Loading...
Minutes EDC 4B 11/11/1996MINUTES OF TROPHY CLUB ECONOMIC DEVELOPMENT CORPORATION TROPHY CLUB, TEXAS NOVEMBER 11, 1996 THE STATE OF TEXAS: THE COUNTY OF DENTON: The Trophy Club Economic Development Corporation met in a regular session on Monday November 11, 1996 in the Municipal Utility District Building. The meeting was held within the boundaries of the Town and was open to the public. Corporation Members Present: Robert Burns John Carter Pam Cates Terry Christlieb Marshall Engelbeck David Garlitz Dan Heath Council and Staff Members Present: Karen Sadri Recording Secretary CALL TO ORDER. (Arrived 7:10) John Carter, Acting Meeting Facilitate, called the meeting to order at 7:00 p.m., noting a quorum was present. REVIEW AND ADOPT CORPORATION BYLAWS. Acting Meeting Facilitator Carter asked that this agenda item be discussed after appointing the corporation officers. APPOINT CORPORATION OFFICERS. After a short discussion E.D.C. Member Christlieb announced by consensus the following: Robert Burns Terry Christlieb David Garlitz Dan Heath President Vice -President Treasurer Secretary The members then agreed to meeting on the second Monday of the month and to setting January 13th, 1997 for the next regular meeting. The members requested that Town Attorney, John Hill, also be in attendance. President Burns asked that John Carter conduct the remainder of this meeting and stated that he would assume his regular duties in January. Acting Meeting Facilitator Carter announced the return to agenda item 2. Page 2, Regular Trophy Club E.D.C. Meeting, 11/11/96 REVIEW AND ADOPT CORPORATION BYLAWS. Vice -President Christlieb requested the following changes to page four of the Articles of Incorporation: His date of term expiration be 09/17/98 not 01/17/98 All the members classification be citizen except for Council Member Engelbeck These changes are to be made before the Articles are recorded with the Secretary of State's Office. After discussion ensued regarding the future direction of this corporation, Treasurer Garlitz suggested the members be given more time to study the bylaws. Vice -President Christlieb then asked for this agenda item to be tabled until the next meeting. All other members were in agreement. OTHER BUSINESS. Concerns and questions regarding the corporation were: The liability and protection of its members Who and where the official records are maintained The budget's expenditures for supplies and staff compensation The Town Council's participation in a coalition of cities to support and defend local control of 4A and 4B Sales Tax revenues F-3 all, roil 11 111 As there was no other business to discuss, Secretary Heath made a motion to adjourn at 7:53 p.m. Treasurer Garlitz seconded; motion passed unanimously. Acting Meeting Facilitator Recording Secretary