4B Sales Tax Corporation Minutes - 08/07/2025 MINUTES OF THE
WICHITA FALLS 4B SALES TAX CORPORATION (WF4BSTC)
AUGUST 7, 2025
PRESENT:
Glenn Barham, President § WF4BSTC Members
Michael Grassi, Vice-President §
Nick Schreiber, Secretary-Treasurer §
Stephen Santellana §
Craig Reynolds §
Darrell Coleman §
Steve Garner §
Tim Short, Mayor § Mayor & City Council
Austin Cobb, Councilor at Large §
Tom Taylor, Councilor, District 5 §
Jeff Jenkins, City Manager § City Staff
Paul Menzies, Assistant City Manager §
Blake Jurecek, Assistant City Manager §
R. Kinley Hegglund, Jr., City Attorney §
Stephen Calvert, CFO & Finance Director §
Terry Floyd, Development Director §
Monica Aguon, Deputy City Attorney §
Chris Horgen, PIO
Paige Lessor, Executive Legal Assistant §
Cody Magana, Vice President § White Realty Management Company
Ron Kitchens, CEO § Chamber of Commerce
1. Call to Order.
Mr. Glenn Barham called the meeting to order at 3:00 p.m.
2. Induction of New Board Members.
Mr. Barham noted that the new board members had been sworn in prior to the start of the
meeting. He announced that Nick Schreiber had been reappointed to another term and welcomed
Stephen Santellana and Darrell Coleman to the board.
3. Election of Board Chair and Vice Chair.
Mr. Barham opened the floor for nominations for the position of Chair. Mr. Craig Reynolds
nominated Mr. Barham, and no further nominations were made. Mr. Reynolds moved to close
nominations, with a second by Mr. Santellana, and the motion carried. Mr. Barham invited any
questions or comments from the public, and none were offered.
The Board then voted on the nomination, electing Mr. Barham as Chair by a unanimous
vote of 7-0.
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Mr. Barham next opened the floor for nominations for the position of Vice-Chair. Mr. Steve
Garner nominated Mr. Michael Grassi, and Mr. Reynolds nominated Mr. Nick Schreiber. With no
further nominations, Mr. Barham moved to close nominations, seconded by Mr. Santellana, and
the motion carried. Mr. Barham again invited public comment, and none was offered.
The Board proceeded to vote on the nominations, electing Mr. Grassi as Vice-Chair by a
vote of 5-2, with Mr. Reynolds and Mr. Schreiber voting for Mr. Schreiber.
4. Report of Financial Condition.
Mr. Paul Menzies reported that August sales tax receipts, reflecting June sales, were
approximately 8% higher than the prior August, with year-to-date collections running about
1%ahead of last year. He noted that unencumbered funds available for new projects currently
total $7.3 million, which increases to approximately $7.8 million with the addition of August
receipts. Including an estimated $1.3 million in sales tax revenue yet to be received through
September, the Corporation is projected to have about$9.1 million available for new projects
by the end of the fiscal year.
5. Consent Agenda
a) Approval of Minutes of June 5, 2025.
Mr. Reynolds noted one correction to be made on page six of seven. In the
paragraph, "USDA" should be "USTA."
Mr. Glenn Barham moved to approve the minutes as presented with the noted
correction. Seconded by Mr. Reynolds, the motion carried 7-0.
6. Public hearing regarding a funding request by White Realty Management
Company to assist with renovations at the City National Building at 807 8th Street
downtown and the Oil & Gas Building at 813 8th Street downtown.
Mr. Barham opened the public hearing at 3:07 p.m.
Mr. Cody Magana, Vice President of White Realty Management, presented a funding
request to assist with renovations at three downtown buildings, focusing on the parking
garage located at Eighth and Lamar, the modernization of elevators within the garage, and
structural repairs to the cooling system. He explained that engineering inspections revealed
long-term issues in the garage that, while not immediately dangerous, would present
significant safety risks within five to ten years if not addressed. Repairs will require replacing
entire ramp sections, which will necessitate closing the garage for approximately three to
four months. Alternative parking and transportation options will be provided for the 250
monthly users representing 78 companies. While the garage is closed, the last two
unmodernized elevators will be upgraded, replacing outdated mechanical systems with
modern equipment. Additionally, structural repairs are required to the frame supporting the
cooling tower located between the garage and the Oil and Gas Building. This work must
occur in winter when the cooling system can be taken offline, which aligns with the timetable
for the other projects. Mr. Magana emphasized that completing all three projects
concurrently over the next five to six months will minimize costs and disruptions, with total
expenditures estimated at just over $1 million. Mr. Barham asked if the board had any
questions for Mr. Magana.
