4B Sales Tax Corporation Minutes - 08/29/2011MINUTES OF THE 4B SALES TAX CORPORATION
August 29, 2011
Present:
Jim Ginnings, President §
Charles Elmore, Vice President/Sec. Treasurer §
Tony Fidelie §
Darron Leiker §
Dustin Nimz §
Rick Hatcher, Council Liaison
Jim Dockery, Asst. City Manager /CFO
Kevin Hugman, Assistant City Manager
Jack Murphy, Director of Parks
Miles Risley, City Attorney
Ramona Coln, Recording Secretary
Greg Stevens
Tony Breyen
Curtis Borron
Frank Jarratt
Devon McCollough
Traci McCollough
Ray Hamel
Absent:
Joe Nieto
Alan Donaldson
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1. CALL TO ORDER
Jim Ginnings called the meeting to order at 4:00 p.m.
2. APPROVAL OF MINUTES (8/1/11)
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Corporation Board Members
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Wichita Falls Radio Control Club
Corporation Board Members
Tony Fidelie moved, seconded by Dustin Nimz, that the minutes of the August 1,
2011 meeting be approved. The motion unanimously carried.
Mr. Ginnings asked that the 4B Sales Tax Financial Statement be discussed at
this time. Mr. Hugman gave a summary of the budget presented.
Mr. Ginnings stated that the August 1, 2011 minutes mentioned $1.5 left in trail
funds. Where is that reflected on this budget statement? Mr. Dockery stated that they
are capital project funds, not 4B funds. The 4B Board is paying the debt and Mr.
Hugman is recognizing the debt services being paid on line item Trail /Land /Firing
Range but the bonds are outside the 4B Corporation and they are captured in the
capital improvement program.
3. RADIO CONTROL AIRCRAFT FIELD IMPROVEMENTS
Greg Stevens presented a slide show of the current airfield. He stated structure
shelter which was built and funded by members approximately 25 years ago is in
desperate need of repair. They would like to erect a new shelter to include a concrete
slab, add additional parking spaces, a "thief proof' drinking fountain, new asphalt
overlay for the runway, three sets of spectator bleachers with a concrete slab beneath,
and a small playground for children. They are asking the 4B board to help fund all or at
least some of these projects. It would improve the Lake Wichita Park aesthetics and
allow the club to offer Aircraft venues to bring tourist dollars into Wichita Falls.
Mr. Ginnings stated the Board would look at their needs and discuss the funding
at a later time.
4. PARK IMPROVEMENTS IN CITY COUNCIL DISTRICT 5
Mr. Ginnings opened the public hearing at 4:49 p.m. for discussion of Park
improvements in City Council District 5. No persons wished to speak. Mr. Ginnings then
closed the Public Hearing.
Jack Murphy, Parks Director, presented photographs of the parks and briefly
described each project. The recommendations are to acquire six adjacent vacant lots
for better access and improved park benefits at City View Park; construct a bridge over
Plum Creek in Sunset Terrace Park; acquire adjacent parcel for better access and
improved park benefits and construct a bridge over the drainage ditch at Lions Park;
and construct a pond with a bridge and fountain in Expressway Village Park. The total
funding cost for these projects is $318,000.
Mr. Murphy stated that Council District 5 has considerably less number and
acreage of developed parks than the other four districts. The most basic action to bring
a closer balance of parks between the districts is to improve and expand the existing
fours parks in District 5.
Mr. Ginnings called for a motion. Mr. Leiker moved to provide the monies in the
amount of $318,000 to fund these vroiects. The motion was seconded by Mr. Elmore.
The motion unanimously carried.
5. BUDGET
Mr. Ginnings opened the public hearing at 5:12 p.m. for discussion of the
approval of the 4B Budget with expenditures and approved projects as funded in the
column titled "Proposed FY 12 Budget" of the attached 4B Sales Tax Financial
Statement. No persons wished to speak. Mr. Ginnings then closed the Public Hearing.
Kevin Hugman submitted to the Board the proposed annual budget. Sales tax
revenues are currently at $2.6 Million, with interest over $4,000. The ending projected
sales tax revenue is $3.5 Million for FY 2012.
Mr. Ginnings called for a motion Mr. Fidelie moved to approve the budget as
proposed with an amendment for the Parks projects in the amount of $318.000. The
motion was seconded by Mr. Leiker. The motion unanimously carried.
The board discussed the request from the Wichita Falls Radio Control Club
presented at today's meeting. Mr. Ginnings stated that he would contact Mr. Greg
Stevens to talk about the possibility of the club raising funds for a matching fund.
6. Adjourn
The meeting adjourned at 5:33 p.m.
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