February Denton Business Chronicle 2016 by Denton Media Company

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Monthly News Recap Businesses on the move

What’s opened, what’s closed, etc. Smoothie and juice bar Juice Lab is now open at 508 S. Elm St., Suite 104. The business has been a longtime staple at the Denton Community Market, with vegan baked goods and juice creations. Altitude Trampoline Park, an indoor park full of trampolines, is now open at the intersection of Interstate 35E and Lillian Miller Parkway for all of your jumping needs. Denton is getting its second brewery this winter: Denton County Brewing Co. is working to open at 200 E. McKinney St. Because of all of the construction on University Drive in far west Denton, Lincoln’s Mini Mall is closing at the end of the month. The business will try to operate an online store after its final day in business, Feb. 28. Children’s Place in the Denton Crossing shopping center is set to close by the end of February as well. Another food truck has joined Austin St. Truck Stop: Hoagieslingers, a sub truck from Deli Planet in Wichita Falls. Midway Mart Crafthouse is now a growler shop, after operating as just a convenience store near the University of North Texas. It received permits to sell alcohol in mid-January. The Starbucks at the BlaggHuey Library at Texas Woman’s University is now open.

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Son allegedly murders parents Stephen L. Scott, 40, was charged with two counts of capital murder Jan. 10 after Marion Scott, 75, and Linda Scott, 70 were found dead in their home. The charges were confirmed seven hours after Denton police responded to a domestic disturbance call in the 1300 block of Lynhurst Lane in the Southridge neighborhood. When officers arrived on that Sunday afternoon, a man and a woman were found dead, according to a news release from Denton police.

Stephen L. Scott allegedly confessed his crime to a 911 operator, according to an arrest affidavit. Scott then told the 911 operator he stabbed both of his parents, according to the affidavit. The operator kept him on the line asking him questions. The man confirmed his identity was Stephen Scott. The 911 operator continued giving him instructions to go to the door and meet officers who were on their way to the house. When police arrived at the home, Scott was told to sit on the couch as officers secured the location. Scott was indicted by a Denton County grand jury on a capital murder charge Jan. 21.

Second child dies after accident on U.S. 380 Two children died and a third remained in critical condition after a four-vehicle accident that shut down part of U.S. Highway

380 on Feb. 6. After investigating, police said a Nissan minivan, a Dodge Dakota and a Kia passenger car were stopped at a red light at Mayhill Road and U.S. 380 when a Ford F-350 truck approached the intersection, failed to stop and ran into the back of the minivan. The impact sent the minivan into the Dakota in the center lane, which forced the Dodge into the Kia. Passengers in the minivan were injured. One child, identified by the Tarrant County medical examiner as 11-year-old Leslie De Luna of Whitesboro, was transported to Denton Regional Medical Center, where she was later pronounced dead. Two boys, ages 8 and 4, were taken by air ambulance to Children’s Medical Center Dallas, where the 8-year-old died that night. The 4-year-old was in critical condition the next day. A man and woman who were in the minivan and the driver of the F-350 were treated for in-

juries at Denton Regional Medical Center.

No threat found after Ryan locked down A lockdown and search of Ryan High School turned up nothing the afternoon of Thursday, Feb. 4, after a phoned-in threat about a person with a gun on campus. Officials with the Denton school district said Ryan was placed on lockdown at 4:11 p.m. after the threat came in. Students who had been leaving school at the time were called back inside and sent to a number of classrooms while Denton police responded to the threat. “I’m still kinda shaky,” 16year-old student Morgan Larabee said that night. “I was in the school near the bus lane doors [when] teachers grabbed us and said, ‘You need to come with us; there is someone on campus who shouldn’t be here,’” Larabee said.

She was among about 30 students in one of the classrooms, seated along the back wall near the windows. With 600 people, including students, contained in a number of classrooms, officers conducted a search of exterior buildings and every room and closet inside the high school, according to Denton police Officer Orlando Hinojosa. Police lifted the lockdown shortly after 5:30 p.m., and buses began to depart from the campus. While there were still a few parents going to the school to check on their children, the school was empty of students by 6:30 p.m.

Trampoline park open for jumping pleasure From the mezzanine of the new Altitude Trampoline Park, visitors get a full view of the 20,000 square feet of trampolines covering the floor and sides of a former grocery store. RECAP | CONTINUED ON PAGE 14

Contents |

February 2016

Calendar of Events APIs and IPAs, hosted by TechMill, meets every other Tuesday at Harvest House, 331 E. Hickory St., for a tech-centered hangout. Tuesday, March 1, 6:30 a.m. Tuesday, March 15, 6:30 p.m.

Argyle Chamber of Commerce will have a business networking lunch at Rockfish Seafood Grill, 4061 Barton Creek, Suite 110 in Lewisville. Wednesday, Feb. 24, noon

On the cover: Summit Climbing Gym in Denton features a 15-foot bouldering wall. Photo by Ranjani Groth

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 County Young Professionals will host its monthly mixer at Mellow Mushroom, 217 E. Hickory St.

NodeSchool Denton, hosted by TechMill, meets every other Saturday at Zera Coffee Co., 420 E. McKinney St., to teach web software skills for free.

Wednesday, Feb. 24, 7:15 a.m. Wednesday, March 9, 7:15 a.m. Wednesday, March 16, 7:15 a.m.

Thursday, March 3, 5:30 p.m.

Tuesday, March 8, 5:30 p.m.

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

Argyle Chamber of Commerce will have its monthly breakfast meeting at Lantana Golf Club, 800 Golf Club Drive in Lantana.

Denton Planning and Zoning Commission meets the first and third Wednesdays of the month at City Hall, 215 E. McKinney St.

Tuesday, March 1, 6:30 p.m.

4 | Two directions Homebuilders caught between catering to financially sound baby boomers or debt-laden millennials.

Little D Open Coffee Club, hosted by TechMill, meets every other Tuesday at West Oak Coffee Bar, 114 W. Oak St., to discuss technology and startups.

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.

Argyle Planning and Zoning Commission meets the first Tuesday of the month at 308 Denton St.

Index

Denton County Young Professionals hosts meetings every Wednesday, except for the first of the month, at Loco Cafe, 603 N. Locust St.

Argyle Chamber of Commerce will have its Business After Hours mixer on the second Tuesday of the month. The location will be posted at www.argylechamber.org/ calendar.

Tuesday, March 15, 7:30 a.m.

Features

Denton Black Chamber of Commerce meets the second Tuesday of every month at the Denton Housing Authority, 1225 Wilson St. Tuesday, March 8, 6 p.m.

Denton Black Chamber of Commerce will host its 19th annual banquet at the University of North Texas’ Gateway Center, 801 North Texas Blvd. Tickets cost $55 per person and are available at www.dentonblackchamber online.org. Saturday, March 5, 6:30 p.m.

The Denton Chamber of Commerce’s Smart Business 101 Mini Series will present “How to Master your Website,” by Blue Steele Solutions, at the chamber office, 414 W. Parkway St. Tuesday, Feb. 23, 11:45 a.m.

The Denton Chamber of Commerce will host “In the Mix with Women in Commerce” at Sugar Ridge Winery, 212 Bolivar St. in Sanger. Thursday, March 3, 5 p.m.

Wednesday, Feb. 24, 6:30 p.m. Wednesday, March 9, 6:30 p.m.

The Denton Public Library is hosting “From Zero to Awesome in 5 Weeks,” a series by Blue Steele Solutions to help small businesses build smart, effective websites, at Denton’s North Branch Library, 3020 N. Locust St. Tuesday, Feb. 23, 11:30 a.m. Tuesday, March 1, 11:30 a.m.

Tuesday, Feb. 23, 8 a.m. Tuesday, March 8, 8 a.m.

Saturday, Feb. 27, 2 p.m. Saturday, March 12, 2 p.m.

SCORE, the Service Corps of Retired Executives, hosts free and confidential business mentoring from 9 a.m. to 2 p.m. Thursdays by appointment at Denton’s North Branch Library, 3020 N. Locust St. For appointments, contact Kerry Montz at 940-349-8757 or kerry.montz@cityofdenton.com. Thursday, Feb. 18, 9 a.m. Thursday, Feb. 25, 9 a.m. Thursday, March 3, 9 a.m. Thursday, March 10, 9 a.m.

Please tell us about your event or meeting by emailing Jenna Duncan at jduncan@dentonrc.com; by fax at 940-566-6888; or by mail to DBC Calendar, Denton Record-Chronicle, 314 E. Hickory St., Denton, TX 76201. She also can be reached at 940-566-6889.

Electronics recycling takes place at The Cupboard Natural Foods and Cafe, 200 W. Congross 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, March 12, 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, March 2, 7 p.m.

Lake Cities Chamber of Commerce hosts weekly coffee meetings for members on Wednesdays at different businesses, except the first Wednesday of the month. A schedule of locations for the month is available at www. lakecitieschamber.com/ chamber-events. Wednesday, Feb. 24, 7:15 a.m. Wednesday, March 9, 7:15 a.m.

