June Denton Business Chronicle 2014 by Denton Media Company

2 Denton Business Chronicle

Jun. 2014

Monthly News Recap 5-17

5-21

County property values up $10.3 billion

Pilot Point aims to outflank payday lenders

Denton County property values are up $10.3 billion this year, an increase of nearly 18 percent, driven by a surge in residential and commercial growth. The sharpest rise came in industrial property, which has grown 62 percent since last year to $208.6 million, largely because of a new Target distribution center that opened last year. And several cities in the county — including Denton, Lewisville, Little Elm and Hickory Creek — saw property values rise more than 20 percent over last year, according to the preliminary tax roll released recently by the Denton Central Appraisal District. The combined property valuations for Denton County are estimated at nearly $67.9 billion, compared to the certified tax roll last year of $57.6 billion. For the city of Denton, property values this year are estimated at $8.6 billion, compared to $6.9 billion last year. The preliminary values are likely to be adjusted as property owners challenge their valuations in coming months.

With new zoning rules for payday and title lenders, Pilot Point became the 10th Texas city to enact land-use regulations as a way to rein in predatory lending. The ordinance was the last major piece of city business for outgoing Mayor Pete Hollar, who presided over the vote Monday night before handing the gavel to Shea Dane Patterson, who ran unopposed in the May 10 election. The council added three amendments to its code of ordinances for anyone considering bringing such a business to this northeastern Denton County city of 4,000. Pilot Point has defined and restricted the businesses to certain commercial districts with a special-use permit. In addition, each creditaccess business must be 2,000 feet away from any other creditaccess business. With the new rules, Pilot Point joins a number of other North Texas cities in restricting the businesses through zoning, including nearby Little Elm. According to the Texas Municipal League, as of April, nine cities statewide have restricted the businesses this way. Fifteen other Texas cities have adopted ordinances that regulate the practices of creditaccess businesses, which have found ways around longstanding Texas laws that regulate consumer creditors. A Denton Record-Chronicle investigation last year found local residents who, through payday lenders, inadvertently became entangled in debt that they could not pay off.

5-20

Texting ban goes into effect in Denton A ban on texting and other distractions while driving went into effect in Denton on May 20. The new ban, which carries a maximum $200 fine, is similar to one adopted in Arlington in 2011 that prohibits drivers from using their cellphone for anything other than for a phone call. The ban prohibits the use of Facebook, using a GPS device or app or searching the Internet. The ban will not apply to the interstate highways that go through Denton, officials said. Texas is one of just seven states without a ban on texting and driving. The state Legislature passed a ban in 2011 but Gov. Rick Perry vetoed it.

New council steps up Some election-night exuberance spilled into the council chambers May 20, as a standing-room-only crowd cheered and clapped after Chris Watts took his oath of office as Denton’s new mayor. The transition of power took

about two hours Tuesday evening with a reception, speeches and presentations to honor outgoing Mayor Mark Burroughs and City Council members James King and Pete Kamp, who was out of the country. Burroughs and Kamp had reached their term limits. King, who had served two terms in Place 6, opted to not run again. The council canvassed the vote, making official the results from the May 10 election, which saw greater voter turnout for a local election than Denton has seen in some time. A total of 5,167 people, or about 8.5 percent of the city’s registered voters, cast ballots, including more than 700 absentee ballots. Also sworn in were John Ryan in District 2, Dalton Gregory in Place 5 and Greg Johnson in Place 6.

and that some people were traveling from as far away as Houston to get their prescriptions filled in Denton. According to a sworn statement from police, Susan Megwa also filled prescriptions for herself from a dentist in Pilot Point who no longer held a license to practice and did not have a valid federal registration for prescribing drugs. Susan Megwa has been licensed with the Texas State Board of Pharmacy since 2009 and her business has been registered since January 2010, records show. She is the only pharmacist registered to the pharmacy. Eronini Megwa was a partner with the pharmacy and received employee benefits, Fleming said. Arrest records show he received $875 every two weeks via Paychex from Meg’s Discount Pharmacy LLC.

5-23

Police: Denton business 5-24 Signatures gathered was a drug hub for liquor proposition A Denton pharmacist and her professor husband were among six people arrested during an ongoing two-year investigation by Denton police into Megs Discount Pharmacy on Sunset Street. Susan Jenevive Megwa, 50, of Southlake has been charged with three counts of diversion of controlled substances and one count of laundering over $200,000 at the pharmacy she owns and operates. Her husband, Eronini Megwa, 59, an associate professor of communications at the University of Texas at Arlington, was taken into custody at UTA and charged with laundering over $200,000, investigators said. Investigators said the pharmacy was believed to be a hub for drugs for many residents of Dallas and Fort Worth, including doctors from south of Dallas. Denton police indicated that they had received previous reports about the ease with which medications could be obtained from Megs Pharmacy

A local option election may be on the November ballot in Denton, a ballot growing heavy with local issues. A political consulting group began collecting about 6,500 signatures that would be needed to place a proposition on the ballot that would allow the sale of mixed drinks and liquor store sales. John Hatch of Texas Petition Strategies said his firm was working with Denton First, a group of local bar owners who would like to see the private club restriction that currently governs local alcohol sales removed. The group has 60 days to collect the required number of signatures, which is 35 percent of the total who voted in the last gubernatorial election. However, Hatch said they plan on finishing before July 11 so the local option election could be considered for the Nov. 4 election. Texas Petition Strategies has helped hundreds of jurisdictions in Texas with local option elections, including recent elections

in Plano and Arlington, Hatch said. Denton loses some business, and the associated sales tax revenue, to Corral City, Cross Roads, Lake Dallas, Lewisville, Little Elm and other nearby cities that allow liquor sales. Using census data, Texas Petition Strategies estimated that Denton could see another $33 million in local spending, with $685,000 in local sales tax revenue, if voters approve the new local option. 5-27

Denton settles lawsuit Denton has settled a threeyear-old whistleblower lawsuit from a former Denton Municipal Electric employee, according to documents obtained by the Denton RecordChronicle. Documents signed earlier this year showed the city agreed to pay Terry Jones $80,000 to settle the case. The city issued checks in March, including $5,000 to Jones for back pay and $60,000 in damages. Another $15,000 was issued to his attorney for court costs and legal fees. Denton County court records show the city had tried since 2012 to get the case thrown out, claiming the court had no authority to decide the matter after Jones filed his suit in 2011. No findings were ever made on the merits of Jones’ claims against the city. According to

| CONTINUED ON PAGE 9

June 2014 | Vol. 10, No. 4 Publisher: Bill Patterson The contents of this free publication are copyrighted by Denton Publishing Company, 2014, 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

Contents |

June 2014

12 | Construction surge Businesses are relocating, expanding and joining the Denton community.

Calendar of Events Altrusa International Inc. of Denton meets for its monthly dinner and program at Cartwright’s Ranch House, 111 N. Elm St. Cost is $12 per person. Call 940387-5031 for reservations. Tuesday, June 24, 6:30 p.m.

Association of Business Contingency Planners, North Texas Chapter has its monthly meeting at Boy Scouts of America headquarters, 1325 W. Walnut Hill Lane in Irving. Visit http://northtx.acp-inter national.com/index.php/events. Tuesday, July 1, noon

Aubrey 380 Area Chamber of Commerce meets at Prairie House, 10001 E. U.S. Highway 380 in Cross Roads. Cost is $12 per person, reservations required. Call 940-365-9781 or email chamber@aubreycoc.org.

Home Builders Association of Greater Dallas, Greater Denton Division has its monthly meeting and luncheon at Texas Land & Cattle, 8398 S. Interstate 35E in Hickory Creek. Cost is $18 for associates and builders with reservations and $20 for walk-ins. Call 940-3830853. Tuesday, June 24, 11:30 a.m.

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

free to attend and held at Denton’s South Branch Library, 3228 Teasley Lane. For more information, call 940-382-2051. Wednesday, July 2, 11 a.m.

North Texas Society for Human Resource Management meets at Holiday Inn Hotel and Suites, 1434 Centre Place Drive in Denton. Cost to attend is $18 for members and first-time guests and $23 for returning nonmembers. Visit www.north texasshrm.org. Thursday, June 26, 11:30 a.m.

Krum Chamber of Commerce holds its monthly meeting at Northstar Bank, 1101 E. McCart St. in Krum. Call 940-482-6093.

Oakmont Women’s Club meets in the St. Andrews Room at Oakmont Country Club in Corinth. For more information, call 940-3215599 or visit http://oakmont womensclub.org.

Thursday, July 3, 6:30 p.m.

Tuesday, July 8, 10 a.m.

Thursday, June 19, 9 a.m.

Wednesday, July 16, 11:30 a.m.

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

Features

Index

6 | Good fortunes Denton repair shop starts making donations to charities.

11 | Still looking good Sally Beauty celebrates 50 years in business.

18 | Bells will be ringing New wedding venue strives for rustic elegance in Aubrey.

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

Photo by Al Key

Who to contact Scott K. Parks Managing Editor 940-566-6879 | sparks@dallasnews.com Sandra Hammond Advertising Director 940-566-6820 | shammond@dentonrc.com

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

Wednesday, June 25, 7:15 a.m. (Corinth) Wednesday, July 2, 7:15 a.m. (H. Creek) Wednesday, July 9, 7:15 a.m. (Corinth)

Friday, July 11, 7:30 a.m.

Denton League of United Latin American Citizens No. 4366 meets at the Denton Senior Center, 509 N. Bell Ave. Saturday, July 19, 9:30 a.m.

Lake Cities Netweavers business networking group meets at Sidewalk Bistro, 2900 Wind River Lane. For information, email info@lcnetweavers.com.

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

Electronics recycling will take place at The Cupboard Natural Foods and Café, 200 W. Congress St. Drop off any computer-related equipment. Fees may apply. For a list of accepted items and for more information, visit http:// computercrusher.com. Saturday, July 12, 8 a.m.

Hickory Creek Planning and Zoning Commission meets at Hickory Creek Town Hall, 1075 Ronald Reagan Ave. Wednesday, July 2, 7 p.m.

