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Minutes EDC 4A 04/25/2005MINUTES OF WORKSHOPIREGULAR SESSION ECONOMIC DEVELOPMENT CORPORATION 4A TOWN OF TROPHY CLUB APRIL 25,2005 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 25, 2005. 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 President SecretarylTreasurer Director DIRECTORS ABSENT: Bob Fair Director Dwight Morrow Vice President STAFF AND GLIEST (S) PRESENT: Roger Unger Staff Liaison Jan Woodruff Staff Sakura Dedrick Staff Adam Adams Staff Jimi Haire Baseball Association Board Darren Clowser Baseball Association Board i 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. REGULAR SESSION CALL TO ORDER AND ANNOUNCE A QUORUM: DISCUSSION AND APPROPRIATE ACTION FOR APPROVAL OF DUGOUT COVERS FOR THE BASEBALL FIELDS: Adam Adams will have three written proposals by the time he takes this to Council. Director Twomey made a motion to increase the amount up to $8,000 as outlined by Adam Adams for the awnings. Director Cantrell seconded the motion and it passed unanimously. DISCUSSION AND APPROPRIATE ACTION TO APPOINT A REPRESENTATIVE TO THE ECONOMIC DEVELOPMENT TASK FORCE: Director Cantrell made a motion to appoint Dwight Morrow to be the EDCA representative to the Economic Development task force with J.D. Harvey as backup. Director Twomey seconded the motion and it passed unanimously. DISCUSSION AND APPROPRIATE ACTION TO DISCUSS BUDGET FOR FY05-06: Sakura Dedrick and Roger Unger talked about the preliminary budget. Sales tax revenue, new - homes proposed to be under construction, prospect of a new hotel, and the Landplan submitting hospital plans were discussed. Adam Adams said possible plans could include another pool, facelift for Harmony Park, a large new park if development continues, and a Master Park planner. A possibility of a joint venture with YMCA may bring us a community center and change of how the pools are run could be in the future. It was decided to meet in June or sooner if needed to approve the budget. There could be plans to improve Marshall Creek facilities. EDCA Meeting Minutes April 25, 2005 REVIEW AND APPROVE MINUTES: Director Cantrell made a motion to approve the October 25, 2004, January 24, 2005, and March 7, 2005 meeting minutes. Director Twomey seconded the motion and it passed unanimously. REVIEW AND APPROVE FINANCIAL STATEMENTS: Director Twomey made a motion to approve the January, February, and March 2005 financials. Director Cantrell seconded the motion and it passed unanimously. OTHER: Director Cantrell wants to continue to be a director until he is replaced. tion to adjourn the meeting. Director Twomey seconded the motion and meeting was adjourned at 6:44 p.m. SecretaryITreasurer