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Monthly business magazine of the Denton Record-Chronicle.

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Page 1: October Denton Business Chronicle 2012
Page 2: October Denton Business Chronicle 2012

2

Oct.12

DentonBusinessChronicle

Career AdvancementsOn Aug. 23, the American

Hospital Association and theTexas HospitalAssociationannounced thatU.S. Rep.MichaelBurgess (R-Texas) wasnamed therecipient of theAHA Health Care ChampionAward for his contributions tohealth care public policy.

Burgess has been engaged oncritical issues, such as legislationto improve the implementationof the federal health informationtechnology incentive programand efforts to fix the Medicarephysician payment system with-out harming other providers inthe health care community.

Burgess also has been active insupporting medical liabilityreform and improving healthcare price transparency, a newsrelease said.

Burgess serves on the U.S.House Energy and CommerceCommittee and is the vice chairof the Health Subcommittee. Heis the founder and chairman ofthe Congressional Health CareCaucus.

Burgess, who has representedthe 26th Congressional Districtof Texas since 2003, spent nearlythree decades practicing medi-cine in North Texas.

The award was presented to

Burgess during the 2012 THARural and Community HospitalSymposium held in Fort Worththe weekend of Aug. 22-23.

The American HospitalAssociation is a nonprofit organi-zation of health care providersthat includes 5,000 hospitals,health care systems, networksand other providers of care with42,000 individual members. TheTexas Hospital Association rep-resents more than 445 of thestate’s 584 acute-care hospitalsand health care systems, whichemploy approximately 369,000health care professionalsstatewide.

Defense lawyer Dan Steppickrecently joined Dallas-basedCowles & Thompson as a

shareholder.His new prac-tice focuses onthe defense ofproduct manu-facturers, oiland gas pro-ducers andinsurance pro-

fessionals.Steppick has more than 18

years of experience in both largeand small firms, handling a vari-ety of civil matters throughoutTexas, according to a newsrelease.

Most recently, Steppick was apartner in Shipman Steppick, asmall law firm in Denton where

he worked for about five years,according to his LinkedIn pro-file.

The firm dissolved after hispartner, Sherry Shipman, wonher party’s nomination for judgeof the 16th District Court, a newsrelease stated.

Dr. Elizabeth R. Seymour, afamily physician with MedicalAssociates of Denton, was elect-ed to the TexasMedicalAssociation’sCouncil onPracticeManagementServices, acouncil thatoversees themedical practices of physiciansand staff, a news release said.

Seymour is a member of theDenton County MedicalSociety.

Seymour obtained a medicaldiploma from St. MatthewsUniversity School of Medicine onGrand Cayman Island. She com-pleted her residency at theUniversity of Oklahoma HealthSciences Center and obtained amaster’s degree in HealthServices Administration.

Seymour is also a graduate ofRyan High School and attendedTexas Woman’s University forher undergraduate degree,according to the MedicalAssociates of Denton’s website.

Austin-based TMA is thelargest state medical society inthe nation, representing nearly46,000 physicians and medicalstudents.

Rob Rayner, president of TomFouts Commercial Real Estate,was presentedwith the TexasAssociation ofRealtorsDistinguishedService Awardon Sept. 11.

Joe Stewart,2012 chairmanof the Texas Association ofRealtors, said in a news releasethat Rayner deserved the awardbecause he has made a huge dif-ference to his industry and hiscommunity.

“I’m thrilled to honor himwith this award,” Stewart said.

Rayner has been in the realestate industry for nearly 30years. He’s held many leadershiproles within the organization,including serving as president ofthe Greater Denton/WiseCounty Association of Realtors,and has been named Realtor ofthe Year twice.

He has served on both thestatewide and NationalAssociation of Realtors.

Rayner has also devoted histime to the Denton community,serving as president of DentonNoon Kiwanis, a director of the

Denton Chamber of Commerce,assistant scoutmaster for the BoyScouts of America and as a dea-con of the First Baptist Church.

The Texas Association ofRealtors is a professional mem-bership organization with morethan 80,000 members, repre-senting all aspects of real estatein Texas. The organization advo-cates on behalf of Texas Realtorsand private-property owners tokeep homeownership affordable,protect private-property rightsand promote public policies thatbenefit homeowners.

On Aug. 9, the TexasAssociation of Realtors named

Blake Calvertfield represen-tative for theNorth Texasregion. In thisposition,Calvert willinform TexasRealtors and

homeowners in North Texasregarding critical public policyissues and engage them in thepolitical process.

Prior to his new position,Calvert was a political campaignmanager, legislative aide andclerk for the AppropriationsCommittee of the Texas House ofRepresentatives. In addition, heworked as a Texas Realtor, spe-cializing in residential transac-tions and property management.

Burgess

Steppick

Seymour

Rayner

Calvert

Monthly News Recap9-2

Mi Casita celebrates 16years in business

Matt and Lilly Kohandani,owners of Mi Casita MexicanFood, recently celebrated 16years of business. To celebrate,the restaurant gave customersfree 20-ounce drinks with anymeal purchase.

Café Garbaldi closesafter 22 years in city

Cafe Garibaldi, a restaurantserving Peruvian and Mexican

food, closed after 22 years inbusiness.

Lego-themed storeopens on Loop 288

Anthony and Melody Beardenof Minifigs, Bricks, and More —a Lego-themed retail store —have opened their store at 2215S. Loop 288, Suite 408.Anthony has been buying, sell-ing and trading Lego productsonline since 2007 and wanted tohave a place to share with otherLego fans.

UNT graduate opensfull-service agency

Square 205 is a full-service cre-ative agency, offering clientsbranding, advertising, Web designand print products. It was startedabout a year ago by Paul Echols, agraduate of the University ofNorth Texas and he started hisfirst business while he was there.

9-5

2012-13 county budgetsees bump in tax rate

Denton County officials

approved the budget and slightbump in the tax rate for the2012-13 fiscal year.Commissioners unanimouslyapproved the $210.5 millionbudget and what they say is thebest budget plan for the countyfor the next year.

Commissioners approved aproperty tax rate of 28.2867 centsper $100 in property valuation.

9-9

Officials announceinternal reorganization

City of Denton officials

have made public moredetails about the salaries andjob descriptions of the fourassistant city managers andreorganization announcedAug. 31.

The reorganization followingthe retirement of Assistant CityManager Fred Greene meantraises for three of the four mennow serving as assistant citymanagers.

Jon Fortune, who now over-sees police, fire, transportation,aviation and solid waste,

| CONTINUED ON PAGE 14

Page 3: October Denton Business Chronicle 2012

3

Oct.12

DentonBusinessChronicle

Contents | October 2012

IndexJonathan Fite | 6Other Enterprising

Voices | 7, 16Mixers | 4, 8, 10, 17Monthly News

Recap | 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: Hotels near the intersection of Brinker Road and

Colorado Boulevard

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, Oct. 23, 6:30 p.m.

American Association of UniversityWomen, Denton Branch meets atThe Chestnut Tree, 107 W.Hickory St. Call 940-898-3797.Visit http://denton-tx.aauw.net/meetings/ or email [email protected].

Wednesday, Nov. 7, 6 p.m.

Association of Business ContingencyPlanners, North Texas Chapterhas its monthly luncheon at H5Colo at 12712 Park Central inDallas. Cost is $35 per person.For more information, visithttp://northtx.acp-international.com/index.php/events.

Tuesday, Nov. 6, noon

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

Wednesday, Nov. 21, 11:30 a.m.

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

Tuesday, Nov. 13, 6 p.m.

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

Friday, Nov. 2, 7:30 a.m.

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

Saturday, Nov. 17, 9:30 a.m.

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

Wednesday, Oct. 24, 6:30 p.m.

Wednesday, Nov. 14, 6:30 p.m.

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

Wednesday, Nov. 7, 7 p.m.

Home Builders Association of GreaterDallas, Greater Denton Divisionhas its monthly meeting andluncheon at Texas Land & CattleHickory Creek, 8398 SStemmons Freeway in HickoryCreek. Cost is $15 for associatesand builders with reservationsand $18 for walkins. For moreinformation contact MistyVarsalone at 214-615-5012.

Tuesday, Oct. 30, 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, Oct. 18, 9 a.m.

Thursday, Nov. 15, 9 a.m.

Lake Cities Chamber of Commercemeets for its monthly luncheonat the Oakmont Country Club,1901 Oakmont Drive in Corinth.

Tuesday, Nov. 13, 5:30 p.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].

Thursday, Oct. 18, 8 a.m.

Thursday, Oct. 25, 8 a.m.

Thursday, Nov. 1, 8 a.m.

Thursday, Nov. 8, 8 a.m.

Lake Dallas 4A Economic DevelopmentCorp. meets at Lake DallasMunicipal Complex, 212 MainSt.

Monday, Nov. 5, 7 p.m.

Lake Dallas 4B CommunityDevelopment Corp. meets at LakeDallas Municipal Complex, 212Main St.

Monday, Nov. 12, 7 p.m.

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

Thursday, Nov. 8, 7 p.m.

Pilot Point Chamber of Commercemeets for their monthly lunch-eon at Lantana Resort, 2200FM1192. Visit http://pilotpoint.org or [email protected].

North Texas Society for HumanResource Management meets for themonthly luncheon at theGateway Center at University ofNorth Texas, 801 North TexasBlvd. Cost is $18. Visitwww.northtexasshrm.org.

Thursday, Oct. 25, 11:15 a.m.

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

Wednesday, Oct. 24, 9 a.m.

Wednesday, Oct. 31, 9 a.m.

Wednesday, Nov. 7, 9 a.m.

Wednesday, Nov. 14, 9 a.m.

Small Business Breakfast meetingsponsored by the North CentralTexas College Small BusinessDevelopment Center at theDenton Chamber of Commerce,414 W. Parkway St.. A lightbreakfast is provided. Call 940-380-1849.

Tuesday, Nov. 13, 7:15 a.m.

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

Tuesday, Nov. 6, 11:30 a.m.

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.

October 2012 | Vol. 8, No. 8

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]

Page 4: October Denton Business Chronicle 2012

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Oct.12

DentonBusinessChronicle

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2013 Accent GLS Model 16402F45, MSRP $16,320, Res 58%, 5.71%, 12K YR, $169 for 35 1 @ $9,465, $1,899 down ; 2013 Veloster Model F0303F45, MSRP $18,225, Res 58%, 4.65%, 12K Yr, $179 for 35 1 @ $10,570, $2,299 down ; 2013 Elantra GLS Model 45412F45, MSRP $18,470, Res 66%, 4.52%, 12K Yr, $179 for 35 1 @ $12,190, $1,999 down ; 2013 Elantra Coupe Model H0202F45, MSRP $20,170, Res 67%, 5.75%, 12K Yr, $189 for 35 1 @ $12,877, $2,299 down ; 2013 Sonata GLS Model 27402F45, MSRP $21,670, Res 61%, 4.32%, 12K Yr, $199 for 35 1 @ $13,218, $1,999 down ; 2013 Elantra GT Model D1502F45, MSRP $20,170, Res 64%, 4.80%, 12K Yr, $199 for 35 1 @ $12,908, $2,499 down ; 2012 Sonata Hybrid Model G0402F45, MSRP $26,625, Res 55%, 1.83%, 12K Yr, $239 for 35 1 @ $14,643, $2,399 down ; 2013 Tucson GLS Model 83422F45, MSRP $23,420, Res 59%, 3.40%, 12K Yr, $239 for 35 1 @ $13,817, $2,399 down; 2013 Santa Fe Sport Model 63402F45, MSRP $26,225, Res 63%, 4.77%, 12K Yr, $269 for 35 1 @ $ 16,521,$2,999 down ; 2012 Veracruz GLS Model A0422F65, MSRP $29,170, Res 53%, 3.44%, 12K Yr, $299 for 35 1 @ $15,460, $3,199 down; 2013 Azera Model 73422F65, MSRP $33,125, Res 57%, 4.53%, 12K Yr, $369 for 35 1 @ $18,881, $3,299 down ; 2012 Genesis Model B0422R65, MSRP $35,075, Res 53%, 2.92%, 12K Yr, $399 for 35 1 @ $18,589, $2,499 down *Based on EPA Light Duty Automotive Technology, Carbon Dioxide Emissions and Fuel Economy Trends: 1975-2011, ** See dealer for complete details on all information in ad.

