Minutes EDC 4B 04/15/2013MINUTES OF REGULAR SESSION FOR THE
ECONOMIC DEVELOPMENT CORPORATION 4B BOARD
LOCATION: 100 MUNICIPAL DRIVE, TROPHY CLUB, TEXAS
Monday, April 15, 2013
7:00 PM
STATE OF TEXAS
COUNTY OF DENTON
The Economic Development Corporation 413 of the Town of Trophy Club, Texas, met in Regular
Session on April 15, 2013. 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
Sean Weaver
Director
Carry Mundy
Director
Dave Brod
Director
STAFF AND GUEST(S) PRESENT:
Mike Slye Town Manager
Stephen Seidel Assistant Town Manager
April Reiling Public Information Officer/Marketing Manager
Glenn Strother Council Member
Call to order and announce a quorum..
President Hicks, noting a quorum of EDC 4B, called the regular session to order at 7:03 p.m.
REGULAR SESSION
1. Discuss and take appropriate action regarding a recommendation to Council to adopt
a logo.
Assistant Town Manager Stephen Seidel provided an overview regarding the recent discussions
surrounding the logo project and indicated that no submissions from the BNHS graphic artist
students were received by staff to date.
Director Dave Brod made a motion to approve the flag logo as shown as a recommendation to
Town Council. The motion was seconded by Director Dean Murray. The motion passed
unanimously.
2. Discuss and take appropriate action regarding Economic Development Strategic
Planning.
Assistant Town Manager Seidel explained the recent adoption of the Vision 2030 Plan and
subsequent need for the Board to develop a strategic plan specifically designed for economic
development in Trophy Club. The Directors have discussed creating a formal strategy for
several years, and now may be a good time to undergo that process. The Board asked clarifying
questions. Several board members indicated that strategic planning was a good idea and
President Jim Hicks and Director Dave Brod said he would like to work with Assistant Town
Manager Seidel to move forward with researching options to present to the EDC 413 Board.
3. Discuss and take appropriate actions regarding the March 11, 2013 Minutes.
Director Larry Mundy moved to approve the March 11, 2013 Minutes. Director Dean Murray
seconded. The motion passed unanimously.
4. Discuss and take appropriate action regarding the February 2013 and March 2413
Financials.
The Board had no questions regarding the Financials. Director Dean Murray moved to approve
the February 2013 and March 2013 financials as presented. Director Larry Mundy seconded.
The motion passed unanimously.
5. Assistant Town Manager Update:
- Alliance Development Forum
- 2013 Texas ICSC Conference
- Shops at Trophy Club
- Trophy Wood
- Village Center
- The Plaza
- The Commons
Assistant Town Manager Stephen Seidel provided the Board updates and answered questions
related to various economic development events and activities.
S. Next meeting scheduled for May 13, 2013.
*THE BOARD MAY CONVENE INTO EXECUTIVE SESSION TO DISCUSS POSTED ITEMS AS ALLOWED
BY THE TEXAS OPEN MEETINGS ACT, TEXAS LOCAL GOVERNMENT CODE 551.171.
7. Pursuant to Texas Government Code, Annotated, Subchapter 551, EDC 4B will convene
into closed executive session as authorized by:
Section 551.087 Deliberation Regarding Economic Development Negotiations to discuss
or deliberate the offer of financial or other incentives to a business prospect that the Town
seeks to have locate within the territory of the Town.
EDC 4B went into Executive Session at 7:31 p.m.
8. Reconvene in Regular Session and take any action as necessary as a result of the
Closed Session.
EDC 4B reconvened into Regular Session at 8:15 p.m. No action was taken from the Executive
Session.
Adjourn
Director Larry Mundy moved to adjourn at 8:17 p.m. Director Dave Brod seconded. The motion
passed unanimously.
Jame icks, President
Dean Murray, Treasurer/Secretary