september denton business chronicle 2012

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Sep.12

DentonBusinessChronicle

Career AdvancementsRicky Grunden, president and

CEO of Grunden FinancialAdvisory Inc.,was awardedthe Dallas/FortWorth 2012Regional FiveStar WealthManageraward.

Five StarProfessional, a firm that pro-vides localized and independentresearch on the performance ofservice professionals, partneredwith Texas Monthly Dallas-FortWorth region to find wealthmanagers who satisfy certaincriteria to get the award. Fewerthan 4 percent of the wealthmanagers in the Dallas-FortWorth area were selected,according to a press release.

The Five Star Award is pre-sented to service professionals,such as wealth managers andreal estate agents, in more than45 markets in the U.S. andCanada, according to its website.

Grunden was to be featuredin the 2012 special section of theAugust edition of TexasMonthly.

Grunden Financial Advisory,an investment and wealth man-agement firm, is located at 2516Lillian Miller Parkway, Suite110.

�

Craig Jones, owner of GroggyDog Sportswear, a Dentonscreen-printing and embroiderybusiness, opened a second loca-tion in Lewisville on Aug. 1.

Groggy Dog,founded in2000, first hada storefront offLoop 288, thenmoved to 615Dallas Driveeight years ago.

TheLewisville location is at 1079 W.Round Grove Road, Suite 500,and will have two employees,Jones said.

�

Auctioneer Mike Jones ofDallas was inducted into the

NationalAuctioneersAssociationHall of Fameon July 19 dur-ing its nationalconference inSpokane, Wash.

Jones is thefirst and only member of the 63-year-old professional organiza-tion to attain the “Triple Crown”title. He is the 1998International AuctioneerChampion, served as theNational AuctioneersAssociation president from2004-05 and is now a 2012 Hallof Fame inductee, a news releasesaid.

Jones is an alumni of theUniversity of North Texas, wherehe attended in the late 1970s.Ever since, he has returned tothe UNT College of Business toshare tips on how to build anational business from theground up.

In a news release, Jones saidhe has conducted many auctionsin Denton over the years. Hiscareer highlights include servingas auctioneer when the Denton-area Arts Guild facility openedand working with Al Hirt, aniconic trumpet player, duringthe Spring Fling at the NorthTexas Fairgrounds in 1983.

Jones and his wife, Lori, oper-ate the Texas Auction Academy— an auctioneer training schoolthat has trained more than2,000 auctioneers since 1992.

�

First State Bank announcedCross Roads resident PhilipStrange wasnamed seniorvice presidentof mortgagelending in July.

Strange isleading FirstState Bank’snew mortgagedivision located at the down-town Denton branch, 400 W.Oak St.

The new division offers mort-gage loan services to Denton,Cooke and surrounding countiesand will assist customers at anyof the nine First State Banklocations, according to a newsrelease.

Strange, a former certifiedpublic accountant, has 16 yearsof mortgage industry experience,according to a release. Prior tojoining First State Bank’s mort-gage division, he was presidentof GSB Mortgage Inc., according

to his LinkedIn profile.Chartered in 1905, First State

Bank is the oldest state bank inTexas and has $630 million inassets.

�

Aubrey resident Laura Smithwas named assistant shoppermarketingmanager forPlano-basedRug DoctorInc., an interna-tional manufac-turer of steam-cleaning carpetmachines andother related products.

Smith manages retailaccounts, as well as cooperativeadvertising funds for large andnational retailers, according to anews release.

Smith has more than 20 yearsof experience working in thecustomer-packaged goods andbeverage industry.

She worked for the Dr PepperSnapple Group for almost sixyears as customer service man-ager in developing nationalproduct launches, creating inter-nal publications to educate sen-ior management and developingmarketing and research strategyfor fact brand distribution.

Rug Doctor Inc. was original-ly established in Fresno, Calif., in1972.

The company relocated itscorporate offices to Plano in1998.

�

Cindy Thompson has joined

the Golden Triangle Mall staff asmarketing director.

Thompsonwill be respon-sible for creat-ing and execut-ing the mall’smarketing, pub-lic relations andadvertising andsocial mediaprograms, according to a newsrelease.

Thompson has 30 years ofexperience in marketing. Priorto joining the mall, Thompsonhandled business developmentand short-term leasing forGalleria Dallas for three years,according to her LinkedIn pro-file. She also served as market-ing manager for The Parks atArlington Mall.

Her additional mall market-ing experience includes workwith North Hills Mall in NorthRichland Hills, FestivalMarketplace Mall in Arlingtonand Gainesville Factory Shops inGainesville.

Thompson began her market-ing career in 1976 with Chicago-based Homart Development Co.before handling marketing forSan Francisco’s Pier 39 shoppingand entertainment district.

Thompson received a bache-lor’s degree in journalism with apublic relations sequence fromthe University of Texas atAustin. She also has her certifiedmarketing director designationfrom the International Councilof Shopping Centers.

Grunden

Jones

Jones

Strange

Smith

Thompson

Monthly News Recap7-31

AG’s office rules forDCTA notices

The Texas Attorney General’sOffice has ruled that postednotices of Denton CountyTransportation Authority com-mittee meetings have been suf-ficient to comply with thestate’s open meetings laws. Theruling came in July, a monthearlier than expected.

In a Feb. 27 letter to the

attorney general, Rep. BurtSolomons, R-Carrollton,requested the extra scrutiny ofagenda postings for DentonCounty TransportationAuthority committee meetings.

State law allows only certainelected and appointed officialsto ask for such opinions.

�

Corinth tax rolls continue growth

Certified tax rolls show that

for the third consecutive yearCorinth will have a surplus, giv-ing officials’ confidence they’ll beable to build a balanced budgetand continue to pay the city’sdebt without raising the tax rate.Two Lake Cities communitiessaw slight increases and twoothers saw slight decreases intheir taxable values after the cer-tified tax rolls were released lastmonth. According to officials,values were close to what wasexpected.

8-1

UNT starts hiring freezeThe University of North Texas

is implementing a hiring freezebecause of a tough fiscal situa-tion and uncertain budgets,President V. Lane Rawlins wrotein a letter to faculty and staff inJuly.

UNT is citing three reasonsfor the freeze, which include adecline in enrollment, waiversand exemptions that lower the

university’s tuition revenue, andthe need to identify furtherreductions for the upcoming leg-islative appropriation request,according to the letter.

8-2

Company breaks groundon new plant

Peerless Manufacturing Co.broke ground on a more than

| CONTINUED ON PAGE 8

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Sep.12


September 2012

IndexJonathan Fite | 4Other Enterprising

Voices | 10Mixers | 5, 6Monthly News

Recap | 2Career

Advancements | 2Vital Statistics | 16-23

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: The new Target distribution center located off

Airport Road.

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, Sept. 25, 6:30 p.m.

American Association of UniversityWomen, Denton Branch meets atTexas Woman’s UniversityStudent Union, Room 113. Call940-898-3797. Visit www.aawdenton.org or e-mail [email protected].

Wednesday, Oct. 3, 6 p.m.

Association of Business ContingencyPlanners, North Texas Chapterhas its monthly luncheon atUniversity of North Texas,Denton. Cost is $35 per person.For time and location, visithttp://northtx.acp-international.com/index.php/events.

Tuesday, Oct. 2

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, Oct. 17, 11:30 a.m.

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

Tuesday, Oct. 9, 6 p.m.

Denton Chamber of CommerceBusiness Networking Lunchmeets at Holiday Inn – Denton,1434 Centre Place Drive. Lunchmay be purchased for $10 fromHoliday Inn – Denton.

Friday, Oct. 5, noon

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

Friday, Oct. 5, 7:30 a.m.

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

Saturday, Oct 20, 9:30 a.m.

Denton Planning and ZoningCommission meets in the council

chambers at City Hall, 215 E.McKinney St.

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

Wednesday, Oct. 10, 6:30 p.m.

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

Wednesday, Oct. 3, 7 p.m.

Home Builders Association of GreaterDallas, Greater Denton Division has itsmonthly meeting and luncheonat Abuelos, 2520 S. StemmonsFreeway in Lewisville. Cost is$15 for associates and builderswith reservations and $18 forwalk-ins. Call 214-615-5012 orvisit http://www.dallasbuilders.com/event/denton-county-divi-sion-6/

Tuesday, Sept. 25, 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, Sept. 20, 9 a.m.

Thursday, Oct. 18, 9 a.m.

Lake Cities Chamber of Commerce willhost its monthly luncheon at theOakmont Country Club inCorinth. Cost for members is$15, $20 at the door. RSVP isneeded to [email protected]

Monday, Oct. 8, 11:15 a.m.

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





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

Monday, Oct. 1, 7 p.m.

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

Monday, Oct. 8, 7 p.m.

NAACP, Denton County Chapter meetsat the Denton Housing Authority,1225 Wilson St.

Thursday, Oct. 11, 7 p.m.

Pilot Point Chamber of Commercemeets for its monthly luncheonat Lantana Resort, 2200FM1192 in Pilot Point. Cost is $1 per person payable atthe door. RSVP is needed. Visithttp://pilotpoint.org.

Thursday, Oct. 18, 11:30 a.m.

North Texas Society for HumanResource Management meets atHoliday Inn Hotel and Suites,1434 Centre Place Drive inDenton. Cost to attend is $18 formembers and first-time guestsand $23 for returning non-members. Visit www.northtexasshrm.org.

Thursday, Sept. 27, 11:15 a.m.

SCORE, the Service Corps of RetiredExecutives offers free managementcounseling for prospective newbusiness owners or existing busi-nesses in trouble. Confidential,one-hour counseling sessions areavailable by appointment everyWednesday at South Branch ofthe Denton Library, 3228 TeasleyLane. Call 940-349-8752 tomake an appointment.

Wednesday, Sept. 26, 9 a.m.

Wednesday, Oct. 3, 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, Oct. 9, 7:15 a.m.

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

Tuesday, Oct. 2, 11:30 a.m.

Please tell us about your event or

meeting by e-mailing Karina Ramirez

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.

September 2012 | Vol. 8, No. 7

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]

Contents |

4

Sep.12


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Enterprising Voices

A Value Investing Triumph“Investment students need

only two well-taught courses –How to Value a Business, andHow to Think About MarketPrices.”

- Warren Buffett, 1996Letter to Shareholders

On the morning of July30, my business part-ner and I received

some wonderful news. The engi-neering and construction firmChicago Bridge & Iron (CB&I)announced it would buy outShaw Group — one of our fund’smajor holdings — for about $46per share. As Shaw sharessurged on the news, we exitedthe position. Shaw, with its 72percent gain in approximatelyone year, has been a very prof-itable investment for our part-ners.

The successful Shaw invest-

ment also gives a glimpse of thepowerful principles of ValueInvesting, the philosophy thatguides our investment partner-ship. These principles helpedcreate some of the world’s great-est fortunes, including those ofWarren Buffett and his teacherand mentor, Benjamin Graham.As Mr. Buffett notes in the quo-tation above, the essence ofValue Investing includes two keydisciplines.

The first discipline, “How to

Value a Business”, provides uswith the required intellectualtools. A stock should be viewedas a fractional ownership inter-est in a business. We mustunderstand the business, itsindustry and its competitors. Weneed to determine if the man-agers are smart, pro-shareholdercapital allocators (a vital but sur-prisingly rare trait). Then, byanalyzing the company’s assets,cash-generating power andgrowth prospects, we can calcu-late the company’s intrinsicvalue, the true worth of thestock.

