Minutes EDC 4B 07/08/2013MINUTES OF REGULAR SESSION FOR THE
ECONOMIC DEVELOPMENT CORPORATION 4B BOARD
LOCATION: 100 MUNICIPAL DRIVE, TROPHY CLUB, TEXAS
Monday, July 8, 2013
7:00 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 8, 2013. The meeting was held within the boundaries of the Town and was
open to the public.
James Hicks
President
Rebecca Shuman
Vice President
Sean Weaver
Director
Dave Brod
Director— arrived at 7:32 p.m.
Randall Conn
Director
STAFF AND GUEST(S) PRESENT
Mike Slye
Town Manager
Stephen Seidel
Assistant Town Manager
April Reiling
PIO/Marketing manager
Danny Mayer
Council Member
Call to order and announce a quorum.
President Hicks, noting a quorum of EDC 4B, called the regular session to order at 7:29 p.m.
' ie
Public Hearing considering the expenditure of funds for the FY14 EDC 4B Budget.
Opened Public Hearing at 7:29 p.m. No speakers
REGULAR SESSION
FY14 EDC 4B Budget overview and discussion.
Assistant Town Manager Seidel presented a draft budget for the Board to review and comment.
Seidel explained some of the planned Marketing initiatives for FY14, including `Shop Local'
reusable bags, advertising/features in magazines, etc.
Town Manager Mike Slye discussed the funding of an Economic Development staff member in
regards to their function for this first year. The additional proposed staff member would be split
between Economic Development and Marketing/Communication initiatives. If the Economic
Development needs exceed a 50% staff member, then next year the position could be funded
as a full time Economic Development staff member.
The Board requested a more detailed FY14 budget, as well as job description for the proposed
Economic Development/Marketing staff member, at the next meeting.
3. Discuss Strategy Planning Workshop.
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The Strategy Planning Workshop is scheduled for Wednesday, July 10 from Noon to 6:00 p.m.
at Robson Ranch. For the price, flexibility, facility and need, Robson Ranch was selected as the
optimal location. Deloitte's planners have agreed to assist the Board during the process and
have developed an agenda for the workshop.
4. Discuss and take appropriate action regarding the June 2013 Financials.
Assistant Town Manager Seidel explained the June 2013 Financials. Director Shuman moved to
approve the June 2013 Financials as presented. Director Brod seconded the motion. The
motion was approved unanimously.
5. Discuss and take appropriate action regarding the June 2013 Minutes.
Director Shuman moved to approve the June 2013 Minutes as presented. Director Weaver
seconded the motion. The motion was approved unanimously.
6. Assistant Town Manager Update:
- Shops at Trophy Club
- Plaza
- Village
- Trophy Wood
- The Commons
- Bobcat Development
- TIF/TIRZ
- ICSC
Assistant Town Manager Seidel provided the Board updates and answered questions related to
various economic development events and activities.
Adjourn
Director Conn moved to adjourn at 9:10 p.m. Director Brod seconded. The motion passed
unanimously.
�Jam s Hicks, President
I
Dean Muk2y/T s reTISecretary
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