January Denton Business Chronicle 2013 by Denton Media Company

2 Denton Business Chronicle

Jan. 2013

Career Advancements Physician assistant Laurie Mottl of Flower Mound joined the team at Health Services of North Texas on Nov. 1. Mottl earned her master’s in medical science at Midwestern Mottl University in Illinois in 2004. Health Services of North Texas provides affordable primary care for all Denton County residents including well-child checkups, immunizations, health and sports physicals, well-woman exams, chronic disease care, behavioral health and more. It is a member agency of the United Way of Denton County. The Denton office is located at 4310 Mesa Drive. For more information, call 940-387-5788 or visit www.healthntx.org. I Corinth resident Charles Fletcher, founder and CEO of SpiritHorse Therapeutic Riding Center, was named a 2012 Purpose Prize Fellow. The prize was granted to Fletcher Fletcher by Encore.org, which recognizes people more than 60 years of age who are changing the world. Encore.org is a nonprofit organization dedicated to building a movement to make it easier for millions of people to pursue second acts for the greater good, according to its website. Fletcher was named a fellow because of his innovative and philanthropic work in equine therapy, a news release said. Since the founding of SpiritHorse International — then SpiritHorse Therapeutic Riding Center) — in 2001, Fletcher has developed a research-based equine-assisted health care program to aid children and adults with a variety of special needs. The services are provided entirely free of charge to more than 400 children and adults in Corinth. Fletcher has also developed this program internationally,

training and certifying 495 instructors and 80 SpiritHorse centers worldwide, thus reaching thousands of children and adults with disabilities through his work, the release said. Fletcher said in the release that he was honored to be a fellow and join many who “put others before themselves.” The John Templeton Foundation and the Atlantic Philanthropies fund the Purpose Prize program. Fletcher was recognized among more than 300 Purpose Prize winners and fellows nationwide, according to the nonprofit’s website. SpiritHorse Therapy Center is located at 1960 Post Oak Drive. For more information, visit www.spirithorsetherapy.com. I Ren Galindo, an exclusive agent for Allstate Insurance, has opened a new office at 214 S. Bell Ave., Suite 1104. Galindo has more than 10 years of insurance experience, a news release said. The full-service agency will sell auto, property, life, annuities and financial services. Business hours are 8 a.m. to 5 p.m. Monday, Wednesday and Friday, and 9 a.m. to 6 p.m. Tuesday and Thursday. He can be reached at 940380-2965. I Texas Health Resources announced Dr. Daniel Varga was named chief clinical officer and senior vice president of the health system, effective Jan. 14. Varga will be responsible for achieving full and seamless integration of the entire Texas Health clinical enterprise, including quality, patient safety and patient experience initiatives, according to a news release. He will also oversee physician relationships, clinical integration, care design and clinical research and education. With Barclay Berdan, the system’s chief operations officer and senior executive vice president, Varga will share the responsibility of executing the next phase of Texas Health’s 10-year strategic plan, launched in 2007.

Varga has 24 years of experience in patient practice, medical education and health care administration. He served in a number of senior clinical leadership roles in large health care organizations, most recently as the chief clinical officer at KentuckyOne Health, the state’s largest health system, the release said. Varga received his bachelor’s degree at the University of Kentucky and his medical education at the University of Louisville. He is board certified in internal medicine. Texas Health Resources is one of the largest faith-based, nonprofit health systems in the U.S. Twenty-five acute care and shortstay hospitals are owned or operated by, joint-ventured or affiliated with Texas Health Resources. I Last month, Achievers Gymnastics Center announced Charity Corbitt would lead and direct the center’s Kids Play Day program. The post was previously held by Rebecca Corbitt Lapio, who recently resigned, according to a news release. Corbitt received her teaching degree from Texas A&M University and served as a preschool director for the past eight years. The Kids Play Day program is a “mother’s day out” program that offers both learning and play in a safe and caring environment. The program runs from September through May, following the Denton school district calendar. I Primrose School of Castle Hills, owned by Tom and Priscilla Chow of Carrollton, was among three schools selected to receive the Primrose President’s Award, which recognizes the top Primrose Schools franchise owners. The Chows, who have owned their franchise since 2004, were | CONTINUED ON PAGE 7

Monthly News Recaps 12-1

Animal shelter wins sixth in challenge The Denton Animal Shelter Foundation was voted sixth in the nation for adopting out 1,532 animals within a threemonth period. The foundation, a nonprofit volunteer group founded in 2006, entered the Denton Animal Shelter into the Rachael Ray Adoption Challenge earlier in 2012 to increase adoptions at the shelter, located at 300 S. Woodrow Lane. While it didn’t win the grand prize of $100,000 taken by San Antonio, Denton will receive a $5,000 grant for meeting the challenge’s goal of increasing adoptions by more than 300 in the three-month period — Aug. 1 through Oct. 31 — set by the American Society for the Prevention of Cruelty to Animals. 12-2

Businesses make best places to work for list For the fifth year, DATCU and Northstar Bank of Texas made the coveted 2013 Best Companies to Work for in Texas list. The program identifies, recognizes and honors the 100 best places of employment in the state. Created in 2006, the list is a project of Texas Monthly magazine, the Texas Association of Business, the Texas State Council of the Society for Human Resource Management and Best Companies Group. I

Tanning salons raise money for fundraiser Palm Beach Tan salons nationwide participated in St. Jude Children’s Research Hospital’s annual “Pin Up a Pumpkin” fundraiser. The 286 participating salons raised a total of $86,000, which will be donated to St. Jude this month.

The two Denton tanning salons raised an average of $251. I

Organic produce store opens in Denton Great Earthwise, a storefront that sells locally grown and organic produce, opened its doors at 728 N. Elm St. Ryan Crocker and his wife, Christina Trevino, opened the Earthwise Gardens’ storefront in November. The store offers local, seasonal organic produce, naturally raised grass-fed beef, pastured pork and poultry, cheeses and fresh eggs. For more information, call 940-442-1397. 12-4

Council hears airport’s name change proposal The Denton City Council heard a briefing from Quentin Hix, the city’s director of aviation, that included a proposal to change the Denton Airport’s name to “Denton Enterprise Airport” and fund an estimated $350,000 in public improvements. Hix also sought the council’s feedback on proposed public/private partnership investment guidelines. The recommendation to change the airport’s name came from a special task force appointed by the council to help implement the airport’s twoyear-old business plan. Other materials would accompany the proposed change, including a new logo and other materials to help brand and market the airport. The airport code associated with the Denton Airport, DTO, is assigned by the Federal Aviation Administration and would not change, Hix said. Ultimately, the City Council would have to approve any such project, Hix said. However, guidelines would help the staff

| CONTINUED ON PAGE 15

Contents |

January 2013

Calendar of Events Altrusa International Inc. of Denton meets for its monthly dinner and program at Vigne Wine Shop & Deli, 222 W. Hickory St. Cost is $10 per person. Call 940-387-5031 for reservations or visit www.altrusadenton.org. Tuesday, Jan. 22, 6:30 p.m.

American Association of University Women, Denton Branch meets at Texas Woman’s University, Stoddard Hall, Room 402. Call 940-898-3797. Visit www.aawdenton.org or e-mail scompton aauw@gmail.com. Wednesday, Feb. 6, 6 p.m.

Aubrey 380 Area Chamber of Commerce meets at the Prairie House Restaurant at 10001 E. U.S. Highway 380 in Cross Roads. Cost is $12 per person, reservations required. Call 940365-9781 or e-mail chamber@ aubreycoc.org.

Hickory Creek Planning and Zoning Commission meets at Hickory Creek Town Hall, 1075 Ronald Reagan Ave. Wednesday, Feb. 6, 7 p.m.

Investment Perspective Seminar hosted by financial adviser Kathy R. Bauer of Edward Jones at 2925 Country Club Road, Suite 101A, in Denton. Coffee is complimentary. Call 940-482-0280 Thursday, Jan. 17, 9 a.m. Thursday, Feb. 21, 9 a.m.

Lake Cities Netweavers business networking group meets at the IHOP restaurant off Interstate 35E in Hickory Creek. Cost is $12 and includes breakfast. For more information e-mail info@ lcnetweavers.com. Thursday, Jan. 24, 8 a.m.

January 2013 | Vol. 8, No. 11 Publisher: Bill Patterson The contents of this free publication are copyrighted by Denton Publishing Company, 2008, a subsidiary of A.H. Belo Corp. (www.ahbelo.com, NYSE symbol: AHC), with all rights reserved. Reproduction or use, without permission, of editorial or graphic content in any manner is prohibited. Denton Business Chronicle is published monthly by Denton Publishing Company, 314 E. Hickory St., Denton, TX 76201. E-mail: drc@dentonrc.com

On the cover: A sign shows what’s opening in 2013 at the Rayzor Ranch Marketplace. Photo by Al Key

Denton Black Chamber of Commerce meets at the Denton Housing Authority, 1225 Wilson St. Tuesday, Feb. 12, 6 p.m.

Denton League of United Latin American Citizens No. 4366 meets at the Denton Senior Center, 509 N. Bell Ave. Saturday, Feb. 16, 9:30 a.m.

Denton Planning and Zoning Commission meets in the council chambers at City Hall, 215 E. McKinney St. Wednesday, Jan. 23, 6:30 p.m. Wednesday, Feb. 13, 6:30 p.m.

Flower Mound Chamber of Commerce will host a Marketing 101 Seminar at 700 Parker Square, Suite 100. Cost is $30 for members and $40 for non-members. Seating is limited to the first 20 paid reservations. RSVP is needed to k.heslep@flowermound chamber.com. Wednesday, Feb. 20, 9 a.m.

North Texas Society for Human Resource Management meets at Holiday Inn Hotel and Suites, 1434 Centre Place Drive in Denton. Cost to attend is $18 for members and first-time guests and $23 for returning nonmembers. Visit www.northtexas shrm.org. Thursday, Jan. 24, 11:30 a.m.

SCORE, the Service Corps of Retired Executives offers free management counseling for prospective new business owners or existing business in trouble. Confidential, one-hour counseling sessions are available by appointment every Wednesday at South Branch Library in Denton, 3228 Teasley Lane. Call 940-349-8752 to make an appointment.

Thursday, Jan. 31, 8 a.m.

Wednesday, Jan. 23, 9 a.m.

Thursday, Feb. 7, 8 a.m.

Wednesday, Jan. 30, 9 a.m.

Thursday, Feb. 14, 8 a.m.

Wednesday, Feb. 6, 9 a.m. Wednesday, Feb. 13, 9 a.m.

Wednesday, Feb. 20, 11:30 a.m.

Index

Lake Dallas 4A Economic Development Corp. meets at Lake Dallas Municipal Complex, 212 Main St. Monday, Feb. 4, 7 p.m.

Lake Dallas 4B Community Development Corp. meets at Lake Dallas Municipal Complex, 212 Main St.

Small Business Breakfast meeting sponsored by the North Central Texas College Small Business Development Center at the Denton Chamber of Commerce, 414 Parkway St. A light breakfast is provided. Call 940-3801849. Tuesday, Feb. 12, 7:15 a.m.

Monday, Feb. 11, 7 p.m.

Lewisville Chamber of Commerce LEADS Power Networking meets at 2300 Highland Village, Suite 900 in Highland Village. The event is free. For more information, contact Christine Foppiano via e-mail at Christine@ lewisvillechamber.org. Friday, Jan. 25, 7:45 a.m.

