Minutes EDC 4B 01/18/2018 TOWN OF TROPHY CLUB
ECONOMIC DEVELOPMENT CORPORATION 4B JOINT SESSION MINUTES
THURSDAY,JANUARY 18,2018,7:00 P.M.
LOCATION:1 TROPHY WOOD DRIVE,TROPHY CLUB,TEXAS
COUNCIL CHAMBERS
The Economic Development Corporation (EDC) 4B of the Town of Trophy Club, Texas, met in a Joint Session on
Thursday,January 18,2018.The meeting was held within the boundaries of the Town and was open to the public.
EDC 4B MEMBERS PRESENT:
Sean Bone Vice President
Michael Richmond Secretary/Treasurer
Travis Inge Director
Jared Hall Director
Steve Flynn Director
EDC 4B MEMBERS ABSENT:
Chris Whipple Director
Cory McDonald Director
TOWN COUNCIL MEMBERS PRESENT:
C. Nick Sanders Mayor
Eric Jensen Council Member, Place 2
Greg Lamont Council Member,Place 5
Philip Shoffner Council Member,Place 6
TOWN COUNCIL MEMBERS ABSENT:
Rhylan Rowe Mayor Pro Tern, Place 3
Alicia L. Fleury Council Member,Place 1
Tim Kurtz Council Member, Place 4
TAX INCREMENT REINVESTMENT ZONE(TIRZ)NO. 1 PRESENT:
Sean Bone Chairperson
Jared Hall Board Member
Travis Inge Board Member
TIRZ NO.1 ABSENT:
Cory McDonald Board Member
Rebecca Barksdale Board Member,Tarrant County Official
STAFF PRESENT:
Tom Class Town Manager Amber Karkauskas Director of Finance
David Dodd Town Attorney Mike Pastor Information Technology Manager
Holly Fimbres Town Secretary/RMO Anita Otterson Administrative Assistant
Mayor Sanders announced the date of Thursday,January 18,2018, called the Joint Session meeting with the Town
Council, EDC 4B,and TIRZ No. 1 to order and announced a quorum at 7:00 p.m.
CITIZEN PRESENTATIONS
This is an opportunity for citizens to address the Council on any matter whether or not it is posted on the agenda.
The Council is not permitted to take action on or discuss any presentations made to the Council at this time
concerning an item not listed on the agenda. The Council will hear presentations on specific agenda items prior to
the Council addressing those items. You may speak up to four (4) minutes or the time limit determined by the
Mayor or presiding officer. To speak during this item you must complete the Speaker's form that includes the
topic(s)of your statement. Topics of presentation should be limited to matters over which the Council has authority.
There were no citizen presentations.
JOINT SESSION
1. Consider and take appropriate action regarding the appointment of the President.
Motion:
Motion made by Secretary/Treasurer Richmond, seconded by Director Hall, to appoint Sean Bone to serve as the
President.
Motion passed unanimously 5-0-0.
2. Consider and take appropriate action regarding the EDC 4B minutes dated December 4,2017.
Motion:
Motion made by Secretary/Treasurer Richmond, seconded by President Bone, to approve the EDC 4B minutes
dated December 4,2017.
Motion passed unanimously 5-0-0.
EXECUTIVE SESSION
3. Pursuant to the following designated section of the Texas Government Code, Annotated, Chapter 551
(Texas Open Meetings Act),the Council will convene into executive session to discuss the following:
A) Section 551.071 Consultation with Attorney under Subsection(2)to consult with the Town Attorney on
a matter in which the duty of the attorney to the governmental body under the Texas Disciplinary Rules
of Professional Conduct of the State Bar of Texas clearly conflicts with the Texas Open Meetings Act;
Section 551.072 Deliberation regarding Real Property to discuss or deliberate the purchase, exchange,
lease, or value of real property if deliberation in an open meeting would have a detrimental effect on
the position of the governmental body in negotiations with a third person; and Section 551.087
Deliberation regarding Economic Development Negotiations under Subsection (2) to discuss or
deliberate the offer of financial or other incentives to a business prospect that the Town seeks to have
locate within the territory of the Town:
Potential Projects and Incentives
CONVENED INTO EXECUTIVE SESSION-START TIME—7:09 P.M.
RECONVENED INTO REGULAR SESSION-START TIME—7:37 P.M.
RECONVENED INTO JOINT SESSION
4. Consider and take appropriate action regarding the Executive Session.
Motion:
Motion made by Secretary/Treasurer Richmond, seconded by President Bone, to approve the amendment to the
OTD agreements extending the deadline of the certificate of occupancy for a restaurant to November 22,2018.
Motion passed unanimously 5-0-0.
EDC 4B Joint Minutes January 18,2018 Page 2 of 3
ADJOURN
President Bone adjourned the meeting at 7:41 p.m.
1
_ . 1 :
Anita Otterson,Admi istrative Specialist Sean Bone, Preside t
Town of Trophy Club,Texas Town of Trophy Club,Texas
EDC 4B Joint Minutes January 18,2018 Page 3 of 3