Minutes EDC 4B 10/14/2013MINUTES OF REGULAR SESSION FOR THE
ECONOMIC DEVELOPMENT CORPORATION 4B BOARD
LOCATION: 100 MUNICIPAL DRIVE, TROPHY CLUB, TEXAS
Monday, October 14, 2013
7:00 PM
STATE KJFTEXAS
COUNTY OFDENTON
The Economic Development Corporation 4B of the Town of Trophy Club, Texas, met in Regular
Session on October 14, 2013. The meeting was held within the boundaries of the Town and was
open tOthe public.
James Hicks
President
Rebecca Shuman
Vice President
Dean Murray
Secretary/Treasurer
Sean Weaver
Director
Gregory Wilson
Director
STAFF AND GUESTS\PRESENT:
Stephen Seidel Assistant Town Manager
April R8iUDg PI{}/Marketing Manager
Call toorder and announce aquorum.
President Jim HiCho. noting @ quorum Of EDC 4B, called the regular session to order at 7:05
1. Election ofofficers.
Motion by Director Dean Murray to nominate Jim Hicks as President. Seconded by Director
Rebecca Shuman. Motion passed unanimously.
Motion by Director Murray tO nominate Director Shuman as Vice Chair. KA[ti0D seconded by
Director Sean Weaver. Motion passed unanimously.
Motion by Director Murray to nominate Director Weaver as 8eCre18rv/Tre8SU[8[ Motion failed
for |@Ck of second. Director Weaver indicated that there may be 8 conflict with his job.
Motion tOnominate Director Murray 8SSeoretarv/TrRaSUn8[ Seconded byDirector Shuman.
Motion passed unanimously.
2. Discuss and take appropriate action regarding the September 2013 Financials.
Assistant Town Manager Stephen Seidel presented the September 2O13Financials and
answered questions from the Board.
K80UoD by Director Murray to accept the September 2013 FiO8OCia|S as presented. 88CoDd8d by
Director Shuman. KUOtiOO passed uD8ninoUUS|y.
3. Discuss and take appropriate action regarding the September 16, 2013 Minutes.
Motion by Director Shuman to accept the September 16, 2013 Minutes as presented. Seconded
by Director Murray. Motion passed unanimously.
4. Discuss and take appropriate action regarding Strategic Planning.
Assistant Town Manager Seidel noted that this is a regular agenda item and asked the Board
for feedback regarding the Strategic Planning document. The local business meet and greet
event has been pushed to January 2014 in order to accommodate for the holidays and schedule
coordination. Probably looking at a Tuesday or Thursday to avoid mid -week conflicts; noted
January 23, 2014 as a potential date.
5. Assistant Town Manager Update:
- Trophy Club Town Center
- The Plaza
- Trophy Wood
- ICSC
- ED/Marketing position
Assistant Town Manager Seidel provided the Board updates and answered questions related to
topics above.
EXECUTIVE SESSION
7. Pursuant to Texas Government Code, Annotated, Subchapter 551, EDC 41B 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.
The EDC 4B Board convened into Executive Session at 7:25 p.m.
RECONVENE INTO REGULAR SESSION
8. Consider and take appropriate action regarding the Executive Session.
The EDC 4B Board reconvened in Regular Session at 7:49 p.m.
The Board took no action regarding the Executive Session.
Adjourn
Director Shuman moved to adjourn at 7:49 p.m. Director Weaver seconded. The motion passed
unanimously.
aures rcks, President
Z
Dean A�ry, Trea rer Secretary