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Agenda Packet EDC 4B 05/10/2010Economic Development Corporation 4B (EDC 4B) Trophy Club Entities Meeting Agenda 100 Municipal Drive Trophy Club, Texas 76262 Svore Municipal Building Boardroom6:30 PMMonday, May 10, 2010 Call To Order and announce a quorum. Citizen Presentation REGULAR SESSION 1.2010-243-T Discuss and take appropriate action regarding a request for funding from the Town of Trophy Club's 25th Anniversary Planning Committee. Funding Request.pdf TC 25th Anniversary Budget.pdf TC 25th Anniversary Additional Info.pdf Attachments: 2.2010-244-T Presentation by Planning and Zoning Manager, Carolyn Huggins, on the development process for a commercial piece of property in Trophy Club; discussion of the same. 3.2010-245-T Discuss and take appropriate action regarding the 2010 ICSC Conference. 4.2010-246-T Receive Council update from Mayor Pro Tem Strother; discussion of same. 5.2010-247-T Receive Commercial Property update including current projects; discussion of same. - Coupon Book Project - 26 Acre Tract - Regency Center 6.2010-248-T Discuss and take appropriate action regarding the approval of the April 5, 2010 Regular Session Minutes. April 5 2010 Minutes.pdfAttachments: 7.2010-249-T Discuss and take appropriate action regarding the approval of the March 2010 Financials. March 2010 Monthly Financial Reports.pdfAttachments: 8.2010-250-T Future Agenda Items. EDC 4B Future Agenda Items.pdfAttachments: 9.2010-251-T Next Meeting Date - June 14, 2010 at 6:30 p.m. EDC 4B 1 of 31 Meeting Date: May 10, 2010 May 10, 2010Economic Development Corporation 4B (EDC 4B) Meeting Agenda Adjourn *THE BOARD MAY CONVENE INTO EXECUTIVE SESSION TO DISCUSS POSTED ITEMS AS ALLOWED BY THE TEXAS OPEN MEETINGS ACT, TEXAS LOCAL GOVERNMENT CODE 551.071. Notice is hereby given that a quorum of the Town Council may be in attendance at this meeting. CERTIFICATION I certify that the above notice was posted on the front window of the Svore Municipal Building, 100 Municipal Drive, Trophy Club, Texas, on Friday, May 7, 2010 by 5:00 P.M. in accordance with Chapter 551, Texas Government Code. ___________________________________________ Shannon DePrater, Deputy Town Secretary / RMO If you plan to attend this public meeting and have a disability that requires special needs, please contact the Town Secretary’s Office at 682-831-4600, 48 hours in advance and reasonable accommodations will be made to assist you. I certify that the attached notice and agenda of items to be considered by this Board was removed by me from the front window of the Svore Municipal Building, 100 Municipal Drive, Trophy Club, Texas, on the __________ day of ______________________, 2010. ________________________________, Title: ___________________________ EDC 4B 2 of 31 Meeting Date: May 10, 2010 100 Municipal Drive Trophy Club, Texas 76262Trophy Club Entities Legislation Details (With Text) File #: Version:12010-243-T Name: Status:Type:Agenda Item Regular Session File created:In control:5/5/2010 Economic Development Corporation 4B (EDC 4B) On agenda:Final action:5/10/2010 Title:Discuss and take appropriate action regarding a request for funding from the Town of Trophy Club's 25th Anniversary Planning Committee. Attachments:Funding Request.pdf TC 25th Anniversary Budget.pdf TC 25th Anniversary Additional Info.pdf Action ByDate Action ResultVer. EDC 4B 3 of 31 Meeting Date: May 10, 2010 12010-243-T Version:File #: Title Discuss and take appropriate action regarding a request for funding from the Town of Trophy Club's 25th Anniversary Planning Committee. EDC 4B 4 of 31 Meeting Date: May 10, 2010 EDC 4B 5 of 31 Meeting Date: May 10, 2010 EDC 4B 6 of 31 Meeting Date: May 10, 2010 TC 25th Anniversary Budget [Type text]  5/5/2010  MONTH __May____ YEAR _2010__        From Dates ________ to ________ By: __________________  INCOME EXPENSES  Wine & Cheese Event  Description Amount Description Amount  Ticket sales 100 @ $10 each $1,000.00 Food & wine $25 per person x100 $2,500.00 Sponsor: Event location fee tbd  Flashback singing group 0  Table & chairs tbd Total Total $2,500.00 Homecoming Dance & Taste of 76262  Ticket sales200 @ $10 each  $2,000.00 DJ $300.00 Sponsor: Drinks, misc. (sodas) $300.00  Paper products $200.00  Decorations/drapping $750.00  Food   tbd  Projector/computer/speakers(donated) 0  Coffee & tea (donated ‐ Starbucks) 0  Misc $100.00 Total Total $1,550.00 Kids Event at Splash Park   Splash Park tbd  Use of snack bar tbd  Activities & balloons $500.00    Total Total $500.00 Root Beer Floats  Sponsor: Cups (16oz)12,500 @ $0.39 ea* $585.00 200 Root Beer Floats @ $2.00 ea $400.00 Napkins & straws $50.00  Ice cream scoops  600 @ $0.33 ea $222.00  Root Beer tbd  Freezer & dry ice tbd  Use of snack bar tbd  Decorations tbd  *Set‐up fee for cups tbd Total Total $857.00 Advertising & Tickets  Sponsor: Alliance Paper $2,300.00  Tickets $100.00  Brochure tbd  Banner tbd    Total Total $2,300.00 Income Total Expense Total  $6,813.00 *Ending Balance    *Any leftover funds would be donated to TC.  EDC 4B 7 of 31 Meeting Date: May 10, 2010 TOWN OF TROPHY CLUB  25TH ANNIVERSARY CELEBRATION    The Town of Trophy Club 25th Anniversary Celebration Committee is made up of twelve  volunteers, all Trophy Club residents, who have been meeting bi‐monthly since February 18.   We have planned a weekend full of activities, for young and old, over the span of the Labor Day  weekend, September 3‐5, 2010.  We will invite past residents to return to the town to enjoy  some memories, as well as current residents to make a few memories of their own.  COMMITTEE MEMBERS  Kathy Carlton – Chair    Pearl Ford  Wanda Brewster    Joyce Frey  Margi Cantrell     Trish Neitzel  Phoebe Dill     Dianne Rabbe  Maryann Dumbleton    Patti Stoltz  Susan Eddins     Connie White    EVENTS PLANNED  Sunday, July 4    Sale of Root Beer Floats at parade to            promote anniversary activities  Friday, September 3    Wine & Cheese Reception  Saturday, September 4  Pancake Breakfast at Lake Cities Church of Christ       Bus tour of new developments in the town       Reunion Dance & Tasting of 76262 at BN High School  Sunday, September 5    Children’s activities at the Town Pool       Evening family picnic & music on grounds at Country Club      EDC 4B 8 of 31 Meeting Date: May 10, 2010 100 Municipal Drive Trophy Club, Texas 76262Trophy Club Entities Legislation Details (With Text) File #: Version:12010-244-T Name: Status:Type:Agenda Item Regular Session File created:In control:5/5/2010 Economic Development Corporation 4B (EDC 4B) On agenda:Final action:5/10/2010 Title:Presentation by Planning and Zoning Manager, Carolyn Huggins, on the development process for a commercial piece of property in Trophy Club; discussion of the same. Attachments: Action ByDate Action ResultVer. EDC 4B 9 of 31 Meeting Date: May 10, 2010 12010-244-T Version:File #: Title Presentation by Planning and Zoning Manager, Carolyn Huggins, on the development process for a commercial piece of property in Trophy Club; discussion of the same. EDC 4B 10 of 31 Meeting Date: May 10, 2010 100 Municipal Drive Trophy Club, Texas 76262Trophy Club Entities Legislation Details (With Text) File #: Version:12010-245-T Name: Status:Type:Agenda Item Regular Session File created:In control:5/5/2010 Economic Development Corporation 4B (EDC 4B) On agenda:Final action:5/10/2010 Title:Discuss and take appropriate action regarding the 2010 ICSC Conference. Attachments: Action ByDate Action ResultVer. EDC 4B 11 of 31 Meeting Date: May 10, 2010 12010-245-T Version:File #: Title Discuss and take appropriate action regarding the 2010 ICSC Conference. EDC 4B 12 of 31 Meeting Date: May 10, 2010 100 Municipal Drive Trophy Club, Texas 76262Trophy Club Entities Legislation Details (With Text) File #: Version:12010-246-T Name: Status:Type:Agenda Item Regular Session File created:In control:5/5/2010 Economic Development Corporation 4B (EDC 4B) On agenda:Final action:5/10/2010 Title:Receive Council update from Mayor Pro Tem Strother; discussion of same. Attachments: Action ByDate Action ResultVer. EDC 4B 13 of 31 Meeting Date: May 10, 2010 12010-246-T Version:File #: Title Receive Council update from Mayor Pro Tem Strother; discussion of same. EDC 4B 14 of 31 Meeting Date: May 10, 2010 100 Municipal Drive Trophy Club, Texas 