September Denton Business Chronicle 2018 by Denton Media Company

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September 2018

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Breaking into business New operation lets locals smash their frustrations By Jenna Duncan Crowbar, hockey stick, sledgehammer, baseball bat or golf club? As customers enter The Breakroom, they pick up the tool they want to use to obliterate anything in their sight: old television sets, office furniture, beat-up cars. As ax-throwing bars and “rage rooms” open across the country, four University of North Texas graduates have opened the first such business in Denton at 719 Wainwright St. They collect old stuff that people don’t want, and customers get to destroy it in the warehouse. One of the owners, West White, first went to a rage room a few years ago with his wife, and has loved the concept ever since. Immediately, he thought the concept would work in Denton. “Other than going to the movies or hitting up a bar or a restaurant, there’s not a lot of unique experiences around like this,” White said. “It’s something else to do and a unique concept, and we thought Denton was the perfect place for it.” Customers pick how long they want to be in The Breakroom for, from five to 20 minutes. A five-minute session costs $20 per person, while 20 is $60. Up to six people can be in the room at the same time. BREAKROOM | CONTINUED ON PAGE 4

Jeff Woo

Kevin Dobson, left, and West White are two of the co-owners of The Breakroom, where customers pay to smash everything from small electronics to cars.

Why gender parity matters on the board

By Jenna Duncan | Staff Writer After a year in the coffee roasting business, Lemma Coffee Roasters now has a coffee truck. The truck’s new location is Backyard on Bell, 410 N. Bell Ave. Check www.lemma coffeeroasters.com to confirm hours and location. Noon Mediterranean closed its Denton restaurant last month, along with six other locations, after the Austin-based fast-casual chain filed for bankruptcy. Located on South Loop 288 near Target, the restaurant first opened as Verts Mediterranean Grill before rebranding in November. Everyday Nectar, a juice bar that opened in 2015 on North Locust Street, closed at the end of August. The business broke the news to its fans on Facebook on Aug. 28. Get ready for more climbing.

Summit Climbing Gym is expanding in downtown Denton. It’s expanding into the space that formerly housed The LABB, which shut down last year. With the addition, there will be more climbing space, yoga and fitness space at the Denton location. Longtime favorite bar and tavern Sweetwater is coming back, snake painting and all. Agua Dulce, the latest restaurant in the space at 115 S. Elm St. closed recently, and was sold back to the original family that owned Sweetwater Grill & Tavern. No word on an official opening date, but a Facebook page for the business says we can expect them back this fall. Salted Sanctuary Soap is open at 525 N. Elm St. The longtime soap maker has been at the Denton Community Market since 2012, and DUNCAN | CONTINUED ON PAGE 4

n recent years, the number of female leaders in business, technology and health care has risen exponentially, with women taking over top spots in senior management. What is surprising, however, is that women represent only 16 percent of the board positions of the 3,000 largest companies in the United States. More troubling, at least 620 of those companies have no women serving as board directors. This month, California moved the needle on corporate board gender diversity after its state Legislature passed a bill that requires every publicly held corporation in the state to have at least one woman on its board of directors by the end of 2019. By the end of July 2021, boards with five members would have to have at least two women, and boards with six or more members would be required to have at least three. The bill awaits Gov. Jerry Brown’s signature. If it becomes law, California would be the first state in the country with those requirements. So, why does gender parity matter on corporate boards? A look at the benefits to the bottom line tells part of the story. According to Catalyst, a research nonprofit dedicated to advancing women into workforce leadership positions, companies achieve higher financial performance with more women on their boards. In a report that examined the rates of returns for companies with higher representation of female

Shannon MANTARO | COMMENTARY

board directors, Catalyst found that compared with those with fewer women on their boards, these companies realized a 53 percent rate of return on equity, 42 percent on sales and 66 percent on invested capital. In a similar analysis, global research company MSCI found that, over a five-year period, companies that began with at least three women on the board experienced median gains in return on equity of 10 percentage points and earnings per share of 37 percent. Companies that had no female directors experienced median changes of minus-1 percentage point in return on equity and minus-8 percent in earnings per share. And it’s not just the financial picture that could improve for companies with a gender-diverse board. Consider these points: ■ Power in numbers: Diversity on a board can shift company culture and support increased diversity in gender, race and thought;

Over a five-year period, companies that began with at least three women on the board experienced median gains in return on equity of 10 percentage points and earnings per share of 37 percent. ■ Innovation and problem solving: A more diverse board can bring different knowledge and experience to company problems; ■ Corporate responsibility: Companies may be seen in a more positive light if they have a board that represents more than one sector of a community; and ■ Sustainability: According to a University of California study, the number of women on a corporate board can improve sustainability practices and reduce the impact of company operations within a community. Though not everyone may agree with a government-mandated requirement of this kind, it is important that we continue a dialogue of inclusiveness that not only has the potential to MANTARO | CONTINUED ON PAGE 2

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September 2018

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Enterprising Voices

Begin with the end in mind

ow should small business owners prepare to resolve disputes between themselves before they arise? Historically, small businesses were either sole proprietorships or partnerships. While a sole proprietor may experience internal conflict, the law deals only with conflict when more than one person is involved. As a result, partnership disputes — as opposed to shareholder, limited partnership or member disputes — dominated the courts over the last century. While partnerships remain the default (i.e., if you go into business with someone else and you don’t agree otherwise you are likely in a partnership) the trend in the past few decades has been away from partnerships and toward corporations, limited liability companies and limited partnerships. This trend has two primary implications. It changes the obligations that people in business together owe each other, and it changes the rights of the parties when they are in a dispute, especially when they want to end their business relationship. In a partnership, partners owe each other the highest duty recognized by law. The duty, called a fiduciary duty, includes the duty of loyalty, duty of candor, duty to avoid self-dealing, duty to act with the highest integrity and duty of fair and honest dealing. Partners also have a statutory right to exit the business if their partner is not living up to these responsibilities. This right, called a right of redemption, generally allowed partners (even a minority partner) to require the partnership to buy out his or her interest in the partnership at fair market value. The move away from partnerships has eroded both the duties that partners owe to each other

Sam BURKE | COMMENTARY

and the rights of minority owners to exit the business. In closely held corporations, LLCs and limited partnerships, the duties of those who invest in the business and manage it day to day can be significantly modified by agreement, and they are generally owed to the business itself rather than to the other shareholders, members or partners. For example, a director in a corporation owes a fiduciary duty to the company, but he or she does not owe a fiduciary duty to the shareholders directly. This shift from partner-to-partner duty to partner-to-entity duty has major implications when disputes arise, and this shift needs to be addressed when the parties are forming the business. For years, while the shift to corporations and limited partnerships was taking place, Texas appellate courts recognized a cause of action for shareholder oppression. Although difficult to prove, a minority shareholder who proved shareholder oppression could force the majority owner to buy out their interest in the company. In Ritchie v. Rupe, the Texas Supreme Court ruled the buyout remedy was no longer available. The remedy left to minority owners after Ritchie v. Rupe is the right to bring a derivative suit. This means the minority owner can sue for the corporation but not for him or herself directly.

The successful result of a derivative action can be an award of money directly to the minority owner, but often even a successful result will be the recovery of money by a company that the minority owner does not control. So if the majority owner has been overcompensated, the company recovers the excess compensation and the majority owner will be left in control of whether the business distributes that recovery to shareholders or makes some other use of it. Given that almost everyone who invests his or her time or money in a business does so with the hope of a return on that investment, it may be surprising to learn that Texas law provides no clear guidance on when or if a corporation is required to pay a dividend or make an owner distribution. States generally are reluctant to second-guess the decisions of business owners. In one notable example, a Delaware court refused to hold a board of directors liable for galactic stupidity. So if courts will not hold businesses responsible for galactic stupidity, how can anyone invest as a minority owner in any business with any confidence? The answer is solid dispute resolution provisions in the company agreement. These provisions should be broad enough to resolve a wide range of disputes and specific about how disputes are resolved. A dispute resolution procedure must define the dispute broadly. If the dispute is defined in a way that limits “disputes” to breaches of legal duties, e.g. the fiduciary duties that are owed to the corporation and not the minority owner, the procedure may not be triggered by the most common minority owner complaint: the failure to pay a dividend or make a distribution. Furthermore, especially

when a business’s management responsibility is divided evenly, the dispute resolution procedure should clearly include situations where management is deadlocked. If not, the remedies available through the courts include the appointment of a director, custodian or receiver — in layman’s terms, a stranger running your business. The second feature of a good dispute resolution provision is an obligation to mediate. Mediation is simply a process where the parties meet with a neutral third party and attempt to work out their differences. While parties often approach mediation with skepticism, the process forces parties to focus on the problem and at least hear (and hopefully consider) the point of view of their partner. Even when mediation is not completely successful, it can result in narrowing the parties’ differences. The third, and most important, feature of a good dispute resolution procedure is a buyout provision. A buyout provision is essential, in my opinion. This is because the solutions available through litigation when partners cannot resolve their differences are usually not solutions at all and the litigation process itself is usually harmful even to a healthy business and can result in the failure of a marginal business. When considering terms of a buyout provision, know that the terms being offered, or in the form you are using, may not fit with the business or situation you are entering. The buyout provisions will be strictly enforced, even if those provisions result in a buyout at what you consider a grossly inadequate value. For example, if your buyout agreement sets the price on the

Wednesday, Sept. 26, 6:30 p.m. Wednesday, Oct. 10, 6:30 p.m.

