2 Denton Business Chronicle
January 2016
Monthly News Recap Businesses on the move
What’s opened, what’s closed, etc. The Black-eyed Pea in Denton along South Interstate 35E was one of 15 locations the company closed in late 2015. Francesca’s, a boutique-style clothing and jewelry store, is now open at Golden Triangle Mall. New barbecue restaurant Juicy Pig Barbecue opened in early January on North Locust Street where Amitea operated until mid-2014. The Downtown Market closed Jan. 7, after opening this summer. The market sold fresh produce and household items out of a storefront at 307 S. Locust St. Longtime music venue Hailey’s is closed, but it is under renovation with current ownership to open two new bars in the space. One will be 1933 Spirits and Small Plates, set to open next month as a speakeasy. The other will come by the end of the first quarter — a bar with arcade games that hasn’t yet been named.
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Lewisville Lake Dam pressure levels rise Even before last spring’s rains, the Lewisville Lake Dam was listed by the U.S. Army Corps of Engineers as the eighth-mosthazardous in the country. Recent rains have made it worse, the corps says. The dam is so unstable now that the Fort Worth District is considering asking Corps of Engineers headquarters to upgrade its risk classification to the highest: “critically near failure” — that is, “almost certain to fail under normal operations … within a few years without intervention,” according to a corps document. Only 34 miles upstream from Dallas, the Lewisville Lake Dam holds back 2 million acre-feet, or 2.5 billion tons, of water when the lake is full. If the dam failed, the magnitude of all that water unleashed from Lewisville Lake down the Trinity River would dwarf the worst dam disaster in American history.
After the issues were detailed in a report that was published in the Denton Record-Chronicle and The Dallas Morning News, public officials told residents there was no need for alarm.
Hatchet-wielding student shot Ryan McMillan’s life ended an hour and a half after he turned 21 years old, shot by University of North Texas police outside a Christian ministry center in the Fry Street area in central Denton. The Texas Rangers released dash cam video from the Dec. 13 fatal shooting of the 21-year-old UNT student shortly after university officials named UNT police Cpl. Stephen Bean, 27, as the officer involved. Bean, 27, a Denton resident, joined the UNT Police Department on Sept. 19, 2011. UNT officials released little information to the public about
the shooting before turning the investigation over to the Texas Rangers. The two video segments, each about 46 seconds in length, show different views of the scene at Oak and Fry streets. In the first dashboard camera video, Bean arrives at the scene at about 12:30 a.m. The video shot from inside the patrol car shows McMillan standing with two other people under a streetlight as Bean arrives at the intersection. After Bean’s vehicle comes to a stop, McMillan can be seen stepping off the curb and crossing in front of the patrol car, holding a hatchet or tomahawk in his right hand. The second video segment shows the same scene from three other angles. In the audio recording, Bean has gotten out of his patrol car and orders McMillan to “back away” several times as he steps back from McMillan, drawing his gun. McMillan continues to walk toward Bean, ignoring the offi-
cer’s warnings, and repeatedly says “Shoot me.” It was reported that McMillan had struck several vehicles in the area with the tomahawk.
UNT student shot after leaving NYE party The Denton Police Department obtained an arrest warrant for murder for Eric Jamal Johnson in connection with the shooting death of 20-year-old University of North Texas student Sara Mutschlechner, according to a news release issued by the department. According to police, after a New Year’s Eve party Mutschlechner was driving a fourdoor Hyundai south on North Elm Street when an SUV pulled alongside it. Mutschlechner had not been drinking and was the designated driver for the night. There was another woman and two men in the car with her. Several words were ex-
changed between the occupants of the vehicles, according to police. Witnesses later would tell police at least two of the SUV occupants were at the Crisoforo Drive party. As the vehicles crossed University Drive, someone in the SUV opened fire. Mutschlechner was struck in the head and lost control of the car, which hit another vehicle and then crashed into an electrical pole, finally coming to a stop. She was taken to Denton Regional Medical Center, where she died the evening of Jan. 1.
Alabama QB Morris plans to transfer to UNT Alabama quarterback Alec Morris is planning to return home to play for North Texas. Morris has spent the last four seasons with the Crimson Tide and is a redshirt junior. He is a RECAP | CONTINUED ON PAGE 17
Contents |
January 2016
3
Calendar of Events
Denton Business Chronicle
APIs and IPAs meets every other Tuesday at Harvest House, 331 E. Hickory St., for a techcentered hangout.
January 2016
Tuesday, Jan. 19, 6:30 p.m. Tuesday, Feb. 2, 6:30 p.m. Tuesday, Feb. 16, 6:30 p.m.
Argyle Chamber of Commerce will host a networking luncheon at Wildhorse Grill at Robson Ranch, 9400 Ed Robson Blvd. Wednesday, Jan. 27, noon
Argyle Economic Development Corp. will meet at 308 Denton St. in Argyle. Thursday, Jan. 14, 7 p.m.
Photo by Louis DeLuca/DMN
Argyle Chamber of Commerce will host a monthly breakfast meeting at Lantana Golf Club, 800 Golf Club Drive.
Partiers celebrate New Year's Eve on Dec. 31 in Fort Worth. The Lake Cities Chamber of Commerce will host a “Ring in the New Year” mixer at Comfort Inn & Suites in Corinth at 4:30 p.m. Jan. 21.
Argyle Planning and Zoning Commission meets the first Tuesday of the month at 308 Denton St.
The Denton League of United Latin American Citizens No. 4366 meets the third Saturday of each month at the Denton Senior Center, 509 N. Bell Ave.
Tuesday, Jan. 19, 7:30 a.m.
Tuesday, Feb. 2, 6:30 p.m.
Index January 2016 | Vol. 11, No. 11 Publisher: Bill Patterson The contents of this free publication are copyrighted by Denton Publishing Company, 2016, 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
Monthly News Recap | 2 Business Spotlight | 4, 13 Mixers | 6, 15, 17 Heather Steele | 7 Other Enterprising Voices | 7-9 Vital Statistics | 17-19
On the cover: The Railyard will feature 105 downtown apartments above office and retail space. Photo by Kristen Watson
Who to contact Scott K. Parks Managing Editor 940-566-6879 | sparks@dentonrc.com Jenna Duncan Business Editor 940-566-6889 | jduncan@dentonrc.com Sandra Hammond Advertising Director 940-566-6820 | shammond@dentonrc.com Shawn Reneau Advertising 940-566-6843 | sreneau@dentonrc.com
Denton Black Chamber of Commerce meets the second Tuesday of each month at the Denton Housing Authority, 1225 Wilson St. Tuesday, Feb. 9, 6 p.m.
Denton Chamber of Commerce will host its “Business over Breakfast” morning networking meeting at Best Western Premier Crown Chase Inn & Suites. Friday, Jan. 15, 8 a.m.
Denton Chamber of Commerce will host a Smart Business 101 session about small businesses using ReferenceUSA for business leads at the Denton Chamber of Commerce, 414 W. Parkway St. Registration is required at www.denton-chamber.org. Tuesday, Jan. 26, 11:45 a.m.
Denton County Young Professionals hosts meetings every Wednesday except for the first of the month at Loco Cafe, 603 N. Locust St. Wednesday, Jan. 20, 7:15 a.m. Wednesday, Jan. 27, 7:15 a.m. Wednesday, Feb. 10, 7:15 a.m. Wednesday, Feb. 17, 7:15 a.m.
Saturday, Jan. 16, 9:30 a.m. Saturday, Feb. 20, 9:30 a.m.
Denton Planning and Zoning Commission meets the first and third Wednesdays of the month at City Hall, 215. E. McKinney St. Wednesday, Jan. 20, 6:30 p.m. Wednesday, Feb. 3, 6:30 p.m. Wednesday, Feb. 17, 6:30 p.m.
Electronics Recycling takes place at The Cupboard Natural Foods and Café, 200 W. Congress St., the second Saturday of each month. Drop off any computerrelated electronics for recycling. Visit www.computercrusher.com for a list of acceptable items and more information. Saturday, Feb. 13, 8 a.m.
Hickory Creek Planning and Zoning Commission meets the first Wednesday of each month at Hickory Creek Town Hall, 1075 Ronald Regan Ave. Wednesday, Feb. 3, 7 p.m.
Lake Cities Chamber of Commerce will host a “Ring in the New Year” mixer at Comfort Inn & Suites, 8111 S. Interstate 35E in Corinth.
