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06/23/2020-4B-Agenda Packet-RegularAGENDA 4B ECONOMIC DEVELOPMENT BOARD TUESDAY, JUNE 23, 2020 6:00 PM 502 ELM STREET SANGER, TEXAS IMPORTANT NOTICE:  MEETING HELD BY TELECONFERENCE Meetings will temporarily be held via teleconference and will not be held at Sanger City Hall. Effective March 16, 2020 Texas Governor Abbott suspended certain Open Meeting rules to allow telephonic or video ​conference meetings of government bodies that are accessible to the public to decrease large groups of people from assembling in order to advance the public health goal of limiting face​to​face meetings to slow the spread of the Coronavirus (COVID​19).  The suspension temporarily removes the requirement that government officials and members of the public be physically present at a meeting location. A recording of the telephone conference will be made available to the public in accordance with the Open Meetings Act, upon written request for up to 90 days after the official minutes of the meeting are approved. If you plan to speak or provide public comments during the meeting please email; sbradshaw@sangertexas.org and indicate which item you would like to comment on.  You will need to provide Shani Bradshaw your name, address, plus the name, and/or number you are calling into the conference with for recognition purposes to allow you to speak during the item.  In order to facilitate Public Hearings during the meeting, each name on the speaking list will be called in the order they were received and will be provided an opportunity to comment. You may also provide comments to the Director of Economic Development, Shani Bradshaw (sbradshaw@sangertexas.org) regarding an item if you do not wish to speak, and they will be e​mailed to Shani Bradshaw before the meeting.   Please provide your comments or requests to comment for all items no later than one (1) hour before the meeting.  The public may dial one of the following numbers and enter the meeting ID/Access Code to join the meeting.  A toll free number is available and noted on the list below: Join Zoom Meeting https://us02web.zoom.us/j/9860544598?pwd=dEsyRUlOdHBmMWFybG5ZdUZ6ZEtiUT09 Meeting ID: 986 054 4598 Password: 321654 Dial by your location +1 346 248 7799 US (Houston) +1 253 215 8782 US (Tacoma) +1 669 900 6833 US (San Jose) +1 929 205 6099 US (New York) +1 301 715 8592 US (Germantown) +1 312 626 6799 US (Chicago) 877 853 5257 US Toll­free 888 475 4499 US Toll­free Meeting ID: 986 054 4598 Password: 321654 AGENDA4B ECONOMIC DEVELOPMENT BOARDTUESDAY, JUNE 23, 20206:00 PM502 ELM STREETSANGER, TEXASIMPORTANT NOTICE:  MEETING HELD BY TELECONFERENCEMeetings will temporarily be held via teleconference and will not be held at Sanger City Hall. EffectiveMarch 16, 2020 Texas Governor Abbott suspended certain Open Meeting rules to allow telephonic orvideo​conference meetings of government bodies that are accessible to the public to decrease large groupsof people from assembling in order to advance the public health goal of limiting face​to​face meetings toslow the spread of the Coronavirus (COVID​19).  The suspension temporarily removes the requirementthat government officials and members of the public be physically present at a meeting location. Arecording of the telephone conference will be made available to the public in accordance with the OpenMeetings Act, upon written request for up to 90 days after the official minutes of the meeting are approved.If you plan to speak or provide public comments during the meeting please email;sbradshaw@sangertexas.org and indicate which item you would like to comment on.  You will need toprovide Shani Bradshaw your name, address, plus the name, and/or number you are calling into theconference with for recognition purposes to allow you to speak during the item.  In order to facilitatePublic Hearings during the meeting, each name on the speaking list will be called in the order they werereceived and will be provided an opportunity to comment. You may also provide comments to the Directorof Economic Development, Shani Bradshaw (sbradshaw@sangertexas.org) regarding an item if you do notwish to speak, and they will be e​mailed to Shani Bradshaw before the meeting.   Please provide yourcomments or requests to comment for all items no later than one (1) hour before the meeting.  The publicmay dial one of the following numbers and enter the meeting ID/Access Code to join the meeting.  A toll freenumber is available and noted on the list below:Join Zoom Meetinghttps://us02web.zoom.us/j/9860544598?pwd=dEsyRUlOdHBmMWFybG5ZdUZ6ZEtiUT09Meeting ID: 986 054 4598Password: 321654Dial by your location+1 346 248 7799 US (Houston)+1 253 215 8782 US (Tacoma)+1 669 900 6833 US (San Jose)+1 929 205 6099 US (New York)+1 301 715 8592 US (Germantown)+1 312 626 6799 US (Chicago)877 853 5257 US Toll­free888 475 4499 US Toll­freeMeeting ID: 986 054 4598 Password: 321654 1.Call Meeting to Order 2.Approval of Minutes Approval of the May 26, 2020 4B Board Meeting Minutes 3.Texas Department of Transportation Offer for Highway Right of Way Required for the Construction or Improvement of IH 35 Consider, Discuss and Act on Offer Made by the Texas Department of Transportation in the Amount of $33,442.00 to Purchase 8,425 Square Foot (2,030 acres) Parcel of Land out of the R.A. Johnson Survey, Abstract No. 666, Parcel 48, Located E/s of IH 35, 0.29 Miles South of Southside Drive, Sanger, Texas 76266, Deemed Necessary for the Construction or Improvement of the IH 35 Highway Project.  4.Resolution No. 06­06­20 Texas Department of Transportation Agreement Consider, Discuss and Act on Resolution No. 06­06­20   Authorizing the President of the Board to Execute an Agreement Between the Sanger Development Corporation and TxDOT for the Sale of Property for Highway Right of Way Required for the Construction or Improvements of IH 35. 5.Resolution No. 06­05­20 Possession and Use Agreement Consider, Discuss, and Act on Resolution No. 06­05­20 Authorizing  the President of the Board to Execute a Possession and Use Agreement For Transportation Purposes with the Additional Payment of Independent Consideration between the Texas Department of Transportation and Sanger Development Corporation. 6.Fiscal Year 2020­2021 Budget Discuss, Consider and Act on the Fiscal Year 2020­2021 Budget. 7.Financial Reports 8.Citizen Comments 9.Adjourn 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. June 19th, 2020 9:15 AM Cheryl Price 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) 458­7930 for further information. AGENDA4B ECONOMIC DEVELOPMENT BOARDTUESDAY, JUNE 23, 20206:00 PM502 ELM STREETSANGER, TEXASIMPORTANT NOTICE:  MEETING HELD BY TELECONFERENCEMeetings will temporarily be held via teleconference and will not be held at Sanger City Hall. EffectiveMarch 16, 2020 Texas Governor Abbott suspended certain Open Meeting rules to allow telephonic orvideo​conference meetings of government bodies that are accessible to the public to decrease large groupsof people from assembling in order to advance the public health goal of limiting face​to​face meetings toslow the spread of the Coronavirus (COVID​19).  The suspension temporarily removes the requirementthat government officials and members of the public be physically present at a meeting location. Arecording of the telephone conference will be made available to the public in accordance with the OpenMeetings Act, upon written request for up to 90 days after the official minutes of the meeting are approved.If you plan to speak or provide public comments during the meeting please email;sbradshaw@sangertexas.org and indicate which item you would like to comment on.  You will need toprovide Shani Bradshaw your name, address, plus the name, and/or number you are calling into theconference with for recognition purposes to allow you to speak during the item.  In order to facilitatePublic Hearings during the meeting, each name on the speaking list will be called in the order they werereceived and will be provided an opportunity to comment. You may also provide comments to the Directorof Economic Development, Shani Bradshaw (sbradshaw@sangertexas.org) regarding an item if you do notwish to speak, and they will be e​mailed to Shani Bradshaw before the meeting.   Please provide yourcomments or requests to comment for all items no later than one (1) hour before the meeting.  The publicmay dial one of the following numbers and enter the meeting ID/Access Code to join the meeting.  A toll freenumber is available and noted on the list below:Join Zoom Meetinghttps://us02web.zoom.us/j/9860544598?pwd=dEsyRUlOdHBmMWFybG5ZdUZ6ZEtiUT09Meeting ID: 986 054 4598Password: 321654Dial by your location+1 346 248 7799 US (Houston)+1 253 215 8782 US (Tacoma)+1 669 900 6833 US (San Jose)+1 929 205 6099 US (New York)+1 301 715 8592 US (Germantown)+1 312 626 6799 US (Chicago)877 853 5257 US Toll­free888 475 4499 US Toll­freeMeeting ID: 986 054 4598Password: 3216541.Call Meeting to Order2.Approval of MinutesApproval of the May 26, 2020 4B Board Meeting Minutes3.Texas Department of Transportation Offer for Highway Right of Way Required for the Constructionor Improvement of IH 35Consider, Discuss and Act on Offer Made by the Texas Department of Transportation in the Amountof $33,442.00 to Purchase 8,425 Square Foot (2,030 acres) Parcel of Land out of the R.A.Johnson Survey, Abstract No. 666, Parcel 48, Located E/s of IH 35, 0.29 Miles South of SouthsideDrive, Sanger, Texas 76266, Deemed Necessary for the Construction or Improvement of the IH 35Highway Project. 