Minutes EDC 4A 08/25/2003MINUTES OF WORKSHOP/REGULAR SESSION
ECONOMIC DEVELOPMENT CORPORATION 4A
TOWN OF TROPHY CLUB
AUGUST 25, 2003
STATE OF TEXAS
COUNTY OF DENTON
The Economic Development Corporation 4A of the Town of Trophy Club, Texas, met in a Regular
Session on August 25, 2003. The meeting was held within the boundaries of the Town and was
open to the public.
DIRECTORS PRESENT:
J. D. Harvey
Pete Reincke
Neil Twomey
Gary Cantrell
Dwight Morrow
DIRECTORS ABSENT:
None
President
Vice -President
Secretary/Treasurer
Director
Director
STAFF AND GUEST (S) PRESENT:
Roger Unger Staff Liaison
Jan Woodruff Staff
Donna Welsh Town Manager
WORKSHOP SESSION
arrived at 6:09 p.m.
CALL TO ORDER AND ANNOUNCE A QUORUM:
President Harvey called the meeting to order at 6:04 pm, announced a quorum, and proceeded to
the regular session.
REGULAR SESSION
CALL TO ORDER AND ANNOUNCE A QUORUM:
DISCUSSION REGARDING HOUSE BILL 2912 CHANGES TO THE DEVELOPMENT
CORPORATION ACT.
There was a discussion of HB2912 changes. Parks can be funded. No action was taken.
DISCUSSION AND APPROPRIATE ACTION FOR THE FY03-04 BUDGET.
Discussion of possible administrative costs being reimbursed. If these costs were to be reimbursed,
an application would need to be completed. No action taken.
REVIEW AND APPROVE MINUTES:
Director Reincke made a motion to adopt the minutes for June 23, 2003 as submitted. Director
Twomey seconded the motion. The motion passed unanimously.
REVIEW AND APPROVE FINANCIAL STATEMENTS:
Director Cantrell made a motion to accept the financial statements as submitted for June 2003 and
July 2003. Director Morrow seconded the motion. The motion passed unanimously.
ADJOURN:
Director Cfnjiq
rel� made 4 motion to adjourn the meeting. Director Morrow seconded the motion and it
passed un� , u ly. gTY e meeting was adjourned the meeting at 6:22 p.m.
� r
J17,
J. D. Hary - Neil Twomey
Chairman Secretary/Treasurer