Women Business Owners of Denton County will hold its monthly luncheon at Oakmont Country Club, 1200 Clubhouse Drive in Corinth. Tuesday, Feb. 5, 11:30 a.m. Please tell us about your event or meeting by e-mailing Karina Ramírez at kramirez@dentonrc.com; by fax at

Friday, Feb. 1, 7:45 a.m.

940-566-6888; or by mail to DBC

Friday, Feb. 8, 7:45 a.m.

Calendar, Denton Record-Chronicle,

Friday, Feb. 15, 7:45 a.m.

314 E. Hickory St., Denton, TX 76201. She also can be reached at 940-566-

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

6878.

Thursday, Feb. 14, 7 p.m.

Who to contact Dawn Cobb Managing Editor 940-566-6879 | dcobb@dentonrc.com Sandra Hammond Advertising Director 940-566-6820 | shammond@dentonrc.com

Shawn Reneau Advertising Manager 940-566-6843 | sreneau@dentonrc.com

Check out the Denton Business Chronicle online at dentonrc.com/businesschronicle

Denton Business Chronicle

Jan. 2013

4 Denton Business Chronicle

Jan. 2013

Enterprising Voices

Revisiting Range Bound Markets “We expect boom-bust cycles of greed and fear to continue for several years. The market is likely to be range-bound, exhibiting powerful rallies and sharp corrections along the way, but with little net movement overall. In such a market, passive ‘buy and hold’ investment strategies that flourished in the bull market of the 1980s and 1990s would languish.” — This column “Prospering in Range-Bound Markets”, July 2011

hen we penned the above-quoted article in July 2011, the S&P 500 index stood at 1,350 and the Dow Jones Industrial Average hovered near 12,700. In the 18 months since, these market indices have only netted a couple percent. But as if to prove our article’s point, this period witnessed four powerful corrections and rallies, with

Jonathon FITE | market swings as big as 25 percent! As value investors, our focus is on finding great companies trading at bargain prices, not prognosticating about markets. But our — so far, accurate — view that markets would be range-bound was shaped by the recognition that financial markets are being battered by two powerful but opposing forces: aggressively inflationary policies being pursued by governments and central banks keen to “stimulate” the economy, vs. the deflationary overhang of massive

debts owed by individuals, corporations, and nations. This article continues that discussion and its implications for investment strategy. The willingness of our Federal Reserve to execute this war on savers by artificially suppressing interest rates through continuous money printing has been quite shocking. As we have noted in past columns, high quality world-dominating dividend growers have definitely caught a bid in this age of zerorate-interest-policies (ZIRP) by the Fed. But they are not alone in these efforts. Coordinated policies by the Fed, the European Central Bank, the Bank of Japan, The Bank of England and the Chinese Politburo have unleashed a tsunami of Dollars, Yen, Euros, Pounds and Yuan into the marketplace. It seems clear that these policy makers are unwilling to force poorly capitalized

entities — be they individual, corporate, or sovereign — to take the hard medicine of paying for their debt-fueled binge of the 2000s. Instead, governments the world over appear to be on the same page: we’re going to print away all that debt and debase our currencies. Recently we reviewed some data compiled by Van Hoisington, a very successful bond manager out of Austin. Given, he is a bond manager, so he may be talking his book. But his observations were striking. Like us, he believes the world is bogged down in debt and it takes a long time for this to correct. He points to numerous studies that show debt overhangs translate into “soggy interest rates and flaccid economic growth that last an average of 23 years across the 26 episodes studied. Large governments funded by massive indebtedness squat over their

economies and stunt their growth. Such barely breathing markets exhale low interest rates”. Twenty-three years! The war on savers could march on for quite a while yet. Holders of cash, CDs, money market accounts and bonds will see near-zero yields for a while. Adjusted for inflation, such fixed income assets will likely lose much purchasing power. That is worrisome indeed as we are only five years into this escapade. We do not subscribe whole-heartedly to Hoisington’s points of view. But based on the actions of the policy makers at large, it is clear we’re far from out of the woods. Eventually, the liquidity-spiked punch bowl will have to be taken away and the inflationary hangover could be severe. In the meantime, our view is that markets have a high likelihood of being range-bound over the next 5-10 years. It would not shock us at all to see another 40-50 percent sell off FITE | CONTINUED ON PAGE 17

Title insurance: what it is and what it isn’t A

n extremely high percentage of real estate sales and financing transactions involve the issuance of a title insurance policy of some type. In dealing with clients in residential or commercial transactions, I have found that most consumers of title insurance products do not fully understand what title insurance is, why they acquire it, and what benefits are conferred upon the insured in the event of a title defect. This article will address some common misconceptions about title insurance and explain what it is and what it isn’t. Title insurance is an American idea. It is a contract of indemnity, which is predominantly used in the U.S. to insure a property owner or lender from defects in title, which may affect the owner’s or lender’s interest in a particular parcel of real

Scott ALAGOOD | estate. There are two primary components of title insurance. First, it provides the insured an attorney — and other costs of “defense” — to represent the insured and the insured’s interest in the property which may be under legal attack. Secondly, in the event that the insured actually sustains a covered loss, title insurance will remedy the problem, reinsure the risk or compensate the insured for any damages sustained therefrom. Prior to title insurance being

readily available, owners, potential buyers, and lenders had to rely upon title abstracts in order to know or understand what interest they had — or were acquiring — in a particular parcel of real estate. An abstract of title was simply a summary of the relevant documents which had been filed of record through the date of inquiry and which may have some effect on the title to the subject property. Most of the time an abstract would include or reference the particular documents affecting title and the recording information of the documents. It was up to the owner, potential buyer or lender to review the abstract and determine for itself whether the interest conveyed or to be conveyed was acceptable. However, a title abstract in and of itself provided the intended user with little or no remedy in the event it was

not correct. Sellers, buyers, and lenders had to allocate the responsibility for any undisclosed title defects through the warranties contained in the deed or the security agreements. Title insurance typically insures fee simple ownership in real property or the priority of the lender’s lien with respect to the property secured by such lien. However, other incidents of real estate ownership may be insured, such as easements, leases or life estates. With the proliferation of oil and gas production in urban areas over the past 20 years, newer title insurance policies typically will not insure title to the mineral estate of real property. However, there are certain endorsements that may be obtained to insure certain types of surface improvements against interference from the mineral estate.

There are two basic types of title insurance policies. One type of policy insures the owner of the real property against certain title defects (owner’s policy). The other type of policy insures a lender’s interest in real property, which is securing the repayment of a loan (mortgagee’s policy). Most lenders require the owner or borrower to purchase the mortgagee’s policy of title insurance for the lender as a condition of making any loan secured by real property. However, the acquisition of an owner’s policy of title insurance is simply a matter of choice on the part of the owner or potential buyer of real property. While some folks believe that it is customary for the seller to pay for the owner’s policy premium, the payment of the owner’s policy is subject to

ALAGOOD | CONTINUED ON PAGE 10

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“DIVORCING WITHOUT DISASTER”

Denton Business Chronicle

War stories always involve a war. A nasty divorce resolved by a courthouse showdown can destroy the family, the family’s estate and the family’s business. Sit down with any experienced family law trial lawyer and they will be able to tell you “war stories” of courtroom shootouts where a warring family ended up destroying the very estate they were trying to divide. The worst of these divorce war stories may end with a business or personal bankruptcy. When a divorce becomes a “war” there are many casualties.

Collaborative divorce – divide without destruction. There is a better way for families to make decisions regarding their children and divide their estate in a divorce. That better way is called a collaborative law divorce. In a collaborative law divorce, the parties opt to stay out of the courthouse and focus on solving problems through business-like negotiations versus assessing blame for problems in adversarial litigation. The collaborative process is a legally recognized process, and is used in other types of litigation, not just divorce cases. Overview of the collaborative process. The collaborative process is a solutionoriented settlement process that is both family friendly and business friendly. In the collaborative law process the parties and their lawyers sign a written agreement with five key components: (1.) A commitment to settle if possible without going to court; (2.) A commitment to the full disclosure of financial and other information so that informed settlement decisions can be made; (3.) A commitment to focus on the future and solving problems instead of assessing blame and rehashing old marital arguments; (4.) A commitment to use jointly selected neutral experts when valuation, tax or accounting experts are needed or if specialized experts are needed to resolve issues concerning the children; and (5.) A commitment from the lawyers that they cannot and will not represent the parties in a courthouse battle if the process breaks down. Legally a divorce is either a collaborative divorce or it is not. A collaborative divorce is a confidential divorce. The collaborative process uses a “team” approach to solve problems. The collaborative process uses a “team” approach to solve problems. In addition to a business like step-by-step approach to dispute resolution, the collaborative process also often takes a “team” approach. In many collaborative cases in addition to the parties and their two attorneys, the parties will jointly employ a neutral mental health professional and a neutral financial professional to help the parties agree on a parenting plan and to identify the estate. These professionals are vital to the success of the collaborative divorce process. Under the team approach a neutral mental health professional serves as a “communi-

cations facilitator” and “runs” the meetings. A neutral financial professional serves as a neutral financial expert for the document gathering and identification of the estate. The usual role of the neutral mental health professional is to manage the emotional issues of the case, keep the parties and lawyers communicating constructively and help the parties work through issues

involving their children or other emotionally charged situations.

The usual role of the neutral financial expert is to gather, analyze and explain financial and tax information, and prepare inventories, spreadsheets, budgets, income and expense projections and other similar financial tools. Additionally, financial professionals assist the parties in evaluating the short and long term financial effects of settlement options and help generate financial solutions and settlement options. Collaborative neutrals help settle cases. Because the mental health and financial professionals used in the collaborative process are neutrals, they provide the negotiating process with a neutral voice

throughout the process. Many times a solution can be seen or suggested by a neutral that cannot be seen by the parties who are engrossed in their own perspectives and positions. Additionally, sometimes a suggestion for resolving the dispute can be more easily heard by the parties when it comes from a neutral voice rather than one of the parties or their lawyers. Having neutral professionals as part of the collaborative process is what allows conflict between the parties to be resolved constructively. As opposed to adversarial divorces, a collaborative divorce involving neutral professionals provides a constructive place for conflict between the parties to be identified, managed and handled.

Benefits of the collaborative process. There can be many benefits to working through a difficult divorce in the collaborative process. Benefits of the collaborative process include: • Dividing the estate of the family in a way that does not destroy the source of the estate or the family members in the process. • Providing the parties and their business with a more private and confidential atmosphere than the traditional litigation process. • Helping the parties reach financial solutions that are thoughtfully custom-crafted to meet the needs of the family versus a “one-size fits all” approach. • Legal fees and professional expenses are more efficiently used, fees are spent solely on settlement efforts and not on procedural, evidentiary and other legal technicalities required in the litigation process – the process is far less expensive than contested litigation. Charla H. Bradshaw • Settlement conferences and meetings are scheduled when convenient for the parties Family Law Attorney instead of being centered around the lawyers schedule and the court’s busy docket. • The collaborative process is less disruptive to the businessperson and their staff, clients and investors. • The process can take weeks or months to Collaborative law uses a “road map” to solve problems. accomplish a resolution versus years in the When the parties work in the collaborative process, they litigation process. The parties are in charge of when their follow a problem solving method from the business world divorce is over. called interest-based negotiations that provides a “road The process can help parents carefully craft map” to resolution. The “road map” guides the parties parenting plans to meet the unique needs of the family instead of relying on “cookie cutter” through a logical step-by-step process that is designed standard schedule. to increase the chances of settlement and decrease • The parties are much less likely to cause the chances of emotional blow-ups that often result in irreparable damage to family and business relationships than in contested litigation. families tearing each other apart at the courthouse. In a

nutshell this “road map” involves five basic steps: (1.) An explanation of the ground rules for the process and the signing of a written collaborative law participation agreement; (2.) Determining what the parties’ shared and competing goals, interests and concerns are about the divorce, the business, the children and the division of property; (3.) Gathering, evaluating and sharing the necessary financial documentation and other information necessary to make informed choices about settlement; (4.) Brainstorming possible options and solutions to the parties’ disputes concerning their property or children; and (5.) Evaluating the available options and solutions, and selecting the options and solutions that meet as many of the parties’ shared and competing goals as possible under the circumstances.

