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08/29/2023-4B-Agenda Packet-Regular4B DEVELOPMENT CORPORATION MEETING AGENDA AUGUST 29, 2023, 6:00 PM 4B DEVELOPMENT CORPORATION REGULAR MEETING DEVELOPMENT SERVICES BUILDING - 201 BOLIVAR STREET, SANGER, TEXAS 76266 CALL THE REGULAR MEETING TO ORDER AND ESTABLISH A QUORUM INVOCATION AND PLEDGE CITIZENS COMMENTS This is an opportunity for citizens to address the Corporation on any matter. Comments related to public hearings will be heard when the specific hearing begins. Citizens are allowed 3 minutes to speak. Each speaker must complete the Speaker’s Form and include the topic(s) to be presented. Citizens who wish to address the Corporation with regard to matters on the agenda will be received at the time the item is considered. The Corporation is not allowed to converse, deliberate or take action on any matter presented during citizen input. CONSENT AGENDA All items on the Consent Agenda will be acted upon by one vote without being discussed separately unless requested by a Board member to remove the item(s) for additional discussion. Any items removed from the Consent Agenda will be taken up for individual consideration. 1. Consideration and possible action on 4B minutes from 7/25/2023. ACTION ITEMS 2. Consideration and possible action on Property Enhancement Incentive application for 1406 W. Chapman. REPORTS 3. Financial Reports. 4. Director’s Report. FUTURE AGENDA ITEMS The purpose of this item is to allow the President and Board members to bring forward items they wish to discuss at a future meeting, A Board member may inquire about a subject for which notice has not been given. A statement of specific factual information or the recitation of existing policy may be given. Any deliberation shall be limited to a proposal to place the subject 1 on an agenda for a subsequent meeting. Items may be placed on a future meeting agenda with a consensus of the Corporation or at the call of the President. ADJOURN NOTE: The Corporation reserves the right to adjourn into Executive Session as authorized by Texas Government Code, Section 551.001, et seq. (The Texas Open Meetings Act) on any item on its open meeting agenda in accordance with the Texas Open Meetings Act, including, without limitation Sections 551.071-551.087 of the Texas Open Meetings Act. CERTIFICATION I certify that a copy of this meeting notice was posted on the bulletin board at City Hall that is readily accessible to the general public at all times and was posted on the City of Sanger website on August 23, at 5:00 PM. Stefani Dodson Stefani Dodson, Secretary The Historical Church is wheelchair accessible. Request for additional accommodations or sign interpretation or other special assistance for disabled attendees must be requested 48 hours prior to the meeting by contacting the City Secretary’s Office at 940.458.7930. 2 4B DEVELOPMENT CORPORATION COMMUNICATION DATE: August 29, 2023 FROM: Shani Bradshaw, Director of Economic Development AGENDA ITEM: Consideration and possible action on 4B minutes from 7/25/2023 SUMMARY:  4B Board Minutes from 7/25/2023 FISCAL INFORMATION: Budgeted: NA Amount: NA GL Account: NA RECOMMENDED MOTION OR ACTION: Staff recommends approval. ATTACHMENTS: 4B Minutes from 07/25/2023. 3 Item 1. 