Minutes EDC 4B 12/09/2002MINUTES OF WORKSHOP/REGULAR SESSION
ECONOMIC DEVELOPMENT CORPORATION 4B
TOWN OF TROPHY CLUB
December 9, 2002
STATE OF TEXAS
COUNTY OF DENTON
The Economic Development Corporation 413 of the Town of Trophy Club, Texas, met in a
Workshop/Regular Session on December 9, 2002. The meeting was held within the boundaries
of the Town and was open to the public.
DIRECTORS PRESENT
James Hicks
President
Jonathan Witherspoon
Vice -President
John Carter
Treasurer
Pam Cates
Director Arrived at 6:52 p.m.
Terry Christlieb
Director Departed at 7:50 p.m.
Doyle Nicholson
Director
Andy Hayes
Secretary
DIRECTORS ABSENT:
STAFF AND GUEST(S) PRESENT
Roger Unger Staff Liaison
Jan Woodruff Staff
Susan Edstrom Town Councilmember
Neil Twomey Local Option Election Committee Co -Chairman
PUBLIC HEARING
CALL PUBLIC HEARING TO ORDER.
President Hicks stated a quorum was present at 6:37 p.m.
DISCUSSION AND APPROPRIATE ACTION FOR THE PURPOSE OF EXPENDITURE OF
FUNDS FOR CONSTRUCTION OF AND INCENTIVES FOR THE TROPHY WOOD DRIVE
EXTENSION AND THE PLAZA PROJECTS FOR COMMERCIAL DEVELOPMENT PER THE
REQUEST OF THE SYNERGY GROUP.
There was no one from the public that wanted to speak.
ADJOURN PUBLIC HEARING.
Director Carter made a motion to adjourn the public hearing. Director Christlieb seconded the
motion. The public hearing was unanimously adjourned at 6:38 p.m.
WORKSHOP SESSION
CALL TO ORDER AND ANNOUNCE A QUORUM.
President Hicks proceeded to the Regular session.
REGULAR SESSION
DEVELOPER'S REPORT.
There was no developer present.
DISCUSSION AND APPROPRIATE ACTION TO FUND SHOP TROPHY CLUB FIRST
BROCHURES.
Susan Edstrom presented a brochure for the Shop Trophy Club First for comments. Roger Unger
indicated that the brochure might be included as a water bill insert. Susan wants the EDCs to pay
for printing and mailing costs. This action was tabled until the next meeting and Susan Edstrom
will come back.
PAGE EDC 4B DECEMBER 9'2OO2
DISCUSSION AND APPROPRIATE ACTION TOFILL SECRETARY'S POSITION ONTHE
EDCBBDARD.
Director Hayes was welcomed to the EOCB Board for his first meeting. Director Cates nominated
Director Hayes for Secretary. DinaotorChriat|iab made motion to appoint Director Hayes as
Secretary. Director Nicholson seconded the motion and itpassed unanimously.
DISCUSSION AND APPROPRIATE ACTION REGARDING PRESENTATION AND REQUEST
FROM DEVELOPER ON1G`ACFlECOMMERCIAL TRACT FRONTING HIGHWAY 114.
Roger Unger will turn the incentive package information for a resolution to the Town attorney
once the land has sold. The road will bededicated tothe city. Action will betaken atthe January
13.2003meeting.
DISCUSSION AND APPROPRIATE ACTION TDPROVIDE FUNDING FOR THE LOCAL
OPTION COMMITTEE EXPENSES.
Neil Twomey presented an application from the Local Option Election Committee asking for the
future expenses hobepaid for from EDCBfunds. Hepresented onoverview ofthe actions
required by Legislators and the actions needed within Trophy Club for the citizens to be able to
vote onaLocal Option Election for beer, wine, and possibly mixed drinks. Discussion ensued
about the enhanced possibilities of bringing in restaurants and hotels if this passed. Director
Christlieb made a motion to call a public hearing to consider reimbursing of expenses not to
exceed $50O0tothe Local Option Committee asa project. Director Nicholson seconded the
motion and it passed unanimously. Pam Cates abstained from the vote because she iea member
ofthe Local Option Committee.
REVIEW AND APPROVE MINUTES.
Director Witherspoon made a motion to adopt the November 11, 2002 minutes. Director Carter
seconded the motion. The motion passed unanimously with Director Hayes abstaining.
REVIEW AND APPROVE FINANCIAL REPORT:
Director Carter made a motion to approve the November 2002 financial statements. Director
Witherspoon seconded the motion and the motion passed unanimously.
OTHER BUSINESS.
Roger Unger gave an update on the Pool construction. It is anticipated that there will be
additional costs of $350,000 because of timing, soil conditions, and added amenities.
ADJOURN.
Director Carter made u motion to adjourn at 8:25 p.m. Director Nicholson seconded the motion
and itpassed unanimously.
Ja Js Hicks Andy Hayes
Pli'dent Secretary