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07/12/2016-4A-Minutes-Regular MINUTES: 4A Sanger Industrial Development Corporation July 12, 2016 MEMBERS PRESENT: Fred Yeats, John Jacobs, Elizabeth Springer, and Don Gillum MEMBERS ABSENT: Casey Barclay OTHERS PRESENT: Director of Economic and Community Development Alina Ciocan, Administrative Assistant Jennifer Shumate 1. Call Meeting to Order. Meeting called to order at 1:00PM. 2. Approve Minutes: May 11, 2016 Minutes approved unanimously after a motion to approve by Fred Yeats and a second by Elizabeth Springer. 3. Consider, Discuss and Possibly Approve the Fiscal Year 2016/2017 Budget. Fiscal Year 2016/2017 Budget approved unanimously with a motion by Elizabeth Springer and a second by Fred Yeats. 4. Update on Projects: a) Sanger Presbyterian Church Renovation Mrs. Ciocan advised that the Sanger Presbyterian Church is at 65% complete with four weeks expected to be the final. b) Other Updates The Economic Development Department absorbed the Development Services Department and is now the Economic and Community Development Department. This new department will now be staying at the 201 Bolivar office with Public Works moving to 301 Bolivar. So the previous approval of expenditure of funds is null. Sale of Bolivar building was also discussed as well as putting a time limit on sale at next meeting. 5. Review Financials. No comments. 6. Citizen Comments. No comments. 7. Meeting Adjourned.