4B DEVELOPMENT CORPORATION MEETING MINUTES JULY 25, 2023, 6:00 PM 4B DEVELOPMENT CORPORATION REGULAR MEETING DEVELOPMENT SERVICES BUILDING - 201 BOLIVAR STREET, SANGER, TEXAS 76266 CALL THE REGULAR MEETING TO ORDER AND ESTABLISH A QUORUM As there was a quorum John Payne called the meeting to order at 6:01 p.m. BOARD MEMBERS PRESENT Board Member, Place 2 John Payne Board Member, Place 3 Matt Fuller Board Member, Place 5 Jeff Springer Board Member, Place 6 Eddie Piercy Board Member, Place 4 Beverly Howard Board Member, Place 7 Carrie Bilyeu BOARD MEMBERS ABSENT Board Member, Place 1 Guy Saenz STAFF MEMBERS PRESENT: Director of Economic Development Shani Bradshaw, and Secretary Stefani Dodson CITIZENS COMMENTS No citizens came forward to speak. CONSENT AGENDA 1. Consideration and possible action on 4B minutes from 5/30/2023. Board Member Springer makes a motion to approve the consent agenda as shown. Board Member Bilyeu seconded the motion. Voting Yea: Board Member Payne, Board Member Fuller, Board Member Piercy, Board Member Howard. Motion passes unanimously. 4 Item 1. ACTION ITEMS 2. Consideration and possible action on the 4B Sanger Development Corporation FY 2023- 2024 Budget. Director Bradshaw goes over a couple of changes that were made to the budget. Board Member Piercy makes a motion to wait on the hiring of a Retail recruitment company and would like to take the $30,000.00 from professional services, to reallocate $10,000.00 to the following items, Property Enhancement, New Downtown Park, and the Miracle Field. Board Member Fuller seconded the motion. Voting Yea: Board Member Payne, Board Member Howard, Board Member Bilyeu, Board Member Springer. Motion passes unanimously. 3. Consideration and possible action on Property Enhancement Incentive application for 315 N 5th Street. Board Member Bilyeu makes a motion to approve the $3040.00 for the property enhancement grant. Board Member Springer seconded the motion. Voting Yea: Board Member Payne, Board Member Fuller, Board Member Piercy, Board Member Howard. Motion passes unanimously. 4. Consideration and possible action on amending the Property Enhancement Incentive application for 1108-1114 Stemmons. Board Member Springer recused himself from hearing the case and voting. Board Member Payne makes a motion to approve the extension for 1108-1114 Stemmons. Board Member Howard seconded the motion. Voting Yea: Board Member Bilyeu, Board Member Fuller, Board Member Piercy, Motion passes unanimously. 5. Consideration and possible action on amending the Property Enhancement Incentive application for 1106 Stemmons. Board Member Springer recused himself from hearing the case and voting. Board Member Payne makes a motion to approve the extension for 1106 Stemmons. Board Member Howard seconded the motion. Voting Yea: Board Member Bilyeu, Board Member Fuller, Board Member Piercy, Motion passes unanimously. 5 Item 1. 6. Consideration and possible action on electing officers for the Sanger Development Corporation. Board Member Springer nominated Board Member Payne to be the President. Board Member Payne nominated Board Member Springer to be the Vice President. Board Member Bilyeu makes a motion to approve the nominations. Board Member Howard seconded the motion. Voting Yea: Board Member Payne, Board Member Fuller, Board Member Piercy, Board Member Springer. Motion passes unanimously. REPORTS 7. Financial Reports Director Bradshaw goes over the financial report. 8. Future Sports Complex and Miracle League Field Update. Director Bradshaw goes over the Future Sports Complex and Miracle League Field Update. FUTURE AGENDA ITEMS No future items were discussed. ADJOURN As there were no further items on the agenda John Payne adjourned the meeting at 6:38 p.m. 6 Item 1. 