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Town Council Minutes - 03/23/2021 Joint Session with EDC-4B Minute TOWN OF TROPHY CLUB TOWN COUNCIL SPECIAL JOINT MEETING WITH EDC-413 MINUTES March 23,2021;6 PM The Trophy Club Town Council met in a Special Joint Meeting with the Trophy Club EDC-48 on Tuesday,March 23, 2021 at Town Hall, 1 Trophy Wood Drive with the following present: TOWN COUNCIL MEMBERS PRESENT: Alicia L. Fleury Mayor Greg Lamont Mayor Pro Tem,Place 1 Greg Wilson Council Member, Place 2 Sean Bone Council Member, Place 3 Karl Monger Council Member,Place 4 Philip Shoffner Council Member,Place 6(via Skype) ABSENT: Michael Geraci Council Member,Place 5 EDC-413 MEMBERS: Michael Richmond President Chris Whipple Secretary/Treasurer Michael Clarke Director Scott Haro Director Travis Inge Director ABSENT: Cory McDonald Director STAFF PRESENT: Steve Norwood Town Manager Wade Carroll Assistant Town Manager Leticia Vacek Town Secretary/RMO David Dodd Town Attorney CALL TO ORDER BY MAYOR FLEURY AND EDC-46 PRESIDENT RICHMOND Mayor Fleury called the meeting to order on behalf of the Town Council at 6:01 pm and noted a quorum was present with Mayor Pro Tern Lamont, Council Members Wilson, Bone, Monger, and Shoffner who joined the meeting via teleconference using Skype. President Richmond called the meeting to order on behalf of the EDC-413 at 6:02 pm and noted a quorum of the EDC- 4B Board of Directors as present. PUBLIC COMMENT Mayor Fleury asked if there were citizens that had registered to speak. Town Secretary Vacek confirmed that none had registered. 1. Take appropriate action regarding the minutes of May 28, 2019 and December 2, 2020 (EDC-46 Members Only) Director Haro moved to approve the minutes as submitted for May 28,2019 and December 2,2020 with the notation that Michael Clarke was absent from the December 2, 2020 Meeting. President Richmond seconded the motion. The motion carried unanimously as follows: March 23, 2021 Page 1 of 2 AYE: Richmond,Haro,Whipple,Clarke,and Inge. ABSENT: McDonald EXECUTIVE SESSION 2. Pursuant to the following designated section of the Texas Government Code,Annotated,Chapter 551(Texas Open Meetings Act);the EDC 4B will convene into executive session to discuss the following: a) Section 551.087 Economic Development—Deliberate the Economic Development Negotiations regarding a commercial prospect.(S.Norwood) Mayor Fleury and President Richmond recessed the Joint Meeting at 6:06 pm into executive session to address the foregoing item. RECONVENE INTO REGULAR SESSION Mayor Fleury and President Richmond reconvened the Joint Meeting at 7:35 pm from executive session. Mayor Fleury called upon Mayor Pro Tem Lamont. Mayor Pro Tern Lamont moved to approve a Grant of$100,000 and a repayment of a Loan of up to$200,000 to Trophy Table on the conditions that the Grant and Loan Agreement comes back to the Town Council and EDC-413 for approval within the parameters as directed in executive session. Council Monger seconded the motion. The motion Failed as follows: AYE: Lamont,Monger,and Mayor Fleury NAY: Wilson, Bone,and Shoffner ABSENT: Geraci Director Haro moved to approve a Grant of$100,000 and a Repayable Loan up to$200,000 to Trophy Table on the conditions that the Grant and Loan Agreement comes back to the Town Council and EDC-413 for approval within the parameters as directed in executive session. Director Whipple seconded the motion. The motion Carried as follows: AYE: Richmond,Inge, Haro,Whipple,and Clarke NAY: None ABSENT: McDonald ADJOURNMENT Mayor Fleury and President Richmond adjourned the Joint Meeting t 7:38 pm. fN -� Let' i Vacek,TRMC/CMC/MMC Ali /a Ali5/a L. Fleury,Mayor Town Se etary/RMO wn of Trophy Club,Texas N Michael Richmond, EDC-46 President March 23, 2021 Page 2 of 2