Agenda Packet EDC 4B 11/10/2008Town of Trophy Club
Economic Development Corporation 4B Meeting Agenda
100 Municipal Drive
Trophy Club, Texas 76262
Monday, November 10, 2008
6:30 PM
A.1 Call to order and announce a quorum.
A.2 Board to hear ICSC Update from President Hicks, Council member Strother and
Assistant Town Manager Seidel.
A.3 Discuss and take appropriate action regarding the October 27, 2008 Joint
Session with Town Council.
A.4 Staff Updates:
- Design Charrette
- Update on Dallas Business Journal Ad for Highway 114 Corridor Insert
- Pool Bond Payment and discussion thereof
A.5 Approval of the September 15, 2008 Regular Session Minutes.
A.6 Approval of Financials:
A. August 2008
B. September 2008
A.7 Items for Future Agendas:
- EDC Training - early next year
- Skill Set for Future Applicants to the Board
A.8 Next Meeting scheduled for December 8, 2008 at 6:30 p.m.
A.9 Adjourn.
ECONOMIC DEVELOPMENT CORPORATION 4B
MEMORANDUM
From: Shannon DePrater Date: 11-10-2008
Subject: Agenda Item No.A.1
Call to order and announce a quorum.
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ECONOMIC DEVELOPMENT CORPORATION 4B
MEMORANDUM
From: Shannon DePrater Date: 11-10-2008
Subject: Agenda Item No.A.2
Board to hear ICSC Update from President Hicks, Council member Strother
and Assistant Town Manager Seidel.
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ECONOMIC DEVELOPMENT CORPORATION 4B
MEMORANDUM
From: Shannon DePrater Date: 11-10-2008
Subject: Agenda Item No.A.3
Discuss and take appropriate action regarding the October 27, 2008 Joint
Session with Town Council.
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ECONOMIC DEVELOPMENT CORPORATION 4B
MEMORANDUM
From: Shannon DePrater Date: 11-10-2008
Subject: Agenda Item No.A.4
Staff Updates:
- Design Charrette
- Update on Dallas Business Journal Ad for Highway 114 Corridor Insert
- Pool Bond Payment and discussion thereof
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ECONOMIC DEVELOPMENT CORPORATION 4B
MEMORANDUM
From: Shannon DePrater Date: 11-10-2008
Subject: Agenda Item No .A.5
Approval of the September 15, 2008 Regular Session Minutes.
Attachments: 1. September 15, 2008 Regular Session Minutes
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MINUTES OF REGULAR SESSION FOR THE
ECONOMIC DEVELOPMENT CORPORATION 4B BOARD
LOCATION: 100 MUNICIPAL DRIVE, TROPHY CLUB, TEXAS
Monday, September 15, 2008
3:00 PM
STATE OF TEXAS
COUNTY OF DENTON
The Economic Development Corporation 4B of the Town of Trophy Club, Texas, met in Regular
Session on September 15, 2008. The meeting was held within the boundaries of the Town and
was open to the public.
EDC 4B DIRECTORS PRESENT:
James Hicks President
Dave Glaser Vice President
Damian Olthoff Secretary
Dan Bishop Director
Rebecca Shuman Director arrived at 3:55 p.m.
Glenn Strother EDC 4B Council Liaison
EDC 4B DIRECTORS PRESENT:
Larry E. Crosser Treasurer
STAFF AND GUEST(S) PRESENT:
Stephen Seidel Assistant Town Manager
Shannon DePrater Deputy Town Secretary/RMO
Ron Holifield Strategic Government Resources Inc.
A.1 Call to order and announce a quorum.
President Hicks, noting a quorum of EDC 4B, called the regular session to order at 3:31 p.m.
A.2 Discuss and take appropriate action necessary for preparation of the 2008 ICSC
Regional Meeting.
Stephen Seidel updated the Board on the GSBS Design Charrette public meeting to be held on
Tuesday, September 16, 2008. Seidel also shared that the Board may want to readdress its
focus on the Design Charrette based on GSBS’ meeting with Beck Properties.
A.3 Staff Updates:
None given.
A.4 Approval of August 11, 2008 Regular Session Minutes.
Director Bishop moved to approve the August 11, 2008 Regular Session Minutes as written.
Director Olthoff seconded; motion carried unanimously.
A.5 Approval of July 2008 Financials.
Director Bishop moved to approve the July 2008 Financials as presented. Director Glaser
seconded; motion carried unanimously.
A.6 Items for Future Agendas:
- Joint Meeting with EDC 4A regarding Pool Bond Payment - November Meeting
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- EDC Training – early next year
- Skill Set for Future Applicants to the Board
No new items were added.
