03/28/2023-4B-Minutes-Regular4B Corporation Minutes 03-28-23
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4B DEVELOPMENT CORPORATION
MEETING MINUTES
MARCH 28, 2023, 6:00 PM
4B DEVELOPMENT CORPORATION REGULAR MEETING
HISTORIC CHURCH BUILDING - 403 N 7TH STREET, SANGER, TEXAS
CALL THE REGULAR MEETING TO ORDER AND ESTABLISH A QUORUM
As there was a quorum John Payne called the meeting to order at 6:06 p.m.
BOARD MEMBERS PRESENT
Board Member, Place 1 Guy Saenz
Board Member, Place 2 John Payne
Board Member, Place 3 Stephanie Wood
Board Member, Place 5 Jeff Springer
Board Member, Place 6 Eddie Piercy
BOARD MEMBERS ABSENT
Board Member, Place 4 Beverly Howard
Board Member, Place 7 Carrie Bilyeu
STAFF MEMBERS PRESENT:
Director of Economic Development Shani Bradshaw, and Secretary Stefani Dodson
INVOCATION AND PLEDGE
Board Member Payne led the invocation and pledge.
CITIZENS COMMENTS
No citizens came forward to speak.
REPORTS
1. Miracle League Presentation.
James Grey gave a presentation to the board about what their company does with the
Miracle Fields.
4B Corporation Minutes 03-28-23
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2. Porter Park Update.
Director Bradshaw gives a brief update on the Porter Park renovation.
3. Financial Reports.
Director Bradshaw says there is not much to report and that the sales tax is up by
18%.
CONSENT AGENDA
4. Consideration and possible action on 4B minutes from 2/28/2023
Board Member Piercy makes a motion to approve the consent agenda as shown.
Board Member Saenz seconded the motion.
Voting Yea: Board Member Payne, Board Member Springer, Board Member Wood.
Motion passes unanimously.
ACTION ITEMS
5. Consideration and possible action on Property Enhancement Incentive Program
application for 1008-1114 Stemmons, Sanger, Texas.
Board Member Springer recuses himself from the discussion and vote.
Director Bradshaw gives a brief description of the project. She explains the applicant
is wanting to update the façade on the building.
Board Member Piercy makes a motion to approve a $10,000 grant for 1106
Stemmons. Board Member Saenz seconded the motion.
Voting Yea: Board Member Payne, Board Member Wood. Motion passes unanimously.
FUTURE AGENDA ITEMS
No items were discussed.
ADJOURN
As there were no further items on the agenda Board Member Payne adjourned the meeting at
7:09 p.m.