SCORE, the Service Corps of Retired Executives, offers free management counseling for prospective new business owners or existing businesses in trouble. Confidential, one-hour counseling sessions are available by appointment every Wednesday at Denton’s South Branch Library, 3228 Teasley Lane. Call 940-349-8752. Wednesday, June 25, 9 a.m. Wednesday, July 2, 9 a.m. Wednesday, July 9, 9 a.m.

Lake Dallas 4A Economic Development Corp. meets at Lake Dallas Municipal Complex.

Small Business Breakfast meeting sponsored by the North Central Texas College Small Business Development Center at the Denton Chamber of Commerce, 414 W. Parkway St. A light breakfast is provided. Call 940380-1849.

Monday, July 7, 7 p.m.

Tuesday, July 8, 7:15 a.m.

Thursday, June 19, 8 a.m. Thursday, June 26, 8 a.m.

Wednesday, July 9, 6:30 p.m.

On the cover: Hickory Street in downtown Denton is the site of plenty of commercial construction projects.

Lake Cities Chamber of Commerce meets for coffee at Corinth City Hall, 3300 Corinth Parkway, and at Re/Max Lake Cities, 3960 FM2181, Suite 100 in Hickory Creek.

Thursday, July 3, 8 a.m. Thursday, July 10, 8 a.m.

Lake Dallas 4B Community Development Corp. meets at Lake Dallas Municipal Complex. Monday, July 14, 7 p.m.

Women Business Owners of Denton County will hold its monthly luncheon at Sapphire’s Café & Catering, 1165 S. Interstate 35E, Suite 128 in Lewisville.

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

Please tell us about your event or meet-

Thursday, July 11, 7 p.m.

ing by emailing Jenna Duncan at jdun-

Tuesday, July 1, 11:30 a.m.

can@dentonrc.com; by fax at 940-566-

Networking for Careers brings hiring managers from Denton companies to help the unemployed find jobs locally. Meetings are

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.

Denton Business Chronicle

Jun. 2014

4 Denton Business Chronicle

Jun. 2014

Enterprising Voices

Determining how much cash to invest “Our cost of capital is what can be produced by our second best idea.” — Warren Buffett, at a 2014 shareholders meeting

very year we make the trek to Omaha to take part in the “Woodstock for Capitalists” — the annual Berkshire Hathaway shareholders meeting. As reigning kings of the “value investing” mantra, Warren Buffett and business partner Charlie Munger hold court over 40,000-plus pilgrims who gather each year hoping to glean insights about business and investing as the two octogenarians answer questions from shareholders, reporters and analysts. The essay that follows recaps some key takeaways from our visit last month, how those lessons relate to today’s odd market levels, and the implica-

Jonathon FITE | tions for our own portfolio. While a bit esoteric to the layman investor, the above quote from Buffett perhaps was the most poignant of the weekend. When asked by a shareholder what Berkshire’s cost of capital was — and if Berkshire can still earn a return above that level — Buffett quipped the headline quote. Seemingly superficial in his response, we felt it spoke volumes to how a businessperson thinks about investing. At business schools around

the country, academics conjure complex formulas to derive a company’s “cost of capital,” which represents the baseline hurdle rate of return that managers should beat when they allocate company cash to new investment ideas. In classic Buffett fashion, he took a simpler view. If we could buy two businesses — XYZ or ABC — and chose XYZ, the cost of capital is what we would have made with ABC. Obviously, investing in XYZ would only make sense if it offered a superior return. So what? Well, with the run-up of share prices over the past few years, combined with a recent spate of announced mergers (which push prices up even further) and the uncertainty of where interest rates may go once monetary stimuli are removed, fewer bar-

gains abound. The hurdle rate that new ideas must overcome — our best existing idea — is a tall order. We spend the vast majority of our time looking for new bargains to add to our portfolio. Over the past six months, we have found a couple we were happy to add to our ranks. But as we inspect new ABCs to add to our portfolio, few seem better than the XYZs we already own. Interestingly, over the past six months, several names we own have had little net change in their share price, but along the way they may have fallen 10 percent to 20 percent — or even more! — only to have rallied back to where they stood at year’s end. Take Apple for example, which, having rallied to $570 or so in December, fell almost to $490 in January before rallying

back above $625 at the end of May. We loved being able to add to one of our favorite names at a 15 percent discount. Fortunately, Apple was not the only name in our fund that offered a better price these past few months, and when we were given the opportunity to buy more at better prices, it seemed like the best thing to do. We have put a lot of cash to work since January. Yet, some might question this stance. Market benchmarks are at or near all-time highs. Measures of volatility are near all-time lows (a contrarian signal that indicates market fear — and falling prices — may soon return). China may bust. Putin might invade again. Syria might explode. Interest rates on 10year U.S. Treasuries are below 2.5 percent again, while the yields on the equivalent bonds in France and Germany are even lower. If you believe the

FITE | CONTINUED ON PAGE 15

Prenuptial Bliss Wedding season is upon us and for family lawyers what comes with the wedding season are prenuptial agreements (also called a “prenup”). So what is a prenup? A prenuptial agreement is a contract between a bride and groom which becomes effective on the date of marriage. The couple can agree to just about anything they want in a prenup and we have prepared some very creative agreements! It is best not to wait until right before the wedding to bring up the subject of a prenuptial agreement. The also needs to be ample time to obtain one. The couple should discuss a prenup as soon after the engagement as possible and as far away from the wedding date as possible. This is to not only avoid clouding the aura of wedding bliss with a legal document, but to allow ample time for both to obtain attorneys and to negotiate the prenup. The presumption in Texas is that all property is community property. Separate property simply put is property a person had on the date of marriage, or property that they acquired by gift, devise or decent during the marriage. A person claiming their property to be separate property must prove such property to be their separate property. A court cannot divide separate property in a divorce or deprive a party of their separate property: a court can only divide community property. It is important that a couple reveal to each other what they have on the date of marriage and often such property is defined in the prenup. In a prenup a couple can agree to which property is separate property and which property, if any, will be community property. A couple can agree that they will not have a community property estate.

They can agree that all of the income they each earn will be their separate property. When a couple agree they will not have a community estate, they usually also make agreements as to how household expenses will be paid. Whether there will be a community estate or not, they will agree how income taxes will be handled. Aside from community and separate property, the other main item addressed in a prenup is what will happen in the event of a divorce. If there will be a community estate, some couples agree as to the percentage split of the property. They will usually make agreements as to the marital homestead and any debts acquired during the marriage. A couple will often agree to whether there will be any spousal support during a divorce or alimony or Texas statutory spousal maintenance after a divorce. A couple may even agree that if one of the spouses quit their career to stay at home to raise children and the other spouse is the one with the wealth, that the non-monied spouse will

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be compensated by the monied spouse for that loss of income each year and the income will be the non-monied spouse’s separate property. A premarital agreement is also effective upon death, so it is wise to make sure for the benefit of heirs that an estate planning attorney also reviews the document so they can plan the estate documents accordingly. This is mainly because the couple can make agreements as to their separate and/or community property upon their deaths. It is best that each person have their own attorney to review and advise them as to the premarital agreement. In Texas the prenuptial agreement is presumed valid, meaning it is a valid contract. Therefore, if either person wishes to avoid the agreement, they have a very high burden of proof to do so. At divorce, if there is a prenup, the prenup is the first contested issue. This is because at time of divorce, the prenup is usually inherently unfair to one of the parties, and/or the

prenup was not well drafted, therefore it is either difficult to interpret or contains conflicting provisions. One of the main issues surrounding prenuptial agreements is that the agreement may seem more “fair” at the time of the marriage, however after a long marriage and several children, the agreement can seem appalling to one of the parties. The problem here is that a prenup cannot be set aside by a court because it is no longer fair. Fairness is not the test on setting aside a prenup at the time of divorce. This is why it is so important that anyone thinking of signing such a document is well aware that the document is forever, unless the agreement contains an expiration date or the couple changes the prenuptial agreement during the marriage in accordance with the provisions of the prenup for such changes. During marriage spouses can agree to a postmarital agreement (often called a “postnup”) to make similar agreements that they would make in a premarital agreement. These agreements are also presumed valid and are forever, unless the agreement contains an expiration date or the couple changes the prenuptial agreement during the marriage in accordance with the provisions of the prenup for such changes. A couple can agree in a prenup to just about anything they want, but they cannot make agreements about children. If such agreements are made, these agreements will be against public policy and will have no legal effect. So….if you think you want a prenup, start early, because after the wedding dress is bought, the flowers are ordered, and the RSVP’s are in, it may not be the best time to start negotiating a prenup!

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

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

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Denton Business Chronicle

Jun. 2014

6 Denton Business Chronicle

Business Spotlight

Jun. 2014

5W’s fortunes collide with charity

Owner Jason Weir, front row in green hat, poses with his employees at 5W Collision Repair in Denton.

By Jenna Duncan | Photography by David Minton

The day before the April hail storm struck in Denton, Jason and Brandi Weir decided business was doing well enough at their 5W Collision Repair that they could start donating some of their profits to charity. They decided that for each vehicle the shop repaired, they would donate $50 to a veteran’s organization and $50 to an organization that helps women. And that was even before the hail storm brought a flood of business. “One day we were slow, and decided we wanted to give back to the community,” Jason Weir said. “Now it’s booming. I went from five employees to 14, and

it’s hand-over-fist work, so I couldn’t be happier.” The Weirs were set at the end of May to present the first of what they hope will be monthly donations. Bring Everyone in the Zone, a veteran support organization based in Killeen, and Denton County Friends of the Family, an organization that helps those impacted by rape, sexual abuse and domestic violence, each will receive checks for $2,550. The couple, who live in Denton, opened the shop in December 2012. One of their children came up with the name 5 Weirs — for the five family members — and Brandi short-

ened it to 5W Collision Repair. Jason Weir had worked for a larger chain that was sold, and he decided he was ready to start his own business. “Customers were becoming more numbers than customers, and it was really ‘get a car in and out as fast as you can,’ and my moral compass was having a little fault with that,” he said. Now that the business is making a profit, the couple decided that reinvesting in the business and donating to charity would be the best ways to use their profits, instead of on themselves. Weir, a veteran himself, said he decided on Bring Everyone in the Zone after talking to people

across the street at the Texas Workforce Commission. The organization is small and provides education and support to returning veterans and their families, and focuses on posttraumatic stress disorder, traumatic brain injuries and other trauma from war. “We’re a really small nonprofit. We help a lot of people, but we’re very small and rely totally on donations,” said Maureen Jouett, executive director of the group. “I was very pleased and happy that they were able to do this for us.” In the future, the Weirs may change the charities they donate to each month. For example, if a

local church decides it wants to do a program for homeless veterans, they would consider making a donation there. They also hope that the trend will catch on with other local businesses and larger companies, Weir said. “In our business, there’s a good bit of profit and I want to give back to the community,” he said. “As long as my wife and I own our company, we’re going to give back to the community.” JENNA DUNCAN can be reached at 940-566-6889 and via Twitter at @JennaF Duncan.