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2013 Hyundai Elantra Coupe

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Business Mixers

United Way of Denton County’sPacesetter Campaign officiallyended with a recognition oflocal companies who conductedworkplace campaigns to kick-start the overall fundraisingeffort that will wrap up inDecember. The event was hostedat the University of North TexasAlumni Center by President V.Lane Rawlins and celebrated 28local companies and organiza-tions that generated $478,100 indonations and pledges.

United Way

Sheri Dragoo and Greg Sawko present Pinnacle Awards to (from left toright) Carol Christian of First State Bank, Jacee Jones of Bill UtterFord, Justin Hess of DATCU and Lydia Rambo of Denton CountyJuvenile Probation.

Mix with usTell about your event or send photos

E-mail photos(200 DPI or higher) to

[email protected]

Page 5: October Denton Business Chronicle 2012

5

Oct.12

DentonBusinessChronicle

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Page 6: October Denton Business Chronicle 2012

6

Oct.12

DentonBusinessChronicle

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Investors wrestle with QEP“Interest rates are prices…and

price control is a demonstratedfailure as a public policy.”

- James Grant, editor ofGrant’s Interest Rate Observer

Over the past few yearsthis column hasbanged the drum about

the coming inflation risks forinvestors. But recent events leadus to revisit this topic onceagain. First we present a recap ofthese events and then our inter-pretation of their implications.

While this month’s articledraws its title from recent U.S.Federal Reserve actions, we needto start a bit further east, acrossthe great pond in the hallowedhalls of the European CentralBank.

Much of the market concernover the past two years has cen-tered on whether the Europeanbanking system — stuffed with

government bonds from over-leveraged countries like Greece,Portugal and Spain — mighttopple and create large waves onour own shores. Fitful starts andstops of various European bankbailout packages have plaguedinvestor confidence, largelybecause of the nature of howdecisions are made across theEuropean Union.

Germany basically holds theEuropean Bank purse strings,but because of the loose struc-ture of the Union, Germany has

little direct control over thespending policies of theEuropean periphery, which des-perately needs help. In order toexact reforms, Germany hasoften played a hard line rolerequiring labor market liberal-ization, government deficitreductions and asset sales.

Initially, the countries in needhave balked at Germandemands. They threaten to leavethe Eurozone or to not play bythe rules. Eventually this resultsin spikes of investor fear andhigh borrowing costs for thesedebt-laden countries. As borrow-ing costs escalate and threats ofdefault loom, local politiciansgive into reform demands andare rewarded with short-termbailouts from their European(read German) overlords. Thiscycle has repeated several timesover the past two years, sendingshocks through many of the

Eurozone economies. Butrecently, the consistently strongGerman economy has begun tosputter, and their hard linestance has begun to soften.

Emboldened by Germany’smore generous mood, MarioDraghi (the European CentralBank President — think BenBernanke with an Italian accent)promised in late-July to “dowhatever it takes to defend theEuro.” Many market participantsinterpreted this to mean “we’llprint as much money as is neces-sary to prevent Spain and Italyfrom defaulting.”

A few weeks later, Draghi’scounterparts in the U.S. heldtheir annual retreat in JacksonHole, Wyo. Lots of interestingbanter ensued, but the biggestspeech came from BenBernanke, the Federal Reservechairman. Therein he defendedhis thesis on how the two previ-ous rounds of big U.S. moneyprinting (dubbed QuantitativeEasing Round 1, andQuantitative Easing Round 2 —

or QE1 and QE2 for short) hadhelped stabilize the U.S. market,had created jobs and had beendone with surprisingly littleadverse effects to medium terminflation expectations.

Let’s explore this further.What exactly is QE and did itreally do what Bernanke said?

Quantitative Easing (QE) isthe conjuring up of money, outof thin air, to buy bonds — typi-cally government bonds, butsometimes mortgage bonds.This drives the prices of thosebonds up, which in turn, com-presses the yield the bonds pay.In the mortgage arena, thismakes financing a home cheap-er, enabling some folks to buyhouses they may not have previ-ously been able to afford. Forother folks, the lower rates resultin cheaper, monthly mortgagepayments, putting more moneyin homeowner pockets to spendon other things like food, cloth-ing and electronics.

Enterprising Voices

Jonathon FITE |

FITE | CONTINUED ON PAGE 9

Page 7: October Denton Business Chronicle 2012

7

Oct.12

DentonBusinessChronicle

JQ

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Enterprising Voices

Chamber urges support of street reconstructionProposition One will be

listed on the ballot Nov.6, funding the recon-

struction of certain existingDenton streets all across thecity over five years.

The Denton Chamber boardof directors received a presen-tation on the 2012 Street BondProgram during its regularSept. 20 meeting, voting unani-mously to endorse PropositionOne as proposed.

Targeted streets were evalu-ated and prioritized by a 21-person citizen’s committee,appointed by the Denton City

Council. The committee’s rec-ommendations were based onthe results of a detailed OverallCondition Index (OCI) surveyconducted in December 2010,involving more than 680 miles

of local streets.The project is proposed to

spread $20.4 million, in gener-al obligation bonds incremen-tally, per the lowest OCI rating.Former chamber board chairand member of the citizen’scommittee, Marty Rivers, toldthe board that implementingthe bond program over fiveyears should not require anincrease in local property taxrates.

As adopted by the DentonCity Council in 2006, all capitalimprovement programs willdesignate two to four percent of

When you mention“economic develop-ment” most people

think about factories or largeindustries coming to town. That’spart of it, but there are many otherfactors that contribute to econom-ic development in Denton and oneof those factors is tourism.

There are over 100 festivalsand events that occur in Dentoneach year. More than a quarter ofa million people attend theseevents. Some people are local,but many come from other cities.The Denton CountyTransportation Authority reportsthat they usually see a 25 percentincrease in ridership duringmajor events like the HolidayLighting and the Denton Artsand Jazz Festival.

When these visitors come toDenton, they might buy gas, havea meal or spend the night in alocal hotel. All of that moneygoes into our economy. Theycome, they spend their money

and they go home.The Texas Travel Industry

Association estimates that visi-tors spend over $115 millionevery day in Texas. Without thetaxes paid by travelers, Texas res-idents would have to pay about$850 a year in additional taxes tomaintain existing governmentalservices (property tax is notincluded). Tourism generates $7for every $1 spent in the promo-tion and advertising of Texas.

Texas Tourism directly sup-ports 529,400 Texas jobs withearnings of $16.5 billion andindirectly supports 465,000Texas jobs with earnings of an

additional $16.5 billion (services,government, finance, real estateand construction).

Total taxes generated by thetravel industry is $3.9 billion.

In Denton County alone,tourism impacts:

� Total direct spending —$522,080,000

� Total local tax receipts:$10,420,000

� Total state tax receipts:$32,240,000

� Employment: 4,650 jobs (2010 figures from the Office

of the Governor, EconomicDevelopment and Tourism)

So, the next time you see anunfamiliar face in town, smileand say “Welcome to Denton.”They’re helping pay your taxes.

Julie Glover is the EconomicDevelopment ProgramAdministrator for the City ofDenton. She can be reached at940-349-7732 or via email [email protected].

Chuck CARPENTER |

the total bond package to pub-lic art. Of the $20.4 millionbond package, up to $400,000will be applied to public artprojects related to the expan-sion of I-35.

The Denton Chamber boardencourages all qualified votersto vote in favor of PropositionOne. Early voting begins Oct.22, including Saturday, Oct. 27and Sunday afternoon, Oct. 28at the Joseph A. CarrollAdministration Building, 401W. Hickory St., or the DentonCounty AdministrationComplex, 535 S. Loop 288.

For more details, please con-tact the City of Denton FinanceAdministration at 940-349-8531 or visit www.cityofden-ton.com/bondelection

Chuck Carpenter is presi-dent of the Denton Chamberof Commerce. He can bereached at 940-382-9693 orat [email protected].

A look at why tourism iseconomic development, too

Julie GLOVER |

www.dentonrc.comwww.dentonrc.comwww.dentonrc.com

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Page 8: October Denton Business Chronicle 2012

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On Friday, Sept. 28, the Denton Chamber honored chamber presi-dent Chuck Carpenter, on 30 years of solid dedication to the organi-zation. The special milestone with Carpenter was celebrated at theHilton Garden Inn.

Denton Chamber president Chuck Carpenter

Carpenter celebrates 30 years

Mix with usTell about your event or send photos

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Representatives from The Colony, Denton County and NebraskaFurniture Mart break ground Sept. 25 at the southeast corner ofState Highway 121 and Plano Parkway, the future site of NebraskaFurniture Mart's 1.9 million-square-foot retail store and warehouse.The store will anchor a 433-acre tract that will include restaurants,hotels and entertainment.

Furniture Mart breaks ground

Courtesy photo/The Dallas Morning News

Page 9: October Denton Business Chronicle 2012

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When the Fed buys Treasurybonds and drives those ratesdown, Congress is able tofinance its deficits at low rates,which allows them to spendmore on food stamps, unem-ployment benefits and foreignwars. As our War on Savers andBeware Cheery Yields articlesdescribed this summer, Fed pur-chases of U.S. Treasuries alsomotivate investors who wouldnormally plow their savings intogovernment bonds to stretch foryield in other assets, like corpo-rate bonds or dividend payingstocks. The result is higher assetprices, at least for a while. Whilethe printing presses of QE famemay not result in the govern-ment directly handing us allcrisp new $100 bills, the trickle-down effects are the same.

What the Fed does not like totalk about is how this new

money often inflates the price ofcommodities like food and oil.Since these commodities areglobal in nature, it dispropor-tionately impacts the poor in theU.S. and the impoverished over-seas. Do you remember the riceriots? Or how spikes in gasolineprices stalled the nascent U.S.recovery during previous QErounds?

So while Mr. Bernanke andhis ilk like to cite “wealth effect”benefits of QE programs, whichstimulate our 401k accounts, itis much harder to add up thecost of making the poor poorer.It is hard to quantify the effectof near-retirees working another5 years because their savingsdon’t yield enough to live on, orpension funds reneging on theirpromises because their plansdon’t generate enough income.It’s hard to measure the impactof college graduates movingback in with mom and dad

because they can’t find a job.Instead, Bernanke points tostudies which show these pro-grams help, on the margin.

Fast forward to September 13and the Federal Reserve’s OpenMarket Committee meets again.In their wisdom they announceda continuation of an earlier pro-gram alongside a new printingprogram, which many havetaken to calling QE3. But thisnew round is quite differentfrom the previous two. Unlikethe previous efforts, which werebounded in both time and mag-nitude, this round of printingstates that it will continue “for aconsiderable time after the eco-nomic recovery strengthens.”Many economists take this tomean the printing will stay ineffect until unemployment fallswell below 7 percent.

But how long might that taketo occur? More skepticalobservers have begun calling

this QEP — for QE intoPerpetuity. More cartoonishcharacterizations have likenedthis to a “Buzz Lightyear” policy,QE “to infinity and beyond!” Weshudder to think what the hid-den costs of these programsmight eventually be. Call it whatyou will, some observations arewarranted.

First, the Federal Reserve andtheir foreign counterparts haveunleashed a massive amount ofliquidity into the system andhave promised to keep it flushfor some time. The Fed’s lateststatement indicates rates willstay low through the end of2015.

Second, the amount of print-ing is enormous. Recent articlesstate the Europeans are scalingup their permanent rescue fundto 2 trillion euros — yes, that’s aT. At first look, Bernanke’s $85billion a month seems small bycomparison, but is conveniently

similar in scale to the pace of thefederal budget deficit this year.Who says we can’t have trillion-dollar deficits forever.

