Minutes EDC 4B 11/10/2008MINUTES OF REGULAR SESSION FOR THE
ECONOMIC DEVELOPMENT CORPORATION 4B BOARD
LOCATION: 100 MUNICIPAL DRIVE, TROPHY CLUB, TEXAS
Monday, November 10, 2008
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 November 10, 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
Dan Bishop
Director
Zachary Jeffery
Director
Rebecca Shuman
Director
Glenn Strother
EDC 4B Council Liaison
EDC 4B DIRECTORS ABSENT:
Damian Olthoff Secretary
STAFF AND GUEST(S) PRESENT:
Stephen Seidel Assistant Town Manager
Shannon DePrater Deputy Town Secretary/RMO
A.1 Call to order and announce a quorum.
President Hicks, noting a quorum of EDC 4B, called the regular session to order at 6:35 p.m.
A.2 Board to hear ICSC Update from President Hicks, Council member Strother
and Assistant Town Manager Seidel.
President Hicks, Council member Strother and Assistant Town Manager Seidel updated the
Board on the ISCS Conference.
Council member Strother would like to have the finished design charrette and a continued
collaboration with the Becks before next year's conference.
A.3 Discuss and take appropriate action regarding the October 27, 2008 Joint
Session with Town Council.
Council member Strother mentioned that the Town Council has scheduled a retreat for
November 16, 2008 as a response from the strategic planning session.
Council member Strother stated he would be happy to provide an update at the next EDC 4B
meeting.
Director Shuman recommends that EDC 4B shorten future agendas and give the Town Council
time to create a vision.
Director Bishop recommended becoming a disbursement board and only meet when a request
comes to the Board.
Stephen Seidel shared he believes the Board can still accomplish its goals while the Council
works on the vision. Seidel gave an option that the Board meet quarterly with an option to hold
special meetings when needed. Seidel would prefer not "going dark;" the Board may lose its
synergy and energy.
Seidel thinks the Board needs to work on branding, including conceptual ideas and how EDC
4B can market itself.
President Hicks recommends the Board meet quarterly and can still accomplish its goal.
Director Glaser mentioned he is in agreement with the importance of branding and the board
can continue working on branding while Council is working on the vision.
Consensus of the board is to direct Assistant Town Manager Stephen Seidel to begin
researching branding proposals.
Council member Strother will share the Board's concerns with Council at the retreat.
A.4 Staff Updates:
- Design Charrette
- Update on Dallas Business Journal Ad for Highway 114 Corridor Insert
- Pool Bond Payment and discussion thereof
Assistant Town Manager Stephen Seidel updated the Board: Seidel and Planning & Zoning
Coordinator, Carolyn Huggins, are actively looking at mixed-use centers to see what would work
for Trophy Club and give feedback to GSBS.
Staff passed out the new Dallas Business Journal Ad for the Board to view, which was well
received by the Board.
Seidel updated the Board on the Pool Bond Payment: Seidel spoke with Adam Adams and they
both feel that the best way to move forward is to have two or three board members attend the
next EDC 4A meeting to speak on the current EDC 4B projects: design charrette, strategic
planning and the possibility of branding. Seidel mentioned the board should promote the design
charrette overlay district and how that will benefit EDC 4A in sales tax.
The Board discussed topic points to take with them to the next EDC 4A meeting. Directors
Hicks, Glaser and Crosser will go before the EDC 4A Board. Staff will notify the Board when
EDC 4A will meet.
A.5 Approval of the September 15, 2008 Regular Session Minutes.
Director Shuman moved to approve the September 15, 2008 Regular Session Minutes as
amended. Director Glaser seconded; motion carried unanimously.
AX Approval of Financials:
A. August 2008
B. September 2008
Director Crosser informed the Directors of the Board's financial status.
Director Shuman moved to approve both the August 2008 and September 2008 Financials as
presented. Director Glaser seconded; motion carried unanimously.
A.7 Items for Future Agendas:
- EDC Training - early next year
- Skill Set for Future Applicants to the Board
Council member Strother added Council Retreat Update for the December meeting.
Board directed Staff to add the skill set of future applicants to the December 8, 2008 meeting
agenda.
A.8 Next Meeting scheduled for December 8, 2008 at 6:30 p.m.
A.9 Adjourn.
Director Shuman moved to adjourn at 8:55 p.m. Director Glaser seconded; motion carried
unanimously.
Jaros Hicks, President Damian Olthoff, Secretary