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Monthly business magazine of the Denton Record-Chronicle.

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Page 1: September Denton Business Chronicle 2014

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Page 2: September Denton Business Chronicle 2014

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September 2014 | Vol. 10, No. 7Publisher: Bill Patterson

The contents of this free publication arecopyrighted by Denton PublishingCompany, 2014, a subsidiary of A.H. BeloCorp. (www.ahbelo.com, NYSE symbol:AHC), with all rights reserved.Reproduction or use, without permis-sion, of editorial or graphic content inany manner is prohibited. DentonBusiness Chronicle is published monthlyby Denton Publishing Company, 314 E.Hickory St., Denton, TX 76201. E-mail:[email protected]

Business on the move

What’s opened, what’s closed

Viet Bites’ second location, atthe corner of West HickoryStreet and Welch Street, is nowopen. This is the second locationfor the popular Vietnameserestaurant. The first restaurantopened in 2013 on South ElmStreet, where the owners heardfrom customers that they wishedit was closer to the University ofNorth Texas.

The new location is a fastcasual concept with late hours tomeet local demand.

Popular Dallas doughnutshop Hypnotic Donuts openeda Denton location at the begin-ning of the month. The storespecializes in kooky doughnutsand chicken biscuits. It joinedforces with Cultivar Coffee, aspecialty coffee shop that has acounter inside Hypnotic on WestHickory.

Classic of Denton opened aRam facility in August thatspecializes in commercial andfleet vehicles. After the companyadded a used car lot earlier thisyear, it now has the space tomeet the demand for morecommercial and fleet trucks.

Compost Denton launchedlast month, collecting organicwaste from homes and busi-nesses. The business gives users acompost bin for scraps, andcompany representatives pick upthe buckets once a week.

After months of renovation,Sweetwater Grill & Tavernreopened with new ownership.The restaurant still featuresstaples like a bar and jazz music,but has an updated look andmenu that pay homage to theoriginal site.

The first Sephora makeupstore in Denton opened in lateAugust inside J.C. Penney Co. atGolden Triangle Mall. Customerslined up before the opening to beeligible for gift cards and giftbags.

The store features nearly 50brands of makeup, skincare linesand perfumes.

BJ’s Restaurant and Bre-whouse opened in September atUnicorn Lake. The restaurantspecializes in producing beer anddeep-dish pizzas and is a nation-al chain.

Two restaurants in townrecently closed — Gold MineBarbecue and Last Drop Tav-ern. Both businesses postedabout their closures on Facebook.Gold Mine will continue sellingsauce online, and Last Dropposted that it hopes to reopencloser to the Square.

Top DRC stories on Facebook

Denton teacher faceslong recovery from crash

After her first in-service daypreparing to teach family andconsumer science at DentonHigh School, Loressa Pecoraro

was in a car crash that left herhospitalized.

Pecoraro was not able to startthe school year as planned,which would have been her firstas a full-time teacher. Eventhough she was only at theschool for a day, her co-workershave started a fund to make a

donation to her medical expens-es.

The story shared how sheand her family are coping withthe help of the community andGod.

She was hospitalized with apunctured lung and brokenbones in her legs, foot, hand,arms and ribs Aug. 14.

Man convicted of plottingto have wife murdered

John Franklin Howard ofPonder was sentenced to life inprison after a jury found himguilty of attempting to commitcapital murder.

The trial spanned almostthree weeks and captivatedDenton Record-Chronicle readersdaily, until the sentence wasissued Aug. 19. It took jurors twohours to find Howard guilty.

Howard was on trial forpaying numerous people to killhis wife, Nancy Howard. InAugust 2012, she was robbed andshot outside of her Carrolltonhome, suffering serious injuries.She testified at the trial.

Diaz quintuplets fromKeller move in at UNT

The Diaz quintuplets allstarted school this fall at theUniversity of North Texas, after asomewhat chaotic move-in day.

All five siblings receivedfinancial aid and scholarships toattend UNT, and chose to stay inthe same residence hall. Girls

Monthly News Recap

RECAP | CONTINUED ON PAGE 10

Courtesy photo

Hypnotic Donuts’ menu includes the Canadian Healthcare, a yeast-raised long john topped with maple icing, afull strip of bacon and syrup.

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Contents |

IndexChuck Carpenter | 7Other Enterprising

Voices | 8, 11Business

Spotlight | 4, 6, 18Mixers | 17, 19, 23 Monthly News

Recap | 2, 10Vital Statistics | 20-23

On the cover: College-age customersshop for watches at Zumiez at Golden

Triangle Mall.Photo by David Minton

Who to contactScott K. Parks Managing Editor

940-566-6879 | [email protected] Duncan Business Editor

940-566-6889 | [email protected] Hammond Advertising Director

940-566-6820 | [email protected] Reneau Advertising

940-566-6843 | [email protected]

September 2014

Features4 | Health choice CVS stops selling

tobacco products, changescorporate name.

6 | Moving along Rapidly risingnew-vehicle sales may soonflatten to slower growthnumbers.

18 | Mailing it in Frisco homeownersback winner in CoServ boardrunoff.

Altrusa International Inc. ofDenton meets for its monthlydinner and program at Cart-wright’s Ranch House, 111 N. ElmSt. Cost is $12 per person. Call940-387-5031 for reservations.

Tuesday, Sept. 23, 6:30 p.m.

Association of Business Con-tingency Planners, NorthTexas Chapter has its monthlymeeting at the Boy Scouts ofAmerica headquarters, 1325 W.Walnut Hill Lane in Irving. Formore information, visit http://northtx.acp-international.com/index.php/events.

Tuesday, Oct. 7, noon

Aubrey 380 Area Chamber ofCommerce meets at the PrairieHouse restaurant, 10001 E. U.S.Highway 380 in Cross Roads.Cost is $12 per person, and reser-vations are required. Call 940-365-9781 or email [email protected].

Wednesday, Oct. 15, 11:30 a.m.

Denton Black Chamber ofCommerce meets at the DentonHousing Authority, 1225 WilsonSt.

Tuesday, Oct. 21, 6 p.m.

Denton Hispanic Chamber ofCommerce meets at Quality Inn& Suites, 1500 Dallas Drive.

Friday, Oct. 10, 7:30 a.m.

Denton League of UnitedLatin American Citizens No.4366 meets at the Denton SeniorCenter, 509 N. Bell Ave.

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

Denton Planning and ZoningCommission meets in the coun-cil chambers at City Hall, 215 E.McKinney St.

Wednesday, Oct. 1, 6:30 p.m.Wednesday, Oct. 15, 6:30 p.m..

Electronics recycling will takeplace at The Cupboard NaturalFoods and Café, 200 W. CongressSt. Drop off any computer-relatedequipment. Fees may apply forcertain items. For a list of accept-ed items and for more informa-tion, visit http://computercrusher.com.

Saturday, Oct. 11, 8 a.m.

Hickory Creek Planning andZoning Commission meets atHickory Creek Town Hall, 1075Ronald Reagan Ave.

Wednesday, Oct. 1, 7 p.m.

Home Builders Association ofGreater Dallas, Greater Den-ton Division has its monthlymeeting and luncheon at LantanaGolf Club, 800 Golf Club Drive.Cost is $18 for associates andbuilders with reservations and$20 for walk-ins. Call 940-383-0853.

Tuesday, Sept. 23, 11:30 a.m.

Investment Perspective Semi-nar hosted by financial adviserKathy R. Bauer of Edward Jonesat 2925 Country Club Road, Suite101A in Denton. Coffee is compli-mentary. Call 940-482-0280.

Thursday, Oct. 16, 9 a.m.

Krum Chamber of Commercehosts its monthly meeting atNorthstar Bank, 1101 E. McCart St.in Krum. Call 940-482-6093.

Thursday, Oct. 2, 6:30 p.m.

Lake Cities Chamber of Com-merce meets for coffee at CorinthCity Hall, 3300 Corinth Parkway,and at Re/Max Lake Cities, 3960FM2181, Suite 100 in HickoryCreek.

Wednesday, Sept. 24, 7:15 a.m. in CorinthWednesday, Oct. 1, 7:15 a.m. at Re/MaxWednesday, Oct. 8, 7:15 a.m. in CorinthWednesday, Oct. 15, 7:15 a.m. at Re/Max

Lake Cities Netweavers busi-ness networking group meets atSidewalk Bistro, 2900 WindRiver Lane. For more informa-tion, email [email protected].

Thursday, Sept. 25, 8 a.m.Thursday, Oct. 2, 8 a.m.Thursday, Oct. 9, 8 a.m.Thursday, Oct. 16, 8 a.m.

Lake Dallas 4A EconomicDevelopment Corp. meets atthe Lake Dallas Municipal Com-plex.

Monday, Oct. 6, 7 p.m.

Lake Dallas 4B CommunityDevelopment Corp. meets atthe Lake Dallas Municipal Com-plex.

Monday, Oct. 13, 7 p.m.

NAACP, Denton CountyChapter meets at the DentonHousing Authority, 1225 WilsonSt.

Thursday, Oct. 9, 7 p.m.

Networking for Careers bringshiring managers from Dentoncompanies to help the unem-ployed find jobs locally. Meetingsare free to attend and held atDenton’s South Branch Library,3228 Teasley Lane. For moreinformation, call 940-382-2051.

Wednesday, Oct. 1, 11 a.m.

North Texas Society for Hu-man Resources Managementmeets at Holiday Inn Hotel &Suites, 1434 Centre Place Drive.Cost to attend is $18 for membersand first-time guests and $23 forreturning nonmembers. Visitwww.northtexasshrm.org.

Friday, Sept. 26, 11:30 a.m.

Oakmont Women’s Club meetsin the St. Andrews Room atOakmont Country Club in Cor-inth. Annual membership is $25.For more information, call 940-321-5599 or visit http://oakmontwomensclub.org.

Tuesday, Oct. 14, 10 a.m.

SCORE, the Service Corps ofRetired Executives, offers freemanagement counseling forprospective new business ownersor existing business in trouble.Confidential, one-hour counselingsessions are available by appoint-ment every Wednesday at Den-ton’s South Branch Library, 3228Teasley Lane. Call 940-349-8752to make an appointment.

Wednesday, Sept. 24, 9 a.m.Wednesday, Oct. 1, 9 a.m.Wednesday, Oct. 8, 9 a.m.

Small Business Breakfastmeeting sponsored by the NorthCentral Texas College Small Busi-ness Development Center at theDenton Chamber of Commerce,414 W. Parkway St. A light break-fast is provided. Call 940-380-1849.

Tuesday, Oct. 14, 7:15 a.m.

Women Business Owners ofDenton County will hold itsmonthly luncheon at Sapphire’sCafé & Catering, 1165 S. Interstate35E, Suite 128 in Lewisville.

Tuesday, Oct. 7, 11:30 a.m.

Please tell us about your event ormeeting by emailing Jenna Dun-can at [email protected];by fax at 940-566-6888; or bymail to DBC Calendar, Denton

Record-Chronicle, 314 E. HickorySt., Denton, TX 76201. She also

can be reached at 940-566-6889.

Calendar of Events

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Business Spotlight

As CVS sharpens its focus oncustomer health, the nation’ssecond-largest drugstore chainwill tweak its corporate nameand stopped the sale of tobacconearly a month sooner thanplanned.

