05/03/2011-4A-Minutes-RegularMINUTES: 4A
SANGER TEXAS INDUSTRIAL DEVELOPMENT CORPORATION
May 3, 2011
MEMBERS
PRESENT: Vickie Jenkins, Don Gillum, Fred Yeatts and John Jacobs
MEMBERS
ABSENT: Carroll McNeill
OTHERS
PRESENT: Mike Brice City Manager, Tami Taber City Secretary
1. Call Meeting to Order.
Vickie Jenkins called meeting to order at 1:05 p.m.
2. Approval of Minutes: January 6, 2011
Don Gillum made a motion to approve minutes. Seconded by Fred Yeatts. Motion
carried unanimously.
3. Consider and Discuss Status of Lease With C&M Steel.
City Manager updated new member, John Jacobs, on C&M Steel. The building is
currently being marketed for new occupancy. There is one prospect interested in
purchasing the building rather than leasing.
4. Consider and Discuss Payment of Lien Filed by Danny Cockburn Electric, Inc., and
Authorize City Manager to Negotiate Settlement.
Fred Yeatts made a motion to pay lien in the amount of $30,000. Seconded by Don
Gillum. Motion carried unanimously.
5. Review Financials.
City Manager advised that revenues are still up.
6. Adjourn.
Meeting was adjourned at 1:30 p.m.