October Denton Business Chronicle 2015

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2 Denton Business Chronicle

October 2015

Monthly News Recap Businesses on the move

What’s open, what’s closed, etc. The Denton Birth Center is now open at 1831 Hinkle Drive., providing midwifery and prenatal and newborn care. Best of Denton winner Wax & Lash Bar closed Aug. 31. The space at 116 N. Austin St. will be Lucky Locks Beauty Bar, set to open this fall. Two stores in the Denton Center strip mall closed: The 99 Cent Store and Dollar Tree. New craft beer bar and growler shop The Bearded Monk is now open for business — selling craft bottles and draft beer to drink in the store or take home. Guitar Center is now open at Rayzor Ranch Marketplace. Top stories on Facebook

Blue Bell to return to shelves soon Grocery stores in Denton will be stocked with five flavors of Blue Bell ice cream on Monday, Nov. 2 as part of the company’s product relaunch. North Texas is part of the company’s second phase of the launch, which will include Central Texas and north-central and southern Oklahoma. It will be the first time the ice cream is distributed in the area since April, when a listeria outbreak was discovered and production at all Blue Bell plants was shut down. Grocery stores such as Kroger and Albertsons are planning to have the ice cream stocked at local stores and throughout the area that Blue Bell will distribute to, representatives said. Blue Bell is able to expand the ice cream’s availability because a second production plant — in Broken Arrow, Oklahoma — is back up and running. In a press release, Ricky Dickson, the company’s vice president of sales and marketing, said he anticipated the main plant in Brenham will be working “in the next few months.” Pints and half-gallons of Buttered Pecan, Cookies ’n Cream, Dutch Chocolate, Homemade Vanilla and The Great Divide will be available, as well as

12 packs of vanilla cups and 12 packs with vanilla and chocolate cups.

Back the Blue A prayer vigil to honor local law enforcement brought together members of the community. The event, sponsored by Denton County Back the Blue, had attendees wearing blue to show their support to the law enforcement community. Attendees included Hunter and Miranda Mayfield, 10 and 5, respectively, who held signs supporting their father, Denton police detective Mike Mayfield. The National Law Enforcement Officers Memorial Fund shows a 16 percent increase in officer fatalities across the United States since Jan. 1 compared with the same time last year. The event was scheduled after a police officer was killed in September and 15 officers were killed in August, according to the group.

Ponder officer kills man Ponder Police Chief Robert Genova said Victor Oswaldo Coronado-Martinez, 40, was shot and killed in the 600 block of Robinson Road after he approached a Ponder police officer with a gun Sunday, Sept. 27. Genova said Coronado-Martinez, a resident of Ponder, fired in the direction of the officer and the officer fired back. Coronado-Martinez died at 10:21 p.m. at the scene, said Troy Taylor, chief death investigator for Denton County. The officer was not injured, and there were no other reported injuries stemming from the shooting, according to police. The Texas Rangers are investigating, officials said. According to the preliminary investigation, the officer identified himself and ordered Coronado-Martinez to drop the gun, but the suspect allegedly fired at the police officer. Genova said the officer had

been with the department for “a couple of years” and has been placed on paid administrative leave, “which is standard in these types of cases.”

Movie Tavern expansion work to begin soon Work will begin soon on the expansion and renovation of the Denton Movie Tavern. Berkadia Commercial Mortgage announced Monday that it arranged a $29.8 million loan to finance the Denton Center, the 34-acre shopping center at 500 W. University Drive that includes the cinema, Kroger, Planet Fitness and Drug Emporium. About $6.5 million will go toward Movie Tavern’s expansion plans, according to Zoe Proom, a spokeswoman for Berkadia. New Orleans-based Southern Theatres LLC, which owns Movie Tavern, announced plans to renovate in April and is preparing for construction to start as

soon as this week. When renovations are completed next summer, the Denton cinema will have more than doubled its space, to 53,000 square feet. Five screens will be added, for a total of nine, with a seating capacity of 1,050. There will be new luxury recliners, a remodeled bar and lobby, and an updated exterior and marquee.

TAMS trying to recruit 14-year-old Mohamed At a news conference in front of his Irving home, 14-year-old Ahmed Mohamed, who was arrested after taking a homemade clock that looked like a bomb to school in September, declared he wants to go to the Texas Academy of Mathematics and Science. “But since the charges have already been dropped, I will have RECAP | CONTINUED ON PAGE 9


Contents |

October 2015

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Calendar of Events

Denton Business Chronicle

APIs and IPAs meets every other Tuesday at Harvest House, 331 E. Hickory St., for a techcentered hangout.

October 2015

Tuesday, Oct. 20, 6:30 p.m. Tuesday, Nov. 3, 6:30 p.m. Tuesday Nov. 17, 6:30 p.m.

Argyle Chamber of Commerce will host a breakfast meeting at Lantana Golf Club, 800 Golf Club Drive. Tuesday, Oct. 20, 7:30 a.m.

Argyle Planning and Zoning Commission meets the first Tuesday of the month at 308 Denton St. Tuesday, Nov. 3, 6:30 p.m.

Denton Black Chamber of Commerce meets the second Tuesday of each month at the Denton Housing Authority, 1225 Wilson St. Tuesday, Nov. 10, 6 p.m.

Index October 2015 | Vol. 11, No. 8 Publisher: Bill Patterson The contents of this free publication are copyrighted by Denton Publishing Company, 2015, a subsidiary of A.H. Belo Corp. (www.ahbelo.com, NYSE symbol: AHC), with all rights reserved. Reproduction or use, without permission, of editorial or graphic content in any manner is prohibited. Denton Business Chronicle is published monthly by Denton Publishing Company, 314 E. Hickory St., Denton, TX 76201. E-mail: drc@dentonrc.com

Jonathon Fite | 6 Other Enterprising Voices | 8, 11 Business Spotlight | 4, 7, 16 Mixers | 16-18 Monthly News Recap | 2 Vital Statistics | 21-23

On the cover: Barley & Board is part of a new wave of downtown restaurants. Photo by David Minton

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

Denton Chamber of Commerce is hosting a smart business education seminar at 414 W. Parkway St. Featured speaker Russ Rosenberg will discuss employment screening and investigation management. Tuesday, Oct. 27, 11:45 p.m.