February 2016 | Vol. 11, No. 12 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

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Business Spotlight

Millennials, boomers box in builders By Steve Brown | DMN LAS VEGAS — The U.S. housing industry is being pulled in two directions. Baby boomers with big housing bucks to spend still rank at the top of many builders’ customer lists. But rising sales to millions of millennials have sent builders scrambling to tailor houses for the next generation of buyers. “Millennials are really coming into the market in significant numbers,” Dan DiClerico of Consumer Reports told homebuilders from around the nation meeting in Las Vegas. “Millennials have become the top homebuying demographic in the country. “That’s despite the fact many of them are saddled with enormous student debt and soaring apartment rents.” DiClerico told builders at the National Association of Home Builders’ annual conference that millennial buyers account for 36 percent of U.S. home purchases, compared with 34 percent of homes going to baby boomers. While younger Americans say they have a preference for urban neighborhoods, 44 percent of them are buying in the suburbs, according to new surveys. “It was a landslide in favor of the suburbs,” DiClerico said. “I was a little surprised by this.” The latest buyer surveys show that millennials desire bigger houses with more bedrooms than expected by previous firsttime buyers. “We thought they would come into the market and demand smaller homes — they did not,” said Rose Quint, a researcher with the National Association of Home Builders. BREAKING STEREOTYPE Mitch Levinson, with Atlanta-based housing consultant mRelevance, said millennials are starting to drive the U.S. housing market in many ways. “The stereotypes you have about millennials are actually not true,” Levinson said. “Now they have jobs — they have good jobs

Steve Brown/DMN

Contemporary kitchens caused a buzz at this year’s builders show in January in Las Vegas. and high-paying jobs. “They have a larger nest egg than most of the other generations had at their age,” he said. “They want to live in the city but many of them can’t, so they live in the suburbs.” He said they are more demanding than previous homebuying generations. “They are just waiting a little longer to get the American dream because they are not willing to settle for what their parents settled for in a first house,” Levinson said. But don’t count those boomer buyers out of the housing market just yet.

There are 76 million baby boomers in the U.S., and in the next 15 years there will be twice as many Americans over 65. “Every day over 10,000 boomers turn 65,” said AARP’s Aldea Douglas, adding that boomers are responsible for at least $7.1 trillion in economic activity. “Boomers, I’m here to tell you, are the ones you need to build your homes around.” Getting those boomers to spend bucks for new houses isn’t always easy. “Seventy-eight percent of 45-plus people say they want to stay in their current residences,” Douglas said. “Eighty percent say

they want to stay in the same community.” The homebuilders association tracks age 55-plus buyers to anticipate their needs as they approach and enter retirement. “In every state, at least onethird of the households are 55 or older,” said Paul Emrath of the builders association. “This market is growing, not just in terms of numbers but as a share of the U.S. population.” Emrath said 70 percent of boomers want to live in suburban neighborhoods. They want neighborhoods with parks, walking trails and proximity to retail. “They are not really looking

for golf courses or mixed use — other than retail,” he said. FINANCIAL CLOUT Pennsylvania builder Tim McCarthy said boomers have more financial resources than their younger counterparts. They also have definite ideas about what kinds of houses they want. “They are putting more money into their homes and building fairly substantial houses,” McCarthy said. “They are substantially better off financially than the rest of America,” he added. “They are going to dominate the housing market.”

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Enterprising Voices

Open carry presents issues for business owners W hile many advocates of House Bill 910 tout the bill’s passage as a big win for the Second Amendment, the law creates new and interesting challenges for business and property owners. HB 910 did not change the rules and restrictions already in place for concealed handguns. These laws are still applicable and apply to open carry as well. Generally, prior to the passage of HB 910, a person could obtain a license to carry a concealed handgun and after obtaining that license could carry a concealed handgun in most businesses, unless the business or property owner posted a sign in compliance with state law that prohibited concealed handguns on their premises. The sign prohibiting concealed handguns is referred to generally as a Section 30.06 sign. What the passage of HB 910 basically accomplished was to authorize individuals to openly carry a handgun in places where carrying of a concealed handgun previously had been allowed, with the following two exceptions. The first exception is open carry is not permitted on the premises or any public or private driveway, street, sidewalk or walkway, parking lot, parking garage or other parking area of an institution of higher educa-

Sam BURKE | tion or private or independent institution of higher education. The second exception will not affect many CHL permit holders. It prohibits individuals acting as personal protection officers who are not wearing a uniform from openly carrying a handgun under Chapter 1702 of the Texas Occupations Code. When a person is openly carrying a handgun, HB 910 requires the handgun to be carried in a shoulder or belt holster regardless of whether the gun is loaded. The criteria for obtaining a license to carry a handgun (concealed or openly) were not changed by HB 910. Current holders of concealed handgun licenses may continue to carry handguns with that license, and current license holders will not be required to attend additional training or pay any additional fee to openly carry a handgun. New applicants for handgun licenses will be required to complete training,

which will be updated to reflect the new requirements relating to the use of restraint holders and other methods to ensure the secure carrying of openly carried handguns. Important to business owners, businesses may continue to prohibit the carrying of handguns, whether concealed or open, in their place of business. To do so, the business owner should post signs on the property to prohibit entry by a licensed holder with a handgun. There is required statutory language for this signage. The open carry sign is generally referred to as a Section 30.07 sign. If a business owner wants to prohibit both concealed and open carry, both the Section 30.06 and Section 30.07 signs must be displayed in English and Spanish. Apart from the purely mechanical obligations HB 910 creates, many businesses have felt thrust into a political debate they may have rather have avoided. For instance, Open Carry Texas, one of the organizations that helped spur the legislature into action on the issue, wants business owners to know opting out of open carry can carry financial consequences. The group sells 50 packs of cards for supporters of the law to pass out to businesses displaying 30.07 signs

Investment catalysts prove key “In the short run the market is a voting machine, but in the long run it is a weighing machine.” — Benjamin Graham

onsuming financial news has become a game of juggling conflicting spin. One media outlet throws up the headline “Apple reports record quarter” while another simultaneously reports “Shares of Apple are tumbling after iPhone disappointment.” Which is it? “An industrial recession is engulfing America”

Jonathon FITE | or “U.S. auto sales in 2015 set record after strong December”? It is no wonder that the whiplash of conflicting news feeds massive volatility in stock mar-

kets. How can investors achieve clarity amid all this chaos and confusion? Value investing provides a time-tested remedy. Always remember that stocks are not just ticker symbols floating on a TV screen. Shares represent ownership interests in real companies, real businesses. By studying a company’s assets, profits and growth prospects, we can calculate the true intrinsic value of the stock. When news-driven volatility creates a big gap between a stock’s price and its intrinsic

to inform management that, because they can’t bring their guns in, they won’t spend money there. A quick survey of the messages posted to Facebook around the New Year reveals people on the opposite side of the issue have their own cards reminding businesses they will not patronize businesses where open carry is permitted. Likely, most businesses will look for a “neutral” position to take. Public companies usually recognize their responsibility is to their shareholders, which requires they alienate as few of their customers as possible. As reported in Texas Monthly, Whataburger’s CEO wrote this blog post over the summer when then the law was signed: “As a representative of Whataburger, I want you to know we proudly serve the gun rights community,” the post read. “I personally enjoy hunting and also have my concealed carry license, as do others at Whataburger. “From a business standpoint, though, we have to think about how open carry impacts our 34,000+ employees and millions of customers. We serve customers from all walks of life at more than 780 locations, 24 hours a day, in 10 states and we’re known for a family friendly atmosphere that customers have come to expect from us. We’re the gather-

ing spot for Little League teams, church groups and high school kids after football games. “We’ve had many customers and employees tell us they’re uncomfortable being around someone with a visible firearm who is not a member of law enforcement, and as a business, we have to listen and value that feedback in the same way we value yours. We have a responsibility to make sure everyone who walks into our restaurants feels comfortable. For that reason, we don’t restrict licensed concealed carry but do ask customers not to open carry in our restaurants.” Surprisingly, some online groups who support Second Amendment rights feel open carry has done more to harm their cause than help. As one post lamented, “If you’re making one sign for open carry it’s just as easy to make two [and prevent both open and concealed carry].” In 2016 in Texas, open carry is the law of the land, and no matter how apolitical a business would like to be, every business owner is now confronted with the choice of whether open carry on their premises is what’s best for business. SAMUEL B. BURKE is certified by the Texas Board of Legal Specialization in civil trial law and may be contacted at sburke@dentonlaw.com and www.dentonlaw.com.

value, value investors exploit the opportunity, not succumb to fear. (For less active investors, a dollar-cost averaging strategy can create a similar benefit.) Benjamin Graham, the great teacher and father of value investing, provided a wonderful analogy in the above quote. Over a long-enough time horizon (typically two to three years, though sometimes longer), the substance of a business shines through, and a stock rises to its intrinsic value. How does this happen? Well, sometimes the market gradually comes to its senses on its own. But in our experience, the shift usually corresponds with a series of catalysts — macro, financial or

operational events that help unlock the value of the business and cause the stock price to rise dramatically. Virtually all of our successful investments over the last eight years have resulted from one or more of these catalysts. Let’s take a look at each of these catalyst categories. MACRO CATALYSTS Macro catalysts are economic trends that influence a company. We have conviction that spendthrift governments and aggressive central banks ultimately will stoke inflation, and have positioned our portfolio to benefit FITE | CONTINUED ON PAGE 9