Lewisville Area Chamber of Commerce presents LEADS Power Networking every Friday at Credit Union of Texas, 2525 MacArthur Blvd. in Lewisville. About 70 businesses will be in attendance, and admission is free. Friday, Jan. 15, 7:45 a.m. Friday, Jan. 22, 7:45 a.m. Friday, Jan. 29, 7:45 a.m. Friday, Feb. 5, 7:45 a.m. Friday, Feb. 12, 7:45 a.m.
Little D Open Coffee Club meets every other Tuesday at West Oak Coffee Bar, 114 W. Oak St., to discuss technology and startups. Tuesday, Jan. 26, 8 a.m. Tuesday, Feb. 9, 8 a.m.
Sanger Chamber of Commerce meets on the fourth Wednesday of the month to host its Leads Luncheon, where business owners can network and trade cards, at he chamber office, 300 Bolivar St. Wednesday, Jan. 27, noon
SCORE, the Service Corps of Retired Executives, will have free and confidential business mentoring on Thursdays by appointment. Register with Kerry Montz at 940-349-8757 or kerry.montz@cityofdenton.com Thursday, Jan. 21, 9 a.m. to 2 p.m. Thursday, Jan. 28, 9 a.m. to 2 p.m. Thursday, Feb. 4, 9 a.m. to 2 p.m. Thursday, Feb. 11, 9 a.m. to 2 p.m.
Thursday, Jan. 21, 4:30 p.m.
TechMill will host NodeSchool Denton, a programming workshop, at Zera Coffee Co., 420 E. McKinney St. Saturday, Jan. 16, 2 p.m. Saturday, Jan. 30, 2 p.m. Saturday, Feb. 13, 2 p.m.
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Business Spotlight
January 2016
Eric Gay/AP file photo
An oil tanker passes a fisherman July 21 near Port Aransas on its way to the Port of Corpus Christi.
Oil dims factory outlook By Robert Grattan | Houston Chronicle Texas’ factories reported a jump in business for December despite low oil prices, but manufacturing executives continue to hold a gloomy outlook for 2016 as oil companies pare their spending on equipment amid a prolonged crude rout. “It is getting ugly,” a fabricated metal product manufacturer said in comments released this week as part of the Federal Reserve Bank of Dallas’ monthly Texas Manufacturing Outlook Survey. The regional bank does not name survey respondents. Texas manufacturers have been hit hard by slumping oil prices and waning demand for their products, forced to lay off thousands of workers and shutter plants as they brace for a second year of curtailed capital spending for the first time since the 1980s.
In a surprise move, the Dallas Fed’s index of production activity edged higher from November to December, but the survey’s demand measures showed continued weakness. New orders, an indicator of future demand, declined at a faster pace in December. Perceptions of broader business conditions also weakened markedly in December. The general business activity index, which was negative throughout 2015, plunged to minus-20.1. And the company outlook index fell 10 points in December to minus-9.7, its lowest level since August. The survey indicates that troubling signs persist as manufacturers remain concerned about the oil and gas slowdown. “Oil and gas work has signif-
icantly slowed,” a transportation equipment manufacturing executive told the Dallas Fed. “There is pressure from customers to lower prices further.” A machinery manufacturing executive said: “Weak oil and natural gas prices are having a material adverse effect on our business.” That’s uncomfortable news for Texas, which produces more than 11 percent of the all U.S. manufactured goods, second behind California. Many of those goods are made for the energy industry, where they’re used to help pump, transport and refine oil and gas. The Federal Reserve estimated that the oil bust has cost about 70,000 oil and gas jobs since October 2014, a 14.5 percent cut from the industry’s payrolls. And more job cuts are expected as crude prices remain
stuck below $40 per barrel. Domestic benchmark crude tumbled $1.27 to close at $36.60 a barrel the last week of December. “The market looks around and doesn’t see crude oil getting out of its own way,” said Andy Lipow, president of Lipow Oil Associates in Houston. “We continue to be weighed down by high inventories around the world. It’s really looking like more of the same for the next three months.” The across-the-board cutbacks by oil companies have sowed financial hardship for the manufacturers, services companies and drilling contractors that rely heavily on exploration spending. Embattled offshore drilling contractor Transocean announced that Royal Dutch Shell had terminated a contract for its
Polar Pioneer drilling rig, marking the second such cancellation for the Swiss company in a month. Transocean had expected to run the rig in Alaska through June 2017, but Shell backed out of the deal after scrapping plans in 2015 for its drilling campaign in Arctic waters following disappointing results from a test well. “For the industry, this cancellation continues to speak to the lack of incremental demand for rigs,” financial company Raymond James said in a report. In a separate report, the Dallas Fed said Texas service sector activity continued to strengthen in December. The revenue index, a key measure of state service-sector conditions, rose from 10.3 to 15.2. Retail sales also increased in December, with the retail sales index up 8 points.
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January 2016
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January 2016
Business Mixers Ribbon-cuttings The Denton Chamber of Commerce celebrated the openings of several businesses with ribboncutting ceremonies.
Edible Arrangements
Lucky Locks Beauty Bar
University Drive Dental
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Enterprising Voices
Denton Business Chronicle
Getting unstuck in business S
ometimes when things aren’t going well in our businesses, we have a tendency to lock up. Our fear moves us to inaction, and we spend more time worrying about what to do next than actually doing something. When leads are slow to come in or clients are dragging their feet to wrap up projects — when the flow of customers dwindles and moving product gets harder and harder — we have two choices: We can be like Artax (the white horse from The Neverending Story) and let the weight of the world root us, sink us lower and lower until we’re completely covered in darkness and unable to move forward. Or, we can be like Atreyu and trudge on, steadily, one step at a time, until we reach the other side. Next time you feel the weight of the world on your shoulders and you’re not sure how to get unstuck, try a few of these 10 steps forward: ■ Connect with others — Call up five old clients to see how they’re doing. Make it a friendly connection: Don’t ask for business or referrals; just make a genuine inquiry to see how they
Heather STEELE | are. ■ Drop crumbs — Find a forum, LinkedIn group, Facebook group or some other place where your potential customers hang out online, and answer 10 questions. Don’t pitch your services, but do casually place your contact information in your signature. ■ Write a blog post — Don’t have a blog? Publish on LinkedIn or Medium. If you’re not sure how to start, here’s a handy guide to starting a blog: http:// bridgetwillard.com/how-to-starta-blog. ■ Get away from your computer — Get out of the office and go to a networking event. If you’re in Denton, this breakdown of favorite groups (http://bluesteelesolutions.com/small-
business-networking-denton) can help you find the one that’s right for you. ■ Meet a colleague for coffee or over video chat to talk about your struggles — Sometimes just saying it out loud is all you need to move forward. They may have a few nuggets of advice to share. ■ Self improvement — Use this slow period to increase your skill set. Jump into Lynda.com (which is free if you have a library card in Denton) go to a live event, or just read some great blog articles that will help you improve. Pick one trait or skill to focus on at a time, or else you’ll become overwhelmed. ■ Move your body — Go for a run, do some pushups or find a local yoga class. Most of us live very sedentary lifestyles, and a little activity releases endorphins and helps you improve your outlook. You’ll also be able to think more clearly and objectively when you have a little change of scenery. We take five-minute breaks throughout the day and use the Sworkit app to get a quick workout in. ■ Look inward — Review your past projects and evaluate
the types of work and clients that are really the best fit for your business. It can be very tempting during slow times to take on any work you can, but something that’s really not a good fit for your business will cost you more in the long run. You can use our Customer Persona Template (http://bluesteelesolutions.com/ customer-persona-template) to help define whom those ideal customers are. ■ Solidify your brand — Take some time to really think about who you are as a business and what makes you unique. If you’re having a hard time narrowing it down, that could be part of the reason that business is slow. Grab the Brand Personality Worksheet (http://bluesteelesolutions.com/branding-strategypersona-workbook) to help you define your unique brand. ■ Stop going it alone — Ask for help. This one’s hard, and as entrepreneurs it is so counterintuitive to our personalities. Tell your friends and family what kind of leads you need, ask your local chamber of commerce about resources available, find a small business incubator, or ask others in your industry if they
January 2016
Photo by Mark Oristano
Atreyu’s steady progress can inspire ways to get out of a business rut. ever get leads that aren’t a great fit for them but might be perfect for you. No one can do this alone — you can’t get totally unstuck by yourself. What do you do when you feel stuck? It’s easy to come up with ideas when you’re not feeling the weight of the world on your shoulders. Create your own “Getting Unstuck Checklist” and design your own map, then hang on to it, because at one point or another we all feel like we may just give up and sink to the bottom. There’s an Atreyu inside who’s willing to trudge on and make it to the other side. HEATHER STEELE is the founder of Blue Steele Solutions. She can be reached at heather@bluesteelesolutions. com.