ABOUT KOONSFULLER KoonsFuller, P.C. is the largest Southwest-based family law firm in four North Texas locations – Dallas, Southlake, Plano and Denton. For more information, visit www.koonsfuller.com

www.KoonsFuller.com AP

Jan. 2013

Denton Business Chronicle

Jan. 2013

Business Mixers

Denton Business Chronicle

Women in Commerce Conference The Women in Commerce fall conference took place Nov. 9 at Texas Womanâ&#x20AC;&#x2122;s Universityâ&#x20AC;&#x2122;s Hubbard Hall.

Jan. 2013 Cindy Kleckner

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selected out of more than 240 Primrose Schools nationwide for the award for their passion, professionalism and commitment to the Carrollton-area community, according to a news release. For more information, visit www.primroseschools.com. I Denton County Transportation Authority President Jim Cline and Denton County Commissioner Bobbie Mitchell were recently appointed to the North Texas Cline Commission Board of Directors. Former Fort Worth Mayor Mike Moncrief was named board chairman, a news release said.

The North Texas Commission is a regional nonprofit consortium of businesses, cities, counties, chambers of commerce, economic development Mitchell entities and higher education institutions in the North Texas region. I Last month, the Good Samaritan Society â&#x20AC;&#x201D; North Texas Home Health announced that Denton resident Liselle H. Trevino became its new director. Trevino has Trevino served with the societyâ&#x20AC;&#x2122;s Denton Village as director of social services for

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â&#x2DC;&#x2026;â&#x2DC;&#x2026;â&#x2DC;&#x2026;â&#x2DC;&#x2026;â&#x2DC;&#x2026; almost five years and prior to that worked in hospice care, a news release said. Trevino said in a statement that she was honored and privileged to work for Good Samaritan. Trevino earned her bachelorâ&#x20AC;&#x2122;s degree in social work from Texas Womanâ&#x20AC;&#x2122;s University and has several years of experience in her profession working with the geriatric population. The home health office is now at a new location, 1007 Shady Oaks, Suite 101. The organization has been serving North Texas clients from ages 18 to 100-plus, accepting Medicare, private insurance and private pay. For more information, call 940-591-0886 or e-mail ltrevin1@good-sam.com.

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Business Mixers Denton Chamber Business Networking Pat Smith spoke to members of the Denton Chamber of Commerce during the Business Networking Lunch held Dec. 7 at the Holiday Inn. The topic of discussion was titled, â&#x20AC;&#x153;Age Well, Live Well.â&#x20AC;?

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Ciciâ&#x20AC;&#x2122;s Pizza The CiCiâ&#x20AC;&#x2122;s Pizza on South Loop 288 was recently recognized by the American Red Cross Denton Branch for supporting the organization in 2012. CiCiâ&#x20AC;&#x2122;s owner Robert Garriot and Chris Sipriano, manager of the location, accepted the recognition.

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Enterprising Voices

projects heading into 2013. On a brighter note, we have seen projects that we worked on in the past year or two come to fruition. Here are a few: I Peerless manufacturing broke ground on its new $9 million, 80,000 square-foot facility expandable to 487,000 square feet. Peerless plans to employ 160. I Labinal is in the process of occupying an existing 180,000square-foot facility to move its 700-employee operation from Corinth.

I The Target Corporation is nearing completion of its 400,000-square-foot state-ofthe-art distribution facility for its perishable and frozen foods. Target plans to begin operations in the new facility by the end of the first quarter of 2013. I Construction on the north side of Rayzor Ranch Town Center continues to near completion. Plans are to begin construction in this year on the south side of the 412 acre mixed-use development. I The Denton Airport Branding Task Force and the Denton Economic Development Partnership Board voted to recommend to the city council that the Denton airport be called the Denton Enterprise Airport with the branding tagline of “DFW access. Extraordinary business.” An anthem was also selected and is in the process for the city council’s approval.

I Seventy-three leads were received and three site visits were conducted. As the Denton Chamber’s economic development department is charged with marketing the city of Denton for business recruitment, we participated in the following activities to get Denton on real estate and site location consultants’ radars for future projects: I TexasOne exhibit at the Society of Automotive Engineers show in Detroit, Mich., where Peterbilt was featured in the booth. I North Texas Commission Aviation Marketing Committee booth at the National Business Aviation Association trade show in Las Vegas. I Denton exhibit at the North Texas Commercial Area Realtors show in Dallas. I Site Selector Guild conference in Orlando. I Met with five site location consultants from the following companies while in Colorado: McCallum Sweeney, KPMG, Foote Consulting Group,

Silverlode Consulting Group and Ernst & Young. I TexasOne Business Recruitment Mission to New York and met with the following site location companies: Ernst & Young, ADP, Atlas Insight, Ryan Construction, Cushman & Wakefield and Grubb & Ellis. I Met with six site location consultants from the following companies while in Florida: Hickey & Associates, Ginovus, Newmark Knight Frank, Chabin Concepts, OCO and CH2M. I The Chamber and city ED staff continue to work with DME on the marking of their proposed CHP plant. I look forward to the new opportunities that 2013 may hold for economic development in Denton. In the meantime, we will continue to push forward by working with existing businesses and with consultants to get Denton’s awesome story out. KAREN DICKSON is vice president of economic development for the Denton Chamber of Commerce. She can be reached at vp@dentonedp.com.

Association (ALTA), which is a national trade association of title insurance underwriters and agents. The primary state trade association in Texas is the Texas Land Title Association (TLTA). While the TLTA is a private organization and has no legislative authority, the recommendations and input from TLTA are given great weight in the regulation of title insurance in Texas. So, how does title insurance differ from an abstract of title? For one, the sole purpose of an abstract of title is to conduct a diligent and thorough search of the applicable public records and to examine the state of title to a particular parcel of real estate based upon such inquiry. The duties and liabilities of the abstractor depend on conducting such search and examination in accordance with certain industry standards and in a nonnegligent manner. To the contrary, a title insurance company is not a title abstractor and owes no duty to examine title. Its sole

purpose is to provide the contractual indemnities and legal defense to insure against certain promulgated and/or express title defects. While examination of title is implicit in the business of issuing a sound title insurance policy, such policy does not guarantee that the state of title as reflected in the policy is correct. Rather, if the insured finds itself facing possible litigation or has been damaged as a result of a defect which is insured under the policy, then the issuer of such policy becomes liable thereunder to provide the insured with a defense and either resolve the defect, reinsure the risk, or pay for any damages resulting therefrom. Title insurance effectively takes the place of the owner, buyer or lender having to prosecute a legal claim on its own and at its sole cost and expense under the contractual warranties contained in the deed or security documents. By acquiring a policy of insurance, certain risks

associated with a property’s title may be shifted to the title insurance carrier from the owner or lender. While title insurance is a very cost-effective manner of shifting title risk, it certainly doesn’t cover all risks of ownership or lending associated with real estate. First, the amount of insurance is limited to the face amount of the policy. Typically, the face amount of the policy will be limited to the purchase price, fair market value of the property — and any improvements — at the time the policy was issued — or if later improved, at such date — or for a mortgagee’s policy, the loan amount. Also, title insurance underwriters are in business to make a profit. As such, the underwriters take extreme precaution to ensure that the risks they insure against are limited to those mandated by state law, and are sometimes reluctant to insure beyond what is minimally required by law or regulation.

Similarly, all title insurance policies in Texas do not insure against certain predetermined risks. These risks, which are set out in the policy, are better known as exclusions. Additionally, following the title examination of the particular parcel of real estate, the policy will include specific exceptions to coverage, which are either found of record or otherwise allowed by the Texas title insurance regulations. In order for coverage to exist, the particular type of title defect encountered must fall within the policy’s terms — and not be excluded — and not have been expressly “excepted” to in a policy schedule. In certain situations, policy exception deletions or insuring around endorsements — sometimes known in ALTA States as “express insurance” — may be obtained by paying an additional premium to remove all or part of an

A look back at 2012 A

s I look back at our economic development activity in 2012, it was a slower than usual year for us. I attribute that to two reasons: One, during a presidential election year, projects typically slow down until after inauguration day, coupled with worries about the “fiscal cliff” and two, Denton doesn’t have the existing building space large enough to meet companies’ requested needs. As a result of the economic downturn a few years ago, capital for projects has become more difficult to attain. Therefore, more companies are eager to purchase existing buildings rather than build new ones. According to the leads our office received in this last fiscal year, the average square footage requested is 200,430. Until developers are willing to build more industrial spec space in Denton, I’m afraid we may continue to qualify for fewer large

ALAGOOD | CONTINUED FROM PAGE 4

negotiation in the sales contract and is typically a function of the price being paid for the property. Other good news for the owner/buyer/borrower is that the issuance of a Texas mortgagee’s policy in connection with the issuance of a Texas owner’s policy only costs an additional $100. The Texas Department of Insurance is authorized to regulate title insurance in Texas as codified in the Texas Title Insurance Act (Tex. Ins. Code Section 2501.001 et seq.). The Texas State Board of Insurance approves insuring forms, premium rate rules, and procedural rules for the title insurance industry in Texas. Texas title insurance is different than the overwhelming majority of jurisdictions in the United States in this fashion. Most other jurisdictions have adopted the forms and rules promulgated by the American Land Title

Karen DICKSON |

ALAGOOD | CONTINUED ON PAGE 19

Enterprising Voices

Chuck CARPENTER | Specialties. Larry is a graduate of Leadership Denton. He serves on the Denton Chamber board and executive committee, heading the Membership Development Division. He also heads the Denton Main Street Association. Nominations are primarily based on an individual’s business-related accomplishments as of Dec. 31, 2012, and may include a combination of comparable growth indices, innovation and the ability to overcome

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Award to be presented at chamber luncheon e will present the 27th Small Business of the Year award Feb. 22 during the next Denton Chamber of Commerce membership luncheon. The award is an annual project sponsored by the chamber’s Small Business Initiatives Committee, chaired by Kim Pollard, owner of Bookkeeper Girl. Nomination forms for potential award recipients for the calendar year ending Dec. 31, 2012 have been distributed to the general membership via Constant Contact. Nearly 75 percent of the chamber’s current membership accounts employ fewer than five full-time employees, corroborating the spirit of this recognition as a testament to the free enterprise system. The 2011 award was presented to Larry and Tonya Parker, the coowners of Denton Depot Ad

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adverse circumstances. Potential nominees should own and/or manage a business in the Denton trade area for no less than two years. The differentiating criteria typically includes growth comparisons, facilities expansion or improvements, management techniques, innovative merchandising and/or marketing practices that help set the nominee apart from his or her competition. The membership luncheon will be held at the Holiday Inn, and is being sponsored by Texas Health Presbyterian Hospital. Tickets will be available soon. Contact the chamber office, 940-382-9693, for more information.

