Cary Walker Katie Westhora Dennis Richmond Eric Hemphill Julie Bradley Bernard Grant

Kenneth Peterson

4B COMMUNITY DEVELOPMENT CORPORATION AGENDA
REGULAR MEETING JULY 16, 2008 COUNCIL CHAMBERS – 7:00 P.M. 206 NORTH MURPHY ROAD MURPHY, TEXAS 75094
NOTICE is hereby given of a regular meeting of the 4B Community Development Corporation of the City of Murphy, Collin County, State of Texas, to be held on Wednesday, July 16, 2008 at 7:00 P.M. in City Hall Council Chambers, 206 North Murphy Road, Murphy, Texas, for the purpose of considering the following numbered items. All agenda items are subject to action. This meeting is open to the public.

Call to Order Invocation and Pledge of Allegiance Roll Call and Certification of a Quorum
Consider and/or act on the selection of President, Vice President, Secretary and Treasurer for the 4A Corporation as required by Section 16 of the Development Corporation Act.

Requests or Petitions from the Public CONSENT AGENDA All consent agenda items are considered to be routine by the 4B Community Development Corporation and will be enacted by one motion. There will be no separate discussion of these items unless a Board member so requests, in which event the item will be removed from the Consent Agenda and voted on separately. A. Approval of the Minutes of the 4B Community Development Corporation meeting of June 18, 2008. B. Consider and/or act on approval of June 2008 Financial Reports, invoices and funds transfer authorization. C. Consider and/or act on update regarding cash flow analysis of current Murphy Community Development Corporation (4B) and its projects. D. Consider and/or act on an update regarding FM544 Median Project.

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Cary Walker Katie Westhora Dennis Richmond Eric Hemphill Julie Bradley Bernard Grant

Kenneth Peterson

E. Consider and/or act on an update regarding Street Lights on South Murphy Road Project. EXECUTIVE SESSION The City of Murphy Community Development Corporation (4B) will hold a closed Executive Session meeting pursuant to the provision of Chapter 551, Texas Government Code, Vernon’s Texas Codes Annotated, in accordance with the authority contained in: Section 551.087 To discuss or deliberate regarding commercial or financial information that the MCDC has received from a business prospect that the MCDC seeks to have locate, stay, or expand in or near the territory of the City of Murphy and with which the MCDC is conducting Economic Development negotiations; and to deliberate the offer of a financial or other incentive to the business prospect.

RECONVENE INTO REGULAR SESSION The Board of Directors of the Murphy Community Development Corporation (MCDC) will reconvene in Regular Session, pursuant to the provisions of Chapter 551, Texas Government Code, Vernon’s Annotated, to take action necessary regarding: Section 551.087 To discuss or deliberate regarding commercial or financial information that the MCDC has received from a business prospect that the MCDC seeks to have locate, stay, or expand in or near the territory of the City of Murphy and with which the MCDC is conducting Economic Development negotiations; and to deliberate the offer of a financial or other incentive to the business prospect.

INDIVIDUAL CONSIDERATION 1. Consider and/or act on setting priorities for the Murphy Community Development Corporation for FY 2008/2009. 2. Consider and/or act on the Murphy Community Development Corporation FY 2008/2009
Operating Budget.

Excused Absences Agenda Requests from the 4B CDC Board Members Report or Updates from City Staff WORK SESSION

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Cary Walker Katie Westhora Dennis Richmond Eric Hemphill Julie Bradley Bernard Grant

Kenneth Peterson

Open Meetings Act Training

Adjournment

In compliance with the Americans with Disabilities Act, the City of Murphy will provide for reasonable accommodations for persons attending public meetings at the City Hall. Requests for accommodations or interpretive services must be received at least 48 hours prior to the meeting. Please contact the City Secretary at 972-468-4000, or FAX 972-468-4012, or E-mail anemer@murphytx.org for further information.
Certification I hereby certify that the above notice of the 4B Community Development Corporation meeting was posted on the bulletin board at Murphy City Hall by 5:00 p.m. on or before Friday, July 11, 2008 _____________ City Secretary Julie Livingston, Project Manager I certify that this Notice was removed from the designated bulletin board on the ________ day of ___________________________ 200__. ________________________________________ Julie Livingston, Project Manager

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Cary Walker Katie Westhora Dennis Richmond Eric Hemphill Julie Bradley Bernard Grant

Kenneth Peterson

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