CVS Caremark said early thismonth that it will now be knownas CVS Health, effective immedi-ately. The signs on its roughly7,700 drugstores won’t change,so the change may not registerwith shoppers.

However, those customerswill see a big change when theycheck out. The cigars and ciga-rettes that used to fill the shelvesbehind store cash registers havebeen replaced with nicotine gumand signs urging visitors to kick

the tobacco habit.All tobacco products were

removed from stores nationwideover Labor Day weekend, saidMichael DeAngelis, a CVS spokes-man. That includes the Dentonlocations on Teasley Lane andWest University Drive, he said.

The company doesn’t breakout revenue information for storelocations, DeAngelis said, so theeconomic impact to local storesisn’t known.

A store in downtown India-napolis stocked free tobacco quitpacks where cigarettes used tosit. The red-and-white boxes,nearly the size of a cigarette pack,contain coupons, a card showinghow much a smoker can save byquitting and a booklet with

Sudoku and other games todistract someone fighting theurge to smoke.

CVS and other drugstoreshave delved deeper into custom-er health in recent years, in partto serve the aging baby boomgeneration and the millions ofuninsured people who are expec-ted to gain coverage under thefederal health insurance over-haul. While competitors Wal-green Co. and Rite Aid Corp. stillsell tobacco, they’ve all startedoffering more health care prod-ucts and added walk-in clinics totheir stores while expanding thecare they provide.

Drugstores now offer an arrayof vaccinations and flu shots, andmany of their clinics can help

monitor chronic illnesses likediabetes or high blood pressure.

“We’re doing more and moreto extend the front lines of healthcare,” CVS CEO Larry Merlo said.

CVS still stocks its shelves withsugary snacks and other foods thatare considered unhealthy. Butcompany executives have beenquick to point out that whilechocolate bars in moderation poselittle health risk, no amount oftobacco is considered safe.

The CVS corporate namechange reflects the health pushwhile removing a reference to thecompany’s biggest revenue pro-ducer, its Caremark pharmacybenefits management.

The name Caremark, however,had never really registered with

the average person, according toLaura Ries, president of brandconsulting firm Ries & Ries.

CVS, which is ranked 12th inthe 2014 Fortune 500, an-nounced in February that itwould phase out tobacco sales byOct. 1 because it could no longersell smokes in a setting wherehealth care is offered.

The CEO at CVS has said thatthe company expects to loseabout $2 billion in revenueannually after pulling tobaccofrom its shelves, but executivesbelieve they can counter that lossat least in part through growththe company may get fromhealth care. Merlo declinedestimate how much of a benefitCVS expects.

Photo by Andrew Burton/Getty Images

CVS announced it had completed removing tobacco products from its stores a month before its Oct. 1 deadline by “putting out” a 50-foot cigarette Sept. 3 in New York. The company alsowants to be known as CVS Health.

CVS snuffs out its sale of cigarettesThe Associated Press

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Family law cases, in my opinion, are a gymnastics routine of the mind, body and soul, which I have termed “family law gymnastics.” Gymnastics is asport based on mental feats or other exercises of skill where the body and mind are placed in unusual circumstances. I cannot think of a more fitting description of what one endures in a fam-ily law case. Further, a family law case may be the gymnastics routine of one’s life, putting each family member’s mind, body and soul to the ulti-mate test. This article is based on my 21 years of experience practicing family law, and what I see parties, and children, go through in any family law case (such as divorce, modification, paternity/parentage, grandparent cases, etc.) There are many articles written on advising those in a fam-ily law case to eat right, get plenty of rest and exercise, etc... These are certainly things to do, but there is much more to it than that. This article is about the things any person going through a family law case really needs to do to come out of the case as mentally and physically healthy aspossible.

The first realization a party in a family law case must have is that the other party is going to be the same person during the family law case asthey have always been. Therefore, the other party is not going to be different during the case. This leads us to the second realization: that a party to a family law case is going to react to the family law case/process the same as they have always dealt with stress or life’s problems. The reason these two realizations are important is so that one party does not put undue stress and en-ergy into the actions of the other party, and that they keep their focus self-directed and on any children that may be involved. This unduestress and energy is often evident when a party to a family law case says for example “I cannot believehe/she did _________”, when thebehavior of the other party is very typical of how that person has al-ways behaved.

For a divorcing spouse, the first thing one should ask is “How doI want myself (and my children) to come out of the divorce?” The answer will certainly never be “stressed, unhealthy, problematic children, miserable, lost, and finan-cially unstable.” The answer wouldlook more like this: “Healthy both physically and mentally, for my chil-dren and myself to be as at peace and as content as possible with thenew circumstances, and as finan-cially stable as possible.” A party

to any family law case should ask oneself similar questions. If the later answer above sets out the goals of a divorcing spouse, or are similar for any party to a family law case, then what I am about to say is absolutely vital to reaching those goals.

The recipe for good mental health and good decision making, in any family law case, is for a party to make business decisions, not emotional decisions. Decisions made out of emotion are never good decisions and should be avoided at all costs. However, business decisions are those that will have everlasting positive effects all the way around for one’s future, even with regard to children. For example, being financially insecure coming out of a divorce can create significant stress and fear, which can lead to significant mental health issues such as deep depression, and living in anger and hate, which leads to more problems all the way around. It takes more ener-gy to hate and be angry than to live free of both. Those spouses who live in anger and hate are only teaching their children to do the same, which can create numerous mental health issues for the children.

Attorneys have their client’s best interest in mind, and they advise their family law clients from a business standpoint, based on the overall factsand circumstances of the case. Attorneys do not advise their family law client’s from an emotional standpoint. Those in family law cases who make

decisions out of emotion are making their own decisions and not decisions based upon attor-ney advice. For example, a party may seek “jus-tice” in their family law case, when the attorney knows that such “justice” can never be obtained. Therefore, for a person to continue to focus on such “justice” is only detrimental to that person’s health, both mentally, physically and emotionally. The guidance here is for those in family law cases to trust their attorney and their attorney’s advice.

Counseling may be helpful (with attorney ap-proval of course) for those in a family law case, but it is important that the counselor be suited to the needs of those attending. It is best for parties to get a referral from their attorney, if counseling is sought during a family law case. In a divorce, it is not uncommon for divorcing spouses to send their children to counseling when the real prob-lems lie with the parents. I know this is a hard statement, but it is often true.

The hardest questions a divorcing spouse must ask of oneself is, for example, “What re-sponsibility do I take for the failure in the mar-riage?”, “What could I have done differently?” and, “What will be best for the entire family when the divorce is over?” These are hard questions and often create discomfort, but it is almost never true that a failed marriage is only one spouse’s fault. The key here is that the focus be on one-self because a spouse cannot change the other

spouse. If a divorcing spouse focuses on the faults of the other spouse, this is wasted ener-gy that will create anxiety, stress, and possibly anger, causing that spouse’s daily focus to be on the other spouse, and not on oneself, and any children. This is the most important mental feat during family law involving a divorce. For a spouse to concentrate on themselves, and their own faults, rather than concentrating on the other spouse and their faults, will lead to better overall health both mentally and physically.

In addition, I must say that arguing is not only draining and time-consuming, but it is probably the most counter-productive exercise during any family law case. If parties to a family law case cannot communicate in a truly productive man-ner, then communication should be avoided, upon the attorney advice. We all know it takes more than one person to have an argument. Therefore, those participating in an argument are choosing to participate in the argument. The simple solu-tion is not to participate. Choosing not to partici-pate in an argument empowers that person, and creates peace of mind, body and soul.

“Exercise” for the mind, body and soul during family law gymnastics is vital to all involved, and may mean something different to each person. Some examples are prayer, meditation, and full body physical exercise (for example yoga). Such “exercise” for the body, mind and soul is import-

ant for any children, with the primary mental health “exercise” being admin-istered by each parent by each parent reassuring the children that both par-ents are there for them and love them. Unless children get these assurances from both parents at all times, mental health issues may arise. A nonpartic-ipating parent is acting purely to the detriment of their own child’s mental health, hands down. A content and at peace child leads to easier parenting and less stress for everyone.

Making plans for the future after any family law case, and keeping one’s focus on the future, is vital to peace of mind and good decision making.The past is historical and cannot be changed: we learn from it, but the past is a place we must leave, not livewithin. Living in the past causes one toignore the future, and to miss out on creating new memories and enjoying daily life. As unsettling as any familylaw case can be, there is hope for those enduring the exercise of family law gymnastics.

Family Law Gymnastics of the Mind, Body and Soul

IQ

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KoonsFuller, P.C. has experienced attorneys who have the knowledge and resources to serve clients in matters including divorce litigation; property division of any size and complexity; marital agreements both before (prenuptial) and after marriage (postnuptial); asset tracing, valuation and division; child custody, visitation with children, child support and paternity; grandparent and third party rights to children, such as aunts and uncles; and trial and appellate work, as well as litigation alternatives such as mediation, arbitration and collaborative law, across Texas, and in certain cases the nation.

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(from left) Charla H. Bradshaw, Sean Abeyta, Brook Stuntebeck, James Logue, Sarah Darnell

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Business Spotlight

The shiny wheels that helpedkeep the U.S. economy rolling forthe last five years may finally beslowing.

Rapidly rising new-vehiclesales provided much of the shovethat got the economy movingagain in 2009.

And those sales stayed strongin August, increasing 6 percentfrom a year ago while probablyheaded for 4.5 percent overallgrowth this year.

But over the next severalyears, growth probably will lingerbetween flat and 2 percent annu-ally, keeping sales in the 16 mil-lion to 17 million range.

While national sales of thatlevel would be a high plateau,some industry observers worrythat automakers may slide backinto overproduction as theystruggle to keep quarterly earn-ings up.

“I think 2014 will be thebeginning of a plateau,” said AlecGutierrez, senior market analystfor Kelley Blue Book. “We seesales growth remaining flat forthe next three to five years.”

Moreover, the new-vehiclemarket seems to have shiftedfrom primarily “need” buyerslooking to replace old cars tomore volatile “want” buyers.

“When most of your buyersdon’t need a new car, you’ve gotto sell the sizzle,” said Jesse To-prak, chief analyst at Cars.com.“You may have to work to getthem into the showroom.”

None of the analysts antici-pates a decrease in sales. Most, infact, believe the business willremain robust.

But there are worrisomesigns. Incentives are up 5 to 10percent over last year, Topraksaid, with some segments relyingmore heavily on spiffs than oth-ers.

Honda, for example, spent anaverage of $2,013 in incentivesper Accord sold in August, threetimes what it did a year ago,according to The AssociatedPress.

Also, manufacturers havereturned to occasional interest-free 72-month financing to spur

sales — a measure that virtuallyguarantees buyers won’t have anyequity in their vehicles for years.

“I think we’re in a great spotright now and have a lot goingfor us,” said Ray Huffines, chiefexecutive of Plano-based Huf-fines Auto Group, which includesHyundai, Chevrolet, Subaru,Chrysler, Jeep, Dodge and Ramfranchises. “But 72-month fi-nancing just takes people out ofthe market too long.”

Meanwhile, used-car valueshave slipped for the last threemonths while the average pricethat consumers pay for newvehicles remains high — $32,495in August, according to KelleyBlue Book.

The result is a growing gapthat some buyers try to closewith longer-term loans, somerunning seven years or more.

“I do worry about the in-creasing lengths of loans —including some six- and eight-year leases,” said Toprak of Car-s.com. “It just takes too long toget those buyers back into themarket.”

