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05/24/2022-4B-Agenda Packet-RegularBANGER *TEXAS AGENDA 4B ECONOMIC DEVELOPMENT BOARD TUESDAY, MAY 24, 2022 6:00 PM HISTORIC CHURCH BUILDING - 403 NORTH 7TH STREET SANGER, TEXAS 1. Call Meeting to Order, Establish a Quorum (Roll Call), Invocation. 2. CITIZEN INPUT: (Citizens are allowed 3 minutes to speak. The 4B Economic Development Board is unable to respond or discuss any issues brought up during this section) 3. CONSENT AGENDA: a. Approval of Minutes 1. MINUTES FROM 03-22-2022 4. Consider Any Items Removed from Consent Agenda. REGULAR AGENDA 5. PROPERTY ENHANCEMENT GRANT Discuss, consider, and possible action on Property Enhancement Improvement Grant for 302 Bolivar Street. 6. INFORMATION ITEMS: a. PORTER PARK RENOVATIONS UPDATE b. FINANCIAL REPORTS C. DIRECTOR'S REPORT 7. FUTURE AGENDA ITEMS: (The purpose of this item is to allow the Mayor and members of the Board 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 on an agenda for a subsequent meeting. Items may be placed on a future meeting agenda with a consensus of the Board or at the call of the Mayor). 8. ADJOURN. Page 1 I, the undersigned authority, do hereby certify that this Notice of Meeting was posted on the City Website, and on the bulletin board, at the City Hall of the City of Sanger, Texas, a place convenient and readily accessible to the general public at all times. Said notice was posted on the following date and time, and remained posted continuously for at least 72 hours prior to the scheduled time of said meeting and shall remain posted until meeting is adjourned. Kelly Edwards, City Secretary City of Sanger, Texas Date/Time Posted This facility is wheelchair accessible and accessible parking spaces are available. Requests for additional accommodations or interpretive services must be made 48 hours prior to this meeting. Please contact the City Secretary's office at (940) 458-7930 for further information. Page 2 SANGER4B ECONOMIC DEVELOPMENT BOARD AGENDA MEMO *TEXAS AGENDA ITEM NO. A.1. AGENDA MEETING DATE: May 24, 2022 TO: Shani Bradshaw, 4B FROM: Shani Bradshaw, Director of Economic Development ITEM/CAPTION: MINUTES FROM 03-22-2022 AGENDA TYPE: ACTION REQUESTED: Approval BACKGROUND: N/A LEGAL/BOARD COMMISSION RECOMMENDATIONS/CITIZEN NOTICE FEEDBACK: N/A FINANCIAL SUMMARY - FUNDING/FISCAL IMPACT: N/A FUNDS: N/A STAFF RECOMMENDATION/ACTION DESIRED: APPROVE the minutes from 03-22-2022. ATTACHMENTS: Description minutes 03-22-22 Upload Date Type 5/19/2022 Cover Memo Page 3 BANGER *TEXAS MINUTES 4B ECONOMIC DEVELOPMENT BOARD TUESDAY, MARCH 22, 2022 6:00 PM HISTORIC CHURCH BUILDING - 403 NORTH 7TH STREET SANGER, TEXAS BOARD MEMBERS PRESENT: John Payne, Beverly Howard, Eddie Piercy, Stephanie Wood BOARD MEMBERS ABSENT: Jeff Springer, Carrie Bilyeu, William Lester STAFF MEMBERS PRESENT: Director of Economic Development Shani Bradshaw, Secretary Stefani Dodson 1. Call Meeting to Order, Establish a Quorum (Roll Call), Invocation. With there being a quorum John Payne called the meeting to order at 6:00 p.m. John Payne led the invocation and pledge. 2. CITIZEN INPUT: No citizens came forward to speak. 3. CONSENT AGENDA: Eddie Piercy made a motion to accept the consent agenda. Beverly Howard seconded the motion. Motion passes unanimously. a. Approval of Minutes 1. MINUTES FROM 01-25-2022 4. Consider Any Items Removed from Consent Agenda. No items were discussed REGULAR AGENDA 5. PORTER PARK RENOVATONS-PH Conduct a Public Hearing to consider renovations to Porter Park Softball Fields not to exceed $200,000 for the design and construction. Page 4 John Payne opened the public hearing at 6:06 p.m. Director of Economic Development Shani Bradshaw gave an update of the project. She explained that Parkhill did win the bid. John Payne closed the public hearing at 6:08 p.m. 6. PORTER PARK RENOVATIONS Consider renovations to Porter Park Softball Fields not to exceed $200,000 for the design and construction. Beverly Howard made a motion to approve. Eddie Piercy seconded the motion. Motion passes unanimously. 7. INFORMATION ITEMS: a. FINANCIAL REPORTS Director of Economic Development Shani Bradshaw gave an update. b. DIRECTOR'S REPORT Director of Economic Development Shani Bradshaw gave an update. 8. FUTURE AGENDA ITEMS: No items were discussed. 9. ADJOURN. No further items on the agenda John Payne adjourned the meeting at 6:33 pm. Page 5 SANGER4B ECONOMIC DEVELOPMENT BOARD AGENDA MEMO * T E X A S AGENDA ITEM NO.5. AGENDA MEETING DATE: May 24, 2022 TO: Shani Bradshaw, 4B FROM: Shani Bradshaw, Director of Economic Development ITEM/CAPTION: PROPERTY ENHANCEMENT GRANT Discuss, consider, and possible action on Property Enhancement Improvement Grant for 302 Bolivar Street. AGENDA TYPE: Regular ACTION REQUESTED: Approval BACKGROUND: Rebecca Lovell, owner of Bolivar Street Revival & Spirits is seeking a grant to assist with outdoor patio enhancements, which will include electric outlets that will be added to allow them to add lighting, music, and host events. A rear facing sign will also help to attract people to the establishment. LEGAL/BOARD COMMISSION RECOMMENDATIONS/CITIZEN NOTICE FEEDBACK: N/A FINANCIAL SUMMARY - FUNDING/FISCAL IMPACT: N/A FUNDS: N/A STAFF RECOMMENDATION/ACTION DESIRED: NA Page 6 ATTACEAWNTS: Description Property Enhancement Grant - Bolivar Street Revival Upload Date Type 5/19/2022 Cover Memo Page 7 00 Sanger, Texas Application for Property Enhancement Incentives Contact: Shani Bradshaw, Executive Director - (940) 458-2059-sbradshaw@sangertexas.org 1 PROJECT INFORMATION A Property Address: 30 2- Sal x'j a „ 5 }- B Estimated Begin Work Date: S- 6 L L Estimated Completion Date: C Years in business at this location: a D Reason for requesting grant: , ; cl �, {L 4 - a - s+OD� 2 ELIGIBILITY OF PROPERTY Yes No Item Notes A Within the City? • B Commercially zoned? + C Tax Paying entity? • D City taxes in good standing? • E ✓ No City liens existing? • F ✓ Proof of ownership provided? • b , , ti +„ . 