10/06/2020-4A-Agenda Packet-RegularAGENDA
4A ECONOMIC DEVELOPMENT BOARD
TUESDAY, OCTOBER 6, 2020
1:00 PM
HISTORIC CHURCH BUILDING 403 NORTH 7TH STREET
SANGER, TEXAS
1.Call Meeting to Order
2.Approval of Minutes
Discuss, Consider and Possible Action on Approval of the Minutes from the September 8, 2020
Board Meeting.
3.Local and Regional Profile Report
Discuss, Consider and Possibly Act on Authorizing the EDC Director to Execute an Agreement and
Sign Related Documents with EDP Best Practices, LLC to Create a Local and Regional Profile
Report.
4.Sanger Industrial Development Corporation 2020 Action Plan
Discuss and Consider Action Plan Objectives.
5.Review Monthly Reports
A. Sales Tax Report
B. Finance Report
C. Director Update
6.Election of Officers
Discuss, Consider and Possible Action on Electing Officers for the Sanger Industrial Development
Corporation.
7.Future Agenda Items and Meetings
Board members shall not comment upon, deliberate, or discuss any item that is not on
the agenda.
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.
AGENDA4A ECONOMIC DEVELOPMENT BOARDTUESDAY, OCTOBER 6, 20201:00 PMHISTORIC CHURCH BUILDING 403 NORTH 7TH STREETSANGER, TEXAS1.Call Meeting to Order2.Approval of MinutesDiscuss, Consider and Possible Action on Approval of the Minutes from the September 8, 2020Board Meeting.3.Local and Regional Profile ReportDiscuss, Consider and Possibly Act on Authorizing the EDC Director to Execute an Agreement andSign Related Documents with EDP Best Practices, LLC to Create a Local and Regional ProfileReport.4.Sanger Industrial Development Corporation 2020 Action PlanDiscuss and Consider Action Plan Objectives. 5.Review Monthly ReportsA. Sales Tax ReportB. Finance ReportC. Director Update6.Election of OfficersDiscuss, Consider and Possible Action on Electing Officers for the Sanger Industrial DevelopmentCorporation.7.Future Agenda Items and MeetingsBoard members shall not comment upon, deliberate, or discuss any item that is not onthe agenda.8.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 the
scheduled time of said meeting and shall remain posted until meeting is adjourned.
Jeriana Staton, Deputy 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.
4A ECONOMIC DEVELOPMENT BOARD AGENDA MEMO
AGENDA ITEM NO. 2.
AGENDA MEETING DATE: October 6, 2020
TO: Shani Bradshaw, 4B
FROM: Shani Bradshaw, Director of Economic Development
ITEM/CAPTION:
Approval of Minutes
Discuss, Consider and Possible Action on Approval of the Minutes from the September 8, 2020 Board Meeting.
AGENDA TYPE: Consent Agenda
ACTION REQUESTED: Approval
BACKGROUND:
NA
LEGAL/BOARD COMMISSION RECOMMENDATIONS/CITIZEN NOTICE FEEDBACK:
NA
FINANCIAL SUMMARY FUNDING/FISCAL IMPACT:
NA
FUNDS:
AN
STAFF RECOMMENDATION/ACTION DESIRED:
APPROVE the minutes from the September 8, 2020 board meeting.
ATTACHMENTS:
Description Upload Date Type
4A Board Meeting Minutes 982020 9/24/2020 Cover Memo
MINUTES
4A ECONOMIC DEVELOPMENT BOARD
TUESDAY, SEPTEMBER 8, 2020
1:00 PM
HISTORIC CHURCH BUILDING 403 NORTH 7TH STREET
SANGER, TEXAS
COMMISSION MEMBERS PRESENT:
Elizabeth Springer, Drew Hall, Sue Alison, Victor Gann
COMMISSION MEMBERS ABSENT:
STAFF MEMBERS PRESENT:
Shani Bradshaw, Stefani Dodson
1.Call Meeting to Order
1:01 PM
2.Approval of Minutes
Discuss and take action on the July 21, 2020 board meeting minutes.
A motion was made by Victor Gann to Motion. The motion was seconed by Drew Hall. The motion
with a 30 vote (Absent: Allison)
3.Election of Officers
Discuss and take action on electing officer positions within the 4A Board.
A motion was made by Drew Hall to Motion. The motion was seconed by Victor Gann. Tabled until
all members are present The motion with a 30 vote (Absent: Allison)
4.Sanger Industrial Development Corporation 2020 Action Plan
Discuss and take action on the Sanger Texas Industrial Development Corporation 2020 Action
Plan.
A motion was made by Sue Allison to Motion. The motion was seconed by Victor Gann. Shani
touches base with the board about the action plan. The board has a brief discussion about the
action plan. Victor Gann states he thinks they should trust the processThe motion with a 40 vote
5.Financial Reports
Review financial reports.
Shani updates the financial report.
