Minutes EDC 4B 07/11/2011MINUTES OF REGULAR SESSION FOR THE
ECONOMIC DEVELOPMENT CORPORATION 4B BOARD
LOCATION: 100 MUNICIPAL DRIVE, TROPHY CLUB, TEXAS
Monday, July 11, 2011
6:30 PM
STATE OF TEXAS
§
COUNTY OF DENTON
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The Economic Development Corporation 4B of the Town of Trophy Club, Texas, met in Regular
Session on July 11, 2411.
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
Mice President
Dean Murray
Secretary/Treasurer - arrived at 8:34 p.m.
Nick Sanders
Director
Rebecca Shuman
Director
Nicole Fontayne
Director
Sean Weaver
Director
EDC 413 DIRECTORS ABSENT:
STAFF AND GUEST(S) PRESENT:
Stephen Seidel
Assistant Town Manager
April Reiling
PIO/Marketing Manager
Larry Hoover
Council Member/Mayor Pro Tem
Bill Rose
Council Member
Call to order and announce a quorum.
President Hicks, noting a quorum, called the regular session to order at 6:34 p.m.
Citizen Presentations
Citizens are allowed three (3) minutes to address the Board regarding an item over which the
Board has policy or oversight authority as provided by Texas law, the ethics order, or other
policy order.
Bijan Nowroozi, 2.2 Ridgewood Dr., Re: Budget Item — Pedestrian Safety
Suggested automated safety systems for crosswalks.
PUBLIC HEARING
1. Public Hearing considering the expenditure of funds for the fiscal year
2011-2012 budget.
Opened floor at 6:39 p.m., no public comments made. Closed at 4:40 p.m.
REGULAR SESSION
2. Discuss and take appropriate action regarding FY2011-2012 budget.
Assistant Town Manager Stephen Seidel discussed the FY12 budget and explained revenues
and expenditures. Director Shuman made a motion to approve. Director Sanders seconded.
Motion was approved unanimously.
3. Discussion of Byron Nelson High School Homecoming participation.
Director Shuman pointed out opportunities throughout Town to assist with homecoming
festivities. Assistant Town Manager Seidel will contact high school and bring information back at
next meeting.
4. Receive Assistant Town Manager update; discussion of same.
- 26 acre property
- Liquor rezoning
- Trophy Wood business area
Assistant Town Manager Seidel provided an update and answered questions from the board.
5. Receive Town Council update from Council member Strother; discussion of
the same.
Councilman Strother was absent.
6. Discuss and take appropriate action regarding the approval of the June 28,
2011 Regular Session meeting minutes.
Director Sanders moved to approve the minutes as presented. Director Glaser seconded.
Motion approved unanimously.
7. Discuss and take appropriate action regarding the Monthly Financials dated
February 2011.
Director Sanders moved to approve the February 2011, March 2011, April 2011 and May 2011
monthly financials as presented. Director Murray seconded the motion. The motion was
approved unanimously.
8. Discuss and take appropriate action regarding the Monthly Financials dated
March 2011.
9. Discuss and take appropriate action regarding the Monthly Financials dated
April 2011.
10. Discuss and take appropriate action regarding the Monthly Financials dated
May 2011.
11. Future Agenda Items.
- How can EDC 4B participate within scope of authority for Homecoming activities.
- Clock tower future and how to incorporate the symbol into marketing materials.
- Trophy Club EDC 413 sponsor Wounded Warrior event. Is there an opportunity to make Trophy
Club a Wounded Warrior Community?
Next meeting date to be determined.
Adjourned at 7:10 p.m.
Director Shuman adjourned and Director Glaser seconded.
mes Hicks, President
d an Marr y, reasurerlsecretary