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Minutes EDC 4B 03/06/2002 - Special Joint SessionMINUTES OF WORKSHOP/REGULAR SESSION ECONOMIC DEVELOPMENT CORPORATION 411 TOWN OF TROPHY CLUB SPECIAL SESSION WITH EDC 4A March 6, 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 March 6, 2002. The meeting was held within the boundaries of the Town and was open to the public. DIRECTORS PRESENT: James Hicks Jonathan Witherspoon John Carter Pam Cates Terry Christlieb Susan Edstrom Carol Cotton DIRECTORS ABSENT: None STAFF AND GUEST(S) PRESENT: Roger Unger Jan Woodruff EDC 4A Directors Dan Almon President Vice -President Treasurer Director Director Director/Council Liaison Secretary Staff Liaison Staff Financial Analyst Speaker, with SWS Securities WORKSHOP SESSION CALL TO ORDER AND ANNOUNCE A QUORUM: President Hicks stated a quorum was present at 6:33 p.m. Left at 8:07 p.m. DISCUSSION OF REGULAR AGENDA ITEMS: Discussion regarding the possibility of issuing bonds for the construction of the pool and phase 2 and phase 3 of the 10 -acre park. Roger Unger presented the different options and estimated costs and payments. Dan Almon spoke to the group about the advantages and disadvantages of the option plans. ADJOURN WORKSHOP SESSION: Since the directors did not go into regular session, they did not adjourn the workshop. X' Jam` Hicks Carol Cotton President Secretary