Minutes EDC 4B 04/11/2005NOTICE OF WORKSHOP/PUBLIC HEARING/REGULAR SESSION
ECONOMIC DEVELOPMENT CORPORATION 4B
TOWN OF TROPHY CLUB
APRIL 11, 2005
6:30 P.M.
STATE OF TEXAS
COUNTY OF DENTON
The Economic Development Corporation 4B of the Town of Trophy Club, Texas, met in a Workshop/Public
Hearing/Regular Session on April 11, 2005. The meeting was held within the boundaries of the Town and
was open to the public.
DIRECTORS PRESENT:
Doyle Nicholson
Vice -President
Andy Hayes
Secretary
Bill Devlin
Treasurer
Rebecca Shuman
Director
Amanda Foust
Director
Ralph Scoggins
Director
DIRECTORS ABSENT:
James Hicks President
STAFF AND GUEST (S) PRESENT:
Sharon Huppert EDC Clerk
Roger Unger Staff Liaison
PUBLIC HEARING
1. CALL TO ORDER AND ANNOUNCE A QUORUM.
Vice President Nicholson .called the Public Hearing to order at 6:45 p.m., and announced that there was a
quorum.
2. DISCUSSION OF FUNDING THE BOOTH AT THE NORTHWEST COMMUNITIES PARTNERSHIP
REALTORS INFORMATION CONFERENCE.
No one was present to object to the funding of the "Northwest Communities Partnership Realtors Information
Conference".
3. ADJOURN PUBLIC HEARING.
Director Shuman made a motion to adjourn the Public Hearing at 6:49 p.m. Director Foust seconded the
motion and it passed unanimously.
REGULAR SESSION
1. CALL TO ORDER AND ANNOUNCE A QUORUM.
Vice President Nicholson called the meeting to order at 6:50 p.m. and announced that there was a quorum.
2. DISCUSSION AND A PRESENTATION BY JONATHAN HARRIS, PUBLICATION MANAGER,
GREATER DALLAS CHAMBER ECONOMIC DEVELOPMENT GUIDE.
Board recommended that we forego the expense of the advertisement at this time and place the fee of the
advertisement into next years budget. The Directors requested Sharon Huppert to inquire the availability of
Jonathan Harris, Greater Dallas Chamber Economic Development Guide, to give a presentation at the May,
2005 EDC4B meeting.
3. DISCUSSION AND APPROPRIATE ACTION TO FUND THE GREATER DALLAS CHAMBER
ECONOMIC DEVELOPMENT GUIDE NOT TO EXCEED THE AMOUNT OF $1200.
Tabled until next meeting.
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ECONOMIC DEVELOPMENT CORPORATION 4B
APRIL 11, 2005
Page Two
4. DISCUSSION AND TAKE APPROPRIATE ACTION TO IMPLEMENT AN ECONOMIC
DEVELOPMENT TASK FORCE. (AMANDA FOUST)
A discussion was held to develop a task force within the entities of the Town with hopes to increase the tax
base.
Secretary Hayes made a motion to appoint Director Foust to develop and submit a Resolution to the Council
that would implement an Economic Development Task Force. Treasurer Devlin seconded the motion and it
passed unanimously.
5. DISCUSSION AND UPDATE ON CO -AMERICA. (REBECCA SHUMAN/ADAM ADAMS)
A brief discussion was held. Roger Unger updated the Board in reference to Co -America's decision to pull
the project at this time.
6. DEVELOPER'S REPORT.
Roger Unger gave a brief report on DR Horton's purchase of land from Beck Properties.
7. DISCUSSION AND APPROPRIATE ACTION FOR STRATEGIC PLANNING.
Director Shuman led a discussion on joint development and a joint use community center. Roger Unger
suggested that the EDC4B might obtain first from the Council recommendations on how to proceed.
8. REVIEW AND APPROVE MEETING MINUTES.
Treasurer Devlin made a motion to approve the March 14, 2005 meeting minutes. Secretary Hayes
seconded the motion and it passed unanimously.
9. APPROVAL OF FINANCIAL STATEMENTS.
Director Shuman made a motion to accept and approve the February, 2005 financials. Treasurer Devlin
seconded the motion and it passed unanimously.
10. OTHER BUSINESS.
a) The Directors requested Sharon Huppert to add an agenda item to the next meeting
honoring the former EDC4B clerk, Jan Woodruff.
b) The Directors requested Sharon Huppert to update the Board member list and add to the
next packet.
c) The Directors requested Sharon Huppert to update the portion of the website "Projects
Funded by EDC4B".
11. ADJOURN REGULAR SESSION.
Director Scoggins made a motion to adjourn at 8:35 p.m. Secretary Hayes seconded the motion and it
Vice President
Andy Hayes
Secretary