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Monthly business magazine of the Denton Record-Chronicle.

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Page 1: July Denton Business Chronicle 2011
Page 2: July Denton Business Chronicle 2011

2

Jul.11

DentonBusinessChronicle

Career Advancement

Monthly News Roundup6-1

Funding found for U.S. 380 improvements

State transportation officialshave found funding for much-needed improvements to U.S.Highway 380 west of Denton.

Officials are using leftoverfunds from other projects thatcame in under budget to pay forroadwork improvements includ-ing a stretch of West U.S. 380that has been the site of numer-ous serious traffic accidents.

County officials were frustrat-ed late last year when $74 mil-lion that had been allotted toU.S. 380 construction work wasdiverted by Texas Department ofTransportation officials inAustin to other projects. One ofthe improvements was aplanned widening of U.S. 380 toa four-lane divided highway.

According to a recent TxDOTnews release, the developmentof U.S. 380 from the WiseCounty line to Interstate 35 inDenton will occur in two phases.The western section, Phase I,extends from the Wise Countyline to approximately a half-milewest of FM156. Phase I — whichwill be paid for through localand rehabilitation funds, as wellas $20.5 million in state trans-

portation bonds — is scheduledbe under construction byThanksgiving. The eastern sec-tion, Phase II, extends from justwest of FM156 to I-35.Construction of Phase II couldbegin in spring 2012.

6-2

County mulls hiringfirm to check work

Denton County officials arelooking to increase oversight ofconstruction projects afteraccepting a bid Tuesday forPhase II of the administrativecomplex on Loop 288.

Michael Tubiolo, constructionmanager for the county, told theCommissioners Court onTuesday that he was stretchedthin and was not going to beable to give the necessary atten-tion to the complex.

County officials are contem-plating hiring an outside con-tractor or assigning a countyemployee to monitor work onthe complex.

6-4

Some Robson residentsprotest developer’s plan

Plans for the build-out ofRobson Ranch took a step for-

ward this week, despite objec-tions from some residents whowant to move a planned gasdrilling site away from homes.

The issue now heads to theCity Council for a public hearingand final vote June 21.

The Denton Planning andZoning Commission voted 4-1on Wednesday night to endorseplan amendments that wouldallow Arizona-based RobsonCommunities Inc. to beginbuilding out the rest of the2,700-acre development in farsouth Denton. The retirementcommunity already has about1,250 homes and 2,300 resi-dents.

The developer secured the100-foot setback as part of a2001 plan amendment, accord-ing to city records. RobsonCommunities representativeSteve Soriano said it applies onlyin cases where homes are builtnext to existing well sites. If thehomes were there first, the city’sstricter setback of 1,000 feetapplies, Soriano said.

Although there are someexceptions, city code usuallyrequires at least 1,000 feetbetween gas wells and existinghomes. Homes can be built asclose as 250 feet to an existingdrilling site.

6-5

Ruby’s closes after 24years on the Square

One of downtown Denton’smost popular restaurants will beclosing after 24 years in busi-ness.

Co-owner Ken Willis hasdecided to sell Ruby’s Diner sohe could devote more time to hisfamily.

The space has been purchasedby John Cartwright, who plansto open a new family-stylerestaurant called Cartwright’sRanch House in August.

6-8

Council lowers fees for drilling permits

The Denton City Councilvoted 7-0 on Tuesday to lowermost of its fees on the naturalgas industry after an analysisfound they were too high.

Council members largely fol-lowed a consultant’s recommen-dation and authorized a new feefor annual inspections of gaswells in the city’s extraterritorialjurisdiction, or ETJ — land justoutside a city where it has somelimited powers.

The council did not accept arecommendation to lower the

fee for gas well development siteplans from $7,500 to $3,900.The fee will remain $7,500.

Darren Groth, the city’s newgas well manager, said Mondaythat revenue from the new $580annual fee on ETJ wells could beenough to offset cuts in otherfees. Denton has 237 gas wellsinside the city limits and 1,150 inits extraterritorial jurisdiction,according to the city.

A fee package approved inJuly included a $1,800 annualinspection and administrationfee for ETJ wells, but the councillater revoked the fee for morestudy. Energy industry represen-tatives had argued the fee wastoo high and questioned thecity’s authority to expand its reg-ulations outside city limits.

6-10

Denton location ofMiguelito’s closes

The Denton location ofMiguelito’s Mexican Restaurant,at the corner of McKinneyStreet and Bell Avenue, shut itsdoors Wednesday.

“They were delinquent ontheir rent and so they had to go,”said Greg Richard, property

American Hospice announcedBruce Kemper was recentlynamed area vice president forthe Dallas-FortWorth area.

Kemper hasmore than 30years of healthcare experience,and has beenworking in ahospice settingfor the past 10 years, accordingto a news release.

Kemper previously served asgeneral manager for VITASInnovative Hospice Care.American Hospice has an officein Denton at 300 N. Elm St.

Local busi-ness ownerGene Gumforywas recentlymade an hon-orary cadet bythe DentonHigh SchoolUnited StatesAir Force Junior ROTC. “I have been blessed by theDenton area for many years. Myfocus now is giving back,”Gumfory stated in a newsrelease. “Through programs likethe Junior ROTC, the communi-ty garden and my affiliation withthe Kiwanis Club, I have found away to do that. When peoplework together for the common

good, great things can happen.”Gumfory was recognized for

three years of support for theprogram and its scholarshipaward, the release stated. Hereceived the honor at the annualJunior ROTC banquet, heldApril 29 at the LaGroneAdvanced Technology Complex.

Verus Real Estate Advisorsrecently welcomed three newmembers to its team.

With 25 years of retail andshopping center experience,Stephen Coffey has joined thecompany as senior vice presi-dent of retail and is responsiblefor retail leasing, managementand consulting. Prior to joining

Verus, Coffey, agraduate ofBaylorUniversity, wasvice presidentof leasing forthe SouthwestRegion ofCentroProperties Group.

Amanda Mooney joined the

team as a senior commercialagent. Prior to joining Verus,Mooney was part of Axis RealtyGroup and with the commercialdivision of Sigma RelocationGroup. Mooney is a state-licensed real estate agent andearned an MBA in finance fromTexas A&M University.

Natalia Singer will specializein leasing and tenant represen-tation. Prior to launching hercareer in commercial real estate,Natalia spent seven years work-ing as a certified public account-ant in Russia for a wide range ofclients. Singer holds a degree ineconomics and accounting fromTomsk State University inRussia.

Kemper

Gumfory Coffey Mooney

Singer

| CONTINUED ON PAGE 6

Page 3: July Denton Business Chronicle 2011

Altrusa International Inc. of Dentonmeets for its monthly dinnerand program at Vigne WineShop & Deli, 222 W. Hickory St.Cost is $10 per person. Call940-387-5031 or visitwww.altrusadenton.org.

Wednesday, July 27, 6:30 p.m.

Association of Business ContingencyPlanners, North Texas Chapter has itsmonthly luncheon at H5 Colo,12712 Park Central in Dallas.Cost is $35 per person. Visithttp://northtx.acp-international.com/meetings.htm.

Tuesday, Aug. 2, noon

Aubrey 380 Area Chamber ofCommerce meets at the PrairieHouse Restaurant, 10001 E.U.S. Highway 380 in CrossRoads. Cost is $12 per person.Reservations are required. Call940-365-9781 or e-mail [email protected].

Wednesday, July 20, 11:30 a.m.

Coffee Club and Investment Perspectivehosted by financial adviserKathy R. Bauer of Edward Jonesat 2925 Country Club Road,Suite 101A, in Denton. Call 940-382-0280.

Thursday, July 21, 9 a.m.

Thursday, Aug. 18, 9 a.m.

Denton Black Chamber of Commercemeets at the Denton HousingAuthority, 1225 Wilson St.

Tuesday, Aug. 9, 6 p.m.

Denton League of United LatinAmerican Citizens No. 4366 meets atEl Chaparral Grille, 324 E.McKinney St.

Saturday, July 16, 8:30 a.m.

Denton Planning and ZoningCommission meets in the councilchambers at City Hall, 215 E.McKinney St.

Wednesday, July 17, 6:30 p.m.

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

Hickory Creek Planning and ZoningCommission meets at HickoryCreek Town Hall, 1075 RonaldReagan Ave.

Wednesday, Aug. 3, 7 p.m.

Home Builders Association of GreaterDallas, Greater Denton Division hasits monthly meeting and lunch-eon at the Prairie House restau-rant, 10001 U.S. Highway 380in Cross Roads. Cost is $15 forassociates and builders withreservations and $18 for walk-ins. Call 940-383-0853.

Tuesday, July 26, 11:30 a.m.

Krum Chamber of Commerce holds itsmonthly meeting at NorthstarBank, 1101 E. McCart St. inKrum. Call 940-482-6093.

Thursday, Aug. 4, 6:30 p.m.

Lake Cities Chamber of Commercemeets for coffee at Lake DallasCity Hall, 212 Main St.

Wednesday, July 20, 7:15 a.m.

(hosted by the O’Connell Law Firm)

Wednesday, July 27, 7:15 a.m.

(hosted by SMB Marketing LLC)

Wednesday, Aug. 17, 7:15 a.m.

(hosted by Choice Carpet Cleaning)

Lake Cities Netweavers business net-working group meets at theIHOP restaurant off Interstate35E in Hickory Creek. Cost is$12 and includes breakfast. E-mail [email protected].

Thursday, July 21, 8 a.m.

Thursday, July 28, 8 a.m.