4.Resolution No. 06­06­20 Texas Department of Transportation AgreementConsider, Discuss and Act on Resolution No. 06­06­20   Authorizing the President of the Board toExecute an Agreement Between the Sanger Development Corporation and TxDOT for the Sale ofProperty for Highway Right of Way Required for the Construction or Improvements of IH 35.5.Resolution No. 06­05­20 Possession and Use AgreementConsider, Discuss, and Act on Resolution No. 06­05­20 Authorizing  the President of the Board toExecute a Possession and Use Agreement For Transportation Purposes with the Additional Paymentof Independent Consideration between the Texas Department of Transportation and SangerDevelopment Corporation.6.Fiscal Year 2020­2021 BudgetDiscuss, Consider and Act on the Fiscal Year 2020­2021 Budget.7.Financial Reports8.Citizen Comments9.AdjournI, the undersigned authority, do hereby certify that this Notice of Meeting was posted on theCity Website, and on the bulletin board, at the City Hall of the City of Sanger, Texas, a placeconvenient and readily accessible to the general public at all times. Said notice was posted on thefollowing date and time, and remained posted continuously for at least 72 hours prior to thescheduled time of said meeting and shall remain posted until meeting is adjourned.June 19th, 2020 9:15 AMCheryl Price City SecretaryCity of Sanger, Texas Date/Time PostedThis 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) 458­7930 for further information. 4B ECONOMIC DEVELOPMENT BOARD AGENDA MEMO AGENDA ITEM NO. 2. AGENDA MEETING DATE: June 23, 2020 TO: Shani Bradshaw, 4B FROM: Shani Bradshaw, Director of Economic Development ITEM/CAPTION: Approval of Minutes Approval of the May 26, 2020 4B Board Meeting Minutes AGENDA TYPE: Consent Agenda ACTION REQUESTED:  Approval  BACKGROUND: NA LEGAL/BOARD COMMISSION RECOMMENDATIONS/CITIZEN NOTICE FEEDBACK: NA FINANCIAL SUMMARY ­ FUNDING/FISCAL IMPACT: NA FUNDS: NA STAFF RECOMMENDATION/ACTION DESIRED: APPROVE the minutes from the May 26, 2020 Board meeting.  ATTACHMENTS: Description Upload Date Type 4B Minutes ­ May 26, 2020 6/18/2020 Cover Memo MINUTES 4B ECONOMIC DEVELOPMENT BOARD TUESDAY, MAY 26, 2020 6:00 PM 502 ELM STREET SANGER, TEXAS IMPORTANT NOTICE:  MEETING HELD BY TELECONFERENCE Meetings will temporarily be held via teleconference and will not be held at Sanger City Hall. Effective March 16, 2020 Texas Governor Abbott suspended certain Open Meeting rules to allow telephonic or video ​conference meetings of government bodies that are accessible to the public to decrease large groups of people from assembling in order to advance the public health goal of limiting face​to​face meetings to slow the spread of the Coronavirus (COVID​19).  The suspension temporarily removes the requirement that government officials and members of the public be physically present at a meeting location. A recording of the telephone conference will be made available to the public in accordance with the Open Meetings Act, upon written request for up to 90 days after the official minutes of the meeting are approved. If you plan to speak or provide public comments during the meeting please email; sangerdevelopment@sangertexas.org and indicate which item you would like to comment on.  You will need to provide Shani Bradshaw your name, address, plus the name, and/or number you are calling into the conference with for recognition purposes to allow you to speak during the item.  In order to facilitate Public Hearings during the meeting, each name on the speaking list will be called in the order they were received and will be provided an opportunity to comment. You may also provide comments to the Director of Economic Development, Shani Bradshaw (sangerdevelopment@sangertexas.org) regarding an item if you do not wish to speak, and they will be e​mailed to Shani Bradshaw before the meeting.   Please provide your comments or requests to comment for all items no later than one (1) hour before the meeting.  The public may dial one of the following numbers and enter the meeting ID/Access Code to join the meeting.  A toll ​free number is available and noted on the list below: Join Zoom Meeting https://us02web.zoom.us/j/9860544598?pwd=dEsyRUlOdHBmMWFybG5ZdUZ6ZEtiUT09 Meeting ID: 986 054 4598 Password: 321654 Dial by your location +1 346 248 7799 US (Houston) +1 253 215 8782 US (Tacoma) +1 669 900 6833 US (San Jose) +1 929 205 6099 US (New York) +1 301 715 8592 US (Germantown) +1 312 626 6799 US (Chicago) 877 853 5257 US Toll­free 888 475 4499 US Toll­free COMMISSION MEMBERS PRESENT: Beverly Branch, Jeff Springer,  Will Dutton, John Payne MINUTES4B ECONOMIC DEVELOPMENT BOARDTUESDAY, MAY 26, 20206:00 PM502 ELM STREETSANGER, TEXASIMPORTANT NOTICE:  MEETING HELD BY TELECONFERENCEMeetings will temporarily be held via teleconference and will not be held at Sanger City Hall. EffectiveMarch 16, 2020 Texas Governor Abbott suspended certain Open Meeting rules to allow telephonic orvideo​conference meetings of government bodies that are accessible to the public to decrease large groupsof people from assembling in order to advance the public health goal of limiting face​to​face meetings toslow the spread of the Coronavirus (COVID​19).  The suspension temporarily removes the requirementthat government officials and members of the public be physically present at a meeting location. Arecording of the telephone conference will be made available to the public in accordance with the OpenMeetings Act, upon written request for up to 90 days after the official minutes of the meeting are approved.If you plan to speak or provide public comments during the meeting please email;sangerdevelopment@sangertexas.org and indicate which item you would like to comment on.  You willneed to provide Shani Bradshaw your name, address, plus the name, and/or number you are calling intothe conference with for recognition purposes to allow you to speak during the item.  In order to facilitatePublic Hearings during the meeting, each name on the speaking list will be called in the order they werereceived and will be provided an opportunity to comment. You may also provide comments to the Directorof Economic Development, Shani Bradshaw (sangerdevelopment@sangertexas.org) regarding an item ifyou do not wish to speak, and they will be e​mailed to Shani Bradshaw before the meeting.   Pleaseprovide your comments or requests to comment for all items no later than one (1) hour before the meeting. The public may dial one of the following numbers and enter the meeting ID/Access Code to join themeeting.  A toll ​free number is available and noted on the list below:Join Zoom Meetinghttps://us02web.zoom.us/j/9860544598?pwd=dEsyRUlOdHBmMWFybG5ZdUZ6ZEtiUT09Meeting ID: 986 054 4598Password: 321654Dial by your location+1 346 248 7799 US (Houston)+1 253 215 8782 US (Tacoma)+1 669 900 6833 US (San Jose)+1 929 205 6099 US (New York)+1 301 715 8592 US (Germantown)+1 312 626 6799 US (Chicago)877 853 5257 US Toll­free888 475 4499 US Toll­freeCOMMISSION MEMBERS PRESENT: Beverly Branch, Jeff Springer,  Will Dutton, John Payne COMMISSION MEMBERS ABSENT: Carrie Bilyeau, Barbara Martin, Beverly Howard OTHERS PRESENT: Shani Bradshaw, Stefani Dodson 1.Call Meeting to Order 6:04 PM(Absent: Bilyeau, Howard, Martin) 2.Approval of Minutes Approval of the April 14, 2020 Board Meeting Minutes. A motion was made by Jeff Springer to Motion. The motion was seconed by Will Dutton.   Motion to approve the minutes made by Jeff Springer. Will Dutton seconded motion.  Motion passes unanimously. The motion   with a 4­0 vote  (Absent: Bilyeau, Howard, Martin) 3.Discussion on Facade and Sign Grant Program Shani goes briefly goes over the facade grant.  She shows examples of a facade grant from a couple of other cities. The board briefly discusses the idea of the facade grant.   Shani goes over the budget and explains that there is already a grant budget for 50K set aside for another grant that hasnt been used.  She explains that it might be possible to just change the use of the current grant.  She also recommends doing this grant for next year. Board brings up they used the grant on the Large Pavilion at Porter Park.  They would like us to go back and look up the minutes to the original grant. (Absent: Bilyeau, Howard, Martin) 4.Discussion on Business Recovery Efforts Related to COVID­19 Briefly discussed in item 3.