1« k G Outstanding code violations? • H Frequency of Grants OK? • In accordance with Section 3-1.8 3 ELIGIBILITY OF BUSINESS Yes No Item Notes A Business taxes in good standing? + B Tax Paying entity? • C Lj Continuous operations of 6 months? + (within the City) D If not owner, authorization provided? • 4 Enhancements Total Cost Policy Max% Policy Max$ Amount Requested Amount Approved A Facade: (Section 4.3) $ 50 % $5,000 $ $ B Interior Renovation: (Section 4.4) $ 50 % $5,000 $ $ C Landscaping: (Section 4.5) s L8 $ 50% $5,000 't��$ $ D Lighting: (Section 4.6) $ 50 % $5,000 $ $ E Parking Driveways: (Section 4.7) • $ 5070 $5,001) $ $ F Pedestrian Amenities: (Section 4.8) $ 50 % $5,000 $ $ G Signna-ge: (Section 4.9) Rear facing sign 1775.53 $ 50 % $1,000 qmtts $ $ H Utilities: (Section 4.1D) E�ctic fior outdoor lighting0� $ 50 0 $S.000 2,546-5 o$ $ Code Compliance: (Section 4.11) $ 50 % $5,000 Demolition: (Section 4.12) $ 50 % $5,000 $ K (Max. Grant Per Policy = $5,000) TOTAL PROPERTY ENHANCEMENT GRANT APPROVED: L Describe any planned Non -Grant Enhancements: Sanger, Texas - Application for Property Enhancement Incentives - 2021-02-01 - Page 1 of �1 5 GRANT PRIORITIES (Section 5.0) Yes No Preferred Area? Notes A Downtown Sanger • 8 Areas where greatest benefit obtained • �, , �. . ti <; a r Yes No Preferred Business? Notes C Retail + D Restaurant • E Professional Office • F Sales tax generating business • 6 ATTACHMENTS / EXHIBITS Yes No I Item Notes A Ownership documentation a d 8 Photos of existing conditions • C Drawing, renderings, plans of the proposed enhancements • D J Written description of the enhancements including building materials and color schemes • F J Construction cost estimates from two contractors • F ,i Copy of the signed lease agreement • If Applicant is not property owner G Written support of the grant application from the owner • If Applicant is not property owner 7 CONTRACTOR INFORMATION A Contractor for: S ti Company Name: V- a S, s Contact Person: IA {- Title: r, t o c c Address: cjz.3 - ri\c 1� 4.. z 0G, a- y� _ + Wk Phone: -1o. 5l3 a a 7-1 Cell: Fax: Email: cam-, ;r a 1L � c s• —ce�+ Website: B Contractor for: ,,_ C- . Company Name.c I c A-� c. Contact Person: S ; 7l. 4 Title: Address: -3S -0 1v,.. Z� . `i`-)e c, Wk Phone- 2, , v S O Cell: Fax: EmaiL�,Y� ssl c��.t-�+, c_►wy Website: C Contractor for: L= Company Name: Contact Person: y�6-G r,Mc Title: Address: WkPhone:`iWo oo. 2-131 Cell: Fax: Email: la heat 31 ct►{ao Website: D Contractorfor: Company Name: Contact Person: Title: Address: Wk Phone: Cell: Fax: Email: Website: Sanger, Texas - Application for Property Enhancement Incentives - 2021-02-01 - Page 2 of 3 Applicant Owner Certifications: In accordance with Resolution 11-14-20 adopting the Property 8 Enhancement Incentives Policy, the undersigned do hereby certify the following: A Section 7.1- ApRlication Accuracy: The information provided in the Application, and all that may have been affixed thereto, is true and correct, and that the City / Board may rely on all of the information therein contained, and all that may have been affixed thereto, as being true and correct. B Section 7.2 - Compliance: I (we) certify that I am (we are) solely responsible for all safety conditions and compliance with all safety regulations, building codes, ordinance and other applicable regulations. Neither approval of an Application nor payment of a Property Enhancement Grant upon completion of the project shall constitute approval of the project by any City department, Board Member or Staff or a waiver by the City of any safety regulation, building code, ordinance or other applicable regulation. C Section 7.3 - Insurance: I (we) certify that I (we) maintain sufficient insurance coverage for property damage and personal injury liability relating to the project. D Section 7.4 - Maintenance: I (we) certify that the Enhancements, once approved by the City shall be maintained for a period of three (3) years from the date of payment. No changes shall be made without prior written approval from the City. E Section 7.5 - Discretionary Rights: I (we) certify that I (we) acknowledge that the City has the absolute right of discretion in deciding whether or not to approve a matching Grant relative to the Application, whether or not such discretion is deemed arbitrary or without basis in fact, including the right to approve or disapprove a Grant on terms and conditions that are contrary to the guidelines of this Policy. F Section 7.6 - Policy Promotion: I (we) authorize the City to use an approved project to promote the merits of this Policy, including but not limited to displaying a sign at the Property or Business during and within thirty (30) days after construction, and using photographs and descriptions of the project in distribution material, press releases, social media and on the City's website. G Section 7.7 - Indemnification: I (we) certify that I am (we are) solely responsible for overseeing the work, and will not seek to hold the City, the Board, and / or their agents, employees, officers, and / or directors liable for any property damage, personal injury, or other loss related in any way to this Policy, and by submission of an Application, agree to indemnify the City, the Board and / or their agents, employees, officers, and / or directors from any claims or damages resulting from the project, including reasonable attorney fees. 9 I (we) hereby affirm the Certifications noted above and approve this Application for Property Enhancement incentives and the Enhancements identified herein. Property Owner Applicant / Business Representative Company: 1- Company: ,,�.� a . sk 120 . , - 1 Signed: Signed: Name: ` v Name: Title: Title: Q W: �. s C: w: C: q040 31- Ir3o r BEM: l4 �,� lL 4✓'� EM:. 1„�ccq JJLILT�C Addr�ss: Address: Sanger, Texas - Application for Property Enhancement Incentives - 2021-02-01 • Page 3 of 3 Springer Family Rentals, LTD. P.O. Box 248 Sanger, Tx. 76266 940 458-7758 To Whom it May Concern: We, Springer Family Rentals, LTD., to approve the building of a deck in the alley behind 302 Bolivar and 304-308 Bolivar in the city of Sanger. The deck is being built by Bolivar Street Revival and Spirits. Thank you, 14 jam--,. Springer Family Rentals, LTD. John Springer 71 —J1_ F C v -��R-k -s�_ y I I �,-.r '� �r;W,' ,,.• 1, r •. _ - - ,�: �� �� - I J Fti ;!} , y. � ��i �.v -I .you f f ^ ' f i I `� f i�. �fi I � i y� i • .� I --I rf �WX •� 1f1 � — t - k �,� ifs ill r J/ � ':�� � � • • V -;/ �" ,r� r , _f , .. I. I Y F. Au ^I1 r _ _ IOSENEC80F IHE MONIN -{ I °„I r-F j. 4. _ r f •'i!"+ sr� fbr- IiS rl -� rl J r• WR r•� �_ yr Fs x k,yI1 s mA1 �.6 ,�% r r -���" '-� yjo n � •A`°tl p`2 � !` � � �-. ,S, IA, J-. �r1Y� )���'�y .i 1 ,�r f' .a i*c�... ,���• � %i _ � .�:� �r�. u�� 1, '�E�. - -'. r-.1�41'` i„_y ���hl�.-� �'•�`-, 'y.� St^ it T' r I l _�_ �• 1- fi-AN r- -f_ � 1_ ��I� IIU'I� I � . ��i�+l r_141 n �r f r J \2 • S q Page 15 Bolivar St. Revival & Spirits May 15, 2022 Letter of Intent To whom it may concern, Bolivar St. Revival & Spirits intends to complete our patio with fencing, appropriate electric work for the space, and a rear facing sign. This patio space will add to the general ambiance of the establishment, give the community a place to congregate, and has the potential to pull tourists from other communities as well. The patio fencing is as much of an aesthetic choice as it is a necessary safety precaution, preventing customers from stepping off the patio by accident and from leaving the premises with alcoholic beverages. Electric outlets will be added to allow us to add lighting, music, and host events. The rear facing sign will help attract people to the establishment and notify customers coming from other cities visiting to eat Babe's that there are in fact other things to do on the Sanger square. We are hoping that these things together, along with tables, chairs, decorations, and more will create a unique patio space that residents of the city of Sanger will love. Thank you, Rebecca Lovell Operating owner thereviva17626 mailxom Retail Lease BASIC TERMS: Date: April 10.2021 Parties: Landlord Springer Family Management, 1.1_C P.O. Box 248 Sanger, TX 76266 (940) 458 — 7758 ;ieft t'sprinTer-k le.com Tenant: AB's Comer, LLC, a Texas limited liability company Attention: Martin Bruno, its Manaaer 1004 Stuart Rd. Denton, TX 76209 m arti nobrunostL vahoo.com Tenant's Trade Name: Bolivar Street Revival & Spirits Premises: Address: 302 Bolivar St. Sanger. TX 76266 Approximate square feet 2?150 Term (months): 36 months and 20 days Commencement Date: April 10. 