december denton business chronicle 2012

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DentonBusinessChronicle

Aubrey residents Jerry andGwen Vawter were honored atthe AmericanQuarter HorseAssociation as50-Year LegacyBreeders at aceremony Oct. 2at the AmericanQuarter HorseHall of Fame &Museum in Amarillo.

Jerry met his wife, Gwen,when he wastraining cuttinghorses and shebrought him ahorse to train,according to anews release.

They marriedin 1963, and by

1980 they built their broodmareband to about 45 mares, whichincluded Conclusives Lace. Herfirst foal was by ObviousConclusion, a 1988 sorrel stallionnamed Kid Clu. Kid Clu went onto change the halter world andsired 67 world and reserve worldchampions, according to therelease.

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Clark Rassi of Aubrey wasrecently recognized at the 2012FedEx OpenAmericanQuarter HorseAssociationWorldChampionshipson Nov. 16 inOklahoma City.

Rassi bred

Top Secret, a 2001 sorrel stallion,which received the third-placeGet-of-Sire title. The third-placefinalist received a bronze trophyand a $1,500 check, a pressrelease said.

Rassi’s stallion was one of 14stallion entries accepted to com-pete in the championship.

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Shady Shores resident MaryMcDowell, president and CEO ofOneMain/CitiFinancial, was honored lastmonth with the AmericanFinancial Services Association’sDistinguished Service Award.

McDowell was one of twoexecutives who received theaward at the association’s 96thannual meeting in Chicago.

The award is given to individu-

als who have contributed signifi-cantly to the industry and helpedthe association advance its mis-sion and objective nationally,according to a news release.

McDowellserved as chair-woman of theassociation in2010-11. Sheoversaw a taskforce to help theindustry antici-pate, respond toand prepare for regulatorychanges under the Dodd-FrankWall Street Reform andConsumer Protection Act.McDowell currently serves on theassociation’s investment policycommittee and education foun-dation board.

McDowell joined Citi in 1991.She served as chief financial offi-cer for businesses includingCitiFinancial, CitiFinancialMortgage Co., Citi–corp TrustBank and the insurance businessnow known as Citi Assurance.She served in other positions atCitiFinancial and then becameCEO of OneMain Financial in2011, according to a news release.

The American FinancialServices Association is a nationaltrade association for the con-sumer credit industry, with 350members including consumerand commercial finance compa-nies, auto finance/leasing compa-nies and others.

For more information, visitwww.afsaonline.org or www.onemainfinancial.com.

Jerry Vawter

McDowell

Gwen Vawter Rassi

Career Advancements

Kohl’s

A new Natural Grocers, a health store, will open at the corner ofLocust Street and University Drive.

More development at the Rayzor Ranch Marketplace which is set toinclude Kohl's, Famous Footwear, JoAnn Fabric & Craft Store andPetco. Stores will be opening in 2013.

Going Up

Photos by Karina Ramírez

Natural Grocers

Business Mixers

On Dec. 3, the officers and members of the Ariel Club, Denton’s oldest club for women, celebrat-ed their first Christmas Luncheon and 9th Annual Tree Dedication and Ornament HangingCeremony at their building located at 610 Oakland St. The women’s club has been in Dentonsince 1891.

Ariel Club

LEFT: From Left to right, Blanche Shull, Creative Pursuits department chairman; Edene Riggs, parliamen-tarian; Sara Jane Carter, Ariel Club President; Judy Keith, Clear Horizons department chairman; NancyKing, Shakespeare chairman; Peggy Widmer, Federation Counselor; Mary Margaret Moore, MusicDepartment; Janet Scott, recording secretary; Diane Gallivan, Current Century department chairman;Claralynn Barnes, treasurer; Linda Cassidy, Modern Era department chairman and Helen Reikofski, Musicdepartment chairman.

RIGHT: From left to right, member for 62 years, Elinor Caldwell; member for 57 years, Mary Evelyn Huey;member for 54 years, Martha Len Nelson and Melinda Merritt King who will be inducted as a new memberin February 2013 as Chairman of the newest and 10th Department of Ariel Club, New Horizons.

Photos by Karina Ramírez

Mix with usTell about your event or send photos

E-mail photos(200 DPI or higher) to

[email protected]

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Dec.12


December 2012

IndexJonathon Fite | 4Other Enterprising

Voices | 6, 11, 15Mixers | 2, 8, 10Going Up | 2Career

Advancements | 2Vital Statistics | 18-23

Who to contactDawn Cobb Managing Editor

940-566-6879 | [email protected]

Sandra Hammond Advertising Director940-566-6820 | [email protected]

Shawn Reneau Advertising Manager 940-566-6843 | [email protected]

Photo by David Minton

On the cover: A sign for the SterlingFry Street development goes up.

Calendar of EventsAltrusa International Inc. of Dentonmeets for its monthly dinnerand program at Vigne WineShop & Deli, 222 W. Hickory St.Cost is $10 per person. Call940-387-5031 for reservationsor visit www.altrusadenton.org.

Tuesday, Jan. 22, 6:30 p.m.

American Association of UniversityWomen, Denton Branch meets atTexas Woman’s University,Stoddard Hall, Room 402. Call940-898-3797. Visit www.aauwdenton.org or e-mail [email protected]

Wednesday, Feb. 6, 6 p.m.

Aubrey 380 Area Chamber ofCommerce meets at the PrairieHouse Restaurant at 10001 E.U.S. Highway 380 in CrossRoads. Cost is $12 per person,reservations required. Call 940-365-9781 or e-mail [email protected]

Wednesday, Jan. 16, 11:30 a.m.

Denton Black Chamber of Commercemeets at the Denton HousingAuthority, 1225 Wilson St.

Tuesday, Jan. 8, 6 p.m.

Denton Hispanic Chamber of Commercemeets at Quality Inn & Suites,1500 Dallas Drive.

Friday, Jan. 4, 7:30 a.m.

Denton League of United LatinAmerican Citizens No. 4366 meets atthe Denton Senior Center, 509N. Bell Ave.

Saturday, Jan. 19, 9:30 a.m.

Denton Planning and ZoningCommission meets in the councilchambers at City Hall, 215 E.McKinney St.

Wednesday, Dec. 26, 6:30 p.m.

Wednesday, Jan. 9, 6:30 p.m.

Hickory Creek Planning and ZoningCommission meets at HickoryCreek Town Hall, 1075 RonaldReagan Ave.

Wednesday, Jan. 2, 7 p.m.

Home Builders Association of GreaterDallas, Greater Denton Division has itsmonthly meeting and luncheonat the Prairie House located at10001 U.S. Highway 380 inCross Roads. Cost is $15 forassociates and builders withreservations and $18 for walk-ins. Call 940-383-0853.

Tuesday, Jan. 22, 11:30 a.m.

Investment Perspective Seminar host-ed by financial adviser Kathy R.Bauer of Edward Jones at 2925Country Club Road, Suite 101A,in Denton. Coffee is complimen-tary. Call 940-482-0280

Thursday, Dec. 20, 9 a.m.

Thursday, Jan. 24, 9 a.m.

Lake Cities Netweavers business net-working group meets at theIHOP restaurant off Interstate35E in Hickory Creek. Cost is$12 and includes breakfast. Formore information [email protected].






Lake Dallas 4A Economic DevelopmentCorp. meets at Lake DallasMunicipal Complex.

Monday, Jan. 7, 7 p.m.

Lake Dallas 4B CommunityDevelopment Corp. meets at LakeDallas Municipal Complex.

Monday, Jan. 14, 7 p.m.

NAACP, Denton County Chapter meetsat the Denton HousingAuthority, 1225 Wilson St.

Thursday, Jan. 10, 7 p.m.

SCORE, the Service Corps of RetiredExecutives offers free manage-ment counseling for prospectivenew business owners or existingbusiness in trouble.Confidential, one-hour counsel-ing sessions are available byappointment every Wednesdayat South Branch Library inDenton, 3228 Teasley Lane. Call940-349-8752 to make anappointment.

Wednesday, Dec. 26, 9 a.m.

Wednesday, Jan. 2, 9 a.m.



Small Business Breakfast meetingsponsored by the North CentralTexas College Small BusinessDevelopment Center at theDenton Chamber of Commerce.A light breakfast is provided.Call 940-380-1849.


Women Business Owners of DentonCounty will hold its monthlyluncheon at Oakmont CountryClub, 1200 Clubhouse Drive inCorinth.


Please tell us about your event or

meeting by e-mailing Karina Ramírez

at [email protected]; by fax at

940-566-6888; or by mail to DBC

Calendar, Denton Record-Chronicle,

314 E. Hickory St., Denton, TX 76201.

She also can be reached at 940-566-

6878.

Contents |

December 2012 | Vol. 8, No. 10

Publisher: Bill Patterson

The contents of this free publication arecopyrighted by Denton PublishingCompany, 2008, a subsidiary of A.H. BeloCorp. (www.ahbelo.com, NYSE symbol:AHC), with all rights reserved.Reproduction or use, without permission,of editorial or graphic content in anymanner is prohibited. Denton BusinessChronicle is published monthly byDenton Publishing Company, 314 E.Hickory St., Denton, TX 76201. E-mail:[email protected]

Check out theDenton Business Chronicle online

at dentonrc.com/businesschronicle

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Dec.12


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Enterprising Voices

“I got to study under BenGraham at Columbia, whichchanged my life.”

- Warren Buffett, Graham’sBest Student

Benjamin Graham is oftencited as the father of mod-ern value investing. Prior

to his work as a professor, authorand fund manager through thetumultuous 1920s, 1930s and1940s, the stock market wasmainly thought of as a casino, aplace for insiders, hot-tips andwild swings. This time in themarket was decidedly not theplace where the “average-Joe”plowed his savings for retirement.

But Graham approached themarket in a very different, verydisciplined way. He developedthree key principles as the frame-work for investing, not speculat-ing, in the market. Over hiscareer, he delivered 20 percent

annual returns, even after suffer-ing a near-catastrophic collapseduring the Great Depression.Amazing.

Buffett supped from this fontof knowledge and expanded onthose three fundamental princi-ples to add a few of his own. Asa result, most value investingprinciples can be distilled intofive simple lessons. Yet some-how, the application of these les-sons is far from commonplacenearly 75 years later. As Buffettdescribes in his 1996 letter to

shareholders: “Intelligent invest-ing is not complex, though that isfar from saying that it is easy.”

As an interesting 2012 closesits doors and we look to what2013 might bring, my businesspartner and I hope to highlightthe five key lessons that underpinsuccessful value investing.

LESSON 1: PRICE DOES NOT ALWAYS EQUALVALUE

Graham is probably mostfamously known for his investingallegory of Mr. Market — aremarkably accommodating fel-low who is your partner in a pri-vate business. Without fail, heappears daily to name a price atwhich he will either buy yourinterest or sell you his. But sadto say, the poor fellow has incur-able emotional problems. Attimes he feels euphoric and cansee only the favorable factors

affecting the business. When inthat mood, he names a very highbuy-sell price because he fearsthat you will snap up his interestand rob him of imminent gains.

At other times, he is depressedand can see nothing but troubleahead for both the business andthe world. On these occasions hewill name a very low price, sincehe is terrified that you will unloadyour interest on him.

