September Denton Business Chronicle 2012 by Denton Media Company

2 Denton Business Chronicle

Sep. 12

Career Advancements Ricky Grunden, president and CEO of Grunden Financial Advisory Inc., was awarded the Dallas/Fort Worth 2012 Regional Five Star Wealth Manager award. Grunden Five Star Professional, a firm that provides localized and independent research on the performance of service professionals, partnered with Texas Monthly Dallas-Fort Worth region to find wealth managers who satisfy certain criteria to get the award. Fewer than 4 percent of the wealth managers in the Dallas-Fort Worth area were selected, according to a press release. The Five Star Award is presented to service professionals, such as wealth managers and real estate agents, in more than 45 markets in the U.S. and Canada, according to its website. Grunden was to be featured in the 2012 special section of the August edition of Texas Monthly. Grunden Financial Advisory, an investment and wealth management firm, is located at 2516 Lillian Miller Parkway, Suite 110. I Craig Jones, owner of Groggy Dog Sportswear, a Denton screen-printing and embroidery business, opened a second location in Lewisville on Aug. 1.

Groggy Dog, founded in 2000, first had a storefront off Loop 288, then moved to 615 Dallas Drive eight years ago. Jones The Lewisville location is at 1079 W. Round Grove Road, Suite 500, and will have two employees, Jones said. I Auctioneer Mike Jones of Dallas was inducted into the National Auctioneers Association Hall of Fame on July 19 during its national conference in Spokane, Wash. Jones Jones is the first and only member of the 63year-old professional organization to attain the “Triple Crown” title. He is the 1998 International Auctioneer Champion, served as the National Auctioneers Association president from 2004-05 and is now a 2012 Hall of Fame inductee, a news release said. Jones is an alumni of the University of North Texas, where he attended in the late 1970s. Ever since, he has returned to the UNT College of Business to share tips on how to build a national business from the ground up.

In a news release, Jones said he has conducted many auctions in Denton over the years. His career highlights include serving as auctioneer when the Dentonarea Arts Guild facility opened and working with Al Hirt, an iconic trumpet player, during the Spring Fling at the North Texas Fairgrounds in 1983. Jones and his wife, Lori, operate the Texas Auction Academy — an auctioneer training school that has trained more than 2,000 auctioneers since 1992. I First State Bank announced Cross Roads resident Philip Strange was named senior vice president of mortgage lending in July. Strange is leading First State Bank’s Strange new mortgage division located at the downtown Denton branch, 400 W. Oak St. The new division offers mortgage loan services to Denton, Cooke and surrounding counties and will assist customers at any of the nine First State Bank locations, according to a news release. Strange, a former certified public accountant, has 16 years of mortgage industry experience, according to a release. Prior to joining First State Bank’s mortgage division, he was president of GSB Mortgage Inc., according

to his LinkedIn profile. Chartered in 1905, First State Bank is the oldest state bank in Texas and has $630 million in assets. I Aubrey resident Laura Smith was named assistant shopper marketing manager for Plano-based Rug Doctor Inc., an international manufacturer of steamcleaning carpet Smith machines and other related products. Smith manages retail accounts, as well as cooperative advertising funds for large and national retailers, according to a news release. Smith has more than 20 years of experience working in the customer-packaged goods and beverage industry. She worked for the Dr Pepper Snapple Group for almost six years as customer service manager in developing national product launches, creating internal publications to educate senior management and developing marketing and research strategy for fact brand distribution. Rug Doctor Inc. was originally established in Fresno, Calif., in 1972. The company relocated its corporate offices to Plano in 1998. I Cindy Thompson has joined

the Golden Triangle Mall staff as marketing director. Thompson will be responsible for creating and executing the mall’s marketing, public relations and advertising and Thompson social media programs, according to a news release. Thompson has 30 years of experience in marketing. Prior to joining the mall, Thompson handled business development and short-term leasing for Galleria Dallas for three years, according to her LinkedIn profile. She also served as marketing manager for The Parks at Arlington Mall. Her additional mall marketing experience includes work with North Hills Mall in North Richland Hills, Festival Marketplace Mall in Arlington and Gainesville Factory Shops in Gainesville. Thompson began her marketing career in 1976 with Chicagobased Homart Development Co. before handling marketing for San Francisco’s Pier 39 shopping and entertainment district. Thompson received a bachelor’s degree in journalism with a public relations sequence from the University of Texas at Austin. She also has her certified marketing director designation from the International Council of Shopping Centers.

for the third consecutive year Corinth will have a surplus, giving officials’ confidence they’ll be able to build a balanced budget and continue to pay the city’s debt without raising the tax rate. Two Lake Cities communities saw slight increases and two others saw slight decreases in their taxable values after the certified tax rolls were released last month. According to officials, values were close to what was expected.

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university’s tuition revenue, and the need to identify further reductions for the upcoming legislative appropriation request, according to the letter.

Monthly News Recap 7-31

AG’s office rules for DCTA notices The Texas Attorney General’s Office has ruled that posted notices of Denton County Transportation Authority committee meetings have been sufficient to comply with the state’s open meetings laws. The ruling came in July, a month earlier than expected. In a Feb. 27 letter to the

attorney general, Rep. Burt Solomons, R-Carrollton, requested the extra scrutiny of agenda postings for Denton County Transportation Authority committee meetings. State law allows only certain elected and appointed officials to ask for such opinions. I

Corinth tax rolls continue growth Certified tax rolls show that

UNT starts hiring freeze The University of North Texas is implementing a hiring freeze because of a tough fiscal situation and uncertain budgets, President V. Lane Rawlins wrote in a letter to faculty and staff in July. UNT is citing three reasons for the freeze, which include a decline in enrollment, waivers and exemptions that lower the

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Company breaks ground on new plant Peerless Manufacturing Co. broke ground on a more than

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Contents |

September 2012

Calendar of Events Altrusa International Inc. of Denton meets for its monthly dinner and program at Vigne Wine Shop & Deli, 222 W. Hickory St. Cost is $10 per person. Call 940-387-5031 for reservations or visit www.altrusadenton.org. Tuesday, Sept. 25, 6:30 p.m.

American Association of University Women, Denton Branch meets at Texas Woman’s University Student Union, Room 113. Call 940-898-3797. Visit www.aaw denton.org or e-mail scompton aauw@gmail.com. Wednesday, Oct. 3, 6 p.m.

Association of Business Contingency Planners, North Texas Chapter has its monthly luncheon at University of North Texas, Denton. Cost is $35 per person. For time and location, visit http://northtx.acp-international. com/index.php/events. Tuesday, Oct. 2

Index September 2012 | Vol. 8, No. 7 Publisher: Bill Patterson The contents of this free publication are copyrighted by Denton Publishing Company, 2008, a subsidiary of A.H. Belo Corp. (www.ahbelo.com, NYSE symbol: AHC), with all rights reserved. Reproduction or use, without permission, of editorial or graphic content in any manner is prohibited. Denton Business Chronicle is published monthly by Denton Publishing Company, 314 E. Hickory St., Denton, TX 76201. E-mail: drc@dentonrc.com

On the cover: The new Target distribution center located off Airport Road.

Aubrey 380 Area Chamber of Commerce meets at the Prairie House Restaurant at 10001 E. Highway 380 in Cross Roads. Cost is $12 per person, reservations required. Call 940-3659781 or e-mail chamber@ aubreycoc.org. Wednesday, Oct. 17, 11:30 a.m.

Denton Black Chamber of Commerce meets at the Denton Housing Authority, 1225 Wilson St.

Thursday, Oct. 11, 7 p.m.

Hickory Creek Planning and Zoning Commission meets at Hickory Creek Town Hall, 1075 Ronald Reagan Ave. Wednesday, Oct. 3, 7 p.m.

Home Builders Association of Greater Dallas, Greater Denton Division has its monthly meeting and luncheon at Abuelos, 2520 S. Stemmons Freeway in Lewisville. Cost is $15 for associates and builders with reservations and $18 for walk-ins. Call 214-615-5012 or visit http://www.dallasbuilders. com/event/denton-county-division-6/ Tuesday, Sept. 25, 11:30 a.m.

Pilot Point Chamber of Commerce meets for its monthly luncheon at Lantana Resort, 2200 FM1192 in Pilot Point. Cost is $1 per person payable at the door. RSVP is needed. Visit http://pilotpoint.org. Thursday, Oct. 18, 11:30 a.m.

North Texas Society for Human Resource Management meets at Holiday Inn Hotel and Suites, 1434 Centre Place Drive in Denton. Cost to attend is $18 for members and first-time guests and $23 for returning nonmembers. Visit www.northtexas shrm.org. Thursday, Sept. 27, 11:15 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 Thursday, Sept. 20, 9 a.m. Thursday, Oct. 18, 9 a.m.

Lake Cities Chamber of Commerce will host its monthly luncheon at the Oakmont Country Club in Corinth. Cost for members is $15, $20 at the door. RSVP is needed to melissa@lakecities chamber.com

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 South Branch of the Denton Library, 3228 Teasley Lane. Call 940-349-8752 to make an appointment. Wednesday, Sept. 26, 9 a.m. Wednesday, Oct. 3, 9 a.m. Wednesday, Oct. 10, 9 a.m. Wednesday, Oct. 17, 9 a.m.

Monday, Oct. 8, 11:15 a.m.

Denton Chamber of Commerce Business Networking Lunch meets at Holiday Inn – Denton, 1434 Centre Place Drive. Lunch may be purchased for $10 from Holiday Inn – Denton. Friday, Oct. 5, noon

Thursday, Sept. 20, 8 a.m.

Tuesday, Oct. 9, 7:15 a.m.

Thursday, Sept. 27, 8 a.m.

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

Denton League of United Latin American Citizens No. 4366 meets at the Denton Senior Center, 509 N. Bell Ave. Saturday, Oct 20, 9:30 a.m.

940-566-6820 | shammond@dentonrc.com

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

Wednesday, Oct. 10, 6:30 p.m.

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.

Who to contact 940-566-6879 | dcobb@dentonrc.com

Wednesday, Sept. 26, 6:30 p.m.

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

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

Friday, Oct. 5, 7:30 a.m.

Sandra Hammond Advertising Director

chambers at City Hall, 215 E. McKinney St.

Tuesday, Oct. 9, 6 p.m.

Photo by David Minton

Dawn Cobb Managing Editor

Denton Planning and Zoning Commission meets in the council

Thursday, Oct. 4, 8 a.m. Thursday, Oct. 11, 8 a.m.

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

Women Business Owners of Denton County will hold its monthly luncheon at Oakmont Country Club, 1200 Clubhouse Drive in Corinth. Tuesday, Oct. 2, 11:30 a.m.

Monday, Oct. 1, 7 p.m. Please tell us about your event or

Lake Dallas 4B Community Development Corp. meets at Lake Dallas Municipal Complex. Monday, Oct. 8, 7 p.m.

meeting by e-mailing Karina Ramirez at kramirez@dentonrc.com; by fax at 940-566-6888; or by mail to DBC Calendar, Denton Record-Chronicle, 314 E. Hickory St., Denton, TX 76201.

