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07/21/2020-4A-Agenda Packet-RegularAGENDA 4A ECONOMIC DEVELOPMENT BOARD TUESDAY, JULY 21, 2020 1:00 PM HISTORIC CHURCH BUILDING ­ 403 NORTH 7TH STREET SANGER, TEXAS 1.Call Meeting to Order 2.Approval of Minutes Approval of the May 5, 2020 4A Board Meeting Minutes. 3.Fiscal Year 2020­2021 Budget Discuss, Consider and Act on Fiscal Year Budget 2020­2021. 4.Action Plan ­ 2020 Discuss and Develop the Sanger Industrial Development Corporation Action Plan ­ 2020. 5.Citizen Comments 6.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. 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. 4A ECONOMIC DEVELOPMENT BOARD AGENDA MEMO AGENDA ITEM NO. 2. AGENDA MEETING DATE: July 21, 2020 TO: Shani Bradshaw, 4B FROM: Shani Bradshaw, Director of Economic Development ITEM/CAPTION: Approval of Minutes Approval of the May 5, 2020 4A 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 May 5, 2020 4A Board Meeting Minutes.  ATTACHMENTS: Description Upload Date Type Minutes ­ 2020­05­05 7/16/2020 Cover Memo MINUTES 4A ECONOMIC DEVELOPMENT BOARD TUESDAY, MAY 5, 2020 1:00 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: 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 COMMISSION MEMBERS PRESENT: Don Gillum, Victor Gann, Liz Springer, Drew Hall COMMISSION MEMBERS ABSENT: MINUTES4A ECONOMIC DEVELOPMENT BOARDTUESDAY, MAY 5, 20201:00 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: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 Toll­free888 475 4499 US Toll­freeMeeting ID: 986 054 4598COMMISSION MEMBERS PRESENT:Don Gillum, Victor Gann, Liz Springer, Drew Hall COMMISSION MEMBERS ABSENT: Fred Yeatts STAFF MEMBERS PRESENT: Shani Bradshaw, Stefani Dodson 1.Call Meeting to Order 1:05 PM 2.Economic Development Action Plan Discuss, Consider and Possibly Act on Hiring a Consultant to Create an Action Plan for the 4A 3. 4. 5. Industrial Development Corporation. A motion was made by Elizabeth Springer to Motion. The motion was seconed by Drew Hall. Shani speaks briefly and goes over the staff report.  The board discusses briefly about an action plan. Shani talks about Greg Last and what he can do for 4A and the action plan. The motion   with a 4­0 vote  (Absent: Yeatts) Discussion on Fiscal Year 2020­2021 Budget Shani goes over the budget and explains they may need to look into lowering the budget by 10%. Elizabeth Springer asks if there was a way to add a grant into the budget this year.  She would like to know if the 4A board can offer grant assistance to companies. Shani said she would need to get back to them and speak with legal. (Absent: Yeatts) Review Financial Reports Shani goes over the financials.  Brief discussion with the board(Absent: Yeatts) Informational Items 1) City Wide Comprehensive Plan 2) Warehouse 3) COVID­19 Update Shani gave an update on the comp plan. Shani explains that she has had a couple of companies interested in the warehouse. She said if they would like to speak about details she can add an executive session on the next agenda. Brief discussion about updates. MINUTES4A ECONOMIC DEVELOPMENT BOARDTUESDAY, MAY 5, 20201:00 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: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 Toll­free888 475 4499 US Toll­freeMeeting ID: 986 054 4598COMMISSION MEMBERS PRESENT:Don Gillum, Victor Gann, Liz Springer, Drew HallCOMMISSION MEMBERS ABSENT:Fred YeattsSTAFF MEMBERS PRESENT:Shani Bradshaw, Stefani Dodson1.Call Meeting to Order1:05 PM2.Economic Development Action PlanDiscuss, Consider and Possibly Act on Hiring a Consultant to Create an Action Plan for the 4AIndustrial Development Corporation. A motion was made by Elizabeth Springer to Motion. The motion was seconed by Drew Hall.  Shani speaks briefly and goes over the staff report.  The board discusses briefly about an actionplan.Shani talks about Greg Glass and what he can do for 4A and the action plan.The motion   with a 4­0 vote  (Absent: Yeatts)3.Discussion on Fiscal Year 2020­2021 BudgetShani goes over the budget and explains they may need to look into lowering the budget by 10%. Elizabeth Springer asks if there was a way to add a grant into the budget this year.  She would liketo know if the 4A board can offer grant assistance to companies.Shani said she would need to get back to them and speak with legal.(Absent: Yeatts)4.Review Financial ReportsShani goes over the financials.  Breif discussion with the board(Absent: Yeatts)5.Informational Items1) City Wide Comprehensive Plan 2) Warehouse  3) COVID­19 UpdateShani gave an update on the comp plan.Shani explains that she has had a couple of companies interested in the warehouse.  She said if they would like to speak about details she can add an executive session on the nextagends. Brief discussion about updates. (Absent: Yeatts) 6.Citizen Comments No Citizens (Absent: Yeatts) 7.Adjourn 2:06 PM(Absent: Yeatts) 4A ECONOMIC DEVELOPMENT BOARD AGENDA MEMO AGENDA ITEM NO. 3. AGENDA MEETING DATE: July 21, 2020 TO: Shani Bradshaw, 4B FROM: Shani Bradshaw, Director of Economic Development ITEM/CAPTION: Fiscal Year 2020­2021 Budget Discuss, Consider and Act on Fiscal Year Budget 2020­2021. AGENDA TYPE: Work Session 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 Fiscal Year Budget 2020­2021. ATTACHMENTS: Description Upload Date Type 4A Budget 2020­2021 7/16/2020 Cover Memo G/L ACCOUNT ACCOUNT NAME 2017-18 ACTUAL 2018-19 ACTUAL 2019-2020 BUDGET YEAR-TO- DATE PROJECTED YEAR END 2020-21 PROPOSED BUDGET 2020-21 10% DECREASE BUDGET 46-5210 OFFICE SUPPLIES 568 488 800 234 468 400 400 46-5215 FOOD 37 -300 ---- 46-5226 MARKETING & PROMOTION 263 7,798 12,000 2,905 5,810 20,000 - 46-5235 DUES & SUBSCRIPTIONS 1,917 1,709 2,000 500 1,000 2,000 - 46-5240 CONFERENCES AND TRAINING 1,276 2,646 5,000 1,537 3,073 5,000 - 46-5280 COMPUTER SUPPLIES --500 1,572 3,145 250 250 46-5285 FURNITURE AND FIXTURES ------- 46-5310 R & M BUILDING 95 -5,000 --5,000 - 46-5332 OFFICE MACHINE LEASE 276 997 825 600 1,201 601 224 46-5425 LEGAL EXPENSE -----1,000 - 46-5430 PROFESSIONAL SERVICE -525 10,000 --25,000 46-5450 TECHNICAL SUPPORT 118 4,647 1,000 1,175 2,350 500 500 46-5451 ANNUAL SOFTWARE SUPPORT 1,350 (1,350)1,750 --875 875 46-5455 COMPREHENSIVE PLAN UPDATE --45,000 ---45000 46-5515 ELECTRIC -1,434 --- 46-5516 GAS SERVICE -205 ----- 46-5610 GRANT EXPENSE ------- 46-6025 COMPUTER HARDWARE ----- 46-6026 COMPUTER SOFTWARE ----- 46-6040 OFFICE FURNITURE ----- 46-6120 BUILDING IMPROVEMENTS ----- - - - - - TOTALS 5,900 19,099 84,175 8,523 17,047 60,626 32,625 75,758 VARIANCE:(43,133) 10% DECREASE BUDGET SHOULD CAPITAL REQUEST #1 CAPITAL REQUEST #2 CAPITAL REQUEST #3 CAPITAL REQUEST #4 CAPITAL REQUEST #5 4A ECONOMIC DEVELOPMENT BOARD AGENDA MEMO AGENDA ITEM NO. 4. AGENDA MEETING DATE: July 21, 2020 TO: Shani Bradshaw, 4B FROM: Shani Bradshaw, Director of Economic Development ITEM/CAPTION: Action Plan ­ 2020 Discuss and Develop the Sanger Industrial Development Corporation Action Plan ­ 2020. AGENDA TYPE: Work Session ACTION REQUESTED:   BACKGROUND: Board members will review the Action Plan documents, review and revise the SWOT analysis, review and discuss a Mission Statement, discuss and finalize Goals and Objectives, and review and prioritize Objectives.  