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07/25/2011-4B-Agenda Packet-Regular4B AGENDA SANGER, TEXAS DEVELOPMENT CORPORATION MONDAY, JULY 25, 2011 6:00 P.M. 502 ELM STREET 1. Call Meeting to Order. 2. Approve Minutes: May 31, 2011 3. Election of Officers. 4. Consider, Discuss and Approve Budget for Fiscal Year 2011/2012. 5. Update on Sports Park. 6. Consider, Discuss and Approve Retaining an Architect for Park Master Planning Services. 7. Review Financials. 8. Adjourn. 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: SANGER TEXAS DEVELOPMENT CORPORATION May 31, 2011 MEMBERS PRESENT: ,ABSENT: OTHERS 'PRESENT: Beverly Howard, Christy Crutsinger, Jeff Springer, Will Dutton, Dutton, Barbara Martin and _John Payne Beverly Branch City Manager Mike Brice, Tami Taber City Secretary 1. Call Meeting to Order. President Payne called meeting to order. 2. Approve Minutes: May 18, 2011 Motion was made by Beverly Howard to approve minutes as presented. Seconded by Barbara Martin. Motion carried unanimously. 3. Consider, Discuss and Possibly Act on Purchase and Method of Financing for the Millar Property and Authorize the City Manager to Complete Purchase. City Manager explained that it will cost $5,000 per acre. The 4B account will also be receiving one to two more sales tax deposits. The total for the purchase would be $265,000 plus closing costs. This item will be taken to the City Council for approval and then a notice published in the paper. After the 60 day waiting period, the purchase can be finalized. Jeff Springer made a motion to approve. Seconded by Christy Crutsinger.· Motion carried unanimously. 4. Adjourn. 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