Denton Business Chronicle

Sep. 12

4 Denton Business Chronicle

Sep. 12

Enterprising Voices

A Value Investing Triumph “Investment students need only two well-taught courses – How to Value a Business, and How to Think About Market Prices.” - Warren Buffett, 1996 Letter to Shareholders

n the morning of July 30, my business partner and I received some wonderful news. The engineering and construction firm Chicago Bridge & Iron (CB&I) announced it would buy out Shaw Group — one of our fund’s major holdings — for about $46 per share. As Shaw shares surged on the news, we exited the position. Shaw, with its 72 percent gain in approximately one year, has been a very profitable investment for our partners. The successful Shaw invest-

Jonathon FITE | ment also gives a glimpse of the powerful principles of Value Investing, the philosophy that guides our investment partnership. These principles helped create some of the world’s greatest fortunes, including those of Warren Buffett and his teacher and mentor, Benjamin Graham. As Mr. Buffett notes in the quotation above, the essence of Value Investing includes two key disciplines. The first discipline, “How to

Value a Business”, provides us with the required intellectual tools. A stock should be viewed as a fractional ownership interest in a business. We must understand the business, its industry and its competitors. We need to determine if the managers are smart, pro-shareholder capital allocators (a vital but surprisingly rare trait). Then, by analyzing the company’s assets, cash-generating power and growth prospects, we can calculate the company’s intrinsic value, the true worth of the stock. The second discipline, “How to Think About Market Prices,” provides us with the necessary emotional tools. It requires us to understand that the stock market is not “efficient,” and so the market price of a stock often differs from its intrinsic value.

When a stock’s price declines far below its intrinsic value, the resulting margin of safety creates an investment opportunity. This second discipline is very difficult to master, since the value investor must seek unloved companies that are out of favor with the mainstream opinion. Since cheap stocks can get cheaper, value investing requires emotional resilience. Rather than expending energy in the futile parlor game of predicting the market, value investors focus on exploiting the market. The investment in Shaw Group tested our skills in both of these disciplines. Let’s delve into this investment’s story in more detail. Over the next 20 years, more than a billion people will enter the “middle class.” China and India account for the majority of this rise, but across most of Southeast Asia and Latin America, huge swaths of people will enter the workforce, buy tel-

evisions and automobiles and generally seek to improve their quality of life. Today’s energy complex cannot support this growth. The businesses, homes and agencies required to employ, house and support this population mass will require vast amounts of electricity — power that today’s infrastructure simply cannot supply. In addition, the nature of today’s energy complex relies primarily on fossil fuels, namely coal and natural gas. This presents two main problems: how does the world produce more energy and from what sources will this energy come? By all accounts, coal and natural gas are not going away any time soon. In fact, recent projections from the U.S. Energy Information Administration’s (EIA) International Energy Outlook expect world coal and natural gas consumption to rise 80 to 100 percent over the next FITE | CONTINUED ON PAGE 9

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Business Mixers

Denton Business Chronicle

The Lake Cities, Little Elm and Argyle Chambers of Commerce

Sep. 12

The Lake Cities, Little Elm and Argyle chambers hosted a Mix & Mingle mixer Thursday, Sept. 6 at Texas Land & Cattle, 8398 S. Stemmons Freeway in Hickory Creek. The event was sponsored by the Boys and Girls Clubs of North Central Texas and Chris Stabile of Merchant Bank Card.

Lane Henderson and Michelle Henderson, directors of the IASIS Academy.

Sugene May of Lake Cities Spirit of Christmas and Shanna Terry with Motek Plumbing.

Robin Goodale, Kathy King Gilbert and Larry Gilbert. Rick and Babs Troutman of Boys & Girls Clubs of North Central Texas.

Melissa Cox of Aclarus Marketing & Events and Marie Smith, executive director of the Argyle Chamber of Commerce Photos by Karina RamĂrez

Mix with us Tell about your event or send photos

E-mail photos (200 DPI or higher) to drc@dentonrc.com

Tom Atchinson with Batteries Plus and Eric Grunor of the Eric Grunor State Farm Insurance Agency.

6 Denton Business Chronicle

Sep. 12

Business Mixers Peerless Manufacturing Peerless Manufacturing held a ceremonial groundbreaking at its new 80,000-square-foot manufacturing facility in early August located near Airport Road. Peerless is the leading providers of custom engineered systems and products designed to help ensure the delivery of safe, efficient and clean energy.

From left to right: Jim Corry, pre-construction manager, Schwob Building Company; Stan McClure, CBRE; Jay Lorch, CBRE; Scott Schwob, owner, Schwob Building Company; Andy Erickson, vice president, Schwob Building Company, general partner; Ron McCrummen, PMFG CFO; Peter Burlage, PMFG CEO; Sherrill Stone, PMFG, chairman of the board; Sean McMenamin, Peerless Mfg. Co., vice president â&#x20AC;&#x201C; manufacturing and supply chain; and Warren Hayslip, Peerless Mfg. Co., executive vice president â&#x20AC;&#x201C; operations.

Tetra Pak and Dean Foods Tetra Pak and Dean Foods employees volunteered at the North Texas Food Bank on August 22 to help with packaging milk into backpacks. The companies gave the food bank 250,000 specially produced, single-serve cartons of shelf-stable milk. Company officials said the donation â&#x20AC;&#x201D; which will save NTFB $92,500 â&#x20AC;&#x201D; will supply milk for more than three months to the program, which sends backpacks of nutritious food home with 8,250 chronically hungry schoolage children each weekend.

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The North Texas Food Bank says thank you for the 250,000 units of milk that were donated.

Mix with us Tell about your event or send photos

E-mail photos (200 DPI or higher) to drc@dentonrc.com

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ADVERTISER FOCUS: KoonsFuller, P.C.

Common Divorce Questions Answered: Assuring Peace of Mind for Clients and Their Families It is a true statement of fact that more than half of married couples will come to a situation in their life in which they will need the guidance of an attorney. The family law attorneys at KoonsFuller, P.C. advise that if you can stay married, they encourage couples to do so. However, if you find that it is inevitable that the marriage is going to end in divorce, it is imperative that your choice be governed by reason and diligence. Here are the answers to some of the most common divorce questions we face. Q: What is the most common concern encountered regarding custody? People often express fear that, should they divorce their spouse, their children will be “taken away” from them or they will “never see them.” However, unless a parent is found to be dangerous to the child’s immediate health and welfare, the fear of losing regular and normal access to your children in a divorce is a myth. The legal presumption in Texas is that it is in the best interest of a child that both parents be appointed “joint managing conservators”— often referred to as “joint custody.” The reality is that, in most cases, the court is going to award joint custody, where both parents share equally or independently in most parental rights. In today’s modern world of divorce, it is rare for a parent to be awarded sole custody. .............................................................. Q: Does “joint custody” mean all rights and possession are equal to both parents? Although Texas is slowly moving toward more equality in co-parenting, joint custody doesn’t mean all things are always equal. One parent may be granted certain decisionmaking rights over the other parent, and although equal (or 50/50) possession schedules are ordered by the court under the proper circumstances, Texas statutes that govern family law provide for a specific default possession schedule—referred to as a “Standard Possession Order”—that is not quite equal, although very close if the expanded version is ordered. Many parents perceive this lack of total equality as unfair. However, the issue is not fairness to the parent—it is what is in the best interest of the child under the specific circumstances. ............................................................. Q: How much should I expect to pay or to receive in child support each month? The monthly child support obligation is generally based on a certain percentage of a person’s net monthly income. This is commonly referred to as “guideline child support.” This percentage varies depending upon the number of children for which there is a legal obligation to provide support. The monthly net amount upon which the child support calculation is based is usually capped at a percentage of the first $7,500 net available funds per month. However, like many issues that arise in family law, the court has the discretion to deviate from the standard guidelines under specific circum-

stances. Medical insurance for the children is also a child support obligation, but in addition to the guideline child support. It is also very common to require that the person paying the child support—referred to as the “obligor”—name the children as beneficiaries on a life insurance policy insuring the obligor’s life that will pay out an amount that is sufficient enough to satisfy the remaining child support obligation. ............................................................ Q: As far as property is concerned, everything is divided in half, right? Equal division of community property happens a lot, but it is not a legal rule. Texas is a community property state, so the initial legal presumption is that everything owned by the spouses is community property until proven otherwise. As the case pro-

Charla H. Bradshaw Managing Attorney

gresses, the attorneys gather information to assist them in determining whether the property is possibly separate, community, mixed in character, owned or affected by an entity or trust or otherwise subject to other claims, such as offsets or reimbursement. This process is often referred to as characterization and tracing and can be very complicated and complex depending upon the content of the estate. At the end of the case, if the parties are unable to reach an agreement, the court will divide the community in a way the court deems just and right under the particular facts and circumstances of that case. So, a just and right division might be 50/50, or it may be disproportionately in favor of one spouse, depending upon the underlying circumstances as presented to the court. ............................................................ Q: Does Texas have alimony? Alimony is governed by the Internal Revenue Code (federal law), not the Texas Family Code, and in Texas, alimony only occurs by contractual agreement between the spouses. In other words, one spouse must contractually agree to pay alimony to the other. However, Texas law does contain provisions that give the court discretion to award spousal maintenance after divorce under very specific facts and circumstances, if the spouse qualifies to receive it. ............................................................ Q: How are family finances handled while my divorce is pending? In most larger counties, a contested divorce can take up to a year or longer to complete. In some counties, the court system provides

associate judges to assist district judges to help protect the children, the parties and the marital estate while the divorce is pending through temporary orders that govern temporary custody, temporary child support and temporary use of property, among many other things. ............................................................ Q: Does my case have to go to trial? Although many divorces begin as contested and court appearances are often necessary during the litigation process, most cases ultimately do not go to final trial, but rather settle through mediation or settlement negotiations. The collaborative law process is also an option. Only a very small percentage of divorce cases actually go to trial, in which case the judge will hear the evidence and make all the decisions for you regarding the issues you are unable to agree upon. .................................................................. At KoonsFuller, P.C., we measure our success by how well we meet or exceed our clients’ expectations and whether the clients and their families emerge from an action emotionally and financially intact. Success is not measured just by the results of a hearing or settlement conference, but by how the actions of all KoonsFuller, P.C. attorneys and staff affect the long-term well-being of our clients and their families. .................................................................. Charla Bradshaw is managing attorney at KoonsFuller’s Denton office. She is board certified in family law by the Texas Board of Legal Specialization.

“Success is not measured just by the results of a hearing or settlement conference, but by how the actions of all KoonsFuller, P.C. attorneys and staff affect the longterm well-being of our clients and their families.” Sean Abeyta Family Law Attorney

To receive a complimentary book go to: www.koonsfuller.com/complimentary-divorce-book

Protecting Your Assets from a Texas Divorce This comprehensive updated book is designed to help couples retain their assets when they divorce from spouses who split household items to married business partners who divide large, privately held companies and emerge from divorce financially intact no matter how difficult the economic landscape. The authors provide expertise in financial planning, estate planning, retirement issues, counseling, real estate, business valuation, taxes, insurance, bankruptcy and other areas affecting the financial future of divorcing Texans. Pictured above: KoonsFuller, P.C. Managing Attorney Charla H. Bradshaw and family law Attorney Sean (pictured above): KoonsFuller, P.C. Managing Attorney Charla Bradshaw. Family Law Attorne Sean Abeyta. Abeyta. About the book: Ike Vanden Eykel is known nationwide as one of the most renowned family IkeVanden Eykel is known nationwide as one of the most renowned family law litigators, and co-authored law litigators and co-authored “Protecting Your Assets A Texas Divorce” alongRick withRobertson, KoonsFuller, P.C. “Protecting YourAssets From A Texas Divorce” along withFrom KoonsFuller, P.C. attorneys Heather attorneys Rick Robertson, King and Charla Bradshaw.Heather King and Charla Bradshaw.

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Denton Business Chronicle

Sep. 12

8 Denton Business Chronicle

Sep. 12

Monthly News Recap 8-3

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Budget talks begin for city of Denton

30-acre lot recently near Denton Airport. Slated to open next summer, the approximately 80,000-square-foot manufacturing facility — with room for expansion — more than triples the size of the company’s current approximately 22,000-squarefoot facility in the 1100 block of Duncan Street. The new facility’s price tag totals about $9 million, according to company officials. When the facility is fully operational, the company looks to employ about 160 people.