LONG-TERM LOANSThe average new-car loan is

66 months, and nearly a third of

the loans are for 72 months ormore, up from 18 percent in2008, according to data fromLMC Automotive.

Consumers still want andneed new cars, said Chaz Gil-more, managing partner ofGrapevine Ford and GrapevineLincoln.

“But they want them at thebest price they can find,” he said.

Gilmore figures the risingincentives are temporary, theresult of high inventories. Deal-ers still have 2014 models ontheir lots and are getting ship-ments of 2015 vehicles.

“There is so much competi-tion in the marketplace, andinventory levels are so high, thatsome manufacturers see anopportunity to gain share,” hesaid.

Inventories could be sub-jected to more pressure.

Automakers tend to look atsteady — sometimes dazzling —growth and set their productionfor “500,000 more [vehicles]than they had planned,” saidJohn Eagle, owner of the Dallas-based John Eagle Group, whichincludes Acura, Honda, Mazdaand Toyota stores as well asseveral luxury brands.

“They are in the business tosell cars,” Eagle said. “But atsome point, that will catch upwith you. Bad habits are made ingood times.”

While he still sees strength inthe new-vehicle market, hewatches the increasing incentivesand deals with some concern.

“The only way to get quarterlyresults is to move more iron,” hesaid. “Is it as bad as it once was?I can’t say that. But it could getthat way.”

Meanwhile, luxury brandslike BMW continue to see grow-ing leasing rates — above 50percent at many dealerships —as consumers try to get as muchvehicle as they possibly can fortheir money.

“I think the big differencebetween the last [downturn]episode and now is we have aconsumer much more focused onmoney and getting the best valuethey can,” said Eric Maas, presi-dent of Classic BMW in Plano.

SIGNS OF SOFTENINGWhile consumers are smart to

take advantage of incentives, lowinterest rates and lease deals,their growing presence suggeststhat the demand for new cars

and trucks may be softening.“I would say there is more

risk of volatility,” said Gutierrez ofKelley Blue Book. “Discretionarybuyers can shut down as quicklyas they pop up.”

The shift from “need” to“want” buyers could provide Forddealers with some opportunitieslater this year.

Ford will launch new 2015models of its two most importantvehicles — the Mustang, followedby the Ford F-150 pickup.

“Everyone is looking for deals,so it will be interesting to seehow that plays out with thearrival of the Mustang andF-150,” said Brian Huth, generalmanager of Five Star Ford inPlano. “We are working morewith ‘want’ buyers now, andthose will be two of the hottestvehicles we’ve had in years.”

Auto industry pessimists areoverlooking some substantialpositives — such as job growth inthe U.S. and the fact that someneed buyers are still left in thenew-car market, said GeorgeMagliano, senior economist atIHS Automotive.

“Our forecast is we’ll continueto grow,” Magliano said — atleast through 2017.

New cars going to more ‘want’ buyers

Photo courtesy of Ford Motor Co./AP

The 2015 model year brings major changes to the Ford F-150, which has been the country’s best-selling vehicle for more than 30 years. The body willbe 97 percent aluminum, shaving 700 pounds off the truck’s weight.

By Terry Box / The Dallas Morning News

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September2014

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Every five years, the DentonChamber of Commerceboard agrees to conduct an

extensive, internal organizationalreview and evaluation in order toretain its accreditation through theU.S. Chamber of Commerce.

The stated purpose of the U.S.chamber’s accreditation programis to facilitate continuing excel-lence in the chamber industryand to foster a pro-businessenvironment across America.

During its Aug. 21 regularmeeting, the Denton chamberboard approved its 2014 reac-

creditation application, re-presenting a detailed assessmentof the organization through ninesegments. Headed by past board

chairman Perry McNeill, theprocess began in early April andinvolved nearly 40 officers, direc-tors, key volunteers and staffmembers.

The board approval ultimatelyincluded 12 new policy items,adding updates to the chamber’sfinancial procedures, employeehandbook and crisis plan, as wellas expanded criteria for evaluatingthe performance of officers anddirectors and usage standards forthe recently trademarked logo.

The reaccreditation packethas been sent to the U.S. cham-

ber headquarters in Washington,D.C., where it will be assigned toa professional organization man-agement consultant for review.The consultant will determinewhether the Denton chambershould be recommended to theNational Accreditation Board forcertification renewal.

Depending on the chamber’sresponses to various essay ques-tions, combined with demonstrat-ed innovation in programs, servic-es and specific exhibits, supple-mental points may be earned. TheDenton chamber was designatedas a three-star organization basedon its 2009 application. Thehighest ranking a local chamber

can earn is five stars.There are 21 accredited cham-

bers of commerce in Texas, andjust over 200 out of nearly 7,000local chambers across the countryhave achieved and continuouslyretained the prestigious certifica-tion. The Denton chamber hasbeen accredited since 1975.

The National AccreditationBoard will consider the Dentonchamber’s application and con-sultant recommendations inmid-November.

CHUCK CARPENTER ispresident of the Denton Cham-ber of Commerce. He can bereached at [email protected].

Chamber out to keep prestigious status

Chuck CARPENTER |

Enterprising Voices

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September2014

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Enterprising Voices

“Face up to two unpleasantfacts: the future is never clearand you pay a very high pricein the stock market for a cheeryconsensus. Uncertainty is thefriend of the buyer of long-termvalues.”

— Warren Buffett

As we pen this article, U.S.stock market indices arenear all-time highs. After

a brief swoon in late July, themarket went on to register itsbest August in 14 years. In ourinvestment partnership, keyholdings, including world dom-inators such as Intel and Apple,rocketed toward their intrinsicvalues.

But the mood is far fromjubilant. For every cheery talkinghead on CNBC projecting furthergains, you see a prophet of doomwarning about another crisisworse than 2008. Disgusted andconfused by the incessant blath-er, investors have simply tunedout. The ratings of financialmedia outlets like CNBC — evenits consummate entertainer JimCramer — have crashed to recordlows. Giddy 1999 this isn’t. In-vestors are paralyzed by un-certainty.

We must be friends withuncertainty to prosper, as War-ren Buffett wisely advises us. Inthis column, we will explorethree drivers of anxiety, begin-ning with one of the key sourcesof uncertainty today — interestrates.

To put it bluntly, interest ratesare rigged. Central banks ofdeveloped countries set interestrates to nearly zero during thefinancial crisis. This zero-ratepolicy has successfully bailed outbanks and borrowers, by reduc-ing their interest costs and buoy-ing the value of their troubledassets. But this policy also hasdeprived prudent savers of anadequate return on their bankdeposits, even as inflation eatsaway at their true value.

Unwittingly, many savers noware rolling the dice with risky

investments such as junk-bondfunds or leveraged exchange-traded funds, just to scratch outsome yield. Recent fund flowsshow that investors continue topile into these instruments,buying questionable paper pricedsignificantly above par and yield-ing next to nothing. This is arecipe for disaster, or as Buffetthas said, “this amounts to pick-ing up pennies in front of asteamroller.”

Many observers are calling forthese investors to get crushed, asinterest rates inevitably racehigher from here (resulting in adramatic fall in the price of thosebonds). With the Fed about toend its latest round of quantita-tive easing, is a dramatic increasein interest rates imminent?

Perhaps ... but not necessarily.For one, the national debt is

approaching $20 trillion. Even a“normal” 5 percent average in-terest rate would result in aninterest expense of $1 trillion.That would eat up the bulk ofincome tax revenue, leaving littleto actually perform governmentfunctions. This gives the govern-ment and the Federal Reserve abig incentive to keep rigginginterest rates at rock-bottomlevels.

Also, U.S. rates actually ap-pear juicy relative to other devel-oped countries. Countries likeJapan (10-year rate of 0.5 per-cent) and Spain (2.1) with farworse finances than America areable to borrow more cheaplythan the U.S. government (2.3).This makes U.S. bonds attractive

Investing in anuncertain world

Jonathon FITE |

FITE | CONTINUED ON PAGE 9

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September2014

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Enterprising Voices

to yield-starved foreign investors.Japanese pension funds, forexample, are pouring money intoU.S. Treasury bonds.

So while interest rates ought torise, there are lots of reasons whythe path forward is highly un-certain. Rather than predict specif-ic outcomes, we prefer to preparefor a wide range of scenarios. Inour fund, we have dedicated aportion of our portfolio to “interestrate plays” that will thrive if in-terest rates rise. But importantly,these undervalued stocks shouldfare fine even if rates stay put.

Now let’s turn to a secondsource of uncertainty — geopolit-ical unrest.

If the Russia-Ukraine conflictescalates or if ISIS causes Iraq toexplode, many short-term tradersmay flee (or sell off) the market.But our portfolio is chock-full ofundervalued oil and gas stocksand a gold miner that will con-tinue to benefit from geopoliticalunrest, just as they have in recentmonths. Yet, given how under-valued they are, even if thesetensions subside, we believe ourcompanies’ operational perfor-mance will help close the in-trinsic value-market price gap.

Finally, the biggest source ofanxiety for investors may comefrom the market itself. Many ofthe indices are at or near all-timehighs. The management teams ofmany companies seem to befeeling the “animal spirits” as onenew merger deal is announcedafter another. Silicon Valleystartups with no revenue seem tobe fetching multi-billion valua-tions. In the past, events likethese have signaled that wemight be close to a top. If theFed wanted higher asset prices,we have definitely seen them inthe stock and bond markets!

So are we due for a majorswoon? Who knows. The natureof the markets today is how

uncertain they seem to be. Buteven if things are uncertain, youcan still manage a portfolio deftlyto exploit opportunities.

First, we have to understandthat true inflation is likely topersist, and at much higher levelsthan those officially reported. So,maintaining exposure to under-valued stocks with good manage-ment teams is one key way tocombat this risk. The latter partof the previous point is key: Oneof our most important tech-niques for navigating uncertaintyis finding undervalued compa-nies with capable and well-aligned managers.

Smart managers allocatecapital wisely in uncertain envi-ronments. Several of our port-folio companies are buying backtheir undervalued shares, mak-ing each share more valuable.Another is on the prowl fordistressed assets being dumpedby troubled European banks atbargain prices. Good managershelp you exploit uncertainty toyour advantage.

Second, avoid overvaluedstocks and bonds like the plague.It is not 2009. Buying “the mar-ket” won’t work. You need toplace your bets where the fewvalues still remain.

Third, hold some cash. Don’tstuff the mattress, but save a littlefor a rainy day. Even during therun of the past five years, the sundid not shine brightly every day.There were lots of times when alittle cash could buy lots of greatbargains at even cheaper prices.

This is what we are doing inour partnership. Rather thandespairingly hiding our heads inthe sand, we believe investorscan profit from uncertainty.

JONATHON FITE is amanaging partner of KMFInvestments, a Texas-basedhedge fund, and an adjunctprofessor with the College ofBusiness at the University of

North Texas and the Universi-ty of Arkansas. This column isprovided for general interestonly and should not be con-strued as a solicitation orpersonal investment advice.Comments may be sent [email protected].

FITE | CONTINUED FROM PAGE 8

C L A S S I F I E D

BUY IT.SELL IT.FIND IT.

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September2014

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Maria and Enna are sharing oneroom, while Emilio, George andJohn share another across thebuilding.