Aubrey 380 Area Chamber of Commerce hosts monthly networking luncheons the third Wednesday of the month at Prairie House Restaurant, 10001 U.S. Highway 380 in Cross Roads. Admission is always $12 and includes a meal. Wednesday, Sept. 19, 11:30 a.m. Wednesday, Oct. 17, 11:30 a.m.

Denton Black Chamber of Commerce meets the second Tuesday of the month at the Denton Housing Authority, 1225 Wilson St., in the first floor conference room. Tuesday, Oct. 9, 6 p.m.

Denton Chamber of Commerce will host a business networking lunch at SpringHill Suites, 1434 Centre Place Drive. Registration is required at $15, and includes lunch.

Lake Cities Chamber of Commerce hosts Small Business Breakfast meetings the second Tuesday of each month at PointBank, 3971 FM2181 in Corinth.

required through Eventbrite at https://bit.ly/2NNrkme

Women in Commerce, a group for women through the Denton Chamber of Commerce, will host its fall luncheon and marketplace at Ashton Gardens, 2001 Ashton Gardens Lane in Corinth. The event will feature a marketplace for vendors and four speakers talking about the gender balance. Tickets cost $45 for chamber members and $60 for nonmembers.

Tuesday, Oct. 9, 8 a.m.

Little D Open Coffee Club, hosted by TechMill, meets every other Tuesday at West Oak Coffee Bar, 114 W. Oak St., to discuss technology and startups. Tuesday, Oct. 2, 8 a.m. Tuesday, Oct. 16, 8 a.m.

Lunch + Learn, a series hosted at TechMill, will be led this month by Dustin Baker on “Purposeful Growth for the Young Company: Navigating People Pitfalls During Go-Go Growth.” The event is at Stoke, 608 E. Hickory St., Suite 128, costs $3.75 for nonmembers and includes lunch. RSVP is

Thursday, Sept. 20, noon

Open Hack Denton, hosted by TechMill, meets the second Tuesday of the month at The Bearded Monk, 122 E. McKinney St., to get programmers of all experience levels together to work on code. Tuesday, Oct. 9, 6:30 p.m.

Sanger Area Chamber of Commerce hosts luncheons the fourth Wednesday of the month at the chamber office, 300 Bolivar St. Lunch costs $10. Wednesday, Sept. 26, noon

SHOP Denton is hosting a Small Business Resource Fair at North Branch Library, 3020 N. Locust St. The free event will feature a mini workshop called “How to Brand Your Business.” Saturday, Sept. 29, 10 a.m.

hen it opened in late 1975, our Denton Chamber of Commerce office was quite an impressive, innovative spectacle. Some may recall that it was built on stilts and touted as being equidistant between Texas Woman’s University and the University of North Texas. At the time, we were not operating the Convention & Visitor Bureau, a separate economic development department or a Small Business Development Center. The original floor plan was only designed for five fulltime staff. Although we enclosed the lower floor in 1997, the ever-expanding activities, services and personnel required to fulfill our many obligations are taxing our space resources. In 1993, our board agreed to extend the lease agreement with the city of Denton for the lot on which our office is located to 2048. Our present five-year strategic plan endorsed the location, not only because of its central location but, frankly, because the building is debt-free. However, it is a 42-year old structure with lots of significant maintenance and retrofitting needs. In January, our board identified — and ultimately adopted — six major goals for this program year. These are specific objectives — over and above the

MANTARO | CONTINUED FROM PAGE 1 BURKE | CONTINUED ON PAGE 4

Calendar of Events APIs and IPAs, hosted by TechMill, meets every other Wednesday at Harvest House, 331 E. Hickory St., for a tech-centered hangout.

Leadership Denton class eyes future

significantly benefit corporations but can elevate women into more leadership positions in public policy and politics. In an effort to bring the issue of gender disparity in positions of leadership to the forefront, Texas Woman’s University has launched its Institute for Women’s Leadership, which is dedicated to preparing more women to take on successful leadership roles. The institute features three centers that will provide support, education and training to ensure women have the framework they need to run for public office,

Chuck CARPENTER | COMMENTARY

standing committee projects and events. They transcend the entire organization. The first item we addressed was the need to repurpose the existing chamber office. It’s a bit more obscure, but another major goal is to “redefine the relevance of the Denton Chamber of Commerce to the next generation of potential members.” Today’s average business is not necessarily housed in traditional brick and mortar. Landline communications, hard-copy advertising and 8 a.m. to 5 p.m. work days are no longer the norm. It is with these queries that the current Leadership Denton class has been assigned its graduation project. They are to present their findings and recommendations in April. Their charge is to develop a plan to identify ways that we can enhance and augment the chamber as it operates today. CHUCK CARPENTER is president of the Denton Chamber of Commerce. He can be reached at dcoc@ denton-chamber.org.

start and sustain entrepreneurial ventures and establish careers as successful C-Suite (CEO, CFO, etc.) executives. The institute will include an interactive exhibit chronicling female political leaders in Texas and provide opportunities for students, citizens and visitors to pursue research and networking connections. SHANNON MANTARO is director of Texas Woman’s University’s Center for Women in Business and can be reached at smantaro@twu. edu. For more information regarding the Center for Women in Business, visit https://twu. edu/center-women-business.

Thursday, Oct. 11, 10 a.m.

Women RISE, a networking series by Texas Woman’s University’s Center for Women in Business, is hosted the second Tuesday of each month at Stoke, 608 E. Hickory St., Suite 128. This month the workshop will focus on “Millennials: Making Work Meaningful.” Tuesday, Oct. 9, 7:30 a.m.

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Friday, Sept. 21, 11:45 a.m. Friday, Oct. 12, 11:45 a.m.

Denton Chamber of Commerce will host a membership mixer at Independent Bank, 400 N. Carroll Blvd. Thursday, Sept. 27, 5 p.m.

Wednesday, Sept. 26, 6:30 p.m. Wednesday, Oct. 10, 6:30 p.m.

Denton Young Professionals hosts coffee and breakfast every third Wednesday of the month at The Chestnut Tree, 107 W. Hickory St. Breakfast costs $10 for nonmembers. Wednesday, Oct. 17, 7:15 a.m.

Lake Cities Chamber of Commerce holds weekly coffee meetings at rotating businesses on Wednesday mornings. Upcoming locations will be listed at www.lakecitieschamber.com/ events.

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Denton Record-Chronicle

September 2018

Chamber Enterprising Voices Roundup Lake Cities Chamber of Commerce

The Lake Cities Chamber of Commerce was in full swing throughout the summer months with our monthly networking lunch and Learn Luncheons. In August, we met at Cajun Konnection in Lake Dallas. On Aug. 14, the city of Corinth hosted a chamber mixer featuring Johnson Controls. The Lake Dallas cheerleaders were on hand to greet those coming in and gave a great performance. Those in attendance were treated to great barbecue and fun networking. The chamber has a program for new Lake Dallas school district teachers called Adopt a Teacher. New teachers presented us with their wish lists. On Aug. 29, we gathered at Lake Cities United Methodist Church for a breakfast to present the new LDISD teachers with gift baskets of items from their lists. It was Christmas in August! On Sept. 18, our monthly luncheon was to feature T.J. Gilmore of Waste Management giving a presentation on recycling. Our September luncheon sponsor was Diane Barton with Stream Energy. And be sure to save the date: Nov. 29 will be a “FUN-raiser” at Bentley Station in Lake Dallas. The four mayors from the Lake Cities (Corinth, Hickory Creek, Lake Dallas and Shady Shores) will be competing in a live lip sync contest. The Corinth police, Hickory Creek police, Lake Dallas police and Lake Cities Fire Department will be competing as well. We will have wonderful silent auction items. You don’t want to miss this. Visit our website at www. lakecitieschamber.com for more information or contact Tina Henderson at 940-497-3097 or director@lakecitieschamber. com.

