08/23/2022-4B-Agenda Packet-Regular4B DEVELOPMENT CORPORATION
MEETING AGENDA
AUGUST 23, 2022, 6:00 PM
4B DEVELOPMENT CORPORATION REGULAR MEETING
HISTORIC CHURCH BUILDING - 403 N 7TH STREET, SANGER, TEXAS
CALL THE REGULAR MEETING TO ORDER AND ESTABLISH A QUORUM
CITIZENS COMMENTS
This is an opportunity for citizens to address the Corporation 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 Corporation with regard to matters on the
agenda will be received at the time the item is considered. The Corporation is not allowed to
converse, deliberate or take action on any matter presented during citizen input.
INVOCATION AND PLEDGE
REPORTS
1. Financial Reports.
Director of Economic Development
2. Porter Park Update
3. Conferences, Training and Tradeshows.
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.
4. Consideration and possible action on the minutes from the July 26, 2022, meeting.
ACTION ITEMS
FUTURE AGENDA ITEMS
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
1
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 Corporation or at the call of the President.
ADJOURN
NOTE: The Corporation 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 is
readily accessible to the general public at all times and posted on the City of Sanger website on
August 19, 2022, at 10:45 a.m..
/s/ Stefani Dodson
Stefani Dodson, Secretary
The Historical Church 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.
2
8-18-2022 05:25 PM CITY OF SANGER PAGE: 1
BALANCE SHEET
AS OF: JULY 31ST, 2022
42 -4B CORPORATION
ACCOUNT # ACCOUNT DESCRIPTION BALANCE
_____________________________________________________________________________________________
ASSETS
======
42-00-1000 CLAIM ON CASH 1,939,124.05
42-00-1010 CKG - 4B CASH (2379694) 200,548.09
42-00-1013 CD - 4B #653500 22,154.79
42-00-1014 CD - 4B #659924 21,910.68
42-00-1015 CD - 4B #664243 22,006.52
42-00-1016 CD - 4B #673277 21,959.76
42-00-1017 CD - 4B #686115 21,978.80
42-00-1018 CD - 4B #689521 21,899.18
42-00-1019 CD - 4B #694371 21,984.08
42-00-1020 CD - 4B #697230 22,110.27
42-00-1021 CD - 4B #699934 22,033.27
42-00-1022 CD - 4B #702285 21,844.17
42-00-1023 CD - 4B #706078 21,754.61
42-00-1024 CD - 4B #720097 21,436.35
42-00-1025 CD - 4B #720119 21,471.59
42-00-1153 SALES TAX RECEIVABLE 101,507.68
2,525,723.89
TOTAL ASSETS 2,525,723.89
==============
LIABILITIES
===========
42-00-2000 ACCOUNTS PAYABLE CONTROL 9,983.80
42-00-2403 ACCRUED WAGES PAYABLE 1,340.72
42-00-2900 ENCUMBRANCE ( 30,497.37)
42-00-2910 RESERVE FOR ENCUMBRANCE 30,497.37
42-00-2950 DUE TO GENERAL FUND 67,407.55
TOTAL LIABILITIES 78,732.07
EQUITY
======
42-00-3015 FUND BALANCE - RESTRICTED 1,920,879.30
TOTAL BEGINNING EQUITY 1,920,879.30
TOTAL REVENUE 601,860.93
TOTAL EXPENSES 75,748.41
TOTAL REVENUE OVER/(UNDER) EXPENSES 526,112.52
TOTAL EQUITY & REV. OVER/(UNDER) EXP. 2,446,991.82
TOTAL LIABILITIES, EQUITY & REV.OVER/(UNDER) EXP. 2,525,723.89
==============
3
Item 1.