Thursday, Aug. 4, 8 a.m.

Thursday, Aug. 11, 8 a.m.

Lake Dallas 4A Economic DevelopmentCorp. meets at Lake Dallas Muni-cipal Complex, 212 Main St.

Monday, Aug. 1, 7 p.m.

Lake Dallas 4B CommunityDevelopment Corp. meets at LakeDallas Municipal Complex, 212Main St.

Monday, Aug. 8, 7 p.m.

NAACP, Denton County Chapter meetsat the Denton HousingAuthority, 1225 Wilson St.

Thursday, Aug. 11, 7 p.m.

North Texas Society for HumanResource Management meets atHoliday Inn Hotel and Suites,1434 Centre Place Drive inDenton. Cost to attend is $18 formembers and first-time guestsand $23 for returning non-members. Visit www.northtexasshrm.org.

Thursday, Aug. 25, 11:30 a.m.

SCORE, the Service Corps of RetiredExecutives, offers free manage-ment counseling for prospectivenew business owners or existingbusinesses in trouble.Confidential, one-hour counsel-ing sessions are available byappointment every Wednesdayat South Branch Library, 3228Teasley Lane. Call 940-349-8752.

Wednesday, July 20, 9 a.m.

Wednesday, July 27, 9 a.m.

Wednesday, Aug. 3, 9 a.m.

Wednesday, Aug. 10, 9 a.m.

Small Business Breakfast meetingsponsored by the NorthCentral Texas College SmallBusiness Development Centerat the Denton Chamber ofCommerce building, 414 W.Parkway St. A light breakfast isprovided. Call 940-380-1849.

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

Women Business Owners of DentonCounty will hold its monthlyluncheon at Oakmont CountryClub, 1901 Oakmont Drive inCorinth.

Tuesday, Aug. 2, 11:30 a.m.

Please tell us about your event or

meeting by e-mailing Karina Ramírez

at [email protected], by fax at

940-566-6888; or by mail to DBC

Calendar, Denton Record-Chronicle,

314 E. Hickory St., Denton, TX 76201.

She also can be reached at

940-566-6878.

3

Jul.11

DentonBusinessChronicle

IndexJonathon Fite | 4Other Enterprising

Voices | 6, 9Career

Advancement | 2Mixers | 5, 7, 9-11Monthly News

Roundup | 2, 6, 21Vital Statistics

| 17-20, 22, 23

Who to contactDawn Cobb Managing Editor

940-566-6879 | [email protected]

Sandra Hammond Advertising Director940-566-6820 | [email protected]

Shawn Reneau Advertising Manager 940-566-6843 | [email protected]

July 2011 Contents |

July 2011 | Vol. 7, No. 5

Publisher: Bill Patterson

The contents of this free publication arecopyrighted by Denton PublishingCompany, 2011, a subsidiary of A.H. BeloCorp. (www.ahbelo.com, NYSE symbol:AHC), with all rights reserved.Reproduction or use, without permission,of editorial or graphic content in anymanner is prohibited. Denton BusinessChronicle is published monthly byDenton Publishing Company, 314 E.Hickory St., Denton, TX 76201. E-mail:[email protected]

Calendar of Events

Editor’s Note5 | DR. ED CLEARS IT UP

Chamber speakerexplains how the stub-born housing market isdragging down our econ-omy.

On the coveriStock illustration

Page 4: July Denton Business Chronicle 2011

“I would continue to operate ifI had some really first-classideas. However, I just don’t seeanything available. ... Therefore,we will be liquidating holdingsthroughout the year.”

— Warren Buffett in a 1969partner letter, at a time when

stocks were overvalued “I feel like an oversexed guy in

a harem. This is the time to startinvesting.”

— Warren Buffett in Forbes,after the 1974 market crash

For value investors, themantra is: “Be greedywhen others are fearful;

be fearful when others aregreedy.” This column has strivedto demonstrate that contrarianmindset. When the market gottoo ebullient early this year, I

urged readers to be cautious,hold plenty of cash and patientlywait for stocks to get cheaper(see my April column: “Real in-vestors should hope stocks fall”).

More recently, gloomreturned to the markets.Spooked by turmoil in theMiddle East, the tragic earth-quake and tsunami in Japan, theeurozone debt crisis and angstabout U.S. economic policies,

many individual investorsrushed to the exits. As a result,many wonderful, world-domi-nating companies have becomecompelling investments (see myMay column: “Quality ischeap”). In our investment fund,my business partner and I areputting cash to work.

We expect such boom-bustcycles of greed and fear to con-tinue for several years. The mar-ket is likely to be range-bound,exhibiting powerful rallies andsharp corrections along the way,but with little net movementoverall. In such a market, pas-sive “buy and hold” investmentstrategies that flourished in thebull market of the 1980s and1990s would languish.

What investing strategiesmight succeed in a range-bound

market? Let’s look at what hap-pened during the last range-bound market, between 1966and 1982. The stock marketended that 15-year period nearlyflat (with huge turbulence alongthe way, including the crash of1973-74). During the same peri-od, Warren Buffett grew thevalue of his company, BerkshireHathaway, by fifty-fold! Mr.Buffett achieved these astound-ing returns mainly by employinga rigorous “buy and sell” valueinvesting strategy. When stocksbecame overvalued in the ebul-lient market of 1969, he soldmost of his investments. Thenhe bought stocks hand over fistwhen wonderful companiesbecame cheap in the 1973-74crash and again in 1979.

Let’s further examine what

“buy and sell” value investingentails. First, we estimate theintrinsic value of a company bycarefully analyzing its assets,earning power and growthprospects of the underlying busi-ness. Second, we wait patiently,and buy only when market tur-moil brings the stock price ofthat company down to a deepdiscount to its intrinsic value.Finally, we wait patiently for thestock price to rise to its intrinsicvalue, and sell it promptly at thattime. Unlike a bull market, thereis no “rising tide” lifting all stocksin a range-bound market, so it iscrucial to be disciplined through-out the investment process.

These principles serve as acompass to guide portfolio man-agement in range-bound mar-kets. In late 2010 and early2011, quite a few of our holdingsrose to their intrinsic value, and

4

Jul.11

DentonBusinessChronicle

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Enterprising Voices

Prospering in range-bound markets

FITE | CONTINUED ON PAGE 5

Page 5: July Denton Business Chronicle 2011

The state of the U.S. econ-omy became clearer at arecent Denton Chamber

of Commerce luncheon.In less than half an hour, we

learned about catfish recovery;that U.S. government bonds areconsidered a safe haven in manycountries; that despite reports tothe contrary, the U.S. is still No.1 in goods and services; and thathousing is the reason our econo-my is still shaky.

It’s a lot to pack into a shortspeech. But Dr. Ed Seifried didjust that and more. He deliveredthe hows and whys in a clear,concise, understandable man-ner.

Now, a little bit about thespeaker. Dr. Ed, as he is nowknown, is professor emeritus ofeconomics and business atLafayette College and has ledthe educational programs asdean for the West Virginia andVirginia banking schools.Currently, he serves as executivedirector of the SheshunoffAffiliation Programs, which pro-vides high-performance educa-tion and idea exchanges forcommunity bank CEOs, lendersand technology/operations offi-cers.

At the invitation of TonyClark, CEO of Northstar Bank,sponsor of the chamber lunch-eon, Dr. Ed spoke to the com-mon businessman and -woman.

Despite financial woes inGreece and recovery from a dev-astating tsunami in Japan, Dr.Ed said, the U.S. still is consid-ered the safest harbor for invest-ments in the world, especiallywith its ranking as the world’sNo. 1 producer, with $15 trillionin goods and services, comparedto the No. 2 producer, China,with $5 trillion.

But why are we four yearsinto the current recovery andstill have a zero federal fund rate(the rate of interest on loans

between banks)?Well, in terms used by the

Wall Street crowd, Dr. Ed calls itthe “case of the missing dead-catbounce.”

(No animals were harmed inthe use of this metaphor.)

In essence, most long anddeep economic collapses resultin robust rebounds. This one didnot.

Let’s go back to that dead cat.If dropped from a high place, adead cat bounces back morethan a live one, because the liveone would position itself tocushion the landing.

In the Great Recession, eco-nomic recovery has not followedthe same patterns as in pastrebounds.

Why?Simply stated, Dr. Ed says, it’s

the housing market.Catfish recovery now comes

into play. Like catfish, which liveand feed on the bottoms of lakesand streams, the current recov-ery is doing the same thing. (It’sanother Wall Street analogy.They apparently like animals.)

Other economic factors areperforming as usual.

The GDP (or gross domesticproduct) is up; consumer spend-ing is up by a half-percent eachof the past four years; the percapita savings rate rose to 4.9percent from an earlier 1.5 per-cent; and even unemploymenthas slid slightly down the scalesome four-tenths of a percent-age point.

But housing figures are notshowing any signs of recovery —they’re continuing to fall, unlikein past economic rebounds.

“Something is wrong with therecovery,” the economist says.

Estimates show the U.S. haslost some 2 million householdsas couples delay marriage andchildren return home after col-lege graduation.

And saddled with mortgagesthey can’t unload, fewer peoplecan afford to move to follow thejob market. Because many peo-ple cannot sell their homes andmove to find a new job, unem-ployment is 1 percent to 1.5 per-cent higher than it would beotherwise.

In a recent 1,300-mile tripthrough the Northwest, Dr. Edrecorded the number of U-Haultrucks he saw. He saw only one.

