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Minutes EDC 4B 01/09/2007MINUTES OF REGULAR SESSION ECONOMIC DEVELOPMENT CORPORATION 4B TOWN OF TROPHY CLUB January 9, 2007 6:30 P.M. STATE OF TEXAS COUNTY OF DENTON The Economic Development Corporation 4B of the Town of Trophy Club, Texas, met in a Regular Session on January 9, 2007. The meeting was held within the boundaries of the Town and was open to the public. DIRECTORS PRESENT: James Hicks President Doyle Nicholson Vice -President Darnian Olthoff Secretary Larry E. Crosser Director Rebecca Shuman Director DIRECTORS ABSENT: Cy Holley Director Philip Sterling Council Liaison STAFF AND GUEST(S) PRESENT: Beth Ann Gregory Community Development Director Shannon DePrater Recording Secretary Richard Bell EDC 4B Applicant WORKSHOP SESSION Call -to order and announce a quorum. President Hicks, noting a quorum, called the workshop to order at 6:44 p.m. Interview candidates for one (1) vacant position. a. Glenn Strother (via teleconference) b. Richard Bell c. Darin Davis The Board interviewed the first two applicants. Mr. Davis was unable to attend. Adjourn workshop session. President Hicks adjourned the workshop at 7:44 p.m. The Economic Development Board took a five minute recess. EDC B January 9, 2007 Regular Session Page 2 of 2 REGULAR SESSION Call to order and announce a quorum. President Hicks, noting a quorum, called the meeting to order at 7:49 p.m. Take appropriate action to submit a recommendation to the Town Council of candidates for one (1) vacant position on the EDC46. The Board discussed the applicants. Director Shuman made a motion to submit a recommendation to the Town Council to appoint Mr. Glenn Strother to EDC 4B's unexpired term vacancy with term to expire September 30, 2008. Director Olthoff seconded; motion carried unanimously. President Hicks asked that Mr. Richard Bell's application be forwarded to the Parks and Recreation Board and asked that Mr. Strother be invited to the Town Council Meeting for the appointment action item. Discuss and take appropriate action regarding naming Town Council and Master District liaisons. Director Shuman stated that EDC 4B needs to begin going to the Master District meetings and get seen. The Board needs to get direction from the Master District to proceed to MUD 1 and 2 in regards to their involvement with the tax abatements. Director Nicholson stated that he will begin talking with Master District Board members regarding their participation with tax abatements. No action taken. Staff Updates: a. Holiday Decorating Contest b. Website Beth Ann Gregory updated the Board and addressed questions. Other business. a. Next meeting scheduled for February 12, 2007 at 6:30 p.m. President Hicks mentioned that he, Beth Ann Gregory, Brandon Emmons and Mayor Sanders will be getting together on January 18, 2007 to begin the implementation plan for The Buxton Company. Mr. Hicks stated that he would bring -the plan forward to the Board for discussion at the February meeting. Adjourn regular session. Director Shuman made a motion to adjourn motion carried unanimously. 4L,J, 4===, Jim Icks at 8:49 p.m. Director Nicholson seconded; amian Olthoff