Minutes TC 09/17/2007 - Special SessionMINUTES OF SPECIAL SESSION TOWN COUNCIL MEETING FOR THE
TOWN OF TROPHY CLUB
LOCATION: 100 MUNICIPAL DRIVE, TROPHY CLUB, TEXAS
Monday, September 17,2007
7:00 A.M.
STATE OF TEXAS 5
COUNTY OF DENTON 5
The Town Council of the Town of Trophy Club, Texas, met in a Special Session on Monday, September 17.
2007.The meeting was held within the boundaries of the Town and was open to the public.
TOWN COUNCIL MEMBERS PRESENT:
Nick Sanders Mayor
Susan Edstrom Mayor Pro Tem
Pam Cates Council Member
Jim Moss Council Member
Philip Sterling Council Member
Kathleen Wilson Council Member
STAFF AND GUEST(S) PRESENT:
Brandon Emmons
Stephen Seidel
Sakura Moten-Dedrick
Lisa Ramsey
Patricia Adams
Town Manager
Assistant Town Manager
Finance Director
Town Secretary
Town Attorney
A.l Mayor Sanders called the Regular Session to order at 7:07 a.m. noting a quorum was present.
Mayor Sanders introduced Robert Micklos from Hughes and Lews and Kirk Wilson from Centurion.
A.2 Opening comments by the Town Manager.
At Council's request for estimates, Town Manager Emmons explained the staff's estimated time spent working on
PID related items and documents, not including the development itself.
TOWN COUNCIL CONVENED INTO SPECIAL SESSION
*SPECIAL SESSION
8.1 Discuss and review the Town's FY2007-08 Proposed Budget and tax rate.
Kirk Wilson said the detail provided looks adequate and acknowledged the $127,292 the developer agreed to pay
in expenses accrued in addition to the PID Bonds. Wilson consulted with Keenan Rice from MunlCap and would
like these expenses to come out of the closing, anticipated for October 15, 2007.
Council member Cates feels the staff hours are under estimated. Mayor Sanders explained the hours do not
relate to zoning and development. Town Manager Emmons clarified that it may appear that the staff is doing a lot
of additional work; however staff would have to do this for any new development.
Mayor Pro Tem Edstrom agreed with Mayor Sanders and said the expense should go towards I&S.
Town Manager Emmons said the $127,292 should be applied towards the I&S component, with this amount listed
as a separate line to offset the budget. Council member Cates feels the savings and cuts should be kept in place
in I&S and thinks the $127,292 should be spread out over the life of the debt.
Council's preference is to use the $127.292 next year and asked Finance Director, Sakura Dedrick to show what
it will look like in out years.
Council member Sterling recollects the PID creation was not to cost the Town and suggested staff look at the cost
for new development as opposed to the PID creation to see if the estimates are fair.
Mayors Sanders confirmed with Kirk Wilson that the expenses to be paid by the developer are non-qualified $3.2
million, non-qualified $474,000 park improvements and $127,000 in expenses.
Finance Director, Sakura Dedrick clarified Council's consent to build the budget with no tax increase.
C.l Adjourn.
Motion made by Sterling; seconded by Wilson to adjourn.
Meeting adjourned at 8:10 a.m.
E&J&
N~ck Sanders. Mavor
Town of ~ro'phy Club, Texas ' Town of ~rophy club, Texas