Pilot Point Chamber of Commerce

The holiday season is almost here. Pilot Point is the place to visit and stay during this wonderful time filled with family, friends, holidays, decorations and entertainment. The calendar is packed with activities, and we hope you will find something that interests you. You can like the Pilot Point Chamber of Commerce on Facebook, follow us on Twitter or visit www.pilotpoint.org for detailed information on our chamber members, events and community. The annual Bonnie & Clyde Days celebration is set for Oct. 13. This year the chamber will be selling refreshments on the future site of the chamber office and visitor center. In addition to the refreshments, our new community cookbook will be on sale. This cookbook is filled with favorite recipes from around our community. Area home cooks shared many family favorites in our book. If you’ve always wanted your Aunt Stella’s candied yams recipe for Thanksgiving dinner, stop by and pick one up — it might be in there! Other upcoming events include an October networking mixer at the newly renovated Lowbrows on the Square. Check our website for the date and time, then come join us. The annual Trunk or Treat sponsored by Sonic Drive-In will be held Oct. 31. Bring the kids for some fun and safe trickor-treating. Start November off right by attending the PointBank evening mixer Nov. 6. There is always good food and good conversation. December will see the Christmas celebration on the square as well as a holiday mixer Dec. 13, hosted by Independent Bank and sure to feature good food and great entertainment. We encourage you to visit Pilot Point. We love local and we hope you will too. Our town is filled with great restaurants, live entertainment and much more.

Flames of inflation bring interest rate hikes

“We’re seeing some effects from inflation. … If you go across all of our businesses, but particularly building materials, … that is a lot more expensive than a year ago.” — Warren Buffett, Berkshire Hathaway CEO, August

ext week the Federal Reserve’s Open Market Committee meets to decide the path forward for short-term interest rates. Futures traders place a 95 percent chance on another quarter-point hike in the benchmark rate. A week ago, that probability was over 99 percent. But tweets from President Donald Trump that trade tensions with China may not be going away any time soon created a bit of uncertainty. Even so, it looks like rates are on the rise. After the near-certain hike next week, futures traders are placing an 80 percent probability of another hike in December. The Fed is pursuing this

Jonathon FITE | COMMENTARY

course for a couple of reasons. First of all, the pace of economic growth is consuming what slack remains in the economy and prices are on the rise. Part of the Fed’s dual mandate is to try to keep inflation at bay (or at least near a steady 2 percent), so a gradual pace of interest rate hikes should help temper the economy from getting too hot. Think of this as the Fed’s unending pursuit of Goldilocks. The other part of the Fed’s dual mandate is full employment. With unemployment

rates below 4 percent, they seem to be winning on that mark. But in the midst of that strength, they also are trying to unwind the massive pile of debt they accumulated to help stimulate the economy over the past decade. Over the past 10 years, the combined output of our gross domestic product is up 38 percent. Wonderful! But over the same period, U.S. national debt increased 122 percent. In other words, for every $1 in GDP growth, debt grew by $3. Not so wonderful. As the Fed gorged itself on debt coming out of the financial crisis, it bought trillions in U.S. treasury and mortgage bonds, swapping dollars for debt. Those dollars flooded the world with liquidity, propping up banks and lowering interest rates to near zero. As this column has pointed out many times, in many

countries, interest rates actually went negative. Needless to say, this is likely to have created some distortions in the market. Now as the Fed lets those bonds it bought mature, it is running the procedure in reverse — sucking in dollars from around the world. That liquidity is being drawn in, which, alongside higher interest rates, creates demand for the dollar. This in turn creates weakness in other currencies. Some countries, like China, have seen their currencies fall in line with the amount of trade tariffs, almost wiping out the net impact of the action (if prices go up, but the value of the currency falls, the actions counterbalance each other). In nations like Turkey, Argentina, South Africa and Thailand, the currency decline has been more severe. These countries, many of which took advantage of the low-interest-rate environment to borrow money and boost

their economies, are now facing a rising dollar combined with rising oil prices, which stresses the local economies. So far these stresses have been contained, but they create fragility in the global financial system. Rising short-term rates, declining dollar liquidity and the re-emergence of inflation will eventually weigh on the U.S. economy. Warren Buffett calls this “economic gravity.” While the U.S. stock market has performed well this year, the fragility overseas may eventually wash upon our shores. Even with efforts by the White House to drive America-first policies, we still live in a global, interconnected market. About half of the sales for companies in the S&P 500 come from overseas. With the benefits from U.S. tax cuts baked into the earnings pie, where will earnings get their boost from here? FITE | CONTINUED ON PAGE 4

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September 2018

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Vital Statistics SALES TAX PERMITS

Jimmy H. Meredith, JM Restaurant & Catering Consulting, 603 W. Parkway St. JKMN LLC, Howdy Doody, 1625 Scripture St. Denton Community Theatre Inc., Denton Community Theatre, 214 W. Hickory St. Shift Coffee LLC, Shift Coffee, 519 S. Locust St.

The following sales permits were issued by the state comptroller’s office for August. The list includes the owner, name of business and address within ZIP codes 75068, 76201, 76205, 76207, 76208, 76209, 76210, 76226, 76227, 76249, 76258 and 76266. 75068 Nayram LLC, Nayram, 3416 Roxie Drive Dionna Charles, Homegrown Promotionals, 1913 Grand Fir Drive Leah Bates, Mona Jade Fashions, 1800 Preston on the Lake Blvd., Trailer 29 Kona by The Lake LLC, Kona by The Lake, 1518 Highland Circle Jericho Guitars LLC, Jericho Guitars, 1629 Megan Creek Drive Waterfront Hideaway Ranch LLC, Waterfront Hideaway Ranch, 640 Lloyds Road Masa Star LLC, Chill 360, 407 W. El Dorado Parkway, Suite 150 Laverne McFadden, Kissable Kreations, 1012 W. El Dorado Parkway, Unit 1093 Al & Dan Inc., Danal’s Mexican Restaurant, 2429 Chestnut Drive Christian Cook, Touchstone Midman, 1412 Roadrunner Drive Derek P. Montana, Clever Cell, 2353 Bradford Pear Drive Bridgette’s Approval LLC, Bridgette’s Approval, 2604 Featherstone Drive Stefano Russolillo, Gun and Ammo of Little Elm, 2917 Dockside Drive Global Trade Commerce Group LLC, Global Trade Commerce Group, 1420 Red Drive Sai Jai Cosmetics LLC, Sai Jai Cosmetics, 3108 Horizons Drive Dlores Media Group LLC, Dlores Media Group, 1824 Rosson Road Joyce A Nuckels, Joyce Nuckels, 2616 Pine Trail Drive Cody Dunnahoe, Under Pressure DFW, 14616 Eaglemont Drive

Taylor Alvarado, Taylor Alvarado Photography, 2020 Jasmine Valley Drive Altecprint LLC, Altecprint, 2637 Peach Drive 76201 Spirit Halloween Superstores LLC, Spirit Halloween, 1042 W. University Drive Rhonda D. Serna, Rhonda D. Serna, 725 N. Elm St., Suite 9 Travice Yvonne Thomas, Yvonne’s Rainbow Hats & Etc., 210 N. Bonnie Brae St. Priscilla Huber, Karmenrose Designs, 1009 N. Locust St. Denton High School PTSA, Denton High School PTSA, 1007 Fulton St. ZK Texas Beverages LLC, Zoe’s Kitchen #354, 2515 W. University Drive Zoe’s Texas, LLC, Zoe’s Kitchen #354, 2515 W. University Drive Denton Main Street Foundation, Denton Main Street Foundation, 111 W. Hickory St. Sharik’s Smoke Shop with Beer & Wine Inc., Denton’s Craft Beer and Wine, 402 W. Hickory St. Everyday Nectar LLC, Everyday Nectar, 515 S. Locust St. Golden Boy Coffee Co. LLC, Golden Boy Co. LLC, 1803 N. Elm St. Denton Phoenix Rising LLC, Sweetwater Grill and Tavern, 115 S. Elm St. Hee Ok Lee, Smart Looks, 524 W. University Drive Michael D. Dickey, Waytobag, 2527 Louise St. Apt. 107 Cotton 2 Cash LLC, Cotton 2 Cash, 1100 N. Locust St. Gregory C. Lange, Little D Guitars/The Semrau Com, 2108 N. Elm St. Valentin G. Carmona, La Mexicana Tienda y Taqueria, 619 S. Locust St.