Enterprising Voices

Cowboys to headline chamber gala B

oots, jeans and big hats will be the accepted attire for the 107th annual Denton Chamber of Commerce membership gala and awards dinner, scheduled for the evening of Thursday, March 24 at the University of North Texas’ Gateway Center. Glenn Carlton, executive director of the North Texas State Fair Association, will take office April 1 as chairman of the chamber board, the chamber’s top voluntary position. In keeping with Carlton’s theme, traditional Texas country artist Sonny Burgess will be the featured entertainer at the gala. We’ll combine all of our standing award presentations into the evening’s itinerary, including the Small Business of the Year Award, which traditionally

Chuck CARPENTER | has been given at our February membership luncheon. We’re skipping a February luncheon this chamber year, having added a membership luncheon this past December. Monte Jensen and the local Mellow Mushroom were recognized as the chamber’s Small Business of the Year for 2014. Nominations are being accepted via the chamber’s website for the

2015 Small Business of the Year. Individuals who have demonstrated a genuine, personal effort to actively carry out specific responsibilities pertaining to the objectives of one or more of the standing initiatives of the chamber, or any affiliate organization that has been directly associated with the chamber since April 1, are eligible for our Volunteer of the Year Award. Our executive committee selected and recognized two top volunteers for the 2014-15 chamber year — Carolyn Corporon and Perry McNeill. Each of our three LEAD coalitions will choose a best delegate of the year. Last year they honored Tanya Nguyen, Matthew Kern and Tim Weicht. The chamber’s highest and most prestigious honor, the Otis

Sonny Burgess will perform at the Denton Chamber of Commerce membership gala and awards dinner March 24 at the University of North Texas’ Gateway Center. Courtesy photo

L. Fowler Award, will top off the night’s list of honorees. Presented at every annual membership banquet since 1960, this award is named after the chamber’s first full-time, paid professional and longtime pillar of the community. Tickets cost $60 per person and are available at the chamber

office, 414 W. Parkway St. Several sponsorship options are available to choose through our website, www.denton-chamber.org. CHUCK CARPENTER is the president of the Denton Chamber of Commerce. He can be reached at dcoc@ denton-chamber.org.

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Enterprising Voices

You keep your client information where?! L

et me ask you one quick question, and if your answer is “yes,” I want you to agree to just stop reading right now. If your bank provided your account data, transactions, balances, and other data only through email, would that be okay with you? You said no, right? Please tell me you said no, because that would be insane, right? Of course it would. So why is it okay to use your inbox (or worse, random notepads and scraps of paper) to keep all the important information about your source of income: your clients? A SHOCKING REVELATION I was fortunate enough to work with some amazing business analysts and sales managers very early on in my career. One of the fundamental tools in their arsenal was salesforce.com, our CRM (customer relationship management tool) of choice. For me, using a contact management system to record every bit of information about a customer, every interaction, whether through the support or sales teams, was second nature. The mantra if it’s not in salesforce, it doesn’t exist was true — plenty of our sales folks learned that the hard way when their commission checks came in a bit short. When I moved on past my first big-kid marketing job, I was shocked. How in the world did my new employer survive with no good data, no common repository of contact information, no pipelines and sales reports? The thing is, they were just barely making it; they were wasting their time and energy every day working in silos, digging for misplaced information and

whelming you continue to put it off. After all, just because you have a little help doesn’t mean you can spend hours each week digging through mountains of emails and files to organize your clients into a proper CRM.

Heather STEELE | scratching their heads wondering why deals weren’t closing and the business wasn’t growing. Turns out, good data management isn’t always at the top priority for small businesses. In fact, most of my small-to-medium-sized business clients come to us struggling to get by in Excel spreadsheets (or worse) and have no insights into their pipeline data at all. SO WHY DO BUSINESSES SKIP THIS STEP? The problem with customer management is there really never is a good time to implement it. When you first start out, and it is only you struggling to wrangle in a single new client at a time, actually managing those clients seems like ridiculous overkill. So then you hit a steady pace. You’re growing and that’s great! But you’re also busy as hell because you don’t have the time or cash flow to hire any help. You’re starting to let things slip through the cracks, and it’s costing you in billables and strained relationships. Fast forward a bit — you’ve finally brought on an assistant, a salesperson or some other new hires who can take the load off and give you some time to finally start getting your back office in order. But this task is so over-

BREAK THE CYCLE, STARTING RIGHT NOW I can guarantee there will never be a great time for you to step back and implement a great client management system. I also guarantee you will drop the ball at some point. You will forget about a prospect. You will lose an email address. You will bring on a new employee and waste hours emailing and digging for in-

formation they need to start working with your clients. So take one step at a time to work toward a better management system for your business. Start today by selecting a CRM system. Most of them offer a free trial, and as long as they offer custom field creation and easy export to CSV or Excel format, you’ll be golden to at least get started. If you outgrow it or your needs change, you can export your data and move on to the next best solution for your needs. Most CRMs also will let you easily import all your contacts from your address book and sync all future contacts.

NOW WHAT? Okay, so you’ve signed up and have a fresh CRM just waiting for you. How do you actually get all your client info in there? The answer is simple, but it ain’t easy. You absolutely must change your habits. You must force yourself to start adding in client info every single day. Talk to a potential client? Get an email from a prospect? Have a few spare minutes at lunch? Use those moments to quickly add contacts and their relevant info into the system. HEATHER STEELE is the founder of Blue Steele Solutions. She can be reached at heather@bluesteelesolutions. com.

Enterprising Voices FITE | CONTINUED FROM PAGE 6

handsomely from this. In the 2008-12 time period, we invested with a similar thesis specifically in Japanese real estate investment trusts (REITs) as it became clear Japanese central bankers were committed to combating deflation by turning on the printing presses of “quantitative easing.” The recovery of Japan’s real estate market from a long deflationary slump resulted in large gains in the stock prices of Japanese REITs we held patiently in the portfolio for several years. While the recent collapse in commodity prices has generated deflationary pressures around the world, we believe the combination of an eventual commodity price recovery and the cocktail of easy central bank policies will stoke inflation in the U.S. as well. Therefore, we have positioned our portfolio to benefit from three specific macro catalysts over the medium term: ■ Rising prices — an increase in commodity, real estate and shipping price levels; ■ Weaker dollar — a decline in the dollar versus other major foreign currencies; and ■ Rising rates — an increase in U.S. interest rates back toward historical average levels. FINANCIAL CATALYSTS Turning to the second catalyst category, financial catalysts are actions a company takes on its capital structure to unlock value. Past successes include Apple, whose shares rose 80 percent over a few months after the company launched investorfriendly share repurchases and dividends. For small cap companies, a common catalyst has been a sale of the entire business at huge premiums — often nearly double — the prevailing price. Other examples from our partnership’s experience include Shaw Group, Bronco Drilling and Parlux Fragrances. Looking ahead, we see three financial catalysts that will impact our portfolio companies: ■ Buybacks — the repurchase of undervalued shares or debt by company management; ■ Asset sales — a strategic sale or disposition of underval-

ued or unrecognized assets; and ■ Debt placement — the sale of new debt to fund initiatives that reduce costs or grow sales Each of these will either enhance the value of the companies we own over time or help accelerate the convergence of today’s market price with our estimate of the business’s intrinsic value per share. OPERATIONAL CATALYSTS Operational catalysts involve capable managers rolling up their sleeves and improving their businesses. Given our business consulting experience, these catalysts are near and dear to us. Our partnership’s very first investment, the Hershey Co., was based on our investigation of the company’s manufacturing and logistics transformation program. While the market gave Hershey little credit for the expected savings, we assessed that the cost reductions were highly credible and would help fund an increase in its marketing budget. The realization of those savings, combined with the company’s more robust marketing strategy and price increases ahead of inflation, led to the doubling of its share price over a few years. Companies that have credible operational catalysts can significantly enhance intrinsic value over time. Specifically, we anticipate some combination of the following operational drivers for our portfolio companies: ■ Grow sales — an increase in prices or sales volumes of new or existing offerings; ■ Cut costs — a reduction in cost of goods sold (COGS); selling, general and administrative expenses (SG&A); or interest costs; and ■ KMF Investments advice — an improvement in capital allocation or communication strategies based on our counsel. The news cycle has churned up huge volatility in the last few months. At the same time, we are very pleased to see many of our portfolio holdings achieving our anticipated catalysts. As fourth-quarter 2015 earnings reports trickle in, the share prices for several companies in our portfolio have reacted positively to one or more of the catalysts

above. 2016 should benefit from further progress along those lines. Focusing intently on the catalysts helps us keep our eyes on the prize. We encourage all investors to do the same.

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@KMF Investments.com.

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Cover Story

February 2016

Demand brews options

Photo by Ranjani Groth

Mia Alfonso climbs the bouldering wall at Summit Climbing Gym on Feb. 9 in Denton. Alfonso said she climbs almost every day.

