December Denton Business Chronicle 2014

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Monthly News Recap Businesses on the move

What’s opened, what’s closed, etc. A new boutique has opened at 721 S. Elm St. Texas Turquoise Boutique has women’s clothing, accessories, candles and home gifts. After a year and a half in business, Smiling Moose Deli on West Hickory Street closed in early November. BMW Motorcycles has joined Cycle Center of Denton in an addition that sells the motorcycles and offers service and parts. A new cafe and coffeehouse is open on the Square: West Oak Coffee Bar. The spot offers specialty coffee, chocolate milk and kombucha tea on tap, and breakfast, lunch and dessert. Denton Modern Dentistry opened its doors at 1300 S. Loop 288. Torrid is days away from opening inside of Golden Triangle Mall, offering trend-focused plus-size clothing, accessories and shoes. Inside of Square205, TechMill has opened a new co-working space, for freelancers and entrepreneurs to rent office space. There were several recent announcements for eateries that will open in 2015: Muddy Jake’s Sports Grill & Pub, Barley & Board and Salata. Top DRC stories on Facebook

Project still in the works Plans for the Rayzor Ranch Town Center are still underway, albeit behind the project’s most recent timeline. RED Development, the company behind the project, successfully developed Rayzor Ranch Marketplace, a sister project across the street that began opening stores in 2010. The perpetually postponed Town Center is on the “brink of breaking ground,” said Scott Wagner, vice president of development with RED. However, that likely won’t happen until early 2015 and will postpone the scheduled summer opening of the Cinemark Movie Bistro planned to anchor the mixed-use development. Developers hope to begin working on the basic infrastruc-

ture for the project, like water lines and roads, in early 2015.

Doomed I-35E building got final purpose Texas Land & Cattle in Hickory Creek had one last job to do before the steakhouse was demolished to give way for the expansion of Interstate 35E. The Lake Cities Fire Department took it over as a training space to give firefighters lifelike scenarios, and fire officials are hoping to get a few more training sites as other buildings are set to be razed in the coming years. Firefighters from Lewisville, Little Elm and Highland Village got the chance to share the building and its 6,000 to 7,000 square feet for three nights of training exercises before it was demolished recently, Deputy Fire Chief Chad Thiessen said.

Some signs don’t comply A majority of the towing signs in Denton do not meet tow signage requirements updated by the Texas Department of Licensing and Regulations to take effect Sept. 1, 2013, according to Pat Johnson of the watchdog group Texas Towing Compliance. Upon further investigation by the Denton Record-Chronicle, many of the signs around the city don’t comply with the new requirements. The new regulations require signage to state “Towing Enforced” in bold, white 2-inch lettering with a red background, information related to who is authorized to park in red 1-inch lettering on a white background, that “unauthorized vehicles will be towed at owner or operator’s expense” and the days and times of towing enforcement. At the bottom of the sign, a phone number that is answered 24 hours a day must be listed in white lettering on a red background. Standford said the TDLR doesn’t have the resources to check each sign individually in cities across Texas, so it’s up to the towing company to check the state agency’s website for updates about changes to the law. Several of the towing companies in Denton that patrol parking lots claim they didn’t realize

the signage requirements were updated, despite notifications posted by the TDLR.

Local barber gives back to community A downtown Denton barbershop opened its doors to offer warm food and clothes along with free haircuts to the city’s homeless on Thanksgiving. The event was a partnership between AP’s Barbershop and Cross Church Denton, said Vincent L. Silmon, lead pastor. Silmon and volunteers gathered up plenty of hot coffee from Jupiter House, warm trays of Tex-Mex favorites from La Milpa Mexican Restaurant, and bakery treats to share. By 10 a.m., about 20 people had been served — not only with haircuts, trims and shaves but also with warm food and clothes.

SpiritHorse Therapeutic Center continues fight The Corinth Planning and Zoning Commission voted to recommend that the City Council re-evaluate the east-west collector road threatening SpiritHorse Therapeutic Center’s property. A city plan for a new roadway and developer plans for a new residential development, Terrace Oaks, would destroy the thera-

peutic arenas and the quiet trails used during the therapy process. A notice sent by the city claimed Corinth needs 20 percent of Charles Fletcher’s ranch for a proposed widening of Post Oak Road and an east-west thoroughfare because of Terrace Oaks, a 60-acre development that would nearly surround SpiritHorse. Fred Gibbs, director of planning and development for Corinth, said the commission could not recommend eliminating the road because it could only act upon the request of the developer, who was simply seeking a zoning change for Area B of his plan, turning it into a low-density development.

Judge sides with homeowners A district judge has agreed that a Denton developer should surrender control of a neighborhood association, a key win for a group of homeowners battling for self-determination. Two years ago, homeowners in Thistle Hill, an upscale neighborhood on Denton’s south side, sued the developer, Ryan Road Partners and Debra JohnsonStafford. They had been questioning the use of the annual homeowner dues they had paid to the developer’s management company, Ryan Road Manage-

ment, since 2000. In October, Denton District Judge Jonathan Bailey ordered Johnson-Stafford and her companies, Ryan Road Management and Ryan Road Partners, to turn over control of the small subdivision to the homeowners, saying the current structure violated state law.

Corinth police arrest health care worker Corinth police arrested a 39-year-old man after officers discovered he allegedly had been neglectful to three people he was hired to care for, according to a news release. Police said in the news release issued Nov. 20 that Dorian Mallory was under contract with Pat’s Place, a home health care provider, and was being compensated to provide care to the three residents in the 3700 block of Parkwood Drive. Earlier that week, police said, officers were dispatched to a disturbance at the residence and during the investigation discovered that the home also housed three mentally and physically disabled people. Officers discovered deplorable living conditions and later learned Mallory had “neglected, restrained and abused the residents,” police said in the news release.


Contents |

December 2014

Calendar of Events APIs & IPAs, a new group organized by TechMill, will meet for a tech hangout every other Tuesday at Eastside Denton, 117 E. Oak St.

Denton Planning and Zoning Commission meets in the council chambers at City Hall, 215 E. McKinney St.

Altrusa International Inc. of Denton meets for its monthly dinner and program at Cartwright’s Ranch House, 111 N. Elm St. Cost is $12 per person. Call 940-387-5031 for reservations.

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

Tuesday, Jan. 6, 6:30 p.m.

Tuesday, Jan. 13, 6:30 p.m.

Argyle Chamber of Commerce meets for its monthly breakfast meeting at Denton Country Club, 1213 Country Club Road. Tuesday, Jan. 20, 7:30 a.m.

Association of Business Contingency Planners, North Texas Chapter has its monthly meeting at the Boy Scouts of America headquarters, 1325 W. Walnut Hill Lane in Irving. For more information, visit http:// northtx.acp-international.com/ index.php/events. Tuesday, Jan. 6, noon

Features

Index

4 | Prosperous future Prosper becoming site of latest growth spurt on U.S. Highway 380.

Jonathon Fite | 6 Other Enterprising Voices | 11, 15 Mixers | 8, 9, 19 Monthly News Recap | 2 Vital Statistics | 17-23

7 | Tight supply Home prices in area are up 12 percent from last year.

On the cover: Shoppers got some practice for Black Friday when Academy Sports and Outdoors held its grand opening in late October. Photo by David Minton

Aubrey 380 Area Chamber of Commerce meets at the Prairie House restaurant, 10001 E. U.S. Highway 380 in Cross Roads. Cost is $12 per person, and reservations are required. Call 940365-9781 or email chamber@ aubreycoc.org. Wednesday, Jan. 21, 11:30 a.m.

Denton Chamber of Commerce holds monthly business networking lunches at the Hilton Garden Inn Denton, 3110 Colorado Blvd. Friday, Jan. 9, 11:45 a.m.

Denton Black Chamber of Commerce meets at the Denton Housing Authority, 1225 Wilson St. Tuesday, Jan. 13, 6 p.m.

Denton Hispanic Chamber of Commerce meets at Quality Inn & Suites, 1500 Dallas Drive. Friday, Jan. 9, 7:30 a.m.

Who to contact Scott K. Parks Managing Editor 940-566-6879 | sparks@dentonrc.com Jenna Duncan Business Editor 940-566-6889 | jduncan@dentonrc.com Sandra Hammond Advertising Director 940-566-6820 | shammond@dentonrc.com Shawn Reneau Advertising 940-566-6843 | sreneau@dentonrc.com

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Denton League of United Latin American Citizens No. 4366 meets at the Denton Senior Center, 509 N. Bell Ave. Saturday, Jan. 17, 9:30 a.m.

Wednesday, Jan. 14, 6:30 p.m. Wednesday, Jan. 28, 6:30 p.m.

Saturday, Jan. 10, 8 a.m.

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

Home Builders Association of Greater Dallas, Greater Denton Division has its monthly meeting and luncheon at Lantana Golf Club, 800 Golf Club Drive. Cost is $18 for associates and builders with reservations and $20 for walk-ins. Call 940-3830853. Tuesday, Dec. 30, 11:30 a.m.

In the Mix with Women in Commerce meets at Queenie’s Steakhouse, 115 E. Hickory St. RSVP at www.denton-chamber.org. Wednesday, Jan. 14, 4:30 p.m.

International Institute of Business Analysis, Dallas Chapter meets at BravoTech, 4835 Interstate 635, Suite 1000 in Dallas. For speaker and topic information, visit http://dallas. iiba.org/index.php/home.

Little D Open Coffee Club meets every other week for a moderated chat about the latest in technology, startups, digital lifestyle and business at Banter Bistro, 219 W. Oak St. Tuesday, Jan. 13, 8 a.m.

NAACP, Denton County Chapter meets at the Denton Housing Authority, 1225 Wilson St. Thursday, Jan. 8, 7 p.m.