6.Citizen Comments
MINUTES4A ECONOMIC DEVELOPMENT BOARDTUESDAY, SEPTEMBER 8, 20201:00 PMHISTORIC CHURCH BUILDING 403 NORTH 7TH STREETSANGER, TEXASCOMMISSION MEMBERS PRESENT:Elizabeth Springer, Drew Hall, Sue Alison, Victor GannCOMMISSION MEMBERS ABSENT:STAFF MEMBERS PRESENT:Shani Bradshaw, Stefani Dodson1.Call Meeting to Order1:01 PM2.Approval of MinutesDiscuss and take action on the July 21, 2020 board meeting minutes. A motion was made by Victor Gann to Motion. The motion was seconed by Drew Hall. The motion with a 30 vote (Absent: Allison)3.Election of OfficersDiscuss and take action on electing officer positions within the 4A Board. A motion was made by Drew Hall to Motion. The motion was seconed by Victor Gann. Tabled untilall members are present The motion with a 30 vote (Absent: Allison)4.Sanger Industrial Development Corporation 2020 Action PlanDiscuss and take action on the Sanger Texas Industrial Development Corporation 2020 ActionPlan.A motion was made by Sue Allison to Motion. The motion was seconed by Victor Gann. Shanitouches base with the board about the action plan. The board has a brief discussion about theaction plan. Victor Gann states he thinks they should trust the processThe motion with a 40 vote 5.Financial ReportsReview financial reports.Shani updates the financial report.
6.Citizen Comments
No Citizens
7.Adjourn
1:41 PM
4A ECONOMIC DEVELOPMENT BOARD AGENDA MEMO
AGENDA ITEM NO. 3.
AGENDA MEETING DATE: October 6, 2020
TO: Shani Bradshaw, 4B
FROM: Shani Bradshaw, Director of Economic Development
ITEM/CAPTION:
Local and Regional Profile Report
Discuss, Consider and Possibly Act on Authorizing the EDC Director to Execute an Agreement and Sign Related
Documents with EDP Best Practices, LLC to Create a Local and Regional Profile Report.
AGENDA TYPE: Regular
ACTION REQUESTED: Approval
BACKGROUND:
Sanger has a lot of great land opportunities and prospects are looking hard at Sanger, so Staff is seeking a professional
onestop shop document to help market Sanger. The Local and Regional Profile report is a comprehensive summary of
all aspects of working and living in our region with stats and graphics. This information can also be used for our website
and RFP response. Data information in this reports will include population, income, education, public safety, park &
recreation, water, sewer, entertainment, hospitality, healthcare, major employers, housing, highways, airports, rail, ports,
taxes, local and state incentives and workforce. This will be a single documents with multiple uses. This document will
also be helpful when staff receives leads from the State and/or Dallas Chamber office. There is usually a 1224 hour
window to respond and it's hard to do when your scrambling to find the data they're seeking. The Local and Regional
Profile report provides all the data staff will need in order to respond in a timely manner.
LEGAL/BOARD COMMISSION RECOMMENDATIONS/CITIZEN NOTICE FEEDBACK:
NA
FINANCIAL SUMMARY FUNDING/FISCAL IMPACT:
NA
FUNDS:
$6,000
STAFF RECOMMENDATION/ACTION DESIRED:
4A ECONOMIC DEVELOPMENT BOARD AGENDA MEMOAGENDA ITEM NO. 3.AGENDA MEETING DATE: October 6, 2020TO: Shani Bradshaw, 4BFROM: Shani Bradshaw, Director of Economic DevelopmentITEM/CAPTION:Local and Regional Profile ReportDiscuss, Consider and Possibly Act on Authorizing the EDC Director to Execute an Agreement and Sign RelatedDocuments with EDP Best Practices, LLC to Create a Local and Regional Profile Report.AGENDA TYPE: RegularACTION REQUESTED: Approval BACKGROUND:Sanger has a lot of great land opportunities and prospects are looking hard at Sanger, so Staff is seeking a professionalonestop shop document to help market Sanger. The Local and Regional Profile report is a comprehensive summary ofall aspects of working and living in our region with stats and graphics. This information can also be used for our websiteand RFP response. Data information in this reports will include population, income, education, public safety, park &recreation, water, sewer, entertainment, hospitality, healthcare, major employers, housing, highways, airports, rail, ports,taxes, local and state incentives and workforce. This will be a single documents with multiple uses. This document willalso be helpful when staff receives leads from the State and/or Dallas Chamber office. There is usually a 1224 hourwindow to respond and it's hard to do when your scrambling to find the data they're seeking. The Local and RegionalProfile report provides all the data staff will need in order to respond in a timely manner. LEGAL/BOARD COMMISSION RECOMMENDATIONS/CITIZEN NOTICE FEEDBACK:NAFINANCIAL SUMMARY FUNDING/FISCAL IMPACT:NAFUNDS:$6,000
STAFF RECOMMENDATION/ACTION DESIRED:
AUTHORIZE the Director to hire consultant Greg Last with EDP to prepare a Local and Regional Profile report for
Sanger.