Transfer restrictions key in ownership I
ndividuals form business organizations for various reasons. Some of the most common reasons are to address tax matters, limit liability, provide a specific or perpetual duration, and address ownership transferability issues. The Texas Business Organizations Code (TBOC) authorizes individuals to form three general type of entities: partnerships, corporations and limited liability companies. While there are other forms of entities that may be used for particular professions or other specific uses (such as nonprofit or limited-liability entities), these three forms compose the most commonly used entities. The partnership form is further
Scott ALAGOOD | divided between general partnerships and limited partnerships. Why is it important to address transferability issues in a business organization? For one, the success of a business, particularly a small business, typically hinges upon the abilities of the
owners, who usually are also the managers. It is important that each owner know with whom he or she is conducting business. Furthermore, the owners at some point may wish to sell their interests in the entity. Since there is no ready market for investors of small business interests, transfer restrictions in the form of buy-sell agreements can be used to create a market and set a reasonable price. In other instances, transfer restrictions can assist with compliance to state and federal laws. Certain corporations may be exempt from securities registration under federal and state law where transfer restrictions are used.
In most instances, the owners of a business organization may set up their own transfer rules in a written agreement. For corporations, those rules may be set forth in the bylaws but typically are found in a separate document referred to as a shareholder agreement. For partnerships, transfer restrictions are set forth in a partnership agreement. For LLCs, the company agreement contains the transfer restrictions. If the owners fail to provide their own transfer rules, the TBOC will regulate such transactions. Leaving aside the corporate form, the rules set forth in the TBOC for partnerships and LLCs are similar. Before becom-
ing an assignee partner or member, consent of all of the partners or members must be obtained. In those instances where consent has not been obtained, a transfer of an ownership interest will not result in the assignee achieving partner or member status. However, the mere assignment without consent (absent an express written agreement to the contrary) will not void the transfer of the interest to the assignee. Unless restricted or prohibited by the partnership, company agreement or other document, a partner or member may freely assign his or her interest to another party. ALAGOOD | CONTINUED ON PAGE 17
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January 2016
Enterprising Voices
Investing in 2016 “Those who have knowledge, don’t predict. Those who predict, don’t have knowledge.” — Lao Tzu, Chinese poet, sixth century B.C.
A
s 2015 wanes and the year begins anew, there is much banter about what lies ahead in the financial markets. Some might want to begin where 2015 left off. The broad market indices, like the Dow Jones Industrial Average and the S&P 500 index, were basically flat last year — down a little from a pure priceperformance perspective, up a fraction after dividends. If you look under the hood of those indices, you find a much more complex story. A handful of the biggest, most popular stocks contributed a large portion of the positive gains for those indices. Companies like Facebook, Amazon, Netflix and Google largely kept the S&P near the zero line. The majority of other Fortune 500 companies disappointed last year. So one of the big questions that market forecasters are wrestling with is: Will the big winners of 2015 fall to the levels of the broader company set, or will the broader company mix rally in 2016 to look more like the leadership group of last year? Some argue that this lack of breadth is a precursor of bad things to come in 2016. The last time the market “breadth” was so narrow included ill-fated years like 1999 and 2007. This might suggest we are close to a nearterm top in the market. Others argue that the downturns that followed those interim
Jonathon FITE | market tops were driven by economic recessions and many of the typically recession indicators are not flashing red. This might portend that the broader-set companies that disappointed last year are primed to rally in 2016 as long as a recession is kept at bay. We have written in the past that the oil price levels of today are uneconomic for the producers of the world’s most valuable commodity. And, in a commodity world, low prices tend to be the cure for low prices. As the lack of investment and natural decline curves kick in, it is easy to argue that energy names might be oversold if you have a long-term horizon. The key here will be to understand which companies can survive the current pains and make it through the other side without massively diluting their shareholders or restructuring altogether. With oil prices in the tank, leading to cheaper refills at the gas pump, most consumers should benefit. The decline in gas prices is akin to a massive tax cut for the middle class. This may be one of the reasons why big consumer-discretionary stocks like Home Depot and Nike did well last year. With that said, most energy-related companies were
crushed in 2015 and any recovery from these bad to “less bad” conditions could spark a meaningful rally in those names in 2016. Much of this might depend on where the Federal Reserve decides to tread in the year ahead. 2015 witnessed the first Fed rate hike in almost a decade. The financial mandarins predicted in December that another four rate hikes were in the cards for 2016, indicating that we would exit this year with a shortterm Fed funds rate over 1 percent. Unfortunately, the Fed’s forecasts for economic growth have been consistently too high since the recession, and many predict that the Fed may hike rates once or twice more before having to reverse course again. At the end of the day, most of this talk is interesting banter for the coffee shop or water cooler. It is much less insightful for making investment decisions. We still contend that investors should pursue one of two paths outlined by Warren Buffett. ■ “When an investor who does not understand the economics of specific businesses nevertheless believes it in his
interest to be a long-term owner of American industry, that investor should both own a large number of equities and space out his purchases. By periodically investing in an index fund, for example, the know-nothing investor can actually outperform most investment professionals.” In summary, for those investors who are too busy to analyze individual companies but still want to benefit from the long-term returns of U.S. economic growth, Buffett advises a simple dollar-cost average approach into a low-cost mutual fund or exchange traded fund. ■ “On the other hand,” Buffett goes on to say, “if you are a know-something investor, able to understand business economics and to find five to 10 sensibly priced companies that possess important long-term competitive advantages, conventional diversification makes no sense for you. … In the words of the prophet Mae West: ‘Too much of a good thing can be wonderful.’” So, we open 2016 with a consistent message. It’s probably best that each of us spend more time on investing than we do mowing our lawns. For those willing to invest the time to understand what they own, history shows that a portfolio grounded in large margins of safety — where the intrinsic value of the businesses we invest in is substantially higher than the
Andy Jacobsohn/DMN file photo
In 2016, investors should pursue one of two paths outlined by Warren Buffett. prevailing market price — is the only proven strategy for outperformance over the long run. Focus on knowledge and ignore the predictions. JONATHON FITE is a managing partner of KMF Investments, a Texas-based hedge fund. Jonathon is an adjunct professor with the College of Business at the University of North Texas. This column is provided for general interest only and should not be construed as a solicitation or personal investment advice. Comments may be sent to email@KMFInvestments.com.
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Enterprising Voices
Planning sessions ahead for chamber T
he Denton Chamber of Commerce’s 2016-17 program year will begin April 1, which happens to coincide with the chamber’s current fiveyear strategic plan cycle. As a result, our board of directors will have several key initiatives to consider over the next few months. As is our typical process, the chamber board will conduct a program planning session on the afternoon of Friday, Feb. 5 to focus on priorities for the new chamber year. The itinerary will be expanded to review and weigh progress from the long-term roadmap adopted in 2012. Our basic structure is unlike any other local chamber in the Dallas-Fort Worth area, as we support four affiliate organizations. We’ve administered ex-
Chuck CARPENTER | ternal marketing contracts with the city of Denton to operate the Convention & Visitor Bureau and the Office of Economic Development for the last 40 and 30 years, respectively. Thanks to the economic development agreement, we also make office space available for the Small Business Development Center in cooperation with North Central Texas College and the
U.S. Small Business Administration. Our on-site counsellor advised 277 existing businesses and potential entrepreneurs during the program year ending March 31, 2015. We’re one of only two local chambers in the area that provide this level of assistance to small businesses. Our leadership development program is in its 31st year, having graduated 524 individuals, including two former mayors, one current member of the City Council and two incumbent trustees on the Denton school board. All of this obviously makes our chamber a very dynamic and vibrant organization. Every few years or so, however, we think it’s healthy to assess the original underpinning, which is essentially the 800 local busi-
DRC file photo
State Rep. Myra Crownover Crownover, R-Denton, announced last year she would not seek another term as District 64 representative. All five announced candidates for her seat have been invited to meet with the Denton Chamber of Commerce board. nesses that make up our membership. We’ll be looking at how all of these major moving parts
interact during the Feb. 5 session. We’ve also invited all five announced candidates for Texas House District 64 to join the board for lunch prior to the planning session, with the intent of offering an opportunity for brief informal presentations about their respective legislative interests and priorities. The symbolic transition of our top leadership and new program year will take place March 24 at the Gateway Center at the University of North Texas. Call the chamber office at 940382-9693 for more details. CHUCK CARPENTER is the president of the Denton Chamber of Commerce. He can be reached at dcoc@ dentonchamber.org.