Third, this bill will eventuallycome due. These policies evenhave detractors from currentFederal Reserve Board mem-bers. James Bullard, of the St.Louis Fed, recently summarizedhis concerns on CNBC, “Youdon’t want to get where theCongress and the President areborrowing a lot of money andthe Fed’s role is to keep theinterest rates low. That will endin tears. That is a bad policy.”

James Grant, the soundmoney enthusiast who pennedthe opening quote of our article,is less sanguine. “ChairmanBernanke himself castigated theNixon administration for impos-ing price controls in 1971. Hewas right — price control fails.

FITE | CONTINUED FROM PAGE 6

FITE | CONTINUED ON PAGE 11

Page 10: October Denton Business Chronicle 2012

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With a 1920s theme, the Denton Country Club, a member-owned club, celebrated 90 years of businessSaturday Sept. 29. The club started as a 9-hole state-of-the-art golf course in 1922.

Courtesy photos

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Page 11: October Denton Business Chronicle 2012

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Voices

What [Bernanke is] doing iscontrolling prices. He’s suppress-ing interest rates [which] arethe traffic signals in a marketeconomy. They contribute criti-cally to our perception of valuein stocks, bonds, real estate…andbecause these rates are manipu-lated, specifically suppressed,crushed, we live and invest in akind of hall of mirrors.”

Since we began this columnnearly four years ago, we havebeen wary of the deleteriouseffects inflation may pose on ourpartners. While we have not yetwitnessed the effects seen duringprevious price control regimes,Nixon began his price controlefforts in 1971. It was nearly 9years later when inflation spi-raled out of control. And it was avery bumpy ride in between.

We are four years into this lat-est experiment. As past articleshave indicated, we still believeownership of businesses withstrong competitive advantagesor hard assets which fare well ininflationary environments arewhere investors should focus.We believe finding these busi-nesses and buying them at dis-counts to their true worth willprovide a margin of safety, ashelter from the coming storm.The deeper this discount, thebetter chance our partners’ nesteggs will not only grow overtime, but that they will growwell ahead of lost purchasingpower caused by money print-ing. Who knows how long “per-petuity” really will be, butinvestors must wrestle with eachnew crank of the QEP press.

Jonathon Fite is a manag-ing partner of KMFInvestments, a Texas-basedhedge fund, and an adjunctprofessor with the College ofBusiness at the University ofNorth Texas and theUniversity of Arkansas. Thiscolumn is provided for gener-al interest only and should notbe construed as personalinvestment advice. Commentsmay be sent [email protected].

FITE | CONTINUED FROM PAGE 9

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Cover Story

Rooms go up as demand lags behind

The hoteliers agree thatevening out the market will taketime. But their concern is that aproposed convention center andhotel will add more than 300rooms to the market before it hastime to bounce back.

Tom Jariwala, regional man-ager of Brinker Lodging, whichowns the Hilton Garden Inn inDenton, calls the market “frag-ile.”

The Hilton hotel, located onColorado Boulevard, was openedin 2010 around the same time asthe Courtyard by Marriott, whichis also on Colorado Boulevard,and the Best Western PremierCrown Chase Inn & Suites,which is on an adjacent road.

A tremendous amount of hotelrooms hit the market, saidCharles Helm, with Helm HotelsGroup, which owns BestWestern Premier in Denton. Itcaused the market to suffer andnow hoteliers are trying to catchup, he said.

Helm’s hotel, located onBrinker Road, was the first BestWestern Premier in NorthAmerica, he said.

Helm has other hotels in dif-ferent markets, including two inGreenville.

“I’ve found what works in onecity may not work in another,” hesaid. “Denton has great potentialfor growing.”

Helm describes Denton as a

city with an oversupply of roomsand not enough demand.

Many hoteliers have struggledto make their mortgage pay-ments, Helm said.

A big part of the reason thehotels wanted to open in Dentonwas because of the growth of theUniversity of North Texas andTexas Woman’s University.

Jariwala said the hoteliers did-n’t realize other companies werelooking to build hotels in Dentonand it was too late by the timethey found out

“We waited as much as wecould,” he said.

The management companystarted building the hotel around2007.

Kim Phillips, director of theDenton Convention and VisitorsBureau, calls it an “overbuild” sit-uation.

The recession happened in2008 but the travel and tourismindustry is a lagging industry,which means it takes longer toreflect national trends, she said.On top of that, there was a floodof rooms added to the Dentonmarket.

“They’re all good hotels andadd quality options for guests,”Phillips said. “We just had toomany of them all at one time.”

Denton wasn’t the only citythat experienced a huge influx oflimited service hotels, she said,giving the example of hotels thatpopped up near the Texas MotorSpeedway, which had an impacton local business.

Hotels also sprung up inLewisville and down the 121 cor-ridor near the Dallas-Fort WorthInternational Airport.

This was happening every-where around Denton with verylittle variation in the type ofhotel, she said.

“It’s really hard for the busi-ness to catch up with what’s hap-pening in the market,” Phillipssaid.

The good news is, despite highgas prices, economic develop-ment is revving up again inDenton, she said. All of these fac-tors — from gas prices to retaildevelopment — go hand inhand, she said.

And the Denton Conventionand Visitors Bureau has tailoredits marketing to the increasedgas prices and tried to gain busi-ness from within the area,Phillips said.

If people attend a festival fromfar enough away they will likelyspend the night, she said.

“Business is really turning,”she said. “We’re seeing a positiveturn in the economy.”

By Rachel Mehlhaff | Photography by David Minton

Guests check in at the front desk of the Best Western Premier Crown Chase Inn & Suites on Brinker Road in Denton. Nearly half of the city's hotel rooms are empty each night andthe current hotel owners believe new business from a proposed convention center won't offset the losses when there's no convention in town.

Many factors have been working against Dentonhoteliers during the past couple of years. Thebiggest factor, though, has been an increased supplyof rooms and demand that hasn’t kept up.

Page 13: October Denton Business Chronicle 2012

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She said business travel is alsoreturning to normal levels.

Another key point is thatDenton hasn’t added any morehotel rooms, so the market hasbeen stable, Phillips said.

MARKET SNAPSHOTThere are about 26 hotels in

the Denton market and about2,000 rooms.

Of those rooms, about 1,201had visitors every night for thesecond quarter of the year.

Phillips calls that prettyimpressive.

Hotel occupancy rate hasincreased locally after taking adip in 2009.

The hotel occupancy ratedropped 13.8 percent from2009 to 2010, according toinformation from the DentonConvention and Visitors Bureau.

In 2011, the occupancy ratewas 52.8 percent, up 9 percentfrom 2010 when it was 48.4percent.

Year to date for 2012, theoccupancy rate is 59.3 percent.

The hotel occupancy tax hasalso increased, which Jariwalaattributes to the increased num-ber of hotels.

“The occupancy has gone up,”Jariwala said. “The biggest chal-lenge in Denton is ADR (aver-age daily rate).”

For the Hilton Garden Inn,the average daily rate is almost$30 to $35 lower than thebrand’s nationwide rate,Jariwala said.

“It’s still a challenge becauseso many new hotels went in,” hesaid. He and the other hoteliers

predict it will take a couple ofyears to bring the Denton mar-ket back to normal.

The average daily rate for thesecond quarter of the year is$68.27, which is down from pre-vious years. The revenue peravailable room is $45, which isup for the second quarter overprevious years.

The room rate is driven byoccupancy rates. If there is a lowoccupancy rate then the roomrate is low because the hotels arecompeting for the little bit ofbusiness that exists in Denton.

CONVENTION CENTERCONCERNS

While the market is bouncingback, there is some concernabout a proposed conventioncenter with an attached hotel.

“The market has improvedsome this year,” Helm said.“What our concern with the newhotel was we’re catching up butanother 300 rooms is going toput us right back where wewere.”

The proposed convention cen-ter is a partnership between thecity, UNT and Missouri-basedO’Reilly HospitalityManagement LLC.

The convention center wouldbe built on the former site of theRadisson Hotel, which is ownedby UNT.

The management companyapproached the city and the uni-versity at the beginning of theyear, after the project had beendormant since 2009.

John Q. Hammons Hotels &Resorts was originally planning

OCCUPANCY RATEApril through June in Denton:� 2012: 1,938 rooms with 62 percent occupancy average� 2011: 1,938 rooms with 57 percent occupancy average� 2010: 1,938 rooms with 44 percent occupancy average� 2009: 1,564 rooms with 49 percent occupancy average� 2008: 1,622 rooms with 54 percent occupancy average� 2007: 1,436 rooms with 58 percent occupancy average

Source: Denton Convention and Visitors Bureau

AVERAGE DAILYRATEApril through June in Denton:� 2012: $68� 2011: $69� 2010: $71� 2009: $73� 2008: $68� 2007: $72

Source: Denton Conventionand Visitors Bureau

Above: (From left to right) The Hilton Garden Inn, Best WesternPremier and Courtyard by Marriott near the intersection of BrinkerRoad and Colorado Boulevard.

Right: Room keys are handed over to guests checking in at the frontdesk of the Best Western Premier Crown Chase Inn & Suites onBrinker Road in Denton.

to develop the project.It’s been the city’s goal to

build a convention center for atleast 10 years.

Linda Ratliff, director of eco-nomic development for the city,said the proposed conventioncenter project is moving forwardbut the agreement has not beenfinalized with the developers.

The hoteliers wrote a letter toRatliff after they heard the proj-ect was being revived, express-ing their concerns about theadditional rooms.

Since then, they’ve requestedthe city to update its 2009 hotelmarket study.

And the existing hoteliershave asked the city to update its2009 hotel market studybecause of their concern overthe additional rooms.

In July, the hoteliers suggest-ed a moratorium on addingrooms until the market couldrecover.

Jariwala said that, like thecity’s feasibility study, the hotel’s

feasibility study showed theaverage daily rate would behigher in this market.

He said it’s hard to know,especially with the recession.

Jariwala views it this way:Hilton Garden Inn has 100rooms, so adding about 300more rooms to Denton is likeadding three more hotels.

Ratliff said the city is notplanning to update the feasibili-ty study.

HOTELS | CONTINUED ON PAGE 14

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DentonBusinessChronicle

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The hoteliers’ concern is thatthe feasibility study is out of date,but if a new feasibility study isconducted now, it will be out ofdate again before the conventioncenter and hotel are actuallybuilt, Ratliff said.

The city has already investedthe money into the study, shesaid.

“We feel like we got our answerout of that,” Ratliff said.

Helm said the hoteliers don’twant to stop progress but theyalso have their concerns, which isprotecting their investments.

The convention center hotel isgoing to be in the same boat asthe other hotels when there isn’ta convention going on, he said.

Helm doesn’t have a problemwith the city putting money intothe convention center and hotelproject, but he hopes it will allowbusiness to catch up, he said.

“The city has promised theyare going to help the hotels inDenton,” he said.

City officials expect the confer-ence center to bring additionalbusiness into Denton, which theysay will be good for the existinghoteliers.

The city looked at putting aconvention center up without a

hotel but it doesn’t do as well as aconvention center with a hotel,she said.

“You can’t sell it to out-of-towngroups without a hotel,” Phillipssaid.

Phillips said there are thou-sands of associations and a lot ofthem would be a good fit to havetheir conventions in Denton, butthe city hasn’t been able to bid onthem because there isn’t a largeenough area for them to meet.

One of the criteria for many ofthose bids is a space with a cer-tain number of hotel rooms atthe same place as the meetingcenter, she said.

It costs a lot of money to trans-port people from the conventioncenter to hotels across town, shesaid.

But not everyone who comesin for these conventions will stayat the convention hotel, Phillipssaid, which means the remainingbusiness will pour over to otherhotels.

In that case, everyone winsincluding the customer, Phillipssaid.

Helm doesn’t doubt that a con-vention center does better with ahotel attached to it.

But the convention centerbusiness has become competitive,he said.

