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11/29/2004-4B-Agenda Packet-Regularj r ·' 1. Call Meeting to Order. ' 2. a) Approve Minutes 3. Citizen's Input AGENDA ~· 4B CO~ORA TION Novemb~r 2~, 2004 7:00 P~M. 201BOLIVAR Consent Agenda 4. Consider arid Possible Action to Set Date and Time for Public Hearing to Consider Utilizing Funds for Future Project; 5~ Adjournment. u\ -1.q-o'-{ y.· 30 plV\ Date and Time Posted This facility is wheelchair accessible and accessible parking spaces are available. Requests . for accommodations or int~rpretive services must be made 48 hours prior to this meeting. Please contact the City Secretary's office at (940) 458-7930 for further information . . , .,· •:' 1 MINUTES: 4B CORPORATION Thursday, OCTOBER 21, 2004 PRESENT: Nel Armstrong, Beverly Branch, Mike Lawler, Glenn Ervin ABSENT: Steve Hollingswort.h, John Payne. OTHERS PRESENT: City Manager Jack Smith, City Secretary/ Assistant City Manager Rose Chavez. 1. Nel Armstrong CaUed Meeting to Order. 2. a) b) Approve Minutes: Disbursements CONSENT 4GENDA September 13, 2003 / Glei,.n Ervin made the motion to approve the Consent Agenda, Beverly Branch seconded. Motion carried unanimously. 3. Citizen's Input None. 4. Discussion Regarding Funding a Feasability Study for Proposed Golf Course. Jack addressed this item and advised that the City has been offered 140-150 acres on Joe Falls' property to build a golf course. The benefit to the developer is his lots will go up in price. · The benefit to the City is that 30-32 thousand rounds of golf a year. Joe Falls can commit the land in writing they need to conduct a feasability study. The study will indicate which golf course is feasible to do and how many rounds of golf and cost per round. Steve Fannin and Associates, is a firm that can conduct the study.-They can provide cost to operate and to build~ Nel Armstrong expressed concerns as to spending the money then the project does not become a reality. Discussion followed. The Board concluded by indicating that City Council needed to discuss this item before 4B could approve it. 5. Adjournment. 11-19-2004 04:01 PM 42 -4B CORPORATION ACCOUNT NO# TITtt-- ASSETS 00-1010 CASH 00-1011 4B CD#66961 00-1012 MONEY MARKET !4B) ACCOUNT 00-1053 RECEIVABLE-OTHER 0~-1060 DUE FROM GEN. FUND 00-1062 AMT TO BE PROVIDED FOR L-T-D LIABILITiES AND FUND BALANCE 00-2201 NiP GNB 00-3020 FUND BALANCE REVENUES , . 00-4425 STATE SALES TAX ' 00-4800 INTEREST INCOME 00-4940 DONATIONS I EXPENSES 00-4985 TRANFERS OUT· TO 48/PARK EXP. 76-5200 CHECK CHARGES 1 76-5210 OFFiCE SUPPLIES ' 76-5215 TRAVEL & REGISTRATIONS 76-5220 DUES 76-5225 PUBLICATIONSiSUBSCRIPTiONS 76-5410 INSURANCE1 76-5420 CONTRACTUAL SERVICES 76-5450 ENGINEERING FEES 76-6500 Projects ¼H TOTALS*** CITY OF SANGER TRIAL BALANCE AS OF: OCTOBER 3iST 1 2004 **** MONTH TO DATE**** DEBITS