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Agenda Packet EDC 4B 01/12/2009Town of Trophy Club Economic Development Corporation 4B Meeting Agenda 100 Municipal Drive Trophy Club, Texas 76262 Monday, January 12, 2009 6:30 PM A.1 Call to order and announce a quorum. A.2 Discuss and take appropriate action regarding a branding/marketing initiative. A.3 Receive Council Member Strother's update on November 16, 2008 Council Retreat. A.4 Discuss and take appropriate action regarding skill set for prospective new members. A.5 Discuss and take appropriate action regarding future meeting dates and times. A.6 Pursuant to Texas Government Code, Annotated, Subchapter 551, Section 551.087 Deliberation Regarding Economic Development Negotiations, the Board will enter into executive session to discuss the following: The offer of financial or other incentives to a business prospect that the Town seeks to have locate within the territory of the Town. .7 Staff Updates:A ects work on Design CharretteA. GSBS Archit B. Buxton Retail Site Assessment .8 Approval of Minutes:A oint Session with Town CouncilA. October 27, 2008 J B. November 10, 2008 Regular Session .9 Approval of Financials:A A. October 2008 .10 Items for Future Agendas:A .11 Next Meeting scheduled for February 9, 2009 at 6:30 p.m. A .12 Adjourn regular session. A ECONOMIC DEVELOPMENT CORPORATION 4B MEMORANDUM From: Shannon DePrater Date: 1-12-2009 Subject: Agenda Item No.A.1 Call to order and announce a quorum. 2 ECONOMIC DEVELOPMENT CORPORATION 4B MEMORANDUM From: Shannon DePrater Date: 1-12-2009 Subject: Agenda Item No.A.2 Discuss and take appropriate action regarding a branding/marketing initiative. EXPLANATION: At the November meeting, the Board discussed exploring a Town branding/marketing initiative. Jean Ashenfelter, founder of JA Design Solutions will make a presentation to the Board on branding, communication, and initial recommendations. Ms. Ashenfelter is also a Trophy Club resident, and has worked with numerous corporate clients and most recently assisted the City of Dallas with their “green” campaign. (ss) 3 ECONOMIC DEVELOPMENT CORPORATION 4B MEMORANDUM From: Shannon DePrater Date: 1-12-2009 Subject: Agenda Item No.A.3 Receive Council Member Strother's update on November 16, 2008 Council Retreat. 4 ECONOMIC DEVELOPMENT CORPORATION 4B MEMORANDUM From: Shannon DePrater Date: 1-12-2009 Subject: Agenda Item No.A.4 Discuss and take appropriate action regarding skill set for prospective new members. 5 ECONOMIC DEVELOPMENT CORPORATION 4B MEMORANDUM From: Shannon DePrater Date: 1-12-2009 Subject: Agenda Item No.A.5 Discuss and take appropriate action regarding future meeting dates and times. EXPLANATION: At the November meeting, the Board discussed changing their meeting dates/times. A Director recommended meeting quarterly or in a specially called meeting, as needed. Staff is following up with the Board regarding this item. Proposed meeting dates: April 2009 July 2009 – Budget PH August 2009 – Budget PH October 2009 January 2010 (ss) 6 ECONOMIC DEVELOPMENT CORPORATION 4B MEMORANDUM From: Shannon DePrater Date: 1-12-2009 Subject: Agenda Item No.A.6 Pursuant to Texas Government Code, Annotated, Subchapter 551, Section 551.087 Deliberation Regarding Economic Development Negotiations, the Board will enter into executive session to discuss the following: The offer of financial or other incentives to a business prospect that the Town seeks to have locate within the territory of the Town. 7 ECONOMIC DEVELOPMENT CORPORATION 4B MEMORANDUM From: Shannon DePrater Date: 1-12-2009 Subject: Agenda Item No.A.7 Staff Updates: A. GSBS Architects work on Design Charrette B. Buxton Retail Site Assessment Attachments: 1. Memo from Marty Wieder, GSBS Architects 8 9 ECONOMIC DEVELOPMENT CORPORATION 4B MEMORANDUM From: Shannon DePrater Date: 1-12-2009 Subject: Agenda Item No .A.8 Approval of Minutes: A. October 27, 2008 Joint Session with Town Council B. November 10, 2008 Regular Session Attachments: 1. October 27, 2008 Joint Session with Town Council Minutes 2. November 10, 2008 Regular Session Minutes 10 MINUTES OF JOINT/SPECIAL SESSION BETWEEN TOWN COUNCIL AND ECONOMIC DEVELOPMENT CORPORATION- 4B FOR THE TOWN OF TROPHY CLUB LOCATION: 100 MUNICIPAL DRIVE, TROPHY CLUB, TEXAS Monday, October 27, 2008 6:00 P.M. STATE OF TEXAS § COUNTY OF DENTON § The Town Council of the Town of Trophy Club, Texas, met in a Joint/Special Session on Monday, October 27, 2008. The meeting was held within the boundaries of the Town and was open to the public. TOWN COUNCIL MEMBERS PRESENT: Nick Sanders Mayor Philip Sterling Mayor Pro Tem Susan Edstrom Council Member Jim Moss Council Member Kathleen Wilson Council Member Glenn Strother Council Member ECONOMIC DEVELOPMENT CORPORATION-4B: James Hicks President Dave Glaser Vice-President Larry Crosser Treasurer Damian Olthoff Secretary Dan Bishop Director Zachary Jeffery Director Rebecca Shuman Director STAFF AND GUEST(S) PRESENT: Brandon Emmons Town Manager Stephen