Agenda Packet 02/09/2022 Jt Mtg EDC 4BTown of Trophy Club
Special Joint Meeting Agenda
Town Council & Economic
Development Corporation4B
Board (EDC)
1 Trophy Wood Drive
Trophy Club, Texas 76262
February 09, 2022 6:00 PM Council Chambers
CALL TO ORDER BY MAYOR FLEURY AND EDC4B DIRECTOR CLARKE
PUBLIC COMMENTS
This is an opportunity for citizens to address the Boards on any matter. The Boards
are not permitted to discuss or take action on any presentations made. Presentations
are limited to matters over which the Boards have authority. Speakers have up to four
(4) minutes or the time limit determined by the Presiding Officer. Each speaker must
complete the Speaker’s Form to include the topic(s) to be presented or you may also
email mayorandcouncil@trophyclub.org
EDC4B BOARD ONLY
1.Take appropriate action to Elect Officers (President and VicePresident) to the EDC4B
Board. (W. Carroll)
2.Take appropriate action to approve the EDC4B Board Meeting Minutes of November 29,
2021. (L. Vacek)
JOINT MEETING WITH TROPHY CLUB TOWN COUNCIL AND EDC4B BOARD:
RECESS INTO EXECUTIVE SESSION
3. Pursuant to following designated section of the Texas Government Code, Annotated, Chapter 551
(Texas Open Meetings Act), the Town Council and the Trophy Club Economic Development
Corporation4B will convene into Executive Session to discuss the following:
Section 551.087 – Deliberate the Economic Development Negotiations regarding a commercial
prospect within the Trophy Wood District for Potential Projects and Incentives. (W. Carroll)
RECONVENE INTO OPEN SESSION ACTION TO BE TAKEN
4. Take appropriate action to commission a Market Study Review and Assessment of
Commercial Use Potential by Community Development Strategies not to exceed $32,000 for
5.4 acres EDCowned property west and adjacent to HG SPLY. (W. Carroll)
EDC4B Board – Take appropriate action regarding Executive Session as necessary.
Town Council – Take appropriate action regarding Executive Session as necessary.
ADJOURN
Town Council Meeting to be adjourned. (Mayor Fleury)
EDC4B Meeting to be adjourned. (Board President)
One or more members of the Town Council may participate remotely using video conferencing
pursuant to Chapter 551 of the Texas Government Code.
*THE BOARDS MAY CONVENE INTO EXECUTIVE SESSION TO DISCUSS POSTED ITEMS AS
ALLOWED BY THE TEXAS OPEN MEETINGS ACT, LGC.551.071.
CERTIFICATION
I certify that the above notice was posted on the bulletin board at Trophy Club Town Hall, 1
Trophy Wood Drive, Trophy Club, Texas, on Tuesday, February 1, 2022 by 5:00 PM in
accordance with Chapter 551, Texas Government Code.
__________________________________
Leticia Vacek, Town Governance Officer/
Town Secretary
If you plan to attend this public meeting and have a disability that requires special needs,
please contact the Town Secretary’s Office at 6822372900, 48 hours in advance and
reasonable accommodations will be made to assist you.
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Town of Trophy ClubSpecial Joint Meeting AgendaTown Council & EconomicDevelopment Corporation4BBoard (EDC)1 Trophy Wood DriveTrophy Club, Texas 76262February 09, 2022 6:00 PM Council ChambersCALL TO ORDER BY MAYOR FLEURY AND EDC4B DIRECTOR CLARKEPUBLIC COMMENTSThis is an opportunity for citizens to address the Boards on any matter. The Boardsare not permitted to discuss or take action on any presentations made. Presentationsare limited to matters over which the Boards have authority. Speakers have up to four(4) minutes or the time limit determined by the Presiding Officer. Each speaker mustcomplete the Speaker’s Form to include the topic(s) to be presented or you may alsoemail mayorandcouncil@trophyclub.orgEDC4B BOARD ONLY1.Take appropriate action to Elect Officers (President and VicePresident) to the EDC4BBoard. (W. Carroll)2.Take appropriate action to approve the EDC4B Board Meeting Minutes of November 29,2021. (L. Vacek)JOINT MEETING WITH TROPHY CLUB TOWN COUNCIL AND EDC4B BOARD:RECESS INTO EXECUTIVE SESSION
3. Pursuant to following designated section of the Texas Government Code, Annotated, Chapter 551
(Texas Open Meetings Act), the Town Council and the Trophy Club Economic Development
Corporation4B will convene into Executive Session to discuss the following:
Section 551.087 – Deliberate the Economic Development Negotiations regarding a commercial
prospect within the Trophy Wood District for Potential Projects and Incentives. (W. Carroll)
RECONVENE INTO OPEN SESSION ACTION TO BE TAKEN
4. Take appropriate action to commission a Market Study Review and Assessment of
Commercial Use Potential by Community Development Strategies not to exceed $32,000 for
5.4 acres EDCowned property west and adjacent to HG SPLY. (W. Carroll)
EDC4B Board – Take appropriate action regarding Executive Session as necessary.