(Absent: Bilyeau, Howard, Martin) 5.Discussion on Fiscal Year 2020­2021 Budget Shani goes over the budget and some of the items. Springer asked if they may get a running total to compare 2019 and 2020. Shani said she will get that for them. The board and Shani have a longer discussion about the budget. (Absent: Bilyeau, Howard, Martin) 6.Financial Reports MINUTES4B ECONOMIC DEVELOPMENT BOARDTUESDAY, MAY 26, 20206:00 PM502 ELM STREETSANGER, TEXASIMPORTANT NOTICE:  MEETING HELD BY TELECONFERENCEMeetings will temporarily be held via teleconference and will not be held at Sanger City Hall. EffectiveMarch 16, 2020 Texas Governor Abbott suspended certain Open Meeting rules to allow telephonic orvideo​conference meetings of government bodies that are accessible to the public to decrease large groupsof people from assembling in order to advance the public health goal of limiting face​to​face meetings toslow the spread of the Coronavirus (COVID​19).  The suspension temporarily removes the requirementthat government officials and members of the public be physically present at a meeting location. Arecording of the telephone conference will be made available to the public in accordance with the OpenMeetings Act, upon written request for up to 90 days after the official minutes of the meeting are approved.If you plan to speak or provide public comments during the meeting please email;sangerdevelopment@sangertexas.org and indicate which item you would like to comment on.  You willneed to provide Shani Bradshaw your name, address, plus the name, and/or number you are calling intothe conference with for recognition purposes to allow you to speak during the item.  In order to facilitatePublic Hearings during the meeting, each name on the speaking list will be called in the order they werereceived and will be provided an opportunity to comment. You may also provide comments to the Directorof Economic Development, Shani Bradshaw (sangerdevelopment@sangertexas.org) regarding an item ifyou do not wish to speak, and they will be e​mailed to Shani Bradshaw before the meeting.   Pleaseprovide your comments or requests to comment for all items no later than one (1) hour before the meeting. The public may dial one of the following numbers and enter the meeting ID/Access Code to join themeeting.  A toll ​free number is available and noted on the list below:Join Zoom Meetinghttps://us02web.zoom.us/j/9860544598?pwd=dEsyRUlOdHBmMWFybG5ZdUZ6ZEtiUT09Meeting ID: 986 054 4598Password: 321654Dial by your location+1 346 248 7799 US (Houston)+1 253 215 8782 US (Tacoma)+1 669 900 6833 US (San Jose)+1 929 205 6099 US (New York)+1 301 715 8592 US (Germantown)+1 312 626 6799 US (Chicago)877 853 5257 US Toll­free888 475 4499 US Toll­freeCOMMISSION MEMBERS PRESENT:Beverly Branch, Jeff Springer,  Will Dutton, John PayneCOMMISSION MEMBERS ABSENT:Carrie Bilyeau, Barbara Martin, Beverly HowardOTHERS PRESENT:Shani Bradshaw, Stefani Dodson1.Call Meeting to Order6:04 PM(Absent: Bilyeau, Howard, Martin)2.Approval of MinutesApproval of the April 14, 2020 Board Meeting Minutes.A motion was made by Jeff Springer to Motion. The motion was seconed by Will Dutton.  Motion to approve the minutes made by Jeff Springer.Will Dutton seconded motion.  Motion passes unanimously.The motion   with a 4­0 vote  (Absent: Bilyeau, Howard, Martin)3.Discussion on Facade and Sign Grant ProgramShani goes briefly goes over the facade grant.  She shows examples of a facade grant from a coupleof other cities.The board briefly discusses the idea of the facade grant.  Shani goes over the budget and explains that there is already a grant budget for 50K set aside foranother grant that hasnt been used.  She explains that it might be possible to just change the use ofthe current grant.  She also recommends doing this grant for next year.Board brings up they used the grant on the Large Pavilion at Porter Park.  They would like us to goback and look up the minutes to the original grant.(Absent: Bilyeau, Howard, Martin)4.Discussion on Business Recovery Efforts Related to COVID­19Briefly discussed in item 3.(Absent: Bilyeau, Howard, Martin)5.Discussion on Fiscal Year 2020­2021 BudgetShani goes over the budget and some of the items.Springer asked if they may get a running total to compare 2019 and 2020.Shani said she will get that for them.The board and Shani have a longer discussion about the budget.(Absent: Bilyeau, Howard, Martin) 6.Financial Reports Shani goes over the Financial report with the board.(Absent: Bilyeau, Howard, Martin) 7.Staff Update Brief discussion over TxDot Springer updates the board on what he discussed with TxDot. Further discussion with the board. (Absent: Bilyeau, Howard, Martin) 8.Citizen Comments No Citizens (Absent: Bilyeau, Howard, Martin) 9.Adjourn 4B ECONOMIC DEVELOPMENT BOARD AGENDA MEMO AGENDA ITEM NO. 3. AGENDA MEETING DATE: June 23, 2020 TO: Shani Bradshaw, 4B FROM: Shani Bradshaw, Director of Economic Development ITEM/CAPTION: Texas Department of Transportation Offer for Highway Right of Way Required for the Construction or Improvement of IH 35 Consider, Discuss and Act on Offer Made by the Texas Department of Transportation in the Amount of $33,442.00 to Purchase 8,425 Square Foot (2,030 acres) Parcel of Land out of the R.A. Johnson Survey, Abstract No. 666, Parcel 48, Located E/s of IH 35, 0.29 Miles South of Southside Drive, Sanger, Texas 76266, Deemed Necessary for the Construction or Improvement of the IH 35 Highway Project.  AGENDA TYPE: Regular ACTION REQUESTED:  Approval  BACKGROUND: An offer has been made by the Texas Department of Transportation to purchase the designated property for highway right of way.  The state is offering $33,442 for the property, which includes $27,714.00 for the property to be purchases and $5,728.00 for damages to the remaining property.    LEGAL/BOARD COMMISSION RECOMMENDATIONS/CITIZEN NOTICE FEEDBACK: NA FINANCIAL SUMMARY ­ FUNDING/FISCAL IMPACT: NA FUNDS: NA STAFF RECOMMENDATION/ACTION DESIRED: ACCEPT the Texas Department of Transportation offer in the amount $33,442.00. 4B ECONOMIC DEVELOPMENT BOARD AGENDA MEMOAGENDA ITEM NO. 3.AGENDA MEETING DATE: June 23, 2020TO: Shani Bradshaw, 4BFROM: Shani Bradshaw, Director of Economic DevelopmentITEM/CAPTION:Texas Department of Transportation Offer for Highway Right of Way Required for the Construction orImprovement of IH 35Consider, Discuss and Act on Offer Made by the Texas Department of Transportation in the Amount of $33,442.00 toPurchase 8,425 Square Foot (2,030 acres) Parcel of Land out of the R.A. Johnson Survey, Abstract No. 666, Parcel48, Located E/s of IH 35, 0.29 Miles South of Southside Drive, Sanger, Texas 76266, Deemed Necessary for theConstruction or Improvement of the IH 35 Highway Project. AGENDA TYPE: RegularACTION REQUESTED:  Approval BACKGROUND:An offer has been made by the Texas Department of Transportation to purchase the designated property for highwayright of way.  The state is offering $33,442 for the property, which includes $27,714.00 for the property to bepurchases and $5,728.00 for damages to the remaining property.   LEGAL/BOARD COMMISSION RECOMMENDATIONS/CITIZEN NOTICE FEEDBACK:NAFINANCIAL SUMMARY ­ FUNDING/FISCAL IMPACT:NAFUNDS:NASTAFF RECOMMENDATION/ACTION DESIRED: ACCEPT the Texas Department of Transportation offer in the amount $33,442.00. ATTACHMENTS: Description Upload Date Type TxDOT Offer 6/19/2020 Cover Memo 4B ECONOMIC DEVELOPMENT BOARD AGENDA MEMO AGENDA ITEM NO. 4. AGENDA MEETING DATE: June 23, 2020 TO: Shani Bradshaw, 4B FROM: Shani Bradshaw, Director of Economic Development ITEM/CAPTION: Resolution No. 06­06­20 Texas Department of Transportation Agreement Consider, Discuss and Act on Resolution No. 06­06­20   Authorizing the President of the Board to Execute an Agreement Between the Sanger Development Corporation and TxDOT for the Sale of Property for Highway Right of Way Required for the Construction or Improvements of IH 35. AGENDA TYPE: Regular ACTION REQUESTED:  Approval, Resolution  BACKGROUND: The Board will need to authorize Board President, John Payne to sign the agreement and further documents as may be necessary to complete the sale on behalf of the Corporation.  LEGAL/BOARD COMMISSION RECOMMENDATIONS/CITIZEN NOTICE FEEDBACK: NA FINANCIAL SUMMARY ­ FUNDING/FISCAL IMPACT: NA FUNDS: STAFF RECOMMENDATION/ACTION DESIRED: Authorize the board president to sign the agreement and further documents as may be necessary to complete the sale on behalf of the Corporation.  4B ECONOMIC DEVELOPMENT BOARD AGENDA MEMOAGENDA ITEM NO. 4.AGENDA MEETING DATE: June 23, 2020TO: Shani Bradshaw, 4BFROM: Shani Bradshaw, Director of Economic DevelopmentITEM/CAPTION:Resolution No. 06­06­20 Texas Department of Transportation AgreementConsider, Discuss and Act on Resolution No. 06­06­20   Authorizing the President of the Board to Execute anAgreement Between the Sanger Development Corporation and TxDOT for the Sale of Property for Highway Right ofWay Required for the Construction or Improvements of IH 35.AGENDA TYPE: RegularACTION REQUESTED:  Approval, Resolution BACKGROUND:The Board will need to authorize Board President, John Payne to sign the agreement and further documents as may benecessary to complete the sale on behalf of the Corporation. LEGAL/BOARD COMMISSION RECOMMENDATIONS/CITIZEN NOTICE FEEDBACK:NAFINANCIAL SUMMARY ­ FUNDING/FISCAL IMPACT:NAFUNDS:STAFF RECOMMENDATION/ACTION DESIRED:Authorize the board president to sign the agreement and further documents as may be necessary to complete the saleon behalf of the Corporation.  