Agenda Packet EDC 4B 06/12/2018
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EDC 4BPage 1 of 7Meeting Date: June 12, 2018
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EDC 4BPage 2 of 7Meeting Date: June 12, 2018
Town of Trophy Club 1 Trophy Wood Drive
Trophy Club, Texas 76262
Legislation Details (With Text)
File #:2018-261-T Version:1 Name:
Type:Agenda Item Status:Regular Session
File created:6/7/2018 In control:Economic Development Corporation 4B (EDC 4B)
On agenda:6/12/2018 Final action:
Title:Consider and take appropriate action regarding the EDC 4B minutes dated March 27, 2018.
Attachments:Draft EDC Joint Session Minutes March 27, 2018.pdf
DateVer.Action ByActionResult
Consider and take appropriate action regarding the EDC 4B minutes dated March 27, 2018.
EDC 4BPage 3 of 7Meeting Date: June 12, 2018
TOWN OF TROPHY CLUB
ECONOMIC DEVELOPMENT CORPORATION 4B JOINT SESSION MINUTES
TUESDAY, MARCH 27, 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
Tuesday, March 27, 2018. The meeting was held within the boundaries of the Town and was open to the public.
EDC 4B MEMBERS PRESENT:
Sean Bone President
Michael Richmond Secretary/Treasurer
Travis Inge Director
Jared Hall Director
Steve Flynn Director
Cory McDonald Director
EDC 4B MEMBERS ABSENT:
Chris Whipple Director
TOWN COUNCIL MEMBERS PRESENT:
C. Nick Sanders Mayor
Rhylan Rowe Mayor Pro Tem, Place 3
Alicia L. Fleury Council Member, Place 1
Eric Jensen Council Member, Place 2
Tim Kurtz Council Member, Place 4
Greg Lamont Council Member, Place 5
Philip Shoffner Council Member, Place 6
TAX INCREMENT REINVESTMENT ZONE (TIRZ) NO. 1 PRESENT:
Sean Bone Chairperson
Jared Hall Vice Chairperson
Travis Inge Board Member
Cory McDonald Board Member
TIRZ NO. 1 ABSENT:
Rebecca Barksdale Board Member, Tarrant County Official
STAFF PRESENT:
Tom Class Town Manager Anita Otterson Administrative Assistant
David Dodd Town Attorney Mike Pastor Information Technology Manager
Holly Fimbres Town Secretary/RMO Jonathan Phillips Director of Administrative Services
Wade Carroll Fire Chief Tommy Uzee Director of Community Development
Tony Jaramillo Director of Parks and Recreation John Zagurski Budget Manager
Amber Karkauskas Director of Finance Steve Zieverink Information Technology Specialist
President Bone announced the date of Tuesday, March 27, 2018, called the EDC 4B Joint Session meeting to order
and announced a quorum at 7:03 p.m.
EDC 4BPage 4 of 7Meeting Date: June 12, 2018
CITIZEN PRESENTATIONS
Citizens are allowed four (4) minutes to address the Corporation regarding an item over which the Corporation has
policy or oversight authority as provided by Texas law, the ethics order, or other policy order.
Jim Carter, 1005 Roadrunner Road, Bartonville, Texas, advised that he was running for Denton County
Commissioner Precinct 4 and announced that early voting would be from May 14th through May 18th for the
Primary Runoff with Election Day voting on May 22nd.
JOINT SESSION
1.Consider and take appropriate action regarding the appointment of the Vice President.
Motion:
Motion made by President Bone, seconded by Director Inge, to appoint Cory McDonald to serve as the Vice
President.
Motion carried 5-1-0, with President Bone, Secretary/Treasurer Richmond, and Directors Inge, Hall, and Flynn
voting for and Director McDonald abstaining.
2.Consider and take appropriate action regarding the EDC 4B minutes dated January 18, 2018.
Motion:
Motion made by President Bone, seconded by Director Flynn, to approve the EDC 4B minutes dated January 18,
2018.
Motion carried 6-0-0.
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 551.087 Deliberation regarding Economic Development Negotiations under Subsection (1) to
discuss or deliberate regarding commercial or financial information that the governmental body has
received from a business prospect that the governmental body seeks to have locate, stay, or expand in
or near the territory of the governmental body and with which the governmental body is conducting
economic development negotiations and Subsection (2) to deliberate the offer of a financial or other
incentive 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 – 7:23 P.M.
RECONVENED INTO REGULAR SESSION - START TIME – 7:51 P.M.
RECONVENED INTO JOINT SESSION
4. Consider and take appropriate action regarding the Executive Session.
No action was taken on this item.
ADJOURN
Motion:
Motion made by President Bone, seconded by Secretary/Treasurer Richmond, to adjourn the meeting at 7:52 p.m.
Motion carried 6-0-0.
___________________________________ ___________________________________
Anita Otterson, Administrative Specialist Sean Bone, President
Town of Trophy Club, Texas Town of Trophy Club, Texas
EDC 4B Joint Minutes March 27, 2018 Page 2 of 2
EDC 4BPage 5 of 7Meeting Date: June 12, 2018
Town of Trophy Club 1 Trophy Wood Drive
Trophy Club, Texas 76262
Legislation Details (With Text)
File #:2018-262-T Version:1 Name:
Type:Agenda Item Status:Executive Session
File created:6/7/2018 In control:Economic Development Corporation 4B (EDC 4B)
On agenda:6/12/2018 Final action:
Title:Pursuant to the following designated sections 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 551.087 Deliberation regarding Economic Development Negotiations under
Subsection (1) to discuss or deliberate regarding commercial or financial information that the
governmental body has received from a business prospect that the governmental body seeks to have
locate, stay, or expand in or near the territory of the governmental body and with which the
governmental body is conducting economic development negotiations and Subsection (2) to
deliberate the offer of a financial or other incentive to a business prospect that the Town seeks to have
locate within the territory of the Town:
Possible amendments to OTD Agreements
Attachments:
DateVer.Action ByActionResult
PursuanttothefollowingdesignatedsectionsoftheTexasGovernmentCode,Annotated,Chapter551(TexasOpen
Meetings Act), the Council will convene into executive session to discuss the following:
A)Section551.087DeliberationregardingEconomicDevelopmentNegotiationsunderSubsection(1)todiscussor
deliberateregardingcommercialorfinancialinformationthatthegovernmentalbodyhasreceivedfromabusiness
prospectthatthegovernmentalbodyseekstohavelocate,stay,orexpandinorneartheterritoryofthegovernmental
bodyandwithwhichthegovernmentalbodyisconductingeconomicdevelopmentnegotiationsandSubsection(2)to
deliberatetheofferofafinancialorotherincentivetoabusinessprospectthattheTownseekstohavelocatewithin
the territory of the Town:
Possible amendments to OTD Agreements
EDC 4BPage 6 of 7Meeting Date: June 12, 2018
Town of Trophy Club 1 Trophy Wood Drive
Trophy Club, Texas 76262
Legislation Details (With Text)
File #:2018-263-T Version:1 Name:
Type:Agenda Item Status:Regular Session
File created:6/7/2018 In control:Economic Development Corporation 4B (EDC 4B)
On agenda:6/12/2018 Final action:
Title:Consider and take appropriate action regarding the Executive Session.
Attachments:
DateVer.Action ByActionResult
Consider and take appropriate action regarding the Executive Session.
EDC 4BPage 7 of 7Meeting Date: June 12, 2018