Denton Chamber of Commerce will host a business networking luncheon at 2450 Brinker Road. Monday, Nov. 9, 11:45 a.m.

Denton County Young Professionals hosts meetings every Wednesday except for the first of the month at Seven Mile Coffee Co., 311 W. Congress St. Wednesday, Oct. 21, 7:15 a.m. Wednesday, Oct. 28, 7:15 a.m. Wednesday, Nov. 11, 7:15 a.m. Wednesday, Nov. 18, 7:15 a.m.

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

Denton Planning and Zoning Commission meets the first and third Wednesdays of the month at City Hall, 215 E. McKinney St. Wednesday, Oct. 21, 6:30 p.m. Wednesday, Nov. 4, 6:30 p.m. Wednesday, Nov. 18, 6:30 p.m.

Stewart F. House/DMN file photo

This robot picked up blocks at a Mini Maker Faire last year in Frisco. TechMill is hosting a Mini Maker Faire at the Denton Civic Center from 10 a.m. to 5 p.m. Oct. 17. Denton Public Library will host a chess night for players of all ages and skill levels at North Branch Library, 3020 N. Locust St. Monday, Oct. 19, 6 p.m.

Electronics recycling takes place at The Cupboard Natural Foods and Cafe, 200 W. Congress St., the second Saturday of each month. Drop off any computerrelated electronics for recycling. Visit www.computercrusher.com for a list of acceptable items and more information. Saturday, Nov. 14, 8 a.m.

Hickory Creek Planning and Zoning Commission meets the first Wednesday of the month at Hickory Creek Town Hall, 1075 Ronald Regan Ave. Wednesday, Nov. 4, 7 p.m.

Lewisville Area Chamber of Commerce presents LEADS Power Networking every Friday at Credit Union of Texas, 2525 MacArthur Blvd. in Lewisville. About 70 businesses will be in attendance, and admission is free. Friday, Oct. 16, 7:45 a.m. Friday, Oct. 23, 7:45 a.m. Friday, Oct. 30, 7:45 a.m. Friday, Nov. 6, 7:45 a.m. Friday, Nov. 13, 7:45 a.m.

Little D Open Coffee Club meets every other Tuesday at West Oak Coffee Bar, 114 W. Oak. St., to discuss technology and startups. Tuesday, Oct. 20, 8 a.m. Tuesday, Nov. 3, 8 a.m. Tuesday, Nov. 17, 8 a.m.

TechMill is hosting the Mini Maker Faire at the Denton Civic Center, 321. E. McKinney St., to celebrate Denton as a home for creativity and innovation. Volunteers who work a three-hour shift will get free admission. Saturday, Oct. 17, 10 a.m.

Please tell us about your event or meeting by emailing Jenna Duncan at jduncan@dentonrc.com; 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 940-566-6889.


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Business Spotlight

October 2015

DMN file photo

Parker Square in Flower Mound is pictured in 2005. Once a declining retail center, the square along FM1171 is seeing increased foot traffic as medical and law offices, insurance agencies and schools start occupying its buildings.

Parker Square in Flower Mound finds new identity By Adam Schrader | Neighborsgo In the early 2000s, shoppers shopped and diners dined at a host of stores and restaurants at the new Parker Square in Flower Mound. The square was designed by architect David M. Schwarz, who also designed the Ballpark in Arlington and Southlake Town Square and redesigned Sundance Square in Fort Worth. Parker Square was part of a movement that The Dallas Morning News billed in 1999 as “new centerpieces of the suburbs,” built in response to customers “weary of miles of endless shopping strips, garden apartments and sprawling malls.”

Marketing pitches promised a shopping center “American as apple pie and Fourth of July,” according to the DMN article, and initial leasing was “tremendous.” The square hosted several town-backed events, including the annual Christmas tree lighting. “Everything the town did was held right here,” said Gail Young, a longtime tenant. “They even brought in snow one winter.” But that all changed in 2008 when the economic recession took its toll. Businesses moved out. Banks put the bankrupt buildings up

for auction. Then, town activity moved away when Heritage Park opened in 2012. Today, Parker Square appears to be on the rebound, officials say. Foot traffic is picking up as medical and law offices, insurance agencies and schools start occupying the square along FM1171. This year, eight businesses have opened, occupying more than 79,481 square feet of space. Growth is on the upswing, but it still might not be the retail center that was originally envisioned. Flower Mound Mayor Tom Hayden said Parker Square can field a few restaurants but its future is as an office park.

“It’s never going to be a retail mecca,” he said. Hayden said early stakeholders never wanted big anchor stores, which meant about half of the foot traffic came from Health and Athletic Center. “When Lifetime Fitness came in and bought it, that took away that foot traffic, and that was a real jugular for the development,” he said. Hayden also said Parker Square’s undoing has been its location. The daily car count on FM1171, which passes in front of the square, is about 45,000 vehicles, which just “sounds like a lot,” Hayden said. He compared the traffic on FM1171 with the much-higher

traffic on Southlake Boulevard and State Highway 114 — roadways that border Southlake Town Square. The big retail space in the area will be the River Walk, Hayden said. The River Walk, north of FM1171, west of Morriss Road and east of FM2499, is a 158-acre mixed-use development that integrates commercial, office, retail, dining, medical, civic and residential uses in a variety of building types. It is zoned as a central business district and is anchored by Texas Health Presbyterian Hospital Flower Mound. “Down where the River Walk PARKER | CONTINUED ON PAGE 10


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Enterprising Voices

Breaking down the new investment cycle “Buy when everyone else is selling, and hold until everyone else is buying.” — J. Paul Getty (1894-1976) “Be greedy when others are fearful; be fearful when others are greedy.” — Warren Buffett

