HomeMy WebLinkAbout2022-0718 July 18, 2022 Regular Meeting MinutesJuly 18, 2022 Regular Meeting Minutes
REGULAR MEETING MINUTES
TROPHY CLUB MUNICIPAL UTILITY DISTRICT NO. 1
BOARD OF DIRECTORS
July 18, 2022 at 6:30 p.m.
Trophy Club Municipal Utility District No. 1 Board of Directors, of Denton and Tarrant Counties, met in regular
session on July 18, 2022, at 6:30 p.m., in the Boardroom of the Administration Building, 100 Municipal Drive,
Trophy Club, Texas 76262. The meeting was held within the boundaries of the District and was open to the
public.
STATE OF TEXAS §
COUNTIES OF DENTON AND TARRANT
BOARD MEMBERS PRESENT:
Kevin R. Carr President
Ben Brewster Vice President
Doug Harper Secretary/Treasurer
William C. Rose Director
Tracey Hunter Director
STAFF PRESENT:
Alan Fourmentin
Laurie Slaght
Mike McMahon
Steven Krolczyk
Tony Corbett
General Manager
District Secretary
Operations Manager
Finance Manager
Legal Counsel
CALL TO ORDER AND ANNOUNCE A QUORUM
President Carr announced the date of Monday, July 18, 2022, called the meeting to order and announced a
quorum present at 6:31 p.m.
CITIZEN COMMENTS
Steve Flynn 417 Ramsey Trail
REPORTS & UPDATES
1. Staff Reports
a. Capital Improvement Projects
b. Water Operations Report
c. Wastewater System Reports
d. Finance Reports
General Manager Fourmentin provided the status of current projects as well as the monthly staff reports
and answered questions related thereto.
CONSENT AGENDA
2. Consider and act to approve the Consent Agenda.
a. June 2022 Combined Financials
b. June 20, 2022 Regular Meeting Minutes
c, Quarterly Investment Report — 3`d Quarter FY2022
d. Tax Collections Report — 3rd Quarter FY2022
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Motion made by Director Rose and seconded by Director Harper to approve the consent agenda as
presented.
Motion carried unanimously
REGULAR SESSION
3. Receive update from Strategic Committee. (Carr/Brewster)
Director Brewster stated that the Strategic Committee was scheduled to meet with the Town committee
today; however, all town members could not attend so it has been rescheduled to September. Director
Brewster and Director Carr want legal counsel present at committee meetings. General Manager
Fourmentin stated he has notified the town that the board is expecting a proposal to include information
and numbers.
4. Receive update from Budget Committee. (Brewster/Harper)
Director Brewster and Director Harper updated the board on the committees first meeting and stated
that they focused on capital improvement projects including the timeline of critical waterline
replacement and paying with revenues and not issuing bonds. The committee also discussed funding for
education including water conservation, the cycle of water and wastewater and how our state of the art
system works.
5. Consider and act relating to changing regular monthly meeting date of the Board of Directors of the
District:
a. Consider and act to adopt Resolution No. 2022-0718A changing the Board of Directors' regular
monthly meeting day to the third Wednesday of the third week of each month.
b. Consider and take appropriate action regarding adoption of Order No. 2022-0718A Amending
Section 5.01 of the ByLaws of the Board of Directors relating to Board of Directors' regular monthly
meeting date.
Motion made by Director Rose and seconded by Director Brewster to adopt Resolution No. 2022-0718A
and Order No. 2022-0718A Amending each to say the third Wednesday of each month.
Motion carried unanimously
6. Consider and act to adopt Resolution No. 2022-0718B Authorizing Extension of Depository Pledge
Agreement with Prosperity Bank.
Motion made by Director Hunter and seconded by Director Harper to adopt Resolution No. 2022-0718B
Authorizing Extension of Depository Pledge Agreement with Prosperity Bank as stated in the handout.
Motion carried unanimously
7. Receive update from the Audit Committee members. (Rose/Hunter)
8. Consider and act regarding proposals received for Annual Financial Auditing Services and select the audit
firm(s) for negotiation of a contract for audit services.
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Staff stated that the contract was in review and would be brought back to the August meeting for board
approval.
Motion by Director Rose seconded by Director Harper to select the auditing firm of Rod L. Abbott.
Motion carried unanimously
9. Items for future agendas:
Auditor Contract for approval - Staff
Director Hunter would like to add an item to be copied on the General Managers emails — Executive Session
Community education and what the District is all about.
10. Set future Meeting dates — Wednesday, August 17, 2022 at 6:30 p.m.
President Carr called the meeting adjourned at 7:47 p.m.
ADJOURN
K in Carr, President
Doug Harper, S cretary/Treas rer
Laude Slaght, District Secret
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