A.7 Next meeting scheduled for October 13, 2008 at 6:30 p.m.
The Board convened into Workshop Session at 3:50 p.m.
EDC 4B TO CONVENE INTO WORKSHOP SESSION
A.8 Strategic Planning Discussion
The Board met with Mr. Ron Holifield from Strategic Government Resources Inc. to being
working on Board’s Strategic Planning.
EDC 4B TO RECONVENE INTO REGULAR SESSION
A.9 Adjourn.
Director Shuman moved to adjourn at 7:27 p.m. Director Glaser seconded; motion carried
unanimously.
______________________________ _______________________________
Dave Glaser, Vice -President Damian Olthoff, Secretary
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ECONOMIC DEVELOPMENT CORPORATION 4B
MEMORANDUM
From: Shannon DePrater Date: 11-10-2008
Subject: Agenda Item No.A.6
Approval of Financials:
A. August 2008
B. September 2008
Attachments: 1. Financial Spreadsheet
2. August 2008 Bank Statements
3. September 2008 Bank Statements
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ECONOMIC DEVELOPMENT CORPORATION 4B FUND
113-000-000
113-030-000
ACCOUNT 2007-08 2007-08 AS OF 2007-08 2008-09
NUMBER DESCRIPTION BUDGET AMENDED 09/30/08 ESTIMATE PROPOSED
REVENUES
40030 Sales Tax - General (115,000) (115,000) (107,999) (107,999) (125,572)
49010 Interest Income (6,000) (6,000) (5,319) (5,319) (5,000)
49035 Reserves - - - - -
49900 Miscellaneous Income - - - - -
TOTAL REVENUES (121,000)$ (121,000)$ (113,318)$ (113,318)$ (130,572)$
EXPENSES
60066 Publications/Books/Subscriptions 100 100 119 119 100
60070 Dues & Memberships 2,500 2,500 2,650 2,650 -
60080 Schools & Training 1,400 - - - 1,400
60100 Travel & Per Diem 3,000 1,500 654 654 3,000
60125 Advertising 11,310 2,300 2,232 2,232 8,373
60245 Miscellaneous Expenses 5,000 100 231 231 5,000
60315 EDC Projects 20,000 69,879 32,518 62,921 54,571
60335 Intergov Trans Out (GF I&S)- - - - 26,362
60340 Large Project Reserves 45,924 33,299 33,299 33,299 -
60355 Intergov Trans Out (GF)25,566 11,122 11,122 11,122 25,566
65085 Office Supplies 200 200 91 91 200
65105 Printing 6,000 - - - 6,000
TOTAL EXPENSES 121,000$ 121,000$ 82,915$ 113,319$ 130,572$
TOTAL REVENUES OVER EXPENSES -$ -$ 30,403$ (0)$ -$
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ECONOMIC DEVELOPMENT CORPORATION 4B
MEMORANDUM
From: Shannon DePrater Date: 11-10-2008
Subject: Agenda Item No.A.7
Items for Future Agendas:
- EDC Training - early next year
- Skill Set for Future Applicants to the Board
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ECONOMIC DEVELOPMENT CORPORATION 4B
MEMORANDUM
From: Shannon DePrater Date: 11-10-2008
Subject: Agenda Item No.A.8
Next Meeting scheduled for December 8, 2008 at 6:30 p.m.
Attachments: 1. December 2008 Meeting Calendar
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Trophy Club Calendar of Events
December 2008
Sunday Monday Tuesday Wednesday Thursday Friday Saturday
1
•Commissioner's
Replay
•Town Council
2
•Council Replay
•Parks & Rec
3
•Warning Siren
Testing
4
•Council Replay
•P & Z
5
•Council Replay 6
•Tree
Lighting/Reception
•Council Replay
7
•Christmas Tour of
Homes
8
•Commissioner's
Replay
•EDC B
9
•Tree Board 10 11 12 13
14 15
•Commissioner's
Replay
•Town Council
16
•Council Replay 17 18
•Council Replay
•P & Z
19
•Council Replay 20
•Council Replay
21 22
•Commissioner's
Replay
•EDC A
23
•ZBA
•Citizens Police
Academy
24
•Town/MUD
Offices Closed
25
•Town/MUD
Offices Closed
26 27
28 29
•Commissioner's
Replay
30 31
Licensed To: Trophy Club Municipal Entities
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ECONOMIC DEVELOPMENT CORPORATION 4B
MEMORANDUM
From: Shannon DePrater Date: 11-10-2008
Subject: Agenda Item No. A.9
Adjourn.
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