Enterprising Voices

When an opinion is fraud A

s social media expand at an exponential rate and communication to the masses is made as easy as the click of a button, the world is spewing its thoughts, views and opinions for everyone to see. Such statements can come back to haunt the party making them — in many ways. Just ask Donald Sterling. So when do statements rise to conduct that may place the party making the statements in jeopardy of being sued for fraud? Fraud or misrepresentation claims must be based on false statements. So long as a statement consists of “pure” opinion, it cannot constitute a false representation. Purity in anything is hard to find. Purity is not so much a condition fixed in time and space, but an ideal or a standard that may be sought after. Like perfection, it is a pursuit and not something that is necessarily attainable. It also is difficult to determine whether a statement is one of opinion or one of fact. Webster’s

Scott ALAGOOD | definition of opinion is “a belief stronger than an impression and less strong than positive knowledge.” Courts seem to follow this definition in most instances. Courts group opinions along with judgments, probabilities and expectations. Therefore, statements made about matters that fall short of positive knowledge should not be actionable as an “opinion.” There are a few exceptions to the general rule that opinions are not actionable fraud or misrepresentations. These exceptions are: I opinions the speaker knows to be false; I opinions mixed with false statements of fact; and

I opinions based on special knowledge. The first exception creates a situation that is difficult to prove in court. The party accused of making an actionable misrepresentation is put in the position having to prove that although their opinion was wrong they didn’t know it at the time. This situation requires that the party asserting the exception to prove a negative, which is difficult if not impossible. So, at best, the party ends up testifying that they didn’t know their opinion was untruthful, hopefully backed up by some sensible rationale, and hopes that there isn’t any direct or circumstantial evidence to the contrary. Otherwise, the simple fact of making an incorrect opinion may be enough to allow the fact finder to imply knowledge of the untruthful nature of the state-

ment. The second exception is fairly self-explanatory. Where a party expresses an opinion mixed with statements of fact that are false, the opinion portion of the statement will not clothe the false facts with any protection. Reliance upon the false facts by the other party will support an action for fraud. Furthermore, where facts are included with opinion, such opinion cannot be considered pure. The final exception relates to opinions based on special knowledge. Special knowledge means knowledge of specific facts that underlie the false opinion. However, many courts appear to often confuse special knowledge with special expertise held by persons such as doctors, lawyers or engineers. In practice, this exception often makes it difficult for the accused to use the “opinion” defense where the accused party is significantly more sophisticated than the party to whom the statement

was made. When correctly applied, this exception will negate the “opinion” defense if the party making the statement has actual knowledge of or special access to particular facts underlying the false statement and the party relying upon such statement does not have such knowledge or access. Making false statements of opinion can place a party in potentially hot water. To reduce the chances of being sued for fraud over incorrect statements, consider the following suggestions: I Make it clear when you are expressing an opinion that you are only expressing your opinion. Phrases such as “in my opinion,” “I believe,” “speaking for myself” and “I think” will help bolster an argument that the statement was not a statement of fact, but instead an opinion. I Be certain that any factual ALAGOOD | CONTINUED ON PAGE 20

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Denton Business Chronicle

Jun. 2014

8 Denton Business Chronicle

Jun. 2014

CCaring ompassionate, Services

Business Mixers Ribbon-cuttings

with Dignity

The Denton Chamber of Commerce celebrated the openings of businesses with ribbon-cutting ceremonies.

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Monthly News Recap | CONTINUED FROM PAGE 2

city spokeswoman Lindsey Baker, an agreed order was filed in the case after both sides negotiated the settlement; the case was expected to be closed upon the judge’s review. In the end, the city’s costs to hire an outside firm to represent the city in the case topped $215,000, although the staff originally estimated it would cost about $100,000, documents showed. Jones, a former superintendent who had worked at Denton

Municipal Electric for five years, filed his claim under a state law that protects public employees from retaliation when they report official wrongdoing. Early on, he had refused to sign an agreement that would have offered him nearly $21,000 to resign, waive his right to sue and refrain from disparaging the city. In court documents, Jones alleged that he was targeted for threatening to report violations of federal electric reliability standards and for complaining about favoritism in the workplace. Jones reported compli-

ance problems in September 2010 to the Texas Reliability Entity, which enforces the federal standard. The city placed him on leave that month and later fired him. 5-28

City receives first lady’s Texas Treasures Award It’s now official: Denton is a Texas Treasure. The special award, an initiative from the office of Texas first lady Anita Perry and the Texas Historical Commission, was

handed out at the historic Courthouse on the Square, making Denton the 10th Texas city to garner such distinction. The award is given in recognition of communities that showcase their dedication to preservation efforts through participation in state and local programs. Denton’s features that contributed to the award include the restored Courthouse on the Square with its original, working clock, a Main Street district that includes businesses in historic buildings, the Denton County African American Museum and

the North Texas Horse Country Tour, according to a news release from the Texas Historical Commission. The historical commission also cited preservation efforts by residents and organizations, including the Denton County Historical Commission, the city’s Community Development Division, the Denton Convention and Visitors Bureau, and the Downtown Task Force and economic development board. | CONTINUED ON PAGE 21

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Denton Business Chronicle

Jun. 2014

10 Enterprising Voices Name change honors key era

joint initiative originally proposed by the Denton Chamber of Commerce’s Board of Directors and Past Board Chairs Council finally came to fruition June 3 when the city of Denton formally renamed the Center for the Visual Arts in honor of Fred and Patsy Patterson and Roy Appleton Jr. Appleton served as board chairman in 1961-62, and Fred Patterson headed the chamber during the 1979-80 program year. All three were instrumental in fulfilling multiple visions for the local arts, as well as a significant economic development campaign that was well ahead of its time. Fred’s son Bill also is a past chairman of the chamber board, serving during the 199798 program year. The Patterson-Appleton team ran the Denton Record-Chronicle for many years. Equally important, however, is that they represented an era in which the leadership of the chamber stepped up to implement some major initiatives that clearly justify our current “Denton Original Independent” brand. Today we can thank them for the annual Denton Arts & Jazz Festival, Denton’s connection to the North Texas Public Broadcasting Corp., local cable service, the Denton State Supported Living Center, the Federal Emergency Management Agency regional headquarters, Peterbilt, Tetra Pak and Victor Equipment — enterprises all initiated through the Denton chamber.

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president of the Denton Chamber of Commerce. He can be reached at dcoc@ denton-chamber.org.

Chuck CARPENTER | While the center is now named after the Pattersons and Appleton, the intent of this chamber initiative was to make sure that the ’60s-’70s-era leadership was acknowledged. The aforementioned community achievements were touched by several other key players, such as L.L. Armstrong, Homer Bly, Tom Harpool Jr., L.A. Nelson, W.C. Orr Jr., Marvin Ramey and Bill Utter Sr. Today’s era obviously is exciting and vibrant in its own right. Those individuals who came to the chamber table 50-plus years ago, however, in my opinion, laid the foundation for keeping our city from ever being thought of as just a Dallas-Fort Worth suburb. They managed to put Denton on a whole lot of different radar screens, without the help of social media. Most of their efforts involved pure human resources, creativity and ingenuity. My favorite chamber cliché is, “We don’t make things; we make things happen.” Fred, Patsy and Roy are the faces of an era in which the Denton Chamber of Commerce definitely made things happen. CHUCK CARPENTER is

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Business Spotlight

Sally Beauty marks 50 years By Jenna Duncan Photography by David Minton

When Gary Winterhalter first started working for Sally Beauty Holdings in 1987, it was the year of international acquisitions. The company, worth about $120 million at the time, acquired 30 stores in Great Britain that year and began looking elsewhere around the world. As the Denton-based company marked its 50th anniversary May 18, with Winterhalter now the company president, Sally Beauty has stores in 10 countries outside the United States with holdings worth $4 billion. “This is a big deal for us, a 50th anniversary,” he told a crowd gathered at the Denton headquarters for an anniversary celebration May 14. “I don’t know how many companies in our industry have been able to say they’ve been around for 50 years.” Winterhalter became president in 2005 but is planning to transition out of his current role over the next year, while remaining the company’s chairman. Christian Brickman is joining as president and CEO in June. At the anniversary celebration, Winterhalter expressed his confidence in the company and Brickman, and reflected on 50 years of success. “It’s been exciting,” he said. BORN ON THE BAYOU The company was founded in 1964 in New Orleans with just a few stores, but during the 1970s it began to grow. Then, in 1982, Sally Beauty relocated its corporate headquarters to Denton. “To all of us in the industry, that building was like the Taj Mahal,” Winterhalter said in a recent interview. “It really was, coming from our backgrounds.” SALLY | CONTINUED ON PAGE 14

A model dressed as a Sally Beauty shopping bag walks around at Sally’s 50th anniversary party May 14 in Denton.

11 Denton Business Chronicle

Jun. 2014

12 Cover Story

Denton Business Chronicle

Jun. 2014

Construction projects abound

NV Cupcakes soon will reopen with Sprockets Bike Shop at 231 W. Hickory St.

