Minutes CFAB 08/22/2011 MINUTES FROM REGULAR SESSION CITIZENS FINANCIAL ADVISORY BOARD MEETING
FOR THE TOWN OF TROPHY CLUB
LOCATION: 100 MUNICIPAL DRIVE, TROPHY CLUB, TEXAS
Monday, August 22, 2011 at 6:00 P.M.
Svore Municipal Building Boardroom
The Citizens Financial Advisory Board of the Town of Trophy Club, Texas, met in Regular Session on
Monday, August 22, 2011. The meeting was held within the boundaries of the Town and was open to the
public.
STATE OF TEXAS §
COUNTY OF DENTON §
BOARD MEMBERS PRESENT:
Michael Buck Board Member
Kathy Carlton Board Member
Jim Hase Board Member
Amanda McGough Board Member
BOARD MEMBERS ABSENT:
Bob Hill Board Member
STAFF AND GUEST(S) PRESENT:
Mike Slye Town Manager
Eric Cannon Finance Director
Town Manager Slye announced the date of August 22, 2011, called the meeting to order and announced
a quorum at 6:02 p.m.
CITIZEN PRESENTATIONS
Citizens are allowed three (3) minutes to address the Board regarding an item over which the Board has
policy or oversight authority as provided by Texas law, the ethics order, or other policy order.
No citizen presentations were made.
REGULAR SESSION
1. Welcome from Town Manager Slye
- Introductions
- Purpose Statement
Town Manager Slye welcomed everyone and introduced himself and Finance Director Eric Cannon.
Each board member introduced themselves.
Town Manager Slye stated the purpose of the meeting and the board.
2. Discuss and take appropriate action on the nomination and appointment of the following Officer
positions:
a. President
b. Vice President
c. Secretary
Kathy Carlton nominated Michael Buck as President.
Jim Hase nominated Amanda McGough as Vice President.
Jim Hase nominated Kathy Carlton as Secretary.
Nominations approved unanimously.
3. Review and discuss Ordinance 2011-01 - Creation of the Citizens Financial Advisory Board.
The Board reviewed Ordinance 201-01 and discussed their respective duties as listed in the Ordinances.
4. Review and discuss Economic Development initiatives.
The Board reviewed the presented Ordinances and Resolution and discussed the need for future
Economic Development initiatives and procedures. The Board agreed to meet in October to further the
Economic Development discussion.
5. Review and discuss the Elected and Appointed Handbook and proposed changes.
Town Manager Slye presented the Board with the proposed Elected and Appointed Handbook and
discussed the proposed changes with the Board.
6. Board Comments and Discussion
No comments or discussion.
ADJOURN
Meeti 3 ad ned at 7:35 p.m.
Michael :uck, President Kathy Carlton, Secretary
CFAB August 22, 2011 Minutes Page 2 of 2