The second discipline, “Howto Think About Market Prices,”provides us with the necessaryemotional tools. It requires us tounderstand that the stock mar-ket is not “efficient,” and so themarket price of a stock often dif-fers from its intrinsic value.

When a stock’s price declines farbelow its intrinsic value, theresulting margin of safety cre-ates an investment opportunity.This second discipline is verydifficult to master, since thevalue investor must seekunloved companies that are outof favor with the mainstreamopinion. Since cheap stocks canget cheaper, value investingrequires emotional resilience.Rather than expending energyin the futile parlor game of pre-dicting the market, valueinvestors focus on exploiting themarket.

The investment in ShawGroup tested our skills in bothof these disciplines. Let’s delveinto this investment’s story inmore detail.

Over the next 20 years, morethan a billion people will enterthe “middle class.” China andIndia account for the majority ofthis rise, but across most ofSoutheast Asia and LatinAmerica, huge swaths of peoplewill enter the workforce, buy tel-

evisions and automobiles andgenerally seek to improve theirquality of life. Today’s energycomplex cannot support thisgrowth. The businesses, homesand agencies required to employ,house and support this popula-tion mass will require vastamounts of electricity — powerthat today’s infrastructure sim-ply cannot supply. In addition,the nature of today’s energycomplex relies primarily on fos-sil fuels, namely coal and naturalgas. This presents two mainproblems: how does the worldproduce more energy and fromwhat sources will this energycome?

By all accounts, coal and nat-ural gas are not going away anytime soon. In fact, recent projec-tions from the U.S. EnergyInformation Administration’s(EIA) International EnergyOutlook expect world coal andnatural gas consumption to rise80 to 100 percent over the next

Jonathon FITE |

FITE | CONTINUED ON PAGE 9

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Sep.12


The Lake Cities, Little Elm and Argyle chambers hosted a Mix &Mingle mixer Thursday, Sept. 6 at Texas Land & Cattle, 8398 S.Stemmons Freeway in Hickory Creek. The event was sponsored bythe Boys and Girls Clubs of North Central Texas and Chris Stabile ofMerchant Bank Card.

Sugene May of Lake Cities Spirit of Christmas and Shanna Terry withMotek Plumbing.

The Lake Cities, Little Elm and ArgyleChambers of Commerce

Rick and Babs Troutman of Boys & Girls Clubs of North Central Texas.

Mix with usTell about your event or send photos

E-mail photos(200 DPI or higher) to

[email protected]

Robin Goodale, Kathy King Gilbert and Larry Gilbert.

Lane Henderson and Michelle Henderson, directors of the IASIS Academy.

Tom Atchinson with Batteries Plus and Eric Grunor of the Eric Grunor State Farm Insurance Agency.

Melissa Cox of Aclarus Marketing & Events and Marie Smith, executivedirector of the Argyle Chamber of Commerce

Business Mixers

Photos by Karina Ramírez

6

Sep.12


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Peerless Manufacturing held a ceremonial groundbreaking at its new80,000-square-foot manufacturing facility in early August locatednear Airport Road. Peerless is the leading providers of custom engi-neered systems and products designed to help ensure the delivery ofsafe, efficient and clean energy.

From left to right: Jim Corry, pre-construction manager, SchwobBuilding Company; Stan McClure, CBRE; Jay Lorch, CBRE; ScottSchwob, owner, Schwob Building Company; Andy Erickson, vice presi-dent, Schwob Building Company, general partner; Ron McCrummen,PMFG CFO; Peter Burlage, PMFG CEO; Sherrill Stone, PMFG, chairmanof the board; Sean McMenamin, Peerless Mfg. Co., vice president –manufacturing and supply chain; and Warren Hayslip, Peerless Mfg.Co., executive vice president – operations.

Peerless Manufacturing

Mix with usTell about your event or send photos

E-mail photos(200 DPI or higher) to

[email protected]

Business Mixers

Tetra Pak and Dean Foods employees volunteered at the North TexasFood Bank on August 22 to help with packaging milk into back-packs. The companies gave the food bank 250,000 specially pro-duced, single-serve cartons of shelf-stable milk. Company officialssaid the donation — which will save NTFB $92,500 — will supplymilk for more than three months to the program, which sends back-packs of nutritious food home with 8,250 chronically hungry school-age children each weekend.

The North Texas Food Bank says thank you for the 250,000 units ofmilk that were donated.

Tetra Pak and Dean Foods

7

Sep.12


It is a true statement of fact that more than half of married couples will come to a situation in their life in which they will need the guidance of an attorney. The family law attorneys at KoonsFuller, P.C. advise that if you can stay married, they encourage couples to do so. However, if you find that it is inevitable that the marriage is going to end in divorce, it is imper-ative that your choice be governed by reason and diligence. Here are the answers to some of the most common divorce questions we face.

Q: What is the most common concern encountered regarding custody? People often express fear that, should they divorce their spouse, their childrenwill be “taken away” from them or they will “never see them.” However, unlessa parent is found to be dangerous to the child’s immediate health and welfare,the fear of losing regular and normal access to your children in a divorce is a myth. The legal presumption in Texas is that it is in the best interest of a child that both parents be appointed “joint managing conservators”—often referred to as “joint custody.” The real-ity is that, in most cases, the court is going to award joint custody, where both parents share equally or independently in most parental rights. In today’s modern world of divorce, it is rare for a parent to beawarded sole custody...............................................................Q: Does “joint custody” mean all rights and possession are equal to both par-ents?Although Texas is slowly moving toward more equality in co-parenting, joint custody doesn’t mean all things are always equal. One parent may be granted certain decision-making rights over the other parent, and although equal (or 50/50) possession schedules are ordered by the court under the proper circumstances, Texas statutes that govern family law provide for a specific default possession schedule—referred to as a “Standard Possession Order”—that is not quite equal, although very close if the expanded version is ordered. Many parents perceive this lack of total equality as unfair. However, the issue is not fairness to the parent—it is what is in the best interest of the child under the specific circumstances..............................................................Q: How much should I expect to pay or to receive in child support each month?The monthly child support obligation isgenerally based on a certain percentage of a person’s net monthly income. This is commonly referred to as “guideline child support.” This percentage varies depending upon the number of children for which there is a legal obligation to provide support. The monthly net amount upon which the child support calculation is based is usually capped at a percentage of the first $7,500 net available funds per month. However, like many issues that arise in family law, the court has the discretion to deviate from the standard guidelines under specific circum-

stances. Medical insurance for the children is also a child support obligation, but in addi-tion to the guideline child support. It is also very common to require that the person paying the child support—referred to asthe “obligor”—name the children as benefi-ciaries on a life insurance policy insuring the obligor’s life that will pay out an amount that is sufficient enough to satisfy the remaining child support obligation.............................................................Q: As far as property is concerned,everything is divided in half, right?Equal division of community property hap-pens a lot, but it is not a legal rule. Texas is a community property state, so the initial legal presumption is that everything owned by the spouses is community property until proven otherwise. As the case pro-

gresses, the attorneys gather information to assist them in determining whether the property is possibly separate, community, mixed in character, owned or affected by an entity or trust or otherwise subject to other claims, such as offsets or reimburse-ment. This process is often referred to as characterization and tracing and can be very complicated and complex depending upon the content of the estate. At the end of the case, if the parties are unable to reach an agreement, the court will divide the community in a way the court deems just and right under the particular facts and circumstances of that case. So, a just and right division might be 50/50, or it may be disproportionately in favor of one spouse, depending upon the underlying circumstanc-es as presented to the court.............................................................Q: Does Texas have alimony?Alimony is governed by the Internal Revenue Code (federal law), not the Texas Family Code, and in Texas, alimony only occurs by contractual agreement between the spous-es. In other words, one spouse must con-tractually agree to pay alimony to the other. However, Texas law does contain provisions that give the court discretion to award spousal maintenance after divorce under very specific facts and circumstances, if the spouse qualifies to receive it.............................................................Q: How are family finances handledwhile my divorce is pending?In most larger counties, a contested divorce can take up to a year or longer to complete. In some counties, the court system provides

associate judges to assist district judges to help protect the children, the parties and the marital estate while the divorce is pend-ing through temporary orders that govern temporary custody, temporary child support and temporary use of property, among many other things.............................................................Q: Does my case have to go to trial?Although many divorces begin as contested and court appearances are often necessary during the litigation process, most cases ultimately do not go to final trial, but rather settle through mediation or settlement nego-tiations. The collaborative law process is also an option. Only a very small percentage of divorce cases actually go to trial, in which case the judge will hear the evidence and make all the decisions for you regarding the issues you are unable to agree upon...................................................................At KoonsFuller, P.C., we measure our suc-cess by how well we meet or exceed our clients’ expectations and whether the clients and their families emerge from an action emotionally and financially intact. Success is not measured just by the results of a hear-ing or settlement conference, but by how the actions of all KoonsFuller, P.C. attorneys and staff affect the long-term well-being of our clients and their families...................................................................Charla Bradshaw is managing attorney at KoonsFuller’s Denton office. She is board certified in family law by the Texas Board of Legal Specialization.

ADVERTISER FOCUS: KoonsFuller, P.C.

Common Divorce Questions Answered: Assuring Peace of Mind for Clients and Their Families

Denton320 West Eagle Dr., Suite 200, Denton[p] (940) 442-6677.................................................Southlake Town Square181 Grand Ave., Suite 225, Southlake[p] (817) 481-2710.................................................West Plano5700 West Plano Pkwy., Suite 2200, Plano[p] (972) 769-2727.................................................Uptown Dallas1717 McKinney Ave., Suite 1500, Dallas[p] (214) 871-2727......................................................[w] www.koonsfuller.com

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“Success is not measured just by the results of a hear-ing or settlement conference, but by how the actions of all KoonsFuller, P.C. attorneys and staff affect the long-term well-being of our clients and their families.”

Sean AbeytaFamily Law Attorney

Charla H. BradshawManaging Attorney

(pictured above): KoonsFuller, P.C. Managing Attorney Charla Bradshaw. Family Law Attorne Sean Abeyta. IkeVanden Eykel is known nationwide as one of the most renowned family law litigators, and co-authored “Protecting YourAssets From A Texas Divorce” along with KoonsFuller, P.C. attorneys Rick Robertson, Heather King and Charla Bradshaw.

This comprehensive updated book is designed to help couples retain their assets when they divorce from spouses who split household items to married business partners who divide large, privately held companies and emerge from divorce fi nancially intact no matter how diffi cult the economic landscape. The authors provide expertise in fi nancial planning, estate planning, retirement issues, counseling, real estate, business valuation, taxes, insurance, bankruptcy and other areas affecting the fi nancial future of divorcing Texans.

Protecting Your Assets from a Texas Divorce

To receive a complimentary book go to:www.koonsfuller.com/complimentary-divorce-book

Pictured above: KoonsFuller, P.C. Managing Attorney Charla H. Bradshaw and family law Attorney Sean Abeyta. About the book: Ike Vanden Eykel is known nationwide as one of the most renowned family law litigators and co-authored “Protecting Your Assets From A Texas Divorce” along with KoonsFuller, P.C. attorneys Rick Robertson, Heather King and Charla Bradshaw.

8

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30-acre lot recently near DentonAirport. Slated to open nextsummer, the approximately80,000-square-foot manufac-turing facility — with room forexpansion — more than triplesthe size of the company’s currentapproximately 22,000-square-foot facility in the 1100 block ofDuncan Street. The new facility’sprice tag totals about $9 million,according to company officials.When the facility is fully opera-tional, the company looks toemploy about 160 people.

