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HomeMy WebLinkAboutEDAMinutes2025March6MINUTES ECONOMIC DEVELOPMENT AUTHORITY THURSDAY, MARCH 6, 2025 | A meeting of the Frederick County Economic Development Authority was held on Thursday, March 6, 2025, at 8:00 a.m. in the Winchester Regional Airport Conference Room, 491 Airport Road, Winchester, Virginia. PRESENT: Judy McCann-Slaughter, Diane Kearns, Stan Crockett and Gary Lofton. Due to personal matters, Bryan Fairbanks and Rick Till participated remotely and the Board approved their doing so. STAFF: Patrick Barker, Shayla Rickard, and Donna McIlwee, Frederick County Economic Development Authority; Jay Tibbs, Deputy County Administrator; and Michael Bryan, EDA Attorney. MEETING CALLED TO ORDER: Vice-Chairman Crockett called the meeting to order at 8:00 a.m. PARTNER SHOWCASE Mr. Barker introduced Nick Sabo, Executive Director and William Pifer, Chair, Winchester Regional Airport Authority. Mr. Pifer gave some opening remarks and stated the Authority’s working relationship with the EDA is critical. Mr. Sabo then gave an overview of the airport’s operations and activities and how they interact with the EDA. APPROVAL OF MINUTES The minutes of the February 18, 2025, meeting were presented. On motion duly made by Ms. Kearns and seconded by Mr. Fairbanks, the minutes were approved as presented by the following recorded vote: J. Stanley Crockett Aye Bryan Fairbanks Aye Diane Kearns Aye Gary Lofton Aye Judy McCann-Slaughter Aye Rick Till Aye Page 2 of 3 Frederick County EDA Meeting Minutes | March 6, 2025 TREASURER'S REPORT Mr. Barker submitted the following report: Checking Account - Bank of Clarke as of January 31, 2025 - $59,404.34 Intrafi Account – Bank of Clarke as of January 31, 2025 - $3,105,564.77 Checking Account - Bank of Clarke as of February 28, 2025 - $6108.72 Intrafi Account – Bank of Clarke as of February 28, 2025 - $3,159,217.20 On motion of Ms. McCann-Slaughter, seconded by Mr. Lofton, both Treasurer’s Reports were approved by the following recorded vote: J. Stanley Crockett Aye Bryan Fairbanks Aye Diane Kearns Aye Gary Lofton Aye Judy McCann-Slaughter Aye Rick Till Aye LARGE PROJECT READY SITES CONCEPT | NEXT STEPS Mr. Barker stated the Board was previously provided a redlined Non-Binding MOU for review. The majority of the revisions are minor, with the removal of one section. The omitted section originally required the EDA to reimburse the landowner for completed studies. However, since the EDA intends to directly fund these studies, this provision was unnecessary. Since the February EDA Board meeting, Mr. Barker and Mr. Till have met with all members of the BOS to gather their insight on the program, including feedback on the draft Non-Binding MOU, and to explore potential opportunities for collaboration such as applications for the Virginia Business Ready Sites Program. Key takeaways from those discussions were highlighted. Concurrently, staff has begun evaluating various large land bays and inputting data into the Site Evaluation Matrix. Discussions with infrastructure contacts are expected to be completed within the next 30 days. This process will establish a priority ranking for each land bay based on a calculated per-acre cost, factoring in the site’s asking price and infrastructure costs required to extend roads, water, wastewater, electric and natural gas (either currently available or feasible within 12-18 months). Mr. Lofton asked what our response would be if a landowner is not interested in participating in this program but would sell their land. Mr. Barker stated a note would be made about that landowner’s choice and we would move on to another landowner or that could be option B if no one wants to participate. Page 3 of 3 Frederick County EDA Meeting Minutes | March 6, 2025 REMAINDER OF MEETING AGENDA Due to time constraints, the remaining items on the meeting agenda were not covered. Mr. Barker asked Board members to contact him with any questions. OTHER BUSINESS Mr. Barker reminded members of the Widget Cup competition on April 10 at the Emil & Grace Shihaden Innovation Center. Mr. Till congratulated staff for their efforts in working with Clausen Chocolates to make their decision to locate in Frederick County. ADJOURN There being no further business to come before this Authority, the meeting was adjourned at 8:50 a.m. RichardTill JayTibbs Chairman Secretary