Mr. Market has anotherendearing characteristic: Hedoesn’t mind being ignored. Ifhis quotation is uninteresting toyou today, he will be back with anew one tomorrow. Transactionsare strictly at your option.

Underpinning this allegory isthe belief that all businesses havesome underlying, intrinsic valuebased on the assets they possess,the earnings-power those createand the competitive position heldin the marketplace. Sometimes,the price Mr. Market is willing topay for that value is reasonable,pricing the future prospects ofthe business based on reasonable

expectations of asset perform-ance, earnings-power and com-petitive positioning.

Unlike most financial academ-ics who believe modern 24/7news coverage, data feeds andtrading-floor-chat-rooms resultin efficient market prices,Graham believed Mr. Marketwas subject to bouts of manic-depressive mood swings. Theseswings create periods of timewhen the market price for a busi-ness could dislocate from a busi-ness’ true worth. Take a look at1999, 2001, 2007 and 2009 for afew of these data points.

These periods representedmassive spikes in price-volatility,but looking back, it is clear thefundamentals of many businesseswere not appropriately reflectedduring these mood swings. Justas most academics believe thatthe market price of a businessalways reflects an accurate valueof the business’ future prospects,these same professionals equate

Jonathon FITE |

Five value investing lessons

FITE | CONTINUED ON PAGE 10

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Enterprising Voices

With a hopefullyimproving economy,our state and local

community should see anincrease in new housing devel-opment. If our past history is agood indicator of the future,then the increase in new con-struction will necessarilyincrease the number of con-struction defect claims betweenthe buyers of these new homesand the contractors who con-structed them. This article willbriefly discuss the history of res-idential construction claims inTexas and set forth the currentlegal framework for homeown-ers and builders who may soonfind themselves on one side orthe other of a residential con-struction defect claim.

HISTORYPrior to 1999, residential con-

struction disputes in Texas wereprimarily dealt with throughgeneral contract principles andconsumer protection statutes. Asa result of a real or perceivedincrease in the number of claimsbrought by owners againstbuilders and the large damageclaims potentially availableunder certain state consumerprotection statutes, the Texaslegislature enacted the TexasResidential ConstructionLiability Act in Chapter 27 ofthe Texas Property Code(RCLA). RCLA framed con-struction defect claims into spe-cific procedural and damagelimitation considerations.However, it seemingly did littleto reduce the number of suitsand arbitrations or to reduce thelarge damage claims sought byhomeowners against builders. Inresponse to a very powerfulTexas builders’ lobby — withinput from a somewhat lessinfluential consumers’ lobby —the Texas legislature enacted theTexas Residential ConstructionCommission Act (TRCCA) in2003. The general purpose ofTRCCA was to provide a builderregistration program, provide a

mandatory administrative state-sponsored inspection and dis-pute resolution process for con-struction defects and set forthminimum building standardsand warranties for residentialconstruction. Without gettinginto the details of TRCCA, itshould be noted that an owner’sfailure to follow the mandatorystate-sponsored inspection anddispute resolution process couldresult in the owner losing theability to prosecute a claim incourt or through arbitration.

The mandatory and harsheffects of TRCCA, when com-bined with the economic down-turn, effectively resulted in liti-gated and arbitrated construc-tion defect claims virtually ceas-ing to exist between 2003 and2009 in Texas. However,TRCCA was subject to the sun-set laws governing administra-tive agencies and, as part of thesunset process, TRCCA wasrepealed in 2009. Now thatTRCCA has been repealed, own-ers and builders face going “backto the future” when dealing withconstruction defect claims undertraditional contract principles,consumer protection statutes,and the ResidentialConstruction Liability Act.

IMPLIED WARRANTIESWhen TRCCA was dissolved

in 2009, one of the conse-quences was the removal of theminimum building standardsand warranties for residentialconstruction. With TRCCA outof the way, the common law ofTexas which existed at the timeof TRCCA reappeared. Throughseveral former Texas Supreme

Court decisions, two commonlaw implied warranties onceagain set the standard for resi-dential construction defects inTexas.

The first implied warranty isthe “warranty of good and work-manlike manner.” This warrantyrequires a contractor to con-struct a residence in the samemanner as would a generallyproficient contractor engaged insimilar work and performingunder similar circumstances.Any express warranty mustequal or exceed the performancerequired by the implied warran-ty of good and workmanlikemanner, and it cannot complete-ly disclaim the implied warrantyby providing performance stan-dards that do not meet or exceedthose required by the residentialconstruction industry.

The second implied warrantyis the warranty that the home issuitable for human habitationand only extends to defects thatrender the home unsuitable forits intended use as a home. Thiswarranty is only applicable tolatent defects, that is thosedefects that are not disclosed orclearly known to the buyer of thehome. This warranty may not begenerally disclaimed. If fully dis-closed by a builder to a buyer,those defects which are know-ingly and voluntarily acceptedwill not be subject to the impliedwarranty of habitability.

DECEPTIVE TRADEPRACTICES: THE HOMEOWNER’S SWORD

The Deceptive Trade Practices— Consumer Protection Act(Section 17.41 et. seq. of theTexas Business and CommerceCode, herein DTPA) applies tothe sale of homes. The DTPAexpressly allows a consumer tomaintain an action where thebreach of an express or impliedwarranty produces economicdamages or damages for mentalanguish. Where a builder hasnot built the home in “a goodand workmanlike manner” or to

be “habitable,” such builder hasbreached either or both of thetwo warranties implied by lawon a new residence, thus makingsuch “breach” actionable underthe DTPA.

The benefits that the DTPAprovides over general contractprinciples are primarily two-fold. First, the claimant only hasto show that its damages were“produced,” rather than “proxi-mately caused,” by the builder’sbreach of the implied warranty.This means that the claimantneed not prove that any result-ing damages were reasonablyforeseeable. Any damages, nomatter how remote, may beproven by the claimant, so longas they result from the builder’sbreach of the implied warranty.Secondly, where the claimantcan prove that the builder inten-tionally or knowingly “breached”the implied warranty, theclaimant may also be awardedmental anguish damages and upto three times the claimant’sactual or economic damages.

RESIDENTIALCONSTRUCTIONLIABILITY ACT: THEBUILDER’S SHIELD

Since the expiration ofTRCCA, RCLA continues toprovide builders with a statutoryfilter through which construc-tion defect claims must navigate.While RCLA does not in and ofitself provide the homeownerwith a separate cause of actionagainst a builder, failure to com-ply with the act has conse-quences for both the homeown-er and the builder.

First, RCLA makes it clearthat to the extent of any conflictbetween RCLA and the DTPA,the provisions of RCLA will con-trol. Second, RCLA limits theliability of a contractor fordefects caused by several statu-tory acts which are deemed tobe outside of the contractor’scontrol. Third, RCLA requiresthat the homeowner give thecontractor at least 60 days priorwritten notice by certified mailof the specific constructiondefects that are the subject ofthe complaint prior to filing suit

or invoking arbitration proceed-ings. Fourth, RCLA allows thecontractor during the first 35days following receipt of thehomeowner’s RCLA notice toinspect the home and construc-tion defects by supplying thehomeowner with a writtenrequest for inspection.

Fifth, RCLA allows the con-tractor to provide a written offerof settlement to the homeownerby certified mail that mayinclude an agreement by thecontractor to repair or haverepaired any of the applicableconstruction defects and maydescribe the kind of repairs to bemade. Additionally, under cer-tain specific circumstances, thecontractor may also make anoffer to repurchase the home.Any offered repairs must bemade not later than 45 daysafter the contractor’s receipt ofthe homeowner’s written accept-ance of the contractor’s offer,unless delayed by the homeown-er or by other events beyond thecontractor’s control.

Sixth, if the homeownerbelieves that the contractor’s ini-tial offer of settlement is not rea-sonable, then the homeownermust advise the contractor inwriting of such fact and providedetails on why within 25 days ofreceipt of the contractor’s initialoffer. In such instance, the con-tractor has an additional 10 daysfrom receipt of such notice fromthe homeowner to make a sup-plemental written offer of settle-ment to the homeowner.

Seventh, if the homeownerrejects a reasonable offer fromthe contractor or fails to permitthe contractor to perform undersuch offer after acceptance, thehomeowner’s damages are limit-ed to the greater of the value ofthe contractor’s repair offer, ormonetary settlement offer; andthe homeowner’s reasonable andnecessary attorney’s feesincurred before the offer wasrejected. Where a contractorfails to make a timely reasonableoffer, the immediately precedingdamage limitations do not apply.Regardless, the current version

Residential Construction Defects

Scott ALAGOOD |

ALAGOOD | CONTINUED ON PAGE 11

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Business Mixers



[email protected]

In October, Villa Grande restau-rants at both of its locations inCross Roads and Denton, hostedDine Out for the Cure events ben-efitting the North Texas Affiliateof Susan G. Komen for the Cure.Each restaurant donated $1,000to Komen North Texas. Courtesy photos

Villa Grande DineOut for the Cure

MacDaddy’s, a macaroni and cheese bar on Fry Street, held its ribboncutting Nov. 7 at 1206 W. Hickory St.

MacDaddy’s Macaroni and Cheese Bar

Courtesy photo

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Voices

price volatility to risk. Valueinvestors know this is silly, typi-cally witnessing two or three 5percent market pullbacks annu-ally, often resulting in at least one10 percent correction. Bear mar-kets of 20 percent or more typi-cally occur every two to threeyears and major plunges of 40percent or more rear their headsonce or twice a decade.

Graham, and his best studentsought these moments of high-volatility to exploit dislocationsbetween price and value. Mostpeople are familiar with the quip,“Be greedy ONLY when othersare fearful.” This goes to theheart of the Mr. Market lesson.

LESSON 2: CIRCLE OF COMPETENCE

So if one believes there aretimes when price does not equalvalue, and that low price-to-valuetime periods are great opportuni-ties to buy vs. high-price-to-valuetime periods being sound timesto sell, successful investors mustdedicate themselves to identify-ing the value of a business. It isonly when you have a highdegree of confidence in the valueof a business that you can identi-fy when Mr. Market is beingmoody.

Graham and Buffett instructus here as well: “Your goal as aninvestor should simply be to pur-chase, at a rational price, a partinterest in an easily understand-able business whose earningsare virtually certain to be materi-ally higher five, 10, 20 years fromnow. Over time you will onlyfind a handful of companies thatmeet these standards — so whenyou see one that qualifies, youshould buy a meaningful amountof stock.”

There are lots of interestingnuggets packed in this quote alsotaken from Buffett’s 1996 letter,but we believe the most impor-tant centers on the “easily under-standable” part. In the universeof 5000 publicly traded stocks inthe U.S., and probably another10,000 more around the world,there are likely a select few the

FITE | CONTINUED FROM PAGE 4

Business Mixers



[email protected]

LEAD Delegates are awarded the Outstanding Mid-Year LEAD Delegateawards.

Denton Chamber ofCommerce quarterlymeeting

The staff of the new Denton Regional Urgent Care Center conducted aribbon cutting and official grand opening Nov. 6 of their new facilityat Rayzor Ranch Marketplace.

