Minutes EDC 4B 07/09/2007MINUTES OF REGULAR SESSION
ECONOMIC DEVELOPMENT CORPORATION 4B
TOWN OF TROPHY CLUB
JULY 9, 2007
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 Regular
Session on July 9, 2007. The meeting was held within the boundaries of the Town and was open to the
public.
DIRECTORS PRESENT:
James Hicks
Doyle Nicholson
Damian Olthoff
Larry E. Crosser
Rebecca Shuman
Glenn Strother
DIRECTORS ABSENT:
Cy Holley
Philip Sterling
STAFF AND GUEST(S) PRESENT:
Shannon DePrater
Nick Sanders
Karin Newell
LeAnn Brown
Phoebe Dill
Jeff Robinson
President
Vice -President
Secretary
Treasurer
Director
Director
Director
Council Liaison
Staff Liaison
Mayor
President, Artsnet
Town of Trophy Club Arts Advisory Group Member
Town of Trophy Club Arts Advisory Group Member
Town of Trophy Club Arts Advisory Group Member
REGULAR SESSION
Call to order and announce a quorum.
President Hicks, noting a quorum, called the regular session to order at 6:37 p.m.
Open Public Hearing:
On the 91h day of July 2007 and the 13th day of August 2007, at 6:30 p.m. there will be a public
hearing of the Economic Development Corporation 4B of the Town of Trophy Club, Texas, at
the Municipal Utility District Building, 100 Municipal Drive, Trophy Club, Texas, 76262, for the
purpose of considering the expenditure of funds for the fiscal year 2007-2008 budget. There is
a sixty-day period that begins June 22, 2007, the date of the first public notice of the
proposed project(s), during which the public may submit a petition with any objections to
the project(s). Please contact Shannon DePrater concerning any questions, (682) 831-4605.
President Hicks opened the Public Hearing at 6:37 pm.
No Citizen input.
Close Public Hearing until August 13th, 2007.
President Hicks closed the public hearing at 6:38 p.m.
EDC B
July 9, 2007 Regular Session
Page 2 of 2
Hear presentation from the Trophy Club Arts Advisory Group, discuss and take appropriate
action regarding a request for funding the Town's membership to Artsnet for FY07/08.
Artsnet President Karin Newell addressed the Board and gave a brief history. A question and
answer session regarding services Artsnet could provide to the Town ensued. The Board asked
Ms. Newell to provide Artsnet Operating Statements for review at their next meeting.
The Board's consensus was to table this until the August 13, 2007 meeting to give them a chance
to review the requested information.
Approval of Meeting Minutes:
a. June 11, 2007 Regular Session
b. June 20, 2007 Special Session
Director Olthoff made a motion to approve the June 11, 2007 Regular Session minutes as
amended and the June 20, 2007 Special Session minutes as written. Director Shuman seconded;
motion carried unanimously.
The amendments made to the June 1], 2007 Regular Session minutes include:
♦ Removing the arrears on page 2, line 2, paragraph 1
o Adding fund before expense on page 2, line 3, paragraph 1
® Changing EDC 4B to EDC 4A on page 2, line 2, paragraph 7
Other business:
a. Buxton Update
b. Next meeting scheduled for August 13, 2007 at 6:30 p.m.
Director Shuman asked that Strategic Planning be added to the August 13, 2007 meeting
agenda.
Adjourn regular session.
Director Crosser made
carried unanimously.
!; � �®
Jim c s
a motion to adjourn at 8:06 p.m. Director Nicholson seconded; motion
Damian Olthoff