During the Great Recession,figures show, the amount ofequity in homes across Americafell from $14.9 trillion in thefirst quarter of 2006 to $6.3 tril-lion at the end of 2010.

The economic downturnerased $8 trillion in wealth, Dr.Ed says.

With less wealth, different lifedecisions are made. And anexpected robust rebound stalls.

To recover, an estimated 1.3million to 1.4 million new homesmust be built.

The economy, and especiallythe housing market, is affectingAmericans across the board.

“It’s changing the way wereview life,” Dr. Ed says.

For more information aboutDr. Ed Seifried, visit www.SeifriedBrew.com. It will be wellworth your time to get a handleon just how this whole economicsituation works.

DAWN COBB can bereached at 940-566-6879. Here-mail address is [email protected].

5

Jul.11

DentonBusinessChronicle

we decisively exited and addedto our cash hoard. Many of thesewere “special situations” inwhich the underlying businesssituations worked out positivelyin line with our analysis.

Another set of holdings alsorallied strongly, but we haveheld on, since our appraisal oftheir intrinsic value has alsoincreased! This second categorymainly includes world-dominat-ing companies whose profits andcompetitive advantages actuallystrengthened during the down-turn as weaker competitors havewithered.

A third category of holdings isstocks that rose during the rally,but were still trading well belowtheir intrinsic value. Some ofthese have declined in price inrecent weeks. We are exploitingthis opportunity to put addition-al cash into these, as well as intonew bargains. The strict tie witha stock’s intrinsic value in alldecisions is crucial. It enables usto think clearly about what reallymatters, and not succumb to the

market’s herd mentality. Also, ithelps us avoid straying awayfrom true investing into activetrading, which serves mainly toenrich brokers, not investors.

The discipline of “buy and sell”value investing is demanding,but the rewards are well worth it.The range-bound market of1966-82 spanned a periodmarked by massive deficits fromwars and spending on social wel-fare programs to soaring infla-tion, oil price shocks, high unem-ployment and a declining U.S.dollar. Through this strategy, Mr.Buffett was able to dramaticallygrow his investors’ wealth amidharrowing economic conditions.In a world facing similar prob-lems, it just might be the best betfor smart investors seeking out-sized returns.

JONATHAN FITE is managing partner of KMFInvestments and a professorwith the College of Business at the University of NorthTexas. Comments may be sentto [email protected].

Editor’s Note Enterprising Voices

Business Mixers

FITE | CONTINUED FROM PAGE 4

Dawn COBB |

Housing market keepingrecovery on ground floor

Photo by Karina Ramírez

Hispanic Women’s Network of Texas state chairwoman Mary AnnKellam, left, attends the reorganization meeting of the group’s Dentonchapter. She is pictured with Denton chapter members MaricelaAlvarado, Isabel Ramos, Ana Dowden, Tomasa Garcia, JuanitaGuajardo, Bellann Hyten and Diana Coral at the meeting, held June 27at Los Toreros.

Hispanic Women’s Network of Texas

Page 6: July Denton Business Chronicle 2011

manager with TNT Properties.“That’s the reason that theymoved out and are no longer inbusiness.”

Owner Danny Serna couldnot be reached for comment.

The Miguelito’s restaurants inKrum and Sanger are under dif-ferent ownership and will not be

closing, managers at those loca-tions said.

6-11

Commercial foreclosurepostings up for year

According to the latest re-ports, a total of 191 commercial

6

Jul.11

DentonBusinessChronicle

GM

Enterprising Voices

Monthly NewsRoundup

Denton a city ofgreat partnerships

When I visit with com-panies consideringDenton as a site for

their business location or expan-sion, they always seem to beinterested in our city’s commit-ment to environmental sustain-ability and focus on energy effi-ciency. The fact that Denton isan actively environmentallyconscious community hasalways helped set us apart fromcommunities of comparable size.

I have always felt that Dentonhas a great story to tell and thatwe have the bragging rights toback it up.

An example of this is the city’sfleet services division, which wasrecently recognized as No. 20 ofthe top 100 North Americanfleets. Since I’m always tellingDenton’s “green” story, thisinterested me — so I called thecity’s fleet superintendent, MikeEllis, to get more information.

During our conversation, Mr.Ellis told me that 60 percent ofthe city’s diesel-power fleet runson bio-diesel and 19 percent ofits light-duty fleet runs on E85(85 percent ethanol).

I was also told that 75 percentof the heavy truck fleet arePeterbilt trucks. Mr. Ellis told

me how he works closely withPeterbilt engineers, evaluatingcomponents and technologiesand tailoring them to Denton’soperational needs to achieveoptimum fuel economy, reducedemissions and cost savings. Iwas pleased — and impressed —that the city partners with one ofits largest private employers toachieve these goals.

The story of Denton has justgotten better. Now, when I meetwith business prospects, I can tellnot only of our sustainability, butof our great partnerships, as well.

KAREN DICKSON is vicepresident of economic develop-ment for the Denton Chamberof Commerce. She can bereached at 940-382-7151. Here-mail address is [email protected].

Karen DICKSON |

| CONTINUED FROM PAGE 2

| CONTINUED ON PAGE 21

Page 7: July Denton Business Chronicle 2011

7

Jul.11

DentonBusinessChronicle

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Business MixersPilot Point Chamberof CommerceThe Pilot Point Chamber ofCommerce held a renewal eventfor The Bridges Golf Club, 2400Fred Couples Drive in Gunter, pic-tured at right. The chamber alsonamed Chandler Cabinets, a fam-ily-owned and -operated businesssince 1975, the Business of theMonth. Chandler Cabinets islocated at 901 E. McDonald Drive.

Page 8: July Denton Business Chronicle 2011

By Charla H. BradshawManaging Partner, Koons Fuller

The Texas Legislature passedthree primary changes to theTexas Family Code during the2011 session. The most impor-tant change for divorcingspouses is expansion of thestatute authorizing alimony,formerly called spousal main-tenance. Another importantchange is passage of a statu-tory remedy for economicfraud. And at last, we have aremedy for mistaken paternityor paternity fraud.

EXPANDED SPOUSAL MAINTENANCE

(ALIMONY)

There is a mistaken belief in Texas that we do

not have alimony. We have had alimony,

termed “spousal maintenance,” since 1995, as

part of the Welfare Reform Act. And we have

always had alimony by agreement between

divorcing spouses.

The 1995 statute remained basically un-

changed until this year, but it was never wide-

ly available because of its tight restrictions.

The Legislature completely overhauled the

spousal maintenance statute. It is located in

Chapter 8 of the Texas Family Code and

applies to all divorce cases filed on or after

Sept. 1, 2011. The amount of spousal mainte-

nance was increased from $2,500 to $5,000,

or 20 percent of gross earnings, whichever is

less, to provide for the spouses’ “minimum

reasonable needs.” Those “needs” are not

defined in the statute and will be considered

by the court on a case-by-case basis.

Besides the amount being increased, spousal

maintenance is more readily available to a

wider group. When a spouse or child is a vic-

tim of family violence, the spouse is eligible

for maintenance if he or she lacks sufficient

property and earning ability to provide for

minimum reasonable needs. In cases not

involving family violence, a spouse who has

been married for at least 10 years and lacks

sufficient property and earning ability can

seek support.

For those who are not victims of family vio-

lence, the length of the marriage determines

the duration of support. In the case of family

violence or spouses who have been married

for at least 10 years but not more than 20

years, the asking spouse may receive mainte-

nance for no more than five years. If the

spouses were married for at least 20 years

but not more than 30 years, the duration of

maintenance is no more than seven years. If

the spouses were married for 30 years or

more, the spouse seeking maintenance may

receive it for no more than 10 years.

A REMEDY FOR ECONOMIC FRAUD

Economic fraud in divorce cases is not

uncommon. The courts have always had the

ability to provide for economic fraud in a

divorce, but the new statute directs the court

to recalculate the estate as if the fraud had

not occurred. The new recalculated estate is

termed the “reconstituted estate.” Once the

court makes this calculation, the court then

divides the reconstituted estate. The court

can remedy the wronged spouse dollar for

dollar when the court divides the community

property, award the wronged spouse a money

judgment, or both. This new statute can be

found in Texas Family Code Section 7.009.

MISTAKEN PATERNITY OR

PATERNITY FRAUD

At last we have a remedy for mistaken pater-

nity or paternity fraud. The new statutes allow

a man who thought he was the father and

then learns later he is not, to file suit to de-

establish his paternity without having to bring

another prospective father into the suit. If a

man is determined by the court to not be the

biological father, any child support he is

ordered to pay stops immediately, except

unpaid child support is still due.

Beginning Sept. 1, 2011, a man has one year to

file suit from the date on which he becomes

aware that he is not the child’s biological father.

It does not matter if the parties were married

or divorced. If it will cause mental harm to the

child, the judge may award visitation to the

man who is not the father; however, he can no

longer be ordered to pay child support.

8

Jul.11

DentonBusinessChronicle

ADVERTISER SPOTLIGHT: KOONS FULLER

WHAT’S NEW IN THE TEXAS FAMILY LAW STATUTES?

ABOUT CHARLA BRADSHAWDuring the past session of the TexasLegislature, Denton family lawyer Charla H.Bradshaw, a managing partner with the familylaw firm of Koons Fuller, served as a memberof the legislative committee for the Family LawSection of the State Bar of Texas. In thiscapacity, she helped to write the three impor-tant bills that became law during this session,testified before the lawmakers and lobbied fortheir passage. Correcting problems relating tospousal maintenance was especially close toher heart.