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12 Denton Business Chronicle

Jan. 2013

Cover Story

A look at what’s to come in 2013 By Rachel Mehlhaff | Photography by Al Key

Denton has a lot to look forward to as the new year begins: Rayzor Ranch, Golden Triangle Mall is getting a facelift, the Target Distribution Center will open, adding new jobs, and a couple of projects may be revived. And while new development is expected to be slow, the city is working to put the infrastructure in place to attract new developers in the future. On Dec. 18, the Denton City Council approved the creation of a tax-increment reinvestment zone (TIRZ) to pay for the infrastructure improvement of 800 acres north of Airport Road. According to the agenda item, Denton County will pay into the tax increment fund 40 percent of the property tax collected by the county for the year. The city will also pay 40 percent of the property taxes collected in the area to go to the zone. “Projects have really been kind of slow,” said Karen Dickson, vice president of economic development for the Denton Chamber of Commerce. “We haven’t been able to respond to a lot. We’ve been able

to respond to some but not as many as we’d like to.” The proposed projects include $8 million for streets, $5 million for utilities and drainage, and $1.3 million to support industrial projects. The TIRZ will help the city bring more projects to Denton, Dickson said, adding that new developers don’t want to move into an area that doesn’t have this basic infrastructure in place. Developers want property that is “shovel ready,” she said. “That’s what we’re actively working toward,” she said. “That’s just another tool in our economic development toolbox to be competitive.” Because of a lack of large buildings, the city has had to turn down certain projects, she said. “I feel like we’re going to have to continue to turn down projects, like we’ve been doing,”

Dickson said. Dickson said her job is to talk with developers and plant seeds for the future growth in Denton. She said it can take two or three years before a developer calls after their initial discussions. “Nothing happens fast in economic development,” she said. “But you have to be ready for it; you have to be prepared for it to remain competitive.” While the addition of new projects may be slow, the city has many projects — some that have been dormant for years — moving forward. MOVING FORWARD The city is hopeful that RED Development will be breaking ground this year on the south side of the Rayzor Ranch development, which is being called the Town Center, Dickson said. The Town Center, located across U.S. Highway 380 from

the Marketplace, has been on hold since 2007. At the end of 2012, the Arizona-based shopping center developer announced the revival of the Town Center with the coming of Dillard’s. In 2013, the Rayzor Ranch development expects to keep up the momentum it gained from that announcement. “The announcement of Dillard’s is the first major step in moving Town Center forward,” Robyn Young, a spokeswoman with RED Development, said in an e-mail, adding that it will set the pace to attract other retailers. The developer has not announced when construction will begin. There is already a Dillard’s at Golden Triangle Mall on Loop 288. Officials with both entities are not sure whether the retailer will open two stores in Denton. Across U.S. Highway 380 at the Marketplace, RED Development announced the coming of several new retailers in 2013 to join Sam’s Club and Wal-Mart, including Kohl’s, Famous Footwear, Jo-Ann Fabric and Craft and Petco. The stores are expected to

open in the spring, Young said. “We will be announcing new national, regional and local retail and dining destinations for Rayzor Ranch Marketplace throughout the year as new stores are opening and we expect to make many more exciting retail and restaurant announcements in the months ahead,” she said. While RED Development won’t confirm that Ross Dress for Less will be going into the Marketplace in the spring along with the other retailers announced, there are signs up on Rayzor Ranch property announcing its arrival in 2013. “Ross is a fantastic retailer and we would welcome them at Rayzor Ranch Marketplace if they were interested in joining the project,” Young said in response to a question about the signage up at the Marketplace. “If you would like to learn more about any new stores that Ross is planning, I invite you to contact them directly as we are unable to speak for them.” Ross Stores Inc. could not be reached for comment. Several smaller retail shops and restaurants opened in 2012 at the Marketplace, including

The new Target distribution center is located off Airport Road in Denton.

AT&T Mobility, Cowboy Chicken, Denton Regional Medical Center, General Nutrition Corporation (GNC), Mooyah Burgers & Fries, Starbucks, Sports Clips, Sprint, Top That! Pizza and Villa Grande Mexican Restaurant. Dickson said Rayzor Ranch estimated it would bring 4,000 jobs when it’s complete. WalMart and Sam’s Club have already brought many jobs and the retail stores being built in 2013 will add to that number, she said.

OPENING A DISTRIBUTION CENTER Another highly anticipated addition to Denton will be coming this spring. The Target Distribution Center, located at 3952 Corbin Road, will be a 366,000-squarefoot, state-of-the-art facility serving the majority of Target Corp. stores in Texas and Oklahoma. It sits on a 50-acre lot near the Denton Airport. It will have an automated system that can pack pallets with specific items needed for each store. The distribution center is expected to ship 577,000 cases per week. The center is joining other companies like Fastenal and Aldi Inc. that have brought new job opportunities to Denton in the past couple of years. The facility, which is doing the majority of its hiring this month, will add 170 jobs at maximum operations, including office per-

sonnel and a technologicallyskilled workforce. Target began adding distribution centers when it added more food products to many of its stores in 2009. Because of the rapid growth of its grocery business, the corporation added more food distribution centers. The new center will replace the Supervalu Inc. distribution center located in Fort Worth. Target received an estimated $1.7 million tax break over five years approved in 2010 by the Denton City Council. Natalie Moffitt, workforce development manager with Workforce Solutions of North Central Texas, said the addition of facilities, like the Target Distribution Center, is positive for the tax base. “It’s going to be incremental,” she said. “It will show up over a longer period of time.” She said the job skills required for a distribution center now are different than those required a decade or so ago. People, in general, are upgrading their skills for the changing job market, Moffitt said. GETTING A FACELIFT Golden Triangle Mall is moving forward with its renovations this year and plans to announce the food court restaurants early in the year. In 2012, the mall focused on renovating its interior but this year will be focused on the exterior. COMING SOON | CONTINUED ON PAGE 14

A sign for the Rayzor Ranch Marketplace stands at the development to show the businesses opening in 2013.

Denton Business Chronicle

Jan. 2013

TOP: A rendering of Golden Triangle Mall renovations provided by mall officials. MIDDLE LEFT: Construction continues on the building that will house Petco. MIDDLE RIGHT: The current entrance of Golden Triangle Mall on Loop 288. BOTTOM LEFT: Construction continues on Kohl's at Rayzor Ranch Marketplace in Denton.

14 Cover Story

Denton Business Chronicle

Jan. 2013

COMING SOON | CONTINUED FROM PAGE 13

Renovations kicked off in the spring several months after the mall was purchased by GTM Development Ltd., a limited partnership between Cencor Realty Services and MGHerring Group, an Arizona-based En Pertignus Holding Corp., a wholly owned subsidiary of JPMorgan Chase & Co. Construction crews updated the lighting and flooring in the 765,000-square-foot shopping center in 2012. They also renovated the center court, purchased a new Santa display and added new vendor carts. In 2013, the renovations will become more apparent from the outside. At the end of December, construction crews began demolition work on the space that was previously El Chico. The mall will be building that area into the parking lot with the food court, said Matt Ludemann, mall manager. It will also be rebuilding the entryway next to Barnes & Noble. The entrance and exit into the mall from Loop 288 will also get new signage. Mall officials are hoping the new look will be motivation for stores to stay. â&#x20AC;&#x153;We canâ&#x20AC;&#x2122;t control what an individual anchor decides to do,â&#x20AC;? Ludemann said. REVIVING PROJECTS Another project the city is hoping will move forward in 2013 is the proposed convention center and hotel. The proposed center at the former site of the Radisson Hotel had been dormant since 2009. But in 2012, the city received an unsolicited proposal from Missouri-based Oâ&#x20AC;&#x2122;Reilly Hospitality Management LLC. A preliminary agreement between the city, Oâ&#x20AC;&#x2122;Reilly and the University of North Texas shows city leaders paying for the $25 million convention center with city tax revenue from the project and lease payments from Oâ&#x20AC;&#x2122;Reilly. UNT owns the land. No final agreement has been reached. â&#x20AC;&#x153;There are just still some

terms that have to be negotiated with the developer and the city,â&#x20AC;? Dickson said. â&#x20AC;&#x153;Itâ&#x20AC;&#x2122;s moving along, slowly, but itâ&#x20AC;&#x2122;s moving.â&#x20AC;? Denton hoteliers expressed their concern about another hotel being added to Denton because of the already â&#x20AC;&#x153;fragileâ&#x20AC;? market, as they call it. About 1,000 of the 2,100 hotel rooms in Denton are empty every night, driving down earnings. The city declined the hoteliersâ&#x20AC;&#x2122; request to do another study of the hotel market before proceeding with the project. The city is also hoping another project that has been dormant since 2005 will be revived this year, Dickson said. In 2006, the Denton City Council annexed 3,406 acres where the Cole Ranch development is planned. Stratford Land of Dallas coowns the land with the Cole family. The company could not be reached for comment. The mixed-use development was projected to be built in four phases between 2008 and 2025, eventually including 12,000 homes, about 2,000 of which would be multifamily townhouses, according to a Denton Record-Chronicle story from 2006. The residential space would be clustered with retail stores, medical offices and community facilities. â&#x20AC;&#x153;Those plans may have changed,â&#x20AC;? Dickson said. UNEMPLOYMENT TRENDING DOWNWARD. Moffitt said unemployment rates are expected to continue to trend down in 2013. Workforce Solutions has done different surveys with employers that show many will hire in 2013, Moffitt said. Employers have been holding back because of the uncertainty with the fiscal cliff, she said. â&#x20AC;&#x153;Since Congress has released a deal, some of that has been alleviated for the time being,â&#x20AC;? Moffitt said. For Denton, healthcare continues to be a strong industry, Moffitt said.

There has been a decline in public sector jobs, she said. But jobs continue to be added to the private sector across the region. â&#x20AC;&#x153;As the economy does recover weâ&#x20AC;&#x2122;re seeing a growth in the housing market,â&#x20AC;? Moffitt said.

Staff Writer Peggy HeinkelWolfe contributed to the story. RACHEL MEHLHAFF can be reached at 940-566-6889. Her e-mail address is rmehlhaff@dentonrc.com.

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in negotiations. The guidelines would limit proposals to partners with a five-year track record, and for projects that have the potential for a 4.25 percent capital recovery rate over 20 years, in addition to bringing in a minimum of 25 percent to 50 percent additional cash in lease payments.

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Aldi grocery store coming to Denton Denton is expected to get an Aldi grocery store.. A “Coming Soon” sign went up at the corner of Karina Street and Loop 288.

Motorists will soon need to navigate around construction projects along University Drive, part of a larger state project to widen U.S. Highway 380 from Elm Street to the Wise County line. Construction is scheduled to begin this month or in February at the Wise County line and proceed east to give the city time to move utilities. Texas Sterling Construction will build the portion that runs from FM156 to Interstate 35, which is expected to cost about $39.3 million and take about three years to complete. 12-8

Texas Building’s interior gets gutted The Texas Building, located at 100 W. Oak St., had its interior gutted. The four-story, 24,000square-foot building now includes office space on all | CONTINUED ON PAGE 18

Jan. 2013

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16 Business Mixers

Denton Business Chronicle

Jan. 2013

Denton Chamber of Commerce On Dec. 5, 2012, the Denton Chamber of Commerce held a Holiday Open House titled, â&#x20AC;&#x153;Chrismavidadâ&#x20AC;? at the Hilton Garden Inn.