4B DEVELOPMENT CORPORATION COMMUNICATION DATE: August 29, 2023 FROM: Shani Bradshaw, Director of Economic Development AGENDA ITEM: Consideration and possible action on Property Enhancement Incentive application for 1406 W. Chapman SUMMARY:  Applicant is replacing the faces on both sides of their original sign that is on the north side of the property, updating current landscaping and sprinkler system, and adding new landscaping where the property meets the FM 455 construction.  Applicant has provided 2 quotes for the sign and 2 quotes for the landscape.  Grant request amount is $9,445.20.  Funding is available. FISCAL INFORMATION: Budgeted: Yes Amount: $50,000 GL Account: NA RECOMMENDED MOTION OR ACTION: Staff recommends approval. ATTACHMENTS:  Property Enhancement Incentive Program Application – 1406 W. Chapman 7 Item 2. 8 Item 2. 9 Item 2. 10 Item 2. 11 Item 2. 12 Item 2. 13 Item 2. 14 Item 2. 15 Item 2. 16 Item 2. 17 Item 2. Page 1 of 3 Client Initials ________________ Swafford's Landscape 509 Kiowa Dr. East Gainesville, TX 76240 Phone: (940) 580-0126 mark@swaffordslandscape.com Friday, August 18, 2023 Estimate# E5237 Chicken Express Sanger Sanger Texas, TX (940) 902-9591 grandpatank@hotmail.com Landscape and Sprinkler Proposal Sprinkler Sleeving is not included with this proposal. Additional cost to install sleeves. Plants Plants Qty Name Size 4 Texas Sage compacta 3/5 gal 7 Color Guard Yellow Soft Leaf Yucca 5 gal 9 Pink Muhly Grass 3 gal Materials Qty Name 0.5 Yard Compost Plant Mix Plants Total: $1,588.02 Bermuda Sod Materials Qty Name 4000 FT² Bermuda Sod (Trinity Turf) 18 Item 2. Page 2 of 3 Client Initials ________________ Bermuda Sod Total: $3,590.38 Bender Board Edging Materials Qty Name 39 Metal Edging Stakes 143 FT 4" Bender Board Edging Bender Board Edging Total: $844.63 5/8" Granite Rock Bed Materials Qty Name 9 Yard Granite Rock 76 Pins 6" Flat Soil Staples 836 FT Heavy duty weed barrier 6ft. long 5/8" Granite Rock Bed Total: $4,310.99 Boulders Materials Qty Name 5 Large Boulders 4 ft. to 5 ft. Boulders Total: $2,129.90 Sprinkler System Materials Qty Name 1 Sprinkler Materials Sprinkler System Total: $7,629.13 Subtotal: $20,093.05 Sang (8.25%): $1,303.13 Grand Total: $21,396.18 Sales Person: Date: 19 Item 2. Page 3 of 3 Client Initials ________________ Mark Swafford I/we Tank Nelson agree to the following contract. Client Signature: Date: This proposal is valid until Sunday, September 17, 2023. Payment Terms: Due Upon Receipt 20 Item 2. 21 Item 2. 22 Item 2. 23 Item 2. 24 Item 2. 25 Item 2. 26 Item 2. 27 Item 2. 4B DEVELOPMENT CORPORATION COMMUNICATION DATE: August 29, 2023 FROM: Shani Bradshaw, Director of Economic Development AGENDA ITEM: Financial Reports SUMMARY:  Financial Reports for the period ending June 30, 2023.  Revenues and expenditures reflect activity from October 1, 2022 through June 30, 2023.  Sales Tax Collections for July 2023. FISCAL INFORMATION: Budgeted: NA Amount: NA GL Account: NA RECOMMENDED MOTION OR ACTION: NA ATTACHMENTS: Monthly Financial Report – June 2023 Revenue Expense Report – June 2023 Sales Tax Report – July 2023 28 Item 3. 