ATTACHMENTS:
Description Upload Date Type
Local & Regional Profile and Data Summary Service Agreement 9/24/2020 Cover Memo
EDP Best Practices, LLC / Sanger Economic Development Corporation
Service Agreement - Local & Regional Profile and Excel Data Summary - Page 1 of 3
Date: September 17, 2020
To: Shani Bradshaw, Executive Director
Sanger Economic Development Corporation
201 Bolivar Street
Sanger, TX 76266
Re: Development of a Local & Regional Profile and Excel Data Summary
I appreciate the opportunity to assist you with the Services defined herein. This Service Agreement
(Agreement) shall be between EDP Best Practices, LLC (Consultant) and the Sanger Economic
Development Corporation (SEDC). Consultant and SEDC are sometimes hereinafter referred to
collectively as the “Parties” or individually as a “Party.” In general the Services (Services) shall be the
development of a Local & Regional Profile (Profile) and Excel Data Summary (EDS) for the SEDC.
1. Base Services: The following Base Services shall be performed by the Consultant in cooperation with
the Coordinator from the SEDC as defined below.
1.1. Discovery: Work with the Coordinator to identify and collect the following.
A. Profile Content Outline: Provide a recommended outline and discuss the purpose and intent
of the desired content with the Coordinator.
B. Content Discussion: Have a discussion with the Coordinator clarifying the proposed content
for the Profile, availability, and determine who shall pursue desired content.
C. Graphics: Identify available graphics for representing the content of the Profile.
D. Excel Data Summary (EDS): Discuss the need for various data in the Profile and determine
responsibilities for gathering the data.
1.2. Development: Develop the Deliverables with the following characteristics and process.
A. Research: Research and identify content that is currently not available from SEDC.
B. Draft Document: Prepare draft Profile documents for review by the Coordinator using
Microsoft Publisher software. Utilize red text highlights regarding missing information or
Consultant’s notes. Incorporate revisions desired by the Coordinator.
C. Excel Data Summary: Combine all desired and available data into the EDS and format
consistently.
D. Meetings: The Consultant shall meet with the Coordinator as follows:
i. Remote Discussions: Meetings or discussions with Staff shall be conducted remotely via
phone or Internet whenever needed.
ii. On-Site Meeting: Consultant is glad to meet with the Coordinator or their team at their
location as an Additional Service defined later.
1.3. Deliverables: Consultant shall provide the following as final Deliverables:
A. Local & Regional Profile: An original document (Publisher software) including all available
local and regional data to represent the community in the region and to respond to specific
questions asked or information requested. (See Service Profile attached for additional
information)
B. Excel Data Summary: An original document (Excel software) to be used for collecting and
maintaining data used in the Profile and other uses (website, marketing, etc.). (See Service
Profile attached for additional information)
EDP Best Practices, LLC / Sanger Economic Development Corporation
Service Agreement - Local & Regional Profile and Excel Data Summary - Page 2 of 3
1.4. Continued Consultation: Consultant shall be available at no charge for brief questions and
consultation related to the Profile and Data Summary for a period of thirty (30) days from
delivery of the Profile. Beyond that point consultation shall be considered Additional Services
at the hourly rate defined later.
2. SEDC to Provide: The SEDC shall provide the following.
2.1. Project Coordinator (Coordinator): Provide a staff liaison to work with Consultant to provide
insights as to the desires of the SEDC and facilitate communication.
2.2. Acquisition of Software: SEDC shall be solely responsible for obtaining and installing the
appropriate Microsoft Publisher and Excel software as desired on the applicable computers.
2.3. Discovery: The information noted above, in particular the information noted in the Outline and
EDS. Local knowledge is critical to the breadth and depth of information that can be
accumulated. Client needs to understand that there is a significant time commitment involved
to help identify and accumulate data.
2.4. Development: Assistance in the development and review of the Profile and EDS, including timely
feedback when requested.
2.5. Meetings: Coordination of any desired meetings.
2.6. Presentations / Memos: Any briefing memos and / or PPT presentations to the SEDC or Council.
2.7. Printing: Any printing, binding, or distribution of documents.
3. Confidentiality: Both parties agree to the following confidentialities.
3.1. Content: The Consultant agrees to keep confidential any information related to the project that
is deemed confidential by the SEDC and communicated to the Consultant in writing.
3.2. Marketing Permission: SEDC agrees to allow Consultant to reference the SEDC as a client and
to allow Consultant to use a high-level explanation of Services provided.
3.3. Payment Disclosure: SEDC agrees not to disclose the amount of payment included in the
Agreement unless required by law.
4. Documents: All documents and files (Profile / Data Summary) generated as a result of the Services
shall be the sole property of the SEDC to use as needed. However, the SEDC agrees not to release an
editable / original version of the Profile, Content Outline or Data Summary except as required by law.
5. Payment: The fee for the Base Services shall be as noted below. Payments shall be within 30 days
of receipt of an invoice from Consultant.
5.1. Base Services: The fee for these Base Services (excluding meetings) shall be six thousand dollars
($6,000) billed monthly as a percentage of completion.