Numbers You Can Use: Exploring Demographics and Data to Grow Your Business will be a presentation from Robbie Sittel, government information librarian at the University of North Texas. The program is at Denton’s North Branch Library, 3020 N. Locust St. Tuesday, Jan. 13, 4 p.m.

Oakmont Women’s Club meets in the St. Andrews Room at Oakmont Country Club in Corinth. Annual membership is $25. For more information, call 940321-5599 or visit http://oakmont womensclub.org. Tuesday, Jan. 13, 10 a.m.

Sanger Chamber of Commerce will hold its Christmas mixer at the chamber building, 300 Bolivar St. For more information, call 940-458-7702. Friday, Dec. 19, 5 p.m.

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

Thursday, Jan. 15, 9 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, Jan. 15, 9 a.m.

Lake Cities Netweavers business networking group meets at Sidewalk Bistro, 2900 Wind River Lane. For more information, email info@lcnetweavers. com. Thursday, Jan. 8, 8 a.m. Thursday, Jan. 15, 8 a.m.

December 2014 | Vol. 10, No. 10 Publisher: Bill Patterson The contents of this free publication are copyrighted by Denton Publishing Company, 2014, a subsidiary of A.H. Belo Corp. (www.ahbelo.com, NYSE symbol: AHC), with all rights reserved. Reproduction or use, without permission, of editorial or graphic content in any manner is prohibited. Denton Business Chronicle is published monthly by Denton Publishing Company, 314 E. Hickory St., Denton, TX 76201. E-mail: drc@dentonrc.com

Denton Business Chronicle

December 2014


4 Denton Business Chronicle

December 2014

Business Spotlight

Prosper set for boom along U.S. 380 By Steve Brown | The Dallas Morning News

The train doesn’t stop in Prosper anymore. The depot where passengers and freight once arrived is long gone. But the town east of Denton that got its start as a railway whistlestop is on the verge of a building boom that will forever change the once rural community. Homebuilders are plowing up thousands of acres of former farmland to create housing to serve growing employment centers to the south in Frisco and west Plano. And on the south edge of Prosper along U.S. Highway 380, surveyors are laying out sites for new shopping centers, office buildings and medical complexes. “It’s been a whirlwind summer,” said Robert Winningham, who heads the Prosper Economic Development Corp. “We have 15,000 residents and are getting ready to double to 30,000. “We will hit close to 500 new homes this year,” Winningham said. With Frisco’s neighborhoods quickly filling up with new homeowners, Prosper is next in line to benefit from North Texas’ need for more housing. It’s already the second-fastest-growing community in the Dallas-Fort Worth area, according to recent census reports. The town couldn’t be in a better location, straddling Preston Road and the route of the Dallas North Tollway. Prosper stretches about 9 miles east to west and 3 miles north from U.S. 380 to the Celina city limits. “We’re like a big net catching everything that comes up from Frisco,” said Winningham, who came to Prosper about two years ago after a stint as Allen’s top economic officer. “As Frisco fills up along the tollway, that leaves us next.” Two major residential projects in the works in Prosper will eventually add more than 15,000 residents.

The 2,000-acre Windsong Ranch community on the west side of Prosper opened this summer and has seen sales of dozens of new houses. The development by Terra Verde Group eventually will have about 3,000 homes. STAR TRAIL Work will start next year on the 979-acre Villages of Star Trail, an 1,850-home community that Dallas Cowboys owner Jerry Jones plans to build along the tollway route in Prosper. “I plan on starting construction in the first quarter of next year,” said Joe Hickman, who heads Jones’ Blue Star Land Co. The first phase of the Star Trail community will include about 300 homesites, Hickman said. “The growth is headed north — that’s the way it has always gone in the past,” said housing analyst Ted Wilson of Residential Strategies. “There are really not that many large developable residential sites left in Frisco, and the prices are very expensive. “Prosper is the next rung on the ladder.” Residential Strategies reports that through the first three quarters of 2014 builders started more than 400 houses in Prosper. “We will see several new communities soon along the tollway route in Prosper,” Wilson said. “We expect a huge amount of growth up there, and the homebuilders are lining up.” New houses in Prosper don’t come cheap. Wilson said most of the homesites in the town cost $100,000 or more. “The average new home value is in excess of $400,000,” Winningham said. “We have held to pretty high standards here. “We see ourselves like Southlake, if there is any comparison,” he said. REGARDS TO BROADWAY Drive down Prosper’s historic business district along Broadway Street for a look at where the town started in the early 20th

Photo by Steve Brown/DMN

Pickup trucks still dominate the lunchtime scene in downtown Prosper. The old business district is being surrounded by thousands of posh new homes, shopping centers and planned office buildings. century. Pickup trucks still outnumber cars parked for lunch outside the Cotton Gin Cafe. At the end of the street, a cluster of grain storage bins marks the railroad right of way that put Prosper on the map. Town leaders are planning to use some of the revenue from new developments to save the old business district. “We want to preserve our heritage amidst all this phenomenal growth,” Winningham said. “Some of the money that will be generated in the new retail corridor will be pumped back into downtown.” New shops and restaurants are lining up along Preston, which was just widened to six lanes. There’s a neighborhood shopping center coming with Prosper’s first supermarket, a

Kroger planned at Preston and Prosper Trail. But the real retail and commercial development is gearing up down on U.S. 380. GATES OF PROSPER Developer Lincoln Property Co. and Blue Star Land plan to break ground next year at the northeast corner of Preston and U.S. 380 on a more than 300,000-square-foot shopping center. It’s part of Blue Star’s 500acre Gates of Prosper development. Winningham said that potential retailers mentioned for the project include Wal-Mart and restaurants by Chili’s and Texas Roadhouse. “We needed more rooftops to attract that retail,” he said. Near the northwest corner of the tollway and U.S. 380, Texas

Health Resources just bought more than 10 acres for an outpatient medical center. Developer Matthews Paradise is planning to build a speculative office project next door as the first phase of a more than 100-acre mixed-use project. Prominent attorney Don Godwin owns the 270 acres right across the street in Prosper. He’s holding on to the property for now but could sell in the future. “I started buying land up there in 1979, long before most people in Dallas even knew where Prosper was,” Godwin said. “The growth up there reminds me of what happened at State Highway 121 and the tollway, but it’s coming more quickly. “Prosper is on fire with growth,” he said. “It’s moving forward more quickly than any of us expected.”


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Enterprising Voices

The know-something investor “By periodically investing in an index fund, the know-nothing investor can actually outperform most investment professionals. On the other hand, if you are a know-something investor, conventional diversification makes no sense for you.” — Warren Buffett

J

ohn Bogle celebrated the 40th anniversary of Vanguard this year, just in time for another round of the passiveversus-active-fund debate. Of late, Bogle is winning. This month, we dive into this debate and hopefully share some perspectives that are too often ignored. Passive investing often means dollar cost averaging into a low-cost index fund that mimics the composition of a major stock market index, like the Standard & Poor’s 500. Since the fund is constructed to look exactly like the index, there is no expectation the investor will “beat” the market. Instead, the investor hopes to mirror the market’s performance while paying as little as possible to do it. On the other side of the debate is the vast majority of the financial services industry — “active” fund management. While active managers often hold the same 500 companies in their fund as the low-cost S&P 500 index fund, they may allocate more of their fund to specific names or sectors based on their view of the market. The manager constructs their portfolio to beat their benchmark through their allocation strategy. Unfortunately, most managers fail to beat their benchmarks even before fees are deducted. Once you consider their active management fees, the comparisons get downright ugly, and the chorus of those pointing this out is growing. There are some great resources heralding the low-cost banner, like Russ Coleman’s blog, wwwInvestmentCostsMatter.com, and a host of content from Vanguard’s marketing team. Most recently, Charles Ellis’

Jonathon FITE | treatise “The Rise and Fall of Peformance Investing” rehashes why low-cost indexing should be the preferred approach. The arguments boil down to the following points: ■ The market is not perfectly efficient but is efficient enough — especially with smarter people entering the industry each year employing cutting-edge technology — to eliminate any price-tovalue arbitrage opportunities. ■ Any managers who do outperform the market are just lucky and your chances of finding them are extremely low. ■ Therefore, do not try to beat the market and suffer the high costs of those who try. Simply invest in a low-cost index fund. While Ellis raises some interesting points (especially the indictment of many active managers), the fundamental tenet of his argument is flawed. Ellis spills a lot of ink outlining how the progression of technology has made all investors equal in their search for price discovery. We agree the likes of high-frequency trading and instant Bloomberg data feeds enable amazing fastorder execution, but they do far too little for the weighing of a company’s market price against its intrinsic value. Did today’s technology prevent the price-to-value dislocations of the Flash Crash from materializing? Was Procter & Gamble really just worth a penny during the throes of that market selloff? The answer to both questions is no, but those who were willing to understand the difference between price and value made handsome investments during the brief panic. Let’s turn to a more recent

example, one that did not play out in 11 minutes of a flash crash. Over the last two years, this “mostly efficient” market priced Apple as a business worth $600 billion, then cut it in half to $300 billion and recently repriced it to $700 billion. These price changes happened in plain view, with analysts from around the world equipped with the latest data. Yet nothing fundamentally different happened at the company. It is doing today what it was doing then — making products in a great ecosystem for an enthusiastically loyal subscriber base. And yet the price of the business was cut in half only to double again.

