Minutes EDC 4B 07/09/2012MINUTES OF REGULAR SESSION FOR THE
ECONOMIC DEVELOPMENT CORPORATION 4B BOARD
LOCATION: tai} MUNICIPAL DRIVE, TROPHY CLUB, TEXAS
Monday, July 9, 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 July 9, 2012, The meeting was held within the boundaries of the Town and was open to the
public.
EDC 4B DIRECTORS PRESENT:
James Hicks, President
Rebecca Shuman, Vice President
Sean Weaver, Director
Larry Mundy, Director
Randall Conn, Director (arrived at 5:40 p.m.)
STAFF AND GUEST(S) PRESENT:
Stephen 'Seidel, Assistant Town Manager
April Reiling, PIOIMarketing Manager
Glenn Strother, Council Member
Bill Rose, Council Member
Call to order and announce a quorum.
President James Hicks, noting a quorum, called the regular session to order at 6:32 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.
PUBLIC HEARING
1. Public Hearing considering the expenditure of funds for the fiscal year 2012-2013 budget.
President James Hicks opened the public hearing at 5:32 p.m. No public comment made. The public
hearing closed at 6:32 p.m,
REGULAR SESSION
2. Budget overview and discussion.
Assistant Town Manager Stephen Seidel provided a preliminary budget overview for the board and
explained revenues and expenditures.
3. Magazine overview.
Assistant Town Manager Seidel and PIOIMarketing Manager April Reiling provided an overview of the
new Discover Trophy Club magazine.
4. Discuss and take appropriate action regarding engaging Creative Squall to assist with
creating a Trophy Club economic development brochure.
Assistant Town Manager Seidel provided an overview of the proposed brochure and explained the
need for a new, updated economic development brochure. Director Shuman made a motion to approve
expenditure of funds not to exceed $6200 for an economic development brochure. Director Mundy
seconded. Motion was approved unanimously.
5. Discuss and take appropriate action regarding engaging Creative Squall to assist with
creating tradeshow pop-up banners.
Assistant Town Manager Seidel provided an overview of proposed tradeshow materials and explained
the need for professional trade show materials for Trophy Club eve ntslconferenceslexposletc. Director
Shuman made a motion to approve expenditure of funds not to exceed $2750. Director Mundy
seconded. Motion was approved unanimously.
6. Website/logo update.
Assistant Town Manager Seidel provided an overview of the website status and development.
7. Discuss and take appropriate action regarding the May 2012 Financials.
Assistant Town Manager Seidel provided an overview of the May 2012 Financials. Director Shuman
made a motion to approve financials as presented. Director Weaver seconded and the motion passed
unanimously.
8. Discuss and take appropriate action regarding the June Minutes.
Director Mundy made a motion to approve the June 2012 minutes. Director Conn seconded and the
motion passed unanimously.
9. Assistant Town Manager Update:
- The Shops at Trophy Club
- plaza
- Village
- Trophy Wood
- Commons
- ICSC
Assistant Town Manager Seidel provided an update and answered questions from the board.
10. Next meeting date: Wednesday, August 22, 2012.
11. Adjourn.
Adjourned at 8:10 p.m.
Director Shuman made a motion to adjourn. Director Weaver seconded. Motion passed unanimously.
Jam irks, president Dean Murray, Treasurer/Secretary