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Minutes EDC 4A 01/30/2006MINUTES OF WORKSHOPIREGULAR SESSION ECONOMIC DEVELOPMENT CORPORATION 4A TOWN OF TROPHY CLUB JANUARY 30,2006 STATE OF TEXAS COUNTY OF DENTON The Economic Development Corporation 4A of the Town of Trophy Club, Texas, met in a Regular Session on January 30, 2006. The meeting was held within the boundaries of the Town and was open to the public. DIRECTORS PRESENT: J. D. Harvey President Dwight Morrow Vice President Neil Twomey Secretarynreasurer Gary Cantrell Director Matthew Graham Director DIRECTORS ABSENT: STAFF AND GUEST (S) PRESENT: Roger Unger Staff Liaison Jim Buxton Staff Sakura Moten-Dedrick Staff WORKSHOP SESSION CALL TO ORDER AND ANNOUNCE A QUORUM: President Harvey called the meeting to order at 6:35 pm, announced a quorum, and proceeded to the regular session. REGULAR SESSION CALL TO ORDER AND ANNOUNCE A QUORUM: DISCUSSION AND APPROPRIATE ACTION REGARDING APPROVAL OF INVESTMENT POLICY REQUIRED BY TEXPOOL TO SET UP NEW ACCOUNT: Director Cantrell made a motion to accept the Investment Policy as presented. Director Twomey seconded. Motion passed with Directors Harvey, Twomey, Cantrell, and Graham voting for and Director Morrow voting against. REVIEW AND APPROVE MINU'TES: Director Cantrell made a motion to approve the meeting minutes for November 28,2005. Director Graham seconded. The motion passed unanimously. REVIEW AND APPROVE FINANCIAL STATEMENTS: Director Graham made a motion to approve the IVovember and December 2005 financials. Director Twomey seconded. The motion passed unanimously. OTHER: Director Twom ion to adjourn the as adjourned at 6:41