Minutes EDC 4B 05/04/2015MINUTES OF REGULAR SESSION FOR THE
ECONOMIC DEVELOPMENT CORPORATION 4B BOARD
LOCATION: 100 MUNICIPAL DRIVE, TROPHY CLUB, TEXAS
Monday, May 4, 2015
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 May 4, 2015. The meeting was held within the boundaries of the Town and was
open to the public.
EDC 4B DIRECTORS PRESENT:
Gregory Wilson
President
Dave Brod
Vice President
Gerald Rapp
Secretary/Treasurer
Eric Jensen
Director
David Brod
Director
Sean Bone
Director
Sean Weaver
Director
Rebecca Shuman
Director
EDC 4B DIRECTORS ABSENT:
None
STAFF AND GUEST(S) PRESENT:
Stephen Seidel Acting Town Manager
April Reiling Public Information Officer & Marketing Manager
President Gregory Wilson called the meeting to order and announced a quorum at 7:02
p.m.
CITIZEN PRESENTATIONS
REGULAR SESSION
1. Discuss and take appropriate action regarding the Handbook for Elected and
Appointed Officials.
Town Manager Stephen Seidel provided an overview of recent changes to the Handbook for
Elected and Appointed Officials and the Board asked questions.
2. Discuss and take appropriate action regarding the February 2, 2015 Minutes.
Vice President Dave Brod made a motion to accept the February 2, 2014 Minutes as amended
at the dais. Motion seconded by Secretary/Treasurer Jerry Rapp. Motion passed unanimously.
Director Eric Jensen noted that Director Rebecca Shuman was present but not listed in
attendance. The February 2, 2015 Minutes were corrected at the dais.
3. Discuss and take appropriate action regarding the January 2015 Financials.
Director Eric Jensen made a motion to approve the January 2015, February 2015 and March
2015 Financials as presented. Motion seconded by Vice Presidents Dave Brod. Motion passed
unanimously.
4. Discuss and take appropriate action regarding the February 2015 Financials.
Action handled in previous item.
5. Discuss and take appropriate action regarding the March 2015 Financials.
Action handled in previous item.
6. Receive an Alliance Development Forum (ADF) update regarding the April 17, 2015
event, and discussion of the same.
Town Manager Stephen Seidel provided a recap of the Alliance Development Forum event and
updated the Board regarding attendance, speakers and topics discussed at the event. Vice
President Dave Brod also attended the event and provided input regarding the strong
development activity occurring in the area.
7. Discuss and take appropriate action regarding a Joint Meeting with the Town
Council.
Town Manager Stephen Seidel indicated that the Town Council would like to meet and go over
EDC 4B strategy and budget. The Board provided feedback regarding dates that might work
and asked staff to connect with Council to see if the June 1, 2015 regularly scheduled EDC 4B
meeting date might work.
8. Town Manager Update:
- The Plaza
- The Village
- The Village Centre
- The Commons
- Trophy Wood
Town Manager Stephen Seidel provided updates and answered questions related to the topics
above.
The Board convened into Executive Session at 7:28 p.m.
EXECUTIVE SESSION
9. Pursuant to Texas Government Code, Annotated, Subchapter 551, EDC 413 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.
RECONVENE INTO REGULAR SESSION
The Board reconvened into Regular Session at 8:10 p.m.
10. Consider and take appropriate action regarding the Executive Session.
No action taken.
Adjourn
Director Eric Jensen motioned to adjourn. Motion seconded by Director Sean Weaver. Motion
passed unanimously. The Board adjourned at 8:10 p.m.
Gregory Wi n, President Gerald Rapp, Secretary/Treasurer