2021 Termination Date: April 30.2024 Uzi 71 Base Rent (monthly): S 1.500 (Approximately S.67 per square foot) Tenant's Pro Rata Share: 100%, The Landlord represents and warrants that the Premises is assessed for ad valorem taxes as an separate unit and is insured by the Landlord as a separate unit entirely apart fro€n any other real property owned by the Landlord. Security Deposit: None Permitted Use: Pub ,' Tavern 1 Restaurant. and am other uses reasonably associated therewith. Tenant's Rebuilding Qblinations: if the Premises or anx pail of it are damaged by fire, wind, weather, elements, or other casualty loss of any kind. and if Landlord elects to rebuild, Tenant will be responsible for repairing or rebuilding the follo" in4: The Tenant's trade fixtures and any interior alterations constructed Retail Lease, Pace I of 9 -Rent" means Base Rent plus any other amounts of money payable by Tenant to Landlord. "Taxes and Insurance" means all ad valorem taxes assessed against and all casualty or hazard insurance costs incurred by Landlord with respect to the Premises and the Premises only. "Tenant' means Tenant and Its agents. contractors, employees, invitee& licensees_ or visitors. CLAUSES & COVENANTS: A. Tenant agrees to--- 1. Lease the Premises for the entire Tenn beginning on the Commencement Date and ending on the Termination Date. 2. Accept the Premises in their present condition "AS IS,'- the Premises being currently,, suitable for the Permitted Use. 3. Obey (a) all applicable laws and ordinances relating to the use, condition and occupancy of the Premises: (b) any requirements imposed by utility companies serving or insurance companies covering the °D Premises. and (c) any reasonable rules and regulations of the Landlord which are made a part of this Lease and which do not unreasonably- interfere with the Tenant"s Permitted Use_ 4. Pay monthly, in advance. on the first day of the month, the Base Rent and Tenant's Pro Rata Share of Taxes and Insurance to Landlord at Landlord's Address. Landlord and Tenant agree that the monthly charge for Taxes and Insurance will equal 1 / 12 of Tenant's Pro Rata Share of the prior calendar year's ad valorem taxes and insurance on fire Premises. Landlord will notify° Tenant of changes to Taxes and Insurance on or before December 31 of each year. Landlord and Tenant agree that Tenants Pro Rata Share of Taxes and Insurance for 2021 is $238.00 (S7.254 x 1' 12). 5. Pay a late charge of ; percent of any Rent not received by Landlord by the thud day after it is due. 6. Obtain and pay for all utili€v- services used by Tenant and not provided by Landlord. Retail Lease, Pale ? of 9 �'.�11�a« i-indlc�rd tip toter thr 1'r misc tc perform l.�€ndlord'` ��11it3ns.. ins��ect tlse l're€niscs, and ,ha rt the premises to prospecrive pureha.ers or tenanms, so Iong as st€cl€ tji�es not un€c,€sonabl} i€aterferG �4i(li the l'en.ant's Permittedl Ise, S. Etc pair and maintain the extcriot' window glass, plate 9litss and do ots, unless Stich clamtrge is caused by 'thue,tural shift: and the interior of Fire prenzsses: normal near mid tear exceF�te-d. tic pair and maintain and r1:place all heating. N,.entilation. and air-conditioning equipment ( I l�'r1€::" � €rnci other €rrech €nical eels€ipnrent scrvicin�a the Premises in food repair, nonrral ��ear and tear e�rclrted. ltoykcrcr. TenaliCs obliEwaticrns hereunderwill not include repairs. replacement, and, ttlaintr'nttnce vvlticlt are the responsibility of the Landlord. Notwithctanding anvthing, to the contrary set forth in this I once, nimltimw hereunder rccjui€e the 1'c€rant to replace the H�`AC clr€rind? the last t\�elve Illowits 01,illis I_else. g, keep the sidevk�alks. sen�iee wms, alley «ay, yard, vgcttttion and loading arras ad-laccnt 10 the Premises clean, unobstructed and ,Nell maintained. 10. Submit in �Eriting to Landlord a€ry request for repairs, replacement, and maintenance that are the obligations of Landlord. 11. INTENTIONALLY DELFFM 12. Vacate the Premises on the last day of the Term_ unless other\\ ise emended hereunder. 1 . Oil request, etecute an estoppel certificate that states the Commencement Rate and 1'erm ination Date of the lease, identifies any amendments to the lease. describes am rights to extend the. Term or purchase r1olits, lists defaults bN Landlord. and provides anv other info\€rrztic�at reasonabl} requested. !d INDEMNIFY. DL[=LtiD, AND HOLD LANDLORD IIARMI.F.SS F'ROM ANY I WRY (AND AN). RI:4t 1,I i IG OR Ri'.t.A1'M C3 AIM, ,kC110N. I.OSS, t IA131I.M7, 01Z RFASONABLL IAPF.NSF, INCt.UDP,,G ATI-ORNF)1 ") FLFS AND 0FI IF.R FFFS AND COUR 1 AND 0 H IFR COSTS,) OCCUTZRING IN, ANY POR I ION O1 THE P1'E\'11SLs. WHICH IS ('M*SI 1) OR CRr,,TFD BY 'FIIF 1T1NA\1, CFNANF'S EMPLOY'Gi'S. ITNANi'S CONFRACTOR'`;, IIAAM'c t.l[ L \tiF:I:S. AND VFNAN-I, INvF]'1:,1:5. TI il:' 1ND \E ITY C�UNt�A1�Lia i�� MIS i�:�i:�it�I: i.PI I (a) tS 1N1)CPENDEvT or, TFNANF5 INSURANCE. (b) WILI_ N I BI-. t.I'MITED M COMP1ft:1YWE VEC;tI(IF:NCt ST:Vi'UYES ORDAMAGES PAID UNDER Tt11WORKERS' COMi'EM;mIONAC1URtitytn.�t�I:atit..C1Yla13i.Nt-1Ii (c) MLA. SURVIVE TIII; FND OF 'fllt( Tt'Rm FOR A PFRIOD (W £?NI tl�. 1�; 1ND (D) WI_I, NOT Ill-, kFFIA"TIVE OR OPERATIVE, FOR ANY ACTS OR OMIS5t0\s WHICH ARF COVI"RI:i) M l'Ht LAND[ ORD S I`Nt:RANCI:. l �. \laintain the property and./or liability insurance policies required belo%N �r ith one or more insurance carriers ha\ ing a rating of at least "A" and a financial rating of at least - V" A.kl, Hest rating services and such other insurance cov°era��es and�'or h1111 policy Iimits as ma} be reasonably requires! b>� Lienlioldegs). if any, durim,. the Terni and ans period before or after the Terns mien Tenant is present on the Premises: Type of Insurance J Commercial general liabilit-\ (occurrence basis) Minimum Policy Limit Per uccutrcncc: S 1.000,000�_ — Aa{�reC. � ! .000.000 R t 1 fil -i�i 2Z11� Z ' Cl business Property Polic} Replacement cost of (a) all ite€ms included in the R�,;, ��� 36 definition of Tenants furniture, fixtures, equipment. and other business personal property located in the Premises. 16. KFENTIONALLY DELETED. 17. Provide Landlord with a copy of Tenant's insurance policies or cercates of coverage within 1 days tifi of written request by Landlord. B. Tenant agrees not to- 1, Use the Premises for any purpose other than the Permitted Use. ?. Violate any statute. regulation. ordinance or law. 3. Create a nuisance. 4. Interfere with normal business operations of any nearby business or propem or Landlord's management of adjacent and nearby properties in a coimmercially unreasonable manner_ 5_ Permit any waste. 