Denton Regional Urgent Care Center

Caleb O’Rear, CEO of Denton Regional Medical Center, cuts the ribbonNov. 6 to officially open the Denton Regional Urgent Care Center atRayzor Ranch Marketplace in Denton.

Courtesy photo

Phil Wilson of the TexasDepartment of Transportationspeaks at the Denton Chamber ofCommerce quarterly meeting

Courtesy photos


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The Sheraton at theCapitol is the headquar-ters hotel for the 2013

Denton County Days in Austinon Feb.18 and 19.

Denton County Days isdesigned to acquaint the state’stop elected decision makers andkey agency officials with themany assets of the county, andheighten the overall image andvisibility of the North Texas area.

The registration fee is $75 perperson and includes admission toa reception for all state legislatorsand a breakfast meeting withthe Denton County legislativedelegation, as well as additionalbriefings on pertinent issues.Topics and details are pending.

A joint project of the chambersof commerce of Denton County,this event has been held in con-junction with every regular ses-sion of the Texas Legislaturesince 1987. Nearly 150 NorthTexas area business leaders andlocal government officials trav-eled to Austin in 2011.

Although not specifically con-nected with the Denton CountyDays events, the DentonChamber also helps coordinate ajoint positions agenda with theDenton City Council, DentonISD board and area universities.

Position statements are per-sonally delivered by chamberteams before and after the officialDenton County Days activities.Topics are currently beingreviewed by the chamber’s State& Federal Relations Committee,co-chaired by KimberlyReasoner and Rich Reynolds.

Travel arrangements andovernight accommodations are tobe made by the individual partic-ipants. A special room rate isavailable at the Sheraton throughJan. 15 for those identifyingthemselves as being with the“Denton County Days” group.Call the Sheraton directly tomake reservations, 512-478-1111.

CHUCK CARPENTER ispresident of the DentonChamber of Commerce. He canbe reached at 940-382-9693 [email protected].

Chuck CARPENTER |

Denton County Daysplanned for February

Enterprising Voices

of RCLA seems to prohibit ahomeowner from recovering anydamages other than the follow-ing reasonable and necessarydamages which are proximatelycaused — must be “foreseeable”— by a construction defect: costof repairs; cost for the replace-ment or repair of goods dam-aged in the residence; engineer-ing and consulting fees; expens-es for temporary housing; orreduction in fair market valuerelated to any structural failureand attorney’s fees. Note that theheightened causation standardof “proximate cause” is reintro-

duced, and the limitations ondamages supplied by RCLAappear to completely remove thestatutory mental anguish andmultiplication of damages whichwould otherwise be allowed bythe DTPA.

Finally, under RCLA, eitherthe homeowner or the contrac-tor may force the constructiondefect disputes to be mediated.

As you can see, constructiondefect claims can be extremelycomplicated for both the home-owner and the builder.

Failure to follow the statutoryrequirements of RCLA may haveserious consequences for eitheror both parties. Therefore, if you

find yourself in such a situation,it is always advisable to seek theadvice of a competent attorneywho regularly deals with con-struction defect cases.

SCOTT ALAGOOD is Board

Certified by the Texas Board ofLegal Specialization in bothCommercial and ResidentialReal Estate Law and may bereached at [email protected] and www.dentonlaw.com

ALAGOOD | CONTINUED FROM PAGE 6

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RAYZOR RANCH KEEPSBUILDING

Throughout the year theRayzor Ranch development,located on U.S. Highway 380,added a slew of smaller storesand businesses at itsMarketplace, which is also hometo Sam’s Club and Wal-mart.And it ended the year on a highnote with the announcementthat Kohl’s would be coming tothe Marketplace while Dillard’swould be coming to the TownCenter, a project that’s been onhold since 2007.

There is currently a Dillard’sat Golden Triangle Mall andofficials with both entities

weren’t immediately surewhether the retailer would oper-ate two stores in Denton.

Along with Kohl’s, RayzorRanch officials announcedFamous Footwear, Petco and aJo-Ann Fabric and Craft wouldalso open in the Marketplace in2013.

Some of the other additions tothe Marketplace include CowboyChicken, which features a realwood-fired rotisserie chicken,Denton Regional MedicalCenter’s new Urgent CareCenter, Top That! Pizza,Mooyah, Denton’s second loca-tion for the hamburger restau-rant and Villa Grande, a Mexican

and Tex-Mex restaurant.

GOLDEN TRIANGLE MALLKEEPS RENOVATING

Across town, the GoldenTriangle Mall, located on Loop288, made strides in its renova-tion project, which will continueinto the new year. It updated itsinterior with a new center courtand many of the storefrontsreceived facelifts. In 2013, therenovations will focus on theexterior as well as the expansionof the mall’s existing food court.

The mall was purchased inNovember 2011 by GTMDevelopment Ltd., a limitedpartnership between Cencor

Realty Services and MGHerringGroup, an Arizona-based EnPertignus Holding Corp., awholly owned subsidiary ofJPMorgan Chase & Co.

The Golden Triangle Mallbegan construction on the inte-rior. Renovations on the765,000-square-foot shoppingcenter began in April.

STERLING FRY STREETOPENS

Over by the University ofNorth Texas, the Sterling FryStreet development changed thelandscape around Cool Beans.The mixed-use developmentopened its 194-unit apartmentcomplex for college studentswith 614 beds. It also added sev-eral restaurants to its 10,500-square-foot retail space, includ-ing Potbelly Sandwich Shop,Chipotle Mexican Grill,

MacDaddy’s Macaroni andCheese Bar and Yogurtland.Another restaurant GRIPMediterranean Grill shouldopen later next year.

MOVING OUT AND MOVING IN

Denton had to say goodbye toseveral businesses throughoutthe year.

In January, officials withNucor Corp., the country’slargest steel manufacturer andthe parent company ofNuconsteel, announced plans toleave the business of fabricatinglight-gauge steel framing andclose its division located at 525S. Locust St.

Nucor entered the residentialand commercial light-gaugesteel framing business inNovember 2001 with the acqui-sition of Itec Steel Inc., which

Cover Story

Business review 2012Photo by David Minton

Renovations will begin soon atGolden Triangle Mall on Loop288, including new entrances anda new food court.

By Rachel Mehlhaff

Denton welcomed new businesses, renovations andcontinued development in 2012. But it also had tosay goodbye to some favorites.

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became Nuconsteel shortlythereafter.

In addition to its Denton loca-tion, the company terminatedoperations in Dallas, Ga. Nucorhas facilities in the U.S. andCanada.

Kirkland’s Inc. alsoannounced in January it wouldclose its Denton location. But inits place, the Denton Crossingshopping center off Loop 288gained Rue21, a national cloth-ing store for young adults.

Fremaux’s MetropolitanCatering closed its doors inJune, after more than a decadeof catering for Denton residents.

Chuck Fremaux, owner of the13-year-old catering business,cited a variety of reasons for theclosure, including other weddingvenues and event facilities open-ing in Denton and making itchallenging for his business.

In July, Hastings Books Musicand Video went out of businessbecause profits were down. TheDenton location employed 35full-time and part-time employ-ees.

As the year came to a close,Amy and Joey Hawkins, whoown both Jupiter House loca-

tions, announced they’d be shut-ting the Jupiter House-Europalocation at 503 W. UniversityDrive. The couple plans toreplace it with a bagel shop —Royal’s Bagel and CinnamonRoll — next year.

Another coffee shop acrosstown also announced it wasclosing.

After three-and-a-half yearsin business, the owners of CafeDu Luxe announced that theywill be closing their restaurantlocated inside the Unicorn Lakedevelopment.

Another big surprise at theend of the year was theannouncement that Love Shack,a burger joint at 115 E. HickorySt. that had only been in busi-ness for 18 months, would beclosing.

A sign outside the restaurantstated that owner Tim Lovewould be “re-designing and ren-ovating the space, which willopen with a new concept inearly 2013.”

But Denton also welcomedsome new businesses in 2012,including Hoochie’s Oyster Bar,which opened on Bell Avenue inthe spring, offering a relaxing

atmosphere where people canhang out, listen to live musicand enjoy seafood.

Owner John Blackwood hasbeen working on revamping theold yellow house since lastOctober with his business part-ner, Sam Solomon.

Peerless Manufacturing Co.broke ground on a more than30-acre lot near Denton Airportin the fall. Slated to open in thesummer of 2013, the approxi-mately 80,000-square-footmanufacturing facility — withroom for expansion — morethan triples the size of the com-pany’s current approximately22,000-square-foot facility inthe 1100 block of Duncan Street.The new facility’s price tag totalsabout $9 million, according tocompany officials. When thefacility is fully operational, thecompany looks to employ about160 people.

HOTELIERS EXPRESS CONCERN

Early on in the year, hoteliersexpressed concerns about thecity’s proposed convention center

Photo by David Minton

ABOVE: The windows of the Love Shack restaurant have been covered and advertise that the burger jointof Fort Worth celebrity chef Tim Love will be replaced by a new restaurant concept in early 2013.

Photos by Al Key

TOP RIGHT: A Charter Communications employee installs cable in front of the Sterling Fry Street develop-ment on Hickory Street in May.

BOTTOM RIGHT: Construction gets underway in October on the new Kohl’s store at Rayzor Ranch.

REVIEW | CONTINUED ON PAGE 14

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with an attached full servicehotel with about 300 rooms,calling the hotel market “fragile.”

The proposed center at theformer site of the RadissonHotel, dormant since 2009,revived at the beginning of theyear with an unsolicited propos-al from Missouri-based O’ReillyHospitality Management LLC. Apreliminary agreement betweenDenton, O’Reilly and UNT,which owns the land, shows cityleaders paying for the $25 mil-lion convention center with city

tax revenue from the project andlease payments from O’Reilly.

After hearing about therevived project, Denton hotelowners wrote a letter to the city’sdirector of economic develop-ment saying because of the stateof the lodging environment thenew hotel would pull revenueaway from existing ones. About1,000 of the 2,100 hotel roomsin Denton are empty everynight, driving down earnings solow that some owners are hav-ing trouble making their mort-gages.

The hoteliers asked the city to

update its 2009 hotel marketstudy but city officials said theyalready invested in a study.

Hoteliers have been clear thatit’s not the convention centerthat concerned them but thehotel attached to it.

UNEMPLOYMENT SAWDECLINE

The unemployment ratedeclined during the first fewmonths of the year thenincreased during the summermonths before beginning todecline again in the fall.

In July, Erica Sullivan, eco-

nomic development analyst forthe City of Denton, said theincrease in unemployment inthe summer occurs every yearbut that the city’s rate remainslower than the county, state ornational averages.

Unemployment was on thedecline again in August andcontinued to decline intoSeptember but holding flat inOctober.

While unemployment sawimprovement most of the year,Peterbilt Motors Co. had tworounds of layoffs in July andOctober. The truck manufactur-

ing company with a plant at3200 Airport Road laid off 250employees in July. It wouldn’tdisclose the number of employ-ees laid off in October.

Unless Peterbilt submits anotice under the WorkerAdjustment and RetrainingNotification Act, the exact num-ber of employees laid off doesn’thave to be disclosed to the cityor the state.

RACHEL MEHLHAFF canbe reached at 940-566-6889.Her e-mail address [email protected].

