Qiarlottesville
              6CONOMIC DEVELOPMt:NT AUTHOftirY


                Charlottesvllle Economic Development Authority (CEDA)
                         Meeting Minutes- November 12, 2019



Members Present Staff Present Others Present Not Present
Tara Boyd Chris Engel Sunshine Mathon Adrian Fel+s
Ethan Duns+an Zoie Smith
Ed Schmitz Jason Ness
Nicole Fernandez Trish Carpenter
PaulBeyer
JayO'Donnell



A meeting of the Charlot+esville Economic Development Authority o'ccurrecf on Tuesday,
November 12, 2019 in the City Council Chambers. Chairperson, Ms. Boyd, called the
meeting to order at 4:04 PM.

Ms. Boyd opened the public comment period and there being no comments from the
public, she proceeded to the next agenda item.

Ms. Boyd called for a motion to approve the September 10, 2019 meeting minutes. Mr.
Schmi+z moved, second by Mr. Dunstan and all present voted aye. Motion passed. Next
Ms. Boyd asked if there were any questions on the submitted Treasurer Reports for June,
July, August and September 2019. No questions from the Board, motion to approve by Mr.
Duns+an, second by Ms. Boyd and all present voted aye. Motion passed.

Before the Friendship Court Redevelopment Presentation began, Chairperson Ms. Boyd
recused herself due to a previously stated conflict of interest. Mr. Sunshine Mathon of the
Piedmont Housing Alliance presented to the board the plans for the Friendship Court
redevelopment. The presentation was informational only and no action of the Board was
requested. Mr. Mathon gave a quick history of how Friendship Court came to be and
showed slides on the four phases of the project. The matter is scheduled to be in front of
City Council in December and this Board may be asked to take action upon the outcome
of Ci+y Council's decision.

Next discussion was on the Venture Hub Business Plan report that was completed in
October. Mr. Engel gave a brief overview of the lengthy plan that was funded by GO
Virginia and which involves multiple partners including the City of Charlottesville,
Albemarle County and UVA. The plan makes a case for developing a gateway to
entrepreneurial resources/ enhancing growth of traded sector startups and creating a
stronger narrative for innovation in Central Virginia. Following the issuance of the report
representatives from the city, county and university economic development groups are
socializing the plan and gathering feedback from a variety of people that could
potentially interaction with or benefit from the hub. There was no action requested of the
board at this time but there will likely be a role for the authority in the future.
Mr. Engel provided the Board an update on the five businesses participating in the Cville
Match program that began on July 1st. A handout was provided with a brief bio on each
business. Each company is expected to grow, increase employees and enhance their
facility size. There will be a one-year check-in and a two-year checkout to see how the
companies progressed over the grant period.

The Board was briefly updated on the Defense Affairs Committee. The Chamber was
successful in raising the required funds to hire for the position which included a contribution
from this Board. The plan is to have the position filled early next year.

There being no further business, Ms. Boyd asked for a motion to adjourn the meeting; Mr.
Beyer made the motion, Ms. Boyd second the motion, meeting adjourned at 4:56 PM.




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Chris Engel, Sec^+ary ~~ Date


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Date Approved by CEDA