Minutes EDC 4B 03/24/2004 - Joint WorkshopMINUTES OF ECONOMIC DEVELOPMENT CORPORATION B
JOINT WORKSHOP SESSION
WITH ECONOMIC DEVELOPMENT CORPORATION A
AND TOWN COUNCIL
FOR THE TOWN OF TROPHY CLUB
MARCH 24, 2004
LOCATION: 100 MUNICIPAL DRIVE, TROPHY CLUB, TEXAS
WORKSHOP SESSION — 6:00 P.M.
NOTE: NO FORMAL VOTES WERE TAKEN ON ANY AGENDA ITEMS
CALL TO ORDER AND ANNOUNCE A QUORUM.
EDC A, EDC B and Council were called to order at 6:05 p.m.
EDC A MEMBERS PRESENT:
Neil Twomey
J. D. Harvey
T. Dwight Morrow
TOWN COUNCIL MEMBERS PRESENT:
Beverly Foley Mayor Pro Tem
Susan Edstrom Council Member
Bill Matthai Council Member
Roger Williams Council Member
Scott Spence Council Member (departed 7:15 p.m.)
EDC B MEMBERS PRESENT:
Jim Hicks, Chairman
Pam Cates (Council Candidate arrived 6:12 p.m.)
Tirn Meredith
Doyle Nicholson
Andrew Hayes
Rebecca Shuman (arrived at 7:52 p.m.)
EDC A MEMBERS ABSENT:
Gary Cantrell
Bob Fair
TOWN COUNCIL MEMBERS ABSENT:
Scott Smith Mayor
EDC B MEMBERS ABSENT:
Bill Devlin
STAFF AND VISITORS PRESENT:
Donna Welsh Town Manager Roger Unger Finance Director
Jan Woodruff Financial Analyst Patricia Adams Town Attorney
Diane Cockrell Town Secretary Margi Cantrell Council Candidate(arrived 6:06 p.m.)
Mendi Whitehead Resident
ECONOMIC DEVELOPMENT WORKSHOP CONDUCTED BY JEFF MOORE, ATTORNEY
FOR BROWN AND HOFMEISTER, L.L.P.
a. Criteria for use of EDC funds
b. Legislative changes and how it affects the EDCs
c. Attorney General selected opinions affecting EDCs
d. Creation and dissolution of an EDC
e. Amending the level of sales tax for an EDC
Mr. Moore provided a power point presentation explaining the limitations of use of Economic
Development Corporation funds.
Page 2 Joint Workshop Session March 24, 2004
ADJOURN.
Economic Development A, Economic Development B and Town Council adjourned at 8:49 p.m.
J : es Nicks Andy Hayes
President Secretary