REVIEW | CONTINUED FROM PAGE 13

Thank you, City of Dentonand Denton communityfor a most rewarding

career. It has been my pleasure towork in the EconomicDevelopment Department for theCity of Denton for more than 22years. My life is so different thanI ever imagined it might be, andthat’s because of the incredibleopportunities and challengesplaced before me during my termas director of economic develop-ment, and the support of friends,colleagues and many leadersthroughout the community.

I’ve always said that mine isthe best job in the city. I have thebest staff and we have the mostfun getting our work done.There are probably a few otherdirectors who might contend thattheirs is the best job — but theywould be wrong! I’ve had thehonor to work with wonderfulCity Council members who dedi-cate a tremendous amount oftheir time and energy to Dentonjust because they care about thecommunity. I’ve worked underfive great city managers and haveformed life-long friendships with

some pretty fantastic people. People say you are lucky when

you are in the right place at theright time. I have been very lucky.There is no better place for aneconomic development profes-sional. The city and the chamberhave a strong partnership, and Iam eternally grateful for ChuckCarpenter and Karen Dicksonwho continue to share the vision.In Denton we are so fortunate tohave a diverse business base.We’ve seen the economy in othercities spiral down when a majoremployer leaves or closes. And,sadly, due to the economy or anumber of other reasons, we’veseen some of our larger Dentonbusinesses close their doors —Moore Business Forms, Texas

Instruments, AndrewCorporation, and RussellNewman to name a few.However, the community contin-ues to thrive and new businesseshave kept Denton’s head abovethe recessionary waters — UnitedCopper, Flowers Foods,Schlumberger, Fastenal andLabinal are some. Several of ourexisting businesses have done sowell that they expanded — likeSally Beauty, Peterbilt, Jostensand Mayday.

There are so many reasonswhy I’m proud to be in Denton:incredible medical facilities, twogrowing universities, a vibrantarts and entertainment commu-nity and the most generous,involved citizens. I’m so happy tohave been here to see our down-town redevelop and to see thearrival of the commuter rail. As Iretire, I just wanted to say, “thankyou, Denton.” You were by myside as I became a UNT alum,you witnessed the high schooland college graduations of mychildren, and you grieved withme over the passing of my hus-band. You are the best!

LINDA RATLIFF is thedirector of economic develop-ment for the City of Denton.

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Enterprising Voices

Saying ‘thank you’

Linda RATLIFF |

average investor can trulyunderstand well. This is whatGraham calls a “circle of compe-tence”.

There is no reason for aninvestor to chase the latestsocial-media darling, South-African gold miner or phase-three Alzheimer-drug maker.There is little chance any ofthese truly lie within your circleof competence. But we bet justabout anyone reading this article— with some basic lessons onvaluation — could assess thefuture prospects of Coca-Cola,Wal-mart or Berkshire-Hathaway.

My business partner and Ispend a lot of time trying toexpand our circle of compe-tence. That is why you haveseen articles these past few yearscovering companies like Shaw

Industries (a power-plant con-tractor), Nu Horizons (an elec-tronics component distributor),and Bronco Drilling (an on-shore rig operator) in additionto the more familiar namesabove. But we are professionalfund-managers. This is our full-time vocation, even passion.

But the average investor cando quite well knowing, under-standing and following a hand-ful of simple companies. If youtruly build a circle of compe-tence around a company, thenyou will know when the marketprice has drifted away from truevalue of your business — andyou can invest accordingly.

The key here is the vastmajority of businesses shouldsimply be put on the too hardpile. There are no called strikesin this game. There is no penal-ty for not swinging. Pick yourpitches and hit the fat ones.

LESSON 3: MARGIN OFSAFETY

Now you know price does notalways equal value and you havespent enough time to understanda particular business to recognizewhen this phenomenon is occur-ring. The third lesson simplysays only buy when you have abig enough margin of safety toaccount for the fact you might bewrong in your assessment.While the goal of any investmentis to make money, first and fore-most, we need to do all we can toprevent losses.

If we think about capitalpreservation first, we buy with ahigh degree of confidence ourdownside is protected. Then, ifour assessment of the price ver-sus value equation is correct,when Mr. Market realizes he wasbeing silly and offers a more fair



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Enterprising Voices

price for your business, your mar-gin of safety turns into yourupside.

Sometimes Mr. Market maywake up from his depressionquickly, sometimes it takes three,four or five years. The key is toonly buy at a big enough discountso that if business conditionsworsen the likelihood of true cap-ital losses are low, and so that ifyou have to wait a while for Mr.Market to perk up, you areappropriately compensated foryour patience.

LESSONS 4: GREAT BUSINESSES

While the first three lessonsflow straight from the teacher,Buffett expanded upon these coreprinciples as his investmentcareer matured. In contrast toBuffett’s early years as a hedgefund manager when he oftenbought average businesses pricedat large discounts to their liquida-tion value, as Buffett’s investmentcompany grew and his availableuniverse of investment opportu-nities shrank, he narrowed hisfocus to high quality businesses.

While still applying Graham’slessons, Buffett found buyinggreat business at a fair price was

easier, and safer, than buyingmediocre businesses at a greatprice. Over the years, it’s nowonder companies like Coca-Cola, Wells Fargo and Geico havefound their way into his portfolio.All were understandable busi-nesses. All were bought at timeswhen the market price was wellbelow their intrinsic value, creat-ing large margins of safety.

But perhaps more importantly,these businesses were of suchhigh quality, their long-termearnings power nearly guaran-teed their worth would increasesubstantially over the years, wellahead of the eroding effects ofinflation. Given our govern-ment’s penchant for steadydebasement of our currency, thisis very meaningful over long peri-ods of time.

In our own fund, we have theluxury of a much wider universeof opportunities versus Buffett.This flexibility allows us to go towhere the best values happen tobe — whether that’s in Wal-mart,the world’s largest retailer, orMiller Energy Resources, amicrocap oil and gas company inAlaska. But most investors arelikely to do just fine if they con-fine their short list to the world’sbest businesses, where their circleof competence is likely to be the

strongest, and buy them whenthe market assumes these domi-nant players will never growagain.

LESSONS 5: GREAT MANAGERS

The corollary to great busi-nesses is great leaders at theirhelms. In the mid-80s, Buffettonce explained managementreally only has two jobs: the firstis to find, hire and retain the besttalent to run the operations of abusiness; the second is capitalallocation. Unfortunately mostmanagement teams are terribleat this.

Over the course of theircareers, most Chief ExecutiveOfficers demonstrate remarkableskills in sales, or marketing, orproduction, or research anddevelopment — and they rise tothe top based on these skills. Butnone of these skill sets necessarilyteach the leader how to invest.

This is evidenced by most ofthe merger and acquisition activi-ty CEOs initiate. Over the years,few deals have actually benefitedshareholders, increasing theintrinsic value per share of theenterprise. Instead, most dealsfuel the CEO’s animal spirits togrow larger simply for the sake ofbeing larger, to bid up acquisition

candidates because their com-petitors are bidding too, to useshareholder funds like monopolymoney since most CEOs own toolittle of the enterprises they run.The disastrous exploits byHewlett-Packard’s bevy of over-paid and under aligned CEOsover the past few years quicklycome to mind.

One of the ways to combat thisis to narrow your target list ofcompanies to those who havegreat managers at the top.Managers who own several mul-tiples of their annual salary incompany stock are more likely torun the business with an owner’smentality, one that maximizesshareholder value rather thanone that simply expands theCEOs sphere of power.

Companies with long recordsof high Returns-on-Equity(ROE) are often businesses whohave disciplined capital allocatorsas well. Only when managerseffectively invest the shareholder’smoney will long-term ROE beabove average.

In our own fund, this criterionis key to our investment deci-sions. Having managers who areheavily aligned with shareholdervalue helps ensure destructivecapital allocation decisions areavoided, and when companies

find themselves priced belowtheir intrinsic value, these man-agers can help shareholders byinitiating accretive share repur-chases. This tax-efficient exploita-tion of the price-to-value gap actson behalf of shareholders whenthey may not have funds to do itthemselves, and increases share-holder returns over time.

While these five lessons are notan exhaustive list of all the learn-ings from Graham and Buffett’svalue investing philosophy, theycomprise a core framework ofprinciples for all rationalinvestors. In our own fund, wesupplement these with other val-uation, portfolio managementand macro-economic insights.But if investors simply keep thesefive in mind, the power of the les-sons may change your life as well.

JONATHON FITE is a man-aging partner of KMFInvestments, a Texas-basedhedge fund, and an adjunctprofessor with the College ofBusiness at the University ofNorth Texas and the Universityof Arkansas. This column isprovided for general interestonly and should not be con-strued as personal investmentadvice. Comments may be sentto [email protected].


17

Dec.12


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Vital Statistics

Denton CountyLease: Ace Unit AOperator: Williams Prod. Gulf Coast LPLocation: 188.8181-acre lease, H. Turner, A-1248;Within City of LewisvilleField: Newark, East [Barnett Shale]Total Depth: 8454'

Lease: Ace Unit "B"Operator: Williams Prod. Gulf Coast LPLocation: 206.1271-acre unit, B. Hunter Survey, A-554;Within LewisvilleField: Newark, East [Barnett Shale]Total Depth: 8471'

Lease: Ace Unit "C"Operator: Williams Prod. Gulf Coast LPLocation: 225.3377-acre unit, B. Hunter Survey, A-554;Within LewisvilleField: Newark, East [Barnett Shale]Total Depth: 8441'

Lease: Alliance Airport KS UnitOperator: Quicksilver Resources Inc.Location: 844.31-acre unit, T.S. Reyburn Survey, A-1130; 3.3 Miles NE of HasletField: Newark, East [Barnett Shale]Total Depth: 7497'

Lease: Alliance Graphics UnitOperator: Quicksilver Resources Inc.Location: 244.687-acre unit, T.S. Reyburn Survey, A-1130; Within Fort WorthField: East Newark [Barnett Shale]Total Depth: 7480'

Lease: Alliance Speedway UnitOperator: Quicksilver Resources Inc.Location: 816.85-acre unit, M. Polk Survey, A-993 1.8Miles SW of JustinField: East Newark [Barnett Shale]Total Depth: 7681'

Lease: Alliance Speedway UnitOperator: Quicksilver Resources Inc.Location: 816.85-acre unit, M. Polk Survey, A-993 1.8Miles SW of JustinField: Newark, East [Barnett Shale]Total Depth: 7681'

Lease: Atcheson-Hudson UnitOperator: Burlington Resources O & G Co. LPLocation: 352-acre unit, BBB&C RR Co. Survey, A-109;0.9 Miles SE of SlidellField: East Newark [Barnett Shale]Total Depth: 9000'

Lease: Baker - Shoop "B" [SA]Operator: Devon Energy Production Co. LPLocation: 1211.515-acre unit, T. H. W. Forsyth Survey,A-433; 3 Miles NW of JustinField: Newark, East [Barnett Shale]Total Depth: 7936'

Lease: Buckley "A" UnitOperator: Burlington Resources O & G Co. LPLocation: 155.57-acre unit, R. Williams Survey, A-1335;7.3 Miles NW of KrumField: Newark, East [Barnett Shale]Total Depth: 6884'

