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Minutes EDC 4B 09/15/2008MINUTES OF REGULAR SESSION FOR THE ECONOMIC DEVELOPMENT CORPORATION 4B BOARD LOCATION: 100 MUNICIPAL DRIVE, TROPHY CLUB, TEXAS Monday, September 15, 2008 3:00 PM STATE OF TEXAS COUNTY OF DENTON The Economic Development Corporation 4B of the Town of Trophy Club, Texas, met in Regular Session on September 15, 2008. The meeting was held within the boundaries of the Town and was open to the public. EDC 4B DIRECTORS PRESENT: James Hicks President Dave Glaser Vice President Damian Olthoff Secretary Dan Bishop Director Rebecca Shuman Director arrived at 3:55 p.m. Glenn Strother EDC 4B Council Liaison EDC 4B DIRECTORS ABSENT: Larry E. Crosser Treasurer STAFF AND GUEST(S) PRESENT: Stephen Seidel Assistant Town Manager Shannon DePrater Deputy Town Secretary/RMO Ron Holifield Strategic Government Resources Inc. A.1 Call to order and announce a quorum. President Hicks, noting a quorum of EDC 413, called the regular session to order at 3:31 p.m. A.2 Discuss and take appropriate action necessary for preparation of the 2008 ICSC Regional Meeting. Stephen Seidel updated the Board on the GSBS Design Charrette public meeting to be held on Tuesday, September 16, 2008. Seidel also shared that the Board may want to readdress its focus on the Design Charrette based on GSBS' meeting with Beck Properties. A.3 Staff Updates: None given. A.4 Approval of August 11, 2008 Regular Session Minutes. Director Bishop moved to approve the August 11, 2008 Regular Session Minutes as written. Director Olthoff seconded; motion carried unanimously. A.5 Approval of July 2008 Financials. Director Bishop moved to approve the July 2008 Financials as presented. Director Glaser seconded; motion carried unanimously. A.6 Items for Future Agendas: - Joint Meeting with EDC 4A regarding Pool Bond Payment - November Meeting - EDC Training — early next year Skill Set for Future Applicants to the Board No new items were added. A.7 Next meeting scheduled for October 13, 2008 at 6:30 p.m. The Board convened into Workshop Session at 3:50 p.m. EDC 4B TO CONVENE INTO WORKSHOP SESSION A.8 Strategic Planning Discussion The Board met with Mr. Ron Holifield from Strategic Government Resources Inc. to being working on Board's Strategic Planning. EDC 4B TO RECONVENE INTO REGULAR SESSION A.9 Adjourn. Director Shuman moved to adjourn at 7:27 p.m. Director Glaser seconded; motion carried unanimously. Jamesicks, President EDC BRegular Session September 15, 2008 Minutes Damian Olthoff, Secretary Page 2 of 2