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Home My WebLink About02/03/2026-4A-Agenda Packet-Regular4A INDUSTRIAL DEVELOPMENT BOARD MEETING AGENDA FEBRUARY 03, 2026, 6:00 PM 4A INDUSTRIAL DEVELOPMENT BOARD REGULAR MEETING DEVELOPMENT SERVICES BUILDING - 201 BOLIVAR STREET, SANGER, TEXAS 76266 CALL THE REGULAR MEETING TO ORDER AND ESTABLISH A QUORUM INVOCATION AND PLEDGE CITIZENS COMMENTS This is an opportunity for citizens to address the Board on any matter. Comments related to public hearings will be heard when the specific hearing begins. Citizens are allowed 3 minutes to speak. Each speaker must complete the Speaker’s Form and include the topic(s) to be presented. Citizens who wish to address the Board with regard to matters on the agenda will be received at the time the item is considered. The Board is not allowed to converse, deliberate or take action on any matter presented during citizen input. CONSENT AGENDA All items on the Consent Agenda will be acted upon by one vote without being discussed separately unless requested by a Board member to remove the item(s) for additional discussion. Any items removed from the Consent Agenda will be taken up for individual consideration. 1. Consideration and possible action on 4A minutes from 12-02-2025. ACTION ITEMS 2. Consideration and possible action regarding the regular meeting schedule of the Sanger Type A Industrial Development Corporation Board. REPORTS Staff Reports are for discussion only. No action may be taken on items listed under this portion of the agenda. 3. Financial Reports. 4. Director’s Report. FUTURE AGENDA ITEMS 1 The purpose of this item is to allow the President and Board members to bring forward items they wish to discuss at a future meeting, A Board member may inquire about a subject for which notice has not been given. A statement of specific factual information or the recitation of existing policy may be given. Any deliberation shall be limited to a proposal to place the subject on an agenda for a subsequent meeting. Items may be placed on a future meeting agenda with a consensus of the Board or at the call of the President. EXECUTIVE SESSION Pursuant to the Open Meetings Act, Chapter 551, the Sanger Industrial Development Board Will Meet in a Closed Executive Session in Accordance with the Texas Government Code: Sec. 551.072. DELIBERATION REGARDING REAL PROPERTY For deliberations regarding the purchase, exchange, lease, or value of real property if deliberation in an open meeting would have a detrimental effect on the position of the governmental body in negotiations with a third person. Multiple sites along I-35 Corridor and FM 455 Sec. 551.087. DELIBERATION REGARDING ECONOMIC DEVELOPMENT NEGOTIATIONS; This chapter does not require a governmental body to conduct an open meeting: (1) to discuss or deliberate regarding commercial or financial information that the governmental body has received from a business prospect that the governmental body seeks to have locate, stay, or expand in or near the territory of the governmental body and with which the governmental body is conducting economic development negotiations; or (2) to deliberate the offer of a financial or other incentive to a business prospect described by Subdivision (1). Project Lion RECONVENE INTO REGULAR SESSION Reconvene into Regular Session and take any action deemed necessary as a result of Executive Session. ADJOURN NOTE: The Board reserves the right to adjourn into Executive Session as authorized by Texas Government Code, Section 551.001, et seq. (The Texas Open Meetings Act) on any item on its open meeting agenda in accordance with the Texas Open Meetings Act, including, without limitation Sections 551.071-551.087 of the Texas Open Meetings Act. CERTIFICATION I certify that a copy of this meeting notice was posted on the bulletin board at City Hall that is readily accessible to the general public at all times and was posted on the City of Sanger website on January 28, 2026, by 5:00 PM. 2 Shani Bradshaw, Director of Economic Development The Development Services building is wheelchair accessible. Request for additional accommodations or sign interpretation or other special assistance for disabled attendees must be requested 48 hours prior to the meeting by contacting the City Secretary’s Office at 940.458.7930. 3 4A INDUSTRIAL DEVELOPMENT BOARD COMMUNICATION DATE: February 3, 2026 FROM: Shani Bradshaw, Director of Economic Development AGENDA ITEM: Consideration and possible action on 4A minutes from 12-02-2025. SUMMARY: Consideration and possible action on 4A minutes from 12-02-2025. FISCAL INFORMATION: Budgeted: NA Amount: NA GL Account: NA RECOMMENDED MOTION OR ACTION: Staff recommends approval. ATTACHMENTS: 4A minutes from 12-02-2025. 