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Enterprising Voices FITE | CONTINUED FROM PAGE 4

sometime in this period, followed by another euphoric 80100 percent boom with lots of 5 percent, 10 percent and 20 percent swings along the way. This is why value-based allocations still make the most sense to us. As these swings occur, we must exploit opportunities presented when they are cheap. Inevitably though, there will be periods of ebullience, markets will run, and values will dim. In these periods, large cash positions should be built. This is not a buy-and-hold strategy. From 1982-2007 — with the major exception of the Internet bubble sell-off — it was a buyand-hold era. The babyboomers were in the peak earning years and plowing money into 401ks. Interest rates eased off their late-70s highs of near 20 percent and continuously fell to their lows today. Similarly, tax rates on income, dividends

and interest fell dramatically. The market had huge winds in its sails. All of those winds are reversed today. Boomers are retiring, pulling money out of their accounts to live on rather than plowing away 10 percent of their pre-tax income in the market. Based on November’s election, taxes are clearly going up. Eventually, interest rates will move up, too, and massive deficit spending programs will wane. These factors support our range-bound thesis over the next several years. Given the dynamism of the American culture and the unstoppable rise of a middle-class across several developing economies, these forces are likely to subside eventually. At some point, the merits of a pure buy-and-hold strategy may re-emerge. But we believe that day is a long way off.

hedge fund, and an adjunct professor with the College of Business at the University of North Texas and the University of Arkansas. This column is provided for general interest only and should not be construed as personal investment advice. Comments may be sent to Jonathon.Fite@ KMFInvestments.com.

Denton Business Chronicle

Jan. 2013

JONATHON FITE is a managing partner of KMF Investments, a Texas-based

18 Denton Business Chronicle

Jan. 2013

Monthly News Recaps The restaurant will cover around 2,379 square feet, while the offices of Verus Real Estate Advisors will take up another 3,300 square feet, officials say. I

| CONTINUED FROM PAGE 15

floors. Two restaurants are expected to move into the building next year. Of the 10 tenants that previously leased spaces at the Texas Building, five remain, including Bookkeeper Girl Inc., the Kelly Phillips’ Farmers Insurance Agency and the law firm of Jackson & Hagen, which has been a building tenant for more than 90 years.

Stores hold annual Christmas food drive

12-13

Participating Brookshire’s and Super 1 Foods stores held their 31st annual Spirit of Christmas Food Drive from Nov. 14 to Dec. 19. The grocery store partnered with the Denton Rotary Club to help collect and distribute nonperishable food to those who need assistance. I

12-9

Former Dallas Cowboy to open deli in Denton The Smiling Moose, a delistyle restaurant chain owned by former Dallas Cowboy Daryl Johnston, will open a franchise in the old Linwood-Alford Florist Building at the corner of Carroll Boulevard and Hickory Street in March.

the form of Capital Credit retirements this month. CoServ Electric has provided a total of $50 million in returned capital credit investments to its members since 2003, a news release said.

CoServ to return Capital Credit retirements CoServ Electric, a nonprofit cooperative, announced it is returning a record $10 million to current and former members in

Foundation gives nearly $200,000 in grants The Flow Health Care Foundation awarded nearly $200,000 in grants to 15 healthrelated organizations based throughout Denton County. Since 1994, the foundation has given grants to organizations that serve families who struggle to provide basic health care needs. To qualify for a grant, an organization must be nonpolitical, nonprofit and nonsectarian. The organization must also primarily serve Denton County consistent with the foundation’s

mission to provide affordable health care to residents. 12-16

Attorney moves business to larger space Leigh Hilton, an estate planning and elder law attorney, announced that her business has moved to a larger space at 924 N. Elm St. Her office used to be inside the Unicorn Lake Development at 2717 Wind River Lane. I

HUB certifications help businesses grow Historically Underutilized Business, or HUB, certifications can help minority- and womenowned businesses grow. Northern Denton County has 127 minority-owned and Historically Underutilized Businesses registered in the pro-

gram. Of the businesses listed, 78 are women-owned, two are owned by an Asian female, five are owned by an Asian male, 15 are owned by black males, eight are owned by black females, six are owned by Latina females and 11 businesses are owned by Latino males, according to data acquired from the HUB directory posted on the Texas Comptroller of Public Accounts website. No HUB businesses were listed in Shady Shores, Copper Canyon or Dish, according to the data. 12-18

GE locomotive plant brings jobs to Denton A few Denton County residents have already been hired to work at a new General Electric

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locomotive plant that’s set to begin production this month. The plant, which is about four miles south of Justin, is expected to produce about 250 to 300 locomotives a year and boost the local economy once it is open. GE officials estimated the $96 million plant, located just west of Texas Motor Speedway, employed about 500 since the

first of the year. The facility is then expected to hire another 260 employees by 2016. 12-19

Smoking ban makes exception for local bars Despite overwhelming public support for extending a proposed smoking ban to bars, the Denton

City Council bowed to pressure from local bar owners and adopted a smoking ban that left their businesses alone. Many calls and e-mails the city council received supported banning smoking in bars but local bar owners expressed concern about their businesses surviving the change. -Compiled from staff reports

Enterprising Voices

ALAGOOD | CONTINUED FROM PAGE 10

exception or to have a specific endorsement to the policy issued regardless of the exception. Examples of some commonly used insuring policy exception deletions and insuring around endorsements are the survey exception deletion (Schedule B, Item 2), rights of parties in possession deletion, T-23 Access Endorsement and the series of T-19 Restriction, encroachment and mineral endorsements. Depending on the type of property being insured, the goals of the insured and the cost vs. potential benefit being afforded to the insured, an owner, potential buyer or lender will have several choices of particular policy exception deletions and insuring around endorsements to consider when acquiring a Texas title insurance policy. In short, Texas title insurance is not a guarantee of title to the insured. It is a contractual agreement between the insured — owner or lender — and the title insurance policy issuer to cover stated title risks associated

with the ownership and financing of real property. In this respect, title insurance is more like your automobile or homeowners’ insurance policies, rather than a guarantee of title. That’s not to say that a review of the precursor document to the issuance of a title insurance policy shouldn’t be performed by the owner, buyer or lender prior to paying the applicable premium. To the contrary, it is extremely important that the “commitment” for issuance of a title insurance policy be reviewed in addition to any documents, which will constitute exceptions from coverage once the policy is issued. If possible, both the title insurance commitment and exception documents should be examined along with a current survey. The commitment should provide a good snapshot of the exceptions contained in the public records, while the survey will show the location of such exceptions on the ground and any other exceptions which are not found in the public records, but which are visibly apparent from an inspection of the property.

In conclusion, title insurance plays a very important role in Texas real estate transactions. However, if you do not work with title insurance on a regular basis it can be somewhat confusing to know exactly what you are purchasing and what options may be available. So, if you ever find yourself in a situation where you want to know your title insurance options, you should feel free to consult with and ask questions of your title insurance agent. Most are extremely helpful and knowledgeable about their products. If you still find yourself uncertain about title insurance or the associated transaction, it is usually well worth the time and expense to consult with a qualified legal professional.

Denton Business Chronicle

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972-829-2050

License # 105287

www.SignatureSeniorLiving.com

R. SCOTT ALAGOOD is a licensed Texas attorney and Board Certified by the Texas Board of Legal Specialization in both Residential and Commercial Real Estate Law and may be contacted by email at Alagood@dentonlaw. com or www.dentonlaw.com.

Vital Statistics OIL AND GAS LISTINGS

The following oil and gas reports for the month of December were posted by oilandgasreports.com LLC, P.O. Box 1540, Corpus Christi, TX 78403. For more information, visit www.oilandgasreports.com. Denton County Lease: Alliance Tech Center South Operator: Quicksilver Resources Inc. Location: 196.187-acre unit, T.S. Reyburn Survey, A1130; Within Fort Worth Field: East Newark (Barnett Shale)

Total Depth: 7489' Lease: Biltmore-B. Yarbrough (SA) Operator: Devon Energy Production Co. LP Location: 1602.243-acre unit, Hrs. C. Manchaca Survey, A-789; 2.5 miles SE of Ponder

Field: East Newark (Barnett Total Depth: 8440' Lease: Christian Operator: Vantage Fort Worth Energy LLC Location: 226.55-acre unit, N. Castleberry Survey, A283; 1.2 miles NE of Slidell Field: East Newark (Barnett Shale) Total Depth: 8905' Lease: Christian Operator: Vantage Fort Worth Energy LLC

| CONTINUED ON PAGE 20

20 Denton Business Chronicle

Jan. 2013

Vital Statistics MIXED BEVERAGE TAX The following mixed beverage tax information was issued by the State Comptrollerâ&#x20AC;&#x2122;s office for December. The list includes the name of the business, address, and reported tax. 119 Loophole Private Club, 119 W. Hickory St., Denton, $6,708.52 1512 Club, 1512 W. Hickory St., Denton, $0 American Legion Post No. 550, 905 N. Foundation, Pilot Point, $2,301.04 Andy's Private Club, 122 N. Locust St., Suite B, Denton, $9,885.40 Angelina's Mexican Restaurant, 1400 N. Corinth St., Suite 111, Corinth, $2,047.50 Applebee's Neighborhood Grill, 707 S. I-35E, Denton, $9,891.28 Applebee's Neighborhood Grill, 2672 FM423, Little Elm, $4,592.84 Aramark Educational Services, 303 Administration St., Hubbard, Denton, $428.68 Ashton Gardens, 2001 Ashton Gardens Lane, Corinth, $4,107.18

B.P.O.E. Denton No. 2446, 228 E. Oak St., Denton, $1,647.80 Best Western Area Crown Chase, 2450 Brinker Road, Denton, $624.54 Black-Eyed Pea, 2420 S. I-35E, Denton, $349.30 Bono's Chop House & Saloon, 2025 N. Highway 287, Decatur, $3,844.82 Bono's Chop House & Saloon, 2025 N. Highway 287, Decatur, $3,407.46 Boomerjack Wings No. 8, 407 W. University Drive, Denton, $1,438.22 Brunswick Zone Denton, 2200 San Jacinto Blvd., Denton, $2,844.66 Buffalo Wild Wings Grill & Bar, 1400 S. Loop 288, Suite 110, Denton, $6,710.90 Cabana Beverages, 1300 N. I-35E, Denton, $294.14 Casa Torres Mexican Restaurant, 2708 FM51, Decatur,

OIL AND GAS LISTINGS Location: 226.55-acre unit, N. Castleberry Survey, A283; 1.2 miles NE of Slidell Field: East Newark (Barnett Shale) Total Depth: 8820'

Lease: Mayday-Lattimore Gas Unit Operator: Eagleridge Operating LLC Location: 179.38-acre unit, O.S. Brewster Survey, A-56; Within Denton Field: East Newark (Barnett Shale) Total Depth: 8711

Lease: Great Expectations Unit Operator: Arp Barnett LLC Location: 781.16-acre unit, C. Cooksey, A-270; 2 miles W of Hickory Creek Field: Newark, East (Barnett Shale) Total Depth: 9000'