F

ear jolted the markets out of complacency during the third quarter of 2015. Stock markets in the U.S. and overseas experienced their biggest declines since 2011. Volatility reached its highest levels since the 2008 financial crisis. In our partnership, we view the progress of the fund as a series of investment cycles. Using an agriculture analogy, each investment cycle begins with a “sowing” phase during which we identify investment opportunities and build positions in portfolio holdings. How do we identify potential investment opportunities? The wisest and most successful investors — see the above quotes from billionaires J. Paul Getty and Warren Buffett — advise a contrarian mindset. This is the essence of value investing: Buy stocks of businesses when they are undervalued and out of favor, when the market is fearfully selling them off. We find that the sowing phase of each investment cycle often is marked by some economic incident that creates fear and pessimism in the market. In three investment cycles of the past eight years (including the present one), the incident tends to worsen during the first year or so. We have no illusions about picking the exact bottom on our initial purchases. In fact, our most profitable investments have been those that fell sharply, allowing us to add to our positions at even more attractive prices. Embracing and exploiting market volatility requires tremendous fortitude but is crucial for long-term success in value investing strategies. Let’s look back at the economic incidents for the last three investment cycles.

Jonathon FITE | During the investment cycle from 2008 to 2011, the incident was the global financial crisis triggered by the sub-prime mortgage debacle. The partnership prospered by finding businesses that had become bargains during the credit crisis and recession. The economic incident for the investment cycle from 2011 to 2014 was the European sovereign bond crisis (remembered as PIIGS — Portugal, Italy, Ireland, Greece and Spain) and U.S. credit rating downgrade, both of which battered financial markets in 2011. The bargains we found in that sowing phase included the U.S. energy boom, industrial companies and cash-rich blue chips. So what economic incidents mark the current investment cycle, which began in the autumn of 2014? We believe the current cycle is distinguished by two related economic extremes: ■ An epic bust in the commodities/hard assets sector. ■ A powerful surge in the U.S. dollar. With many commodities down as much as 70 percent, the commodities index has breached its financial crisis lows and reached levels last seen in 2002. In our portfolio, the focus has been on energy commodities such as oil, natural gas and thermal coal. We have consciously avoided exposure to industrial and construction-related commodities (iron ore and copper) that are overly dependent on the China construction bubble. Meanwhile, the action in the financial market can be summarized in one word: liquidation. Commodity funds, all the rage a couple years ago, are deeply out of favor. Ravaged by redemption, many have closed

up shop at a marked pace and have been forced to sell billions in holdings. This forced, panicked selling is the most brutal we have seen since 2009. Such forced selling excites value investors. As Buffett advised, we are trying to be greedy when everyone else is fearful. Of course, our hard assets portfolio includes asset classes other than oil, including coal, gold and undervalued European real estate plays. Now let’s turn to the U.S. dollar. Since 2008, the Federal Reserve has suppressed interest rates at zero percent and printed $4 trillion in a frantic effort to juice asset prices and stimulate the economy. The resulting debasement of the dollar (the “War on Savers”) has been a recurring theme in our articles over the years. Protecting our partners from this inflationary risk has been our top priority in constructing the portfolio, with an emphasis on world dominators with pricing power; hard assets; and beneficiaries of rising interest rates. But why has the U.S. dollar surged by 25 percent in the past year? Well, the entrepreneurial drive of Americans has finally helped to gradually revive the economy and has improved unemployment. As a result, the Federal Reserve is starting to take its foot off the pedal, first by stopping its money-printing quantitative easing program in mid-2014, then likely raising interest rates soon. At the same time, the central banks of Europe and Japan have imitated the Fed’s strategy of money printing to try to jolt their moribund economies, and emerging markets such as Brazil, Russia and China are slowing down. So, the U.S. dollar has been attractive, relative to its competing currencies. A strong, stable dollar would be great for American savers — if it was sustainable. Unfortunately, we anticipate that eventually the Fed will return to its dollar debasement policies. Why do we believe this? First, the overvaluation of the dollar is making America’s ex-

ports less competitive. This is already holding back the U.S. manufacturing sector. Second, in coming years, the costs of gov-

ernment programs such as Medicare and Social Security are expected to soar as the bulk of the baby boomers enter retirement years. This eventually will cause a return to large deficits FITE | CONTINUED ON PAGE 9

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Business Spotlight

McNatts give UNT $2.61M By Holly Haber | The Dallas Morning News Jim and Linda McNatt of Corinth have given $2.61 million in grants to the University of North Texas to support academic and athletic initiatives. The gifts include $1.36 million to establish endowments for logistics research, autism studies and the Kuehne Speaker Series and to fund grants to National Merit Scholars. The other $1.25 million will be used to enhance Mean Green athletics. Some of the grants are eligible for matching funds from the state of Texas, which could augment the donations by $790,000, according to university officials. Graduates of UNT, the McNatts are longtime philanthropists who have given generously to the Denton Animal Shelter Foundation, schools in four counties and the North Texas Fair and Rodeo. Jim McNatt operated a string of car dealerships in the area and still co-owns Luttrull-McNatt Chevrolet in Sanger and LuttrullMcNatt Buick Chevrolet GMC in Gainesville. Jim McNatt, whose sister and brother-in-law also earned degrees from UNT, said the donations express his family’s gratitude to the university. “I’m proud of the current administration and athletic leadership,” McNatt said. “They are dedicated to ensuring the university remains a quality institution, expands its outreach and grows its nationally ranked

educational programs.” “Jim’s support directly impacts UNT, our students, studentathletes and researchers in a big and positive way,” UNT President Neal Smatresk said recently in his state of the university address. “He has seen the work UNT has put toward becoming a first-choice university, and this gift moves us even closer to that goal.” The Jim McNatt Endowment for Logistics Research will fund undergraduate studies in the Center for Logistics Education and Research in the College of Business. The Jim McNatt Autism Research Endowment supports the Kristen Farmer Autism Center, an off-campus facility for research and teacher training that also provides services to children and adults with autism. Opened three years ago, the center is part of UNT’s College of Education. The Dallas-Fort Worth area has the highest concentration of autism diagnoses in Texas, according to UNT professor Smita Shulka Mehta. The McNatts set up the gift so that $160,000 would be awarded as $10,000 grants to four National Merit Scholars over four years. Other alumni boosters have donated scholarship money to help attract those top students. Ernie Kuehne gave $160,000, Kristin Farmer presented $120,000 and Don Lovelace and C. Dan Smith each donated $80,000.

