10.15.2025 EDC MinutesTown of Trophy Club Economic Development Corporation Meeting Minutes
October 15, 2025, 6:00 p.m., Regular Meeting
1 Trophy Wood Drive, Trophy Club, Texas 76262
CALL TO ORDER
President Addington called the meeting to order at 6:01 p.m.
EDC BOARD MEMBERS PRESENT
Teri Addington, President
Allan Pedersen, Vice President
G reg Fox
Joseph Longo
EDC BOARD MEMBERS ABSENT
James Calaway, Secretary
Scott Hinshaw
Garrett Wallace
STAFF PRESENT
Brandon Wright, Town Manager
Tamara Smith, Assistant to the Town Manager
Tammy Dixon, Town Secretary
PUBLIC COMMENTS
There were none.
REGULAR ITEMS
1. Consider approval of the July 23, 2025, Economic Development Corporation Regular
Meeting Minutes.
Director Longo moved to approve the July 23, 2025, meeting minutes as corrected.
Director Fox seconded the motion.
VOTE ON THE MOTION
AYES: Addison, Pedersen, Fox, Longo
NAYES: None
ABSENT: Calaway, Hinshaw, Wallace
VOTE: 4-0-3
EXECUTIVE SESSION/OPEN SESSION
Pursuant to the Open Meetings Act, Chapter 551, the Economic Development Corporation Board
convened into a Closed Executive Session at 6:01 p.m. and reconvened into Regular Session at
6:18 p.m. in accordance with the Texas Government Code regarding:
E DC Meeting Minutes —October 15, 2025 Page 2
a. Section 551.087 Deliberation regarding economic development negotiations.
1. Discuss Thrive Business Grant Applications. No Action Taken.
5. Consider approval of submitted grant applications for the approved amounts under the
Thrive Business Grant.
Vice President Pedersen moved to approve the Thrive Business Grant application for
Grace Development #1 in the amount of $20,000 and authorize the Town Manager to
negotiate, and the Economic Development President and Town manager to execute a
performance agreement with the applicant and recommend approval of same to the Town
Council. Director Fox seconded the motion.
VOTE ON THE MOTION
AYES: Addison, Pedersen, Fox, Longo
NAYES: None
ABSENT: Calaway, Hinshaw, Wallace
VOTE: 4-0-3
ADOURN
President Addington adjourned the meeting at 6:19 p.m.
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Teri Addington, Presiden
ATTEST:
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Tammy Dixon, Town cretary