76205 Atlas Concepts LLC, Atlas Concepts LLC, 1408 Teasley Lane Apt. 3812 Carroll McMath Middle School PTA, Carroll McMath Middle School PTA, 1900 Jason Drive BNS Entertainment Inc., JR Pockets, 1127 Fort Worth Drive TF Fitness of Denton LLC, Texas Family Fitness, 1447 S. Loop 288 Godwin Formwork Solutions, Godwin Formwork Solutions, 1012 Shady Oaks Drive Cameron D. Beal, Big Daddy Tool, 1501 Valley Creek Road NSA OV PM LLC, Rightspace Storage — Denton 1, 1002 Dallas Drive Chelsea Rae Burton, Purple Tomato Trading Company, 2303 Leslie St. SG Partners LLC, Sushi Go, 1507 S. Loop 288, Suite 203 Mohamad R. Ayache, Yummy’s Greek Cafe, 2430 S. Interstate 35E, Suite 136 Jackie-O. Investments Corp., La Azteca Meat Market #5, 518 Acme St. 76207 Portaboards Enterprises LLC, Portaboards Enterprises, LLC, 2401 Worthington Drive, Suite 124 Yandeh Touray, Yandeh Touray Hair Braiding Salon, 5800 N. Interstate 35, Suite 500 76208 Bryan Looney, Bryan’s Irrigation Systems, 4948 Farris Road Denton Academy of Music LLC, Denton Academy of Music LLC, 3502 Corinth Parkway

Cover Story

A series of market indicators that we watch have begun flashing warning signs. One measure blends how many investors are buying call options (to chase the upside) versus put options (to protect the downside). The other indicators assess the path of U.S. interest rates and compare them to rates in Europe. The blend of these data creates an investor complacency measure. When investors are scared, we find those are actually good times to deploy cash into

CERTIFICATES OF OCCUPATION Westwind Apartments, 1710 Sam Bass Blvd., Clubhouse The Reserves, 2532 Charlotte St. Timberlinks at Denton, 5201 Par Drive, Building 3 US Foam Corp, 405 S. Elm St. #102 Thrive Business Centers LLC, 1332 Teasley Lane #200 Shell Building LP, 1332 Teasley Lane Beauty by Earth, 916 S. Locust St. Red Door Operations, 900 Fannin St. Lash Up Brow Down, 519 S. Carroll Blvd. #101 Fresh Morning Donuts, 703 Londonderry Lane Little Ceasars, 826 W. University Drive Factory Management LLC, 501 S. Carroll Blvd. #101 Scanlon Insurance, 1800 N. Carroll Blvd. #104 Taqueria Miranda, 404 W. Sherman Drive Moore Supply, 1210 Duncan St., Building 1 Discount Tires Plus Wheels, 4250 E. University Drive The Vibe, 1610 E. McKinney St. 19Twenty Apartments, 1920 N. Ruddell St. Freaks and Geeks, 1805 N. Elm St., Suite 1805-1807 Agents Alliance Services, 830 S. Interstate 35E Red Door Operations LLC, 830 S. Interstate 35E #21 Fast Signs, 2119 Sadau Court

Guests have their choice of tools to smash items at The Breakroom. went through a bad breakup or something and have some things you want to destroy, you can do that,” White said. The throwing room could change in the future, and the Breakroom plans to do special concepts throughout the year. Smashing pumpkins, knocking out Christmas decor and specials around final exams are

the market. When investors are complacent, thinking nothing can go wrong, their overconfidence becomes dangerous. Based on 25 years of market data, the current level of complacency suggests a 10 percent (or larger) correction is highly likely over the next year. We are building cash to have some dry powder to exploit the fears when they return. Perhaps the upcoming elections will cause some tumult. Maybe some emerging market will default and send ripples through the market. Or perhaps the Fed will hike rates

University Computer Store, 910 S. Elm St. Little Caesars Co, 717 S. Interstate 35E #122 COMMERCIAL CITY OARC@FRY STREET, 1310 Scripture St., Building 2 Prime Dentistry, 3220 Teasley Lane #100 Teo Real Estate LLC, 209-213 S. Ave. G, Suite 15-16 Five Ten Villas, 510 Fort Worth Drive Wendys, 4900 Teasley Lane History Maker Homes, 2313 Davenport Drive Havoli Poke Tappan, 2200 W. University Drive McKinney Park Apartments, 191 Duchess Drive 7-Eleven Inc, 2221 W. University Drive Ramen Tengoku, 1435 S. Loop 288 #117 Headliner Investments, 319 E. Sycamore St. Bonnie Brae Medical, 1218 N. Bonnie Brae St. Blink Browz Art, 503 S. Locust St. Denton Market Street Properties, 3841 Market St. #109 Palladium Apartments, 1255 Poinsetta Blvd. Emery Office Park, 2214 Emery St. Patrick Piehl, 2930 W. University Drive Cotton Patch Cafe, 2505 W. University Drive Envy Salon, 2307 S. Interstate 35E

all in the works. “We have all sorts of different ideas we want to try out, but we’re just getting everything started as a new business,” Bond said. “We have a lot of fun ideas, and we’re going to switch things up.” JENNA DUNCAN can be reached at 940-566-6889 and via Twitter at @jennafduncan.

enough that the economic gravity is felt by the market. Does this mean it’s time to sell? No, but investors should be thoughtful of what they own, why they own it and how the investments will fare with rising costs. The Fed has spent 10 years trying to stoke the flames of inflation. It may be getting its wish. JONATHON FITE is a managing partner of KMF Investments. This column is provided for general interest only and should not be construed as a solicitation or personal investment advice.

Derilyn Walker, Bullseye Leatherworks, 10345 Waterbury Drive Yo Boba Boba LLC, Yo Boba Boba LLC, 26745 E. University Drive Nafeesa Peoples, London Mo’lan Accessories, 1712 Murphy Court Kendall W. Tepfer, C&J’s Sweet Snow, 804 Sherry Lane S. Todd French and Jacqueline Warner, JBJT Sales, 1025 Charleston Lane Artillerie Gallerie LLC, Artillerie Gallerie LLC, 1220 Mockingbird Drive 76249 Jeffrey Wayne Dollahite, Jeff’s Custom Creations, 1639 Totem Pole Way Jennifer Hougbenou, Jennifer Hougbenou, 1636 Totem Pole Way Julie A. Lemons, Julie Lemons, 1636 Totem Pole Way El Gallo Latin Market LLC, El Gallo Latin Market, 137 W. McCart St. Oscar Salcedo and Benjamin Ruvalcaba, Brunch Cafe, 905 E. McCart St. Suite 100 76258 Mustang RV Park LLC, Mustang RV Park, LLC, 9495 FM1385 Connected Infrastructure LLC, Connected Infrastructure, 13831 Alexander Road Cybertend Consulting LLC, Cybertend, 1900 N. Saint James Road Rennley Holdings LLC, Skull Bucket, 9470 Jack Gray Road 76266 Bobby’s Satellite & RV Services LLC, Bobby’s Satellite & RV Services, LLC, 135 Ringneck Drive Becki Young, Becki Young, 6608 Private Road 6601 Kelly Marie Tingle, Dollhouse Salon and Boutique, 308 Bolivar St. Naturally Well LLC, Naturally Well Center of Texas, 7993 Airfield Drive

Robson Ranch Fitness Building, 9412 Ed Robson Circle T-Mobile, 1217 W. Oak St. CNMK TX Texas Properties LTD, 2825 Wind River Lane First State Bank, 400 W. Oak St. The Chamberlain Trust, 311 N. Elm St. PFL Realty LLC, 5501 Fishtrap Road #201 PFL Realty LLC, 5501 Fishtrap Road #211 City of Denton, 1332 Teasley Lane #100 Sharetea, 2200 W. University Drive #160 Orison Holdings LLC, 314 E. Hickory St. Storage of Denton, 3900 E. University Drive McDonalds (Walmart), 1515 S. Loop 288 City of Denton, 2230 W. Windsor Drive Northstar Bank of Texas, 3301 Teasley Lane RESIDENTIAL Bloomfield Home LP 9701 Athens Drive 5001 Marble Falls Drive 5009 Marble Falls Drive 5017 Marble Falls Drive DR Horton 4300 Chicory Court 4301 Chicory Court 4304 Chicory Court 4305 Chicory Court 4308 Chicory Court 4309 Chicory Court

BUILDING | CONTINUED ON PAGE 5

Open/Closed DUNCAN | CONTINUED FROM PAGE 1

now has a storefront that also features soaps, goods and art from other local makers. Club Pilates is set to open this month at Teasley Commons, 3220 Teasley Lane. The company has more than 400 locations nationwide to teach specialized workout classes with state-of-the-art equipment. According to its website, the first classes will be hosted Thursday, Sept. 20. Longtime drum shop and music school The Ghost Note

moved off of the Square to 901 S. Elm St. The vacated property at 120 W. Oak St. now has signs teasing a business with pastries and gelato, but no permits have been filed with the city to start bringing a new business to life on the north side of the Square. New health-related products and treatments are featured at Feel Your Best, a new store at 260 S. Interstate 35E, Suite 300. Out on Jim Christal Road, we have another distribution center. United States Cold Storage is up and running. It’s

a warehouse and distribution center for refrigerated and frozen foods. They’re still hiring warehouse positions. Sprint is the first business to open in the new strip centers at Rayzor Ranch Town Center, 2515 W. University Drive. Feel the need to smash furniture, old cars and TVs to channel your rage? There’s now a business to get our your frustrations: The Breakroom. The recreational business is now open at 719 Wainwright St. and owned by graduates of the University of North Texas.