8-3

Budget talks begin forcity of Denton

The Denton City Councilsought more information behindsome assumptions in the city’sproposed $745 million budgetfor 2012-13, a 27 percentincrease in spending over 2011-12. That increase includes $116million in capital improvements,a 3 percent pay raise for the staffand the full-time equivalent ofabout 48 new hires.

The budget assumes the citywill charge the same property

tax rate as last year, or 68.975cents per $100 valuation.Because the average Dentonhome is worth slightly less in2012, dropping to $154,354from $154,378 in 2011, the aver-age taxpayer would be expectedto pay 17 cents less this year.

However, the proposed taxrate is higher than the effectivetax rate — the city estimates itwould take about 68.045 centsper $100 to raise the sameamount of money on the sameproperties as last year.

Thus, keeping the same taxrate, under the law, is considered

a tax increase, said BryanLangley, the city finance director.

The city expects to collectabout $26 million in sales taxnext year, but $1.4 million willbe refunded for economic incen-tive agreements.

As a result, net sales taxreceipts for 2012-13 are likely tobe slightly less than grossreceipts for 2011-12.

8-4

County officials changedepartment name

Denton County officials made

some changes to the museumsdepartment.

Commissioners recentlyapproved a concept plan tochange the name of the depart-ment to the Office of Historyand Culture.

Officials said they want toimprove some of the buildingsand exhibits, look for morefunding sources and reorganizethe museum’s marketing efforts.

The efforts will include hiringa curator of exhibits, who willcreate educational exhibits that

| CONTINUED FROM PAGE 2


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Enterprising Voices

20 years as more traditionalpower plants come online tosupport demand. Renewablepower sources are expected togrow at similar rates, but theirlow base may have nominal realimpact. Beyond these sources, a“renaissance” in nuclear powerbegan to take hold coming outof 2010.

In 2011, roughly 430 nuclearpower plants operated aroundthe world. About 25 percent ofthese were found in the U.S.while Japan, Germany andFrance comprised almostanother percent of that figure.Across Brazil, Russia, India andChina (the BRICs), a mere 61nuclear plants were in opera-tion. But over the next twodecades, total nuclear powerplants under construction,planned or proposed wouldnearly double, with more than250 of those coming from theBRIC countries alone. Withthis data well understood, thestock prices of companieslinked to this growth outlookperformed well in 2010 andearly 2011. Then, a majorearthquake and subsequenttsunami crashed into the north-eastern shores of Japan, devas-tating one of the country’s old-est nuclear power plants inFukushima.

The world was shocked.Japanese energy officials calledfor a suspension of all futurenuclear power plants, and areview of their current fleet.Germany’s chancellor ruled theirfleet of nuclear power plantswould be retired. Even Chinastated their plans might bereconsidered. Every companylinked to the broader nuclearpower industry sold off in apanic.

Shaw Group, one such com-pany that we had been followingfor some time, got swept away inthe selling deluge. Yet, while onesegment of the company’s opera-tions was linked to the engineer-ing design, construction andmaintenance of such nuclearfacilities, this was not all thecompany did.

Shaw provided these services

to the entire power industry;while its engineering team hadpatented state-of-the-art designsfor next-generation nuclearpower plants, their teams sup-ported natural gas, coal andother power generation meth-ods, as well. Beyond power plantconstruction, the company had acore competence in the design,build and maintenance of majorrefining and chemical produc-tion facilities.

In addition, Shaw provided ahost of environmental servicesincluding remediation services(think clean-up crews after anatural disaster), emergencyservices (like construction,maintenance and decommissionof temporary shelter facilities)and environmental engineeringservices (planning, design andprogram management of regula-tory response initiatives).Finally, each of these businesseswas supported by a leading fab-rication and manufacturingcapability for industrial pipesand steel assemblies. As thenumber 1 or 2 player in its seg-ments, we believed Shaw wouldhave a major role to play overthe coming years as the world’sindustrial and power complexexpanded to meet its growingneeds.

Shaw also possessed afortress-like balance sheet, withnearly a billion dollars in cash.Using a conservative view of itsprofits and growth potential, weestimated that the company’sintrinsic value was approximate-ly $45 per share.

Yet, after Fukushima domi-nated the headlines and themarkets grew more pessimisticover the summer that growthwould never return, Shaw’sstock price continued to slide.We established a preliminaryposition in the stock at about$26 per share. But amid theU.S. debt ceiling debacle inAugust 2011, freaked-outinvestors sold off the stock aslow as $20 per share. At thoseabsurd levels, Shaw was basi-cally trading for the cash on itsbalance sheet — traders weregiving no credit at all to itsworld-class business. Weexploited the opportunity to

buy more Shaw shares at thesesilly cheap prices.

A few months later, U.S. regu-latory agencies approved thecompany’s next-generationnuclear power plant design forkey domestic projects. China,India and many other “emergingmarket” leaders pledged to keepforging ahead with their nuclearplans. The company’s otherbusiness segments continued toperform well and its manage-ment bought shares in the openmarket with their own money.We waited patiently for manymonths… until the CB&I buyoutannouncement.

We like to say that value is itsown catalyst, and we’re notcounting on a buyout to realizeour investment thesis. In duecourse, Shaw’s stock price wouldlikely have corrected upwardtoward its intrinsic value evenotherwise. But CB&I certainlyaccelerated the process.

We often field questions fromour partners who ask what wethink the market will do overthe coming months. We oftenrespond by saying we don’tknow: if the market goes up,then the cheap companies wehold typically outperform; if themarket goes down, then we tryto buy more. Over time, we don’treally care what the “market”does. This point of view is notglib or naïve. It simply reflectsthe fact that our successfulinvestment in Shaw didn’trequire us to predict where themarket was heading, or guesswhat the Federal Reserve wasgoing to do next. It demandedthat we master how to valuebusinesses and how to thinkabout market prices.

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

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Enterprising VoicesAnatomy of ‘Project Tea Cup’As a practitioner and edu-

cator in the economicdevelopment field, one

thing I continue to remind myaudience is that “nothing hap-pens fast in economic develop-ment.” This is evident in ProjectTea Cup.

On May 11, 2009, I received acall from a site location consult-ant with WDG in New Jerseyabout a company interested inDenton for its distribution facilityfor frozen and perishable foods.The project was confidential andwas to be referred to as “ProjectTea Cup.” On May 14, the con-sultant came to Denton and wemet with human resource direc-tors of five leading companies inDenton to discuss local work-force trends and availability. OnJune 25, the project had beenhanded over to CBRE in Dallasto handle the physical site loca-tion process. Forty-two sites wereoriginally being considered. Theforty-two sites were then nar-rowed to seven sites and theDenton site was eliminated. OnAug. 7, I once again received acall from CBRE and the Denton

site was being considered again.We then discussed further theavailable incentives and detailedsite information. Then, on Aug.14, I got a call from CBRE in OakBrook, Ill., and they were nowhandling the project. The sevensites being considered for ProjectTea Cup had now been narroweddown to two sites and Dentonwas one of the two. At that time,the property owner and myselfwere asked to sign a NDA (non-disclosure agreement) and thecompany’s identity was thenrevealed — Project Tea Cup wasthe Target Corporation.

On Sept. 15, the project wentto the Economic DevelopmentPartnership Board to reviewTarget’s tax abatement request

and recommended a five-yearand 100 percent tax abatement.In July 2010, the City Councilapproved the tax abatementagreement. Finally, April 2011,Target broke ground on its facili-ty. Since that time, the distribu-tion center’s management teamhas been put in place and willsoon begin hiring other positions.Its goal is to be operational bythe end of the first quarter of2013.

As you can tell by the story Ijust shared with you, from thetime we first received a phonecall to the company’s operationsopening, it will be four years withthe greatest bulk of time beingdevoted to the actual site locationand incentive negotiationprocess.

In the world of economicdevelopment, patience is not onlya requirement but a virtue.

KAREN DICKSON, vicepresident of economic develop-ment for the Denton Chamberof Commerce. She can bereached at [email protected].

Karen DICKSON |

September is typically amembership luncheonmonth, but in order to

accommodate a very importantfeatured speaker, we have shiftedthe date to Thursday, Nov. 8. TheWomen In Commerce FallConference is the next day, Nov.9; both will be in Hubbard Hallat Texas Woman’s University.

Our Convention & VisitorBureau will hold its annualPlanner’s Zone at the UNTGateway Center on Oct. 25; and,the Hilton Garden Inn will hostour Holiday Open House on Dec.5.

We’ve tentatively scheduled asend-off reception for the DentonCounty state legislative delega-tion, in conjunction with theLewisville and Flower Moundchambers, on Dec. 6 at Apogee

Stadium.We’ve decided to postpone the

Celebrity Chefs event; our intentis to reschedule at a time whenwe don’t have so many otherfunctions.

We’re pleased to announce thatPhil Wilson, the new executivedirector of the Texas Departmentof Transportation, will be ourspeaker at the Nov. 8 member-ship luncheon. We have request-

ed that he address plans forexpanding and improvingInterstate 35, and the westernsegment of U.S. 380 fromDenton to the Wise County line.

Prior to his TXDoT appoint-ment, Wilson served as the TexasSecretary of State, as well as heldseveral senior roles for Gov. RickPerry. He spent more than 10years as a senior aide to formerU.S. Senator Phil Gramm.

The luncheon will be spon-sored by Bill Utter Ford. Pleasesave the date; more details will beavailable soon.

CHUCK CARPENTER ispresident of the DentonChamber of Commerce. He canbe reached at 940-3682-9693or e-mail at [email protected].

Chuck CARPENTER |

Luncheon date shifted to November

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Monthly News Recap

can be showcased at countybuildings across the county, notjust in the city of Denton.

8-5

Home sales across stateup over last year

In the second quarter of 2012,home sales across the stateincreased 13 percent from a yearago, and the median priceincreased by 7 percent over thesame time frame. In DentonCounty, the number of homesales was up 23.4 percent whilethe median price increased 8.3percent, according to the TexasQuarterly Housing Report,issued by the Texas Associationof Realtors.

8-6

Historical commissionunveils new website

The Denton County HistoricalCommission has a new websitefor the 100-plus history markersfound throughout the county.The site, which recently wentlive, is where people can searchfor markers, plan visits or findout how to sponsor a marker.

The website was a joint proj-ect of the commission’s markercommittee and Denton County’sgeographic information systemdivision.

Markers are grouped in 14different areas, placed in five dif-ferent sections of the county.The five sections begin in thecenter of the county — Denton,with the largest number of his-torical markers — followed bythe northeast, southeast, south-west and northwest sections.

8-8

County proposes newtax rate for fiscal year

Denton County commission-ers presented the proposed taxrate and adjusted budget projec-tion for the 2012-13 fiscal year.After several weeks of budgetappeals and financial tinkering,commissioners presented theproposed property tax rate of28.2867 cents per $100 in prop-erty valuation.

8-10

Peterbilt officials confirm layoffs

Peterbilt Motors Co. officialsconfirmed several employeeswere laid off in July but wouldn’trelease the exact number.

Peterbilt, which is headquar-tered in Denton, is a truck man-ufacturing business with a plantat 3200 Airport Road. It is thecity’s largest private-sectoremployer.

8-12

Alpaca ranch becomesnew bed and breakfast

Denton resident Jim Patrickturned his working alpaca ranchinto a bed and breakfast. TheOld Irish Bed and Breakfast —an area that includes three vin-tage-style cottages — openedthis year. Each cottage is namedafter award-winning alpacas —The Capote, the GreystokeShamrock and The Finnegan.

