Agenda Packet EDC 4B 09/13/2010 - CANCELLEDEconomic Development Corporation 4B
(EDC 4B)
Trophy Club Entities
Meeting Agenda
100 Municipal Drive
Trophy Club, Texas 76262
Public Services Conference Room6:30 PMMonday, September 13, 2010
Call To Order and announce a quorum.
REGULAR SESSION
1.2010-463-T Discuss and take appropriate action regarding the approval of the July 12, 2010
Regular Session Meeting Minutes.
July 12 2010 Minutes.pdfAttachments:
2.2010-464-T Discuss and take appropriate action regarding the Monthly Financials Dated:
a. June 2010
b. July 2010
June 2010 Monthly Financial Statements.pdf
July 2010 Monthly Financial Statements.pdf
Attachments:
3.2010-465-T Interview candidates for the three (3) expired seats on the Economic Development
Corporation 4B Board:
a. 6:45 p.m. - Nicole Fontayne
b. 7:00 p.m. or immediately following previous applicant - James Hanna
c. 7:15 p.m. or immediately following previous applicant - Amy London
d. 7:30 p.m. or immediately following previous applicant - Bob Fair
e. 7:45 p.m. or immediately following previous applicant - Sean Weaver
f. Questions/Comments for current Director reapplying - Jim Hicks
EDC 4B Applications.pdfAttachments:
4.2010-466-T Discuss and tape appropriate action regarding a recommendation of candidates to the
Town Council for three (3) expired seats on Economic Development Corporation 4B.
5.2010-467-T Next Meeting scheduled for October 11, 2010 at 6:30 p.m.
6.2010-468-T President Hicks to address outgoing Directors.
Adjourn
*THE BOARD MAY CONVENE INTO EXECUTIVE SESSION TO DISCUSS POSTED
ITEMS AS ALLOWED BY THE TEXAS OPEN MEETINGS ACT, TEXAS LOCAL
GOVERNMENT CODE 551.071.
EDC 4B 1 of 40 Meeting Date: September 13, 2010
September 13, 2010Economic Development
Corporation 4B (EDC 4B)
Meeting Agenda
Notice is hereby given that a quorum of the Town Council may be in attendance at
this meeting.
CERTIFICATION
I certify that the above notice was posted on the front window of the Svore Municipal
Building, 100 Municipal Drive, Trophy Club, Texas, on Friday, September 3, 2010 by
5:00 P.M. in accordance with Chapter 551, Texas Government Code.
____________________________
Shannon DePrater
Deputy Town Secretary / RMO
If you plan to attend this public meeting and have a disability that requires special
needs, please contact the Town Secretary’s Office at 682-831-4600, 48 hours in
advance and reasonable accommodations will be made to assist you.
I certify that the attached notice and agenda of items to be considered by this Board
was removed by me from the front window of the Svore Municipal Building, 100
Municipal Drive, Trophy Club, Texas, on the __________ day of
______________________, 2010.
________________________________, Title: ___________________________
EDC 4B 2 of 40 Meeting Date: September 13, 2010
100 Municipal Drive
Trophy Club, Texas 76262Trophy Club Entities
Legislation Details (With Text)
File #: Version:12010-463-T Name:
Status:Type:Agenda Item Regular Session
File created:In control:9/2/2010 Economic Development Corporation 4B (EDC 4B)
On agenda:Final action:9/13/2010
Title:Discuss and take appropriate action regarding the approval of the July 12, 2010 Regular Session
Meeting Minutes.
Attachments:July 12 2010 Minutes.pdf
Action ByDate Action ResultVer.
EDC 4B 3 of 40 Meeting Date: September 13, 2010
File #: 2010-463-T, Version: 1
Title
Discuss and take appropriate action regarding the approval of the July 12, 2010 Regular Session Meeting Minutes.
