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Minutes EDC 4B 02/25/2002 - Special Joint SessionMINUTES OF WORKSHOP/REGULAR SESSION ECONOMIC DEVELOPMENT CORPORATION 4B TOWN OF TROPHY CLUB SPECIAL SESSION WITH EDC 4A February 25, 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 February 25, 2002. The meeting was held within the boundaries of the Town and was open to the public. DIRECTORS PRESENT: Janes flicks Jonathan Witherspoon John Carter Pan Cates Terry Christlieb Susan Edstrom DIRECTORS ABSENT: Carol Cotton STAFF AND GUEST(S) PRESENT President Vice -President Treasurer Director Director Director/Council Liaison Arrived 6:10 Arrived 6:07 Roger Unger Staff Liaison Jan Woodruff Staff Financial Analyst Donna Welsh Town Manager Peter Tart Speaker, McCall Parkhurst & Horton LLP EDC 4A Directors WORKSHOP SESSION CALL TO ORDER AND ANNOUNCE A QUORUM: President Hicks stated a quorum was present at 6:03 p.m. 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 6:04 p.m. DISCUSSION AND APPROPRIATE ACTION FOR THE POSSIBILITY OF ISSUING BONDS FOR THE CONSTRUCTION OF THE POOL AND PL-IASE 2 AND PHASE 3 OF THE PARK: Pete Tart made a presentation of what projects the EDC 4A and EDC 4 B could legally issue bonds. No action was taken. Further discussion will take place at the special joint EDCs session on March 6, 2002. ADJOURN: Director Edstrom made a motion to adjourn the meeting at 6:39 p. m. Director Witherspoon seconded. Motion passed unanimously. Jaro Hicks ti Carol Cotton President Secretary