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76227 Steven Insalaco, Creative Party Designs and Crafts, 1246 Chattahoochee Drive Heather R. Shaw, HC Designs, 1701 Canvasback Fibre Publishing LLC, Fibre Publishing LLC, 809 Prairie HMS Heating and Air Conditioning LLC, HMS Heating and Air Conditioning, LLC, 113 Kruger Road Bryce Fry, Fierce Detailing, 1020 Holly Anne Lane Lauri R. Williams, LW Antiques and Collectibles, 1092 W. Sherman Drive Streamlined Windows and Blinds LLC, Streamlined Windows and Blinds LLC, 1025 Grey Fox Drive

Jeff Woo

BURKE | CONTINUED FROM PAGE 2

book value of the company as opposed to the fair market value, your interest will be valued on the book value of assets that may have been aggressively depreciated for tax purposes. The best solution, if the parties are similarly capitalized (have the same available cash), is commonly referred to as a push-pull buyout. Basically, one party offers to purchase the other party’s interest at a price per share of stock or unit of ownership. Then, the party who receives that offer has the right to sell their interest at the offered price or purchase the offering party’s interest for that same price per share. In this situation, the costs and gamesmanship of various methods of valuation are avoided altogether. With solid dispute resolution provisions in your company agreement, you will be better positioned for your business to succeed and better off if it fails. All business ventures are entered into optimistically, but all good things come to an end. Plan accordingly by beginning with the end in mind.

76210 Andrew Crespo-Roman, Lone Star Twang, 920 Beechwood Drive Jane C. Gonzales, Casa Bonita Home Services, 8205 Seven Oaks Lane Baribor Louis Popnen, KKab Auto Adventures, 2707 Meadowview Drive Kimberly Harrell Photography LLC, Kimberly Harrell Photography LLC, 3305 Marymount Drive JPatrick & GPucci LLC, Camrynn Cole Design, 200 Sharon Rose Court Jane Vaughan, Jane Vaughan, 3214 Fairview Drive Kyle W. Woolet, Patriot Pet Cleaning Services, 2021 Del Mar Court Hot Taco LLC, Hot Taco LLC, 3628 S. Interstate 35E Karol Smith, Hydroponic Barn, 3407 Bellview Drive

76226 Alissa Stradling, Vocal Studio LLC, Sing Texas!, 8505 Bayberry Ave. Lea Newsom, Lea Newsom Designs, 1108 Hazel Drive Hawk Analytics Inc., Hawk Analytics Inc., 2652 E. FM407, Suite 215 Towne & Main Interiors LLC, Towne & Main Interiors, LLC, 1026 Dayton Drive Donell Francis, Francis Professional Images, 9117 Wichita Lane Custom Embroidery North Texas Inc, Custom Embroidery North Texas Inc, 8137 Tyler Drive Ashley A. Moody Mrs., Ashley Allison Designs, 910 Kirby Drive House Sprucing LLC, House Sprucing LLC, 430 Elwood Court Veronica Bardfield, Necessary Things, 1433 Eagleton Lane Texas Phone Works LLC, Texas Phone Works, LLC, 2652 E. FM407, Suite 120 Kiki QT Boutique LLC, Kiki QT Boutique, LLC, 12070 Lake Trail Drive Argyle RV LLC, Argyle RV, LLC, 7433 Fort Worth Drive

BUILDING PERMITS

Enterprising Voices FITE | CONTINUED FROM PAGE 3

76209 Trevrell Malik Anthony Holgate, Maktivity, 1610 E. McKinney St. Martin N. Gomez, 11.11 Supreme Graphic, 2820 Virginia Circle #A109 Madison Johnson, Madison Macarons, 2420 E. McKinney St., Apt. 8308 Jerrod Daniel Braun, JDB Services, 3719 Atlas Drive Tobi Padwick, Denton Comics, 3408 Heather Lane Mary Carter and Erin Cram, Halo Dips Southwest, 2001 Burning Tree Lane Oasis Heating and Cooling LLC, Oasis Heating and Cooling LLC, 2409 Salado St.

Mission Environmental LLC, Mission Environmental LLC, 1584 Meadowview Drive Peter Matthew Paulos, Olde Tyme Christmas and Curiosities, 3009 Donner Lake Circle Sentry 10 LLC, Sentry 10 LLC, 3316 Hofstra Drive

The following building permits were issued by the Denton Planning and Development department in August. Commercial alterations and commercial permits reflect the owner or tenant and the address of the business. Residential permits include the address of the home.

BREAKROOM | CONTINUED FROM PAGE 1

Safety is essential: Closedtoe shoes are required, and the company provides hard hats, protective glasses, heavy-duty aprons and gloves for each participant to wear. There’s also always a staff member in the room to make sure no one gets hurt. Sometimes people start out a little timid, said Trey Bond, another one of the company founders. “You kind of have to talk them into it, and once they let go, it’s a good time,” he said. “It’s just getting people in to try it, and once they do we have had an overwhelmingly positive response.” Don’t want to smash things? There’s also a throwing room, where you pay per item you hurl at the wall, like coffee mugs and plates. Customers can bring in their own stuff to throw for $20. “We have to approve what gets thrown to make sure it’s nothing dangerous, but if you

Zoe Bakery & Cafe LLC, Zoe Bakery & Cafe LLC, 3609 Oceanview Drive Erin Michelle Taylor, HelpfulBubbleJewelry, 3428 Oceanview Drive Cody B. Hogan, CH Lonestar Laser Engraving, 589 S. Trinity Road NSA OV PM LLC, Rightspace Storage — Denton 2, 3919 E. McKinney St. Tisha Aragon, Giddy Up Girl, 4506 Baytree Ave. Douglas Lynn Barber, Doug’s Metal Detectors, 303 Meadowlark Lane

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DENTON

Denton Record-Chronicle

September 2018

Vital Statistics ASSUMED NAMES The following names were posted in August in the Denton County Clerk’s Office. NAME — DBA/ADDRESS

NAME — DBA/ADDRESS

75068 Taylor Alvarado, Taylor Alvarado Photography, 2020 Jasmine Valley Drive Siriboe Amalile, Siricube Enterprises, 424 Longshore Drive Wheels Plus Tires LLC, Construction Solutions, 2392 Morningside Drive Brent Oel Barcenas, Custom Designs Masonry, 1800 Preston on the Lake, Lot 259 Darrion Butler, Skyline Home Solutions, 1105 Lake Hollow Enzo Cordeiro, Athos Labs, 2209 Riverside Drive Trees Materials LLC, Golden Tree Maintenance #2, 3325 W. Eldorado Parkway ELM Frisco Auto Repair Inc, Little Elm Car Care, 5904 Crestwood Place ELM Frisco Auto Repair Inc, European Auto Care of Little Elm, 5904 Crestwood Place ELM Frisco Auto Repair Inc, Overseas Car Care of Little Elm, 5904 Crestwood Place Teresa Evans, Key to Beauty, 1503 Waters Drive Calisha Germany, Booked and Brunchin’, 1812 Shoebill Drive Matthew G. Gibson, Gibson Insurance Agency, 1421 Marines Drive Kelly Kim, Navo Family Dental, 26742 E. University Drive, Building 200, Suite 220 Navo Dental Professionals, P.C., Navo Family Dental, 26742 E. University Drive, Building 200, Suite 220 Jake Lester, Scruffy, 2635 Leisure Lane Laverne McFadden, Kissable Kreations, 1012 W. Eldorado Parkway, Suite 1093 Elisa McInnes, Mighty Fine Cleaning Solutions, 2616 Annalea Lane Alba Melissa Sierra, Smart Cleaning Services, 6021 Reenwood Drive Holly Stephens, Holly’s Haven in Home Child Care, 1121 Lake Haven Drive Robin Wright, Abel Services, 320 Peninsula Drive

David W. Louis, Texas Sky Band, 1404 Broadway St. Janet Moore, Invisible Ink Studio, 109 E. Oak St., Suite 1100 Hou Si Wong, Sunny Side Music, 1801 Broadway St.

