08/30/2016-4A-Minutes-Regular
MINUTES: 4A Sanger Industrial Development Corporation
August 30, 2016
MEMBERS
PRESENT: Fred Yeats, John Jacobs, Casey Barclay, and Don Gillum
MEMBERS
ABSENT: Elizabeth Springer
OTHERS
PRESENT: Director of Economic and Community Development Alina Ciocan, Administrative Assistant Jennifer
Shumate, Graham Chenault, Louis Chenault
1. Call Meeting to Order.
Meeting called to order at 1:00PM.
2. Approve Minutes: July 12, 2016
Minutes approved unanimously after a motion to approve by John Jacobs and a second by Fred Yeats.
3. Discuss and Possibly Take Action on the Status of the Purchase and Sale Agreement Between the Sanger
Industrial Development Corporation and Hollingsworth Manufacturing Company Regarding 103 and 125
Bolivar Street.
After a few clarifications regarding the contract a motion carried unanimously to offer a forty five (45) day
extension from the meeting date of August 30, 2016 to finalize the contract otherwise the City of Sanger is open
to entertain other offers regarding the building. The motion was presented by Casey Barclay with a second by
Fred Yeats.
4. Update on Project – Sanger Presbyterian Church Renovation.
Ms. Ciocan advised that a final walk through is scheduled for Thursday, September 1, 2016 at 1:00PM. The City
is working with the Historical Society on a grand opening and the Board will be invited.
5. Review Financials.
No comments.
6. Citizen Comments.
No comments.
7. Meeting Adjourned.