8-14

DCTA celebrates middayrail service

Denton County

Transportation Authority cele-brated two milestones — theintegration of the A-train’sStadler GTW rail vehicles andthe initiation of midday railservice. Schedule changes willbenefit passengers in threemain areas: Commuters willfind it easier to get home in themiddle of the day; students canattend class and then go homeor to work; and recreationalusers can use the train toattend midday events.

8-16

Sterling Fry Streetopens for tenants

Students moved into theSterling Fry Street mixed-usedevelopment, which includes anapartment complex with 194units, retail space and a six-storyparking garage on nearly 4.4acres at the corner of Fry andHickory streets.

The 10,500 square feet ofretail space has been filled byPotbelly Sandwich Shop,Chipotle Mexican Grill,MacDaddy’s Macaroni andCheese Bar. GRIPMediterranean Grill will also fillthe retail space.

�

Local café celebratesthird year in business

Cafe Du Luxe celebratedanother year in business with itsthird Birth day Bash.

Cafe Du Luxe, owned byDavid Carles and JanaEtheridge, opened in July 2009as a coffee and wine cafe. It wasoriginally designed as a fran-chise prototype.



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Cover Story

Right on TargetBy Karina Ramírez

Minnesota-based TargetCorporation’s first robotic foodand perishables distributioncenter is expected to begin ship-ments early next year with thegoal to improve the company’sability to deliver better andfresher produce and other gro-cery products to roughly 235stores throughout Texas,Arkansas, Kansas, Louisiana,Mississippi, Oklahoma andTennessee.

The 366,000-square-foot,state-of the-art facility — at acost of $100 million — will joinother companies like Fastenal

and Aldi, Inc. that in the pastcouple of years brought new jobsand opportunities to the city.

At a recent Denton Mayorand City Council breakfast, offi-cials with Target outlined theirplan for opening the centerbeginning in the fall and culmi-nating with its first shipping setfor early March. Company offi-cials also outlined the center’sautomated system, including its20 banana-ripening rooms.

FROM MERCHANDISE TOGROCERY STORE

Target with its recognizable

“red and white bulls-eye logo,”has been serving customers byproviding general merchandiseat discounted prices since 1962.

Today, the fourth-largestretailer has 355,000 employeesat 1,755 stores with 37 distribu-tion facilities and plans toexpand into Canada and else-where, including overseas.

Its first stores included wideaisles, easy-to-shop displays, fastcheckout and lots of parkingspaces, according to Target’s cor-porate website.

But it was not until 2009,during an economic downturn,

that Target officials consideredexpanding their concept to offergrocery products by openingSuperTarget stores across thecountry.

Steve Dembowski, generalmanager for the Target distribu-tion center in Denton, said thecompany’s food strategy beganabout a decade ago.

“People love our food offer-ings,” Dembowski said. ‘What ifwe could take an existing foot-print of a store and simply cre-ate a market and a feeling andadd about 40 percent more foodproducts.”

The open market style wouldoffer produce, dairy, fresh meatand fresh-baked goods. A totalof 108 stores would carry the

new format.Dembowski said the rapid

growth and expansion ofTarget’s grocery businessprompted the corporation toexpand its food distributionoperation to better ensure prod-uct freshness for its customers.

In response to the growth,Target added 900 more storeswith the market format in justtwo years.

“Food is definite part of ourbusiness, so self distribution forus made a lot of sense,”Dembowski said.

ADDING FOOD DISTRIBUTION CENTERS

Target Corp. opened its firstfood distribution center in Lake

One of Denton’s industrial park complexes will havea new neighbor fully operational by next spring.

Photo by David Minton

The new Target distribution center is located off Airport Rd in Denton. The center’s first shipping is scheduled for early March.

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Sep.12


City, Fla., in the summer of2008.

The facility opened with a380,000-square-foot refrigerat-ed distribution area equippedwith an automated storage andretrieval system (AS/RS), and40,000 square feet of officespace, according to a documentfound on the developer website,Ryan Companies Inc.

Other food distribution cen-ters would follow, opening inIowa in 2009 and Arizona in2011.

The Denton center would beits fourth food distribution cen-ter.

The same year as the openingof a distribution center in Iowa,Target officials searched for theirfourth distribution center.

The new center would replacethe Supervalu Inc. distributioncenter located in Fort Worth.

After considering 42 locationsacross the country, and conduct-ing extensive research to find afood distribution site through-out North Texas, Dembowskisaid in an email that Targetchose the city of Denton becauseit offered an excellent location,work force and quality of life aswell as an impressive partner-ship offered by municipal andeconomic development officials.

“These attributes makeDenton an ideal location forTarget’s new food distributioncenter,” he said.

Target received a tax breakworth an estimated $1.7 millionover five years, approved in 2010by the City Council to open thenew center at 3952 CorbinRoad.

Denton Mayor MarkBurroughs told breakfast atten-dees that Target wanted to buildsomething it had never builtbefore and build a place thatwould create a new precedencefor its company.

“Think of what was happen-ing in the nation financiallythen, during the depth of eco-nomic uncertainly,” Burroughssaid.

“Still, Target went ahead withtheir commitment to build inDenton.”

FROM ROBOTIC CENTERTO THE BANANA ROOM

Since its announcement, cityofficials have been excited to seethe construction of the new cen-

ter. Chuck Carpenter, president of

the Denton Chamber ofCommerce, said in an e-mailTarget was the right company tojoin the Denton communitybecause of all it stood for.

“Target meets the profile ofwhat we need to help keep this abalanced community: careeropportunities, significant realand personal property tax bene-factor and a generous commit-ment to philanthropic, educa-tional and charitable causes,” he

said.Target policy is to invest five

percent of its gross income intothe communities it serves —investing a total of $2.2 billionsince 1962 or the equivalent of$3 million per week.

The company has sponsoredlibrary makeovers, a programtitled Take Charge of Education,and has had a longstandingpartnership with United Way,officials said.

The company also has a goalto help youngsters learn to read,

committing to provide $500million to the effort by 2015.

John Vinson, the manager atthe local SuperTarget located onLoop 288 and Brinker Road,said he and his staff are excitedabout having the distributioncenter nearby.

“It is not going to changemuch for us,” Vinson said.“Normally we are able to get ourproducts quickly since our localdistribution center is just twoand a half hours away.”

Having the Target distribution

center move from Fort Worth toDenton and be just 30 minutesaway allows more convenience,Vinson said.

“We will be able to get any-thing we need, and it will helpus get our stock very quickly,” hesaid.

Dembowski said the roboticdistribution center would be aone-of-a-kind facility in NorthAmerica — “a crown jewel forour corporation.”

Photo by Al Key

The front of the new Target Distribution Center takes an interesting architectural shape as workers continue construction and preparation on thebuilding at the corner of Airport and Corbin Roads recently in Denton.

Photo Courtesy of Target Photo by David Minton

A look at the banana rooms inside one of Target’s distribution centers.The Denton center will have 20 banana rooms.

Shoppers crowd into the school supply section of Target on Loop 288during tax free weekend in Denton.

TARGET | CONTINUED ON PAGE 14

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Sep.12


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Cover Story

With the highest level at ninestories tall, the facility sits on a50-acre lot near the DentonAirport.

Inside, food preservation isstored in freezers ranging fromminus 15 degrees to a slightlychilled 55 degrees.

The facility, in total, will have20 million cubic feet of space.

The automated system canpack pallets with specific itemsneeded for each store — eachpallet precisely stacked to maxi-mize space. Robotic arms spinaround a pallet, wrapping itsnuggly for safe distribution.

In the 20 banana rooms andwith a carefully applied mix ofethylene gas and precise temper-atures, lime green bananas willbe ripened for fresh delivery toits stores, Dembowski said.

“In Denton, we’ll do bananasright,” he added.

Since the 1990s, there hasbeen a trend toward automationin the grocery industry, accord-ing to Marc Wulfraat, presidentof MWPVL International, aCanada-based global supplychain and logistics consultingservice firm in a report entitled,Distribution Center Automationin the Grocery Industry.

Wulfraat described laborinside conventional grocery dis-tribution centers as work that is“physically demanding withassociates handling heavy casesand working at high speedsthroughout the day in ambient,refrigerated and freezer environ-ments.”

Wulfratt explained in theearly 1990s, grocery companiesinvested in automated solutionsknown as automated storageand retrieval systems or AS/RS.

“The early generations ofAS/RS machines were slowerand more expensive than the

machines that are currentlyavailable to the market,”Wulfraat wrote.

Part of the problem Wulfraatexplained, was that themachines could not move thepallets fast enough to supportpicking operations.

Target has partnered withWitron Logistik + InformatikGmbH, a German-based com-pany which designed the distri-bution center’s operation.

Since 2002, Witron hasimplemented automation solu-tions for a variety of grocery

companies nationally and inter-nationally including TheKroger Company in Arizona,C&S Wholesale Grocers in NewYork and Sobey’s Inc. inOntario, Canada, the reportsaid.

In addition to designing theDenton center, Witron will alsohelp with its maintenance andoperations, Dembowski said.

The distribution facility isexpected to ship 577,000 casesper week.

Based on the 140 employees itis expected to hire, the through-put or flow rate is 140 cases perman-hour, and that includes alldirect and indirect labor,Wulfraat wrote.

The conventional perishabledistribution center rate for a typ-ical center is between 60 to 90cases per man-hour, the reportsaid.

DRC file photo

The Denton Town Crossing Shopping Center SuperTarget on Loop 288opened Oct. 8, 2006

TARGET | CONTINUED FROM PAGE 13

TARGET | CONTINUED ON PAGE 15

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Cover Story

“Which lead us to believe thatthis facility will be highly auto-mated,” Wulfratt wrote.

PLANNING THE 2013OPENING

Target Corp. officials said themajority of the hiring wouldtake place in early January 2013.

With 170 jobs at maximumoperations, including office per-sonnel and a technologically-skilled workforce, Target willalso have a full-time Chiquitabanana ripener.

Company officials said thefirst receipt date for the prod-ucts is expected around Feb. 18with the first product shipmentto take place around March 8.

The center is expected toserve a majority of the TargetCorp. stores residing in Texasand Oklahoma.

Chuck Fremaux, chair of theboard of directors of the Denton

Chamber of Commerce, said inan email that having the DentonDistribution Center in town wasanother step forward in the city’spositive and proper growth.

“High-quality facilities such asthis provide the jobs and taxbase that Denton desires, andwill complement our existingeconomic base,” Fremaux said.“Projects like this, along withDenton’s existing assets, such asour location, our airport and itsindustries, the universities andour existing businesses, such asPeterbilt Motors Company, SallyBeauty Holdings, Inc., and TetraPak to name just a few, will mostcertainly attract other high qual-ity companies and projects toour area.”

Staff writer Dawn Cobb con-tributed to this report.

KARINA RAMÍREZ can bereached at 940-566-6878. Here-mail address is [email protected].

TARGET | CONTINUED FROM PAGE 14

Monthly News Recap

8-18

Denton unemploymentunder last year’s rate

The city of Denton’s unem-ployment rate rose in July butremains lower than the sametime last year. The jobless rate inDenton rose two-tenths of a per-centage point from 6.2 percent inJune to 6.4 percent in July, with4,109 people looking for work,according to data from the TexasWorkforce Commission. The Julyunemployment rate remainslower than the same time lastyear, when it was 6.9 percent.

8-19

City council reviewsHickory Street project

The Denton City Council sawpreliminary drawings, and theprice tag, for the Hickory Street“Grand Street” project — anoth-er to-do item in the downtownimprovement plan.