Seidel Assistant Town Manager Lisa Hennek Town Secretary Patricia Adams Town Attorney A.1 Call to order and announce a quorum. a. Mayor Sanders called the Town Council to order at 6:00 p.m. noting a quorum was present. b. President Hicks called EDC 4B to order at 6:00 p.m. noting a quorum was present. A.2 Mayor Sanders offered the Invocation. A.3 President Hicks led the Pledges B.1 Presentation by Ron Holifield regarding the fundamentals and process for implementation of a strategic plan; discussion and action of the same. 11 Mayor Sanders introduced Ron Holifield. Mr. Holifield stated that staff did not prepare any of the presented material, and that some of the material presented may make some uncomfortable. However, his presentation’s intent was going to be impartial. Mr. Holifield asked that the group consider the information and recommendations. Mr. Holifield conducted individual interviews with the Town Council, EDC 4B Directors and local developers and listed responses received from each group for the following topics: • Describe the State of Economic Development in Trophy Club Right Now • What Will Make This a Successful Workshop • What is Your Own Personal Vision for the Future of Trophy Club Economic Development • How is the Internal Working Relationship Among the Board • How is the EDC 4B Board Operating • How is the Working Relationship with the Town Council • Working Relationship between Board and Town Council • How is the Working Relationship with Town Staff • Miscellaneous • Rules and Requirements • Roles and Responsibilities • Routine • Relationships • Developer Insights Mr. Holifield concluded that Trophy Club has a broken government system and that it is pointless to develop a vision and strategic plan until the underlying system and process are fixed. Mr. Holifield stated that the Council-Manager form of government is not being allowed to properly operate and that the Council needs to reach a clear consensus on a mission. Mr. Holifield recommended six steps to focus on: Step One: Jointly reevaluate if you want a Council-Manager form of government, or a New England Town Hall meeting form of government, or a Commission form of government. Step Two: Jointly evaluate and establish healthy processes within the context of your operating structure in which you are ready to be thrown out of office for supporting. Step Three: Jointly engage in part one of a comprehensive strategic visioning process that includes clear articulation of a mission. Step Four: As an EDC Board, complete the strategic visioning process, and bring it back for Council approval and endorsement. Step Five: Modify your Comprehensive Plan, Incentive Policy, and other documents and processes to be consistent with your Strategic Vision. Step Six: Communicate the vision. Own the vision. Sacrifice to make the vision a reality. 12 Each member of the group was given an opportunity to express what they gained from this joint session. Town Manager Emmons thanked Mr. Holifield and stated that he is recommending a Council retreat, possibly on a Sunday, as the next step in this process. Mayor Sanders cautioned the group on the rules governed by the Open Meetings Act when discussing the details of this meeting outside a posted meeting. C.1 Adjourn. Motion made by Council member Edstrom, seconded by Council member Strother to adjourn. Motion made by EDC 4B Director Crosser, seconded by EDC 4B Director Olthoff to adjourn. Meeting adjourned at 8:16 p.m. ______________________________ _______________________________ James Hicks, President Damian Olthoff, Secretary 13 MINUTES OF REGULAR SESSION FOR THE ECONOMIC DEVELOPMENT CORPORATION 4B BOARD LOCATION: 100 MUNICIPAL DRIVE, TROPHY CLUB, TEXAS Monday, November 10, 2008 6:30 PM STATE OF TEXAS COUNTY OF DENTON The Economic Development Corporation 4B of the Town of Trophy Club, Texas, met in Regular Session on November 10, 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 Larry E. Crosser Treasurer Dan Bishop Director Zachary Jeffery Director Rebecca Shuman Director Glenn Strother EDC 4B Council Liaison EDC 4B DIRECTORS ABSENT: Damian Olthoff Secretary STAFF AND GUEST(S) PRESENT: Stephen Seidel Assistant Town Manager Shannon DePrater Deputy Town Secretary/RMO A.1 Call to order and announce a quorum. President Hicks, noting a quorum of EDC 4B, called the regular session to order at 6:35 p.m. A.2 Board to hear ICSC Update from President Hicks, Council member Strother and Assistant Town Manager Seidel. President Hicks, Council member Strother and Assistant Town Manager Seidel updated the Board on the ISCS Conference. Council member Strother would like to have the finished design charrette and a continued collaboration with the Becks before next year’s conference. A.3 Discuss and take appropriate action regarding the October 27, 2008 Joint Session with Town Council. Council member Strother mentioned that the Town Council has scheduled a retreat for November 16, 2008 as a response from the strategic planning session. Council member Strother stated he would be happy to provide an update at the next EDC 4B meeting. Director Shuman recommends that EDC 4B shorten future agendas and give the Town Council time to create a vision. 