Minutes EDC 4B 04/08/2002MINUTES OF WORKSHOP/REGULAR SESSION
ECONOMIC DEVELOPMENT CORPORATION 4B
TOWN OF TROPHY CLUB
April 8, 2002
STATE OF TEXAS
COUNTY OF DENTON
The Economic Development Corporation 413 of the Town of Trophy Club, Texas, met in a
Workshop/Regular Session on April 8, 2002. The meeting was held within the boundaries of the Town and
was open to the public.
DIRECTORS PRESENT:
James Hicks
Jonathan Witherspoon
Pam Cates
Terry Christlieb
John Carter
Susan Edstrom
DIRECTORS ABSENT:
Carol Cotton
STAFF AND GUEST(S) PRESENT:
Roger Unger
Jan Woodruff
President
Vice -President
Director
Director
Treasurer
Director/Council Liaison
Secretary
Staff Liaison
Recording Secretary
WORKSHOP SESSION
CALL TO ORDER AND ANNOUNCE A QUORUM:
President Hicks stated a quorum was present and proceeded to the regular session.
DISCUSSION OF REGULAR AGENDA ITEMS:
ADJOURN WORKSHOP SESSION:
REGULAR SESSION/PUBLIC HEARING
CALL TO ORDER AND ANNOUNCE A QUORUM:
President Hicks called the meeting to order and announced a quorum at 6:37 p.m.
DEVELOPER REPORT:
No developer report.
DISCUSSION AND APPROPRIATE ACTION TO JOIN TEXAS ECONOMIC DEVELOPMENT
SALES TAX ASSOCIATION AND TEXAS ECONOMIC DEVELOPMENT COUNCIL:
Director Christlieb made a motion to table this discussion. Director Edstrom seconded and the motion
passed unanimously.
REVIEW AND APPROVE MINUTES:
Vice -President Witherspoon made a motion to accept the March 1 It' meeting minutes, revising the order of
the minutes. Director Christlieb seconded the motion and it passed unanimously. Director Carter abstained.
REVIEW AND APPROVE FINANCIAL REPORT:
Director Cates made a motion to accept the financial report as written. Director Christlieb seconded.
Motion passed unanimously.
Page 2 ECONOMIC DEVELOPMENT CORP 4B April 8, 2002
OTHER BUSINESS:
None.
DISCUSSION AND APPROPRIATE ACTION TO FUND THE BOND STEERING COMMITTEE
FOR POOL AND PARK PROJECTS NOT TO EXCEED $10,000.
Director Cates made a motion to fund up to $3,000 of the administrative costs of the Bond Steering
Committee in conjunction with the planned citizen vote on the issuance of the bonds to finance the pool
and phase 2 and 3 of the 10 -acre park. Director Carter seconded the motion and it passed unanimously.
ADJOURN:
Director Carter made a motion to adjourn the meeting at 7:54 p. in. Director Witherspoon seconded.
Motion passed unanimously.
-�YL-
Jamis Hicks
President
040902jw
Carol Cotton
Secretary