75078 Grant Hertzog, The Snap Pack, 16404 Amistad Ave. David V. Kelly, DVK Financial Coaching, 4460 Honeyvine Lane Laura Langdon, Laura Langdon Photography, 4500 Bluestem Drive, Apt. 19108 76201 Affiliated Financial Advisory Services LLC, Affiliated Advisors, 211 Fort Worth Drive Michael Barnett, Denton County Independent Hamburger Company, 715 Sunset St. Michael Barnett, Texas Independent Hamburger Company, 715 Sunset St. Michael Barnett, Denton Independent Hamburger Company, 715 Sunset St. Timothy G. Bartts, Bartts Construction Services, 525 Fort Worth Drive #213 Hugh Alan Cudd, H Alan Group Images, 908 Crescent St. Valerio Jesus Shom, Chapin Cafe, 212 Fort Worth Drive Devin Drake, Faded Blue, 1100 Locust St. Homsin Investment INC, Thai Ocha Restaurant, 1509 Malone St. Lori Kring, Northpointe Phases 2 and 3, 624 W. University Drive #267 Edward D. Latham, Wind & Sand Properties, 624 W. University Drive

76205 Atlas Concepts LLC, BearPaw TacMed, 1501 S. Loop 288, Suite 104-162 Chris Bailey DC, North Texas Chiropractic, 638 Londonderry Lane Chris Bailey DC, NT Chiropractic & Medical Rehabilitation, 638 Londonderry Lane Chris Bailey DC, North Texas Chiropractic & Medical Rehabilitation, 638 Londonderry Lane Chris Bailey DC, NT Chiropractic & Medical, 638 Londonderry Lane Joseph Barbaria, Ameritrust Financial Group, 1712 Lynhurst Lane Chelsea Burton, Purple Tomato Trading Company, 2303 Leslie St. Kent Campbell, Capital Ventures, 1800 S. Loop 288 #396-215 Reba Catlin, AnR OnBlast Commercial Cleaning, 1224 McDonald Drive Thrive Business Centers LLC, Texas Business Centers, 1332 Teasley Lane Jeffery Daniel Crouch, Crouch and Crouch Ink, 1522 Oakwood Drive Daniel Escamilla, Transportes Fe, 912 Baldwin Diana Y. Garrison, The Shepherd’s Hand, 1123 Fort Worth Drive Mirrorcle Glo LLC, Clara’s Kitchen, 511 Robertson St. Maxine Lindauer, North Central Texas Hypnosis, 735 S. Interstate 35E Micah Howley, Dark Informer, 1541 Valley Creek Road Jennifer E. Imboden, Careful Massage, 301 Dallas Drive #102 Gholam Reza Kaviani, Ray Kaviani, 2434 Lillian Miller Parkway Maxine Lindauer, Lighthouse Visionworks, 735 S. Interstate 35E Maxine Lindauer, Lighthouse Hypnosis, 735 S. Interstate 35E Dustin Mayfield, Equallity Realty, 1800 S. Loop 288, Suite 396-120 Edith Terry, You Build We Clean, 1906 Mercedes Road Shyam Malla Thakuri, Toys & Gifts Paradise, 2201 S. Interstate 35E Rogelio Vega, Vega Pools and Outdoor Living, 2414 Fort Worth Drive Marco Villareal, MVP Construction, 1235 Dallas Drive Carrie Zala, Sozo Wellness & Bodywork, 723 S. Interstate 35E 76206 Warren Mills, Apex Mechanical, 2101 Colorado Blvd. #50002 76207 Cynthia S. Allen, Starkey Group, 269 Gardenview St. Michael Ty Cunningham, TyCunningham Tech, 3232 N. Locust St., Apt. 524 Kate Larson, Kate’s Place, 5800 Interstate 35, Unit 400, Booth 5778 Triptych Arts LLC, Triptych Records, 7400 N. Locust St. Triptych Arts LLC, Triptych Vintage, 7400 N. Locust St.

BUILDING PERMITS DR Horton 4312 Chicory Court 4313 Chicory Court 4316 Chicory Court 4317 Chicory Court 4321 Chicory Court 4400 Chicory Court 4401 Chicory Court 4404 Chicory Court 4405 Chicory Court 4408 Chicory Court 4409 Chicory Court 4412 Chicory Court 4413 Chicory Court 4504 Chicory Court 4505 Chicory Court 4508 Chicory Court 4512 Chicory Court 4513 Chicory Court 4516 Chicory Court 4517 Chicory Court 4600 Chicory Court 4601 Chicory Court 4605 Chicory Court 4609 Chicory Court 4613 Chicory Court 3112 Dominion St. 4408 Eaglestone Way 300 Goldfinch Road 304 Goldfinch Road 308 Goldfinch Road 312 Goldfinch Road 313 Goldfinch Road 316 Goldfinch Road 320 Goldfinch Road 400 Goldfinch Road 404 Goldfinch Road 405 Goldfinch Road 408 Goldfinch Road 412 Goldfinch Road 420 Goldfinch Road 300 Grassland Drive 312 Grassland Drive 320 Grassland Drive 400 Grassland Drive 416 Grassland Drive 4301 Lost Creek Road 4305 Lost Creek Road 4309 Lost Creek Road 4313 Lost Creek Road 4317 Lost Creek Road 4401 Lost Creek Road 4409 Lost Creek Road 4413 Lost Creek Road 304 Oakbluff Drive 320 Oakbluff Drive 408 Oakbluff Drive 100 Sunken Meadow Court 108 Sunken Meadow Court 112 Sunken Meadow Court 116 Sunken Meadow Court 120 Sunken Meadow Court 224 Sunken Meadow Court 228 Sunken Meadow Court 232 Sunken Meadow Court 236 Sunken Meadow Court

4901 Beaver Creek Ave. 4905 Beaver Creek Ave. 4909 Beaver Creek Ave.

NAME — DBA/ADDRESS

76208 Tisha Aragon, Giddy Up Girl, 4506 Baytree Ave. Meshach Ogunmodede, B&D Autos, 3513 Camino Real Trail Cassandra F. Berry, Fill My Cup Ministry-North Texas, 3805 Inwood Court Guillermo Cabrera, G&G Home Improvement, 2309 High Meadow Drive Michael Castle, Today Dental of Denton, 1800 Brinker Road #290 Mike Cox, Mikel Cox Distributions, 401 S. Shady Shores Road Josue Marin, Marin Landscaping, 6601 Grissom Road #714 Blake Huggins, Accelerated Remodeling Solutions, 1904 Moonlight Drive Lynn Langham, Sierra Oaks Farm, 3991 Blagg Road Steve Maiden, Altai Cyber Security, 3991 Blagg Road Rosa A. Malave, Eagle Star Distribution, 4131 Boxwood Drive Oscar Ramos, Texas Services, 2601 S. Mayhill Road #225 Debra Mills, WYC Reunion 2018, 3907 Whitetail Drive Jordan R. Peterson, Jordan Peterson Video Editing, 700 Lavaca St., Suite 1401 Noelle Randall, DFW Women and Wealth in Real Estate, 3205 Key Largo Lane Roach and Roach Holdings LLC-Kemp Cinos Series, Kemp Cinos Series, a licensed Sonic franchisee, 310 Glencoe Road Roach and Roach Holdings LLC-Kemp Cinos Series, Lake Dallas Cinos Series, a licensed Sonic franchisee, 310 Glencoe Road Erin Taylor, HelpfulBubbleJewelry, 3428 Oceanview Drive Lloyd Wilson, Cruise Planners by Lloyd, 4512 Indian Paint Way Phillip Windsor, Texas Cable and Boring, 5090 Shaw Lane

RKC Construction LLC, RKC Homes, 3332 Mustang Drive Andrew Crespo-Roman, Lone Star Twang, 920 Beechwood Drive Samuel Criales, SamRo Consulting, 1708 Cedar Elm Drive Julian L. Dozier Sr., USA Cash Homes, 2603 Fountainview Drive Jake Gannon, Regional Records, 701 Regency Court Jose Inez Gomez, International American Mortgage Group, 2808 Geronimo Drive Jose Inez Gomez, Taxi-Royal Transport of DFW, 2808 Geronimo Drive Rebekka Gorham, RJG Media Management, 2503 Meadowview Drive Marc Hodges, Blueline Tree Service, 3231 Acropolis Drive Jeromy Jones, Paranologies, 3516 Glenview Drive Jeromy Jones, Steamtiques, 3516 Glenview Drive Julio Cesar Munoz, July’s Home Care, 9100 Teasley Lane #29F Awtrey McDonald, Ace Handyman Repairs, 2003 Fair Oaks Circle Rebecca McMahon, McMahon Real Estate Group, 2112 Toledo Drive Tennyson Murandu, 1st Class Transit Care, 2904 Bareback Lane Tennyson Murandu, Global Project Management Partners, 204 Bareback Lane Tammi Needham, Gearon, 1905 Pavilion Lane Steven Oliver, NorTex Air Pros, 2640 Fondren Road Emily Pearson, The Seeing Stone, 1142 Oakhurst St. Anthony Eugene Platt, @ Chore Service, 2014 Crystal Springs Drive Ghazi A. Rabah, Arab Express Aviation Services, 2108 Redrock Drive Brian Rahlf, Platinum Financial Services LLC dba R&T Roofing and Construction, 1115 Wentwood Drive Derrick Christopher Smith, Balloons and Arches, 6324 St. James Place Derrick Christopher Smith, Balloonfinity, 6324 St. James Place Derrick Christopher Smith, NerdSolve, 6324 St. James Place Kelly M. Stracener, Yummy Scrummy, 1921 Hollister Lane Stephen K. Waigwa, Kamutu Expedite, 1600 Redwood Drive Amy Wilson, Patient Safety in Healthcare, 3316 Sombrero Drive