In all, the public improve-ments stretching from Locust toRailroad streets, which willbecome a shared car-bike lanefrom the Square to the down-town train station, are expectedto cost $3.1 million.

The city had allocated nearly$1.8 million for the project,which includes wider sidewalks,new pavement, lighting, trees,plantings, benches and evenoutside access to electricity foroutdoor festivals.

�

Denton entities netDollar General grants

The Dollar General LiteracyFoundation presented $10,000in total grants to the DentonPublic Library and the Dentonschool district’s adult educationprogram. The grant will helpprovide lifelong learning foradults who need to pursue thegeneral education developmentprogram or learn English.



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119 Loophole Private Club, 119 W. Hickory St., Denton,$6,530.58American Legion Post No. 550, 905 N. Foundation, PilotPoint, $2,100.14Andy's Private Club, 122 N. Locust St., Suite B, Denton,$8,109.92Angelina's Mexican Restaurant, 1400 N. Corinth St.,Suite 111, Corinth, $1,799.14Applebee's Neighborhood Grill, 707 S. I-35E, Denton,$9,107.14Applebee's Neighborhood Grill, 2672 FM423, Little Elm,$4,085.48Aramark Educational Services, 303 Administration St.,Hubbard, Denton, $0Ashton Gardens, 2001 Ashton Gardens Lane, Corinth,$6,344.52B.P.O.E. Denton, No.2446, 228 E. Oak St., Denton,$1,202.60Best Western Area Crown Chase, 2450 Brinker Road,Denton, $369.88Black-Eyed Pea, 2420 S. I-35E, Denton, $276.08Bono's Chop House & Saloon, 2025 N. Highway 287,Decatur, $5,820.64Bono's Chop House & Saloon, 2025 N. Highway 287,Decatur, $4,304.86Boomerjack Wings, No.8, 407 W. University Drive,Denton, $1,011.22Brunswick Zone – Denton, 2200 San Jacinto Blvd.,Denton, $2,259.74Buffalo Wild Wings Grill & Bar, 1400 S. Loop 288, Suite110, Denton, $5,563.60Cabana Beverages, 1300 N. I-35E, Denton, $313.60Casa Torres Mexican Restaurant, 2708 FM51, Decatur,$1,329.30Chili's Grill & Bar, 600 S. Highway 287, Decatur,$6,845.30Chili's Grill & Bar, 8394 S. Stemmons Freeway, HickoryCreek, $4,831.26Chili's Grill& Bar, 2406 N, I-35S, Denton, $4,558.96Chilitos Private Club Inc., 619-623 S. Denton Drive,Lake Dallas, $222.18Chuy's, 3300 Wind River Lane, Denton, $12,084.24Cool Beans, 1210 W. Hickory St., Denton, $7,240.94Courtyard by Marriott, 2800 Colorado Blvd., Denton,$396.62Cow Camp Steakhouse, 3142 N. Highway 287, Decatur,$280Crazy Horse Saloon and Dance Hall, 508 S. Elm St.,Suite A, Denton, $1,512.28Crossroads Bar, 1803 N. Elm St., Denton, $1,837.92Crossroads Bar, 1803 N. Elm St., Denton, $2,012.50Dan's Silverleaf, 103 Industrial St., Denton, $5,856.90Decatur Golf Private Club, 211 Country Club Road,Decatur, $0Denton Side Bar, 109 Ave. A, Denton, $3,362.94Don Jose Mexican Food & Cantina, 301 N. Highway 287,Decatur, $579.32El Chico, No.106, 2201 S. I-35E, Denton, $514.50El Fenix-Denton Texas, 2229 S. I-35E, Denton,

$1,565.62El Guapo's, 419 S. Elm St., Denton, $2,385.60Ernesto's Mexican Restaurant, 10279 FM455E, Suite 1,Pilot Point, $3,373.44Frilly's, 1803 S. Highway 287, Decatur, $4,067Fry Street Tavern Club, 121 Ave. A, Denton, $9,494.24Fuzzy's Taco Shop, 1044 Maple St., Suite 101, Sanger,$606.62Genghis Grill - The Mongolian, 2416 Lillian MillerParkway, Denton, $471.52Good Eats, No.729, 5812 N. I-35, Denton, $0Hailey's, 122 W. Mulberry St., Denton, $3,486Hannahs, 111 W. Mulberry St., Denton, $6,343.26Hickory Street Lounge, 212 E. Hickory St., Denton,$4,741.94Hilton Garden Inn – Denton, 3110 Colorado Blvd.,Denton, $1,029.56Hooligans Private Club, 104 N. Locust St., Denton,$9,689.82Hooters of Denton, 985 S. I-35E, Denton, $7,807.10II Charlies Private Club, 809 Sunset St., Denton,$9,833.18J R Pockets Club, 1127 Fort Worth Drive, Denton,$6,154.26Jackie's, 201 Main St., Lake Dallas, $4,364.92Jag Private Club Inc., 119 S. Elm St., Denton, $4,954.18Johnny Carino's Italian, 1516 Centre Place Drive,Denton, $2,212.14Keiichi, 500 N. Elm St., Denton, $702.10Kobe Sushi & Steak LLC, 2832 Eldorado Parkway, Suite208, Little Elm, $424.62Lake Cities Post No. 88 America, 105 Gotcher Ave.,Lake Dallas, $2,592.52Lake Dallas Point Restaurant, 303 Swisher Road, No.100, Lake Dallas, $3,600.80Lake Ray Roberts Area Elks Lodge, 1601 Marina Circle,Sanger, $321.02Los Charros, 2763 E. Eldorado Parkway, Suite 105,Little Elm, $855.68Los Jalapenos Restaurant, 420 W. Eldorado Parkway,Little Elm, $114.24Los Toreros Restaurant, 2900 Wind River Lane, Suite134, Denton, $2,049.88Los Toreros Restaurant, 2900 Wind River Lane, Suite134, Denton, $1,890.14Love Shack, 113 E. Hickory St., Denton, $2,559.62Lucky Lous, 1207 W. Hickory St., Denton, $22,523.90Mable Peabody's Beauty Parlor, 1125 E. UniversityDrive, Suite 107, Denton, $3,215.80Mellow Mushroom, 217 E. Hickory St., Denton,$4,922.40Meritt Ranch Beverage LLC, 2946 Ganzar Road W.,Denton, $1,152.48Meritt Ranch Beverage LLC, 2946 Ganzar Road W.,Denton, $191.94Metzlers Food and Beverage Inc., 1251 S. Bonnie BraeSt., Denton, $0

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


Vital Statistics

On Page 12 of the Aug. 12Denton Business Chronicle, thetitle of Richard Florida’s bookwas incorrect. The title is TheRise of the Creative Class.

Correction

Monthly News Recap

8-19

Local company receivesnational recognition

Acme Brick Company is oneof only 12 companies nationwideto receive the 2012 Partners ofChoice award from DavidWeekley Homes. Since 2004,David Weekley Homes has ana-lyzed supplier performance indiverse industries, providedfeedback and recognized compa-

nies through its Partners ofChoice program.

8-21

Tax-free holiday goodfor retailers

Retailers called the state’stax-free weekend results posi-tive overall.

Consumer traffic was consis-tent throughout the three-daytax break for back-to-schoolshopping, which kept retailersoccupied, as expected.

8-22

McDonald’s reopensUniversity Drive site

The McDonald’s located at306 W. University Drivereopened after undergoing reno-

vations this summer. During thethree-month renovation, thestore’s 55 employees went towork at other locations.

The restaurant now includescontemporary leather boothseating, and other new features.


17

Sep.12


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Vital StatisticsMIXED BEVERAGE TAX PLEASE RECYCLE

CERTIFICATES OF OCCUPATIONCouture Fleet Services, 805 S. Woodrow LaneDenton Glass Company, 3741 Mingo Road, No. 204-205Linwood Roberson Floring, 501 W. Hickory St.Pathway to Health Clinic, 2412 Old North Road, No.100BSign It Drive It, 809 S. Woodrow LaneSerendipity on the Square, 108 W. Oak St., No. 102

COMMERCIAL ALTERATIONAdvance Rehab Trust, 723 I-35E S., No. 224ATT, 2520 W. University Drive, No. 1180Austin Lane Technologies, 421 E. Hickory St., No. 104Ben E. Keith, 2801 N. I-35EBicycle Path, 2416 Lillian B. Miller Parkway, No. 190Carroll Point Building, 919 S. Carroll Blvd., No. 100Comfort Dental, 612 W. University DriveDesign plus Inc., 2817 S. I-35EDGI Kensington LLC, 2411 W. Hickory St., No. 101DGI Kensington LLC, 2411 W. Hickory St., No. 201DGI Kensington LLC, 2411 W. Hickory St., No. 301DGI Kensington LLC, 2411 W. Hickory St., No. 401DGI Kensington LLC, 2411 W. Hickory St., No. 501DGI Kensington LLC, 2413 W. Hickory St., No. 101DGI Kensington LLC, 2413 W. Hickory St., No. 201DGI Kensington LLC, 2413 W. Hickory St., No. 301DGI Kensington LLC, 2413 W. Hickory St., No. 401DGI Kensington LLC, 2413 W. Hickory St. No. 501DGI Kensington LLC, 2413 W. Hickory St., No. 601DGI Kensington LLC, 2413 W. Hickory St., No. 701Earthwise Produce, 728 N. Elm St. No. 100GS Denton LP, 1400 Bernard St., No. 1008GS Denton LP, 1400 Bernard St., No. 1011GS Denton LP, 1400 Bernard St., No. 128GS Denton LP, 1400 Bernard St., No. 130GS Denton LP, 1400 Bernard St., No. 132GS Denton LP, 1400 Bernard St., No. 134GS Denton LP, 1400 Bernard St., No. 135GS Denton LP, 1400 Bernard St. No. 136GS Denton LP, 1400 Bernard St., No. 146GS Denton LP, 1400 Bernard St., No. 159GS Denton LP, 1400 Bernard St., No. 160GS Denton LP, 1400 Bernard St. No. 164GS Denton LP, 1400 Bernard St., No. 166GS Denton LP, 1400 Bernard St., No. 180GS Denton LP, 1400 Bernard St., No. 182GS Denton LP, 1400 Bernard St., No. 199GS Denton LP, 1400 Bernard St., No. 2008GS Denton LP, 1400 Bernard St., No. 2015GS Denton LP, 1400 Bernard St., No. 2018GS Denton LP, 1400 Bernard St., No. 203GS Denton LP, 1400 Bernard St., No. 215GS Denton LP, 1400 Bernard St., No. 230GS Denton LP, 1400 Bernard St., No. 236GS Denton LP, 1400 Bernard St., No. 251GS Denton LP, 1400 Bernard St., No. 252GS Denton LP, 1400 Bernard St. No. 257GS Denton LP, 1400 Bernard St. No. 264

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

GS Denton LP, 1400 Bernard St., No. 265GS Denton LP, 1400 Bernard St., No. 285GS Denton LP, 1400 Bernard St., No. 295GS Denton LP, 1400 Bernard St., No. 297

McDaddy’s, 1206 W. Hickory St.Rent-A-Center, 606 W. University DriveRepos Garage, 1104 S. Woodrow LaneRes Building Suppy, 2830 Geesling Road, No. 100RR Marketplace LP, 2520 W. University Drive, No. 1154Sprint, 813 S. Elm St.St. Andrews Presbyterian, 300 W. Oak St.Teasley Square Shopping, 1776 Teasley Lane, No. 101Tetra Pak Materials LP, 3300 Airport RoadThe Villagegreen, 1407 Bernard St.Tiffanie Rae Reed, 4017 Mesa DriveTimberlake Dental, 3309 Unicorn Lake Blvd., No. 162


