Minutes EDC 4B 03/13/2006MINUTES OF WORKSHOP/REGULAR SESSION
ECONOMIC DEVELOPMENT CORPORATION 4B
TOWN OF TROPHY CLUB
MARCH 13, 2006
6:30 P.M.
STATE OF TEXAS
COUNTY OF DENTON
The Economic Development
Session on March 13, 2006.
public.
DIRECTORS PRESENT:
James Hicks
Doyle Nicholson
Damian Olthoff
Bill Devlin
Rebecca Shuman
Larry E. Crosser
DIRECTORS ABSENT:
Ralph Scoggins
Corporation 4B of the Town of Trophy Club, Texas, met in a Workshop/Regular
The meeting was held within the boundaries of the Town and was open to the
STAFF AND GUEST (S) PRESENT:
Sharon Huppert
Jim Buxton
Adam Adams
President
Vice -President
Secretary
Treasurer
Director
Director
Director
EDC Clerk
Staff Liaison
Parks and Recreation Director
WORKSHOP SESSION
1. Call to order and announce a quorum.
2. Discussion of regular agenda items.
3. Adjourn workshop session.
REGULAR SESSION
1. CALL TO ORDER AND ANNOUNCE A QUORUM.
President Hicks called the Workshop/Regular Session to order at 6:35 p.m., and announced that there
was a quorum.
2. PRESENTATION BY RAYMOND TURCO AND ASSOCIATES IN REGARDS TO PUBLIC
OPINION RESEARCH.
Ray Turco gave a presentation in regards to mail and/or telephone surveys, the benefits of these
surveys and the fee structure. The Board is requesting that Council proceed on the Town survey and
determine the level of detail of the survey. The Board stated they are potentially interested in assisting
in the cost of the survey.
3. PROJECT(S) UPDATES/STATUS.
Director Shuman gave a report in regards to signage at Regency Square Shopping Center located at
Highway 114 and Trophy Lakes Drive and the installation of the anti -bird system within the shopping
center area.
Director Crosser stated that there has been no response in his endeavors to contact Scott Beck.
Adam Adams, Parks and Recreation Director, gave a status update in regards to D. R. Horton.
ECONOMIC DEVELOPMENT CORPORATION 4B
MARCH 13, 2006
Page Two
4. DISCUSSION AND APPROPRIATE ACTION FOR STRATEGIC PLANNING.
Adam Adams stated the Council has scheduled a budget workshop for April 25, 2006 from 6p to 8p;
alternate date, May 9, 2006.
Adam Adams stated that he would bring to EDC413 a business plan in regards to Marshall Creek Park.
Director Shuman headed a discussion on the reduction of revenue by Council to a quarter cent. She
agreed to work on a draft to submit to the Council in the event the EDC413 has reduced income.
Director Crosser inquired if the Board might obtain from the Council the EDC413 goals and objectives
and mission statement to define the purpose of the Board. It was agreed that a request would be
submitted to Council to place this item on their April 3, 2006 meeting agenda.
5. DISCUSSION OF UPDATES TO THE FOLLOWING FORMS 1) ACTION ITEMS LOG; 2)
FUNDING REQUEST LOG; 3) ISSUE ITEMS LOG.
Treasurer Devlin made a motion to combine this agenda item with Agenda Item No 3 in regards to
future meetings. Director Shuman seconded the motion; Board Members Olthoff, Scoggins and
Crosser voting in favor and Board Member Nicholson abstaining.
6. APPROVAL OF FINANCIAL STATEMENTS.
Treasurer Devlin requested that the February financial statements are tabled until the next scheduled
meeting.
7. APPROVAL OF MEETING MINUTES.
Treasurer Devlin made a motion to approve the meeting minutes as amended; i.e. under Item #10 -
Other Business - strike parliamentarian training text. Director Shuman seconded the motion and it
passed unanimously.
8. OTHER BUSINESS.
Included in discussions above.
9. ADJOURN REGULAR SESSION.
Treasurer Devlin made a motion to adjourn at 8:20 p.m. Vice President Nicholson seconded the motion
and it passed unanimously.
Jim Hicks Damian Olthoff