8-18-2022 05:26 PM CITY OF SANGER PAGE: 1
REVENUE & EXPENSE REPORT (UNAUDITED)
AS OF: JULY 31ST, 2022
42 -4B CORPORATION
FINANCIAL SUMMARY % OF YEAR COMPLETED: 83.33
CURRENT CURRENT YEAR TO DATE TOTAL BUDGET % YTD
BUDGET PERIOD ACTUAL ENCUMBERED BALANCE BUDGET
____________________________________________________________________________________________________________________________
REVENUE SUMMARY
TAXES 600,000 56,986.74 575,845.46 0.00 24,154.54 95.97
INTEREST 10,000 324.19 26,015.47 0.00 ( 16,015.47) 260.15
TOTAL REVENUES 610,000 57,310.93 601,860.93 0.00 8,139.07 98.67
EXPENDITURE SUMMARY
74-TRANSFERS 212,500 0.00 0.00 0.00 212,500.00 0.00
76-4B FUND 352,875 15,655.25 75,748.41 30,497.37 246,629.22 30.11
____________________________________________________________________________________________________________________________
TOTAL EXPENDITURES 565,375 15,655.25 75,748.41 30,497.37 459,129.22 18.79
REVENUE OVER/(UNDER) EXPENDITURES 44,625 41,655.68 526,112.52 ( 30,497.37)( 450,990.15)1,110.62
4
Item 1.
8-18-2022 05:26 PM CITY OF SANGER PAGE: 2
REVENUE & EXPENSE REPORT (UNAUDITED)
AS OF: JULY 31ST, 2022
42 -4B CORPORATION
FINANCIAL SUMMARY % OF YEAR COMPLETED: 83.33
CURRENT CURRENT YEAR TO DATE TOTAL BUDGET % YTD
REVENUES BUDGET PERIOD ACTUAL ENCUMBERED BALANCE BUDGET
____________________________________________________________________________________________________________________________
TAXES
00-4325 STATE SALES TAX 600,000 56,986.74 575,845.46 0.00 24,154.54 95.97
TOTAL TAXES 600,000 56,986.74 575,845.46 0.00 24,154.54 95.97
INTEREST
00-4800 INTEREST INCOME 10,000 324.19 26,015.47 0.00 ( 16,015.47) 260.15
TOTAL INTEREST 10,000 324.19 26,015.47 0.00 ( 16,015.47) 260.15
____________________________________________________________________________________________________________________________
TOTAL REVENUE 610,000 57,310.93 601,860.93 0.00 8,139.07 98.67
============ ============== ============== ============== ============== =======
5
Item 1.
8-18-2022 05:26 PM CITY OF SANGER PAGE: 3
REVENUE & EXPENSE REPORT (UNAUDITED)
AS OF: JULY 31ST, 2022
42 -4B CORPORATION
74-TRANSFERS % OF YEAR COMPLETED: 83.33
CURRENT CURRENT YEAR TO DATE TOTAL BUDGET % YTD
DEPARTMENTAL EXPENDITURES BUDGET PERIOD ACTUAL ENCUMBERED BALANCE BUDGET
____________________________________________________________________________________________________________________________
74-TRANSFERS
74-7403 TRANSFER TO DSF 212,500 0.00 0.00 0.00 212,500.00 0.00
TOTAL 74-TRANSFERS 212,500 0.00 0.00 0.00 212,500.00 0.00
____________________________________________________________________________________________________________________________
TOTAL 74-TRANSFERS 212,500 0.00 0.00 0.00 212,500.00 0.00
6
Item 1.