The Denton City Council sought more information behind some assumptions in the city’s proposed $745 million budget for 2012-13, a 27 percent increase in spending over 201112. That increase includes $116 million in capital improvements, a 3 percent pay raise for the staff and the full-time equivalent of about 48 new hires. The budget assumes the city will charge the same property

a tax increase, said Bryan Langley, the city finance director. The city expects to collect about $26 million in sales tax next year, but $1.4 million will be refunded for economic incentive agreements. As a result, net sales tax receipts for 2012-13 are likely to be slightly less than gross receipts for 2011-12.

tax rate as last year, or 68.975 cents per $100 valuation. Because the average Denton home is worth slightly less in 2012, dropping to $154,354 from $154,378 in 2011, the average taxpayer would be expected to pay 17 cents less this year. However, the proposed tax rate is higher than the effective tax rate — the city estimates it would take about 68.045 cents per $100 to raise the same amount of money on the same properties as last year. Thus, keeping the same tax rate, under the law, is considered

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County officials change department name

some changes to the museums department. Commissioners recently approved a concept plan to change the name of the department to the Office of History and Culture. Officials said they want to improve some of the buildings and exhibits, look for more funding sources and reorganize the museum’s marketing efforts. The efforts will include hiring a curator of exhibits, who will create educational exhibits that

Denton County officials made

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Enterprising Voices FITE | CONTINUED FROM PAGE 4

20 years as more traditional power plants come online to support demand. Renewable power sources are expected to grow at similar rates, but their low base may have nominal real impact. Beyond these sources, a â&#x20AC;&#x153;renaissanceâ&#x20AC;? in nuclear power began to take hold coming out of 2010. In 2011, roughly 430 nuclear power plants operated around the world. About 25 percent of these were found in the U.S. while Japan, Germany and France comprised almost another percent of that figure. Across Brazil, Russia, India and China (the BRICs), a mere 61 nuclear plants were in operation. But over the next two decades, total nuclear power plants under construction, planned or proposed would nearly double, with more than 250 of those coming from the BRIC countries alone. With this data well understood, the stock prices of companies linked to this growth outlook performed well in 2010 and early 2011. Then, a major earthquake and subsequent tsunami crashed into the northeastern shores of Japan, devastating one of the countryâ&#x20AC;&#x2122;s oldest nuclear power plants in Fukushima. The world was shocked. Japanese energy officials called for a suspension of all future nuclear power plants, and a review of their current fleet. Germanyâ&#x20AC;&#x2122;s chancellor ruled their fleet of nuclear power plants would be retired. Even China stated their plans might be reconsidered. Every company linked to the broader nuclear power industry sold off in a panic. Shaw Group, one such company that we had been following for some time, got swept away in the selling deluge. Yet, while one segment of the companyâ&#x20AC;&#x2122;s operations was linked to the engineering design, construction and maintenance of such nuclear facilities, this was not all the company did. Shaw provided these services

to the entire power industry; while its engineering team had patented state-of-the-art designs for next-generation nuclear power plants, their teams supported natural gas, coal and other power generation methods, as well. Beyond power plant construction, the company had a core competence in the design, build and maintenance of major refining and chemical production facilities. In addition, Shaw provided a host of environmental services including remediation services (think clean-up crews after a natural disaster), emergency services (like construction, maintenance and decommission of temporary shelter facilities) and environmental engineering services (planning, design and program management of regulatory response initiatives). Finally, each of these businesses was supported by a leading fabrication and manufacturing capability for industrial pipes and steel assemblies. As the number 1 or 2 player in its segments, we believed Shaw would have a major role to play over the coming years as the worldâ&#x20AC;&#x2122;s industrial and power complex expanded to meet its growing needs. Shaw also possessed a fortress-like balance sheet, with nearly a billion dollars in cash. Using a conservative view of its profits and growth potential, we estimated that the companyâ&#x20AC;&#x2122;s intrinsic value was approximately $45 per share. Yet, after Fukushima dominated the headlines and the markets grew more pessimistic over the summer that growth would never return, Shawâ&#x20AC;&#x2122;s stock price continued to slide. We established a preliminary position in the stock at about $26 per share. But amid the U.S. debt ceiling debacle in August 2011, freaked-out investors sold off the stock as low as $20 per share. At those absurd levels, Shaw was basically trading for the cash on its balance sheet â&#x20AC;&#x201D; traders were giving no credit at all to its world-class business. We exploited the opportunity to

buy more Shaw shares at these silly cheap prices. A few months later, U.S. regulatory agencies approved the companyâ&#x20AC;&#x2122;s next-generation nuclear power plant design for key domestic projects. China, India and many other â&#x20AC;&#x153;emerging marketâ&#x20AC;? leaders pledged to keep forging ahead with their nuclear plans. The companyâ&#x20AC;&#x2122;s other business segments continued to perform well and its management bought shares in the open market with their own money. We waited patiently for many monthsâ&#x20AC;Ś until the CB&I buyout announcement. We like to say that value is its own catalyst, and weâ&#x20AC;&#x2122;re not counting on a buyout to realize our investment thesis. In due course, Shawâ&#x20AC;&#x2122;s stock price would likely have corrected upward toward its intrinsic value even otherwise. But CB&I certainly accelerated the process. We often field questions from our partners who ask what we think the market will do over the coming months. We often respond by saying we donâ&#x20AC;&#x2122;t know: if the market goes up, then the cheap companies we hold typically outperform; if the market goes down, then we try to buy more. Over time, we donâ&#x20AC;&#x2122;t really care what the â&#x20AC;&#x153;marketâ&#x20AC;? does. This point of view is not glib or naĂŻve. It simply reflects the fact that our successful investment in Shaw didnâ&#x20AC;&#x2122;t require us to predict where the market was heading, or guess what the Federal Reserve was going to do next. It demanded that we master how to value businesses and how to think about market prices. JONATHAN FITE is a managing partner of KMF Investments, a Texas-based hedge fund, and an adjunct professor with the University of North Texas College of Business and the University of Arkansas. This column is provided for general interest only and should not be construed as personal investment advice. Comments may be sent to Jonathon.Fite@KMF Investments.com.

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Sep. 12

Enterprising Voices

Anatomy of â&#x20AC;&#x2DC;Project Tea Cupâ&#x20AC;&#x2122;

s a practitioner and educator in the economic development field, one thing I continue to remind my audience is that â&#x20AC;&#x153;nothing happens fast in economic development.â&#x20AC;? This is evident in Project Tea Cup. On May 11, 2009, I received a call from a site location consultant with WDG in New Jersey about a company interested in Denton for its distribution facility for frozen and perishable foods. The project was confidential and was to be referred to as â&#x20AC;&#x153;Project Tea Cup.â&#x20AC;? On May 14, the consultant came to Denton and we met with human resource directors of five leading companies in Denton to discuss local workforce trends and availability. On June 25, the project had been handed over to CBRE in Dallas to handle the physical site location process. Forty-two sites were originally being considered. The forty-two sites were then narrowed to seven sites and the Denton site was eliminated. On Aug. 7, I once again received a call from CBRE and the Denton

Karen DICKSON | site was being considered again. We then discussed further the available incentives and detailed site information. Then, on Aug. 14, I got a call from CBRE in Oak Brook, Ill., and they were now handling the project. The seven sites being considered for Project Tea Cup had now been narrowed down to two sites and Denton was one of the two. At that time, the property owner and myself were asked to sign a NDA (nondisclosure agreement) and the companyâ&#x20AC;&#x2122;s identity was then revealed â&#x20AC;&#x201D; Project Tea Cup was the Target Corporation. On Sept. 15, the project went to the Economic Development Partnership Board to review Targetâ&#x20AC;&#x2122;s tax abatement request

and recommended a five-year and 100 percent tax abatement. In July 2010, the City Council approved the tax abatement agreement. Finally, April 2011, Target broke ground on its facility. Since that time, the distribution centerâ&#x20AC;&#x2122;s management team has been put in place and will soon begin hiring other positions. Its goal is to be operational by the end of the first quarter of 2013. As you can tell by the story I just shared with you, from the time we first received a phone call to the companyâ&#x20AC;&#x2122;s operations opening, it will be four years with the greatest bulk of time being devoted to the actual site location and incentive negotiation process. In the world of economic development, patience is not only a requirement but a virtue. KAREN DICKSON, vice president of economic development for the Denton Chamber of Commerce. She can be reached at vp@dentonedp. com.

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eptember is typically a membership luncheon month, but in order to accommodate a very important featured speaker, we have shifted the date to Thursday, Nov. 8. The Women In Commerce Fall Conference is the next day, Nov. 9; both will be in Hubbard Hall at Texas Womanâ&#x20AC;&#x2122;s University. Our Convention & Visitor Bureau will hold its annual Plannerâ&#x20AC;&#x2122;s Zone at the UNT Gateway Center on Oct. 25; and, the Hilton Garden Inn will host our Holiday Open House on Dec. 5. Weâ&#x20AC;&#x2122;ve tentatively scheduled a send-off reception for the Denton County state legislative delegation, in conjunction with the Lewisville and Flower Mound chambers, on Dec. 6 at Apogee

Chuck CARPENTER | Stadium. Weâ&#x20AC;&#x2122;ve decided to postpone the Celebrity Chefs event; our intent is to reschedule at a time when we donâ&#x20AC;&#x2122;t have so many other functions. Weâ&#x20AC;&#x2122;re pleased to announce that Phil Wilson, the new executive director of the Texas Department of Transportation, will be our speaker at the Nov. 8 membership luncheon. We have request-

ed that he address plans for expanding and improving Interstate 35, and the western segment of U.S. 380 from Denton to the Wise County line. Prior to his TXDoT appointment, Wilson served as the Texas Secretary of State, as well as held several senior roles for Gov. Rick Perry. He spent more than 10 years as a senior aide to former U.S. Senator Phil Gramm. The luncheon will be sponsored by Bill Utter Ford. Please save the date; more details will be available soon. CHUCK CARPENTER is president of the Denton Chamber of Commerce. He can be reached at 940-3682-9693 or e-mail at dcoc@dentonchamber.org.

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Monthly News Recap | CONTINUED FROM PAGE 8

can be showcased at county buildings across the county, not just in the city of Denton. 8-5

Home sales across state up over last year In the second quarter of 2012, home sales across the state increased 13 percent from a year ago, and the median price increased by 7 percent over the same time frame. In Denton County, the number of home sales was up 23.4 percent while the median price increased 8.3 percent, according to the Texas Quarterly Housing Report, issued by the Texas Association of Realtors. 8-6

Historical commission unveils new website The Denton County Historical Commission has a new website for the 100-plus history markers found throughout the county. The site, which recently went live, is where people can search for markers, plan visits or find out how to sponsor a marker. The website was a joint project of the commission’s marker committee and Denton County’s geographic information system division. Markers are grouped in 14 different areas, placed in five different sections of the county. The five sections begin in the center of the county — Denton, with the largest number of historical markers — followed by the northeast, southeast, southwest and northwest sections.

Denton County commissioners presented the proposed tax rate and adjusted budget projection for the 2012-13 fiscal year. After several weeks of budget appeals and financial tinkering, commissioners presented the proposed property tax rate of 28.2867 cents per $100 in property valuation.

Transportation Authority celebrated two milestones — the integration of the A-train’s Stadler GTW rail vehicles and the initiation of midday rail service. Schedule changes will benefit passengers in three main areas: Commuters will find it easier to get home in the middle of the day; students can attend class and then go home or to work; and recreational users can use the train to attend midday events.

8-10

8-16

Peterbilt officials confirm layoffs

Sterling Fry Street opens for tenants

Peterbilt Motors Co. officials confirmed several employees were laid off in July but wouldn’t release the exact number. Peterbilt, which is headquartered in Denton, is a truck manufacturing business with a plant at 3200 Airport Road. It is the city’s largest private-sector employer.