By Julian Gill

Denton’s growth has fanned the flames of the local craft beer scene, the makers movement, new restaurants and, now, alternative entertainment. Places like Summit Climbing Gym and the new Altitude Trampoline Park have brought what experts call commercial recreation into the city, taking advantage of Denton’s population

increase. According to Joseph Walker, a senior lecturer at the University of North Texas who teaches a class on the dynamics of commercial recreation and tourism,

cases, new markets are created.” Walker said this new market growth is especially apparent in the climbing gym, which has been steadily gaining more members since it opened in

those types of alternative entertainment have always been around. Only now, Denton has enough demand for them to try to survive. “These types of activities are not new, but a dynamic progression of opportunity,” he wrote in an email. “As the population grows, technology progresses and interest diversifies, new types of activities come to exist. In some

November, managers say. According to Walker, the Denton climbing gym is appealing to a market filled with former University of North Texas students who were in UNT’s climbing club, climbers from other other universities and participants of Denia Recreation Center’s climbing program. The manager of Summit’s Denton location, Adam Hughes,

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February 2016

Photo by Barron Ludlum

Tom Hjelm, owner of the Denton location of Altitude Trampoline Park, takes a jump on one of the facility’s many trampolines. has been taking note of its new foothold in the city. “We’re slowly but surely building up, and we’re right on par with where we want to be,” Hughes said. “One of the big things we talked about when we opened this place was community, and we’ve been seeing a lot of new relationships and new bonds building up here.” Executives at Altitude Trampoline Park recognized the need for more recreational activities in Denton more than two years ago. The challenge was finding a space to accommodate more than 20,000 square feet of trampolines. The park is open to all ages and features a large foam pit stuffed with bright orange and purple cubes, a long trampoline for tricks, dodgeball courts and long lanes with basketball hoops

on the wall. Throughout the interior, large trampolines are connected with purple padded floors. Tom Hjelm, owner of the Denton location, said that for as long as he can remember Denton families have had to leave the city to do these kinds of activities, so there has been an untapped market here. Some of his 60 employees transferred from the Fort Worth location because they were commuting from Denton. It’s not just Denton that has been behind on meeting the demand for more activities, Altitude founder Curt Skallerup said. Since the company was founded in 2012, it has 15 parks open, 15 under construction and leases signed for 41 other spaces that will eventually be trampoline parks. ACTIVITIES | CONTINUED ON PAGE 12

Photo by Ranjani Groth

Scott Smith clinbs the 15-foot bouldering wall at Summit Climbing Gym on Feb. 9 in Denton.

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Cover Story ACTIVITIES | CONTINUED FROM PAGE 11

“We’re excited about bringing something into that corridor, the Denton-north corridor,” Skallerup said. “It’s unique but consistent with a lot of the other parks. We’re very pleased with it. That size fits the Denton market.” The company’s sweet spot is kids ages 3 to 16, Skallerup said, and the parks become destinations for birthday parties and Friday night meet-ups for teens. Walker said families from Denton have been buying birthday parties in Flower Mound, Lewisville and Frisco for years at places like Pump It Up, Going Bonkers and Win Kids. “With new purchasing tracking data, these businesses can watch the market from our area grow and justify the investment into a new location,” Walker said. While most of the commercial recreational developments in Denton are coming from established businesses, alternative entertainment venues like Escaping the Square have provided a

homegrown element. Located in the Opera House building next to Recycled Books Records CDs, Escaping the Square focuses on team-building exercises that force people to think outside the box. Participants are locked inside a room for one hour as time is counting down, and they are supposed to work together to find clues that unlock specific doors. The venue opened on Black Friday, and co-owner Adriana Barker said one of its main goals has been to get people away from their cellphones. “Our social skills have been going out the window,” Barker said. “With this game, you’re not supposed to use your phone. You are basically in there for an hour working as a team, communicating and building relationships.” Walker said people should still acknowledge the high turnover rate of some commercial recreation businesses. He cited the batting cages that are no longer around at North Lakes Park, as well as the now-defunct

Photo by Barron Ludlum

Altitude Trampoline Park opened in a former Albertsons at Interstate 35E and Lillian Miller Parkway.

Photo by Ranjani Groth

Kelsey Evers consider her next move on the bouldering wall at Summit Climbing Gym on Feb. 9 in Denton. GlowGolf and ShowBiz Pizza. “Do not expect them all to be around in five years,” he said. Even the traditional bars and music venues in town are learning that consumers want more to do than just sit down and drink. Harvest House continues to add games outside, and Hailey’s Club closed so that at least half of the space can be turned into a “bar-

cade.” The space will feature classic and contemporary arcade games in addition to more interactive games like punching bags. There will be classic bar staples like pool tables and dartboards. Walker said Denton is the center of a new metro area that extends from Corinth to Sanger and Argyle to Cross Roads. The

population growth, Walker said, will continue to bring new opportunity for businesses into the foreseeable future. Staff writer Jenna Duncan contributed to this report. JULIAN GILL can be reached at 940-566-6845 and via Twitter at @juliangill music.

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Monthly News Recap RECAP | CONTINUED FROM PAGE 2

“We tried to use every square foot,” said Tom Hjelm, owner of the Denton location. “If we could get another trampoline in here within code, we would.” After leasing 33,000 square feet of space of a building that once housed an Albertsons store at South Interstate 35E and Lillian Miller Parkway, construction took roughly seven months and $1.4 million, said Curt Skallerup, president of the company. The company opened its first trampoline park in Fort Worth in 2012. It now has 15 locations and 15 more under construction with an aggressive growth strategy: 41 leases signed to open new facilities around the world, he said. To man the location, Hjelm hired about 60 employees, several of whom are coming to the location from the Fort Worth park. This includes court monitors, who supervise jumping and oversee refereeing games like dodgeball, Hjelm said. They make sure jumpers are playing by the park rules and in the right spots, he said.

City’s homeless ranks have grown, police say They can be found camping

in parks, on private property and behind neighborhoods across Denton. Four, five, six tents and all the necessities for living off the grid, set up just beyond the tree lines on the edge of society. They are known by many names: transients, bums, addicts, the mentally ill, people down on their luck — but “homeless campers” fits them best. More than 300 homeless living on the streets in Denton were surveyed this time last year, according to the Denton County Homeless Coalition’s count. But their number has grown, according to police. “We are seeing an increase of people out on the streets living in tents instead of staying in the shelters,” said Denton police Lt. Frank Padgett, who holds a seat on the Denton County Homeless Coalition’s steering committee. “Word from the street is that Denton is just a friendly place to be.” The homeless come from all over the country, not just Dallas or Fort Worth, Padgett said. Police aren’t sure of the exact count. They’re waiting for Denton County Homeless Coalition to release the results of its most recent survey of the homeless.

The homeless are a mix of people and ages, and the reasons for their homelessness are numerous. For some people, it’s a choice, Padgett said. They simply want to try the lifestyle because it’s seems like a free way of living.

Business Mixers

Denton Business Chronicle

Denton Bridal Show

February 2016

Zera Coffee Co., the Denton Convention & Visitors Bureau and Texas Woman’s University presented the Denton Bridal Show on Jan. 23 at Hubbard Hall.

Red Barn Events

Hannah’s Off the Square

Zera Coffee Co. Beth Marie’s Old-Fashioned Ice Cream and Soda Fountain

Vital Statistics MIXED BEVERAGE TAX

The following mixed beverage tax information was issued by the state comptroller’s office for January. The list includes the name of the business, address and reported tax. 380 Roadhouse LLC, 26781 E. U.S. Highway 380, Little Elm, $1,883.37 940s Kitchen & Cocktails, 219 W. Oak St., Denton, $2,377.89 American Legion Post No. 550, 905 N. Foundation, Pilot Point, $1,362.78 Andy's Bar And Grill, 122 N. Locust St., Denton, $6,602.58 Angelina's Mexican Restaurant, 1400 N. Corinth St., Suite 111, Corinth, $1,030.39 Applebee's Neighborhood Grill, 707 S. Interstate 35E, Denton, $3,200.05 Applebee's Neighborhood Grill, 2672 FM423, Little Elm, $2,328.18 Aramark Educational Services, 303 Administration St., Denton, $112.62 Ashton Gardens, 2001 Ashton Gardens Lane, Corinth, $1,541.53 B.P.O.E. Denton No. 2446, 228 E. Oak St., Denton, $818.80 Barley & Board, 100 W. Oak St., Suite 160, Denton, $5,761.73

Best Western Area Crown Chase, 2450 Brinker Road, Denton, $420.35 Bj’s Restaurant & Brewery, 3250 S. Interstate 35E, Denton, $4,785.47 Black-Eyed Pea, 2420 S. Interstate 35E, Denton, $0 Bono's Chop House & Saloon, 2025 N. U.S. Highway 287, Decatur, $1,542.07 Boomerjack Wings No. 8, 407 W. University Drive, Denton, $1,219.26 Brunswick Zone Denton, 2200 San Jacinto Blvd., Denton, $875.02 Buffalo Wild Wings Grill & Bar, 1400 S. Loop 288, Suite 110, Denton, $3,976.78 Cabana Beverages Inc., 2330 W. University Drive, Denton, $207.23 Casa Torres Mexican Restaurant, 2708 FM51, Decatur, $1,036.75 Chili’s Grill & Bar, 600 S. U.S. Highway 287, Decatur, $2,384.46 Chili’s Grill& Bar, 2406 S. Interstate 35E, Denton, $2,043.36 Chilitos Private Club Inc., 619-623 S. Denton Drive, Lake Dallas, $288.23