8-18-2022 05:26 PM CITY OF SANGER PAGE: 4
REVENUE & EXPENSE REPORT (UNAUDITED)
AS OF: JULY 31ST, 2022
42 -4B CORPORATION
76-4B FUND % OF YEAR COMPLETED: 83.33
CURRENT CURRENT YEAR TO DATE TOTAL BUDGET % YTD
DEPARTMENTAL EXPENDITURES BUDGET PERIOD ACTUAL ENCUMBERED BALANCE BUDGET
____________________________________________________________________________________________________________________________
51-SALARIES AND BENEFITS
76-5110 REGULAR SALARIES 41,400 4,728.15 34,673.10 0.00 6,726.90 83.75
76-5125 LONGEVITY PAY 100 0.00 78.00 0.00 22.00 78.00
76-5128 AUTO ALLOWANCE 3,000 250.00 2,500.00 0.00 500.00 83.33
76-5129 CELL PHONE ALLOWANCE 300 25.00 100.00 0.00 200.00 33.33
76-5130 FICA 3,450 373.55 2,792.48 0.00 657.52 80.94
76-5140 RETIREMENT 3,900 433.05 3,238.86 0.00 661.14 83.05
76-5150 HEALTH INSURANCE 4,200 352.10 3,501.29 0.00 698.71 83.36
76-5160 WORKER'S COMPENSATION 250 0.00 0.00 0.00 250.00 0.00
76-5170 T W C 100 0.00 0.00 0.00 100.00 0.00
TOTAL 51-SALARIES AND BENEFITS 56,700 6,161.85 46,883.73 0.00 9,816.27 82.69
52-SUPPLIES AND MATERIALS
76-5210 OFFICE SUPPLIES 500 0.00 99.62 0.00 400.38 19.92
76-5213 COMPUTER HARDWARE 250 0.00 0.00 0.00 250.00 0.00
76-5214 COMPUTER SOFTWARE 3,375 0.00 0.00 0.00 3,375.00 0.00
76-5215 FOOD 200 0.00 0.00 0.00 200.00 0.00
76-5220 POSTAGE 50 0.00 6.10 0.00 43.90 12.20
76-5226 MARKETING & PROMOTION 15,000 7.02 6,500.09 1,775.00 6,724.91 55.17
76-5235 DUES & SUBSCRIPTIONS 600 0.00 510.41 0.00 89.59 85.07
76-5240 CONFERENCES & TRAINING 800 0.00 867.50 0.00 ( 67.50) 108.44
TOTAL 52-SUPPLIES AND MATERIALS 20,775 7.02 7,983.72 1,775.00 11,016.28 46.97
53-MAINTENANCE AND OPERAT
76-5332 OFFICE MACHINE LEASE 600 128.75 443.33 0.00 156.67 73.89
TOTAL 53-MAINTENANCE AND OPERAT 600 128.75 443.33 0.00 156.67 73.89
54-CONTRACT SERVICES
76-5425 LEGAL SERVICES 1,000 0.00 0.00 0.00 1,000.00 0.00
76-5430 PROFESSIONAL SERVICES 10,000 0.00 0.00 0.00 10,000.00 0.00
76-5450 TECHNICAL SUPPORT 1,000 0.00 0.00 0.00 1,000.00 0.00
76-5452 WEBSITE 12,800 107.63 6,187.63 5,972.37 640.00 95.00
TOTAL 54-CONTRACT SERVICES 24,800 107.63 6,187.63 5,972.37 12,640.00 49.03
56-GRANT EXPENSES
76-5601 PROMO/COMMUNITY EVENT GR 25,000 0.00 0.00 0.00 25,000.00 0.00
76-5603 PROPERTY ENHANCEMENTS IN 25,000 0.00 5,000.00 0.00 20,000.00 20.00
TOTAL 56-GRANT EXPENSES 50,000 0.00 5,000.00 0.00 45,000.00 10.00
61-CAPITAL OUTLAY
76-6116 PORTER PARK UPDATES 200,000 9,250.00 9,250.00 22,750.00 168,000.00 16.00
TOTAL 61-CAPITAL OUTLAY 200,000 9,250.00 9,250.00 22,750.00 168,000.00 16.00
7
Item 1.