Mr. Garner asked about the age of the garage.
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Mr. Magana responded that it was constructed in 1967, and the engineers believe
construction problems stem from the use of three different early concrete techniques.
Contractors at the time experimented with different methods in various sections of the
building, and these systems have not worked well together over time.
Mr. Santellana asked what impact the absence of funding would have on the three
projects.
Mr. Magana explained that the cooling tower repair must proceed regardless, but
without assistance, completion of the garage and elevator projects could be delayed. He
noted that their organization already faces significant capital demands across multiple
century-old buildings, including a $1.5 million chiller replacement at the City National
Building. Without funding, they would be forced to prioritize which projects to delay, though
none of them are ideal to postpone.
Mr. Reynolds asked about parking tenants' concerns.
Mr. Magana stated that tenants are not currently alarmed, though they do
occasionally report potholes and exposed rebar. He has advised them that repairs are
pending and has arranged accommodations such as shuttle service for those with mobility
issues. Mr. Magana added that if repairs were delayed further, tenants would likely become
concerned within a few years.
Mr. Schreiber asked whether the work would be handled as three separate projects
with different contractors.
Mr. Magana confirmed that five contractors will be involved: WJE as engineer for the
garage, Western Specialty for the concrete repairs, Aspen Elevator for elevator
modernization, Lake Road Welding for the cooling tower, and Shinpaugh Engineering for
planning.
Mr. Schreiber also asked about the bidding process.
Mr. Magana explained that Western Specialty was selected through a competitive bid
process. Aspen Elevator was chosen based on its ongoing contract and cost-effectiveness,
as competing bids from out-of-town firms were significantly higher. For the cooling tower,
Lake Road Welding was the only qualified bidder, aside from one non-preferred lower-cost
option.
Mr. Barham asked whether the cooling tower steel was being replaced or repaired.
Mr. Magana clarified that all of the structural steel would be replaced, while the
wooden cooling towers themselves would continue to be rebuilt on a rotating basis by
maintenance staff. He noted that new tower models are more expensive and less reliable,
making the rebuild strategy preferable.
Mr. Santellana asked whether elevator modernization costs were comparable to
similar projects.
Mr. Magana responded that the costs were in line with previous projects and offered
to provide exact figures.
Mr. Schreiber asked whether the total project estimate included study and design
fees.
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Mr. Magana confirmed that it did, but noted that previously incurred expenses, such
as $2,500 per month in temporary shoring for a first-floor crack, were not included since they
had already been paid.
Mr. Barham asked if there were any further questions or comments from the board,
then he opened the floor for any questions or comments from the public. None being made,
Mr. Barham closed the public hearing at 3:19 p.m.
7. Executive Session.
Mr. Barham adjourned the meeting into executive session at 3:19 p.m. pursuant to Texas
Government Code sections 551.087, 551.071, and 551.072. He announced the meeting back
into regular session at 3:40 p.m. The subjects posted in the Notice of Meeting were deliberated,
and no votes or further action were taken on these items in executive session.
8. Consideration of a funding request by White Realty Management Company to
assist with renovations at the City National Building at 807 8th Street downtown and the
Oil & Gas Building at 813 8th Street downtown.
Mr. Santellana moved to authorize funding to assist White Realty Management with the
garage repairs and elevator repairs at the City National Building at 807 8th Street downtown and
the Oil & Gas Building at 813 8th Street, such that 10% reimbursement will be given upon final
inspection from the City of Wichita Falls in an amount not to exceed $104,100. Seconded by Mr.
Schreiber, and no further comments or questions, the motion carried 7-0.
10. Executive Session.
Mr. Barham adjourned the meeting back into executive session at 3:42 p.m. pursuant to
Texas Government Code sections 551.087, 551.071, and 551.072. He announced the meeting
back into regular session at 4:35 p.m. The subjects posted in the Notice of Meeting were
deliberated, and no votes or further action were taken on these items in executive session.
11. Adjourn.
No further discussions took place, nor actions taken. Mr. Barham adjourned the meeting
at 4.35 p.m.
Glenn Barham, President
Wichita Falls 4B Sales Tax Corporation
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