Town Council – Take appropriate action regarding Executive Session as necessary.
ADJOURN
Town Council Meeting to be adjourned. (Mayor Fleury)
EDC4B Meeting to be adjourned. (Board President)
One or more members of the Town Council may participate remotely using video conferencing
pursuant to Chapter 551 of the Texas Government Code.
*THE BOARDS MAY CONVENE INTO EXECUTIVE SESSION TO DISCUSS POSTED ITEMS AS
ALLOWED BY THE TEXAS OPEN MEETINGS ACT, LGC.551.071.
CERTIFICATION
I certify that the above notice was posted on the bulletin board at Trophy Club Town Hall, 1
Trophy Wood Drive, Trophy Club, Texas, on Tuesday, February 1, 2022 by 5:00 PM in
accordance with Chapter 551, Texas Government Code.
__________________________________
Leticia Vacek, Town Governance Officer/
Town Secretary
If you plan to attend this public meeting and have a disability that requires special needs,
please contact the Town Secretary’s Office at 6822372900, 48 hours in advance and
reasonable accommodations will be made to assist you.
2
November 29, 2021 Page 1 of 2
TOWN OF TROPHY CLUB
ECONOMIC DEVELOPMENT CORPORATION-4B (EDC-4B)
November 29, 2021 Minutes
The Trophy Club EDC-4B met on Monday, November 29, 2021. The meeting was held at Town Hall, 1 Trophy Wood
Drive at 6 pm with the following present:
MEMBERS:
Michael Clarke Director
Scott Haro Director
Teri Addington Director
Joseph Longo Director
Michael Thomas Director
MEMBERS ABSENT:
Travis Inge Director
John Mann Director
STAFF PRESENT:
Wade Carroll Town Manager
David Dodd Town Attorney
Mike Erwin Finance Manager
PUBLIC COMMENTS
No one attended to speak under Public Comments.
CALL TO ORDER
Director Clarke called the meeting to order at 6:15 pm and noted a quorum was present.
EXECUTIVE SESSION
The EDC 4B recessed into Executive Session at 6:15 pm.
2. Pursuant to the following designated sections of the Texas Government Code, Annotated, Chapter 551 (Texas
Open Meetings Act), the ED 4B will convene into executive session to discuss the following:
Section 551.087 – Deliberate the Economic Development Negotiations regarding a commercial prospect within
the Trophy Wood District - Potential Projects and Incentives
RECONVENE INTO REGULAR SESSION
The EDC 4B reconvened into Regular Session at 8:55 pm from Executive Session.
Director Clarke moved to instruct Town Staff to negotiate a Memorandum of Understanding with conditions as
discussed in Executive Session, and to start the process for a Feasibility Study, and to schedule a Joint Meeting with the
Town Council. Director Addington seconded the motion. The motion carried as follows:
AYE: Clarke, Addington, Longo, and Thomas
NAY: Haro
ABSENT:Inge, Mann
1.Take appropriate action to approve the minutes dated July 7, 2021. (L. Vacek)
Director Longo moved to approve the minutes as submitted for July 7, 2021. Director Addington seconded the motion.
The motion carried as follows:
November 29, 2021 Page 2 of 2
AYE: Clarke, Haro, Addington, Longo, and Thomas
NAY: None
ABSENT: Inge, Mann
ADJOURNMENT
The meeting was adjourned by Director Clarke at 8:56 pm.
_____________________________________ ___________________________________
Wade Carroll, Town Manager Michael Clarke, Director
Town of Trophy Club EDC-4B
Page 1 of 2
To: Mayor and Town Council
From: Wade Carroll, Town Manager
CC: Leticia Vacek, Town Governance Officer/Town Secretary
Re: Approve the proposed Market Study from CDS
Special Joint Meeting Town Council and EDC 4-B January 19, 2022
Agenda Item:
Consider and take appropriate action to commission the completion of a feasibility study by
Community Development Strategies (CDS) not to exceed $32,000.