8-18-2023 09:23 AM CITY OF SANGER PAGE: 1 REVENUE & EXPENSE REPORT (UNAUDITED) AS OF: JUNE 30TH, 2023 42 -4B CORPORATION FINANCIAL SUMMARY % OF YEAR COMPLETED: 75.00 CURRENT CURRENT YEAR TO DATE TOTAL BUDGET % YTD BUDGET PERIOD ACTUAL ENCUMBERED BALANCE BUDGET ____________________________________________________________________________________________________________________________ REVENUE SUMMARY TAXES 800,000 60,186.38 567,966.57 0.00 232,033.43 71.00 INTEREST 30,000 3,206.50 27,326.05 0.00 2,673.95 91.09 TOTAL REVENUES 830,000 63,392.88 595,292.62 0.00 234,707.38 71.72 EXPENDITURE SUMMARY 74-TRANSFERS 227,500 0.00 227,500.00 0.00 0.00 100.00 76-4B FUND 644,050 19,654.32 357,505.13 68,830.71 217,714.16 66.20 ____________________________________________________________________________________________________________________________ TOTAL EXPENDITURES 871,550 19,654.32 585,005.13 68,830.71 217,714.16 75.02 REVENUE OVER/(UNDER) EXPENDITURES ( 41,550) 43,738.56 10,287.49 ( 68,830.71) 16,993.22 140.90 29 Item 3. 8-18-2023 09:23 AM CITY OF SANGER PAGE: 2 REVENUE & EXPENSE REPORT (UNAUDITED) AS OF: JUNE 30TH, 2023 42 -4B CORPORATION FINANCIAL SUMMARY % OF YEAR COMPLETED: 75.00 CURRENT CURRENT YEAR TO DATE TOTAL BUDGET % YTD REVENUES BUDGET PERIOD ACTUAL ENCUMBERED BALANCE BUDGET ____________________________________________________________________________________________________________________________ TAXES 00-4325 STATE SALES TAX 800,000 60,186.38 567,966.57 0.00 232,033.43 71.00 TOTAL TAXES 800,000 60,186.38 567,966.57 0.00 232,033.43 71.00 INTEREST 00-4800 INTEREST INCOME 30,000 3,206.50 27,326.05 0.00 2,673.95 91.09 TOTAL INTEREST 30,000 3,206.50 27,326.05 0.00 2,673.95 91.09 ____________________________________________________________________________________________________________________________ TOTAL REVENUE 830,000 63,392.88 595,292.62 0.00 234,707.38 71.72 ============ ============== ============== ============== ============== ======= 30 Item 3. 8-18-2023 09:23 AM CITY OF SANGER PAGE: 3 REVENUE & EXPENSE REPORT (UNAUDITED) AS OF: JUNE 30TH, 2023 42 -4B CORPORATION 74-TRANSFERS % OF YEAR COMPLETED: 75.00 CURRENT CURRENT YEAR TO DATE TOTAL BUDGET % YTD DEPARTMENTAL EXPENDITURES BUDGET PERIOD ACTUAL ENCUMBERED BALANCE BUDGET ____________________________________________________________________________________________________________________________ 74-TRANSFERS 74-7403 TRANSFER TO DSF 212,500 0.00 212,500.00 0.00 0.00 100.00 74-7499 TRANSFER TO ISF 15,000 0.00 15,000.00 0.00 0.00 100.00 TOTAL 74-TRANSFERS 227,500 0.00 227,500.00 0.00 0.00 100.00 ____________________________________________________________________________________________________________________________ TOTAL 74-TRANSFERS 227,500 0.00 227,500.00 0.00 0.00 100.00 31 Item 3. 8-18-2023 09:23 AM CITY OF SANGER PAGE: 4 REVENUE & EXPENSE REPORT (UNAUDITED) AS OF: JUNE 30TH, 2023 42 -4B CORPORATION 76-4B FUND % OF YEAR COMPLETED: 75.00 CURRENT CURRENT YEAR TO DATE TOTAL BUDGET % YTD DEPARTMENTAL EXPENDITURES BUDGET PERIOD ACTUAL ENCUMBERED BALANCE BUDGET ____________________________________________________________________________________________________________________________ 51-SALARIES AND BENEFITS 76-5110 REGULAR SALARIES 43,050 4,869.99 32,466.60 0.00 10,583.40 75.42 76-5125 LONGEVITY PAY 350 0.00 306.00 0.00 44.00 87.43 76-5128 AUTO ALLOWANCE 3,000 250.00 2,250.00 0.00 750.00 75.00 76-5129 CELL PHONE ALLOWANCE 300 25.00 225.00 0.00 75.00 75.00 76-5130 FICA 3,600 390.16 2,663.97 0.00 936.03 74.00 76-5140 RETIREMENT 5,600 672.08 4,053.42 0.00 1,546.58 72.38 76-5150 HEALTH INSURANCE 4,200 353.72 3,185.07 0.00 1,014.93 75.84 76-5160 WORKER'S COMPENSATION 250 ( 25.75) 123.41 0.00 126.59 49.36 76-5170 T W C 150 25.75 25.75 0.00 124.25 17.17 TOTAL 51-SALARIES AND BENEFITS 60,500 6,560.95 45,299.22 0.00 15,200.78 74.87 52-SUPPLIES AND MATERIALS 76-5210 OFFICE SUPPLIES 500 0.00 248.66 0.00 251.34 49.73 76-5213 COMPUTER HARDWARE 1,500 0.00 