A. Excel Data Summary: $2,500
B. Local & Regional Profile: $3,500
--- The rest of this page blank on purpose ---
EDP Best Practices, LLC / Sanger Economic Development Corporation
Service Agreement - Local & Regional Profile and Excel Data Summary - Page 3 of 3
5.2. Additional Services: Any work not defined in the Base Services above is not included in this
Agreement. The SEDC and the Consultant may negotiate Additional Services if desirable to both
parties. Any request for Additional Services must be authorized in writing by the Coordinator
prior to the Consultant performing said services. The rate for Additional Services shall be one-
hundred twenty dollars ($120) per hour, billed monthly in quarter-hour increments. Though not
exclusively, this would include the following:
A. Consultation: Additional Consultation beyond the provisions of Section 1.4.
B. Meetings: Any on-site meetings inclusive of preparation and meeting times. Travel time
shall be billed at 50% of the Hourly Rate.
C. Reimbursables: Out-of-pocket expenses (e.g. copies, lunch meetings) shall be billed at cost.
D. Publisher Training: If requested the Consultant can provide basic training in the use of
Publisher and in particular how to update the final document. This can be done on-site or
remotely. Fees would be the hourly rates for meetings and drive time as noted above.
5.3. Updates: Original documents are provided to allow updates by SEDC. Updates should be made
on a master document on an ongoing basis to ensure accurate data whenever needed. Should
SEDC desire to have the Consultant make updates periodically as needed, these would be made
at the Hourly Rate noted above.
6. Cancellation of Agreement: Either Party may cancel this Agreement upon ten (10) calendar days
notice in writing to the other Party. Should the SEDC elect not to continue with this Agreement at
any point, the Consultant shall be paid for services rendered to that point in time.
7. Approval of this Agreement represented by:
Consultant: EDP Best Practices, LLC
Signed: ___________________________
Name: Greg Last
Title: Chief Executive Officer
Date: September 17, 2020
PH: (817) 992-6156
EM: glast@EDPBestPractices.com
Address: 4609 Shadycreek Lane
Colleyville, TX 76034
SEDC: Sanger Economic Development Corporation
Signed: ____________________________
Name: Shani Bradshaw
Title: Executive Director
Date: ______________________________
PH: (940) 458-2059
EM: sbradshaw@sangertexas.org
Address: 201 Bolivar Street
Sanger, TX 76266
Attached: One-page Service Profiles for Local & Regional Profile and Excel Data Summary
For Greg Last Bio or additional information see www.EDPBestPractices.com.
Local & Regional Profile
Service Profile - 2020-07-09
Local & Regional Profile
Prepare a comprehensive summary of all
aspects of working and living in your region
with stats and graphics. Information can also
be used for website and RFP response.
Problem Identification
There is no single source of information needed to market
your region, updates made in multiple documents
You cannot keep your website and RFP Template current
Comment
The information generated can / should be used to enhance
the EDO website and to generate professional RFP responses
Service Goals
Identify information to be included (e.g. population, income,
education, fire-police services, parks & recreation, water,
sewer, entertainment, hospitality, healthcare, major
employers, housing, highways, airports, rail, intermodal,
ports, taxes, workforce, local and state incentives, contacts)
Prepare pages each dedicated to a single major aspect and
including data tables and necessary graphics
Deliverables
A Publisher document that allows staff to keep information
and data updated in a single document having multiple uses
Requires the Excel Data Summary which includes data sheets
that can be posted and maintained on your website
(817) 992-6156
www.EDPBestPractices.com
Excel Data Summary
Service Profile - 2020-06-18
Excel Data Summary
Prepare comprehensive Excel file worksheets
incorporating marketing data in legible tables
and providing charts / graphs where beneficial
Problem Identification
Marketing data is prepared in multiple files or software
There is no way to provide a prospect with an immediate
summary of data in a format they can manipulate
Finding and maintaining current data sets is impossible
Service Goals
Identify the data needed to market the jurisdiction
Develop a clean, professional graphic format for representing
the data in Excel, populate the data worksheets
Deliverables
An Excel file with multiple worksheets dedicated to specific
marketing data (See worksheet topics at bottom)
Example Data Tables
Following are examples of data tables and charts reflecting a
variety of data used for many purposes
(817) 992-6156
www.EDPBestPractices.com
Workforce Estimate by Age Group
County 18-19 20-24 25-34 35-49 50-64
Archer 252 434 837 1,908 1,991
Clay 254 420 1,048 2,119 2,550
Cooke 1,109 2,236 4,210 7,060 7,891
Denton 19,318 50,684 99,794 160,414 104,101
Jack 235 629 1,143 1,960 1,735
Montague 432 989 1,976 3,725 4,190
Palo Pinto 696 1,533 3,075 5,349 5,845
Parker 3,306 6,381 13,049 25,927 24,112
Tarrant 49,674 123,177 266,550 398,015 303,172
Wichita 5,729 12,823 18,429 24,113 22,820
Wise 1,546 3,367 6,843 12,808 11,881
Young 431 978 1,978 3,419 3,863
TOTALS: 82,982 203,651 418,932 646,817 494,151
Source: 2010 Census GRAND TOTAL: 1,846,533
Public Primary Schools
I.S.D. Students
Pre-K - 12 Website
Archer City 483 www.ArcherCityISD.net
Bowie 1,691 www.bowieisd.net/
Bridgeport 2,088 www.bridgeportisd.net
Bryson 263 www.brysonisd.net/
Graham 2,486 www.grahamisd.com
Water Distribution
Provider City of Jacksboro
Rating Superior
Water Source Lost Creek Reservoir
Chemical Breakdown Chloromine Disinfection
Water Wholesaler NA
Max Daily System Capacity 1 MGD
Max Daily Use to Date 650,000 GPD
Avg Daily Demand 450,000 GPD
Major Employers
Business Classification
Management & Training Corp. Correctional
Faith Community Hospital Healthcare
Jacksboro ISD Education
Double K Services Oil and Gas
Hotel Rooms Website
Days Inn 48 www.wyndhamhotels.com/days-inn
Holiday Inn Express 68 www.ihg.com
LaQuinta 64 www.lq.com
Shady Oaks Cabins 28 www.shadyoakscabins.com
Super 8 56 www.wyndhamhotels.com/super-8
4A ECONOMIC DEVELOPMENT BOARD AGENDA MEMO
AGENDA ITEM NO. 4.