Strategic Link:
Infrastructure and Development: Foster a business friendly environment
Administrative and Financial Services: Exercise fiscal discipline in all Town operations
Background and Explanation:
Staff is seeking the approval from both the Economic Development Corporation 4-B and the Town
Council for the commissioning of a feasibility study for the 5.4 acres EDC owned property west
and adjacent to HG SPLY. During the EDC meeting on December 29, 2021 the EDC gave direction
to the Town Manager to seek out a feasibility study to review and verify the analyses and findings
in a market study provided by the Elborai Group for a proposed project on the land described
above. The study will also include a limited use study for the property and can be used for the
EDC owned 3+ acre tract of land south of Town Hall and north of Trophy Table.
Community Development Strategies was established in 1971 and is a leading national consulting
firm headquartered in Houston, Texas, providing economic analysis, public planning, and market
research services to clients in a wide variety of industries. They have worked with EDCs from
around the country and the State of Texas including Austin, Amarillo, Arlington, College Station,
Galveston, Garland and Sugar Land.
The study will include an in depth look at the feasibility and economic longevity of the proposed
development but will also give the Town a limited use study of the land owned by the EDC to
ensure that this development meets that use. Council had previously stated that they would
prefer to see a destination quality entertainment, restaurant or retail in those locations so a full
highest and best use was not contracted which lowered the cost of the project.
Page 2 of 2
The project fee is quoted at $28,500.00 plus reimbursable travel expenses not to exceed
$2000.00 without client authorization. The report finding will be provided to both Council and
EDC-4B in written form however if either would prefer a virtual meeting with CDS that would be
arranged without additional charge.
Financial Considerations:
Funding is available in the EDC Budget. The expenditure will be charged to the Professional
Outside Services line item ($15,000) and additional funds from the advertising line item ($35,000)
will be moved over to cover the cost. This action is for approval of an item over $25,000.
Legal Review:
The Town Attorney has reviewed the contract and it is ready for the packet.
Board/Commission/ or Committee Recommendation:
The EDC 4-B requested the Town Manager have the feasibility and highest and best use study be
completed.
Staff Recommendation:
Staff recommends approval of contract with CDS not to exceed $32,000
Attachments:
CDS Proposal
Town Council Approval:
Mayor Alicia L. Fleury
EDC 4-B Approval:
______________________
President of Trophy Club EDC 4-B
PROPOSAL
INDEPENDENT MARKET STUDY REVIEW AND
ASSESSMENT OF COMMERCIAL USE POTENTIAL
DESTINATION MIXED-USE SITE
TROPHY CLUB, TEXAS
Prepared for:
TOWN OF TROPHY CLUB
1 Trophy Wood Drive
Trophy Club, Texas 76262
Prepared by:
CDS COMMUNITY DEVELOPMENT STRATEGIES
1002 S. Dairy Ashford
Suite 450
Houston, Texas 77077
January 25, 2022
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January 25, 2022
Wade Carroll
Town Manager
TOWN OF TROPHY CLUB
1 Trophy Wood Drive
Trophy Club, Texas 76262
RE: PROPOSAL – INDEPENDENT MARKET STUDY REVIEW AND ASSESMENT OF DESTINATION
COMMERCIAL USE POTENTIAL
Dear Mr. Carroll:
CDS Community Development Strategies (CDS) is pleased to submit this Proposal for performance of
market research, analysis and consulting services to the Town of Trophy Club (the Town). Specifically,
CDS is herein describing a research and analysis effort to accomplish two tasks: (1) independently review
and verify the assumptions, methods, and findings of a set of market studies prepared in support of a
proposed destination entertainment / retail / dining development in Trophy Club; and (2) independently
assess the potential for unique and destination-quality entertainment, dining, and retail uses on the site
of the proposed development and a contiguous adjacent site.
BACKGROUND AND OBJECTIVE
A developer has approached the Town for an economic development agreement to construct a four-
story commercial development and structured parking facility on a 5.4-acre site with frontage on State
Highway 114. The project concept consists of a family entertainment facility on the first floor, very high-
end destination retail on the second and third floors, and a set of restaurants in a configuration similar
to a food hall on the fourth floor. The structured parking facility could be shared with adjacent
commercial and civic uses and is something the Town has been seeking to alleviate parking constraints
in the area and permit customers to park on the corresponding level with their destination. The
developer has provided a set of market studies corresponding to the discrete components of the project
to support the assertion that each component will have sufficient demand at that site. The studies,
however, do not address potential compatibility issues or beneficial synergies between the uses in this
vertically mixed configuration.