Denton Business Chronicle

October 2015

Linda McNatt speaks at the ribbon-cutting ceremony for the Linda McNatt Animal Care and Adoption Center on Dec. 12 in Denton. Al Key/DRC file photo


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October 2015

Enterprising Voices

Saving the best part of a deal for last I

n real estate and most commercial transactions, deals start out with conversations. Often, informal emails or texts and more conversations follow. At some point, in transactions with multiple moving parts, deal terms will be outlined in emails or letters. Sometimes, letters of intent or similar documents are signed. In the end, most real estate and complex contracts are reduced to writing in a formal final written agreement. In real estate sales, the final agreement is usually a deed. When both financing and corporate entities are involved in commercial transactions, a guaranty agreement is often the final agreement between the lender and borrower. These final documents, sometimes buried behind tens or hundreds of pages of other documents and agreements, deserve special attention. The Texas Supreme Court recently decided two cases that serve as reminders of the importance of deeds and guaranty agreements. In Cosgrove vs. Cade, the Supreme Court was asked to decide how long a person has to bring an action to reform a deed. A suit to reform a deed can be brought when there is a difference between what the parties contracted to buy and sell and what the deed conveys. In Cosgrove, a buyer and a seller had entered into a contract for the sale of land. Prior to agreeing to sell the property, the seller had leased the minerals under the property to Chesapeake Energy; in the contract for sale, the buyer agreed that the seller would keep the minerals. However, when the parties closed the sale, the deed signed by the seller did not expressly reserve the minerals. In Texas, unless minerals are expressly reserved, a conveyance of land includes all the minerals. In the Cosgrove case, after the closing, the deed was filed in the real property records and likely the buyer and seller dropped the deed in a file, never planning to

Sam BURKE | look at it again. Several years after the sale, the seller contacted Chesapeake because he was not receiving royalty payments as he thought he should be. When the seller contacted Chesapeake, they informed him there was a problem because the deed did not contain a reservation of minerals. Immediately, the seller contacted the buyer and demanded he execute a correction deed that included the mineral reservation the parties had agreed to in the contract for sale. The buyer refused, saying that the seller was too late in asking for the deed to be corrected. An action to reform a contract must be brought in four years unless a rule of fairness, called the discovery rule, applies. In spite of the clear agreement between the parties that the minerals be reserved, the Supreme Court decided that when a deed contains a material and obvious omission, the parties to the deed are charged with notice of the omission and they have only four years from the date the deed is signed to bring a lawsuit to correct the mistake. In Cosgrove, the parties signed two documents. One accurately expressed the parties’ intent (the contract) and the other (the deed) did not. However, once four years had passed, the deed (the final document) controlled, even though it did not convey the property the parties intended. The Supreme Court also decided a case recently involving the guaranty of a loan. The name of the case was Moayedi vs. Interstate 35/Chisam Road LP and involved property located in Denton County, in Sanger.

In this case, a loan had been extended that was secured by real estate. An entity called Villages of Sanger Ltd. borrowed more than $500,000 from the lender, and one of the owners of Villages of Sanger personally guaranteed the loan. One of the provisions of the guarantee provided that “Guarantor further agrees that this Guaranty shall not be discharged, impaired or affected by … any defense (other than the full payment of the indebtedness hereby guaranteed in accordance with the terms hereof) that the Guarantor may or might have … each and every defense being hereby waived ...” As you might be able to tell from the nature of this quote, this waiver language was buried in a run-on sentence that contained multiple subparts and multiple clauses within the subparts. After Villages of Sanger defaulted on the loan, the lender sold the property at a foreclosure sale and then sued for the difference between the price the property sold for at the foreclosure sale and the remaining balance on the debt. The guarantor raised a statutory defense that allows borrowers to get a credit against a deficiency judgment if the fair market value of the property sold at the foreclosure sale was greater than the amount that was paid for the property at the foreclosure sale. The Supreme Court decided that the guarantor had waived this defense. In reaching this decision, the Supreme Court said that Texans have long embraced the principle of freedom of contract and that Texas courts have long respected the rights of parties to design agreements according to their wishes. It’s likely the guarantor did not fully appreciate the freedom he was exercising when he gave the lender the right to sell the property that was pledged as security for the loan at much less than its fair market value and sue him to make up the difference. In both the Cosgrove and

Sue Ogrocki/AP file photo

A Chesapeake Energy drilling rig is pictured Oct. 28, 2009, near Bessie, Okla. Moayedi cases, for one party the best was saved for last and for one party the worst was saved for last. The freedom in our state to contract for or give away your rights can generally be exercised in any part of any page of an agreement. However, it is in the last pages of the agreements you sign that often the best or worst part of a deal can be made. As I recall, in grade school teachers start to emphasize that you have to read all of the instructions before you start an assignment. Most of us, during this part of our formal education, have been given the instruction sheet that ends with a last in-

struction that says to ignore all the previous instructions. Contracts sometimes have provisions that have the same effect, and the Texas Supreme Court is warning us that there is something from this lesson to be carried into your professional life. Read all of the instructions and all parts of the contracts you sign, because the stuff at the end often is the most important. SAMUEL B. BURKE is certified in civil trial law by the Texas Board of Legal Specialization and can be reached at sburke@dentonlaw.com or www.dentonlaw.com.


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Enterprising Voices Monthly News Recap RECAP | CONTINUED FROM PAGE 2

to say that I really want to go to [Massachusetts Institute of Technology] and TAMS,” he told a group of reporters. While he wouldn’t be able to start the program until fall 2016

at the earliest, TAMS Dean Glênisson de Oliveira, said he thinks Mohamed would be a good fit for the program. The program, out of the University of North Texas, is for high-achieving high school students across the state who are

interested in science and math. The students live on campus and attend UNT classes, while getting the benefits of extracurricular activities specifically for TAMS students, said Brent Jones, assistant dean for recruitment and admissions.

