Minutes TC 03/24/2004 - Joint SessionMINUTES OF TOWN COUNCIL JOINT WORKSHOP SESSION
WITH ECONOMIC DEVELOPMENT CORPORATION A
AND ECONOMIC DEVELOPMENT CORPORATION B
FOR THE TOWN OF TROPHY CLUB
MARCH 24, 2004
LOCATION: 100 MUNICIPAL DRIVE, TROPHY CLUB, TEXAS
WORKSHOP SESSION — 6:00 P.M.
NOTE: NO FORMAL VOTES WERE TAKEN ON ANY AGENDA ITEMS
CALL TO ORDER AND ANNOUNCE A QUORUM.
EDC A, EDC B and Council were called to order at 6:05 p.m.
EDC A MEMBERS PRESENT:
Neil Twomey
J. D. Harvey
T. Dwight Morrow
TOWN COUNCIL MEMBERS PRESENT:
Beverly Foley Mayor Pro Tem
Susan Edstrom Council Member
Bill Matthai Council Member
Roger Williams Council Member
Scott Spence Council Member (departed 7:15 p.m.)
EDC B MEMBERS PRESENT:
Jim Hicks, Chairman
Pam Cates (Council Candidate arrived 6:12 p.m.)
Tim Meredith
Doyle Nicholson
Andrew Hayes
Rebecca Shuman (arrived at 7:52 p.m.)
STAFF AND VISITORS PRESENT:
Donna Welsh Town Manager
Jan Woodruff Financial Analyst
Diane Cockrell Town Secretary
Mendi Whitehead Resident
EDC A MEMBERS ABSENT:
Gary Cantrell
Bob Fair
TOWN COUNCIL MEMBERS ABSENT:
Scott Smith Mayor
EDC B MEMBERS ABSENT:
Bill Devlin
Roger Unger Finance Director
Patricia Adams Town Attorney
Margi Cantrell Council Candidate(arrived 6:06 p.m.)
ECONOMIC DEVELOPMENT WORKSHOP CONDUCTED BY JEFF MOORE, ATTORNEY
FOR BROWN AND HOFMEISTER, L.L.P.
a. Criteria for use of EDC funds
b. Legislative changes and how it affects the EDCs
c. Attorney General selected opinions affecting EDCs
d. Creation and dissolution of an EDC
e. Amending the level of sales tax for an EDC
Mr. Moore provided a power point presentation explaining the limitations of use of Economic
Development Corporation funds.
ADJOURN.
Economic Development A, Economic Development B and. Town Council adjourned at 8:49 p.m.
Page 2 Joint Workshop Ses
ATTES
ayor Pro Tern,
Town Secretary, Toyin of Trophy Club, Texas
24, 2004
of Trophy Club