Minutes EDC 4B 08/12/2013MIRITES OF JOINT SESSION FOR THE TOWN COUNCIL and
ECONOMIC DEVELOPMENT CORPORATION 413 BOARD
MINUTES OF REGULAR SESSION FOR THE
ECONOMIC DEVELOPMENT CORPORATION 4B BOARD
LOCATION: 100 MUNICIPAL DRIVE, TROPHY CLUB, TEXAS
Monday, August 12, 2013
6:00 PW
STATE OF TEXAS
COUNTY OF DENTON
The Town Council and Economic Development Corporation 4B of the Town of Trophy Club,
Texas, met in Joint Session on August 12, 2013. The meeting was held within the boundaries of
the Town and was open to the public.
TOWN COUNCIL MEMBERS PRESENT:
Connie White Mayor
Danny Mayer Council Member
Bill Rose Council Member
Greg Lamont Council Member
James Hicks
President
Rebecca Shuman
Vice President — arrived at 6:58 p.m.
Dean Murray
Secretary/Treasurer — arrived at 7:17 p.m.
Dave Brod
Director
Sean Weaver
Director
Larry Mundy
Director
Randall Conn
Director
STAFF AND GUEST(S) PRESENT:
Mike Slye Town Manager
April Reiling PIO/Marketing Manager
Patricia Adams Town Attorney
Call to order and announce a quorum.
Mayor Connie White, noting a quorum of the Town Council, called the Joint Session to order at
6:05 p.m.
President Jim Hicks, noting a quorum of EDC 4B, called the Joint Session to order at 6:05 p.m.
Invocation
The invocation was provided by Jim Hicks, president of EDC 4B.
JOINT SESSION
1. Receive and discuss a presentation for Trophy Club Tax Increment Reinvestment
Zone #11, presented by David Pettit with Bennett Benner Pettit, Inc.
Mr. David Pettit provided a presentation to the members of the Town Council and EDC,
4B regarding the proposed Trophy Club TIRZ #1. The proposed Trophy Club TIRZ #1 is
30.5 acres located near SH 114 and Trophy Wood Drive.
EXECUTIVE SESSION
2. Town Council and Trophy Club 4B Economic Development Corporation to
convene into a closed executive session pursuant to Texas Government Code,
Annotated, Chapter 551, Section 551.087 "Deliberation Regarding Economic
Development Negotiations" to discuss or deliberate regarding commercial or
financial information that the Town has received from a business prospect that
the Town seeks to have locate, stay, or expand in or near the territory of the Town
and with which the Town is conducting economic development negotiations or to
deliberate the offer of a financial or other incentive to a business prospect.
The Town Council and EDC 4B Board convened into Executive Session at 6:59 p.m.
1. Trophy Club Town Center
RECONVENE INTO JOINT SESSION
The Town Council and EDC 4B Board reconvened into the Joint Session at 7:40 p.m.
3. Consider and take appropriate action regarding the Executive Session.
The Town Council and EDC 4B took no action regarding the Executive Session.
ADJOURN JOINT SESSION
The Town Council and EDC 4B adjourned the Joint Session at 7:41 p.m. Motion made
by Council Member Danny Mayer to adjourn, seconded by Council Member Bill Rose.
Motion to adjourn passed unanimously.
REGULAR SESSION
4. EDC 413 Board interviews.
The Board interviewed the following applicants:
a. Mona Lisa Como — 7:50 p.m.
b. Lawrence Hoover — 8:05 p.m.
c. Rayna Torres — 8:25 p.m.
d. Gregory Wilson — 8:30 p.m.
5. Discuss and take appropriate action regarding the 2014 Alliance Development
Forum (ADF).
Town Manager Mike Slye asked for direction from the board regarding whether EDC 4B
would like to move forward with participation with Alliance Development Forum (ADF).
Town Manager Slye advised that the Chamber uses excess dollars from the ADF event
to subsidize other non -economic related chamber events. The Chamber will not provide
a financial breakdown of ADF event costs. ADF costs EDC 4B $2,500 annually to
participate. Currently, staff has allocated $4,000 in the FY14 budget for a similar
developer -centric event; an alternative development event includes partnering with
Southlake on Economic Development events.
The Board voiced concerns over a Trophy Club absence and the potential reputation
ramifications. The Board opted to continue participation with the caveat that the
Chamber provide an invoice with specific costs incurred up to an amount of at least
$2500.
Motion made by Director Larry Mundy to continue participating in the ADF event. Motion
seconded by Director Dave Brod. Motion passed unanimously.
EXECUTIVE SESSION
6. Pursuant to Texas Government Code, Annotated, Subchapter 551, EDC 4B will
convene into closed Executive Session as authorized by:
A. 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.
B. Section 551.074 to deliberate the appointment, employment evaluation,
reassignment, duties, discipline, or dismissal of a public officer or employee:
1. Appointment of vacant positions for EDC 4B Board of Directors.
The Board convened into Executive Session at 9:03 p.m.
The Board reconvened into Regular Session at 9:44 p.m.
7. Reconvene in Regular Session and take any action as necessary as a result of the
Closed Session.
The Board recommended the following applicants to the Town Council:
1. Rebecca Shuman
2. Dean Murray
3. Randall Conn
4. Gregory Wilson
Director Dave Brod made a motion to approve the recommended applicants listed
above. Motion seconded by Director Sean Weaver. Motion passed by 4-3 with Directors
Rebecca Shuman, Dean Murray and Randall Conn abstaining.
W=1
Director Mundy moved to adjourn at 9:45 p.m. Director Shuman seconded. The motion passed
unanimously.
s Hicks. President Dean Murr&A7WerMecretary