Minutes EDC 4B 07/13/2009MINUTES OF REGULAR SESSION FOR THE
ECONOMIC DEVELOPMENT CORPORATION 4B BOARD
LOCATION: 100 MUNICIPAL DRIVE, TROPHY CLUB, TEXAS
Monday, July 13, 2009
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 July 13, 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
Larry E. Crosser
Treasurer
Damian Olthoff
Secretary
Dan Bishop
Director
Zachary Jeffery
Director arrived at 6:41 p.m.
Rebecca Shuman
Director
Glenn Strother
EDC 4B Council Liaison arrived at 7:23 p.m.
STAFF AND GUEST(S) PRESENT:
Stephen Seidel
Assistant Town Manager
Shannon DePrater
Deputy Town Secretary
Connie White
Mayor
Marty Wieder
GSBS Architects
Sam Jones
GSBS Architects
Jason Claunch
Catalyst Commercial
Dan Quinto
Roaring Brook Development Company
Jim Budarf
MUD Director
Call to order and announce a quorum.
President Hicks, noting a quorum of EDC 4B, called the regular session to order at 6:32 p.m.
President Hicks called the Public Hearing at 6:32 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.
Public Hearing extended to the August 10, 2009 Regular Session meeting at 6:32 p.m.
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July 13, 2009 Regular Session
REGULAR SESSION
2. Discuss and take appropriate action regarding GSBS Architects, including the
Design Charrette Project.
Assistant Town Manager Stephen Seidel introduced Sam Jones and Marty Wieder from GSBS
Architects. Seidel shared that Marty Wieder has taken a position with a local municipality and
will be leaving GSBS in August. Seidel and Wieder have discussed the transition that will be
coming with Wieder leaving GSBS and how this will affect the design charrette.
Wieder introduced Sam Jones, GSBS Architects and Dan Quinto, Roaring Brook Development.
Dan Quinto shared his background with the Board and mentioned he is looking forward with
working with the Board.
Sam Jones emphasized that the Board will not notice any hiccup in the transition of Wieder
leaving. The lines of communication have been very open with Seidel and will continue to stay
open.
3. Discuss and take appropriate action regarding meeting with Catalyst Commercial.
President Hicks introduced Jason Claunch from Catalyst Commercial and shared that he,
Directors Crosser, Olthoff, Council member Strother and Assistant Town Manager Seidel met
with Claunch last week as one of the Board's initiatives set at the June 8, 2009 Regular
Session.
Claunch introduced himself and gave a brief background of Catalyst Commercial and what they
can do for the Board. Claunch then explained how Catalyst can help the Board obtain their goal
of bringing and retaining businesses to Trophy Club.
Claunch addressed questions from the Board.
Director Shuman stated that this proposal needs more discussion, maybe tie in with the goals
and objectives of the Town.
Claunch and the Board brainstormed if focusing on The Regency Center would aid or hurt future
goals.
The Board took a five minute recessing, reconvening at 8:03 p.m.
4. Discuss and take appropriate action regarding FYI EDC 413 Budget.
Stephen Seidel introduced this agenda item. The Board will adopt the FY10 Budget at the
August meeting.
Seidel explained each budget line item to the Board.
The budget will be brought back at the August 10, 2009 meeting.
No action taken
The Board moved back to Item 3. Catalyst Commercial.
Discussion ensued regarding Catalyst Commercial. President Hicks called an end to the
discussion and asked for a motion.
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July 13, 2009 Regular Session
Director Shuman asked for the numbers one more time; Seidel explained the budget line items
available in FY09 and recapped FY10's proposed budget.
Director Glaser moved to approve the proposal with Catalyst Commercial in the amount of
$32,385, which includes the Total Merchandising Plan and four months of Tenant Procurement
and Recruiting. Director Crosser seconded. Motion carried unanimously.
Director Glaser asked that Seidel and Claunch work on a document that highlights why working
with Catalyst Commercial moves the Board to the second step after Buxton.
The Board asked that this item be forwarded to Council.
5. Discuss and take appropriate action to approve the June 8, 2009 Regular Session
Minutes.
Director Crosser moved to approve the June 8, 2009 Regular Session Minutes as presented.
Director Glaser seconded; motion carried unanimously.
6. Discuss and take appropriate action to approve the May 2009 Financials.
Director Crosser updated the board on its current financial status.
Director Crosser asked that the pool bond payment be listed as an obligation on future
financials.
Director Crosser moved to approve all financials as presented. Director Glaser seconded;
motion carried unanimously.
7. Set next meeting date of Monday, August 10, 2009.
The next meeting of the Economic Development Corporation 4B Board will be Monday, August
10, 2009 at 6:30 p.m.
8. Items for Future Agendas;
a. Economic Development Training Classes
b. Ben Hogan Golf Tournament
c. Ron Holifield to help with creation of roles and responsibilities of Directors
Director Shuman asked for an 1SCS discussion be placed on the next agenda regarding who is
going to attend and marketing materials. President Hicks asked the Board to brainstorm
marketing materials ideas.
Director Shuman asked about the possibility of working with Byron Nelson High School to host a
UIL Competition.
Adjourn
Director Glaser moved to adjourn at 9:43 p.m. Direc or Olthoff seconded; k9tion carried.
James icks, President irrri Oltho retary
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July 13, 2009 Regular Session