ATTACHMENTS: Description Upload Date Type Resolution Approving TxDOT Proposal 6/19/2020 Cover Memo Exhibit A 6/18/2020 Cover Memo TxDOT Offer 6/18/2020 Cover Memo RESOLUTION NO. 06-06-20 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE SANGER TEXAS DEVELOPMENT CORPORATION (SEDC) AUTHORIZING THE PRESIDENT OF THE BOARD TO EXECUTE AN AGREEMENT BY AND B ETWEEN THE SANGER TEXAS DEVELOPMENT CORPORATION AND THE TEXAS DEPARTMENT OF TRANSPORTATION FOR THE SALE OF PROPERY FOR HIGHWAY RIGHT OF WAY REQUIRED FOR THE CONSTRUCTION OR IMPROVEMENT OF IH 35. BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE SANGER TEXAS DEVELOPMENT CORPORATION, THAT: Section 1. The offer by the Texas Department of Transportation attached hereto as Exhibit A, referencing 88,425 square foot (2.030 acres) parcel of land out of the R.A. Johnson Survey, Abstract No. 666, Parcel 48, located E/s of IH 35, 0.29 mile south of Southside Drive, Sanger, Texas 76266, for the purchase of property deemed necessary for the construction or improvement of the IH 35 highway project is accepted and approved. Section 2. The President of the Board be, and he is hereby, authorized and directed to execute a contract by and between Sanger Texas Development Corporation and the Texas Department of Transportation to sell 2.030 acres for right-of-way, in the amount of Thirty-Three Thousand Four Hundred Forty-Two and NO/100 Dollars ($33,442.00) required for the construction or improvement of IH 35. The President is further authorized to execute a deed, closing statement and such other and further documents as may be necessary to complete the sale on behalf of the Corporation. PASSED AND APPROVED on this the 23 rd day of June, 2020. APPROVED: ____________ John Payne, President Board of Director ATTEST: ____________ Shani Bradshaw, Director of Economic Development EXHIBIT A Sanger Texas Development Corporation Bylaws 4B ECONOMIC DEVELOPMENT BOARD AGENDA MEMO AGENDA ITEM NO. 5. AGENDA MEETING DATE: June 23, 2020 TO: Shani Bradshaw, 4B FROM: Shani Bradshaw, Director of Economic Development ITEM/CAPTION: Resolution No. 06­05­20 Possession and Use Agreement Consider, Discuss, and Act on Resolution No. 06­05­20 Authorizing  the President of the Board to Execute a Possession and Use Agreement For Transportation Purposes with the Additional Payment of Independent Consideration between the Texas Department of Transportation and Sanger Development Corporation. AGENDA TYPE: Regular ACTION REQUESTED:  Approval, Resolution  BACKGROUND: The State is offering an incentive in the amount of $3,342.00 to the Sanger Development Corporation to take possession and use of the property until the settlement process has been completed.  LEGAL/BOARD COMMISSION RECOMMENDATIONS/CITIZEN NOTICE FEEDBACK: NA FINANCIAL SUMMARY ­ FUNDING/FISCAL IMPACT: NA FUNDS: NA STAFF RECOMMENDATION/ACTION DESIRED: Authorize the board president to sign the agreement on behalf of the Corporation.  ATTACHMENTS: Description Upload Date Type 4B ECONOMIC DEVELOPMENT BOARD AGENDA MEMOAGENDA ITEM NO. 5.AGENDA MEETING DATE: June 23, 2020TO: Shani Bradshaw, 4BFROM: Shani Bradshaw, Director of Economic DevelopmentITEM/CAPTION:Resolution No. 06­05­20 Possession and Use AgreementConsider, Discuss, and Act on Resolution No. 06­05­20 Authorizing  the President of the Board to Execute aPossession and Use Agreement For Transportation Purposes with the Additional Payment of IndependentConsideration between the Texas Department of Transportation and Sanger Development Corporation.AGENDA TYPE: RegularACTION REQUESTED:  Approval, Resolution BACKGROUND:The State is offering an incentive in the amount of $3,342.00 to the Sanger Development Corporation to takepossession and use of the property until the settlement process has been completed. LEGAL/BOARD COMMISSION RECOMMENDATIONS/CITIZEN NOTICE FEEDBACK:NAFINANCIAL SUMMARY ­ FUNDING/FISCAL IMPACT:NAFUNDS:NASTAFF RECOMMENDATION/ACTION DESIRED:Authorize the board president to sign the agreement on behalf of the Corporation.  ATTACHMENTS: Description Upload Date Type Resolution Approving the PUA 6/19/2020 Cover Memo Exhibit A 6/18/2020 Cover Memo Possession and Use Agreement (PUA)6/18/2020 Cover Memo RESOLUTION NO. 06-05-20 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE SANGER TEXAS DEVELOPMENT CORPORATION (SEDC) AUTHORIZING THE PRES IDENT OF THE BOARD TO EXECUTE A POSSESSION AND USE AGREEMENT FOR TRANSPORTATION PURPOSES WITH ADDITIONAL PAYMENT OF INDEPENDENT CONSIDERATION BY AND B ETWEEN THE SANGER TEXAS DEVELOPMENT CORPORATION AND THE TEXAS DEPARTMENT OF TRANSPORTATION . BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE SANGER TEXAS DEVELOPMENT CORPORATION, THAT: Section 1. The Possession and Use Agreement for Transportation Purposes by the Texas Department of Transportation attached hereto as Exhibit A, referencing 88,425 square foot (2.030 acres) parcel of land out of the R.A. Johnson Survey, Abstract No. 666, Parcel 48, located E/s of IH 35, 0.29 mile south of Southside Drive, Sanger, Texas 76266, granting to the State, its contractors, agents and all others deemed necessary by the State of Texas, an irrevocable right to possession and use of the property deemed necessary for the construction or improvement of the IH 35 highway project. Section 2. The President of the Board be, and he is hereby, authorized and directed to execute a “Possession and Use Agreement for Transportation Purposes With Additional Payment of Independent Consideration” for a consideration of Three Thousand Three Hundred Forty-Four and 20/100 Dollars ($3,344.20) with the State of Texas to release access rights to the 2.030 acres designated for highway right of way. PASSED AND APPROVED on this the 23 rd day of June, 2020. APPROVED: ____________ John Payne, President Board of Director ATTEST: ____________ Shani Bradshaw, Director of Economic Development EXHIBIT A Sanger Texas Development Corporation Bylaws Form ROW -N-PUAIC (Rev. 04/17) Page 1 of 5 POSSESSION AND USE AGREEMENT FOR TRANSPORTATION PURPOSES WITH ADDITIONAL PAYMENT OF INDEPENDENT CONSIDERATION STATE OF TEXAS § ROW CSJ: 0195-02-079 § Parcel No.: 48 COUNTY OF DENTON § Project No.: N/A This Possession and Use Agreement For Transportation Purposes (the “Agreement”) between the State of Texas, acting by and through the Texas Department of Transportation (the “State”) , and Sanger 4B Economic Development Corporation (the “Grantor” whether one or more), grants to the State, its contractors, agents and all others deemed necessary by the State, an irrevocable right to possession and use of the Grantor’s property for the purpose of constructing a portion of Highway No. IH35 (the “Highway Construction Project”). The property subject to this Agreement is described more fully in field notes and plat map (attached as “Exhibit A”) and made a part of this Agreement by reference (the “Property”). 1. For the consideration paid by the State which is set forth in Paragraphs 2 and 3 below, the receipt and sufficiency of which is acknowledged, the Grantor grants, bargains, sells and conveys to the State of Texas the right of entry and exclusive possession and use of the Property for the purpose of constructing a highway and appurtenances thereto and the right to remove any improvements. Authorized activities include surveying, inspection, environmental studies, archeological studies, clearing, demolition, construction of permanent improvements, relocating, replacing, and improving existing utility facilities, locating new utility facilities, and other work required to be performed in connection with the Highway Construction Project. This Possession and Use Agreement will extend to the State, its contractors and assigns, owners of any existing utilities on the Property and those which may be lawfully permitted on the Property by the State in the future, and all others deemed necessary by the State for the purpose of the Highway Construction Project. This grant will allow the construction, relocation, replacement, repair, improvement, operation and maintenance of utilities on the Property. 2. In full consideration for this irrevocable grant of possession and use and other Grantor covenants, warranties, and obligations under this Agreement, the State will tender to the Grantor the sum of Zero Dollars and NO/100 ($0.00). The Grantor agrees that this sum represents adequate and full compensation for the possession and use of the Property. The State will be entitled to take possession and use of the Property upon tender of payment. The parties agree that the sum tendered represents 0% of the State's approved value, which assumes no adverse environmental conditions affecting the value of the Property. The approved value is the State’s determination of the just compensation owed to the Grantor for the real property interest to be acquired by the State in the Property, encumbered with the improvements thereon, if any, and damages to the remainder, if any, save and except all oil, gas and sulphur. The parties agree that the sum tendered to Grantor will be deducted from any final settlement amount, Special Commissioners’ award or court judgment. In the event the amount of the final settlement or judgment for acquisition of the Property is less than the amount the State has paid for the possession and use of the Property, then the Grantor agrees that the original amount tendered represents an overpayment for the difference and, upon written notice from the State, the Grantor will Form ROW -N-PUAIC (Rev. 04/17) Page 2 of 5 promptly refund the overpayment to the State. 