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 Transmittal Letter 7/16/2020 Cover Memo Action Plan ­ Draft 7/16/2020 Cover Memo EDP Best Practices, LLC / Sanger, Texas – Industrial Development Corporation 2020 Action Plan - 2020-07-09 - Page 1 of 1 Date: July 9, 2020 To: Board of Directors Sanger Industrial Development Corporation 201 Bolivar Street Sanger, TX 76266 c/o Shani Bradshaw, Executive Director Re: Development of an Action Plan for the Sanger Industrial Development Corporation I appreciate the opportunity to assist the Sanger Industrial Development Corporation (SIDC) with development of an Action Plan for 2020. Because we have a lot to accomplish in a fairly short amount of time, I would like to ask the Board to do the items in red in order to be ready for discussion at the upcoming meeting. • Discuss the Action Plan Overview (attached) − Review the Action Plan Overview document • Mission Statement Development − Review example EDO mission statements, highlight desired wording • Review Action Plan work-in-progress (WIP) − Review for accuracy, omissions, prepare questions, add any info you are aware of • Finalize the SWOT analyses − Review SWOT in the draft Plan, revise, add to, prepare for discussion • Discuss and finalize Goals & Objectives − Review the Goals & Objectives summary, revise, add to, prepare for discussion • Discuss prioritization of the Objectives prior to the next meeting − Review and understand the Objectives prioritization process I look forward to our discussion. It should be a full and productive meeting. Respectfully, Greg Last, CEO EDP Best Practices, LLC glast@EDPBestPractices.com Enc: Action Plan Overview Example EDO Mission Statements Action Plan Draft dated 2020-07-09 (via separate document)    Action Plan Overview EDP Best Practices, LLC ‐   2020‐07‐09   ‐   Page 1 of 2   Action Plan Overview    What is an Action Plan:  An Action Plan is a plan guiding the direction and prioritized efforts of an  Economic Development Organization (EDO) in the near term, typically 1‐3 years.  Process:  Following are the major steps in developing the Action Plan.  1. Background Information: EDP and Staff prepare the background information in the Action Plan.  2. Pre‐Meeting SWOT Ideas: Request Strengths, Weaknesses, Opportunities and Threats (SWOT) for  both City and EDO prior to the 1st meeting to have ideas to start with.  2.1. EDP combines all similar responses and inputs result in SWOT form  2.2. EDP formulates draft Objectives from the SWOT input and includes in the SWOT form  3. Pre‐Meeting Objective Ideas: Request desired objectives as a starting point for Meeting #1.  3.1. EDP combines all similar responses and inputs result in Objectives Summary form  4. Meeting #1:  4.1. Mission Statement Development: Review example EDO Mission Statements for stimulation  and craft an EDO Mission Statement  4.2. SWOT Development: Review the SWOT forms for both the City and the EDO, confirm SWOT  representation and action item / Objective in the right column.  A. Issues in left column:  e.g. “We don’t understand what we can fund.”  B. Action in right column:  e.g. “Undergo training on funding limitations.”  4.3. Goals & Objectives: Review the unranked preliminary Objectives and discuss need for  revisions or additional objectives until finalized.  4.4. Review Draft Plan: Review and discuss all information provided in the draft Action Plan  5. Prioritization: EDP randomly lists Objectives on a Prioritization Form and distributes to the Board.        Action Plan Overview EDP Best Practices, LLC ‐   2020‐07‐09  ‐   Page 2 of 2   5.1. Ranking: Each Board member will prioritize the list of Objectives, and return to EDP    5.2. Compilation: EDP will calculate the collective prioritization of the Board’s Objectives  6. Meeting #2: Discuss and finalize the results of the Board’s prioritized Objectives and all information  in the Action Plan.      EDP Best Practices, LLC     ‐     Mission Statement Development Form  2020‐07‐09   ‐     Page 1 of 1   Mission Statement Development      BAD Practices:   Including a word or concept from everyone so everybody is happy   Including text on how you are going to execute your mission “… this will be  accomplished by …”   Reiterating history “… EDC was formed to …”   Including ways of measuring success “… as measured by …”    BEST Practices:   Be concise   Create something you can remember   Be concise    Task: Review the attached Example EDO Mission Statements.  Circle or highlight key  words or phrases that you think pertain to your organization.  We will attempt to  coalesce everyone’s preferences into a workable mission statement at the meeting.  Key words / Phrases:  1.   2.   3.   4.   5.     