AGENDA MEETING DATE: October 6, 2020
TO: Shani Bradshaw, 4B
FROM: Shani Bradshaw, Director of Economic Development
ITEM/CAPTION:
Sanger Industrial Development Corporation 2020 Action Plan
Discuss and Consider Action Plan Objectives.
AGENDA TYPE: Work Session
ACTION REQUESTED:
BACKGROUND:
Members will review the Action Plan this meeting date and discuss the Objectives they would like to move forward on.
(Develop a Marketing & Promotional Plan has the highest ranking.)
LEGAL/BOARD COMMISSION RECOMMENDATIONS/CITIZEN NOTICE FEEDBACK:
NA
FINANCIAL SUMMARY FUNDING/FISCAL IMPACT:
NA
FUNDS:
NA
STAFF RECOMMENDATION/ACTION DESIRED:
NA
4A ECONOMIC DEVELOPMENT BOARD AGENDA MEMO
AGENDA ITEM NO. 5.
AGENDA MEETING DATE: October 6, 2020
TO: Shani Bradshaw, 4B
FROM:
ITEM/CAPTION:
Review Monthly Reports
A. Sales Tax Report
B. Finance Report
C. Director Update
AGENDA TYPE: Work Session
ACTION REQUESTED:
BACKGROUND:
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
4A ECONOMIC DEVELOPMENT BOARD AGENDA MEMOAGENDA ITEM NO. 5.AGENDA MEETING DATE: October 6, 2020TO: Shani Bradshaw, 4BFROM: ITEM/CAPTION:Review Monthly ReportsA. Sales Tax ReportB. Finance ReportC. Director UpdateAGENDA TYPE: Work SessionACTION REQUESTED: BACKGROUND:LEGAL/BOARD COMMISSION RECOMMENDATIONS/CITIZEN NOTICE FEEDBACK:NAFINANCIAL SUMMARY FUNDING/FISCAL IMPACT:NAFUNDS:NASTAFF RECOMMENDATION/ACTION DESIRED:NA
ATTACHMENTS:
Description Upload Date Type
Balance Sheet August 2020 9/24/2020 Cover Memo
Revenue Expense Report August 31, 2020 9/24/2020 Cover Memo
Trial Balance Report August 31, 2020 9/24/2020 Cover Memo
9-23-2020 07:41 AM CITY OF SANGER PAGE: 1
BALANCE SHEET
AS OF: AUGUST 31ST, 2020
41 -4A CORPORATION
ACCOUNT # ACCOUNT DESCRIPTION BALANCE
_____________________________________________________________________________________________
ASSETS
======
41-00-1000 CLAIM ON CASH 688,392.41
41-00-1010 CKG-4A CASH (PROSP 90020693) 331,721.22
41-00-1012 MM-4A INV (PROSP 902551273) 478,980.30
41-00-1013 CD - #486639 95,651.45
41-00-1079 ACCUMULATED DEPRECIATION ( 347,163.00)
41-00-1153 SALES TAX RECEIVABLE 35,424.95
41-00-1400 CAPITAL ASSETS 1,121,747.00
2,404,754.33
TOTAL ASSETS 2,404,754.33
==============
LIABILITIES
===========
41-00-2000 ACCOUNTS PAYABLE CONTROL 1,132.75
41-00-2403 ACCRUED WAGES PAYABLE 1,959.45
41-00-2900 Encumbrances ( 43,470.00)
41-00-2910 Reserve for Encumbrance 43,470.00
TOTAL LIABILITIES 3,092.20
EQUITY
======
41-00-3015 FUND BALANCE - RESTRICTED 1,995,475.98
TOTAL BEGINNING EQUITY 1,995,475.98
TOTAL REVENUE 524,391.78
TOTAL EXPENSES 118,205.63
TOTAL REVENUE OVER/(UNDER) EXPENSES 406,186.15
TOTAL EQUITY & REV. OVER/(UNDER) EXP. 2,401,662.13
TOTAL LIABILITIES, EQUITY & REV.OVER/(UNDER) EXP. 2,404,754.33
==============
9-23-2020 07:41 AM CITY OF SANGER PAGE: 1
REVENUE & EXPENSE REPORT (UNAUDITED)
AS OF: AUGUST 31ST, 2020
41 -4A CORPORATION
FINANCIAL SUMMARY % OF YEAR COMPLETED: 91.67
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 47,385.56 0.00 491,222.44 0.00 ( 106,222.44 127.59
GRANTS 0.00 0.00 0.00 5,000.00 0.00 ( 5,000.00 0.00
INTEREST 1,750.00 125.92 0.00 3,169.34 0.00 ( 1,419.34 181.11
TRANSFERS 25,000.00 0.00 0.00 25,000.00 0.00 0.00 100.00
TOTAL REVENUES 411,750.00 47,511.48 0.00 524,391.78 0.00 ( 112,641.78 127.36
EXPENDITURE SUMMARY
46-ECONOMIC DEVELOPMENT 192,535.00 8,835.41 1,398.10 118,205.63 43,470.00 32,257.47 83.25
