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03/26/2013-4B-Agenda Packet-RegularAGENDA · 4B SANGER, TEXAS DEVELOPMENT CORPORATION TUESDAY, MARCH 26, 2013 6:00 P.M. 502ELM 1. Call Meeting to Order. 2. Approve Minutes: November 5, 2012 3. Approve Budget Amendment #1 for $18,250.00 to pay for the Parks Master Plan · Originally Approved in July 2011. 4. Consider and Discuss Refurbishing Presbyterian Church Public/Private Partnership. 5. Consider, Discuss and Possibly Approve Ongoing Financing for the Splash Park and Switzer Park Improvements. 6. Consider, Discuss and Possibly Approve Providing Approximately $4,500.00 for Reconstruction of a Brick Sidewalk in the Downtown Park. 7. Review Financials. 8. 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 gen~. ublic at all times, and said notice was posted on the following date and time: • ~Ai_, dZ,,/ . :;JL)/ 3 at J?:..,, O O ~ni. and shall remain posted until meeting is ~~j'(lll!,ifliied/. · ,,\ 0l-~ 'I • ,,,,. " ~ '°"-/1./! I ~.:/, ~ .... ~ • ••• •• ,..J.~ •·,.•~ $ !::-~·... . ... \.:_'<>''-::. $CJ.· l • •• ·<}:·:. ~ ~ I { ---)-.>-~~ \ I t _T_a_m_i_T:=:..a=b=-e-'-r-"-, -C=--ity_S_e_c_r_;;e=ta=ry_.__ ___ % \. / ~ ./ J City of Sanger, Texas ~ ··.. ./ § ..... ., r········ "" ✓✓✓,,, EX A. S \,,,,, 111 I/ I II I 111 I 11\\\\\ 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: CITY COUNCIL SPECIAL CALLED JOINT MEETING WITH 4B DEVELOPMENT CORPORATION AND PARK BOARD November 5, 2012 PRESENT: Mayor Thomas Muir, Councilman Billy Ezell, Councilman Russell Martin, Councilman Gary Bilyeu, Councilman· Scott Stephens and Councilman Rusty Patton Park Board: Lee Allison and Carrie Bilyeu -(No quorum) 4B: Jeff Springer, Beverly Branch, John Payne, Beverly Howard, Will Dutton, Barbara Martin and Christy Crutsinger ABSENT: Park Board: Joshua Schumate, Mendy Echols and Tom Swartz OTHERS PRESENT: Mike Brice City Manager, Tami Taber City Secretary and Dennis Sims of Dunkin Sims and Stoff els 1. Call Meeting to Order. Mayor Muir called the City Co~mcil joint meeting to order at 6:00 p.m. 2. Consider, Discuss and Possibly Approve the Future Parks Concept Plan. _ City Council 4B Park Board Mr. Sims gave a Power Point presentation of Switzer Park that would cost approximately $520,000, a seven acre park off of Willow Street that would cost approximately $380,000, a new park East of 1-35 that would cost approximately $2,830,000 and Railroad Street Park at approximately $387,500. There was a brief discussion on making a few changes to the current plans. Mr. Sims will get those revisions made and present them to Council, 4B and the Park Board in the near future. No action taken. 3. . Adjourn. Mayor Muir adjourned the work session at 7:00 p.m. 4B Economic Development Board Executive Agenda Briefing March 40, 2013 Budget Amendment: In July 2011 the board authorized hiring Dennis Simms to develop a comprehensive parks plan. The cost of the plan was set at $36,500.00. $18,250.00 was paid in last year's budget with the balance being paid from this year's budget. Therefore, we need to adjust the budget to reflect this payment. Presbyterian Church Refurbishing: We were recently approached by the Denton County Historical Society about moving the Presbyterian Church to their historical park in Denton. The Mayor and I feel that before we agree to move it, the community needs one more shot at refurbishing it here. He has asked the Sanger Historical Society to take the lead in raising private funds to refurbish the building. We are asking the board to match those funds up to an amount to be determined by the Board. The only conceivable way to fund this project is with a mixture of public and private money. If sufficient funds cannot be raised, then giving the building to the county is probably the best option. Splash Park and Switzer Park Improvements: The City plans on issuing bonds for several projects this summer. We would like to include $520,000.00 for construction of the Splash Park and replacement of the walking trail at Switzer Park. We are selling the bonds now to take advantage of an excellent interest rate at around 2.3%. We are asking 4B to pledge funds annually to cover the portion of the bond payment as they did with the sports park. 46's portion would be around $32,750.00 annually. Right now 4B has about $70,000 in revenue each year that is uncommitted. This will commit all your revenue but about $37,000.00 annually. The good news is your revenues continue to grow and you have a healthy fund balance. The other option is to wait until you have sufficient revenues to pay for the project outright. This will delay the project for several years. Downtown Park Sidewalk: The memorial brick sidewalk in the downtown park has deteriorated to the point it needs to be extensively repaired. We have received estimates placing the cost at around 4,500.00. Repairs will include using the existing brick and installing concrete curbs along the edges to Keep the bricks in place. No funds are currently budgeted for this project and staff is requesting 4B fund this project using current fund balance. N 3 d co N M N LO Co O CD O CO Co O co O N N CO d In N CN O WI CA 0) Cfl D M 0) O Cl f f O CO CD co L LO 0) OOOORIL o) A o) GO fl N Mm LO r' C) O O j CD j O O O O O lM 7 IQ III N N N N N N N N N N N N N N M o 0) P.' AM m N Aa 699, GI off 0 o V o o o 0 0 0 00 011111, 0 0 0 0a o a 0 0 0 o. 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