Example Economic Development Organization (EDO) Mission Statements EDP Best Practices, LLC - 2020-07-09 - Page 1 of 4 Example E.D.O. Mission Statements Local and Regional • Alton DC: The mission of the Alton Development Corporation is to promote, encourage and enhance the creation of jobs and expansion of the local tax base through projects which assist in the retention and expansion of existing primary employers and which attract new primary employers and aid their development and growth. • Argyle EDC: The mission of the Argyle Economic Development Corporation is to promote the recruitment of new businesses, the retention and expansion of existing businesses, and to maximize the tax base of Argyle while capitalizing upon our rural character and sense of community. • Azle ED: The Azle Department of Economic Development works to influence business location decisions by providing information and resources designed to assist in the analysis of establishing, expanding or relocating a facility in Azle. • Bartonville CDC: The mission of the Bartonville Community Development Corporation is to retain and attract businesses that meet the vision and standards desired by the Community. • Bellville EDC: The Bellville Economic Development Corporation will strive to enhance Bellville’s economy by expanding the tax base, promoting tourism and providing for a better quality of life for the citizens of our community. • Big Spring EDC: The mission of the Big Spring Economic Development Corporations is to assist, stimulate, and enhance economic development in Big Spring, Texas, subject to applicable State and Federal laws and the Bylaws and the Articles of Incorporation. To utilize its Sales Tax Revenues to increase the job opportunities available to the citizens of Big Spring by assisting the expansion of local businesses and attracting new business activities to Big Spring. • Borger EDC: Our mission is to be the economic growth engine for Borger, Texas. We will accomplish this through the retention and expansion of local businesses, the recruitment of outside businesses, and encouragement of community growth through tourism and cultural activities. • Bowie EDC: The Bowie Economic Development Corporation (BEDC) is a nonprofit organization whose mission is to administer Bowie’s Type 4A economic development sales tax for the promotion and development of new and expanded business enterprises that result in industrial and economic development with an emphasis on job opportunities in the Bowie, Texas area. • Cedar Hill ED: The mission of the Economic Development Department is to retain and expand existing business through a proactive retention and expansion program, attract desirable industry by fostering a business friendly environment, and aggressively market Cedar Hill utilizing a multi-faceted approach. • Colleyville ED: The Economic Development Department is charged with working with property owners and developers to increase the office and retail sectors of the City. This involves seeking out unique and interesting venues in which Colleyville residents can shop, dine and explore. • Coppell ED: The mission of the Coppell Office of Economic Development is to provide a positive business environment that will foster economic growth through the recruitment of new businesses and the retention and expansion of existing businesses and to maximize the tax base of Coppell consistent with the values of the community. • Decatur EDC: The mission of the Decatur EDC is to achieve sustained, balanced economic growth for the City of Decatur as measured by improvements in primary employment and increased tax base, while enhancing the quality of life and providing greater access to desirable goods and services. Example Economic Development Organization (EDO) Mission Statements EDP Best Practices, LLC - 2020-07-09 - Page 2 of 4 • Duncanville CEDC: The mission of the Duncanville Community and Economic Development Corporation is to serve as a catalyst for community development and economic opportunity that enhances the competitiveness of Duncanville and increases property values, sales tax revenues, job opportunities and quality of life. • Ferris EDC: The mission of the Ferris EDC is to promote economic development in the City of Ferris through the attraction of new high wage business and industry and the retention of existing businesses and industries. This will be accomplished by providing the resources that enable development and presenting the City of Ferris as the preferred industrial, commercial, and residential choice. • Forney EDC: The FEDC promotes economic strength for the City of Forney by expanding and diversifying the local tax base through business development, financial reinvestment and community partnerships. • Hico EDC: The mission of the Hico Economic Development Corporation is to enrich the quality of life of the citizens by promoting and enhancing the economic vitality of the community through promoting the retention and expansion of existing business while also devoting an appropriate amount of resources toward attracting new businesses. • Jewett EDC: The mission of the Jewett Economic Development Corporation is to retain and attract businesses that meet the vision and standards desired by the community while enhancing the quality of life of all residents. • Keller ED: The mission of the Keller Economic Development Department is to improve the quality of life for residents and the business community of Keller through the recruitment and retention of targeted businesses that will increase property value and sales tax within the City. • Kilgore EDC: The mission of the Kilgore EDC is to enhance a business climate that is conducive to job creation and retention improving the standard of living for Kilgore residents. • Lancaster ED: The mission of the City of Lancaster’s Department of Economic Development is to create favorable site-selection or expansion decisions for new and existing business and industry through aggressive sales and marketing programs that are designed to create a growing tax base for the community of Lancaster through new business development, existing business retention, and job creation and by ensuring a financially sustainable city government and enhancing the overall quality of life for the citizens of Lancaster. • Lavon EDC: The mission of the Lavon EDC is to strengthen and diversify the economic base of the City of Lavon. • Levelland EDC: The mission of the Levelland EDC is to strengthen Levelland's economy through creative and cooperative economic development initiatives. • Little Elm EDC: The mission of the Little Elm EDC is to advance economic development in Little Elm while capitalizing on our lakeside character and sense of community. • Ovilla ED: The mission of Ovilla ED is to create an environment that is diverse and strong by demonstrating our commitment to business retention and expansion by initiating a proactive approach towards business recruitment that meets or exceeds the expectations of our community. • Lubbock EDA: The mission of the Lubbock Economic Development Alliance (LEDA) is to promote economic growth by creating high-quality jobs, investing in new capital improvements