Before the Town enters into an agreement with the developer in question, it has asked for a proposal of
services from CDS to provide independent verification of the analyses and findings presented in the
developer’s market studies and some additional consideration of the interaction of the uses in the
proposed concept. In addition, the Town would like CDS to perform its own market analysis to assess
the potential for dining, retail, and entertainment uses that would be unique in the northwestern Dallas
– Fort Worth metro region, be attuned to the tastes and consumption patterns of the affluent residents
of Trophy Club and nearby suburban communities, and have a destination quality that would attract a
substantial customer base from outside this immediate market area.
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SCOPE OF WORK
The Scope of Work will have two primary elements: the review and verification of the analyses and
findings in the developer-provided market studies, and a CDS-generated analysis of the potential for
desired destination retail / dining / entertainment on the developer’s site and an adjacent site.
Independent Review of Developer-Provided Market Studies
CDS will review the existing market studies to verify several aspects of their analyses and findings,
including:
1. Existing Conditions
• Market area – geographic definition, demographic trends and projections
• Nonresident support – local employment and visitor traffic
• Competitive sites – identification and performance evaluation of relevant existing and planned
competitive locations to capture spending
• Current spending – documentation of existing spending in relevant business categories
2. Demand Analysis
• Estimation of potential market area resident spending in relevant business categories
• Estimation of potential nonresident spending
• Site competitive position – description of strengths and weaknesses of subject site in relation to
competitive locations
• Projections of spending capture by proposed project based on competitive position
• Projection of supportable leasable space
3. Conclusions and reporting
• Assessment of assumptions and analysis methodology
• Assessment of likely impacts on conclusions if different assumptions or methodologies are
indicated
Independent Market Analysis
CDS will prepare its own market analysis to determine potential support for the desired retail, dining,
and entertainment uses on the developer’s site combined with an adjacent contiguous site. CDS will
focus on space for business types that are unique or uncommon in the DFW metro area in terms of
brand name and/or product offering, targeted to an affluent customer, and likely to be a destination for
customers outside of Trophy Club and its immediately adjacent communities. The analysis will include
the following components and methodology:
1. Economic and demographic context
a. Define the Competitive Market Area (CMA) relative to the site’s location and nature of
commercial uses under study
b. Review population and socio-demographic trends and patterns for the CMA
c. Estimate local non-resident population (employment, visitors) around the site that could
support spending on retail, dining, and entertainment
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d. Compile overview of economic trends and prospects for employment growth relevant to the
CMA
e. Document historical spending in relevant business categories in the CMA
2. Review and evaluation of relevant competitive supply of retail / dining / entertainment space
a. Review historical, current and planned development of relevant uses in the CMA
b. Document performance and trends in new construction such as occupancy, lease rates, and
absorption as available
c. Review the inventory and rental rates of competitive developments and locations
d. Examine relevant case study examples elsewhere in the DFW metro area and Texas for
indications of market performance, key location characteristics, and use/business mix
3. Estimate future demand for relevant potential uses at the site
a. Convert population and employment characteristics into demand segments
b. Analyze the current and anticipated supply and demand balances in the CMA, including “gap
analysis” for relevant retail / dining / entertainment uses if applicable
c. Forecast overall demand for retail / dining / entertainment uses in the CMA
d. Estimate the share of future demand for retail / dining / entertainment space that can be
captured at the subject site over time based on location characteristics
e. Convert demand capture into projections of supportable leasable space
f. Identify potential beneficial use / business mix synergies and design features
4. Reporting and presentation
a. Organize the findings and results of the research program into a practical and useful format
and prepare a fully illustrated report suitable to aid in development and financial planning
b. Conduct a presentation of findings to the client and community members (see language
regarding project fee below)
DELIVERABLES
Upon completion of the research program as described above, a written draft report (or separate
reports for each main component of the Scope of Work) will be prepared for Town review. Following
discussions regarding the findings, CDS will prepare a final electronic copy of the report(s). Hard copies
will be made available at our cost of reproduction.
