4A Industrial Development Board Regular Meeting

4A INDUSTRIAL DEVELOPMENT BOARD MEETING MINUTES AUGUST 23, 2022, 1:00 PM 4A INDUSTRIAL DEVELOPMENT BOARD REGULAR MEETING HISTORIC CHURCH BUILDING - 403 N 7TH STREET, SANGER, TEXAS CALL THE REGULAR MEETING TO ORDER AND ESTABLISH A QUORUM Sue Allison called the meeting to order at 1:00 P.M. BOARD MEMBERS PRESENT Board Member, Place 2 Sue Allison Board Member, Place 4 Nancy McAlister Board Member, Place 5 Drew Hall BOARD MEMBERS ABSENT Board Member, Place 1 Chris Kundrock Board Member, Place 3 Shannon Gann STAFF MEMBERS PRESENT: Director of Economic Development Shani Bradshaw, and Secretary Stefani Dodson INVOCATION AND PLEDGE Board Member Allison gave the invocation and led the Pledge of Allegiance. CITIZENS COMMENTS No one addressed the board. REPORTS 1. Financial Reports. Director Bradshaw reviewed the financial report with the board. 4A Minutes 08-23-2022 Page 1 of 3 Director of Economic Development 2. Marketing Plan. Director Bradshaw provided an overview of the marketing plan with the board. She also provided a timeline for the plan. 3. Conferences, Training and Tradeshows. Director Bradshaw reviewed the dates of the conferences and training she will be attending. CONSENT AGENDA 4. Consideration and possible action on the minutes from the July 5, 2022, meeting. Motion to approve was made by Board Member McAlister, Seconded by Board Member Allison. Voting Yea: Board Member Sue Allison, Board Member Nancy McAlister, Board Member Drew Hall. Motion passes unanimously. ACTION ITEMS 5. Consideration and possible action electing officers for the Sanger Industrial Development Corporation. Board Member Allison makes a nomination for Board Member Kundrock to be President. Board Member McAlister makes a nomination for Board Member Hall as Vice President. Voting Yea: Board Member Allison, Board Member McAlister, Board Member Hall. Motion passes unanimously. 6. Consideration and possible action on amending the Economic Development Incentive Policy. Motion to approve was made by Board Member Drew Hall, Seconded by Board Member Nancy McAlister. Voting Yea: Board Member Allison, Board Member McAlister, Board Member Hall. Motion passes unanimously. 7. Consideration and possible action on revising the board meeting schedule. Board Member Allison makes a motion to table the item until the next meeting. Board Member McAlister seconded the motion. 4A Minutes 08-23-2022 Page 2 of 3  Voting Yea: Board Member Allison, Board Member McAlister, Board Member Hall. Motion passes unanimously. EXECUTIVE SESSION Pursuant to the Open Meetings Act, Chapter 551, the Sanger Industrial Development Corporation Will Meet in a Closed Executive Session in Accordance with the Texas Government Code: Sec. 551.072. DELIBERATION REGARDING REAL PROPERTY For deliberations regarding the purchase, exchange, lease, or value of real property if deliberation in an open meeting would have a detrimental effect on the position of the governmental body in negotiations with a third person. 1. Warehouse - 103 Bolivar Sec. 551.087. DELIBERATION REGARDING ECONOMIC DEVELOPMENT NEGOTIATIONS. This chapter does not require a governmental body to conduct an open meeting: Deliberate and discuss commercial or financial information that the governmental body has received from a business prospect that the governmental body seeks to have locate, stay, or expand in or near the territory of the governmental body and with which the governmental body is conducting economic development negotiations; or to deliberate the offer of a financial or other incentive to a business prospect. 1. Project Cats Board Member Allison convened the meeting into Executive Session at 1:31 P.M. RECONVENE EXECUTIVE SESSION Board Member Allison reconvened the meeting at 2:23 P.M. Board Member Allison makes a motion that the Director Bradshaw can go ahead and hire an appraiser for the warehouse. Board Member Drew Hall seconded the motion. Voting Yea: Board Member Allison, Board Member McAlister, Board Member Hall. Motion passes unanimously. ADJOURN There being no further business, Board Member Allison adjourned the meeting at 2:25 P.M. 4A Minutes 08-23-2022 Page 3 of 3