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HomeMy WebLinkAboutEDAMinutes2026June11 MINUTES ECONOMIC DEVELOPMENT AUTHORITY | THURSDAY, June 11, 2026 | A meeting of the Frederick County Economic Development Authority was held on Thursday, June 11, 2026, at 8:00 a.m. in the County Administration Building, 1st Floor Conference Room, 107 N. Kent Street, Winchester, Virginia. PRESENT: Jason Aikens, Bryan Fairbanks, Diane Kearns, Christine Kriz, Tina Murphy, and Doug Rinker. STAFF: Wendy May, Interim Director, and Shayla Rickard, Business Retention Manager, Frederick County Economic Development Authority; Jay Tibbs, Deputy County Administrator; Michael Bollhoefer, County Administrator, and Michael Bryan, EDA Attorney. MEETING CALLED TO ORDER: Bryan Fairbanks, Acting Chair, called the meeting to order at 8:00 a.m. The Board observed a moment of silence in remembrance of former Authority Board member Gary Lofton. APPROVAL OF MINUTES The minutes of the May 7, 2026, meeting were presented. On motion duly made by Mr. Aikens and seconded by Ms. Kearns, the minutes were approved as presented by the following recorded vote: Jason Aikens Aye Bryan Fairbanks Aye Diane Kearns Aye Christine Kriz Aye Tina Murphy Aye Doug Rinker Aye TREASURER’S REPORTS Ms. May submitted the following reports: Checking Account – Bank of Clarke as of March 31, 2026 - $126,956.22 IntraFi Account – Bank of Clarke as of March 31, 2026 - $3,248,360.76 Checking Account – Bank of Clarke as of April 30, 2026 - $13,214.72 - 2 - IntraFi Account – Bank of Clarke as of April 30, 2026 - $3,245,399.87 On motion of Mr. Rinker, seconded by Ms. Kriz, the Treasurer’s Reports were approved by the following recorded vote: Jason Aikens Aye Bryan Fairbanks Aye Diane Kearns Aye Christine Kriz Aye Tina Murphy Aye Doug Rinker Aye ELECTION OF CHAIR AND VICE CHAIR Counsel opened the floor for nominations for the positions of Chair and Vice Chair. Mr. Aikens nominated Mr. Fairbanks for Chair. There being no further nominations, Mr. Fairbanks was unanimously elected Chair. Mr. Fairbanks nominated Mr. Aikens for Vice Chair, and Ms. Kriz nominated Ms. Kearns for Vice Chair. Following a vote, Mr. Aikens was elected Vice Chair. BUDGET RESTRUCTURE REVIEW Mr. Bollhoefer and Ms. May provided an overview of the restructuring of the EDA budget to all for the site readiness fund. On motion of Mr. Rinker, seconded by Mr. Aikens, the Restructured Budget was approved by the following recorded vote: Jason Aikens Aye Bryan Fairbanks Aye Diane Kearns Aye Christine Kriz Aye Tina Murphy Aye Doug Rinker Aye EDA DIRECTOR SEARCH Mr. Bollhoefer provided an update on the EDA Director search process and timeline. At the time of the meeting, 17 candidates had applied. Mr. Bollhoefer anticipated selecting at least four candidates for initial interviews within the next few weeks. The position will remain open until filled. VIRGINIA BUSINESS READY SITES PROGRAM - 3 - Ms. May reported that One Logistics Park had been awarded an Accelerated Site Characterization Grant through the Virginia Economic Development Partnership's Virginia Business Ready Sites Program. The EDA will serve as the conduit for the funding between VEDP and the developer. The EDA and VEDP are finalizing the performance agreements, which will be presented to the Board at a future meeting for review and approval. AGRICULTURAL SUPPORT UPDATE Ms. May reported that, moving forward, the EDA will continue to serve as a facilitator for business development across all industry sectors. For agricultural businesses, the EDA will continue to lead larger projects that may qualify for state or local incentives. The Laurel Ridge Small Business Development Center will continue to assist with the needs of small businesses and entrepreneurs, while the Winchester-Frederick County Convention and Visitors Bureau will continue to support agritourism efforts. EDA AUGUST MEETING Ms. May shared that the August 6 meeting will be held at Winchester Regional Airport. In addition to the EDA’s regular meeting agenda, Executive Director Nick Sabo will provide an overview of the economic development opportunities associated with the airport. SUCH OTHER BUSINESS AS MAY COME BEFORE THIS AUTHORITY Ms. May shared that resolutions recognizing the service of former EDA Board members Gary Lofton, Judith McCann-Slaughter, and Rick Till will be presented at the August meeting for the Board's consideration. Mr. Fairbanks shared proposed evaluation criteria based on key areas of expertise for consideration when reviewing prospective EDA Board appointees. The proposed criteria will be brought back for further discussion and consideration at a future Board meeting. ADJOURN There being no further business to come before this Authority, the meeting was adjourned at 8:50 a.m. ________________________________ ____________________________ Bryan Fairbanks Jay Tibbs Acting Chairman Secretary