The Denton-based attorneys of Koons Fuller are, from left, Eric Navarrette, Amber Rechner, Denton managing partner Charla Bradshawand Sean Patrick Abeyta. The Koons Fuller office is located in the Access 1st Capital Bank Building, 320 W. Eagle Drive, Suite 200. Tocontact Koons Fuller, call 940-442-6677 or visit www.koonsfuller.com.

Page 9: July Denton Business Chronicle 2011

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Jul.11

DentonBusinessChronicle

Enterprising Voices

Business Mixers

LEAD takes the batonOur new LEAD program

officially kicked off inJune, and its three

coalitions — host, outreach andwelcome — are getting to workon their specific tasks and goals.

Chairwoman Gina Atkinsonis leading this program, whichbasically takes the previous con-cept of chamber ambassadorsand splits their prior responsi-bilities according to individualexpertise and knowledge.

For instance, logistical sup-port for membership luncheonsand mixers is supplemented bythe host coalition, headed byErik Clark and Phyllis Pittman.

Mike Pope and Albert Welchare coordinating the outreach

coalition, which is basically anew member-retention system.Like with most businesses, it’sactually a lot easier to keep themembers we already have thanto get new ones.

The welcome coalition, head-ed by Eric Mueller and Zach

Tucker, will build relationshipswith new members, includingribbon-cuttings and new-mem-ber orientations.

Larry Parker, the chamber’smembership development divi-sion officer, recently facilitatedan extensive retreat for theentire LEAD delegation, focus-ing on the group’s overall struc-ture, benefits of the website, andclarifying procedures for hostingand coordinating specific activi-ties.

CHUCK CARPENTER ispresident of the DentonChamber of Commerce. He canbe reached at 940-382-9693 [email protected].

Chuck CARPENTER |

Texas Health PresbyterianHospital DentonEmployees of Texas Health PresbyterianHospital Denton express their support ofthe NBA champion Dallas Mavericks.

Shown are members of the admissions, reg-istration, nursing and scheduling depart-ments (above) and health information man-agement department (right).

Page 10: July Denton Business Chronicle 2011

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Page 11: July Denton Business Chronicle 2011

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DentonBusinessChronicle

Business MixersGreater Denton/Wise County Associationof RealtorsMembers of the Greater Denton/Wise County Association of Realtorsheld a spring cleaning at the Nelson Children’s Center on May 4. Thereal estate agents and others affiliated with the agency scrubbed thecenter’s walls and windows and performed other tasks for the home,which serves more than 100 abused and/or neglected children annu-ally.

Cleanup volunteers Sarah Chuculate, left, Michelle Neely, BrandieKitchens, Dorothy Cook, Kara Phelps, Sallie Griffith and Dee Beavers

Small BusinessDevelopmentCenterStewart Lowery, left, owner ofLowery Motor Service inLewisville, talks with MikeJacob, certified business develop-ment specialist with the SmallBusiness Development Center atthe new Flower Mound campusof North Central Texas College.Entrepreneurs and businessowners like Lowery in southernDenton County now have accessto a wide range of free consultingservices through the center.

Page 12: July Denton Business Chronicle 2011

Bobby Mullins, 27, and YianniArestis, 25, hope to openDenton’s first microbrewery,Armadillo Ale Works, anddecided to take an unconven-

tional approach to getting thenecessary startup cash by usingcrowd funding.

Crowd funding is a growingtrend among musicians, artists,

filmmakers and entrepreneurswho tap into social networks,friends, family and fans to helpfund their current project —whether it’s a new album, docu-

mentary or, in this case, micro-brewery.

Mullins and Arestis have beenbrewing beer in Mullins’ par-ents’ garage, but they’re quicklyoutgrowing the space. Theydecided to upgrade to a biggerfacility with proper equipment.

After seeing other breweriessuccessfully raise money onKickstarter.com, one of severalcrowd funding websites thathave sprung up in the past fewyears, they decided to give it atry.

They received approvalthrough Kickstarter and begantheir campaign. Kickstarter, likeother crowd funding websites,charges a fee for its promotionalservices. Unlike many websites,however, Kickstarter doesn’tcharge unless the project reach-es its funding goal by a set dead-line. If that happens, the websitetakes 5 percent.

Through its Kickstarter page,the Armadillo guys offered a lit-tle incentive to anyone interest-ed in pledging money to their

12

Jul.11

DentonBusinessChronicle

Cover Story

All in this togetherTwo guys with a dream, plus a goal of raising$30,000 in 45 days — it seems like an unlikelyequation for success. But add a crowd funding web-site, multiply by 371 backers — and those two guysare $4,000 over their goal.

The owners of Armadillo AleWorks throw a fundraiser atSimone Lounge on June 18.The event was organized onFacebook and Kickstarter.

Photo by David Minton

By Rachel Mehlhaff

Page 13: July Denton Business Chronicle 2011

cause. Gifts were offered at eachpledge level — from a sticker fora $5 pledge, to an invitation to aprivate beer-tasting for a $250pledge, to the privilege of nam-ing one of the brewery’s tanksfor a $5,000 pledge.

On June 16, with 14 days togo, the pair had raised about$13,000. Mullins said he felt“confident” their goal would bemet.

As the weeks passed, his con-fidence didn’t falter. He hadtalked with other breweries whohad used the website and theyadvised him that there would bea bump in giving at the begin-ning, a slow gradual climb in themiddle and then another jumpat the end.

“About halfway through [thecampaign], I started to get a lit-tle nervous,” Mullins said.

On June 18, the Armadilloguys held a concert andfundraiser at Simone Lounge inDenton, offering the crowdtastes of their product. A com-puter was set up so fans couldmake donations during theevent. Then on June 23, withabout a week left in the cam-paign, the pair had raised justover $21,000.

“It’s going really, really well,”Mullins said at the time. “I’mpretty positive we are going tohit [our goal]. We’ve had a lot ofreally great support from peo-ple.”

A HIP-HOP TOURBryan Rodecker, the Denton

hip-hop artist known asInfidelix, is planning a late-sum-mer tour with fellow hip-hopartists Qwazaar, Hellsent andMajor Rayne — and they’reusing the crowd funding websiteIndieGoGo to help make it hap-pen.

Rodecker said it costs a lot tofund a tour, not to mention themoney lost because he’s takingtime off from his job to tour.And unless they’re part of a big-name band, he said, musiciansare going to spend more thanthey make when they tour.

He’s set a goal of $2,000; byJuly 5, $222 had been pledged.

“There’s a lot that goes into itbesides our music,” he said, suchas lodging, gas, food and promo-tions. Rodecker said a successfultour is one that requires no out-of-pocket expenses.

“In this economy, it would beimpossible to do it on my own,”he said.

IndieGoGo, which has beenaround since 2008 and has hadabout 30,000 campaigns, wasoriginally established to helpfilmmakers raise money. Itexpanded to all industries in2009.

Rodecker will get the moneypledged during the campaignregardless of whether the goal ismet — one of the biggest differ-ences between Kickstarter andIndieGoGo. But if the goal isn’tmet, instead of IndieGoGo tak-ing a 4 percent cut, it takes 9percent.

Musicians still trying to build

their name are looking moreand more to the fans to helpsupport their dream, Rodeckersaid, because it is harder to getthe startup money to get thosedreams off the ground.

“Sponsorships,” he said, oncethe backbone of the musicindustry and especially smallerartists, “are a thing of the past.”

Rodecker said one of the tour-

ing artists wasn’t keen on theidea of crowd funding; he didn’tthink it was right to ask fans formoney. Rodecker disagrees.

“If you want to get money,” hesaid, “you have to go to the peo-ple.”

FEATURING LOCALARTISTS

Jake Laughlin, 22, hopes to

start an online radio station fea-turing local artists. There is a lotof undiscovered talent inDenton, he said, and this stationcould “build up the music scene.”

He wants the website,DentonRadio.com, to be some-thing the community can have ahand in creating, he said —

13

Jul.11

DentonBusinessChronicle

Photo by Barron Ludlum

Denton hip-hop artist Bryan Rodecker, aka Infidelix, is using IndieGoGo to raise money for an upcoming tour.

Yianni Arestis,left, and BobbyMullins ofArmadillo AleWorks hold theirbrewing ingredi-ents June 29 inMullins’ parents’garage. The twomen launched aKickstarter.comcampaign to helppay for a move tobigger, better-equipped brew-ing facilities.

Photo by DavidMinton

“If you want to

get money, you

have to go to the

people.”

— Bryan Rodecker,

Denton hip-hop artist

| CONTINUED ON PAGE 14

Page 14: July Denton Business Chronicle 2011

which is why he turned to thecrowd-sourcing websitePeerbackers to get the startupmoney he needs to hire Webdesigners and pay accountantsand lawyers.

Peerbackers, which officiallylaunched in January, is one ofthe newest crowd funding web-sites. But in that time, it’s hadmore than 300 campaigns.Unlike Kickstarter andIndieGoGo, Peerbackers focuseson business entrepreneurs look-ing to raise money for their newventure.

On Peerbackers, if campaignsfulfill their pledge gifts, theorganizer can keep the money,even if the goal isn’t met.Laughlin’s goal is $2,000, andhis pledge gifts range from freemusic downloads for a $5pledge to his “eternal love” for a$100 pledge.

Despite the risks, he still con-siders crowd funding to be “areally, really fantastic idea.”

SOCIAL MEDIA: THE DRIVING FORCE

Crowd funding isn’t a newidea. Take, for example, theStatue of Liberty, says EricaLabovitz, IndieGoGo’s market-ing director.