6. Excluding the Tenant's Permitted Use, use the Prernises in any way that would unreasonably increase insurance premiums or void insurance oil the Premises. 7. Change Landlord's lock system without Landlord's prior written consent. If Landlord consents to a change in locking systems, Tenant must provide two keys to Landlord contemporaneously with the chance and insure that Landlord has keys to the Premises at all times. Failure to provide Landlord a key is a material breach of this Lease. S. Alter the Premises without Landlord's prior krritten consent, such consent not to be unreasonable v� ithheld, conditioned or delayed. 9. Allow alien to be placed on the fee interest in the Premises. 10. Assign this lease or sublease any portion of the Premises without Landlord's prior written consent, such consent not to be unreasonably withheld. conditioned or delayed. 11. Attach antennae, satellite dishes. signs, lights. or other objects to the roof or exterior walls of the Premises without Landlord"s prior written consent. Notwithstanding: anytljing to the contrary set forth herein. the Landlord consents to the Tenant's attachment of satellite dishes and equipment necessary to operate the Tenant's point of sale machines and to provide the Premises xv ith television viewing. Tenant agrees to cooperate with Landlord to determine a €mutually acceptable location and mechanism for fixin4- s�►ch equipment to the building. 12. Use the roof of the Shopping Center for any reason without Landlord's prior written consent. Notwithstanding antthi€tg to the contrary set forth herein. the Landlord consents to flit Tenants use of the roof. including- roof penetrations, for the installation of ice machines and \ alk-in coolers. Retail Lease, I'a�3e 4 of 9 E.' C. Landlord agrees to- 1. Lease to Tenant the Premises for the entire Term beginning on the Commencement Date and ending on the Termination Date. 2. Obey all applicable laws with respect to Landlord`s operation of the Premises. 3. Provide Essential Services. 4. Repair, replace, and maintain the (a) roof: (b) foundation, (c) Common Areas (if any), (d) structural soundness of the exterior and bearing walls, and any damage caused by structural sh ifi (e) any other matters expressly made the responsibility of Landlord hereunder, and (f) will replace the HVAC equipment following the expiration of its useful life during the last 12 months of this Lease. 5. Return the Security Deposit_ if any. to Tenant, less itemized deductions, if any, within sixty days after the last day of the Term. 6. Obtain and maintain at Landlord's sole cost and expense (subject to Tenant's reimbursement set forth herein) during the terra of this Lease fire and extended coverage insurance, insuring against all risks and liabilities. ("casualty or hazard insurance") for replacement value of the Premises. Such insurance will be issued by an insurance company with a Best's rating of at least -A-. In addition, Landlord will obtain and maintain at Landlord's sole cost and expense (not subject to Tenant's reimbursement), comprehensive general liability insurance with a minimum per occurrence limit of one million dollars ($1.000.000.00). Such policy or policies will be issued by an insurance company %ith a Best's rating of at least "A". D. Landlord agrees not to — Interfere with Tenant's possession of the Premises except as allowed by law. 2. Unreasonably withhold, condition or delay any required consent hereunder. b E. Landlord and Tenant agree— 1. Alterations. Excludina Tenant's trade fixtures, including but not limited to the televisions, point of sale machines, ice machines, walk-in coolers, kitchen equipment, and furniture, any physical additions or improvements to the Premises made by Tenant will become the propem' of Landlord at the end of the Term and at Tenant's expense, Tenant must remove all fixtures and improvements, including Tenant's trade fixtures, repair any alterations. and restore the Premises to the condition existing at Commencement, broom clean, normal wear excepted. Notwithstanding any provision to the contrary in this lease, all bathroom plumbing and air conditioning. heating and electrical equipment and conduits i,\ ill become the property of Landlord on termination and must remain on the Premises. ^. Abatement. Tenant's covenant to pay Rent and Landlords covenants are independent. Except as otherwise provided herein or by law, Tenant will not be entitled to abate Rent for any reason. 3. Insurance. Tenant and landlord will maintain the respective insurance co�rerages described above in this Lease_ Tenant may maintain the required insurance in the form of a blanket policy covering other locations in addition to the Premises. provided however that the Tenant \� ill provide the I.:andlord with a Retail Lease, Cage 5 of 9 certificate of insurance specifically naming the location of the Premises in the manner of i ise required herein. So Iona as Tenant maintains a net worth adequate to replace the plate glass in the premises, Tenantmay, in lieu of carrying plate glass insurance , self -insure or bear the risk of such items. Each party hereto hereby waives and releases the other from any and all rights of recovery. claim. action or cause of action against each outer. their agents, officers, directors, partners and employees, for any loss or damage that may occur to the Premises. improvements to the building and/or the buildings of which the Premises is a part. y including building or personal propertcontents within such building and/or buildings, by reason of fire or elements of nature regardless of cause or origin including the negligence of Landlord or Tenant and their agents. officers, directors, partners and employees- To preclude the assignment of any claim mentioned herein by way of subrogation or otherwise to any insurance company or any other person, the parties agree immediately to give each insurance company issuing a policy of insurance covering all risks of direct physical loss, written notice of the mutual waiver contained in this paragraph and to have said insurance policies properly endorsed to prevent the invalidation of such insurance coverage by reason of these waivers. Each party shall provide the other annually with evidence that its policies have been so endorsed. 