Minutes EDC 4B 04/05/2010m� Trophy Club Entities
Meeting Minutes
Economic Development Corporation
4B (EDC 4B)
100 Municipal Drive
Trophy Club, Texas 76262
Monday, April 5, 2010 6:30 PM Svore Municipal Building Boardroom
STATE OF TEXAS
COUNTYOFDENTON
The Economic Development Corporation 4B of the Town of Trophy Club, Texas, met
in Regular Session on April 5, 2010. The meeting was held within the boundaries of
the Town and was open to the public.
BOARD MEMBERS:
Present: 7- President James Hicks, Director Dan Bishop, Director Zachary Jeffery,
Vice President Dave Glaser, Secretary/Treasurer Dean Murray, Director
Nick Sanders, and Director Rebecca Shuman
STAFF AND GUEST(S) PRESENT:
Stephen Seidel, Assistant Town Manager
Shannon DePrater, Deputy Town Secretary/ RMO
Bill Rose, Council Member
Steven Kohs, TCMUD No. 1 Director
Karen Passiak, Resident
Margi Cantrell, Resident
JD Stotts, Resident
Byrce Ziba, Student
Call To Order and announce a quorum.
President Hicks, noting a quorum of EDC 4B, called the regular session to
order at 6:40 p.m.
REGULAR SESSION
2010.185-T Discuss and take appropriate regarding April 12, 2010 Annual Update to Town
Council.
ABachmants: EDC - April 2010.odf
Assistant Town Manager Stephen Seidel shared and explained the Annual Update
Presentation for the April 12, 2010 Town Council Meeting.
Director Shuman arrived at 7:12 p.m.
EDC 4B 1 of 3 Meeting Date'. April 5, 2010
Economic Development Meeting Minutes April 5, 2010
Corporation 4B (EDC 4B)
Seidel and the Board made changes to the presentation.
The Board addressed questions from the audience.
This matter was Discussion only - No action taken
2. 2010-186-T Discuss and lake appropriate action regarding the 2010 ICSC Conference.
Seidel is in the process of reserving the booth and furniture. Seidel will send the
dates to the Directors to begin blocking out time to cover the booth.
This matter was Discussion only -No action taken
3. 2010-189-T Receive update regarding Coupon Book incentive program; discussion of same.
Director Murray updated the board regarding cost and contracivagreement with
businesses. The Board discussed distribution ideas.
This matter was Discussion only - No action taken
4. 2010-188-T Receive Council update from Mayor Pro Tem Strother; discussion of same.
Mayor Pro Tem Strother was not in attendance.
This matter was Discussion only - No action taken
5. 2010-190-T Receive Commercial Property update including current projects; discussion of same.
26 Acre
- Trophy Wood
- Regency Center
Seidel updated the board regarding current projects and addressed questions from
the Board.
This matter was Discussion only - No action taken
6. 2010-187-T Discuss and take appropriate action regarding the approval of the March 1, 2010
Regular Session Minutes.
Attachments: March 12010 Minutes.odf
Director Shuman moved to approve the March 1, 2010 Regular Session
Minutes as presented. Director Sanders seconded; The motion CARRIED by
the following vote:
Aye: 7- President Hicks, Director Bishop, Director Jeffery, Vice President Glaser,
Secretaryfrreasurer Murray, Director Sanders, and Director Shuman
7. 2010-191-T Discuss and take appropriate action regarding the approval of the February 2010
Financials.
Attachments: Febmary 2010 Monthly Financial Reoorts.odf
Director Sanders moved to approve the February 2010 Financials as presented.
Director Glaser seconded. The motion CARRIED by the following vote:
Aye: 7. President Hicks, Director Bishop, Director Jeffery, Vice President Glaser,
Secretary/Treasurer Murray, Director Sanders, and Director Shuman
EDC 4B 2 of 3 Meeting Date April 5, 2010
Economic Development Meeting Minutes April 5, 2010
Corporation 4B (EDC 4B)
8. 2010-192-T Future Agenda Items.
Attachments: EDC 4B Future Agenda Items odf
Director Shuman asked to add a Budget Discussion line item for June.
This matter was Discussion only - No action taken
2010-193-T Next Meeting Date - May 10, 2010 (P&Z Development Process Workshop)
Adjourn
President Hicks announced the next Regular Session meeting is scheduled for May
10, 2010 at 6:30 p.m.
This matter was Discussion only - No action taken
Director Sanders moved to adjourn at 7:56 p.m. Director Glaser seconded. The
motion CARRIED by the following vote:
Aye: 7 - President Hicks, Director Bishop, Director Jeffery, Vice President Glaser,
Secretary/Treasurer Murray, Director Sanders, and Director Shuman
Jame mks, President
Dean Allini TreasurenSecretary
EDC 46 3 of 3 Meeting Date: April 5, 2010