764.85 902.31 ( 167.16) 111.14 76-5214 COMPUTER SOFTWARE 3,500 0.00 2,000.00 ( 2,000.00) 3,500.00 0.00 76-5215 FOOD 200 0.00 0.00 0.00 200.00 0.00 76-5220 POSTAGE 50 6.30 6.30 0.00 43.70 12.60 76-5226 MARKETING & PROMOTION 20,000 1,652.60 13,987.03 ( 2,453.11) 8,466.08 57.67 76-5235 DUES & SUBSCRIPTIONS 8,000 227.50 4,890.68 1,500.00 1,609.32 79.88 76-5240 CONFERENCES & TRAINING 5,000 700.00 1,655.01 0.00 3,344.99 33.10 TOTAL 52-SUPPLIES AND MATERIALS 38,750 2,586.40 23,552.53 ( 2,050.80) 17,248.27 55.49 53-MAINTENANCE AND OPERAT 76-5332 OFFICE MACHINE LEASE 800 71.23 574.84 0.00 225.16 71.86 TOTAL 53-MAINTENANCE AND OPERAT 800 71.23 574.84 0.00 225.16 71.86 54-CONTRACT SERVICES 76-5425 LEGAL SERVICES 1,000 0.00 0.00 0.00 1,000.00 0.00 76-5430 PROFESSIONAL SERVICES 13,000 25.00 5,088.33 ( 3,350.00) 11,261.67 13.37 76-5450 TECHNICAL SUPPORT 1,000 0.00 0.00 0.00 1,000.00 0.00 76-5452 WEBSITE 0 0.00 6,080.00 ( 5,972.37)( 107.63) 0.00 TOTAL 54-CONTRACT SERVICES 15,000 25.00 11,168.33 ( 9,322.37) 13,154.04 12.31 56-GRANT EXPENSES 76-5603 PROPERTY ENHANCEMENTS IN 50,000 0.00 0.00 0.00 50,000.00 0.00 TOTAL 56-GRANT EXPENSES 50,000 0.00 0.00 0.00 50,000.00 0.00 61-CAPITAL OUTLAY 76-6116 PORTER PARK UPDATES 349,000 10,410.74 276,910.21 80,203.88 ( 8,114.09) 102.32 76-6117 NEW DOWNTOWN PARK 65,000 0.00 0.00 0.00 65,000.00 0.00 76-6118 MIRACLE FIELD AT PORTER 65,000 0.00 0.00 0.00 65,000.00 0.00 TOTAL 61-CAPITAL OUTLAY 479,000 10,410.74 276,910.21 80,203.88 121,885.91 74.55 32 Item 3. 8-18-2023 09:23 AM CITY OF SANGER PAGE: 5 REVENUE & EXPENSE REPORT (UNAUDITED) AS OF: JUNE 30TH, 2023 42 -4B CORPORATION 76-4B FUND % OF YEAR COMPLETED: 75.00 CURRENT CURRENT YEAR TO DATE TOTAL BUDGET % YTD DEPARTMENTAL EXPENDITURES BUDGET PERIOD ACTUAL ENCUMBERED BALANCE BUDGET ____________________________________________________________________________________________________________________________ 74-TRANSFER S ____________ ______________ ______________ ______________ ______________ _______ ____________________________________________________________________________________________________________________________ TOTAL 76-4B FUND 644,050 19,654.32 357,505.13 68,830.71 217,714.16 66.20 TOTAL EXPENDITURES 871,550 19,654.32 585,005.13 68,830.71 217,714.16 75.02 ============ ============== ============== ============== ============== ======= REVENUE OVER/(UNDER) EXPENDITURES ( 41,550) 43,738.56 10,287.49 ( 68,830.71) 16,993.22 140.90 33 Item 3. 8-18-2023 09:25 AM CITY OF SANGER PAGE: 1 BALANCE SHEET AS OF: JUNE 30TH, 2023 42 -4B CORPORATION ACCOUNT # ACCOUNT DESCRIPTION BALANCE _____________________________________________________________________________________________ ASSETS ====== 42-00-1000 CLAIM ON CASH 1,865,269.02 42-00-1010 CKG - 4B CASH (2379694) 203,690.01 42-00-1013 CD - 4B #653500 22,272.15 42-00-1014 CD - 4B #659924 21,996.01 42-00-1015 CD - 4B #664243 22,036.84 42-00-1016 CD - 4B #673277 21,990.01 42-00-1017 CD - 4B #686115 22,054.94 42-00-1018 CD - 4B #689521 22,069.14 42-00-1019 CD - 4B #694371 22,139.23 42-00-1020 CD - 4B #697230 22,250.25 42-00-1021 CD - 4B #699934 22,157.29 42-00-1022 CD - 4B #702285 21,951.28 42-00-1023 CD - 4B #706078 21,923.12 42-00-1024 CD - 4B #720097 21,626.29 42-00-1025 CD - 4B #720119 21,628.22 42-00-1153 SALES TAX RECEIVABLE 123,693.13 2,478,746.93 TOTAL ASSETS 2,478,746.93 ============== LIABILITIES =========== 42-00-2000 ACCOUNTS PAYABLE CONTROL 2,603.43 42-00-2002 RETAINAGE PAYABLE 26,688.35 42-00-2403 ACCRUED WAGES PAYABLE 1,623.48 42-00-2409 PREPAID RENTAL