Chipotle Mexican Grill, 1224 W. Hickory St., Denton, $28.74 Chuy's Denton, 3300 Wind River Lane, Denton, $5,174.87 Cool Beans, 1210 W. Hickory St., Denton, $3,203.94 Courtyard By Marriott, 2800 Colorado Blvd., Denton, $170.64 Dani Rae's Gulf Coast Kitchen, 2303 S. Interstate 35E, Denton, $1,041.58 Dan's Silverleaf, 103 Industrial St., Denton, $2,290.32 Dan's Silverleaf, 103 Industrial St., Denton, $2,030.10 Denton Country Club, 1213 Country Club Road, Argyle, $4,087.73 Drunken Donkey Bar & Grill, 3350 Unicorn Lake Blvd., Denton, $6,104.03 Dusty's Bar & Grill & Haileys, 119 S. Elm St., Denton, $5,026.34 East Side Denton Oak Street, 117 E. Oak St., Denton, $11,238.84 El Fenix-Denton Texas, 2229 S. Interstate 35E, Denton, $946.04 El Guapo's, 419 S. Elm St., Denton, $789.05 Ernesto's Mexican Restaurant, 10279 E. FM455, Suite 1, Pilot Point, $1,985.07 Frilly's, 1803 S. U.S. Highway 287, Decatur, $1,678.68 Fry Street Public House, 125 Ave. A, Denton, $5,204.42 Fry Street Public House, 125 Ave. A, Denton, $6,335.05 Fuzzy's Taco Shop, 109 N. State St., Decatur, $862.15

Fuzzy's Taco Shop, 115 Industrial St., Denton, $534.72 Fuzzy's Taco Shop, 2412 S. Interstate 35E, Denton, $991.60 Fuzzy's Taco Shop, 1044 Maple St., Suite 101, Sanger, $255.53 Fuzzy’s Taco Shop, 421 S. U.S. Highway 377, Argyle, $675.02 Fuzzy's Taco Shop Cross Roads, 11450 U.S. Highway 380, Suite 160, Cross Roads, $1,208.94 Genti's Private Club Inc., 3700 FM2181, Hickory Creek, $492.91 Hannahs, 111 W. Mulberry St., Denton, $3,638.63 Harvest House, 331 E. Hickory St., Denton, $6,249.82 Hickory & Fry, 1206 W. Hickory St., Denton, $693.11 Hickory Street Lounge, 212 E. Hickory St., Denton, $1,831.84 Hilton Garden Inn, 3110 Colorado Blvd., Denton, $594.96 Holiday Inn Denton, 1434 Centre Place Drive, Denton, $352.95 Hooligans LLC, 104 N. Locust St., Denton, $4,893.07 Hooters, 985 N. Interstate 35E, Denton, $3,963.38 Horny Toad Cafe & Bar, 5812 N. Interstate 35, Denton, $931.30 Horny Toad Cafe & Bar, 5812 N. Interstate 35, Denton, $1,032.53 Hula Hut Restaurant, 210 E. Eldorado Parkway, Little Elm, $3,871.72

II Charlies Bar & Grill, 809 Sunset St., Denton, $4,109.04 J.R. Pockets Club, 1127 Fort Worth Drive, Denton, $2,590.48 Jack's Tavern, 508 S Elm St., Suite 101, Denton, $2,838.58 Jem Beverage Company LLC, 217 W. Division St., Pilot Point, $6.56 Johnny Carino's Italian, 1516 Centre Place Drive, Denton, $882.45 Keiichi LLC, 500 N. Elm St., Denton, $333.79 Kobe Sushi & Steak LLC, 2832 E. Eldorado Parkway, Suite 208, Little Elm, $338.75 La Casa Velez, 2831 W. Eldorado Parkway, Suite 112, Little Elm, $749.26 La Milpa Mexican Restaurant, I820 S. Interstate 35E, Unit 1, Denton, $721.72 Lake Dallas Point Restaurant, 303 Swisher Road, No. 100, Lake Dallas, $1,978.44 Lake Ray Roberts Area Elks Lodge, 1601 Marina Circle, Sanger, $176.07 Lantana Golf Club, 800 Golf Club Drive, Argyle, $1,748.29 Las Cabos Cantina, 4451 FM2181, Corinth, $78.59 Lone Star Attitude Burger Co., 113 W. Hickory St., Denton, $4,690.13

MIXED | CONTINUED ON PAGE 18

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Business Mixers Ribbon-cuttings The Denton Chamber of Commerce celebrated the openings of several businesses with ribbon-cutting ceremonies, and Tesla drivers in the region gathered at the new Tesla charging station at Rayzor Ranch Marketplace.

All American Insurance Services of Texas

Refuge for Women of North Texas

Tesla Supercharger stations

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Vital Statistics BUILDING PERMITS

The following building permits were issued by the Denton Planning and Development department in January. Commercial alterations and commercial permits reflect the owner or tenant and the address of the business. CERTIFICATES OF OCCUPATION Agron Jonuzi, 1776 Teasley Lane, No. 103 America’s Storage, 525 Fort Worth Drive, No. 201 Andrew and Ashley Ness, 529 Bryan St. AWB Partners Ltd., 2438 Lillian Miller Parkway, No. 105 Darden SW LLC, 2809 S. Interstate 35E Denton Texas Hotel LLC, 1434 Centre Place Drive Jacob Irving, 1809 Hinkle, Suite 100 Joe and Gloria Akers, 715 Dallas Drive Jonathan Adamcik, 3228 Fort Worth Drive, No. 100 Jong Choi, 1101 Dallas Drive Loma 160 LLC, 3601 Oriole Lane, L9-L16 Loma 160 LLC, 500 Cardinal Drive, A1-A8 Loma 160 LLC, 500 Cardinal Drive, B1-B8 Loma 160 LLC, 500 Cardinal Drive, C1-C8 Loma 160 LLC, 500 Cardinal Drive, D1-D8 Loma 160 LLC, 500 Cardinal Drive, D9-D16 Loma 160 LLC, 500 Cardinal Drive, E1-E8 Loma 160 LLC, 500 Cardinal Drive, E9-E16 Loma 160 LLC, 500 Cardinal Drive, F1-F8 Loma 160 LLC, 501 Loop 288, G9-G16 Loma 160 LLC, 501 Loop 288, H1-H9 Loma 160 LLC, 501 Loop 288, H9-H16 Loma 160 LLC, 501 Loop 288, I1-I8 Loma 160 LLC, 501 Loop 288, I9-I16 Loma 160 LLC, 501 Loop 288, J1-J8 Loma 160 LLC, 501 Loop 288, J9-J16 Loma 160 LLC, 501 Loop 288, K1-K8 Loma 160 LLC, 501 Loop 288, K9-K16 Loma 160 LLC, 501 Loop 288, L1-L8 Mac Legacy Investments, 2800 Shoreline Drive, Suite 160 Martino Realty Group, 3923 Morse St., No. 112 Masch Branch Realty LP., 2321 N. Masch Branch Road, Suite 344 National Mills Plaza Ltd., 231 W. University Drive, No. 104 Raminto LLC, 521 S. Loop 288, No. 105 Raminto LLC, 521 S. Loop 288, No. 165 Scripture Doctors Park, 1614 Scripture St., Suite 6 Shell Building, 1421 N. Elm St. Southwest Towne West, 109 E. Oak St., No. 700-800 Suda Bhagwat, 602 N. Elm St. TIM Stoltzfus, 516 N. Locust St., No. 100

COMMERCIAL ALTERATION Aiport Hanger, 4710 Lockheed Lane Amanda Walker, 300 E. Massey St. Bill Bauman Agent for AT&T, 2411 N. Elm St. Castlerock LLC, 1541 Meadow St., No. 425 City of Denton, 510 N. Bell Ave. DFW Nail Bar, 2900 Wind River Lane, No. 134 Dusty’s Bar and Grill, 119 S. Elm St. Fashion Glass and Mirror, 1712 Shady Oaks Drive Fred Moore DNS Inc., 821 Cross Timber St. GEL Timberlinks LLC, 5201 Par Drive Gene A. Gohkle, 612 E. McKinney St. HTA-Denton LLC, 2620 Scripture St. Kroger Fuel Station Development, 5021 Teasley Lane Metropolis Tattoo and Fine Art, 1701 N. Elm St. Mission Temple Bethel, 3562 Teasley Lane Moore Plumbing, 1226 Duncan St. Morrison Millings, 319 E. Prairie St. Pacific Labs, 1500 Interstate 35W PB&J Inc., 122 W. Mulberry St. Prestigious Properties, 1610 E. McKinney St., No. 202 and 216 RLB Investment, 117 E. Oak St. Serendipity, 108 W. Oak St. South Stemmons Prop., 1805 Hinkle Drive, No. 150 Starbucks, 401 W. University Drive Stratford Condos, 1099 N. Locust St. Stratford Condos, 1101 N. Locust St. Tandem Roofing LLC, 1406 Interstate 35W Travis Meggs, 5011 Sabre Drive Vertskebap Inc., 1715 S. Loop 288, No. 100 Windriver Dental, 2900 Wind River Lane, No. 138

COMMERCIAL Dwight Thompson Ministry, 4920 Teasley Lane Enterprise Rental Car, 602 Fort Worth Drive ESAB Welding and Cutting, 2800 Airport Road Nathan Hanson, 4501 N. Elm St. Reed Plumbing, 4940 Teasley Lane

RESIDENTIAL Airton, 8025 Stallion St. Beazer Homes, 3305 Hawks View Lane

MIXED BEVERAGE TAX

The following mixed beverage tax information was issued by the state comptroller’s office for January. The list includes the name of the business, address and reported tax.