Denton Business Chronicle
January 2016
10 Denton Business Chronicle
Cover Story
January 2016
The year ahead
Photo by Kristen Watson
The Rayzor Ranch Town Center shopping center is set to open this year, starting with Raising Cane’s in the spring.
By Jenna Duncan
Many of the major business announcements of 2015 now mean big openings in 2016. These are the largest projects to follow in 2016, as picked by Denton Record-Chronicle staff: RAYZOR RANCH TOWN CENTER The highly anticipated shopping center is set to open several
stores by the end of the year, starting with Raising Cane’s chicken fingers this spring. Across the street from the
successful Rayzor Ranch Marketplace, this project finally broke ground in May, and will be anchored by a Cinemark Movie
Bistro and WinCo Foods. Since the project broke ground, a large portion of the work was to build required roads and water lines, taking up time without putting up walls, said Stephanie Whitlow, director of marking and communications for the project’s owner, RED Development.
“Rayzor Ranch has several projects going to Planning & Zoning soon in support of the continued development at the site,” she said in an email. “The project is progressing with major infrastructure to provide access and utility service to the new stores and businesses at Rayzor Ranch.”
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January 2016
Photo by David Minton
Montreal-based Premium Beat has opened a Denton office at the Railyard development on East Hickory Street. Once Raising Cane’s opens, several will follow close behind, Whitlow said. Chili’s and WinCo Foods will open this spring, she said. Additionally this year, a multi-tenant strip will open with Envy Nail Spa, Great Clips, a Penn Station sandwich shop and Sleep Number mattress store. Additional tenant announcements are expected this quarter, Whitlow said. RAILYARD The first two offices are in, but several more businesses and a co-working space will open in the Railyard, the newest Martino Group project downtown. Retail and office space on the ground floor started to open in mid-November, and now two tenants are working out of the offices at 608 E. Hickory St. — Premium Beat and Swash Labs. “It seemed like it would be a
really good fit for us and give us an opportunity to commit to a new development in Denton, be an anchor and set up shop in an area set up for explosive growth,” said Josh Berthume, founder of Swash Labs. To come in 2016 are a citysponsored co-working space where people can rent desk space by the month to do freelance work or start a company, some retail stores and 105 apartments above the office and retail space. The combination of startups and like-minded businesses was a big draw for Danny Greer, who heads the Denton arm of Montreal-based Premium Beat. “It’s a good vibe, honestly. We’ll be by folks with common interests,” he said. “I think it is beneficial for recruitement and building the Denton tech-creative community, and we have a 2016 | CONTINUED ON PAGE 12
Photo by Kristen Watson
The Railyard development is under construction and partially open on East Hickory Street.
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Cover Story Market will be the first direct competitor to Kroger at 5021 Teasley Lane, which is about five miles from any other grocer in Denton. In the second quarter, Sprouts will open almost next door to Kroger with 30,000
January 2016
Photo by Kristen Watson
Wal-Mart Neighborhood Market has been built on South Teasley Lane. 2016 | CONTINUED FROM PAGE 11
lot of room to grow here.” WINCO FOODS DISTRIBUTION CENTER Announced in December, work is underway on WinCo Foods’ first distribution center in Texas, at 300 S. Western Blvd. The 800,000-square-foot facility expects to open as early as December, but the project spans further than the center itself. The company is doing water, wastewater and road improvements as part of the deal, something the city planned on funding with a tax increment reinvestment zone in the future, said Aimee Bissett, Denton’s director of developmental services. Additionally, WinCo is building a 60,000-square-foot truck maintenance center and has the potential to expand another 130,000 square feet in the future. The facility will serve as a regional hub for grocery distribution, with expansive sections
for frozen foods, canned goods, fish, meat and produce. It is the biggest economic development deal the city has ever landed, and the company will start hiring for positions later this year. It estimates bringing in 165 new employees with an average annual wage of $44,000. The WinCo Foods grocery store set to open this spring at Rayzor Ranch Town Center will be the distribution center’s grocery anchor. TEASLEY LANE The southern portion of Teasley Lane in Denton has been getting road improvements for the past year, and multiple new businesses are building along the road in Denton toward Corinth. First to open will be a new Wal-Mart Neighborhood Market, set to open Jan. 13. The company hit major construction delays, as the 41,179-square-foot store was scheduled to open in the fall of 2014. Wal-Mart Neighborhood
square feet. The site also has space for two 8,000-square-foot pad sites along Teasley that could be developed for shopping or dining. A mile and a half down the road, CVS Pharmacy also is finishing up a new location.
However, a representative for the company couldn’t find information on the project. JENNA DUNCAN can be reached at 940-566-6889 and via Twitter at @JennaF Duncan.
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Business Spotlight
Old guard, ‘New Urbanists’ clash over city’s future By James Barragan and Marty Toohey | Austin American-Statesman AUSTIN (AP) — Brian Gannon thinks it was partly a vocabulary problem. Gannon had grown tired of what he considers an unhealthy instinct among some Austinites to fight change. But he said his fellow urbanists have relied too heavily on wonkish language, or dismissing their political opponents as NIMBYs (not-in-mybackyard types). Last year he began using a new term, one that he and fellow Austin urbanists hope conveys their approach in a succinct way: The “YIMBY” (or “yes in my backyard”). The term has been used in other cities. But in Austin its use has accompanied a new, more aggressive political stance by groups that say this city shouldn’t fight urbanization. Urbanists hope that by adopting a new approach, such as affixing the YIMBY label to the projects they do want in their backyard — more central-city apartments, a startup facility for musicians, Austin’s new Central Library and the University of Texas’ new Dell Medical School — they can reframe the debate about what kind of city Austin wants to be. “What you get with [an urbanist approach] is restaurants, efficient public transportation, walkable neighborhoods, more affordable housing, businesses with universal appeal,” said Gannon, who lives in a subdivision in the Crestview neighborhood designed partly to draw riders to MetroRail. “YIMBY means, if you work with developers, you can get what you want — as long as you get it in writing.” That philosophy is embodied
by the rise of new neighborhood groups formed to challenge the long-established ones. In North Austin’s Crestview neighborhood, Gannon founded a splinter group, the Midtown Commons Neighborhood Association, in part because he disagreed with neighborhood leaders’ support for a city-sanctioned gate. The Crestview gate, which keeps Midtown Commons development traffic from reaching neighboring Morrow Street, is the antithesis of the kind of compact, connected city Austin should become, Gannon told the Austin American-Statesman. Old-guard neighborhood activists say their new counterparts are trying to tear up neighborhood plans that took years to craft. Many resent being portrayed as NIMBYs in the snarkladen social media posts of some of the new generation of urbanists. And they accuse the new neighborhood groups of carrying water for real estate interests. “They’re the big-development community. I think [developers have] found people who will do their work for them,” said Mike Lavigne, a Crestview resident who opposes the urbanist groups. “The biggest difference between us is that when they see a nice, quiet tree-lined street, they see an opportunity for a parking lot and I see a place where I can take my kid to go ride his bicycle.” The “New Urbanist” philosophy champions the kind of development that can support lots of people living along major corridors, with an emphasis on transit and other alternative modes of transportation. In the early 2000s, central-
Ralph Barrera/Austin American-Statesman, AP
Brian Gannon stands Nov. 18 by a gate that closes off Austin’s Midtown Commons development to Morrow Street. city developers and environmental interests formed a politically potent, if uneasy, alliance based on the notion that if Austin could build the housing and accompanying infrastructure to accommodate more residents in
its urban core, fewer people would move into the environmentally sensitive Hill Country lands to the west. But as that vision became reality, many central-city voters grew leery of what they perceived
to be a rush to urbanize that would spill into their quiet neighborhoods. Many saw the urbanist movement not as a way to deal with Austin’s supercharged growth, but an approach that encourages such growth.