Your Image on Mark Lennihan/AP

Frederick Reimer of JPMorgan works at the New York Stock Exchange on Oct. 5, when world stocks rose after weak U.S. jobs data prompted expectations that the Federal Reserve might postpone an interest rate hike. FITE | CONTINUED FROM PAGE 6

and add to the national debt, and we believe the Fed will turn the quantitative easing printing presses back on to bankroll the deficit. In the short run, you might ask, won’t the dollar rise when the Fed raises interest rates? While possible, we do not believe a large dollar rise is likely. The dollar tends to rise in anticipation of rate increases, then tends to actually fall after the rate increases take effect. As the U.S. dollar comes back down, which asset classes are poised to benefit? Hard assets tend do well when currencies are being debased. But another set of stocks also is poised to excel in such scenarios: high-quality U.S. multinationals with lots of international exposure. Profits earned overseas, when translated back into U.S. dollar terms, have been decimated by the strong dollar. As this extreme normalizes, the earnings of these U.S. multinationals will recover rap-

idly and, in turn, boost their share prices. Emerging-market exposure, today a drag, will become a positive. It will be interesting to see if the fears of August and September subside or lead to more market turmoil in the months ahead. Either way, with thirdquarter earnings reports due out in the next few weeks, it will be a good time to engage with the management teams of our portfolio companies to help drive our long-term returns. In the meantime, if the markets continue to wallow in fear, we will be opportunistically greedy. JONATHON FITE is a managing partner of KMF Investments, a Texas-based hedge fund. He is an adjunct professor with the College of Business at the University of North Texas. This column is provided for general interest only and should not be construed as a solicitation or personal investment advice. Comments may be sent to email@KMFInvestments.com.

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Denton Business Chronicle

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Business Spotlight PARKER | CONTINUED FROM PAGE 4

is going to be, there are car counts of about 110,000 [per day],” he said. “That corner is going to be a much better retail location than Parker Square.” Even as tenants begin filling the square, town-backed events might not return. Town spokesperson Molly Fox said no events are planned for Parker Square. Hayden said that the reason the town ceased events at Parker Square is because, during the period of bankruptcy from 2008 to 2013, there never was anybody whom the town could work with to put on programs, “because all these individual banks owned the buildings.” However, Hayden said, Parker Square’s future is bright. “When the buildings went through bankruptcy and were sold at auction, they were bought for half of what they cost to build,” Hayden said. “So now the building owners have a nice development but can offer competitive rents, and I think that’s going to attract a lot of people.” Parker Square is the potential home of a 4,000-square-foot co-working space, and the home of a North Central Texas College campus that has an enrollment of about 1,600 students. Curtis Shore, who operates a real estate brokerage in Flower Mound, owns five of the buildings with storefronts at the square. “Curtis Shore is giving the town a very preferential arrangement to have the entrepreneurial center there for three years,” Hayden said. “The town has approved it and is moving forward. Our hope is that people go in there and they’re successful, they’ll grow, then lease their own space at Parker Square or elsewhere around town.” Chuck Cook, CEO of Responsive Ed, recently opened Founders Classical Academy, an elementary school, at 500 Parker Square. The company previously operated a charter high school at the location. Responsive Ed also owns 700 Parker Square, an office building where it houses curriculum and software development teams. “When I go over there in the morning, there is a lot of traffic because of the schools and med-

DMN file photo

The River Walk, north of FM1171 and west of Morriss Road in Flower Mound, will be a 158-acre development that integrates commercial, office, retail, dining, medical, civic and residential uses in a variety of building types. ical facilities,” he said. “It doesn’t even look like it needs to be revitalized.” The Lewisville-based school system also operates Founders of Lewisville, which had 900 students and a large waiting list. Cook said that he hopes eventually to use 500 Parker Square as a high school again, because it’s right next to NCTC, meaning the school can easily offer dual-credit courses. Lori Walker, president of the Flower Mound Chamber of Commerce, said Founders and NCTC are bringing in traffic and recognition to the development, as well as “a medical office space/ business office feel to it.” Sky and Svetlana Schoggins co-own Yellow Rose, a steakhouse that has leased at Parker Square since 2008. They bought it almost two years ago as their contribution to and investment in the community where they live and send their kids to school, they said. “I don’t know if it’s something we’re doing right or the overall economic situation in the area, or the country, is improving,” Svetlana Schoggins said. To have a successful retail center, owners simply need to fill the storefronts, Sky Schoggins said. “The upstairs are full,” he said. “There are businesses in almost

every office, but there need to be other things in the storefronts that attract customers.” The Schogginses said that for Parker Square to be successful it should be set up like the Shops at Highland Village, which is about the same size and almost five miles away. The Shops is managed by one company, Trademark Property,

and has established anchor tenants, including Barnes & Noble Booksellers and AMC Highland Village 12, and it has a website where customers can see events. The city also holds events at the shopping center, on top of events held by Trademark. Parker Square, set up in three phases, was zoned for 220,000 square feet of office space with

125,000 square feet of retail — of which restaurants could occupy 30,000 square feet. However, Parker Square can’t seem to shake its identity as a shopping center — which it was labeled as from the start. While some businesses have opened this year, five have closed. Despite the closures, Flower Mound economic development director Mark Wood said he expects activity levels to remain high. “Parker Square is a great place to do business, with a couple of really great restaurants in the tenant mix,” he said. “We will see Parker Square become a solid business center and a couple more restaurants added to the mix.” Barbara Cravey, owner and managing partner of new tenant ABC Pediatrics, moved into Parker Square the second week of July, citing the “relatively quiet and very quaint” atmosphere as the ideal professional environment for her business. But Cravey, a Justin resident, has been shopping at Parker Square since its early days and said her business would still do well with a higher-energy square. “I used to drive by it all the time before Roanoke and Justin started growing and adding stores,” she said. “I always wanted to own a business in here.”

