Minutes EDC 4B 10/28/2002 - Special SessionMINUTES OF JOINT SPECIAL SESSION FOR THE
ECONOMIC DEVELOP CORPORATION B AND ECONOMIC DEVELOP CORPORATION A
FOR THE TOWN OF TROPHY CLUB
OCTOBER 28, 2002
The Economic Development Corporation 4A and Economic Development Corporation 4B of the Town ofTrophy
C|ub, met in Special Session on Mondoy. October 28, 2002. The meeting was held within the boundaries of the
Town and was open to the public.
JOINT SPECIAL SESSION
ECONOMIC DEVELOPMENT CORPORATION AMEMBERS PRESENT:
Dwight Morrow
Neal Twomey
Pete Reinuke
J D. Hon/oy
ECONOMIC OEVVELOPK8ENTCORPORATION AMEMBERS ABSENT:
Gary Cantrell
ECONOMIC DEVELOPMENT CORPORATION BMEMBERS PRESENT:
Pam Cates
Jim Hicks
John Carter
Terry Chriat|ieb
Doyle Nicholson
ECONOMIC DEVELOPMENT CORPORATION BMEMBERS ABSENT:
Jonathan Witherspoon
STAFF AND GUESTS PRESENT:
Roger Unger
Jan Woodruff
Hap Baggett
David Cunningham
Jay Marsh
Roger Williams
Beverly Foley
Staff Liaison
Staff
Synergy Group
Midwest Commercial Realty
Pate Engineering
Town Council member
Town Council member
CALL MEETING TO ORDER
President Harvey stated a quorum was present for the EDCA at 7:22 p.m. and proceeded to the special session.
President Hicks stated aquorum was present for the EDCBat7:22p.nn and proceeded tothe special session.
DISCUSSION AND APPROPRIATE ACTION ABOUT FUNDING C3FTHE 1O-ACREPARK AND THE POOL
PROJECT FOR FY2083-2003.
The EDCB requested EDCA to pay the i St year of bond payments if they decide to repay a portion of the
developer's cost for the Trophy Wood road extension. David Cunningham and Hap 8aggettmade apresentation
about the proposed Plaza development including hotels, medical facilities, and restaurants and the incentives
they are requesting from EDCB and the Town of Trophy Club. EDCA indicated that they would pay the bond
payments if the project were approved and a request was made by EDC 4B.
President Hicks adjourned the EDC0 meeting at 8:48. EDCAvvent into their regularly scheduled Workshop and
Regular Session.
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Jariiesi'Hickn.Pnesident