Cover Story

Photo by David Minton

Hotels along I-35 near U.S. Highway 380 display their room rates for travelers on the highway in Denton.

There is a convention center inFrisco, which has done well, andthere are others in Allen andPlano.

He said the city has to be care-ful because if there is an over-abundance of convention centers

in the area, it could be difficult toattain the business the city isexpecting to get.

When asked about the futureof the hotel market in Denton,Jariwala said, “Things changeevery day. Your guess is as good

as mine.”The Denton market still needs

a lot of improvement, he said.RACHEL MEHLHAFF can

be reached at 940-566-6889.Her e-mail address [email protected].

HOTELS | CONTINUED FROM PAGE 13

Monthly News Recap

received about a 2.5 percent raise,to $157,109 annually. BryanLangley — now over finance,administrative services, thelibrary, human resources andtechnology services — receivedabout a 7.6 percent raise, to$160,370. John Cabrales receiveda 34.6 percent raise, to $130,000.He will oversee the public infor-mation office, intergovernmentalrelations, planning and develop-ment, parks and recreation, andeconomic development.

New tea shop opens onLocust Street

Stacie Cates recently brought

her love of tea to Denton andopened Amitea, pronounced“amity,” intended to suggest “aplace to nourish friendships overtea.”

The 984-square-foot location,708 N. Locust St. — the previ-ous home of Exclusive HairDesign salon on Locust Street —was the right place to build hertea emporium.

9-12

New stores coming toRayzor Ranch

RED Development LLCannounced Tuesday thatFamous Footwear, Petco and a

| CONTINUED FROM PAGE 2

| CONTINUED ON PAGE 15

Page 15: October Denton Business Chronicle 2012

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Monthly News Recap

Jo-Ann Fabric and Craft storewill be joining a Kohl’s depart-ment store at Rayzor RanchMarketplace.

Kohl’s, which sells clothing andhome products, will have a55,000-square-foot space at2620 W. University Drive.

Famous Footwear, a shoeretailer, will have a 6,000-square-foot space. Petco, whichsells pet supplies, will have a10,000-square-foot location.And the Jo-Ann Fabric andCraft store will have a 22,000-square-foot space.

9-13

Officials break groundfor new animal shelter

While it will be several monthsuntil real shovels hit the dirt forDenton’s new animal shelter, vol-unteers and city officials gatheredrecently for a groundbreaking.

Officials are still estimatingthat the new, 16,000-square-foot

building will cost less than $5million to construct, according toDenton Police Capt. ScottFletcher. It may be December orJanuary before a contractor isselected and gets to work.

9-16

Drum shop opens onOak Street

Tim Harman and ColbySchreck recently opened The(Ghost) Note, a drum shop.

The shop, located at 120 W.Oak St., offers drums, rentals,repairs and lessons.

9-18

Sales tax collectionsincrease in Denton

Denton’s sales tax collectionsso far this year show a 15 per-cent increase or $2.8 millionmore than last year’s collectionsat the same time. July salesreflect a 21 percent increase insales tax revenues or $2,082,188million, which is higher than the

city’s budgeted projection.In June, the city had only a

7.26 percent or $2.3 millionincrease in sales tax revenues,according to the city’s data.

9-19

I-35E widening planclears major hurdle

Denton County commission-ers received word that the finalenvironmental hurdle has beencleared for the widening ofInterstate 35E. Since plans forthe highway’s expansionchanged from one massive proj-ect to three smaller segments,each one needed to be cleared.All three phases have beencleared, and now officials canmove forward in the process.

09-22

Mother Earth Newsranks city among best

Denton was featured among

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4141 Long Prairie Road (FM 2499)Flower Mound, Texas

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Full refund of security deposit: fact or fiction?If you have ever leased an

apartment, house or evenan office, warehouse or

storage unit, you more than like-ly had to pay a deposit to thelandlord as security for your per-formance under the lease. Thatdeposit is typically referred to asa security deposit.

The Texas Property Code insections 92.102 (residentiallease) and 93.004 (commerciallease) defines a “security deposit”as any advance of money, otherthan an advance rent payment orrental application fee. Underboth types of leases, the landlordhas an obligation to refund asecurity deposit to a tenant fol-lowing the date that a tenantsurrenders possession of theleased premises. However, in aresidential setting, the landlordonly has 30 days to refund thelawfully due balance of the secu-rity deposit to the tenant as stat-ed in section 92.103(a) of thecode. In a commercial setting,the landlord has 60 days accord-ing to section 93.005(a).

In a residential lease, a condi-tion requiring the tenant to givethe landlord advance notice ofsurrender before the landlord isrequired to refund the securitydeposit is effective only if it is inwriting and underlined or print-ed in conspicuous bold print inthe lease. This can be found insection 92.103(b). No such cor-responding requirement existsfor a commercial lease.

In both types of leases, a land-lord’s duty to refund the tenant’ssecurity deposit is abated untilthe tenant gives the landlord a

written statement of the tenant’sforwarding address for the pur-pose of refunding the securitydeposit as stated in sections92.107(a) (residential lease) and93.009(a) (commercial lease).However, the tenant’s failure togive the landlord such writtenstatement of the tenant’s for-warding address does not forfeitthe tenant’s right to receive therefund once such statement hasbeen provided according to sec-tions 92.107(b) and 93.009(b).

In addition to the landlord’s

obligation, according to sections92.104(c) (residential lease) and93.006(c) (commercial lease), torefund the security deposit, thelandlord must also provide thetenant with a written descriptionand itemized list of all deduc-tions that the landlord retainedfrom the security deposit. Thisitemized list must be provided tothe tenant within the deadlinerequired for the refund of thebalance of the security deposit(see above), even if no refund isbeing provided. If the tenantowes rent at the time possessionis surrendered and there is nocontroversy about the amount ofrent owed, then the landlord isnot required to supply the tenantwith the itemized list of deduc-tions.

The landlord may not retainany portion of a security depositto cover “normal wear and tear”as stated in sections 92.104(b)

(residential lease) and 93.006(b)(commercial lease). The term“normal wear and tear” meansdeterioration that results fromthe intended use of the leasedpremises (residential or commer-cial), including breakage or mal-function due to age or deteriorat-ed condition, but does notinclude deterioration that resultsfrom the negligence, careless-ness, accident or abuse of thepremises, equipment or other oflandlord’s personal property bythe tenant or the tenant’s guestsor invitees according to sections92.001(4) (residential lease) and93.006(b) (commercial lease).

It’s extremely important thatthe provisions in a written leaserelating to a refund of a securitydeposit be followed except to theextent that they may conflictwith the statutory law. Generally,absent other provisions in a writ-ten lease, the following proce-

dure should allow the tenant toreceive (and the landlord to pro-vide) a full refund of the securitydeposit in either a residential orcommercial setting:

� Full performance of all ofthe tenant’s obligations underthe lease through the surrenderdate, including the payment ofall rent and other sums owedunder the lease (it is unlawful forthe tenant to require the land-lord to use the security deposit tocover the last month’s rent underthe lease, and there are penaltiesassociated with attempting to doso according to sections 92.108(residential lease) and 93.010(commercial lease));

� Vacate the dwelling in goodcondition, normal wear and tearexcepted;

� Provide the landlord inwriting (with proof of service or

Scott ALAGOOD |

Enterprising Voices

ALAGOOD | CONTINUED ON PAGE 17

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THANKS FOR 8 GREAT YEARS AT OUR KRUGERVILLE STORE!!!OUR TYLER STORE IS NOW AVAILABLE

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Denton‛s OriginalPromotional Product Business

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JQ

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Book Your Next Event at The French Fig!

JQ

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Enterprising Voices

receipt in accordance with thelease requirements) with a for-warding address where thedeposit may be returned, and ina residential setting withadvance notice of surrender ifproperly required in a writtenlease (see above); and

� Comply with any other rea-sonable conditions, such asreturning all keys and garagedoor openers to the premisesand the removal of any allow-able fixtures from the premisesand repairing any damage thatmay be caused by the removalof the fixtures.

According to sections92.109(a) (residential lease)and 93.011(a) (commerciallease), If a landlord retains anyportion of a tenant’s securitydeposit in bad faith, the land-lord may become liable to thetenant for a sum of $100 plusthree times the portion of thedeposit wrongfully withheld,and the tenant’s reasonableattorney’s fees. In sections92.109(b) (residential lease)and 93.011(b) (commerciallease), If the landlord fails toprovide the itemized statementof deductions to the tenant inbad faith, then the landlord for-feits the right to withhold anyportion of the security depositor sue the tenant for damage tothe premises, and is liable to thetenant for their reasonableattorney’s fees in a suit to recov-

er the deposit. A landlord whoeither fails to refund the securi-ty deposit or provide the item-ized statement within the pre-scribed time period is presumedto have acted in “bad faith” asstated in sections 92.101(d)(residential lease) and 93.011(d)(commercial lease).

In short, whether you are alandlord or a tenant, readingyour lease and following somebasic steps may save you a lot ofgrief and headaches down theroad when dealing with therefund of a security deposit.

Scott Alagood is BoardCertified 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 16

Courtesy photo

Good Samaritan —North Texas HomeHealth

Ribbon Cuttings

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CERTIFICATES OF OCCUPATIONCanalta USA Corp., 1631 Cooper Creek RoadFrame St., 1112 Frame St.Frame St., 1114 Frame St.James Wood Neighborhood, 317 N. Locust St.Lady Nail & Tan, 1125 E. University Drive, No. 130

COMMERCIAL ALTERATIONAlphagraphics, 521 S. Loop 288AT&T Mobility, 2520 W. University Drive, No. 1180Ben Northcutt, 3330 E. University DriveCigar Frogs, 100 N. I-35ECIMA of North Texas, 723 S. I-35E, No. 222City of Denton, 901 Texas St.Elsie Real Estate LLC, 1710 N. Elm St., No. 100Grand Family Holdings, 801 W. Mulberry St., No. 1HPT TA Properties Trust, 6420 N. I-35Julie Winnette, 1100 N. Elm St.Land, Lawrence Retal, 708 N. Locust St.Loves Truck Stop, 8900 N. I-35Mike Cocharan, 1205 N. Austin St.Oak Street Drafthouse, 308 E. Oak St.Republic of Denton, 500 Inman St.William J. Abernathy Charitable, 110 W. UniversityDriveWing Street Restaurant, 2215 S. Loop 288, No.306Woodstream Corp., 3917 Morse St., No. 200Yogurtland, 106 Fry St.

COMMERCIALCorbin Realty II LP, 5091 Dakota LaneKohls Department Store, 2620 W. University DriveMcDonald’s Restaurant, 5016 Teasley Lane

RESIDENTIAL

DR Horton Texas 1212 Nora Lane3117 Stonecrop Trail1116 Nora Lane3017 Pecan Tree Drive3124 Buckthorn Lane3024 Pecan Tree Drive917 Regency Court

Forestar Real Estate Group8009 Bishop Pine Road

Juan Garza700 N. Bradshaw St.

Nicosia & 77 LP3601 Cotton Drive

ONYX Homes LP5601 Balmorhea Drive5521 Balmorhea Drive

Phillip C. and Paulin Diebel3410 Shadow Brook Court

Robson Denton Development LP12009 Lockhart Court8900 Crestview Drive11532 Southerland Drive9713 Rivercrest Drive11600 Southerland Drive

Shepherd Place Homes2928 Oakshire St.

BUILDING PERMITSThe following building permits were issued by the Denton Planning and Development department in September.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.

Vital Statistics

Monthly News Recap

the “8 Great Places You’ve(Maybe) Never Heard Of, 2012Edition,” of Mother Earth Newsmagazine.

The article is in the October-November edition of the maga-zine known for its coverage oforganic foods, country living,green transportation, naturalhealth and green building.

Unemployment ratedeclines in August

Although the unemploymentrate rose most of the summer, itdeclined in August, according todata released Friday by theTexas Workforce Commission.And that is a positive change inthe trend over recent years, saidErica Sullivan, economic devel-opment analyst for the city.