Lease: Chen Unit "A"Operator: Williams Prod. Gulf Coast LPLocation: 163.2104-acre unit, J. Watkins, A-1327;Within City of Lewisville, Tx.Field: Newark, East [Barnett Shale]Total Depth: 8492'

Lease: Chen Unit "A"Operator: Williams Prod. Gulf Coast LPLocation: 163.2104-acre unit, J. Watkins Survey, A-1327; Within LewisvilleField: Newark, East [Barnett Shale]Total Depth: 8501'

Lease: Chen Unit "B"Operator: Williams Prod. Gulf Coast LPLocation: 145.8137-acre unit, J. Watkins Survey, A-1327; Within LewisvilleField: Newark, East [Barnett Shale]Total Depth: 8533'



Lease: Clara Lyles DunnOperator: Devon Energy Production Co. LPLocation: 908.66-acre unit, A.J. Hitchcock Survey, A-610; 3.4 Miles NW of PonderField: East Newark [Barnett Shale]Total Depth: 8349'

Lease: Clara Lyles DunnOperator: Devon Energy Production Co. LPLocation: 908.656-acre unit, A.J. Hitchcock Survey, A-610; 3.4 Miles NW of PonderField: Newark, East [Barnett ShaleTotal Depth: 8349'

Lease: Clara Lyles DunnOperator: Devon Energy Production Co. LPLocation: 908.656-acre unit, A.J. Hitchcock Survey, A-610; 3.3 Miles NW of PonderField: East Newark [Barnett Shale]Total Depth: 8319'

Lease: Clara Lyles DunnOperator: Devon Energy Production Co. LPLocation: 908.656-acre unit, A.J. Hitchcock Survey, A-610; 3.3 Miles NW of PonderField: Newark, East [Barnett ShaleTotal Depth: 8319'

Lease: Cobb UnitOperator: Williams Prod. Gulf Coast LPLocation: 263.7644-acre unit, B. Hunter Survey, A-554;Within LewisvilleField: Newark, East [Barnett Shale]Total Depth: 8524'

Lease: Cole Trust StonyOperator: Encana Oil & Gas [USA] Inc.Location: 519.87-acre unit, A. Wetherly Survey, A-1363;9 Miles WSW of KrumField: East Newark [Barnett Shale]Total Depth: 8112'

Lease: Cole Trust StonyOperator: Encana Oil & Gas [USA] Inc.Location: 519.87-acre unit, A. Wetherly Survey, A-1363;9 Miles WSW of KrumField: Newark, East [Barnett ShaleTotal Depth: 8112'

OIL AND GAS LISTINGSThe following oil and gas reports for the month of November were posted by oilandgasreports.com LLC, P.O. Box1540, Corpus Christi, TX 78403. For more information, visit www.oilandgasreports.com.

Lease: Cummings "B"Operator: Williams Prod. Gulf Coast LPLocation: 324.1678-acre unit, J. West, A-1414; 4.7Miles NW of Flower MoundField: Newark, East [Barnett Shale]Total Depth: 8343'

Lease: Cummings "B"Operator: Williams Prod. Gulf Coast LPLocation: 324.1678-acre unit, J. West, A-1414; 4.7Miles NW of Flower MoundField: Newark, East [Barnett Shale]Total Depth: 8343'

Lease: Cummings "B"Operator: Williams Prod. Gulf Coast LPLocation: 324.167-acre unit, J. Burke Survey, A-1414;4.7 Miles NW of Flower MoundField: Newark, East [Barnett Shale]Total Depth: 8346'

Lease: Dr. Bob Smith "A" WestOperator: Williams Prod. Gulf Coast LPLocation: 88.419-acre unit, MEP&P RR Co. Survey, A-935; 3.7 Miles W of Flower MoundField: Newark, East [Barnett Shale]Total Depth: 8223'

Lease: Harris Ranch - Westgate [SA]Operator: Vantage Fort Worth Energy LLCLocation: 198.8-acre lease, BBB&C RR Co., A-141; 3.8Miles NW of DentonField: Newark, East [Barnett Shale]Total Depth: 9000'

Lease: Harris Ranch - Westgate [SA]Operator: Vantage Fort Worth Energy LLCLocation: 198.8-acre lease, BBB&C RR Co., A-141; 3.8Miles NW of DentonField: Newark, East [Barnett Shale]Total Depth: 9000'

Lease: Harris Ranch - Westview [SA]Operator: Vantage Fort Worth Energy LLCLocation: 198.82-acre lease, R. Whitlock Survey, A-1403; 3.8 Miles NW of DentonField: East Newark [Barnett Shale]Total Depth: 9000'

Lease: Higgs UnitOperator: Burlington Resources O & G Co. LPLocation: 337.52-acre unit, BBB&C RR Co. Survey, A-165; 1.9 Miles SE of SlidellField: East Newark [Barnett Shale]Total Depth: 9000'

Lease: Jean YoungOperator: Burlington Resources O & G Co. LPLocation: 540.95-acre unit, S. Winfrey Survey, A-1319;3 Miles N of PonderField: East Newark [Barnett Shale]Total Depth: 9000'

Lease: Lau [SA]Operator: Devon Energy Production Co. LPLocation: 1911.55-acre unit, A. M. King, A-710; 5 MilesSW of JustinField: East Newark [Barnett Shale]Total Depth: 9000'

Lease: Lau [SA]Operator: Devon Energy Production Co. LPLocation: 1471.55-acre unit, C. Perry Survey, A-1031; 6Miles SW of JustinField: East Newark [Barnett Shale]Total Depth: 9000'

Lease: Porter-Nicholson [SA]Operator: Devon Energy Production Co. LPLocation: 1231.15-acre unit, Hrs C. Manchaca Survey,A-789; 1.7 Miles E of Ponder

| CONTINUED ON PAGE 19

Check out the Denton Business Chronicle online atdentonrc.com/businesschronicle

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Vital Statistics

75065Jana Lynn Lumley, The Everlasting Image, 222 BarkleyDrive, Hickory CreekLesa Ann Synoground, Phoenix Mechanical, 208 HickoryLane, Hickory CreekMardi Ahring, Mardi Darlin Originals, 4 ChasewoodCircle, Hickory CreekPatti Lynn Stovall Home, 709 Payton St., Lake DallasRozanne P. Sleigh, Sleigh Belle Creations, 16 RobinsNest Drive, Hickory Creek

75068BIR JV LLP, BIR JV LLP, 2700 E. Eldorado Parkway,Suite 409, Little Elm David M. Kuite, 469design, 1616 Island Bay Way, LittleElmGinger K. McGovern, Studio G Designs, 14528 RichmondCircle, Little Elm Intergalactic Communication Inc., Boost Mobile, 407 W.Eldorado Parkway, Suite 15, Little ElmJeff Falcon, Granite Galore and More, 2321 MagnoliaDrive, Little ElmLuz Elinda Bonilla, Astro Auto Sales, 1013 LakeviewCourt, Little ElmMelissa D. Devor, Melissa Devor, 2313 Dawn MistDrive, Little ElmRobert Earl Adams, Top To Bottom Casuals, 2404Greenbrook Drive, Little ElmVladimir G. Carballo, Arthur's Salon, 800 W. EldoradoParkway, Suite 114, Little ElmXavier Alonzo Jr., Xavier Alonzo Training Center, 521Witt Road, Little Elm

76201

Hans Peter Roehrig, Hans Handel, 1614 W. Hickory St.,DentonJennifer Fries, Steelvenus, 900 McCormick St., Apt. B,DentonJeremy K. Speight, North Texas Vapor Shop, 347 E.Hickory St., DentonJohn H. Jezek, Denton Skin Care and Spa, 919 S. CarrollBlvd., Suite 101, Denton Laws Of Nature LLC, Laws of Nature LLC, 425 I.O.O.F.St., Apt. 1714. DentonMichelle Guynes and William Guynes, Denton VapeShoppe, 706 S. Locust St., Denton Pie Five Restaurants Inc., Pie Five Pizza Co., 1120 W.Hickory St., DentonRyan T. Crocker, Ryan T. Crocker, 728 N. Elm St., Suite100, Denton Topper LLC, Serendipity On The Square, 108 W. Oak St.,Suite 102, DentonVitamin Cottage Natural Food Markets Inc., Natural Grocers By Vitamin Cottage, 110 W. UniversityDrive, Denton

76205Angel A. Briceno, AABV Comms, 905 Dudley St.,DentonAztec Equipment Sales & Rentals LLC, Aztec EquipmentSales & Rentals LLC, 2241 Hollyhill Lane, DentonGolden Triangle Fashion Inc., Golden Triangle FashionInc., 2201 S. I-35E, Suite M11, DentonNancy Arenas Et Al, Times and Seasons Eco Ideas, 2100Spencer Road, Apt. 3610, Denton Robert D. S. Davis, Nitepop Investments, 1776 TeasleyLane, Suite 111, DentonRon T. Hammer, Koko's Hair, 2436 S. I-35E, Denton

SALES TAXThe following sales permits were issued by the State Comptroller’s Office for November. The list includes the owner,name of business and address within the area codes of 75034, 75065, 75068, 76201, 76205, 76207, 76208, 76209,76210, 76226, 76227, 76234, 76249, 76258, 76259 and 76266.

Victoria's Secret Stores LLC, Victoria's Secret StoresNo. 352, 2201 S. I-35E, Denton

76207AAA Denton Fire and Safety Inc., AAA Denton Fire andSafety Inc., 2273 N. Masch Branch Road, Suite 300,Denton Bernadine M. Barefoot, Grandma Bunnie's Quilts &More, 3404 Shadow Trail, DentonC2M2 Construction Inc., Cap Construction, 2281 N.Masch Branch Road, Suite 3, DentonTristate ETX LLC, Tristate ETX LLC, 3311 N. I-35, Suite120, Denton

76208April Anderson, Picture Bungalow, 3923 Morse St.,Suite 112, DentonCrystal Dewoody, Sugar Shake Cakes, 4008 HickoryLane, DentonDebra Brumbelow, Western Decor and Crafts, 1416 LaMirada, DentonKimberly M. Meier, Refined Design, 109 Cielo Lane,Shady ShoresLeah A. Rhodes-Linville, Design Sew By Leah, 5301 E.McKinney St., Trailer 84, DentonMerideth Pruiett Laredo, Radiant Property Care, 4506Springtree Road, Corinth Randy S. Hyman, Bugless Windows of Texas, 5001 ParDrive, DentonTealstone Residential Concrete Inc., TealstoneResidential Concrete Inc., 2612 Sirius Road, DentonWilke Stone Company LLC, Wilke Stone Company LLC,7812 Hinkley Oak Drive, Denton

76209Flowers Baking Co. of Denton LLC, Flowers BakingCompany Thrift Store, 400 N. Loop 288, Denton M.J. Gerson & Co. Inc., M.J. Gerson & Co. Inc., 2825


OIL AND GAS LISTINGS

Field: Newark, East [Barnett Shale]Total Depth: 8450'

Lease: Rayzor West Gas Unit No. 5HOperator: Eagleridge Operating LLCLocation: 395.3-acre lease, J. Perry Survey, A-1040;Within DentonField: East Newark [Barnett Shale]Total Depth: 8600'