and improving Lubbock’s quality of life. • McKinney EDC: The mission of the McKinney EDC is to work to create an environment in which community-oriented businesses can thrive. Example Economic Development Organization (EDO) Mission Statements EDP Best Practices, LLC - 2020-07-09 - Page 3 of 4 • Midland EDC: The mission of the Midland EDC is to promote and advance opportunities that enhance and diversify the strength and stability of the Midland economy. • New York City ED: The mission of NYCEDC is to realize New York City as the global model for inclusive innovation and economic growth, fueled by the diversity of its people and businesses, by strengthening the City’s competitive position and facilitating investments that grow quality jobs and cultivate dynamic, resilient, livable communities throughout the five boroughs. • Pampa EDC: The mission of the Pampa EDC is to encourage and promote industries of the community by directing attention to opportunities within the industrial, commercial, and agricultural sectors. We will strive to assist with needed resources and financial incentives to interested firms and entrepreneurs in startup, expansion or relocation to this area. The success of this mission will be demonstrated by sustained stability and growth of economic activity in Pampa. • Paradise EDC: The mission of the Paradise Economic Development Corporation is to foster economic growth through attraction, retention and expansion of community-oriented businesses, while capitalizing upon our rural character and sense of community. • Port Arthur EDC: The mission of the Port Arthur EDC is to implement a proactive, aggressive industrial recruitment process focused upon specific industrial clusters that can achieve world-class competitive stature in Port Arthur. • Richmond EDC: The mission of the Development Corporation of Richmond is to serve the community by promoting private and public investments that will generate multiple public revenue streams to fund quality of life enhancements and activities that preserve and capitalize on our heritage. • Royse City EDC: The mission of the Royse City EDC is to preserve our hometown atmosphere with a spirit of cooperation between businesses, local government, schools, churches, and residents. To develop an ideal mix of industry, business, cultural, educational, and recreational facilities to help support the economic growth and development of the community. • Runaway Bay EDC: The mission of the Runaway Bay Economic Development Corporation is to retain and attract businesses while capitalizing on our lakeside character and sense of community • Sanger EDC: The mission of the Sanger EDC is to foster economic growth and enhance the quality of life for all residents of Sanger. • Seagoville EDC: Economic Development Corporation Mission Statement is to use funds derived from the half-cent economic development sales tax to encourage new business and to promote growth and/or retention of existing businesses, creating new employment opportunities in our city, increasing our tax base and/or improving the quality of life. • Sherman EDC: Grow and diversify the economy of Sherman and the surrounding area through the addition of new jobs and investment of primary employers. Since 1996, Sherman Economic Development Corporation (SEDCO) has focused on a mission and strategy to grow the primary employment sector — those companies with statewide, national and global markets. SEDCO is supported by a local 3/8 cent sales tax. The funds provide the resources for SEDCO to market the community, provide cash incentives for new investments and jobs and develop business park sites for industry. SEDCO Board of Directors and Sherman City Council annually adopt a new Plan of Work for SEDCO to guide the development, re- development and community enhancement in Sherman and the surrounding area. • Southlake ED: The mission of the Southlake Department of Economic Development is to help create a diversified, vibrant and sustainable economy through attraction and support of businesses meeting the vision and standards desired by City leaders. Example Economic Development Organization (EDO) Mission Statements EDP Best Practices, LLC - 2020-07-09 - Page 4 of 4 • Tomball EDC: To promote economic growth in the City of Tomball through the attraction of new business and industry and the retention of existing businesses by providing the resources that enable development and advance the general well-being of the community. • Tyler EDC: The Tyler Economic Development Council (TEDC) was formed in 1989 to diversify the economic base of Tyler/Smith County and to create new job opportunities. • White Settlement EDC: The Economic Development Corporation exists to enhance community development within the City. This includes encouraging people and businesses to relocate to White Settlement. • Willis EDC: The mission of the Willis Economic Development Corporation is to empower the local Willis economy, through the expansion and retention of the business community, with infrastructure assistance, and to promote business opportunities in the market area that enhances the quality of life. • Wills Point EDC: The mission of the Wills Point Economic Development Corporation is to promote and enhance economic opportunities through the attraction of new ventures. The Corporation will assist Wills Point in attracting new ventures by helping to provide an economic environment that is business friendly and conducive to productivity and prosperity to include the utilization of the airport as an economic asset essential to the acquisition of business within both the industrial park and airport grounds. In addition, the EDC fosters an economic development environment through promotion, cooperation and communication between the public and private sector, enabling an increased standard of living for our residents and enrich their quality of life. Regional EDO Mission Statements • Central East Texas Alliance: The mission of the Central East Texas Alliance is to promote the Central East Texas region as a prime location to live, work, and play and to support the community and economic development efforts of the cities, towns, EDC’s, and other economic development entities in the region. • Corpus Christi Regional EDC: The mission of the CCREDC is to expand and enhance the region's economic base by developing and / or supporting