Minutes EDC 4B 09/10/2007MINUTES OF REGULAR SESSION
ECONOMIC DEVELOPMENT CORPORATION 4B
TOWN OF TROPHY CLUB
SEPTEMBER 10, 2007
6:30 P.M.
STATE OF TEXAS
COUNTY OF DENTON
The Economic Development Corporation 413 of the Town of Trophy Club, Texas, met in a
Regular Session on September 10, 2007. The meeting was held within the boundaries of
the Town and was open to the public.
DIRECTORS PRESENT:
James Hicks
President
Damian Olthoff
Secretary
Larry E. Crosser
Treasurer
Glenn Strother
Director
DIRECTORS ABSENT:
Doyle Nicholson Vlce-President
Cy Holley Director
Rebecca Shuman Director
Philip Sterling Council Liaison
STAFF AND GUEST(S) PRESENT:
Stephen Seidel Assistant Town Manager
Shannon DePrater Staff Liaison
REGULAR SESSION
Call to order and announce a quorum.
President Hicks, noting a quorum of EDC 413, called the regular session to order at 6:37
p.m.
Discuss and take appropriate action regarding a recommendation to the Town Council
of candidates for five (5) expired seats on the EDC413.
Director Strother made a motion to recommend the appointment of Directors Crosser,
Nicholson, Olthoff and Shuman for a two year term to expire in 2009 and appoint
Director Hicks for a one year term to expire in 2008. Director Crosser seconded, motion
carried unanimously.
Discuss and take appropriate action regarding the Economic Summit and Business Expo
Booth.
President Hicks will attend and help staff. No action taken.
EDC B
September 13, 2007 Regular Session
Page 2 of 3
Discuss and take appropriate action regarding September ICSC Conference.
The Board discussed the presentation materials that will be handed out at the
conference. The Board directed staff to include Information from the Buxton Study and
the Economic Development website. Staff will send them the packet to review, once
complete.
Discuss and take appropriate action regarding Buxton Study.
A. Retail Options Survey
The Board discussed the retail survey results and decided after getting clarification on
the exact number of packets that the following list Is to be supplied to Buxton.
SPECIFIC
1, Atlanta Bread
2. Panera Bread
3. Bruster`s Ice Cream
4. Buffalo's Cafe
5. Chipotle
6. Fox and Hound
7. La Madeleine French Bakery
8. Philly Connection
9. Saltgrass Steakhouse
10. Wings to Go
11. World Kitchen
12. Chick-fil-A
13, Taco Cabana
14. Freebirds World Burrito
15. Rosati's Pizza
GENERIC
1. Sit down steak/hamburger restaurant
2. Soup/Sandwiches
3. Sports Bar
4. Fast Food
5, Ice Cream
Discuss and take appropriate action regarding Long Range/Strategic Planning.
A. Discuss and take appropriate action regarding Strategic Planner hiring.
After discussing the expense of the facilitator, the consensus of the Board was to create
a strategic outline at the December meeting and then bring in a facilitator at a later
date, If needed.
Discuss and take appropriate action to forward revised FY07/08 Budget to Town Council
for approval.
No action needed, the strategic planner expense can be expensed out of EDC
Projects.
Approval of Minutes:
A. July 9, 2007 Regular Session
B. August 13, 2007 Regular Session/Workshop Session
Director Olthoff made a motion to approve the minutes as amended. Director Strother
seconded; motion carried unanimously.
The amended August 13, 2007 minutes include:
♦ Discuss and take appropriate action regarding a recommendation to the Town
Council of candidates for one (5) expired seats on the EDC4B.
Director. Holley made a motion to re-elect all incumbents. Director 94hetf
Strother seconded.
EDC B
September 93, 2007 Regular Session
Page 3 of 3
Approval of Financials:
A. July 2007
Director Crosser made a motion to approve. Director Olthoff seconded; motion carried
unanimously.
Other Business:
Director Crosser mentioned the ICSC Luncheon on September 26, 2007, Stephen Seidel,
Assistant Town Manager, stated that he would be attending the luncheon. The board
decided to pay for Mr. Seidel's ICSC membership and luncheon.
Next Meeting scheduled for October 8, 2007 at 6:30 p.m.
No action taken.
Adjourn regular session.
Director Olthoff made a motion to adjourn at 8;07 p,m. Director Strother seconded;
motion carried unanimously.
Jim Hcus, President m an Olthoff, Secre ary