FEE AND TIME QUOTATIONS
Fees for professional services are based upon time allotted to the performance of various study tasks at
our standard per diem rates. Based on the scope of work described addressing four real estate uses and
our experience with similar assignments, the project fee quotation is $28,500.00 plus reimbursable
travel expenses not to exceed $2,000.00 without client authorization. CDS would include up to four
person-nights by CDS staff for field visits (one 2-night visit by 2 CDS staff persons or two 2-night visits by
1 CDS staff person per visit) to Trophy Club for research. This fee does not include an in-person
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presentation of findings; such a visit would require a contract amendment including a separately
invoiced fee of $3,750.00 per staff member attending in-person plus reimbursable travel expenses. A
purely remote / virtual presentation of findings that does not require CDS travel is included in the base
fee stated above and would not require a contract amendment to adjust the fee.
Turnaround time for commencement and completion of the study will be related to our in-house
production schedule at the time of assignment and is currently estimated at 8 to 10 weeks from the date
work commences on the study, not including any intervening holiday periods. Projects are started and
completed in the order in which contracts / retainers are received and dependent on the availability of
staff time for commitment to the work.
BILLING POLICIES
CDS will issue an invoice for a retainer of one-half the contracted fees with written authorization to
proceed. This invoice is due upon receipt. We are not obligated to start work or determine a completion
date until both the contract, retainer fee, and credit check form (if applicable) are received. A final invoice
for the balance will be issued upon delivery of the draft report. This invoice is due and payable upon
receipt. All reimbursable expenses will be documented and included with the final invoice. CDS is not
obligated to issue a final report document until payment of this invoice is confirmed. Payment timing is
not affected by an elective review period. All reasonable and necessary corrections or revisions brought
to our attention within 30 days of delivery of the report will be immediately addressed.
Any requests for supplemental services, meetings or presentations not described herein will be
considered additions to the scope and billed at our standard hourly rates.
PAYMENT POLICY
With written authorization to proceed, CDS will issue an invoice for a retainer of one-half the quoted
fees. This invoice is due upon receipt. CDS is not obligated to start work or determine a completion date
until both the contract and retainer fee is received. A final invoice for the balance plus any approved
expenses will be issued upon delivery of the report. This invoice is due and payable within 30 days of
client receipt and timing for payment is not affected by an elective review period. Any reasonable and
necessary corrections or revisions to the report will be immediately addressed.
The above fee incorporates the cost of professional and clerical time, overhead, processing and
production of an electronic copy of the final report. Requests for supplementary services such as
additional visits or presentations will be quoted separately. Fees associated with outside job services
such as overnight delivery, etc. will be documented and submitted with the final invoice for
reimbursement.
QUALIFICATIONS OF CDS
CDS Community Development Strategies was formed in 1971 to provide professional market and
economic research and consulting services including market feasibility and market planning for real
estate and economic development. The firm is staffed with professional market analysts and planners.
Over 4,000 independent studies have been completed addressing a wide range of real estate issues for
both public and private clients. Staff members are experienced in assessing market support and strategic
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planning for development of all types of residential, commercial, industrial, recreational and mixed-use
real estate properties throughout Texas and Oklahoma.
The following is a partial list of CDS’ local government and civic organization clients:
Action CDC
Aldine Improvement District
Andrews EDC
Ardmore Development Authority
Avenue CDC
BAHEP
Big Lake EDC
Brays Oaks Management District
Bryan Business Council
Buffalo Bayou Partnership
Central Houston
City of Alice
City of Alvin
City of Amarillo
City of Angleton
City of Aransas Pass
City of Arlington
City of Austin
City of Austin
City of Bartlesville
City of Bay City/EDC
City of Baytown
City of Bellaire
City of Brenham
City of Brownwood
City of Cedar Hill
City of Claremore
City of Cleveland/EDC
City of College Station/EDC
City of Conroe/EDC
City of Corpus Christi/EDC
City of Cuero/EDC
City of El Paso
City of Friendswood/EDC
City of Fulshear
City of Galveston
City of Garland
City of Georgetown
City of Houston
City of Hurst
City of Lake Jackson
City of LaPorte
City of Laredo
City of League City/EDC
City of Lewisville
City of Lufkin
City of Mesquite
City of Mexia
City of Missouri City
City of Mont Belvieu
City of Nassau Bay
City of New Braunfels
City of Oak Ridge North
City of Pasadena / Second Century
City of Pearland/EDC
City of Pflugerville
City of Plainview
City of Ponca City
City of Rockdale
City of Rosenberg EDC
City of San Angelo
City of San Angelo
City of San Angelo Development Corporation
City of San Juan
City of Seabrook
City of Sugar Land
City of Temple
City of Texas City
City of Tulsa/EDC
City of Waller
Downtown Midland Association
Downtown Oklahoma City, Inc.