Lease: Pitner-North Unit Operator: Red Oak Gas Operating Company LP Location: 78.83-acre unit, W. Blalock Sur, A-44; 0.5 miles N of Double Oak Field: East Newark (Barnett Shale) Total Depth: 8446'

| CONTINUED FROM PAGE 19

$2,556.96 Chili's Grill & Bar, 600 S. Highway 287, Decatur, $5,795.30 Chili's Grill & Bar, 8394 S. Stemmons Freeway, Hickory Creek, $3,725.26 Chili's Grill& Bar, 2406 N. I-35S, Denton, $3,780.28 Chilitos Private Club Inc., 619-623 S. Denton Drive, Lake Dallas, $153.44 Chipotle Mexican Grill, 1224 W. Hickory St., Denton, $113.40 Chuy's, 3300 Wind River Lane, Denton, $9,823.24 Cool Beans, 1210 W. Hickory St., Denton, $7,918.54 Courtyard By Marriott, 2800 Colorado Blvd., Denton, $803.88 Cow Camp Steakhouse, 3142 N. Highway 287, Decatur, $129.92 Crossroads Bar, 1803 N. Elm St., Denton, $2,279.34 Dan's Silverleaf, 103 Industrial St., Denton, $6,775.02 Denton Country Club, 1213 Country Club Road, Argyle, $3,380.16 Don Jose Mexican Food & Cantina, 301 N. Highway 287, Decatur, $521.78 El Fenix-Denton Texas, 2229 S. I-35E, Denton, $1,800.54

El Guapo's, 419 S. Elm St., Denton, $2,307.20 Ernesto's Mexican Restaurant, 10279 FM455E, Suite 1, Pilot Point, $2,917.46 Frilly's, 1803 S. Highway 287, Decatur, $3,461.64 Fry Street Public House, 125 Ave. A, Denton, $11,989.74 Fry Street Tavern Club, 121 Ave. A, Denton, $10,360.42 Fuzzy's Taco Shop, 109 N. State St., Decatur, $2,179.38 Fuzzy's Taco Shop, 1044 Maple St., Suite 101, Sanger, $371.00 Genghis Grill The Mongolian, 2416 Lillian Miller Parkway, Denton, $430.22 Gerhard's, 222 W. Hickory St., Suite 104, Denton, $802.76 Gerhard's, 222 W. Hickory St., Suite 104, Denton, $991.90 Good Eats No. 729, 5812 N. I-35, Denton, $0 Good Eats No. 729, 5812 N. I-35, Denton, $0 Hailey's, 122 W. Mulberry St., Denton, $3,266.20 Hannahs, 111 W. Mulberry St., Denton, $8,474.48 Hickory Street Lounge, 212 E. Hickory St., Denton, $4,985.26 Hilton Garden Inn Denton, 3110 Colorado Blvd., Denton, $719.46

Holiday Inn Denton, 1434 Centre Place Drive, Denton, $747.60 Hooligans Private Club, 104 N. Locust St., Denton, $10,731.70 Hooters of Denton, 985 S. I-35E, Denton, $7,332.22 II Charlies Private Club, 809 Sunset St., Denton, $10,073.56 J.R. Pockets Club, 1127 Fort Worth Drive, Denton, $5,936.14 Jackie's, 201 Main St., Lake Dallas, $3,791.76 Jag Private Club Inc., 119 S Elm St., Denton, $4,949.42 Joey's Ristorante Italiano, 26735 US Highway 380E, Little Elm, $1,246.56 Joey's Ristorante Italiano, 26735 US Highway 380 E, Little Elm, $1,261.12 Johnny Carino's Italian, 1516 Centre Place Drive, Denton, $1,785.84 Keiichi, 500 N. Elm St., Denton, $830.62 Kobe Sushi & Steak LLC, 2832 Eldorado Parkway, Suite 208, Little Elm, $363.16 La Milpa Mexican Restaurant, 820 S. I-35E, Unit 1, Denton, $1,551.62

Lease: Riley-Little Brook (SA) Operator: Vantage Fort Worth Energy LLC Location: 412.16-acre lease, S. Huizar, A-514; 0 Within Denton Field: Newark, East (Barnett Shale) Total Depth: 9000'

Total Depth: 9000'

Location: 329.7-acre lease, MEP&P RR Co/Green Johnson, Myers & Brummett, A-1699; 3 miles NW of Denton, Tx Field: East Newark (Barnett Shale) Total Depth: 8800'

Lease: Riley-Little Brook (SA) Operator: Vantage Fort Worth Energy LLC Location: 412.16-acre lease, S. Huizar, A-514; 0 Within Denton Field: Newark, East (Barnett Shale) Total Depth: 9000' Lease: Riley-Little Brook (SA) Operator: Vantage Fort Worth Energy LLC Location: 412.16-acre lease, S. Huizar, A-514; 0 Within Denton Field: Newark, East (Barnett Shale)

Lease: Riley-Little Brook (SA) Operator: Vantage Fort Worth Energy LLC Location: 412.16-acre lease, S. Huizar, A-514; 0 Within Denton Field: Newark, East (Barnett Shale) Total Depth: 9000' Lease: Smith-Yorlum Unit Operator: Eagleridge Operating LLC Location: 329.7-acre unit, MEP&P RR Co/Green Johnson, Myers & Brummett, A-1699; 4.2 miles NW of Denton, Tx Field: East Newark (Barnett Shale) Total Depth: 8800' Lease: Smith-Yorlum Unit Operator: Eagleridge Operating LLC

| CONTINUED ON PAGE 22

Lease: Smith-Yorlum Unit Operator: Eagleridge Operating LLC Location: 329.7-acre unit, MEP&P RR Co/Johnson Green Myers & Brummett 0 Within Denton Field: East Newark (Barnett Shale) Total Depth: 8800' Lease: Smith-Yorlum Unit Operator: Eagleridge Operating LLC Location: 329.7-acre lease, M. Bryan, A-148; 4.2 miles NW of Denton Field: East Newark (Barnett Shale) Total Depth: 8800'

Vital Statistics NAME — DBA/ADDRESS

ASSUMED NAMES The following names (followed by DBA and address) were posted in December in the Denton County Clerk’s Office. NAME — DBA/ADDRESS

NAME — DBA/ADDRESS

Al Ferrara and Chris Goodridge, NTX Cyclones, 6201 English Saddle Lane, Denton Alyssa Marie Vieira, A+ Virtual Administrative Solutions, 6701 Wellston Lane, Denton Brett Becker, Shredded Labs, 3921 E. McKinney St., Suite No. 7, Denton Carol J. Rose, Creatives by Carol, 9104 Kingston Trace, Denton Chauntell Copeland, Christiano's Shoes, 111 Colorado Drive, No. 1324, Denton Christie A. Wood, Noted Vocals, 513 Bolivar St., Denton Daniel R. Salas Jr., Dan's Painting and Specialty Finishes, 3101 Twilight St., Denton Eduardo Perez, Iglesia Centro de Restauraeion Yo Soy, 1807 N. Elm St., Denton Esmeralda Gutierrez, R & E Drywall LLC, 5505 Fishtrap Road, No. 1, Denton Evan Don Maier, Tekton Wood Designs, 1003 Thomas

St., Denton Evelyn Pitre, KC Realty, 2810 Nottingham Drive, Denton Fernando Heredia and Zachary M. Barber, Spartan Supplements, 705 Cook St., Denton James Whaley, D & B Manufacturing, 8809 Compton St., Denton Jason Brent Early, Jason Early's Merchandise, 507 Magnolia St., Denton Jeff Henderson, Denton Regional Urgent Care Center, 2520 W. University Drive, Suite 1154, Denton John Prater, Jeffries Electric, 316 Westway St., Denton Jonathan R. Denney, SAFE Software, 3221 Como Lake Road, Denton K.J. Environmental Management, KJE, 109 S. Oakland St., Denton Kathy Glasschroeder, The Glasschroeder Agency, 100 W. Oak St., Denton Kathy Pinarski, U-Checked, 1901 Moonlight Drive,

Denton Laura Del Angel, Del Angel Denton Construction, 9100 Teasley Lane, Denton Marci Martinez, Marci Martinez Attorney At Law, 3525 Stanford Drive, Denton Martha Ann Hooten, Hootens Buff-N-Wax Floors, 1728 Cordell St., Denton Michael and Rebecca Boodt, Holistic Massage Center, 207 W. Hickory, Suite 207, Denton Michael Valderas, Quality Touch Home Repairs, 375 S. Shady Shores Road, Denton Ofelia G. Beltran, Salud Y Vida Healthy Living, 316 Dallas Drive, Denton Paula Davis, Paula's Canine Academy, 4634 Farris Road, Denton Rebecca Beck, Green Eagle Stafing, 2409 Charlotte St., No. 5, Denton Richard Haskins and Jacquelyn Stevenson, Solid State Transformations, 1920 W. Oak St., Denton Richie Dye, Cool Pop Productions, 1721 Crow St., Denton Robert Rice, T.T. Millworks, 2321 Masch Branch Road,

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

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Jan. 2013

22 Vital Statistics

Denton Business Chronicle

Jan. 2013

SALES TAX The following sales permits were issued by the State Comptroller’s Office for December. 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. 75034 Jose D. Arambula, A3-Sales, 1613 Knight Trail, Little Elm 75065 Maria Medina, Taqueria El Palomino, 3730 FM2181, Hickory Creek Maria Medina, Taqueria El Palomino, 3730 FM2181, Hickory Creek 75068 Anastasia Morgan, Sweet Pea and Peony, 2157 Kiowa Court, Little Elm Anastasia Morgan, Sweet Pea and Peony, 2157 Kiowa Court, Little Elm Deloris Ann Francis, Country Crafts, 1220 Garza Lane, Little Elm Deloris Ann Francis, Country Crafts, 1220 Garza Lane, Little Elm Heather Sullivan and Jennifer Stanford, Sassy Chic Boutique, 2708 Ocaso Drive, Little Elm Indulge Your Senses Inc., Indulge Your Senses Inc.,

2600 Still Springs Drive, Little Elm Jamian Mason, True Life Performance, 1709 Nighthawk Drive, Little Elm Jerry David Howard Jr., Juniors Audio and Video, 2353 Elm Valley Drive, Little Elm K & M Appliance, K & M Appliance, 1220 Lake Haven Drive, Little Elm La'keesha D. Mote, Blue Orchard Technology, 2629 Mariners Drive, Little Elm La'keesha D. Mote, Blue Orchard Technology, 2629 Mariners Drive, Little Elm Millenia Construction Company of Texas Inc., Millenia Construction Company of Texas, 2401 Spruce Court, Little Elm Millenia Construction Company of Texas Inc., Millenia Construction Company of Texas, 2401 Spruce Court, Little Elm Mohammad Iqbal, A-One Title Service, 2820 Quietwater Drive, Little Elm Mohammad Iqbal, A-One Title Service, 2820 Quietwater Drive, Little Elm Travis Brent Wilson, Proof Photography, 2505 Red Oak

Drive, Little Elm Travis Brent Wilson, Proof Photography, 2505 Red Oak Drive, Little Elm