76262Trophy Club Entities Legislation Details (With Text) File #: Version:12010-247-T Name: Status:Type:Agenda Item Regular Session File created:In control:5/5/2010 Economic Development Corporation 4B (EDC 4B) On agenda:Final action:5/10/2010 Title:Receive Commercial Property update including current projects; discussion of same. - Coupon Book Project - 26 Acre Tract - Regency Center Attachments: Action ByDate Action ResultVer. EDC 4B 15 of 31 Meeting Date: May 10, 2010 12010-247-T Version:File #: Title Receive Commercial Property update including current projects; discussion of same. - Coupon Book Project - 26 Acre Tract - Regency Center EDC 4B 16 of 31 Meeting Date: May 10, 2010 100 Municipal Drive Trophy Club, Texas 76262Trophy Club Entities Legislation Details (With Text) File #: Version:12010-248-T Name: Status:Type:Agenda Item Regular Session File created:In control:5/5/2010 Economic Development Corporation 4B (EDC 4B) On agenda:Final action:5/10/2010 Title:Discuss and take appropriate action regarding the approval of the April 5, 2010 Regular Session Minutes. Attachments:April 5 2010 Minutes.pdf Action ByDate Action ResultVer. EDC 4B 17 of 31 Meeting Date: May 10, 2010 12010-248-T Version:File #: Title Discuss and take appropriate action regarding the approval of the April 5, 2010 Regular Session Minutes. EDC 4B 18 of 31 Meeting Date: May 10, 2010 100 Municipal Drive Trophy Club, Texas 76262Trophy Club Entities Meeting Minutes Economic Development Corporation 4B (EDC 4B) 6:30 PM Svore Municipal Building BoardroomMonday, April 5, 2010 STATE OF TEXAS COUNTY OF DENTON The Economic Development Corporation 4B of the Town of Trophy Club, Texas, met in Regular Session on April 5, 2010. The meeting was held within the boundaries of the Town and was open to the public. BOARD MEMBERS: President James Hicks, Director Dan Bishop, Director Zachary Jeffery, Vice President Dave Glaser, Secretary/Treasurer Dean Murray, Director Nick Sanders, and Director Rebecca Shuman Present:7 - STAFF AND GUEST(S) PRESENT: Stephen Seidel, Assistant Town Manager Shannon DePrater, Deputy Town Secretary / RMO Bill Rose, Council Member Steven Kohs, TCMUD No. 1 Director Karen Passiak, Resident Margi Cantrell, Resident JD Stotts, Resident Byrce Ziba, Student Call To Order and announce a quorum. President Hicks, noting a quorum of EDC 4B, called the regular session to order at 6:40 p.m. REGULAR SESSION 2010-185-T1.Discuss and take appropriate regarding April 12, 2010 Annual Update to Town Council. EDC - April 2010.pdfAttachments: Assistant Town Manager Stephen Seidel shared and explained the Annual Update Presentation for the April 12, 2010 Town Council Meeting. Director Shuman arrived at 7:12 p.m. EDC 4B 19 of 31 Meeting Date: May 10, 2010 April 5, 2010Economic Development Corporation 4B (EDC 4B) Meeting Minutes Seidel and the Board made changes to the presentation. The Board addressed questions from the audience. This matter was Discussion only - No action taken 2010-186-T2.Discuss and take appropriate action regarding the 2010 ICSC Conference. Seidel is in the process of reserving the booth and furniture. Seidel will send the dates to the Directors to begin blocking out time to cover the booth. This matter was Discussion only - No action taken 2010-189-T3.Receive update regarding Coupon Book incentive program; discussion of same. Director Murray updated the board regarding cost and contract/agreement with businesses. The Board discussed distribution ideas. This matter was Discussion only - No action taken 2010-188-T4.Receive Council update from Mayor Pro Tem Strother; discussion of same. Mayor Pro Tem Strother was not in attendance. This matter was Discussion only - No action taken 2010-190-T5.Receive Commercial Property update including current projects; discussion of same. - 26 Acre - Trophy Wood - Regency Center Seidel updated the board regarding current projects and addressed questions from the Board. This matter was Discussion only - No action taken 2010-187-T6.Discuss and take appropriate action regarding the approval of the March 1, 2010 Regular Session Minutes. March 1 2010 Minutes.pdfAttachments: Director Shuman moved to