projects that create primary jobs. • Dallas Regional Chamber: Together, we will lead the Dallas region to become the most economically prosperous region — and the most desirable place to live and work — in the United States. • Greater Houston Partnership: The Partnership is a place for community-minded business leaders who want to be involved in Houston's positive growth and influence the direction in which Houston is going. Through the dedicated efforts of our members, the Partnership addresses Houston's unique challenges, and champions the growth and success of our region. • Metroport Chamber of Commerce: The mission of the Metroport Chamber of Commerce Economic Development Committee (EDC) is to expand and strengthen the region’s economic base through collaborative efforts. • Texas Forest Country Partnership: The Texas Forest Country Partnership strives to enrich the economic and well-being of our region through marketing, business development, and advocacy. • Texas Midwest Community Network: The mission of Texas Midwest Community Network (TMCN) is to promote a regional approach to provide the resources and awareness for its members to achieve economic and community growth. Sanger, Texas - Industrial Development Corporation 2020 Action Plan - Draft: 2020-06-25 - Page 1 Industrial Development Corporation 2020 Action Plan 2020-07-09 Prepared By Sanger Texas Industrial Development Corporation Open TBD, President Elizabeth Springer, V.P. Victor Gann, Place 3 Open TBD, Place 4 Drew Hall, Place 5 Submitted To City Council Thomas Muir, Mayor Marissa Barrett, Place 1 Gary Bilyeu, Place 2 Dennis Dillon, Place 3 Allen Chick, Place 4 David Clark, Place 5 Contributing Staff Alina Ciocan, City Manager Shani Bradshaw, Executive Director www.SangerTXEDC.org Assisted By EDP Best Practices, LLC Greg Last, CEO www.EDPBestPractices.com Sanger, Texas - Industrial Development Corporation 2020 Action Plan - Draft: 2020-07-09 - Page 2 TABLE OF CONTENTS Introduction 2 Community Facts 2 Location 2 Action Plan Purpose 2 Action Plan Process Establishment 3 Authorization 3 Sales Tax Election 3 Articles of Incorporation 3 Bylaws Organizational 3 Meetings 3 Staffing 3 Board Membership 3 Annual Meeting 3 Mission Statement Financials 4 Sales Tax Revenues 4 Total Revenues 4 Expenditures 4 Fund Balance Existing Resources 5 Mapping, website, policies, etc. Activities & Projects 7 Activities-Projects Summary Analysis 8 SWOT Analysis – City 10 SWOT Analysis – SIDC Goals & Objectives 11 Prioritized Objectives 12 Goals & Objectives 18 Mission-Goals-Objectives Status Report Appendices 20 A - Existing Zoning Map 21 B - Future Land Use Plan 22 C - Terms & Definitions INTRODUCTION The City of Sanger (City) is located along Interstate 35 in north central Texas just north of Dallas / Fort Worth region. Community Facts: Following are some brief facts about the City of Sanger, Texas.  Founded in 1888  2010 Census estimated population of 6,916  2019 estimated population of 8,800  Approximately 11.75 square miles currently, 48.52 square miles including the ETJ Location in North Central Texas: Action Plan Purpose: This Action Plan (Plan) is intended to identify, organize and prioritize goals and objectives providing direction for the Sanger Texas Industrial Development Corporation (SIDC) Board. Following is the process to prepare this Action Plan. 1. Identify all organizational documents, budget, resources, prior projects and summarize in Plan 2. Distribute Pre-Meeting SWOT and Objectives forms to Board members for initial ideas 3. Summarize all submitted SWOT ideas and condense common ideas into SWOT statements 4. Summarize all submitted Objectives and condense common ideas into Objectives 5. Discuss / review all input and create finalized Goals & Objectives list 6. Distribute a forced-ranking system to the Board for prioritization of all Objectives 7. Summarize prioritized Objectives Sanger, Texas - Industrial Development Corporation 2020 Action Plan - Draft: 2020-07-09 - Page 3 ORGANIZATIONAL Meetings: The SIDC Board typically meets at City Hall at 1:00 p.m. quarterly or as needed. Staffing: The Executive Director administers and manages the responsibilities of the Industrial Development Corporation (A Board) as well as the Sanger Texas Development Corporation (B Board). Board Membership: The SIDC Board is composed of five (5) members, appointed by the Council for three two-year terms. These members are reflected on the cover of this Action Plan. Board members are not compensated for their commitment. Mission Statement: The Board adopted the following mission statement as a part of this Plan: “To foster economic growth and enhance the quality of life for all residents of Sanger.” New Mission statement TBD ESTABLISHMENT Authorization: The Sanger Texas Industrial Development Corporation (SIDC) was authorized for establishment and shall be governed by Section 4A of the Development Corporation Act of 1979 (The Act), Article 5190.6, Texas Revised Civil Statutes. Sales Tax Election: On May 2, 1998 the residents of the City approved the adoption of an additional one- half of one percent Sales and Use Tax for projects authorized by Section 4A of the Act. Articles of Incorporation: The Articles of Incorporation (Articles) were approved on November 19, 1998 authorizing and approving the creation of the Sanger Texas Industrial Development Corporation. Article Four states “The Corporation is organized exclusively for the purposes of benefiting and accomplishing public purposes of, and to act on behalf of, the City of Sanger, Texas, and the specific purposes for which the Corporation is organized and may issue bonds on behalf of the City of Sanger, Texas for the promotion and development of commercial, industrial and manufacturing enterprises, to promote and encourage employment and the public welfare, pursuant to the Development Corporation Act of 1979.” SIDC Bylaws: Amended Bylaws for the SIDC were approved by City Council on March 16, 2020 and include the following highlights. 