In

it tegr

Efficient indeed. The investment firm Tweedy, Browne Co. published an analysis of “What has Worked in Investing,” originally in 1992 but updated recently in 2009. The findings, reluctantly validated by many in the efficient-market camp, show the value investing lessons of Graham and Dodds still hold true: Companies selling at low prices in relation to net current assets, book value and/or earnings often have many of the other characteristics associated with excess return. When these factors are combined with significant stock price declines, relatively small market capitalizations and evidence that corporate

officers, directors, other insiders or the company itself have been buying the company’s stock, an investor is likely looking at an undervalued stock. And though these data are available for everyone to see, the value opportunity still presents itself. There are plenty of examples of how markets are nowhere near “efficient enough.” Ellis is clearly wrong here. Over the years, Warren Buffett has gone to great lengths debunking this efficient-market dogma. But in his famous article “The SuperInvestors of Graham-andDoddsville,” published in the Columbia Business School’s Hermes magazine, he also tackles the “it must just be luck” argument head on. He reviews the portfolio returns of nine managers over FITE | CONTINUED ON PAGE 16

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Business Spotlight

Denton Business Chronicle

Homes in demand, prices jump By Steve Brown | DMN

With the number of houses for sale in North Texas at the lowest level in more than a decade, prices jumped in November as demand for properties surpassed supply. Median home prices in the area were up 12 percent last month from November 2013, according to the latest report on local home sales. It was the second-largest annual price increase this year. Real estate agents sold 5,994 preowned single-family homes through their multiple-listing service, according to data from the Real Estate Center at Texas A&M University and North Texas Real Estate Information Systems. November’s sales were down 1 percent from the same month last year.

The tight supply of homes on the market is limiting sales, property agents say. So far in 2014, preowned home sales in North Texas are unchanged from a year ago. Median prices are up 7 percent from the first 11 months of last year. Annual home price gains are running more than twice the average rate of increase in this market. “We are going to continue to see aggressive price increases,” said James Gaines, an economist with the Real Estate Center. “You do run the risk of having artificially high prices. “But we aren’t there yet.” A strong local economy is driving a high demand for homes at a time when fewer properties are available for purchase. In November, only 18,461

single-family homes were listed for sale with real estate agents — the fewest number of properties on the market in more than 15 years. Only a 2 1/2-month supply of houses was available in North Texas. A six-month inventory is considered a normal market. Median home prices in North Texas have been at an all-time high this year. “Some of that is a real increase and some of it is because of the shift in sales to the upper end of the market,” Gaines said. First-time and moderateincome homebuyers are having a harder time obtaining financing, which has reduced lower-price home purchases. Dallas-Fort Worth home prices are about 12 percent higher than they were in 2007 before the recession hit.

December 2014

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December 2014

Business Mixers Ribbon-cuttings The Denton Chamber of Commerce celebrated the openings of several businesses with ribbon-cutting ceremonies.

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Business Mixers

Denton Business Chronicle

Ribbon-cuttings

December 2014

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

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December 2014


Enterprising Voices

PARTIES, LEGAL DESCRIPTION AND TERM Most commercial leases will be for a term in excess of one year. As such, the statute of frauds requires that the lease be in writing, signed by the party who is to be bound, contain an identifiable legal description of the property being leased, and contain all material terms between the parties. Absent these requirements being met or an exception, the lease will be unenforceable. The tenancy may be for a fixed term or periodic. For reasons of certainty, most commercial leases are for a fixed term. Periodic tenancies may arise where the lease does not provide for a fixed term but is for a period to period at the will of the parties. A month-tomonth lease is an example of a periodic tenancy. Where a lease

necessary. If the lease will be effective prior to the tenant’s physical possession, it may be advisable to file a memorandum of lease in the county real property records.

Scott ALAGOOD | allows either party to have a right of termination, a periodic tenancy is not created so long as the lease otherwise specifies a definite term. EXECUTION, DELIVERY AND RECORDATION A lease with a term in excess of one year must be signed by the parties to be enforceable. The person signing the lease must have authority to do so. Representatives of a business entity should have a resolution or minutes from the governing authority. A common mistake is made when an individual signs a lease on behalf of a business being conducted under an assumed name or DBA (doing business as). An individual cannot bind a DBA entity because a DBA is no more than an assumed or trade name of that individual and has no separate legal existence. Also, where an individual signs a lease on behalf of a business entity that is not in existence or fails to indicate the capacity or position in which the individual is signing, the individual may become personally liable for the lease obligations. Delivery is an essential element to bind the parties to the lease. No particular act or words are necessary. Typically, delivery will be shown by the parties’ actions in conformity with the lease regardless of whether physical delivery has occurred. Recordation is not a necessary element of an enforceable lease. Recordation is simply a method of providing actual or constructive notice to third parties of the tenant’s leasehold interest. So long as there is physical evidence of the tenant’s occupancy, recordation is un-

Denton Business Chronicle

Denton Chiropractic Center

Commercial lease review, Part 1 T he holidays are a busy time for businesses that may be relocating or moving into leased retail, office or industrial space. These businesses spend extensive time and resources choosing the right broker, location and tenant mix. Finding the right location is not the end of the endeavor. Before occupying the leased space, a commercial lease will have to be negotiated. The terms of the commercial lease will govern the financial relationship between the business and the landlord. The lease will determine the tenant’s occupancy rights. The lease will establish how the parties deal with default and termination. The lease will supply the base upon which the business operates for years to come. It is important that the tenant understand the terms contained within the lease and how the lease will impact its business. Commercial leasing is a complicated process that involves hundreds of business, practical and legal considerations. This column will address just a few of the legal issues typically found in a commercial lease and shed some light on how they may apply to a tenant.

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RENT Rent appears to be self-evident. It is the compensation received by the landlord for allowing the tenant to use and occupy the leased premises. In a commercial lease, the tenant typically has other financial obligations such as paying the taxes, insurance and maintenance costs. The term “rent” does not necessarily include these other financial obligations unless those payments are determined to be part of the rent. PERMITTED AND EXCLUSIVE USE The landlord will control the use of the leased premises. This is particularly important where the leased premises is part of a larger commercial development. The landlord will control the tenant mix through the use restrictions contained in each lease. The landlord also may create restrictive covenants applicable to the entire commercial development. Tenants must ensure that their intended business operations do not violate the lease or covenants. Tenants may want to ensure that other tenants within the development are not allowed to operate similar businesses. This is done through exclusive use provisions. Care should be taken that appropriate remedies are provided for a breach of an exclusive use clause. Otherwise, tenants may find themselves in litigation over their intended and specified use. ■ This topic will be discussed further in January’s Denton Business Chronicle.

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Cover Story

December 2014

Christmas shopping changing

A Black Friday shopper at Academy Sports and Outdoors pushes a loaded cart Nov. 28 in Denton.

By Jenna Duncan | Photography by David Minton

By 8 p.m. on Thanksgiving Day, Golden Triangle Mall was bustling with shoppers. Mall officials and retailers had advertised promotions and sales for the evening, and crowds were heavier than last year, said mall manager Matt Ludemann. On Black Friday the crowds started slow, and Saturday and Sunday weren’t as busy as in previous years. While retailers at the mall showed gains overall for the week and month, Ludemann said it wasn’t directly attributed to the infamous shopping weekend.

“I would say for the weekend here we had a small increase and people were shopping earlier in the week because they didn’t want to go out on Thanksgiving and Black Friday,” he said. “Across the board, we’re seeing sales for the entire month showing an increase.”

The small gains in weekend traffic in Denton were contrary to national trends, according to multiple industry studies. ShopperTrak, a Chicago-based consumer analytics company that tracks data at malls and stores but not websites, said that sales for the four-day weekend slipped

2.1 percent to $21.76 billion. The National Retail Federation also reported the amount of people shopping over the holiday weekend dropped from last year: 55.1 percent of seasonal shoppers were out over the weekend, compared with 58.7 percent in 2013. Retailers and manufacturers need to adjust to the new speed of shopping and a world where consumers can fact-check deals and are overwhelmed by so many options, said David Strutton, a marketing and logistics professor at the University of North Texas.

“The world has gotten so much faster,” Strutton said. “The fact that we have more choices available to us makes it more difficult for us to commit to any particular choice. We’re worried about the choice we make not being the right choice or leaving something else behind. This is the world that marketers and retailers are operating in today.” At the mall, many of those shopping weren’t out hunting for the latest gifts; rather, they were collecting deals for themselves. Kim and Tim Kline had already shopped for several hours by the time Golden Triangle Mall


13 Denton Business Chronicle

December 2014

Black Friday shoppers check out the deals at Academy Sports and Outdoors on Nov. 28 in Denton. opened at 8 p.m. on Thanksgiving. The couple took advantage of staggered store openings on Thursday to find the best deals. Their excursion started when Office Depot opened at 5 p.m. Their daughter stood in line for a sale on laptops and was able to get one for $300. “The line wasn’t too bad,” Kim Kline said. Then, they headed over to the department stores to check out the sales. They found good deals on a coat, tie and a couple of pairs of boots. None of their haul was going under the Christmas tree, however. “We’re just shopping for ourselves right now,” she said. Those out like the Klines were more purposeful in their shopping, said C. Britt Beemer, chairman of consumer research firm America’s Research Group.

Of those who braved the crowds to shop on Thanksgiving and Black Friday, 75 percent wanted only the so-called doorbusters — deeply discounted specials intended to lure in customers. Last year, that figure was 49.9 percent. Stores hope those items, sometimes priced so low the retailer loses money on them, will result in impulse spending once shoppers are in the door. The push for online sales also may be a factor in reducing impulse purchases. However, the Monday after the weekend, deemed Cyber Monday, didn’t perform as well as predicted. While online sales the Monday after Thanksgiving grew by 8.5 percent over 2013, the average order was worth less money, according to research from IBM Digital Analytics. In 2013, the year-to-year jump was 20.6

percent. Shoppers are increasingly using website shopping carts to store items, not immediately buy them. That method serves as a reminder to shop around for betters deals, said Ryan Urban, co-founder of Bounce Exchange, a technology company that works with more than 700 retailers’ websites. All things considered, many shoppers didn’t feel a need to rush into purchasing gifts. Marshal Cohen, the chief industry analyst for NPD Group, another research firm, said there aren’t really hard-to-find items in today’s world. Cohen said that other than a few gadgets or specific toys like the Elsa doll tied to Disney’s Frozen movie, there are no hot items that are hard to find. And SHOPPING | CONTINUED ON PAGE 14

A chalk sign outside The Courthouse Collection encourages shoppers Nov. 29 in Denton.


