4B Sales Tax Corporation Minutes - 10/01/2020MINUTES OF THE
WICHITA FALLS 413 SALES TAX CORPORATION (4BSTC)
October 1, 2020
Present:
Glenn Barham, Vice -President
§ Members
Rick Hatcher, Secretary -Treasurer
§
Dave Clark
§
Darron Leiker
§
Michael tilills
§
Nick Schreiber
§
Paul Menzies. Assistant Cite Manager § City Staff
Blake Jurecck. Assistant City Manager §
R. Kinley I le�glund, Jr., City Attorney
James McKcchnie, Deputy City Attorney §
Terry Floyd, Director, Community Development §
Pat Hoffman. Property Administrator §
Linda Merrill, Recording Secretar\ §
Jana Schmader § DWFD
Tom Taylor § District 5 Candidate
Absent:
Tony Fidelie, President § Members
I. Call to Order.
Glenn Barham called the meeting to order at 3:02 p.m.
2. Approval of Minutes of 8/27/20.
Michael Mills moved for armroval. seconded bv Dave Clark. The motion carried 6-0.
3. Report of Financial Condition
Paul Menzies informed the Board that the City Council had voted to approve the
4BSTC's fiscal year budget for 2020-21, which is effective as of today.
The September sales tax report (reflective of July's receipts) are down 2.6% from the
same period last year. There are still a couple of months left in this fiscal year, and the trend is
still slightly ahead of last year.
Darron Leiker stated the October report (August's receipts) should be out next week. The
State's numbers were released today. and they are down 6.1 %.
4. Bids for Spaces at the Lindeman Parking Garage.
Pat Hoffman said the sealed bids for reserved spaces in the Lindeman Parking Garage
were opened on September 16. Bids were received from three individuals, as follows:
Roger Clement — one parking space on the first floor for $52 per month.
Margie Hogan — one parking space on the third floor for $30 per month.
Will Kelty - all available spaces on all floors for $5 per space, per month.
Mr. Menzies said this is a real estate discussion, and is eligible to be discussed in detail
in executive session.
5. Executive Session.
Mr. Barham adjourned the meeting into executive session at 3:07 p.m. pursuant to Texas
Government Code section 551.087. He announced the meeting back into regular session at 3:56
p.m. The subjects posted in the Notice of Meeting were deliberated, and no votes or further
action was taken on these items in executive session.
6. Motions
Lindeman Parking Garage spaces
Mr. Hatcher commented that it is a good idea for the 4BSTC to provide downtown parking.
Staff has diligently determined the market value for each floor of the garage. Bids have been
received at, above, and below that market price.
He then moved to reiect all current bids and authorize City staff to negotiate prices for the
parking spaces with the current potential lessees and other potential lessees. Seconded by Darron
Leiker, the motion carried 6-0.
7. Adjourn.
The meeting adjourned at 3:58 p.m.
�Gy �Aoty" Fidelie, Jr., President
2