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Minutes EDC 4A 02/25/2002 - Joint SessionMINUTES OF WORKSHOP/REGULAR SESSION ECONOMIC DEVELOPMENT CORPORATION 4A TOWN OF TROPHY CLUB SPECIAL JOINT SESSION WITH EDC 413 February 25, 2002 STATE OF TEXAS COUNTY OF DENTON The Economic Development Corporation 4A of the Town of Trophy Club, Texas, met in a Special Session on February 25, 2002. The meeting was held within the boundaries of the Town and was open to the public. DIRECTORS PRESENT J. D. Harvey President Neil Twomey Secretary/Treasurer Pete Reincke Vice -President Barry Huizenga C01ncil/1-1aison DIRECTORS ABSENT: David Neal STAFF AND GUEST(S) PRESENT: Roger Unger Staff Liaison Jan Woodruff Recording Secretary Donna Welsh Town Manager Pete Tart Bond Attorney, McCall Parkhurst & Horton EDC 413 Directors WORKSHOP SESSION CALL TO ORDER AND ANNOUNCE A QUORUM: President Harvey called the meeting to order at 6:03 pm and announced a quorum. He went into regular session. DISCUSSION OF REGULAR AGENDA ITEMS: ADJOURN WORKSHOP SESSION: REGULAR SESSION CALL TO ORDER AND ANNOUNCE A QUORUM: Director Harvey called the meeting to order and announced a quorum. DISCUSSION AND APPROPRIATE ACTION FOR THE ADDITIONAL $75,000 FOR THE 10 ACRE PARK FUNDING PER ACTUAL BID. Tabled to next meeting. PAGE 2 TROPHY CLUB EDC4A FEBRUARY 25, 2002 DISCUSSION AND APPROPRIATE ACTION FOR THE POSSIBILITY OF ISSUING BONDS FOR THE CONSTRUCTION OF THE POOL AND PHASE 2 AND PHASE 3 OF THE 10 -ACRE PARK. Pete Tart answered questions about the different bonding possibilities. No action was taken. REVIEW AND APPROVE MINUTES FROM JANUARY MEETING. Tabled to next meeting. REVIEW AND APPROVE FINANCIAL STATEMENTS FOR DECEMBER AND JANUARY. Tabled to next meeting OTHER BUSINESS: None ADJOURN: Directorras,�i izi nga made a motion to adjourn the meeting at 6:39 p.m. Director Reinke seconded. Motion urp rno.sly. J. D. arvey � Neil Twomey Presid Secretary/Treasurer 030702j1w