76201 7-Eleven Inc., 7-Eleven Convenience Store No. 36057, 235 W. Hickory St., Denton Triniti LLC, Viet Bites, 702 S. Elm St., Denton 7-Eleven Inc., 7-Eleven Convenience Store No. 36057, 235 W. Hickory St., Denton Triniti LLC, Viet Bites, 702 S. Elm St., Denton Natromchalee Sumpaongoen McFarlane, Natromchalee McFarlane, 1423 Malone St., Denton New Cingular Wireless PCS LLC, AT&T Mobility No. D192, 2520 W. University Drive, Suite 1180, Denton Sanger Business Operation LLC, The Bowllery, 901 Ave. C, Suite A 76205 7 Recycling Inc., 7 Recycling Inc., 1100 S. Woodrow Lane, Denton 7 Recycling Inc., 7 Recycling Inc., 1100 S. Woodrow Lane, Denton Alena H. Veteto, Beadtanical Garden, 2006 Camellia St., Denton Alena H. Veteto, Beadtanical Garden, 2006 Camellia St., Denton Brian Nguyen, Asiana Café, 2201 S. I-35E, Suite S8, Denton Brian Nguyen, Asiana Café, 2201 S. I-35E, Suite S8,

Denton Cherry Hill Photo Enterprises Inc., Cherry Hill Photo No. 483, 2201 S. I-35E, Denton Cherry Hill Photo Enterprises Inc., Cherry Hill Photo No. 483, 2201 S. I-35E, Denton Diego A. Esquivel, Computadoras Diego, 301 Dallas Drive Suite 125, Denton Jorogumo Nephila LLC, Zinis, 1776 Teasley Lane, Suite 103, Denton Sinnisun LLC, Sinnisun LLC, 1408 Teasley Lane, Apt. 314, Denton Swansea Jack Companies Inc., Swansea Jack Companies Inc., 2905 Pennsylvania Drive, Denton Swansea Jack Companies Inc., Swansea Jack Companies Inc., 2905 Pennsylvania Drive, Denton 76207 Cool Screens Texas LLC, Cool Screens Texas LLC, 9512 Ravenwood Drive, Denton Core Karting, LLC, Core Karting, LLC, 1405 Constantina Drive,Denton 76208 Amy Lentz, Wine Rac Décor, 4203 Boxwood Drive, Denton Antonio C Moran, La Factory Trading Co., 2105 Quail Run Drive, Corinth Antonio C Moran, La Factory Trading Co., 2105 Quail Run Drive, Corinth Deborah Henkes, Santa's Closet, 409 Lakeview Blvd., Denton

MIXED BEVERAGE TAX | CONTINUED FROM PAGE 20 Lake Cities Post No 88 America, 105 Gotcher Ave., Lake Dallas, $2,272.34 Lake Cities Post No 88 America, 105 Gotcher Ave., Lake Dallas, $2,499.00 Lake Dallas Point Restaurant, 303 Swisher Road, No. 100, Lake Dallas, $3,667.30 Lake Ray Roberts Area Elks Lodge, 1601 Marina Circle, Sanger, $343.14 Lake Ray Roberts Area Elks Lodge, 1601 Marina Circle, Sanger, $236.32 Lantana Golf Club, 800 Golf Club Drive, Argyle, $2,661.96 Los Charros, 2763 E. Eldorado Parkway, Suite 105, Little Elm, $869.96 Los Jalapenos Restaurant, 420 W. Eldorado Parkway, Little Elm, $143.36 Los Toreros Restaurant, 2900 Wind River Lane, Suite 134, Denton, $2,800.00 Love Shack, 113 E. Hickory St., Denton, $0 Lowbrows Beer and Wine Garden, 200 W. Washington St., Pilot Point, $416.50 Lucky Lous, 1207 W. Hickory St., Denton, $25,208.54 Lucky Lous, 1207 W. Hickory St., Denton, $22,650.18 Mable Peabody's Beauty Parlor, 1125 E. University Drive, Suite 107, Denton, $3,316.18 Mellow Mushroom, 217 E. Hickory St., Denton, $4,647.72 Meritt Ranch Beverages Limited, 2946 Ganzar Road, Denton, $1,489.88 Metzlers Food and Beverage Inc., 1251 S. Bonnie Brae St., Denton, $903.00 Mexi-Go Restaurant, 2831 Eldorado Parkway, Suite 112, Little Elm, $999.74 Mi Sueno Club, 2648 FM407E, Suite 150, Bartonville, $2,954.00 Mi Taza Latin Tex-Mex Café, 5017 Teasley Lane, Suite 101, Denton, $705.88 Miguelito's, 1521 E. McCart St., Krum, $1,070.30 Miguelitos, 1412 N. Stemmons St., No. 178, Sanger, $1,835.82 Norman Heitz Memorial Post 104, 501 Thompson, Lake Dallas, $1,759.10 Oak Street Drafthouse Club, 308 E. Oak St., Denton, $14,775.74 Oakmont Country Club, 1200 Clubhouse Drive, Corinth, $4,751.74 Ollimac Company, 1400 Corinth Bend, Suite 103, Corinth, $922.32 On The Border, 2829 S. I-35E, Denton, $5,437.18 Outback Steakhouse, 300 S. I-35E, Denton, $4,750.76 Pedro's Tex Mex & Grill, 209 S. Washington St., Pilot Point, $0 Pei Wei Asian Diner, 1931 S. Loop 288, Suite 130, Denton, $189.00 Phil Miller Post No. 2205, 909 Sunset St., Denton, $2,002.00 Pourhouse Sports Grill, 3350 Unicorn Lake Blvd., Denton, $4,863.04

Prairie House Restaurant, 10001 Highway 380, Cross Roads, $1,713.32 Red Lobster No. 6349, 2801 S. I-35E, Denton, $2,500.82 Reunion On The Square, 106 N. Trinity St., Decatur, $426.30 Reunion On The Square, 106 N. Trinity St., Decatur, $115.64 Ringers, 807 Eagle Drive, Denton, $1,420.86 Riprock's, 1211 W Hickory St., Denton, $13,167.70 Rockin' Rodeo, 1009 Ave. C, Denton, $12,391.68 Rocky's Sports Bar, 2000 W. University Drive, Denton, $4,599.14 Rooster's Roadhouse, 113 Industrial St., Denton, $5,571.16 Rosa's Cafe & Tortilla Factory, 1275 S. Loop 288, Denton, $324.38 RT's Social Club Inc., 1100 Dallas Drive, Suite 124, Denton, $14,097.72 Rubber Gloves, 409 E. Sycamore St., Denton, $2,152.50 Rubber Gloves, 409 E. Sycamore St., Denton, $1,358.84 Ruby-Jeans Social Club Inc., 309 N. FM156, Ponder, $968.38 Schmitty's, 407 W. Eldorado Parkway, Suite 1, Little Elm, $349.02 Scooters Tavern, 6481 FM455, Sanger, $2,153.90 Sushi Café, 1401 W. Oak St., Denton, $111.02 Sweetie Pie's Ribeyes, 201 W. Main St., Decatur, $638.82 Sweetwater Grill & Tavern, 115 S. Elm St., Denton, $7,186.76 Swishers, 501 E. Swisher Road, Lake Dallas, $0 Texas Land & Cattle Steak House, 8398 S. Stemmons Freeway, Hickory Creek, $2,863.00 Texas Roadhouse, 2817 S. I-35E, Denton, $6,430.62 The Abbey Inn Restaurant & Pub, 101 W. Hickory St., Denton, $7,346.22 The Aztec Club, 720 W. University Drive, Denton, $2,377.06 The Bears Den, 11670 Massey Road, Pilot Point, $0 The Garage, 113 Ave. A, Denton, $6,937.84 The Green House, 600 N. Locust St., Denton, $4,033.12 The Labb Club, 218 W. Oak St., Denton, $5,709.90 The Lion's Den, 2700 E. Eldorado Parkway, Suite 250, Little Elm, $1,983.66 The Olive Garden Italian Restaurant, 2809 S. I-35E, Denton, $3,319.12 Three Fins Seafood Grill, 2303 S. I-35E, Denton, $1,083.74 University Lanes, 1212 E. University Drive, Denton, $1,921.50 Verona Pizza Italian Restaurant, 201 Loop 81/287N, Decatur, $168 Villa Grande Mexican Restaurant, 12000 US Highway 380, Suite 100, Cross Roads, $2,641.24 Villa Grande Mexican Restaurant, 2530 W. University Drive, Suite 114, Denton, $1,773.38 Vitty's Club Inc., 1776 Teasley Lane, Suite 102, Denton, $3,735.06 Wild Horse Grill, 9400 Ed Robson Circle, Denton, $3,108 Wing Town, 4271 FM2181, No. C316, Corinth, $0

Linda M. McNatt, Jujubelle Jewelry, 595 S. Trinity Road, Denton Linda M. McNatt, Jujubelle Jewelry, 595 S. Trinity Road, Denton Plan It Storage Management LLC, Plan-It Storage, 520 Blake Lane, Denton Plan It Storage Management LLC, Plan-It Storage, 520 Blake Lane, Denton Scott Walter Ebbert, KE Design, 7204 Desert Willow Drive, Denton Turner Ross and Evan Toss, Awa Studio, 206 Shahan Drive, Shady Shores 76209 Dennis Bailey, Bailey Music Systems, 1013 Mack Place, Denton Jo A. Holloway, Jo Mama's Concession, 800 Laguna Drive, Denton Robert E. Lee Elementary Parent-Teacher Association, Robert E. Lee Elementary Parent-Teacher Association, 800 Mack Drive, Denton Robert E. Lee Elementary Parent-Teacher Association, Robert E. Lee Elementary Parent-Teacher Association, 800 Mack Drive, Denton 76210 Cheryl W. Mcqueen, Expressive Creations, 5802 Green Ivy Road, Denton Cheryl W. Mcqueen, Expressive Creations, 5802 Green

| CONTINUED ON PAGE 23

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

RELEASE OF STATE TAX LIENS NAME/ADDRESS Crazy Horse Saloon and Dance Hall, 1302 E. Windsor Drive, Denton Geek On Wheels Inc., 1900 Cornell Lane, Denton

TYPE Mixed Beverage Gross Receipts Tax Fanchise Tax

AMOUNT $1,406.83 $1,390.47

REC. DATE 12/10/2012 12/19/2012

TYPE 1040 1040 940,941 1040 1040 1040 944

AMOUNT $58,187.12 $23,160.98 $2,307.48 $23,331.16 $2,463.51 $26,389.93 $2,953.05

REC. DATE 12/11/2012 12/28/2012 12/19/2012 12/11/2012 12/19/2012 12/19/2012 12/04/2012

TYPE 941 1040 1120 1040 1040 941 1040 1040 1040 1040

AMOUNT $1,496.73 $7,533.77 $2,340.00 $942.58 $2,552.69 $203.25 $38,906.55 $8,901.11 $601.13 $11,924.63

REC. DATE 12/11/2012 12/28/2012 12/28/2012 12/19/2012 12/28/2012 12/28/2012 12/19/2012 12/06/2012 12/19/2012 12/19/2012

CONTRACTOR John Schedcik Custom Homes Gold Medal Pools and Spas Craftsman Village Homes Quick Set Concrete Inc. Century Custom Homes BMR Pool & Patio Century Custom Homes PPL LP

AMOUNT $369,148.00 $69,917.00 $289,290.00 $173,124.00 $285,000.00 $53,500.04 $10,000.00 $315,000.00

REC. DATE 12/14/2012 12/10/2012 12/28/2012 12/27/2012 12/11/2012 12/11/2012 12/11/2012 12/17/2012

FEDERAL TAX LIENS NAME/ADDRESS Agustin Rivas Cuellar, 1427 Knight St., Denton Allan J. and Holly S. Rosenbaum, 2022 N. Locust St., Denton Barry R. Jacobs, 2520 Natchez Trace, Denton Byron H. Byrom, P.O. Box 720, Denton Daniel M. and Melanie A. Quirk, P.O. Box 142, Denton Daniel M. Quirk, P.O. Box 142, Denton Mount Calvary Baptist Church, 1111 Wilson St., Denton