East Downtown Management District
East End District
East Montgomery County Imp. District
Economic Development Alliance of Brazoria County
Energy Corridor Management District
Enid Regional Development Authority
Fifth Ward Redevelopment
Fort Bend County
Fort Worth Housing Authority
Grand Parkway Association
Grayson County
Greater Houston Builders Association
Greater Houston Partnership
Greater Southwest Houston C of C
Gulf Coast Rail District
Harris County Community Services Department
Harris County Toll Road Authority
Housing Authority City of Houston
Houston Community Development
Houston Downtown Management District
Houston Galveston Area Council
Houston Housing Finance Corporation
Houston Parks Board
Houston Southeast District
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Katy Area Economic Development Corp
Katy Independent School District
Lawton Fort Sill Chamber of Commerce
Main Street Corridor Coalition
Memorial District
METRO
Midtown Redevelopment Authority
Montgomery Area Chamber
Neighborhood Recovery
North Harris County College EDC
North Houston Association
North Houston District
Odessa Development Corporation
Oklahoma City Urban Renewal Authority
Port Arthur Downtown Renewal
Pryor Area Chamber of Commerce
Spring Branch Management District
Sweeny Independent School District
Sweetwater MDD
The Woodlands Township Parks and Recreation
Tomball EDC
TxDOT
United Methodist Church
United Way / Grayson County
Uptown Houston District
Urban Land Institute
West Houston Association
Westchase District
Wharton EDC
GOVERNING LAWS FOR BUSINESS AGREEMENTS
• The signed proposal for services acts as the business Agreement between CDS Community
Development Strategies (CDS) and Client entities thereto signed.
• Upon receipt of a signed agreement, CDS may conduct a standard customer credit review. Results
of this review could affect payment terms prior to release of a final report.
• New Clients are asked to provide accounts payable contact information for our files.
• CDS studies are independent and objective and may return findings that do not support the Clients
stated or unstated objectives.
• CDS will use its professional qualifications, experience and efforts to provide an objective report
based on the data and methodologies it commonly uses for this type of project. CDS does not
warrant or guarantee the success of client’s project. CDS’ and its affiliates’ sole and only liability
and/or damages under this Agreement is limited to a refund of the fee paid by client. IN NO event
will CDS or its affiliates be liable for indirect, consequential, special or punitive damages.
• Retainer payments are non-refundable deposits to proceed with a study.
• Payment of invoiced amounts are in no way dependent on the decision of the Client or any third
party to proceed with a project or to secure funding or financing for a project regardless of whether
the study is for purposes of deciding whether to proceed or to secure financing.
• The only obligations are between parties explicitly named in the agreement and who have executed
the agreement. CDS is not obligated in any way whatsoever to any party not named in the
agreement who may act or fail to act whether directly or indirectly on the study.
• Final payment is due upon receipt. All past due invoices will accrue interest at 1.5 % per month.
• In the event of default in payment, Buyer shall pay all costs of collection incurred by Seller to collect
such payment, including but not limited to collection agency fees, attorney’s fees, legal expenses
and court costs.
• The study is and shall remain the property of CDS until all outstanding invoices are paid.
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• This Agreement is entered at arm’s length and shall be governed by and construed in accordance
with State of Texas laws. If any provision of this Agreement is determined to be unenforceable
according to such laws, that provision shall be severed from the remainder of the Agreement which
will remain in force. The State of Texas shall have jurisdiction over the parties and all claims and
causes of action related to this Agreement and venue shall lie in Harris County, Texas.
• This Agreement supersedes any other agreements verbal or written related to the matter and can
be modified only in writing signed by all parties to the Agreement.
CONFIDENTIALITY
CDS reports are proprietary and results will be held in confidence as required. There are no restrictions
on client use of information provided in the reports.
AUTHORIZATION OF THE WORK
If the arrangements described above are satisfactory, please sign and return a copy of this proposal
agreement as our formal authorization to proceed.
CDS staff members are looking forward to the possibility of working with the Town of Trophy Club.
Respectfully submitted,
Steven R. Spillette ACCEPTANCE:
President
BY:
FOR:
DATE:
Accounts payable contact name: _______________________________________________________
Email address: _____________________________________Telephone number: ______________________