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Minutes EDC 4A 10/27/2003MINUTES OF WORKSHOP/REGULAR SESSION ECONOMIC DEVELOPMENT CORPORATION 4A TOWN OF TROPHY CLUB OCTOBER 27, 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 October 27, 2003. The meeting was held within the boundaries of the Town and was open to the public. DIRECTORS PRESENT: J. D. Harvey Neil Twomey Gary Cantrell Dwight Morrow DIRECTORS ABSENT: President Secretary/Treasurer Director Director STAFF AND GUEST (S) PRESENT: Roger Unger Staff Liaison Jan Woodruff Staff Randy Briggs Staff WORKSHOP SESSION CALL TO ORDER AND ANNOUNCE A QUORUM: President 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: DISCUSSION AND APPROPRIATE ACTION FOR THE APPROVAL OF FUNDING PLAYGROUND EQUIPMENT AT INDEPENDENCE PARK. Randy Briggs made a presentation of the proposed playground equipment from Southwest Parks and Playgrounds. It targets the 5-11 age group. Director Morrow made a motion to accept the formal plan for playground equipment and to fund the $47,300 needed. REVIEW AND APPROVE MINUTES: Director Cantrell made a motion to adopt the minutes for September 22, 2003 as submitted. Director Twomey seconded the motion. The motion passed unanimously. Director Morrow abstained. The motion passed unanimously. REVIEW AND APPROVE FINANCIAL STATEMENTS: Director Morrow made a motion to accept the financial statements as submitted for September 2003. Director Cantrell seconded the motion. The motion passed unanimously. OTHER BUSINESS: It was requested that Pete Reincke's letter of resignation be placed with the minutes of this meeting. It was asked that the Town Council formally thank Pete Reincke for his years of service to the Town of Trophy Club. We will need to redo the bank account and name a new Vice -President at the next meeting. It was requested that Jan Woodruff send out three dates to set the next meeting in early December. Page 2 EDC -A October 27, 2003 Meeting ADJOURN: Director Cantrell made a motion to adjourn the meeting. Director Twomey seconded the motion and it passed ur} nimously. he meeting was adjourned the meeting at 6:31 p.m. J. D. Harey _ __ y �-- Neil Twome Chairma Secretary/Treasurer