14 Denton Business Chronicle

December 2014

Cover Story SHOPPING | CONTINUED FROM PAGE 13

shoppers know they can find better deals closer to Christmas. “There’s no urgency to buy,” Cohen said. “So consumers are in the driver’s seat.” The National Retail Federation still projects that sales will rise 4.1 percent for November and December. Those two months account for 20 percent of the industry’s annual sales. But analysts expect a retail slugfest over winning those dollars. “The majority of retailers are getting their sales — they are just moving the promotions around,” Ludemann said. “The first week of December has been a stellar week because we were up against the ice storm last year. ... Everyone got a pretty good jump start to the month, so we’ll see if that continues.” The Associated Press contributed to this report. JENNA DUNCAN can be reached at 940-566-6889 and via Twitter at @JennaF Duncan.

Small Business Saturday shoppers fill The Courthouse Collection on Nov. 29 on the Denton Square.

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15

Enterprising Voices

Austin event promotes Denton County “Denton County Day” group. Call the Sheraton directly at 512-4781111 to make reservations. As in 2013, the six-member Denton County legislative delegation will be invited to partici-

Chuck CARPENTER |

T

he downtown Sheraton Austin Hotel at the Capitol is the headquarters hotel for Denton County Days. Scheduled for Feb. 23 and 24, Denton County Days is designed to acquaint the state’s top elected decision makers and key agency officials with the many assets of the county, and heighten the overall image and visibility of North Texas. A joint project of the chambers of commerce of Denton County, this event has been held in conjunction with every regular session of the Legislature since 1987. Nearly 150 North Texas business leaders and government officials traveled to Austin for the event in 2013. The registration fee is $100 per person and includes admission to a reception for all state legislators, a breakfast meeting with the Denton County legislative delegation, a luncheon and briefings on pertinent issues. Topics and details are pending. Although not officially connected with Denton County Days events, the Denton Chamber of Commerce coordinates a joint positions agenda with the City Council, the Denton school board and area universities. Position statements are personally delivered by chamber teams before and after official Denton County Days activities. Topics are currently being reviewed by the chamber’s State & Federal Relations Committee, led by chairman by Rich Reynolds. Travel arrangements and overnight accommodations are to be made by individual participants. A special room rate is available at the Sheraton through Jan. 15 for those identifying themselves as being with the

pate in a post-session briefing, tentatively scheduled for September and partially sponsored by the University of North Texas president’s office. Denton County has two state

Senate districts, represented by Sens. Jane Nelson and Craig Estes. There are four House districts in the county; delegates include state Reps. Myra Crownover, Tan Parker, Patrick Fallon

and Ron Simmons. CHUCK CARPENTER is the president of the Denton Chamber of Commerce. He can be reached at dcoc@ denton-chamber.org.

Denton Business Chronicle

December 2014


16 Denton Business Chronicle

December 2014

Enterprising Voices FITE | CONTINUED FROM PAGE 6

long periods of time, each holding different stocks but using the same value investing philosophy. While in any given year the manager may have lagged, each outperformed their benchmark over the long run, even after their “active” management fees were deducted. The key to their performance was their willingness to exploit the fact that markets are efficient in the long run but at times very inefficient in the short run. If you can construct a portfolio of businesses that are purchased at a price well below their intrinsic value, you can do quite well. So how can an investor find one of these managers and avoid their high fees? First, ensure that the manager

is employing a value-based strategy, not one based on the latest fad in technology or charting techniques. Second, demand that the manager has a no-asset-fee, pure pay-for-performance philosophy. This is how Buffett managed his partnership, and this inspires our own partnership philosophy. It is how your manager should manage your assets. If they are not good enough to make you money, they should not get paid. Some final words about low-cost index funds: After multiple years of strong market returns, investors are plowing into them. In 2009 you could have done well with an index fund, as almost every company in that fund was undervalued during the throes of the financial crisis. That is no longer the case. Most companies held in the

broader indexes are very fully valued. Many are overvalued, yet investors are piling in. During the 10 months of 2014 through October, investors plowed $165 billion into Vanguard funds. Yes, these funds have low fees, but they comprise holdings that offer few bargains. So if you are going to be a know-nothing investor subscribing to the indexing approach, be aware you are no longer buying into a bargain market. The gains of the next five years are not likely to repeat

those of the last five. Even so, while much of Ellis’ thesis is debunked, there is some common ground. Value investors share the long-term mindset and patience required by the indexer. Both approaches benefit from steady dollar cost averaging over time. And regardless of your strategy, successful investors must avoid flitting in and out of funds, chasing performance. But we must acknowledge the importance of finding bargains. Fewer exist today. The key is to

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

New Trends in Socially Responsible Investing

women and girls and can be an indicator of valuable human capital management. In many cases, companies with progressive policies toward gender equality are well-run and frequently recruit and retain top talent.

derstands what you value most.

Environmental stewardship examines the use of alternative energy, climate change, clean tech and water. Companies focused on sustainable efforts will often subsequently be rewarded with cheaper operational costs. Ultimately, the investor may benefit if a company’s cost saving technology produces a higher profit.

This article is designed to provide general information about ideas and strategies. It is for discussion purposes only since the availability and effectiveness of any strategy is dependent upon your individual facts and circumstances. Always consult with your independent attorney, tax advisor, investment manager, and insurance agent for final recommendations and before changing or implementing any financial, tax, or estate planning strategy.

Merril Lynch Financial Adviser Jeffery D. Price

In past years, socially responsible investing focused mainly on negative screening. Negative screening involves using investors’ environmental, religious and personal values to determine which securities to keep out of their portfolios. Today, a more positive approach to socially responsible investing is steadily growing more popular.

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According to the 2013 U.S. Trust Insights on Wealth and Worth® survey, 71% of investors feel it is more important to invest in companies that will have a positive social or environmental impact than it is to boycott companies that are harmful in these regards. Additionally, a 2012 report from the Forum for Sustainable and Responsible Investment (US SIF) found that values-based investing accounted for $3.74 trillion, or roughly one in every eight dollars under professional management.1 This is an increase of 22 percent compared to the $3.1 trillion noted in SIF’s 2010 report. Investors should consider companies with strong fundamentals when weighing socially responsible investing, as well as corporations that earn revenue through their management of human capital, environmental stewardship, and good corporate governance.2 These three socially responsible categories offer investors an opportunity to combine investments with their personal values.

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It is important for socially responsible investors to understand how a company operates. Corporate governance focuses on disclosure, incentives, reporting and corporate transparency. Investors can determine whether a company believes in full disclosure and how well it communicates with stakeholders by carefully studying the company’s website. The trend of values-based investing is changing the wealth management space and creating a new, more active approach to social investing. There is a growing awareness that strong corporate financial performance and social responsibility are not mutually exclusive; rather, they are mutually beneficial qualities. At Merrill Lynch, we are seeing an increasing demand from both institutional and individual clients for investment opportunities focused on their environmental or social value sets. With a balanced approach, you can make impactful investments. Work with a financial advisor who understands your long-term needs and investment personality but also un-

For more information, contact Merrill Lynch Wealth Management Advisor Jeffery D. Price of the Southlake, Texas office at 817-410-4940 or Jeffery_price@ml.com.

Merrill Lynch Wealth Management makes available products and services offered by Merrill Lynch, Pierce, Fenner & Smith Incorporated, (“MLPF&S”) a registered broker-dealer and member SIPC, and other subsidiaries of Bank of America Corporation (“BAC”). Bank of America Corporation (“BAC”) is a financial holding company that, through its subsidiaries and affiliated companies, provides banking and nonbanking financial services. Investment products: Are Not FDIC Insured Are Not Bank Guaranteed

May Lose Value

Equity securities are subject to stock market fluctuations that occur in response to economic and business developments. U.S. Trust operates through Bank of America, N.A., member FDIC, and other subsidiaries of BAC. © 2013 Bank of America Corporation. All rights reserved.

