Economic Development Authority Annual Meeting   1/16/2024

Let me adjust that camera so all of your beautiful faces can be seen.

Thank you.

It's her time to shine.

You got the best part of me there with my hands.

If you've been waiting on me in the Arse with Hatcher, too, if you've been missed.

Okay.

Do I need to list everything?

You don't have to do anything.

There's no protocol.

You can see it.

There's nothing in there.

I can see I tried a revenue balance.

It's this.

Spinach chairs are...

Right.

Thank you.

We have this set up right now, Director Ray on the PC on the screen, hopefully we like that.

Ready to roll?

Can you hear me?

Sounds good.

Thank you so much.

All right.

All set.

All right.

And I'm going to call the meeting to order.

And I believe we have one remote participant or do we have more than one?

Just one.

Mr. Ray is going to be joining us remotely.

OK. And then we need to have a vote.

Do we have a vote?

Okay, I move that Mr. Ray be allowed to participate virtually.

All in favor?

Aye.

Alright, so he is approved for remote participation.

Matters from the public, no matters of the public.

Approval of the minutes for December 5th and December 19th.

Is there any comments on the minutes?

Is there a second?

Second.

All right.

All in favor?

Aye.

Aye.

All right.

The minutes are approved.

All right.

So we had a lot of changes here from last meeting.

For every balance,

34,000, looking at expenditures about 56,000.

The number we really need to focus on is the Economic Opportunities Fund, which is 461,000.

That's primarily what we're looking at.

There's an expenditure balance of 515,000.

Any questions?

We can go into further detail or get detail

All right.

Thank you.

So next on the agenda is the annual meeting, election of the officers, and adoption of the meeting schedule.

Despite my efforts to drum up new candidates for the officers here, there were no takers when I sent the email out.

So I will offer a slate of

Me as the chair, George as the vice chair, and Andy as the treasurer.

Is that J.T.?

No, we have a secretary-treasurer, so that would be Andy as secretary-treasurer.

Gotcha.

Okay, so that is the slate of officers.

Are there any candidates from the floor?

Not hearing any, I guess we can move.

All in favor of electing that slate of officers say aye.

Aye.

Opposed?

Opposed?

All right.

We'll continue on.

We do typically, you know, it's the general policy of the EEA not to meet unless we have action items and so July is often a month where we find ourselves without action items.

Except for maybe going on vacation or going to the beach.

Yeah, I think we've tried to keep them on and cancel at the last minute just so that we have anything we need to do.

So, J.T., I think whoever sent the email, I can't remember, is that you about the meeting?

We're going to try to keep this short and defer the other new business items other than the closed session.

I was going to say the schedule is, I think, by the bylaws we have to approve the schedule.

All right.

Is there a motion to approve the schedule?

I move to approve the schedule.

Is there a second?

Second.

Any discussion?

All in favor?

Aye.

All right.

So yes, that's right, Mr.

Chair.

Under new business, we are going to truncate our originally planned agenda in light of the inclement weather and just give folks a chance to get home before it gets dark and temperatures drop back below freezing.

All right, so I'll move that the Algonquin County Economic Development Authority go into a closed meeting as authorized by

The Virginia Freedom of Information Act Section 2.1-3711A of the Code of Virginia under subsection 3 to discuss or consider the acquisition of real property for a public purpose for discussion in an open meeting with adverse the effect of bargaining position or negotiation strategy of the public body to project toward it.

All right, any discussion?

All in favor?

Aye.

All right.

Yes, we will physically get up and move next door.

All right, so we will back in open session and I move that the EDA certified by recorded vote that to the best of each director's knowledge only public business matters lawfully exempted from open meeting requirements of the Virginia Freedom of Information Act and identified in the motion authorizing the closed meeting were heard, discussed, or considered in the closed meeting.

Director Ray.

Aye.

Director Mottola.

Aye.

Director Storm.

Aye.

All right.

And to the extent that we needed a second, Director Johnson stuck in the second before we called the roll.

All right.

So before we leave, I forgot at the beginning of our meeting to welcome our new Board of Supervisor liaison, Supervisor Lappisto-Kirtley.

I do have a prepared speech.

Oh, good.

So that's it for today.

We will have our next meeting, February 20.

So it's like we're still doing OK.

So anything else before we leave?

All right.