3. As additional consideration, the State will tender to the Grantor the sum of Three Thousand Three Hundred Forty-Four and 20/100 Dollars ($3,344.20), the receipt and sufficiency of which is acknowledged. The parties agree that the sum tendered under this Paragraph 3: (i) is independent consideration for the possession and use of Grantor’s Property and represents no part of the State’s compensation to be paid for the anticipated purchase of the Property; and (ii) will not be refunded to the State upon any acquisition of the Property by the State. 4. The effective date of this Agreement will be the date on which payment pursuant to Paragraphs 2 and 3 above was tendered to the Grantor by the State, or disbursed to the Grantor by a title company acting as escrow agent for the transaction, (the “Effective Date”). 5. The Grantor warrants and represents that the title to the Property is free and clear of all liens and encumbrances or that proper releases will be executed for the Property prior to funds being disbursed under this Agreement. The Grantor further warrants that no other person or entity owns an interest in the fee title to the Property and further agrees to indemnify the State from all unreleased or undisclosed liens, claims or encumbrances affecting the Property. 6. The parties agree that the valuation date for determining the amount of just compensation for the real property interest proposed to be acquired by the State in the Property, for negotiation or eminent domain proceeding purposes, will be the Effective Date of this Agreement. The State agrees to commence imminent domain proceedings within 120 days after an impasse occurs in negotiations with Grantor for just compensation for the real property interest to be acquired. Either party may declare an impasse by serving written notice to the other party or its authorized agent. 7. This Agreement is made with the understanding that the State will continue to proceed with acquisition of a real property interest in the Property. The Grantor reserves all rights of compensation for the title and interest in and to the Property which the Grantor holds as of the time immediately prior to the Effective Date of this Agreement. This Agreement shall in no way prejudice the Grantor’s rights to receive full and just compensation as allowed by law for all of the Grantor’s interests in and to the Property to be acquired by the State, encumbered with the improvements thereon, if any, and damages, if any, to the remainder of the Grantor’s interest in any larger tract of which the Property is a part (the “Remainder”), if any; all as the Property exists on the Effective Date of this Agreement. The State’s removal or construction of improvements on the Property shall in no way affect the fair market value of the Property in determining compensation due to the Grantor in the eminent domain proceedings. There will be no project impact upon the appraised value of the Property. This grant will not prejudice the Grantor’s rights to any relocation benefits for which Grantor may be eligible. 8. In the event the State institutes or has instituted eminent domain proceedings, the State will not be liable to the Grantor for interest upon any award or judgment as a result of such proceedings for any period of time prior to the date of the award. Payment of any interest may be deferred by the State until entry of judgment. 9. The purpose of this Agreement is to allow the State to proceed with its Highway Construction Project without delay and to allow the Grantor to have the use at this time of a percentage of the estimated Form ROW-N-PUAIC (Rev. 04/17) Page 3 of 5 compensation for the State’s acquisition of a real property interest in the Property. The Grantor expressly acknowledges that the proposed Highway Construction Project is for a valid public use and voluntarily waives any right the Grantor has or may have, known or unknown, to contest the jurisdiction of the court in any condemnation proceeding for acquisition of the Property related to the Highway Construction Project, based upon claims that the condemning authority has no authority to acquire the Property through eminent domain, has no valid public use for the Property, or that acquisition of the Property is not necessary for the public use. 10. The Grantor reserves all of the oil, gas and sulphur in and under the land herein conveyed but waives all right of ingress and egress to the surface for the purpose of exploring, d eveloping, mining or drilling. The extraction of oil, gas and minerals may not affect the geological stability of the surface. Nothing in this reservation will affect the title and rights of the State to take and use all other minerals and materials thereon, and thereunder. 11. The undersigned Grantor agrees to pay as they become due, all ad valorem property taxes and special assessments assessed against Property, including prorated taxes for the year in which the State takes title to the Property. 12. Notwithstanding the acquisition of right of possession to the Property by the State in a condemnation proceeding by depositing the Special Commissioners’ award into the registry of the court , less any amounts tendered to the Grantor pursuant to Paragraph 2 above, this Agreement shall continue to remain in effect until the State acquires title to the Property either by negotiation, settlement, or final court judgment. 13. This Agreement will also extend to and bind the heirs, devisees, executors, administrators, legal representatives, successors in interest and assigns of the parties. 14. It is agreed the State will record this document. 15. Other conditions: N/A. To have and to hold the Agreement herein described and conveyed, together with all the rights and appurtenances belonging to the State of Texas and its assigns forever, for the purposes and subject to the limitations set forth above. Form ROW-N-PUAIC (Rev. 04/17) Page 4 of 5 GRANTOR: Sanger 4B Economic Development Corporation By: ____________________________________ Title: ___________________________________ (if GRANTOR is an entity other than an individual person) Date: ____________________ Corporate Acknowledgment State of Texas County of __________ This instrument was acknowledged before me on , 2020 by , of Sanger 4B Economic Development Corporation, on behalf of said corporation. Notary Public's Signature Form ROW -N-PUAIC (Rev. 04/17) Page 5 of 5 THE STATE OF TEXAS Executed by and approved for the Texas Transportation Commission for the purpose and effect of activating and/or carrying out the orders, established policies or work programs heretofore approved and authorized by the Texas Transportation Commission. By: __________________________________________ Craig Dearman, Dallas District ROW Manager Date: _________________________________________ STATE OF TEXAS § § COUNTY OF DALLAS § This instrument was acknowledged before me on the _______ day of ___________________, 2020, by Craig Dearman, the Dallas District ROW Manager of the Texas Department of Transportation, a state agency, on behalf of said agency. Notary Public's Signature 4B ECONOMIC DEVELOPMENT BOARD AGENDA MEMO AGENDA ITEM NO. 6. AGENDA MEETING DATE: June 23, 2020 TO: Shani Bradshaw, 4B FROM: Shani Bradshaw, Director of Economic Development ITEM/CAPTION: Fiscal Year 2020­2021 Budget Discuss, Consider and Act on the Fiscal Year 2020­2021 Budget. AGENDA TYPE: Regular ACTION REQUESTED:  Approval  BACKGROUND: At the last Board meeting, staff was asked to research past board meeting minutes regarding the $50,000 for grant projects. On April 17, 2018, the Board approved two grant programs that were presented by Mr. Berman. The Grant Programs are attached for your review.  The Board also made a motion to expend funds not to exceed $85,000 for the Pavilion located at Porter Park.  On June 28, 2018, Mr. Berman presented the 2018/2019 annual budget which included $50,000 dedicated to any grant the Board decided to award for that fiscal year.   LEGAL/BOARD COMMISSION RECOMMENDATIONS/CITIZEN NOTICE FEEDBACK: NA FINANCIAL SUMMARY ­ FUNDING/FISCAL IMPACT: NA FUNDS: NA STAFF RECOMMENDATION/ACTION DESIRED: APPROVE the Fiscal Year 2020­2021 Budget. 4B ECONOMIC DEVELOPMENT BOARD AGENDA MEMOAGENDA ITEM NO. 6.AGENDA MEETING DATE: June 23, 2020TO: Shani Bradshaw, 4BFROM: Shani Bradshaw, Director of Economic DevelopmentITEM/CAPTION:Fiscal Year 2020­2021 BudgetDiscuss, Consider and Act on the Fiscal Year 2020­2021 Budget.AGENDA TYPE: RegularACTION REQUESTED:  Approval BACKGROUND:At the last Board meeting, staff was asked to research past board meeting minutes regarding the $50,000 for grantprojects. On April 17, 2018, the Board approved two grant programs that were presented by Mr. Berman. The GrantPrograms are attached for your review.  