Lease: Rayzor West Gas Unit No. 5HOperator: Eagleridge Operating LLCLocation: 395.3-acre lease, J. Perry Survey, A-1040;Within DentonField: East Newark [Barnett Shale]Total Depth: 8600'

Lease: Riley-Little Brook [SA]Operator: Vantage Fort Worth Energy LLCLocation: 412.16-acre lease, S. Huzar, A-514; 0 WithinDentonField: Newark, East [Barnett Shale]Total Depth: 9000'

Lease: Robson RanchOperator: Encana Oil & Gas [USA] Inc.Location: 2073.8-acre unit, M. Scurlock Survey, A-1141;Within DentonField: East Newark [Barnett Shale]Total Depth: 8227'

Lease: Robson RanchOperator: Encana Oil & Gas [USA] Inc.Location: 2073.8-acre unit, M. Scurlock Survey, A-1141;Within Denton

Field: Newark, East [Barnett Shale]Total Depth: 8227'

Lease: Smith-Yorlum UnitOperator: Eagleridge Operating LLCLocation: 329.7-acre unit, W. Bryan, A-148; 0 WithinDenton, TxField: East Newark [Barnett Shale]Total Depth: 8800'

Lease: Smith-Yorlum UnitOperator: Eagleridge Operating LLCLocation: 329.7-acre unit, W. Bryan, A-148; 0 WithinDenton, TxField: East Newark [Barnett Shale]Total Depth: 8800'

Lease: Smith-Yorlum UnitOperator: Eagleridge Operating LLCLocation: 329.7-acre unit, W. Bryan, A-148; 0 Miles ofDenton, TxField: Newark, East [Barnett Shale]Total Depth: 8800'

Lease: W/J Lakes North UnitOperator: Hillwood Energy Texas LPLocation: 594.4846-acre unit, BBB&C RR Co. Survey, A-158 1.5 Miles NW of Argyle, TxField: Newark, East [Barnett Shale]Total Depth: 8562'

Lease: W/J Lakes North UnitOperator: Hillwood Energy Texas LPLocation: 594.4846-acre unit, BBB&C RR Co. Survey, A-158; 1.5 Miles NW of Argyle, TxField: East Newark [Barnett Shale]Total Depth: 686187

| CONTINUED FROM PAGE 18

20

Dec.12


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Vital Statistics

Certificates Of Occupation100 W. Oak St., No. 300, Magiclamp Network100 W. Oak St., No. 301, Magnus Pacific Corp.100 W. Oak St., No. 302, Jackson and Hagen Law100 W. Oak St., G-100, Bookkeeper Girl Inc.100 W. Oak St., G-101, Pierce and Associates100 W. Oak St., G-103, Farmers Insurance100 W. Oak St., G-109, Gwynn Logistics LLC100 W. Oak St., G-111, Bookkeeper Girl 1000 Johnson St., Pacific Labs LLC1417 E. McKinney St., 220 and 230, Roger Yale LawOffices

Commercial AlterationAllstate Insurance, 214 S. Bell Ave., No. 1104

American Eagle, 1113 Dallas DriveBates Martin Srchitects, 521 S. Loop 288, No. 105City Of Denton, 601 E. Hickory St.Creekwood Contracting, 1451 Centre Place DriveCrickee’s and Co., 2430 S. I-35E, No. 136DI 2 – Denton 1 LLC, 113 W. Hickory St.EV Lutheran Good Samaritan, 3901 Monetcito Drive,No. 917-920EV Lutheran Good Samaritan, 3901 Monetcito Drive,No. 917-920EV Lutheran Good Samaritan, 3901 Monetcito Drive,No. 924-926EV Lutheran Good Samaritan, 3901 Monetcito Drive,

BUILDING PERMITSThe following building permits were issued by the Denton Planning and Development department in November.Commercial alterations and commercial permits reflect the owner or tenant and the address of the business.Residential permits include the address and the total valuation of the home.


Aaron C. Bitter, Ace Legal Services DFW, 109 S.Woodrow, Suite 400, DentonAdolfo Perez, Castaneda Stairs and Trim, 3939 TeasleyLane, No. 123, DentonAerron Dowdy, Represent 100 Entertainment, 417Kingfisher Lane, DentonAerron Dowdy, Urban Legend, 417 Kingfisher Lane,DentonAerron Dowdy, Xquisite Xotic Collection, 417 KingfisherLane, DentonAlyssa Vieira, A Plus Administrative Services, 6701Wellston Lane, DentonArcadio Pizarro Jr., SEOPOP, 1501 S. Loop 288, No. 104,DentonArmando R. Galvan, Dinamita Concrete Construction,1713 White Oak Court, DentonBolivar Diaz, Delicious, 1201 E. University Drive, DentonDane Crew, S.O.S. Pest Control, 5304 Kay Anne, DentonDaniel R. Cagle, Buzzard Billy's Bail Bonds, 1504 E.McKinney St., No. 300, DentonDarren Hill, 44 Flagstone and Landscaping, 2403Wellington Drive, DentonDawn of Hope International, Mafra Ministry, 2206Picadilly, DentonDawson Cook, Lee Malone's Sliders and Fries, 2111Emerson Lane, DentonDell and Melissa Upshaw, The Therapy Spot, 116 E.Prairie St., DentonDennis J. O'Donnell, Queen of all Hearts Catholic Booksand Gifts, 8005 Mirror Rock Lane, DentonFlorencio Luengas, Luengas Company, 1113 SavageDrive, DentonFrank W. James, Double Eagle Hatchery, 175Cunningham Road, DentonFrank W. James, Panhandle Windmills, 175 CunninghamRoad, DentonFrank W. James, S&F Performance, 175 CunninghamRoad, DentonHector Alonso Morales, Alonso Contractors, 2816Hillcroft, DentonHyunkook Lee, 7 Recycling Inc., 1200 Fort Worth Drive,DentonJames I. McBride, McBride Repair and Remodel, 8009Settlement Drive, DentonJasmin James, Woodwork Artistry, 715 Acme St.,DentonJennifer M. Tyler, Tyler Delivery and Freight, 6417Saddleback Drive, DentonJeremy Speight, North Texas Vapor Shop, 347 E.Hickory St., DentonJohn Burgess, Bilingual Bail Bonds, 1504 E. McKinneySt., Suite 600, DentonJon Hoggatt, Industrial Systems and Components, 6808Purbeck Trail, DentonJonathan Covey, Green Stripe Landscaping, 3309Hornbeam St., DentonJordan Grimes, Art by Jordan, 309 Garza Road, DentonJoseph E. Stockard, JES Properties LTD, P.O. Box 744,DentonJoseph E. Stockard, The Gaslight Apartments LTD, P.O.Box 744, DentonJoseph E. Stockard, The Marlisa Apartments, P.O. Box744, DentonJosue A. De La Cerda, DLC Brothers Auto Sales, 2401Worthington Drive, Denton

Julio and Rene Gonzalez, Student Tax Center, 326 E.McKinney St., Suite 103, DentonKarek Crawford, Lewisville Overhead Door, 1107Norman St., DentonKatrina L. Jackson, Kae Lashae Boutique, 2560 TowerRidge Drive, No. 421, DentonKeith Walters, Wildwood Inn, 2602 Lillian MillerParkway, DentonLee Oberbacher, Valet Waste Services, 1900Westminster, Apt. 109, DentonLindsay Richardson and Kathryn Young, And Now It's AParty, 1117 Wintercreek Drive, DentonLouie Sims, Sims Enterprises, 9400 Perimeter St.,DentonMarco T. Baquedano and Roberto Perez, Marco DieselMobile Repair, 5301 E. McKinney St. No. 249, DentonMaria Burchard and Yolanda Calderon, Sidewalk CaféDenton, 2900 Wind River Lane, No. 130, DentonMendor Muhametaj, Big Joe's Pizza and Pasta, 2900Windriver Lane, DentonMichael Lindley, Hair Studio, 919 S. Carroll Blvd., Suite100, DentonMichael Lindley, Michael Lindley Hair Studio, 919 S.Carroll Blvd., Suite 100, DentonMichael Lindley, Michael Lindley Hair, 919 S. CarrollBlvd., Suite 100, DentonMostafa M. and Mahnoush Padastpour, In and OutTexaco, 1516 E. McKinney St., DentonNathan and Mariane Reed, WR Properties, 1309Angelina Bend Drive, DentonNathan Reed, RW Holdings, 1309 Angelina Bend,DentonNikki Crouse and Natasha Brito, Austere Magazine,1201 Cleveland St., DentonOkaye Milledge, Yay's Restaurant, 1800 Jason Drive,No. 125, DentonPamela Robinson, GYE, 7901 Mirror Rock Lane, DentonPaul M. Smith, Inform Investigations, 603 Eagle Drive,No. 61, DentonRobert and Scott Davis, Nite Pop Investments, 1601Anna St., DentonRobyn Johnson, Goodie Shack, 7705 Hidden Path Lane,DentonRon Hammer, KoKo's Hair, 2436 I-35 Frontage Road,DentonSalvador Rios Jr., Red Cape Designs, 2401 E. McKinneySt., DentonSiddharatha Goel, Express Lane Exxon, 3628 S. I-35E,DentonSilva Veronica Berumen, Veronica's Salon de Belleza,1013 E. McKinney St., DentonTammy Gonzalez, Pawitively Picturesque PetPhotography, 3917 Maggies Meadow, DentonTammy Gonzalez, Tammy Gonzalez Photography, 3917Maggies Meadow, DentonTammy L. Morris, Roofing Resources, 3112 WidgeonLane, DentonTaylor Mitchell, Pink Lush and Company, 2060Stockridge Road, No. 8307, DentonTeri Gill, Starwood Pools, 3200 Ocean Drive, DentonTerronie Anderson, House of Flava, 1811 Shady Oaks,DentonWhisper Williamson, Whisper's Canine ObedienceTraining, 2524 W. Oak St., No. 151, Denton-

ASSUMED NAMESThe following names (followed by DBA and address) were posted in November in the Denton County Clerk’s Office.

NAME — DBA/ADDRESS NAME — DBA/ADDRESS

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Dec.12


VitalStatisticsSALES TAX.