By Jenna Duncan | Photography by Al Key

Construction crews are covering the city of Denton for public works projects, but private construction also is growing locally. Businesses are relocating, expanding and joining the community while other construction projects include lucrative housing projects as the economy continues to strengthen, helping local real estate agents and construction firms. “Our business — the only way

to describe it is phenomenal,” said Greg Johnson, CEO and managing partner of Verus Real Estate Advisors. “What excites me so much is the opportunity that we have a city and the types of brands we’re able to talk to — and are listening — when three or four years ago we couldn’t get

them to return our phone calls. It’s a really good time right now, for sure.” In the brokerage division of the company, revenues from January to May already have surpassed all revenues from 2013, and Johnson said “we had a really good year last year.”

Nationally, private construction in April was up 11.7 percent from a year ago and worth $686 billion, according to U.S. Census Bureau data. While data for this year has grown steadily since January, the growth locally has been more significant. For Lee Ramsey, CEO and owner of Links Construction, requests for bids on projects are more frequent than last year in Denton and around the state. He estimates the company will have about 30 percent more

business than last year if the upswing continues through the rest of the year. “There’s been a pent-up demand for projects, so now the economy is having an uptick and those projects that have been on hold are being released,” he said. COMMERCIAL The biggest commercial construction surge has been for restaurants, Ramsey said. Links has been overwhelmed with requests for proposals in Denton

and across the state for new construction of restaurants. New projects around Denton include a BJ’s Restaurant and Brewhouse going in at Unicorn Lake and Corner Bakery Café and Pollo Tropical outside Golden Triangle Mall. For Verus, shopping centers that incorporate restaurant space alongside retail and office space are underway. On the west side of Teasley Lane, construction is underway across from Kroger for a 16,000-square-foot shopping center that will open in July with a Taco Bell, Anytime Fitness and Luxor Nail Salon. Two suites are available for lease. “I think it will be the coolestlooking retail building in Denton,” Johnson said. “It has a lot of granite tile on the outside and different metals. We’re trying to depart from your typical brick and stone retail center and go with something a lot more modern.” A similar center is being built near Little Elm at U.S. Highway 380 and Navo Road. That area is growing rapidly and a new high school is being built across the street from the center, which Johnson expects will have national retail tenants. Renovations are happening at older buildings in the area to make room for new retail. Mattress Depot will open in a former dry cleaner on University Drive this year, and Ramsey is working toward Roy’s Wash and Dry opening on McKinney Street in the coming months. DOWNTOWN DENTON Real estate on the Square also is updating to fit new businesses. In the coming weeks, NV Cupcakes and Sprockets Bike Shop will open on West Hickory Street in a conjoined space that the business owners renovated mostly on their own. The two businesses had different locations but thought moving to the Square would increase foot traffic and improve business, said Ngoc Nguyen, co-owner of NV Cupcakes. “Hopefully this will be a good space for us,” she said. “When you first walk in, it’s divided into three, so I’m on the first lefthand side, then the middle will have a bar area to sit down, and everything else is [Sprockets].”

13 Denton Business Chronicle

Jun. 2014

The former Wienerschnitzel and Mi Casita at the corner of Interstate 35E and Loop 288 outside Golden Triangle Mall was demolished last month, as construction projects around the mall and I-35E expansion work continue. Next door, Hypnotic Donuts is overhauling the old Denton Radio building with the help of Verus, Johnson said. The project was delayed because the building was not up to code, so they have gutted the building, dropped the floor and added allnew utilities, Johnson said. “It’s a complete renovation underway,” he said. “It’s going to be a really cool atmosphere with an outdoor patio in the front, and we are handing the building over to them for their own interior renovations soon.” According to construction permits filed with the city, construction is underway at other existing buildings downtown, including one for Bet the House

Barbecue on Elm Street. Christina Davis, a marketing specialist with the city’s economic development department, said properties in the area are under renovation pending tenants near Elm and Oak streets, and that a tattoo parlor, yoga studio and coffee house should join the scene by the end of the year. RESIDENTIAL, MIXED-USE Very close to Hypnotic Donuts, Links is working on the H Squared apartment complex, which will bring one- and twobedroom apartments to the Square. The ground floor is planned for retail space, Ramsey said. “Hickory Street will be fin-

ished in August,” he said. “We have a few commercial tenants who are already interested, so that’s exciting.” That is one of the developments Links is building to help keep young professionals in the area. They also are building a larger complex at Unicorn Lake, with the first phase expected to be complete by the end of the summer. Both apartment complexes will have high-end features like granite counter tops and stainless steel appliances. The Unicorn Lake apartment project is going so well that phase two will begin in the fall, and the developers have decided to add a third phase that wasn’t

in the original plan. That phase will feature 16,000 square feet of additional office and retail space, with construction scheduled to begin in the spring. Projects are expected to pick up in the coming months, as construction tends to peak during the summer, though Johnson said this year already has outdone itself. “We’re just so excited about the way the year has started off, and I don’t think it’s just us,” he said. “I think in general the whole market is on fire.” JENNA DUNCAN can be reached at 940-566-6889 and via Twitter at @JennaF Duncan.

14 Business Spotlight

Denton Business Chronicle

Jun. 2014

Guests arrive through the atrium at Sally Beauty headquarters for the company’s 50th anniversary party May 14 in Denton. SALLY | CONTINUED FROM PAGE 11

The 1980s were a period of rapid growth for the company, starting with 39 stores and ending the decade with 823. In 1983, the company introduced a new division for salon equipment and made its international debut in 1987. “The year I joined was the first international acquisition and now we’re here,” he said. By 1991, the company had 1,000 stores. Sales were growing, too. In 1993 the company had $500 million in annual sales and by 1998 had doubled that to $1 billion. In 1996, the company started the Beauty Systems Group — Winterhalter’s largest project — which sells salon products exclusively to licensed professionals.

“BSG was my baby,” he said. “Our first acquisition was in Chicago to primarily get stores for Sally’s ... but when we saw those brands wanting presences in stores, the $4 million division grew through acquisitions.” MAKING A MOVE As the business continued to expand, it began to outgrow its original facilities in Denton on Morse Street. Officials debated moving the company south toward the homes of top-level employees, but didn’t want to lose some of the nearly 400 local employees who commuted from northern Denton County, from places such as Pilot Point and Sanger, Winterhalter said. He’d been driving in from Highland Village and seeing the

southbound traffic on Interstate 35E, and Winterhalter said he knew a location farther south would discourage employees from staying with the company. “There were a lot of conversations and a lot of pressure from those who live south of the lake,” he said. “I lobbied very hard to keep the business in Denton, and that’s how we wound up buying the property from the hospital.” The company purchased a 23acre site from Denton Regional Medical Center at Brinker Road and Colorado Boulevard, and built the current headquarters there. As the company began planning for the new building in the early 2000s, the visions were even more grandiose than what Winterhalter had considered to be a structure as impressive as

the Taj Mahal. “When we started outgrowing it and talked about building another building, we would literally have to pinch each other and ask, ‘Can you believe this? This is crazy,’” he remembered. The company moved into the 200,000-square-foot building in December 2004. LOOKING AHEAD Since moving into the new building, the company has continued its upward growth trajectory, going public in November 2006 on the New York Stock Exchange. Denton Chamber of Commerce officials are glad the business stayed, chamber President Chuck Carpenter said. “I think they should be commended for the genuine interest in wanting to be a good neigh-

bor, and not just taking the profits and running,” Carpenter said. “They chose Denton, and we are proud they did.” As the company has grown, so has its scholarship funds for area colleges and donations to various community groups. This has also meant more local employees and more property taxes, which show an investment in the community, Carpenter said. “It’s important to have all sizes and shapes of businesses, but you need a nice substantial base of the ones that are employing the masses,” Carpenter said. “They are the model of what we like to see.” JENNA DUNCAN can be reached at 940-566-6889 and via Twitter at @JennaF Duncan.

Enterprising Voices

FITE | CONTINUED FROM PAGE 4

Eurozone crisis is simply paused rather than resolved, the high prices represented by these low yields may signal a peak in investor complacency. Risks abound! Shouldn’t you hold more cash to exploit opportunities in the next downturn? Perhaps, but the systemic risk represented by the falling dominos of failing banks seems to have been resolved. U.S. banks are more capitalized (less risky) than they have been in generations. Fiscal imbalances still exist, but major policy risks likely have subsided until after the 2016 election. Central bank mandarins seem hell-bent on smoothing any chop that may form in the water. The U.S. economy seems to be bouncing back strongly after the brutal winter. Housing, new home starts in particular, is an incredi-

bly important driver to the economy as a whole and is well below the long-term trend line. The shale oil and gas industry is creating millions of American jobs and removing our dependence on foreign oil. There is a lot going right in the world. So how should one invest in this oddly balanced market? Wisely. Chasing returns by being fully invested with lots of margin (borrowed money to juice returns) seems very dangerous. Hiding in a corner with your head in the sand while realworld inflation destroys the purchasing power of your cash seems silly. In our partnership, investing in deeply undervalued bargains, while maintaining a healthy level of cash to exploit future opportunities, seems just about right. Let’s close with some parting thoughts from Omaha.

While over 40 questions were asked during the six-hour Q&A session, two particular interactions caught our attention. When asked what Berkshire could do to further close the gap between the company’s share price and its intrinsic value, Buffett said he’s spent a lot of time in his letters trying to explain how he thinks about the two. He believes his disclosure on the topic exceeds most if not all other public companies, and with this disclosure, the market will converge the two measures over time. When asked how Berkshire has gained the trust of founders and owners who have sold their businesses to the massive holding company, Buffett simply replied: “We keep our promises.” On both accounts, we hope to do the same. Our portfolio score and holdings disclosure make it very clear to our partners how

we see opportunities in the market. Our pure pay-for-performance structure and value-based approach, unchanged even through the throes of the 2008 financial crisis and ensuing recession, hopefully illustrates our commitment to keeping our promises. Can every financial adviser say the same? We’re not sure. But these insights should help inform a reasoned opinion on how much cash is the right amount of cash to have invested today.