The city unemployment ratedropped seven-tenths of a per-centage point, from 6.4 percentin July to 5.7 percent in August,with 3,650 people looking for

work. The jobless rate alsoremained lower than last year,when it was 6.9 percent inAugust 2011.

9-23

New mini-mall opensoff University Drive

David and Camelia Lincolnopened the Lincoln Mini-Mall atthe old Girl Scouts ServiceCenter, 4000 W. UniversityDrive just west of Interstate 35.

The mini-mall offers designerpurses, flip-flops, jeans and cartoys.

9-25

Transportation serviceupdates set for January

The Denton CountyTransportation Authority is plan-ning to bring bus and rail cus-tomers faster service in January.

While in August the focus wason adding midday rail serviceand tweaking Friday night andweekend service to better meet

the demands, the next changescall for increasing bus services inDenton and Lewisville.

In Lewisville the change willlargely increase the frequency ofbuses on one route taking itfrom an hour to 35 minutes. In

Denton there are still two routeswith a wait time of a little morethan an hour.

The long-term goal is to getevery route to a 30-minute fre-quency.

The agency will also extend

Route 1 to the Unicorn Lakearea to better serve the DentonState Supported Living Centerand businesses around that partof the city.

-Compiled from staff reports

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

STATE TAX LIENSNAME/ADDRESS TYPE AMOUNT REC. DATE

Container King Inc., P.O. Box 1717, Denton Limited sales excise and use tax $862.08 09/20/2012Donna Pritchard and David Sarkisian, 1701 Glen Aerie Lane, Corinth Limited sales excise and use tax $1302.44 09/25/2012JJ Mackey Electric Inc., 1251 Teasley Lane, Denton Limited sales excise and use tax $828.86 09/17/2012Kathy A. and Byron H. Byrom, P.O. Box 720, Denton Limited sales excise and use tax $1536.90 09/18/2012Kenneth W. and Gwen G. Key, P.O. Box 518, Justin Limited sales excise and use tax $1290.33 09/17/2012Matthew M. and Kelly M. Merklein, P.O. Box 251, Argyle Limited sales excise and use tax $6605.01 09/17/2012William R. MC Courtie, 495 Catherine Branch Circle, Justin Limited sales excise and use tax $4919.39 09/05/2012

RELEASE OF STATE TAX LIENSNAME/ADDRESS TYPE AMOUNT REC. DATEGeorge C. Young, Waterford Way, Denton Limited sales excise and use tax $1,858.19 09/14/2012Joel W. Lasater, 624 W. University Drive, Suite 342, Denton Limited sales excise and use tax $437.56 09/21/2012Unique Woodworks Inc., 605 Aspen St., Pilot Point Limited sales excise and use tax $2,077.25 08/30/2012

FEDERAL TAX LIENSNAME/ADDRESS TYPE AMOUNT REC. DATEBonnie Clements, P.O. Box 50355, Denton 1040 $79,861.65 09/18/2012Brandy N. Davis, 9609 Pinewood Drive, Denton 1040 $10,016.05 09/06/2012Daniel Marshall, 2207 Wellington Drive, Denton 1040 $32,188.42 09/10/2012Dwight R. and Fances S. Borel, Denton 1040 $17,735.32 09/10/2012Janice M. Wylie, 2212 Fort Worth Drive, Trailer 92, Denton 1040 $6,448.44 10/01/2012Keith A. and Janice Mize, 3616 Lake Country Drive, Denton 1040 $123,976.68 09/17/2012Kenneth L. and Melinda K. Oneal, 217 McKamy Blvd., Denton 1040 $942.58 09/18/2012Kenneth L. Oneal, 217 McKamy Blvd., Denton 1040 $27,358.91 09/24/2012Kevin D. and Norma Shivers, 7501 Barrymore Road, Denton 1040 $70,902.47 09/05/2012Patricia A. Rider, 508 S. Elm St., Denton 941 $14,130.60 09/10/2012Paul Sturdivant, 160 Cunningham Road, Denton 1040 $61,530.78 09/17/2012Ryco Medreview LLC, 919 S. Carroll Blvd., Denton 941 $38,817.08 09/10/2012William L. and Gyle I. Maschinot, 121 Oak Valley, Denton 1040 $8,723.93 09/24/2012

RELEASE OF FEDERAL TAX LIENSNAME/ADDRESS TYPE AMOUNT REC. DATECarolyn E. Rountree, 3713 Red Mesa Trail, Aubrey 1040 $29,632.74 09/05/2012Dean C. Layh, 1705 W. University Drive, Denton 1040 $12,899.70 09/24/2012Jim D. Nutt, 2712 Loon Lake Road, Denton 6672 $30,835.91 09/10/2012John Miller, 502 Oak St., Sanger 1040 $301,916.82 09/17/2012Kevin D. Edwards and Gina A. Terry-Edwards, 7313 Livingston Drive, Denton 1040 $8,252.88 09/12/2012Myoung and Hee Choi, 1718 Post Oak Drive, Corinth 1040 $54,187.80 09/25/2012Raul Salas, P.O. Box 50658, Denton 941 $17,973.11 09/25/2012Raul Salas, P.O. Box 50658, Denton 941 $39,115.56 09/25/2012Raul Salas, P.O. Box 50658, Denton 941 $41,824.66 09/25/2012Raul Salas, P.O. Box 50658, Denton 941 $52,021.82 09/25/2012Raul Salas, P.O. Box 50658, Denton 941 $21,590.09 09/25/2012Ruben and Synthia Castro, 4704 Provence Drive, Argyle 1040 $26,866.01 10/01/2012Sorensen Commercial Corporation, 301 S. Highway 377, Cross Roads 941 $48,556.90 09/24/2012

MECHANICS LIENSNAME/ADDRESS CONTRACTOR AMOUNT REC. DATEAaron and Christin Bunch, 100 Everett Court, Shady Shores Riverbend Sandler Pools $52,335.56 09/20/2012Craven and Amy Coates, 235 Canyon Oaks Drive, Argyle Carter Construction Services LLC $135,996 09/07/2012Gay L. and Herman F. Bynum, 3501 Falcon Court, Denton Waro Inc. $517,916 09/27/2012Glenn C. and Luana J. Hanley, 3016 Pottery Trail, Corinth Venture Custom Pools $63,300 09/20/2012Jack and Staci Taylor, 1305 Indian Lake Trail, Corinth Shane Group Inc. $50,806 09/17/2012Jacqueline and Brian Porter, P.O. Box 431, Argyle Bedrock Commercial Construction $267,197 09/10/2012John D. and Christina M. McDaniel, 6705 Mustang Trail, Sanger M.S. Hamilton Homes LLC $204,944.85 09/04/2012Juan and Maria Garza, 700 N. Bradshaw St., Denton Ameri-Mex Contractors Inc. $97,700 09/17/2012Julie N. and Todd J. Gavin, 13410 Kira Lane, Justin Providential Land Development LP $316,495 09/26/2012Mark A. and Natalie M. Eddleman, 9861 Bill Cook Road, Justin Ron Lapointe $230,000 09/14/2012Nacianceno and Emestina Tellez, 615 Campbell Lane, Denton A-Star Renovation Company $44,025 09/17/2012Philip J. and Kalli J. Gleason, 8209 Montecito Drive, Denton Anthony Cler $14,941.66 09/17/2012Robert and Martha Vinyard, 15659 Cessna Road, Justin Tatum Building Corp. $226,000 09/06/2012Wayne D. and Carilynn K. Clark, 2208 Brazos Drive, Corinth Robertson Pools Inc. $62,900 09/20/2012

Vital Statistics

Denton CountyLease: Alliance Graphics UnitOperator: Quicksilver Resources Inc.Location: 244.69-acre unit, T.S. Reyburn Survey, A-1130;Within Fort WorthField: East Newark (Barnett Shale)Total Depth: 9000'

Lease: D3-D1-Schwarz "A" (SA)Operator: Devon Energy Production Co. LPLocation: 6621.31-acre unit, C. Speer Survey, A-1176;2.8 Miles SW of PonderField: East Newark (Barnett Shale)Total Depth: 9000'

Lease: Glenn P. Shoop "G" (SA)Operator: Devon Energy Production Co. LPLocation: 529.72-acre unit, T. Samuel, Survey, A-1148;5.3 miles W of DishField: East Newark (Barnett Shale)Total Depth: 9000'

Lease: Harris Ranch - Westview (SA)Operator: Vantage Fort Worth Energy LLCLocation: 606-acre unit, R. Whitlock Survey, A-1403; 3.5miles NW of DentonField: East Newark (Barnett Shale)Total Depth: 9000'

Lease: Harris Ranch - Westview (SA)Operator: Vantage Fort Worth Energy LLCLocation: 606-acre lease, R. Whitlock Survey, A-1403;3.5 miles NW of DentonField: East Newark (Barnett Shale)Total Depth: 9000'

Lease: Harris Ranch - Westview (SA)Operator: Vantage Fort Worth Energy LLCLocation: 576.9-acre unit, R. Whitlock Survey, A-1403;3.5 miles NW of DentonField: East Newark (Barnett Shale)Total Depth: 9000'

Lease: Harris Ranch - Westview (SA)Operator: Vantage Fort Worth Energy LLCLocation: 606-acre unit, R. Whitlock Survey, A-1403; 3.5miles NW of DentonField: East Newark (Barnett Shale)Total Depth: 9000'

Lease: Riley - Little Brook (SA)Operator: Vantage Fort Worth Energy LLCLocation: 297.97-acre lease, S. Huizar, A-514; WithinDentonField: Newark, East (Barnett Shale)Total Depth: 9000'

Lease: Riley - Little Brook (SA)Operator: Vantage Fort Worth Energy LLCLocation: 297.97-acre lease, S. Huizar, A-514; WithinDentonField: Newark, East (Barnett Shale)Total Depth: 9000'

Lease: ThompsonOperator: G&F Oil Co. Inc.Location: 117.8-acre lease, T. Bell Survey; 9.5 miles NWof BolivarField: East Newark (Barnett Shale)Total Depth: 9200'

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

PLEASE RECYCLE

Adrian Chappel, Chappel Inc., P.O. Box 51642, DentonAlexis A. Hernandez, Sanrafa International ConsultingServices, 1800 Teasley Lane, No. 104, DentonAlton L. Phillips III, Re-Jenesis Barber Shop, 318 E. OakSt., Suite 130, DentonArmand Kohandani, Denton Camera Exchange, 117Piner St., DentonAsad Asad, Asad and Sons Electronic Goods, 2020 N.Elm St., No. 215, DentonAshley Ford, Fleur De Lis Crochet, 1013 Laguna Drive,Denton

Bart Garrett, Professional Polish, 913 CrosstimberRoad, DentonBenjamin A. Huttash, Grass Masters, 600 Schmitz St.,DentonBenjamin Holt and Mike Marshall, The Poor Kings,5201 Par Drive, No. 2113, DentonBilly Crisp, CRISP Heating and Air Conditioning, 2221Lakeview Lane, DentonBryant Barnes, ArmorER Co., 3310 Fort Worth Drive,Suite A, DentonChadwick Barnard and Cristal Barnard, 2340 S. I-35E,

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

NAME — DBA/ADDRESS NAME — DBA/ADDRESS

Suite 136, DentonCharles Dunton, Advanced Cleaning Systems of Texas,2428 Foxcroft Circle, DentonCharles Dunton, The Hart International, 2428 FoxcroftCircle, DentonChristopher E. Grice, The Consulting and EducationGroup, 816 N. Bell Ave., Suite 53, DentonCornerstone Church, Lifestone Church, 201 Mission St.,DentonCornerstone Church, Lifestone Church, 201 Mission St.,DentonCynthia Locker, Downtowner Massage, 725 N. Elm St.,Suite 29, DentonCrystal Stone LLC, Locust 210 Lofts & Apartments, 210