Denton Business Chronicle
January 2016
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January 2016
15
Business Mixers
Denton Business Chronicle
Denton Chamber of Commerce
January 2016
The Denton Chamber of Commerce held a quarterly membership luncheon.
Courtney Kennedy, right, poses with door prize winners.
From left, Glen Farris, Joey Hawkins and Jill Jester rap about Denton.
Jacee Kiefer, left, and Jeff King, right, present Outstanding Mid-Year LEAD Delegate Awards to Dionna Charles and Tim Smith.
Denton County Transportation Authority officials attend the luncheon.
John Baen of the University of North Texas College of Business gives a 2016 economic forecast.
16 Denton Business Chronicle
January 2016
Business Mixers
Enterprising Voices
Ribbon-cuttings
ALAGOOD | CONTINUED FROM PAGE 7
The Denton Chamber of Commerce celebrated businesses and organizations with ribbon-cutting ceremonies.
Simmons Floor Covering
VNA Ann’s Haven
Monthly News Recap RECAP | CONTINUED FROM PAGE 2
former Allen standout. Morris is in the process of receiving his release from Alabama and intends to finish his career at UNT, a source close to the situation said. Morris spent his first season at Alabama as a redshirt and played sparingly the last three years. He has one season of eligibility remaining. Morris will arrive at UNT as a fifth-year senior transfer who would be eligible immediately. New UNT coach Seth Littrell took over the Mean Green program following the 2015 season and vowed to install the highpowered passing attack that
made him one of the nation’s up-and-coming offensive coordinators. He spent time at Arizona and Indiana before guiding North Carolina’s offense last season.
Denton Bible, St. Andrew hold services after threat The faithful at two Denton churches celebrated Christmas Eve as planned, albeit with increased police presence outside and additional security measures inside. Denton Bible Church and St. Andrew Presbyterian Church received bomb threats through the mail earlier in the week.
St. Andrew officials drafted a letter of response to the congregation and community. The letter gave notice of extra security around the church grounds during the day and an off-duty officer who would be sweeping the grounds before services. The Denton County Sheriff’s Office said upcoming church security workshops were in the planning stages months before three Denton congregations were criminally targeted in December. The sheriff’s office will conduct workshops with Training Force USA, an association that teaches law enforcement, community groups and private companies how to prevent and respond to crises.
The preceding rule also applies to the transfer of corporate shares. However, without the consent of all owners, the assignee will not be entitled to exercise the rights or powers of a partner or member in the entity, nor will the assignee become liable as a partner or member solely because of the transfer. Instead, the assignee is entitled to be allocated any income, gain, loss, deduction, credit or similar items, and to receive distributions to which the assignor was entitled, to the extent that such are part of the assigned interest. For corporations, the owner’s (or shareholder) interests in the company generally are freely assignable unless otherwise agreed to in writing between the owners or disallowed under the TBOC. For small business corporations, the implementation of a shareholder’s agreement is of particular importance. The shareholder’s agreement allows the owners to predetermine the manner in which their relationship will operate and is akin to a partnership or company agreement. Without a shareholder’s agreement, minority shareholders may have little or no recourse to control how disputes are resolved. They may be unable to remove themselves from the corporate ownership structure without a significant financial loss. Majority shareholders may try to squeeze or freeze out the minority shareholders and force
them to sell their interests for less than they are worth. Shareholder agreements usually will contain one or two types of transfer restrictions: mandatory buy-sell and firstoption buy-sell agreements. A mandatory buy-sell is triggered by a specified event, such as the death, disability or divorce of a shareholder. When the event occurs, either the corporation or the other shareholders are required to purchase the shareholder’s interest pursuant to specified pricing and payment terms contained in the agreement. A first-option buy-sell reserves the right of all shareholders or the corporation to purchase shares in preference to third parties. As opposed to the mandatory buy-sell, the firstoption buy-sell does not require that the other shareholders or corporation purchase the selling shareholder’s interest, but instead allows them to do so if they so choose. If the option is not fully exercised, then the shareholder is allowed to consummate a sale to a third party. Restrictions on transfer are important aspects of doing business as a Texas business organization. Failure to obtain and use them can result in unintended consequences to the business and its owners. R. SCOTT ALAGOOD is certified by the Texas Board of Legal Specialization in commercial and residential real estate law. He can be reached at alagood@dentonlaw.com.
Vital Statistics ASSUMED NAMES
The following names (followed by DBA and address) were posted in December at the Denton County Clerk’s office. NAME — DBA/ADDRESS
NAME — DBA/ADDRESS
Christiana Anyanwu, Sweet Sugar Cupcakes and Confections, 1103 Bernard St., Apt. 422B, Denton Courtney Swearingen, Rooted Heart Farm, 1599 Mingo Road, Denton David Ashley, DJA Fitness, 1407 Bernard St., Denton Eric Hansen, Hansen Aerospace, 25133 Chebi Lane, Denton Jesse Del Rio, Armstrong, Knight & Associates, 2020 Loon Lake Road, Denton Jimmy K. Curtin, Next Level Sales Performance, 4205 Sweetgum Drive, Denton Luke Musick and Michelle Obaldo, Oak Real Estate, 2320 Kingston Trace, Denton Margaret Hook, Monterey Car Co. and parts, 1401 Fort Worth Drive, Denton
Mary Adame, Lulac Youth 1126, 1007 Fulton St., Denton Michael Barnes and Kal Malik, Francesca’s Collections Inc., 201 S. I-35, Suite P-12, Denton RebeccaBradford, Denton Eye Doctors, 207 W. Hickory St., Suite 102, Denton Stephanie Gohlke, BookkeeperMe, 8816 Seven Oaks Lane, Denton Stephanie Gohlke, Gohlke Girls, 8816 Seven Oaks Lane, Denton Tha M. Huynh, North Texas Vapors, 347 E. Hickory St., Denton Vanphaphone Rick Linavong, Mack Dental, 1607 E. McKinney St., Suite 100, Denton
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January 2016
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January 2016
Vital Statistics MIXED BEVERAGE TAX
The following mixed beverage tax information was issued by the state comptroller’s office for December. The list includes the name of the business, address and reported tax.
