Minutes EDC 4B 08/10/2009MINUTES OF REGULAR SESSION FOR THE
ECONOMIC DEVELOPMENT CORPORATION 413 BOARD
LOCATION: 100 MUNICIPAL DRIVE, TROPHY CLUB, TEXAS
Monday, August 10, 2009
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 10, 2009. 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
Damian 0Ithoff Secretary
Dan Bishop Director
Glenn Strother EDC 4B Council Liaison arrived at 6:50 p.m.
EDC 4B DIRECTORS ABSENT:
Larry E. Crosser Treasurer
Rebecca Shuman Director
Zachary Jeffery Director
STAFF AND GUEST(S) PRESENT:
Stephen Seidel Assistant Town Manager
Shannon DePrater Deputy Town Secretary 1 RMO
Call to order and announce a quorum.
President Hicks, noting a quorum of EDC 413, called the regular session to order at 6:36 p.m.
President Hicks called the Public Hearing at 6:36 p.m.
PUBLIC HEARING
1. On July 13, 2009 and August 10, 2009, 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 the expenditure of funds for the fiscal year 2009-2010
budget. There is a sixty (60) day period that begins June 10, 2009; 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.
President Hicks closed the Public Hearing at 6:36 p.m.
EDC 413 Page 1 of 2
August 10, 2009 Regular Session
REGULAR SESSION
2. Discuss and take appropriate action to forward FY09110 Budget to Town Council
for approval.
Director Bishop made a motion to approve the proposed FY09110 EDC -413 Budget and forward
to Town Council for approval. Director Olthoff seconded; motion carried unanimously.
3. Discuss and take appropriate action regarding the September Board meeting.
Assistant Town Manager Seidel shared Town Council has moved their regularly scheduled
meeting from September 7, 2009 (Labor Day) to September 14, 2009. Seidel also stated he
would be out of Town on September 14, 2009 and would not be able to attend the meeting.
Seidel gave the Board the option of holding their September meeting on September 14, 2009 in
the Public Services Conference Room to interview applicants or moving their meeting to
September 21, 2009.
Board will meet on September 14, 2009 at 6:30 in the Public Services Conference Room to
interview applicants.
4. Discuss and take appropriate action regarding the November ICSC Texas
Conference.
Seidel shared that hotel reservations have been made and this item will brought back at the
October meeting to discuss progress made by Catalyst for marketing materials for this
Conference.
5. Staff Updates:
a. Catalyst Commercial
b. Design Charrette & GSBS
Seidel shared that Catalyst Commercial is working on data documentation and marketing
materials for the November ICSC Texas Conference. Beck continues to reschedule meeting
with Seidel and GSBS; next meeting is tentatively scheduled for September 2, 2009.
6. Discuss and take appropriate action to approve the July 13, 2009 Regular Session
Minutes.
Director Glaser moved to approve the July 13, 2009 Regular Session Minutes as presented.
Director Olthoff seconded; motion carried unanimously.
7. Discuss and take appropriate action to approve the July 2009 Financials.
Seidel explained the Board's financial status and answered questions from the Board.
Director Bishop moved to approve all financials as presented. Director Glaser seconded;
motion carried unanimously.
Adjourn
Director Glaser moved to adjourn at 6:59 p.m. Director Olthoff seconded; motion carried.
J mes_Ylicks, President
EDC 4B
August 10, 2009 Regular Session
Damian Olthoff, Secretary
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