EDC 4B 4 of 40 Meeting Date: September 13, 2010
Trophy Club Entities 100 Municipal Drive
Trophy Club, Texas 76262
Meeting Minutes
Economic Development Corporation 4B
(EDC 4B)
Monday, July 12, 2010 Svore Municipal Building Boardroom6:30 PM
STATE OF TEXAS
COUNTY OF DENTON
The Economic Development Corporation 4B of the Town of Trophy Club,
Texas, met in Regular Session on July 12, 2010. The meeting was held within
the boundaries of the Town and was open to the public.
BOARD MEMBERS:
7 - Present: President James Hicks, Director Dan Bishop, Director Zachary Jeffery, Vice
President Dave Glaser, Secretary/Treasurer Dean Murray, Director Nick
Sanders, and Director Rebecca Shuman
STAFF AND GUEST(S) PRESENT:
Stephen Seidel, Assistant Town Manager
Shannon DePrater, Deputy Town Secretary / RMO
Glenn Strother, EDC 4B Council Liaison
Carolyn Huggins, Planning & Zoning Manager
Bill Rose, Council Member
JD Stotts, Council Member
Steven Kohs, Resident
Call To Order and announce a quorum.
President Hicks, noting a quorum of EDC 4B, called the regular session to order at
6:36 p.m.
PUBLIC HEARING
1. 2010-309-T Public Hearing considering the expenditure of funds for the fiscal year 2010-2011 budget.
Attachments: PUBLIC HEARING NOTICE.pdf
No citizens addressed the Board.
President Hicks closed public hearing at 6:37 p.m.
REGULAR SESSION
EDC 4B 5 of 40 Meeting Date: September 13, 2010
Economic Development Corporation
4B (EDC 4B) July 12, 2010Meeting Minutes
Discuss and take appropriate action regarding FY2010-2011 Budget. 2. 2010-311-T
Attachments: 2010-2011 Projected Budget.pdf
Acting Town Manager Stephen Seidel and the Board discussed the budget. Discussion
ensued regarding the title of the 26 Acre Design Charrette. President Hicks called for a
vote.
Director Shuman moved to approve the budget as written; Director Murray
seconded. The motion CARRIED by the following vote:
7 - Aye: President Hicks, Director Bishop, Director Jeffery, Vice President Glaser,
Secretary/Treasurer Murray, Director Sanders, and Director Shuman
3. 2010-346-T Discuss and take appropriate action regarding the 2010 ICSC Conference.
Acting Town Manager Seidel shared that ICSC has billed the Board for the space. Staff
will work with the Gaylord regarding equipment needs. Seidel will also be working with
Catalyst and Director Murray to prepare items for this Conference.
Director Shuman asked for a time table/to-do list working back from the Conference Date
to current date.
No action taken.
4. 2010-347-T Receive Council update from Mayor Pro Tem Strother; discussion of same.
Mayor Pro Tem Strother updated the Board on the Town Council’s budget process and
addressed the Board’s questions.
Consensus of the Board was to present findings of the Branding Initiative to the Council
during next Fiscal Year.
No action taken.
5. 2010-348-T Receive Commercial Property update including current projects; discussion of same.
- Coupon Book Project
- 26 Acre Tract
- Regency Center
- Trophy Wood
Seidel updated the board regarding current commercial projects and addressed
questions from the Board.
Seidel mentioned that he was able to gain partnership with the Trophy Club Country Club
and expressed appreciation to Director Murray for his help with the project.
Director Murray suggested adding a Calendar of Events and Contact Information to either
the front or back cover of the coupon book.
Seidel suggested using a free entry to Trophy Club Park and have EDC 4B reimburse the
Town.
Steven Kohs, 18 Overhill Drive addressed the Board regarding businesses in Regency
Center and requested an agenda item to be placed on next month’s agenda.
No action taken.
EDC 4B 6 of 40 Meeting Date: September 13, 2010
Economic Development Corporation
4B (EDC 4B) July 12, 2010Meeting Minutes
6. 2010-349-T Discuss and take appropriate action regarding the approval of the June 14, 2010 Regular
Session Minutes.