The family from Keller man-aged to pack its van to make justone trip for move-in day Aug. 17.Mom Enna Diaz said she wasexcited that they would all be inone place and would be able tolook out for each other duringtheir first year of college.

West Nile spotted towardend of summer

It took until Aug. 28 forDenton to find a mosquito test-ing positive for West Nile virus.

The mosquito was found in atrap near Unicorn Lake in south-eastern Denton, according toKen Banks, the city’s director ofenvironmental services.

South of Denton, other partsof the county found infectedmosquitoes earlier in the year,such as in Flower Mound andHighland Village.

After the detection in Denton,officials increased efforts tocombat the bugs and inform thepublic about how to help preventmosquitoes by doing things likeclearing standing water.

Corinth council votesagainst Buc-ee’s

The Corinth City Councildecided a Buc-ee’s travel centerdidn’t fit with the city’s masterplan, after months of talks andplanning for the center.

After hours of public testimo-ny, a council meeting lasted intothe next morning with a finalvote of 3-2 against the store.

The proposed travel centerwould have brought 96 gaspumps and a large retail store,and would have been the largestever for the chain.

Those against the devel-opment said it would be too closeto a neighborhood and bring toomuch traffic, and others said itwasn’t reasonable to give thecompany 15 years of sales taxrebates.

RECAP | CONTINUED FROM PAGE 2

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Our economy has changeda great deal over the pastseveral decades, and

today most people work in aservice industry. These busi-nesses deliver services to custom-ers or clients with whom theycreate and maintain relation-ships.

In those relationships, thebusiness usually solves someproblem for the customer. Whena business’s essential function issolving problems, you wouldexpect those businesses that arethe least effective problem solv-ers to be the ones that get sued.However, failing to solve a cus-tomer’s problem is only one ofthe ingredients that leads to alawsuit. Surprisingly, error ratealone is not a very good in-dicator of which businesses arelikely to get sued and which arenot.

When people get sued, theyalmost always ask themselves,

“Why did this happen to me?”There are many reasons lawsuitsget filed. The person who hasbeen sued may not have beenable to control the circumstancesthat led to the suit. However, asignificant cause of litigation maybe easily controllable.

In his book Blink, MalcolmGladwell writes about the obser-vations of Alice Burkin, a med-ical malpractice lawyer. Burkin isquoted as saying, “In all the yearsI have been in business, I’venever had a potential client walk

in and say, ‘I really like this doc-tor and I feel terrible about doingit, but I want to sue them.’” Infact, Burkin’s clients had flatlyrefused to sue doctors they likedeven when confronted withevidence that their injuries werethat doctor’s fault.

Most lawsuits start with a callto a lawyer’s office. What pre-cedes most of those calls is arelationship that is no longerworking.

A study of medical mal-practice suits showed that thedifference between doctors whohad never been sued and thosethat had been sued multipletimes was roughly 3 1/2 minutes.That’s the difference in theamount of time the doctors whohad never been sued (18.3 min-utes per visit on average) spentwith their patients versus theamount of time the doctors whohad been sued on multiple occa-sions had spent with their pa-

tients (15 minutes per visit). What was happening during

that extra time? According to thestudy, not much related to healthcare. Instead, the physicians wereusing that time to set expecta-tions and to build a personalrelationship with the patient.

For example, the physicianswho had not been sued usedorienting comments like “first I’llexamine you then we’ll talkabout your problem” or “I’ll leavetime for your questions.” Also,the physicians who had not beensued laughed often and madesmall talk with their patients.

As part of your business’s riskmanagement strategy, you shouldconsider the following: Set clear expectations with

customers or clients when start-ing a communication; Make time to ensure that

you have answered all of theirquestions (even ones that mayhave occurred to them during

the call or meeting); and Take time to talk to cus-

tomers about how they are, andlaugh and joke with them whenappropriate. Show some interestin their personal lives and notjust the commercial transactionin which you are involved.

If you do these things, yourcustomers will probably likeyou (or like you more). In gen-eral, people don’t sue peoplethey like.

Everyone makes mistakes.Sometimes those mistakes don’thurt anyone. But when they do,the difference between a lawsuitbeing filed against you or notcould be as little as 3 1/2 min-utes.

SAMUEL B. BURKE isboard-certified in civil trial lawby the Texas Board of LegalSpecialization. He can bereached at [email protected].

Why some get sued and others don’t

Sam BURKE |

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September2014

Every fall, thousands of fresh-faced freshmen head toDenton to start college at the University of North Texas andTexas Woman’s University. As both schools continue to growand house more students on campus and in the city, theirnearly 50,000 enrolled students are having a growingimpact on Denton’s economy.

What used to just be a boostto the Fry Street area has spreadto downtown businesses, GoldenTriangle Mall and other shop-ping areas, said Aimee Bissett,economic development directorfor the city.

“When students come back totown, all of the retail sees anincrease in business — there’s noquestion about that,” Bissett said.

While sales tax data remainpretty consistent throughout theyear, students help retailers and

restaurants avoid offseasonslumps.

SPENDING POWER Many students go to college

with the spending power of theirparents, Bissett said. While that

is a big advantage for the city, itcauses some statistical problems.

Students living off campuswithout relatives frequently areplaced into the “poverty” categorybecause the statistic is based onof their individual income, ac-cording to the U.S. Census Bu-reau.

When students are counted inthe poverty rate for Denton, therate is above state and nationalaverages at 20.6 percent. Howev-er, when students aren’t factoredin the rate, it drops to 13.9 per-cent, below the state and nation-al rates.

This problem was highlighted

in an American CommunitySurvey that took place from2009 to 2011, looking at howoff-campus students skew citypoverty rates. The national reportlisted Denton the 10th mostaffected U.S. city with a pop-ulation over 100,000.

That becomes a complicationwhen recruiting retail and res-taurant business to the area,Bissett said.

“Generally, students comewith the expendable income oftheir parents, so from a retailperspective a lot of retailers willlook at hard numbers and demo-graphics, and they might think

A young woman shopsfor LPs at Recycled BooksRecords CDs on Sept. 9in Denton.Students steady economy

By Jenna Duncan | Photography by David Minton

Cover Story

our spending power is less thanit is because it shows students inthe poverty rate,” she said.

The city now has data thatshow students have more spend-ing power than they get creditfor, and attention to the issue hashelped the city continue to grow.

IMPACT ON RETAIL After a $30 million renova-

tion of Golden Triangle Mall, theproperty continues to add newretailers to its lineup. Recentadds include more college-fo-cused stores, like Buckle andZumiez.

“The students being back inschool will definitely help sales,”said Matt Ludemann, the mallmanager. “Just being on site and

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September2014

our spending power is less thanit is because it shows students inthe poverty rate,” she said.

The city now has data thatshow students have more spend-ing power than they get creditfor, and attention to the issue hashelped the city continue to grow.

IMPACT ON RETAIL After a $30 million renova-

tion of Golden Triangle Mall, theproperty continues to add newretailers to its lineup. Recentadds include more college-fo-cused stores, like Buckle andZumiez.

“The students being back inschool will definitely help sales,”said Matt Ludemann, the mallmanager. “Just being on site and

talking to retailers, you notice thata lot of UNT students go homeduring the summer, so then yousee more high school studentsand you see the age of the peoplein the mall and the shoppingpatterns change slightly.”

By partnering with UNT andTWU on events and adding more-attractive retailers, the 18-25 de-mographic is becoming increas-ingly important for the mall.

“They have a huge impact,and as we add new retailers itwill make even more of an im-pact as we get the stores theywant to shop at,” Ludemann said.“A few years ago, we didn’t have alot of options.”

On-site traffic also has pickedup at Rayzor Ranch Marketplace,

a cluster of shops on West Uni-versity Drive that include Wal-mart, Starbucks and GameStop.

“Having a healthy populationof college students is a drivingfactor of the retail and diningmarket,” said Stephanie Whitlow,director of marketing and com-munications for RED Devel-opment LLC, the project’s devel-oper.

LOCAL SHOPPINGThe students are spending

more at locally owned storesthroughout the city, Bissett said.

“College students for a longtime I think stayed in the FryStreet area for both local shop-ping and eating, but they’ve beendrawn to downtown and Indus-

trial Street,” she said. “We defi-nitely see a lot of college studentsliving downtown and goingdowntown more so than a fewyears ago.”

While the level of businessdoesn’t necessarily increase, ithelps keep traffic steady through-out the year at Lone Star Atti-tude Burger Co., a restaurant andmusic venue on the downtownSquare, said Sparky Peterson,one of the restaurant owners.

“As certain groups of custom-ers are going back to school, andkids are getting into sports andactivities, the bucket is filled backup with students and thosepeople visiting them,” Peterson

Josey Alquicira, right, helps customers looking for shoes at the new Zumiez store at Golden Triangle Mall.

STUDENTS | CONTINUED ON PAGE 14

2013 DENTONSALES TAXJanuary: $2,057,056February: $1,956,814March: $2,400,409April: $2,045,776May: $2,064,445June: $2,373,051July: $2,102,603August: $2,270,669September: $2,708,156October: $2,009,384November: $1,904,062December: $2,785,405

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September2014

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said. “It’s interesting — ourdemographics are so funny fromsummer to fall.”

Summer tends to be busy onthe Square, said Chris Garver, alongtime manager at RecycledBooks Records CDs. While Sep-tember tends to be more quiet,new customers slowly startcoming in with pages from acoupon book that’s distributedaround campus, he said.

The store also gets floodedwith calls about textbooks —which it doesn’t carry — but triesto keep other books that arerequired reading to get studentsin the store.

“We love students here,” hesaid. “Everybody does. It’s kind ofthe lifeblood of this town.”

JENNA DUNCAN can bereached at 940-566-6889 andvia Twitter at @JennaFDuncan.

STUDENTS | CONTINUED FROM PAGE 13

A version of “The Last Supper” hanging at Lone Star Attitude Burger Co. features Texas musicians.

Cover Story

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The Denton Chamber of Com-merce celebrated the openings ofbusinesses and facilities.

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Business Spotlight

A challenger backed by acoalition of west Frisco home-owners opposed to high-voltagetransmission lines in their neigh-borhood has won a seat on theCoServ Electric board of direc-tors.

Clint Bedsole won a runoffelection conducted by mail. Hetakes over theDistrict 4 seatheld by in-cumbent JerryCobb since1990. Bothmen are fromFrisco.

The resultsof the runoffelection wereannounced at a special boardmeeting at CoServ’s headquartersin Corinth. Bedsole, who em-ployed yard signs and recordedphone messages in his campaign,won by a vote of 3,137-2,065.

Alternatives to the proposedroutes in Frisco have been in theworks for months, though detailshave not been released. As onemember on the seven-memberboard, Bedsole will have littlepower to make changes on hisown. His campaign called forbetter transparency in the process.

The runoff came after neithercandidate received more than 50percent of the vote in the Junemail-in election. Both Bedsoleand Cobb each received about 44percent of the vote. A third can-didate, Bob Breeden, took 12percent.

Bedsole is a retired U.S. Armyreservist and owner of a bacteriaand odor removal company. Hevolunteers as a member of thecity of Frisco’s ComprehensivePlan Advisory Committee.

Residents with the West FriscoHomeowners Coalition recruitedhim to run. They were opposed toproposals announced last year toroute high-voltage transmissionlines through their densely pop-ulated neighborhoods. The tworoutes initially proposed by BrazosElectric Power Cooperative Inc.followed along Main Street orStonebrook Parkway.

