Minutes EDC 4B 08/11/2008MINUTES OF REGULAR SESSION FOR THE
ECONOMIC DEVELOPMENT CORPORATION 4B BOARD
LOCATION: 100 MUNICIPAL DRIVE, TROPHY CLUB, TEXAS
Monday, August 11, 2008
6:30 PM
STATE OF TEXAS
COUNTY OF DENTON
The Economic Development Corporation 413 of the Town of Trophy Club, Texas, met in Regular
Session on August 11, 2008. The meeting was held within the boundaries of the Town and was open to
the public.
EDC 4B DIRECTORS PRESENT:
James Hicks
President
Dave Glaser
Vice President
Larry E. Crosser
Treasurer
Damian OithofF
Secretary arrived at 7:05 p.m.
Dan Bishop
Director
Rebecca Shuman
Director
Glenn Strother
EDC 4B Council Liaison
STAFF AND GUEST(S) PRESENT:
Stephen Seidel Assistant Town Manager
Shannon DePrater Deputy Town Secretary
Sakura Moten-Dedrick Finance Director
Adam Adams Parks and Recreation Director
Zachary Jeffery Applicant
Sheila Lacher Applicant
A.1 Call to order and announce a quorum.
President Hicks, noting a quorum of EDC 413, called the regular session to order at 6:33 p.m.
A.2 Receive update from Parks and Recreation Director Adam Adams regarding Arts
Advisory Group.
Parks and Recreation Director Adam Adams updated the Board on the Arts Advisory Group.
Board converged into Public Hearing at 6:44 p.m.
PUBLIC HEARING
A.3 On July 14, 2008 and August 11, 2008, 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 Svore
Municipal Building, 100 Municipal Drive, Trophy Club, Texas, 76262, for the purpose of
considering various amendments to the fiscal year 2007-2008 budget and for the purpose
of considering the expenditure of funds for the fiscal year 2008-2009 budget. There is a
sixty (60) day period that begins June 13, 2008; the date of the public notice of the
proposed project(s), during which the public may submit a petition with any objections to
the project(s). Please contact Deputy Town Secretary, Shannon DePrater, concerning any
questions at 682-831-4605.
No presentations were made.
EDC B Regular Session Page 1 of 3
August 11, 2008 Minutes
Board convened into Workshop Session at 6:44 p.m.
WORKSHOP SESSION
A.4 Interview candidates for the three (3) expired seats:
a. 6:45 p.m. — Zachary Jeffery
b. 7:00 p.m. or immediately following previous applicant -- Sheila Lacher
c. Questions/comments for current Board members reapplying
The Board interviewed each applicant.
Board convened into Workshop Session at 7:34 p.m.
REGULAR SESSION
A.5 Discuss and take appropriate action regarding a recommendation to the Town Council of
candidates for three (3) expired seats on the BDC413.
Director Crosser moved to recommend Jim Hicks, Dan Bishop and Zachary Jeffery to the three (3)
expired seats. Director Shuman seconded; motion carried unanimously.
A.6 Discuss and take appropriate action to forward FY07I08 Budget Amendment to Town
Council for approval.
Director Crosser moved to recommend FY07108 Budget Amendment to Town Council for approval.
Director Shuman seconded; motion carried unanimously.
A.7 Discuss and take appropriate action to forward FY08109 Budget to Town Council for
approval.
Director Olthoff moved to recommend FY08/09 Budget to Town Council for approval. Director Shuman
seconded; motion carried unanimously.
Board took a five minute recess at 8:25 p.m.
A.8 Discuss and take appropriate action regarding the approval of a contract with GSBS
Architects for a 17 -acre site located across from Byron Nelson High School.
The consensus of the Board is to postpone this agenda item until November 2008 meeting.
A.9 Discuss and take appropriate action regarding scheduling the Strategic Planning
Workshop.
The Board discussed several possible dates and decided to hold the September 15, 2008 Regular
Session meeting at 3:00 p.m. and conduct the Strategic Planning Session immediately following the
Regular Session.
A.10 Discuss and take appropriate action necessary for preparation of the 2008 ICSC Regional
Meeting.
President Hicks and Council Liaison Strother will be attending the 2008 ICSC Regional Meeting.
Assistant Town Manager Seidel will send an updated time table to the Board once he meets with
GSBS.
A.11 Staff Updates:
- Mixed Use Design Charrette
None given.
EDC B Regular Session Page 2 of 3
August 11, 2008 Minutes
A.12 Approval of the July 14, 2008 Regular Session Minutes.
Director Shuman moved to approve the July 14, 2008 Regular Session minutes as corrected. Director
Olthoff seconded; motion carried unanimously.
A.13 Approval of Financials:
A. May 2008
B. June 2008
Director Shuman moved to approve both the May 2008 and June 2008 Financials as written. Director
Glaser seconded; motion carried unanimously.
A.14 Items for Future Agendas:
- Joint Meeting with EDC 4A regarding Pool Bond Payment - November Meeting
- EDC Training
- Skill Set for Future Applicants to the Board
No new items were added.
A.15 Other Business;
None.
A.16 Next Meeting scheduled for September 15, 2008 at 6:30 p.m.
Meeting time will be changed to 3:00 p.m., with the Strategic Planning Session to immediately following
the Regular Session.
A.17 Adjourn regular session.
Director Olthoff moved to adjourn at 9:30 p.m
1
James icks, President
EDC B Regular Session
August 11, 2008 Minutes
Director Glaser seconded; motion carried unanimously.
Damian Althoff, Secretary
Page 3 of 3