERTIFICATION Chair Brown stated it was now appropriate to take a roll OF CLOSED call vote and that to the best of our knowledge (i) only public MEETING business matters lawfully exempted from open meeting requirements under this chapter, and (ii) only such public business matters as were identified in the motion by which the Closed Meeting was convened were heard, discussed, or considered in the Closed Meeting. Any member who believes there was a departure from the requirements of subdivisions (i) and (ii) shall so state prior to the roll call vote, indicating the substance of the departure that, in his/her judgment has taken place. Such statements shall be recorded in the Minutes. Chair Brown asked for any statements. There were none. A motion was made by Ms. Ferebee and seconded by Mr. Bagley to conclude the Closed Meeting and return to the Meeting. A roll call vote was taken which resulted as follows: 3  Ayes: Bagley, Bellinger, Sandford, Seymour, Wallace, Ferebee and Brown Nays: None Ms. Brown presented a Resolution of the Economic Development Authority of the City of Hampton, Virginia (“EDA”) (i) directing the staff to work with the Hampton Redevelopment and Housing Authority (“HRHA”) staff to negotiate a binding Term Sheet with WVS Companies and Saunders Crouse Architects (“WVS-SC”) for the purchase and development of certain EDA, City and HRHA owned parcels of real property in the Downtown Area, and (ii) authorizing the Chair or the Vice-Chair to execute the binding Term Sheet, any and all agreements and other instruments, that are in substantial compliance with the Term Sheet, the Unsolicited Proposal by WVS-SC and such other terms and conditions as agreed to by the staff with the concurrence of the city attorney. A motion was made by Dr. Bellinger and seconded by Ms. Sandford to approve the Resolution as presented. A roll call vote was taken which resulted as follows: Ayes: Bagley, Bellinger, Sandford, Seymour, Wallace, Ferebee and Brown Nays: None Ms. Brown presented a Resolution of the Economic Development Authority of the City of Hampton, Virginia (“EDA”) (i) approving a Development Agreement between the EDA and 334 W. Queen St LLC (“Developer”) for the sale and development of 334 W. Queen Street (LRSN: 13002628) for a mixed-use restaurant project and (ii) authorizing the Chair or the Vice-Chair to execute the Development Agreement and any and all agreements, deeds and other instruments that are in substantial compliance with the Development Agreement with such modifications as agreed to by the staff with the concurrence of the city attorney. A motion was made by Ms. Ferebee and seconded by Dr. Bellinger to approve the Resolution as presented. Mr. Seymour stated his firm represents the developer but he does not personally represent the client. A roll call vote was taken which resulted as follows: Ayes: Bagley, Bellinger, Sandford, Seymour, Wallace, Ferebee and Brown Nays: None OLD Staff will be coordinating a date for the EDA Retreat and will BUSINESS forward the survey questions to Ms. Sandford and Mr. Wallace. Ms. Brown said the questions/answers can be forwarded to Mr. Sledge or used the day of the retreat for discussion purposes. 4 ADJOURNMENT There being no further business, the meeting was adjourned at 10:10 a.m. Respectfully submitted, Leonard L. Sledge Secretary-Treasurer LLS/tbh 5