JONATHON FITE is a managing partner of KMF Investments, a Texas-based hedge fund, and an adjunct professor with the College of Business at the University of North Texas and the University of Arkansas. This column is provided for general interest only and should not be construed as a solicitation or personal investment advice. Comments may be sent to Jonathon.Fite@KMF Investments.com.

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Denton Business Chronicle

Jun. 2014

16 Business Mixers

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Jun. 2014

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18 Business Spotlight

Denton Business Chronicle

Jun. 2014

Landscaped sidewalks line the property at the Hidden Springs event center on Wildcat Road in Aubrey.

Wedding venue shoots for rustic elegance By Jenna Duncan | Photography by Al Key

It was just a few weeks before the big day, and Holly Hunnicutt and Jace Drew were about to see their wedding venue for the first time, even though they had booked it six months in advance. But it wasn’t completed, and the future Mrs. Drew was a little edgy. When they booked it, there was little more than a promise that a 10,000-square-foot facility would be ready on the 20acre site in Aubrey in time for their wedding May 3. “I was nervous,” she said. “But on the day of the wedding it was perfect.” The Drews were the first couple to get married at the new Hidden Springs event center in Aubrey, and now more than 80 couples have scheduled their weddings at the venue. The site is part of a growing business, The Springs Events, a collection of event venues in Texas and Oklahoma that are independ-

ently managed. Holly, a sixth-generation “Aubrian,” had been determined to get married at a church in Aubrey and have a reception close by. But when she and Jace got engaged in October 2012, there wasn’t a nearby venue to accommodate the 200 people she planned to have at their reception. After her aunt and uncle learned the venue was planned, and they attended a wedding at a different Springs venue, the couple decided it would be worth the wait to be the first wedding at Hidden Springs. “I loved the Western look of it, and it’s just so green and pretty,” Holly said. “You wouldn’t expect something like that to be in Aubrey, but it’s awesome. It’s going to bring so much to the community.” Hidden Springs has the same rustic ambience as the other 10 Springs properties, which are unified in the materials used for the main reception space and

the spacious properties. The facilities are all built by the same construction crews, who are employed full time with the company, said Kathy McNaughton, general manager of Hidden Springs. Before the construction can begin, though, the company looks for a country setting that is serene but near hotels and other accommodations, so Aubrey fit in the company vision, McNaughton said. The venue is also close enough to Dallas and Fort Worth that big-city brides can plan their weddings at Hidden Springs without being far from home. “You can’t get the rustic elegance down in Dallas, [so] we book a lot of Dallas brides,” McNaughton said. “They want this, and what I have found is Texans will drive.” She is still learning the area and the business since she came to Texas a year and a half ago from Seattle, where she worked

in medical sales. She and her husband, Matthew, now director of sales, were ready for career changes. Their nephew is the chief financial officer of the company, and after the couple invested and saw the growth, they decided to join in. “We just knew we were doing well with the investment, and when we came down we immediately went to a wedding,” she said. Seeing the venue and how happy the business made people, they knew they were ready to change careers. The business aspects are a bit unconventional, which is part of the appeal, McNaughton said. The prices to rent the space are printed on the promotional materials, ranging from $2,850 for a Monday through Thursday wedding, and up to $6,950 on Saturdays in March through June and September through October. The prices don’t change for holidays, and they include a 16-hour venue rental, tables and

chairs, all of the operational costs and taxes. “It’s like pre-qualifying for a home — you don’t want to come in and say, ‘This is way over my budget,’ or come in and be surprised,” McNaughton said. By having the venue from 8 a.m. to midnight, the renter can get ready and comfortable at the venue, and not worry about shuffling from a hair appointment to a nail appointment to the venue. By having things included and an on-site manager — normally McNaughton or assistant manager Nan Bullock — it takes a lot of the stress off of the big day, McNaughton said. “We tell the girls, ‘This is your home for the day,’” she said. “You are leasing the space, and they take care of it and treat it as their own. We want you to enjoy it and take ownership of it. The stress level for a wedding is nil. They aren’t pressured or hurried in or out. They get to totally enjoy it.”

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ALAGOOD | CONTINUED FROM PAGE 7

statements are correct and you have the ability to justify their accuracy. Indicate that you are not sure if that is the case. In real estate or stock transactions, false statements of fact can create liability even if you honestly believed them at the time. I Give the other party access to the same information you have utilized in forming your opinion or statement of fact. Give them the opportunity to review it for themselves. Do what you can to encourage them

to look into the subject for themselves. Finally, be careful whom you talk to and how you disseminate information. Know your intended audience, and realize that in today’s world everyone is listening. R. SCOTT ALAGOOD is board-certified in commercial and residential real estate law by the Texas Board of Specialization and can be reached at alagood@ dentonlaw.com or www. dentonlaw.com.

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Vital Statistics SALES TAX The following sales permits were issued by the State Comptroller’s Office for May. The list includes the owner, name of business and address within the area codes of 75034, 75065, 75068, 76201, 76205, 76207, 76208, 76209, 76210, 76226, 76227, 76234, 76249, 76258, 76259 and 76266. 75034 Legacy Plumbing Inc., Legacy Plumbing Inc., 15222 King Road, Suite 1002, Little Elm Radiant Roofing LLC, Radiant Roofing LLC, 15222 King Road, Suite 502, Little Elm Rashema L. Frazier, Value Customers Ideals Waste Management, 1660 Crown Point Drive, Little Elm Saint Sundy Inc., Midwest Time Control, 15222 King Road, Suite 603, Little Elm 75065 Museum Fabrication Group LLC, Museum Fabrication Group LLC, 104 Timber Lake Lane, Hickory Creek The Trailer Guy Corp, The Trailer Guy Corp, 401 Adolphus Ave., Lake Dallas 75068 Brian Keith Petty, I-K9 Consultants, 1908 Peppertree Drive, Little Elm Cornerstone Satellite LLC, Cornerstone Satellite, 1614 Myrtle Drive, Little Elm Dallas Technology Solutions LLC, Dallas Technology Solutions, 3036 Lakefield Drive, Little Elm Diane S. Hayward, First Mpressions, 2441 Greenbrook Drive, Little Elm Inkpress.Com LLC, Inkpress.Com LLC, 2817 Evening Mist Drive, Little Elm Leslie McCaslin, Artistic Occasions By Lm Designs, 2636 Costa Mesa Drive, Little Elm Rae A. Davenport-Johnson, A&C, 1800 Preston On The Lake Blvd., Little Elm Rangerette Booster Club, Rangerette Booster Club, 2313 Dawn Mist Drive, Little Elm Sacred Arrow LLC, Sacred Arrow LLC, 2705 White Pine Drive, Little Elm Starbucks Corporation (Starbucks Coffee Company), Starbucks Coffee No. 22479, 2170 FM423, Little Elm Starbucks Corporation (Starbucks Coffee Company), Starbucks Coffee No. 22479, 2170 FM423, Little Elm Troy Wesley Bratcher, Touch Tones, 1000 E. Eldorado Parkway, Suite 170, Little Elm True Believers Ink 2 Corporation, True Believers Ink 2 Corporation, 3001 Baybreeze Drive, Little Elm William Larry Payne, William Larry Payne, 1936 Michelle Creek Drive, Little Elm 76201 Ashleigh Baker, Salons By JC - The Color Bowl, 2640 W. University Drive, Suite 1266, Denton Bet The House Bbq Inc., Bet The House Bbq Inc., 508 S. Elm St., Suite 109, Denton

Bhetwal Corp., Zoom Zoom, 500 S. Locust St., Denton Captain Nemo's Denton LLC, Captain Nemo's Denton LC, 207 S. Bell Ave., Denton Cpap Done Right LLC, Cpap Done Right, 2317 W. University Drive, Suite 101B, Denton Denton Bolt Co. Inc., DBC Industrial Supply, 1103 Ave. C, Denton Denton Trophy House LLC, Denton Trophy House LLC, 201A S. Elm St., Denton Eric H. Gelegard, Realtime Audio, 2408 N. Elm St., Denton Juan Rolando Chavez, Streetart Signs, 901 Sunset St., Denton Kimberly Rainey Hall, Zach's Shaved Ice, 813 Eagle Drive, Denton Markmal Inc., Marky's Dry Cleaners, 507 W. University Drive, Denton Millinium Smoke Stax LLC, Denton Dollar Saver, 903 Sunset St., Denton Robert G. Dalrymple, Computer & Business Forms of NT, 1220 Broadway St., Denton Rockin' Belles LLC, Leopard Lilly, 809 N. Locust St., Denton Triniti LLC, Viet Bites, 21115 W. Hickory St., Suite 102, Denton William D. Jones, William D. Jones, 728 Hillcrest St., Denton 76205 Ekbal Waliani, Perfumes International, 2201 S. I-35E, Denton Lucas Loans LLC, All State Pawn, 1116 S. Woodrow Lane, Denton Mahmoud Sari Al-Smadi, Rugs & Rustic Warehouse, 1200 Fort Worth Drive, Denton Minifigs Bricks and More LLC, Minifigs Bricks and More LLC, 2215 S. Loop 288, Suite 408, Denton Richard D. Ewing, Ewing Customer Service, 700 Ticonderoga Drive, Denton Sang Hag Lee, La Belle, 2201 S. I-35E, Suite M7, Denton SB Maintenance LLC, Scott Brown Maintenance, 1400 Dallas Drive, Denton Skycell Wireless LLC, Skycell Wireless LLC, 1501 S. Loop 288, Suite 104-195, Denton Wendell G. Lillard, Wendell G. Lillard, 1108 Bishops Park St., Denton 76207 Ann M. Lee, Calligraphic Concepts, 2225 Westview Trail, Denton