4 Item 1. 4A Minutes 12-02-2025 Page 1 of 3 4A INDUSTRIAL DEVELOPMENT BOARD MEETING MINUTES DECEMBER 2, 2025, 6:00 PM 4A INDUSTRIAL DEVELOPMENT BOARD REGULAR MEETING DEVELOPMENT SERVICES BUILDING – 201 BOLIVAR STREET, SANGER, TEXAS CALL THE MEETING TO ORDER AND ESTABLISH A QUORUM As there was a quorum Board Member Fincher called the meeting to order at 6:01 P.M. BOARD MEMBERS PRESENT Board member, Place 1 Jofree Fincher Board Member, Place 2 Sue Allison Board Member, Place 3 Shannon Gann Board Member, Place 4 Nancy McAlister BOARD MEMBERS ABSENT Board Member, Place 5 Greg Taylor STAFF MEMBERS PRESENT Director of Economic Development Shani Bradshaw INVOCATION AND PLEDGE Board Member Fincher lead the Invocation and Pledge. CITIZENS COMMENTS No citizens came forward to speak. DISCUSSION ITEMS 1. Presentation and Update on the Automotive Technology Program by Brent Holzer. Brent Holzer and James Turbeville provided an update on the Automotive Technology Program. 2. Discussion on Municipal Development District (MDD). 5 Item 1. 4A Minutes 12-02-2025 Page 2 of 3 Director Bradshaw provided an update on MDDs. CONSENT AGENDA 3. Consideration and possible action on 4A minutes from 10-14-2025. 4. Consideration and possible action on 4A minutes from 11-17-2025. Motion to approve the consent agenda as presented was made by Board Member McAllister, Seconded by Board Member Gann. Voting Yea: Board Member Fincher and Board Member Allison. The motion passed unanimously. REPORTS 5. Financial Reports Director Bradshaw goes over the financial reports. 6. Director’s Report Director Bradshaw provides update on economic development activities. FUTURE AGENDA ITEMS No items were discussed. EXECUTIVE SESSION Pursuant to the Open Meetings Act, Chapter 551, the Sanger Industrial Development Board Will Meet in a Closed Executive Session in Accordance with the Texas Government Code: Sec. 551.072. DELIBERATION REGARDING REAL PROPERTY For deliberations regarding the purchase, exchange, lease, or value of real property if deliberation in an open meeting would have a detrimental effect on the position of the governmental body in negotiations with a third person. Multiple sites located east of I-35 Sec. 551.087. DELIBERATION REGARDING ECONOMIC DEVELOPMENT NEGOTIATIONS; This chapter does not require a governmental body to conduct an open meeting; (1) to discuss or deliberate regarding commercial or financial information that the governmental body has received from a business prospect that the governmental body seeks to have locate, stay, or expand in or near the territory of the governmental body and with which the governmental 6 Item 1. 4A Minutes 12-02-2025 Page 3 of 3 body is conducting economic development negotiations; or (2) to deliberate the offer of a financial or other incentive to a business prospect described by Subdivision (1). Project Lion Board convened into executive session at 7.15 p.m. RECONVENE INTO REGULAR SESSION Board reconvened into open session at 8:30 p.m. No action taken. ADJOURN As there were no further items on the agenda Board Member Fincher adjourned the meeting at 8:30 p.m. 7 Item 1. 4A INDUSTRIAL DEVELOPMENT BOARD COMMUNICATION DATE: February 3, 2026 FROM: Shani Bradshaw, Director of Economic Development AGENDA ITEM: Consideration and possible action regarding the regular meeting schedule of the Sanger Type A Industrial Development Corporation Board. SUMMARY:,  Current bi-monthly schedule often results in meetings with no actionable items.  A quarterly meeting schedule would allow for more substantive updates and focused discussion while improving efficiency by holding meetings only as administratively necessary.  Special-called meetings would remain available for time-sensitive or project-specific items.  Staff will provide monthly reports to keep the board fully informed between meetings.  The proposed schedule maintains transparency, statutory compliance, and full board authority.  Staff recommends shifting to a quarterly meeting schedule on the first Tuesday of January, April, July, and October at 6:00 p.m.  If approved, the next regular meeting would will be held on April 7, 2026, at 6:00 p.m. FISCAL INFORMATION: Budgeted: NA Amount: NA GL Account: NA RECOMMENDED MOTION OR ACTION:  Staff recommends approval. (RECOMMENDED MOTION) – I move to approve changing the regular meeting schedule of the Sanger Type A Industrial Development Corporation Board from bi-monthly to quarterly, with meetings being held on the first Tuesday of January, April, July, and October. ATTACHMENTS: 8 Item 2. 