Minutes EDC 4B 02/21/2000MINUTES OF WORKSHOP/REGULAR SESSION
ECONOMIC DEVELOPMENT CORPORATION
TOWN OF TROPHY CLUB
February 21, 2000
STATE OF TEXAS
COUNTY OF DENTON
The Economic Development Corporation of the Town of Trophy Club, Texas, met in a
Joint Workshop and Regular session February 21, 2000. The meeting was held within the
boundaries of the Town and was open to the public.
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Pam Cates
Vice -President
Paul Zigler
Treasurer
John Carter
Director
James Hicks
Director
David Garlitz
Director
Scott Smith
Council Liaison
DIRECTORS ABSENT:
Terry Christlieb President
STAFF AND GUEST(S) PRESENT:
Jim Buxton Staff Liaison
Renae Gonzales Recording Secretary
REGULAR SESSION
CALL TO ORDER AND ANNOUNCE A QUORUM:
Vice -President Cates called the meeting to order and announced a quorum at 6:32 p.m.
PRESENTATION BY BILLY HUGHES, PARKS AND RECREATION CHAIRMAN.
DISCUSSION AND APPROPRIATE ACTION:
Billy Hughes requested funds from EDC to help in raising $100,000 for the baseball fields/park
between Beck and Medlin Schools. The Parks Committee is submitting a grant request to Texas
Parks and Wildlife. Business and private contributions of $100,000 help in the grant point
system. Director Garlitz made a motion to provide a letter of intent not to exceed $20,000,
subject to Public Hearing and the successful raising of the $100,000. Director Carter seconded.
Motion passed unanimously.
WORKSHOP
CALL TO ORDER AND ANNOUNCE A QUORUM:
Vice -President Cates called the meeting to order and announced a quorum at 7:30 p.m.
DISCUSS BUSINESS PLAN:
Directors discussed implementation of an application process for fiend requests. Determination of
criteria necessary for future requests will be discussed at the next meeting.
Page 2 ECONOMIC DEVELOPMENT CORP. February 21, 2000
DISCUSS MISSION STATEMENT:
Directors reviewed existing mission statement.
ADJOURN WORKSHOP:
Workshop was adjourned at 8:12 p.m.
REGULAR SESSION
ELECTION OF OFFICERS:
The meeting was reconvened into regular session at 8:12 p.m. The following slate was presented
by discussion: David Garlitz-President, James Hicks -Vice -President, John Carter -Treasurer, Paul
Zigler-Secretary. Director Garlitz made a motion to accept the slate of new officers. Director
Zigler seconded. Motion passed unanimously.
DISCUSSION AND APPROPRIATE ACTION REGARDING CHANGING OF
DIRECTOR TERMS OF OFFICE:
No action taken.
DISCUSSION AND APPROPRIATE ACTION REGARDING BUSINESS PLAN:
Discussion ensued. Item tabled until next meeting. No action taken.
DISCUSSION AND APPROPRIATE ACTION REGARDING MISSION STATEMENT:
Director Zigler made a motion to keep existing mission statement as is. Director Carter
seconded. Motion passed unanimously.
DISCUSSION AND APPROPRIATE ACTION REGARDING EXPENDITURE OF
FUNDS IN THE AMOUNT OF $15,000 FOR THE FOURTH OF JULY CELEBRATION:
Director Carter reaffirmed the commitment to provide $15,000 for the fourth of July Celebration.
Director Zigler seconded. Motion passed unanimously.
REVIEW AND APPROVE MINUTES:
Director Zigler made a motion to accept the minutes as written. Director Hicks seconded.
Motion passed unanimously with Director Cates abstaining.
REVIEW AND APPROVE FINANCIAL REPORT:
Director Hicks made a motion to accept the financial report. Director Garlitz seconded. Motion
passed unanimously.
OTHER BUSINESS:
Directors would like a followup in acountability on previously funded projects.
ADJOURN:
Director Carter made a motion to adjourn the meeting at 8:45 p.m. Director Zigler seconded.
Motion passed unanimously.
David Garlitz --_ ---
President
02/22/00drg
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Wes Hicks
Vice -President