NAME — DBA/ADDRESS

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119 Loophole Private Club, 119 W. Hickory St., Denton,$6,981.52 American Legion Post No. 550, 905 N. Foundation, PilotPoint, $2,653.28 Andy's Private Club, 122 N. Locust St., Suite B, Denton,$9,990.26 Angelina's Mexican Restaurant, 1400 N. Corinth St.,Suite 111, Corinth, $1,834.14 Applebee's Neighborhood Grill, 707 S. I-35E, Denton,$9,855.16 Applebee's Neighborhood Grill, 2672 FM423, Little Elm,$4,351.48 Aramark Educational Services, 303 Administration St.,Hubbard, Denton, $1,005.06 Ashton Gardens, 2001 Ashton Gardens Lane, Corinth,$4,618.74 B.P.O.E. Denton No. 2446, 228 E. Oak St., Denton,$1,441.30 B.P.O.E. Denton No. 2446, 228 E. Oak St., Denton,$1,413.58 Best Western Area Crown Chase, 2450 Brinker Road,Denton, $496.02 Black-Eyed Pea, 2420 S. I-35E, Denton, $260.26 Boomerjack Wings No. 8, 407 W. University Drive,Denton, $1,177.12

Brunswick Zone Denton, 2200 San Jacinto Blvd.,Denton, $2,442.02 Buffalo Wild Wings Grill & Bar, 1400 S. Loop 288, Suite110, Denton, $5,432.98 Cabana Beverages, 1300 N. I-35E, Denton, $367.36 Casa Torres Mexican Restaurant, 2708 FM51, Decatur,$0Chili's Grill & Bar, 600 S. Highway 287, Decatur,$5,660.62 Chili's Grill & Bar, 8394 S. Stemmons Freeway, HickoryCreek, $3,776.92 Chili's Grill& Bar, 2406 N. I-35, South, Denton,$3,581.06 Chilitos Private Club Inc., 619-623 S. Denton Drive,Lake Dallas, $188.58 Chipotle Mexican Grill, 1224 W. Hickory St., Denton, $0 Chuy's, 3300 Wind River Lane, Denton, $11,830.84 Cool Beans, 1210 W. Hickory St., Denton, $7,959.42 Courtyard By Marriott, 2800 Colorado Blvd., Denton,$432.46 Cow Camp Steakhouse, 3142 N. Highway 287, Decatur,$133.28 Cow Camp Steakhouse, 3142 N. Highway 287, Decatur,

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

| CONTINUED ON PAGE 23

Suite 136, DentonCharles Dunton, Advanced Cleaning Systems of Texas,2428 Foxcroft Circle, DentonCharles Dunton, The Hart International, 2428 FoxcroftCircle, DentonChristopher E. Grice, The Consulting and EducationGroup, 816 N. Bell Ave., Suite 53, DentonCornerstone Church, Lifestone Church, 201 Mission St.,DentonCornerstone Church, Lifestone Church, 201 Mission St.,DentonCynthia Locker, Downtowner Massage, 725 N. Elm St.,Suite 29, DentonCrystal Stone LLC, Locust 210 Lofts & Apartments, 210Locust St., DentonDavid D. Lovell, Written In Stone, 2817 Hereford Road,DentonDavid Koen and Laura H. Drapac, Triple Threat Press,1222 Scripture St., DentonDavid P. and Joane S. Kuhl, My Kuhl Stuff, 2404 SaladoSt., DentonDavid Van Aken, Van Aken Professional Services, 1107Broadway St., DentonDavid W. Payne, David Evancol, 411 Frame St., DentonDavid W. Payne, Louis Sollert, 411 Frame St. DentonDavid W. Payne, SandorMagic, 411 Frame St., DentonDonald J. Merki, Shell Rapid Lube, 2104 Sadau Court,No. 100, DentonDonald Stout, The Glass Guy Auto Glass, 4937 StuartRoad, DentonDora E. Tabares, Doras Cleaning Services, 210 SmithSt., DentonDwayne Holder, Boogie Heads, 7100 S. I-35E, DentonElizabeth Vaughan, Elizabeth Vaughan Ministries Inc.,10017 Grandview Drive, DentonEric M. Goldman, An Artist Unleashed, 9005 SevenOaks Lane, DentonFernando B. Garcia, Guatelinda Café, 1813 N. Elm. St.DentonFranklin Ebosele, KBF Capital Oil & Gas, 908 KilkeenyCourt, DentonGreg T. Shewmaker, GSI Roofing Company, 2104 AcornBend, DentonHolly Roberts, Roberts Design Group, 904 Abbots Lane,DentonJason Sykes and Julian Gagnon, PFDebate.com, 624 W.University Drive, Suite 180, DentonJeremy Speight, Fishman Aquarium Co., 6518 ShilohLane, DentonJerold Smith, Smith's Global Enterprises, 2700 ColoradoBlvd., Apt. 912, DentonJessen Lane, Lane Entertainment Vending, 1121 S. Ave.B, No. 4, DentonJin-Jian Chen, Denton Technology, 2828 SouthridgeDrive, Denton

John Burgess, Libertad Bail Bonds, 1504 E. McKinneySt., Suite 600, DentonJohn C. Little, Oakley Roofing & Construction, 2504 OakPark Drive, DentonJohnny Rose, Dreams Awake Crafters, 609 N. LocustSt., DentonKaren K. Gibbs, Gibbs Enterprises, 2409 Kingston Trace,DentonKaren Vaughn and Tiffany Smith, Legacy of theGenerations, 2601 Buckingham Drive, DentonKathryn Crocker, Katy Corcker, 1011 Vine St., DentonKeith D. Marble and Romona Beaver, By Sally Too, 1720W. University Drive, No. 104, DentonKimberly Truax, Kimberly & Co., 7400 Livingston Drive,DentonKimberly Truax, Kind Companions, 7400 LivingstonDrive, DentonKnowledge Mainja, His Goodness Home Care, S. 509,501 S. Locust St., DentonMahnoush Padashtpour, M&M Foundation Drilling, 1516E. McKinney St., DentonMaritza M. Medrano, MJ's Purses Bows & More, 913Sunset St., DentonMarlon Allen, Paint Plus Painting, 103 Dallas Drive,DentonMarnie Grodzin, Marnie Grodzin LCSW, 2725 Wind RiverLane, DentonMatthew Hilliard, Artistry Lawn and Light, 2020Stockbridge Road, No. 5303, DentonMichael Boodt, Holistic Massage Center, 207 W.Hickory St., DentonMichael Wilson, Wilson's PC Solutions, 2725 ChebiLane, DentonMicheal Shackelford, Shackelford Heating & Air LLC,1213 Bryn Mawr Place, DentonMitchell M. Friedman, The Roxton, 307 N. Loop 288,DentonMolly Harris, Molly's Skin Fix, 725 N. Elm St., No. 27,DentonMorgan Proudfoot, Reskewed and Restored, 819Thomas St., DentonMoses Ndungu, KN West Investments, 1302 BayfieldDrive, DentonNancy Mejia, GoGo's Truck Company, 4937 Stuart Road,No. 351, DentonNathan Wesson, UNT Chi Alpha, P.O. Box 50113,DentonNickie Blair, ND T-shirt Company, 1013 SpringcreekDrive, DentonOnFire Networks LLC, Christian Autos, 8400 Swan ParkDrive, DentonOrville W. O'Rear, Auto Glass Russ, 2820 Virginia Circle,DentonOscar L. Meza, Diamond Janitorial, 1204 W. UniversityDrive, Suite 300, DentonOscar L. Meza, Diamond Janitorial, 1204 W. UniversityDrive, Suite 300, DentonPaul Sturdivant, Sharper Image Property Solutions, 160

ASSUMED NAMES

Vital StatisticsCunningham Road, DentonPedro J. Blanco, Blanco Counseling and SupervisionServices, 121 W. Hickory St., Suite 106, DentonRick Appling, Apothecary Health Solutions, 2501 W.Oak St., DentonRick Appling, Apothecary Health Solutions, 2501 W.Oak St., DentonRick Appling, Apothecary Health Solutions, 2501 W.Oak St., DentonRisk M. Guiles, Not Guilty Bail Bonds, 1417 E.McKinney St., DentonRose and James K. Burke, Rose's Repair, 3813 HamptonRoad, DentonRuben O. Reyes, Duble R. Barber Shop, 525 Fort WorthDrive, Suite 302, DentonSherry Oldfield, Thoughtful Woman, 1714 Cedar Elm

Drive, DentonSheyl McGregor, When A Man Can't A Woman Can,1409 White Dove Lane, DentonSteven Long, Just Beds, 121 S. Bonnie Brae St. Apt. D,DentonSylvie Chau, Sylvie Alterations, 1005 W. UniversityDrive, Suite D, DentonThien Quang, Luxor Nails and Spa, 1435 S. Loop 288,No. 109, DentonThien Quang, QT Nails, 1435 S. Loop 288, No. 109,DentonTirso Gonzalez-Finseth, Tirso Gonzalez-Finseth, 1200Dallas Drive, Suite 822, DentonTodd Brown, Gulf Shores Restoration, 1226 Bayfield St.,DentonTom Dumas, Bob's Bounce Houses, 505 N. Loop 288,

No. K2, DentonTracy Mohair, Feather Light Hoops, 8113 WindingStream Lane, DentonVictor R. Valderrama, Essential Products Distributor,3621 Salon Court, DentonW. Douglas Mainous, PP Rental Property, 2112 & 2118Preston Place, DentonWilliam H. Gaines III, Bill Gaines Trucking, 2601 S.Mayhill Road, DentonZala LLC, Nor-Tex Equipment & Consulting, 112 OaklandSt., No. 231, Denton

NAME — DBA/ADDRESS

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| CONTINUED FROM PAGE 19NAME — DBA/ADDRESS

Page 21: October Denton Business Chronicle 2012

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When a couple decides to divorce, they can choose a process that is designed to help spouses and families reach respectful solutions – they can choose Collaborative Law.

The road to resolution in a divorce does not have to be a treacherous one. Often times divorce litiga-tion leaves irreparable damage to finances and relationships. By tak-ing the other road and choosing the collaborative law process, parties make a conscious effort to minimize any adverse impact the divorce will have on their futures.

In the collaborative law process, parties can work together to reach agreements that are focused on their individual and mutual goals through interest-based negotiations. “The collaborative law pro-cess allows each party to have a voice in the outcome of their case,” says Eric A. Navarrette, attorney in the Denton office of KoonsFuller, P.C., a law firm exclusive-ly limited to the practice of family law. Mr. Navarrette believes that “a person’s ability to have a voice in the outcome of their case will carry a lasting impression on future relationships and obligations, and co-parenting with their ex-spouse.”

When a divorce is imminent, it is impera-tive that the parties understand that post-divorce relationships and obligations are inevitable, especially when children are involved. While the parties in the collab-orative process are adversaries and may have competing interests, the process itself encourages cooperation and col-laboration to discuss and solve problems together. Generally, the collaborative law process was designed with the prin-ciple goal of helping people increase the chances that they will reach an agree-ment in a way that is less destructive financially and emotionally to the parties and children.

Commitment to Resolution

One of the greatest benefits of the formal collaborative law process is that when the formal collaborative law participation agreement is signed there is no doubt that the parties and their attorneys are serious about settling the case. Signing a formal collaborative law participation agreement commits the parties to obliga-tions of full disclosure of information and commits the attorneys to withdrawing in the event the process is terminated. This is a serious commitment to attempt to settle from both the parties and their attorneys.

In the collaborative law process, the focus is solely on settlement through interest-based negotiations. Interest-based negotiations are centered on try-

ing to achieve settlement options which best serve the shared and competing goals, interests and concerns of the parties. An integral part of the collabora-tive process involves the establishment and understanding of the parties’ goals, interests and concerns with regard to the process, the parenting plan, the division of the marital estate and post-divorce relationships. Mr. Navarrette believes that “everyone’s commitment to the pro-cess is paramount to allowing the parties and attorneys to focus on the likelihood of reaching the end of the road with ami-cable agreement.”

