Minutes EDC 4B 01/05/2012MINUTES OF REGULAR SESSION FOR THE
ECONOMIC DEVELOPMENT CORPORATION 4B BOARD
LOCATION: 100 MUNICIPAL DRIVE, TROPHY CLUB, TEXAS
Thursday, January 5, 2012
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 January 5, 2012. The meeting was held within the boundaries of the Town and was open to
the public.
EDC 4B DIRECTORS PRESENT:.
James Hicks, President
Dean Murray, Secretary/Treasurer
Randall Conn, Director
Rebecca Shuman, Director
Nicole Fontayne, Director
Sean Weaver, Director
Larry Mundy, Director
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
Greg Lamont, Resident
Call to order and announce a quorum.
President Hicks, noting a quorum, called the regular session to order at 5:31 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.
REGULAR SESSION
1. Election of Officers.
Deferred until Director Rebecca Shuman and Director Dean Murray arrive.
At 7:15 p.m. Director Hicks opened the floor for the office of President. Director Murray made a motion
to name Director Hicks President and Director Nicole Fontayne seconded the motion. Motion passed
unanimously.
Director Hicks opened the floor for the office of Vice President. Director Murray made a motion to name
Director Shuman Vice President and Director Randall Conn seconded the motion. Motion passed
unanimously.
Director Hicks opened the floor for the office of Secretary/Treasurer. Director Fontayne made a motion
to name Director Murray Secretary/Treasurer and Director Shuman seconded the motion. Motion
passed unanimously.
2. Discuss and take appropriate action regarding the ICSC Conference.
Assistant Town Manager Stephen Seidel provided an overview of the ICSC Conference. Director
Fontayne suggested the new board members meet with Assistant Town Manager Seidel to gain context
regarding Trophy Club outside economic development perceptions.
3. Discuss and take appropriate action regarding Strategic Planning.
Assistant Town Manager Seidel provided an overview of the strategic planning history with the EDC 4B
board and previous Town Councils. He provided an overview of the strategic planning initiatives that
the Town Council and staff have recently pursued.
Director Shuman arrived at 6:45 p.m.
4. Discuss and take appropriate action regarding Developer Luncheon.
Assistant Town Manager Seidel provided an overview regarding the progress of hosting a developer's
luncheon in Trophy Club. He advised the board that several surrounding cities were planning a similar
luncheon, so the Chamber had taken on a regional approach to bringing prospective developers and
business owners to the area by putting on a developer's luncheon event for Trophy Club and
surrounding municipalities. Assistant Town Manager Seidel will keep the board advised regarding the
details.
Director Murray arrived at 6:57 p.m.
Director Shuman suggested a bus tour that picks up attendees at strategic locations around DFW and
drives the group through each municipality.
5. Discuss and take appropriate action regarding the TIF contract.
Assistant Town Manager Seidel advised that at this point the Town had not moved forward with the TIF
contract. The project is dependent on other development activity going on in Town.
6. Commercial property update:
— 26 Acres
-- Regency
--- Trophy Wood
— Village Center
— Trophy Club Commons
Assistant Town Manager Seidel provided an overview regarding each commercial property listed
above.
7. Discuss and take appropriate action regarding PD -30.
Assistant Town Manager Seidel provided an update regarding PD -30. He asked the board to support
economic development in this community and pass a motion to support the council in creating
economic development opportunities.
Director Sean Weaver made a motion to approve a recommendation to Town Council regarding PD -30
and the motion was seconded by Director Murray. The motion failed.
Director Weaver made a motion to approve the following recommendation to Town Council regarding
PD -30 and the motion was seconded by Director Randall Conn; The EDC -4B Board recommends that
the Town Council continue to refine and ultimately approve PD -30 to develop retail and commercial
opportunities that preserve and enhance the Town's quality of life and is consistent with the Town's
strategic planning and visioning efforts.
Motion passed with a 6-1 vote. Director Fontayne voted against and the motion carried.
8. Discuss and take appropriate action regarding the approval of the September 27, 2011
Regular Session meeting minutes.
Director Fontayne made a motion to accept the minutes as presented and Director Shuman seconded
the motion. The motion passed with Director Conn abstaining.
9. Discuss and take appropriate action regarding the Monthly Financials dated:
— August 2019
— September 2011
— October 2011
— November 2011
Director Shuman made a motion to approve all financial statements above as presented. The motion
was seconded by Director Weaver. The motion carried unanimously.
10.Future Agenda Items.
Assistant Town Manager Seidel discussed the upcoming joint workshop with Council regarding the
logo/website redesign. Director Fontayne requested a status report regarding the logo/website.
Assistant Town Manager Seidel provided an update regarding the potential gas pumps going in at Tom
Thumb.
Assistant Town Manager Seidel advised the board regarding a pre -con meeting for Hampton Inn &
Suites scheduled for next week.
11.Next meeting date: February 13, 2012
Assistant Town Manager Seidel advised that February 6, 2012 at 6:00 p.m. could possibly be a joint
workshop with Council regarding the logo/website redesign.
Director Shuman requested the joint workshop be held on Februaryl3 instead of February 6 to better
accommodate the EDC 413 meeting schedule.
Assistant Town Manager will check into the proposed meeting date.
Adjourned at 9.10 p.m.
Director Shuman adjourned and Director Larry Mundy seconded.
Ja Hicks, President Dean Murray, Treasurer/Secretary