380 Roadhouse LLC, 26781 E. U.S. Highway 380, Little Elm, $0 380 Roadhouse LLC, 26781 E. U.S. Highway 380, Little Elm, $1,920.22 940s Kitchen & Cocktails, 219 W. Oak St., Denton, $2,034.85 American Legion Post 550, 905 N. Foundation, Pilot Point, $969.69 Andy's Bar And Grill, 122 N. Locust St., Denton, $5,440.46 Angelina's Mexican Restaurant, 1400 N. Corinth St., Suite 111, Corinth, $855.45 Applebee's Neighborhood Grill, 707 S. I-35E, Denton, $2,851.11 Applebee's Neighborhood Grill, 2672 FM423, Little Elm, $2,192.03 Aramark Educational Services, 303 Administration Drive, Denton, $54.87 Ashton Gardens, 2001 Ashton Gardens Lane, Corinth, $2,455.21 B.P.O.E. Denton No. 2446, 228 E. Oak St., Denton, $668.39 Barley & Board, 100 W. Oak St., Suite 160, Denton, $4,489.60 Best Western Area Crown Chase, 2450 Brinker Road, Denton, $384.17 BJ's Restaurant & Brewery, 3250 S. I-35E, Denton, $4,066.63 Black-Eyed Pea, 2420 S. I-35E, Denton, $96.27 Bono's Chop House & Saloon, 2025 N. U.S. Highway 287, Decatur, $1,664.81 Boomerjack Wings No. 8, 407 W. University Drive, Denton, $1,119.50 Brunswick Zone Denton, 2200 San Jacinto Blvd., Denton, $809.89 Buffalo Wild Wings Grill & Bar, 1400 S. Loop 288, Suite 110, Denton, $3,379.48 Cabana Beverages Inc., 2330 W. University Drive, Denton, $171.92 Casa Torres Mexican Restaurant, 2708 FM51, Decatur, $1,143.02 Chili's Grill & Bar, 600 S. U.S. Highway 287, Decatur, $2,549.08 Chili's Grill& Bar, 2406 S. I-35E, Denton, $1,986.95 Chilitos Private Club Inc., 619-623 S. Denton Drive, Lake Dallas, $344.24 Chipotle Mexican Grill, 1224 W. Hickory St., Denton, $40.33 Chuy's Denton, 3300 Wind River Lane, Denton, $4,061.27 Cool Bean's, 1210 W. Hickory St., Denton, $2,962.47 Courtyard By Marriott, 2800 Colorado Blvd., Denton, $207.56
Crossroads Bar, 1803 N. Elm St., Denton, $1,003.86 Crossroads Bar, 1803 N. Elm St., Denton, $1,062.82 Dani Rae's Gulf Coast Kitchen, 2303 S. I-35E, Denton, $960.91 Dan's Silverleaf, 103 Industrial St., Denton, $2,900.76 Denton Country Club, 1213 Country Club Road, Argyle, $2,185.87 Drunken Donkey Bar & Grill, 3350 Unicorn Lake Blvd., Denton, $6,191.33 Dusty's Bar & Grill & Haileys, 119 S. Elm St., Denton, $3,823.42 East Side Denton Oak Street, 117 E. Oak St., Denton, $9,102.28 El Fenix-Denton Texas, 2229 S. I-35E, Denton, $807.35 El Guapo's, 419 S. Elm St., Denton, $690.90 Ernesto's Mexican Restaurant, 10279 E. FM455, Suite 1, Pilot Point, $1,753.99 Frilly's, 1803 S. U.S. Highway 287, Decatur, $1,946.08 Fry Street Public House, 125 Ave. A, Denton, $6,602.85 Fuzzy's Taco Shop, 109 N. State St., Decatur, $1,148.31 Fuzzy's Taco Shop, 115 Industrial St., Denton, $721.05 Fuzzy's Taco Shop, 2412 S. I-35E, Denton, $2,220.84 Fuzzy's Taco Shop, 1044 Maple St., Suite 101, Sanger, $237.85 Fuzzys Taco Shop, 421 S. U.S. Highway 377, Argyle, $627.85 Fuzzy's Taco Shop Cross Roads, 11450 U.S. Highway 380, Suite 160, Cross Roads, $1,129.35 Genti's Private Club Inc., 3700 FM2181, Hickory Creek, $791.80 Hannah’s, 111 W. Mulberry St., Denton, $2,786.53 Harvest House, 331 E. Hickory St., Denton, $5,981.96 Hickory & Fry, 1206 W. Hickory St., Denton, $841.85 Hickory Street Lounge, 212 E. Hickory St., Denton, $2,352.10 Hilton Garden Inn Denton, 3110 Colorado Blvd., Denton, $642.19 Holiday Inn Denton, 1434 Centre Place Drive, Denton, $222.37 Hooligans LLC, 104 N. Locust St., Denton, $4,388.36 Hooters, 985 N. I-35E, Denton, $3,774.98 Horny Toad Cafe & Bar, 5812 N. I-35, Denton, $1,110.92 Hula Hut Restaurant, 210 E. Eldorado Parkway, Little Elm, $4,584.14 II Charlies Bar & Grill, 809 Sunset St., Denton, $3,859.06 J R Pockets Club, 1127 Fort Worth Drive, Denton, $2,569.91 Jack’s Tavern, 508 S. Elm St., Suite 101, Denton, $2,930.84 Jem Beverage Company LLC, 217 W. Division St., Pilot Point, $10.58
Johnny Carino’s Italian, 1516 Centre Place Drive, Denton, $710.46 Keiichi LLC, 500 N. Elm St., Denton, $221.90 Kobe Sushi & Steak LLC, 2832 E. Eldorado Parkway, Suite 208, Little Elm, $209.77 La Casa Velez, 2831 W. Eldorado Parkway, Suite 112, Little Elm, $722.52 La Milpa Mexican Restaurant, I820 S. I-35E, Unit 1, Denton, $774.45 Lake Cities Post No. 88, The A, 105 Gotcher Ave., Lake Dallas, $1,429.44 Lake Dallas Point Restaurant, 303 Swisher Road, No. 100, Lake Dallas, $1,729.47 Lake Ray Roberts Area Elks Lodge, 1601 Marina Circle, Sanger, $159.92 Lantana Golf Club, 800 Golf Club Drive, Argyle, $1,219.19 Las Cabos Cantina, 4451 FM2181, Corinth, $44.82 Las Cabos Cantina, 4451 FM2181, Corinth, $45.76 Lone Star Attitude Burger Co., 113 W. Hickory St., Denton, $3,947.50 Los Jalapenos Restaurant, 420 E. Eldorado Parkway, Little Elm, $160.06 Lowbrows Beer and Wine Garden, 200 W. Washington St., Pilot Point, $509.46 Lucky Lou's, 1207 W. Hickory St., Denton, $7,174.09 Mable Peabody's Beauty Parlor, 1125 E. University Drive, Suite 107, Denton, $1,177.79 Mellow Mushroom, 217 E. Hickory St., Denton, $1,451.62 Meritt Ranch Beverages Limited, 2946 W. Ganzar Road, Denton, $291.78 Metzlers Food and Beverage Inc., 1251 S. Bonnie Brae St., Denton, $149.41 Mi Taza Latin Tex-Mex Café, 5017 Teasley Lane, Suite 101, Denton, $592.68 Miguelito’s, 1521 E. McCart St., Krum, $621.76 Miguelito’s, 1412 N. Stemmons St., No. 178, Sanger, $913.27 Milestone Events LLC, 1301 W. Sherman Drive, Aubrey, $675.36 Movie Tavern Denton, 4 916 W. University Drive, Denton, $2,287.38 Muddy Jake's Sports Grille, 222 W. Hickory St., Suite 104, Denton, $0 Mulberry Street Cantina, 110 W. Mulberry St., Denton, $2,987.39
Mulberry Street Cantina, 110 W. Mulberry St., Denton, $2,402.15 Norman Heitz Memorial Post 104, 501 Thompson Drive, Lake Dallas, $932.64 Oak Street Drafthouse Club, 308 E. Oak St., Denton, $4,837.80 Oakmont Country Club, 1200 Clubhouse Drive, Corinth, $1,344.42 Ollimac Company, 1400 Corinth Bend, Suite 103, Corinth, $632.88 On The Border, 2829 S. I-35E, Denton, $2,384.73 Outback Steakhouse, 300 S. I-35E, Denton, $1,890.60 Parker Brothers Trail Dust, 1200 S. Stemmons St., Sanger, $375.20 Pedro’s Tex Mex & Grill, 420 E. McKinney St., Suite 100, Denton, $108.33 Pedro’s Tex Mex & Grill, 209 S. Washington St., Pilot Point, $443.54 Pei Wei Fresh Kitchen, 1931 S. Loop 288, Suite 130, Denton, $69.34 Phil Miller Post No. 2205 VFW, 909 Sunset St., Denton, $1,202.31 Pilot Point Columbus Club, 221 N. Prairie St., Pilot Point, $40.26 Pizza Hut, 730 S. U.S. Highway 377, Pilot Point, $30.55 Pollo Tropical Beverages LLC, 2220 S. Loop 288, Denton, $14.74 Prairie House Restaurant, 10001 Highway 380, Cross Roads, $1,194.14 Queenie's Steakhouse, 113 E. Hickory St., Denton, $1,445.45 Red Lobster No. 6349, 2801 S. I-35E, Denton, $1,007.07 Riprock's, 1211 W. Hickory St., Denton, $4,064.68 Robson Ranch Denton Homeowners, 9428 Ed Robson Circle, Denton, $1,220.27 Robson Ranch Denton Homeowners, 9428 Ed Robson Circle, Denton, $1,209.81 Rock 101 Patio Grill, 2833 Eldorado Parkway, Suite 301, Little Elm, $2,955.97 Rockin Rodeo, 1009 Ave. C, Denton, $4,738.64 Rooster’s Roadhouse, 113 Industrial St., Denton, $2,164.77 Rooster’s Roadhouse Decatur, 106 N. Trinity St., Decatur, $1,670.64 Rosa’s Cafe & Tortilla Factory, 1275 S. Loop 288, Denton, $155.64
RT’s Social Club Inc., 1100 Dallas Drive, Suite 124, Denton, $7,093.08 Rubber Gloves Rehearsal Studio, 411 E. Sycamore St., Denton, $541.82 Ruby-Jeans Social Club Inc., 309 N. FM156, Ponder, $742.49 Rusty Taco Denton, 1210 E. Hickory St., Denton, $559.38 Savory Bistro & Gourmet To Go, 2650 E. FM407, Suite 165, Bartonville, $762.99 Sean’s Mesquite Pit BBQ, 401 N. U.S. Highway 287, Decatur, $5.36 Sean’s Mesquite Pit BBQ, 401 N. U.S. Highway 287, Decatur, $26.93 Service Industry, 222 W. Hickory St., Suite 103, Denton, $751.27 Service Industry, 222 W. Hickory St., Suite 103, Denton, $699.88 Shots And Crafts LLC, 103 Ave. A, Denton, $599.71 Side Bar, 109 Ave. A, Denton, $1,297.85 Starbucks No. 6698, 4600 Swisher Road, Hickory Creek, $0 Sushi Café, 1115 W. Hickory St., Suite 117, Denton, $0 Sweetie Pie’s Ribeyes, 201 W. Main St., Decatur, $417.87 Sweetwater Grill & Tavern, 115 S. Elm St., Denton, $1,711.18 Tex Tapas, 109 Industrial St., Denton, $927.68 Texas Roadhouse, 2817 S. I-35E, Denton, $3,162.66 The Abbey Inn Restaurant & Pub, 101 W. Hickory St., Denton, $2,327.04 The Aztec Club, 720 W. University Drive, Denton, $1,208.01 The Bears Den, 11670 Massey Road, Pilot Point, $109.94 The Draft House Bar & Grill, 2700 E. Eldorado Parkway, Suite 250, Little Elm, $2,445.36 The Fry Street Tavern, 121 Ave. A, Denton, $4,099.66 The Garage, 113 Ave. A, Denton, $2,899.89 The Green House, 600 N. Locust St., Denton, $1,496.84 The Labb Club, 218 W. Oak St., Denton, $2,140.04 The Loophole, 119 W. Hickory St., Denton, $3,440.98 The Olive Garden Italian, 2809 S. I-35E, Denton, $1,447.66
MIXED | CONTINUED ON PAGE 19
19
Vital Statistics BUILDING PERMITS
LIENS
The following building permits were issued by the Denton Planning and Development department in December. Commericial alterations and commercial permits reflect the owner or tenant and the address of the business.