Monthly News Recap

| CONTINUED FROM PAGE 9

5-29

UNT drew excess funds The University of North Texas improperly used $83.5 million in state funds for employee benefits and salaries, pushing its financial problems to more than $100 million, according to financial documents. UNT System Chancellor Lee Jackson said that the state and UNT officials have not yet determined how much the university might have to repay to the state and over what period of time. “I believe the state of Texas

will want to work out a settlement with the University of North Texas that doesn’t damage its educational mission and that is considered fair,” he said. UNT’s annual budget is about $520 million. University officials are recommending cuts of 2 percent in academics and 3 percent in administration costs to try to make up for the budget woes. UNT System officials released a copy of an investigation done with Deloitte & Touche, a consulting firm. The upshot: Between September 2003 and April 2014, UNT drew $83.5 | CONTINUED ON PAGE 22

Hospice Source LLC, Hospice Source LLC, 2321 N. Masch Branch Road, Denton Ricky Lynn and Olivia Lynn, N4adeal, 4221 Fiste, Denton Screamteam Firearm Solutions LLC, Screamteam Firearm Solutions, 2324 Crestmeadow St., Denton The Larson Group Inc., TLG Delivery Center, 1012 Masch Branch Road, Denton 76208 American Builders & Contractors Supply Co. Inc., ABC Supply Co. Inc., 1631 Cooper Creek Road, Denton BH Management Services LLC, Timber Links At Denton, 5201 Par Drive, Denton CLC Signs By Design LLC, CLC Signs By Design LLC, 4728 E. University Drive, Denton EJ's Lawn & Landscaping LLC, EJ's Lawn & Landscaping, 2708 Hartlee Court, Denton PC Depot Plus LLC, PC Depot Plus LLC, 2612 Lonesome Oak Drive, Corinth RCM Examinations LLC, RCM Examinations LLC, 3417 Evening Wind Road, Denton Van's Landscape Services LLC, Van's Landscape Services LLC, 108 Mustang Trail, Shady Shores 76209 Jay Epp, Insideout Personal Enrichment, 715 Schmitz Ave., Denton Shadan K. Price, Leila's, 2812 Anysa Lane, Denton Stephanie J. Behunin, Signing With Stephanie, 1624 Oak Tree Drive, Denton Todd Johnson, Perfect Light Window Décor, 2212 Picadilly Lane, Denton Willie V. Gunter, Prime Cut Lawn, 1702 Mockingbird Lane, Denton 76210 Cagle Vapor-Ettes LLC, Cagle Vapor-Ettes, 4451 FM2181, Suite 128, Corinth Christopher W. Kidenda, CBJ Commodities, 6604 Longleaf Lane, Denton Jason Lee Mcgowan, Mcgowan and Sons Guitars, 3314 Brampton Drive, Corinth North Texas Practical LLC, North Texas Practical, 2303 Regina Drive, Corinth

NPC AR's LLC, NPC AR's LLC, 2308 Regina Drive, Corinth Olivia McClean and Hallie Springer, Olivia McClean and Hallie Springer, 6221 St. James Place, Denton Rachelle Elaine Marcello, Rachelle Marcello, 1608 Buena Vista Drive, Denton Red Lobster Hospitality LLC, Red Lobster, 2801 S. I35E, Denton S2 Medco LLC, S2 Medco, 6724 Hayling Way, Denton Switchback Outdoor Gear LLC, Switchback Outdoor Gear LLC, 1608 Fairway Drive, Corinth Taryn Owen Creative LLC, Taryn Owen Creative LLC, 3102 Palos Verdes Drive, Corinth 76226 Backwoods Texas LLC, Texas Designer Palms, 2650 FM407E, Suite 145-106, Bartonville Jacqueline Atkins, Classy Creations By Jackie, 204 Country Lakes Drive, Argyle Judith A. Meyners, Hidden Valley Milk Soaps, 402 Old Justin Road, Argyle Kari A. Miller, C & C Designs, 321 Clear Cove, Argyle Sar Shalom Messianic Synagogue Inc., The Fig Tree, 1820 E. Hickory Hill Road, Argyle Vizion Partners LP., Echo Sense Network Glasses, 2650 FM407E, Suite 255, Bartonville 76227 Ahmad A'wad Al-Ghazawi, Roma Pizza, 928 S. Highway 377, Suite 110, Aubrey Claudia Ann Martelli, Shady Creek Campground, 1893 FM1385, Aubrey JT Bruns and Crow LLC, Smokin Crow, 10000 US Highway 380, Unit 100, Cross Roads JT Bruns and Crow LLC, Vapor USA Wholesale, 10000 US Highway 380, Unit 100, Cross Roads Kahana & Company Designs LLC, Kahana & Company Designs LLC, 103 Las Colinas Trail, Cross Roads Marisa Swarbrick, Casey And Co. Boutique, 202 S. Main St., Aubrey Morgan Garrison and Samuel Bigley, Proximity Security, 1215 Mockingbird Drive, Aubrey Quality Buildings Inc., Lone Star Storage, 4770 US Highway 377S, Aubrey Robarosa Corporation, Robarosa Corporation, 4381 S. Highway 377, Aubrey

Stephanie Marie Begg, Beggin For Cake, 1617 Canvasback, Aubrey 76234 Abel S. Natividad, Mel's Tire Service, 601 N. Highway 287, Decatur Charles Lee Ross, Blessings By Anita, 503 Valleyridge Court, Decatur Datos-In-Harmony LLC, Datos-In-Harmony LLC, 14405 W. FM455, Decatur Frisco Coit LP., Frisco Coit LP., 601 W. Main St., Decatur Ideal Flooring and Design LLC, Ideal Flooring and Design LLC, 507 W. Walnut St., Decatur Isa I Qatato, Oliver Creek Store, 4880 FM2264, Decatur Jump Party Texas LLC, Jump Party Texas LLC, 1000 N. Trinity St., Decatur Kathy Lynn Perkins, Kathy Lynn Perkins, 602 Valleyridge Court, Decatur Kernek Enterprises Inc., Mattress Smart, 1208 S. FM51, Suite H, Decatur Kernek Enterprises Inc., Rockin Rustic, 1402 N. Highway 287, Decatur Recreation Vehicle Industry Association Inc., Rvia (Employee's Home), 128 Vista Drive, Decatur 76249 Dorman H. Stowers, Dorman Lawn Repair, 6723 Spring Branch Drive, Krum 76258 David Leslie Wiggin Jr., 2D Auctioneering, 20200 Willow Glade Circle, Pilot Point R & R Networks Inc., Junk King of North Texas, 200 Eddleman St., Pilot Point 76259 Nancy Louise Grantham, Steel Stories Metal Memories, 5534 Amber Road, Ponder 76266 6s Ranch LLC, 6s Liquor, 551 N. Stemmons St., Sanger Hail Storm Relief LLC, Hail Storm Relief LLC, 806 Utility Road, Unit A, Sanger Linda M. Mcgehee, Linda's Country Crafts, 3926 FM455W, Sanger

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

STATE TAX LIENS NAME/ADDRESS 9C Transport LLC, 1204 W. University Drive, Suite 202, Denton Custer Entertainment Group LLC, 109 S. Woodrow Lane, Suite 700, Denton Joseph W. Prevratil, 700 E. Sherman Drive, Denton

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

AMOUNT $5,714.34 $13,754.67 $1,224.70

REC. DATE 05/09/2014 05/09/2014 05/09/2014

TYPE Limited sales excise and use tax

AMOUNT $1,845.81

REC. DATE 05/15/2014

TYPE 941 941 1040 1040 1040 941 1040 941

AMOUNT $3,116.66 $14,642.55 $33,461.82 $16,338.74 $1,991.71 $14,715.71 $74,792.46 $14,495.96

REC. DATE 05/29/2014 05/29/2014 05/07/2014 05/13/2014 05/29/2014 05/29/2014 05/13/2014 05/07/2014

TYPE 1040 1040 940 1040 1040 1040

AMOUNT $5,219.27 $6,594.22 $8,057.90 $7,102.40 $6,075.02 $14,463.63

REC. DATE 05/13/2014 05/28/2014 05/28/2014 05/29/2014 05/07/2014 05/28/2014

CONTRACTOR Alberto Castilleja Sr. Bobby and Sissy Morris' Gunite Pools Richard E. Cooper

AMOUNT $170,000.00 $95,600.00 $152,000.00

REC. DATE 05/14/2014 05/21/2014 05/13/2014

RELEASE OF STATE TAX LIENS NAME/ADDRESS This Timez A Charm LLC, 611 Sunset St., Denton

FEDERAL TAX LIENS NAME/ADDRESS Curtis Clinesmith, 2220 San Jacinto, Suite 305, Denton Dominion Word Ministries, 1811 Shady Oaks Drive, Suite 190, Denton Juan F. Alvarez, 8508 Mild Creek Lane, Denton Laurencio Soto, 1009 Sierra Drive, Denton Nathan Rappaport, 2800 Fort Worth Drive, Trailer 7, Denton Ramon A. Cruz M.D. P. A., 624 W. University Drive, No. 397, Denton Ronald Brown, 416 S. Carroll Blvd., Apt. 20, Denton Shawn Cagle, 1602 E. McKinney St., Denton

RELEASE OF FEDERAL TAX LIENS NAME/ADDRESS Adolfo and Christina L. Hernandez, 3317 Bent Creek Drive, Denton Alfred A. George, 2550 Stockbridge Road, Apt. 17106, Denton Drayovitch PC, 620 W. Hickory St., Denton Lovie J. Allen, 3312 Bob-O-Link Lane, Denton Marianne E. Montoya, 2526 Browntrail Court, Unit A, Denton Stephen P. and Kathleen M. Murray, 900 Westway St., Denton

MECHANICS LIENS NAME/ADDRESS Jesus G. Castilleja and Veronica Lira, 2010 S. Corinth St., Apt. 6221, Corinth Richard and Relinda Pruett, 4208 Carlisle Court, Denton Richard E. and Betty Cooper, 520 Amarillo St., Denton

Denton Business Chronicle

Jun. 2014

22 Monthly News Recap

Denton Business Chronicle

Jun. 2014

| CONTINUED FROM PAGE 21

million in state benefits and salaries it wasn’t entitled to. Jackson said that UNT will work out repayment details with state officials. He said further investigation will attempt to explain just how the problem occurred, and who was responsible. “Evidence does not yet reveal any inappropriate financial gain,” Jackson said. In April, an investigation found that UNT had overstated its revenues by $23 million since 2012. The university is still looking for any other misreporting that could add to the total. 6-2

New apartments coming to Aubrey A new apartment complex is set to open in Aubrey next year, bringing 150 units and amenities unlike current options in the city limits.