The city of Frisco also op-posed the proposed routes.

CoServ gets its wholesalepower from Brazos. The twoentities have been working sincelast year on alternatives. Brazosofficials could not say when theywould release revised proposals.

Cobb said officials are headedtoward a solution that shouldmake residents happy. He’s justsorry he became a victim in theprocess.

“They didn’t believe I waslooking for alternative routes,”said Cobb, a retired farmer andbusinessman.

Bedsole said he’s excitedabout serving on the board.

“I know that the power linesare important to everybody, andyes, they’re important to mebecause I don’t want them downMain and down Stonebrookeither,” he said.

Cobb referred to his tenureon the board as “a great ride.” Hesaid Bedsole has a big job aheadin learning the business of elec-tric cooperatives. Cobb also hadadvice for Bedsole: “He’s re-presenting all the membershipand just not west Frisco.”

Bedsole said he’s interested in

hearing from constituents. “Iunderstand the responsibilityand the burden by being electedin this position and what myconstituents feel that I need toaccomplish,” he said.

CoServ board members are

elected at large from the cooper-ative’s more than 153,000 mem-bers in six counties.

Bedsole took his seat just daysafter the board announced a newpresident and chief executive tolead the electric cooperative.

Donnie Clary, a 24-year veteranof CoServ, was named to the jobafter most recently serving assenior vice president and chieffinancial officer. He replacesMike Dreyspring, who resignedin January.

Homeowners’ candidate voted to CoServ board

DMN file photo

CoServ lineman Andrew Pierce rescues stranded cat Garland from a tree in Flower Mound.

By Valerie Wigglesworth / DMN

Bedsole

Photo by Courtney Perry/The Dallas Morning News

Cars turn onto Stonebrook Parkway at the Dallas North Tollway in west Frisco. Some residents of areas alongWest Stonebrook and West Main Street want CoServ Electric and Brazos Electric Power Cooperative Inc. to findalternatives to proposed routes for high-voltage transmission lines.

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HM

The Denton Chamber ofCommerce celebrated theopenings of several busi-nesses with ribbon-cuttingceremonies.

Business MixersRibbon-cuttings

Texas Sunset Family Chiropractic

DT Media SystemsMeridian Bank Texas

Your New Neighborhood

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Doctors on the medical staff practice independently and are not employees or agents of the hospital. © 2014

A new Heart Health Center in Denton

At Texas Health Presbyterian Hospital Denton, we want you to

take your health to heart — literally. That’s why we’re proud to

announce our new Heart Health Center, right here in Denton.

People who have taken our heart health risk assessment and are

at risk for heart disease can come in for a screening where we’ll

tailor a care plan for their specific needs. And if care is needed

beyond prevention planning, we offer procedures ranging from

vascular treatments to open-heart surgery. As an accredited

chest pain center, our patients receive advanced cardiovascular

care. Find out if you’re at risk for heart disease by taking our risk

assessment at TexasHealth.org/Denton-Heart.

1-877-THR-WELL

TexasHealth.org/Denton-Heart

Healthy hearts look good on you, Denton.

IQ

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

NAME — DBA/ADDRESS

Amber Kuntz, Amber Kuntz Psychiatry, 604 N. BellAve., DentonAmber McCormack, The Little Black Dog, 4104 ColinaAve., DentonAngel G. Martinez, M.T.C. Services, 314 Campbell Lane,DentonAnnemarie Aldrich, Stonehill Center Merchant Society,5800 N. I-35E, Suite 508, DentonBryan Ellis Swanson, Morph Speakers, 4216 DogwoodDrive, DentonCAJMAC LLC, Hickory & Fry, 1206 W. Hickory St.,DentonCaleb Crane, Caleb Crane Enterprise, 3008 MontclairPlace, DentonCamille Green, C. Green Artwork, 1416 Knight St.,DentonCan Doers Services Unlimited Inc., Polished ConcreteSpecialists, 9100 Teasley Lane, No. 1A, DentonCecilia Gloria, Innovative Building Maintenance andJanitorial, 2220 Lake Haven, DentonChase Michael Burgher, AAA Bail Bonds, 103 S.Woodrow, Suite 7, DentonChris Skelli, Flat Rock Drywall Co., 5505 Thistle Way,DentonDavid Beaster, Homestead Services LLC, 6101PhotiniaAve., DentonEdmar and Diana Jimenez, Jimenez Plumbing NorthernBranch, 933 Springcreek Drive, DentonElda and Ken R. Green, KG’s Air Conditioning and HeatLLC, 2001 Lamprey Circle, DentonCody Deck, Cody Deck Insurance, 3800 Drexel Drive,DentonDana M. Laitinen Jr., Lightning Jiu-Jitsu, 508 S. ElmSt., No. 108, DentonDavid Beaster, Homestead Services LLC, 6101PhotiniaAve., DentonEdmar and Diana Jimenez, Jimenez Plumbing NorthernBranch, 933 Springcreek Drive, DentonElda and Ken R. Green, KG’s Air Conditioning and HeatLLC, 2001 Lamprey Circle, DentonEmilie Douglas, Cookies by Design, 260 S. I-35E, Suite100, DentonGary Phillips, Texas Impound Service, 627 S. MayhillRoad, No. 101-1, DentonIvan Puga, Ivan’s Car Detailing and Power Washing, 415Uland St., Denton

NAME — DBA/ADDRESS

James Earp, James Earp and Associates, 934 N. LocustSt., DentonJimmy Mereith, Pond Maintenance Services, 603Parkway, DentonJohn C. Cartwright, Parallax Digital Media, 1112Ridgecrest Circle, DentonJoy and Frank Silmon, For The Love of Denton, 3309DePaul Drive, DentonLibby Properties Series D, Knee Deep Plumbing, 2313Caddo Circle, DentonKelly Peace and Derek King, REMAX Legacy, 301 DallasDrive, No. 121, Denton Luis Triana Moran, Luis Moran, 1213 Piping Rock Lane,DentonLynene Michele Miles, Stomp Around Town, 3101Lipizzan Drive, DentonMary Horn, Denton County Historical Park, 317 W.Mulberry St., DentonMichael Lee, Greenworks Lawn and Landscape Services,1670 Oak Ridge Drive, DentonMiguel Flores, Unique Precision RV Center, 1425 S.Trinity Road, DentonPatrick H. Waddle, Shoestring Photography, 801 MackDrive, DentonRick Grenwood, Geneva Post Audio, 2400 Denison St.,DentonRobert Thomas Wrobel, Exclusive Reflections, 5301 E.McKinney St., No. 124, DentonRoger Little, Little’s Band Acessories, 4 HighviewCourt, DentonSalvador A. Gonzalez, Wow Wash, 2301 Belmont ParkDrive, DentonSalvador Rios Jr., Grid House, 2730 Bolivar St., DentonScott Piekarski, Denton OCC, 1139 Bent Oaks, DentonSergio Gonzalez, La Indita Meat Market, 404 W.Sherman Drive, DentonSteven E. and Cindy D. Jacobson, Edan Properties, 112Bellemead Drive, DentonWhitney Waler, Wanderlust Wares, 2700 Mill PondRoad, DentonWilliam E. Johnson Jr., Cooper’s Woodworks, 2225Northway, DentonZahir Chaudhary and Manzoor Main, Millenium ShellNo. 1, 801 E. Sherman Drive, Denton

Vital Statistics

75034BSP Motorsports LLC, BSP Motorsports, 15222 King Road,Suite 203, Little Elm

75068Amazon Rain Sprinkler Service LLC, Amazon Rain SprinklerService LLC, 2780 Crescent Lake Drive, Little ElmAutozone Parts Inc., Autozone No. 0575, 2783 E. EldoradoParkway, Little ElmMagan Yvonne Kasper, Thriving Magan, 2114 SundownDrive, Little ElmMicah R. Johnson, Lola Roux, 1412 Toucan Drive, Little ElmMinute Clinic LLC, Minute Clinic LLC, 2591 FM423, LittleElmRodney L. Michel, Northwest Art and Collectibles, 3529Pinnacle Bay Point, Little ElmTeresa Rodriguez, Tere Luna Décor, 2633 Misty HarborDrive, Little ElmTorco Investments Corporation, Sudz Wash N Go, 1000 E.Eldorado Parkway, Little Elm

76201212 Private Club Inc., Hailey's 122 W. Mulberry St., DentonAutozone Parts Inc., Autozone No. 1345, 511 W. UniversityDrive, DentonBernard S. Pierson, Knee Deep Plumbing, 313 Egan St.,DentonGary Haack & Amanda Haack, The Bicycle Path, 219 FortWorth Drive, DentonGMBG2 Operating LLC, Shots & Crafts, 102 Ave. A, DentonHanin Lube Center Inc., Hanin Lube Center, 421 Eagle Drive,DentonHickory & Fry Club, Hickory & Fry, 1206 W. Hickory St.,DentonLessek Enterprises LLC, Lessek Enterprises, 721 S. Elm St.,Suite 109, Denton

Macfall Enterprises LLC, Macfall Enterprises LLC, 1114 AnnaSt., DentonShots and Crafts Hospitality Inc., Shots & Crafts, 103 Ave.A, DentonSlow Coffee 2 LLC, Slow Coffee 2 LLC, 235 W. Hickory St.,Denton

76205Aleisha Sanchez, Owlsome Designs, 1814 Teasley Lane, Apt.1008, DentonAutozone Parts Inc., Autozone No. 1568, 225 Dallas Drive,DentonCheapscapes LLC, Cheapscapes LLC, 4 Highview Circle,DentonDenton County Laser Centers LLC, Premiere Laser Centre,2430 S. I-35E, DentonEmilie Douglas, Cookies By Design, 260 S. I-35E, DentonFitness World Inc., Fitness World Inc., 1712 Lynhurst Lane,DentonGenevieve A. McGregor, Gem Enterprises, 1020 HopkinsDrive, DentonHot Topic Inc., Torrid No. 5408, 2201 S. I-35E, DentonJacob Oyervidez, Tire Express, 2408 Roselawn Drive,DentonMichelle S. Hassell, Dark Wolf Crochet, 1804 Teasley Lane,Apt. 313, DentonNoel I. Hernandez, Iksa Tools, 2104 Azalea St., DentonPollo Tropical Beverages LLC, Pollo Tropical Beverages LLC,2220 S. Loop 288, DentonSipo D. Thao, Sprockets Bicycle Shop, 1207 Knight St.,Denton

76208Charles Kent Smith, Trashporter, 3433 Farris Road, Denton

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 77034, 75065, 75068, 76201, 76205, 76207, 76208, 76209,76210, 76226, 76227, 76234, 76249, 76258, 76259 and 76266.

SALES | CONTINUED ON PAGE 21

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Should Entrepreneurs Invest DiJerently?

By JeJery D. Price

An entrepreneur’s personal wealth is typically concentrated in a single asset: his company. Business owners devote themselves to assess-ing and taking risks in order to grow their enterprises. But too o_en they don’t apply that same focus to their personal assets. In fact, some of the attributes that make for a successful entrepreneur can be diametrically opposed to the imperatives of wealth preser-vation.

