Minutes EDC 4B 02/10/2014MINUTES OF REGULAR SESSION FOR THE
ECONOMIC DEVELOPMENT CORPORATION 4B BOARD
LOCATION: 100 MUNICIPAL DRIVE, TROPHY CLUB, TEXAS
Monday, February 10, 2014
7:00 p.m.
STATE OF TEXAS
COUNTY OF DENTON
The Economic Development Corporation 4B of the Town of Trophy Club, Texas, met in Regular
Session on February 10, 2014. 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—Arrived at 7:04 p.m.
Dean Murray
Secretary/Treasurer
Sean Weaver
Director
Gregory Wilson
Director
Randall Conn
Director
Dave Brod
Director — Arrived at 7:04 p.m.
STAFF AND GUEST(S)
PRESENT:
April Reiling
PIO/Marketing Manager
Alora Wachholz
Economic Development & Marketing Coordinator
Mike Slye
Town Manager
Call to order and announce a quorum at 7:03 p.m.
CITIZEN PRESENTATIONS
REGULAR SESSION
1. Discuss and take appropriate action regarding the November and December 2013
Financials.
Director Brod made a motion to adopt the Financials as presented and Director Weaver
seconded. Motion passed unanimously.
2. Discuss and take appropriate action regarding the January 13, 2014 Minutes.
President Hicks requested a spelling correction in the January 13, 2014 Minutes. Director Conn
made a motion to approve the Minutes as corrected by President Hicks and Director Brod
seconded. Motion passed unanimously.
3. Update and discussion regarding the upcoming Trophy Club Business Meet and
Greet event.
Economic Development & Marketing Coordinator Alora Wachholz provided an update regarding
the Business Meet and Greet event scheduled for February 20, 2014, Director Conn requested
that attendee information profiles be sent to the EDC 4B Board on the Tuesday prior to the
event. The Board discussed the event agenda and presentation for the event attendees.
4. Discuss and take appropriate action regarding Strategic Planning.
EDC 48 Board Page 7 of 39 Monday, March 10, 2014
Staff presented the new outline for the Strategic Plan as directed by the Board at a previous
meeting. The Board indicated a few minor changes in verbiage were necessary and requested
staff review further. The Board requested that further information regarding the Action Plan
portion of the Strategic Plan be provided at the next EDC 4B meeting. No action was taken on
this item.
5. Economic development projects update:
- Discover Trophy Club magazine
- Logo update
- Business Spotlight
- Shop Local Program
- TIF Board
- ADF Update
- Economic Climate Dashboard
- DFW Marketing Team
- Artisan Vapor
Economic Development & Marketing Coordinator Alora Wachholz and PIO April Roiling
provided updates and answered questions relating to the topics above.
6. PIO Updates:
- The Plaza
- Trophy Wood
- Trophy Club Town Center
PIO April Roiling and Town Manager Mike Slye provided updates and answered questions
relating to the topics above.
EXECUTIVE SESSION
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.
President Hicks convened into Closed Executive Session at 8:21 p.m.
President Hicks reconvened from Executive Session at 9:30 p.m.
Adjourn
Director Conn made a motion to adjourn at 9:32 p.m. and Director Wilson seconded. The motion
passed unanimously.
James 'cks, President
Dean Murray, Treasurer/Secretary
EDC 4B Board Page 8 of 39 Monday, March 10, 2014