Minutes EDC 4B 04/22/1997MINUTES OF REGULAR SESSION
ECONOMIC DEVELOPMENT CORPORATION
TOWN OF TROPHY CLUB
April 22, 1997
COUNTY OF DENTON
The Economic Development Corporation of the Town of Trophy Club, Texas met in a regular
session Tuesday, April 22, 1997. The meeting was held within the boundaries of the Town and
was open to the public.
DIRECTORS PRESENT:
Robert Burns
President
Terry Christlieb
Vice President
David Garlitz
Treasurer
Pam Cates
Director
Marshall Engelbeck
Director
DIRECTORS ABSENT:
Dan Heath Secretary
John Carter Director
TOWN STAFF AND GUEST(S) PRESENT:
Karen Sadri
Patti Stoltz
Town Secretary
Chairperson, PR Committee
President Robert Burns called the meeting to order and announced a quorum at 7:08 p.m.
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TCEDC
Regular Session
April 22, 1997
BARBARA ALLEN, STAFF LIAISON TO THE PUBLIC RELATIONS
COMMITTEE TO PRESENT NEWEST BROCHURE AND FUTURE
PROJECTS:
Patti Stoltz, Chairperson, PR Committee presented to the Board a copy of the newest brochure
for the Town of Trophy Club and explained there were also two (2) inserts to be placed in the
brochure. The second brochure is being held until September for tax rates. Ms. Stoltz, stated
that the Committee would like to update the brochures approximately every 18 months and the
inserts as needed. These brochures which replace the current packet will be distributed to the
local developers, Chamber of Commerce and any and all new/potential residents and Realtors.
Ms. Stoltz, also spoke on future projects of the Committee will be involved in.
During the discussion the Board asked Ms. Stoltz for actual figures for the 97-98 years project
costs and when she could present them to the Board. Then they agreed on a written proposal for
the next year's projects costs for the May meeting.
APPROVE MINUTES OF MARCH 10, 1997 MEETING:
Following discussion, the Board asked to amend Page 2 of the minutes in the Tetco/Mobil
restaurant;from "natural food" to "fast food." Director Englebeck moved to accept the minutes
with the proposed amendment. Director Christlieb seconded; motion passed unanimously.
President Burns wanted to reiterate that the Mission Statement is on target and the purpose is
ever changing due to the future of the Corp.
REVIEW TCEDC FINANCIAL STATEMENTS ENDING MARCH 31,1997:
Following discussion, Director Garlitz moved to approve the financial statements. Director
Cates seconded; motion passed unanimously.
DISCUSSION AND APPROPRIATE ACTION REGARDING THE PROJECTS TO BE
CONSIDERED FOR FUNDING BY THE ECONOMIC DEVELOPMENT CORP.:
President Burns invited all suggestions (brainstorming) by the Board for any and all projects they
would like to see addressed.
Director Cates would like to invite all the committees to make presentations to the Board.
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TCEDC
Regular Session
April 22, 1997
Director Englebeck was asked to explain what he wanted to see as far as the Internet/Web page
idea he feels strongly about. Director Englebeck feels this would be a good way for the high
school age children to get involved in local government by helping to maintain the web site and
possibly even using this for a Junior Achievement activity.
Directors Garlitz and Englebeck will be researching the cost of having and maintaining a web
site for national and international exposure.
Director Cates would like to see a plan to project the Corporations intentions.
Director Garlitz would like to see a Junior Achievement type of organization for students and
would like the Board to consider a $2,000.00 donation to get it off the ground, especially with
summer coming.
Director Engelbeck would like to see the concession stand at Harmony Park begin to make a
profit.
Director Christlieb feels the streets/infrastructure is too large a project and would rather
concentrate efforts towards more youth oriented programs.
Director Cates mentioned she would like the possibility of an outdoor theater built in the future.
President Burns concurred stating it could bring the community together through musical
entertainment.
Director Garlitz would like to see the fireworks reinstated this year in the undeveloped area out
by the old Medlin Barn site.
It was discussed by the Board to prioritize presentations for future meetings.
DISCUSSION AND APPROPRIATE ACTION REGARDING A REPRESENTATIVE TO
THE "COALITION FOR COMMUNITY AND ECONOMIC DEVELOPMENT.":
Following discussion, Director Cates volunteered to be the Corp.'s representative to the
Coalition. Director Christlieb nominated Director Cates, if a Town Council member is not
required. Director Garlitz seconded; motion passed unanimously.
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TCEDC
Regular Session
April 22, 1997
OTHER BUSINESS:
A. SELF -INKING "FOR DEPOSIT" STAMP
Following discussion Director Garlitz moved to approve the disbursement of funds for a self -
inking "FOR DEPOSIT" stamp. Director Christlieb seconded provided the cost did not exceed
$20.00; motion passed unanimously.
FUTURE BUSINESS:
A. CREATE BUDGET - ESTIMATED REVENUES $52,000
B. INCREASE TAX RATE
Following discussion, no action was taken.
ADJOURN:
Director Garlitz moved to adjourn at 8:33 p.m. Director Cates seconded; motion passed
unanimously.
At sL �z
Robert Bums, President
Trophy Club Economic Development Corporation
(SEAL)
Wd Heath, Secretary
Trophy Club Economic Development Corporation
05/05/97 k1g