The Board also made a motion to expend funds not to exceed $85,000 for thePavilion located at Porter Park.  On June 28, 2018, Mr. Berman presented the 2018/2019 annual budget whichincluded $50,000 dedicated to any grant the Board decided to award for that fiscal year.  LEGAL/BOARD COMMISSION RECOMMENDATIONS/CITIZEN NOTICE FEEDBACK:NAFINANCIAL SUMMARY ­ FUNDING/FISCAL IMPACT:NAFUNDS:NASTAFF RECOMMENDATION/ACTION DESIRED:APPROVE the Fiscal Year 2020­2021 Budget. ATTACHMENTS: Description Upload Date Type 4B FY 2020­2021 Budget 6/17/2020 Cover Memo Minutes Approving Grants 6/18/2020 Cover Memo Grants 6/18/2020 Cover Memo G/L ACCOUNT ACCOUNT NAME 2017-18 ACTUAL 2018-19 ACTUAL 2019-2020 BUDGET 76-5210 OFFICE SUPPLIES - - - 76-5215 FOOD - - - 76-5226 MARKETING & PROMOTION - - - 76-5235 DUES & SUBSCRIPTIONS - - - 76-5240 CONFERENCES AND TRAINING - - - 76-5280 COMPUTER SUPPLIES - - - 76-5285 FURNITURE AND FIXTURES - - - 76-5310 R & M BUILDING - - - 76-5332 OFFICE MACHINE LEASE - - - 76-5425 LEGAL EXPENSE - - - 76-5430 PROFESSIONAL SERVICE - - - 76-5450 TECHNICAL SUPPORT - - - 76-5451 ANNUAL SOFTWARE SUPPORT - - - 76-5455 COMPREHENSIVE PLAN UPDATE - - 40,000 76-5515 ELECTRIC - - - 76-5516 GAS SERVICE - - - 76-5610 GRANT EXPENSE - - - 76-6111 LAND PURCHASE - SPORTS COMPLEX - - - 76-6112 LAND PURCHASE - MILAR - - - 76-6113 HIKE AND BIKE TRAIL - - - 76-6114 CONSTRUCTION HIKE & BIKE TRAIL - - - 76-6115 SPECIAL PROJECTS - 18,614 - 76-6116 COMMUNITY PROJECTS - - 50,000 76-6500 PROJECT - STREETSCAPE - - - CAPITAL REQUEST #1 CAPITAL REQUEST #2 CAPITAL REQUEST #3 CAPITAL REQUEST #4 CAPITAL REQUEST #5 TOTALS - 18,614 90,000 YEAR-TO- DATE PROJECTED YEAR END 2020-21 PROPOSED BUDGET 2020-21 10% DECREASE BUDGET - - 400 - - - - - - - 10,000 - - - 600 - - - 800 - - - 250 - - - - - - - - - - 600 - - - 1,000 - - - 10,000 - - 500 - - - 875 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 25,025 - 10% DECREASE BUDGET SHOULD BE:81,000 VARIANCE:(81,000) SANGER TEXAS DEVELOPMENT CORPORATION GRANT GUIDELINES Fiscal Year 2019-2020 Promotional and Community Event Grants: Application Deadline Presentation to STDC Board Board Vote and Award Notification Cycle I: November 29, 2019 December 2019 January 2020 Cycle II: May 29, 2020 June 2020 July 2020 Project Grants: Application Deadline Presentation to STDC Board Board Vote and Award Notification Cycle I: January 3, 2020 February 2020 March 2020 Cycle II: March 27, 2020 April 2020 May 2020 Cycle III: June 26, 2020 July 2020 August 2020 For Additional Information Shani Bradshaw 201 Bolivar St • Sanger, TX • 76266 940.458.2059 phone 940.458.4072 fax • sbradshaw@sangertexas.org STDC Funding Guidelines - 2 - FY 18 SANGER TEXAS DEVELOPMENT CORPORATION GRANT GUIDELINES FY 2018 In 1996 Sanger voters approved the creation of a 4B (now Type B) sales tax corporation to support community and economic development projects and initiatives to enhance quality of life improvements and economic growth for Sanger residents. STDC receives revenue from a half-cent sales tax and awards grant funds for projects, promotional activities and community events that benefit the community, support economic development and showcase the City of Sanger. Guided by a City Council-appointed board of seven Sanger residents, the impact of investments made by STDC can be seen throughout the community. Projects eligible for funding are authorized under The Development Corporation Act and (Chapters 501 to 505 of the Texas Local Government Code). To proactively work, in partnership with others, to promote and fund community, cultural and economic development projects that maintain and enhance the quality of life in Sanger and contribute to business development. Guiding Principles: • Serve ethically and with integrity • Provide responsible stewardship • Embrace our role and responsibility • Honor the past – provide innovative leadership for the future • Make strategic and transparent decisions that best serve the community • Ensure application/project eligibility for STDC consideration under Sections 501 to 505 of the Texas Local Government Code (see information below) • Meet citizen needs for quality of life improvements, business development and sustainable economic growth for residents in the City of Sanger • Provide support for cultural, sports, fitness, entertainment, community projects and events that attract resident and visitor participation and contribute to quality of life, business development and increased Sanger sales tax revenue • Highlight and promote Sanger as a unique destination for residents and visitors alike Sanger Texas Development Corporation – Overview Sanger Texas Development Corporation – Mission Sanger Texas Development Corporation – Goals STDC Funding Guidelines - 3 - FY 18 • Demonstrate informed financial planning – addressing long-term costs, budget consequences and sustainability of projects for which funding is requested • Educate the community about the impact that local dining and shopping has on investment in quality of life improvements in Sanger Sanger Texas Development Corporation provides two distinct types of grant opportunities: Project Grants provide financial support for projects eligible for consideration under Sections 501 and 505 of the Texas Local Government Code. These include: • Projects Related to the Creation or Retention of Primary Jobs • Infrastructure Improvement Projects Necessary to Develop New or Expanded Business Enterprises • Public Parks and Open Space Improvements • Projects Related to Recreational or Community Facilities • Professional and Amateur Sports and Athletic Facilities, including Children’s Sports • Entertainment, Tourist and Convention Facilities • Projects Related to Low Income Housing • Mass Transit-Related Facilities • Airport Facilities Promotional and Community Event Grants provide financial support (not to exceed $10,000 per grant) for initiatives, activities and events that promote the City of Sanger for the purpose of developing new or expanded business opportunities, to attract visitors to our community and enhance quality of life for Sanger residents. • Applications must be completed in full, providing all information requested, to be considered by the STDC board. • Applicant must have been in business (preferably within the City of Sanger) for a minimum of two (2) years. Economic development projects may be excluded from this requirement. • Project grant application must illustrate how Texas Local Government code eligibility requirements are met (list appears above). • Projects must be for public use or otherwise meet the definition of “Project” as that term is defined in state law. • Promotional/Community Event grant applications must demonstrate how the event will promote Sanger for the purpose of business development and/or tourism. • Promotional/Community Events must be open to the public. • Grant funds awarded for Promotional/Community events may only be used for marketing, outreach, advertising and promotion of the event. • Project/Promotional/Community Event must be well-planned with stated goals, objectives and evaluation measures that demonstrate impact to the community. • For Project grants, the Applicant must own the land or facility where the proposed project will be located. If the Applicant does not own the land, written acknowledgement/ approval from the property owner must be included with the application. The letter must document the property owner is aware of the proposed use of the property or facility; and the property owner has reviewed the project plan and application, approves and supports the efforts of the Applicant. • Preference may be given to Applicants who have not received funding from STDC within the previous 12-month period. Types of Grants Available Guidelines STDC Funding Guidelines - 4 - FY 18 • Preference may be given to Applicants who develop and demonstrate multiple revenue streams to financially support Project/Promotion/Community Event for which grant funds are requested – and are not applying to other City of Sanger entities (e.g. Arts Commission, City of Sanger Community Support Grants). • Performance agreements will be required for all approved grants. • Approved Project/Promotional/Community Event must be completed within one year, or consistent with performance agreement. Promotional and Community Event Grants: Application Deadline Presentation to STDC Board Board Vote and Award Notification Cycle I: November 30, 2019 December 2019 January 2020 Cycle II: May 31, 2020 June 2020 July 2020 Project Grants: Application Deadline Presentation to STDC Board Board Vote and Award Notification Cycle I: January 3, 2020 January 2020 February 2020 Cycle II: March 31, 2020 April 2020 May 2020 Cycle III: June 30, 2020 July 2020 August 2020 Grant applications are considered based on the schedule above. Applications are available at www.sangertexas.org. They may also be obtained by calling 940.458.2059 