Minutes EDC 4B 06/09/2008MINUTES OF REGULAR SESSION FOR THE
ECONOMIC DEVELOPMENT CORPORATION 4B BOARD
LOCATION: 100 MUNICIPAL DRIVE, TROPHY CLUB, TEXAS
Monday, June 9, 20008
6:30 PM
STATE OF TEXAS
COUNTY OF DENTON
The Economic Development Corporation 4B of the Town of Trophy Club, Texas, met in Regular Session on June
9, 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
Dan Bishop. Director.
Rebecca Shuman Director
Glenn Strother EDC 4B Council Liaison
DIRECTORS ABSENT:
Larry E. Crosser Treasurer
Damian Olthoff Secretary
STAFF AND GUEST(S) PRESENT:
Stephen Seidel Assistant Town Manager
Shannon DePrater Deputy Town Secretary
Marty Wieder GSBS Architects
A.1 Call to order and announce a quorum.
President Hicks, noting a quorum of EDC 4B, called the regular session to order at 6:45 p.m.
A.2 Board to hear presentation; discuss and take appropriate action regarding the approval of
contract with Ron Holifield of Strategic Government Resources Inc. for the Trophy Club EDC
Board retreat.
This agenda item has been rescheduled to the July 14, 2008 Regular Session Meeting.
A.3 Board to hear presentation from GSBS Architects.
Marty Wieder of GSBS Architects gave a presentation to the Board and answered questions from the directors.
Discussion ensued, the Board discussed work with property owners needs to continue.
The Board directed staff to move forward with contract discussions, scope of work and assemble research
material.
The Board took a five minute recess
A.4 Discuss and take appropriate action regarding KRLD's Drive to Vote promotion and Trophy Club
participation.
Director Shuman moved to not approve any expenditure for the KRLD's Drive to Vote promotion, Director Glaser
seconded; motion carried unanimously.
A.5 Discuss and take appropriate action regarding the FY2008-2009 Budget. .
The Board discussed the budget.
B.1 Staff Updates.
Staff updated the Board and answered questions.
B.2 Discuss and take appropriate action necessary for preparation of the 2008 ICSC Regional Meeting
set for October 29 - 31, 2008.
Council member Strother updated the Board.
B.3 Approval of the Minutes:
A. March 24, 2008 Joint Workshop Minutes, approved with amendments on May 12, 2008
B. May 12, 2008 Regular Session Minutes
Director Shuman moved to approve the corrected amended March 24, 2008 Joint Workshop minutes. Director
Glaser seconded; motion carried unanimously.
Director Shuman moved to approve May 12, 2008 as presented. Director Bishop seconded; motion carried
unanimously.
B.4 Approval of April 2008 Financials.
Director Glaser updated the Board regarding uncommitted bank balances of $162,663. Director Shuman moved
to approve the financials as presented. Director Bishop seconded; motion carried unanimously.
B.5 Items for Future Agendas:
- Arts Advisory Group Update
Joint Meeting with EDC 4A regarding Pool Bond Payment
- EDC Training
Board asked to add the following items.
o Develop potential packages for Regency
o Decide on type of skill set for vacant position, include Annual Appointment Posting - July meeting
o Applicant Interviews —August meeting
B.6 Other Business:
President Hicks updated the Board of meeting with both Mr. Jared Beck and Mr. Scott Beck regarding the front 26
acres.
B.7 ° Next Meeting scheduled for July 14, 2008 at 6:30 p.m.
CA Adjourn regular session.
Director Bishop made a motion to adjourn at 10:12 p.m. Director Shuman seconded; motion carried unanimously
All- �_
Jim Hi s, President
EDC B Regular Session
June 9, 2008 Minutes
Damian Olthoff, Secret y
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