Palladium USA is behind the $19 million project, called Kiron at Aubrey, that will feature amenities including exercise facilities, a dog park and a children’s play area, said Tom Huth, president and CEO of Palladium USA. Currently, there are only a handful of apartment complexes in Aubrey. The new project will help the city attract different age groups to live in the area, said Ron Whitehead, the interim city administrator. The complex will be on 8 acres east of U.S. Highway 377 on Highmeadow Drive, near Family Dollar and the Diamond grocery store. The company was interested in Aubrey and monitored traffic along the U.S. Highway 380 Corridor and traffic on U.S. Highway 377 for a few years before deciding on a spot, Huth said. The company hopes to have the leasing center open at the apartments in 10 to 11 months,

shortly before the first apartments are available, and rent will be determined about three months before opening. The average apartment in the complex will be 950 square feet. Additional amenities include covered gazebos, an outdoor kitchen and a high-tech computer lab to help set the complex apart, Huth said.

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Vital Statistics MIXED BEVERAGE TAX The following mixed beverage tax information was issued by the State Comptroller’s office for May. The list includes the name of the business, address, and reported tax. 119 Loophole Private Club, 119 W. Hickory St., Denton, $3,639.30 American Legion Post No. 550, 905 N. Foundation, Pilot Point, $1,004.12 Andy's Private Club, 122 N. Locust St., Suite B, Denton, $5,619.29 Angelina's Mexican Restaurant, 1400 N. Corinth St., Suite 111, Corinth, $917.36 Applebee's Neighborhood Grill, 707 S. I-35E, Denton, $3,657.99 Applebee's Neighborhood Grill, 2672 FM423, Little Elm, $2,432.36 Aramark Educational Services, 303 Administration St., Hubbard, Denton, $433.89 Ashton Gardens, 2001 Ashton Gardens Lane, Corinth, $2,499.23 Best Western Area Crown Chase, 2450 Brinker Road, Denton, $356.57 Black-Eyed Pea, 2420 S. I-35E, Denton, $128.64 Bono's Chop House & Saloon, 2025 N. Highway 287, Decatur, $1,572.02 Boomerjack Wings No. 8, 407 W. University Drive, Denton, $947.11 Bosses Pizza & Sandwiches, 420 E. McKinney St., Suite 100, Denton, $124.68 Brunswick Zone Denton, 2200 San Jacinto Blvd., Denton, $1,172.70 Buffalo Wild Wings Grill & Bar, 1400 S. Loop 288, Suite 110, Denton, $0 Buffalo Wild Wings Grill & Bar, 1400 S. Loop 288, Suite 110, Denton, $3,397.50 Cabana Beverages, 1300 N. I-35E, Denton, $174.80 Casa Torres Mexican Restaurant, 2708 FM51, Decatur, $1,194.40 Chili's Grill & Bar, 600 S. Highway 287, Decatur, $3,277.30 Chili's Grill & Bar No. 759, 8394 S. Stemmons Freeway, Hickory Creek, $2,340.17 Chili's Grill& Bar, 2406 N. I-35, Denton, $2,693.26 Chilitos Private Club Inc., 619-623 S. Denton Drive, Lake Dallas, $321.06 Chipotle Mexican Grill, 1224 W. Hickory St., Denton, $79.06

Chuy's Denton, 3300 Wind River Lane, Denton, $5,608.70 Cool Beans, 1210 W. Hickory St., Denton, $4,154.53 Courtyard By Marriott, 2800 Colorado Blvd., Denton, $457.07 Crossroads Bar, 1803 N. Elm St., Denton, $790.53 Dan's Silverleaf, 103 Industrial St., Denton, $2,612.73 Denton Country Club, 1213 Country Club Road, Argyle, $1,755.73 Denton Country Club, 1213 Country Club Road, Argyle, $1,811.54 Denton Side Bar, 109 Ave. A, Denton, $1,836.33 Denton Side Bar, 109 Ave. A, Denton, $1,663.34 East Side Social Club, 117 E. Oak St., Denton, $9,811.14 El Fenix-Denton, 2229 S. I-35E, Denton, $675.15 El Guapo's, 419 S. Elm St., Denton, $1,094.57 Ernesto's Mexican Restaurant, 10279 FM455E, Suite 1, Pilot Point, $1,711.04 Frilly's, 1803 S. Highway 287, Decatur, $1,805.65 Fry Street Public House, 125 Ave. A, Denton, $4,082.44 Fry Street Tavern Club, 121 Ave. A, Denton, $4,480.29 Fuzzy's Taco Shop, 109 N. State St., Decatur, $1,015.78 Fuzzy's Taco Shop, 2412 S. I-35E, Denton, $1,112.46 Fuzzy's Taco Shop, 1044 Maple St., Suite 101, Sanger, $288.56 Fuzzys Taco Shop, 421 Highway 377S, Argyle, $738.00 Genghis Grill The Mongolian, 2416 Lillian Miller Parkway, Denton, $211.31 Hannahs, 111 W. Mulberry St., Denton, $4,292.35 Herrera's Tex-Mex Restaurant, 100 W. Oak St., Suite 160, Denton, $0 Hickory Street Lounge, 212 E. Hickory St., Denton, $2,121.89 Hilton Garden Inn Denton, 3110 Colorado Blvd., Denton, $495.46 HNC Lions Den Private Club Inc., 2700 E. Eldorado Parkway, Suite 250, Little Elm, $242.27 Holiday Inn Denton, 1434 Centre Place Drive, Denton, $457.67 Hooligans Private Club, 104 N. Locust St., Denton, $4,656.50 Hooters of Denton, 985 S. I-35E, Denton, $3,724.93 Horny Toad Cafe & Bar, 5812 N. I-35, Denton, $913.41

BUILDING PERMITS The following building permits were issued by the Denton Planning and Development department in May. Commercial alterations and commercial permits reflect the owner or tenant and the address of the business. Residential permits include the address and the total valuation of the home. CERTIFICATES OF OCCUPATION CCI Investments, 520 Fort Worth Drive Donald Davis, 700 W Hickory St. Edwin L. Owens, 1212 Fort Worth Drive Eri-Elk Springs Ranch, 3801 N. I-35, No. 214 and 218 GTriangle Operating LLC 3921 E. McKinney St., No. 7 3919 E. McKinney St., No. 2 Ratana and Sirijiraptana, 1116 Fort Worth Drive, No. 100 Riley Hicks Holdings LLC, 124 W. Oak St. Scott Brown Commercial, 717 S. I-35E, No. 100 TEO Systems 2201 Stella St. 2209 Stella St. Texand Corporation, 220 W. Parkway St., No. 100 Westdale Carriage, 1005 S. Ave. C, No. 1005 COMMERCIAL ALTERATION 1st State Bank, 2430 W. University Drive Al’s Furniture, 1131 E. McKinney St.

AT&T, 500 Thomas St. Atmos Pipeline Texas, 5642 E. McKinney St. Crosby Roofing, 2321 E. Sherman Drive Denton Aquatic Center, 2400 Long Road Denton North Branch, 3020 N. Locust St. EZ Check, 701 Londonderry Lane Garden of Denton, 400 Ame Drive, Denton HRA University Courtyard, 200 S. Bonnie Brae St. I Heart Care Denton, 3304 Colorado Blvd., No. 102 Inwood National Bank, 2220 San Jacinto Blvd. James Wood Autopark, 3906 I-35S Main City Hall, 215 E. McKinney St. Metro Roofing, 4201 N. I-35 Mr. Chung, 1607 E. McKinney St. NCR Plumbing and Mechanical, 1825 W. University Drive NMV Prop. Ltd., 115 S. Elm St. North Texas Hand Center, 3201 Colorado Blvd., No. 103 Ram Jack/RJT Commercial, 4210 Mesa Drive

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

NAME — DBA/ADDRESS

Casey Hester, Boat Life Marine Service, 2100 Spencer Road, No. 5110, Denton Eric Nichelson, DTX Stars Baseball, 211 Hann St., Denton Freedie Carlos Avelino, Safe Transport, 2212 Fort Worth Drive, No. 146, Denton

Gabrielle Hernandez, Kai precise Cleaning, 521 E. Windsor Drive, No. 76, Denton Janet W. Fondon, Monarch Insurance Agency, 1710 Westminster St., Suite C, Denton Jihee Kim, CJ Beauty, 2317 W. University Drive, Suite 155, Denton

Horny Toad Cafe & Bar, 5812 N. I-35, Denton, $777.46 II Charlies Private Club, 809 Sunset St., Denton, $4,318.41 J.R. Pockets Club, 1127 Fort Worth Drive, Denton, $2,915.97 J.R. Pockets Club, 1127 Fort Worth Drive, Denton, $2,846.42 Jackie's, 201 Main St., Lake Dallas, $2,009.53 Jag Private Club Inc., 119 S. Elm St., Denton, $4,432.98 Joey's Ristorante Italiano, 26735 US Highway 380E, Little Elm, $661.02 Johnny Carino's Italian, 1516 Centre Place Drive, Denton, $987.78 Keiichi, 500 N. Elm St., Denton, $381.56 Kobe Sushi & Steak LLC, 2832 E. Eldorado Parkway, Suite 208, Little Elm, $194.03 La Casa Velez, 2831 W. Eldorado Parkway, Suite 112, Little Elm, $1,014.38 La Casa Velez, 2831 W. Eldorado Parkway, Suite 112, Little Elm, $662.22 La Milpa Mexican Restaurant, I820 S. I-35E, Unit 1, Denton, $1,264.62 Lake Cities Post No. 88 America, 105 Gotcher Ave., Lake Dallas, $1,724.44 Lake Dallas Point Restaurant, 303 Swisher Road, No. 100, Lake Dallas, $2,043.90 Lake Ray Roberts Area Elks Lodge, 1601 Marina Circle, Sanger, $473.02 Lantana Golf Club, 800 Golf Club Drive, Argyle, $1,982.53 Last Drop Taverns, 508 S. Elm St., Suite 101, Denton, $1,311.72 Lone Star Attitude Burger Co., 113 W. Hickory St., Denton, $5,769.77 Los Charros, 2763 E. Eldorado Parkway, Suite 105, Little Elm, $538.34 Los Jalapenos Restaurant, 420 E. Eldorado Parkway, Little Elm, $192.49 Los Toreros Restaurant, 2900 Wind River Lane, Suite 134, Denton, $710.60 Los Toreros Restaurant, 2900 Wind River Lane, Suite 134, Denton, $798.10 Lowbrows Beer and Wine Garden, 200 W. Washington St., Pilot Point, $314.36 Lucky Lous, 1207 W. Hickory St., Denton, $10,189.76 Mable Peabody's Beauty Parlor, 1125 E. University Drive, Suite 107, Denton, $1,581.87 Mellow Mushroom, 217 E. Hickory St., Denton, $1,985.27