Entrepreneurs should begin by considering their personal wealth objectives. Many busi-ness owners may want to take an even more disciplined approach to portfolio construc-tion than other types of investors. dis is part-ly because they may have more to lose, but also because many of the elements of a solid bnancial strategy can require additional care when there are signibcant assets tied up in a business endeavor. It’s important for entrepre-neurs to ensure that their portfolio is tailored not only to their particular circumstances but also to the type of business they own.

Understanding your investment personality. Getting a better handle on your bnancial ten-dencies can help you invest in a way that’s bet-ter aligned with your goals. You may consider yourself a risk taker generally, but risk taking in an investment context isn’t the same as it is in business. When you invest cash in your company, your decision is based on careful analysis of a market you know well. However, bnancial decision making in your portfolio is more in the market’s control.

An investment strategy aligned with your investment personality may help you stay in-vested when the markets zigzag. One way to help address the issue is to engage in an exer-cise akin to stress-testing a portfolio against a range of possible scenarios. By somewhat preparing investors for potential market tur-bulence, stress tests can help guard against counterproductive behavior which can reduce long-term returns.

Prioritizing your goals. What are your short- and long-term bnan-cial and life goals? When do you anticipate retiring, selling your company or turning it over for someone else to run? Consider your personal goals separately from your business objectives. Business owners o_en reinvest substantial sums in their companies. But if you plan to pay for your children’s college education, for instance, and you know what it will take to reach that goal, you can con-sciously siphon oc cash from your monthly income to allocate to a tax-advantaged college savings program.

Creating an investment strategy. de process o_en starts with a bit of mental accounting. Conceive of your wealth in terms of two distinct buckets. de brst bucket is your entrepreneurial capital—your stake in your businesses. de second is a diversi-bed portfolio that includes assets designed to compensate for the risk inherent in your businesses.

It’s important to make sure your portfolio contains enough liquidity to serve as a cush-ion against recessions, industry down cycles, or any rough business patch. Because that brst entrepreneurial bucket is likely high-ly illiquid (as it’s tied up in your company), entrepreneurs may want to build as much as twice the liquidity into their personal portfo-lios as non-business-owner investors. Suitable liquid assets generally include a combination of cash, intermediate-term bonds and a line of credit that serves as a form of insurance against potential business pitfalls.

It’s a good idea to apply for a line of credit before you need it. A credit line can give you the ability to take advantage of opportunities that crop up suddenly. Lastly, business owners shouldn’t overlook disability insurance. An inability to work could end up reducing not only your family’s income but also the value of your business.

Choosing a retirement plan that serves your goals. Some tax-qualibed plans ocer noteworthy benebts for business owners, allowing you to put away considerable sums while also helping retain employees via probt sharing. If your business has 100 or fewer employees, a SIMPLE (savings incentive match plan for employees) IRA is a relatively inexpensive op-tion, ocering most of the benebts of a 401(k) while imposing fewer IRS reporting require-

ments. Because participation is voluntary, em-ployees can choose whether and how much of their pre-tax wages to contribute. Employers then match up to 3% of annual compensation, which they can deduct as a business expense. Or they can choose to contribute a aat 2% of compensation for all employees, regardless of whether they contribute.

Reviewing and updating your strategies. Be prepared to connect with your Merrill Lynch Financial Advisor regularly—at least a few times a year—to go over how you’re mak-ing progress toward your goals. As business conditions change and life goals evolve, entre-preneurs may need to modify their portfolios from time to time in order to stay on course.

For an entrepreneur, maybe the most import-ant impetus for having a disciplined, diver-sibed wealth management strategy in place is a very simple one. It can help protect your assets by letting you do what you do best: take smart risks.

Merrill Lynch Wealth Management makes available products and services ocered by Merrill Lynch, Pierce, Fenner & Smith Incor-porated (“MLPF&S”) and other subsidiaries of Bank of America Corporation (“BAC”).

“Merrill Lynch” refers to any company in the Merrill Lynch & Co., Inc., group of com-panies, which are wholly owned by Bank of America Corporation.

Bank of America Corporation (“Bank of America”) is a bnancial holding company that, through its subsidiaries and a\liated companies, provides banking and nonbank-ing bnancial services.

Investment products:

Neither Merrill Lynch nor its bnancial advi-sors provide tax, accounting or legal advice. Clients should review any planned bnancial transactions or arrangements that may have tax, accounting or legal implications with their personal professional advisors

Diversibcation does not assure a probt or protect against a loss in declining markets.

For more information, contact Merrill Lynch Wealth Management Advisor Jef-fery D. Price of the Southlake, Texas office at 817-410-4940 or [email protected].

Are Not FDIC Insured

Are Not Bank Guaranteed

May Lose Value

IQ

Vital StatisticsVEHICLE SALES

The following sales information for Denton County was issued in the Freeman Autoplex Recap by FreemanPublishers.

DOMESTIC CARSMAKE JULY SALES YEAR TO DATEAcura 0 5Buick 10 59Cadillac 12 97Chevrolet 73 536Chrysler 16 108Dodge 71 398Fiat 0 1Ford 173 1,088GMC 2 14Honda 204 1,033Jeep 0 3Lexus 0 0Lincoln 0 0Mazda 5 12Mercedes-Benz 0 0Mitsubishi 0 1Nissan 122 996Ram 1 9Subaru 4 21Toyota 92 573Volkswagen 89 453Total 874 5,407

IMPORTED CARSMAKE JULY SALES YEAR TO DATEAcura 0 3Aston Martin 0 0Audi 0 3BMW 0 6Bentley 0 0Buick 2 12Chevrolet 5 44Dodge 1 1Ferrari 0 1Fiat 0 0Ford 2 7GEM 0 0Honda 28 215Hyundai 64 408Infiniti 0 0Jaguar 0 0Kia 100 483Lamborghini 0 1Land Rover 0 0Lexus 2 8Lincoln 0 0Maserati 0 0Mazda 44 312Mclaren 0 0Mercedes-Benz 3 15Mini 0 3Mitsubishi 20 145Nissan 6 151Porsche 0 1Rolls Royce 0 0Smart 0 0Subaru 36 168Tesla 3 19Toyota 104 590Volkswagen 9 68Volvo 0 0Others 2 7Total 431 2,671

DOMESTIC TRUCKSMAKE JULY SALES YEAR TO DATEAcura 0 0Buick 0 0Cadillac 29 147Chevrolet 170 1,078Chrysler 0 5Dodge 32 139Ferrari 0 0Ford 458 2,502Freightliner 1 9GMC 123 579Honda 34 222International 0 3Jeep 117 783Kensworth 0 1Lexus 0 2Lincoln 0 0Mack 0 0Mercedes-Benz 1 2Mitsubishi 12 127Nissan 19 130Peterbilt 1 12Ram 134 586Subaru 27 109Toyota 34 178Volkswagen 0 1Volvo 0 0Others 4 5Total 1,196 6,620

IMPORTED TRUCKSMAKE JULY SALES YEAR TO DATEAcura 1 23Aston Martin 0 0Audi 0 1BMW 0 7Buick 15 81Fiat 0 0Ford 11 43Freightliner 0 0Hino 0 0Honda 53 303Hyundai 18 140Infiniti 0 1Isuzu 2 19Kia 89 506Land Rover 0 1Lexus 0 3Lincoln 0 0Mazda 29 201Mercedes-Benz 0 1Mini 0 0Mitsubishi 8 67Nissan 71 573Porsche 0 1Subaru 33 175Tesla 0 0Toyota 75 573Volkswagen 11 57Volvo 0 0Western Star 0 2Others 0 0Total 416 2,778

TOTAL VEHICLE SALES 2,917 17,476

Gay Lynn Langham, Sierra Oaks Farm, 3991 Blagg Road,DentonKaren Rice and Tina Morgan, Morgan & Rice, 4100 PineGlen Road, CorinthMaster Services Inc., Master Services Inc., 621 S. MayhillRoad, Suite D, DentonPicture Bungalow LLC, Picture Bungalow, 3923 Morse St.,Suite 112, Denton

76209Carla Kennedy, Carla Kennedy, 2809 Joshua St., DentonLaura Boulton, The Eccentric Rabbit, 2019 N. Bell Ave., Apt.B, DentonPizza Hut Of America Inc., Pizza Hut No. 317143, 400 N.Loop 228, Suite 110, DentonRobert Lee Berend, R&G Accents, 1621 Churchill Dr., DentonSharon G. Arnold, Light The Wick, 2425 Kayewood Drive,DentonSid's Market LLC, Sid's Market, 500 N. Bell Ave., Suite 109,Denton

76210Amy Proff Lyons, APL Creations, 3701 Palmetto Court,DentonAutozone Parts Inc., Autozone No. 4223, 5012 TeasleyLane, DentonKelly Adams Massey, Re-Creations, 3804 Miramar Drive,DentonLibby Properties LLC, Knee Deep Plumbing, 2313 CaddoCircle, DentonMark W. Tribble, Metro Events, 3939 Teasley Lane, Lot 231,DentonMark W. Tribble, White Decorating Service, 3939 TeasleyLane, Lot 231, DentonMichael David Brewer, Michael David Brewer, 3804 BlackButte Drive, DentonMinuteclinic LLC, Minuteclinic LLC, 3200 Teasley, DentonPrimary Health Inc., Carenow, 3751 S. I-35E, DentonQuality Licensing Corp., Quality Licensing Corp. No. 4104,3930 Teasley Lane, DentonThomas Dewitt Light, TDL Handyman Services, 2105Fairmount Park Drive, Denton

76210Autozone Parts Inc., Autozone No. 3540, 4171 FM2181,Corinth

Beans Fork Group LLC, Beans Fork Group LLC, 3004 ClayTrail, Corinth

Core Karting LLC, Core Karting LLC, 1607 N. Haven Drive,CorinthDonald Thomas Braun, Donald Braun, 2312 Benwick Drive,CorinthEjuicetastic LLC, Ejuicetastic, 2108 Brazos Drive, Corinth

76226Burt Bland, Extreme Sales, 911 Stonecrest Road, ArgyleInnovative Structures LLC, Innovative Structures, 306Redbud St., ArgyleKeep Exploring LLC, Keep Exploring LLC, 415 Canyon OaksDrive, ArgyleKK Argyle Management LLC, Kwik Kar Of Argyle, 800Highway 377N, ArgyleThe Hamel Spot LLC, The Peddler's Emporium andSquarewright's Gallery, 409 Highway 377S, Argyle

76227Five15 Inc. (Five15 Catering Inc.), Five15 Inc., 5541 BridlePath, AubreyJS Phillips Family Investments Ltd., McDonald's No. 37186,11201 US Highway 380, Cross RoadsJudy L. Sanders, Mountainninny Gifts & More, 1893FM1385, AubreyLeigh Jacobs Salon LLC, Leigh Jacobs Salon LLC, 11350 USHighway 380, Suite 150, Cross Roads

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 76208, 76209, 76210, 76226 and 76227.

SALES | CONTINUED FROM PAGE 20

SALES | CONTINUED ON PAGE 23

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Denton Record-Chronicle

940-387-7755

800-275-1722

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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.