CREDITS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 **Hi YEAR TO DATE H*** DEBITS CREDITS 1,556.56 0.00 309,657.84 11,426.72 6,323.24 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 · 328,964.36 154,260.75 i54 1260.75CR PAGE: 11-19-2004 04:07 PM C I T Y 0 F SANGER PAGE: FINA.NCIAL STATEMENT AS OF: OCTOBER 31ST, 2004 42 -4B CORPORATION CURRENT CURRENT Y-T-D ~ OF Y-T-D BUDGET BUDGET PERIOD ACTUAL BUDGET ENCUMB. , BALANC"E --------- REVENUE SUMMARY '' 4B REVENUES . i&s,500.00 0,00 0.00 0.00 0.00 163,500.00 *** TOTAL REVENUES *** 163,500.00 0.00 0.00 0.00 0.00 163,500.00 -----~ EXPENDITURE SUMMARY 76-48 EXPENSES 163,500.00 0.00 0.00 0.00 0.00 163,500.00 *** TOTAL EXPENDITURES*** 163,500.00 0.00 0.00 0.00 0.00 163,500.00 --------- ** REV~UES OVER(UNDER) EXPENDITURES** 0.00 0.00 0.00 0.00 0.00 0.00 ----- 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 TOTAL OTHER FINANCING SOURCES (USES) 0.00 0.00 0.00 0.00 0.00 0.00· ------ -I 11-19-2004 04:07 PM 42 -4B CORPORATION REVENUES C I T Y O F S A N G E R FINANCIAL STATEMENT AS OF: OCTOBER 31ST, 2004 CURRENT BUDGET CURRENT PERIOD Y-T-D Y. OF ACTUAL BUDGET Y-T-D ENCUMB. PAGE: 2 BUDGET BALANCE -----------------------:----------------------- REVENUES 48 REVENUES 00-4425 STATE SHI.ES TAX 162,500.00 0.00 0.00 0.00 0.00 162,500.00 00-4800 INTEREST INCOME 1,000.00 0.00 0.00 0.00 0.00 1,000.00 00-4940 DONATIONS 0.00 0.00 0.00 0.00 0.00 0.00 TOTAL 4B REVENUES 163,500.00 0.00 0.00 0.00 0.00 163,500.00 *** TOTAL REVENUES *** 163,500.00 0.00 0.00 0.00 0.00 163,500.00 --------------------- • 11-19-2004 04:07 PM 42 -48 CORPORATION 76-48 EXPENSES DEPARTMENT EXPENDITURES 52-SUPPLiES AND MATERiALS 76-5200 CHECK CHARGES 76-5210 OFFICE SUPPLIES 76-5215 TRAVEL & REGiSTRATIONS 76-5220 DUES 76-5225 PUBLICATIONS/SUBSCRIPTIONS TOTAL 52-SUPPLIES AND MATERIALS 54-CONTRACT SERVICES 76-5410 INSURANCE 76-5420 CONTRACTUAL SERVICES 76-5450 ENGINEERING FEES TOTAL 54-CONTRACT 5-ERVICES 65-PROJECTS 76-6500 Projects TOTAL 65-PROJECTS *** DEPARTMENT TOTAL *" *** TOTAL EXPENDITURES*** OTHER FINANCING SOURCES (USES) TOTAL OTHER FINANCING SOURCES (USES) *** END OF REPORT *H Ci TY OF SANGER FINANCIAL STATEMENT AS OF: OCTOBER 31ST, 2004 Y-T-0 ~ OF CURRENT BUDGET CURRENT PERIOD ACTUAL BUDGET 100.00 0.00 0.00 0.00 200.00 0.00 0.00 0.00 500,00 0.00 0.00 0,00 E.'50. 00 0.00 0.00 0.00 200.00 0.00 0.00 0.00 1,250.00 0.00 0.00 0.00 100.00 0.00 0.00 0.00 1,200.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 i, 3"00. 00 0.00 0.00 0.00 1601 9"'.;0. 00 0.00 0.00 0.00 160,950.00 0.00 0.00 0.00 163,500.00 0.00 0.00 0.00 ---------- 163,500.00 0.00 0.00 0.00 ---- 0.00 0.00 0.00 0.00 ------ - Y-T-D ENCUMB. 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -------------- PAGE: 3 BUDGET BALANCE 100.00 200.00 500.00 250.00 200.00 1,250.00 100.00 1,200.00 0.00 1,300.00 1601950.00 160,950.00 163,500.00 163,500.00 0.00