According to the NationalParks Service, while France gift-ed, constructed and delivered

the statue itself, the UnitedStates was responsible for fund-ing and building its pedestal.The U.S. government tried vari-ous fundraisers for the pedestal,such as selling items with thestatue’s image on them, but withlittle success. Then Joseph

14

Jul.11

DentonBusinessChronicle

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— Rachel Mehlhaff

Cover Story| CONTINUED FROM PAGE 13

Photo by Barron Ludlum

Jake Laughlin is using Peerbackers.com to raise money for an onlineradion station, DentonRadio.com.

| CONTINUED ON PAGE 15

Page 15: July Denton Business Chronicle 2011

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Pulitzer stepped in and used hisnewspaper, The World, to publi-cize the fundraising efforts.

Now, with the popularity ofsocial networking, creative peo-ple are going online to findbackers.

“What’s happened is socialmedia and the Internet havemade it easier for people to con-nect all over the world,” Labovitzsaid.

She said crowd funding web-sites have really exploded in thepast couple of years.

Andrew Rachmell, co-founderof Peerbackers, said the websiteshelp take away the awkwardnessof asking for money. Instead ofhaving to ask people directly forsupport, they can send them to awebsite where the project isexplained with a video, wherethe different pledge levels andgifts are listed.

It’s easy for people to tell theirstories with very little cost, hesaid.

“I think people want to createtheir own destiny,” Rachmellsaid. “They want to be more incontrol.”

That’s why more and morepeople are starting their own

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Page 16: July Denton Business Chronicle 2011

Cover Story16

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DentonBusinessChronicle

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businesses, he said. “Think about the challenges

for entrepreneurs to raise start-up capital,” he said. “It’s tough toget money to start a business,especially in this economy.”

With online crowd fundingcampaigns, Rachmell said it’simportant to make frequentupdates about the effort, to stayconnected to the social network.

Rachmell said the amount ofmoney a project can raise isdependent on the size of theperson’s social network. Themore people in a person’s net-work, the more money he or shewill raise.

“The one major factor that’smaking this possible is socialmedia,” he said.

TIMES CHANGE, BASIC CONCEPT DOESN’T

Even though fundraising haschanged with the Internet ageand the explosion of social net-working, “it still boils down torelationships,” said Herbert Holl,director of the University ofNorth Texas’ Institute for theAdvancement of the Arts.

Holl, who spent about 25years raising money for nonprof-

its, said communication is at theheart of all fundraising, becauseat some point one person has toask another person for money —and make the cause seem worthit.

“In a nutshell, the basis offundraising has not changed,” hesaid.

Though fees may make theprocess seem more costly, Hollsaid, crowd funding websitesactually reduce the expense offundraising. Less money isspent on keeping supportersinformed, because now all ittakes is a post on a websiteinstead of a mailed newsletteror invitation.

Crowd funding also gives people a chance to donate to a

| CONTINUED ON PAGE 18

| CONTINUED FROM PAGE 15

“In a nutshell,

the basis of

fundraising has

not changed.”

— Herbert Holl, former

executive director for the

Greater Denton Arts

Council

Page 17: July Denton Business Chronicle 2011

17

Jul.11

DentonBusinessChronicle

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| CONTINUED ON PAGE 18

Page 18: July Denton Business Chronicle 2011

18

Jul.11

DentonBusinessChronicle

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specific effort, rather than agroup in general, Holl said,which makes the process morepersonal. Holl said that while hewas executive director of theGreater Denton Arts Council, hefound it easier to raise money tobuild a theater than to raisemoney for general operating andprogram expenses.

But, Holl said, when you digbeneath the layers of fundrais-ing, it’s still about people.

“I was always amazed at howgenerous people can be,” Hollsaid.

HOPING FOR SUCCESSZach Balch’s Kickstarter cam-

paign — to raise money for hisfull-length debut album — wasfully funded May 10, and he’s stillnot quite sure how it happened.

The Denton musician wantedto raise $6,000, and with threehours left, he was more than$3,000 shy of that goal.

In that three hours, $3,500was pledged.

“There’s no telling” how somuch money was raised soquickly, Balch said. “A couple[of] key people jumped on. ... It’sa very team-oriented activity.”

In the two months since thecampaign was funded, Balch hasbeen working on his album,which he must finish in order tosend out pledge gifts.

“I can’t wait to start payingthese people back,” he said. Inthe meantime, he keeps his sup-porters updated on his projectonline.

Armadillo Ale Works willsoon be in a similar boat. The

campaign ended June 30, andMullins and Arestis raised about$34,000, reaching their goalwith 28 hours to go — but thepledges continue to come in.

“The last pledge, oddlyenough, was $1,” Mullins saidJuly 1.

Meeting their KickStartergoal is just the beginning for thetwo beer fans. They will have tomeet with lawyers and investorsto continue the process, withhopes of opening in the nextyear to year and a half.

Rodecker, the hip-hop artist,said his tour will happen whetherhe reaches his goal of $2,000 byAugust or not, but it will makemoney tight. He plans to use themoney he raises for gas.

“Hopefully with the people’ssupport, [the tour] will be suc-cessful,” he said.

Laughlin, the creator ofDentonRadio.com, said if thecampaign is fully funded, hecould get the website up by thestart of the school year.

If it isn’t funded, that isn’t theend of DentonRadio.com.

“It will slow us up a bit,”Laughlin said. “I’m pretty confi-dent we’ll get it done in time.”

RACHEL MEHLHAFF can be reached at 940-566-6889. Her e-mail address [email protected].

Cover Story| CONTINUED FROM PAGE 16

Vital Statistics

Lease: Porter-Nicholson (SA)Operator: Devon Energy Production Co. LPLocation: 1231.15-acre lease, Hrs C. Manchaca Survey,A-789; 1.7 miles E of PonderField: East Newark (Barnett Shale)Total Depth: 9000'

Lease: Porter-Nicholson-Malone (SA)Operator: Devon Energy Production Co. LP

Location: 1580.11-acre lease, Hrs C. Manchaca Survey,A-789; 1.7 miles E of PonderField: East Newark (Barnett Shale)Total Depth: 9000'

Lease: T.D. RichardsOperator: Devon Energy Production Co. LPLocation: 479.78-acre unit, J.C. Jack Survey, A-659; 2.5miles N of KrumField: East Newark (Barnett Shale)Total Depth: 9500'

| CONTINUED FROM PAGE 17

“I can’t wait to

start paying

these people

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— musician Zach Balch

OIL AND GAS LISTINGS

Page 19: July Denton Business Chronicle 2011

FEDERAL TAX LIENSNAME/ADDRESS TYPE AMOUNT REC. DATEAlfonso A. Arevalo, 102 Ryan St., Aubrey 1040 $11,865.83 03/28/2011Ana Zamora, 1032 Wagon Trail Drive, Little Elm 1040 $43,692.23 03/28/2011Bryan C. Bellah, 510 N. Main St., Aubrey 1040 $35,584.93 03/22/2011Daniel J. Bell, 920 Cruise St., Denton 1040 $26,765.73 03/22/2011Denton County Marble Inc., 812 Utility Road, Sanger 941 $5,974.17 03/22/2011Desmon D. Goff, 3232 N. Locust St., Apt. 1211, Denton 1040 $42,124.47 03/22/2011Donna Marie Garza, P.O. Box 51337, Denton 1040 $78,890.35 03/28/2011Garry R. Carter, 15689 Flow Road, Krum 1040, 6721 $742,100.99 03/28/2011Gary Roberson, 2200 Geneva Circle, Denton 6672 $32,762.68 03/22/2011Jacqueline Roberson, 2200 Geneva Circle, Denton 6672 $34,125.68 03/22/2011James E. and Jennifer K. Nalley, 3801 Park Wood Drive, Corinth 1040 $3,657.35 03/28/2011James E. Nalleyu, 3801 Park Wood Drive, Corinth 1040 $7,085.47 03/28/2011James L. Parker, P.O. Box 51622, Denton 1040 $9,865.38 03/22/2011James S. Bryce, 546 E. Windsor Drive, Denton 1040 $32,844.30 03/28/2011Jeffrey C. Argo, 2709 Thunderbird Drive, Denton 1040 $123,856.28 03/22/2011Joshua R. Harris, 446 Peninsula Drive, Little Elm 1040 $11,427.83 03/28/2011Kyle W. and Jamie Roberts, 321 Creekside Trail, Argyle 1040 $3,608.29 03/22/2011Lyle Delka and Delkas Repair, P.O. Box 51032, Denton 940, 941 $50,005.24 03/28/2011Michael P. Shaffer, 276 N. Laramie Circle, Pilot Point 1040 $91,503.64 03/28/2011Mildred L. Neville, 1700 N. Washington St., Pilot Point 1040 $12,912.45 03/22/2011Ray D. Wilson, 3939 Teasley Lane, Lot 289, Denton 1040 $25,976.72 03/28/2011Sorensen Industries Inc. and Titan Fence and Supply Company, 301 S. U.S. 377, Cross Roads 1120 $534.00 03/22/2011Tony M. Johnson, 6401 Joseph Road, Sanger 1040 $41,880.05 03/28/2011

RELEASE OF FEDERAL TAX LIENSAlden C. and Shirley Carthel, 8356 Crestview Road, Sanger 1040 $60,996.22 06/23/2011James T Connor Jr., 9230 Masse Court, Aubrey 1040 $22,986.03 06/27/2011Johnny A. Blunk, 8716 Swan Park, Denton 1040 $7,337.63 06/20/2011Michael J. Snowden, 1408 Teasley Lane, No. 925, Denton 1040 $12,996.48 06/13/2011Rhonda L. Bull, 3616 Riesling Drive, Argyle 1040 $15,203.96 06/06/2011Sorensen Industries Inc. and Titan Fence and Supply Company, 301 S. U.S. 377, Cross Roads 1120 $534.00 06/27/2011Thomas B. and Shannon A. Pels, 3120 Hartlee Field Road, Denton 1040 $21,375.97 06/27/2011Valentin G. Carmona, 213 Mounts Ave., Apt. 3, Denton 941 $4,717.23 06/20/2011

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DentonBusinessChronicle

LIENSThe following liens were posted in June at the Denton County Clerk’s office.

