Minutes EDC 4B 07/12/1999•
July 12, 1999
STATE OF TEXAS
• • •
The Economic Development Corporation of the Town of Trophy Club, Texas met in a
Regular session July 12, 1999. The meeting was held within the boundaries of the
Town and was open to the public.
DIRECTORS PRESENT:
Terry Christlieb
President
Paul Zigler
Treasurer
John Carter
Director
Scott Smith
Diit;ctor
James Hicks
Director
Pam Cates
Director
DIRECTORS ABSENT:
Jon Livers Director
STAFF AND GUEST(S) PRESENT:
Jim Buxton Staff Liaison
Renae Gonzales Recording Secretary
Susan Edstrom Council
CALL TO ORDER AND ANNOUNCE A QUORUM:
President Christlieb called the meeting to order and announced a quorum at 6:05 p.m.
REVIEW AND APPROVE MINUTES:
Director Carter made a motion to accept the minutes for the July 12, 1999 meeting as written.
Director Hicks seconded. Motion passed unanimously.
REVIEW AND APPROVE FINANCIAL REPORT:
Director Scott made a motion to accept the financial statements as written. Director Carter
seconded. Motion passed unanimously.
DISCUSSION AND ACTION TO ADD JAMES L. BUXTON AS SECOND SIGNATOR
ON THE TEXAS NATIONAL BANK ACCOUNT:
Director Cates made a motion to add James L. Buxton as second signator only for checks in the
amount of $2,000.00 or more. Director Hicks seconded. Motion passed unanimously.
PRELIMINARY DISCUSSION ON BUDGET FISCAL YEAR 99-00:
Director Zigler will draft the 99-00 budget and present at next meeting for approval.
OTHER BUSINESS:
Susan Edstrom, Public Relations Committee, made a presentation concerning new business
incentives through advertising on cable television and the Keller Citizen. The Economic
Development Board agreed to possibly take on as a project for next year. No funds committed
for this year.
]Page 2 ECONOMIC DEVELOPMENT CORP. JuIvI2,1999
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ADJOURN:
Director Zigler made a motion to adjourn the meeting at 8:32 p.m. Director Cates seconded;
motion passed unanimously.
74
Terry Cl-ristli'eb Pam Cates
President Vice -President
8/2/99drg