Mexi-Go Restaurant, 2831 Eldorado Parkway, Suite112, Little Elm, $1,190.42Mi Sueno Club, 2648 FM407E, Suite 150, Bartonville,$2,957.36Mi Taza Latin Tex-Mex Café, 5017 Teasley Lane, Suite101, Denton, $865.76Mi Taza Latin Tex-Mex Café, 5017 Teasley Lane, Suite101, Denton, $615.58Miguelito's, 1521 E. McCart St., Krum, $1,072.96Miguelito’s, 1412 N. Stemmons St., No. 178, Sanger,$2,613.94Norman Heitz Memorial Post 104, 501 Thompson Drive,Lake Dallas, $1,713.04Oak Street Drafthouse Club, 308 E. Oak St., Denton,$15,366.68Oakmont Country Club, 1200 Clubhouse Drive, Corinth,$4,368Ollimac Company, 1400 Corinth Bend, Suite 103,Corinth, $975.80Ollimac Company, 1400 Corinth Bend, Suite 103,Corinth, $849.94On The Border, 2829 S. I-35E, Denton, $6,232.80

Outback Steakhouse, 300 S. I-35E, Denton, $4,130.28Pei Wei Asian Diner, 1931 S. Loop 288, Suite 130,Denton, $169.40Phil Miller Post No.2205 VFW, 909 Sunset St., Denton,$2,133.88Pourhouse Sports Grill, 3350 Unicorn Lake Blvd.,Denton, $4,595.78Prairie House Restaurant, 10001 Highway 380, CrossRoads, $1,675.52Red Lobster, No.6349, 2801 S. I-35E, Denton, $2,776.48Reunion On The Square, 106 N. Trinity St., Decatur,$747.46Ringers, 807 Eagle Drive, Denton, $1,993.04Riprock's, 1211 W. Hickory St., Denton, $10,120.04Rockin' Rodeo, 1009 Ave. C, Denton, $10,258.92Rocky's Sports Bar, 2000 W. University Drive, Denton,$4,932.48Rooster's Roadhouse, 113 Industrial St., Denton,$5,314.54Rosa's Cafe & Tortilla Factory, 1275 S. Loop 288,Denton, $467.88RT's Social Club Inc., 1100 Dallas Drive, Suite 124,Denton, $14,090.16Rubber Gloves, 409 E. Sycamore St., Denton, $1,583.12

Rubber Gloves, 409 E. Sycamore St., Denton, $1,878.52Ruben's Ballroom, 1982 E. Highway 380, Decatur,$526.54Ruby-Jeans Social Club Inc., 309 N. FM156, Ponder,$1,079.54Schmitty's, 407 W. Eldorado Parkway, Suite 1, LittleElm, $402.92Scooters Tavern, 6481 FM455W, Sanger, $2,433.76Sushi Café, 1401 W. Oak St., Denton, $89.88Sweetie Pie's Ribeyes, 201 W. Main St., Decatur, $649.32Sweetwater Grill & Tavern, 115 S. Elm St., Denton,$6976.2Swishers, 501 E. Swisher Road, Lake Dallas, $53.90Texas Land & Cattle Steak House, 8398 S. StemmonsFreeway, Hickory Creek, $2,167.34Texas Roadhouse, 2817 S. I-35E, Denton, $5,463.08The Abbey Inn Restaurant & Pub, 101 W. Hickory St.,Denton, $7,058.66The Aztec Club, 720 W. University Drive, Denton,$2,590.42The Bears Den, 11670 Massey Road, Pilot Point, $0The Garage, 113 Ave. A, Denton, $6,188.84The Green House, 600 N. Locust St., Denton, $3,662.54The Labb Club, 218 W. Oak St., Denton, $6,521.34The Lion's Den, 2700 E. Eldorado Parkway, Suite 250,Little Elm, $3,056.20The Olive Garden Italian Restaurant, 2809 S. I-35E,Denton, $3,580.50Three Fins Seafood Grill Private, 2303 S. I-35E, Denton,

$1,303.68University Lanes, 1212 E. University Drive, Denton,$1,492.26Villa Grande Mexican Restaurant, 12000 US Highway380, Suite 100, Cross Roads, $2,749.04Villa Grande Mexican Restaurant, 2530 W. UniversityDrive, Suite 114, Denton, $1,401.82Vitty's Club Inc., 1776 Teasley Lane, Suite 102, Denton,$4,594.80Wild Horse Grill, 9400 Ed Robson Boulevard, Denton,$3,339Wing Town, 4271 FM2181, No. C316, Corinth, $0


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750657-Eleven Inc., Tetco No.450, 8300 S. StemmonsFreeway, Hickory CreekAnna Burgess, Forever Memories By Anna, 5314Queens Court, Lake DallasEric R. Zumwalt, Soli Lawn Care, 515 Clancy Lane, LakeDallasJimmy Terry Lantrip, Market Street Market, 275Market St., Lake DallasSorsby & Kennedy Fitness LLC, Around The ClockFitness, 1039 Hickory Creek Blvd., Hickory Creek

75068Amy Leonilde Singleton, Aim Photography, 416Meandering Trail, Little ElmAngela K. Frith, Blah Da Bling, 2444 Playa Del MarDrive, Little ElmBlueline Tactical Group, LLC, Blueline Tactical Armory,1425 Red Drive, Little ElmFriendship Cable of Texas Inc., Friendship Cable of TexasInc., 26772 US Highway 380, Suite E, DentonJosh Ingram, Texas Trading Card Company, 2409Northwind Drive, Little ElmLittle Elm Smoothie Bar LLC, Little Elm Smoothie BarLLC, 2700 E. Eldorado Parkway, Suite 401, Little ElmRamon Padilla, P&A Brides, 1429 Knottingham Drive,Little ElmSabrina Monique Vallecillo, Brooklyn's Charm, 926Horizon Ridge Circle, Little ElmSuzanne Nichols, Flavors Of The West, 14710 CrystalLake Drive, Little ElmTerrence C. Purnell, Barpo Construction, 1000 E.Eldorado Parkway, Suite 170, Little Elm

76201Annie Elizabeth Palmer Annie Girl, 108 E. Oak St., Suite101, DentonArmand J. Kohandani, Denton Camera, 117 Piner St.,DentonCaitlin Crawford, Austin Street Apothecary, 1400 N.Austin St., Apt. 1, DentonCharles R. Axtell, Art Alley, 1100 N. Locust St., DentonDelbert D. Lipscomb, Eddie Myrtle's Southern Cuisine,105 S. Elm St., DentonGV Restaurants LLC, GerhaRoad's, 222 W. Hickory St.,Suite 104, DentonJoel Arturo Fragoso, The New Garibaldi, 1813 N. ElmSt., DentonK & Kate's Inc., Czen, 408 N. Texas Blvd., DentonMolly A. Harris, Esthetics With Molly, 725 N. Elm St.,DentonOlajumoke Bakare, JJK Enterprises, 100 Ave. D, Apt. 5,DentonPainting With Patience LLC, Painting With Patience,704 N. Elm St., DentonPerry L. W Nichols, Nichols Burners & Things, 326 E.McKinney St., Suite 106, DentonTammy E. Galvan, Tammy E. Galvan, 305 S. Locust St.,DentonTurbo Restaurants LLC, Arby's No. 986, 901 W.University Drive, Denton

762057-Eleven Inc., Tetco No.401, 2400 S I-35E, DentonBandolo Designs LLC, Bandolo Designs LLC, 1608Greenlee St., DentonCaliber Construction Inc., Caliber Construction Inc., 504Chambers St., DentonHong Li Inc., Hong Li Inc., 2251 S. Loop 288, DentonJMF Operating Company LLC, Local Circuit, 308 DallasDrive, Denton,Kathryn Fuhr Fretwell, Sacred Images, 1917 ColoradoBlvd., Apt. A, DentonKathryn Lemley and Shawna Lemley, The Quilt Shop,1108 Sandpiper Drive, DentonMaurices Inc., Maurices Apparel Company, MauricesNo.1693, 1800 S. Loop 288, Suite 228, DentonMinifigs Bricks and More LLC, Minifigs Bricks and MoreLLC, 2215 S. Loop 288, Suite 408, DentonMonica R. Torres, Monica Torres Photography, 1541Valley Creek Road, DentonNargis K. Habib, H2O Lounge, 1776 Teasley Lane, Suite

111, DentonNowx II Inc., Nowx II Inc., 2436 S. I-35E, Suite 376-153,DentonOlivia Madrid, Kaylinn's Wholesale No. 2, 1776 TeasleyLane, Suite 107, DentonParty City Corporation, 416 Party City of Denton,No.416, 2315 Colorado Blvd., Suite 120, DentonRebdan & Associates Inc., Yogurtland, 1201 E. HickorySt., DentonRobert Clifton Wilson, Y&B Rock Jewelry, 2110 CamelliaSt., DentonShannon Rachael Mayes, Bamboobaby, 1710 Sam BassBlvd., Apt. 402, DentonShelton Ogle Enterprises LP, Shelton Ogle EnterprisesLP, 2324 San Jacinto Blvd., Suite 207, DentonTessa Lee Ann Reuven, NTR Carts, 2201 S. I-35E,DentonTurbo Restaurants LLC, Arby's No. 5999, 2313 ColoradoBlvd., Denton

76207B&C Gear & Machine Inc., B&C Gear & Machine Inc.,5000 Energy Place, Suite 300B, DentonCarl Munoz and Gabriel Kirkpatrick, MK Partners, 2620Coffey Drive, DentonEmma L. Perry, Antique Gallery, 5800 N. I-35, Suite400, DentonGoin' YaRoad Inc., Goin' YaRoad Inc., 2025 W. WindsorDrive, DentonProbilt Services Inc., Probilt Services Inc., 3412Schuyler St., DentonTaylor Andrew Darley, Darley Maintenance, 3300 DarbyLane, Denton

76208Brad Thomas Archer, Brad Archer, 127 Archer Road,DentonEimim LLC, Eimim LLC, 3701 E. McKinney St., Suite100, DentonGlass Dreams Inc., Denton Glass Company, 3741 MingoRoad, Suite 204-205, DentonGlen T. Hanberg, Hanberg Mobile RV Repair, 1960Lakeview Lane, DentonHarmony Bays, Harmony Bays, 114 Island Circle, ShadyShoresJeremy T. Hubnik, White Wing Weaponry, 5101 E.University Drive, Suite 614, DentonJohnathan Burling, Johnathan Burling, 3609 San LucasLane, DentonKahana & Company Designs LLC, Kahana & CompanyDesigns LLC, 4233 Boxwood Drive, DentonKathy Harrelson, Restorations Plus, 424 W. ShadyShores Road, Shady ShoresPoum 21 Food Inc., Gentis Italian Restaurant, 4451Swisher Road, CorinthPratt Recycling, Inc., Pratt Recycling, 1401 S. MayhillRoad, DentonRichard Stephen Guditis, Tangle Ridge Ranch, 7003Chittamwood Drive, DentonSusan Shepherd, Powell Jewelry, 821 S. Mayhill Road,Denton