Foxcroft Circle, Denton TCC Technologies Inc., TCC Technologies Inc., 2825Foxcroft Circle, Denton

76210Bill Fred James, Bill's Mobile Wash, 1717 Oak HillDrive, Corinth Catherine Ruth Cox, Catherine Ruth Cox, 1802 CopperLeaf Drive, Corinth Gloria A. Martinez, Gloria's Etc., 2600 Valley ViewDrive, Corinth Goretti Munirat Ebosele, Adonai Enterprises, 908Kilkenny Court, Denton James A. Tredway, Tredways Bar B Que, 3210 FM2181,Corinth Jay D. Rogers, Kratos Clinic, 1815 Sunflower Drive,Corinth Jeff Oberkrom, Krom Apparel, 33 Wellington OaksCircle, Denton Mendor Muhametaj, Big Joe's Pizza & Pasta, 2900Wind River Lane, Suite 142, Denton Nirma Bonilla Hart, Paint With Flair LLC, 3961 FM2181,Suite C, CorinthPhilip H. Davis, Philip H. Davis, 3021 Hidden SpringsDrive, CorinthRichard Alexander Reid, Reid Your Bottom Line, 1707Morning Glory Drive, Corinth

76226Indepth Environmental Associates Inc., Suma CreekCavaliers, 1585 Land Fall Circle, Bartonville Julie A. Horner, Ambiance Décor, 190 Fawn HollowDrive, Argyle Stefan & Kim Johansson, Johansson Feed -N- Seed, 614Stonecrest Road, Argyle

76227Jeffery J. Holt, Jeff's Pretty Good Knick Knacks &S***, 6430 McNatt Road, Aubrey Larry Neal, Larry Neal, 4339 New Hope Road, Aubrey Next Level/C Perry Builders JV LLC, Next Level/C PerryBuilders JV LLC, 6315 Lone Star Lane, Aubrey

76234Amy Yeatts Warren, Amy Yeatts Warren, 122 PrivateRoad 3005, Decatur Forum U.S. Inc., SVP Products Inc., 2510 N. Highway287, Decatur H-RT Enterprises Inc., RT Arms, 1727 County Road2937, Decatur Lonestar Surgical Specialist P.A., Aesthetic ConceptsCosmetic Surgery Laser & Vein C., 2250 S. FM51, Suite900, Decatur Nabors Completion & Production Services Co., NaborsCompletion & Production Services Co., 2273 N. Highway287, Decatur Pamela Ann Hawkins, Sarah Jane's Flower & Gift Shop,401 E. Walnut St., Decatur

76249Suzana K. Perrolli, Arturo's Italian Kitchen, 208 W.McCart St., Krum

76258Lilia Rodriguez, Rodriguez Taquear¥A Y Restaurant, 108N. Highway 377, Pilot PointNerim Vraniqi, Aviano Italian Restaurant, 1340 N.Highway 377, Suite 120, Pilot Point Pilot Point Motel, Restaurant & Bar LLC, Kathy-N-Bebo's, 1313 N. Highway 377, Pilot Point

76259Bruce J. Dotterer, BD Antler Designs, 405 LonestarPark Lane, Ponder Ponder Athletic Booster Club, Ponder Athletic BoosterClub, 400 W. Bailey St., Ponder

76266Aaron Martin, Clear Creek Forge, 6970 FM455W, SangerPremier Construction Services Inc., PremierConstruction Services Inc., 343 Bob White Way, Sanger


22

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119 Loophole Private Club, 119 W. Hickory St., Denton,$6,598.341512 Club, 1512 W. Hickory St., Denton $01512 Club, 1512 W. Hickory St., Denton $0American Legion Post No. 550, 905 N. Foundation, PilotPoint, $2,810.92Andy's Private Club, 122 N. Locust St., Suite B, Denton,$8,993.88Angelina's Mexican Restaurant, 1400 N. Corinth St.,Suite 111, Corinth, $1,684.06Angelina's Mexican Restaurant, 1400 N. Corinth St., Ste111, Corinth, $1,917.16Applebee's Neighborhood Grill, 707 S. I-35E, Denton,$9,716.84Applebee's Neighborhood Grill, 2672 FM423, Little Elm,$5,395.46Aramark Educational Services, 303 Administration St.,Hubbard, Denton, $470.54Ashton Gardens, 2001 Ashton Gardens Lane, Corinth,$7,312.48B.P.O.E. Denton No.2446, 228 E. Oak St., Denton,$1,165.22Best Western Area Crown Chase, 2450 Brinker Road,Denton, $353.22Black-Eyed Pea, 2420 S. I-35E, Denton, $245.28Bono's Chop House & Saloon, 2025 N. Highway 287,Decatur, $5,025.02Boomerjack Wings No.8, 407 W. University Drive,Denton, $1,213.38Brunswick Zone Denton, 2200 San Jacinto Blvd.,Denton, $2,639.84Buffalo Wild Wings Grill & Bar, 1400 S. Loop 288, Suite110, Denton, $7,323.54Cabana Beverages, 1300 N. I-35E, Denton, $341.88Cabana Beverages, 1300 N. I-35E, Denton, $439.18Casa Torres Mexican Restaurant, 2708 FM51, Decatur,$2,571.52

Chili's Grill & Bar, 600 S. Highway 287, Decatur,$7,250.04Chili's Grill & Bar, 8394 S. Stemmons Freeway, HickoryCreek, $4,691.96Chili's Grill& Bar, 2406 N. I-35S, Denton, $4,697.14Chilitos Private Club Inc., 619-623 S. Denton Drive, LakeDallas, $154.56Chipotle Mexican Grill, 1224 W. Hickory St., Denton,$126.28Chuy's, 3300 Wind River Lane, Denton, $9,604.42Cool Beans, 1210 W. Hickory St., Denton, $9,471.70Courtyard By Marriott, 2800 Colorado Blvd., Denton,$705.32Cow Camp Steakhouse, 3142 N. Highway 287, Decatur,$97.44Cow Camp Steakhouse, 3142 N. Highway 287, Decatur,$88.20Crazy Horse Saloon and Dance Hall, 1982 E. Highway380, Decatur, $0Crazy Horse Saloon and Dance Hall, 1982 E. Highway380, Decatur, $0Crazy Horse Saloon and Dance Hall, 508 S. Elm St.,Suite A, Denton $0Crossroads Bar, 1803 N. Elm St., Denton, $2,312.52Dan's Silverleaf, 103 Industrial St., Denton, $5,031.18Denton Country Club, 1213 Country Club Road, Argyle,$3,775.38Denton Side Bar, 109 Ave. A, Denton, $3,987.48Denton Side Bar, 109 Ave. A, Denton, $4,203.78Don Jose Mexican Food & Cantina, 301 N. Highway 287,Decatur, $546.70El Chico No. 106, 2201 S. I-35E, Denton, $252.42El Fenix Denton, 2229 S I-35E, Denton, $1,667.54El Guapo's, 419 S. Elm St., Denton, $2,116.52Ernesto's Mexican Restaurant, 10279 FM455E, Suite 1,Pilot Point, $3,018.26Frilly's, 1803 S. Highway 287, Decatur, $3,943.80

Fry Street Public House, 125 Ave. A, Denton,$12,673.92Fry Street Public House, 125 Ave. A, Denton, $12,271Fry Street Tavern Club, 121 Ave. A, Denton, $11,747.26Fuzzy's Taco Shop, 109 N. State St., Decatur, $2,322.18Fuzzy's Taco Shop, 1044 Maple St., Suite 101, Sanger,$512.68Genghis Grill The Mongolian, 2416 Lillian MillerParkway, Denton, $521.22Good Eats No.729, 5812 N. I-35, Denton, $0Hailey's, 122 W. Mulberry St., Denton, $2,321.90Hannahs, 111 W. Mulberry St., Denton, $10,761.10Hickory Street Lounge, 212 E. Hickory St., Denton,$4,457.60Hilton Garden Inn Denton, 3110 Colorado Blvd., Denton,$927.64Holiday Inn Denton, 1434 Centre Place Drive, Denton,$1,058.82Hooligans Private Club, 104 N. Locust St., Denton,$10,327.8Hooters of Denton, 985 S. I-35E, Denton, $7,191.38Hooters of Denton, 985 S. I-35E, Denton, $7,327.74II Charlies Private Club, 809 Sunset St., Denton,$10,463.60J. R. Pockets Club, 1127 Fort Worth Drive, Denton,$5,730.90J. R. Pockets Club, 1127 Fort Worth Drive, Denton,$5,158.02Jackie's, 201 Main St., Lake Dallas, $4,350.36Jackie's, 201 Main St., Lake Dallas, $4,077.50Jag Private Club Inc., 119 S. Elm St., Denton, $4,647.30Jag Private Club Inc., 119 S. Elm St., Denton, $4,626.44Joey's Ristorante Italiano, 26735 U.S. Highway 380 E.,Little Elm, $1,216.88Johnny Carino's Italian, 1516 Centre Place Drive,Denton, $1,911.42Keiichi, 500 N. Elm St., Denton, $779.38Kobe Sushi & Steak LLC, 2832 Eldorado Parkway, Suite208, Little Elm, $342.58La Milpa Mexican Restaurant, 820 S. I-35E, Unit 1,Denton, $1,487.78La Milpa Mexican Restaurant, 820 S. I-35E, Unit 1,Denton, $1,639.68Lake Cities Post No 88 America, 105 Gotcher Ave., Lake

Dallas, $2,594.06Lake Dallas Point Restaurant, 303 Swisher Road, No.100, Lake Dallas, $3,789.94Lake Ray Roberts Area Elks Lodge, 1601 Marina Circle,Sanger, $890.96Lantana Golf Club, 800 Golf Club Drive, Argyle,$3,405.08Los Charros, 2763 E. Eldorado Parkway, Suite 105, LittleElm, $812.98Los Jalapenos Restaurant, 420 W. Eldorado Parkway,Little Elm, $163.38Los Jalapenos Restaurant, 420 W. Eldorado Parkway,Little Elm, $181.02Los Toreros Restaurant, 2900 Wind River Lane, Suite134, Denton, $2,110.22Love Shack, 113 E. Hickory St., Denton, $1,793.40Lowbrows Beer and Wine Garden, 200 W. WashingtonSt., Pilot Point, $529.20Mable Peabody's Beauty Parlor, 1125 E. UniversityDrive, Suite 107, Denton, $3,023.72Mellow Mushroom, 217 E. Hickory St., Denton,$4,424.70Meritt Ranch Beverages Limited, 2946 Ganzar Road W.,Denton, $1,310.40Metzlers Food and Beverage Inc., 1251 S. Bonnie BraeSt., Denton, $989.80Mexi-Go Restaurant, 2831 Eldorado Parkway, Suite 112,Little Elm, $999.32Mexi-Go Restaurant, 2831 Eldorado Parkway, Suite 112,Little Elm, $805.84Mi Sueno Club, 2648 FM407E, Suite 150, Bartonville,$2,827.58Mi Sueno Club, 2648 FM407E, Suite 150, Bartonville,$3,074.82Mi Taza Latin Tex-Mex Café, 5017 Teasley Lane, Suite101, Denton, $669.76Miguelito's, 1521 E. McCart St., Krum, $1,048.88Miguelito’s, 1412 N. Stemmons St., No. 178, Sanger,$1,931.86Norman Heitz Memorial Post 104, 501 Thompson, LakeDallas, $1,980.02Oak Street Drafthouse Club, 308 E. Oak St., Denton,$15,611.68Oakmont Country Club, 1200 Clubhouse Drive, Corinth,

$3,428.60Ollimac Company, 1400 Corinth Bend, Suite 103,Corinth, $871.08Ollimac Company, 1400 Corinth Bend, Suite 103,Corinth, $983.36On The Border, 2829 S. I-35E, Denton, $5,405.96Outback Steakhouse, 300 S. I-35E, Denton, $4,281.06Pei Wei Asian Diner, 1931 S. Loop 288, Suite 130,Denton, $198.24Phil Miller Post No.2205 VFW, 909 Sunset St., Denton,$2,202.34Phil Miller Post No.2205 VFW, 909 Sunset St., Denton,$2,094.82Pilot Point Columbus Club, 221 N. Prairie St., PilotPoint, $11.76Pilot Point Columbus Club, 221 N. Prairie St., PilotPoint, $17.36Pourhouse Sports Grill, 3350 Unicorn Lake Blvd.,Denton, $5,480.58Pourhouse Sports Grill, 3350 Unicorn Lake Blvd.,Denton, $5,137.72Prairie House Restaurant, 10001 Highway 380, CrossRoads, $1,825.04Red Lobster No. 6349, 2801 S. I-35E, Denton, $2,329.60Reunion On The Square, 106 N. Trinity St., Decatur,$528.22Ringers, 807 Eagle Drive, Denton, $1,811.04Ringers, 807 Eagle Drive, Denton, $1,551.48Riprock's, 1211 W. Hickory St., Denton, $13,629.14Rockin' Rodeo, 1009 Ave., C, Denton, $11,298.70Rocky's Sports Bar, 2000 W. University Drive, Denton,$4,797.10Rooster's Roadhouse, 113 Industrial St., Denton,$4,824.96Rosa's Cafe & Tortilla Factory, 1275 S. Loop 288,Denton, $290.50RT's Social Club Inc., 1100 Dallas Drive, Suite 124,Denton, $13,703.76Rubber Gloves, 409 E. Sycamore St., Denton, $2,150.54Ruby-Jeans Social Club Inc., 309 N. FM156, Ponder,$1,143.66Schmitty's, 407 W. Eldorado Parkway, Suite 1, LittleElm, $362.04

MIXED BEVERAGE TAXThe following mixed beverage tax information was issued by the State Comptroller’s office for November. The listincludes the name of the business, address, and reported tax.

