Minutes EDC 4B 11/19/2012MINUTES OF REGULAR SESSION FOR THE
ECONOMIC DEVELOPMENT CORPORATION 4B BOARD
LOCATION: 100 MUNICIPAL DRIVE, TROPHY CLUB, TEXAS
Monday, November 19, 2012
7:00 PM
STATE OF TEXAS§
COUNTY OF DENTON§
The Economic Development Corporation 4B of the Town of Trophy Club, Texas, met in Regular
Session on November 19, 2012. The meeting was held within the boundaries of the Town and was
open to the public.
EDC 4B DIRECTORS PRESENT:
James Hicks, President
Dean Murray, Secretary
Dave Brod, Director
Larry Mundy, Director
Randall Conn, Director - arrived at 7:47 p.m.
STAFF AND GUEST{S} PRESENT:
Stephen Seidel, Assistant Town Manager
April Reiling, PIO/Marketing Manager
Glenn Strother, Town Council Mayor Pro Tem
Bill Rose
Larry Hoover
Greg Lamont
Call to order and announce a quorum.
President James 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. Update and discussion regarding the ILA with Town Council to restructure debt.
Assistant Town Manager Seidel provided an overview of the November 2012 Special Election results
and explained the ILA process and debt restructure.
2. Discuss and take appropriate action regarding engaging Catalyst Commercial to update
Trophy Club's Merchandising Plan and Retail Recruitment.
Assistant Town Manager Seidel provided an overview regarding the Catalyst Commercial contract. The
board decided to table the agenda item.
3. Update and discussion regarding the ICSC Texas Deal Making Conference 2012.
Assistant Town Manager Seidel provided an overview of the Alliance Development Forum booth and
Trophy Club presence at the 2012 ICSC conference.
4. Logo and website development update.
Assistant Town Manager Seidel provided an overview of the logo and website development status.
5. EDC brochure update.
Assistant Town Manager Seidel provided an overview of the EDC brochure development.
6. Discuss and take appropriate action regarding the September 2012 Financials.
Assistant Town Manager Seidel provided an overview of the September 2012 Financials. Director Larry
Mundy made a motion to approve financials as presented. Director Randall Conn seconded and the
motion passed unanimously.
7. Assistant Town Manager update:
- Trophy Wood
- Village Center
- Plaza
- Commons
- Bridge and soundwall beautification
Assistant Town Manager Seidel provided an update and answered questions from the board.
8. Next meeting scheduled for January 14, 2013.
Adjourn.
Director Dave Brod made a motion to adjourn. Director Larry Mundy seconded. Motion passed
unanimously.
Adjourned at 8:06 p.m.
Ja icks, President Dean Murray, Treasurer/Secretary