76209Beverly Hills U.S.A. Inc., E-Z Chek No.1, 1015 E.McKinney St., DentonCrimson Roofing LLC, Oakley Roofing & Construction,2504 Oak Park Drive, DentonFebe Brothers Ltd., Subway University Drive, 2912 E.University Drive, Suite 100, DentonJohn B. Smith, Custom Crafts, 3317 Bob O Link Lane,DentonMarie E. Butler, Quilted Memories, 1509 SeminoleAve., DentonVeas Na Om, Donut Place, 1125 E. University Drive,Suite F, Denton

76210Aaron Matthew Kile, Completely Clean, 3701Merrimack Drive, DentonAddison June LLC, Addison June, 1605 Wood RidgeCourt, CorinthAmerica I.C. Connection Inc., Kim's Canine Closet, 1105

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

Vital StatisticsPalo Verde Drive, DentonBadge Construction Services LLC, Badge ConstructionServices LLC, 3009 Blake St., CorinthBruno Paiva, Paiva Productions, 3605 Yale Drive,DentonCBJ Commodities Limited Liability Company, CBJCommodities Limited Liability Company, 6604 LongleafLane, DentonCynthia Ann Bird, Two Hearts, 2215 Lake Sharon Drive,CorinthDaniel Baker, Baker Lawn And Landscape, 201 RegencyCourt, DentonDon E. Kendricks Sr., Kendricks BBQ & More, 3232 BentCreek Drive, DentonEmily E. Brown, Syrinx Studios, 7617 Shoal Bend,DentonJustin D. Barnes, Meridian Services, 2501 Briar ForestDrive, DentonKathryn Boyle and Leah M. Rose, The Shaved Ice Hole,2120 Belmont Park Drive, DentonLacey Elizabeth Martin, Lacey Martin Festive Crafts,3103 Brett Road, CorinthLedenis Garcia and Ronnie Gross, R&R CommercialCleaning, 1109 Silent Star Lane, DentonMegan McCammond, Megan McCammond, 2613Timberview Circle, Corinth

Onye Kachi Kalu, Gods Grace Fashion Home & HairSpecialist, 8008 Mirror Rock Lane, DentonTanya Faglie, Cold Mountain Cart, 1313 White DoveLane, Denton

76226Gel Industries LLC, Gel Industries LLC, 2005 ChristinaCourt, DentonJerry Lee Cook, Jerrycooksales, 706 Robin Lane, ArgyleJoshua Don Mills, Mills Auto Lubricants, 5816Meadowglen Drive, DentonKathleen K. Wason, Matador Floral & Gifts, 1300 BrushCreek Road, DentonKirbservice Inc., Kirbservice Inc., 311 Forest Trail,ArgyleMartin Electrical Systems LLC, Martin ElectricalSystems, 4030 Trey Lane, Suite D, ArgylePaying 4 Referrals LLC, Paying 4 Referrals LLC, 226Timberview Court, Argyle

76227Amanda Hawkins, 2 Half Pints Brewing, 8932Whirlwind Trail, AubreyKim Sorensen, Kreativity by Kim, 1139 Partridge,Aubrey Patty Mccallum, Cross Roads Consignments, 8500 US

Highway 380, Cross RoadsPhillip Bruce Sharp, Sharp Ranch, 6383 FM2931, AubreySus EJ Capital Group LLC, Sus EJ Capital Group LLC,1513 Mockingbird Drive, AubreyTalon Martial Arts Inc., Talon Martial Arts Inc., 26797US Highway 380, Little ElmThe Texas Society Daughters of The AmericanRevolution, Texas Society of The American Revolution,900 Glenview Circle, AubreyTracy Larocque & Philip Larocque, Telayne Designs, 401Oak View Drive, Cross Roads

76234Crazy Horse Saloon and Dance Hall, Crazy Horse Saloonand Dance Hall, 1982 E. Highway 380, DecaturGeorge A. Davis, George's Auto Sales, 601 N. Highway287, DecaturGlinda D. Brazil, Sweet Creations, 1903 Highway 51N,DecaturJames G. Hatcher Jr., Whiskey Diamond Ranch, 123Private Road, No. 4011, DecaturMichael J. Reid, Michael & Ella's Stuff, 9826 SchusterLane, DecaturMlits Inc., Milts Inc., 313 Quail Chase Lane, Decatur


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Vital StatisticsLIENS

The following liens were posted in August at the Denton County Clerk’s office.

STATE TAX LIENSNAME/ADDRESS TYPE AMOUNT REC. DATEByron D. Lindsey and Kerri Marie Lindsey, 1301 Cheyenne Trail, Corinth Limited sales excise and use tax $173,499.79 08/15/2012Jon W. Holliman, 2900 Wind River Lane, Suite 142, Denton Limited sales excise and use tax $1,404.64 08/29/2012Oxygen Entertainment LLC, 2203 Barton Springs Drive, Corinth Limited sales excise and use tax $1,266.26 08/15/2012Paul D. Gale, 1908 Shasta View Drive, Justin Limited sales excise and use tax $1,253.49 07/30/2012YJW Inc., 1101 Dallas Drive, Denton Limited sales excise and use tax $23,382.56 08/29/2012

RELEASE OF STATE TAX LIENSNAME/ADDRESS TYPE AMOUNT REC. DATECowboy Militia LLC, P.O. Box 68, Ponder Limited sales excise and use tax $2,524.87 08/15/2012Crazy Horse Saloon and Dance Hall, 508 S. Elm St., Suite A, Denton Limited sales excise and use tax $1,955.12 08/15/2012David M. Sandridge, P.O. Box 68, Justin Limited sales excise and use tax $916.70 08/02/2012HMPM Corp., P.O. Box 1356, Little Elm Limited sales excise and use tax $1,461.84 08/15/2012

FEDERAL TAX LIENSNAME/ADDRESS TYPE AMOUNT REC. DATEHCA Industries Inc., 2300 I-35W, Suite 100, Denton 941 $155,996.25 08/21/2012Lee and S. Company, 3606 S. I-35E, No. 100, Denton 940, 941 $9,002.85 08/13/2012Lester D. and Baby E. Sampson, 508 Rose St., Denton 1040 $1,456.11 08/06/2012Stanley R. and Melaney G. Crawford, 2436 I-35E, Suite 376-102, Denton 1040 $8,550.09 07/31/2012Suzan Ketenjian, USA Lube and Tune, 2311 S. I-35E, Denton 6721,940,941,944 $11,342.90 08/07/2012

RELEASE OF FEDERAL TAX LIENSNAME/ADDRESS TYPE AMOUNT REC. DATE3 Inas Inc., 3601 E. University Drive, Denton 941 $24,019.61 08/13/2012Alan W. and Constance S. Williams, 2321 Kingston Trace, Denton 1040 $5,217.93 08/02/2012Andrew R. Batangan, 610 N. Austin St., Denton 1040 $5,176.10 08/27/2012Brian Frazier, 223 Forest Trail, Argyle 1040 $6,691.80 07/31/2012Brian Frazier, 223 Forest Trail, Argyle 6672 $37,731.06 08/20/2012Brian Frazier, 223 Forest Trail, Argyle 6672 $5,924.38 08/20/2012James M. Thurman, 130 N. Garza Road, Shady Shores 1040 $5,332.45 08/27/2012Jane M. Mourning, 8925 Crestview Drive, Denton 1040 $11,067.97 08/06/2012Jeffrey N. Sowards, 5401 Parkplace Drive, Argyle 1040 $42,850.90 07/31/2012Jerry D. Simmons, 7809 Steeplechase Circle, Argyle 6672 $6,988.11 08/20/2012Jerry D. Simmons, 7809 Steeplechase Circle, Argyle 6672 $9,514.04 08/27/2012Jim B. Myers, 26878 US Highway 380 E, Aubrey 1040 $11,451.91 08/20/2012Peruvian Touch Inc., 303 N. Carroll Blvd., Suite 210, Denton 941 $11,441.06 08/06/2012Stephen M. Ratliff, 1709 Cedar Elm Drive, Corinth 1040 $63,141.89 08/20/2012Taloukie Brothers Enterprises Inc., 3922 E. McKinney St., Denton 6721 $1,400.00 08/02/2012Todd H. Lewis, 2023 Vintage Circle, Corinth 1040 $47,809.18 08/20/2012Todd H. Lewis, 2023 Vintage Circle, Corinth 1040 $47,809.18 08/21/2012

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MECHANICS LIENSNAME/ADDRESS CONTRACTOR AMOUNT REC. DATEAdrian J. Conner and Justin A. Smith, 425 Stone Ridge Drive, Ponder Issac L. Johnson Contracting $10,690.56 08/20/2012Alfonso H. and Nora P. Orozco, 317 W. Huffman St., Krum Scott Edwards $203,045.00 07/30/2012Carol H. and Lindy M. Cox, 5401 S. Potter Shop Road, Cross Roads Snyder Construction Inc. $268,724.00 07/26/2012Dale P. and Kristi G. Gleason, 1424 Switzer Road, Sanger Orcas Development Co., Inc. $332,427.25 07/26/2012Ed and Lynda Dawson, 685 Knob Hill, Argyle Noble Classic Homes $334,034.00 08/24/2012Eric W. and Megan C. Branch, 6009 Hawkeye Road, Krum Scott Edwards $28,883.40 08/20/2012Jack and Karen Martin, 1560 Karen Drive, Denton M.S. Hamilton Homes LLC $298,672.00 07/30/2012James C. and Delyte J. Brown, 9494 Waide Road, Sanger Paul Webb $310,298.00 08/13/2012James M. and Carol Collins, 2401 Chippings Campden, Argyle MLG $14,650.00 08/17/2012Mark and Holly Welch, 7410 Colton Lane, Pilot Point CJ Construction $590,323.00 08/02/2012Willie P. Jackson, 538 E. Walcott St., Pilot Point $66,800.00 08/20/2012

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

Vital Statistics

SALES TAX

Paula J. Rogers, PJ’s Photos, 2376 FM2264, DecaturShredderz Skate & Sport LLC, Shredderz Skate & SportLLC, 2150 E. Highway 380, DecaturTexas Turbine Conversions Inc., Texas TurbineConversions Inc., 330 Private Road 2506, DecaturTurbo Restaurants LLC, Arby's No. 7869, 851 S.Highway 287, Decatur

76249Cindy A. Zimmerman, Rock My World, 9231 Jim ChristalRoad, KrumGavin W. Pillow, Byd Rod And Custom, 1830 DarbySmith Road, KrumJavier T. Barnes, Five Four, 6233 High Meadows Drive,KrumLindsey Renee Rindal, Spur Of The Moment Trendz, 129

N. 2nd St., Suite B, KrumNancy A. Franke, Rascal Writer Publications, 316 N. 1stSt., KrumRuben A. Chavez, Ruben's Flea Mart, 1020 E McCartSt., No. 6, Krum

76258Charlie Mack Miller, The Magnolia Station II, 110 E.Liberty St., Pilot PointTammie L. Jones, Nu Image, FM Road 455, Pilot PointThe Bears Den LLC, The Bears Den, 11670 MasseyRoad, Pilot Point

76259Hart Holdings LLC, Subway Ponder, 104 W. Bailey St.,Ponder

76266

Ace Heating & Air Conditioning Inc., Ace Heating & AirConditioning Inc., 6721 FM2164, SangerAshleigh Brooke Van Dyke, Ritzy Couture, 904 S. 5thSt., Suite 104B, SangerAshley Harris, Just Fab, 10031 Terrace Road, SangerBeth A. Sharp, Tailgate and Two Step Boutique, 2514Caddo Trail, SangerBeth A. Sharp, Tailgate and Two Step Boutique, 708 N.8th St., SangerCote's Mechanical LLC, Cote's Mechanical LLC, 315 N.3rd St., SangerMLG Direct LLC, MLG Direct LLC, 7029 Odom Road, SangerRobert J. Jones, Sanger Hardware, 620 S. StemmonsSt., SangerRoger Kimbrell Inc., Target Distributing, 2017 BenjaminDrive, SangerSourcerock ES Inc., Sourcerock ES Inc., 103 Bolivar St.,Sanger


BUILDING PERMITS

Timberlake Dental, 3311 Unicorn Lake Blvd., No. 162Viet Bites, 702 S. Elm St.