2.01 Purposes: “The purpose of the Corporation is to promote, assist, and enhance economic development in the City of Sanger in accordance with the Act. Any project, as defined by the Act, which shall be undertaken by the Corporation, may include costs, maintenance and operating costs of such project.” Sanger, Texas - Industrial Development Corporation 2020 Action Plan - Draft: 2020-07-09 - Page 4 FINANCIALS Following are major financial aspects of the SIDC. All data reflect a Fiscal Year of October 1 to September 31. Sales Tax Revenue: The most significant revenue for the SIDC is generated by the one-half percent (1/2%) sales tax approved by the election previously discussed as reflected in the following chart: Total Revenues: Total revenues for the SIDC are reflected in the following chart: Expenditures: Expenditures by the SIDC must be approved by the Council prior to expenditure. This may be accomplished via the approval of the budget by Council, or a more formal hearing of the project and proposed expenditures. Actual expenditures over the past several years are reflected in the following chart: Fund Balance: A conservative approach to budgeting and expenditures has maintained an appropriate fund balance. The SIDC fund balances over the past several years are reflected in the following chart: Sanger, Texas - Industrial Development Corporation 2020 Action Plan - Draft: 2020-07-09 - Page 5 Major Employers* Major employers in Sanger include the following:  Wal-Mart Distribution Center  Sanger ISD  Sam’s Distribution Center  City of Sanger  A&W Productions  Eikon Engineering  Babe’s chicken  Super Save  Ampco  Hollingsworth Manufacturing  North Texas Plastics  Sanger Bank City Maps The City maintains a web-based Geographic Information System (GIS) mapping system including the following maps.  Interactive City GIS Map  Existing Zoning Map (Shown at end of Plan)  Future Land Use Plan (Shown at end of Plan)  Master Thoroughfare Plan  Flood Plain Map SIDC Maps* The following SIDC maps are available.  Aerial marketing map shown above  Three (3) location maps are available showing national, Texas and local locations Traffic Counts* The Economic Development Office maintains a Traffic Count Report with 24 hour, two-way, traffic counts for all major roadways in the City. RESOURCES The SIDC currently utilizes the following resources to help in their efforts. SIDC Website - www.SangerTXEDC.org The SIDC has pages dedicated to purposes of the SIDC as part of the City’s website. Significant effort is put into the maintenance and update of information available on the website. *Represents items available on the website. Comprehensive Master Plan Update The City engaged Norris Design to assist with an update to the Comprehensive Master Plan (Comp Plan) and the process is currently underway. Prior ED Strategic Plans There have been no prior Economic Development Strategic Plans for the SIDC. Data* The SIDC maintains significant data on their website including:  Education: Sanger ISD and area colleges  Quality of Life: Housing, recreation, shopping & dining  Taxes: Local and area taxes  Quick Facts: Basic Census data  Workforce: Major Employers and labor data Business Info The Economic Development Office maintains a spreadsheet listing of all the businesses in Sanger. The list currently includes approximately 140 businesses. Chamber of Commerce The Sanger COC has a website located at: https://sangertexas.com/ Sanger, Texas - Industrial Development Corporation 2020 Action Plan - Draft: 2020-07-09 - Page 6 Incentive Agreements The SIDC / City have executed the following incentive agreements:  R&L Carriers: Resolution on 2018-05-01 provided for a grant in the amount equal to 50% of real property taxes paid by company for seven years, extension of water and sewer lines to the property (north of View Road and I-35 north bound service road), waive 50% of all permitting and inspection fees, and waive 100% of water and wastewater impact fees and 50% of roadway impact fees. (City)  Holiday Inn Express: Resolution on 2018-12-01 provided for a Hotel Occupancy Tax Grant and Economic Development Incentive Agreement. The City will provide to the company an economic grant in the amount equal to 50% of real property taxes paid by company for seven years. The City furnished a loop of water lines by connecting to an existing line and installed electrical service to the hotel facility. The City also agreed to provide a grant from the HOT fund that will be payable on a quarterly basis during each grant year. (City)  Walmart Distribution Center: The City provided a Tax Abatement Agreement and the SIDC also helped in the incentive package for the DC. STDC Incentives* The Sanger Texas Development Corporation (Type B Board) also offers incentives in the form of two grant programs  Project Grants: To improve the quality of life in Sanger and meet the eligibility requirements established by Texas state law  Promotional / Community Event Grants: For activities that promote the City of Sanger for business development or tourism RESOURCES cont. Sites & Buildings Summary*  The Economic Development Office maintains a Sites & Buildings Summary which provides a robust listing of available property and buildings in the City SIDC Owned Real Estate*  The SIDC currently owns a 51,000 sf office / warehouse facility on approximately 1.92 acres of land in the center of the City  The building is not occupied and would take considerable investment to bring it to a sellable standard SIDC / City Incentives* The City adopted an Incentives Policy in 2019 including the following provisions.  Tax abatement (City)  Sales Tax Grants  Infrastructure incentives  Fee waivers Sanger, Texas - Industrial Development Corporation 2020 Action Plan - Draft: 2020-07-09 - Page 7 ACTIVITIES SUMMARY Industrial Development Corporation Following is a summary of activities and projects currently in progress or completed in recent years. Sanger, Texas - Industrial Development Corporation 2020 Action Plan - Draft: 2020-07-09 - Page 8 SWOT ANALYSIS City of Sanger, Texas Participants provided SWOT ideas pre-meeting and with discussion. STRENGTHS - City of Sanger What are our strengths? How do we build upon them?  Location along I-35, near DFW, Lake Ray Roberts  Develop maps adequate to market location, local and regional assets  Dedicated funds for Econ. Development  Adopt an Action Plan and implement objectives  Availability of rail  Engage the area rail service provider  Ample parks & open space  Emphasize advantages with marketing and website  Small Town environment  Emphasize advantages with marketing and website  Sanger ISD  Emphasize advantages with marketing and website  Quaint Downtown  Emphasize advantages with marketing and website  City & SISD Leadership  Identify and engage allies and stakeholders  Strong and capable City Staff  Identify and engage allies and stakeholders  Business opportunities  Develop a Marketing & Promotion Plan WEAKNESSES - City of Sanger What are our weaknesses? How do we reduce or eliminate them?  