4. CasualtyrTotal or Partial Destruction a. if the Premises are damaged by casualty and can be restored within one -hundred twenty (120) days, Landlord will, at its expense, restore the roof. foundation, Common Areas, and structural soundness of the exterior walls of the Premises and any leasehold improvements within the Premises that are not within Tenant's Rebuilding Obligations to substantially the same condition that existed before the casualty. Tenant will, at its expense, replace any of its damaged furniture, fixtures, and personal property and restore any leasehold improvements that are within Tenant's Rebuilding Obligations. If Landlord fails to complete the portion of the restoration for which Landlord is responsible within one - hundred twenty (I 20) days from the date of written notification by Tenant to Landlord of the casualty. Tenant may terminate this lease by written notice delivered to Landlord before Landlord completes Landlord's restoration obligations. b. If Landlord cannot complete the portion of the restoration for which Landlord is responsible within one hundred twenty (120) days, Landlord has an option to restore the Premises. If Landlord chooses not to restore, this lease will terminate. If Landlord chooses to restore. Landlord will notiA- Tenant in writing of the estimated time to restore and give Tenant an option to terminate this lease by notifying Landlord in writing within ten days from receipt of Landlord's estimate. If Tenant does not notify Landlord timely of Tenant's election to terminate this lease. the lease «ill continue and Landlord will restore the Premises as provided in a. above. c. To the extent the Premises are untenantable after casualty. the Rent „ill be abated as rna% be fair and reasonable. 5. Condemnation/Substantial or Partial Taking a. If the Premises cannot be used for the purposes contemplated by this lease becausr of condemnation or purchase in lieu of condemnation, this lease will terminate. b. Whether or not any portion of the Premises is taken by condemnation or purchase in lieu of condemnation. Landlord and Tenant may elect to terminate this lease if 50 percent or more of the Common Area is taken. Retail Lease, Ild"e 6of,) c_ If there is a condemnation or purchase in lieu of condemnation and this lease is not terminated. Landlord will, at Landlord's expense. restore the Premises. and the Rent pnvable during the unexpired portion of the Term will be abated as may be fair and reasonable. d. Tenant will have no claim to the condemnation award or proceeds in lieu of condemnation. 6. INTENTIONNAt.l_Y DELI TED. Default by Landlord.%Events. Defaults by Landlord are failin;r to comply with any provision of this lease within thirty days after written notice and failing. to provide Essential Services to Tenant within ten days after written notice. 8. Default bv Land I ord"Ten ant's Remedies. Tenant's remedies for landlord's default are to sue for dama4(cs and. if Landlord does not provide an Essential Service for thirty days after default, terminate this lease. 9. Default by Tenant/Events. Defaults by Tenant are (a) failing to pay timely Rent when due and such failure continues for a period of five (5) days after written notice to Tenant of such default, (b) abandoning or vacating a substantial portion of the Premises, and (c) failing to comply within thirty (30) days after written notice with any provision of this lease other than the defaults set forth in (a) and (b) above: provided. however, that if the nature of Tenant's obligation is such that more than thirty (30) days are reasonably required for performance. then Tenant will not be in default if Tenant commences performance within said thirty (30) days and thereafter diligently prosecutes the same to completion. Notwitltstandi€ta the preceding. the Landlord will not be required to provide the Tenant with more than two (2) written notices of its failure to timely pay Rent within anN calendar year occurring during the term of this Lease. 10. Default by Tenant/Landlord's Remedies. Landlord's remedies for Tenant's default are to (a) enter and take possession of the Premises. after which Landlord may relet the Premises on behalf of Tenant and receive the rent directly by reason of the relettin<g, and Tenant agrees to reimburse Landlord for anv expenditures made in order to relet: (b) enter the Premises and perform Tenant's obligations. and (c) terminate this lease by written notice and sue for damages. Landlord may enter and take possession of the Premises by self-help, by picking or changing locks if necessary, and may lock out Tenant or any outer person who may be occupying the Premises, until the default is cured. without being liable for damages. 11. Default/Waiver/Mitigation. It is not a waiver of default if the non -defaulting party fails to declare immediately a default or delays in taking any action_ Pursuit of any remedies set forth in this lease does not preclude pursuit of other remedies in this lease or provided b)applicable law. Landlord and tenant have a duty to mitigate damages. 12. Security Deposit. If Tenant defaults, Landlord may use the Security Deposit_ if any, to pay arrears of Rent, to repair any damage or injury. or to pay any expense or liability incurred by Landlord as a result of the default. 13. Holdover. If Tenant does not vacate the Premises at the end of the Term, this lease \%ill aut0lMt1call\ rene« on a month -to -€-north basis. 14, .rlttor€te)'s Fees. if either party retains an attorney to enforce this lease, the part) prevailing, in any litigation is entitled to recover reasonable attorneys fees and other fees and court and other costs. Retail Lease, Pa�-,e % of 9 15. Venue f Choice of Law. Exclusive venue is in Denton County. Texas. The laws of tite State of Texas govern the construction of this lease. 16. Alternative Dispute Resolution. Landlord and Tenant agree to submit all disputes to non -binding mediation before Denton County Alternative Dispute Resolution Services pto commen rior cing litigation. All disputes that are not resolved in mediation will be decided by binding arbitration before a mutually agreeable arbiter. No depositions or written discovery shall be permitted. if the Parties cannot agree on an arbiter. the Parties agree that one may be appointed by any sitting Texas State District .fudge in Denton County. Texas. 17, Entire Agreement. This lease. together with the attached exhibits and riders. is imthe entirety reef �ontkO the parties, and there are no oral representations.. warranties. a=gr� ements, or pre p lease or to any expressly mentioned exhibits and riders not incorporated ill %\riting in this lease. 18. Amendment of Cease_ Tllis lease may be amended only by an instrument in writing signed by Landlord and Tenant. is Lease 19. LIMITATION OF WARRANTIES. Tenanttakes and reremises AS IS, with air of he }'remiscs.lThere arehno other contains all warranties with respect to the conditionP warranties, express or implied, including but not limited to implied warranties of merchantability, fitness for a particular purpose, or any other hind whatsoever, arising out of this lease. There are no warranties that extend beyond those expressly stated in this lease - ice red lease Notices. Any notice required or permitted under d ctuall lrecei�ed or not) Fl�ee in in depositedng, Any tw with the iUn td this lease will be deemed to be delivered (whether Y States Postal Service, postage prepaid. certified mail. return receipt requested. and addressed to the intended recipient at the address shown in this lease. Notice may also be given by regular mail. personal delivery. which courier delivery, facsimile transmission, or other commercially�heneffeetive wactuall-, recc ved iAny able means- includng eaddr mail ss for is actually received by the intended recipient, and will b notice may be changed by written notice delivered as provided herein. 