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Minutes EDC 4B 03/12/2012MINUTES OF REGULAR SESSION FOR THE ECONOMIC DEVELOPMENT CORPORATION 4B BOARD LOCATION: 100 MUNICIPAL DRIVE, TROPHY CLUB, TEXAS Monday, March 12, 2012 6:30 PM STATE OF TEXAS§ COUNTY OF DENTON§ The Economic Development Corporation 4B of the Town of Trophy Club, Texas, met in Regular Session on March 12, 2012. The meeting was held within the boundaries of the Town and was open to the public. EDC 4B DIRECTORS PRESENT: .lames Hicks, President Rebecca Shuman, Vice President Dean Murray, Secretary and Treasurer Larry Mundy, Director STAFF AND GUEST(S) PRESENT: Stephen Seidel, Assistant Town Manager April Reiling, PIO/Marketing Manager Glenn Strother, Council Member Bill Rose, Council Member Call to order and announce a quorum. President Hicks, noting a quorum, called the regular session to order at 7:05 p.m. Citizen Presentations Citizens are allowed three (3) minutes to address the Board regarding an item over which the Board has policy or oversight authority as provided by Texas law, the ethics order, or other policy order. REGULAR SESSION 1. Discuss and take appropriate action regarding the appointment of a primary and alternate board member to the Vision Trophy Club project. Director Rebecca Shuman volunteered to be the primary EDC -413 representative for the Vision Trophy Club project. Assistant Town Manager Stephen Seidel will approach Director Sean Weaver as an alternate. If Director Weaver is unable to participate, Assistant Town Manager Stephen Seidel will inquire if Director Larry Mundy or President dames Hicks are willing to participate. 2. Update and discussion regarding Developer Luncheon. Assistant Town Manager Stephen Seidel updated the board regarding the latest planning and event details for the Developer Luncheon. 3. Update and discussion regarding LogolWebsite. Assistant Town Manager Stephen Seidel and PIOIMarketing Manager April Reiling updated the board regarding the logo and website development. 4. Assistant Town Manager Update: - PD -30 - Regency - Trophy Wood - Commons Assistant Town Manager Seidel provided an overview regarding each commercial property listed above. 5. Discuss and take appropriate action regarding the approval of the February 13, 2012 Regular Session meeting Minutes. Director Shuman made a motion to accept the Minutes as presented. The motion was seconded by Director Mundy. Motion passed unanimously.. B. Discuss and take appropriate action regarding the approval of the following Monthly Financials: - January 2012 - February 2412 Director Shuman made a motion to accept both sets of Financials as presented. The motion was seconded by Director Mundy. Motion passed unanimously. 7. Future Agenda Items. Director Shuman — Remove Presidents Council (4) Director Shuman — Combine items 3 and 9 with item 11 8. Next meeting date: April 9, 2012. Director Shuman motioned to adjourn. Director Mundy seconded. Motion to adjourn carried unanimously. Meeting adjourned at 7:27 p.m. r icks, President Dean Murray, Treasurer/Secretary