Students moved into the Sterling Fry Street mixed-use development, which includes an apartment complex with 194 units, retail space and a six-story parking garage on nearly 4.4 acres at the corner of Fry and Hickory streets. The 10,500 square feet of retail space has been filled by Potbelly Sandwich Shop, Chipotle Mexican Grill, MacDaddy’s Macaroni and Cheese Bar. GRIP Mediterranean Grill will also fill the retail space. I

8-8

County proposes new tax rate for fiscal year

8-12

Alpaca ranch becomes new bed and breakfast Denton resident Jim Patrick turned his working alpaca ranch into a bed and breakfast. The Old Irish Bed and Breakfast — an area that includes three vintage-style cottages — opened this year. Each cottage is named after award-winning alpacas — The Capote, the Greystoke Shamrock and The Finnegan. 8-14

DCTA celebrates midday rail service Denton County

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12 Cover Story

Denton Business Chronicle

Sep. 12

Right on Target By Karina Ramírez

Photo by David Minton

The new Target distribution center is located off Airport Rd in Denton. The center’s first shipping is scheduled for early March.

One of Denton’s industrial park complexes will have a new neighbor fully operational by next spring. Minnesota-based Target Corporation’s first robotic food and perishables distribution center is expected to begin shipments early next year with the goal to improve the company’s ability to deliver better and fresher produce and other grocery products to roughly 235 stores throughout Texas, Arkansas, Kansas, Louisiana, Mississippi, Oklahoma and Tennessee. The 366,000-square-foot, state-of the-art facility — at a cost of $100 million — will join other companies like Fastenal

and Aldi, Inc. that in the past couple of years brought new jobs and opportunities to the city. At a recent Denton Mayor and City Council breakfast, officials with Target outlined their plan for opening the center beginning in the fall and culminating with its first shipping set for early March. Company officials also outlined the center’s automated system, including its 20 banana-ripening rooms. FROM MERCHANDISE TO GROCERY STORE Target with its recognizable

“red and white bulls-eye logo,” has been serving customers by providing general merchandise at discounted prices since 1962. Today, the fourth-largest retailer has 355,000 employees at 1,755 stores with 37 distribution facilities and plans to expand into Canada and elsewhere, including overseas. Its first stores included wide aisles, easy-to-shop displays, fast checkout and lots of parking spaces, according to Target’s corporate website. But it was not until 2009, during an economic downturn,

that Target officials considered expanding their concept to offer grocery products by opening SuperTarget stores across the country. Steve Dembowski, general manager for the Target distribution center in Denton, said the company’s food strategy began about a decade ago. “People love our food offerings,” Dembowski said. ‘What if we could take an existing footprint of a store and simply create a market and a feeling and add about 40 percent more food products.” The open market style would offer produce, dairy, fresh meat and fresh-baked goods. A total of 108 stores would carry the

new format. Dembowski said the rapid growth and expansion of Target’s grocery business prompted the corporation to expand its food distribution operation to better ensure product freshness for its customers. In response to the growth, Target added 900 more stores with the market format in just two years. “Food is definite part of our business, so self distribution for us made a lot of sense,” Dembowski said. ADDING FOOD DISTRIBUTION CENTERS Target Corp. opened its first food distribution center in Lake

City, Fla., in the summer of 2008. The facility opened with a 380,000-square-foot refrigerated distribution area equipped with an automated storage and retrieval system (AS/RS), and 40,000 square feet of office space, according to a document found on the developer website, Ryan Companies Inc. Other food distribution centers would follow, opening in Iowa in 2009 and Arizona in 2011. The Denton center would be its fourth food distribution center. The same year as the opening of a distribution center in Iowa, Target officials searched for their fourth distribution center. The new center would replace the Supervalu Inc. distribution center located in Fort Worth. After considering 42 locations across the country, and conducting extensive research to find a food distribution site throughout North Texas, Dembowski said in an email that Target chose the city of Denton because it offered an excellent location, work force and quality of life as well as an impressive partnership offered by municipal and economic development officials. “These attributes make Denton an ideal location for Target’s new food distribution center,” he said. Target received a tax break worth an estimated $1.7 million over five years, approved in 2010 by the City Council to open the new center at 3952 Corbin Road. Denton Mayor Mark Burroughs told breakfast attendees that Target wanted to build something it had never built before and build a place that would create a new precedence for its company. “Think of what was happening in the nation financially then, during the depth of economic uncertainly,” Burroughs said. “Still, Target went ahead with their commitment to build in Denton.” FROM ROBOTIC CENTER TO THE BANANA ROOM Since its announcement, city officials have been excited to see the construction of the new cen-

13 Denton Business Chronicle

Sep. 12

Photo by Al Key

The front of the new Target Distribution Center takes an interesting architectural shape as workers continue construction and preparation on the building at the corner of Airport and Corbin Roads recently in Denton.

Photo Courtesy of Target

A look at the banana rooms inside one of Target’s distribution centers. The Denton center will have 20 banana rooms. ter. Chuck Carpenter, president of the Denton Chamber of Commerce, said in an e-mail Target was the right company to join the Denton community because of all it stood for. “Target meets the profile of what we need to help keep this a balanced community: career opportunities, significant real and personal property tax benefactor and a generous commitment to philanthropic, educational and charitable causes,” he

said. Target policy is to invest five percent of its gross income into the communities it serves — investing a total of $2.2 billion since 1962 or the equivalent of $3 million per week. The company has sponsored library makeovers, a program titled Take Charge of Education, and has had a longstanding partnership with United Way, officials said. The company also has a goal to help youngsters learn to read,

Photo by David Minton

Shoppers crowd into the school supply section of Target on Loop 288 during tax free weekend in Denton. committing to provide $500 million to the effort by 2015. John Vinson, the manager at the local SuperTarget located on Loop 288 and Brinker Road, said he and his staff are excited about having the distribution center nearby. “It is not going to change much for us,” Vinson said. “Normally we are able to get our products quickly since our local distribution center is just two and a half hours away.” Having the Target distribution

center move from Fort Worth to Denton and be just 30 minutes away allows more convenience, Vinson said. “We will be able to get anything we need, and it will help us get our stock very quickly,” he said. Dembowski said the robotic distribution center would be a one-of-a-kind facility in North America — “a crown jewel for our corporation.” TARGET | CONTINUED ON PAGE 14

14 Cover Story

Denton Business Chronicle

Sep. 12

Since the 1990s, there has been a trend toward automation in the grocery industry, according to Marc Wulfraat, president of MWPVL International, a Canada-based global supply chain and logistics consulting service firm in a report entitled, Distribution Center Automation in the Grocery Industry. Wulfraat described labor inside conventional grocery distribution centers as work that is “physically demanding with associates handling heavy cases and working at high speeds throughout the day in ambient, refrigerated and freezer environments.” Wulfratt explained in the early 1990s, grocery companies invested in automated solutions known as automated storage and retrieval systems or AS/RS. “The early generations of AS/RS machines were slower and more expensive than the

TARGET | CONTINUED FROM PAGE 13

With the highest level at nine stories tall, the facility sits on a 50-acre lot near the Denton Airport. Inside, food preservation is stored in freezers ranging from minus 15 degrees to a slightly chilled 55 degrees. The facility, in total, will have 20 million cubic feet of space. The automated system can pack pallets with specific items needed for each store — each pallet precisely stacked to maximize space. Robotic arms spin around a pallet, wrapping it snuggly for safe distribution. In the 20 banana rooms and with a carefully applied mix of ethylene gas and precise temperatures, lime green bananas will be ripened for fresh delivery to its stores, Dembowski said. “In Denton, we’ll do bananas right,” he added.

DRC file photo

The Denton Town Crossing Shopping Center SuperTarget on Loop 288 opened Oct. 8, 2006 machines that are currently available to the market,” Wulfraat wrote. Part of the problem Wulfraat explained, was that the machines could not move the pallets fast enough to support picking operations.

Target has partnered with Witron Logistik + Informatik GmbH, a German-based company which designed the distribution center’s operation. Since 2002, Witron has implemented automation solutions for a variety of grocery

companies nationally and internationally including The Kroger Company in Arizona, C&S Wholesale Grocers in New York and Sobey’s Inc. in Ontario, Canada, the report said. In addition to designing the Denton center, Witron will also help with its maintenance and operations, Dembowski said. The distribution facility is expected to ship 577,000 cases per week. Based on the 140 employees it is expected to hire, the throughput or flow rate is 140 cases per man-hour, and that includes all direct and indirect labor, Wulfraat wrote. The conventional perishable distribution center rate for a typical center is between 60 to 90 cases per man-hour, the report said.

TARGET | CONTINUED ON PAGE 15

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Cover Story TARGET | CONTINUED FROM PAGE 14

â&#x20AC;&#x153;Which lead us to believe that this facility will be highly automated,â&#x20AC;? Wulfratt wrote. PLANNING THE 2013 OPENING Target Corp. officials said the majority of the hiring would take place in early January 2013. With 170 jobs at maximum operations, including office personnel and a technologicallyskilled workforce, Target will also have a full-time Chiquita banana ripener. Company officials said the first receipt date for the products is expected around Feb. 18 with the first product shipment to take place around March 8. The center is expected to serve a majority of the Target Corp. stores residing in Texas and Oklahoma. Chuck Fremaux, chair of the board of directors of the Denton

Chamber of Commerce, said in an email that having the Denton Distribution Center in town was another step forward in the cityâ&#x20AC;&#x2122;s positive and proper growth. â&#x20AC;&#x153;High-quality facilities such as this provide the jobs and tax base that Denton desires, and will complement our existing economic base,â&#x20AC;? Fremaux said. â&#x20AC;&#x153;Projects like this, along with Dentonâ&#x20AC;&#x2122;s existing assets, such as our location, our airport and its industries, the universities and our existing businesses, such as Peterbilt Motors Company, Sally Beauty Holdings, Inc., and Tetra Pak to name just a few, will most certainly attract other high quality companies and projects to our area.â&#x20AC;? Staff writer Dawn Cobb contributed to this report.

8-18

Denton unemployment under last yearâ&#x20AC;&#x2122;s rate

The city of Dentonâ&#x20AC;&#x2122;s unemployment rate rose in July but remains lower than the same time last year. The jobless rate in Denton rose two-tenths of a percentage point from 6.2 percent in June to 6.4 percent in July, with 4,109 people looking for work, according to data from the Texas Workforce Commission. The July unemployment rate remains lower than the same time last year, when it was 6.9 percent. 8-19

City council reviews Hickory Street project The Denton City Council saw preliminary drawings, and the price tag, for the Hickory Street â&#x20AC;&#x153;Grand Streetâ&#x20AC;? project â&#x20AC;&#x201D; another to-do item in the downtown improvement plan.

Sep. 12

KARINA RAMĂ?REZ can be reached at 940-566-6878. Her e-mail address is kramirez@ dentonrc.com.

Monthly News Recap

| CONTINUED FROM PAGE 11

Denton Business Chronicle

In all, the public improvements stretching from Locust to Railroad streets, which will become a shared car-bike lane from the Square to the downtown train station, are expected to cost $3.1 million. The city had allocated nearly $1.8 million for the project, which includes wider sidewalks, new pavement, lighting, trees, plantings, benches and even outside access to electricity for outdoor festivals. I

Denton entities net Dollar General grants The Dollar General Literacy Foundation presented $10,000 in total grants to the Denton Public Library and the Denton school districtâ&#x20AC;&#x2122;s adult education program. The grant will help provide lifelong learning for adults who need to pursue the general education development program or learn English.