Attachments: June 14 2010 Minutes.pdf
Director Sanders moved to approve the June 14, 2010 Regular Session Minutes as
presented; Director Shuman seconded. The motion CARRIED by the following
vote:
7 - Aye: President Hicks, Director Bishop, Director Jeffery, Vice President Glaser,
Secretary/Treasurer Murray, Director Sanders, and Director Shuman
7. 2010-350-T Discuss and take appropriate action regarding the approval of the May 2010 Financials.
May 2010 Monthly Financial Statements.pdf Attachments:
Seidel shared that sales tax has continued to increase and the Town should meet
revenue expectations.
Director Sanders moved to approve the May 2010 Financials as presented; Director
Shuman seconded. The motion CARRIED by the following vote:
7 - Aye: President Hicks, Director Bishop, Director Jeffery, Vice President Glaser,
Secretary/Treasurer Murray, Director Sanders, and Director Shuman
8. 2010-351-T Future Agenda Items.
Attachments: EDC 4B Future Agenda Items.pdf
Nothing added.
No action taken.
9. 2010-352-T Next Meeting Date - August 9, 2010 at 6:30 p.m.
President Hicks announced the next Regular Session meeting is scheduled for August 9,
2010 at 6:30 p.m.
No action taken.
Adjourn
Director Murray motioned to adjourn; Director Bishop seconded. The motion
CARRIED by the following vote:
7 - Aye: President Hicks, Director Bishop, Director Jeffery, Vice President Glaser,
Secretary/Treasurer Murray, Director Sanders, and Director Shuman
Meeting adjourned at 7:56 p.m.
______________________________
J ames Hicks, President
______________________________
Dean Murray, Treasurer/Secretary
EDC 4B 7 of 40 Meeting Date: September 13, 2010
100 Municipal Drive
Trophy Club, Texas 76262Trophy Club Entities
Legislation Details (With Text)
File #: Version:12010-464-T Name:
Status:Type:Agenda Item Regular Session
File created:In control:9/2/2010 Economic Development Corporation 4B (EDC 4B)
On agenda:Final action:9/13/2010
Title:Discuss and take appropriate action regarding the Monthly Financials Dated:
a. June 2010
b. July 2010
Attachments:June 2010 Monthly Financial Statements.pdf
July 2010 Monthly Financial Statements.pdf
Action ByDate Action ResultVer.
EDC 4B 8 of 40 Meeting Date: September 13, 2010
File #: 2010-464-T, Version: 1
Title
Discuss and take appropriate action regarding the Monthly Financials Dated:
a. June 2010
b. July 2010
EDC 4B 9 of 40 Meeting Date: September 13, 2010
EDC 4B 10 of 40 Meeting Date: September 13, 2010
EDC 4B 11 of 40 Meeting Date: September 13, 2010
EDC 4B 12 of 40 Meeting Date: September 13, 2010
EDC 4B 13 of 40 Meeting Date: September 13, 2010
EDC 4B 14 of 40 Meeting Date: September 13, 2010
EDC 4B 15 of 40 Meeting Date: September 13, 2010
100 Municipal Drive
Trophy Club, Texas 76262Trophy Club Entities
Legislation Details (With Text)
File #: Version:12010-465-T Name:
Status:Type:Agenda Item Regular Session
File created:In control:9/2/2010 Economic Development Corporation 4B (EDC 4B)
On agenda:Final action:9/13/2010
Title:Interview candidates for the three (3) expired seats on the Economic Development Corporation 4B
Board:
a. 6:45 p.m. - Nicole Fontayne
b. 7:00 p.m. or immediately following previous applicant - James Hanna
c. 7:15 p.m. or immediately following previous applicant - Amy London
d. 7:30 p.m. or immediately following previous applicant - Bob Fair
e. 7:45 p.m. or immediately following previous applicant - Sean Weaver
f. Questions/Comments for current Director reapplying - Jim Hicks
Attachments:EDC 4B Applications.pdf
Action ByDate Action ResultVer.