RELEASE OF FEDERAL TAX LIENS NAME/ADDRESS Beimler Logistics Inc., 1920 Lariat Drive, Denton Gerald L. Demarsh Jr., P.O. Box 153, Denton Halsey Engineering and Manufacturing Inc., 209 N. Mayhill Road, Denton Kenneth L. and Melinda K. Oneal, 217 McKamy Blvd., Denton Lonn J. Small Wood, 10055 St. Johns Road, Pilot Point Manuel Perez, 324 E. McKinney St., Suite 102, Denton Michael P. and Natalie N. McDonald, 309 Cherokee Trail, Argyle Michelle D. Hartung, 1114 W. Hickory St., Apt. D, Denton Oid J. Johnson, 916 Monterey Drive, Denton Richard M. and Jaime M. Dolgener, P.O. Box 457, Denton

MECHANICS LIENS NAME/ADDRESS David C. and Mary J. Mathias, 7808 Oak Creek Lane, Denton Lance J. and Michelle D. Sandmann, 106 Everett Court, Shady Shores Leroy and Roxann Brennfoerder, 522 Village Way, Argyle Michael A. Ingle, 3971 Summit Ridge, Corinth Richard L. and Jennifer Bodo, 3913 Maggies Meadow, Denton Richard L. and Jennifer Bodo, 3913 Maggies Meadow, Denton Richard L. and Jennifer Bodo, 3913 Maggies Meadow, Denton William R and Sheila M. Roepka, 2801 Spencer Road, No. 1108, Denton

ASSUMED NAMES | CONTINUED FROM PAGE 21 NAME — DBA/ADDRESS Suite 311, Denton Robert Rice, Texas Tables, 2321 Masch Branch Road, Suite 311, Denton Scott J. Warren and Heather Barahona, Koan School, 2001 Loon Lake, Denton

NAME — DBA/ADDRESS Seth Malley, Knight Drivers, 418 W. Congress St., Apt. 7, Denton Sharon Kremer, Downsizing Moving, 3574 Pine Trail, Denton Simon Bland, Si'z, 1776 Teasley Lane, Suite 103, Denton Taiwana White, From Tha Heart Catering, P.O. Box 51702, Denton

NAME — DBA/ADDRESS Tonya Toomer, Superior Commercial Cleaning, 2619 Ft. Worth Drive, Denton Toryn Haynes and Kent Barrow, Funk Y Beard, 624 W. University Drive, No. 158, Denton Transmission Discounters, Road Runner Transmission and Auto Care, 2311 I-35E, Denton Turner and Evan Ross, AWA Studio, 206 Shahan Drive, Denton Victor M. Rodriguez Jr., Periodico El Dia, 1300 Bayfield Drive, Denton Vincent L. Silmon, Buzz Exposure Marketing, 4012 San Lorento Drive, Denton

Vital Statistics SALES TAX

| CONTINUED FROM PAGE 22 Ivy Road, Denton Decor To Your Door Texas LLC, Decor To Your Door Texas LLC, 4251 FM2181 No. 230332, Corinth Goel Ventures LLC, Express Lane Exxon, 3628 S. I-35E, Denton Goel Ventures LLC, Express Lane Exxon, 3628 S. I-35E, Denton Holly Ann Walker, Holly Hobby Designs, 2216 Miranda Place, Denton Jhinuk Chowdhury, Digital Voyages, 1720 Andover Lane, Corinth Js & Ys Inc., JFE Partnership K570-1, 5021 Teasley Lane, Denton Mcdonald's Restaurants of Texas Inc., Mcdonald's Restaurants of Texas No. 5966, 5016 Teasley Lane, Denton S & J Embroidery LLC, S & J Embroidery LLC, 3704 Windsor Parkway, Corinth Salon Rene' Inc., Salon Rene, 3691 FM2181 Suite B, Corinth Telequery.Net Inc., Telequery.Net Inc., 3409 Paint Drive, Denton 76226 Brandon Pfaffly, Insteel Metal Buildings, 9801 Macaway Drive, Argyle 76227 Angela A. Wright, Taste of Excellent, 1804 Marlin Drive, Aubrey Angela A. Wright, Taste of Excellent, 1804 Marlin Drive, Aubrey Christy D. Brown, Chris Cross Design Company, 8716 Wagon Trail, Cross Roads Christy D. Brown, Chris Cross Design Company, 8716 Wagon Trail, Cross Roads, Melco LLC, Clint's BBQ, 921 S. Highway 377, Cross Roads Melco LLC, Clint's BBQ, 921 S. Highway 377, Cross

Roads Michelle G. Peterson, Beach Bottles, 106 Jenny Lane, Aubrey Phillip N. Moreino, Same Day Mattress, 9930 US Highway 380, Cross Roads Ryan Alan Roberts, Rhino Overhead Door, 1904 Cabrera Drive, Aubrey Shakira Ford, Kira's Shoppe, 1315 Canvasback, Aubrey Sonufive LLC, Chaparral Liquor, 708 S. Highway 377, Cross Roads Sonufive LLC, Chaparral Liquor, 708 S. Highway 377, Cross Roads Upper Park Cafe LLC, Upper Park Cafe LLC, 6740 Blackjack Oaks Road, Aubrey 76234 Aleshea Nobles, Sweetwater Baking Company, 112 W. Walnut St., Decatur Chester Jordan Et Al, Shear Precision, 402 Fossil Ridge Road, Decatur Coleman Exterminating Inc., Coleman Exterminating Inc., 4144 US Highway 380, Decatur Doggett Specialty Produce LLC, Doggett Specialty Produce LLC, 911 County Road 4227, Decatur Doggett Specialty Produce LLC, Doggett Specialty Produce LLC, 911 County Road 4227, Decatur Geneva M. Cockrell, Proline Design, 301 S. Washburn St., Decatur Ronald Dean Walker, Texas Trikes, 706 County Road 4127, Decatur Ronald Dean Walker, Texas Trikes, 706 County Road 4127, Decatur Rooster's Roadhouse Decatur Club, Rooster's Roadhouse Decatur Club, 106 N. Trinity St., Decatur Rooster's Roadhouse Decatur Inc., Rooster's Roadhouse Decatur, 106 N. Trinity St., Decatur 76249 Jennifer L Coffey, Oops E Daisy, 5536 Odneal Road, Krum Jennifer L. Coffey, Oops E Daisy, 5536 Odneal Road,

Krum Krum Society of Historic Preservation, Krum Society of Historic Preservation, 150 W. McCart St., Krum Mandy Lyn Smith, Two Awkward Turtles, 907 Clearview St., Krum Tammy Lynn Flatt, Tammy Flatt, 13384 Pruett Road, Krum 76258 Pilot Point Tiger Mart No. 49, Pilot Point Tiger Mart No. 49, 1800 N. Highway 377, Pilot Point Seth Cummings, Of Mud and Coal, 300 W. White St., Pilot Point Seth Cummings, Of Mud and Coal, 300 W. White St., Pilot Point 76259 3MCW Construction Services LLC, 3MCW Construction Services LLC, 3562 Sweet Lee Lane, Unit A, Ponder Jenny Lee Taylor, Guinevere's Gems, 543 Del Mar Drive, Ponder Jenny Lee Taylor, Guinevere's Gems, 543 Del Mar Drive, Ponder 76266 June Elena Bell, Bell's Collections/Antiques, 806 Utility Road, Unit A, Sanger Katherine Elaine Berndt, Elaine Berndt, 12556 FM2450, Sanger Katherine Elaine Berndt, Elaine Berndt, 12556 FM2450, Sanger Miguel Alberto Martinez, Planet Donuts, 617 N. 10th St., Suite 204, Sanger Natalie Denise Charles, Nat's Nick Knacks, 208 N. 10th St., Sanger Pamela Sue Teague, Knotty Things, 8938 Cripple Creek Court, Sanger Pamela Sue Teague, Knotty Things, 8938 Cripple Creek Court, Sanger Sanger Basketball Booster Club, Sanger Basketball Booster Club, 100 Indian Lane, Sanger Sanger Parent Teacher Organization, Sanger Parent Teacher Organization, 812 Keaton Road, Sanger William L. Elshire, Elfshire Furniture & Toys, 12721 Blakely Lane, Sanger

Denton Business Chronicle

BUILDING PERMITS The following building permits were issued by the Denton Planning and Development department in December. 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. Certificates Of Occupation Brad’s Towing Service, 2401 Worthington Drive, No. 109 Koko’s Hair, 2436 S. I-35E, No. 350 Lifepoint Chiropractic, 4236 N. I-35 North Texas Vapor Shop, 347 E. Hickory St. Sykes-Vaughan Investments 900 Willowood St., Building 1 900 Willowood St., Building 2 900 Willowood St., Building 3 900 Willowood St., Building 4 900 Willowood St., Building 5

Commercial Alteration Amanda Mandate LLC, 121 Ave. A American Tower, 2411 N. Elm St. CASA Denton County, 614 N. Bell Ave. CNL Retirement CRS, 2801 S. Mayhill Road Denton Family Medicine, 1206 Bent Oaks Court, No. 200 Good Samaritan Society 3901 Montecito Drive 3901 Montecito Drive, No. 801-804 3901 Montecito Drive, No. 805-808 3901 Montecito Drive, No. 809 3901 Montecito Drive, No. 817-820 3901 Montecito Drive, No. 821-823 3901 Montecito Drive, No. 824-825 3901 Montecito Drive, No. 826-831 JDFIU HQ LLC, 501 W. Hickory St, No. 101 Pie Five Pizza Co., 1120 W. Hickory St. RLC Holdings, 725 S. I-35E, No. 152 Select Rehab Hospital, 2620 Scripture St. Tommy’s High Tech Automotive, 620 Fort Worth Drive Verizon, 2219 S. Loop 288, No. 108

Jan. 2013

Advantage Storage, 4205 Teasley Lane Argyle United Methodist, 9033 Fort Worth Drive GTM Development, 2201 S. I-35E Residential DR Horton Texas Ltd. 1112 Central Village Drive 1205 Central Village Drive 1220 Nora Lane 1225 Nora Lane 3100 Stonecrop Trail 3101 Buckthorn Lane Forestar Real Estate Group 3212 Glen Crest Lane 7312 Desert Willow Drive 7316 Desert Willow Drive 7324 Desert Willow Drive 8401 Bishop Pine Road Robson Ranch Development LP 11617 Southerland Drive 11620 Parkcrest Drive 9533 Crestview Drive Robson Ranch (GC) 10520 Countryside Drive 11636 Southerland Drive 11808 Clemson Drive 8808 Landmark Lane Sheperd Place Homes Inc. 1004 Tallahassee Drive Tuscan Ventures Ltd. 3009 Montebello Drive

Commercial

BCI MECHANICAL, INC.

HEATING • AIR CONDITIONING • PLUMBING • CONTRACTING & SERVICE

Serving Denton and the Surrounding Communities Since 1984. Licensed and experienced professionals to service your residential or commercial plumbing, heating or air conditioning needs. 400 E. Oak, Denton, Texas TACLA005013C

M 9673

Denton Business Chronicle

Jan. 2013