Minutes EDC 4B 06/14/1999TOWN OF TROPHY
June 14, 1999
STATE OF TEXAS
COUNTY OF DENTON
The Economic Development Corporation of the Town of Trophy Club, Texas met in a
Regular session June 14, 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
Director
James Hicks
Director
Jon Livers
Director
DIRECTORS ABSENT:
Pam Cates Director
STAFF AND GUEST(S) PRESENT:
Jim Buxton
Staff Liaison
Renae Gonzales
Recording Secretary
Mark C. Fiford
Bradford Companies
Ernest H. Randall, Jr.
Bradford Companies
John Lester
Bradford Companies
Stephen A. Scott
Valcor Partners
Stephen E. Woods
Valcor Partners
Lance Rose
NCA Architects
Susan Edstrom
Council Member
Pam Irwin
P/R Committee
Jodi Ashby
P/R Committee
Bonita Turner
P/R Committee
Robert Petrach
P/R Committee
CALL TO ORDER AND ANNOUNCE A QUORUM:
President Christlieb called the meeting to order and announced a quorum at 6:08 p.m.
PRESENTATION BY MR. STEPHEN SCOTT OF VALCOR PARTNERS REGARDING
PLANS FOR COMMERCIAL DEVELOPMENT OF VALCO PLAZA NEAR THE EAST
ENTRANCE.
Mr. Scott stated that Valcor Partners plans to purchase 16 acres at T.W. King and Hwy. 114. The
plans are for 6 restaurants and an office building. They are also interested in an adjacent 22 acres.
PRESENTATION BY PUBLIC RELATIONS COMMITTEE REGARDING:
A. EDC APPROVAL OF CONTRACT FOR VIDEO.
B. DISCUSSION OF 99-00 BUDGET PROPOSAL.
Bonita Turner stated that the seven minute video would be completed between August 15th and
30th. The P/R Committee budget was presented to the EDC members. No action taken.
Page 2 ECONOMICCORP.
,t,
PRESENTATION BY LAKEVIEW PTA REGARDING:
A. UPDATE OF PLAYGROUND EQUIPMENT.
B. REQUEST OF DISBURSEMENT OF FUNDS.
Sally Michalak, Playground Chairperson, provided a letter and literature for the packet regarding
the status of the playground. She requested that the $10,000.00 pledged by EDC be disbursed.
Disbursement was approved.
REVIEW AND APPROVE MINUTES:
Director Zigler made a motion to accept the minutes of the June 10, 1999 meetincy. Director
Hicks seconded. Directors Scott and Livers abstained since they were absent at the last meeting.
REVIEW AND APPROVE DISBURSEMENTS:
Director Livers made a motion to approve the disbursements. Director Hicks seconded; motion
passed unanimously.
OTHER BUSINESS:
The Lakeview P.T.A. would like to provide a corporate brick with EDC's name on it in honor of
the donation made.
Brian Chambers presented a bill to EDC for the website expense. The bill will be allocated
between the Town and EDC. No action taken.
ADJOURN:
Director Zigler made a motion to adjourn the meeting at 7:55 p.m. Director Livers seconded;
imotion passed unanimously.
Terry Christlieb
President
6/30/99drg
f r
Pam Cates
Vice -President