8-18-2022 05:26 PM CITY OF SANGER PAGE: 5
REVENUE & EXPENSE REPORT (UNAUDITED)
AS OF: JULY 31ST, 2022
42 -4B CORPORATION
76-4B FUND % OF YEAR COMPLETED: 83.33
CURRENT CURRENT YEAR TO DATE TOTAL BUDGET % YTD
DEPARTMENTAL EXPENDITURES BUDGET PERIOD ACTUAL ENCUMBERED BALANCE BUDGET
____________________________________________________________________________________________________________________________
65-CAPITAL PROJECTS ____________ ______________ ______________ ______________ ______________ _______
70-DEBT PAYMENTS ____________ ______________ ______________ ______________ ______________ _______
74-TRANSFERS ____________ ______________ ______________ ______________ ______________ _______
____________________________________________________________________________________________________________________________
TOTAL 76-4B FUND 352,875 15,655.25 75,748.41 30,497.37 246,629.22 30.11
TOTAL EXPENDITURES 565,375 15,655.25 75,748.41 30,497.37 459,129.22 18.79
============ ============== ============== ============== ============== =======
REVENUE OVER/(UNDER) EXPENDITURES 44,625 41,655.68 526,112.52 ( 30,497.37)( 450,990.15)1,110.62
8
Item 1.
Month Total 2015-2016 Total 2016-2017 Total 2017-2018 Total 2018-2019 Total 2019-2020 Total 2020-2021 Total 2021-2022 Total
OCT 26,843 29,528 29,528 33,532 33,532 36,117 36,117 35,425 35,425 41,961 41,961 52,602 52,602 50,303 50,303
NOV 58,740 36,744 66,272 36,725 70,257 38,951 75,068 36,853 72,278 42,075 84,036 50,054 102,656 55,222 105,525
DEC 87,526 30,055 96,327 37,133 107,390 32,669 107,737 36,420 108,698 44,092 128,128 52,405 155,061 48,145 153,670
JAN 129,336 28,916 125,243 32,386 139,776 34,264 142,001 33,403 142,102 27,585 155,713 44,941 200,002 56,155 209,825
FEB 168,245 35,203 160,446 42,385 182,161 48,966 190,967 36,966 179,068 70,059 225,772 62,144 262,146 76,753 286,579
MAR 198,086 30,091 190,537 34,273 216,434 32,712 223,679 32,428 211,496 40,966 266,738 49,700 311,846 57,471 344,049
APR 227,415 31,321 221,858 29,088 245,522 28,440 252,119 32,984 244,481 35,736 302,474 48,180 360,026 44,446 388,495
MAY 261,056 34,401 256,259 42,345 287,867 39,427 291,546 43,134 287,615 41,692 344,166 63,691 423,717 64,396 452,891
JUN 290,086 32,746 289,005 30,853 318,720 31,811 323,357 36,456 324,071 50,482 394,647 47,099 470,816 65,968 518,859
JUL 317,886 32,803 321,808 35,710 354,430 34,802 358,159 36,977 361,048 49,189 443,837 50,290 521,106 68,209 587,068
AUG 353,373 37,628 359,436 42,725 397,155 39,661 397,820 42,598 403,646 47,386 491,222 62,523 583,629
SEP 386,739 31,646 391,082 38,361 435,516 38,280 436,100 38,860 442,506 42,073 553,295 52,474 636,104
TOTAL 386,739 391,082 391,082 435,516 435,516 436,100 436,100 442,506 442,506 533,295 533,295 636,104 636,104 587,068
BUDGET 66,739 362,500 28,582 362,500 73,016 385,000 51,100 385,000 57,506 385,000 148,295 462,500 173,604 600,000 (600,000)
Actual Actual %Actual Actual %
2020-2021 2021-2022 Change 2020-2021 2021-2022 Change
50,290 68,209 36%521,106 587,068 13%
Year to Date
SALES TAX REVENUE REPORT
July
391,082
435,516 436,100 442,506
533,295
636,104
587,068
0
100,000
200,000
300,000
400,000
500,000
600,000
700,000
2015-2016 2016-2017 2017-2018 2018-2019 2019-2020 2020-2021 2021-2022
SALES TAX REVENUE 2015-2022
9
Item 1.
4B DEVELOPMENT CORPORATION
COMMUNICATION
DATE: August 23, 2022
FROM: Shani Bradshaw, Director of Economic Development
AGENDA ITEM: Porter Park Update
SUMMARY:
Adjustments have been made based on the comments and items discussed at the July 26, 2022
board meeting.
Bid Deduct Alternate One – Parkhill used to formulate the potential savings if Bid Deduct Alternate
one was accepted.