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11

Enterprising Voices

Cast a vote for funding Texas highways A

n average of 1,000 people are relocating to Texas each day, according to an estimate from Move Texas Forward, a bipartisan advocacy organization based in Austin. As a result, our growth is exponential — with surface transportation being one of the most heavily impacted areas of infrastructure. A strong transportation system obviously is fundamental to our quality of life and economic vitality. We need a dependable highway network for servicing local commerce, attracting new businesses and generating career opportunities. The 84th Texas Legislature passed legislation proposing a constitutional amendment on the state ballot Nov. 3 that will aid in maintaining the current

Chuck CARPENTER | infrastructure and help ease congestion by funding added capacity without any new or increased taxes, fees or debt. Current primary funding sources are vehicle registration fees, which have not moved since 1985, as well as state and federal fuel taxes that have not changed since 1991 and 1993, respectively. Fuel taxes are a set dollar amount, so they do not increase

or decrease with the price of fuel. Proposition 7, the proposed amendment to the state constitution, dedicates motor vehicle sales, use and rental tax revenue to the state highway fund to provide funding for non-tolled roads and the reduction of certain transportation-related debt. Representatives from several new-car dealers that are members of the Denton Chamber of Commerce were involved in reviewing the proposed amendment. They clarified that it is not a new tax or fee, only a redistribution of current revenue. It would not be an additional expense for retail auto sales. I also sought the opinion of Bill Cheek Jr., vice president and general manager of Dentonbased Jagoe-Public Co. Bill’s take on it is: “In the

David Minton

Interstate 35E in Hickory Creek is undergoing construction as part of the 35Express project between Denton and Dallas. past, maintenance and capacity for Texas highways has been funded with debt. Texans don’t like to use debt to fund our living expenses; however, we are also quite aware that we have transportation problems that affect

our daily commute, safety and commerce.” Cheek’s company is directly tied to the highway construction industry, and he said we will need a total of $9.5 billion for state roads to be in minimum competitive condition. Passage of Proposition 7, combined with a similar referendum in 2014 that directed a portion of the state’s oil and gas tax revenue to the state highway fund, will get us $4 billion closer to additional and safer capacity. A vote “yes” for Proposition 7 helps assure no new taxes and no new debt and excludes toll roads. CHUCK CARPENTER is the president of the Denton Chamber of Commerce. He can be reached at dcoc@ denton-chamber.org.

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Denton Business Chronicle

October 2015


12 Denton Business Chronicle

Cover Story

October 2015

Downtown grows up

A group leaves Harvest House after an early-afternoon drink Oct. 7 in Denton.

By Jenna Duncan and Julian Gill | Photography by David Minton

On the final stop of the Apps & Zerts crawl, an event hosted by the Denton County Young Professionals, 940’s Kitchen & Cocktails co-owner McKenzie Smith thanked the crowd of 20- and 30-somethings for coming. It was past 9 p.m. on a Tuesday, and those in attendance had paid $40 for snacks at restaurants like 940’s, and at some of the establishments owners told the crowd what they were about. Half of the proceeds went to

charity. Smith detailed how he’s been in Denton for 18 years. He’s grown up here. And now, he wants to be a part of the business scene downtown growing up too — offering something between a

$100 steak dinner and $2 tacos for the growing cool, middle-age, middle-class community. “I’m trying to help contribute to the community by adding some more food choices and late-night options, and because I

love food and cocktails. I think Denton needed more options like this,” he said in an interview this year. “We think we can cater to a large audience in this town.” Down the street, at Mulberry Street Cantina, another group of influential Denton residents gathered, for an event benefiting the United Way of Denton County. People like John Williams, owner of Oak Street Drafthouse and Cocktail Parlor, sponsored and attended the bar crawl. Sure, both events had people out

drinking on a Tuesday night, but for a good cause. These types of events are becoming more common in Denton, as former Fry Street ragers migrate to the Square to live, work and play. The cultural changes of the city and its younger residents are making the way for business changes: large beer gardens, mid-price restaurants and places that specialize in charcuterie boards and tapas. Denton’s growing up. For years, Fry Street was the


13 Denton Business Chronicle

October 2015

Diners enjoy lunch with the windows open at Barley & Board on Oct. 7. place to go — and still is for most University of North Texas students. But with Harvest House, Oak Street, East Side Denton and now the Bearded Monk all within a mile of each other off the Square, students can have more options and heavier beer. Local entrepreneurs have noticed the growing popularity of craft beer in the U.S., but they all agree it’s more than just a passing fancy in Denton. It means the city is growing up. “I think when I have seen folks drinking something better, it’s this growing up, it’s this maturing and the premiumization,” said Ben Esely, owner of the Bearded Monk, a new growl-

er bar on McKinney Street. “We’re kind of seeing it in these little pockets all around the U.S. The craft beer — it had to follow.” Esely is one of the people who decided to stay in Denton after he graduated from UNT. He has been here 15 years and decided to open the Bearded Monk because of his affinity for craft beer. Esely said he fell in love with the tight-knit community in Denton years ago when he used to visit his sister at UNT. “I saw that all the time — the collaboration in these creative aspects,” Esely said. “Creativity not just in creating pieces but in everything.” Creativity was a huge driver

behind the Barley & Board project, a sprawling brewpub partially funded by actor Jason Lee. Eric Pulido of the band Midlake also helped lead the project, because he saw a vision for how he thinks Denton is changing. The restaurant offers sprawling boards of cured meats and inhouse pickled vegetables, beer brewed in-house as well as an upscale yet non-intimidating atmosphere that is starting to get popular in Denton. “I think the options in Denton are getting better and better with places like West Oak Coffee Bar, Harvest House and East Side, where things weren’t really going on five years ago,” he said

earlier this year. “We wanted to create an option for people to come out to the building that has history, breathe life back in here and take part in a culinary experience.” That creative community is still prevalent in the city, and Esely is experiencing it firsthand. Andie Sterling, the café director at Harvest House, may collaborate with Esely and offer beer education classes at the shop. “Andie was really into it — brew classes,” Esely said. “We’ve got a lot of folks who know about craft beer, who have dabbled in it, but there’s still some education they need.” The beer classes might not

appeal to a fresh 21-year-old at UNT, but that’s the point. The craft bars aren’t trying to appeal to students — they are trying to appeal to Denton. This is especially true of Harvest House. Co-owner Matthew Arnold said Harvest House was opened with an older demographic in mind because it’s a population that previously had been overlooked in the community. “Denton is surrounded by suburbs,” Arnold said. “We wanted to create a spot for people to go to come into the town.” Harvest House opens at 10 a.m. and offers nonalcoholic BARS | CONTINUED ON PAGE 15


