04/01/2013-4B-Minutes-Regular (3)MINUTES: 4B DEVELOPMENT CORPORATION
April 1, 2013
PRESENT: Beverly Howard, Barbara Martin, Beverly Branch, John Payne, Will Dutton
and Jeff Springer
OTHERS PRESENT: Mike Brice City Manager, Tami Taber City Secretary, Mayor
Thomas Muir, John and Elizabeth Springer
ABSENT: Christy Crutsinger
1. Call Meeting to Order.
John Payne called the meeting to order at 4:07 p.m.
2. Approve Minutes: November 5, 2012
Will Dutton made a motion to approve. Seconded by Beverly Branch.
Motion carried unanimously.
3. Approve Budget Amendment #1 for $18,250.00 to pay for the Parks Master Plan
Originally Approved in July 2011.
City Manager advised that the second half is due and wasn't included in this year's
budget.
Barbara Martin made a motion to approve. Seconded by Will Dutton. Motion
carried unanimously.
4. Consider and Discuss Refurbishing Presbyterian Church Public/Private
Partnership.
Mayor Muir advised that he was approached by the Denton Historical Society who
would like to move the church to Denton at no cost to the City. The Mayor wants to
keep the church and wanted input from the 4B board and suggestions on ways to
keep it. He also requested that 4B donate $100,000 -$150,000 to refurbish.
Jeff Springer made a motion authorizing the Mayor to communicate the 4B Board's
interest to keep the church, as long as funds are matched by the community and the
obligation is capped. Seconded by Will Dutton. Motion carried unanimously.
5. Consider, Discuss and Possibly Approve Ongoing Financ_ing for the Splash Park
and Switzer Park Improvements.
City Manager advised that the City closed the pool in 2008 and it is not cost effective
to reopen. The cost of a splash park and replacement of the walking trail at Switzer
Park is approximately $520,000 and he wants to do a bond issue this summer. It
would be a twenty year bond at approximately $32,000 -$33,000 each year and
wants 4B to commit to paying that amount.
Beverly Howard made a motion to approve the splash park with annual payments
of $32,750 toward the bond payment. Seconded by Beverly Branch. Motion carried
4-2.
For
Beverly Howard
Beverly Branch
Will Dutton
Jeff Springer
Against
Barbara Martin
Abstained
John Payne
6. Consider, Discuss and Possibly Approve Providing Approximately $4,500.00 for
Reconstruction of a Brick Sidewalk in the Downtown Park.
City Manager stated that the sidewalk is deteriorating and the edges are breaking
off. This would be repaired by putting a concrete curb on both sides of the bricks.
Beverly Branch-made a motion to approve. Seconded by Barbara Martin. Motion
carried unanimously.
7. Review Financials.
Sales tax figures are still good.
8. Adjourn.
Meeting was adjourned at 4:45 p.m.