It is assumed that fence fabric, rails and miscellaneous fittings would be reused.
Parkhill removed the project contingency.
City of Sanger will have to carry the contingency at 10% which would be $31,772 in addition to
what is shown.
FISCAL INFORMATION:
Budgeted: YES/NO Amount: $0.00 GL Account: XXX.XX.XXXX
RECOMMENDED MOTION OR ACTION:
NA
ATTACHMENTS:
Opinion of Probable Construction Cost
Outfield Fence Quote
10
Item 2.
OPINION OF PROBABLE CONSTRUCTION COST - Preliminary
John Porter Sports Park Softball Field Renovations
City of Sanger
August 01, 2022
No.Item Quantity Unit Unit Price Amount
A. General Items
Mobilization 1 LS 20,000.00 20,000.00$
Clearing / Grubbing/Demo - Removal of Old Infield 51,162 SF 0.25$ 12,790.50$
Concrete Demo 455 SF 3.00$ 1,365.00$
Existing Scoreboard Removal 3 EA 750.00$ 2,250.00$
Fence Removal (417 LF per field)1,251 LF 4.00$ 5,004.00$
Erosion Control 1 LS 3,000.00$ 3,000.00$
Subtotal 44,409.50$
B. Earthwork
Fine Grading at backstop and home plate 50 CY 60.00$ 3,000.00$
Subtotal 3,000.00$
C.Softball Field
Light Re-aiming 1 LS 4,500.00$ 4,500.00$
Soil Amendments (12" topsoil & compost)290 CY 50.00$ 14,500.00$
Tiff 419 Turfgrass (sod)870 SY 9.00$ 7,830.00$
Irrigation (adjust heads at outfield fence & infield transition)3 EA 10,000.00$ 30,000.00$
Infield Reconditioning (8" depth)1,139 CY 60.00$ 68,340.00$
6' Chainlink Fence 1,130 LF 49.50$ 55,935.00$
Fence Top Protection (foul line & outfield fence, dugout to dugout)1 LS 4,000.00$ 4,000.00$
Base Plates, & Pitchers Rubber (per field)3 EA 1,500.00$ 4,500.00$
Foul Pole (15' Tall w/8' wing)6 EA 2,200.00$ 13,200.00$
Scoreboard 3 EA 15,000.00$ 45,000.00$
Concrete Curb @ Top of Backstop Wall 305 LF 30.00$ 9,150.00$
Subtotal 247,805.00$
D. ADA Upgrades
Replace Sidewalk Panels 455 SF 7.75$ 3,526.25$
Restripe ADA Parking and Update Signage 1 LS 1,000.00$ 1,000.00$
Subtotal 4,526.25$
Subtotal 299,740.75$
6% Inflation Contingency 17,984.45$
BASE BID Total 317,725.20$
E. Bid Deduct Alternate One
Reuse existing outfield fencing at new outfield fence location* 1 LS 16,613.41$ 16,613.41$
*fence fabric, rails and misc. fittings salvaged and reused.Subtotal 16,613.41$
6% Inflation Contingency 996.80$
BID DEDUCT ALTERNATE ONE Total 17,610.21$
TOTAL BASE BID AND DEDUCT ALTERNATE Total 300,114.98$
\\Data1\Projects3\2022\8156.22\03_DSGN\03_REPT\02_OPCC\2022-8-1 SD Preliminary OPC.xlsx
11
Item 2.
6' HT. CHAIN LINK OUTFIELD FENCE QUOTE - MATERIALS ONLY - 1130 L.F.
BURLY FENCING - BURLESON, TX
817-295-1128
$14,423.48
$1,189.93
$15,613.41
ESTIMATED FREIGHT SAVINGS $1,000
$16,613.41POTENTIAL SAVINGS RE-USING EXISTING FENCING
12
Item 2.