LQ


17

Vital Statistics MIXED BEVERAGE TAX

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

119 Loophole Private Club, 119 W. Hickory St., Denton, $3,429.39 American Legion Post No. 550, 905 N. Foundation, Pilot Point, $1,145.16 Andy's Private Club, 122 N. Locust St., Suite B, Denton, $5,577.28 Angelina's Mexican Restaurant, 1400 N. Corinth St., Suite 111, Corinth, $796.83 Angelina's Mexican Restaurant, 1400 N. Corinth St., Suite 111, Corinth, $943.09 Applebee's Neighborhood Grill, 707 S. I-35E, Denton, $3,587.85 Applebee's Neighborhood Grill, 2672 FM423, Little Elm, $2,441.14 Aramark Educational Services, 303 Administration St., Denton, $374.06 Ashton Gardens, 2001 Ashton Gardens Lane, Corinth, $2,011.47 B.P.O.E. Denton No. 2446, 228 E. Oak St., Denton, $689.02 Best Western Area Crown Chase, 2450 Brinker Road, Denton, $297.54 BJ's Restaurant & Brewery, 3250 S. I-35E, Denton, $7,391.17 Black-Eyed Pea, 2420 S. I-35E, Denton, $123.88 Bono's Chop House & Saloon, 2025 N. Highway 287, Decatur, $1,841.29 Boomerjack Wings No. 8, 407 W. University Drive, Denton, $1,147.37 Bosses Pizza & Sandwiches, 420 E. McKinney St., Suite 100, Denton, $78.52 Brunswick Zone Denton, 2200 San Jacinto Blvd., Denton, $1,199.36 Buffalo Wild Wings Grill & Bar, 1400 S. Loop 288, Suite 110, Denton, $3,582.95 Cabana Beverages, 1300 N. I-35E, Denton, $133.86 Casa Torres Mexican Restaurant, 2708 FM51, Decatur, $1,200.43 Chili's Grill & Bar, 600 S. Highway 287, Decatur, $2,780.83 Chili's Grill & Bar No. 759, 8394 S. Stemmons Freeway, Hickory Creek, $2,205.37 Chili's Grill& Bar, 2406 N. I-35, Denton, $2,090.19 Chilitos Private Club Inc., 619-623 S. Denton Drive, Lake Dallas, $364.34 Chipotle Mexican Grill, 1224 W. Hickory St., Denton, $62.71 Chuy's Denton, 3300 Wind River Lane, Denton, $4,564.77 Cool Beans, 1210 W. Hickory St., Denton, $4,149.31 Courtyard By Marriott, 2800 Colorado Blvd., Denton, $264.38 Crossroads Bar, 1803 N. Elm St., Denton, $646.88 Crossroads Bar, 1803 N. Elm St., Denton, $690.83 Dan's Silverleaf, 103 Industrial St., Denton, $2,548.68 Denton Country Club, 1213 Country Club Road, Argyle, $3,204.74 Denton Side Bar, 109 Ave. A, Denton, $1,406.06 East Side Social Club, 117 E. Oak St., Denton, $12,598.41 El Fenix Denton Texas, 2229 S. I-35E, Denton, $708.52 El Guapo's, 419 S. Elm St., Denton, $776.79 Ernesto's Mexican Restaurant, 10279 FM455E, Suite 1, Pilot Point, $1,491.88 Frilly's, 1803 S. Highway 287, Decatur, $1,806.11 Fry Street Public House, 125 Ave. A, Denton, $5,013.54 Fry Street Tavern Club, 121 Ave. A, Denton, $5,807.76 Fuzzy's Taco Shop, 109 N. State St., Decatur, $1,077.22 Fuzzy's Taco Shop, 2412 S. I-35 E, Denton, $1,355.41 Fuzzy's Taco Shop, 1044 Maple St., Suite 101, Sanger, $291.38

Fuzzys Taco Shop, 421 Highway 377 S., Argyle, $844.53 Genghis Grill The Mongolian, 2416 Lillian Miller Parkway, Denton, $124.21 Good Eats No. 729, 5812 N. I-35, Denton, $0 Good Eats No. 729, 5812 N. I-35, Denton, $0 Hannahs, 111 W. Mulberry St., Denton, $3,963.65 Hickory & Fry, 1206 W. Hickory St., Denton, $2,999.99 Hickory & Fry, 1206 W. Hickory St., Denton, $0 Hickory Street Lounge, 212 E. Hickory St., Denton, $2,278.20 Hilton Garden Inn Denton, 3110 Colorado Blvd., Denton, $740.61 HNC Lions Den Private Club Inc., 2700 E. Eldorado Parkway, Suite 250, Little Elm, $601.39 Holiday Inn Denton, 1434 Centre Place Drive, Denton, $534.59 Hooligans Private Club, 104 N. Locust St., Denton, $4,864.33 Hooters of Denton, 985 S. I-35E, Denton, $3,631.60 Horny Toad Cafe & Bar, 5812 N. I-35, Denton, $751.60 II Charlies Private Club, 809 Sunset St., Denton, $4,626.68 J. R. Pockets Club, 1127 Fort Worth Drive, Denton, $2,621.24 Jackie's, 201 Main St., Lake Dallas, $2,273.31 Jag Private Club Inc., 119 S. Elm St., Denton, $4,057.78 Johnny Carino's Italian, 1516 Centre Place Drive, Denton, $1,068.58 Keiichi LLC, 500 N. Elm St., Denton, $399.38 Kobe Sushi & Steak LLC, 2832 E. Eldorado Parkway, Suite 208, Little Elm, $183.91 La Casa Velez, 2831 W. Eldorado Parkway, Suite 112, Little Elm, $594.22 La Casa Velez, 2831 W. Eldorado Parkway, Suite 112, Little Elm, $682.06 La Milpa Mexican Restaurant, I820 S. I-35E, Unit 1, Denton, $1,254.10 Lake Cities Post No. 88, The A, 105 Gotcher Ave., Lake Dallas, $1,214.04 Lake Dallas Point Restaurant, 303 Swisher Road, No. 100, Lake Dallas, $1,896.97 Lake Ray Roberts Area Elks Lodge, 1601 Marina Circle, Sanger, $300.36 Lantana Golf Club, 800 Golf Club Drive, Argyle, $1,952.31 Last Drop Taverns, 508 S. Elm St., Suite 101, Denton, $0 Lone Star Attitude Burger Co., 113 W. Hickory St., Denton, $5,263.05 Los Charros, 2763 E. Eldorado Parkway, Suite 105, Little Elm, $444.74 Los Jalapenos Restaurant, 420 E. Eldorado Parkway, Little Elm, $193.49 Los Toreros Restaurant, 2900 Wind River Lane, Suite 134, Denton, $575.86 Lowbrows Beer and Wine Garden, 200 W. Washington St., Pilot Point, $322.53 Lucky Lous, 1207 W. Hickory St., Denton, $10,892.12 Mable Peabody's Beauty Parlor, 1125 E. University Drive, Suite 107, Denton, $1,406.19 Mellow Mushroom, 217 E. Hickory St., Denton, $1,901.05 Meritt Ranch Beverages Limited, 2946 Ganzar Road W., Denton, $569.16 Metzlers Food and Beverage Inc., 1251 S. Bonnie Brae St., Denton, $347.39 Mi Sueno Club, 2648 FM407E, Suite 150, Bartonville, $1,371.62 Mi Taza Latin Tex-Mex Café, 5017 Teasley Lane, Suite 101, Denton, $490.70

KS

Miguelito's, 1521 E. McCart St., Krum, $691.57 Miguelitos, 1412 N. Stemmons St., No. 178, Sanger, $1,048.48 Movie Tavern, 916 W. University Drive, Denton, $2,810.98 Mulberry Street Cantina Club, 110 W. Mulberry St., Denton, $3,096.00 Norman Heitz Memorial Post 104, 501 Thompson, Lake Dallas, $634.95 Oak Street Drafthouse Club, 308 E. Oak St., Denton, $7,304.07 Oakmont Country Club, 1200 Clubhouse Drive, Corinth, $1,902.93 Ollimac Company, 1400 Corinth Bend, Suite 103, Corinth, $541.69 On The Border, 2829 S. I-35E, Denton, $2,560.80

Outback Steakhouse, 300 S. I-35E, Denton, $1,890.13 Pedro's Tex Mex & Grill, 209 S. Washington St., Pilot Point, $526.48 Pei Wei Fresh Kitchen, 1931 S. Loop 288, Suite 130, Denton, $68.34 Phil Miller Post No. 2205 VFW, 909 Sunset St., Denton, $1,255.51 Phil Miller Post No. 2205 VFW, 909 Sunset St., Denton, $1,111.93 Pilot Point Columbus Club, 221 N. Prairie St., Pilot Point, $6.63 Pizza Hut, 730 S. Highway 377, Pilot Point, $22.11 Pollo Tropical Beverages LLC, 2220 S. Loop 288, Denton, $0 Pourhouse Sports Grill, 3350 Unicorn Lake Blvd., Denton, $1,960.55

Prairie House Restaurant, 10001 Highway 380, Cross Roads, $1,291.89 Queenie's Steakhouse, 113 E. Hickory St., Denton, $1,492.69 Red Lobster No. 6349, 2801 S. I-35E, Denton, $1,088.68 Ringers, 807 Eagle Drive, Denton, $818.20 Ringers, 807 Eagle Drive, Denton, $855.85 Riprock's, 1211 W. Hickory St., Denton, $6,050.63 Rock 101 Grill, Little Elm, 2833 Eldorado Parkway, Suite 301, Little Elm, $5,332.86 Rockin' Rodeo, 1009 Ave. C, Denton, $4,155.27 Rocky's Sports Bar, 2000 W. University Drive, Denton, $2,491.12

BEVERAGE | CONTINUED ON PAGE 19

Denton Business Chronicle

December 2014


18 Denton Business Chronicle

December 2014

Vital Statistics ASSUMED NAMES

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

NAME — DBA/ADDRESS

NAME — DBA/ADDRESS

A. Marie Nelson, WCN, 317 S. Elm St., Denton Adam Hussein, ACH Construction, 1509 Centre Place, No. 132, Denton Amit Patel, Last call Recovery, 4125 N. I-35, Denton Beau Herrer, Lawn Care Plano, 500 Inman St., 51B, Denton Cameron Hurley, Texas Property Solutions, 2937 Wicker Way, Denton Casey Bennett, Casey Reed Massage Therapy, 725 N. Elm St. No. 12, Denton Caytlin Foster, Kates Denton Automotive, 611 E. McKinney St., Denton Charity Finch, Denton Neurotherapy, 2108 Crestwood Place, Denton Christner Group Inc., Christner Homes, 4573 Coyote Point, Denton Christopher de la Torre, Tower Association Crue, 305 Casie Court, Denton Dalton Aiken, Dalton Aiken Photography, 701 Fort Worth Drive, Apt. 1038A Daniel Amotsuka, FluidBox, 1201 Ave. A, No. 22, Denton Delia Kelly, Best Buy Travel, 1300 Dallas Drive, Apt. 814, Denton Derek McSpadden, SteelPro Solutions, 3570 Shelby Lane, Denton Eddie Langaroodi, East University Center, 2926 E. University Drive, Denton Edward Jarrett, The Gutter Factory, 2208 Belmont Park Drive, Denton Elizabeth Baalman and Ale Featherstone, Freaks and Geeks, 323 Hettie St., Denton Elizabeth Speiser, Denton Olive and Company, 3413 Chon Drive, Denton Eugene F. Gee III, Gene Gee Group, 418 Hollyhill Lane, Denton Gary A. Cook Jr., 7-Eleven Convenience Store No. 36059A, 2225 W. University Drive, Denton Grant Horton, Horton’s Vending, 2920 Oakshire St., Denton J. Thomas Custom Homes Inc., DentonbyExample.net, 620 N. Carroll Blvd., Suite 101, Denton James T. Duryea and E. Kay Anderson, Texas A-1 Duryea, 222 S. Mayhill Road