approve the March 1, 2010 Regular Session Minutes as presented. Director Sanders seconded; The motion CARRIED by the following vote: Aye:President Hicks, Director Bishop, Director Jeffery, Vice President Glaser, Secretary/Treasurer Murray, Director Sanders, and Director Shuman 7 - 2010-191-T7.Discuss and take appropriate action regarding the approval of the February 2010 Financials. February 2010 Monthly Financial Reports.pdfAttachments: Director Sanders moved to approve the February 2010 Financials as presented. Director Glaser seconded. The motion CARRIED by the following vote: Aye:President Hicks, Director Bishop, Director Jeffery, Vice President Glaser, Secretary/Treasurer Murray, Director Sanders, and Director Shuman 7 - EDC 4B 20 of 31 Meeting Date: May 10, 2010 April 5, 2010Economic Development Corporation 4B (EDC 4B) Meeting Minutes 2010-192-T8.Future Agenda Items. EDC 4B Future Agenda Items.pdfAttachments: Director Shuman asked to add a Budget Discussion line item for June. This matter was Discussion only - No action taken 2010-193-T9.Next Meeting Date - May 10, 2010 (P&Z Development Process Workshop) President Hicks announced the next Regular Session meeting is scheduled for May 10, 2010 at 6:30 p.m. This matter was Discussion only - No action taken Adjourn Director Sanders moved to adjourn at 7:56 p.m. Director Glaser seconded. The motion CARRIED by the following vote: Aye:President Hicks, Director Bishop, Director Jeffery, Vice President Glaser, Secretary/Treasurer Murray, Director Sanders, and Director Shuman 7 - ______________________________ James Hicks, President ______________________________ Dean Murray, Treasurer/Secretary EDC 4B 21 of 31 Meeting Date: May 10, 2010 100 Municipal Drive Trophy Club, Texas 76262Trophy Club Entities Legislation Details (With Text) File #: Version:12010-249-T Name: Status:Type:Agenda Item Regular Session File created:In control:5/5/2010 Economic Development Corporation 4B (EDC 4B) On agenda:Final action:5/10/2010 Title:Discuss and take appropriate action regarding the approval of the March 2010 Financials. Attachments:March 2010 Monthly Financial Reports.pdf Action ByDate Action ResultVer. EDC 4B 22 of 31 Meeting Date: May 10, 2010 12010-249-T Version:File #: Title Discuss and take appropriate action regarding the approval of the March 2010 Financials. EDC 4B 23 of 31 Meeting Date: May 10, 2010 EDC 4B 24 of 31 Meeting Date: May 10, 2010 EDC 4B 25 of 31 Meeting Date: May 10, 2010 EDC 4B 26 of 31 Meeting Date: May 10, 2010 100 Municipal Drive Trophy Club, Texas 76262Trophy Club Entities Legislation Details (With Text) File #: Version:12010-250-T Name: Status:Type:Agenda Item Regular Session File created:In control:5/5/2010 Economic Development Corporation 4B (EDC 4B) On agenda:Final action:5/10/2010 Title:Future Agenda Items. Attachments:EDC 4B Future Agenda Items.pdf Action ByDate Action ResultVer. EDC 4B 27 of 31 Meeting Date: May 10, 2010 12010-250-T Version:File #: Title Future Agenda Items. EDC 4B 28 of 31 Meeting Date: May 10, 2010 EDC 4B Future Agenda Items 1. TxDOT Signage and Costs 2. “President’s Council” 3. Clock Tower and Maintenance 4. Current tax revenue/generation and some sort of event, such as a Taste of Addison type of event that EDC 4B could work with the Parks & Rec Board 5. Possible economic development incentives/projects such as a scene of lights through a pathway – go to churches, community groups, etc, 6. Training for Directors 7. Discuss Boards involvement with the Chamber and their programs 8. Budget Discussion – (June 14, 2010) Last Updated: January 4, 2010 EDC 4B 29 of 31 Meeting Date: May 10, 2010 100 Municipal Drive Trophy Club, Texas 76262Trophy Club Entities Legislation Details (With Text) File #: Version:12010-251-T Name: Status:Type:Agenda Item Regular Session File created:In control:5/5/2010 Economic Development Corporation 4B (EDC 4B) On agenda:Final action:5/10/2010 Title:Next Meeting Date - June 14, 2010 at 6:30 p.m. Attachments: Action ByDate Action ResultVer. EDC 4B 30 of 31 Meeting Date: May 10, 2010 12010-251-T Version:File #: Title Next Meeting Date - June 14, 2010 at 6:30 p.m. EDC 4B 31 of 31 Meeting Date: May 10, 2010