Meritt Ranch Beverages Limited, 2946 Ganzar Road W., Denton, $271.55 Meritt Ranch Beverages Limited, 2946 Ganzar Road W., Denton, $108.54 Metzlers Food and Beverage Inc., 1251 S. Bonnie Brae St., Denton, $197.31 Mi Taza Latin Tex-Mex Café, 5017 Teasley Lane, Suite 101, Denton, $510.87 Miguelito's, 1521 E. McCart St., Krum, $760.31 Miguelitos, 1412 N. Stemmons St., No. 178, Sanger, $977.86 Mulberry Street Cantina Club, 110 W. Mulberry St., Denton, $2,919.65 Norman Heitz Memorial Post 104, 501 Thompson, Lake Dallas, $552.75 Oak Street Drafthouse Club, 308 E. Oak St., Denton, $7,137.57 Oakmont Country Club, 1200 Clubhouse Drive, Corinth, $2,438.13 Ollimac Company, 1400 Corinth Bend, Suite 103, Corinth, $577.27 On The Border, 2829 S. I-35E, Denton, $2,833.63 Outback Steakhouse, 300 S. I-35E, Denton, $2,027.82 Pedro's Tex Mex & Grill, 209 S. Washington St., Pilot Point, $650.57 Pei Wei Asian Diner, 1931 S. Loop 288, Suite 130, Denton, $74.30 Phil Miller Post No. 2205 VFW, 909 Sunset St., Denton, $997.63 Pilot Point Columbus Club, 221 N. Prairie St., Pilot Point, $9.24 Pilot Point Columbus Club, 221 N. Prairie St., Pilot Point, $22.71 Pizza Hut, 730 S. Highway 377S, Pilot Point, $26.39 Pourhouse Sports Grill, 3350 Unicorn Lake Blvd., Denton, $2,351.03 Prairie House Restaurant, 10001 Highway 380, Cross Roads, $1,227.64 Queenie's Steakhouse, 113 E. Hickory St., Denton, $1,293.83 Red Lobster No. 6349, 2801 S. I-35E, Denton, $1,379.59 Ringers, 807 Eagle Drive, Denton, $867.71 Riprock's, 1211 W. Hickory St., Denton, $5,662.37 Rockin' Rodeo, 1009 Ave. C, Denton, $4,133.76 Rocky's Sports Bar, 2000 W. University Drive, Denton, $2,317.73 Rooster's Roadhouse, 113 Industrial St., Denton, $2,800.80 Rooster's Roadhouse Decatur, 106 N. Trinity St., Decatur, $1,548.23

Rosa's Cafe & Tortilla Factory, 1275 S. Loop 288, Denton, $180.29 RT's Social Club Inc., 1100 Dallas Drive, Suite 124, Denton, $8,042.74 Rubber Gloves, 409 E. Sycamore St., Denton, $904.90 Ruby-Jeans Social Club Inc., 309 N. FM156, Ponder, $470.40 Rusty Taco Denton, 210 E. Hickory St., Denton, $684.94 Savory Private Club, 2650 FM407E, Suite 165, Bartonville, $893.91 Scooters Tavern, 6481 FM455W, Sanger, $0 Sushi Café, 1401 W. Oak St., Denton, $88.44 Sweetie Pie's Ribeyes, 201 W. Main St., Decatur, $368.63 Texas Land & Cattle Steak House, 8398 S. Stemmons Freeway Hickory Creek, $903.56 Texas Roadhouse, 2817 S. I-35E, Denton, $3,075.23 The Abbey Inn Restaurant & Pub, 101 W. Hickory St., Denton, $3,384.03 The Aztec Club, 720 W. University Drive, Denton, $1,340.13 The Bears Den, 11670 Massey Road, Pilot Point, $216.74 The Garage, 113 Ave. A, Denton, $3,399.17 The Green House, 600 N. Locust St., Denton, $2,293.47 The Irish Boozer, 508 S. Elm St., Suite 105, Denton, $1,374.90 The Labb Club, 218 W. Oak St., Denton, $2,886.62 The Olive Garden Italian Restaurant, 2809 S. I-35E, Denton, $1,475.47 Three Fins Seafood Grill, 2303 S. I-35E, Denton, $1,233.00 Tower Tap House, 290 E. Eldorado Parkway, Little Elm, $0 University Lanes, 1212 E. University Drive, Denton, $852.91 Varsity Roadhouse, 26781 US Highway 380E, Little Elm, $964.73 Verona Pizza Italian Restaurant, 201 Loop 81/287N, Decatur, $21.97 Villa Grande Mexican Restaurant, 12000 US Highway 380, Suite 100, Cross Roads, $1,727.52 Villa Grande Mexican Restaurant, 2530 W. University Drive, Suite 114, Denton, $1,602.17 Vitty's Club Inc., 1776 Teasley Lane, Suite 102, Denton, $1,953.31 Wild Horse Grill, 9400 Ed Robson Circle, Denton, $2,024.67 Wild Horse Grill, 9400 Ed Robson Circle, Denton, $2,137.97 Wing Town, 4271 FM2181, No. C316, Corinth, $0

Sami Fera 2409 Charlotte 2411 Charlotte St. 2413 Charlotte St. Sprint PCS, 3562 Teasley Lane Target Corporation, 1801 S. Loop 288 Texand Corp., 1701 N. Elm St. The Metro, 627 Bernard St. Time To Play, 300 N. Elm St., No. 110 Titan Contracting LLC, 4309 Mesa Drive T-Mobile, 839 S. Mayhill Road USA Shade and Fabric, 2408 Prescott Downs Drive Yolanda Calderon, 2900 Wind River Lane, No. 132 Zach’s Shaved Ice, 813 W. Eagle/801 Bernard Drive

BJH Johnson Properties 905 Barbara St.

Mike Sandlin Homes LTD. 5616 Balmorhea Drive

DR Horton 3413 Tamarack Lane 3417 Tamarack Lane 4724 Tamarack Lane

Robson Denton Dev. LP. 9700 Orangewood Trail 9209 Compton St. 8808 Crestview Drive 10101 Sandhurst Drive 10001 Sandhurst Drive

COMMERCIAL Carton Service Corporation, 1320 S. Loop 288 Huffman Builders of Denton, 3301 Unicorn Lake Blvd. RESIDENTIAL Araf Inc. 3604 Tuscan Hills Circle Beezer Homes 3405 Knoll Pines Road 3313 Knoll Pines Road 3204 Knoll Pines Road 3400 Knoll Pines Road 7337 Desert Willow Drive

DR Horton Texas LTD. 2916 Frontier Drive First Texas Homes 4105 Autumn Path Road History Maker Homes 3608 Camino Real Trail 3504 Oceanview Drive 2200 Windsor Farms Drive 2308 Bray Village Drive 2317 Bray Village Drive Innovation Builders 5900 Eagle Mountain Drive 92019 Athens Drive 213 Thistle Ridge Key Custom Homes 3512 Falcon Court

Robson Ranch (GC) 10117 Cypress St. 9717 Rivercrest Drive 9701 Orangewood Trail 9900 Lindenwood Trail 11909 Boulder Drive 9621 Lindenwood Trail Shepherd Place Homes 308 Springtree St. TLS Homes Inc. 5713 Balmorhea Drive Wyndham Custom Homes 3617 Fallmeadow St. 3717 Fallmeadow St.

NAME — DBA/ADDRESS

John W. Fondon Jr., Fondon Insurance Agency, 1710 Westminster St., Suite B, Denton Keith and Sierra Antigiovanni, Covered Wagon Almonds, Golden Triangle Mall, 2001 I-35E, Denton Ken Scribner, Family Insurance Agency, 1707 N. Elm St., Denton Logan Coley Broker, Hot Mess Studio By Logan, 2640 W. University Drive, Suite 1266, Denton Michael Vasquez, Sweet Dreams Rehearsals, 527 N. Elm St., Denton

NLC TX Inc., Northwest Lineman Training Center, 5110 Dakota Lane, Denton Nortex Motorsports Inc., BMW Motorcycles of Denton, 521 Acme St., Denton Priscilla C. Dunbar, Half Price Transmissions, 3912 Fawn Drive, Denton Ryan Hall, Woody's Rampage, 1517 Angelina Bend Drive, Denton Ryan Saldivar, 24 Karat, 1818 Greenwood, Denton Ryan Wade White, Measured By Character, 2613 Picadilly Lane, Denton

Tamy and Lanita Morris, Roofing Resources, 3112 Widgeon Lane, Denton Todd Johnson, Perfect Light Window Décor, 2212 Picadilly Lane, Denton Todd Madison, Texas Water Compan, 3321 Hartlee Field Road, Denton Will Gunter, Prime Cut Lawn, 1702 Mockingbird Lane, Denton William Hartley, Save The Queen, 1209 Bryan Mawr Place, Denton

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Jun. 2014

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