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HomeMy WebLinkAbout6/21/2023 - Minutes The Economic Development Authority of Roanoke County Meeting Minutes Wednesday, June 21, 2023, the Economic Development Authority met at the Roanoke County Administration Center Members Present Woody Windley, Chair Michael Cagle, Vice Chair Barry Thompson Don Sowder Greg Apostolou Kirtesh Patel Ssunny Shaw Steven Anderson Megan Baker, Secretary-Treasurer Peter Lubek, Counsel Absent Kyle Richardson Guests Alexander Jones, Principal Planner, Roanoke County Karli Foster, Economic Development Specialist, Roanoke County Richard Caywood, County Administrator, Roanoke County CALL TO ORDER On motion by Ssunny Shaw, seconded by Barry Thompson, Chairman Woody Windley called the meeting to order at 9:00 am, the motion carried by a unanimous vote. ROLL CALL Megan Baker called the roll. APPROVAL OF MAY 24, 2023 MINUTES On motion by Michael Cagle to approve minutes of May 24, 2023, seconded by Ssunny Shaw, the motion carried by unanimous vote. FINANCE REPORT 1. Financial Report through May 31, 2023 Megan Baker reviewed the statements of revenues, expenditures, and changes in the fund balances ending May 31, 2023. The current available cash balance is $559,231. On motion by Barry Thompson to accept and approve the financial report as presented, seconded by Steven Anderson, the motion carried unanimously. BRIEFINGS 1. Director's Report Megan Baker presented her major initiatives for the Department of Economic Development. These included targeted business recruitment, proactive outreach, business and community engagement, a strategic marketing plan, and incentive review. CLOSED SESSION On motion by Kirtesh Patel, and seconded by Steven Anderson, the present Authority Directors unanimously voted to meet in closed session, pursuant to Section 2.2-3711(A)(5) of the Code of Virginia, to discuss the expansion of two existing businesses or industries that are located in the County of Roanoke, where no previous announcement has been made of the business's or industry's interest in expanding its facilities in the community. Specifically, this business expansion is anticipated to take place in the Catawba Magisterial District. On motion by Ssunny Shaw to accept and seconded by Steven Anderson, the motion carried unanimously that pursuant to Section 2.2-3712(D) of the Code of Virginia, that in the closed session just concluded, nothing was discussed except the matter or matters which were identified in the motion to convene in closed session, and that only those matters lawfully permitted to be discussed under the Virginia Freedom of Information Act were discussed. On motion by Gregory Apostolou, seconded by Don Sowder, the Authority agreed to give Woody Windley, Chairman, the authority to sign the Purchase and Sale Agreement and rezoning application, the motion carried by a unanimous vote. REPORTS AND INQUIRIES OF THE BOARD MEMBERS Greg Apastolou updated the Board on various business topics including the apartments that have officially been torn down in the Hollins Magisterial District. Mr. Apastolou asked for an update on the Gish Mill revitalization in Vinton. Barry Thompson shared with the Board that Gish Mill is currently waiting on historical designations. He also shared an update on new Vinton businesses including that Pok-E-Joes is doing great and 107 South Pollard should be opening soon. Kirtesh Patel requested an update on the Starbucks in the Hollins Magisterial District. ADJOURNMENT On motion by Steven Anderson, and seconded by Ssunny Shaw, the meeting was adjourned at 9:53 a.m. NEXT SCHEDULED MEETING Megan Baker stated the next meeting would be July 19, 2023. Respectfully Submitted, Megan Baker Secretary-Treasurer