4B DEVELOPMENT CORPORATION
COMMUNICATION
DATE: August 23, 2022
FROM: Shani Bradshaw, Director of Economic Development
AGENDA ITEM: Conferences, Training and Tradeshows
SUMMARY:
Southern Economic Development Council (SEDC)
o 2022 SEDC Annual Conference - 08/15/2022 – 8/16/2022
o Meet the Consultants - TBD
Retail Live
o Retail event with an opportunity to communicate directly with retailers
o September 1, 2022
Sales Tax Workshop
o Economic Development Sales Tax Workshop in Garland
o September 16, 2022
2022 Annual Texas Economic Development Council Conference
o Annual Conference
o September 19 – September 21, 2022
North Texas Commercial Association of REALTORS
o Commercial real estate trade show
o November 3, 2022
Annual Fall Consultants Forum
o Network with leading site consultants and industry experts
o Roundtable discussions with an opportunity to engage face to face with speakers
o December 4 – December 6, 2022
FISCAL INFORMATION:
Budgeted: YES Amount: TBD GL Account: TBD
RECOMMENDED MOTION OR ACTION:
NA
ATTACHMENTS:
NA
13
Item 3.
4B DEVELOPMENT CORPORATION
MEETING MINUTES
JULY 26, 2022, 6:00 PM
4B DEVELOPMENT CORPORATION REGULAR MEETING
HISTORIC CHURCH BUILDING - 403 N 7TH STREET, SANGER, TEXAS
CALL THE REGULAR MEETING TO ORDER AND ESTABLISH A QUORUM
There being a quorum, John Payne called the meeting to order at 6:01 p.m.
INVOCATION AND PLEDGE
Eddie Piercy led the board in the Pledge.
CITIZENS COMMENTS
This is an opportunity for citizens to address the Corporation 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 Corporation with regard to matters on the
agenda will be received at the time the item is considered. The Corporation is not allowed to
converse, deliberate or take action on any matter presented during citizen input.
No citizens came forward to speak.
DISCUSSION ITEMS
1. Presentation and discussion on the renovations to Porter Park.
Parks and Recreation Superintendent Ryan Nolting speaks to the board about the
update on construction of Porter Park Fields. He explains they expect 3 months of
construction beginning in the spring.
Landon with Parkhill gave a presentation to the board about the construction.
John Payne asked why are we looking at doing so many changes just to move the
backstop. He also wanted to know if the resolution had all the extra changes.
Director of Economic Development Shani Bradshaw explains all of the construction
ideas that were presented.
Eddie Piercy stated that the quote is already 100% over the budget. He also says
there are saving with not moving the flag poles, fence and he would like to see the
14
Item 4.
financial differences. He also recommends that the City should be paying for ADA
relighting not the 4B.
John Payne states no new scoreboards and repurpose as much as possible.
Guy Saenz spoke about the irrigation system.
REPORTS
Director of Economic Development
2. Financial Reports.
Director of Economic Development Shani Bradshaw gives a brief update on the
financial report.
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.
Eddie Piercy make a motion to approve the consent agenda. Carrie Bilyeu seconded the
motion. Motion passes unanimously.
3. Approval of Minutes from 06/28/22
ACTION ITEMS
4. Consideration and possible act on electing officers for the Sanger Development
Corporation.
Eddie Piercy made a motion to keep the officers the same. Carrie Bilyeu seconded the
motion. Motion passes unanimously.
5. Consideration and possible action on amending the Economic Development Incentive
Policy.
Director of Economic Development Shani Bradshaw goes over a minor change in the
policy. The amount for the grant changed from $5,000.00 to $10,000.00 and remove
the time eligibility requirement.
John Payne makes a motion to approve the policy changes. Beverly Howard seconded
the motion. Motion passes unanimously.
6. Reconsider and possible action on the 4B Fiscal Year 2022-2023 Budget.
Beverly Howard made a motion to approve the 2022-2023 budget with Porter Park
renovation cap at $350,000.00. Guy Saenz seconded the motion. Motion passes
unanimously.
15
Item 4.
FUTURE AGENDA ITEMS
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 Corporation or at the call of the President.
No future items were discussed.
ADJOURN
John Payne adjourn the meeting at 7:31 p.m.
16
Item 4.