Economic Development Authority

ECONOMIC DEVELOPMENT AUTHORITY OF THE CITY OF HAMPTON, VIRGINIA AMENDED AGENDA – REGULAR MEETING Tuesday , April 17 , 2018 8:30 A.M. Ruppert Leon Sargent Memorial Administration Building EDA Conference Room – Sixth Floor Call to Order Roll Call of Directors Introduction of Guests Swearing in Ceremony Approval of Minutes: March 20, 2018 ______________________________________________________________________ 1. HREDA Update (Rick Weddle – 15 Minutes) 2. Loan & Grant Review Committee (Michelle Ferebee – 5 Minutes)  Chair Report  EDA Active Loan Status Report – March 22, 2018  Old Point Statement of Account – March 1, 2018 – March 31, 2018  EDA Loan/Grant Program Fund Balance Sheet as of March 31, 2018  Downtown Hampton & Phoebus Retail Incentive Program Grant – Baked, LLC - $12,391.79 3. Economic Development Department Report (Steven Lynch – 5 Minutes)  Status Report on EDA Actions 4. Resolution of the Economic Development Authority of the City of Hampton, Virginia (the “EDA”) authorizing the dedication of 6,023 +/- square feet of real property across a portion of three continuous EDA-owned parcels located at 418 North King Street, 400 North King Street and 11 East Pembroke Avenue to the City of Hampton (the “City”) to facilitate right-of-way improvements to the intersection of Pembroke Avenue and North King Street 5. Hold a Closed Meeting pursuant to Virginia Code §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 (Steven Lynch) 6. Certification of Closed Meeting 7. Old Business 8. Other Business  Motion to ratify the execution of a Right of Entry Agreement between the Economic Development Authority of the City of Hampton, Virginia and C. A. Barrs Contractor, Inc., contractor for the Tides at Newmarket Creek for a temporary staging area  Motion to ratify the execution of a Right of Entry Agreement between the Economic Development Authority of the City of Hampton, Virginia, Stephen M. High and Delmarie O. High and the City of Hampton, Virginia for 334 West Queen Street, Hampton, Virginia 9. New Business  Motion to ratify a Location Release by the Economic Development Authority of the City of Hampton, Virginia for Heart & Hustle Productions, LLC 10. Adjournment 2