Jason Rochester and Carrek Coleman, Dieselbeast, 1304 Cordell St. No. 4, Denton Jeffrey W. Larson, DustKateers, 5001 Par Drive, Apt. 3816, Denton Jonathan McIllwain, Overstock Furniture and Mattress, 1800 S. Loop 288, Suite 370, Denton Jordan Alvarado, Comanche Transportation, 1107 Neff St., No. 2, Denton Josue Marroguin, J&K Drafting and Remodeling Services, 2218 Vanderbuilt Court,Denton Kenneth W. Brown, Brown & Sons Plumbing and Air Conditioning, 2436 S. I-35E, No. 245, Denton Leslie Tomblin, Estate Sale Buyouts, 605 Ridgecrest Circle, Denton Leslie Tomblin, Healthy Essentials, 605 Ridgecrest Circle, Denton Leslie Tomblin, Natural Elements Design Studio, 605 Ridgecrest Circle, Denton Leslie Tomblin, Tomblin Homes, 605 Ridgecrest Circle, Denton Lindsay Garcia, Pro Environmental, 3775 Ganzar Road, Denton Lisa R. Crawford-Thomas, T.L.H. Products, 8113 Bishop Pine Road, Denton Michael Pearce, Blacktop Specialists, 1501 S. Loop 288, Suite 104, Denton Nick Miles, Miles Pool Service, 6005 Golden Road Drive, Denton Phoenix Horton, Phoenix Direct Services, 3304 Pres Court, Denton Ryan Kientzler and Phil Landers, PDR of Northern Metroplex, 710 S. Elm St., Denton Sacha Shannon, Rad Fish Designs LLC, 1308 Teasley Lane, Suite 222, Denton Terri Dawn Hixson, Every1 Approved RV Sales, 3325 Humming Bird, Denton Terry Karlott, Drawing With Light By Terry, 201 Tripp Trail, Denton Timothy Morrow, DD Diesel Specialists, 1816 Shady Oaks Drive, Denton Travis Sample, The Zebra’s Head, 113 Fry St., Denton Wendy Winfrey, Trendy Wendy, 6270 Sun Ray Drive, Denton

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19

Vital Statistics MIXED BEVERAGE TAX

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

BEVERAGE | CONTINUED FROM PAGE 17 Rooster's Roadhouse, 113 Industrial St., Denton, $2,552.96 Rooster's Roadhouse Decatur, 106 N. Trinity St., Decatur, $1,343.28 Rosa's Cafe & Tortilla Factory, 1275 S. Loop 288, Denton, $156.24 RT's Social Club Inc., 1100 Dallas Drive, Suite 124, Denton, $7,873.77 Rubber Gloves, 409 E. Sycamore St., Denton, $697.53 Rubber Gloves, 409 E. Sycamore St., Denton, $734.72 Ruby-Jeans Social Club Inc., 309 N. FM156, Ponder, $364.81

Rusty Taco Denton, 1210 E. Hickory St., Denton, $576.33 Savory Private Club, 2650 FM407E, Suite 165, Bartonville, $845.94 Sean's Mesquite Pit BBQ, 401 N. Highway 287, Decatur, $60.70 Sushi Café, 1401 W. Oak St., Denton, $0 Sushi Café, 1401 W. Oak St., Denton, $0 Sushi Café, 1115 W. Hickory St., Suite 100, Denton, $84.01 Sweetie Pie's Ribeyes, 201 W. Main St., Decatur, $363.74 Sweetwater Grill & Tavern, 115 S. Elm St., Denton, $2,903.84

Texas Roadhouse, 2817 S. I-35E, Denton, $2,808.03 The Abbey Inn Restaurant & Pub, 101 W. Hickory St., Denton, $2,822.37 The Aztec Club, 720 W. University Drive, Denton, $1,351.92 The Bears Den, 11670 Massey Road, Pilot Point, $192.29 The Garage, 113 Ave. A Denton, $4,397.81 The Green House, 600 N. Locust St., Denton, $2,004.84 The Labb Club, 218 W. Oak St., Denton, $2,797.71 The Olive Garden Italian Restaurant, 2809 S. I-35E,

Denton, $1,313.13 Three Fins Seafood Grill, 2303 S. I-35E, Denton, $830.46 Tower Tap House, 290 E. Eldorado Parkway, Little Elm, $2,283.36 Tower Tap House, 290 E. Eldorado Parkway, Little Elm, $2,136.83 University Lanes, 1212 E. University Drive, Denton, $813.17 Varsity Roadhouse, 26781 US Highway 380E, Little Elm, $1,461.27

Verona Pizza Italian Restaurant, 201 Loop 81/287N, Decatur, $28.14 Villa Grande Mexican Restaurant, 12000 US Highway 380, Suite 100, Cross Roads, $1,562.64 Villa Grande Mexican Restaurant, 2530 W. University Drive, Suite 114, Denton, $1,434.80 Vitty's Club Inc., 1776 Teasley Lane, Suite 102, Denton, $2,615.54 Wild Horse Grill, 9400 Ed Robson Circle, Denton, $2,350.76 Wing Town, 4271 FM2181, No. C316, Corinth, $0

Business Mixers Ribbon-cutting The Denton Chamber of Commerce celebrated a grand opening for Children’s Advocacy Center for Denton County.

Children’s Advocacy Center for Denton County ADVERTISEMENT

we would like to say thank you Classic of Denton to Participate in the Mazda Drive for Good Program Program donates time and money to national and local charities Denton, TX, December 4, 2014 - Again this year, Classic of Denton is a participating dealer in the Mazda Drive for Good Program. This program donates employee time and company money to both national and local charities. The national charities that Mazda will be donating to are The Mazda Foundation, St. Jude’s Children’s Research Hospital, American Red Cross and the American Heart Association. The local Texas Mazda dealers have also committed to donate to the Make-A-Wish Foundation of North Texas. “This is a great program. Our staff is always proud to participate. With every test drive and every sale contributing to these great charities, we know that we are able to make a huge difference to those in need.” Rick Wick, General Sales Manager, Classic of Denton For every test drive of a Mazda at Classic of Denton, Mazda will donate one hour of community service time. For each lease or purchase of a vehicle, Mazda will donate $150 to one of the selected national or local charities. The donations are automatic and cost the customers nothing. The goal is to make the world a better place for everyone.

Last year, Mazda donated 56,000 hours to charities, creating a huge impaact for good in Texas and around the United States. The event is being promoted locally and nationally through a partnership with NBC and Hunger Games, as well as local billboards and digital advertising. “This program will be running until January 2, 2015. Everyone is invited to come down and test drive a Mazda. If you do, you will know that for a few minutes of your time, you will be making an hour long contribution to an important charity.” - Rick Rick, General Sales Manager, Classic of Denton Classic of Denton is the highest volume car dealership in the Denton area. Offering vehicles from Chrysler, Jeep, Ram, Dodge and Mazda, as well as pre-owned vehicles, Classic of Denton is a complete auto dealership. With a full service department, Classic of Denton can provide their customers with years of smooth, worry-free driving. “Relax... and enjoy the difference.” If you would like more information about this topic, please contact Rick Wick at 940-4989800 or email at rwick@classicofdenton.com LQ

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Denton Business Chronicle

December 2014


20 Denton Business Chronicle

December 2014

Vital Statistics SALES TAX

The following sales permits were issued by the state comptroller’s office for November. The list includes the owner, name of business and address within area codes 75034, 75065, 75068, 76201, 76205, 76207, 76208, 76209, 76210, 76226, 76227, 76234, 76249, 76258, 76259 and 76266. 75034 The Phan Family LLC, 7-Eleven Convenience Store, No. 33264B, 8999 FM423, Little Elm 75065 Chinyen Hsu, Golden Box 4 Me, 102 Stamford Drive, Hickory Creek Genti's Private Club Inc., Genti's Private Club Inc., 3700 FM2181, Hickory Creek Joseph C. Miles, Miles Appliance Service, 311 Thousand Oaks Drive, Lake Dallas Terrill E. Tripp, Flowers After Hours, 113 Lakehill Court, Hickory Creek Terrill E. Tripp, Pongo Comics, 113 Lakehill Court, Hickory Creek Wycked Vapor LLC, Wycked Vapor, 613 S. Lake Dallas Drive, Lake Dallas Holt Texas Ltd., Holt Cat, 27600 University Drive, Little Elm 75068 HRB Technology LLC, HRB Technology LLC, 2673 US Highway 380 E., Suite 119, Little Elm Lone Star Spirit Nation, Lone Star Spirit Nation, 2313 Dawn Mist Drive, Little Elm Pruitt Pools LLC, Pools of Envy, 2690 Lake Ridge Drive, Little Elm Richard J. Sanders, J’s Customs and Fabrication, 14912 Riverside Drive, Little Elm Troy Wesley Bratcher, Touch Tones, 1000 E. Eldorado Parkway, Suite 170, Little Elm Yay Cheez Holdings LLC, Mr. Jim's, 154800 W. Eldorado Parkway, Suite 118, Little Elm 76201 A. Marie Nelson, WCN, 317 S. Elm St., Denton Christopher S. McCoulskey, Ace McCoulskey's Lock Service, 1624 W. Oak St., Denton CVS Pharmacy Inc., CVS/Pharmacy No. 10271, 1510 W. Hickory St., Denton