___________________________________________________________________________________________________________________________________
TOTAL EXPENDITURES 192,535.00 8,835.41 1,398.10 118,205.63 43,470.00 32,257.47 83.25
REVENUE OVER/(UNDER) EXPENDITURES 219,215.00 38,676.07 1,398.10 406,186.15 ( 43,470.00)( 144,899.25 166.10
9-23-2020 07:41 AM CITY OF SANGER PAGE: 2
REVENUE & EXPENSE REPORT (UNAUDITED)
AS OF: AUGUST 31ST, 2020
41 -4A CORPORATION
FINANCIAL SUMMARY % OF YEAR COMPLETED: 91.67
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 47,385.56 0.00 491,222.44 0.00 ( 106,222.44 127.59
TOTAL TAXES 385,000.00 47,385.56 0.00 491,222.44 0.00 ( 106,222.44 127.59
GRANTS
00-4446 Grant Revenue 0.00 0.00 0.00 5,000.00 0.00 ( 5,000.00 0.00
TOTAL GRANTS 0.00 0.00 0.00 5,000.00 0.00 ( 5,000.00 0.00
INTEREST
00-4800 INTEREST INCOME 1,750.00 125.92 0.00 3,169.34 0.00 ( 1,419.34 181.11
TOTAL INTEREST 1,750.00 125.92 0.00 3,169.34 0.00 ( 1,419.34 181.11
RENTAL INCOME ______________ ____________ ____________ _____________ ____________ ____________ ______
TRANSFERS
00-4986 Transfer from 4B 25,000.00 0.00 0.00 25,000.00 0.00 0.00 100.00
TOTAL TRANSFERS 25,000.00 0.00 0.00 25,000.00 0.00 0.00 100.00
___________________________________________________________________________________________________________________________________
TOTAL REVENUES 411,750.00 47,511.48 0.00 524,391.78 0.00 ( 112,641.78 127.36
============== ============ ============ ============= ============ ============ ======
9-23-2020 07:41 AM CITY OF SANGER PAGE: 3
REVENUE & EXPENSE REPORT (UNAUDITED)
AS OF: AUGUST 31ST, 2020
41 -4A CORPORATION
46-ECONOMIC DEVELOPMENT % OF YEAR COMPLETED: 91.67
CURRENT CURRENT PRIOR YEAR Y-T-D Y-T-D BUDGET % OF
DEPARTMENTAL EXPENDITURES BUDGET PERIOD PO ADJUST. ACTUAL ENCUMBRANCE BALANCE BUDGET
___________________________________________________________________________________________________________________________________
51-SALARIES AND BENEFITS
46-5110 REGULAR SALARIES 78,100.00 5,942.30 0.00 71,307.60 0.00 6,792.40 91.30
46-5117 VACATION COMPENSATION 1,500.00 0.00 0.00 0.00 0.00 1,500.00 0.00
46-5125 LONGEVITY PAY 60.00 0.00 0.00 60.00 0.00 0.00 100.00
46-5128 AUTO ALLOWANCE 6,000.00 500.00 0.00 5,500.00 0.00 500.00 91.67
46-5129 CELL PHONE ALLOWANCE 600.00 50.00 0.00 550.00 0.00 50.00 91.67
46-5130 FICA 6,600.00 474.52 0.00 5,675.05 0.00 924.95 85.99
46-5140 RETIREMENT 7,200.00 540.43 0.00 6,393.44 0.00 806.56 88.80
46-5150 HEALTH INSURANCE 7,800.00 652.74 0.00 7,180.14 0.00 619.86 92.05
46-5160 WORKER'S COMPENSATION 400.00 0.00 0.00 184.73 0.00 215.27 46.18
46-5170 T W C 100.00 0.00 0.00 0.00 0.00 100.00 0.00
TOTAL 51-SALARIES AND BENEFITS 108,360.00 8,159.99 0.00 96,850.96 0.00 11,509.04 89.38
52-SUPPLIES AND MATERIALS
46-5210 OFFICE SUPPLIES 800.00 71.18 0.00 462.71 0.00 337.29 57.84
46-5215 FOOD 300.00 0.00 0.00 0.00 0.00 300.00 0.00
46-5226 MARKETING & PROMOTION 12,000.00 0.00 0.00 3,465.15 0.00 8,534.85 28.88
46-5235 DUES & SUBSCRIPTIONS 2,000.00 464.24 0.00 1,710.04 0.00 289.96 85.50
46-5240 CONFERENCES AND TRAINING 5,000.00 0.00 0.00 1,990.54 0.00 3,009.46 39.81
46-5280 COMPUTER SUPPLIES 500.00 0.00 1,398.10 1,572.44 0.00 325.66 34.87
TOTAL 52-SUPPLIES AND MATERIALS 20,600.00 535.42 1,398.10 9,200.88 0.00 12,797.22 37.88
53-MAINTENANCE AND OPERAT
46-5310 R & M BUILDING 5,000.00 0.00 0.00 0.00 0.00 5,000.00 0.00
46-5332 OFFICE MACHINE LEASE 825.00 0.00 0.00 808.31 0.00 16.69 97.98
TOTAL 53-MAINTENANCE AND OPERAT 5,825.00 0.00 0.00 808.31 0.00 5,016.69 13.88
54-CONTRACT SERVICES