EDC 4B 16 of 40 Meeting Date: September 13, 2010
File #: 2010-465-T, Version: 1
Title
Interview candidates for the three (3) expired seats on the Economic Development Corporation 4B Board:
a. 6:45 p.m. - Nicole Fontayne
b. 7:00 p.m. or immediately following previous applicant - James Hanna
c. 7:15 p.m. or immediately following previous applicant - Amy London
d. 7:30 p.m. or immediately following previous applicant - Bob Fair
e. 7:45 p.m. or immediately following previous applicant - Sean Weaver
f. Questions/Comments for current Director reapplying - Jim Hicks
EDC 4B 17 of 40 Meeting Date: September 13, 2010
EDC 4B 18 of 40 Meeting Date: September 13, 2010
EDC 4B 19 of 40 Meeting Date: September 13, 2010
EDC 4B 20 of 40 Meeting Date: September 13, 2010
EDC 4B 21 of 40 Meeting Date: September 13, 2010
EDC 4B 22 of 40 Meeting Date: September 13, 2010
EDC 4B 23 of 40 Meeting Date: September 13, 2010
EDC 4B 24 of 40 Meeting Date: September 13, 2010
EDC 4B 25 of 40 Meeting Date: September 13, 2010
EDC 4B 26 of 40 Meeting Date: September 13, 2010
EDC 4B 27 of 40 Meeting Date: September 13, 2010
EDC 4B 28 of 40 Meeting Date: September 13, 2010
EDC 4B 29 of 40 Meeting Date: September 13, 2010
EDC 4B 30 of 40 Meeting Date: September 13, 2010
EDC 4B 31 of 40 Meeting Date: September 13, 2010
EDC 4B 32 of 40 Meeting Date: September 13, 2010
EDC 4B 33 of 40 Meeting Date: September 13, 2010
EDC 4B 34 of 40 Meeting Date: September 13, 2010
100 Municipal Drive
Trophy Club, Texas 76262Trophy Club Entities
Legislation Details (With Text)
File #: Version:12010-466-T Name:
Status:Type:Agenda Item Regular Session
File created:In control:9/2/2010 Economic Development Corporation 4B (EDC 4B)
On agenda:Final action:9/13/2010
Title:Discuss and tape appropriate action regarding a recommendation of candidates to the Town Council
for three (3) expired seats on Economic Development Corporation 4B.
Attachments:
Action ByDate Action ResultVer.
EDC 4B 35 of 40 Meeting Date: September 13, 2010
File #: 2010-466-T, Version: 1
Title
Discuss and tape appropriate action regarding a recommendation of candidates to the Town Council for three (3) expired
seats on Economic Development Corporation 4B.
EDC 4B 36 of 40 Meeting Date: September 13, 2010
100 Municipal Drive
Trophy Club, Texas 76262Trophy Club Entities
Legislation Details (With Text)
File #: Version:12010-467-T Name:
Status:Type:Agenda Item Regular Session
File created:In control:9/2/2010 Economic Development Corporation 4B (EDC 4B)
On agenda:Final action:9/13/2010
Title:Next Meeting scheduled for October 11, 2010 at 6:30 p.m.
Attachments:
Action ByDate Action ResultVer.
EDC 4B 37 of 40 Meeting Date: September 13, 2010
File #: 2010-467-T, Version: 1
Title
Next Meeting scheduled for October 11, 2010 at 6:30 p.m.
EDC 4B 38 of 40 Meeting Date: September 13, 2010
100 Municipal Drive
Trophy Club, Texas 76262Trophy Club Entities
Legislation Details (With Text)
File #: Version:12010-468-T Name:
Status:Type:Agenda Item Regular Session
File created:In control:9/2/2010 Economic Development Corporation 4B (EDC 4B)
On agenda:Final action:9/13/2010
Title:President Hicks to address outgoing Directors.
Attachments:
Action ByDate Action ResultVer.
EDC 4B 39 of 40 Meeting Date: September 13, 2010
File #: 2010-468-T, Version: 1
Title
President Hicks to address outgoing Directors.
EDC 4B 40 of 40 Meeting Date: September 13, 2010