The Team Approach

The preferred team approach used in the collaborative law process includes the parties, their attorneys, a neutral mental health professional, and a neutral

financial professional. The mental health professional serves as a communications facilitator that is trained in helping people manage their emotions and communi-cate more constructively in an emotional atmosphere. The financial professional can help the parties better understand the financial options and help defuse or reduce arguments concerning financial issues such as value, characterization of property, tax issues and other financial issues.

The accepted and encouraged way of proceeding through the collaborative law process is for all of the parties and any team members to be present for all set-tlement discussions. By taking this road, the attorneys and neutral professionals are able to learn from and communicate directly with one another and with the parties [the decision makers].

Privacy

“Another intangible benefit of the collab-orative process is that there is a greater chance that the parties’ dispute will be

kept private and confidential,” says Mr. Navarrette. Privacy is a huge concern of many clients and the confidentiality provi-sions of the collaborative law participa-tion agreement and the private nature of the process itself help the parties better achieve the privacy they often desire. In the collaborative process, the divorce is taken out of litigation, and there are no court hearings, depositions or document requests to third parties.

Take the Road Less Traveled

Should you reach the fork in the road, and divorce is imminent, consider the collaborative law process as an option to sustain and maintain the relationships that got you to that point. The collabora-tive law process is not appropriate for all cases; KoonsFuller attorneys are well-versed in assessing cases that are suited for and would benefit from the collabora-tive law process.

To learn more about taking the other road through the divorce process, contact Eric A. Navarrette at 940-442-6677.

ADVERTISER FOCUS: KOONSFULLER, P.C.

Collaborative Law – The Other Road to Take Through a Divorce.

ABOUT KOONSFULLERKoonsFuller, P.C. is the largest Southwest-based family law firm with 25 attorneys in four North Texas locations – Dallas, Southlake, Plano and Denton. For more information, visitwww.koonsfuller.com

JQ

www.KoonsFuller.com

The collaborative law process provides a forum thatallows for the parties to –

• retain control of their divorce process and outcome;• have the privacy which is often sought during a divorce;• proceed through the divorce process in a civilized, respectful, creative

and individualized manner;• acknowledge post-divorce relationships and obligations;• focus their combined interests on providing for and protecting the

children; and• take ownership and responsibility for finalizing their divorce with

respect and integrity.

Eric A. NavarretteFamily Law Attorney

1. Establishing ground rules by signing the collaborative law partici-pation agreement.

2. Determining each party’s goals, interests, and concerns. 3. Gathering information each party may need or want for option

development and negotiations.4. Brainstorming settlement options and solutions. 5. Evaluating settlement options and solutions.6. Negotiating and selecting from the available options, the option

that best meets as many of the parties’ shared and competing goals as possible.

The collaborative process follows a six step process to resolve confl ict that is generally referred to as the Roadmap to Resolution:

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75034Natalie Sanborn, Natalie Sanborn, 2015 Bishop Hill,Little Elm

75065Core Iron Equipment LLC, Core Iron Equipment LLC,6060 S. Stemmons Freeway, Hickory CreekDonald F. Eades, Breakout Publications,71 LakewoodDrive, Hickory CreekInherent Method Software LLC, Serviceledger, 112Gotcher Ave., Suite B1-5, Lake DallasJamnik Enterprises Inc., Our Daily Bread Café, 3770FM2181, Hickory CreekJennifer Lafleur, Jenn Lafleur, 5303 Countess Court,Lake Dallas

75068American Health MobilityLLC, American HealthMobility LLC, 2973 Cattle Baron Drive, Little ElmDinners By Dyrell LLC, Dinners By Dyrell LLC, 3001Sweetleaf Drive, Little Elm GPV LLC, Schmitty's, 407 W. Eldorado Parkway, Suite 1,Little ElmKroger Texas LP, Kroger Texas LP, 2671 Little ElmParkway, Little ElmLuis Pelaez-Roig, 1st Quality Floors, 2701 Little ElmParkway, Little Elm Rodney W. Harrison, Big Daddy's Beijos, 3023 DelrayCt., Little Elm,Ronnie Lashea Mack, B/Clean Janitorial Service, 649Spillway Drive, Little Elm Traci Lynn Wilson, Cutness On A Budget, 2264Hideaway Point Drive, Little Elm Wired Straight LLC, Wired Straight, 2005 Hickory Drive,Little Elm, 75068Yum Asian Bistro Inc., Yum Asian Bistro Inc., 2721Little Elm Parkway, Little Elm

76201American Bio Source LLC, American Bio Source LLC, 624W. University Drive, No. 359, Denton Caitlin Brackeen, Alex & Afton, 109 E. Oak St., Suite800, DentonDavid Brandon Lee, The Fan Cave, 1016 W. MulberrySt., Apt. 1, DentonDavid Koen and Laura H. Drapae, Triple Threat Press,1822 Scripture St., Denton Eagle & Wheeler LLC, Eagle & Wheeler LLC, 733 Fort

Worth Drive, Denton Giriraj Bhetwal, Zoom Zoom, 500 S. Locust St., DentonJulia Ann Rios, Downtowner Salon, 725 N Elm St.,DentonKeith D Marble & Romona Beaver, By Sally Too, 1720W. University Drive, Suite 104, Denton Kroger Texas LP, Kroger Texas LP No.493, 500 W.University Drive, Denton Liberty Firearms LLC, Liberty Firearms LLC, 111 WarrenCourt, DentonLinwood Roberson Florist LLC, Linwood-Alford Florist,211 Cedar St., DentonLora Williams, Full Circle Nutrition, 721 N. Locust St.,DentonMaritza M. Madrano, MJ’s Purses Bows & More, 913Sunset St., DentonNebraska Book Company Inc., Voertman’s No. 165, 1314W. Hickory St., DentonPotbelly Sandwich Works LLC, Potbelly SandwichWorks, 1216 W. Hickory St., DentonRalph Dana Varel, Varel Sales, 916 S. Locust St., DentonRimax Bio LLC, Rimax Bio LLC, 1100 Hillcrest St.,DentonRuby Rae Productions LLC, Ruby Rae Productions LLC,624 W. University Drive, Suite 376, DentonSeth Lawrence, Young Native Clothing & Apparel, 511Panhandle St., Denton The Merry Widows LLC, The Gourmet Pantry And Café,418 Magnolia St., Denton The Merry Widows LLC, The Plaid Pineapple, 418Magnolia St., Denton 76201Willie A Hudspeth, Fantastic Sales, 2310 W. Oak St.,Denton

76205Bonnie Beth Blair, Blair Health Studio, 1308 TeasleyLane, No. 124, Denton Bryant Hamlin Barnes, Armorer Co., 3310 Fort WorthDrive, Suite A, DentonCasa Milner LP, Casa Milner LP, 1125 S. Loop 288,DentonCristal Barnard, Crickle's, 2430 S. I-35E, Suite 136,DentonDom Corp., Dom Corp., 516 S. I-35E, Denton 76205Fitness Evolution Denton LP, Diesel Fitness 2231 S.Loop 288, DentonGary M. Rich, Rich Enterprises, 1810 Wisteria St.,Denton

Hasina Masha Aziz, Prismela Arts, 901 Sandpiper Drive,Denton Kroger Texas LP, Kroger Texas LP No.586, 1592 S. Loop288, DentonLorenzo G. Sifuentes, La Picosita Mex., 1228 JohnsonSt., DentonRachel D. Anderson-Cannon, Smile & FlashPhotography, 1100 Hope St., DentonSign It Drive It LLC, Sign It Drive It, 809 S. WoodrowLane, Denton TJ Cashman, Bluegill Print Solutions, 1812 HighlandPark Road, Denton

76207Anthony Perez, Pro Audio, 3701 Allison Drive, DentonBlast It All Manufacturing Inc., Blast It AllManufacturing Inc., 10517 Countryside Drive, Denton Bonnie W. Glod, Bonnie W. Glod, 11320 SoutherlandDrive, DentonCherokee West Enterprises Inc., Cherokee WestEnterprises Inc., 8545 W. University Drive, Denton Greenpoint Precision Machine Inc., Greenpoint PrecisionMachine Inc., 5250 Dakota Lane, DentonJMR Equities LLC, JMR Equities LLC, 2057 UnderwoodRoad, DentonMichelle S. Pieniazek, Frauleins & Cowboys, 4782 N.Bonnie Brae St., Denton Tara Renee Reed, Re-Styled Shimmer, 1520 CarriganLane, DentonVetco Sales Inc., Vetco Sales Inc., 3540 Shelby Lane,Denton

76208Bombshell Fabrication LLC, Bombshell Fabrication LLC,4100 Creek Hill Lane, CorinthBrett T. Manning, Kanapkis Subs and Salads, 1500 N.Corinth St., CorinthCJM Infotech Inc., Corinth Cleaners, 3400 CorinthParkway, No. 103, CorinthJudy A. Ritchie-Ramirez, La Sharmae, 2801 SpencerRoad, Apt. 23102, DentonLabinal-Corinth Inc., Labinal-Corinth Inc., 3790 RussellNewman Blvd., Denton Laura Chase, Rockinghcreations, 3119 Webb Road,DentonMichael Bradley Eggerton, Brad EggertonFilms/Photography, 2055 Stockbridge Road, Apt. 7206,DentonMillennium Productions Inc., Millennium ProductionsInc., 3030 N. Trinity Road, Denton Poum 21 Food Inc., Gentis Italian Restaurant, 4451Swisher Road, Corinth

76209Ashley Dawn Ford, Fleur De Lis Crochet, 1013 LagunaDrive, Denton

Cassandra Gail Arnold, Cassie Arnold Art, 2315Kayewood Drive, DentonCharles Dunton and Morgan Proudfoot, AdvancedCleaning Systems of Texas, 2428 Foxcroft Circle, DentonDavid Kuhl and Jolane Kuhl, My Kuhl Stuff, 2404 SaladoSt., DentonGloria A. Houts, Christian's Gifts Of Gold, 1405Brandywine Circle, DentonJohn E. Linden, RJT Enterprises, 3804 Titan Trail,DentonKaren D. Vaughn, Legacy For The Generations, 2601Buckingham Drive, DentonLiberty Firearms LLC, Liberty Firearms LLC, 504 ChateauCourt, Denton

76210Alliance Orthotics And Prosthetics LLC, AllianceOrthotics and Prosthetics LLC, 2921 Country Club Road,Suite 103, DentonBrad S. Smith, Best Paracord Straps, 4304 Bay MeadowDrive, DentonComprehensive Breast Care Center Of Texas Inc., SolisWomen's Health At Denton Regional Prof Building,3537 S. I-35E, DentonKroger Texas LP, Kroger Texas LP, No. 570, 5021 TeasleyLane, DentonNancy Lynn Turner, Visual Envoy, 1216 Nora Lane,DentonNew Wine Lights Inc., New Wine Lights, 7801 S. I-35E,Corinth

76226Ashley W. Johnson, Ol 76 Cantina, 1424 Country ClubRoad, ArgyleKim J. Earthman, The Forever Flowers Company, 180Stonewood Blvd., BartonvilleKristal E. Shoemake, Creative Shotz, 8204 CrookedStick Lane, Denton, 76226Larry Dickerson, Head – Lock, 702 Manor Drive, ArgyleLina P. Zielinski, Lina Zielinski Design Associates, 1515W. Jeter Road, ArgyleReal & Retail Unlimited Inc., Argyle Johnny Joe's, 401Highway 377 S., Argyle Suzanne Brooks, Birdhouses Etc., 211 Dallas St., Argyle

76227Charlotte Yvonne Dicenzo, Charli's Creations, 1413Canvasback St., AubreyHelena I. William, Shotzies, 8900 Redford Road, CrossRoadsJanet Meyers, Janet Meyers, 1055 Paige St., AubreyMorning Star Nuri Corp., Morning Donuts, 26735 USHighway 380E, Suite 109, Little Elm Roadhouse 380 LLC, Roadhouse 380 LLC, 26781 USHighway 380E, Little ElmStaci Mckinley, Jack's Choice, 8921 Tumbleweed Drive,Cross Roads, 76227