MIXED | CONTINUED FROM PAGE 15 Los Jalapenos Restaurant, 420 E. Eldorado Parkway, Little Elm, $173.39 Lowbrows Beer and Wine Garden, 200 W. Washington St., Pilot Point, $572.38 Lucky Lou's, 1207 W. Hickory St., Denton, $8,533.32 Luigi's Pizza Italian Restaurant, 2000 W. University Drive, Denton, $40.93 Luigi's Pizza Italian Restaurant, 2000 W. University Drive, Denton, $61.90 Mable Peabody's Beauty Parlor, 1125 E. University Drive, Suite 107, Denton, $1,248.81 Mellow Mushroom, 217 E Hickory St., Denton, $1,656.64 Metzlers Food and Beverage Inc., 1251 S. Bonnie Brae St., Denton, $142.04 Mi Taza Latin Tex-Mex Café, 5017 Teasley Lane, Suite 101, Denton, $822.82 Miguelito's, 1521 E. McCart St., Krum, $646.34 Miguelitos, 1412 N. Stemmons St., No. 178, Sanger, $986.50 Milestone Events LLC, 1301 W. Sherman Drive, Aubrey, $264.58 Movie Tavern Denton, 4916 W. University Drive, Denton, $3,275.22 Muddy Jake's Sports Grille, 222 W. Hickory St., Suite 104, Denton $Mulberry Street Cantina, 110 W. Mulberry St., Denton, $3,417.60 Norman Heitz Memorial Post 104, 501 Thompson Drive, Lake Dallas, $959.50 Oak Street Drafthouse, 308 E. Oak St., Denton, $4,574.96 Oakmont Country Club, 1200 Clubhouse Drive, Corinth, $1,838.88 Ollimac Company, 1400 Corinth Bend, Suite 103, Corinth, $748.79 On The Border, 2829 S. Interstate 35E, Denton, $2,669.95

Outback Steakhouse, 300 S. Interstate 35E, Denton, $2,482.61 Parker Brothers Trail Dust, 1200 S. Stemmons St., Sanger, $596.03 Pedro's Tex Mex & Grill, 420 E. McKinney St., Suite 100, Denton, $640.05 Pedro's Tex Mex & Grill, 209 S. Washington St., Pilot Point, $613.85 Pei Wei Fresh Kitchen, 1931 S. Loop 288, Suite 130, Denton, $94.80 Phil Miller Post No. 2205, VFW, 909 Sunset St., Denton, $1,349.91 Pizza Hut, 730 S. U.S. Highway 377, Pilot Point, $14.87 Pollo Tropical Beverages LLC, 2220 S. Loop 288, Denton, $19.49 Prairie House Restaurant, 10001 U.S. Highway 380, Cross Roads, $1,541.06 Queenie's Steakhouse, 113 E. Hickory St., Denton, $1,962.02 Red Lobster No. 6349, 2801 S. Interstate 35E, Denton, $1,501.26 Riprock's, 1211 W. Hickory St., Denton, $4,269.10 Rock 101 Patio Grill, 2833 Eldorado Parkway, Suite 301, Little Elm, $3,352.07 Rockin Rodeo, 1009 Ave. C, Denton, $3,772.16 Rooster's Roadhouse, 113 Industrial St., Denton, $2,321.95 Rooster's Roadhouse Decatur, 106 N. Trinity St., Decatur, $1,773.89 Rosa's Cafe & Tortilla Factory, 1275 S. Loop 288, Denton, $174.06 Rt's Social Club Inc., 1100 Dallas Drive, Suite 124, Denton, $7,480.81 Ruby-Jeans Social Club Inc., 309 N. FM156, Ponder, $899.20 Rusty Taco Denton, 210 E. Hickory St., Denton, $559.78 Savory Bistro & Gourmet To Go, 2650 E. FM407, Suite 165, Bartonville, $891.50 Sean's Mesquite Pit BBQ, 401 N. U.S. Highway 287, Decatur, $20.77

Bloomfield Homes 4812 Brookside Drive 9113 Athens Drive 9312 Benbrook Lane 9117 Wichita Drive

SALES TAX

The following sales permits were issued by the state comptroller’s office for January. The list includes the owner, name of business and address within ZIP codes 75034, 75065, 75068, 76201, 76205, 76207, 76208, 76209, 76210, 76226, 76227, 76234, 76249, 76258, 76259 and 76266.

Carmen Custom Homes, 8216 Crooked Stick Lane Country Lakes West LLC, 6316 Roaring Creek DR Horton 5901 Glenwood Drive 2500 Lighthouse Drive 2504 Lighthouse Drive 2512 Lighthouse Drive 5021 Split Rock Drive 2424 Lighthouse Drive Forestar Real Estate Group 7912 Bishop Pine Road 7812 Apple Valley Lane HMH Lifestyles LP 5217 Sea Cove Lane 3104 Camino Real Trail Innovation Builders 3005 Bella Lago Drive 3004 Bella Lago Drive Joe Crawford, 3656 Swisher Road Lennar Homes 4009 Roxbury St. 4013 Hialeah Drive 1916 Sapphire St. 1900 Sapphire St. 4212 Fanita Place 1905 Hollister Lane 1909 Sapphire St. 1905 Sapphire St. Robson Denton Dev. LP. 9916 Lindenwood Trail 9709 Stonewood Drive 9404 Crestview Drive 9209 Ambrosia Court 9308 Ambrosia Court Wyndham Custom Homes 3708 Meadowtrail Lane 3713 Meadowtrail Lane

Shots And Crafts LLC, 103 Ave. A, Denton, $647.08 Side Bar, 109 Ave. A, Denton, $0 Sweetie Pie's Ribeyes, 201 W. Main St., Decatur, $394.02 Sweetwater Grill & Tavern, 115 S. Elm St., Denton, $1,772.01 Tex Tapas, 109 Industrial St., Denton, $914.34 Texas Roadhouse, 2817 S. Interstate 35E, Denton, $3,827.17 The Abbey Inn Restaurant & Pub, 101 W. Hickory St., Denton, $2,455.34 The Aztec Club, 720 W. University Drive, Denton, $1,327.47 The Bears Den, 11670 Massey Road, Pilot Point, $248.23 The Draft House Bar & Grill, 2700 E. Eldorado Parkway, Suite 250, Little Elm, $2,573.80 The Fry Street Tavern, 121 Ave. A, Denton, $5,177.09 The Garage, 113 Ave. A, Denton, $3,533.11 The Green House, 600 N. Locust St., Denton, $1,738.11 The Labb Club, 218 W. Oak St., Denton, $1,853.42 The Loophole, 119 W. Hickory St., Denton, $4,040.36 The Olive Garden Italian, 2809 S. Interstate 35E, Denton, $2,161.15 Toms Daiquiri Place, 1212 W. Mulberry St., Denton, $783.09 Tower Tap House, 290 E. Eldorado Parkway, Little Elm, $1,230.32 University Lanes, 1212 E. University Drive, Denton, $955.68 Verona Pizza Italian Restaurant, 201 Loop 81, Decatur, $32.16 Villa Grande Mexican Restaurant, 12000 U.S. Highway 380, Suite 100, Cross Roads, $1,517.95 Villa Grande Mexican Restaurant, 2530 W. University Drive, Suite 114, Denton, $1,563.51 Vitty's Sports Bar, 1776 Teasley Lane, Suite 102, Denton, $2,049.79 Vizcarra, 114 W. Congress St., Denton, $48.03 Walters Tavern, 201 Main St., Lake Dallas, $2,644.55 Wildhorse Grill, 9440 Ed Robson Circle, Denton, $2,179.04 Wing Daddys Sauce House, 2763 E. Eldorado Parkway, Suite 105, Little Elm, $2,617.15 Wing Town, 4271 FM2181, C316, Corinth, $0 Xchan Thai Bistro And Sushi, 113 N. State St., Decatur, $41.07

75034 Nonstop Cheer LLC, Classix Sportwear & Equipment, 15222 King Road, Suite 1003, Little Elm

75065 Jessamy Czerniecki And David Czerniecki, Three Kings Groundskeeping, 303 Main St., Lake Dallas

75068 Allana Investments LLC, Aliana Salon, 2700 E. Eldorado Parkway, Suite 407, Little Elm Chh Cafe LLC, Starbucks No. 22479, 2170 FM423, Suite 100, Little Elm Clayton Jones and Jay Verver, Clayton Jones and Jay Verver, 6533 Shoreline Drive, Little Elm Cynthia Loran Smith, 1st Class Lashes, 1700 Castle Creek Drive, Little Elm High Desert Labradors LLC, High Desert Labradors LLC, 15025 Frisco Ranch Drive, Little Elm Ichor Solutions LLC, Ichor Solutions, 329 Redhead Drive, Little Elm Jane Han Poema, 3309 Edgewater Drive, Little Elm Jose Rodriquez, Amigo Lawn Care, 1913 Joe Pool Drive, Little Elm Maram Maty, Mrs. Maram Maty Designs, 2701 Calmwood Drive, Little Elm Marketing International LLC, Marketing International LLC, 2608 Deer Hollow Drive, Little Elm Phuoc Huu Le Hd Nails Spa, 800 W. Eldorado Parkway, Suite 120, Little Elm Shakar Photography LLC, Shakar Photography, 609 Kinghaven Drive, Little Elm Sharp Refreshment Centers Inc., Sharp Refreshment Centers, 501 Sheriff Ave., Little Elm Texas Lawn Hero LLC, Texas Lawn Hero, 1221 Lone Pine Drive, Little Elm

