Minutes EDC 4B 02/14/2005MINUTES OF WORKSHOP/REGULAR SESSION
ECONOMIC DEVELOPMENT CORPORATION 4B
TOWN OF TROPHY CLUB
FEBRUARY 14, 2005
STATE OF TEXAS
COUNTY OFDENTON
The Economic Development Corporation 413 of the Town of Trophy Club, Texas, met in a Workshop/Regular
Session on February 14, 2005. The meeting was held within the boundaries of the Town and was open to
the public.
DIRECTORS PRESENT
James Hicks
President
Bill Devlin
Treasurer
Rebecca Shuman
Director
Andy Hayes
Secretary
DIRECTORS ABSENT:
Doyle Nicholson Vice -President
Tim Meredith Director
STAFF AND GUEST (S) PRESENT
Sharon Huppert EDC Clerk
Adam Adams Parks and Recreation Department
REGULAR SESSION
1. CALL TO ORDER AND ANNOUNCE A QUORUM.
President Hicks called the meeting to order at 6:45p.m,and announced that there was a quorum.
2. DEVELOPER'S REPORT.
No developers were present. Adam Adams gave a brief summary of conversations with Beck Properties.
3. DISCUSSION AND APPROPRIATE ACTION TO REQUEST ASSISTANCE TO APPROVE
PARTIAL FUNDING OF 20" YEAR ANNIVERSARY CELEBRATION.
Adam Adams, Parks and Recreation Administrator, gave a presentation. A discussion was held pertaining to
possible assistance in funding the Town's 200" year anniversary celebration in conjunction with Arbor Day
activities.
Treasurer Devlin made a motion to accept and approve the request to fund the activities in the amount of
$3850. Secretary Hayes seconded the motion and it passed unanimously.
4. DISCUSSION AND APPROPRIATE ACTION TO REQUEST ASSISTANCE TO APPROVE
FUNDING OF A BOOTH AT THE NORTHWEST COMMUNITIES PARTNERSHIP REALTORS
INFORMATION CONFERENCE (REALTOR DAY AT THE NORTHWEST INDEPENDENT SCHOOL
DISTRICT).
Adam Adams, Parks and Recreation Administrator, gave a presentation. A discussion was 'held pertaining to
possible assistance In funding the Town booth at the Northwest Communities Partnership Realtors
Conference.
Secretary Hayes made a motion to accept and approve the request to fund the information conference in the
amount of $1350. Treasurer Devlin seconded the motion and it passed unanimously.
5. DISCUSSION AND APPROPRIATE ACTION FOR STRATEGIC PLANNING.
A discussion was geld in reference to the EDC4B monies and what the monies, budget and/or revenues
should support. A discussion was held on whether a survey to the residents is feasible. No action was taken.
The directors requested Sharon Huppert to obtain from Roger Unger a copy of the Vision 2010 plan for the
Town and hand out copies at the March meeting.
February 14, 2005
Page Two
G. APPROVAL OF MEETING MINUTES.
Treasurer Devlin made a motion to approve the January 10, 2005 meeting minutes with the correction to
delete Secretary Hayes signature (due to his absence at the January meeting) on the second page and add
a line for Vice President Nicholson to sign the January meeting minutes. Director Shuman seconded the
motion and it passed unanimously.
7. APPROVAL OF DECEMBER FINANCIAL STATEMENTS.
The approval of the December financials was tabled until the March meeting.
8. OTHER BUSINESS.
Director Shuman requested a discussion at the March meeting in reference to the EDC413 website.
9. ADJOURN REGULAR SESSION.
Treasurer Devlin made a motion to adjourn at 8:87 p.m. Director Shuman seconded the motion and it
passed unanimously.
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Jim Hicks
President
Andy Hayes
Secretary