Nicole Scherer, Nicole Scherer, 345 Canyon Oaks Drive Gema Shuster, Gema Realty Group, 1166 Foster St. William Strittmatter, Strittmatter Contracting LLC, P.O. Box 554 William Strittmatter, Strittmatter Contracting, P.O. Box 554 Huong Thanh Vo, Angel Nails & Spa, 619 N. 10th St., Unit 306

76258 David Aguirre, DA Construction, 566 E. Liberty St. Jennifer Anderson, Futurity Futures Sale, 951 Berend Road Joshua Ross Donnell, Equine Sports Medicine, 8386 E. FM455 Mike Ettredge, Circle E Farms, 623 Lone Star Road Mica Frederick, The Pelican Group, P.O. Box 273 Simone Hadowsky, Equine Snaq Shaq, 10431 Friendship Road Ashley Malone, Blush Owl, 1300 N. St. Chales Ave. Joseph James Pickrel, Mustang Tune-Up Shop, 12942 Mustang Road Calvin Paul Redfearn, PR Cars, 8030 U.S. Highway 377 Stephens Commercial Investments, LLC, Lowbrows Beer and Wine Garden, 200 S. Washington St. Elise Williams, Lotus Secure 365, 600 Copenhaven St. Elise Brett Williams, Lotus Secure 365, 15004 St. Johns Court

76209 Daniel Adams, Dan Adams Custom Installations, 3037 Brandywine St. Brent Brooks, Union Motorcycle Company, 2208 Kings Row Latousha M. Brown, L&C Mobile Notary, 3500 E. McKinney St. #7306 Rosie Davison, RMD Copier Solutions, 149 E. Windsor Drive Jose Ignacio Carlos Esteban, Carlos Custom Fence, 801 N. Inwood St. Javier Gamez, Javi.S Painting, 3004 Terry Ct. Martin Gomez, 11.11 Supreme Graphics, 3820 Virginia Circle Robert Gonzales, Ruben’s Small Engine Repair, 2805 Anysa Lane Dorwayne Lavell Lawson, D L Lawson Constructions, 3500 E. McKinney St. #2210 Jesus Lopez, Lopez Concrete, 610 N. Bradshaw St. John Michael Marceau, DMVisual, 1320 Bayfield Drive Kellianne Moore, Kam Visuals, 3013 Dominion St. Mark Christopher Moore, Apex Residential Services, 3013 Dominion St. Garret Oehlschlager, Oehlschlager Logistics, 2520 La Paloma 76210 Esther Akintitan, Demarc Group, 2301 Tahoe Lane Mohamad Ayache, Yummy’s Greek Cafe, 2430 Interstate 35E #H136 Christine Beck, Beck Interior Design, 4251 FM2181, Suite 230-332 Elizabeth Boos, Be Share Grow, 7117 Sunburst Trail David Vanderlaan, Vanderlaan & Coe Team, 2925 Country Club Road, Suite 101

4913 Beaver Creek Ave. McClintock Homes, 1405 Oak Tree Drive

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

BUILDING | CONTINUED FROM PAGE 4

NAME — DBA/ADDRESS

Nichol Clark 9210 Conroe Drive 4700 Stillhouse Hollow Lane 9100 Wichita Drive Patrick Bonenberger, 5633 Woodland Hills Drive

76226 Joann G. Aronow, Argyle Counseling, 9425 Lake Fork Trail Javier Barrera, Javier Barrera Consulting, 1421 8th St. Darik Caswell, Texas Phone Works, 2648 FM407, Suite 120 Russell James Davis, SDG Staffing, 1649 Barrington Hills Blvd. Carla Hilburn, Feel Good Tees, 3208 Buckthorn Lane April Jenkins, Ashes to Beauty, 5613 Park Place Nancy LeQuire, LeQuire Ranch Alpacas, 951 Ridgewood Circle Thomas Wynn, Hospitality Confection Co., 117 W. Frenchtown Road Sylvie Ndenn, Wellnista, P.O. Box 1192 Elizabeth Nolen, Rocking Birth Doula Services, 899 Ridgewood Circle Zachary T. Sams, Argyle Lawn and Exterior Services, 2100 Fairway Acres Drive Alejandro Santiago, Sanmar Construction, 1737 Stonecrest Road Nicole Scherer, You First Real Estate Group, 345 Canyon Oaks Drive

Robson Denton Dev LP 9517 Arkose Drive 12605 Basalt Court 12609 Basalt Court 12709 Golden Rock Drive 12317 Grosbeak Drive 12409 Grosbeak Drive 12421 Grosbeak Drive 9820 Ironwood Drive

76227 Shawntain Austin, JAN-PRO Cleaning Systems, 26493 E. University Drive, Apt. 336 David Burt, Hip Audio LLC, 1912 Morning Dove Drive Karina Esquivel, Process EHS, 8828 Sagebrush Trail Darren Blakely, Liberty Garage Door, 704 Fireside Drive Annvernette Green, Valencia Styles LLC, 10013 Lakeview Drive Phillip Green, Nature’s Norm, 1925 Bridgeport Drive Steven Insalaco, Creative Party Designs and Crafts, 1246 Chattahoochee Drive Phiresse Jones, Jones Performance Sports Training, 216 Pecos Trail Phiresse Jones, Midnight Madness 7 on 7 National Tour, 216 Pecos Trail Lori Klinger, The Ponderosa, 2350 Rock Hill Road Pay Marine, Ralph’s Place Bar & Grill, 26493 E. University Drive, Apt. 738 Breanna McNabb, Glam Allure, 700 Field Crossing Tamera McQuirk, Tamrak Solutions, 928 Hayden Lane Janet Moore, Nearly to Newborn, 5621 Bridle Path Janet Moore, Nearly to Newlywed, 5621 Bridle Path James Jerrod Morgan, All-Cash Holdings, 6020 Tallisa Drive James Jerrod Morgan, Intelligent Investments, 6020 Tallisa Drive Nafeesa Peoples, London Mo’lan Accessories, 1712 Murphy Court Tomi Price, Calico Clothesline, 10104 Lakeview Drive Valerie Segui, Let Your Phenomenal Shine Inc, 1600 Sea Pines Drive Heather Shaw, HC Designs, 1701 Canvasback Drive Donna Starr, Lone Starr Lotus, 1605 Spanish Moss Way Kendall Tepfer, C&J’s Sweet Snow, 804 Sherry Lane South 76247 Gary Barksdale, Rocking B Farm & Ranch Service, 14375 Sam Reynolds Road Candace Crawford, Candy Lou’s Crazy Creations, 248 Pine Crest Drive Kelly Eaton, Kelly Eaton Design, 13497 State Highway 114 Brandon Erdmier, C&S Handyman Services, 10882 Hunter Drive Kurtis Fangman, Fangman Lawn Service, 215 Hilltop Drive Tim Francis, DFW Catholic, 1716 Rialto Way Garry Mayes, Christ Covenant Church, 319 W. 7th St. Nathan Odom, JNO Geo Drill, 12630 Heather Brook 76249 Jennifer Chambless, Krum Market Days, 11339 FM1173 Kathleen Malone, Above and Beyond Employment Services, P.O. Box 156 Benjamin Ruvalcaba, Brunch Cafe, 905 E. McCart St., Suite 100 Drew Paschall, Roadside Warrior RSA, 904 Clearview St. Courtney Stokes, A+ Inspection Services, 6241 Hawkeye Road Lindsay Walker, Above and Beyond Pilot Car, 118 Blackforest Road Donald B. Williams, Good Times Vending, 1800 Ripy Road

12524 Lockhart Drive 9725 Orangewood Trail 9801 Orangewood Trail 12505 Pumice Lane 12621 Pumice Lane 12623 Pumice Lane 9913 Silver Rock Way

Gehan Homes 6104 Meandering Creek Drive 6108 Meandering Creek Drive 6609 Meandering Creek Drive Hill Alley St. Properties LLC, 719 Hill Alley St. History Maker Homes 3105 Carmel Hills Drive 3113 Carmel Hills Drive 5513 Marina Drive 5600 Marina Drive 5608 Marina Drive 5612 Marina Drive 5524 Las Lomas Lane 5620 Las Lomas Lane 5608 Wharfside Place 5620 Wharfside Place 5608 Sea Cove Lane 5620 Sea Cove Lane

76266 Shanda Carlton, S&K Realty Team, 2401 Harvest Moon Lane Marva Mitchell Edwards Garrido, Divine Creations, 102 Kincaid Shannon Drake, Shannon A Drake, LMT, 308 Bolivar St. Amber Frisch-Schultz, Alfs Truck Sales, 6660 W. FM455 Dick Hoffman, Amerifab Building Systems, 10966 Lakecrest Drive Kate Larson, Travel by Brandon, 10902 W. Clear Creek Road Allen Monden, Steamline, 902 Bolivar St. Anthony Moore, Tony’s Portable Sawmill, 2226 Hillcrest St. Samual Chase Tipton, First Call Tire Service, 309 S. 2nd St.