or emailing sbradshaw@sangertexas.org. Deadlines for submission under the categories and cycles listed above are strictly followed. Please call to discuss your proposed project or event prior to completing and submitting an application. A preliminary review of your proposal or idea, by the STDC board, can be obtained by submitting a Letter of Inquiry form, available at www.sangertexas.org or by calling 940.458.2059 or emailing sbradshaw@sangertexas.org. Please note: a completed application and all supporting documents are required to be submitted via email or on a thumb drive delivered to the STDC office. The Sanger Texas Development Corporation Board of Directors are responsible for reviewing and voting on applications for funding projects and initiatives in accordance with state law. The board consists of seven members, appointed by the Sanger City Council. The Application Review Process is outlined below. • Completed applications must be submitted to STDC via email or on a thumb drive in accordance with the 2018 grant schedule outlined above. Application Process Review Process STDC Funding Guidelines - 5 - FY 18 • Applications may be reviewed by STDC legal counsel to determine eligibility for STDC funding under state law. • Once eligibility for consideration is confirmed, Applicants will be notified and placed on the meeting agenda to make a presentation to the board. Following the presentation, board members will have an opportunity to ask questions of the applicant. Please note: this is a formal presentation and time limits may be imposed. • A public hearing, with notice of the application and request for project funding will be published and posted in accordance with the requirements of the Open Meetings Act and the Texas Local Government Code. The application along with all documents/attachments included will become public information once submitted to STDC. • Board members will evaluate applications and presentations and prepare to take action on the request at a future STDC board meeting. Please refer to the 2019 Grants Calendar for the schedule. • Applications may be referred to a board subcommittee for additional research and evaluation. • Board action will generally be scheduled for the following month’s board meeting. However, the schedule may be delayed if the board determines additional research and/or discussion is warranted. When action is taken, the board may approve, table or reject an application, by a majority vote of the board. • Applications approved by the STDC board for economic development or capital projects will require additional approval by the Sanger City Council. • Funds awarded for approved applications are provided on a reimbursement basis. • The final 20% of the award will be paid upon receipt of the final report and compliance with all requirements of the performance agreement. Please contact STDC staff to discuss your Project or Promotional Grant idea, secure additional information and answer your questions - prior to submitting your grant application. Please note: STDC funds will become available to an approved applicant 60 days after the date of publication of the Notice of Public Hearing referenced above. Sanger Texas Development Corporation board members will consider the following information when evaluating applications: • Application was completed in full • Availability of FY 18 grant funds • Eligibility under state law • Applicant’s funding history • Alignment with STDC mission and strategic priorities • Alignment with City of Sanger strategic priorities • Evidence of private or public financial support in addition to grant request submitted to STDC • Potential to achieve Project/Promotional/Community Event goals • Demonstrates positive impact on Sanger • Potential for significant return on investment Evaluation STDC Funding Guidelines - 6 - FY 18 • Applicant’s sustainability – healthy finances, sound business plan, strong mission and programs, proven results, stable staff • Each approved project will require the execution of a performance agreement with STDC. The agreement ensures Applicant acknowledgement of all requirements and that funds are expended in accordance with conditions outlined and provides recourse to STDC in the event of default. • Funds for approved grants will be expended on a reimbursement basis. Copies of paid invoices/ receipts, along with a formal letter requesting reimbursement, must be provided to STDC to ensure compliance with state statutes and the terms of the performance agreement. Once verified, STDC will process the request for payment. • Grantee must maintain financial books and records of the funded Project/Promotional/Community Event and of their operations as a whole for at least two years after the conclusion of the Project/Promotional/Community Event should STDC or the City of Sanger require an audit. The books and records must be available upon request, and create a clear audit trail documenting revenues and expenses of the funded Project/Promotional/Community Event. • Grantee may be required to provide written quarterly reports on the status of the Project/Promotional/ Community Event to STDC. • Within 30 days of the completion of the funded Project/Promotional/Community Event, Grantee is required to submit a final report that includes detailed information on the performance of the Project/Promotional/Community Event; performance against the metrics established in the grant application; visual representation (photos, printed promotions and collateral, etc.) that documents all requirements of the performance agreement were fulfilled; and any outstanding receipts for expenditures included under the scope of the grant. An oral presentation to the board, on the completed Project/Promotional/Community Event may be requested. • Grantee must recognize Sanger Texas Development Corporation as a sponsor/funder of the Project/Promotional/Community Event in all advertising, marketing, publicity and promotional vehicles, using the following (or substantially similar) verbiage: “This (Project/Promotional/Community Event) is funded in part by the Sanger Community Development Corporation.” STDC will provide camera-ready logo art for placement on promotional and publicity materials. Please contact Shani Bradshaw, Director of Economic Development, at 940.458.2059, to discuss your proposal and plans prior to submitting an application. Applications are available at www.sangertexas.org. They may also be obtained by calling 940.458.2059 or emailing sbradshaw@sangertexas.org. Deadlines for submission under the categories and cycles listed above are strictly followed. If you are interested in a preliminary review of your proposal or idea by the STDC board, please complete the Letter of Inquiry form, available at www.sangertexas.org, by calling 940.458.2059 or emailing sbradshaw@sangertexas.org. Grantee Responsibilities Where to Apply 4B ECONOMIC DEVELOPMENT BOARD AGENDA MEMO AGENDA ITEM NO. 7. AGENDA MEETING DATE: June 23, 2020 TO: Shani Bradshaw, 4B FROM:  ITEM/CAPTION: Financial Reports AGENDA TYPE: Work Session ACTION REQUESTED:   BACKGROUND: NA LEGAL/BOARD COMMISSION RECOMMENDATIONS/CITIZEN NOTICE FEEDBACK: NA FINANCIAL SUMMARY ­ FUNDING/FISCAL IMPACT: NA FUNDS: NA STAFF RECOMMENDATION/ACTION DESIRED: NA ATTACHMENTS: Description Upload Date Type Balance Sheet ­ May 2020 6/18/2020 Cover Memo Revenue Expense Report ­ May 2020 6/18/2020 Cover Memo Trial Balance Report ­ May 2020 6/18/2020 Cover Memo 4B ECONOMIC DEVELOPMENT BOARD AGENDA MEMOAGENDA ITEM NO. 7.AGENDA MEETING DATE: June 23, 2020TO: Shani Bradshaw, 4BFROM: ITEM/CAPTION:Financial ReportsAGENDA TYPE: Work SessionACTION REQUESTED:  BACKGROUND:NALEGAL/BOARD COMMISSION RECOMMENDATIONS/CITIZEN NOTICE FEEDBACK:NAFINANCIAL SUMMARY ­ FUNDING/FISCAL IMPACT:NAFUNDS:NASTAFF RECOMMENDATION/ACTION DESIRED:NAATTACHMENTS:Description Upload Date TypeBalance Sheet ­ May 2020 6/18/2020 Cover Memo Revenue Expense Report ­ May 2020 6/18/2020 Cover Memo Trial Balance Report ­ May 2020 6/18/2020 Cover Memo Monthly Sales Tax Report 6/18/2020 Cover Memo 6-17-2020 10:24 AM CITY OF SANGER PAGE: 1 BALANCE SHEET AS OF: MAY 31ST, 2020 42 -4B CORPORATION ACCOUNT # ACCOUNT DESCRIPTION BALANCE _____________________________________________________________________________________________ ASSETS ====== 42-00-1000 CLAIM ON CASH 850,989.82 42-00-1010 CKG - 4B CASH (2379694) 193,304.43 42-00-1013 CD - 4B #653500 22,082.90 42-00-1014 CD - 4B #659924 21,839.58 42-00-1015 CD - 4B #664243 21,923.98 42-00-1016 CD - 4B #673277 21,866.65 42-00-1017 CD - 4B #686115 21,874.50 42-00-1018 CD - 4B #689521 21,784.19 42-00-1019 CD - 4B #694371 21,857.91 42-00-1020 CD - 4B #697230 21,972.21 42-00-1021 CD - 4B #699934 21,884.94 42-00-1022 CD - 4B #702285 21,686.09 42-00-1023 CD - 4B #706078 21,586.17 42-00-1024 CD - 4B #720097 21,355.95 42-00-1025 CD - 4B #720119 21,380.55 42-00-1153 SALES TAX RECEIVABLE 4,052.29 1,331,442.16 TOTAL ASSETS 1,331,442.16 ============== LIABILITIES =========== ______________ ______________ EQUITY ====== 42-00-3015 FUND BALANCE - RESTRICTED 1,221,622.57 TOTAL BEGINNING EQUITY 1,221,622.57 