Minutes EDC 4B 06/14/2004MINUTES OF WORKS HOPIREGULAIR SESSION
ECONOMIC DEVELOPMENT CORPORATION 4B
TOWN OF TROPHY CLUB
JUNE 14, 2004
STATE OF TEXAS
COUNTY OF DENTON
The Economic Development Corporation 4B of the Town of Trophy Club, Texas, met in a Public
Hearing/WorkshopfRegular Session on June 14, 2004. The meeting was head within the boundaries
of the Town and was open to the public.
DIRECTORS PRESENT
James Hicks
President
Moyle Nicholson
Vice -President
Andy Hayes
Secretary
Tim Meredith
Director
Bili Devlin
Director
DIRECTORS ABSENT:
Rebecca Shuman Director
Pam Cates Treasurer
STAFF AND GUEST (S) PRESENT.
Roger Unger Staff Liaison
Jan 'Woodruff EDC Clerk
PUBLIC HEARING
CALL TO ORDER AND ANNOUNCE A QUORUM.
President Hicks called the public hearing to order at 7:02 p.m. announced that there was a quorum
DISCUSSION AND APPROPRIATE ACTION FOR APPROVING THE FY2004-05 BUDGET.
No discussion since there were no one attending from the public.
ADJOURN PUBLIC HEARING.
President Hicks adjourned the public hearing and proceeded into Regular Session.
REGULAR SESSION
DEVELOPER'S REPORT:
No developers were present.
DISCUSSION AND APPROPRIATE ACTION FOR APPROVING 100% FUNDING FOR POOL
OPERATIONS IN FY2004-05 BUDGET.
There was much discussion about possible projects and the ability for the surplus to grow for future
projects. It was the consensus to have Roger Unger come back with more data. This was tabled until
the next meeting.
DISCUSSION AND APPROPRIATE ACTION FOR DEVELOPING THE FY2004-05 BUDGET:
No action taken and it was tabled until the next meeting_
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EDCB June 14, 2004 Meeting Minutes
DISCUSSION AND APPROPRIATE ACTION FOR UPDATING THE TOWN OF TROPHY CLUB
WEBSITE FOR THE ECONOMIC DEVELOPMENT CORPORATION B SITE:
No action was taken.
DISCUSSION AND APPROPRIATE ACTION FOR STRATEGIC PLANNING:
No action was taken.
REVIEW AND APPROVE MINUTES:
Director Meredith made a motion to approve the May 10, 2004 meeting minutes. Director Nicholson
seconded the motion and it passed unanimously. Director Mayes abstained.
REVIEW AND APPROVE FINANCIAL REPORT:
Director Nicholson made a motion to approve the May 2004 financials. Director Devlin seconded the
motion and it passed unanimously.
OTHER BUSINESS:
None
ADJOURN:
Director Hayes made a motion to adjourn at 8:17 p.m. Director Devlin seconded the motion and it
passed unanimously.
Ji Hicks Andy Hayes `
President Secretary