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Agenda Packet EDC 4B 03/12/2007NOTICE OF WORKSHOP/REGULAR SESSION ECONOMIC DEVELOPMENT CORPORATION 4B TOWN OF TROPHY CLUB MARCH 12, 2007 6:30 PM Notice is hereby given of the Economic Development Corporation 4B Meeting at 6:30 p.m., on Monday, March 12, 2007, in the Town of Trophy Club’s Svore Municipal Building Boardroom, 100 Municipal Drive, Trophy Club, Texas. WORKSHOP SESSION 1. Call to order and announce a quorum. 2. Discussion of regular session agenda items. 3. Adjourn workshop session. REGULAR SESSION 1. Call to order and announce a quorum. 2. Open Public Hearing: Public Hearing: The Economic Development Corporation 4B of the Town of Trophy Club, Texas to hold public hearing in the Svore Municipal Building Boardroom, 100 Municipal Drive, Trophy Club, Texas, 76262 for the purpose of considering an expenditure of EDC 4B funds to contract with the Buxton Group for psychographic profiling for the Town of Trophy Club for $30,000 to come from the fiscal year 2006- 2007 budget and the remaining $30,000 to from the fiscal year 2007-2008 budget. A second public hearing will be held on this issue at the same location on the 12th day of March 2007. There is a sixty-day period that begins January 12, 2007, the date of the first public notice of the proposed project(s), during which the public may submit a petition with any objections to the project(s). 3. Discuss Buxton Group proposal and the implementation plan. a. Final presentation to the Town Council on Monday March 19 b. Address delegation of EDCB responsibilities for the implementation plan 4. Discuss the formation of a sub-committee to develop an online retail survey for the residents of Trophy Club. 5. Discuss requesting the participation of Municipal Utility District 1 & 2 with the Town in property tax abatements. EDC B March 12, 2007 Regular Session Page 2 of 2 6. Discuss and take appropriate regarding possible amendments to the 2006/07 fiscal year economic development budget to provide financial support for our economic development initiatives and the scheduling of the required public hearings. 7. Staff Updates: a. Regency Center b. Trophy Wood Center c. Aerial Marketing Maps 8. Approval of Meeting Minutes: a. February 12, 2007 9. Approval of Financials (Additional information sent electronically) a. January 2007 10. Other business. a. Next meeting scheduled for April 9, 2007 at 6:30 p.m. 11. Adjourn regular session. Notice is hereby given that a quorum of the Town Council may be in attendance at this scheduled meeting. CERTIFICATION I certify that the above notice was posted on the front window of Trophy Club Svore Municipal Building, 100 Municipal Drive, Trophy Club, Texas, on the 9th day of March 2007, at approximately 5:00 P.M., pursuant to the Open Meetings Act, Chapter 551, of the Texas Government Code. Beth Ann Gregory Staff Liaison This facility is wheelchair accessible and accessible parking spaces are available. Requests for accommodation or interpretive services must be made 48 hours prior to this meeting. Please contact Shannon DePrater at 682-831- 4605, so appropriate arrangements can be made.