Dead downtown  Encourage City / SEDC to prioritize downtown enhancements  Infrastructure needs improvement / maintenance  Identify and fund infrastructure that supports business growth  No existing business support programs  Implement a comprehensive BRE program  Inadequate facilities for youth  Defer to City / SEDC  Limited high-end housing  Defer to City / SEDC  Lack of unified vision / identity  Participate in Comprehensive Plan update to support business  Inadequate incentive programs  Adopt a comprehensive Incentives Policy  Outdated / vacant buildings  Encourage SEDC to adopt / implement a Property Enhancement Incentives Policy  Lack of business diversity  Develop a Marketing & Promotion Plan  Lack of strong business tax base  Adopt an Action Plan and implement objectives  Ineffective coordination between City and SISD  Defer to City  Lack of higher-quality grocery store  Defer to City / SEDC  Unappealing “front door” to the City  Defer to City / SEDC *Items shown in red text are included in the Objectives Summary Sanger, Texas - Industrial Development Corporation 2020 Action Plan - Draft: 2020-07-09 - Page 9 SWOT ANALYSIS City of Sanger, Texas Participants provided SWOT ideas pre-meeting and with discussion. OPPORTUNITIES - City of Sanger What are our opportunities? How do we take advantage of them?  The Mansion wedding venue  Defer to City / SEDC  Proximity of Lake Ray Roberts  Develop maps adequate to market location, local and regional assets  Retail and industrial development  Maintain a current Sites & Buildings Summary  I-35 / FM 455 highway improvements  Emphasize advantages with marketing and website  Undeveloped properties  Maintain a current Sites & Buildings Summary  Existing vacancies allow for new business  Maintain a current Sites & Buildings Summary  Establishing more green space  Defer to City / SEDC  Organize downtown  Defer to City / SEDC  Existing demand for variety of businesses  Develop a Marketing & Promotion Plan  Partnerships with nearby universities  Partner with allies to establish workforce development programs  Partnerships with school district  Partner with allies to establish workforce development programs  Expanding City limits  Participate in Comprehensive Plan update to support business  Develop a balanced diversity in land uses  Participate in Comprehensive Plan update to support business  Strive to be a destination small town  Defer to City / SEDC THREATS - City of Sanger What are our threats? How do we overcome or minimize them?  Box retail in nearby markets  Defer to City / SEDC  Inadequate retail offerings  Defer to City / SEDC  Lack of clear vision for growth  Participate in Comprehensive Plan update to support business  Competition from Denton / Gainesville  Monitor activities / programs of competing cities for Best Practices  Inadequate tax base  Adopt an Action Plan and implement objectives  Loss of businesses due to highway expansion  Implement a comprehensive BRE program *Items shown in red text are included in the Objectives Summary Sanger, Texas - Industrial Development Corporation 2020 Action Plan - Draft: 2020-07-09 - Page 10 SWOT ANALYSIS Industrial Development Corporation Participants provided SWOT ideas pre-meeting and with discussion. *Items shown in red text are included in the Objectives Summary STRENGTHS - SIDC What are our strengths? How do we build upon them?  Desire to make a difference  Adopt an Action Plan and implement objectives  Good relationship with City Council  Provide an annual report to City Council  Leveraging success by using consultant  Utilize Consultant(s) to increase productivity  Diversified / knowledgeable BOD  Identify training needed / desired by Board and Staff  Good / competent leadership  Identify training needed / desired by Board and Staff  Reserve funds available  Adopt target reserve fund level to maintain  Staff dedicated to ED  Identify training needed / desired by Board and Staff WEAKNESSES - SIDC What are our weaknesses? How do we reduce or eliminate them?  Lack of clear plan for direction  Adopt an Action Plan and implement objectives  Website content  Develop a comprehensive and professional Website  Limited training for Board / Staff  Identify training needed / desired by Board and Staff  Limited experience on BOD  Identify training needed / desired by Board and Staff  No support programs for existing businesses  Implement a comprehensive BRE program  Too much focus on one SIDC building  Evaluate options for the 50,000 sf building and pursue as appropriate  Failure to implement plans  Adopt an Action Plan and implement objectives  No available workforce training facilities  Partner with allies to establish workforce development programs OPPORTUNITIES - SIDC What are our opportunities? How do we take advantage of them?  Adopt an Action Plan and pursue objectives  Adopt an Action Plan and implement objectives  Evaluate options for existing 50,000 sf building  Evaluate options for the 50,000 sf building and pursue as appropriate  Active participation in Comp. Plan to ensure adequate industrial properties  Participate in Comprehensive Plan update to support business  Acquire / support properties for industrial growth  Evaluate opportunities to acquire EDO properties  Extensive / relevant training  Identify training needed / desired by Board and Staff  Identify additional funding sources  Identify additional funding sources to assist with projects / programs  Be more aggressive with incentive programs  Adopt a comprehensive Incentives Policy  Implement more pro-active marketing programs  Develop a Marketing & Promotion Plan  Implement Business Retention & Exp. programs  Implement a comprehensive BRE program THREATS - SIDC What are our threats? How do we overcome or minimize them?  