Sherman Crossing Development LLC 3816 Sheraton Road 3817 Sheraton Road 3820 Sheraton Road 3821 Sheraton Road 3824 Sheraton Road Triple Crown Properties LLC, 113 S. Crawford

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Hive Management LC, 2817 Megan St. Innovation Builders, 9308 Meadowpark Drive LGI Homes-Texas LLC 4801 Beaver Creek Ave. 4805 Beaver Creek Ave. 4809 Beaver Creek Ave. 4813 Beaver Creek Ave. 4817 Beaver Creek Ave. 4821 Beaver Creek Ave. 4825 Beaver Creek Ave. 4829 Beaver Creek Ave.

76262 Max Barton, Barton Builders/Barton Custom Homes, 13 Edgemere Drive TM Bath Ventures, Corp., Global Recruiters of Las Colinas, 5 Crestwood Drive Jason Cravey, JC’s Que, 15568 Nimble Trail Hanieeh Emam, Golden World Events, 420 Balmora Way David Rose, Quail Creek Range, 13814 FM1171 Jesus A Rodriguez Garcia, Garcia Drywall & Demolition, 800 N. Walnut St. #59 Brandon Howard, Brandon Howard DBA Village Motors, 4325 Dale Earnhardt Way David Hutchison, M.B.A. Transport, 13001 Cleveland Gibbs Road #99 Herman Wyatt Knorr, Diamond K Solutions, 4 Mesa Verde Court Miranda Longoria, Roanoke Automotive, 11695 Airway Blvd. #2 Stephnie Novak, Falling Rock Studio, 1128 Broadmoor Way Shanna Marie Cruse, S M Enterprises, 16399 Chapel Hill Court Desiree Jole Staffel, Addisen Isabella, 5 Hillcrest Court Luke Williams, Roanoke Roasters, 15516 Sweetpine Lane

The KoonsFuller Denton Team: Nicole Carroll, Sean Abeyta*, Charla Bradshaw*, Sarah Darnell*, and James Logue

First Texas Homes Inc, 4123 Boxwood Drive Forestar Real Estate Group Inc 7712 Alders Gate Lane 7800 Alders Gate Lane 7601 Castle Pines Lane 7813 Castle Pines Lane 7809 Echo Hill Lane

76259 Michelle Davis, Roamin Gypsy Boutique, 314 Preakness Lane Shannon L. Hale, Hale Brothers Outdoor Solutions, 4044 C.E. Howard Road Gary Jaramillo, Full Circle Creations Design Studio, 526 Del Mar Drive Matthew Smith, Matt’s Photography, 2341 Amyx Ranch Drive

Denton | 320 West Eagle Drive, Suite 200 | Denton, Texas 76201 | 940.442.6677 *Board Certiﬁed in Family Law by the Texas Board of Legal Specialization. Principal Office in Dallas.

September 2018

Denton Record-Chronicle

CHAMBER SPOTLIGHT #DentonMeansBusiness MEMBERSHIP LUNCHEON

UPCOMING EVENTS

SPONSORED BY TEXAS HEALTH PRESBYTERIAN HOSPITAL DENTON

DENTON COMMUNITY JOBFAIR

August 28, 2018

GOOD SAMARITAN SOCIETY DENTON VILLAGE

WINC LUNCHEON

WINC Power Hour Luncheon • August 29, 2018

Groundbreaking for New Senior Housing

RIBBON CUTTINGS — UPCOMING RIBBON CUTTINGS — Explorium Denton

Monday, Sept 24 • 4pm 5800 I-35 N., #214 Denton, TX 76207

Sprint

Friday, Sept 28 • 4pm 2515 W. University Drive Denton, TX 76201

LashUp BrowDown Celebrating New Location

Tuesday, Oct 2 • 12pm 1721 N. Carroll Blvd. Denton, TX 76201

CASA of Denton County Wednesday, Oct 10 • 4pm 614 N. Bell Avenue Denton, TX 76209

Salted Sanctuary

Thursday, Oct 4 • 4pm 525 N. Elm Street Denton, TX 76201

Interested in Membership? Call 940.382.9693

Rose Costumes Celebrate Change in Ownership

NEW MEMBERS

DENTON CHAMBER OF COMMERCE BOARD OFFICERS Erik Clark..........................................................Chair of the Board Jill Jester ................................................. Chair-Elect of the Board Jim Fykes............................. Immediate Past Chair of the Board Monica Glenn......................................... Vice Chair of the Board

Habitat for Humanity

Greg Johnson ......................................... Vice Chair of the Board Amanda Oringderff ............................... Vice Chair of the Board Rick Wick................................................. Vice Chair of the Board Carrell Ann Simmons .....................................................Treasurer

DIRECTORS

Salted Sanctuary Soap

525 N. Elm Street • Denton 76201 (469) 865-8009

LJ Artisan Designs, LLC

Connections Wellness Group

2515 West University Drive • Denton 76201 (214) 926-6725

Hill & Hill

Highland Rooﬁng and Construction, LLC

Lee Allison • Jason Bodor • Roy Culberson • Sheryl English • Russ Ellis • Gary Henderson • Michelle Houston Amy O’Keefe • Hector Mendoza • Lee Ramsey • Jeff Reecer • Pat Sherman • Randi Skinner

2405 Winthrop Hill Road • Argyle 76226 (940) 594-8833

1005 N Elm Street • Denton 76201 (940) 381-3688

EX OFFICIO DIRECTORS

Alpha Christian Academy

Sentry 10, LLC

Hugh Coleman ................................................................................................................. Denton County Commissioner, Pct. 1 Carine M. Feyten, Ph.D. ........................................................................... Chancellor & President, Texas Woman’s University Kerry Goree..................................................................................................................... Denton Black Chamber of Commerce Mary Horn ................................................................................................................................................... Denton County Judge Bob Moses ............................................................................................................Chair, Denton Convention & Visitors Bureau Larry Parker............................................................................................................ Economic Development Partnership Board Marty Rivers............................................................................................................ Economic Development Partnership Board Neal Smatresk, Ph.D...........................................................................................................President, University of North Texas Charles Stafford ............................................................................................................................Denton ISD Board of Trustees Aaron Newquist .................................................................................................................... General Chair, Leadership Denton Chris Watts.................................................................................................................................................. Mayor, City of Denton

3812 Market Street • Denton 76209 (940) 484-8337

Visiting Angels

501 S. Carroll Blvd • Denton 76201 (940) 387-0395

Krum Market Days

11339 FM 1173 • Krum 76249 (940) 859-0260

Sprint

2701 Shoreline Drive • Denton 76201 (469) 222-3152

3316 Hofstra Drive • Denton 76210 (940) 535-7005

Club Pilates

1312 Teasley Lane • Denton 76205 (940) 218-1810

Irving Realty Group

1506 Pecan Valley Court • Corinth 76210 (940) 268-5629

350 Continental Drive • Lewisville 75067 (540) 980-1223

Live Systems, LLC

2126 Hamilton Road • Argyle 76226 (940) 387-2159

Since January 1, 2018, the Denton Chamber of Commerce and our Denton Convention & Visitors Bureau have promoted the Denton community via: Denton Chamber of Commerce Building: Discover Denton Welcome Center: • 38,186 brochures distributed servicing more than 25,000 people with Denton literature • 7,025 brochures distributed • 1013 Denton maps and 602 Destination Denton relocation guides • 507 Denton maps and 431 Destination Denton relocation guides • 988 walk-in visitors and 1284 phone inquiries • 46,135 walk-in visitors • Most inquiries come from: DFW Area, Houston, Waco, San Antonio, and New York • Most visitors come from: DFW Area, California, Mexico, New York, and Austin

414 W. Parkway Denton, TX 76201 940.382.9693 Denton-chamber.org

In Denton!

America’s Drive-In Daily ur Happy Ho m p 2pm - 4

�� 2450 Brinker Road (940) 387-1000 bwdenton.com

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Denton • Crossroads • Paloma Creek Aubrey • Pilot Point • Sanger • Krum www.sonicdrivein.com/denton

To ﬁnd out how our print, online and mobile advertising programs can help your business grow, call 940-566-6858 or email advertising@dentonrc.com