Minutes EDC 4B 01/11/2010Monday, January 11, 2010
Trophy Club Entities
Meeting Minutes
Economic Development Corporation
413 (EDC 413)
BOARD MEMBERS:
100 Municipal Drive
Trophy Club, Texas 76262
6:30 PM Svore Municipal Building Boardroom
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
STAFFAND GUEST(S) PRESENT.-
Stephen Seidel, Assistant Town Manager
Glenn Strother, EDC 4B Council Liaison
Jason Claunch, Catalyst Commercial
Call To Order and announce a quorum.
President Hicks, noting a quorum of EDC 48, called the regular session to
order at 6:35 p.m.
REGULAR SESSION
1. 2010-04-T Presentation by Jason Claunch, Catalyst Commercial regarding Regency Center and
Trophy Wood Business Study.
Jason Claunch updated the Board regarding Regency Center and Trophy Wood
Business Study. Additionally, he provided an overview of the retail market from a
national perspective. Mr. Claunch then addressed questions from the Board.
This matter was Discussion only - No action taken
2. 2010-03-T Commercial Property Update regarding 26 -acre tract Design Charrette.
Stephen Seidel updated the Board regarding the Design Charrette, and the progress
that has occurred on the project since the November Board meeting. Seidel is waiting
on the property owner to respond to the latest submission.
This matter was Discussion only - No action taken
3. 2010-09-T Discuss and take appropriate action establishing Rules of Engagement.
The Board discussed how to better assist Seidel and the Trophy Club staff, as well as
how to better understand the economic and development processes. Seldel offered
to put together a quick workshop with Carolyn Huggins, P&Z Manager, to review the
entire development process from beginning to end with the Board, The Board stated
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Economic Development Meeting Minutes January 11, 2010
Corporation 413 EDC 4B
they would really enjoy that in order to better understand the entire development
cycle. Seidel will work on a presentation and hopes to have it available for the
February meeting.
This matter was Discussion only - No action taken
4. 2010-06-T Discuss and take appropriate action regarding the attendance of 2010 Economic
Development Sales Tax Seminars.
Attachments: 2010 TEDC Calendar of Events. df
The Board is going to review the education seminars, and make arrangements to
attend. They requested staff to check with the Attorney General and/or the State to
check the training requirements for Board members. Seidel stated he would research
and provide the information.
This matter was Discussion only - No action taken
5. 2010-05-T Discuss and take appropriate action regarding the 2010 ICSC Conference.
Since the ICSC Deal Malting Conference will be held in Grapevine in 2010 rather
than San Antonio, the Board discussed in lieu of spending the funds traditionally
appropriated for travel that they use them to reserve a booth and a booth set -Lip.
Seidel has already inquired to ICSC regarding booth costs, but they have not
responded. The Board feels that hosting a booth would increase Trophy Club's
visibility and name recognition. Additionally, since the conference is local it would be
easier to staff over the course of the conference. Seidel is going to touch base with a
colleague to discuss the booth and exhibit materials.
This matter was Discussion only - No action taken
6. 2010-02-T Discuss and lake appropriate action to approve the November 9, 2009 Regular
Session Minutes.
Attachments: November 09 2009 Minutes. df
A motion was made by Director Shuman, seconded by Vice President Glaser,
that this Agenda Item be Approved. The motion CARRIED by the following
vote:
Aye: 7 - President Hicks, Director Bishop, Director Jeffery, Vice President Glaser,
SecretarylTreasurer Murray, Director Sanders, and Director Shuman
7. 2010-01-T Discuss and take appropriate action to approve monthly Financials:
a. October 2009
b. November 2009
Attachments: October 2009 Monthly Financial Stalements.l)df
November 2009 Monthly Financial_Statements.pdf
A motion was made by Director Sanders, seconded by Director Shuman, that
this Agenda Item be Approved. The motion CARRIED by the following vote:
Aye: 7- President Hicks, Director Bishop, Director Jeffery, Vice President Glaser,
SecretarylTreasurer Murray, Director Sanders, and Director Shuman
8. 2010-07-T Future Agenda Items.
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Economic Development Meeting Minutes January 11, 2090
Corporation 413 {EDC 413}
Attachments: EDC 4B Future Agenda Items.pdf
• The Board would like to have a permanent update listed on the Agenda for
Council member Strother to provide a Council update.
• Coupon booldadvertising/markefing will be placed on the February Agenda for
discussion.
• Regency Center holiday decorations will be placed on the February Agenda for
discussion.
• A Branding initiative will be placed an the February Agenda for discussion.
This matter was Discussion only - No action taken
9. 201 0-08 T Next Meeting scheduled for February 8, 2010 at 6:30 p.m.
Adjourn
The Board set their next meeting for February 8, 2010 at 6:30 p.m.
This matter was Discussion only - No action taken
A motion was made by Director Shuman, seconded by Director Sanders, that
this meeting be Adjourned. The motion CARRIED by the following vote:
Aye: 7- President Hicks, Director Bishop, Director Jeffery, Vice President Glaser,
SecretarylTreasurer Murray, Director Sanders, and Director Shuman
The meeting was adjourned at 8:32 p.m.
ames qicifs, President
Dean Murray, TreIsurer/Secretary
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