119 Loophole Private Club, 119 W. Hickory St., Denton,$3,153.42 American Legion Post No. 550, 905 N. Foundation, PilotPoint, $975.05Andy's Private Club, 122 N. Locust St., Suite B, Denton,$7,603.29Angelina's Mexican Restaurant, 1400 N. Corinth St.,Suite 111, Corinth, $830.73 Applebee's Neighborhood Grill, 707 S. I-35E, Denton,$3,411.37 Applebee's Neighborhood Grill, 2672 FM423, Little Elm,$2,557.79Aramark Educational Services, 303 Administration St.,Denton, $115.57 Ashton Gardens, 2001 Ashton Gardens Lane, Corinth,$2,401.01B.P.O.E. Denton No. 2446, 228 E. Oak St., Denton,$745.24Best Western Area Crown Chase, 2450 Brinker Road,Denton, $456.13 BJ's Restaurant & Brewery, 3250 S. I-35E, Denton, $0Black-Eyed Pea, 2420 S. I-35E, Denton, $111.55 Bono's Chop House & Saloon, 2025 N. Highway 287,Decatur, $1,505.42 Boomerjack Wings No. 8, 407 W. University Drive,Denton, $859.61Bosses Pizza & Sandwiches, 420 E. McKinney St., Suite100, Denton, $117.51Brunswick Zone Denton, 2200 San Jacinto Blvd.,Denton, $805.34Buffalo Wild Wings Grill & Bar, 1400 S. Loop 288, Suite110, Denton, $2,674.90 Cabana Beverages, 1300 N. I-35E, Denton, $165.75 Casa Torres Mexican Restaurant, 2708 FM51, Decatur,$1,123.79 Chili's Grill & Bar, 600 S Highway 287, Decatur,$2,805.08Chili's Grill & Bar No. 759, 8394 S. I-35E, Hickory Creek,$2,085.37Chili's Grill& Bar, 2406 N. I-35E, Denton, $2,247.64Chilitos Private Club Inc., 619-623 S. Denton Drive, LakeDallas, $262.17 Chipotle Mexican Grill, 1224 W. Hickory St., Denton,$41.54 Chuy's Denton, 3300 Wind River Lane, Denton,$5,359.59Cool Beans, 1210 W. Hickory St., Denton, $3,295.39 Courtyard By Marriott, 2800 Colorado Blvd., Denton,$246.69Crossroads Bar, 1803 N. Elm St., Denton, $716.56 Dan's Silverleaf, 103 Industrial St., Denton, $2,435.98 Denton Country Club, 1213 Country Club Road, Argyle,$3,029.40Denton Side Bar, 109 Ave. A, Denton, $1,677.01Denton Side Bar, 109 Ave. A, Denton, $1,156.88 East Side Social Club, 117 E. Oak St., Denton, $10,213.94 El Fenix-Denton Texas, 2229 S. I-35E, Denton, $650.30El Guapo's, 419 S. Elm St., Denton, $918.90 Ernesto's Mexican Restaurant, 10279 FM455E, Suite 1,Pilot Point, $1,850.94 Frilly's, 1803 S. Highway 287, Decatur, $1,766.25 Fry Street Public House, 125 Ave. A, Denton, $3,790.45 Fry Street Tavern Club, 121 Ave. A, Denton, $3,558.83 Fuzzy's Taco Shop, 109 N. State St., Decatur $1,000.10 Fuzzy's Taco Shop, 2412 S I-35 E # Sou Denton$1,132.03 Fuzzy's Taco Shop, 1044 Maple St., Suite 101 Sanger$282.53Fuzzys Taco Shop, 421 Highway 377S, Argyle, $778.74 Genghis Grill The Mongolian, 2416 Lillian MillerParkway, Denton, $163.34 Good Eats No. 729, 5812 N. I-35, Denton, $0 Good Eats No. 729, 5812 N. I-35, Denton, $0Hannahs, 111 W. Mulberry St., Denton, $4,117.75 Herrera's Tex-Mex Restaurant, 100 W. Oak St., Suite160, Denton, $730.30 Hickory Street Lounge, 212 E. Hickory St., Denton,$2,108.75 Hilton Garden Inn Denton, 3110 Colorado Blvd., Denton,$521.12 HNC Lions Den Private Club Inc., 2700 E. EldoradoParkway, Suite 250, Little Elm, $0 Holiday Inn Denton, 1434 Centre Place Drive, Denton,$246.62Hooligans Private Club, 104 N. Locust St., Denton,$4,503.80Hooters of Denton, 985 S. I-35E, Denton, $3,699.80Horny Toad Cafe & Bar, 5812 N. I-35, Denton, $716.63 II Charlies Private Club, 809 Sunset St., Denton,$4,182.40 J R Pockets Club, 1127 Fort Worth Drive, Denton,$2,418.16 Jackie's, 201 Main St., Lake Dallas, $2,251.87 Jag Private Club Inc., 119 S Elm St., Denton, $4,332.01

Joey's Ristorante Italiano, 26735 US Highway 380E,Little Elm, $0 Johnny Carino's Italian, 1516 Centre Place Drive,Denton, $1,097.99 Keiichi, 500 N. Elm St., Denton, $22.24Keiichi LLC, 500 N. Elm St., Denton, $368.09Kobe Sushi & Steak LLC, 2832 E. Eldorado Parkway,Suite 208, Little Elm, $208.03 La Casa Velez, 2831 W. Eldorado Parkway, Suite 112,Little Elm, $696.46La Milpa Mexican Restaurant, I820 S. I-35E, Unit 1,Denton, $1,113.60 Lake Cities Post No. 88, 105 Gotcher Ave., Lake Dallas,$1,214.71Lake Dallas Point Restaurant, 303 Swisher Road, No.100, Lake Dallas, $1,713.25 Lake Ray Roberts Area Elks Lodge, 1601 Marina Circle,Sanger, $407.15 Lantana Golf Club, 800 Golf Club Drive, Argyle,$1,854.15 Last Drop Taverns, 508 S. Elm St., Suite 101, Denton,$1,504.82 Legends Sports Bar, 1313 N. Highway 377, Pilot Point,$0Lone Star Attitude Burger Co., 113 W. Hickory St.,Denton, $5,670.67Los Charros, 2763 E. Eldorado Parkway, Suite 105,Little Elm, $461.36 Los Jalapenos Restaurant, 420 E. Eldorado Parkway,Little Elm, $184.31Los Toreros Restaurant, 2900 Wind River Lane, Suite134, Denton, $799.84 Los Toreros Restaurant, 2900 Wind River Lane, Suite134, Denton, $639.04 Los Toreros Restaurant, 2900 Wind River Lane, Suite134, Denton, $538.41Los Toreros Restaurant, 2900 Wind River Lane, Suite134, Denton, $425.11Lowbrows Beer and Wine Garden, 200 W. WashingtonSt., Pilot Point, $310.74 Mable Peabody's Beauty Parlor, 1125 E. UniversityDrive, Suite 107, Denton, $1,455.70 Mellow Mushroom, 217 E. Hickory St., Denton,$2,074.99Meritt Ranch Beverages Limited, 2946 Ganzar Road W.,Denton, $351.48 Metzlers Food and Beverage Inc., 1251 S Bonnie BraeSt., Denton, $123.41Mi Sueno Club, 2648 FM407E, Suite 150, Bartonville,$1,185.23 Mi Taza Latin Tex-Mex Café, 5017 Teasley Lane, Suite101, Denton, $507.99 Miguelito's, 1521 E. McCart St., Krum, $692.44 Miguelitos, 1412 N. Stemmons St., No. 178, Sanger,$1,096.72 Movie Tavern, 916 W. University Drive, Denton,$6,495.51Mulberry Street Cantina Club, 110 W. Mulberry St.,Denton, $3,341.69 Norman Heitz Memorial Post 104, 501 Thompson, LakeDallas, $593.35Oak Street Drafthouse Club, 308 E. Oak St., Denton,$6,245.27Oakmont Country Club, 1200 Clubhouse Drive, Corinth,$1,809.93 Ollimac Company, 1400 Corinth Bend, Suite 103,Corinth, $621.62 On The Border, 2829 S. I-35E, Denton, $2,797.25Outback Steakhouse, 300 S. I-35E., Denton, $1,775.63 Pedro's Tex Mex & Grill, 209 S Washington St., PilotPoint, $694.25Pei Wei Asian Diner, 1931 S. Loop 288, Suite 130,Denton, $67.93Phil Miller Post No. 2205 VFW, 909 Sunset St., Denton,$1,140.00 Pilot Point Columbus Club, 221 N. Prairie St., PilotPoint, $11.05 Pizza Hut, 730 S. Highway 377S, Pilot Point, $23.58Prairie House Restaurant, 10001 Highway 380, CrossRoads, $1,221.41Queenie's Steakhouse, 113 E. Hickory St., Denton,$1,136.38 Red Lobster No. 6349, 2801 S. I-35E, Denton, $1,189.92 Ringers, 807 Eagle Drive, Denton, $831.06 Riprock's, 1211 W. Hickory St., Denton, $4,639.28 Rock 101 Grill Little Elm, 2833 Eldorado Parkway, Suite301, Little Elm, $6,463.22 Rockin' Rodeo, 1009 Ave. C, Denton, $5,163.75 Rocky's Sports Bar, 2000 W. University Drive, Denton,$2,214.01Rooster's Roadhouse, 113 Industrial St., Denton,$2,644.22Rooster's Roadhouse Decatur, 106 N. Trinity St.,Decatur, $1,380.53

Rosa's Cafe & Tortilla Factory, 1275 S. Loop 288,Denton, $186.19 RT's Social Club Inc., 1100 Dallas Drive, Suite 124,Denton, $7,583.39 Rubber Gloves, 409 E. Sycamore St., Denton, $760.58 Ruby-Jeans Social Club Inc., 309 N. FM156, Ponder,$478.31Rusty Taco Denton, 210 E. Hickory St., Denton, $626.45 Savory Private Club, 2650 FM407E, Suite 165,Bartonville, $881.58 South Elm Restaurant & Bar, 508 S. Elm St., Suite 105,Denton, $62.44 Sushi Café, 1401 W. Oak St., Denton, $65.92 Sweetie Pie's Ribeyes, 201 W. Main St., Decatur,$333.92Sweetwater Grill & Tavern, 115 S. Elm St., Denton, $0Sweetwater Grill & Tavern, 115 S. Elm St., Denton, $0

Texas Land & Cattle Steak House, 8398 S. StemmonsFreeway, Hickory Creek, $0 Texas Roadhouse, 2817 S. I-35E, Denton, $2,786.19 The Abbey Inn Restaurant & Pub, 101 W. Hickory St.,Denton, $3,034.29 The Aztec Club, 720 W. University Drive, Denton,$1,279.36 The Bears Den, 11670 Massey Road, Pilot Point,$370.71The Garage, 113 Ave. A, Denton, $3,751.73 The Green House, 600 N. Locust St., Denton, $1,945.34 The Labb Club, 218 W. Oak St., Denton, $2,830.21The Olive Garden Italian Restaurant, 2809 S. I-35E,Denton, $1,379.66 Three Fins Seafood Grill, 2303 S. I-35E, Denton, $952.27Toms Daiquiri Place, 1212 W. Mulberry St., Denton,$2,999.99

Tower Tap House, 290 E. Eldorado Parkway, Little Elm,$4,066.09 University Lanes, 1212 E. University Drive, Denton,$589.80 Varsity Roadhouse, 26781 US Highway 380, Little Elm,$1,361.17 Verona Pizza Italian Restaurant, 201 Loop 81/287N,Decatur, $23.31Villa Grande Mexican Restaurant, 12000 US Highway380, Suite 100, Cross Roads, $1,649.07Villa Grande Mexican Restaurant, 2530 W. UniversityDrive, Suite 114, Denton, $1,324.38 Vitty's Club Inc., 1776 Teasley Lane, Suite 102, Denton,$1,826.21Wild Horse Grill, 9400 Ed Robson Circle, Denton,$2,048.65Wing Town, 4271 FM2181, No. C316, Corinth, $0