21. Abandoned Property. Landlord may retain. destroy. or dispose of any property left on the Premises following the Tenant's vacancy of the Premises, vdiether sric11 vacancy is voluntary or through legal process. 27. Temporary Rent Abatement Period. Not-vithstand ing any other rent abatement provision in this Lease. Tenant"s obligation to pay monthly Rent is abated until the first (I') day of May. 2021. 23. First Renewal Option. Tenant may renew this Lease for an additional Term of 60 months by serving Landlord with written notice of Tenant's exercise of this renewal option 45 days or more prior to the end of the Term. Base Rent for the first additional term will be the market rate then existing not to exceed $1.00 per square foot per month. 24. Second Renewal Option. After the first additional term. Tenant may rene�% this Lease for a second additional Term of 60 months by serving Landlord with written notice of Tenant's exercise of the second renewal option 45 days or more prior to the end of the first additional Term. Base Rent for the second additional term will be the market rate then existing as agreed by Landlord and 'tenant. To the extent that the parties are unable to agree to the Base Rent prior to the beginning of the second renewal term. the issue will be submitted to binding arbitration pursuant to Section 16 above. and tite Tenant will continue to pay Pa Reiad Lease, ge 8 of 9 the Base Rent required bl the First Renewal Option untii it is determined vdiat the Base Rent for the Second Renewal Option «ill be. Bv: Springer Family IVlanagemelit. 1 1.C. Landlord B\ : -� -- Jeff l:riI-# rSprimih- 'vlana�*c r , LLC Bv: AB's Corner_ t_LC. a Texas limited liability company. Tenant Bv: Nlartin P. Bruno. its �far�a��er Retail Lease, Pane 9 of Y Lease Modification irate: Nlay 5, 2.021 Lease: Date: April 10, 2021 I Landlord Springer Family Management, LLC P.O. Box 248 Sanger, TX 76266 (940) 458 — 7758 �e#�f�asuringer-[ti-1L.cair� Tenant: AB's Corner, LLC, a Texas limited liability company Attention: Martin Bruno, its Manager 1004 Stuart Rd, Denton, TX 76209 nnartin brunoQvalioo.com Tenant's Trade Name: Bolivar Street Revival and Spirits Premises: Address: 302 Bolivar St. Sanger, TX 76266 Approximate square feet 2,250 Term (months): 36 months and 20 days -- Commencement Date: April 10. 2021 k Termination Date: April 30, 2024 Base Rent (monthly): S 1.500 Tenant's Pro Rata Share: 100"/a Security Deposit: None Permitted Use: Pub / Tavern / Res€auranL and any other uses reasonably associated therewith. Landlord and Tenant agree to the following modifications: Premises, Approximate Square Feet, and Base Rent, are modified to add the following: Premises 2: 304 Bolivar Street, Sanger, TX 76266 Base Rent, Premises 2: S1,200 per month ' Approximate Square Feet, Premises 2: 1,500 a ar r 3.Of the lease �s deleted in its entirety and the following1 sc7fettce is T �.� nscira'nce for ie last sentence €n Paragraph A. substituted. Landlord .,,d.., ..�a��t agree that Tenant s Pro Bata Share of'1-axes and ..,_ d d n e i" 2021 is S339.00 pe month. Lease Modification Shani Bradshaw M ti From: Rebecca Lovell < Sent: Wednesday, May 18, 2022 5:49 PM To: Shani Bradshaw Subject: {External} Revival grant proposal Attachments: Document 491.pdf, ATT00001.txt Hi Shani So here's everything. I'm having a really hard time finding a second electrician follow through and come give me a bid. I've asked about 3 different companies. Not sure how to go about that one. If i need to change from electrician to something else, i can figure it out. Hopefully this is everything. Please don't laugh at my drawing! Or do! I'm not an artist but that's a round about with the tables we're having built. Let me know if you need anything and when and where i need to be to discuss or go over this. Thank you for your help. Rebecca 1 Flow Electric, LLC Denton, TX 76201 TECL#31599 05/08/2022 Bolivar St Revival & Spirits 302 Bolivar Street Sanger, Tx 76266 Provide labor and materials for the below tasks Install string lights over the back patio Install power for lights on a photocell Install plugs outside on patio Base Bid: Sales Tax. - Total Bid: $4,705.00 $388.16 $5,093.16 Price is subject to change due to materials costs changing daily Price excludes unforeseen or hidden electrical deficiencies Delgado Signs, LLC P.O. Box 562 Aubrey, TX 76227 US (817)565-9118 delgadosigris@gmail.com Estimate ADDRESS Rebecca Lovell Bolivar Street Revival And Spirits 302 Bolivar St Sanger, Tx SHIP TO Rebecca Lovell Bolivar Street Revival And Spirits 302 Bolivar St Sanger, Tx Services Manufacture (1) 3' 9" x 9 1/2" back lit face illuminated sign cabinet per design Services Installation of (1) 3' 9" x 9 1/2" back lit face illuminated sign cabinet per design Services Manufacture and installation of various vinyl window decor Services Permit acquisition Services Permit at cost to be billed on final invoice Bolivar Street Revival and Spirits 302 Bolivar Street Sanger, TX 76266 Accepted By SUBTOTAL TAX (0.0825) TOTAL Accepted Date ESTIMATE # 1008 DATE 05/17/2022 AMOUNT 1,650.00T 800.00T 2,000.00T 250.00 0.00 4,700.00 367.13 $5,O67.13 `LEGACY SIGNS OF TEXAS 7923 E. McKinney St. Denton, TX 76208 TSCL18448 Aaron Pracht 940-783-0721 aaron @le,acysiynsoftexas.com CUSTOMER: Bolivar Street Revival and Spirits 302 Bolivar Street Sanger, TX 76266 SIGN PROPOSAL www.legacysiansoftexas.com Customer Contact Rebecca Lovell 940-368-7308 rebeccalove1177Pgmail.com SHIP TO LOCATION: Bolivar Street Revival and Spirits DESCRIPTION: Furnish all necessary materials and labor to fabricate & install the following: (1) Manufacture (1) 3' 9" x 9 1/2" back lit face illuminated sign cabinet per design $1,564.00 (2) Installation of (1) TT x 91/2" back lit face illuminated sign cabinet per design $750.00 (3) Manufacture and installation of various vinyl window decor $1,954.00 (4) Permit acquisition $250.00 (5) Permit at cost to be billed on final invoice $0.00 Subtotal State Sales lax 8.25% Total price for work described above: $4,518,00 $372.74 $4,890.74 Payment schedule: 50% DEPOSIT -BALANCE DUE UPON COMPLETION Projected Completion Date: 6 - 8 weeks from AI_L approvals Warranty: 5 full year parts & labor, excluding vandalism and "acts of God". It is the client's responsibility to bring primary power to the sign. LSoTwill do the final electrical connection if the circuit is available at the time of installation. We cannot, by State Law, run branch circuits or install timers. Terms & Conditions Initial Initial initial Initial tax .ax ax ax Shani Bradshaw From: Rebecca Lovell <rebeccalove1177@grnail.corn> Sent: Thursday, May 19, 2022 11:30 AM To: Shani Bradshaw Subject: {External} Revival Attachments: REVIVAL - Sanger R1.pdf, ATT00001.txt The back sign will be exactly like the front but with no back glow. I attached the front sign specs so you could see. I CLIENT SIGNATURE: LEGACY SIGNS OF TEXAS DATE: 10375 Alta Vista Road, Keller, TX 76244 0 817.431.5700 F 817.431.5799 O UL �226292 TDLR -18933 Page 32 OPTION 1 -- EQ :f N. :f KIM FRONT NORTH ELEVATION n 23r—Orr 7r-O V n z EQ Scale: 3/16" =1'-0" NIGHT VIEW EXISTING CONDITIONS 34 SQ FT ALLOWED LEGACY SIGNS o F TEXAS 10375 Alta Vista Road, Heller, TX 76244 [� 0 811.431,5700 IF817.431.5799 �RRK( _fK� Q UL E226292 T313B �� Pk 18933 .