Vital Statistics


No. 926-931Grip Mediterranian, 1200 W. Hickory St.Links Construction, 521 S. Loop 288, No. 125Mark Martin, 2830 Geesling Road, No. 100Marrs Inc., 709 S. Elm St.MT Zion Prairie Church, 204 E. Prairie St.Nelson, Orr and Bly Partners, 1028 Shady OaksOlympus Inc., 2215 S. Loop 288, No. 418Overlook Holdings, 2522 Louise St.Quarter Apartments1003 Eagle Drive, No. 11003 Eagle Drive, No. 21003 Eagle Drive, No. 31003 Eagle Drive, No. 41003 Eagle Drive, No. 51003 Eagle Drive, No. 61003 Eagle Drive, No. 7Sam’s Wash and Dry, 3001 N. Elm St., No. 111Scott Talbot MD, 2665 Scripture St.

St. Charles Trading, 600 Smith St., No. 1Wells Fargo, 5009 Teasley Lane

CommercialAldi Food Store, No. 37, 1105 S. Loop 288Denton Church of Christ, 1510 Audra Lane

ResidentialDR Horton Texas LTD.1201 Central Village Drive1209 Central Village Drive3021 Buckthorn Lane3025 Buckthorn Lane3140 Buckthorn Lane3104 Stonecrop Trail

First Texas Homes4130 Boxwood Drive

Forestar Real Estate Group8101 Bishop Pine Road

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Vital Statistics

BUILDING PERMITS

LIENSThe following liens were posted in November at the Denton County Clerk’s office.

STATE TAX LIENSNAME/ADDRESS TYPE AMOUNT REC. DATE

Crazy Horse Saloon and Dance Hall, 1302 E. Windsor Drive, Denton Limited sales excise and use tax $1,406.83 11/09/2012James J. Lumby II, 3884 Lois Road, Sanger Limited sales excise and use tax $1,255.92 11/08/2012

RELEASE OF STATE TAX LIENSNAME/ADDRESS TYPE AMOUNT REC. DATEDenton Lone Oak Holdings LP, 1434 Centre Place Drive, Denton Limited sales excise and use tax $3,040.81 11/09/2012Donald J. Lovett, 2117 Mayfield Circle, Corinth Limited sales excise and use tax $1,414.17 11/05/2012

FEDERAL TAX LIENSNAME/ADDRESS TYPE AMOUNT REC. DATEBarry R. and Linda L. Jacobs, 2520 Natchez Trace, Denton 1040 $52,637.72 11/06/2012Bradley S. and Sheryl D. Nalley, 2110 Northlake Trail, Denton 1040 $43,188.11 12/03/2012Charles E. and Dwindalyn S. Harris, 4121 Colina Ave., Denton 1040 $24,153.43 11/06/2012David Abbruzzese, 2520 Chebi Lane, Denton 1040 $82,443.20 11/06/2012David W. and Bobbie L. Smith, 6024 Moor Hen Drive, Denton 1040 $26,249.93 11/06/2012Donald E. Beebe, 612 Westway St., Denton 1040 $61,682.16 12/03/2012Etep Free Inc., 1209 W. Hickory St., Denton 941 $21,999.21 11/06/2012George W. and Penny J. Stanley, 1901 Fordham Lane, Denton 1040 $63,835.72 11/06/2012Jerry Cobb Attorney At Law, P.O. Box 1399, Denton 941 $5,387.57 12/03/2012Kenny Yu Chen Lin, 425 Bernard St., Apt. 121, Denton 1040 $29,863.29 11/14/2012Lee and S. Company, 3606 S. I-35E, No. 100, Denton 941 $9,983.03 11/14/2012Nightclub Operators Corporation, 125 Avenue A, Denton 940,941 $233,838.42 12/03/2012Rick and Teresa D. Hunt, 526 Bradley St., Denton 1040 $7,887.81 12/03/2012William D. and Larayne L. Haley, 822 Denton St., Denton 1040 $8,332.38 12/03/2012William Haley, 822 Denton St., Denton 1040 $925,631.28 12/03/2012

RELEASE OF FEDERAL TAX LIENSNAME/ADDRESS TYPE AMOUNT REC. DATEALM Insurance Agency, 103 S. Woodrow Lane, Suite 3, Denton 941 $4,044.07 11/19/2012Charles D. and Kimberly A. Phillips, 305 N. Trinity Road, Denton 1040 $40,937.90 11/06/2012Jerry D. Schertz, 603 Plum Drive, Sanger 943 $27,328.02 12/03/2012Kathy Smallwood, 10055 Saint John Road, Pilot Point 1040 $18,272.70 11/27/2012Kerry L. Schertz, 610 N. Second St., Sanger 943 $27,328.02 12/03/2012Lonn J. Small Wood, 10055 St. Johns Road, Pilot Point 1040 $38,408.72 11/19/2012Mark E. Schneider, 9950 Jackson Road, Krum CIVP $15,498.87 11/14/2012Norma J. Martinek, 3401 Serendipity Hills Trail, Corinth 1040 $241,071.91 12/03/2012Norma J. Martinek, 3401 Serendipity Hills Trail, Corinth 1040 $105.00 12/03/2012Patrick A. Thornton, 2300 Creekedge Court, Corinth 1040 $27,743.48 11/14/2012Robert L. Lynda K. Nieman, 3208 Blue Jay Drive, Corinth 1040 $42,014.14 11/06/2012Rodney W. Haire, 117 Visalia, Denton 1040 $559,371.30 11/19/2012Schertz Farms, 610 Chapman Drive, Sanger 943 $27,328.02 12/03/2012Schertz Farms, 610 N. Second St., Sanger 943 $27,469.56 12/03/2012

MECHANICS LIENSNAME/ADDRESS CONTRACTOR AMOUNT REC. DATEAllen N. and Janan M. Chandler, 1544 Karen Drive, Argle Kingdom Construction $115,000.00 11/13/2012Charles M. and Sherry L. Lakey, 4251 FM2181, Suite 230-412, Corinth JBN Group $24,267.00 11/05/2012Cori and Colly Warren, 1624 Angel Lane, Aubrey Cashion Custom Homes LP $232,822.00 11/02/2012Craig A. and Amy N. Cooper, 2032 Twin Creeks Circle, Pilot Point Cashion Custom Homes LP $225,000.00 11/08/2012Frank G. Rumore Jr. and Lee A. Clark, 632 E. Main St., Pilot Point Javier Vega $85,000.00 11/05/2012Gary Bednarcik and Carolyn Golver-Bednarcik, 3221 Stonecrop Trail, Argyle Steve Watson Custom Homes Inc. $428,583.00 11/19/2012Gloria Salazar, 9323 Breezy Road, Krum 1st Choice Homes Center $66,535.28 11/19/2012Jay S. Martin and Rita N. Martin, 7430 Dawn, Pilot Point Snyder Construction Inc. $456,787.91 11/07/2012Paul F. Porter and Katherine S. Porter, TBD FM1173, Krum Dugger-Anthony Custom Homes $277,678.00 11/06/2012Trey and Judith Thurston, 402 Old Justin Road, Argyle KMB Elec. Inc. $15,000.00 11/28/2012

Scooters Tavern, 6481 FM455W, Sanger, $2,182.88Sushi Café, 1401 W. Oak St., Denton, $86.24Sushi Café, 1401 W. Oak St., Denton, $93.24Sweetie Pie's Ribeyes, 201 W. Main St., Decatur,$709.66Sweetwater Grill & Tavern, 115 S. Elm St., Denton,$7,001.26Swishers, 501 E. Swisher Road, Lake Dallas, $0Texas Land & Cattle Steak House, 8398 S. StemmonsFreeway, Hickory Creek, $2,503.90Texas Roadhouse, 2817 S. I-35E, Denton, $5,755.96The Abbey Inn Restaurant & Pub, 101 W. Hickory St.,Denton, $7,181.58The Abbey Inn Restaurant & Pub, 101 W. Hickory St.,Denton, $7,315.56The Aztec Club, 720 W. University Drive, Denton,$2,343.88The Bears Den, 11670 Massey Road, Pilot Point, $0The Garage, 113 Ave. A, Denton, $6,104.98

The Green House, 600 N. Locust St., Denton, $4,041.24The Labb Club, 218 W. Oak St., Denton, $6,338.78The Lion's Den, 2700 E. Eldorado Parkway, Suite 250,Little Elm, $1,064.70The Olive Garden Italian, 2809 S. I-35E, Denton,$3,024.84Three Fins Seafood Grill, 2303 S. I-35E, Denton,$1,174.18University Lanes, 1212 E. University Drive, Denton,$1,841.70Verona Pizza Italian Restaurant, 201 Loop 81/287N,Decatur, $165.20Villa Grande Mexican Restaurant, 12000 U.S. Highway380, Suite 100, Cross Roads, $2,291.94Villa Grande Mexican Restaurant, 2530 W. UniversityDrive, Suite 114, Denton, $1,604.54Vitty's Club Inc., 1776 Teasley Lane, Suite 102, Denton,$4,016.60Wild Horse Grill, 9400 Ed Robson Circle, Denton,$3,129.00Wing Town, 4271 FM2181, No. C316, Corinth, $0

MIXED BEVERAGE TAX| CONTINUED FROM PAGE 22

Gurkin, Charles and Katan3501 Falcon Court

Horizon Plumbing LTD8921 Gardenia Drive

JB Sandlin5720 Granbury Drive

Robson Ranch Development LP11628 Southerland Drive8921 Perimeter St.9109 Bradford St.

Robson Ranch GC12013 Lockhart Court

Tuscan Ventures LTD3009 Montebello Drive


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december denton business chronicle 2012

Documents

nationaltrade association

helpedthe association

anews release

rassis stallion

stallion entries

sorrel stallionnamed

dentons oldest club

honored lastmonth