Vital Statistics

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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. DATEBradley Jay Bell, 807 N. 5th St., Sanger Limited sales excise and use tax $1,456.96 08/20/2014Herrera’s Tex-Mex Denton Square LLC, 100 W. Oak St., Suite 160 Limited sales excise and use tax $4,107.79 09/02/2014James Michael Beaver, 10 Highview Circle, Denton Limited sales excise and use tax $1,093.65 09/02/2014Kevin L. Lee, 3601 Chapel Hill Lane, Denton Limited sales excise and use tax $20,955.48 08/11/2014Last Drop Taverns LLC, 1707 Morning Glory Drive, Corinth Limited sales excise and use tax $1,235.83 09/02/2014Scooters Sports Bar & Grill Inc., 929 N. Washington St., Pilot Point Limited sales excise and use tax $2,556.25 09/02/2014

RELEASE OF STATE TAX LIENSNAME/ADDRESS TYPE AMOUNT REC. DATEAmanda and Gary Haack, 219 Fort Worth Drive, Denton Limited sales excise and use tax $1,944.32 08/11/2014Burt Bland, 911 Stonecrest Road, Arygle Limited sales excise and use tax $1,256.28 08/28/2014Jake’s Performance LLC, 902 Utility Road, Suite 100, Sanger Limited sales excise and use tax $2,531.11 09/02/2014Martin Electrical Systems LLC, 4030 Trey Lane, Suite D, Argyle Limited sales excise and use tax $1,053.90 08/28/2014Old Pro Leather Goods LLC, 8291 Gateway Drive, Suite 440, Argyle Limited sales excise and use tax $2,133.44 08/05/2014Sipo D. Thao, 2303 Leslie St., Denton Limited sales excise and use tax $1,105.08 08/28/2014

FEDERAL TAX LIENSNAME/ADDRESS TYPE AMOUNT REC. DATEBarry R. and Linda L. Jacobs, 2520 Natchez Trace, Denton 1040 $3,721.57 08/16/2014Beps Restaurant Group LLC, 2900 Wind River Lane, Suite 134, Denton 940,941 $50,678.70 08/19/2014Bradley J. Warner, 3516 Wessex Court, Denton 1040 $16,113.54 08/28/2014Grahams Concrete Inc., 1004 Ector St., Denton 941 $2,429.10 08/05/2014Joseph C. Brager, 6101 Goldenrod Drive, Denton 1040 $67,753.26 08/13/2014Lee and S. Company, 3606 S. I-35E, No. 100, Denton 941 $8,285.63 08/15/2014Michael W. Warren, 3621 Beatriz Drive, Denton 1040 $883.20 08/28/2014Ramon A. Cruz MD. PA., 624 W. University Drive, No. 397, Denton 941 $19,076.15 08/05/2014Ryco Medreview LLC, 919 S. Carroll Blvd., Denton 940, 941 $3,834.49 08/28/2014Simone Urschel LLC, 222 W. Hickory St., Suite 102, Denton 941 $2,383.23 08/28/2014Vernon D. Coleman, 1412 La Mirada, Denton 1040 $14,678.90 08/05/2014William L. Singleton, 1606 E. McKinney St., Apt. 6105, Denton 1040 $29,296.77 08/06/2014Willis C. and Sandra K. Cash, 4205 Red Wolfe Road, Denton 1040 $90,707.39 08/15/2014

RELEASE OF FEDERAL TAX LIENSNAME/ADDRESS TYPE AMOUNT REC. DATEGrant A. Innes Jr., 1618 Shadow Crest Drive, Corinth 1040 $106,980.45 08/13/2014Harold R. and Twylla M. Harper, 7615 Jane Long Road, Sanger 1040 $152,150.65 08/28/2014John T. and Elizabeth A. Borah, 2201 Knoll Ridge Drive, Corinth 1040 $25,050.44 08/28/2014John T. Elizabeth A. Borah, 2201 Knoll Ridge Drive, Corinth 1040 $43,540.15 08/28/2014Stacy L. Hardin, 825 US Highway 377, Pilot Point 1040 $41,187.59 08/15/2014Stacy L. Hardin, 825 US Highway 377, Pilot Point 1040 $20,509.40 08/15/2014

MECHANICS LIENSNAME/ADDRESS CONTRACTOR AMOUNT REC. DATEColleen S. and Michael E. Rushing, 8500 Clear River Lane, Denton Work Environmental Systems $12,550.00 08/13/2014Gina A. Knard, 502 Village Way, Argyle Craftsman Village Homes $310,000.00 08/04/2014Jade and Joshua Fagan, 2378 E. Hickory Hill Road, Argyle Noble Classic Homes Inc. $72,500.00 08/06/2014Jeffery D. and Malissa A. Fry, 1807 Locksley Lane, Denton Korrect General Contracting LLC $25,000.00 08/06/2014Kerry D. Hansher, 4116 Red Wolfe Road, Denton Gohlke Pools $60,491.36 08/25/2014Mayra A. Martinez, 503Chambers St., Denton Epic Hill Homes LLC $40,820,00 08/13/2014

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

CERTIFICATES OF OCCUPATIONAmericas Storage, 525 Fort Worth Drive, No. 204Bryan Barba, 2301 N. Masch Branch Road, No. 215Henry Shoopman, 934 N. Locust St.Macho Self Storage, 525 Fort Worth Drive, No. 101Renaissance Medical, 2509 Scripture St.Responsive Education, 4420 Country Club RoadSeyed M. Bagheri, 500 N. Bell Ave., No. 109Texas Medical Denton, 209 N. Bonnie Brae St.

COMMERCIAL ALTERATIONAfford It Tires, 2400 E. University DriveAnytime Fitness, 5050 Teasley Lane, No. 104Atmos Pipeline-Texas, 5642 E. McKinney St.Attorney General, 1804 Cornell LaneBet The House BBQ, 508 S. Elm St., No. 109Big State Pawn, 1321 Teasley LaneBill Pantuso, 3301 Unicorn Lake Blvd.Clearwire, 1720 W. University DriveCounseling & Diagnostic, 320 W. Eagle Drive, No. 206Dr. Rodriguez, 2185 Brinker Road, No. 110Eric Delegard, 2408 N. Elm St.Hot Topic, 2201 S. I-35E, No. S19HTA Aviation LP., 1518 I-35Kohls Department Store, 2620 W. University DriveLuxor Nails Spa, 5050 Teasley Lane, No. 108McKinney Food, 1117 E. McKinney St.Pizza Hut Inc., 400 N. Loop 288, No. 110Saratan Corp., 909 N. Loop 288The Heart Hospital, 2801 S. Mayhill RoadWest Midwifery Care, 1813 Hinkle Drive, No. 111West Oak Coffee Bar, 114 W. Oak St.

COMMERCIAL7-Eleven Inc., 2221 & 2225 W. University DriveAtmos Pipeline, 5642 E. McKinney St.Bill Pantuso, 3301 Unicorn Lake Blvd.Denton Creek Realty LP., 950 Masch Branch RoadJohn R. Porter1804 Cornell Lane1808 Cornell Lane

RESIDENTIALBeazer Homes3300 Knoll Pines Road3213 Knoll Pines Road3305 Knoll Pines Road3317 Knoll Pines Road7341 Desert Willow Drive

Chris McCrone1012 Tallahassee Drive

DR Horton3205 Tamarack Lane5824 Longmont Drive4509 Green River Drive4513 Green River Drive3228 Tamarack Lane3209 Tamarack Lane4712 Shagbark Drive4801 Wasatch Drive

4801 Green River Drive4713 Green River Drive3109 Tamarack Lane3221 Tamarack Lane3113 Tamarack Lane4701 Green River Drive4717 Green River Drive4705 Green River Drive3220 Tamarack Lane3117 Tamarack Lane

DR Horton Texas LTD2508 Lighthouse Drive3321 El Dorado Drive3304 El Dorado Drive3309 El Dorado Drive3313 El Dorado Drive2801 Pioneer Drive

First Texas Homes6713 Edwards Road6501 Edwards Road

Habitat For Humanity415 Ruth St.

HMH Lifestyles LP2304 Bray Village Drive2100 Windsor Farms Drive

History Maker Homes2321 Eaton Place2312 Arrowhead Drive2313 Eaton Place

Innovation Builders3520 Tuscan Hills Circle3608 Tuscan Hills Circle9316 Amistad Lane5801 Tawakoni Drive5005 Thistle Hill3017 Montebello Drive9524 Havenway Drive

Robson Denton Dev. LP9512 Crestview Drive9404 Freeport Drive10120 Sandhurst Drive11625 Melrose Drive9909 Teakwood Ave.

Robson Ranch (GC)11900 Southerland Drive11509 Parkcrest Drive10105 Sandhurst Drive9704 Lindenwood Trail9117 Compton St.9813 Teakwood Ave.

Sandlin Homes5705 Millers Creek Drive5505 Balmorhea Drive

Microlending Servicing LLC, Microrending Servicing, 5055US Highway 377S, AubreyRoy Gene Graves, Roma Pizza, 928 S. Highway 377, Aubrey

76234American Trailer Solutions LLC, American Trailer SolutionsLLC, 351 Airport Road, DecaturAutozone Parts Inc., Autozone No. 3105, 1301 S. FM51,DecaturMelinda Smith, Yellow Rose Promotions, 140 GreathouseVillage, DecaturRicky G. Smith, SMG, 1025 County Road 4380, DecaturSummit Acquisition LLC, Baymont Inn & Suites Decatur,600 W. Hale Ave., Decatur

76249Arthur R. Burlison, Blue Gecko Pools, 5 W. Sharon Drive,Krum

Krumbles Bakery LLC, Krumbles Bakery LLC, 1541 E. McCartSt., Suite C, KrumShreeya Laxmi Inc., Johnny Joe's, 100 S. 1st St., Krum

76258Erica B. Riney, Creations By Erica, 12071 Joe Allen Road,Pilot Point

76259Rebecca L. McNeil, Texas Caribou, 11901 Hill Country Circle,Ponder

76266Automated Safety Hitch Inc., Automated Safety Hitch Inc.,910 W. Chapman Drive, SangerFire Injun Inc., Big Mommas, 303 Bolivar St., SangerJake's Performance LLC, Jake's Performance LLC, 902Utility Road, Suite 100, SangerNatalie Christine, Green Flowers By Natalie, 5894 StoneCreek Drive, SangerRachel Wiedeke and Jennifer Esquivel, Burlap & BarbedWire, 308 Bolivar St., Sanger

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 76227, 76234, 76249, 76258, 76259 and 76266.

SALES | CONTINUED FROM PAGE 21

Business MixersDenton Chamber of Commerce

Leadership Dentonclass members preparefor an Aug. 15 sessionwith the City Council.

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DENTON - CORPORATE400 N. Carroll Blvd.

940.591.1200

DENTON - SOUTH3301 Teasley Lane

940.383.6234

NORTHSTAR BANK MORTGAGENMLS #1168275

3111 Unicorn Lake Blvd., Suite 120 | Denton940.566.5363

Building a Brighter FutureIQ

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