Minutes EDC 4A 01/28/2002MINUTES OF WORKSHOP/REGULAR SESSION
ECONOMIC DEVELOPMENT CORPORATION 4A
TOWN OF TROPHY CLUB
January 28, 2002
STATE OF TEXAS
COUNTY OF DENTON
The Economic Development Corporation 4A of the Town of Trophy Club, Texas, met in a
Regular Session January 28, 2002. The meeting was held within the boundaries of the Town and
was open to the public.
DIRECTORS PRESENT:
J. D. Harvey
Vice -President
Neil Twomey
Secretary/Treasurer
Pete Reincke
Director
Barry Huizenga
Council/Liaison
David Neal
Director
DIRECTORS ABSENT:
None
STAFF AND GUEST(S) PRESENT:
Roger Unger Staff Liaison
Jan Woodruff Recording Secretary
WORKSHOP SESSION
CALL TO ORDER AND ANNOUNCE A QUORUM:
Vice -President Harvey proceeded directly 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 at 6:04 p.m.
ELECTION OF PRESIDENT/OFFICERS TO FILL THE VACANCY LEFT BY MATT
BULLARD.
Director Reincke made a motion to elect J. D. Harvey as the President. Director Neal seconded
the motion. Motion passed unanimously with Vice President Harvey abstaining.
Director Huizenga made a motion to elect Pete Reincke as the Vice -President. Director Neal
seconded the motion. Motion passed unanimously with Director Reincke abstaining.
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TROPHY CLUB EDC4A JANUARY 28, 2002
DISCUSSION AND APPROPRIATE ACTION REGARDING REQUIRED
COMPLETION OF ANNUAL REPORT TO THE TEXAS COMPTROLLER OF PUBLIC
ACCOUNTS CAUSED BY THE PASSING OF HOUSE BILL 1410 IN THE 75'1 u
LEGISLATURE.
There was some discussion as to whether the report should be on accrual basis or cash basis. It
was decided to approve the report as is and amend it at a later date if needed. Director Reincke
made a motion to approve the report. Director Neal seconded the motion. Motion passed
unanimously.
REVIEW AND APPROVE MINUTES FROM NOVEMBER MEETING. REVIEW
CORRECTED MINUTES FROM SEPTEMBER AND OCTOBER MEETINGS:
Director Reincke made a motion to approve all three months of meeting minutes as written.
Director Neal seconded the motion. Motion passed unanimously.
REVIEW AND APPROVE FINANCIAL STATEMENTS FOR NOVEMBER AND
DECEMBER:
Director Harvey made a motion to approve the November financial statements. Director Reincke
seconded the motion. Motion passed unanimously. It was decided to postpone the approval of
December financial statements until further information was received about the sales tax entry.
OTHER BUSINESS:
ADJOURN:
Director ar `y a e a motion to adjourn the meeting at 6:32 p. m. Director Twomey seconded.
Motion ed r imously. _.
arvey — Neil Twomey
Vice_
i e -P -
Pres -4 Secretary/"I,reasurer
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