Denton Rockin' Rodeo Ltd., Rockin Rodeo, 1009 Ave. C, Denton IMJ Enterprises LLC, Harvest House, 331 E. Hickory St., Denton Katie M. Nicholson, Nicholson Glass, 1506 Anna St., Denton Muddy Jake's Concepts Inc., Muddy Jake's Sports Grille and Pub, 222 W. Hickory St., Suite 104, Denton Robin C. Gaylord, Mattress Depot, 2211 W. University Drive, Denton Scrap School and Community Reuse Action Project, Scrap Denton, 420 S. Bell Ave., Denton Sharida Inc., Club Heat, 801 Eagle Drive, Denton Shift Coffee LLC, Shift Coffee, 519 S. Locust St., Denton 76205 America Prepay Communications Services LLC, America Prepay Communications Services LLC, 268 S. I-35E, Denton Castleblack Denton Operator LLC, Hampton Inn & Suites Denton, 1513 Centre Place Drive, Denton Castleblack Denton Owner LLC, Hampton Inn & Suites Denton, 1513 Centre Place Drive, Denton Ogle School Management LLC, Ogle School Hair Skin and Nails, 2324 San Jacinto Blvd., Suite 207, Denton Timothy Wayne Morrow DD, Diesel Specialist, 1816 Shady Oaks Drive, Denton 76207 Elizabeth K. Speiser, Denton Olive and Company, 3413 Chon Drive, Denton Gulnara Balic, Dallas Digital Signs & Graphics, 4650 Lockheed Lane, Suite 104, Denton

76209 C & M Repair LLC, C & M Repair LLC, 2226 N. Locust St., Denton Carlos Nunez, E-Z Check 1/Taqueria Guanajuato, 1017 E. McKinney St., Denton Jay Epp, Insideout Personal Enrichment, 715 Schmitz Ave., Denton Juan Espinoza Jr. and Antonio Carlos, Las Lomas 1101 E. McKinney St., Suite A, Denton Nancy Lee Wheat, Nancy's Fancy's, 1414 E. Windsor Drive, Denton Papa Murphy's Company Stores Inc., Papa Murphy's Pizza, 1105 E. University Drive, Denton Public Archetype Photography Inc., Public Archetype Photography Inc., 2119 Glenwood Lane, Denton

76210 Estevan Valdez, Estevan Valdez, 80 The Woods, Corinth Jeani Hill, Jeani Hill Asid, 3366 Oak Creek Drive, Corinth Jennifer Rose Ramsey, Rustic Whimsy Creations, 1312 Eagle Wing Lane, Denton Johnny L. Wilhelm Jr., Johnny L. Wilhelm Jr., 2560 Tower Ridge Drive, Apt. 311, Corinth Mary Ivey, Kativey Photography, 3015 Pottery Trail, Corinth Melissa Salter Dickmann, Humble Bee Project, 3222 Timberview Drive, Corinth Papa Murphy's Company Stores Inc., Papa Murphy's Pizza, 5017 Teasley Lane, Suite 135, Denton The 58 Apparel Corporation, The 58 Apparel Corporation, 3410 Windsor Parkway, Corinth

Troy Bollom, 3D Group Concepts, 3100 Topanga Canyon Drive, Corinth 76226 Dos Amigos Leather Goods LLC, Dos Amigos Leather Goods LLC, 2000 Christina Court, Denton Elisabeth Ray Mcclain, Woolgather, 719 Thornridge Circle, Argyle Feliciano Alvarado Padron, Productos Del Campo, 300 E. FM1830, Argyle James Derk Arnold, Secure-Outdoors, 715 Stonecrest Road, Argyle

SALES | CONTINUED ON PAGE 23

CATERING

76208 Apex DME LLC, Apex DME LLC, 1402 N. Corinth St., Suite 121, Corinth Lisa R. Crawford-Thomas, TLH Products, 8113 Bishop Pine Road, Denton

940-440-9760

phtexas.com JQ


21

Let Our Business-Vehicle

Denton Business Chronicle

Professionals Help You “ Look Forward to Tax Season”

December 2014

MIKE NEWBERRY RAY O’ROURKE BRAD ROBLYER Cell: 940-395-8407 mnewberry@jameswood.com

Cell: 940-389-3139

Cell: 940-453-4700

rorourke@jameswood.com

broblyer@jameswood.com

www.commercial-trucks.com

Take Exit 462 Off I-35E South

DENTON

FIND OUT IF YOU QUALIFY FOR A 2014 TAX DEDUCTION

OF UP TO $25,000

The tax incentives are available for depreciable tangible property acquired by purchase for use in the active conduct of a trade or business. Additional limitation based on purchases: for the 2014 tax year, the aggregate deduction of $25,000 is most beneficial to small businesses that place in service no more than $200,000 of “Internal Revenue Code Section 179 property” during the year. Each individual’s tax situation is unique; consult your tax professional.

POWERED BY THE JAMES WOOD COMMERCIAL TRUCK CENTER

DEDICATED COMMERCIAL SERVICE FACILITY

LQ


22 Denton Business Chronicle

December 2014

Vital Statistics BUILDING PERMITS

The following building permits were issued by the Denton Planning and Development department in November. Commericial 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 American Campus Comm., 1221 W. Oak St. Bexter Ent. LLC, 2300 Fort Worth Drive, No. 102 Bizplex Inc., 3401 E. University Drive, No. 302 Travis Sample, 113 Fry St. Westdale Carriage Square, 1105 S. Ave. C COMMERCIAL ALTERATION ABC Supply Company, 1631 Cooper Creek Road Bahama Bucks, 3520 E. McKinney St. City of Denton Municipal Court, 601 E. Hickory St. City of Denton Parks, 2000 E. McKinney St. Dan’s Silver Leaf, 103 Industrial St. Days Inn, 4211 N. I-35 Denton Regional Medical Office Building, 3535 S. I-35E Foot Spa, 2318 San Jacinto Blvd., No. 102 Jennifer Gibbs, 119 S. Elm St. Key Custom Homes Inc., 906-912 Kilkenny Court Renaissance Medical Park, 2509 Scripture St. Triton Denton EF LLC, 2229 S. I-35E United Copper Inc., 2727 Geesling Road COMMERCIAL City of Denton, 110 Mockingbird Lane Oaktree Plaza II LP., 1919 Brinker Road RAM Tino, 2801 Shoreline Drive Teasley Venture One, 3636 Teasley Lane RESIDENTIAL Audra Heights Properties 1320/1322 Bayfield St. Alflex Construction 5008 Ricks Road Beazer Homes 3416 Knoll Pines Road 3208 Knoll Pines Road DR Horton 3236 Tamarack Lane 3300 Tamarack Lane 3305 Tamarack Lane 4816 Wasatch Drive

4809 Gunnison Drive 5825 Loveland Drive 5901 Marsh Rail Drive 3105 Tamarack Lane 11904 Southerland Drive 3229 Tamarack Lane 5805 Loveland Drive 2205 Windhaven Drive DR Horton Texas LTD 2429 Pioneer Drive 3316 El Dorado Drive History Maker Homes 3324 Oceanview Drive 3400 Wavecrest Lane 3509 Seaside Drive 3420 Wavecrest Lane 3408 Oceanview Drive 3425 Seaside Drive 5013 Marina 5009 Marina 5021 Marina 5017 Marina 3428 Oceanview Drive 3416 Wavecrest Lane 3413 Oceanview Drive 3420 Oceanview Drive 3409 Oceanview Drive 3404 Seaside Drive 3408 Wavecrest Lane HMH Lifestyles LP 2008 Windsor Farms Drive 2401 Eaton Place 2404 Bray Village Drive 2312 Bray Village Drive 2316 Bray Village Drive 2116 Windsor Farms Drive 2400 Bray Village Drive

BUILDING | CONTINUED ON PAGE 23

HAPPY HOLIDAYS FROM UNITED WAY OF DENTON COUNTY! Our mission is to improve lives in Denton County.