Vital Statistics

| CONTINUED ON PAGE 23

BUILDING PERMITSThe following building permits were issued by the Denton Planning and Development department in June.Commercial alterations and commercial permits reflect the owner or tenant and the address of the business.Residential permits include the address and the total valuation of the home.

CERTIFICATES OF OCCUPATIOND & S Engineering Labs, 1101 Shady Oaks Dr. Den-Tex Air Conditioning Corp, 220/222 W. Parkway St. Dr. Jane Torrie, 210 S. Elm St., No. 101ERS Medical Associates of Denton, 3303 Colorado Blvd.Kids Speak, 1010 N. Elm St., No. 104Martino Group, 2428 Louise St.Milestone Celebrations Inc., 108 W. CongressNoles General Store, 315 E. Hickory St.North Texas ENT & Allergy Center, 1209 Bent Oaks Ct.One Main Financial, 2430 S. I-35 E, No. 182Pronto Express Services, 268 S. I-35 E, No. 104Reaching For the Stars, 116 Maple St.Robert Rice, 2321 N. Masch Branch Road, No. 311Savvy Shopper, 400 N. Loop 288, No. 100She Sells Resale Boutique, 231 W. Hickory St. West Park, 2505 Louise

COMMERCIAL ALTERATIONAl Bhakta, 2416 Lillian B. Miller Pkwy, No. 100Alan Feltman, 1217 W. HickoryBatteries Plus, 1105 Dallas DriveCity of Denton, 3228 Teasley LaneCity of Denton – Airport, 5000 Airport RoadDenton Bible Church, 1010 N. Elm St., No. 106Denton Dough Company, 217 E. HickoryGardens of Denton, 4201 N. Locust St.John Blackwood, 207 S. Bell AvenueLimited Store Planning, 2201 I-35E South S., No. 1313Texas Legacy Construction, 3741 Mingo Rd., No. 201Title Source Inc., 2745 Wind River LaneTristar Repair & Construction, 723 I-35E South, No. 124

COMMERCIALBobby Cox Companies, 1275 S. Loop 288DISD, 4400 Lakeview Blvd.DISD, 1306 E. WindsorKent Key, 3644 Tuscan Hills

Orthodontics Associates, 3180 Teasley LaneRetreat Partners, 500 InmanTarget Corporation, 3255 Airport Road

RESIDENTIALAudra Oaks Home Builders1005 Barbara St., $158,391.41Bonita Grand Homes Ltd.908 Atlanta Drive, $130,000912 Atlanta Drive, $130,0001113 Atlanta Drive, $130,000Donald Carter J. Jr.7736 FM 428, $503, 339.29DR Horton Texas Ltd.3401 Buckthorn Lane, $230,244.513409 Buckthorn Lane, $212,844.554509 Lacewood Drive, $ 206,924.433108 Mark Lane, $290,987.644508 Shagbark Drive, $197,102.964512 Shagbark Drive, $297,426.44DRP Country Lakes LLC5724 Granbury, $237,525.166308 Hawthorn, $193,206.82eritage Homes – Irving4502 Baytree Avenue, $205,110.404124 Bonita Avenue, $286,372.696308 Hawthorn, $193,206.82Redstone Construction2704 Clarendon Drive, $206,382.61Robson Denton Development, LP11204 Landmark Ct., $239,783.8711524 Southerland Drive, $221,035.78Robson Ranch (GC)9108 Compton St., NA11613 Mayfield Drive, $194,317.63Shepherd Place Homes

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Adrian D. Hendry, SHOFZR Development, 456Willowlake Drive, Little ElmAe Ja Chong, Morning Donuts, 7105 Highway 377, No.710, AubreyAlbert L. Head III, Hands and Feet Ministries 222, 8082FM455W, SangerAlex H. Martinez, Puzzle Builder, 2013 Club View Circle,CorinthAlta S. Monschke and Charles P. Monschke, Beading byMae Mae, 909 Clearview, KrumAna V. Hernando, Elite Performance Therapy, 109 RedBluff Drive, Hickory CreekAndrew P. Morgan and Cynthia L. Sherwood, GraceProperties, P.O. Box 487, DentonAndy Shelton and Chana Shelton, El Sueno Farms, 120FM2450, KrumAngel A. Briceno, AABV Comms, 905 Dudley St.,DentonAshley G. Whisenhunt, Anytime Lawn and Home, 358Granada Trail, DentonAshley N. Conner, Ashley Conner Photography, 609Alcove Drive, Little ElmAustin L. Loveall, Speeding Bullet Landscaping, 5921Brookside Drive, ArgyleBen C. Armstrong Jr., Basa Limited, 1309 Palo VerdeDrive, DentonBen G. Weatherby, Clear Choice Enterprises, P.O. Box70, Krum

ASSUMEDNAMES

The following names (followed by DBA and address)were posted in June in the Denton County Clerk’sOffice.

| CONTINUED ON PAGE 22

Page 21: July Denton Business Chronicle 2011

21

Jul.11

DentonBusinessChronicle

buildings were posted for fore-closure for the first six monthsof 2010, compared to 179 post-ings for 2011.

The Dallas-Fort Worth areaexperienced a 13 percentincrease in year-to-date com-mercial foreclosure postingsfrom 2010 to 2011, from 1,659postings for the first half of 2010to 1,881 postings for 2011, thereport stated.

Denton County had thelargest decline in the four-coun-ty Dallas-Fort Worth area. CollinCounty saw a drop of 4 percent,while Dallas County was up by31 percent and Tarrant Countywas up by 8 percent.

The largest increases inDenton County postings werefor apartments and industrialbuildings, both up 160 percent.There have been 13 postings forapartments in 2011, comparedwith five during the same periodlast year. There have been 26postings for industrial buildingsin 2011, compared with 10 bymidyear 2010, according to thereport.

The largest decrease was inpostings for “miscellaneous”buildings, which dropped 41percent, from 46 for the firsthalf of 2010 to 27 this year.

6-12

Burger place to treadwhere pizza stumbled

The former home ofGiovanni’s Pizza and Pasta andHot Box Pizza will becomeBurguesa Burger by the end ofJune, company officials say.

Gio’s closed early this yearafter only a month in business;Hot Box Pizza had occupied thespace since April 2009.

Burguesa Burger is already afamiliar name in parts of Texas,with two locations in Dallas, twoin McAllen and one in Mission.Charles Ballard, chief progressofficer for the Dallas-basedrestaurant chain, said therestaurant in Denton’s entertain-ment district is part of the com-pany’s ongoing expansion plans.The new restaurant will belocated at 214 E. Hickory St.

The concept for BurguesaBurger was the brainchild of JeffSinelli, an experienced Dallasrestauranteur behind other well-known franchises, includingGenghis Grill and Which Wich.The first Burguesa Burger wasopened in downtown Dallas inJune 2009.

Fitness facility getshospital in shape

Last month, Texas HealthPresbyterian Hospital Dentonopened a new 24-hour fitnessfacility for hospital employeesand physicians.

The space was constructedthanks to a $30,000 grant fromthe Texas Health PresbyterianFoundation, according to a newsrelease.

Located at the hospital’sCenter for Women, the facilityfeatures basic cardio equipment— such as a treadmill, ellipticaland stationary bike — as well asa free-weight station. Wellnesseducation and fitness classesalso will be available to employ-ees and physicians who becomemembers.

Last year, the Texas HealthPresbyterian Foundation grant-ed nearly $90,000 to TexasHealth Denton — the first majorphilanthropic gift made to thehospital since it became a whollyowned affiliate of Texas HealthResources in 2009. The grantshave supported the opening ofthe new exercise facility, as wellas renovations and improve-ments to the hospital’s ER andwaiting areas.

6-17

City hopes to open clinic for employees

Denton City Council membersvoiced support this week for a“noble experiment” they hopewill help rein in rising healthcare costs.

The city has been working fortwo years to start a health clinicoffering free doctor visits to itsroughly 3,000 employees,retirees and their dependents.The clinic is based on the ideathat the city can provide healthcare cheaper than it can provide

health benefits, said Scott Payne,the city’s risk manager.

Under a plan discussed at acouncil meeting Tuesday, thecity would hire CareHere, aTennessee-based clinic manage-ment company picked as thebest of 12 bidders, to run andstaff the facility with a full-timephysician and two medical assis-tants. The clinic would be locat-ed in the professional officebuilding at Denton RegionalMedical Center, which offered a$1-a-year lease in hopes of gain-ing referral business.

6-18

Jobless rates bump upBoth the city and state unem-

ployment rates went up slightlyfrom April to May, but it’s noth-ing to be concerned about yet,says a University of North Texaseconomist.

Denton’s unemployment raterose two-tenths of a percentagepoint, from 6.2 percent in Aprilto 6.4 percent in May, with 4,171people looking for jobs, accord-ing to data released Friday bythe Texas WorkforceCommission.