14 Denton Business Chronicle

October 2015

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Cover Story

15 Denton Business Chronicle

October 2015

This countertop at West Oak Coffee Bar features reclaimed wood from a 1920s box car. BARS | CONTINUED FROM PAGE 13

items for people who don’t feel like staying out past midnight. Arnold said that as it gets late the crowd gets younger. But during the day, 60-year-olds are there listening to acoustic music while 8-year-olds order from the juice bar. Most people at Harvest House during the day are not part of the college demographic. Arnold said he feels it’s necessary to reach beyond young people because Denton is growing up at such a rapid rate. “I was able to buy a house here in Denton, and I’m seeing more and more of my friends graduate and decide to buy homes and start families in town rather than move away for that,” he said. Now that Denton has its own craft brewery — also owned by a UNT alumnus who decided to return to town — the city has a chance to refine its taste and

identity beyond the college demographic. Former UNT students have decided to stay and grow with the city, creating more local businesses. In doing so, they are making Denton a home for all. “We’re dying to do some other things, but there’s a lot of other things we’re helping and supporting as well,” Pulido said. “If you’re from Denton and you see the Square and the surrounding area, you see a pallete. A community of trying to support one another and promote one another to fill those gaps that exist. I think it creates a more successful and flourishing type of community.” JENNA DUNCAN can be reached at 940-566-6889 and via Twitter at @JennaF Duncan. JULIAN GILL can be reached at 940-566-6845 and via Twitter at @juliangill music.


16 Denton Business Chronicle

October 2015

Business Spotlight

Area office leasing up about 50 percent By Steve Brown | The Dallas Morning News Expanding businesses have increased demand for North Texas office space by about 50 percent this year. Net office leasing in the Dallas-Fort Worth area totals 4 million square feet through the first three quarters of 2015, according to a new report from Cushman & Wakefield Inc. That’s a sharp rise from the 2.7 million square feet in the same period last year. Most of the office leasing this year has been in Richardson’s “Telecom Corridor,” in the Las Colinas area of Irving, in west Plano and Frisco. Large office leases were made in the last three months by RealPage, CoreLogic, GEICO and Toyota Industries. The strong office leasing has trimmed average occupancies in the area to just 16.5 percent —the lowest North Texas office vacancy rate since the 1980s.

“Vacancies are expected to flatten over the next 12 to 18 months,” Cushman & Wakefield analysts predict. “However, rental rates are expected to increase slightly in most markets due to the continued demand for office space.” Average office rent in DallasFort Worth rose by almost 6 percent in the third quarter from a year ago. Asking rents for first-class buildings in the area are at an all-time high of $27.88 per square foot, the commercial real estate study found. “Building owners are still pushing rents,” said Matt Heidelbaugh, Cushman & Wakefield’s executive director. “They are trying to take advantage of this market. “I think we are getting close to the top of these increases,” Heidelbaugh said. “You have some new buildings coming on in some of these markets that

Photo by David Minton/DRC

The University of North Texas was in the process last month of finalizing a lease for space in this office park on Internet Boulevard in Frisco for a satellite campus. will help slow down acceleration of rent growth in existing properties.” Almost 7 million square feet of office space is under construction in North Texas. About half of what’s being built is already leased to businesses.

Business Mixers Denton Chamber of Commerce The Denton Chamber of Commerce held a Women in Commerce “In the Mix” mixer Sept. 15.

Margaret Young, director of Texas Woman’s University’s School of Management, was the guest speaker at “In The Mix.”

The Women in Commerce committee speaks during the mixer.

Most of the new office building is in west Plano, Frisco and the Telecom Corridor. “With the exception of a maybe a couple of locations, we are certainly not overbuilding,” Heidelbaugh said. “Inventory still remains relatively low and de-

mand is high.” But he wouldn’t be surprised to see office lease announcements slow temporarily in early 2016 to let the market catch up. “We are five years into the recovery,” Heidelbaugh said. “I think we could see some bumps.”


17

Business Mixers

Denton Business Chronicle

Ribbon-cuttings

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

Optima Fitness Studio

Touchstone Imaging Oaktree Plaza

Envy Denton

1987-2015

JN

October 2015


18 Denton Business Chronicle

October 2015

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

Raylyn’s Heart Foundation

Taco Cabana

Complete Financial Group JN


19 Denton Business Chronicle

October 2015


20 Denton Business Chronicle

October 2015


21

Vital Statistics ASSUMED NAMES

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

NAME — DBA/ADDRESS

NAME — DBA/ADDRESS

Adriana Licea, Dinosaur Burritos Mexican Grill, 4405 Pockrus Paige Road, Denton Aerron Dowdy, One-Hundred To The Core Publishing, 417 Kingfisher Lane, Denton Alejandra Montalvo, El Ruby Beautiful Salon, 710 E. Prairie St., Denton Alisha Keene, Alisha’s Cleaning Services, 602 Cardinal Drive, Apt. E11, Denton Ben Smith Jr., Gas House Musik, 1221 McCormick St., No. C, Denton Benita Smith, Beni’s Auto Movers, 1119 Hillcrest St., Denton Bernard Okuom, Kilimanjaro General Merchandise, 521 E. Windsor Drive, Apt. 95 Bolviar and Jose Diaz, A&J Car Sales, 100 Steedman St., Denton Carlos Da Silva, Super Glass, 3202 Unicorn Lake Blvd., Apt. 243, Denton Carol Tanner, CJT Properties, 421 W. Windsor Drive, Denton Cliff Reding, Reding and Son Outdoor Advertising, 211 Woodrow Lane, Denton Cynthia Lebel, Crew Supply, 1509 Centre Place, Apt. 321, Denton Deborah Campanaro, Bucket List Piano, 3505 Northpointe Drive Debra Newton, Books and More, 1626 W. University Drive, Denton Dmi Prentiss, Demi Prentiss-Life Coach, 1204 Stacy Court, Denton Elsa M. Cervantes, Elsa’s Cleaning Services, 1216 Paco Trail, Denton Erin Lancaster, Elle Logan, 822 W. Hickory St., Denton Faraz Ahmad, Denton Phone Repair, 525 Fort Worth Drive, No. 101, Denton

