Type A Corporation
Sanger Industrial Development Corporation
The Sanger Industrial Development Corporation (SIDC), a non-profit organization specifically governed by Section 4A of the Texas Development Corporation Act of 1979. It was incorporated in October 1998 as a Type A Corporation and is funded by a portion (1/2 cent) of the local sales tax revenue. The SIDC was organized to serve the public interest of the City of Sanger by expanding existing businesses or attracting new businesses that will create primary jobs within the community. Expenditures of the Type A funds requires the approval of both the Type A Board and the City Council.
Responsibilities of the Sanger Industrial Developmen Corporation include but are not limited to:
- Supporting and promoting business retention, expansion, and recruitment
- Promoting economic and employment growth through targeted infrastructure improvements, business incentives and other strategic projects and initiatives
- Strategic marketing, promotion and planning initiatives
Meetings
- 1 p.m.
- Held quarterly or on an as-needed basis
- Sanger City Hall
502 Elm Street
Sanger, TX 76266
Board of Directors
The five member Board of Directors is comprised of individuals appointed by the Sanger City Council to serve 3 two-year terms. The members of the Board are:
- Mr. Don Gillum - President
- Ms. Elizabeth Springer - Vice President
- Mr. Fred Yeatts - Treasurer
- Mr. Drew Hall
- Mr. Victor Gann
Agendas and Minutes