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16 Denton Business Chronicle

Sep. 12

Monthly News Recap | CONTINUED FROM PAGE 15

nies through its Partners of Choice program. 8-21

McDonald’s reopens University Drive site

Tax-free holiday good for retailers

The McDonald’s located at 306 W. University Drive reopened after undergoing reno-

8-19

Local company receives national recognition Acme Brick Company is one of only 12 companies nationwide to receive the 2012 Partners of Choice award from David Weekley Homes. Since 2004, David Weekley Homes has analyzed supplier performance in diverse industries, provided feedback and recognized compa-

8-22

vations this summer. During the three-month renovation, the store’s 55 employees went to work at other locations. The restaurant now includes contemporary leather booth seating, and other new features.

Correction On Page 12 of the Aug. 12 Denton Business Chronicle, the title of Richard Florida’s book was incorrect. The title is The Rise of the Creative Class.

Retailers called the state’s tax-free weekend results positive overall. Consumer traffic was consistent throughout the three-day tax break for back-to-school shopping, which kept retailers occupied, as expected.

Vital Statistics MIXED BEVERAGE TAX The following mixed beverage tax information was issued by the State Comptroller’s office for August. The list includes the name of the business, address, and reported tax. 119 Loophole Private Club, 119 W. Hickory St., Denton, $6,530.58 American Legion Post No. 550, 905 N. Foundation, Pilot Point, $2,100.14 Andy's Private Club, 122 N. Locust St., Suite B, Denton, $8,109.92 Angelina's Mexican Restaurant, 1400 N. Corinth St., Suite 111, Corinth, $1,799.14 Applebee's Neighborhood Grill, 707 S. I-35E, Denton, $9,107.14 Applebee's Neighborhood Grill, 2672 FM423, Little Elm, $4,085.48 Aramark Educational Services, 303 Administration St., Hubbard, Denton, $0 Ashton Gardens, 2001 Ashton Gardens Lane, Corinth, $6,344.52 B.P.O.E. Denton, No.2446, 228 E. Oak St., Denton, $1,202.60 Best Western Area Crown Chase, 2450 Brinker Road, Denton, $369.88 Black-Eyed Pea, 2420 S. I-35E, Denton, $276.08 Bono's Chop House & Saloon, 2025 N. Highway 287, Decatur, $5,820.64 Bono's Chop House & Saloon, 2025 N. Highway 287, Decatur, $4,304.86 Boomerjack Wings, No.8, 407 W. University Drive, Denton, $1,011.22 Brunswick Zone – Denton, 2200 San Jacinto Blvd., Denton, $2,259.74 Buffalo Wild Wings Grill & Bar, 1400 S. Loop 288, Suite 110, Denton, $5,563.60 Cabana Beverages, 1300 N. I-35E, Denton, $313.60 Casa Torres Mexican Restaurant, 2708 FM51, Decatur, $1,329.30 Chili's Grill & Bar, 600 S. Highway 287, Decatur, $6,845.30 Chili's Grill & Bar, 8394 S. Stemmons Freeway, Hickory Creek, $4,831.26 Chili's Grill& Bar, 2406 N, I-35S, Denton, $4,558.96 Chilitos Private Club Inc., 619-623 S. Denton Drive, Lake Dallas, $222.18 Chuy's, 3300 Wind River Lane, Denton, $12,084.24 Cool Beans, 1210 W. Hickory St., Denton, $7,240.94 Courtyard by Marriott, 2800 Colorado Blvd., Denton, $396.62 Cow Camp Steakhouse, 3142 N. Highway 287, Decatur, $280 Crazy Horse Saloon and Dance Hall, 508 S. Elm St., Suite A, Denton, $1,512.28 Crossroads Bar, 1803 N. Elm St., Denton, $1,837.92 Crossroads Bar, 1803 N. Elm St., Denton, $2,012.50 Dan's Silverleaf, 103 Industrial St., Denton, $5,856.90 Decatur Golf Private Club, 211 Country Club Road, Decatur, $0 Denton Side Bar, 109 Ave. A, Denton, $3,362.94 Don Jose Mexican Food & Cantina, 301 N. Highway 287, Decatur, $579.32 El Chico, No.106, 2201 S. I-35E, Denton, $514.50 El Fenix-Denton Texas, 2229 S. I-35E, Denton,

$1,565.62 El Guapo's, 419 S. Elm St., Denton, $2,385.60 Ernesto's Mexican Restaurant, 10279 FM455E, Suite 1, Pilot Point, $3,373.44 Frilly's, 1803 S. Highway 287, Decatur, $4,067 Fry Street Tavern Club, 121 Ave. A, Denton, $9,494.24 Fuzzy's Taco Shop, 1044 Maple St., Suite 101, Sanger, $606.62 Genghis Grill - The Mongolian, 2416 Lillian Miller Parkway, Denton, $471.52 Good Eats, No.729, 5812 N. I-35, Denton, $0 Hailey's, 122 W. Mulberry St., Denton, $3,486 Hannahs, 111 W. Mulberry St., Denton, $6,343.26 Hickory Street Lounge, 212 E. Hickory St., Denton, $4,741.94 Hilton Garden Inn – Denton, 3110 Colorado Blvd., Denton, $1,029.56 Hooligans Private Club, 104 N. Locust St., Denton, $9,689.82 Hooters of Denton, 985 S. I-35E, Denton, $7,807.10 II Charlies Private Club, 809 Sunset St., Denton, $9,833.18 J R Pockets Club, 1127 Fort Worth Drive, Denton, $6,154.26 Jackie's, 201 Main St., Lake Dallas, $4,364.92 Jag Private Club Inc., 119 S. Elm St., Denton, $4,954.18 Johnny Carino's Italian, 1516 Centre Place Drive, Denton, $2,212.14 Keiichi, 500 N. Elm St., Denton, $702.10 Kobe Sushi & Steak LLC, 2832 Eldorado Parkway, Suite 208, Little Elm, $424.62 Lake Cities Post No. 88 America, 105 Gotcher Ave., Lake Dallas, $2,592.52 Lake Dallas Point Restaurant, 303 Swisher Road, No. 100, Lake Dallas, $3,600.80 Lake Ray Roberts Area Elks Lodge, 1601 Marina Circle, Sanger, $321.02 Los Charros, 2763 E. Eldorado Parkway, Suite 105, Little Elm, $855.68 Los Jalapenos Restaurant, 420 W. Eldorado Parkway, Little Elm, $114.24 Los Toreros Restaurant, 2900 Wind River Lane, Suite 134, Denton, $2,049.88 Los Toreros Restaurant, 2900 Wind River Lane, Suite 134, Denton, $1,890.14 Love Shack, 113 E. Hickory St., Denton, $2,559.62 Lucky Lous, 1207 W. Hickory St., Denton, $22,523.90 Mable Peabody's Beauty Parlor, 1125 E. University Drive, Suite 107, Denton, $3,215.80 Mellow Mushroom, 217 E. Hickory St., Denton, $4,922.40 Meritt Ranch Beverage LLC, 2946 Ganzar Road W., Denton, $1,152.48 Meritt Ranch Beverage LLC, 2946 Ganzar Road W., Denton, $191.94 Metzlers Food and Beverage Inc., 1251 S. Bonnie Brae St., Denton, $0

| CONTINUED ON PAGE 17

Vital Statistics Mexi-Go Restaurant, 2831 Eldorado Parkway, Suite 112, Little Elm, $1,190.42 Mi Sueno Club, 2648 FM407E, Suite 150, Bartonville, $2,957.36 Mi Taza Latin Tex-Mex Café, 5017 Teasley Lane, Suite 101, Denton, $865.76 Mi Taza Latin Tex-Mex Café, 5017 Teasley Lane, Suite 101, Denton, $615.58 Miguelito's, 1521 E. McCart St., Krum, $1,072.96 Miguelito’s, 1412 N. Stemmons St., No. 178, Sanger, $2,613.94 Norman Heitz Memorial Post 104, 501 Thompson Drive, Lake Dallas, $1,713.04 Oak Street Drafthouse Club, 308 E. Oak St., Denton, $15,366.68 Oakmont Country Club, 1200 Clubhouse Drive, Corinth, $4,368 Ollimac Company, 1400 Corinth Bend, Suite 103, Corinth, $975.80 Ollimac Company, 1400 Corinth Bend, Suite 103, Corinth, $849.94 On The Border, 2829 S. I-35E, Denton, $6,232.80

Outback Steakhouse, 300 S. I-35E, Denton, $4,130.28 Pei Wei Asian Diner, 1931 S. Loop 288, Suite 130, Denton, $169.40 Phil Miller Post No.2205 VFW, 909 Sunset St., Denton, $2,133.88 Pourhouse Sports Grill, 3350 Unicorn Lake Blvd., Denton, $4,595.78 Prairie House Restaurant, 10001 Highway 380, Cross Roads, $1,675.52 Red Lobster, No.6349, 2801 S. I-35E, Denton, $2,776.48 Reunion On The Square, 106 N. Trinity St., Decatur, $747.46 Ringers, 807 Eagle Drive, Denton, $1,993.04 Riprock's, 1211 W. Hickory St., Denton, $10,120.04 Rockin' Rodeo, 1009 Ave. C, Denton, $10,258.92 Rocky's Sports Bar, 2000 W. University Drive, Denton, $4,932.48 Rooster's Roadhouse, 113 Industrial St., Denton, $5,314.54 Rosa's Cafe & Tortilla Factory, 1275 S. Loop 288, Denton, $467.88 RT's Social Club Inc., 1100 Dallas Drive, Suite 124, Denton, $14,090.16 Rubber Gloves, 409 E. Sycamore St., Denton, $1,583.12

BUILDING PERMITS The following building permits were issued by the Denton Planning and Development department in July. 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 Couture Fleet Services, 805 S. Woodrow Lane Denton Glass Company, 3741 Mingo Road, No. 204-205 Linwood Roberson Floring, 501 W. Hickory St. Pathway to Health Clinic, 2412 Old North Road, No. 100B Sign It Drive It, 809 S. Woodrow Lane Serendipity on the Square, 108 W. Oak St., No. 102 COMMERCIAL ALTERATION Advance Rehab Trust, 723 I-35E S., No. 224 ATT, 2520 W. University Drive, No. 1180 Austin Lane Technologies, 421 E. Hickory St., No. 104 Ben E. Keith, 2801 N. I-35E Bicycle Path, 2416 Lillian B. Miller Parkway, No. 190 Carroll Point Building, 919 S. Carroll Blvd., No. 100 Comfort Dental, 612 W. University Drive Design plus Inc., 2817 S. I-35E DGI Kensington LLC, 2411 W. Hickory St., No. 101 DGI Kensington LLC, 2411 W. Hickory St., No. 201 DGI Kensington LLC, 2411 W. Hickory St., No. 301 DGI Kensington LLC, 2411 W. Hickory St., No. 401 DGI Kensington LLC, 2411 W. Hickory St., No. 501 DGI Kensington LLC, 2413 W. Hickory St., No. 101 DGI Kensington LLC, 2413 W. Hickory St., No. 201 DGI Kensington LLC, 2413 W. Hickory St., No. 301 DGI Kensington LLC, 2413 W. Hickory St., No. 401 DGI Kensington LLC, 2413 W. Hickory St. No. 501 DGI Kensington LLC, 2413 W. Hickory St., No. 601 DGI Kensington LLC, 2413 W. Hickory St., No. 701 Earthwise Produce, 728 N. Elm St. No. 100 GS Denton LP, 1400 Bernard St., No. 1008 GS Denton LP, 1400 Bernard St., No. 1011 GS Denton LP, 1400 Bernard St., No. 128 GS Denton LP, 1400 Bernard St., No. 130 GS Denton LP, 1400 Bernard St., No. 132 GS Denton LP, 1400 Bernard St., No. 134 GS Denton LP, 1400 Bernard St., No. 135 GS Denton LP, 1400 Bernard St. No. 136 GS Denton LP, 1400 Bernard St., No. 146 GS Denton LP, 1400 Bernard St., No. 159 GS Denton LP, 1400 Bernard St., No. 160 GS Denton LP, 1400 Bernard St. No. 164 GS Denton LP, 1400 Bernard St., No. 166 GS Denton LP, 1400 Bernard St., No. 180 GS Denton LP, 1400 Bernard St., No. 182 GS Denton LP, 1400 Bernard St., No. 199 GS Denton LP, 1400 Bernard St., No. 2008 GS Denton LP, 1400 Bernard St., No. 2015 GS Denton LP, 1400 Bernard St., No. 2018 GS Denton LP, 1400 Bernard St., No. 203 GS Denton LP, 1400 Bernard St., No. 215 GS Denton LP, 1400 Bernard St., No. 230 GS Denton LP, 1400 Bernard St., No. 236 GS Denton LP, 1400 Bernard St., No. 251 GS Denton LP, 1400 Bernard St., No. 252 GS Denton LP, 1400 Bernard St. No. 257 GS Denton LP, 1400 Bernard St. No. 264