76201 Anwar Ahmad Alsuheem, Layalina, 706 Fort Worth Drive, Denton Baxter International Inc., Baxter International Inc., 909 Ave. C, Suite C, Denton Gage P. Rhame, Gage P Rhame, 601 Eagle Drive, Apt. 236, Denton Gazelle Productions LLC, Gazelle Productions LLC, 624 W. University Drive, No. 376, Denton Good Smokes LLC, Vape N. Vapor, 722 Fort Worth Drive, Denton Kimberly Rainey Hall, Zach's Shaved Ice, 550 Fort Worth Drive, No. 500, Denton Saibatu Kanu and Joseph Kanu, North Texas African Food Market, 508 S. Elm St., Denton TJ’s Pizza Inc., TJ's Pizza Inc., 602 N. Elm St., Denton Unt Hickory LLC, Salata, 1200 W. Hickory St., Denton

76205 Catherines Inc., Catherines Stores Of Texas Inc. No. 5956, 1719 S. Loop 288, Denton Docu Scan Guys LLC, Docu Scan Guys LLC, 310 Dallas Drive, Denton Emily Roan, Feisty & Free, 1106 Piping Rock St., Denton Jennifer M. Morales, Morales Object Design, 3010 Carmel St., Denton Kathryn Cunningham, Kathryn Cunningham, 1710 Sam Bass Blvd., Apt. 802, Denton LJ Artisan Designs LLC, LJ Artisan Designs, 3813 Granada Trail, Denton Meador Nursery Inc., Meador Nursery Inc., 2612 Fort Worth Drive, Denton Reyna Castillo, Woody's Tree Service, 1401 Fort Worth Drive, Denton Rodolfo Gomez Garcia, Los Tacos Hermanos, 2803 Fort Worth Drive, Denton

76207 Argyle Health Services LLC, Argyle Health Services, 11105 Landmark Court, Denton Edra C. Bogle, Edra C. Bogle, 5800 N. Interstate 35, Suite 307, Denton Erik Charles, Hatfield Big Time Computer Outlet, 3716 Fallmeadow St., Denton Horny Toad Ventures LLC, Horny Toad Cafe & Bar, 5812 N. Interstate 35, Denton Jose Miguel Camarillo Sr., Ink Arsenal, 3232 N. Locust St., Apt. 327, Denton Marcie Jean Mcgary, Marcie Jean Mcgary, 313 Gardenview St., Denton Parrish Aftertreatment and A/C LLC, Advanced Diesel, 2401 Worthington Drive, Suite 145, Denton

76208 Anixter Inc., Anixter Inc., 2800 Quail Run Drive, Suite 100, Corinth

Baker Distributing Company LLC, Baker Distributing Company LLC, 3923 Morse St., Denton Gavin W. Pillow, Byd Rod And Custom, 2004 Mayfield Circle, Corinth Harmon W. Robinson, Classic Innovations, 2801 Spencer Road, Apt. 3101, Denton James Philpott, Jmpartography, 1110 Shady Rest Lane, Corinth Jessica Alicia Armstrong, Jessica Alicia Armstrong, 3913 Camino Real Trail, Denton Luz M. Garcia, Lucy Garcia Photography, 7912 Hinkley Oak Drive, Denton Paul Bernardeau, Deluxe Hot Rods, 3921 E. McKinney St., Suite 1, Denton Pippd LLC, Pippd LLC, 2836 Geesling Road, Denton Vergara Armando, Taqueria Mando, 3932 E. University Drive, Denton

76209 Akeem A. Olubodun, Naal Ventures, 3067 Olympia Drive, Denton Amber Kirk, Amber Kirk, 710 Apollo Drive, Denton Denton County Automotive Repair LLC, Strande's Garage, 706 E. McKinney St., Denton Esther Oppong, Queen Esther's Cupcakes, 401 N. Loop 288, Apt. 6105, Denton Glendy Blas, Restaurante Los Gallos, 302 N. Crawford St., Denton Veronica Lynn Stacy, Wild Eden Bakery, 2213 Longmeadow St., Denton William D. Jones, Denton Quality Books, 1405 E. Windsor Drive, Denton

76210 Abby Caron, Shopsunchime, 2700 Colorado Blvd., Apt. 321, Denton Coyote Firearms LLC, Coyote Firearms LLC, 1202 Indian Lake Trail, Corinth Exodus Equipment LLC, Exodus Equipment LLC, 6713 Alderbrook Drive, Denton Jeff Hasselbach, 20693 Detrailers, 1752 Timber Ridge Circle, Corinth Miss Fitness LLC, Missfit, 7650 S. Interstate 35E, Corinth Nortex Lawn Care LLC, Nortex Lawn Care, 1705 Caladium Drive, Corinth Pablo R. Vela, Perfect Synthetic Grass, 2308 Mallory Drive, Corinth Riasat N. Khan, Nrk, 3111 Mason Ave., Corinth Roszena Lueck, MorenoRoszena, 3310 Lipizzan Drive, Denton Travis F. Sweet, Sweet Preservation Management, 3905 Black Butte Drive, Denton

76226 Arrington Enterprises Inc., Leisure Lectronics, 1320 Pitaya Drive, Argyle Byd Baseball Holdings LLC, Byd Baseball, 2126 Hamilton Drive, Argyle Jason L. Buchanan, Buchanan Business Solutions, 158 Courtney Bay Lane, Argyle Jennifer Marie Thatcher, Jenn Thatcher Art, 324 Boonesville Bend, Argyle Richard Ursetta Inc., Energy Window Solutions, 511 Catherine Lane, Argyle

76227 4 Prophets LLC, Sport Clips Tx468, 11750 U.S. Highway 380, Suite 400, Cross Roads Aloha It LLC, Aloha It LLC, 11450 U.S. Highway 380, Suite 130-223, Cross Roads Chh Cafe LLC, Starbucks No. 22063, 11450 U.S. Highway 380, Suite 100, Cross Roads Karen Snyder, O. Sebastian, 1212 Goldeneye, Aubrey Lawren Rose Snapka, Artslaw, 210 Linda St., Aubrey Mat Cannon, Mats Woodworking, 405 Brahma St., Aubrey RLN Consulting Enterprises LLC, RLN Consulting Enterprises LLC, 6315 Lone Star Lane, Aubrey

76234 Cross Timbers Motors LLC, Cross Timbers Motors, 2820 U.S. Highway 380, Decatur James K. Mobley, James Mobley, 5654 S. FM730, Decatur Leeper Creek Cantina Club, Leeper Creek Cantina Club, 3142 N. U.S. Highway 287, Decatur Roberto Fernandez Jr., Decatur Service Station, 100 S. Washburn St., Decatur

SALES | CONTINUED ON PAGE 19

Vital Statistics LIENS

VEHICLE SALES

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

TYPE Limited sales excise and use tax Limited sales excise and use tax Limited sales excise and use tax Limited sales excise and use tax

AMOUNT $3,496.00 $1,721.27 $1,016.54 $3,864.58

REC. DATE 01/07/2016 01/22/2016 01/27/2016 01/29/2016

TYPE 1040 1040 CIVP 1040 941 1040 1040 1040 944 1040 1040

AMOUNT $31,286.56 $32,911.16 $28,785.02 $8,041.44 $6,510.90 $342.10 $12,070.39 $28,440.98 $26,342.77 $32,887.45 $29,406.73

REC. DATE 01/04/2016 01/04/2016 01/06/2016 01/06/2016 01/07/2016 01/13/2016 01/25/2016 01/25/2016 01/25/2016 01/28/2016 01/28/2016

TYPE 940 1040 941 6721 6721, 941 1040 1040 1040

AMOUNT $805.74 $63,835.72 $28,161.42 $1,489.89 $36,150.83 $139,510.07 $47,312.99 $14,570.31

REC. DATE 01/04/2016 01/04/2016 01/04/2016 01/06/2016 01/06/2016 01/07/2016 01/25/2016 01/28/2016

FEDERAL TAX LIENS NAME/ADDRESS Christopher Burney, 1300 Angelina Bend Drive, Denton Rocky N. and Nona Runnels, 3939 Teasley Lane, Lot 348, Denton Mark A. Balic, 1408 Teasley Lane, Apt. 2924, Denton William F. Garcia, 814 Anderson St., Denton John D. Shiver and Associates Inc., 520 N. Austin St., Denton Joshua Macfall and L. Stephens-Macfall, 1114 Anna St., Denton Christopher G. and Lorena Argo, 3921 Grant Parkway, Denton Lynette T. Brown, 5021 Teasley Lane, Denton Tim W. Parker, Vapormax, 1776 Teasley Lane, Suite 112, Denton Clifton W. Hawk, 305 Marietta St., Denton Kendall W. and Amanda D. Robertson, 6409 Daisy Drive, Denton

RELEASE OF FEDERAL TAX LIENS NAME/ADDRESS GSAT Inc., 6005 English Manor Road, Denton George W. and Peny J. Stanley, 1901 Fordham Lane, Denton US Trinity Contractors LLC, 200 Highland Circle, Argyle Firstcare Medical Center, 2185 Brinker Road, Suite 100, Denton Firstcare Medical center, 400 S. Carroll Blvd., Suite 2000, Denton James T. and Penny Pollard, 1220 Tate Lane, Argyle Timothy Seymour, 708 Massey St., Denton James P. Campbell, 1313 Wilderness St., Denton

MECHANICS LIENS NAME/ADDRESS Thomas and Jennifer Ponder, 2220 Stonegate Drive, Denton Dustin and Terra Lyon, 3505 Forrestridge Drive, Denton

CONTRACTOR DeWeerd Construction Roberts Jody Construction Inc.