UnitedWayDenton.org LQ


23

Vital Statistics VEHICLE SALES

LIENS

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

DOMESTIC CARS MAKE Acura Buick Cadillac Chevrolet Chrysler Dodge Fiat Ford GMC Honda Jeep Lincoln Mazda Mitsubishi Nissan Ram Subaru Toyota Volkswagen Others TOTAL

OCT. SALES 1 9 14 67 14 55 0 104 0 156 0 1 14 0 147 0 3 74 76 0 735

YEAR TO DATE 7 80 143 769 166 543 2 1,482 14 1,631 5 1 41 1 1,451 12 34 832 704 1 7,919

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

OCT. SALES 0 0 3 0 1 1 3 0 0 0 0 22 46 0 0 1 62 0 1 1 0 0 31 0 4 1 19 6 1 0 0 27 7 72 5 0 3 317

YEAR TO DATE 3 0 10 9 1 16 60 1 1 0 8 301 554 0 0 2 697 1 1 13 0 0 440 0 22 4 201 177 4 0 0 243 29 869 88 0 10 3,765

STATE TAX LIENS

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

NAME/ADDRESS Jason Michael Carr, 403 Marshall St., Sanger Chaucer’s of Arlington LLC, 2302 Creek Crossing Drive, Corinth

YEAR TO DATE 0 0 224 1,559 5 202 0 3,579 13 853 348 4 1,089 2 3 0 1 2 176 187 15 899 169 282 1 6 6 9,626

DOMESTIC TRUCKS MAKE Acura Audi BMW Buick Fiat Ford Freightliner Hino Honda Hyundai Infiniti Isuzu Kia Land Rover Lexus Lincoln Mazda Mercedes-Benz Mini Mitsubishi Nissan Porsche Subaru Toyota Volkswagen Volvo Western Star Others Total TOTAL VEHICLE SALES

OCT. SALES 4 0 0 12 0 3 0 0 26 16 0 3 44 1 0 0 24 0 0 8 95 0 16 101 7 0 0 0 360

YEAR TO DATE 33 1 7 127 0 58 0 0 433 198 2 28 689 3 4 0 300 1 0 95 852 2 255 849 83 2 2 0 4,024

2,396

The following sales permits were issued by the state comptroller’s office for November. The list includes the owner, name of business and address within area codes 76227, 76234, 76249, 76258, 76259 and 76266.

76227 Aubrey Brick & Claystone Co., Aubrey Brick & Claystone, 1212 W. Sherman Drive, Aubrey Daphne Johnson Fields, Rubiesngems, 1521 Canvasback, Aubrey Saddle Sales LLC, Saddle Sales LLC, 8904 Whirlwind Trail, Aubrey 76234 Decatur Title Company, Guardian Title Company, 1451 W. Business 380, Suite 4, Decatur Greg Christian, Certified Glass Replacement, 2842 N. FM51, Decatur

Jaren Jay Wilkerson, Jay W. Services, 661 County Road 2535, Decatur Jerry Ray Bartlett, Serendipity, 301 N. State St., Decatur Mary Miller, Texas Golden Moments, 1304 S Church St., Decatur MKL Design LLC, MKL Design LLC, 107 S. Trinity St., Decatur Terry L. Baker, Building A Better Life, 702 Parkridge Drive, Decatur 76249 J&B Five Point Construction LLC, J&B Five Point Construction LLC, 6495 Coyote Court, Krum

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

AMOUNT $1,206.17 $3,374.10

REC. DATE 11/06/2014 11/19/2014

RELEASE OF STATE TAX LIENS NAME/ADDRESS Howard D. Redfearn, 10700 Redfearn Road, Aubrey

TYPE Limited sales excise and use tax

AMOUNT $1,145.70

REC. DATE 11/172014

AMOUNT $11,212.62 $36,246.68 $2,615.45 $14,849.12 $19,562.21 $101,220.28 $111,020.93 $59,495.88 $17,217.74 $17,383.63 $30,151.79 $2,136.58 $269,205.04 $16,400.35

REC. DATE 11/05/2014 11/05/2014 11/05/2014 11/05/2014 11/05/2014 11/05/2014 11/05/2014 11/13/2014 11/13/2014 11/14/2014 11/19/2014 11/19/2014 11/25/2014 11/25/2014

AMOUNT $12,063.39 $12,786.38 $4,698.47 $23,422.17 $24,165.31 $30,406.04 $8,221.46 $35,835.68 $1,697.69 $13,189.78 $11,346.52 $26,687.44 $58,032.71 $23,160.14

REC. DATE 11/05/2014 11/05/2014 11/05/2014 11/05/2014 11/05/2014 11/05/2014 11/13/2014 11/19/2014 11/19/2014 11/19/2014 11/25/2014 11/25/2014 11/25/2014 11/25/2014

AMOUNT $382,958.00 $288,339.84 $34,800.00 $55,881.52 $57,300.00 $56,000.00 $177,000.00 $484,910.00 $799,650.00 $61,071.36 $42,135.00 $118,277.50

REC. DATE 11/04/2014 11/04/2014 11/05/2014 10/07/2014 11/12/2014 11/12/2014 11/13/2014 11/14/2014 11/18/2014 11/19/2014 11/20/2014 11/26/2014

FEDERAL TAX LIENS NAME/ADDRESS Dannie N. and Lucinda J. Booker, 1501 S. Loop 288, Suite 104, Denton Ronald L. Choice, 528 Chambers St., Denton Larry D. and Gaylene L. Woods, 805 Cruise St., Denton Larry D. Woods, 805 Cruise St., Denton Juan F. Alvarez, 8508 Mild Creek Lane, Denton Nightclub Operators Corporation, 126 Ave. A, Denton North Texas Airport Transportation LLC, 1212 W. University Drive, Denton Audrian L. Bryan, 9096 Teasley Lane, Denton Randy L. Ray, 215 First St., Denton Myron J. Darbey, 3320 Evening Wind Road, Denton E9 Logistics Inc., 621 Chateau Court, Denton Ryco Medreview LLC, 919 S. Carroll Blvd., Suite 103, Denton Miles R. Bustamante, 3411 Friesian Court, Denton Arturo Mejia-Jaime, 4937 Stuart Road, Trailer 74, Denton

TYPE 1040 1040 1040 1040 1040 940, 941 940,941 1040 1040 1040 2290, 941 941 1040, 6672 1040

RELEASE OF FEDERAL TAX LIENS NAME/ADDRESS Janice K. Anderson, 1805 Manchester Way, Corinth Jana Benton, 300 S. Main St., Aubrey EWB Enterprises Inc., 6707 FM 2164, Sanger EWB Enterprises Inc., 6707 FM 2164, Sanger Wilfred C. Homes, 1400 N. Saint Charles Ave., Pilot Point Curtis D. Sparlin, 609 S. 3rd St., Sanger Brian Price, 8617 King Ranch Road, Cross Roads Kevin J. and Grace E. Harrington, 1602 Shadow Crest Road, Corinth Dominion Word Ministries, 1811 Shady Oaks Drive, Suite 190, Denton Robert Craig Vining, 1071 E. Oak Shores Drive, Cross Roads Floyd Vollien-Frank, 1500 Springbrook St., Denton Annette Colon-Aviles and Luis Aviles, 45 Meandering Creek Drive, Argyle Robert J. Dillon, 2207 Yellowstone Lane, Corinth North Texas Family Medicine PLLC, 1340 N. Highway 377, Suite 110, Pilot Point

TYPE 1040 1040 941 940, 941 CIVP 1040 1040 1040 941 CIVP 1040 1040 1040 1065, 941

MECHANICS LIENS NAME/ADDRESS Gary L. and Peggy E. Goldsmith, 1160 Everette Court, Shady Shores Kevin and Lindsay Sanford, 12526 Plainview Road, Krum Donald G. and Terry Moser, 217 Shenandoah Court, Argyle Justin and Amanda Lester, 2340 Harvest Moon Lane, Sanger Nathaniel and Pamela Sedore, 3201 Evening Wind Road, Denton Douglas and Charla Reeves, 2615 Oxford Oaks Lane, Corinth Michael and Leeann Earheart, 720 Chaparral Road, Sanger James Specht and Jennifer Lunardon-Specht, 3309 Stonecrop Trail, Argyle Jure and Nicole Marenic, 6605 Belle Cote Circle, Argyle Brian and Magen Autwell, 304 Matthew Ave., Denton Fernando and Laura Vargas, 6001 Sun Ray Drive, Denton Jim and Colette Strange, 3613 Falcon Court, Denton

CONTRACTOR Victor Myers Constructions LLC Scott Edwards Construction DC Contractors Zodiac Pools Gohlke Pools Robertson Pools Inc. Otwell Roger Custom Homes Design Classics Newport Homebuilders Ltd. Joy Pools BH DFW Inc. Tremont Construction Services LTD.

25,334

SALES TAX

SALES | CONTINUED FROM PAGE 20

December 2014

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

IMPORTED TRUCKS OCT. SALES 0 0 22 165 0 17 0 367 1 90 30 0 83 0 0 0 0 0 17 26 2 106 25 32 0 0 1 984

Denton Business Chronicle

M. D. Jones Construction Co. Inc., M. D. Jones Construction Co. Inc., 7060 Gregg Road, Krum Mudd's Good Eatin LLC, Mudd's Good Eatin LLC, 208 W. McCart St., Krum 76258 Aldr Holdings LLC, Aldr Holdings LLC, 6264 Valley Creek, Pilot Point Burdett Plumbing Services LLC, Burdett Plumbing Services LLC, 600 Eddleman St., Pilot Point Cortney Ann David, Southern Blyss, 1180 Berend Road, Pilot Point 76259 Bobbie Gail North, North Creek Trading Post, 109 W. Bailey St., Ponder 76266 Joanna Durham, Findings, 210 Bolivar St., Sanger SHS Softball Boosters, SHS Softball Boosters, 412 S. 7th St., Sanger

BUILDING PERMITS

The following building permits were issued by the Denton Planning and Development department in November. Residential permits include the address and the total valuation of the home.

BUILDING | CONTINUED FROM PAGE 22 Innovation Builders 5724 Tawakoni Drive 3508 Tuscan Hills Circle 3460 Tuscan Hills Circle 2909 Siena Drive 5721 Tawakoni Drive

Robson Ranch (GC) 9705 Rivercrest Drive 9812 Stonewood Drive 9800 Stonewood Drive 9808 Stonewood Drive 8909 Gardenia Drive 11521 Southerland Drive 11712 Southerland Drive 9613 Orangewood Trail 9112 Ambrosia Court

Jim Specht 400 Regency Court

Sandlin Homes 5708 Millers Creek Drive

3404 Oceanview Drive

Ronert Houdek 619 Parkway St.


24 Denton Business Chronicle

December 2014


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