- 11' - JOB OESCRIPRON I SIGN PACKAGE DATE BY REV CIISIOMER APPROVAL Note: The colors depleted on this rendering may not match actual colors used on the imisheddt9play. NO: The proportion ofSigns shown OnWing and landscapearaapholosis an apprudmlate representation. PLEASEREAOCAREFULLY:BeforeyouUKthisproof,NeasereadyourcopycareNllyandcompielely. Check for spelling emxs and copy omissions.Arry Changes or afterabons hom the Moral instrucSans wil be charged acceding to time and material, FINAL PROOF APPROVAL: BysPmingWsform Iamapprovingthe abovedescribedI*andIhereby acknowledge that I have read and acceptNe poring porcy and Terms and Conditions MLegacy Signs of iT.. %ease sign and reNm su that we may process your orc v. This sign is intended to belnslalledin accordance with the requirements of Article 64O of the National Electric Code and/or other applicable local municipal codes. This includes proper grounding and hooding of the sign. COMPANY OR JOB NAME REVIVAL 12-9-21 AB R1 COSTOWR CONTACT ADDRESS 3D2 BQLNAR ST. SANGER, TX AB PHOMF AD EMAIL Ag FlE NAME REVIVAL -Sanger R1 SALLESMAN AARO�N AB Page 33 OPTION 2 9'_0 ,/3� [" - -- 2 CONTOUR CHANNEL CABINET ON WIREWAY (1) ONE REQUIRED -MANUFACTURE AND INSTALL SCOPE OF WORK: MANUFACTURE AND INSTALL (1) NEW LED -LIT CONTOUR CHANNEL CABINET ON WIREWAY - #7328 3/16" WHITE PLEX 3M TRANSL. VINYL OVERLAYS -1 " BLACK JEWELITE TRIMCAP RETAINERS - 3.3" BLACK PRE -FINISHED RETURNS - 3mm ACM PRE -FINISHED WHITE LETTERBACKS 6500K WHITE LED ILLUMINATION W/ 12V PWR SUPPLIES -12" X 2" ALUMINUM WIREWAY PTM BLACK - AMBER LED HALO ILLUMINATION W/ 12V PWR SUPPLIES COLOR: * 3M MATTE BLACK * 3M TRANSL. POPPY ORANGE 3630-144 ALUMINUM RETURN SCale:1/2" = 1'-0" 1"JEWELITETRIMCAP NON -CORROSIVE WALLANCHORS ALUMINUM WIREWAY 12V LED'S ACRYLICILEXAN FACE 12V PWR SUPPLY AMBER LED HALO ILLUMINATION ULED CONTOUR CHANNEL CABINET � ON WIREWAY WITH AMBER HALO SAGE SUPPLY WIRE SCONNECT SWITCH FLEXIBLE CONDUIT 1 PRIMARY 120V AC ELECTRICAL N07E5 Sign Company DOES NOT provide primary electrical to sign. Power to the sign must be done by a licensed electrical contractor or licensed electrician. Each sign must have; 1. A minimum of one dedicated 120V 20A circuit 2. Junction box Installed within 6 feet of sign 3. Three wires: Line, Ground, Neutral LEGACY SIGNS OFTE%AS 70375 Alta Vista Road, Keller, TX 7fi244 0 817.431.5700 F 817.431.5799 �%�] �%(� 13 ny U UL E226292 �T TOLR 18933 Joo OEsCRrPrION I SIGN PACKAGE DATE BY I REV CUSIOMFRAPPROV&Nole: The colors depkted on this rendedng may Dal match achral colors used on the Anished display. Note; The proportion of signs shown on building and landscape area photos is an approximate representation. Check PLEASEREAOO eaurs LndcopyomruCKssAiy changes sa and Check for spelling errors and copy omissians.My changes or aheratlons from Ure odginal lnswctions wilWcharged acaonliogtoLmeand material, FINAL PROOF APPROYAUByslgningUhsfofmlamapproviagtheatovedescRbedpbaMlhareby a0nowledgelhallWye read and auepttheproofhgpolicy aredTurrsand CondsmDfLegacySigns of Texas. Please sign and return soMaim rRayprocessyouroNer. This sign is Intended to be Installed In t accordance with the requirements 01 Article 600 ni the National Electric Code and/orot her applicable local municipal codes. This Includes proper grounding and bonding of the sign. COMPANY ON JOB NAME REVIVAL 12-P-21 AB Rl CUSTOMERCONYACY qg ADDRESS 3e2 BGLNAR ST. SANGER, TX As PRONE AB EMAIL AB Pn NAME Fitt NAME REVIVAL HEVNAL- Sangernl _LAARO Ae Page 34 SANGER4B ECONOMIC DEVELOPMENT BOARD AGENDA MEMO * T E X A S AGENDA ITEM NO. 6.A. AGENDA MEETING DATE: May 24, 2022 TO: Shani Bradshaw, 4B FROM: Shani Bradshaw, Director of Economic Development ITEM/CAPTION: PORTER PARK RENOVATIONS UPDATE AGENDA TYPE: Regular ACTION REQUESTED: BACKGROUND: • On March 21, 2022 City Council authorized the City Manager to negotiate a contract with Parkhill for Professional Design Services for renovations to Porter Park. • On April 6, 2022 Parkhill submitted their proposal to work with the City of Sanger on the Porter Park Project • Legal drafted a Professional Services Agreement and submitted the document to Parkhill on April 20, 2022 for review. • Parkhill responded with minor comments to fine tune the agreement, and legal approved all comments • Contract was signed by Parkhill on May 3, 2022 • On May 16, 2022, City Council authorized the City Manger to execute the agreement LEGAL/BOARD COMMISSION RECOMMENDATIONS/CITIZEN NOTICE FEEDBACK: NA FINANCIAL SUMMARY - FUNDING/FISCAL IMPACT: NA FUNDS: NA STAFF RECOMMENDATION/ACTION DESIRED: Page 35 NA Page 36 SANGER4B ECONOMIC DEVELOPMENT BOARD AGENDA MEMO * T E X A S AGENDA ITEM NO. 6.B. AGENDA MEETING DATE: May 24, 2022 TO: Shani Bradshaw, 4B FROM: Shani Bradshaw, Director of Economic Development ITEM/CAPTION: FINANCIAL REPORTS AGENDA TYPE: Regular ACTION REQUESTED: BACKGROUND: Staff will provide a financial update. LEGAL/BOARD COMMISSION RECOMMENDATIONS/CITIZEN NOTICE FEEDBACK: NA FINANCIAL SUMMARY - FUNDING/FISCAL IMPACT: NA FUNDS: NA STAFF RECOMMENDATION/ACTION DESIRED: NA ATTACHMENTS: Description Monthly Sales Tax Report Balance Sheet - April 30, 2022 Revenue & Expense Report - April 30, 2022 Upload Date Type 5/19/2022 Cover Memo 5/19/2022 Cover Memo 5/19/2022 Cover Memo Page 37 SALES TAX REVENUE REPORT Month Total 2015-2016 Total 2016-2017 Total 2017-2018 Total 2018-2019 Total 2019-2020 Total 2020-2021 Total 2021-2022 Total OCT 26,843 29,528 29,528 33,532 33,532 36,117 36,117 35,425 35,425 41,961 41,961 52,602 52,602 50,303 50,303 NOV 58,740 36,744 66,272 36,725 70,257 38,951 75,068 36,853 72,278 42,075 84,036 50,054 102,656 55,222 105,525 DEC 87,526 30,055 96,327 37,133 107,390 32,669 107,737 36,420 108,698 44,092 128,128 52,405 155,061 48,145 153,670 JAN 129,336 28,916 125,243 32,386 139,776 34,264 142,001 33,403 142,102 27,585 155,713 44,941 200,002 56,155 209,825 FEB 168,245 35,203 160,446 42,385 182,161 48,966 190,967 36,966 179,068 70,059 225,772 62,144 262,146 76,753 286,579 MAR 198,086 30,091 190,537 34,273 216,434 32,712 223,679 32,428 211,496 40,966 266,738 49,700 311,846 57,471 344,049 APR 227,415 31,321 221,858 29,088 245,522 28,440 252,119 32,984 244,481 35,736 302,474 48,180 360,026 44,446 452,891 MAY 261,056 34,401 256,259 42,345 287,867 39,427 291,546 43,134 287,615 41,692 344,166 63,691 423,717 JUN 290,086 32,746 289,005 30,853 318,720 31,811 323,357 36,456 324,071 50,482 394,647 47,099 470,816 JUL 317,886 32,803 321,808 35,710 354,430 34,802 358,159 36,977 361,048 49,189 443,837 50,290 521,106 AUG 353,373 37,628 359,436 42,725 397,155 39,661 397,820 42,598 403,646 47,386 491,222 62,523 583,629 SEP 386,739 31,646 391,082 38,361 435,516 38,280 436,100 38,860 442,506 