08.22.2024 EDCMinutesTown of Trophy Club Economic Development Corporation Meeting Minutes
August 22, 2024, 5:30 p.m., Regular Meeting
1 Trophy Wood Drive, Trophy Club, Texas 76262
CALL TO ORDER
Vice President Addington called the meeting to order at 7:02 p.m.
EDC BOARD MEMBERS PRESENT
Teri Addington, Vice President
John Rybeck, Secretary
Joseph Longo
Scott Hinshaw
James Calaway
EDC DIRECTORS ABSENT
John Mann, President
Andrew Borgan
STAFF PRESENT
Brandon Wright, Town Manager
Tamara Smith, Assistant to the Town Manager
April Duvall, Director of Finance
PUBLIC COMMENTS
There were none.
REGULAR ITEMS
1. Consider approval of the July 15, 2024, Economic Development Corporation Meeting
Minutes.
Director Longo moved to approve the July 15, 2024, meeting minutes. Director Calaway
seconded the motion.
VOTE ON THE MOTION
AYES:
Rybeck, Addington, Longo, Hinshaw, Calaway
NAYES:
None
ABSENT:
Mann, Borgan
VOTE:
5-0-2
2. Discuss updates from the small area plan meetings held on July 23, 2024, and August 6,
2024.
EDC Meeting Minutes — August 22, 2024 Page 2
Director Longo provided a summary of the subcommittee's meetings on the small area
plan project explaining they have adhered to the project schedule and made significant headway,
including brainstorming sessions on branding and naming the project. The subcommittee decided
on the name "The Grove at TC," which reflects Trophy Club's natural elements, especially its
designation as a Tree City and developed the following a vision statement for the project: "The
Grove at TC is a welcoming and vibrant hub where residents and visitors come together to enjoy
Trophy Club's prosperity."
Town Manager Wright stated the vision emphasizes the community's connection, both
physically and emotionally, while creating a space for residents to gather, work, and play.
Director Longo outlined the next steps including community and property owner
engagement. He explained that a letter of introduction will be sent to property owners to solicit
their input on their property's vision and opportunities. There was also discussion about
combining community engagement efforts with voting events, potentially using signage or a video
to inform the public about the project.
Town Manager Wright added the subcommittee is targeting November 18th for an open
house event to gather public input, with two sessions scheduled: one from 12:00 PM to 2:00 PM
and another from 6:00 PM to8:00 PM. Additionally, an online survey will also be made available.
The subcommittee's goal is to gather feedback from the community to ensure the project
aligns with their vision and needs.
3. Discuss updates of the Thrive Business Grant.
Tamara Smith, Assistant to the Town Manager provided an update on the Thrive Business
Grant Program, highlighting its timeline. The program, initiated by the EDC Board last year, was
approved by the Town Council in May and opened to the public on July 8th. Ms. Smith, along with
Town Manager Wright and Communications Director Jill Lind, visited local businesses to promote
the program, distributing applications and QR codes, and gathering feedback on business needs.
Currently three applications have been received, with follow-up ongoing to ensure completion
before the September 30th deadline.
Ms. Smith explained after the submission deadline, the EDC will have 60 days to review
the applications, after which the Town Council will make final approvals. Successful applicants will
be offered performance agreements and reimbursement information in January. The program
focuses on interior improvements and new equipment to help businesses enhance operations
and attract more customers. Businesses have provided positive feedback, and additional site visits
are planned.
The board inquired about promotional materials for the program, to which Ms. Smith
responded that QR codes and copies of the application have been provided to businesses. She
EDC Meeting Minutes —August 22, 2024
Page 3
agreed to create a brochure with program highlights and talking points for board members to
distribute during visits and to provide another update before the end of September.
The board expressed appreciation for the efforts made to engage the business community
and discussed the potential for future opportunities to support local businesses.
ADOURN
Vice President Addington adjourned the meeting at 5:57 p.m.
(I
John Ry/ ,e ecr ary
�nM-a"n"n. President