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Minutes EDC 4B 06/12/2000MINUTES OF REGULAR SESSION ECONOMIC DEVELOPMENT CORPORATION TOWN OF TROPHY CLUB June 12, 2000 STATE OF TEXAS COUNTY OF DENTON The Economic Development Corporation of the Town of Trophy Club, Texas, met in a Regular Session June 12, 2000. The meeting was held within the boundaries of the Town and was open to the public. DIRECTORS PRESENT: David Garlitz President James Hicks Vice -President Pam Cates Director 6:53 p.m. Scott Smith Council Liaison DIRECTORS ABSENT: John Carter Treasurer Paul Zigler Secretary Terry Christlieb Director STAFF AND GUEST(S) PRESENT: Jim Buxton Staff Liaison Renae Gonzales Recording Secretary Chris Clark Resident Barbara Tweedie Council Susan Edstrom Council, P/R Committee REGULAR SESSION CALL TO ORDER AND ANNOUNCE A QUORUM: President Garlitz called the meeting to order and announced a quorum at 6:55 p.m. REVIEW AND APPROVE MINUTES: Director Smith made a motion to accept the minutes as written. Director Cates seconded. Motion passed unanimously. REVIEW AND APPROVE FINANCIAL REPORT: Director Garlitz made a motion to accept the financial statements as written. Director Hicks seconded. Motion passed unanimously. DISCUSSION AND APPROPRIATE ACTION REGARDING COVER LETTER/ROUGH DRAFT FOR APPLICATION FOR FUND REQUESTS: Director Smith made a motion to accept the cover letter for the application for fund requests. He would like to change the order to cover letter, application, instructions. Director Hicks seconded. Motion passed unanimously. Page 2 ECONOMIC DEVELOPMENT CORP. June 12, 2000 DISCUSSION AND APPROPRIATE ACTION REGARDING APPLICATION FOR FUND REQUESTS: Director Smith made a motion to accept the application. Director Flicks seconded. Motion passed unanimously. DISCUSSION AND APPROPRIATE ACTION REGARDING DIRECT INVOLVEMENT/ROLE IN DISTRIBUTING PUBLIC RELATIONS TAPES/BROCHURES: Discussion ensued. No action taken. DISCUSSION AND APPROPRIATE ACTION REGARDING TCEDC BOOTH AT 4TH OF JULY CELEBRATION: Director Smith made a motion for EDC to not man a booth at the 4th of July celebration. Director Hicks seconded. Motion passed unanimously. REPORT FROM TOWN COUNCIL RELATING TO TERMS OF OFFICE FOR EDC DIRECTORS: James Buxton, Director of Finance, advised that the Town Council had approved the current terms of office for all EDC directors. No action taken. OTHER BUSINESS: Directors discussed the need to begin planning a draft for an EDC information page possibly to be inserted in the brochures when updated later in the year. ADJOURN: Director Hicks made a motion to adjourn the meeting at 7:45 p. m. Director Smith seconded. Motion passed unanimously. 06/12/00drg es Hicks Vice -President