AMOUNT $83,712.00 $38,052.00

REC. DATE 01/12/2016 01/26/2016

ASSUMED NAMES

The following names (followed by DBA and address) were posted in January at the Denton County Clerk’s office.

NAME — DBA/ADDRESS

Andrea Gorham, Tree Folk, 2570 Whiterock Road, Denton Argelia Marmolejo, Marmolejo Cleaning Co., 805 Brock Circle, Denton Austin Lee Olson, Alo Services, 2712 Mistywood Lane, Denton Blissality LLC, Blissality LLC, 2508 Champlain Lane, Denton Blissality LLC, Hey Lizzy, 2508 Champlain Lane, Denton Calandra and David Arvisu, A2Z Irrigation Sercies, 4608 E. University Drive, Denton Carol T. Collins, Carol’s Custom Draperies and Interiors, 112 W. Oak St., Denton DeMary Britton, AM Plumbing, 210 S. Elm St., No. 108, Denton Emily Roan, Feisty and Free, 1106 Piping Rock St., Denton Harald Gamsjager, Artip, 3213 Evening Wind Road, Denton Javier Moreno, 3 J’s Ready Mix Concrete, 1312 Paco Trail, Denton Jeffrey Jean-Michel, Resue Me Locksmith, 1800 Jason Drive, No. 129, Denton

Jo Lynn Cardwell, Raptor Bikes, 300 W. Oak St., Suite 1000, Denton Kathryn Cunningham, Kate C. Jewelry, 1710 Sam Bass Blvd., Apt. 802, Denton Keith Wilson and David York, TD Inc., 2504 Chaparral Court, Denton Kenneth G. DuBois II, KGD Two Cruises LLC, 8809 Grandview Drive, Denton KKDFY Properties LLC, KKDFY Coronado Series LLC, 1820 Broadway St., Denton Marily Lee Carmean, Carmean Property Tax Consulting, 2624 John Drive, Denton Marla Walters, DSW Shoe Warehouse No. 29211, 2201 S. Interstate 35E, Suite E, Denton Mitchell McNary, McEnterprises, 2314 Jacqueline Drive, Denton Mohammad M. Abbas, Petra Garden, 706 Fort Worth Drive, Denton Mohsen, Kevin and Oskar Jrade, Jrade Group Inc., 716 W. Mulberry St., Apt. 4, Denton Reyna Castillo, Woody’s Tree service/Martin and Son’s Roofing, 1401 Fort Worth Drive, Denton Rueben George, Gospel Church, 2204 Bernard St., Denton

Sabino Torres, Torres Roofing 22C, 601 Apollo Drive, Denton Sharada M. and Rasik M. Patel, Clayton House Motel, 1111 W. University Drive, Denton Stephanie Fain, Collected Salon Galleries Inc., 2735 Wind River Lane, Suite 150, Denton Stephanie Fain, DaKiton Inc., 2735 Wind River Lane, Suite 150, Denton Sushimotto Corp., Service Industry by Sushimotto, 222 W. Hickory St., Suite 103, Denton Tobius Sims, S Trucking Services Inc., 4300 Bay Meadows Drive, Denton Tyler Jenkins, Brothers Waste Services, 5404 Soledad Drive, Denton Walter Jaeger, Wlater Jaeger Consulting Services, 2720 Moncayo Drive, Denton William Wooten, Will Wooten for Denton, 1400 Morin Drive, Denton Wyatt Gooden, Wyatt Gooden, 1030 Dallas Drive, Apt. 1221, Denton Zachary Doire, Thomas Welding and Fabrication, 606 W. Collins St., Denton

SALES TAX

The following sales permits were issued by the state comptroller’s office for January. The list includes the owner, name of business and address within ZIP codes 76249, 76258, 76259 and 76266.

SALES | CONTINUED FROM PAGE 18

Robert Joseph Forsyth, Gunfighter Supply, 5476 Odneal Road, Krum

76249 Gavin W. Pillow, BYD Rod And Custom, 1830 Darby Smith Road, Krum Onyx Ops LLC, NTX Weaponry, 1222 Eagles Nest Trail, Krum

76258 Alfieri Bianconi, Rocco's Barbershop, 112 N. Washington St., Pilot Point Cowboy Court LLC, Cowboy Court LLC, 10000 Wilson Road, Pilot Point

February 2016

The following sales infomration for Denton County was issued in the Freeman Autoplex Recap by Freeman Publishers.

STATE TAX LIENS NAME/ADDRESS Daniel W. Caldwell M.D. P.A., 3319 Colorado Blvd., Denton Jennifer Lee Hitchcock, 3808 Drexel Drive, Denton Desiree Dianne McCauley, 222 S. Elm St., Denton Janice C. Blair, 1819 Stonegate Drive, Denton

Denton Business Chronicle

Eugenio Trujillo, Soto Ralph's Cosina, 1225 N. U.S. Highway 377, Pilot Point Rent-A-Flick LLC, Rent-A-Flick LLC, 750 U.S. Highway 377, Pilot Point

76259 Mark A. Hammond, Sales Sales Sales, 12041 Virginia City Lane, Ponder

DOMESTIC CARS Make Acura Buick Cadillac Chevrolet Chrysler Dodge Fiat Ford GMC Honda Jeep Lexus Lincoln Mazda Mercedes-Benz Mitsubishi Nissan Ram Subaru Toyota Volkswagen Others Total

Dec. sales 1 2 10 73 20 77 0 100 0 125 5 0 0 20 0 0 196 0 11 75 53 0 768

DOMESTIC TRUCKS Year to date 10 51 118 850 215 602 0 1,649 1 1,443 161 0 1 227 0 0 1,621 15 85 812 673 20 8,554

IMPORTED CARS Make Acura Alfa Romeo Aston Martin Audi BMW Bentley Buick Chevrolet Ferrari Fiat Ford Gem Honda Hyundai Infiniti Jaguar Jeep Kia Lamborghini Land Rover Lexus Lincoln Lotus Maserati Mazda McLaren Mercedes-Benz Mini Mitsubishi Nissan Porsche Ram Rolls Royce Smart Subaru Tesla Toyota Volkswagen Volvo Others Total

Dec. sales 0 0 1 0 2 0 0 7 0 0 0 0 28 24 0 1 0 73 0 0 1 0 0 0 32 0 0 0 11 6 1 0 0 0 23 6 74 5 0 2 297

Year to date 1 0 1 9 20 3 0 69 0 0 17 0 286 467 2 2 4 723 2 0 6 2 0 3 375 0 24 2 179 111 4 6 0 0 262 54 968 42 0 5 3,649

Ragenna A. Prince, Cowtown Awards & Trophies, 210 King George Way, Ponder Top Hand Auctioneers and Robert Genova, Top Hand Auctioneers, 150 January Lane, Ponder

76266 Appliance Technology LLC, Appliance Technology LLC, 3926 W. FM455, Suite 90, Sanger Benjamin Chessman, Jubilee Farm, 3185 Cowling Road, Sanger Carol S. Harper, Captured Memories Live, 1805 Bucklew St., Sanger Cerca Downhole Technologies LLC, Cerca Downhole Technologies, 403-B Acker St., Sanger

Make Buick Cadillac Chevrolet Chrysler Dodge Ford Freightliner GMC Honda International Jeep Kenworth Lexus Lincoln Mack Mazda Mercedes-Benz Mitsubishi Nissan Peterbilt Ram Subaru Toyota Volkswagen Volvo Others Total

Dec. sales 0 23 220 0 28 445 1 81 33 1 139 0 0 1 0 0 1 16 10 1 139 23 25 0 0 0 1,187

Year to date 0 291 2,478 2 200 4,157 23 1,089 508 5 1,153 4 3 3 1 0 8 219 194 11 1,084 228 265 0 4 10 11,940

IMPORTED TRUCKS Make Acura Audi BMW Buick Chevrolet Fiat Ford Freightliner Fuso Hino Honda Hyundai Infiniti Isuzu Jeep Kia Land Rover Lexus Lincoln Mazda Mercedes-Benz Mini Mitsubishi Nissan Porsche Ram Subaru Toyota Volkswagen Volvo Western Star Other Total Total vehicle sales

Dec. sales 2 1 0 15 1 0 6 0 0 0 33 22 0 6 17 75 0 1 0 37 0 0 14 59 0 2 49 16 9 0 0 0 565 2,817

Year to date 10 3 3 169 44 0 85 0 0 0 360 192 3 40 89 762 7 7 2 342 4 0 128 1,338 2 10 351 1,107 82 3 1 1 5,145 29,288

Darla Reese, Sanger TX Resale, 96 N. Highland Drive, Sanger HRB Technology LLC, HRB Technology LLC, 306 Bolivar St., Suite C1, Sanger Kailey Mooney, Kailey Mooney, 56 N. Highland Drive, Sanger Team Blake 84 Inc., Blakes Snow Shack, 400 Locust St., Sanger Thomas C Reese, Platinum Contractors, 1008 N. 5th St., Unit 674, Sanger William S. Snyder, New Cross Photography, 2012 Benjamin Drive, Sanger

20 Denton Business Chronicle

February 2016