46-5430 PROFESSIONAL SERVICE 10,000.00 140.00 0.00 8,249.00 0.00 1,751.00 82.49
46-5450 TECHNICAL SUPPORT 1,000.00 0.00 0.00 1,566.48 0.00 ( 566.48 156.65
46-5451 ANNUAL SOFTWARE SUPPORT 1,750.00 0.00 0.00 0.00 0.00 1,750.00 0.00
46-5455 COMPREHENSIVE PLAN UPDATE 45,000.00 0.00 0.00 1,530.00 43,470.00 0.00 100.00
TOTAL 54-CONTRACT SERVICES 57,750.00 140.00 0.00 11,345.48 43,470.00 2,934.52 94.92
55-UTILITIES ______________ ____________ ____________ _____________ ____________ ____________ ______
56-GRANT EXPENSES ______________ ____________ ____________ _____________ ____________ ____________ ______
60-CAPITAL OUTLAY < $5K ______________ ____________ ____________ _____________ ____________ ____________ ______
9-23-2020 07:41 AM CITY OF SANGER PAGE: 4
REVENUE & EXPENSE REPORT (UNAUDITED)
AS OF: AUGUST 31ST, 2020
41 -4A CORPORATION
46-ECONOMIC DEVELOPMENT % OF YEAR COMPLETED: 91.67
CURRENT CURRENT PRIOR YEAR Y-T-D Y-T-D BUDGET % OF
DEPARTMENTAL EXPENDITURES BUDGET PERIOD PO ADJUST. ACTUAL ENCUMBRANCE BALANCE BUDGET
___________________________________________________________________________________________________________________________________
61-CAPITAL OUTLAY ______________ ____________ ____________ _____________ ____________ ____________ ______
71-DEPRECIATION ______________ ____________ ____________ _____________ ____________ ____________ ______
70-DEBT PAYMENTS ______________ ____________ ____________ _____________ ____________ ____________ ______
___________________________________________________________________________________________________________________________________
TOTAL 46-ECONOMIC DEVELOPMENT 192,535.00 8,835.41 1,398.10 118,205.63 43,470.00 32,257.47 83.25
9-23-2020 07:41 AM CITY OF SANGER PAGE: 5
REVENUE & EXPENSE REPORT (UNAUDITED)
AS OF: AUGUST 31ST, 2020
41 -4A CORPORATION
74-TRANSFERS % OF YEAR COMPLETED: 91.67
CURRENT CURRENT PRIOR YEAR Y-T-D Y-T-D BUDGET % OF
DEPARTMENTAL EXPENDITURES BUDGET PERIOD PO ADJUST. ACTUAL ENCUMBRANCE BALANCE BUDGET
___________________________________________________________________________________________________________________________________
74-TRANSFERS ______________ ____________ ____________ _____________ ____________ ____________ ______
___________________________________________________________________________________________________________________________________
TOTAL EXPENDITURES 192,535.00 8,835.41 1,398.10 118,205.63 43,470.00 32,257.47 83.25
============== ============ ============ ============= ============ ============ ======
** REVENUE OVER(UNDER) EXPENDITURES ** 219,215.00 38,676.07 1,398.10 406,186.15 ( 43,470.00)( 144,899.25 166.10
9-23-2020 07:40 AM CITY OF SANGER PAGE: 1
BASE TRIAL BALANCE
AS OF: AUGUST 31ST, 2020
41 -4A CORPORATION
*** MONTH TO DATE *** *** YEAR TO DATE ***
ACCT# ACCOUNT NAME DEBITS CREDITS DEBITS CREDITS
______________________________________________________________________________________________________________________
ASSETS
======
41-00-1000 CLAIM ON CASH 34,393.13 688,392.41
41-00-1010 CKG-4A CASH (PROSP 90020693) 14.05 331,721.22
41-00-1012 MM-4A INV (PROSP 902551273) 111.87 478,980.30
41-00-1013 CD - #486639 0.00 95,651.45
41-00-1079 ACCUMULATED DEPRECIATION 0.00 347,163.00
41-00-1153 SALES TAX RECEIVABLE 0.00 35,424.95
41-00-1400 CAPITAL ASSETS 0.00 1,121,747.00 ______________
TOTAL ASSETS 34,519.05 0.00 2,751,917.33 347,163.00
============== ============== ============== ==============
LIABILITIES