Board member commitment  Establish Board Member roles and responsibilities  Lack of clear plan for SIDC  Adopt an Action Plan and implement objectives  Lack of strong relationship with the 4B (SEDC)  Hold a joint meeting with City Council and SEDC  BOD turnover  Identify what is causing the turnover  Competition from nearby ED programs  Monitor activities / programs of competing cities for Best Practices  Economic downturn / meltdown  Adopt target reserve fund level to maintain  Lack of big-picture awareness  Identify training needed / desired by Board and Staff  Inadequate infrastructure  Identify and fund infrastructure that supports business growth Sanger, Texas - Industrial Development Corporation 2020 Action Plan - Draft: 2020-07-09 - Page 11 PRIORITIZED OBJECTIVES Industrial Development Corporation Following are the results of the prioritization of the Objectives adopted by the participants. Sanger, Texas - Industrial Development Corporation 2020 Action Plan - Draft: 2020-07-09 - Page 12 GOALS & OBJECTIVES Industrial Development Corporation Following is a summary of the Goals & Objectives sorted by Goals (tan rows). NOTE: The Objectives determined by the participants are shown in the GREEN cells. The other Objectives are from a master list and are provided to facilitate discussion and evaluate the need for any additional objectives. Page 1 of 6 Sanger, Texas - Industrial Development Corporation 2020 Action Plan - Draft: 2020-07-09 - Page 13 GOALS & OBJECTIVES Industrial Development Corporation Following is a summary of the Goals & Objectives sorted by Goals (tan rows). Page 2 of 6 Sanger, Texas - Industrial Development Corporation 2020 Action Plan - Draft: 2020-07-09 - Page 14 GOALS & OBJECTIVES Industrial Development Corporation Following is a summary of the Goals & Objectives sorted by Goals (tan rows). Page 3 of 6 Sanger, Texas - Industrial Development Corporation 2020 Action Plan - Draft: 2020-07-09 - Page 15 GOALS & OBJECTIVES Industrial Development Corporation Following is a summary of the Goals & Objectives sorted by Goals (tan rows). Page 4 of 6 Sanger, Texas - Industrial Development Corporation 2020 Action Plan - Draft: 2020-07-09 - Page 16 GOALS & OBJECTIVES Industrial Development Corporation Following is a summary of the Goals & Objectives sorted by Goals (tan rows). Page 5 of 6 Sanger, Texas - Industrial Development Corporation 2020 Action Plan - Draft: 2020-07-09 - Page 17 GOALS & OBJECTIVES Industrial Development Corporation Following is a summary of the Goals & Objectives sorted by Goals (tan rows). Page 6 of 6 Sanger, Texas - Industrial Development Corporation 2020 Action Plan - Draft: 2020-07-09 - Page 18 M -G -O REPORT Industrial Development Corporation This Mission - Goals - Objectives Progress Report summarizes the Prioritized Objectives in a format that allows monitoring and reporting of progress on a regular basis. (Two -page example only) Page 1 of 2 Sanger, Texas - Industrial Development Corporation 2020 Action Plan - Draft: 2020-07-09 - Page 19 M -G -O REPORT Industrial Development Corporation Page 2 of 2 Sanger, Texas - Industrial Development Corporation 2020 Action Plan - Draft: 2020-07-09 - Page 20 Appendix A Existing Zoning Map Sanger, Texas - Industrial Development Corporation 2020 Action Plan - Draft: 2020-07-09 - Page 21 Appendix B Future Land Use Plan Sanger, Texas - Industrial Development Corporation 2020 Action Plan - Draft: 2020-07-09 - Page 22 Appendix C Terms & Definitions Following are terms used in this Action Plan or referenced during development of the Plan. For a comprehensive list of Economic Development Terms, visit www.EDPBestPractices.com. Act - Development Corporation Act: The Development Corporation Act of 1979, now codified in Chapters 501- 505 of the Texas Local Government Code. This Act authorizes the establishment of EDC’s. Action Plan: A plan developed by an organization to help them focus on goals, objectives, and tasks needed in the near term in order to accomplish their mission. BRE - Business Retention & Expansion: Programs that support and expand existing businesses. CIP - Capital Improvement Plan: A plan for funding improvements to public infrastructure. EDO - Economic Development Organization: A generic description to represent all types of ED agencies. FLUP - Future Land Use Plan: A map of the City showing the desired ultimate land use for all properties in the City. Goal: A statement of a high -level action to be accomplished through the completion of objectives. Incentives: Various inducements that a City might offer a business or developer to invest in their City. Incentives Policy: A Policy approved by the governing body identifying their receptivity to providing various types of incentives, and administrative processes to implement the incentives. Infrastructure: Typically means the water, sewer, streets and drainage improvements owned and maintained by the City. Marketing Collateral: Any number of resources used to help an EDO market their jurisdiction. Marketing Plan: A Plan identifying the venues, targets, and resources needed to market a jurisdiction. Often includes a schedule and budget of events. Master Planning Components: Typically a Future Land Use Plan, Thoroughfare Plan, Park Master Plan, Trail System Plan, Water / Sewer Plans. Mission: A statement identifying the purpose of an organization. NTCAR - North Texas Commercial Association of Realtors: An organization of commercial brokers in the DFW region. www.NTCAR.org Objective: A statement identifying what needs to be done to meet a goal. Prioritization Process: The process of allowing all Board members to rank the identified objectives resulting in a cumulative ranking for the Board. Prospect: A potential new business. SCR - Society of Commercial Realtors: An organization of commercial brokers active primarily in Tarrant County. SIDC - Sanger Industrial Development Corporation: An organization of the City funded by City sales tax. Sites & Buildings Summary: A document showing graphically the location of all available land sites in the City, with broker contact information and brief notes on zoning, land use plan, utilities, etc. SOP - Standard Operating Procedure: A procedure pre- established to handle a particular issue consistently. SWOT Analysis: An analysis of the Strengths, Weaknesses, Opportunities and Threats. TEDC - Texas Economic Development Council: A state- wide organization of professionals and volunteers in the economic development industry. Traffic Count Report: A summary of 24 hour, two -way counts of vehicles passing a particular point on a roadway. TxDOT: The Texas Department of Transportation. Zoning Map: A map of the City showing the existing zoning for all properties.