Minutes EDC 4B 07/29/2013MINUTES OF REGULAR SESSION •' THE
ECONOMIC DEVELOPMENT CORPORATION 4B BOARD
LOCATION: 100 MUNICIPAL DRIVE, TROPHY CLUB, TEXAS
Monday, July 29, 2013
6:00 PM
STATE OF TEXAS
COUNTY OF DENTON
The Economic Development Corporation 4B of the Town of Trophy Club, Texas, met in Regular
Session on July 29, 2013. The meeting was held within the boundaries of the Town and was
open to the public.
James Hicks President
Rebecca Shuman Vice President
Dean Murray Secretary/Treasurer — arrived at 6:35 p.m.
Dave Brod Director
Sean Weaver Director
Larry Mundy Director
STAFF AND GUEST(S) PRESENT:
Stephen Seidel
Assistant Town Manager
April Reiling
PIO/Marketing Manager
Danny Mayer
EDC 4B Council Liaison
Bill Rose
Council Member
Call to order and announce a quorum.
President Hicks, noting a quorum of EDC 4B, called the regular session to order at 6:26 p.m.
REGULAR SESSION
1. Update and presentation of the 2013 Retail Analysis & Merchandising Plan,
presented by Jason Claunch with Catalyst Commercial.
Jason Claunch with Catalyst Commercial provided a presentation regarding the 2013 Retail
Analysis & Merchandising Plan. Mr. Claunch answered questions from the board and Assistant
Town Manager Stephen Seidel provided additional input regarding recent meetings with various
brokers and consultants.
EXECUTIVE SESSION
2. Pursuant to Texas Government Code, Annotated, Subchapter 551, EDC 413 will
convene into closed executive session as authorized by:
Section 551.087 Deliberation Regarding Economic Development Negotiations to
discuss or deliberate the offer of financial or other incentives to a business
prospect that the Town seeks to have locate within the territory of the Town.
The EDC 4B Board convened into Executive Session at 6:46 p.m.
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3. Reconvene in Regular Session and take any action as necessary as a result of the
Executive Session.
The EDC 4B Board reconvened in Regular Session at 7:43 p.m. The Board took no action in
regards to the Executive Session.
4. Review, discuss and take appropriate action regarding the EDC 4B Strategic
Planning Workshop on Wednesday, July 10, 2013.
The EDC 4B Board reviewed the draft summary of the EDC 4B Strategic Plan and offered
various suggestions. A suggestion was made that the Board divide the Strategic Plan into
sections and assign directors to certain tasks and go through elements of each priority and
prioritize items to better define the action plan. Another suggestion included a survey to gauge
Economic Development performance and needs.
The Board indicated a need to focus on direct interaction with local businesses, such as a meet
and greet event. The Board requested that staff look at the calendar and bring back some
possible dates for the business meet and greet. A possible location includes the Trophy Club
Country Club and the event would be invitation only. The invite list would be determined at next
meeting. The Board agreed to review the strategic plan and bring suggestions to the next
meeting.
5. Discuss and take appropriate action regarding the July 10, 2013 Strategic
Planning Workshop Minutes.
Director Sean Weaver moved to approve the Minutes as presented. Director Rebecca Shuman
seconded. The motion passed unanimously.
Adjourn
Director Larry Mundy moved to adjourn at 8:30 p.m. Director Sean Weaver seconded. The
motion passed unanimously.
e icks, �P President
V
Dean Mur&Y"O'Treasurer/Secretary