08/18/2017-4A-Minutes-Regular
MINUTES: 4A Sanger Industrial Development Corporation
August 1, 2017
MEMBERS
PRESENT: John Jacobs, Elizabeth Springer, Fred Yeatts, and Don Gillum
MEMBERS
ABSENT: Casey Barclay
OTHERS
PRESENT: Director of Economic and Community Development Alina Ciocan, Permit Technician Michelle Burke
1. Call Meeting to Order.
Don Gillum called the meeting to order.
2. Executive Session: Closed Meeting.
The Board met in Executive Session to discuss deliberations regarding real property and Economic Development.
3. Reconvene: Open Meeting.
Action taken from Executive Session: None.
4. Approve Minutes: March 14, 2017
Minutes approved unanimously after a motion to approve by Elizabeth Springer and a second by Fred Yeatts.
5. Review Financials.
No comments.
6. Consider, Discuss and Possibly Approve the Fiscal Year 2017/2018 Budget.
Elizabeth stated she would like to see if Sanger Bank can be used for some of the funds. Motion approved
unanimously after a motion was presented by Elizabeth Springer and a second by John Jacobs.
7. Consider, Discuss and Possibly Act on Approving Partial Financing for Water and Wastewater
Improvements to Industrial Site Along the East Side of I-35.
Motion passed unanimously after a motion was presented by Fred Yeatts and a second by Elizabeth Springer.
(Verified on tape, original motion was made to approve $500,000 to bring utilities to property north of Walmart
Distribution Center.)
8. Meeting Adjourned.
John Jacobs made a motion to adjourn the meeting with a second from Fred Yeatts. The motion passed
unanimously.