14 Director Bishop recommended becoming a disbursement board and only meet when a request comes to the Board. Stephen Seidel shared he believes the Board can still accomplish its goals while the Council works on the vision. Seidel gave an option that the Board meet quarterly with an option to hold special meetings when needed. Seidel would prefer not “going dark;” the Board may lose its synergy and energy. Seidel thinks the Board needs to work on branding, including conceptual ideas and how EDC 4B can market itself. President Hicks recommends the Board meet quarterly and can still accomplish its goal. Director Glaser mentioned he is in agreement with the importance of branding and the board can continue working on branding while Council is working on the vision. Consensus of the board is to direct Assistant Town Manager Stephen Seidel to begin researching branding proposals. Council member Strother will share the Board’s concerns with Council at the retreat. A.4 Staff Updates: - Design Charrette - Update on Dallas Business Journal Ad for Highway 114 Corridor Insert - Pool Bond Payment and discussion thereof Assistant Town Manager Stephen Seidel updated the Board: Seidel and Planning & Zoning Coordinator, Carolyn Huggins, are actively looking at mixed-use centers to see what would work for Trophy Club and give feedback to GSBS. Staff passed out the new Dallas Business Journal Ad for the Board to view, which was well received by the Board. Seidel updated the Board on the Pool Bond Payment: Seidel spoke with Adam Adams and they both feel that the best way to move forward is to have two or three board members attend the next EDC 4A meeting to speak on the current EDC 4B projects: design charrette, strategic planning and the possibility of branding. Seidel mentioned the board should promote the design charrette overlay district and how that will benefit EDC 4A in sales tax. The Board discussed topic points to take with them to the next EDC 4A meeting. Directors Hicks, Glaser and Crosser will go before the EDC 4A Board. Staff will notify the Board when EDC 4A will meet. A.5 Approval of the September 15, 2008 Regular Session Minutes. Director Shuman moved to approve the September 15, 2008 Regular Session Minutes as amended. Director Glaser seconded; motion carried unanimously. A.6 Approval of Financials: A. August 2008 B. September 2008 15 Director Crosser informed the Directors of the Board’s financial status. Director Shuman moved to approve both the August 2008 and September 2008 Financials as presented. Director Glaser seconded; motion carried unanimously. A.7 Items for Future Agendas: - EDC Training - early next year - Skill Set for Future Applicants to the Board Council member Strother added Council Retreat Update for the December meeting. Board directed Staff to add the skill set of future applicants to the December 8, 2008 meeting agenda. A.8 Next Meeting scheduled for December 8, 2008 at 6:30 p.m. A.9 Adjourn. Director Shuman moved to adjourn at 8:55 p.m. Director Glaser seconded; motion carried unanimously. ______________________________ _______________________________ James Hicks, President Damian Olthoff, Secretary 16 ECONOMIC DEVELOPMENT CORPORATION 4B MEMORANDUM From: Shannon DePrater Date: 1-12-2009 Subject: Agenda Item No.A.9 Approval of Financials: A. October 2008 Attachments: 1. October 2008 Spreadsheet 2. October 2008 Bank Statements 17 ECONOMIC DEVELOPMENT CORPORATION 4B FUND 113-000 113-030 ACCOUNT 2007-08 2007-08 AS OF 2007-08 2008-09 AS OF NUMBER DESCRIPTION BUDGET AMENDED 09/30/08 ESTIMATE ADOPTED 10/31/2008 REVENUES 40030 Sales Tax - General (115,000) (115,000) (107,999) (107,999) (125,572) (125,572) 49010 Interest Income (6,000) (6,000) (5,319) (5,319) (5,000) (338) TOTAL REVENUES (121,000)$ (121,000)$ (113,318)$ (113,318)$ (130,572)$ (125,910)$ EXPENSES 60066 Publications/Books/Subscriptions 100 100 119 119 100 60070 Dues & Memberships 2,500 2,500 2,650 2,650 - 100 60080 Schools & Training 1,400 - - - 1,400 585 60100 Travel & Per Diem 3,000 1,500 654 654 3,000 659 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 54,571 203 60335 Intergov Trans Out (GF I&S)- - - - 26,362 3,288 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$ 4,835$ TOTAL REVENUES OVER EXPENSES -$ -$ 30,403$ - -$ 18 19 20 ECONOMIC DEVELOPMENT CORPORATION 4B MEMORANDUM From: Shannon DePrater Date: 1-12-2009 Subject: Agenda Item No.A.10 Items for Future Agendas: 21 ECONOMIC DEVELOPMENT CORPORATION 4B MEMORANDUM From: Shannon DePrater Date: 1-12-2009 Subject: Agenda Item No.A.11 Next Meeting scheduled for February 9, 2009 at 6:30 p.m. Attachments: 1. February 9, 2009 Meeting Calendar 22 23 ECONOMIC DEVELOPMENT CORPORATION 4B MEMORANDUM From: Shannon DePrater Date: 1-12-2009 Subject: Agenda Item No. A.12 Adjourn regular session. 24