09/27/1999-4A-Minutes-RegularMINUTES: 4A CORPORATION
SEPTEMBER 27,1999
PRESENT: Joe Skiles, Garland Thornton, Mike James, Frank Ballard
ABSENT: Carroll McNeill
OTHERS
PRESENT: City Administrator Jack Smith, Administrative Assistant Samantha Renz
1. Frank Ballard called the meeting to order.
2. a)
b)
Approve Minutes:
Disbursements.
CONSENT AGENDA
July 26, 1999
Garland Thornton moved to approve the minutes.
Mike James seconded.
Motion Carried unanimously.
Frank moved to approve the disbursements.
Mike James seconded.
Motion Carried unanimously.
2. Consider and Possible Action on FY 1999-2000 Budget.
Garland Thornton asked how the revenues budgeted compare to current revenues.
City Administrator explained the figure was very conservative, and they would probably
collect more.
Discussion regarding sales tax.
Frank Ballard indicated that if the budget did not commit them to anything he would like
to add $5,000.00 for promotional expenses.
Garland Thornton moved to add a line item for promotional expense as long as it does not
commit the board to anything.
Mike James seconded.
Motion Carried unanimously.
4. Any Other Such Matters.
5.
City Administrator addressed the possible new business discussed at the last meeting, and
indicated that Sanger is on the short list for the distribution center along with three other
cities. He indicated be is not sure what land they are looking at, but it is North of town.
Discussion regarding possible new business, and possible locations.
Discussion regarding abatements, and possible needs.
City Administrator indicated the business would initially hire 600 people, and this would
result in major housing projects. He explained that the board may commit the majority
of it's current revenues to a project like this.
Discussion regarding salaries in this area.
Meeting Adjourned.