===========
41-00-2000 ACCOUNTS PAYABLE CONTROL 4,157.02 1,132.75
41-00-2403 ACCRUED WAGES PAYABLE 0.00 1,959.45
41-00-2900 Encumbrances 0.00 43,470.00
41-00-2910 Reserve for Encumbrance 0.00 43,470.00
TOTAL LIABILITIES 4,157.02 0.00 43,470.00 46,562.20
============== ============== ============== ==============
FUND BALANCE
============
41-00-3015 FUND BALANCE - RESTRICTED 0.00 1,995,475.98
TOTAL EQUITY/FUND BALANCE 0.00 0.00 0.00 1,995,475.98
============== ============== ============== ==============
REVENUES
========
41-00-4325 STATE SALES TAX 47,385.56 491,222.44
41-00-4446 Grant Revenue 0.00 5,000.00
41-00-4800 INTEREST INCOME 125.92 3,169.34
41-00-4986 Transfer from 4B 0.00 25,000.00
TOTAL REVENUES 0.00 47,511.48 0.00 524,391.78
============== ============== ============== ==============
EXPENDITURES
============
41-46-5110 REGULAR SALARIES 5,942.30 71,307.60
41-46-5125 LONGEVITY PAY 0.00 60.00
41-46-5128 AUTO ALLOWANCE 500.00 5,500.00
41-46-5129 CELL PHONE ALLOWANCE 50.00 550.00
41-46-5130 FICA 474.52 5,675.05
41-46-5140 RETIREMENT 540.43 6,393.44
41-46-5150 HEALTH INSURANCE 652.74 7,180.14
41-46-5160 WORKER'S COMPENSATION 0.00 184.73
41-46-5210 OFFICE SUPPLIES 71.18 462.71
41-46-5226 MARKETING & PROMOTION 0.00 3,465.15
9-23-2020 07:40 AM CITY OF SANGER PAGE: 2
BASE TRIAL BALANCE
AS OF: AUGUST 31ST, 2020
41 -4A CORPORATION
*** MONTH TO DATE *** *** YEAR TO DATE ***
ACCT# ACCOUNT NAME DEBITS CREDITS DEBITS CREDITS
______________________________________________________________________________________________________________________
EXPENDITURES (CONT)
====================
41-46-5235 DUES & SUBSCRIPTIONS 464.24 1,710.04
41-46-5240 CONFERENCES AND TRAINING 0.00 1,990.54
41-46-5280 COMPUTER SUPPLIES 0.00 1,572.44
41-46-5332 OFFICE MACHINE LEASE 0.00 808.31
41-46-5430 PROFESSIONAL SERVICE 140.00 8,249.00
41-46-5450 TECHNICAL SUPPORT 0.00 1,566.48
41-46-5455 COMPREHENSIVE PLAN UPDATE 0.00 1,530.00 ______________
TOTAL EXPENDITURES 8,835.41 0.00 118,205.63 0.00
============== ============== ============== ==============
______________________________________________________________________________________________________________________
*** TOTALS BALANCE *** 47,511.48 47,511.48 2,913,592.96 2,913,592.96
============== ============== ============== ==============
*** END OF REPORT ***
4A ECONOMIC DEVELOPMENT BOARD AGENDA MEMO
AGENDA ITEM NO. 6.
AGENDA MEETING DATE: October 6, 2020
TO: Shani Bradshaw, 4B
FROM: Shani Bradshaw, Director of Economic Development
ITEM/CAPTION:
Election of Officers
Discuss, Consider and Possible Action on Electing Officers for the Sanger Industrial Development Corporation.
AGENDA TYPE: Regular
ACTION REQUESTED: Approval
BACKGROUND:
Board members will appoint a member to service as President and Vice President.
LEGAL/BOARD COMMISSION RECOMMENDATIONS/CITIZEN NOTICE FEEDBACK:
NA
FINANCIAL SUMMARY FUNDING/FISCAL IMPACT:
NA
FUNDS:
NA
STAFF RECOMMENDATION/ACTION DESIRED:
APPOINT a President and Vice President.
4A ECONOMIC DEVELOPMENT BOARD AGENDA MEMO
AGENDA ITEM NO. 7.
AGENDA MEETING DATE: October 6, 2020
TO: Shani Bradshaw, 4B
FROM:
ITEM/CAPTION:
Future Agenda Items and Meetings
Board members shall not comment upon, deliberate, or discuss any item that is not on the agenda.
AGENDA TYPE:
ACTION REQUESTED:
BACKGROUND:
LEGAL/BOARD COMMISSION RECOMMENDATIONS/CITIZEN NOTICE FEEDBACK:
NA
FINANCIAL SUMMARY FUNDING/FISCAL IMPACT:
NA
FUNDS:
NA
STAFF RECOMMENDATION/ACTION DESIRED:
NA