GS Denton LP, 1400 Bernard St., No. 265 GS Denton LP, 1400 Bernard St., No. 285 GS Denton LP, 1400 Bernard St., No. 295 GS Denton LP, 1400 Bernard St., No. 297

McDaddy’s, 1206 W. Hickory St. Rent-A-Center, 606 W. University Drive Repos Garage, 1104 S. Woodrow Lane Res Building Suppy, 2830 Geesling Road, No. 100 RR Marketplace LP, 2520 W. University Drive, No. 1154 Sprint, 813 S. Elm St. St. Andrews Presbyterian, 300 W. Oak St. Teasley Square Shopping, 1776 Teasley Lane, No. 101 Tetra Pak Materials LP, 3300 Airport Road The Villagegreen, 1407 Bernard St. Tiffanie Rae Reed, 4017 Mesa Drive Timberlake Dental, 3309 Unicorn Lake Blvd., No. 162

| CONTINUED ON PAGE 20

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$1,303.68 University Lanes, 1212 E. University Drive, Denton, $1,492.26 Villa Grande Mexican Restaurant, 12000 US Highway 380, Suite 100, Cross Roads, $2,749.04 Villa Grande Mexican Restaurant, 2530 W. University Drive, Suite 114, Denton, $1,401.82 Vitty's Club Inc., 1776 Teasley Lane, Suite 102, Denton, $4,594.80 Wild Horse Grill, 9400 Ed Robson Boulevard, Denton, $3,339 Wing Town, 4271 FM2181, No. C316, Corinth, $0

MIXED BEVERAGE TAX

Rubber Gloves, 409 E. Sycamore St., Denton, $1,878.52 Ruben's Ballroom, 1982 E. Highway 380, Decatur, $526.54 Ruby-Jeans Social Club Inc., 309 N. FM156, Ponder, $1,079.54 Schmitty's, 407 W. Eldorado Parkway, Suite 1, Little Elm, $402.92 Scooters Tavern, 6481 FM455W, Sanger, $2,433.76 Sushi Café, 1401 W. Oak St., Denton, $89.88 Sweetie Pie's Ribeyes, 201 W. Main St., Decatur, $649.32 Sweetwater Grill & Tavern, 115 S. Elm St., Denton, $6976.2 Swishers, 501 E. Swisher Road, Lake Dallas, $53.90 Texas Land & Cattle Steak House, 8398 S. Stemmons Freeway, Hickory Creek, $2,167.34 Texas Roadhouse, 2817 S. I-35E, Denton, $5,463.08 The Abbey Inn Restaurant & Pub, 101 W. Hickory St., Denton, $7,058.66 The Aztec Club, 720 W. University Drive, Denton, $2,590.42 The Bears Den, 11670 Massey Road, Pilot Point, $0 The Garage, 113 Ave. A, Denton, $6,188.84 The Green House, 600 N. Locust St., Denton, $3,662.54 The Labb Club, 218 W. Oak St., Denton, $6,521.34 The Lion's Den, 2700 E. Eldorado Parkway, Suite 250, Little Elm, $3,056.20 The Olive Garden Italian Restaurant, 2809 S. I-35E, Denton, $3,580.50 Three Fins Seafood Grill Private, 2303 S. I-35E, Denton,

Denton Business Chronicle

18 Denton Business Chronicle

Sep. 12

Vital Statistics SALES TAX The following sales permits were issued by the State Comptrollerâ&#x20AC;&#x2122;s Office for August. 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. 75065 7-Eleven Inc., Tetco No.450, 8300 S. Stemmons Freeway, Hickory Creek Anna Burgess, Forever Memories By Anna, 5314 Queens Court, Lake Dallas Eric R. Zumwalt, Soli Lawn Care, 515 Clancy Lane, Lake Dallas Jimmy Terry Lantrip, Market Street Market, 275 Market St., Lake Dallas Sorsby & Kennedy Fitness LLC, Around The Clock Fitness, 1039 Hickory Creek Blvd., Hickory Creek

111, Denton Nowx II Inc., Nowx II Inc., 2436 S. I-35E, Suite 376-153, Denton Olivia Madrid, Kaylinn's Wholesale No. 2, 1776 Teasley Lane, Suite 107, Denton Party City Corporation, 416 Party City of Denton, No.416, 2315 Colorado Blvd., Suite 120, Denton Rebdan & Associates Inc., Yogurtland, 1201 E. Hickory St., Denton Robert Clifton Wilson, Y&B Rock Jewelry, 2110 Camellia St., Denton Shannon Rachael Mayes, Bamboobaby, 1710 Sam Bass Blvd., Apt. 402, Denton Shelton Ogle Enterprises LP, Shelton Ogle Enterprises LP, 2324 San Jacinto Blvd., Suite 207, Denton Tessa Lee Ann Reuven, NTR Carts, 2201 S. I-35E, Denton Turbo Restaurants LLC, Arby's No. 5999, 2313 Colorado Blvd., Denton

75068 Amy Leonilde Singleton, Aim Photography, 416 Meandering Trail, Little Elm Angela K. Frith, Blah Da Bling, 2444 Playa Del Mar Drive, Little Elm Blueline Tactical Group, LLC, Blueline Tactical Armory, 1425 Red Drive, Little Elm Friendship Cable of Texas Inc., Friendship Cable of Texas Inc., 26772 US Highway 380, Suite E, Denton Josh Ingram, Texas Trading Card Company, 2409 Northwind Drive, Little Elm Little Elm Smoothie Bar LLC, Little Elm Smoothie Bar LLC, 2700 E. Eldorado Parkway, Suite 401, Little Elm Ramon Padilla, P&A Brides, 1429 Knottingham Drive, Little Elm Sabrina Monique Vallecillo, Brooklyn's Charm, 926 Horizon Ridge Circle, Little Elm Suzanne Nichols, Flavors Of The West, 14710 Crystal Lake Drive, Little Elm Terrence C. Purnell, Barpo Construction, 1000 E. Eldorado Parkway, Suite 170, Little Elm

76207 B&C Gear & Machine Inc., B&C Gear & Machine Inc., 5000 Energy Place, Suite 300B, Denton Carl Munoz and Gabriel Kirkpatrick, MK Partners, 2620 Coffey Drive, Denton Emma L. Perry, Antique Gallery, 5800 N. I-35, Suite 400, Denton Goin' YaRoad Inc., Goin' YaRoad Inc., 2025 W. Windsor Drive, Denton Probilt Services Inc., Probilt Services Inc., 3412 Schuyler St., Denton Taylor Andrew Darley, Darley Maintenance, 3300 Darby Lane, Denton

76201 Annie Elizabeth Palmer Annie Girl, 108 E. Oak St., Suite 101, Denton Armand J. Kohandani, Denton Camera, 117 Piner St., Denton Caitlin Crawford, Austin Street Apothecary, 1400 N. Austin St., Apt. 1, Denton Charles R. Axtell, Art Alley, 1100 N. Locust St., Denton Delbert D. Lipscomb, Eddie Myrtle's Southern Cuisine, 105 S. Elm St., Denton GV Restaurants LLC, GerhaRoad's, 222 W. Hickory St., Suite 104, Denton Joel Arturo Fragoso, The New Garibaldi, 1813 N. Elm St., Denton K & Kate's Inc., Czen, 408 N. Texas Blvd., Denton Molly A. Harris, Esthetics With Molly, 725 N. Elm St., Denton Olajumoke Bakare, JJK Enterprises, 100 Ave. D, Apt. 5, Denton Painting With Patience LLC, Painting With Patience, 704 N. Elm St., Denton Perry L. W Nichols, Nichols Burners & Things, 326 E. McKinney St., Suite 106, Denton Tammy E. Galvan, Tammy E. Galvan, 305 S. Locust St., Denton Turbo Restaurants LLC, Arby's No. 986, 901 W. University Drive, Denton

76208 Brad Thomas Archer, Brad Archer, 127 Archer Road, Denton Eimim LLC, Eimim LLC, 3701 E. McKinney St., Suite 100, Denton Glass Dreams Inc., Denton Glass Company, 3741 Mingo Road, Suite 204-205, Denton Glen T. Hanberg, Hanberg Mobile RV Repair, 1960 Lakeview Lane, Denton Harmony Bays, Harmony Bays, 114 Island Circle, Shady Shores Jeremy T. Hubnik, White Wing Weaponry, 5101 E. University Drive, Suite 614, Denton Johnathan Burling, Johnathan Burling, 3609 San Lucas Lane, Denton Kahana & Company Designs LLC, Kahana & Company Designs LLC, 4233 Boxwood Drive, Denton Kathy Harrelson, Restorations Plus, 424 W. Shady Shores Road, Shady Shores Poum 21 Food Inc., Gentis Italian Restaurant, 4451 Swisher Road, Corinth Pratt Recycling, Inc., Pratt Recycling, 1401 S. Mayhill Road, Denton Richard Stephen Guditis, Tangle Ridge Ranch, 7003 Chittamwood Drive, Denton Susan Shepherd, Powell Jewelry, 821 S. Mayhill Road, Denton

76205 7-Eleven Inc., Tetco No.401, 2400 S I-35E, Denton Bandolo Designs LLC, Bandolo Designs LLC, 1608 Greenlee St., Denton Caliber Construction Inc., Caliber Construction Inc., 504 Chambers St., Denton Hong Li Inc., Hong Li Inc., 2251 S. Loop 288, Denton JMF Operating Company LLC, Local Circuit, 308 Dallas Drive, Denton, Kathryn Fuhr Fretwell, Sacred Images, 1917 Colorado Blvd., Apt. A, Denton Kathryn Lemley and Shawna Lemley, The Quilt Shop, 1108 Sandpiper Drive, Denton Maurices Inc., Maurices Apparel Company, Maurices No.1693, 1800 S. Loop 288, Suite 228, Denton Minifigs Bricks and More LLC, Minifigs Bricks and More LLC, 2215 S. Loop 288, Suite 408, Denton Monica R. Torres, Monica Torres Photography, 1541 Valley Creek Road, Denton Nargis K. Habib, H2O Lounge, 1776 Teasley Lane, Suite

76209 Beverly Hills U.S.A. Inc., E-Z Chek No.1, 1015 E. McKinney St., Denton Crimson Roofing LLC, Oakley Roofing & Construction, 2504 Oak Park Drive, Denton Febe Brothers Ltd., Subway University Drive, 2912 E. University Drive, Suite 100, Denton John B. Smith, Custom Crafts, 3317 Bob O Link Lane, Denton Marie E. Butler, Quilted Memories, 1509 Seminole Ave., Denton Veas Na Om, Donut Place, 1125 E. University Drive, Suite F, Denton 76210 Aaron Matthew Kile, Completely Clean, 3701 Merrimack Drive, Denton Addison June LLC, Addison June, 1605 Wood Ridge Court, Corinth America I.C. Connection Inc., Kim's Canine Closet, 1105

