Minutes EDC 4B 01/12/2004MINUTES OF WORKSHOP/REGULAR SESSION
ECONOMIC DEVELOPMENT CORPORATION 4B
TOWN OF TROPHY CLUB
JANUARY 12, 2004
STATE OF TEXAS
COUNTY OF DENTON
The Economic Development Corporation 4B of the Town of Trophy Club, Texas, met in a
Workshop/Regular Session on January 12, 2004. The meeting was held within the boundaries of
the Town and was open to the public.
DIRECTORS PRESENT:
James Hicks
President
Tim Meredith
Director
Rebecca Shuman
Director
Pam Cates
Treasurer
DIRECTORS ABSENT:
Doyle Nicholson Vice President
Andy Hayes Secretary
STAFF AND GUEST (S) PRESENT:
Roger Unger Staff Liaison
Jan Woodruff EDC Clerk
Bill Devlin Resident
WORKSHOP SESSION
CALL TO ORDER AND ANNOUNCE A QUORUM.
President Hicks called the meeting to order at 7:34 p.m., announced that there was a quorum,
and proceeded to the Regular session.
REGULAR SESSION
DEVELOPER'S REPORT:
No developers were present.
DISCUSSION AND APPROPRIATE ACTION FOR ADDING DONNA WELSH TO THE
TEXPOOL ACCOUNT:
Director Shuman made a motion to add Donna Welsh to the Texpool Account. The authorized
signatures are from James Hicks, Doyle Nicholson, Pamela Cates, Andrew Hayes, Roger Unger,
Diane Cockrell, and Donna Welsh. Director Cates seconded the motion and it passed
unanimously.
DISCUSSION AND APPROPRIATE ACTION FOR STRATEGIC PLANNING:
Tabled until the next meeting. It was suggested that the directors review the "white paper" and
make notes for the next meeting.
DISCUSSION AND APPROPRIATE ACTION FOR HONORING FORMER BOARD MEMBERS:
It was suggested that a large stone with a town logo might be considered. There needs to be
established criteria for honoring former board members across the committees and boards. No
action taken.
EDCB January 12, 2004 Meeting Minutes
DISCUSSION AND APPROPRIATE ACTION TOAPPROVE THE FY2003 ECONOMIC
DEVELOPMENT CORPORATION REPORT FOR THE COMPTROLLER'S OFFICE:
Director Cates made amotion h)approve the FY2UU3Economic Development Corporation report
to the Comptroller's Office as written. Director Shuman seconded the motion and it passed
unanimously.
REVIEW AND APPROVE MINUTES:
Director Shuman made amotion k>approve the December O.2083meeting minutes us
submitted. Director Cates seconded the motion and it passed unanimously.
REVIEW AND APPROVE FINANCIAL REPORT:
Director Cates made a motion to approve the December 2003 financials. Director Meredith
seconded the motion and itpassed unanimously.
OTHER BUSINESS:
Director Shuman suggested a joint workshop between the Economic Development Corporations
and the Town Council.
ADJOURN:
Director Meredith made a motion to adjourn at 8:35 p.m. Director Shuman seconded the motion
and itpassed unanimously.