Minutes EDC 4A 12/10/2002MINUTES OF WORKSHOP/REGULAR SESSION
ECONOMIC DEVELOPMENT CORPORATION 4A
TOWN OF TROPHY CLUB
December 10, 2002
STATE OF TEXAS
COUNTY OF DENTON
The Economic Development Corporation 4A of the Town of Trophy Club, Texas, met in
a Regular Session on December 10, 2002. The meeting was held within the boundaries
of the Town and was open to the public.
DIRECTORS PRESENT:
J. D. Harvey
Neil Twomey
Dwight Morrow
Gary Cantrell
DIRECTORS ABSENT:
Pete Reincke
President
Secretary/Treasurer
Director
Director
Vice -President
STAFF AND GUEST (S) PRESENT:
Roger Unger Staff Liaison
Jan Woodruff Staff
Susan Edstrom Town Councilmember
WORKSHOP SESSION
CALL TO ORDER AND ANNOUNCE A QUORUM:
President Harvey called the meeting to order at 6:04 pm, announced a quorum, and
proceeded to the regular session.
DISCUSSION OF REGULAR AGENDA ITEMS:
ADJOURN WORKSHOP SESSION:
REGULAR SESSION
CALL TO ORDER AND ANNOUNCE A QUORUM:
UPDATE ON EDC FUNDING OF CONSTRUCTION OF 10 -ACRE PARK.
Roger Unger gave an update on the construction of the 10 -Acre Park. The roofing
contractor declared bankruptcy. It will be about a month before the concession stand is
ready. The approximate cost to the EDCA will be $174,000. There are some fencing and
grading problems.
DISCUSSION AND APPROPRIATE ACTION ON EDC FUNDING FOR THE
SWIMMING POOL.
Roger Unger gave an update on the pool. Additional soil amendments and added
features will need additional funding of approximately $368,000. No action was taken at
this time.
PAGE 2 TROPHY CLUB EDC4A DECEMBER 10, 2002
REVIEW AND APPROVE MINUTES:
Director Twomey made 3motion t0approve the minutes for October 2O.20O2with the
spelling CO[nBCtiOO. Director Morrow seconded the motion. The rnOLiOD p8SSSd
unanimously.
REVIEW AND APPROVE FINANCIAL STATEMENTS:
Director Twomey made @ motion h}approve the financial statements for the months Of
October and November 2002. Director Morrow seconded the motion. The motion passed
unanimously.
OTHER BUSINESS:
Susan Edstrom presented a Shop Trophy Club First informational brochure. She asked
for onnnnn8OtS on the wording. It was suggested that we S8@rCh the web Sites of other
EDCs. There is a good EDC website for the City of Allen.
�0�O0�M'
Director T me a motion to adjourn theDe otion to adj,
meeting 8[0:45 p.m. Director Cantrell