Countywide, the jobless rateincreased by one-tenth of a per-centage point, from 7 percent inApril to 7.1 percent in May, with25,669 people looking for work,the report stated. Texas’ unem-ployment rate rose from 7.7 per-cent in April to 7.9 percent inMay.

Terry Clower, director of theCenter for EconomicDevelopment and Research atthe University of North Texas,said it’s important to rememberthe local numbers are not sea-sonally adjusted.

6-20

Eagerly awaited A-trainopens as scheduled

On Monday morning, thetime was nigh for the A-train toshow what it could mean to thecounty and the future of railtransportation in the area.

At 4:57 a.m., the DentonCounty TransportationAuthority’s first official A-trainride chugged down the 21-mile

track on its first southboundtrek to Carrollton, where pas-sengers can connect to DARTrail. Passengers hope the trainwill catch on and become aviable option for residents andcommuters here.

On Sunday, officials withDCTA held a Rock n’ Rail cele-bration featuring train rides,musical performances and ven-dors at each of the five DCTAdepots.

DCTA spokeswoman DeeLeggett said the train ran likeclockwork outside of one techni-cal glitch.

6-21

Home foreclosures dropResidential foreclosure post-

ings for the July auctiondropped significantly in DentonCounty and across the Dallas-Fort Worth region, recordsshow.

A total of 512 homes were list-ed for the upcoming auction,down from 715 posted for theJuly sale a year ago, according torecords from Foreclosure ListingService Inc. of Addison.

Collin County saw a 21 per-cent drop; Tarrant County expe-rienced a 23 percent decline;and Dallas had 33 percent fewerforeclosure postings. Collective-ly, the region showed a 28 per-cent drop.

For the year to date, recordsshow a steadier decline, with 7percent fewer postings inDenton County, the lowest of thefour-county area. Collin Countyhas experienced a 12 percentdecline; Tarrant County is down8 percent; and Dallas County, 13percent.

6-22

County chooses fundingoption for new position

Denton County commission-ers approved a funding sourceTuesday for a new constructioncoordinator position, created tooversee some of the county’snumerous planned buildingprojects.

Commissioners were givenfour options for funding sourcesfor the position, and they voted

4-1 to use excess funds fromolder vacant positions to fundthe new position for the remain-der of the year. Capital improve-ment funds will likely be used topay for the position for the nextbudget year.

Council takes anotherstep in power plan

The City Council voted 6-0Tuesday to approve a contractwith a company to acquire landfor a northeast Denton powerline project, despite oppositionfrom residents whose homesmay be in the way.

The council approved a$381,800 contract with Abilene-based AR/WS Texas LP forappraisal and right-of-wayacquisition services for the proj-ect, which will increase thecapacity of a Denton MunicipalElectric transmission line andreplace aging wood poles withsteel poles along a four-mileroute.

A small group of homeownersattended the council’s afternoonwork session to oppose the con-tract. Several other homeownersattended the evening session tosee the vote and left saying cityleaders should have publiclyexplained the project and itseffect on landowners, since someof their homes would be in theway.

6-23

DME wins two nationalawards at conference

Denton Municipal Electricwon two national awards thisweek at the American PublicPower Association conference inWashington.

DME was a co-winner, alongwith San Antonio’s CPS Energy,of the 2011 Public Power WindAward from the U.S.Department of Energy for itswind energy purchases. DMEalso won a Community ServiceAward recognizing “good neigh-bor” activities including environ-mental leadership, educationalactivities and involvement in cityevents, according to a DMEnews release.

— Compiled from staff reports

Monthly News Roundup| CONTINUED FROM PAGE 6

Page 22: July Denton Business Chronicle 2011

Ben G. Weatherby, Clear Choice Roofing, P.O. Box 70,KrumBernard S. Pierson, Knee Deep Plumbing, 2312Parkside, DentonBlake Crenshaw, Guidestar Consulting, 1821Westminister, No. 202, DentonBradley D. Buesing and Michael J. Cooper, Chasin' TailBBQ, 8656 S. Stemmons Freeway, Hickory CreekBrian Trenholm, Trenholm Services, 9401 Glen FallsLane, DentonCaleb A. Springer, Springers Lawn Care Services, 8181E. McKinney St., DentonCarly E. York, Slate Designs, 2200 Kingston Trace,DentonCarol Parham, KAP Services, P.O. Box 1776, Lake DallasChris Rosprim, Texas Realty Team, 2434 Lillian MillerParkway, DentonCindy M. Yousko, BirthDay Beginnings, 2124 PembrookePlace, DentonClarence Ansley, Gun Bluing Specialty Shop, 4559 ElmBottom Circle, AubreyDaniel F. Tarango, Tango Rango Caricatures, 3835 MonteCarlo Lane, DentonDanni G. Henderson, Drakes Construction Group, 3939Teasley Lane, DentonDarac J. Fayre, Two Students Poolcare, 1710 BroadwaySt., DentonDavid G. Smith, Tac-Vault, 7300 FM455W, SangerDavid L. Gerdes, Denton County Collision Center, 1727Vintage Drive, CorinthDF Enterprises Inc., DF Travel Services, 101 BeltonDrive, Hickory CreekDonna E. Duncan, Wooden Spool Emporium, 711B E.Lake Dallas Drive, Hickory CreekDonna J. Morgan and Rita G. Rogers, The PropertyShack, 903 S. Highway 377, AubreyDoyt R. Eckhoff, Eckhoff Construction, 212 Pembrook,Lake DallasEliseo T. Gloria, Mrs. Clean Cleaning Services, 2004Lake Vista Lane, DentonElizabeth Z. Haverty, Haverty Leather Works, 7058Highway 2450, KrumElizabeth Z. Haverty, Haverty Ranch, 7058 Highway2450, KrumElliot K. Squyres, Elliot's Perfect Nature Lawn Care, 201N. Shady Shores, Lot 36, Lake DallasEmilia M. Justice and Karl W. Justice, Corinth BusinessCleaning Services, 3503 Parkview Circle, CorinthEric Y. Fry, Global Pawn, 115 S. Woodrow, DentonFaustino Acuna and Jose A. Flores, T.J. Trucking, 6030Jackson Road, KrumFlorence M. Slusarski, Kidding Around, 2524 La PalomaDrive, DentonFrank Z. McClain, F.M. Expedite Services, 1904 CliffroseDrive, Little ElmGary E. Gray, Custom Trim Works, 268 N. Larmie Circle,Pilot PointGerald K. Wilson, FHG Computer Systems, 512 E. WhiteSt., Pilot PointGonzalo Delacerda and Josue A. Delacerda, NationalAuto Art, 514 Ridgewood St., Lake DallasGregory S. Peoples, G.S. Peoples and AssociatesConsulting and Legal Services Inc., 1328 WaterfordDrive, Little ElmGregory S. Peoples, True Believers Ink 2, 1328Waterford Drive, Little ElmGwendolyn C. Edward and Alexandra M. McVay, TeamDesto, 2211 Knob Hill Drive, CorinthH. Bakers Dozen Dounuts Company, H. Bakers DozenDonuts, 2785 E. Eldorado Parkway, No. 110, Little ElmHassan Khosravi, Auto JP, 3225 W. Eldorado Parkway,Little ElmHoward D. Hughes, Alegros Pet, 7213 Frost Lane,DentonIcy A. Iles, Bolivar Street Gallery, 212 Bolivar St., No.100, SangerIvan P. Prueitt, PhoenX Group of Texas, 1503 MichialSt., DentonJacob Hawkins, Liquid Concept Pools, 1704 Marble Cove