42,073 553,295 52,474 636,104 TOTAL I 386,739 391,082 391,082 435,516 435,516 436,100 436,100 442,506 442,506 533,295 533,2951 636,104 636,104 388,495. BUDGET &�. MEj 362,500 r n z�� 362,500 yT 0 pr April I Year to Date Actual Actual % Actual Actual % 2020-2021 2021-2022 Change 2020-2021 2021-2022 Change 48,180 44,446 -8% 360,026 452,891 26% TOTAI REVENUE 2015-2021 700,000 636,104 600,000 533,295 500,000 435,516 436,100 442,506 391,082 400,000 300,000 200,000 100,000 0 2015-2016 2016-2017 2017-2018 2018-2019 2019-2020 2020-2021 Page 38 5-19-2022 04:54 PM CITY OF SANGER PAGE: 1 BALANCE SHEET AS OF: APRIL 30TH, 2022 42 -4B CORPORATION ACCOUNT # ACCOUNT DESCRIPTION CLAIM ON CASH CKG - 4B CASH (2379694) CD - 4B #653500 CD - 4B #659924 CD - 4B #664243 CD - 4B #673277 CD - 4B #686115 CD - 4B #689521 CD - 4B #694371 CD - 4B #697230 CD - 4B #699934 CD - 4B #702285 CD - 4B #706078 CD - 4B #720097 CD - 4B #720119 SALES TAX RECEIVABLE TOTAL ASSETS LIABILITIES 42-00-2000 ACCOUNTS PAYABLE CONTROL 42-00-2403 ACCRUED WAGES PAYABLE 42-00-2900 ENCUMBRANCE 42-00-2910 RESERVE FOR ENCUMBRANCE 42-00-2950 DUE TO GENERAL FUND TOTAL LIABILITIES EQUITY BALANCE 1,764,564.31 199,691.21 22,146.51 21,902.49 21,998.29 21,951.55 21,970.58 21,890.99 21,975.86 22,102.00 22,025.03 21,836.01 21,746.48 21,428.34 21,463.57 101,507.68 2,350,200.90 2,604.77 1,340.72 6,405.00) 6,405.00 67,407.55 71,353.04 2,350,200.90 42-00-3015 FUND BALANCE - RESTRICTED 1,920,879.30 TOTAL BEGINNING EQUITY 1,920,879.30 TOTAL REVENUE 407,994.86 TOTAL EXPENSES 50,026.30 TOTAL REVENUE OVER/(UNDER) EXPENSES 357,968.56 TOTAL EQUITY & REV. OVER/(UNDER) EXP. 2,278,847.86 TOTAL LIABILITIES, EQUITY & REV.OVER/(UNDER) EXP. 2,350,200.90 -------------- -------------- Page 39 5-19-2022 04:55 PM CITY OF SANGER PAGE: 1 REVENUE & EXPENSE REPORT (UNAUDITED) AS OF: APRIL 30TH, 2022 42 -4B CORPORATION FINANCIAL SUMMARY % OF YEAR COMPLETED: 58.33 CURRENT CURRENT YEAR TO DATE TOTAL BUDGET % YTD BUDGET PERIOD ACTUAL ENCUMBERED BALANCE BUDGET REVENUE SUMMARY TAXES 600,000 44,445.79 388,495.19 0.00 211,504.81 64.75 INTEREST 10,000 2,968.82 19,499.67 0.00 ( 9,499.67) 195.00 TOTAL REVENUES 610,000 47,414.61 407,994.86 0.00 202,005.14 66.88 EXPENDITURE SUMMARY 74-TRANSFERS 212,500 0.00 0.00 0.00 212,500.00 0.00 76-4B FUND 352,875 6,511.75 50,026.30 6,080.00 296,768.70 15.90 TOTAL EXPENDITURES 565,375 6,511.75 50,026.30 6,080.00 509,268.70 9.92 REVENUE OVER/(UNDER) EXPENDITURES 44,625 40,902.86 357,968.56 ( 6,080.00)( 307,263.56) 788.55 Page 40 5-19-2022 04:55 PM 42 -4B CORPORATION FINANCIAL SUMMARY REVENUES CITY OF SANGER PAGE: 2 REVENUE & EXPENSE REPORT (UNAUDITED) AS OF: APRIL 30TH, 2022 % OF YEAR COMPLETED: 58.33 CURRENT CURRENT YEAR TO DATE TOTAL BUDGET % YTD BUDGET PERIOD ACTUAL ENCUMBERED BALANCE BUDGET TAXES 00-4325 STATE SALES TAX 600,000 44,445.79 388,495.19 0.00 211,504.81 64.75 TOTAL TAXES 600,000 44,445.79 388,495.19 0.00 211,504.81 64.75 INTEREST 00-4800 INTEREST INCOME 10.000 2,968.82 19,499.67 0.00 ( 9,499,67) 195.00 TOTAL INTEREST 10,000 2,968.82 19,499.67 0.00 ( 9,499.67) 195.00 TOTAL REVENUE 610,000 47,414.61 407,994.86 0.00 202,005.14 66.88 Page 41 5-19-2022 04:55 PM 42 -4B CORPORATION 74-TRANSFERS DEPARTMENTAL EXPENDITURES CITY OF SANGER PAGE: 3 REVENUE & EXPENSE REPORT (UNAUDITED) AS OF: APRIL 30TH, 2022 % OF YEAR COMPLETED: 58.33 CURRENT CURRENT YEAR TO DATE TOTAL BUDGET % YTD BUDGET PERIOD ACTUAL ENCUMBERED BALANCE BUDGET 74-TRANSFERS 74-7403 TRANSFER TO DSF 212,500 0.00 0.00 0.00 212,500.00 0.00 TOTAL 74-TRANSFERS 212,500 0.00 0.00 0.00 212,500.00 0.00 TOTAL 74-TRANSFERS 212,500 0.00 0.00 0.00 212,500.00 0.00 Page 42 5-19-2022 04:55 PM CITY OF SANGER PAGE: 4 REVENUE & EXPENSE REPORT (UNAUDITED) AS OF: APRIL 30TH, 2022 42 -4B CORPORATION 76-4B FUND DEPARTMENTAL EXPENDITURES 51-SALARIES AND BENEFITS 76-5110 REGULAR SALARIES 76-5125 LONGEVITY PAY 76-5128 AUTO ALLOWANCE 76-5129 CELL PHONE ALLOWANCE 76-5130 FICA 76-5140 RETIREMENT 76-5150 HEALTH INSURANCE 76-5160 WORKER'S COMPENSATION 76-5170 T W C TOTAL 51-SALARIES AND BENEFITS % OF YEAR COMPLETED: 58.33 CURRENT CURRENT YEAR TO DATE TOTAL BUDGET % YTD BUDGET PERIOD ACTUAL ENCUMBERED BALANCE BUDGET 41,400 3,152.10 23,640.75 0.00 17,759.25 57.10 100 0.00 78.00 0.00 22.00 78.00 3,000 250.00 1,750.00 0.00 1,250.00 58.33 300 25.00 25.00 0.00 275.00 8.33 3,450 252.76 1,913.41 0.00 1,536.59 55.46 3,900 296.62 2,212.57 0.00 1,687.43 56.73 4,200 352.10 2,444.99 0.00 1,755.01 58.21 250 0.00 0.00 0.00 250.00 0.00 100 0.00 0.00 0.00 100.00 0.00 56,700 4,328.58 32,064.72 0.00 24,635.28 56.55 52-SUPPLIES AND MATERIALS 76-5210 OFFICE SUPPLIES 500 0.00 99.62 0.00 400.38 19.92 76-5213 COMPUTER HARDWARE 250 0.00 0.00 0.00 250.00 0.00 76-5214 COMPUTER SOFTWARE 3,375 0.00 0.00 0.00 3,375.00 0.00 76-5215 FOOD 200 0.00 0.00 0.00 200.00 0.00 76-5220 POSTAGE 50 0.00 0.00 0.00 50.00 0.00 76-5226 MARKETING & PROMOTION 15,000 2,016.65 5,518.88 0.00 9,481.12 36.79 76-5235 DUES & SUBSCRIPTIONS 600 85.50 150.00 0.00 450.00 25.00 76-5240 CONFERENCES & TRAINING 800 0.00 867.50 0.00 ( 67.50) 108.44 TOTAL 52-SUPPLIES AND MATERIALS 20,775 2,102.15 6,636.00 0.00 14,139.00 31.94 53-MAINTENANCE AND OPERAT 76-5332 OFFICE MACHINE LEASE 600 81.02 245.58 0.00 354.42 40.93 TOTAL 53-MAINTENANCE AND OPERAT 600 81.02 245.58 0.00 354.42 40.93 54-CONTRACT SERVICES 76-5425 LEGAL SERVICES 1,000 0.00 0.00 0.00 1,000.00 0.00 76-5430 PROFESSIONAL SERVICES 10,000 0.00 0.00 0.00 10,000.00 0.00 76-5450 TECHNICAL SUPPORT 1,000 0.00 0.00 0.00 1,000.00 0.00 76-5452 WEBSITE 12,800 0.00 6,080.00 6,080.00 640.00 95.00 TOTAL 54-CONTRACT SERVICES 24,800 0.00 6,080.00 6,080.00 12,640.00 49.03 56-GRANT EXPENSES 76-5601 PROMO/COMMUNITY EVENT GR 25,000 0.00 0.00 0.00 25,000.00 0.00 76-5603 PROPERTY ENHANCEMENTS IN 25,000 0.00 5,000.00 0.00 20,000.00 20.00 TOTAL 56-GRANT EXPENSES 50,000 0.00 5,000.00 0.00 45,000.00 10.00 61-CAPITAL OUTLAY 76-6116 PORTER PARK UPDATES 200,000 0.00 0.00 0.00 200,000.00 0.00 TOTAL 61-CAPITAL OUTLAY 200,000 0.00 0.00 0.00 200,000.00 0.00 Page 43 5-19-2022 04:55 PM CITY OF SANGER PAGE: 5 REVENUE & EXPENSE REPORT (UNAUDITED) AS OF: APRIL 30TH, 2022 42 -4B CORPORATION 76-4B FUND % OF YEAR COMPLETED: 58.33 CURRENT CURRENT YEAR TO DATE TOTAL BUDGET % YTD DEPARTMENTAL EXPENDITURES BUDGET PERIOD ACTUAL ENCUMBERED BALANCE BUDGET 65-CAPITAL PROJECTS 70-DEBT PAYMENTS 74-TRANSFERS TOTAL 76-4B FUND 352,875 6,511.75 50,026.30 6,080.00 296,768.70 15.90 TOTAL EXPENDITURES 565,375 6,511.75 50,026.30 6,080.00 509,268.70 9.92 REVENUE OVER/(UNDER) EXPENDITURES 44,625 40,902.86 357,968.56 ( 6,080.00)( 307,263.56) 788.55 Page 44 SANGER4B ECONOMIC DEVELOPMENT BOARD AGENDA MEMO * T E X A S AGENDA ITEM NO. 6.C. AGENDA MEETING DATE: May 24, 2022 TO: Shani Bradshaw, 4B FROM: Shani Bradshaw, Director of Economic Development ITEM/CAPTION: DIRECTOR'S REPORT AGENDA TYPE: Regular ACTION REQUESTED: BACKGROUND: Staff will provide an Economic Development Update. LEGAL/BOARD COMMISSION RECOMMENDATIONS/CITIZEN NOTICE FEEDBACK: NA FINANCIAL SUMMARY - FUNDING/FISCAL IMPACT: NA FUNDS: NA STAFF RECOMMENDATION/ACTION DESIRED: NA Page 45