TOTAL REVENUE 347,742.09 TOTAL EXPENSES 237,922.50 TOTAL REVENUE OVER/(UNDER) EXPENSES 109,819.59 TOTAL EQUITY & REV. OVER/(UNDER) EXP. 1,331,442.16 TOTAL LIABILITIES, EQUITY & REV.OVER/(UNDER) EXP. 1,331,442.16 ============== 6-17-2020 10:25 AM CITY OF SANGER PAGE: 1 REVENUE & EXPENSE REPORT (UNAUDITED) AS OF: MAY 31ST, 2020 42 -4B CORPORATION FINANCIAL SUMMARY % OF YEAR COMPLETED: 66.67 CURRENT CURRENT PRIOR YEAR Y-T-D Y-T-D BUDGET % OF BUDGET PERIOD PO ADJUST. ACTUAL ENCUMBRANCE BALANCE BUDGET ___________________________________________________________________________________________________________________________________ REVENUE SUMMARY TAXES 385,000.00 41,691.76 0.00 344,166.21 0.00 40,833.79 89.39 INTEREST 1,000.00 441.02 0.00 3,575.88 0.00 ( 2,575.88 357.59 TOTAL REVENUES 386,000.00 42,132.78 0.00 347,742.09 0.00 38,257.91 90.09 EXPENDITURE SUMMARY 74-TRANSFERS 237,500.00 0.00 0.00 237,500.00 0.00 0.00 100.00 76-4B FUND 90,000.00 0.00 0.00 422.50 0.00 89,577.50 0.47 ___________________________________________________________________________________________________________________________________ TOTAL EXPENDITURES 327,500.00 0.00 0.00 237,922.50 0.00 89,577.50 72.65 REVENUE OVER/(UNDER) EXPENDITURES 58,500.00 42,132.78 0.00 109,819.59 0.00 ( 51,319.59 187.73 6-17-2020 10:25 AM CITY OF SANGER PAGE: 2 REVENUE & EXPENSE REPORT (UNAUDITED) AS OF: MAY 31ST, 2020 42 -4B CORPORATION FINANCIAL SUMMARY % OF YEAR COMPLETED: 66.67 CURRENT CURRENT PRIOR YEAR Y-T-D Y-T-D BUDGET % OF REVENUES BUDGET PERIOD PO ADJUST. ACTUAL ENCUMBRANCE BALANCE BUDGET ___________________________________________________________________________________________________________________________________ TAXES 00-4325 STATE SALES TAX 385,000.00 41,691.76 0.00 344,166.21 0.00 40,833.79 89.39 TOTAL TAXES 385,000.00 41,691.76 0.00 344,166.21 0.00 40,833.79 89.39 INTEREST 00-4800 INTEREST INCOME 1,000.00 441.02 0.00 3,575.88 0.00 ( 2,575.88 357.59 TOTAL INTEREST 1,000.00 441.02 0.00 3,575.88 0.00 ( 2,575.88 357.59 ___________________________________________________________________________________________________________________________________ TOTAL REVENUES 386,000.00 42,132.78 0.00 347,742.09 0.00 38,257.91 90.09 ============== ============ ============ ============= ============ ============ ====== 6-17-2020 10:25 AM CITY OF SANGER PAGE: 3 REVENUE & EXPENSE REPORT (UNAUDITED) AS OF: MAY 31ST, 2020 42 -4B CORPORATION 74-TRANSFERS % OF YEAR COMPLETED: 66.67 CURRENT CURRENT PRIOR YEAR Y-T-D Y-T-D BUDGET % OF DEPARTMENTAL EXPENDITURES BUDGET PERIOD PO ADJUST. ACTUAL ENCUMBRANCE BALANCE BUDGET ___________________________________________________________________________________________________________________________________ 74-TRANSFERS 74-7403 TRANSFER TO DSF 212,500.00 0.00 0.00 212,500.00 0.00 0.00 100.00 74-7441 TRANSFER TO 4A (ADMIN) 25,000.00 0.00 0.00 25,000.00 0.00 0.00 100.00 TOTAL 74-TRANSFERS 237,500.00 0.00 0.00 237,500.00 0.00 0.00 100.00 ___________________________________________________________________________________________________________________________________ TOTAL 74-TRANSFERS 237,500.00 0.00 0.00 237,500.00 0.00 0.00 100.00 6-17-2020 10:25 AM CITY OF SANGER PAGE: 4 REVENUE & EXPENSE REPORT (UNAUDITED) AS OF: MAY 31ST, 2020 42 -4B CORPORATION 76-4B FUND % OF YEAR COMPLETED: 66.67 CURRENT CURRENT PRIOR YEAR Y-T-D Y-T-D BUDGET % OF DEPARTMENTAL EXPENDITURES BUDGET PERIOD PO ADJUST. ACTUAL ENCUMBRANCE BALANCE BUDGET ___________________________________________________________________________________________________________________________________ 52-SUPPLIES AND MATERIALS ______________ ____________ ____________ _____________ ____________ ____________ ______ 54-CONTRACT SERVICES 76-5455 COMPREHENSIVE PLAN UPDATE 40,000.00 0.00 0.00 422.50 0.00 39,577.50 1.06 TOTAL 54-CONTRACT SERVICES 40,000.00 0.00 0.00 422.50 0.00 39,577.50 1.06 61-CAPITAL OUTLAY 76-6116 COMMUNITY PROJECTS 50,000.00 0.00 0.00 0.00 0.00 50,000.00 0.00 TOTAL 61-CAPITAL OUTLAY 50,000.00 0.00 0.00 0.00 0.00 50,000.00 0.00 65-CAPITAL PROJECTS ______________ ____________ ____________ _____________ ____________ ____________ ______ 70-DEBT PAYMENTS ______________ ____________ ____________ _____________ ____________ ____________ ______ 74-TRANSFERS ______________ ____________ ____________ _____________ ____________ ____________ ______ ___________________________________________________________________________________________________________________________________ TOTAL 76-4B FUND 90,000.00 0.00 0.00 422.50 0.00 89,577.50 0.47 TOTAL EXPENDITURES 327,500.00 0.00 0.00 237,922.50 0.00 89,577.50 72.65 ============== ============ ============ ============= ============ ============ ====== ** REVENUE OVER(UNDER) EXPENDITURES ** 58,500.00 42,132.78 0.00 109,819.59 0.00 ( 51,319.59 187.73 6-17-2020 10:24 AM CITY OF SANGER PAGE: 1 BASE TRIAL BALANCE AS OF: MAY 31ST, 2020 42 -4B CORPORATION *** MONTH TO DATE *** *** YEAR TO DATE *** ACCT# ACCOUNT NAME DEBITS CREDITS DEBITS CREDITS ______________________________________________________________________________________________________________________ ASSETS ====== 42-00-1000 CLAIM ON CASH 41,268.26 850,989.82 42-00-1010 CKG - 4B CASH (2379694) 278.94 193,304.43 42-00-1013 CD - 4B #653500 2.72 22,082.90 42-00-1014 CD - 4B #659924 13.42 21,839.58 42-00-1015 CD - 4B #664243 13.47 21,923.98 42-00-1016 CD - 4B #673277 13.44 21,866.65 42-00-1017 CD - 4B #686115 13.44 21,874.50 42-00-1018 CD - 4B #689521 13.38 21,784.19 42-00-1019 CD - 4B #694371 13.43 21,857.91 42-00-1020 CD - 4B #697230 13.50 21,972.21 42-00-1021 CD - 4B #699934 13.44 21,884.94 42-00-1022 CD - 4B #702285 13.32 21,686.09 42-00-1023 CD - 4B #706078 13.26 21,586.17 42-00-1024 CD - 4B #720097 13.12 21,355.95 42-00-1025 CD - 4B #720119 13.14 21,380.55 42-00-1153 SALES TAX RECEIVABLE 0.00 4,052.29 ______________ TOTAL ASSETS 41,710.28 0.00 1,331,442.16 0.00 ============== ============== ============== ============== LIABILITIES =========== 42-00-2000 ACCOUNTS PAYABLE CONTROL 422.50 0.00 ______________ TOTAL LIABILITIES 422.50 0.00 0.00 0.00 ============== ============== ============== ============== FUND BALANCE ============ 42-00-3015 FUND BALANCE - RESTRICTED 0.00 1,221,622.57 TOTAL EQUITY/FUND BALANCE 0.00 0.00 0.00 1,221,622.57 ============== ============== ============== ============== REVENUES ======== 42-00-4325 STATE SALES TAX 41,691.76 344,166.21 42-00-4800 INTEREST INCOME 441.02 3,575.88 TOTAL REVENUES 0.00 42,132.78 0.00 347,742.09 ============== ============== ============== ============== EXPENDITURES ============ 42-74-7403 TRANSFER TO DSF 0.00 212,500.00 42-74-7441 TRANSFER TO 4A (ADMIN) 0.00 25,000.00 42-76-5455 COMPREHENSIVE PLAN UPDATE 0.00 422.50 ______________ TOTAL EXPENDITURES 0.00 0.00 237,922.50 0.00 ============== ============== ============== ============== 6-17-2020 10:24 AM CITY OF SANGER PAGE: 2 BASE TRIAL BALANCE AS OF: MAY 31ST, 2020 42 -4B CORPORATION *** MONTH TO DATE *** *** YEAR TO DATE *** ACCT# ACCOUNT NAME DEBITS CREDITS DEBITS CREDITS ______________________________________________________________________________________________________________________ EXPENDITURES (CONT) ==================== ______________________________________________________________________________________________________________________ *** TOTALS BALANCE *** 42,132.78 42,132.78 1,569,364.66 1,569,364.66 ============== ============== ============== ============== *** END OF REPORT *** Month 2015 Total 2016 Total 2017 Total 2018 Total 2019 Total 2020 Total OCT 26,843 26,843 29,528 29,528 33,532 33,532 36,117 36,117 35,425 35,425 41,961 41,961 NOV 31,897 58,740 36,744 66,272 36,725 70,257 38,951 75,068 36,853 72,278 42,075 84,036 DEC 28,786 87,526 30,055 96,327 37,133 107,390 32,669 107,737 36,420 108,698 44,092 128,128 JAN 41,810 129,336 28,916 125,243 32,386 139,776 34,264 142,001 33,403 142,102 27,585 155,713 FEB 38,909 168,245 35,203 160,446 42,385 182,161 48,966 190,967 36,966 179,068 70,059 225,772 MAR 29,841 198,086 30,091 190,537 34,273 216,434 32,712 223,679 32,428 211,496 40,966 266,738 APR 29,329 227,415 31,321 221,858 29,088 245,522 28,440 252,119 32,984 244,481 35,736 302,474 MAY 33,641 261,056 34,401 256,259 42,345 287,867 39,427 291,546 43,134 287,615 41,692 344,166 JUN 29,030 290,086 32,746 289,005 30,853 318,720 31,811 323,357 36,456 324,071 JUL 27,800 317,886 32,803 321,808 35,710 354,430 34,802 358,159 36,977 361,048 AUG 35,487 353,373 37,628 359,436 42,725 397,155 39,661 397,820 42,598 403,646 SEP 33,366 386,739 31,646 391,082 38,361 435,516 38,280 436,100 38,860 442,506 TOTAL 386,739 386,739 391,082 391,082 435,516 435,516 436,100 436,100 442,506 442,506 344,166 302,474 BUDGET 320,000 66,739 362,500 28,582 362,500 73,016 385,000 51,100 385,000 57,506 385,000 (82,526) Actual Actual %Actual Actual % 2019 2020 Change 2019 2020 Change 43,134 41,692 -3.3%287,615 344,166 19.7% Year to Date 4A & 4B SALES TAX REVENUE REPORT MaySales Tax Collection 386,739 391,082 435,516 436,100 442,506 344,166 0 50,000 100,000 150,000 200,000 250,000 300,000 350,000 400,000 450,000 500,000 2015 2016 2017 2018 2019 2020 TOTAL REVENUE 2015-2020