COMMERCIALAtmos Pipeline, 5642 E. McKinney St.David Rutledge, 1921 Virginia CircleDenton ISD, 820 Sun Valley DriveDenton ISD, 3100 Teasley LaneOrbis RPM, 5071 Dakota LanePeerless Manufacturing, 5450 Dakota LanePlan-It Self-Storage LLC, 520 Blake St.

RESIDENTIALAirtron Inc. 3004 Pecan Tree Drive, $210,896.58

Audra Oaks Home Builders2904 Dana Lane, $154,089.76

Century Custom Homes1201 Raleigh Path Road, $109,0001129 Raleigh Path Road, $109,0001108 Tallahassee Drive, $109,000

DR Horton Texas Ltd.3120 Buckthorn Lane, $197,419.421108 Central Village Drive, $271,475.294516 Remuda Lane, $230,005.823121 Stonecrop Trail, $322,489.141204 Nora Lane, $304,907.571101 Central Village Drive, $210,889.831217 Nora Lane, $211,170.534512 Remuda Lane, $201,146.731105 Central Village Drive, $184,344.44905 Regency Court, $225,296.951104 Nora Lane, $212,560.01

Forestar Real Estate Group8416 Bishop Pine Road, $324,044.55

8409 Bishop Pine Road, $502,923.24

HFG Magtex LP 3904 Cliffside Drive, $286,959.323904 Cliffside Drive, $286,959.323900 Cliffside Drive, $346,600.883812 Cliffside Drive, $212,228.513908 Cliffside Drive, $432,721.62

Moore & Smith Builders2716 Westglen Drive, $245,861.682729 Westglen Drive, $228,924.732809 Roland Drive, $252,119.38

Redstone Construction Inc.2705 Westglen Drive, $219,707.152712 Westglen Drive, $219,707.152709 Westglen Drive, $218,508.892713 Westglen Drive, $210,427.362708 Westglen Drive, $195,737.002704 Westglen Drive, $210,427.36

Robson Denton Dev. LP9517 Crestview Drive, $271,340.6910116 Cypress St., $262,946.0110108 Parkcrest Court, $271,340.699105 Perimeter St., $222,352.228820 Crestview Drive, $346,350.8612012 Claridge Court, $345,685.1812008 Shalimar Drive, $273,580.258925 Gardenia Drive, $345,685.18

Standard Pacific of Texas3707 Desert Willow Drive, $251,458.93

TLS Homes Inc.9301 Toledo Bend, $233,381.85

Wyndham Custom homes3605 Cotton Drive, $209,796.35


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Vital Statistics

DENTON COUNTYLease: Buckner-Farms UnitOperator: Burlington Resources O&G Co. LPLocation: 303.14-acre unit, D.M. Hallmark Survey, A-524; 3.5 miles W of KrumField: East Newark (Barnett Shale)Total Depth: 9000'

Lease: CasnerOperator: Williams Prod. Gulf Coast, LPLocation: 178.0607-acre unit, MEP & P RR Co./ H.Campbell Survey, No. 62, A-1462; 5 miles NW ofFlower MoundField: Newark, East (Barnett Shale)Total Depth: 8293'

Lease: Cummings BOperator: William Prod. Gulf Coast LPLocation: 324.6178-acre unit, J. West Survey, A-1414;4.7 miles NW of Flower MoundField: Newark, East (Barnett Shale)Total Depth: 8327'

Lease: Cummings "C" EastOperator: Williams Prod. Gulf Coast LPLocation: 225.2029-acre unit, MEP & P RR Co/H.

Campbell Survey, No. 62, A-1462; 4.7 miles NW ofFlower MoundField: Newark, East (Barnett Shale)Total Depth: 8292'

Lease: Cummings "C" EastOperator: Williams Prod. Gulf Coast, LPLocation: 225.2029-acre unit, MEP & P RR Co/H.Campbell Survey No. 62, A-1462; 4.7 miles NW ofFlower MoundField: Newark, East (Barnett Shale)Total Depth: 8302'

Lease: DCCO "2" - P.G. SullivanOperator: Devon Energy Production Co. LPLocation: 3474.2087-acre unit, S. Westbrook Survey, A-1337; 5.17 miles SW of PonderField: Newark, East (Barnett Shale)Total Depth: 7943'

Lease: DCCO "1" Shirley M. HosekOperator: Devon Energy Production Co. LPLocation: 2667.66-acre unit, A. Brooks Survey, A-101;3.9 miles SW of PonderField: East Newark (Barnett Shale)Total Depth: 9000'

OIL AND GAS LISTINGSThe following oil and gas reports for the month of August were posted by oilandgasreports.com LLC, P.O. Box 1540,Corpus Christi, TX 78403. For more information, visit www.oilandgasreports.com.

Ada W. Fort and Joel A. Fragoso, The New Garibaldi,1813 N. Elm St., DentonAdam Callman, Prestige Motorsports, 1212 Pin OakDrive, DentonAdrian Subias, AMJ Lawn Services, 113 Laguna Drive,DentonAmy Griffin and Deanie Willis, The Plaid Pineapple, 418Magnolia, DentonAngela Griffin, Lone Star Muffins, 4937 Stuart Road,No. 71, DentonAngela Paben, Guardian Pet Hospital PLLC, 1607 E.McKinney St., Suite 700, DentonAnnie Palmer, Annie Girl, 108 E. Oak St., Suite 101,DentonArvind Singh, The Diaglogue Center for Cinema, Stageand Visual Anthropology, 1002 Ave. C, DentonAshley Diemart and Robert D. Ware, 625 Park LaneEnterprise, 532 S. Trinity Road, DentonAtinae U. Lealiiee, Get It Right VBall, 207 CoronadoDrive, No. 102, DentonAustin Reding, Reding Window Cleaning Service, 2404Stonegate Circle, DentonBillie R. Day, Day's Hardware, 618 W. University Drive,DentonBranden W. Barnett, Miniature Bull Riding MBR, 3400Joyce Lane, No. 106, DentonBrent and Madelyn Adams, M.B.A. Contracting Services,3312 Bentgate Court, DentonBret Thomas, The Modern Mystic, 3210 Fallmeadow St.,No. 101A, DentonBrian Mauldin and Aaron Shepherd, Tech Investigators,608 Marsh Rail Drive, DentonButler Doors Inc., DWR Services, 627 S. Mayhill Road,Suite 117, DentonCamelia P. Lincoln, Lincoln's Mini Mall, 4000 W.University Drive, DentonCheer Monkey, Bling Everything, 7101 Raintree Way,DentonChristina Hall, Well B4 Thee, 2708 Stockton St., DentonClaire Amano, Serendipity on the Square, 108 W. OakSt., No. 102, DentonClint and Caitlin Crawford, Austin Street Apothecary,1400 N. Austin St., Apt. 1, DentonCory Kiefer, Kiefer Enterprise, 1824 S. Bonnie Brae St.,DentonDaniel S. Odle, North Texas Lake Charters, 7205Riverchase Trail, DentonDanny Johannsen, AAA Roofing, 304 East Sycamore St.,DentonDebra A. Johnson and Charles Stafford, Debbie JohnsonStafford, 2434 Lillian Miller Parkway, DentonDebra A. Johnson and Charles Stafford, Debra A.Johnson, 2434 Lillian Miller Parkway, DentonDebra A. Johnson and Charles Stafford, Ryan RoadManagement LLC, 2434 Lillian Miller Parkway, Denton

Debra A. Johnson and Charles Stafford, Ryan RoadPartners LTD, 2434 Lillian Miller Parkway, DentonDebra A. Johnson and Charles Stafford, The StaffordTeam, 2434 Lillian Miller Parkway, DentonDominic Falcinelli, Spirit Sports Photograph, 811Hillcrest St., DentonDon and Yvonne Kendricks, Kendricks BBQ and More,3232 Bent Creek Drive, DentonDon E. Kendricks Sr., Kendricks BBQ and More, 3232Bent Creek Drive, DentonDouglas Reamsbottom, Teetortop Technology, 8105Settlement Drive, DentonDwight Binion, Dwight Binion Construction, 905 SieraDrive, DentonElizabeth Vaughan, Ark of Glory, 10017 GrandviewDrive, DentonEmilana S. Pineda,Doustinn Serice Body Work's, 710 S.Locust St., DentonEmily Brown, Syrinx Studios, 7617 Shoal Bend, DentonGabriel Kirckpatrick, MK Partners, 2620 Coffey Drive,DentonGary L. and Cynthia J. Thomas, TS Cottage Books andMore, 1324 Pickwick Lane, DentonGlen Todd Hanberg, Hanberg Mobile RV Repair, 1960Lakeview Lane, DentonGrant M. and Michael S. McGuire, The Treehouse Barand Grill, 1512 Hickory St., DentonIvanessa P. Martinez, Inspired By Love Photography,2612 Hereford Road, DentonJames Richards, JLR Trucking, 1416 Morin Drive,DentonJason Dorsey, Red Rooster Enterprises, 111 HeritageLane, DentonJason Ryburn, Stem and Stem Properties, 3919 TealDrive, DentonJaymee Haefner, The Professional Harpist, 2216 AcornBend, DentonJerry and Sophia Holmes, Jeso LLC, 707 N. Carroll Blvd.,DentonJesus Gonzalez, Iglesia Bautista Eben-Ezer, 5724Teasley Lane, DentonJohn Juarez, Group Five Granite & Stone, 2301 N.Masch Branch Road, Suite 229, DentonJohn Juarez, Juarez Group Five Inc., 2301 N. MaschBranch Road, Suite 229, DentonJose R. Gonzalez, La Indita Meat Market, 404 W.Sherman Drive, DentonJoseph M. Forman, Local Circuit, 308 Dallas Drive,DentonJosh White, Josh White property Management Services,1811 Bolivar St., DentonJudith L. Knapp, Freedom Driving Safety Course, 215 N.Carroll Blvd., Denton

NAME — DBA/ADDRESS NAME — DBA/ADDRESS

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


Lease: DCCO "1" P. G. Sullivan "A"Operator: Devon Energy Production Co. LPLocation: 2667.66-acre unit, S. Westbrook Survey, A-101; 6 miles SW of PonderField: East Newark (Barnett Shale)Total Depth: 9000'

Lease: DCCO "1" Ted MorrisOperator: Devon Energy Production Co. LPLocation: 2667.66-acre unit, M. Cooper Survey, A-217;3.9 miles SW of PonderField: East Newark (Barnett Shale)Total Depth: 9000'

Lease: Lorene Grissom

Operator: Devon Energy Production Co., LPLocation: 352-acre unit, R. D. Price Survey, A-675; 12.91miles NW of DecaturField: East Newark (Barnett Shale)Total Depth: 9000'

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

Lease: Rayzor West Gas Unit No. 5HOperator: Eagleridge Operating LLCLocation: 395.3-acre lease, J. Perry Survey, A-1040;

Within DentonField: East Newark (Barnett Shale)Total Depth: 8600'

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

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september denton business chronicle 2012

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