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Palo Verde Drive, Denton Badge Construction Services LLC, Badge Construction Services LLC, 3009 Blake St., Corinth Bruno Paiva, Paiva Productions, 3605 Yale Drive, Denton CBJ Commodities Limited Liability Company, CBJ Commodities Limited Liability Company, 6604 Longleaf Lane, Denton Cynthia Ann Bird, Two Hearts, 2215 Lake Sharon Drive, Corinth Daniel Baker, Baker Lawn And Landscape, 201 Regency Court, Denton Don E. Kendricks Sr., Kendricks BBQ & More, 3232 Bent Creek Drive, Denton Emily E. Brown, Syrinx Studios, 7617 Shoal Bend, Denton Justin D. Barnes, Meridian Services, 2501 Briar Forest Drive, Denton Kathryn Boyle and Leah M. Rose, The Shaved Ice Hole, 2120 Belmont Park Drive, Denton Lacey Elizabeth Martin, Lacey Martin Festive Crafts, 3103 Brett Road, Corinth Ledenis Garcia and Ronnie Gross, R&R Commercial Cleaning, 1109 Silent Star Lane, Denton Megan McCammond, Megan McCammond, 2613 Timberview Circle, Corinth

Onye Kachi Kalu, Gods Grace Fashion Home & Hair Specialist, 8008 Mirror Rock Lane, Denton Tanya Faglie, Cold Mountain Cart, 1313 White Dove Lane, Denton 76226 Gel Industries LLC, Gel Industries LLC, 2005 Christina Court, Denton Jerry Lee Cook, Jerrycooksales, 706 Robin Lane, Argyle Joshua Don Mills, Mills Auto Lubricants, 5816 Meadowglen Drive, Denton Kathleen K. Wason, Matador Floral & Gifts, 1300 Brush Creek Road, Denton Kirbservice Inc., Kirbservice Inc., 311 Forest Trail, Argyle Martin Electrical Systems LLC, Martin Electrical Systems, 4030 Trey Lane, Suite D, Argyle Paying 4 Referrals LLC, Paying 4 Referrals LLC, 226 Timberview Court, Argyle 76227 Amanda Hawkins, 2 Half Pints Brewing, 8932 Whirlwind Trail, Aubrey Kim Sorensen, Kreativity by Kim, 1139 Partridge, Aubrey Patty Mccallum, Cross Roads Consignments, 8500 US

Highway 380, Cross Roads Phillip Bruce Sharp, Sharp Ranch, 6383 FM2931, Aubrey Sus EJ Capital Group LLC, Sus EJ Capital Group LLC, 1513 Mockingbird Drive, Aubrey Talon Martial Arts Inc., Talon Martial Arts Inc., 26797 US Highway 380, Little Elm The Texas Society Daughters of The American Revolution, Texas Society of The American Revolution, 900 Glenview Circle, Aubrey Tracy Larocque & Philip Larocque, Telayne Designs, 401 Oak View Drive, Cross Roads 76234 Crazy Horse Saloon and Dance Hall, Crazy Horse Saloon and Dance Hall, 1982 E. Highway 380, Decatur George A. Davis, George's Auto Sales, 601 N. Highway 287, Decatur Glinda D. Brazil, Sweet Creations, 1903 Highway 51N, Decatur James G. Hatcher Jr., Whiskey Diamond Ranch, 123 Private Road, No. 4011, Decatur Michael J. Reid, Michael & Ella's Stuff, 9826 Schuster Lane, Decatur Mlits Inc., Milts Inc., 313 Quail Chase Lane, Decatur

| CONTINUED ON PAGE 20

Vital Statistics

Denton Business Chronicle

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

Sep. 12

STATE TAX LIENS NAME/ADDRESS Byron D. Lindsey and Kerri Marie Lindsey, 1301 Cheyenne Trail, Corinth Jon W. Holliman, 2900 Wind River Lane, Suite 142, Denton Oxygen Entertainment LLC, 2203 Barton Springs Drive, Corinth Paul D. Gale, 1908 Shasta View Drive, Justin YJW Inc., 1101 Dallas Drive, Denton

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 Limited sales excise and use tax

AMOUNT $173,499.79 $1,404.64 $1,266.26 $1,253.49 $23,382.56

REC. DATE 08/15/2012 08/29/2012 08/15/2012 07/30/2012 08/29/2012

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 $2,524.87 $1,955.12 $916.70 $1,461.84

REC. DATE 08/15/2012 08/15/2012 08/02/2012 08/15/2012

TYPE 941 940, 941 1040 1040 6721,940,941,944

AMOUNT $155,996.25 $9,002.85 $1,456.11 $8,550.09 $11,342.90

REC. DATE 08/21/2012 08/13/2012 08/06/2012 07/31/2012 08/07/2012

TYPE 941 1040 1040 1040 6672 6672 1040 1040 1040 6672 6672 1040 941 1040 6721 1040 1040

AMOUNT $24,019.61 $5,217.93 $5,176.10 $6,691.80 $37,731.06 $5,924.38 $5,332.45 $11,067.97 $42,850.90 $6,988.11 $9,514.04 $11,451.91 $11,441.06 $63,141.89 $1,400.00 $47,809.18 $47,809.18

REC. DATE 08/13/2012 08/02/2012 08/27/2012 07/31/2012 08/20/2012 08/20/2012 08/27/2012 08/06/2012 07/31/2012 08/20/2012 08/27/2012 08/20/2012 08/06/2012 08/20/2012 08/02/2012 08/20/2012 08/21/2012

BACK PAIN?

RELEASE OF STATE TAX LIENS NAME/ADDRESS Cowboy Militia LLC, P.O. Box 68, Ponder Crazy Horse Saloon and Dance Hall, 508 S. Elm St., Suite A, Denton David M. Sandridge, P.O. Box 68, Justin HMPM Corp., P.O. Box 1356, Little Elm

Denton Chiropractic Center Auto & work injuries accepted. Mon. - Fri. 7-9, Sat. 7-6 I-35 at McCormick Se Habla Español.

FEDERAL TAX LIENS NAME/ADDRESS HCA Industries Inc., 2300 I-35W, Suite 100, Denton Lee and S. Company, 3606 S. I-35E, No. 100, Denton Lester D. and Baby E. Sampson, 508 Rose St., Denton Stanley R. and Melaney G. Crawford, 2436 I-35E, Suite 376-102, Denton Suzan Ketenjian, USA Lube and Tune, 2311 S. I-35E, Denton

RELEASE OF FEDERAL TAX LIENS NAME/ADDRESS 3 Inas Inc., 3601 E. University Drive, Denton Alan W. and Constance S. Williams, 2321 Kingston Trace, Denton Andrew R. Batangan, 610 N. Austin St., Denton Brian Frazier, 223 Forest Trail, Argyle Brian Frazier, 223 Forest Trail, Argyle Brian Frazier, 223 Forest Trail, Argyle James M. Thurman, 130 N. Garza Road, Shady Shores Jane M. Mourning, 8925 Crestview Drive, Denton Jeffrey N. Sowards, 5401 Parkplace Drive, Argyle Jerry D. Simmons, 7809 Steeplechase Circle, Argyle Jerry D. Simmons, 7809 Steeplechase Circle, Argyle Jim B. Myers, 26878 US Highway 380 E, Aubrey Peruvian Touch Inc., 303 N. Carroll Blvd., Suite 210, Denton Stephen M. Ratliff, 1709 Cedar Elm Drive, Corinth Taloukie Brothers Enterprises Inc., 3922 E. McKinney St., Denton Todd H. Lewis, 2023 Vintage Circle, Corinth Todd H. Lewis, 2023 Vintage Circle, Corinth

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Sep. 12

Vital Statistics LIENS

BUILDING PERMITS

The following liens were posted in August at the Denton County Clerkâ&#x20AC;&#x2122;s office.

| CONTINUED FROM PAGE 17

MECHANICS LIENS

Timberlake Dental, 3311 Unicorn Lake Blvd., No. 162 Viet Bites, 702 S. Elm St.

NAME/ADDRESS Adrian J. Conner and Justin A. Smith, 425 Stone Ridge Drive, Ponder Alfonso H. and Nora P. Orozco, 317 W. Huffman St., Krum Carol H. and Lindy M. Cox, 5401 S. Potter Shop Road, Cross Roads Dale P. and Kristi G. Gleason, 1424 Switzer Road, Sanger Ed and Lynda Dawson, 685 Knob Hill, Argyle Eric W. and Megan C. Branch, 6009 Hawkeye Road, Krum Jack and Karen Martin, 1560 Karen Drive, Denton James C. and Delyte J. Brown, 9494 Waide Road, Sanger James M. and Carol Collins, 2401 Chippings Campden, Argyle Mark and Holly Welch, 7410 Colton Lane, Pilot Point Willie P. Jackson, 538 E. Walcott St., Pilot Point

CONTRACTOR Issac L. Johnson Contracting Scott Edwards Snyder Construction Inc. Orcas Development Co., Inc. Noble Classic Homes Scott Edwards M.S. Hamilton Homes LLC Paul Webb MLG CJ Construction

AMOUNT $10,690.56 $203,045.00 $268,724.00 $332,427.25 $334,034.00 $28,883.40 $298,672.00 $310,298.00 $14,650.00 $590,323.00 $66,800.00

REC. DATE 08/20/2012 07/30/2012 07/26/2012 07/26/2012 08/24/2012 08/20/2012 07/30/2012 08/13/2012 08/17/2012 08/02/2012 08/20/2012

| CONTINUED FROM PAGE 18 Paula J. Rogers, PJâ&#x20AC;&#x2122;s Photos, 2376 FM2264, Decatur Shredderz Skate & Sport LLC, Shredderz Skate & Sport LLC, 2150 E. Highway 380, Decatur Texas Turbine Conversions Inc., Texas Turbine Conversions Inc., 330 Private Road 2506, Decatur Turbo Restaurants LLC, Arby's No. 7869, 851 S. Highway 287, Decatur 76249 Cindy A. Zimmerman, Rock My World, 9231 Jim Christal Road, Krum Gavin W. Pillow, Byd Rod And Custom, 1830 Darby Smith Road, Krum Javier T. Barnes, Five Four, 6233 High Meadows Drive, Krum Lindsey Renee Rindal, Spur Of The Moment Trendz, 129

76258 Charlie Mack Miller, The Magnolia Station II, 110 E. Liberty St., Pilot Point Tammie L. Jones, Nu Image, FM Road 455, Pilot Point The Bears Den LLC, The Bears Den, 11670 Massey Road, Pilot Point 76259 Hart Holdings LLC, Subway Ponder, 104 W. Bailey St., Ponder 76266

RESIDENTIAL Airtron Inc. 3004 Pecan Tree Drive, $210,896.58 Audra Oaks Home Builders 2904 Dana Lane, $154,089.76

SALES TAX N. 2nd St., Suite B, Krum Nancy A. Franke, Rascal Writer Publications, 316 N. 1st St., Krum Ruben A. Chavez, Ruben's Flea Mart, 1020 E McCart St., No. 6, Krum

COMMERCIAL Atmos Pipeline, 5642 E. McKinney St. David Rutledge, 1921 Virginia Circle Denton ISD, 820 Sun Valley Drive Denton ISD, 3100 Teasley Lane Orbis RPM, 5071 Dakota Lane Peerless Manufacturing, 5450 Dakota Lane Plan-It Self-Storage LLC, 520 Blake St.