Timothy Justin Black, Caboodle Clothing And Gifts,8925 Stewart St., Cross Roads

76234Decatur Frog LLC, Sweetfrog, 1845 S. FM51, DecaturJames W. Kirts, JVK Enterprises, 1035 County LineRoad, DecaturMichael Wayne Eslinger, KDB Electric, 950 W.Thompson St., Apt. 208, DecaturRonald S. Padilla, Padilla's Cleaning Service, 503 W.Ash St., DecaturVhonda Jade Cayce, The Bow Bar, 1002 N. Miller St.,DecaturXchan Private Club Inc., Xchan Thai Bistro And Sushi,113 N. State St., Decatur

76249Luis Flores, Lucky Louie's Gifts, 1310 Dakota Trail,Krum

76258Aramark Educational Services LLC, Pilot Point ISD, No.3472, 829 S. Harrison St., Pilot PointComplete Electric & Construction LLC, Complete Electric& Construction LLC, 1024 N. Highway 377, Pilot Point David T. Drake, The Tiny D, 8977 Pecan Valley, PilotPointJabo Communications LLC, Jabo Comm, 1017 N.Highway 377, Suite 100, Pilot PointPedro Eutimio Cruz, Pedro's Tex Mex & Grill, 209 S.Washington St., Pilot Point

76259Kirk Zimmerman, New Wavelengths, 8664 N. SkilesRoad, PonderLinda J. Mcclendon, Hickory Hill Products, 12200FM2449, PonderRichman Investments LLC, Richman Investments LLC,231 Southpeak Lane, Ponder

76266Howard Stephen Erdman, Steve's Select, 201 OsageDrive, SangerJan-Michael Fancher and Stephanie Fancher, HometownInk, 8988 Cripple Creek Court, SangerJedd E. Trice, North Texas Auto Exchange, 1404 N.Stemmons St., SangerLil Buckaroos LLC, Lil Buckaroos LLC, 548 Lake RayRoberts Drive, Sanger Spencer Scott, Sanger Sports Nutrition, 5558 StoneCreek Drive, Sanger Tanja M. Williams, Bobs Pizza, 2800 FM455W, Sanger

SALES TAXThe following sales permits were issued by the State Comptroller’s Office for September. The list includes theowner, 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.

Vital Statistics

$131.74 Cow Camp Steakhouse, 3142 N. Highway 287, Decatur,$112.00 Crazy Horse Saloon And Dance Hall, 508 S. Elm St.,Suite A, Denton, $1,128.40 Crazy Horse Saloon And Dance Hall, 508 S. Elm St.,Suite A, Denton, $0 Dan's Silverleaf, 103 Industrial St., Denton, $5,609.80 Denton Country Club, 1213 Country Club Road, Argyle,$3,338.44 Denton Side Bar, 109 Ave. A, Denton, $3,410.82 Don Jose Mexican Food & Cantina, 301 N. Highway 287,Decatur, $581.98 Don Jose Mexican Food & Cantina, 301 N. Highway 287,Decatur, $545.44 El Fenix-Denton Texas, 2229 S. I-35E, Denton,$1,910.44 El Guapo's, 419 S. Elm St., Denton, $2,636.62 Ernesto's Mexican Restaurant, 10279 FM455E, Suite 1,Pilot Point, $3,130.26 Frilly's, 1803 S. Highway 287, Decatur, $3,406.90 Fry Street Public House, 125 Ave. A, Denton, $7,623.14 Fry Street Public House, 125 Ave. A, Denton,$10,317.02 Fry Street Tavern Club, 121 Ave. A, Denton, $11,139.38 Fuzzy's Taco Shop, 109 N. State St., Decatur, $1,075.76 Fuzzy's Taco Shop, 1044 Maple St., Suite 101, Sanger,$595.56 Genghis Grill - The Mongolian, 2416 Lillian MillerParkway, Denton, $505.68 Hailey's, 122 W. Mulberry St., Denton, $2,561.16 Hannahs, 111 W. Mulberry St., Denton, $9,668.96 Hickory Street Lounge, 212 E. Hickory St., Denton,

$4,716.60 Hilton Garden Inn – Denton, 3110 Colorado Blvd.,Denton, $817.18 Holiday Inn Denton, 1434 Centre Place Drive, Denton,$1,058.12 Holiday Inn Denton, 1434 Centre Place Drive, Denton,$1,187.20 Hooligans Private Club, 104 N. Locust St., Denton,$10,606.82 Hooters Of Denton, 985 S. I-35E, Denton, $7,379.82 II Charlies Private Club, 809 Sunset St., Denton,$10,551.66 J R Pockets Club, 1127 Fort Worth Drive, Denton,$6,503.14 Jackie's, 201 Main St., Lake Dallas, $5,140.94 Jag Private Club Inc., 119 S. Elm St., Denton, $4,811.38 Joey's Ristorante Italiano, 26735 US Highway 380E,Little Elm, $1,030.68 Joey's Ristorante Italiano, 26735 US Highway 380E,Little Elm, $1,211.56 Johnny Carino's Italian, 1516 Centre Place Drive,Denton, $1,969.94 Johnny G's, 130 Canyon Oaks Drive, Argyle, $439.18 Keiichi, 500 N. Elm St., Denton, $877.24 Kobe Sushi & Steak LLC, 2832 Eldorado Parkway, Suite208, Little Elm, $385.84 La Milpa Mexican Restaurant, 820 S. I-35E, Unit 1,Denton, $2,229.50 Lake Cities Post No. 88 America, 105 Gotcher Ave.,Lake Dallas, $3,473.54 Lake Cities Post No. 88 America, 105 Gotcher Ave.,Lake Dallas, $3,020.78 Lake Dallas Point Restaurant, 303 Swisher Road, No.100, Lake Dallas, $3,420.76 Lake Ray Roberts Area Elks Lodge, 1601 Marina Circle,

Sanger, $423.64 Lake Ray Roberts Area Elks Lodge, 1601 Marina Circle,Sanger, $172.76 Lantana Golf Club, 800 Golf Club Drive, Argyle,$3,372.04 Los Charros, 2763 E. Eldorado Parkway, Suite 105, LittleElm, $933.24 Los Jalapenos Restaurant, 420 W. Eldorado Parkway,Little Elm, $164.22 Love Shack, 113 E. Hickory St., Denton, $2,711.80 Lowbrows Beer And Wine Garden, 200 W. WashingtonSt., Pilot Point, $398.30 Lowbrows Beer And Wine Garden, 200 W. WashingtonSt., Pilot Point, $500.08 Lucky Lous, 1207 W. Hickory St., Denton, $24,922.94 Mable Peabody's Beauty Parlor, 1125 E. UniversityDrive, Suite 107, Denton, $3,230.22 Mellow Mushroom, 217 E. Hickory St., Denton,$5,481.98 Mellow Mushroom, 217 E. Hickory St., Denton,$5,299.14 Meritt Ranch Beverages Limited, 2946 Ganzar Road W.,Denton, $1,103.48 Metzlers Food And Beverage Inc., 1251 S. Bonnie BraeSt., Denton, $694.82 Mexi-Go Restaurant, 2831 Eldorado Parkway, Suite 112,Little Elm, $1,041.32 Mi Sueno Club, 2648 FM407E, Suite 150, Bartonville,$3,321.92 Miguelito's, 1521 E. McCart St., Krum, $1,284.64 Miguelitos, 1412 N. Stemmons St., No. 178, Sanger,$2,657.06 Norman Heitz Memorial Post 104, 501 Thompson St.,Lake Dallas, $2,020.62 Oak Street Drafthouse Club, 308 E. Oak St., Denton,$15,663.06 Oakmont Country Club, 1200 Clubhouse Drive, Corinth,$3,689.98 Ollimac Company, 1400 Corinth Bend, Suite 103,

Corinth, $904.68 On The Border, 2829 S. I-35E, Denton, $6,274.80 Outback Steakhouse, 300 S. I-35E, Denton, $4,438.56 Papi's Cantina Private Club, 421 Highway 377S, Argyle,$937.44 Pei Wei Asian Diner, 1931 S. Loop 288, Suite 130,Denton, $179.76 Phil Miller Post No. 2205 VFW of Denton, 909 SunsetSt., Denton, $2,047.22 Pilot Point Columbus Club, 221 N. Prairie St., PilotPoint, $9.24 Pourhouse Sports Grill, 3350 Unicorn Lake Blvd.,Denton, $5,058.48 Prairie House Restaurant, 10001 Highway 380, CrossRoads, $1,907.64 Red Lobster No. 6349, 2801 S. I-35E, Denton, $3,019.94 Reunion On The Square, 106 N. Trinity St., Decatur,$523.04 Reunion On The Square, 106 N. Trinity St., Decatur,$572.60 Ringers, 807 Eagle Drive, Denton, $1,561.14 Riprock's, 1211 W. Hickory St., Denton, $11,674.18 Rockin' Rodeo, 1009 Ave. C, Denton, $12,748.12 Rocky's Sports Bar, 2000 W. University Drive, Denton,$5,067.16 Rooster's Roadhouse, 113 Industrial St., Denton,$5,587.96 Rosa's Cafe & Tortilla Factory, 1275 S. Loop 288,Denton, $347.90 RT's Social Club Inc., 1100 Dallas Drive, Suite 124,Denton, $14,819.84 Rubber Gloves, 409 E. Sycamore St., Denton, $2,378.32 Ruben's Ballroom, 1982 E. Highway 380, Decatur,$594.72 Ruby-Jeans Social Club Inc., 309 N. FM156, Ponder,$1,277.08 Schmitty's, 407 W. Eldorado Parkway, Suite 1, LittleElm, $370.58 Scooters Tavern, 6481 FM455W, Sanger, $2,255.82

Sushi Café, 1401 W. Oak St., Denton ,$89.88 Sweetie Pie's Ribeyes, 201 W. Main St., Decatur,$638.26 Sweetwater Grill & Tavern, 115 S. Elm St., Denton,$7,739.76 Swishers, 501 E. Swisher Road, Lake Dallas, $0 Texas Land & Cattle Steak House, 8398 S. StemmonsFreeway, Hickory Creek, $2,492Texas Roadhouse, 2817 S. I-35E, Denton, $6,009.08 The Abbey Inn Restaurant & Pub, 101 W. Hickory St.,Denton, $8,023.12 The Aztec Club, 720 W. University Drive, Denton,$2,930.34 The Bears Den, 11670 Massey Road, Pilot Point, $0 The Bears Den, 11670 Massey Road, Pilot Point, $0 The Garage, 113 Ave. A, Denton, $6,641.32 The Green House, 600 N. Locust St., Denton, $4,233.74 The Labb Club, 218 W. Oak St., Denton, $6,299.30 The Lion's Den, 2700 E. Eldorado Parkway, Suite 250,Little Elm, $3,027.78 The Olive Garden Italian Restaurant, 2809 S. I-35E,Denton, $3,464.58 Three Fins Seafood Grill, 2303 S. I-35E, Denton,$1,316.14 University Lanes, 1212 E. University Drive, Denton,$1,581.30 Verona Pizza Italian Restaurant, 201 Loop 81/287N,Decatur, $168Villa Grande Mexican Restaurant, 2530 W. UniversityDrive, Suite 114, Denton, $1,562.96 Vitty's Club Inc., 1776 Teasley Lane, Suite 102, Denton,$4,203.08 Wild Horse Grill, 9400 Ed Robson Blvd., Denton,$2,695.28 Wild Horse Grill, 9400 Ed Robson Blvd, Denton,$2,576.56 Wing Town, 4271 FM2181, No. C316, Corinth, $0

MIXED BEVERAGE TAX| CONTINUED FROM PAGE 20

Page 24: October Denton Business Chronicle 2012

24

Oct.12

DentonBusinessChronicle

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