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06/23/2014-4B-Agenda Packet-Regular1. 2. 3. 4. 5. CS 7TEXAl AGENDA 4B SANGER, TEXAS DEVELOPMENT CORPQRATION MONDAY, JUNE 23, 2014 6:00 P.M. 502 ELM Call Meeting to Order. Approve Minutes: April 9, 2014 Election of Officers. Consider, Discuss and Possibly Approve the Fiscal Year 2014/2015 Budget. Update on Projects. Review Financials. Adjourn. I, the undersigned authority, do hereby certify that this Notice of Meeting was posted on the bulletin board, at the City Hall of the City of Sanger, Texas, a place convenient and readily accessible to the general public at all times, and said notice was posted on the following date and time: (a / 9 - 6;? 6 /4 at ; ,3® _.m. and shall remain posted until meeting is adj,9urned. '1W Q r, I" 0 r f (.,, U1 Tami Taber, City Secretary City of Sanger, Texas This facility is wheelchair accessible and accessible parking spaces are available. Requests for accommodations or interpretive services must be made 48 hours prior to this meeting. Please contact the City Secretary's office at (940) 458-7930 for further information. MINUTES: 4B DEVELOPMENT CORPORATION April 9, 2014 PRESENT: Beverly Howard, Barbara Martin, Beverly Branch, Will Dutton, Jeff Springer and Christy Crutsinger ABSENT: John Payne i,• r Thomas Muir, TonaBatis, Eleece Calvert and Nancy Smith Barbara Martin called the meeting to order at 6:01 p.m. 2. Approve Minutes: July 8, 2013 Beverly Howard made a motion to approve. Seconded by Beverly Branch. Motion carried unanimously. 3. Consider, Discuss and Possibly Approve Allocating Funds for the Renovation of the Presbyterian Church. Previously a group from the Denton Historical Society offered to move the church to a historical park in Denton at no cost to the City. A community meeting was held and the City of Sanger hired Eikon Consultant Group to take a look a refurbishing the church. They drew up and submitted plans to the Texas Historical Commission which were approved. Eikon then developed an opinion of cost to complete the refurbishing. The total estimated cost to make it useable is $220,000. Mayor Muir was present and advised that the original estimate was much higher than the new estimate of approximately $2201000. He would like the church refurbished to have weddings, receptions, plays and art presentations. Jeff Springer made a motion to approve $110,000 towards the cost of renovations. Seconded by Will Dutton. Motion carried unanimously. 4. Update on Projects. The pool has been taken out and a completion date for the spray park is scheduled for late summer. 5. Review Financials. Still doing good. Bond payments are due in August. 6. Adjourn. Meeting was adjourned at 6:26 p:m. ECONOMIC DEVELOPMENT DEPARTMENT Account # Account Name Proposed Salaries & Benefits Budget Account # Account Name Budget Maintenance & Operation 5110 Regular Salaries 75,000,00 5310 R&M Building 1,000.00 5111 Merit Increase 1,500.00 ISubtotal 1,000.00 5117 Vacation Compensation 1,000.00 Contract Services 5120 Overtime 500.00 5430 Professional Services 2,400.00 5125 Longivety 150.00 5450 Technical Support 1,500.00 5128 Auto Allowance 6,000.00 5130 FICA 6,172.00 Subtotal 3,900.00 5140 Retirement 6,172.00 Utilities 5150 Health Ins. 8,100.00 5520 Cell Phone 600.00 5160 Workers Comp. 500.00 Subtotal 600.00 5170 TEC 200.00 5175 EAP 50.00 Capital Expenses 5180 Medical/Physicals 50.00 6025 Computer Hardware 2,000.00 5182 Background Checks 50.00 6026 Computer Software 500.00 Subtotal 10S1444.00 Office Construction 5,000.00 Supplies & Materials 6040 Office furniture 5/000000 5201 Other Subtotal 12,500.00 5210 Office Supplies 1,000.00 5215 Food 250.00 Total 138,444.00 5225 Maps & Subscriptions 250.00 5230 Advertising 7,500.00 5235 Dues & Registration 3,000.00 5240 Travel 3,000.00 Subtotal 15,000.00 Revenue Source 4A $881444.00 4B $251000.00 Enterprise $251000.00 Tota 1 $138,444.00 I I 1 0 2009 2010 2011 2012 2013 2014 JAN 221880 16,390 171614 191380 24,097 231812 FEB 23,229 21,816 251199 25,026 26,189 27,381 MAR 24,180 20,922 191181 321150 211635 22,628 APR MAY 161279 24,745 17,033 21,613 27,161 21,770 20,213 22,755 25,163 28,095 27,715 36,808 JUN 20,537 19,823 21,854 26,742 281181 26,167 JUL 20,160 19,610 20,076 23,621 24,929 AUG 24,028 22,564 25,357 31,461 29,775 5EP 22,689 19,530 23,370 291684 29,761 OCT 17,689 20,754 25,346 23,310 25,572 NOV 20,294 21,438 21,322 281064 28,823 DEC 17,151 17,599 23,461 25,854 27,350 TOTAL 253,860 239,091 271,710 308,260 319,571 164,511 T®TAL REVENUE 2002-013 350,000 300,000 250,000 2001000 150,000 1001000 50,000 0 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 N OO n n 7 n n n n 7 n n n 7 n W D 0 O 0 0 0 0 0 0 0 0 0 0 0 W n r- V J J V O m W W n W Oi CA N N CD O M CO C fl N M V O CTcn N CD DW N o 4V A DO W A DWw N N D O O N CO N W N N CO C 3 N D 0 J W W W j M j V AC) N J D V co I A O P J W A O Cfl D 0 Z m m z A A A A A A A A A A A A A A A N N N N N N N N N N N N N N N O O O O O O O O O O O O O O O Dn O O O O O O O O O O O O O O O nrt O O O O O O O O O O O O O O O CNT W N O 0M V O 0 A W CD00 O`O O\O CO W W\ p A COO COiI N W N N N N N N N N N N N N N O O O O O O O O O O O O% O A A cn cn A A A A A A A A cn A A A A A A A A A A A A A O o O O O O O O O O O O O O O C) I Ch o 0 o 0 0 0 0 0 0 0 0 0 0 0 o Q' O1 1 O P! 00'-> O O O O A D N; Cn N N o J O W A A W CJt CA N O Efl sn:... n C N M emu p O_ O O O O W w o N O Iv N A J 0 to O m J Cn W V cn O C. 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