Lane, DentonJacob L. Brockett, Jakes Mobile Services, 1639 HarmonRoad, AubreyJames B. Touchstone, The Handyman Services, 409Addphus Ave., Lake Dallas Janine L. Miller and Robert L. Miller, Mooyah Burgersand Fries, 2587 FM423, Suite 404, Little ElmJeremy D. Nelsen, Nelsen Farms, 6252 Michael Road,SangerJeremy R. Hutcherson, The Dragonfly Gift Stove, 205 N.4th St., SangerJessica M. Clark, Shiny Girlz, 200 S. Main St., AubreyJesus C. Contreras, Perla's Cleaning Service, 3880Lauren's Place, DentonJo Ann Holloway, Jo Mama's Concession, 800 LagunaDrive, DentonJoel D. Swanstrom, RC Toy Group, 2301 Double OakCourt, DentonJoel T. Malloy, Relaxation On Call, 1623 Mallard Drive,CorinthJohn A. Hart, Subway Mayhill Plaza, 3300 Mayhill,DentonJohn W. McCormick, JIV Innovations, 1618 KendolphDrive, DentonJohn W. McCormick, ServiceLedger, 112 Gotcher Ave.,Suite B1-3, Lake DallasJon A. Bourns and Ryan J. Sadler, Vantage ChemicalSource, 1300 Cheyenne Trail, CorinthJoselyn Passerelle and Robert Passerelle Jr., Party Lan,2256 White Oak Road, Little ElmJoshua D. Besong, Glorious Solutions, 1908 CliffroseDrive, Little ElmlJuan F. Martinez, La Rosa Supermarkets, 114 W.Dickson Lane, Little ElmJulia A. Kerestine, Kerestine Law, 1710 WestministerSt., Suite E, DentonJustin C. Dowling and August A. Schoenle, DFW DentonRepair, 1500 Old Alton Road, ArgyleKate A. Marcus, Little Bitz Baby Boutique, 2812Weston Drive, DentonKelli D. Conrad, PowerHouse Enterprises, 6121Countess Lane, DentonKelly D. Ring, Orosy and Company, 10827 PlainviewRoad, KrumKelly T. Muthiani, Custom Impressions, 2805 ArabianAve., DentonKelsey L. Armstrong, Limitless Expressions, 6303 ShadyShores Road, Apt. 536, CorinthKenneth C. Aycox, Legal Forms Kit, 2713 ClarendonDrive, DentonKenneth W. Overman and Jason K. Whiddon, On theMark Civil Process Service, 723 I-35, No. 207, DentonKermit W. Austin, Denton Airsoft, 903 S. Elm St.,DentonKerry D. Dabney Sr., Life Power Move, 137 E. WindsorDrive, DentonKimberly A. Armstrong, Phoenix Photography, 1725Spyglass Drive, Little ElmKimberly D. Sasser-Turner, Butterflies and MudpiesBoutique, 850 Warbler Lane, AubreyKMTLP Inc., Kimberly and Co., 7400 Livingston Drive,DentonKMTLP Inc., Kind Companions, 7400 Livingston Drive,DentonKyle J. Montgomery, Outlaw Arts, 201 Inman Road,Apt. 10302, DentonLake Cities Elite Performance Therapy Inc., ElitePerformance Therapy, 109 Red Bluff Drive, HickoryCreekLamarr Brewer II and Alfred D. Gaines, Pitstop Grill,1040 Wagon Trail, Little ElmLeo H. Will Jr., Downtown Mini Mall II, 118 N. LocustSt., DentonLeo H. Will Jr., Downtown Mini Mall, 108 N. Locust St.,DentonLester E. Smith, Nor-Tek Controls, 301 N. 6th St., KrumLinda K. Baldes, Hair by Bogey, 212 Market, Suite 100,Lake DallasLinked Asset Management LLC, Linked Asset RecoveryService, 9 Fox Hollow Run, Shady ShoresLorraine T. Talbert, LTD Support Services, 6125 High

Meadows Drive, KrumLuis M. Flores II, Big Lou's Novelties and Gifts, 2521Woodhaven, DentonMaaza Tekle, Neal's Italian Restaurant, 721 E. HundleyLake Drive, Lake DallasMaria L. Rojas, Mama's House Cocina, 218 Main St.,Lake DallasMaria S. Burchard, Yolanda A. Calderon and HortenciaM. Salas, Side Walk Bistro Denton, 2900 Wind RiverLane, DentonMarian H. Moskalik, Antebellum Design, 3210 CarmelSt., DentonMarie K.J. Flores, North Texas Roller Dolls, 1310 DakotaTrail, KrumMarilyn J. Williams, Maid Just for You, 3706 WindsorParkway, CorinthMarlon H. Brunson, David Jetter, 2436 S. I-35E, Suite

376, No. 140, DentonMary L. Eckhoff, Eckhoff Construction, 212 Pembrook,Lake DallasMelissa Ryan and Michael Ryan, MSR Communications,1828 Brown Thrasher Blvd., AubreyMichael G. Johnson, Washup of Texas, 2007Willowwood St., DentonMichael S. Mashburn, Mashburn Landscape andConstruction, 1524 Lakeshore Drive, Little Elm Miguel A. Alvarado, Consulting US380, 2032 StephanieCourt, AubreyMiguel A. Alvarado, Group US380, 2032 StephanieCourt, AubreyMiguel A. Alvarado, Investments US380, 2032Stephanie Court, AubreyMiguel A. Alvarado, Power US380, 2032 StephanieCourt, Aubrey

Milan L. Polly, Jan-Pro Cleaning Systems, 1408 TeasleyLane, No. 1011, DentonMitchell R. McNary, Mickey McNary Construction, 408Texas St., No. 1, DentonMohammad Parvar, Tech Stop, 1776 Teasley Lane, Suite106, DentonNancy A. Burkhalter, Dr. B's Scholarship Fund, 1150Oakhurst St., DentonNancy Arenas, Lily of the Valley's GlobalCommunications, 3505 Hudsonwood Drive, No. 10308,CorinthNancy S. Eppers, Boxed N Ranch, 33 Cole Circle, KrumNeyib E. Bendeck, CNB Construction, 1012 PonderosaRidge, Little ElmNicholas B. Eggert, PrePacked Supplies, P.O. Box 2,

22

Jul.11

DentonBusinessChronicle

GM

2949 Oakshire, $200,824.702956 Stockton, $171,700.99Standard Pacific Homes7101 Desert Willow Dr., $313,568.96

TLS Homes Inc.9700 Meadowcreek Drive, $344,930.01Westglen Partners Ltd.2720 Clarendon Drive, $213,284.102721 Westglen Drive, $ 215,550.32

BUILDING PERMITS

ASSUMED NAMES

Vital Statistics

| CONTINUED FROM PAGE 19

| CONTINUED FROM PAGE 20

| CONTINUED ON PAGE 23

Page 23: July Denton Business Chronicle 2011

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DentonBusinessChronicle

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Wendell L. and Connie L. Berry, 617 Main, Lake Dallas 1040 $16,087.39 06/20/2011

STATE TAX LIENSByron H. Byrom, 200 Hollyhill Lane, Denton Limited sales, excise and use tax $98,525.69 06/27/2011Hand in Hand LLC, 1001 Dixon Lane, Denton Unemployment Taxes, Interest Taxes and other charges $7,558.68 06/20/2011JL&H Construction LLC, James L. and Rosemarie Hill, unpaid wages, administrative penalties, $3,655.50 06/13/20111210 High Point Drive, Pilot Point and filing and recording feesKenneth D. Coppedge and Holly Faye Copedge, 4310 U.S. Highway 377S, Aubrey Unemployment Taxes, Interest Taxes and other charges $1,922.57 06/03/2011Lifeline Pediatric Clinics, LLC and Life Steps, 3712 N. Elm St., Denton unpaid wages, administrative penalties, $1,842.98 06/06/2011

and filing and recording feesPYC Services LLC, 3811 Park Wood Drive, Corinth Limited sales, excise and use tax $7,183.24 06/27/2011Rhonda Lee Love, 1921 Hollyhill Lane, Denton Limited sales, excise and use tax $1,209.79 06/20/2011Standard Safety Services LLC, P.O. Box 720, Denton Limited sales, excise and use tax $98,525.69 06/27/2011

RELEASE OF STATE TAX LIENSAdvantage Wall Panel Systems LLC, 3011 Brett Road, Corinth Filed in error $1,760.90 06/08/2011Double W Farms LLC, 3952 PR 2718, Aubrey Franchise tax $2,263.43 06/20/2011Jerry Owens Electric Inc., 3609 E. University Drive, Denton Limited sales, excise and use tax $7,338.82 06/16/2011LBC Entertainment Group Inc., 125 Ave. A, Denton Mixed beverage gross receipts tax $8,721.84 06/27/2011Mary C. Grammel, 2700 E. Eldorado Parkway, Suite 205, Little Elm Limited sales, excise and use tax $2,440.46 06/16/2011Mindy A. McNeill-Hobbs, 1008 Treys Court, Sanger Filed in error $1,213.98 06/08/2011Rhonda Lee Love, 1921 Hollyhill Lane, Denton Limited sales, excise and use tax $1,209.79 06/27/2011Stace B. Parry, 2102 Driskell Drive, Corinth Filed in error $198.45 06/10/2011

Vital StatisticsLIENS

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SangerNicole D. Dent, Nicole Dent Processing 1113 OakcrestDrive, AubreyNikolaus E. Logan, Boscos Bad Ass Wings, 1409Brandywine Lane, Little ElmOrlando A. Castaneda and Juan Ramirez Jr., J&OElectric, 3724 Logan Drive, DentonOscar Blankemeyer Jr., Raven Crest Ranch LLC, 5353Teasley Lane, DentonOscar Duque, Apex Framing Contractors, 3116 OttawaLane, DentonOscar J. Pacheco, Oscar Lawn Service, 1231 Ola MarieLane, SangerPaul J. Weigenant, Denton Sewing Center, 1504Malone, DentonPeter F. Sladcik, Precision Parkour, 7208 Frost Lane,DentonRandall D. Moncrief, CAM's Pool Service, 1200 DallasDrive, No. 1512, DentonRebecca J. Morgan, Morgan Meadows, 114 N. GarzaRoad, Shady Shores

Rebecca M. McDaniel, Custom Home Cleaning, 2001Teasley Lane, No. 141, DentonRebecca M. McDaniel, J&R Rock and Landscape, 2001Teasley Lane, No. 141, DentonRevonda L. Watkins, Geodave Photography, 1404 EaglesNest Trail, KrumRexford H. Emerson, County Rexford, 1425 BroadwaySt., DentonReynaldo M. Coss, Reynaldo Construction, 5250 E.McKinney, DentonRichard E. Davis, Richard E. Davis MS LPC, 4232 N. I-35,DentonRichard J. Jacob, Aid2Seniors, 1501 Stratford St.,DentonRio Vista Homes Inc., Rudy Ridge Express, 212 BolivarSt., SangerRita L. Sprabary, Elkanah Designs, 1617 AppaloosaDrive, KrumRobert A. Asplin, Lake Cities J and G, 5006 S.Stemmons Freeway, Lake DallasRobert E. Milam, Designer Shades and Shutters, 1043Port Boliver, Little Elm

ASSUMED NAMES| CONTINUED FROM PAGE 22

Page 24: July Denton Business Chronicle 2011

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