The following liens were posted in December at the Denton County Clerk’s office.
STATE TAX LIENS NAME/ADDRESS Pedros Tex Mex & Grill LLC, 420 E. McKinney St., Denton
TYPE Limited sales excise and use tax
AMOUNT $5,733.25
REC. DATE 12/07/2015
FEDERAL TAX LIENS NAME/ADDRESS Firstcare Medical Center, 2185 Brinker Road, Suite 100, Denton William L. Gray, 2800 Fort Worth Drive, Trailer 39, Denton Kathleen R. Piper, 1006 W. Hickory St., Denton Jennifer Simpson Black and T. Black, 5518 Green Ivy Road, Denton Michael G. Murphy, 2304 Eagle Nest Court, Denton Jennifer Simpson, 5518 Green Ivy Road, Denton Harper Directory Distribution Group, 2925 Country Club Road, Suite 103, Denton Camoliner Inc., 2321 N. Masch Branch Road, Suite 344, Denton Clifton W. Hawk, 305 Marietta St., Denton Joshua Macfall, 1114 Anna St., Denton Kim Wells-Hawk, 305 Marietta St., Denton
TYPE 6721 1040 1040 1040 1040 1040 941 941 1040 6672 1040
AMOUNT $1,489.89 $1,712.66 $53,927.89 $3,754.97 $53,741.52 $12,634.69 $11,613.24 $33,818.50 $22,636.02 $16,494.14 $22,636.02
REC. DATE 12/02/2015 12/02/2015 12/02/2015 12/08/2015 12/08/2015 12/08/2015 12/15/2015 12/16/2015 12/16/2015 12/16/2015 12/16/2015
RELEASE OF FEDERAL TAX LIENS NAME/ADDRESS Valentin G. Carmona, 213 Mounts Ave., Apt. 3, Denton Tim W. Parker, 1776 Teasley Lane, Suite 112, Denton
TYPE 940, 941 940, 941
AMOUNT $6,050.68 $5,055.06
REC. DATE 12/02/2015 12/16/2015
CONTRACTOR Inside Story Design and Renovation Noble Classic Homes Inc. Design Classics
AMOUNT $28,281.39 $702,850.00 $655,191.00
REC. DATE 12/03/2015 12/04/2015 12/14/2015
MECHANICS LIENS NAME/ADDRESS Jameson P. and Randi L. Pinson, 312 Old Justin Road, Argyle Bengt and Cathey Johannessen, 2054 Briar Hill Lane, Argyle Vaughn and Ann Andrus, 1101 E. Ryan Road, Denton
SALES TAX
The following sales permits were issued by the state comptroller’s office for November. The list includes the owner, name of business and address within area codes 75065, 75068, 76201, 76205, 76207, 76208, 76209, 76210, 76226, 76227, 76234, 76249, 76259 and 76266.
75065 Azucena Reyes, Suzy Flex, 218 Main St., Lake Dallas Klass Mobility Solutions LLC, Klass Mobility Solution, 210 Forestview Road, Hickory Creek Sonicclean USA LLC, Sonicclean USA LLC, 116 Deerpath Road, Hickory Creek
75068 Annette Dawkins, Ad Designs, 2304 Emerald Lake Lane, Little Elm Crownerknives LLC, Crownerknives LLC, 2688 Redcedar Drive, Little Elm Diana M. Mamlieva, Diana M. Mamlieva, 2112 Benjamin Creek Drive, Little Elm Felisa Faye Anderson, Allure Staging & Décor, 2124 Leisure Lane, Little Elm Martin Hernandez, Hermanos Hernandez, 1709 Megan Creek Drive, Little Elm Timothy Jon Sullivan, ViSully Guitars, 2405 Deerwood Drive, Little Elm T-Mobile Leasing LLC, T-Mobile Leasing LLC 2981, 2700 E. Eldorado Parkway, Suite 403, Little Elm T-Mobile Leasing LLC, T-Mobile Leasing LLC 3602, 2587 FM423, Suite 150, Little Elm
76201 Adriana Barker, Escaping The Square, 109 E. Oak St., Suite 800, Denton Anita Grace Stapleton, Grace Designs, 711 S. Elm St., Denton Jared Linex, Jagoe Unlimited, 1624 W. Oak St., Denton Library Bar Inc., Library Bar, 109 Ave. A, Denton More Fun Inc., More Fun Inc., 516 N. Locust St., Denton Nick Maitland, Bam Auto Glass, 505 Fort Worth Drive, Suite 106, Denton Raising Canes Restaurants LLC, Raising Cane's No. 174, 2705 W. University Drive, Denton Simone Club Simone Club, 815 N. Locust St., Denton TA Operating LLC, Denton Auto/Truck Center, 6420 N. I-35, Denton Texas Moja Foods LLC, Mooyah Denton, 2530 W. University Drive, Denton The Ruales’ Restaurants LLC, Weinberger’s Deli Of Denton, 311 E. Hickory St., Denton T-Mobile Leasing LLC, T-Mobile Leasing LLC 9168, 2710 W. University Drive, Suite 1040, Denton
76205 Bombay Vapor LLC, Bombay Vapor LLC, 2313 S. I-35E, Denton
CVS Pharmacy Inc., Cvs/Pharmacy No. 17228, 1801 S. Loop 288, Denton Francesca's Collections Inc., Francesca's Collections Inc., 2201 S. I-35E, Suite P12, Denton Rainbow Plant Sales Inc., Rainbow Plant Sales Inc., 600 Dallas Drive, Denton SB Hospitality Corporation, Chuck E Cheese's No. 310, 341 S. I-35E, Denton T-Mobile Leasing LLC, T-Mobile Leasing LLC 3411, 2201 S. I-35E, Suite P10, Denton T-Mobile Leasing LLC, T-Mobile Leasing LLC 8015, 1400 S. Loop 288, Suite 128, Denton
76207 Bruce Joseph Goff, Bruce Joseph Goff, 268 W. Windsor Drive, Denton Deal Dash C-Stores Inc., 24/7 Xpresway, 4001 N. I-35, Denton Mike Mckeown, Sandlot Concessions, 3201 N. Locust St., Denton Techjoy Inc., Techjoy Inc., 2301 Eton Place, Denton
76208 Arrow Exterminators Inc., Arrow Exterminators, 5101 E. University Drive, Denton Brandon C. Clough, Infotechnical Consulting, 6503 W. Shady Shores Road, Denton
76209 Antonio C. Briseno, Taco Lady Café, 302 N. Crawford St., Denton Charles Brent Gaither, Gaither Design, 1205 E. Sherman Drive, Denton Randall Steven Cummings, Bomar Sales, 2112 Double Oak St., Denton Virginia O. Ramsey, Scrap, 944 N. Bell Ave., Denton
76210 James E. Leverett, Jl's Guns & Supplies, 1220 Ballycastle Lane, Corinth Jim Specht, Jim Specht, 400 Regency Court, Denton Kristi Roberts, Reselling Kristi Roberts, 1607 Fairway Vista Drive, Corinth Matthew Nafa and Alex Kershner, Double Owl Games, 2411 S. I-35E, Apt. 1237, Denton S & S Sidewalk Café LLC, Sidewalk Café, 2900 Wind River Lane, Denton Texas Badger Online Marketing LLC, Texas Badger Online Marketing LLC, 1918 Sharon Drive, Corinth