INCOME 900.00 42-00-2900 ENCUMBRANCE ( 93,756.19) 42-00-2910 RESERVE FOR ENCUMBRANCE 93,756.19 42-00-2950 DUE TO GENERAL FUND 67,407.54 TOTAL LIABILITIES 99,222.80 EQUITY ====== 42-00-3015 FUND BALANCE - RESTRICTED 2,361,156.64 TOTAL BEGINNING EQUITY 2,361,156.64 TOTAL REVENUE 603,372.62 TOTAL EXPENSES 585,005.13 TOTAL REVENUE OVER/(UNDER) EXPENSES 18,367.49 TOTAL EQUITY & REV. OVER/(UNDER) EXP. 2,379,524.13 TOTAL LIABILITIES, EQUITY & REV.OVER/(UNDER) EXP. 2,478,746.93 ============== 34 Item 3. Percent Budget Actual of Budget Revenue Sales Tax 800,000 567,967 71% Interest Income 30,000 27,326 91% Total Revenue 830,000 595,293 72% Expenditures Salaries and Benefits 60,500 45,299 75% Transfer to Debt Service Fund 227,500 227,500 100% Supplies and Matterials 38,750 23,553 61% Maintenance and Operation 800 575 72% Contract Services 15,000 11,168 74% Grant Expenses 50,000 0% Capital Outlay 479,000 276,910 58% Total Expenditures 871,550 585,005 67% Revenues Over Expenditures (41,550) 10,287 Cash in Bank - Checking 203,690 Certificate of Deposit 286,095 Claim on Cash 1,865,269 Total Cash 2,355,054 June 30, 2023 Fund 4B Sanger Texas Development Corporation 35 Item 3. Economic Development Sales Tax Report Month 2019-2020 Total 2020-2021 Total 2021-2022 Total 2022-2023 Total OCT 41,961 41,961 52,602 52,602 50,303 55,222 65,621 65,621 NOV 42,075 84,036 50,054 102,656 55,222 105,525 61,751 127,372 DEC 44,092 128,128 52,405 155,061 48,145 153,670 72,220 199,591 JAN 27,585 155,713 44,941 200,002 56,155 209,825 61,974 261,565 FEB 70,059 225,772 62,144 262,146 76,753 286,579 71,749 333,314 MAR 40,966 266,738 49,700 311,846 57,471 344,049 52,565 385,879 APR 35,736 302,474 48,180 360,026 44,446 388,495 54,627 440,506 MAY 41,692 344,166 63,691 423,717 64,395 452,890 67,275 507,780 JUN 50,482 394,647 47,099 470,816 65,968 518,858 60,186 567,966 JUL 49,189 443,837 50,290 521,106 56,987 575,845 61,729 629,695 AUG 47,386 491,222 62,523 583,629 68,209 644,054 SEP 42,073 553,295 52,474 636,104 51,911 695,965 TOTAL 533,295 533,295 636,104 636,104 695,965 695,965 629,695 BUDGET 385,000 148,295 462,500 173,604 600,000 95,965 800,000 (800,000) Actual Actual %Actual Actual % 2022 2023 Change 2022 2023 Change $ 56,987 $ 61,729 8%$ 575,845 $ 629,695 9% July Year To Date 533,295 636,104 695,965 629,695 0 100,000 200,000 300,000 400,000 500,000 600,000 700,000 800,000 2019-2020 2020-2021 2021-2022 2022-2023 SALES TAX REVENUE 2019-2023 36 Item 3. 4B DEVELOPMENT CORPORATION COMMUNICATION DATE: August 29, 2023 FROM: Shani Bradshaw, Director of Economic Development AGENDA ITEM: Director’s Report SUMMARY:  Miracle League Field Project o Staff met with Jeff Fisher, Executive Director on Tuesday, August 22, 2023, to discuss the project. o Ryan Nolting, Parks Director has submitted an application for membership to The Miracle League. o Staff is waiting on a package that will provide field layout, design, and basic details that will be helpful as we move forward with the project. o An RFQ for Design Services will more than likely be presented to City Council in October.  Downtown Park Project o On Monday, August 21, 2023, the City Council approved an RFP for Conceptual Renderings for the Downtown Park. o A Public Hearing by the 4B will be held on Tuesday, September 26th for Conceptual Renderings not to exceed $75,000. The meeting will be held at the Historic Church.  Other Economic Development Updates FISCAL INFORMATION: Budgeted: NA Amount: NA GL Account: NA RECOMMENDED MOTION OR ACTION: NA ATTACHMENTS: 37 Item 4.