4A INDUSTRIAL DEVELOPMENT BOARD COMMUNICATION DATE: February 3, 2026 FROM: Shani Bradshaw, Director of Economic Development AGENDA ITEM: Financial Reports. SUMMARY:  Financial Report for the period ending December 31, 2025  Sales Tax collections for December 31, 2025 FISCAL INFORMATION: Budgeted: NA Amount: NA GL Account: NA RECOMMENDED MOTION OR ACTION: NA ATTACHMENTS:  Monthly Financial Report – December 31, 2025  Sales Tax Report – December 31, 2025 9 Item 3. Sanger Texas Industrial Development Corporation Fund Type A December 31, 2025 Percent Budget Actual of Budget Revenue Sales Tax $ 962,500.00 $ 246,833.51 26% Interest Income $ 95,000.00 $ 29,079.27 31% Grants Total Revenue $ 1,057,500.00 $ 275,912.78 26% Expenditures Salaries & Benefits $ 123,500.00 $ 31,973.34 26% Supplies & Materials $ 95,250.00 $ 6,692.90 7% Maintenance & Operations $ 1,900.00 $ 189.52 10% Contract Services $ 139,000.00 $ 22,537.50 16% Capital Outlay $ - $ - #DIV/0! Grant Expenses $ 250,000.00 0% Transfers $ 15,000.00 0% Utilities $ - $ 62.85 #DIV/0! Total Expenditures $ 624,650.00 $ 61,456.11 10% Revenues Over Expenditures $ 432,850.00 $ 214,456.67 Cash in Bank - First United $ 4,032,948.37 Cash in Bank - Prosperity $ 333,651.50 Money Market - Prosperity $ 2,144,038.02 Certificate of Deposit $ 103,518.66 Total Cash $ 6,614,156.55 10 Item 3. Month 2021-2022 Total 2022-2023 Total 2023-2024 Total 2024-2025 Total 2025-2026 Total October 50,303 55,222 65,621 65,621 84,045 84,045 67,307 67,307 76,566 76,566 November 55,222 105,525 61,751 127,372 72,499 156,544 76,909 144,216 81,754 158,319 December 48,145 153,670 72,220 199,591 62,317 218,861 71,117 215,333 88,514 246,834 January 56,155 209,825 61,974 261,565 78,147 297,009 76,821 292,154 February 76,753 286,579 71,749 333,314 69,257 366,266 96,830 388,984 March 57,471 344,049 52,565 385,879 61,032 427,298 60,873 449,857 April 44,446 388,495 54,627 440,506 45,186 472,483 59,146 509,003 May 64,395 452,890 67,275 507,780 67,969 540,452 69,680 578,683 June 65,968 518,858 60,186 567,966 73,838 614,290 71,869 650,552 July 56,987 575,845 61,729 629,695 68,028 682,319 70,915 721,467 August 68,209 644,054 62,807 692,502 72,940 755,259 81,656 803,123 September 51,911 695,965 63,730 756,232 70,492 825,750 92,493 895,615 TOTAL 695,965 695,965 756,232 756,232 825,750 825,750 895,615 895,615 246,834 246,834 BUDGET 600,000 95,965 800,000 (43,768)875,000 (49,250)962,500 (66,885)962,500 Actual Actual % 2025 2024 Change $ 88,514 $ 71,117 24% Sales Tax Report - December 2025 Dec-25 Sales Tax Collection 695,965 756,232 825,750 895,615 246,834 0 100,000 200,000 300,000 400,000 500,000 600,000 700,000 800,000 900,000 1,000,000 2021-2022 2022-2023 2023-2024 2024-2025 2025-2026 Sales Tax Revenue 2021-2026 11 Item 3. 4A INDUSTRIAL DEVELOPMENT BOARD COMMUNICATION DATE: February 3, 2026 FROM: Shani Bradshaw, Director of Economic Development AGENDA ITEM: Director’s Report. SUMMARY:  Staff will provide an update on economic development activities. FISCAL INFORMATION: Budgeted: NA Amount: NA GL Account: NA RECOMMENDED MOTION OR ACTION: NA ATTACHMENTS:  Director’s Report 12 Item 4. DIRECTOR’S REPORT January 2026 1 | P a g e Municipal Development District (MDD) Update:  On Monday, January 5, 2026, City Council approved calling a Special Election for the creation of a Municipal Development District (MDD).  Staff will begin providing public information and education through social media channels, pending legal review. Business Growth and Development Updates:  Industrial development interest remains slow at this time; however, there has been notable activity in the retail and mixed-use sectors, with several promising inquiries and meetings underway.  New Business coming soon: Dorado Nail Bar AT&T Panda Express Physical Therapist Wings Over Sanger Whataburger 7 Brew Coffee Brakes Plus Popeyes Chicken Car Wash Marketing and Networking:  The quarterly EDC newsletter was distributed in January. The next edition is scheduled for release in April.  The EDC marketing plan is being updated in preparation for a new marketing campaign. This effort will be coordinated with a tourism plan as a joint initiative with the City Marketing Department  Staff will have a booth at ICSC@Red River and is working with the Retail Coach to establish meetings with prospective retail tenants. Marketing materials are being prepared for the event. Professional Development / Training:  Staff completed the TEDC Sales and Use Tax Workshop (virtual) December 1-15 Other Updates:  Sanger Education Foundation 2026 Annual Gala will be held on March 20, 2026. Important Dates:  February 16 – City Offices Closed  February 17-19 – ICSC Red River in San Antonio (Staff)  February 25 – Chamber Award Luncheon  February 26 – Industrial Asset Management Council in Fort Worth (Shani)  March 1-6 – CDI in Houston (Shani)  April 27-29 – SEDC American South Site Selection Summit in Arlington (Shani) 13 Item 4.