The Stash House LLC, The Stash House LLC, 8400 Swan Park Drive, Denton
76226 Active Family Chiropractic LLC, Active Family Chiropractic LLC, 306 N. U.S. Highway 377, Suite J, Argyle Dennis H. Gregg Sr., Sport Motors, 4070 Trey Lane, Suite B, Argyle John Davis & Sten Juhl, Executive Renovations, 1660 Land Fall Circle, Bartonville, 76226 North Texas Deli Provisions Inc., North Texas Deli Provisions, 411 Goodnight Trail, Argyle Walker Three Holdings Inc., Marble Slab Creamery, 3400 E. FM407, Suite 200-10, Bartonville
76227 Cagle Hill Candles LLC, Cagle Hills Candles LLC, 2792 W. Blackjack Road, Aubrey Jeffrey Wayne Preddy, Lonestar Mobile RV Repair, 26878 E. U.S. Highway 380, Little Elm Nortex Redimix LLC, Nortex Redimix LLC, 5191 FM2931, Aubrey Woody Puddy USA Inc., Woody Puddy USA Inc., 26740 E. University Drive, Suite 226, Little Elm
76234 Arrow Exterminators Inc., Arrow Exterminators Inc., 4144 U.S. Highway 380, Decatur Kim Marie Saling, Bath + Bone, 1208 S. FM51, Suite L, Decatur
76249 RJ’s Mountain Bakery LLC, RJ’s Mountain Bakery, 202 W. McCart St., Suite 120, Krum
76259 Miranda Nicole Moore, Moore Cupcakes Please, 517 Lonestar Park Lane, Ponder
76266 Carol S. Harper, Captures Memories Live, 1805 Bucklew St., Sanger Tammy L. Bryant, Bolivar Street Savvy Resale Boutique, 202 Bolivar St., Sanger
CERTIFICATES OF OCCUPATION Brian Downe, 1800 S. Loop 288, No. 396 Bruce Brown, 3835 Market St. City of Denton, 300 S. Woodrow Lane County of Denton, 2281 N. Masch Branch Road, No. 200 Greenway Investment, 711 Sunset St., No. 102 Ffox Investments 2421 N. Bell Ave., Building 1 2421 N. Bell Ave., Building 2 2421 N. Bell Ave., Building 3 2421 N. Bell Ave., Building 4 2421 N. Bell Ave., Building 5 2421 N. Bell Ave., Building 6 2421 N. Bell Ave., Building 7 2421 N. Bell Ave., Building 8 2421 N. Bell Ave., Building 9 2421 N. Bell Ave., Building 10 2421 N. Bell Ave., Laundry Mat 2421 N. Bell Ave., Office 2421 N. Bell Ave., Maintenance Shop 2421 N. Bell Ave., Storage 2421 N. Bell Ave., East Garage 2421 N. Bell Ave., West Garage Guiying Zhang, 611 Sunset St., No. 103 James Richard, 3737 Mingo Road, Suite 104 Jeff Reinhart, 1100 S. Woodrow Lane Jeremy Forman, 314 Dallas Drive, No. 100 John H. Grafa, 306 Dallas Drive, No. 100 Karcher Group, 1026 Shady Oaks Drive, No. 103 Martino Realty Ltd., 3923 Morse St., Suite 120 Nick Maitland, 505 Fort Worth Drive, No. 106 RREC Denton Truckport, 2401 Worthington Drive, No. 127 Scripture Doctors Park, 1614 Scripture St., Suite 5 Southridge Partners Ltd., 2430 S. I-35E, Suite 246 Steve Magers, 2101 W. University Drive Thao M. Huynh, 347 E. Hickory St. Xiaofanc, 4226 N. I-35
COMMERCIAL ALTERATION Akers Towing, 715 Dallas Drive All Phase Electric, 2320 W. Prairie St. BCI Mechanical Plumbing, 920 Dallas Drive, No. 106 Burger Time Machine, 301 W. University Drive Caliber Construction, 1701 Spencer Road CamoLiner Inc., 2271 N. Masch Branch Road, No. 1 Crown Castle USA Inc., 903 S. Mayhill Road Dalton Allen, 417 Withers St. Dillard’s Department Store, 2201 S. I-35E Harvest House, 331 E. Hickory St. John S. Adami, 1922 N. Locust St. Li Luna, 1009 Ave. C Orlando Concrete Inc., 1721 Teasley Lane Stonecreek Dental, 2430 S. I-35E, No. 178
COMMERCIAL Lockard Denton LLC, 3930 Teasley Lane United Copper Industries, 2727 Geelsing Road
RESIDENTIAL Beazer Homes 7413 Bishop Pine Road 3216 Hawks View Lane Bloomfield Homes, 9116 Athens Drive Country Lakes West LLC 6404 Meandering Creek Drive 6408 Meandering Creek Drive 6221 Meandering Creek Drive DR Horton 5820 Glenwood Drive 5900 Glenwood Drive 2217 Lighthouse Drive Forestar Real Estate Group, 3109 Key Largo Court HMH Lifestyles LP 3109 Camino Real Trail 3400 Camino Real Trail 3404 Camino Real Trail Innovation Builders, 4908 Brookside Lennar Homes 1901 Sapphire St. 1908 Sapphire St. 2001 Leonis Road 4001 Roxbury St. 2005 Leonis Road 4005 Roxbury St. LGI Homes, 2501 Summer Trail Drive Robson Denton Dev. LP 10001 Obsidian Drive 10005 Obsidian Drive 9801 Ironwood Drive 9824 Ironwood Drive 9829 Ironwood Drive 9804 Ironwood Drive 9901 Baywood Court 9300 Ambrosia Court 9812 Blackwood Drive 9208 Ambrosia Court 11809 Southerland Drive 9808 Blackwood Drive 10121 Obsidian Drive 10125 Obsidian Drive 9520 Crestview Drive 9909 Orangewood Trail
MIXED BEVERAGE TAX
The following mixed beverage tax information was issued by the state comptroller’s office for December. The list includes the name of the business, address and reported tax.
MIXED | CONTINUED FROM PAGE 18 Toms Daiquiri Place, 1212 W. Mulberry St., Denton, $786.84 Tower Tap House, 290 E. Eldorado Parkway, Little Elm, $2,418.43 University Lanes, 1212 E. University Drive, Denton, $823.49 Verona Pizza Italian Restaurant, 201 Loop 81, Decatur, $38.86 Villa Grande Mexican Restaurant, 12000 U.S. Highway 380, Suite 100, Cross Roads, $1,307.57
Villa Grande Mexican Restaurant, 2530 W. University Drive, Suite 114, Denton, $1,345.76 Vitty’s Sports Bar, 1776 Teasley Lane, Suite 102, Denton, $1,879.14 Vizcarra, 114 W. Congress St., Denton, $0 Walters Tavern, 201 Main St., Lake Dallas, $2,162.22 Wildhorse Grill, 9440 Ed Robson Circle, Denton, $52.46 Wildhorse Grill, 9440 Ed Robson Circle, Denton, $0 Wing Daddys Sauce House, 2763 E. Eldorado Parkway, Suite 105, Little Elm, $2,504.32 Wing Town, 4271 FM2181, No. C316, Corinth, $0
Denton Business Chronicle
January 2016
20 Denton Business Chronicle
January 2016