Minutes EDC 4B 09/21/2010Trophy Club Entities 100 Municipal Drive
M Y Trophy Club, Texas 76262
Meeting Minutes
Economic Development Corporation
413 (EDC 413)
Tuesday, September 21, 2010 6:30 PM Svore Municipal Building Boardroom
STATE OF TEXAS
COUNTY OF DENTON
The Economic Development Corporation 4B of the Town of Trophy Club, Texas, met
in Regular Session on September 29, 2010. The meeting was held within the
boundaries of the Town and was open to the public.
EDC 4B DIRECTORS
Present: 5 - President James Hicks, Director Dan Bishop, Vice President Dave Glaser,
Director Nick Sanders, and Director Rebecca Shuman
Absent: 2 - Director Zachary Jeffery, and Secretary/Treasurer Dean Murray
STAFF AND GUEST(S) PRESENT.-
Shannon
RESENT:Shannon DePrater, Deputy Town Secretary/ RMO
Bill Rose, Council Member
Margi Cantrell, Council Member
Nicole Fontayne, Board Candidate
James Hanna, Board Candidate
Bob Fair, Board Candidate
Sean Weaver, Board Candidate
Call To Order and announce a quorum.
President Hicks, noting a quorum, called the regular session to order at 6:36
p.m.
REGULAR SESSION
2010463-T Discuss and take appropriate action regarding the approval of the July 12, 2010
Regular Session Meeting Minutes.
Attachments: JuIV 12 2010 Minutes.pdf
Director Sanders moved to approve the July 12, 2010 Regular Session Minutes
as presented; Director Glaser seconded. The motion CARRIED by the
following vote:
EDC 4B 1 of 3 Meeting Date: September 21, 2010
Economic Development Meeting Minutes September 21, 2010
Corporation 4B (EDC 4B)
Aye: 5 - President Hicks, Director Bishop, Vice President Glaser, Director
Sanders, and Director Shuman
2. 2010-464-T Discuss and take appropriate action regarding the Monthly Financials Dated:
a. June 2010
b. July 2010
Attachments: June 2010 Monthly Financial Statements.pdf
July 2010 Monthly Financial Statements.pdf
Director Bishop moved to approve both the June 2010 and July 2010 Financials
as presented. Director Shuman seconded. The motion CARRIED by the
following vote:
Aye: 5 - President Hicks, Director Bishop, Vice President Glaser, Director
Sanders, and Director Shuman
3. 2010465-T Interview candidates for the three (3) expired seats on the Economic Development
Corporation 4B Board:
a. 6:45 p.m. - Nicole Fontayne
b. 7:00 p.m. or immediately following previous applicant - James Hanna
c. 7:15 p.m. or immediately following previous applicant - Amy London
d. 7:30 p.m. or immediately following previous applicant - Bob Fair
e. 7:45 p.m. or immediately following previous applicant - Sean Weaver
f. Questions/Comments for current Director reapplying - Jim Hicks
Attachments: EDC 4B Applications.pdf
The Board interviewed five applicants; Ms. London was unavailable to attend.
Discussion Only - No action taken
The board took a short break before interviewing the last applicant, Mr. Sean
Weaver.
4. 2010-466-T Discuss and take appropriate action regarding a recommendation of candidates to
the Town Council for three (3) expired seats on Economic Development Corporation
4B.
Director Shuman asked the Board if it is appropriate to request that new Board
members be required to attend EDC training within the first 12 months of being
appointed to the Board.
Director Shuman asked that this be added to the next meeting agenda to discuss.
Director Sanders made the recommendation that EDC 413 reappoint James
Hicks and to also recommend Nicole Fontayne and Sean Weaver to the two
vacant positions; Director Bishop seconded. The motion CARRIED by the
following vote:
Aye: 5 - President Hicks, Director Bishop, Vice President Glaser, Director
Sanders, and Director Shuman
5. 2010467-T Next Meeting scheduled for October 11, 2010 at 6:30 p.m.
President Hicks announced the next Regular Session meeting is scheduled for
October 11, 2010 at 6:30 p.m.
EDC 4B 2 of 3 Meeting Date: September 21, 2010
Economic Development Meeting Minutes September 21, 2010
Corporation 413 (EDC 413)
Discussion Only - No action taken
6. 20101168-T President Hicks to address outgoing Directors.
Adjourn
President Hicks thanked Director Bishop for his service and support to the Town and
the Board and wished him tuck in his future endeavors.
Discussion Only - No action taken
Director Shuman motioned to adjourn at 8:53 p.m.; Director Sanders seconded.
The motion CARRIED by the following vote:
Aye: 5 - President Hicks, Director Bishop, Vice President Glaser, Director
Sanders, and Director Shuman
James Hicks, President
AAk
Dean Murray, Treasurer/Secretary
EDC 4B 3 of 3 Meeting Date: September 21, 2010