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Minutes EDC 4A 04/28/2003MINUTES OF WORKSHOP/REGULAR SESSION ECONOMIC DEVELOPMENT CORPORATION 4A TOWN OF TROPHY CLUB APRIL 28, 2003 STATE OF TEXAS COUNTY OF DENTON The Economic Development Corporation 4A of the Town of Trophy Club, Texas, met in a Regular Session on April 28, 2003. 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 Gary Cantrell Director Dwight Morrow Director DIRECTORS ABSENT: Pete Reincke Vice -President STAFF AND GUEST (S) PRESENT: Roger Unger Staff Liaison Jan Woodruff Staff Donna Welsh Town Manager WORKSHOP SESSION CALL TO ORDER AND ANNOUNCE A QUORUM: Chairman Harvey called the meeting to order at 6:07 pm, announced a quorum, and proceeded to the regular 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. DISCUSSION AND APPROPRIATE ACTION ON EDC FUNDING FOR THE SWIMMING POOL. Roger Unger gave an update on the pool. Director Cantrell made a motion to approve the application for funding of additional pool expenses up to $150,000. Director Twomey seconded and it passed unanimously. REVIEW AND APPROVE MINUTES: Director Morrow made a motion to adopt the minutes for March 24, 2003 as submitted. Director Cantrell seconded the motion. The motion passed unanimously. Chairman Harvey abstained since he was not present at the March 24th meeting. REVIEW AND APPROVE FINANCIAL STATEMENTS: Director Twomey made a motion to adopt the financial statements as submitted for March 2003. Director Morrow seconded the motion. The motion passed unanimously. PAGE 2 EDCA 4A MEETING APRIL 28, 2003 OTHER BUSINESS: None ADJOURN: "'ll 17 Director ntr ma a motion to adjourn the meeting. Director Twomey seconded the motion and i It t pass?ou ly. The meeting was adjourned the meeting at 6:37 p.m. J. D� Ha6y Neil Twomey Chair,,, Secretary/Treasurer