Ace Heating & Air Conditioning Inc., Ace Heating & Air Conditioning Inc., 6721 FM2164, Sanger Ashleigh Brooke Van Dyke, Ritzy Couture, 904 S. 5th St., Suite 104B, Sanger Ashley Harris, Just Fab, 10031 Terrace Road, Sanger Beth A. Sharp, Tailgate and Two Step Boutique, 2514 Caddo Trail, Sanger Beth A. Sharp, Tailgate and Two Step Boutique, 708 N. 8th St., Sanger Cote's Mechanical LLC, Cote's Mechanical LLC, 315 N. 3rd St., Sanger MLG Direct LLC, MLG Direct LLC, 7029 Odom Road, Sanger Robert J. Jones, Sanger Hardware, 620 S. Stemmons St., Sanger Roger Kimbrell Inc., Target Distributing, 2017 Benjamin Drive, Sanger Sourcerock ES Inc., Sourcerock ES Inc., 103 Bolivar St., Sanger

Century Custom Homes 1201 Raleigh Path Road, $109,000 1129 Raleigh Path Road, $109,000 1108 Tallahassee Drive, $109,000 DR Horton Texas Ltd. 3120 Buckthorn Lane, $197,419.42 1108 Central Village Drive, $271,475.29 4516 Remuda Lane, $230,005.82 3121 Stonecrop Trail, $322,489.14 1204 Nora Lane, $304,907.57 1101 Central Village Drive, $210,889.83 1217 Nora Lane, $211,170.53 4512 Remuda Lane, $201,146.73 1105 Central Village Drive, $184,344.44 905 Regency Court, $225,296.95 1104 Nora Lane, $212,560.01 Forestar Real Estate Group 8416 Bishop Pine Road, $324,044.55

8409 Bishop Pine Road, $502,923.24 HFG Magtex LP 3904 Cliffside Drive, $286,959.32 3904 Cliffside Drive, $286,959.32 3900 Cliffside Drive, $346,600.88 3812 Cliffside Drive, $212,228.51 3908 Cliffside Drive, $432,721.62 Moore & Smith Builders 2716 Westglen Drive, $245,861.68 2729 Westglen Drive, $228,924.73 2809 Roland Drive, $252,119.38 Redstone Construction Inc. 2705 Westglen Drive, $219,707.15 2712 Westglen Drive, $219,707.15 2709 Westglen Drive, $218,508.89 2713 Westglen Drive, $210,427.36 2708 Westglen Drive, $195,737.00 2704 Westglen Drive, $210,427.36 Robson Denton Dev. LP 9517 Crestview Drive, $271,340.69 10116 Cypress St., $262,946.01 10108 Parkcrest Court, $271,340.69 9105 Perimeter St., $222,352.22 8820 Crestview Drive, $346,350.86 12012 Claridge Court, $345,685.18 12008 Shalimar Drive, $273,580.25 8925 Gardenia Drive, $345,685.18 Standard Pacific of Texas 3707 Desert Willow Drive, $251,458.93 TLS Homes Inc. 9301 Toledo Bend, $233,381.85 Wyndham Custom homes 3605 Cotton Drive, $209,796.35

! ! " # " $ % " #& ! ! IS

22 Denton Business Chronicle

Sep. 12

Vital Statistics OIL AND GAS LISTINGS The following oil and gas reports for the month of August were posted by oilandgasreports.com LLC, P.O. Box 1540, Corpus Christi, TX 78403. For more information, visit www.oilandgasreports.com. DENTON COUNTY Lease: Buckner-Farms Unit Operator: Burlington Resources O&G Co. LP Location: 303.14-acre unit, D.M. Hallmark Survey, A524; 3.5 miles W of Krum Field: East Newark (Barnett Shale) Total Depth: 9000' Lease: Casner Operator: Williams Prod. Gulf Coast, LP Location: 178.0607-acre unit, MEP & P RR Co./ H. Campbell Survey, No. 62, A-1462; 5 miles NW of Flower Mound Field: Newark, East (Barnett Shale) Total Depth: 8293' Lease: Cummings B Operator: William Prod. Gulf Coast LP Location: 324.6178-acre unit, J. West Survey, A-1414; 4.7 miles NW of Flower Mound Field: Newark, East (Barnett Shale) Total Depth: 8327' Lease: Cummings "C" East Operator: Williams Prod. Gulf Coast LP Location: 225.2029-acre unit, MEP & P RR Co/H.

Campbell Survey, No. 62, A-1462; 4.7 miles NW of Flower Mound Field: Newark, East (Barnett Shale) Total Depth: 8292' Lease: Cummings "C" East Operator: Williams Prod. Gulf Coast, LP Location: 225.2029-acre unit, MEP & P RR Co/H. Campbell Survey No. 62, A-1462; 4.7 miles NW of Flower Mound Field: Newark, East (Barnett Shale) Total Depth: 8302'

Lease: DCCO "1" P. G. Sullivan "A" Operator: Devon Energy Production Co. LP Location: 2667.66-acre unit, S. Westbrook Survey, A101; 6 miles SW of Ponder Field: East Newark (Barnett Shale) Total Depth: 9000' Lease: DCCO "1" Ted Morris Operator: Devon Energy Production Co. LP Location: 2667.66-acre unit, M. Cooper Survey, A-217; 3.9 miles SW of Ponder Field: East Newark (Barnett Shale) Total Depth: 9000' Lease: Lorene Grissom

Operator: Devon Energy Production Co., LP Location: 352-acre unit, R. D. Price Survey, A-675; 12.91 miles NW of Decatur Field: East Newark (Barnett Shale) Total Depth: 9000' Lease: Rayzor West Gas Unit No. 5H Operator: Eagleridge Operating LLC Location: 395.3-acre lease, J. Perry Survey, A-1040; Within Denton Field: East Newark (Barnett Shale) Total Depth: 8600' Lease: Rayzor West Gas Unit No. 5H Operator: Eagleridge Operating LLC Location: 395.3-acre lease, J. Perry Survey, A-1040;

Within Denton Field: East Newark (Barnett Shale) Total Depth: 8600' Lease: Rayzor West Gas Unit No. 5H Operator: Eagleridge Operating LLC Location: 395.3-acre lease, J. Perry Survey, A-1040; Within Denton Field: East Newark (Barnett Shale) Total Depth: 8600'

www.dentonrc.com www.dentonrc.com www.dentonrc.com

Lease: DCCO "2" - P.G. Sullivan Operator: Devon Energy Production Co. LP Location: 3474.2087-acre unit, S. Westbrook Survey, A1337; 5.17 miles SW of Ponder Field: Newark, East (Barnett Shale) Total Depth: 7943' Lease: DCCO "1" Shirley M. Hosek Operator: Devon Energy Production Co. LP Location: 2667.66-acre unit, A. Brooks Survey, A-101; 3.9 miles SW of Ponder Field: East Newark (Barnett Shale) Total Depth: 9000'

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

NAME — DBA/ADDRESS

Ada W. Fort and Joel A. Fragoso, The New Garibaldi, 1813 N. Elm St., Denton Adam Callman, Prestige Motorsports, 1212 Pin Oak Drive, Denton Adrian Subias, AMJ Lawn Services, 113 Laguna Drive, Denton Amy Griffin and Deanie Willis, The Plaid Pineapple, 418 Magnolia, Denton Angela Griffin, Lone Star Muffins, 4937 Stuart Road, No. 71, Denton Angela Paben, Guardian Pet Hospital PLLC, 1607 E. McKinney St., Suite 700, Denton Annie Palmer, Annie Girl, 108 E. Oak St., Suite 101, Denton Arvind Singh, The Diaglogue Center for Cinema, Stage and Visual Anthropology, 1002 Ave. C, Denton Ashley Diemart and Robert D. Ware, 625 Park Lane Enterprise, 532 S. Trinity Road, Denton Atinae U. Lealiiee, Get It Right VBall, 207 Coronado Drive, No. 102, Denton Austin Reding, Reding Window Cleaning Service, 2404 Stonegate Circle, Denton Billie R. Day, Day's Hardware, 618 W. University Drive, Denton Branden W. Barnett, Miniature Bull Riding MBR, 3400 Joyce Lane, No. 106, Denton Brent and Madelyn Adams, M.B.A. Contracting Services, 3312 Bentgate Court, Denton Bret Thomas, The Modern Mystic, 3210 Fallmeadow St., No. 101A, Denton Brian Mauldin and Aaron Shepherd, Tech Investigators, 608 Marsh Rail Drive, Denton Butler Doors Inc., DWR Services, 627 S. Mayhill Road, Suite 117, Denton Camelia P. Lincoln, Lincoln's Mini Mall, 4000 W. University Drive, Denton Cheer Monkey, Bling Everything, 7101 Raintree Way, Denton Christina Hall, Well B4 Thee, 2708 Stockton St., Denton Claire Amano, Serendipity on the Square, 108 W. Oak St., No. 102, Denton Clint and Caitlin Crawford, Austin Street Apothecary, 1400 N. Austin St., Apt. 1, Denton Cory Kiefer, Kiefer Enterprise, 1824 S. Bonnie Brae St., Denton Daniel S. Odle, North Texas Lake Charters, 7205 Riverchase Trail, Denton Danny Johannsen, AAA Roofing, 304 East Sycamore St., Denton Debra A. Johnson and Charles Stafford, Debbie Johnson Stafford, 2434 Lillian Miller Parkway, Denton Debra A. Johnson and Charles Stafford, Debra A. Johnson, 2434 Lillian Miller Parkway, Denton Debra A. Johnson and Charles Stafford, Ryan Road Management LLC, 2434 Lillian Miller Parkway, Denton

Debra A. Johnson and Charles Stafford, Ryan Road Partners LTD, 2434 Lillian Miller Parkway, Denton Debra A. Johnson and Charles Stafford, The Stafford Team, 2434 Lillian Miller Parkway, Denton Dominic Falcinelli, Spirit Sports Photograph, 811 Hillcrest St., Denton Don and Yvonne Kendricks, Kendricks BBQ and More, 3232 Bent Creek Drive, Denton Don E. Kendricks Sr., Kendricks BBQ and More, 3232 Bent Creek Drive, Denton Douglas Reamsbottom, Teetortop Technology, 8105 Settlement Drive, Denton Dwight Binion, Dwight Binion Construction, 905 Siera Drive, Denton Elizabeth Vaughan, Ark of Glory, 10017 Grandview Drive, Denton Emilana S. Pineda,Doustinn Serice Body Work's, 710 S. Locust St., Denton Emily Brown, Syrinx Studios, 7617 Shoal Bend, Denton Gabriel Kirckpatrick, MK Partners, 2620 Coffey Drive, Denton Gary L. and Cynthia J. Thomas, TS Cottage Books and More, 1324 Pickwick Lane, Denton Glen Todd Hanberg, Hanberg Mobile RV Repair, 1960 Lakeview Lane, Denton Grant M. and Michael S. McGuire, The Treehouse Bar and Grill, 1512 Hickory St., Denton Ivanessa P. Martinez, Inspired By Love Photography, 2612 Hereford Road, Denton James Richards, JLR Trucking, 1416 Morin Drive, Denton Jason Dorsey, Red Rooster Enterprises, 111 Heritage Lane, Denton Jason Ryburn, Stem and Stem Properties, 3919 Teal Drive, Denton Jaymee Haefner, The Professional Harpist, 2216 Acorn Bend, Denton Jerry and Sophia Holmes, Jeso LLC, 707 N. Carroll Blvd., Denton Jesus Gonzalez, Iglesia Bautista Eben-Ezer, 5724 Teasley Lane, Denton John Juarez, Group Five Granite & Stone, 2301 N. Masch Branch Road, Suite 229, Denton John Juarez, Juarez Group Five Inc., 2301 N. Masch Branch Road, Suite 229, Denton Jose R. Gonzalez, La Indita Meat Market, 404 W. Sherman Drive, Denton Joseph M. Forman, Local Circuit, 308 Dallas Drive, Denton Josh White, Josh White property Management Services, 1811 Bolivar St., Denton Judith L. Knapp, Freedom Driving Safety Course, 215 N. Carroll Blvd., Denton

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