Jacquelyn Spriviell Inc., Onward Realty, 624 W. University Drive, No. 319, Denton James E. Scribner and Priscilla Marchant, Lake Dallas Family Ins., 1707 N. Elm St., Denton James E. Scribner, Lake Dallas Family Ins., 1707 N. Elm St., Denton Jennifer McNatt, Spottlessly Yours, 413 W. Sycamore St., Denton Jessica Frye, Jessie Frye Band, 501 S. Locust St., Apt. 1203, Denton John Brown, Texas Business Center, 1308 Teasley Lane, Denton Katelyn Montgomery, 1124, 911 W. Hickory St., Denton Kevin J. McCreary, McCreary Counseling, 1308 Teasley Lane, Suite 1302, Denton Kevin Willingham, Denton Country Sticker Company, 2020 Crestwood Place, Denton Kim Phillips and Chuck Carpenter, Denton Chamber of Commerce, 414 W. Parkway, Denton Kim Phillips and Matthew Laughlin, DentonRadio.com, 414 W. Parkway, Denton Laura Logan, Lucky Locus Beauty Bar, 116 N. Austin St., Denton Linda Anne Kolanko, Cruise Planners, 2101 Belmont Park Drive, Denton Lisa Perez, L.D.P. Speech Therapy Denton, 1224 E. Hickory St., Apt. 3, Denton Margaret Connealy, PAC’s Products, 1606 E. McKinney St., Denton Mark King, Lone Wolf Trapping Company, 5049 Golden Circle, Denton Mary Dean, VURU 2616 John Drive, Denton Matthew Ginther, DigiFun Fundraising, 532 Alegre Vista Drive, Denton

BUILDING PERMITS

The following building permits were issued by the Denton Planning and Development department in September. Commericial alterations and commercial permits reflect the owner or tenant and the address of the business. Residential permits include the address and the total valuation of the home. CERTIFICATES OF OCCUPATION Adam Vaugh, 2321 N. Masch Branch Road, No. 306 Berdy Tjandramulia, 531 Londonderry Lane, Billy M. and Anna Ennis, 119 N. Elm St. Cody Smithers, 508 S. Elm St., No. 105 Corbin Realty I LP., 3500 Shelby Lane Dallas Ski Boats, 2401 Worthington Drive, No. 139 Denton Alf LLC, 2125 Brinker Road Faraz Ahmad, 525 Fort Worth Drive, No. 101 First Refuge Ministries, 1010 N. Elm St., No. 106 GTriangle Operating LLC, 3919 E. McKinney St., No. 1 and No. 6 John Cushman, 207 N. Austin St. John Patton, 2430 S. I-35E, No. 164 Joseph Boswell, 1504 E. McKinney St., No. 200 KBJ Properties Inc., 2617 Scripture St., No. 101 Masch Branch Realty 2269 N. Masch Branch Road, Building 1 2301 N. Masch Branch Road, No. 229 Mohammed Lodhi, 2401 Worthington Drive, No. 145 Red 288, Invest Ltd., 1435 S. Loop 288, No. 123 Scripture Doctors Park, 1614 Scripture St., No. 200 Store Here LLC, 3923 E. McKinney St. Teasley Square Shopping, 1776 Teasley Lane, No. 108 Whiteley Holdings Group, 1113 Dallas Drive COMMERCIAL ALTERATION Best Western, 2910 W. University Drive City of Denton, 1685 Spencer Road David T. Sung, 2912 Augusta Drive D-BAT Denton, 1003 Shady Oaks Drive District Parole Office, 1113 Teasley Lane Locust Street Partners, 902 N. Locust St. Peterbilt Motors, 3200 Airport Road Shady Shores Community, 320 W. Eagle Drive Techy & Co. Hair Studio, 1720 W. University Drive, No. 104 The Juicery Organic Juice, 508 S. Elm St., No. 104 Urban Square, 3202 Unicorn Lake Blvd. Vacant, 2434 S. I-35E Zera’s Coffee, 420 E. McKinney St. COMMERCIAL Ashton Dallas Resident, 2408 Prescott Downs Drive City of Denton 1671 Spencer Road 2000 Geesling Road

Denton Market Street Properties 3839 Market St. 3841 Market St. Lennar Homes, 2004 Vineland Ave. RESIDENTIAL ARAF Inc. 300 Vickery Way 5708 Tawakoni Drive Beazer Homes 3309 Hawks View Lane 7336 Sweetgate Lane 3209 Hawks View Lane 3320 Hawks View Lane Bloomfield Homes 4912 Parkplace Drive 4812 Parkplace Drive 6021 Eagle Mountain Drive 4712 Brookside Drive Colby and Alicia Cobb, 4908 Argyle Lane Doug Herzog, 7909 Rodeo Drive DR Horton 5817 Glenwood Drive 2409 Windhaven Drive 2409 Lighthouse Drive 2412 Windhaven Drive DR Horton Texas Ltd. 5901 Longmont Drive 2505 Pioneer Drive First Texas Homes 3208 Key Largo Lane 3112 Key Largo Court 3008 Bella Lago Drive History Maker Homes 3421 Oceanview Drive 3409 Camino Real Trail 3400 Seaside Drive HMH Lifestyles LP 3620 Camino Real Trail 3304 Skelton St.

NAME — DBA/ADDRESS Mickey Underhill, Mickey’s Steam Carpet Cleaning Co., 505 Fort Worth Drive, No. 106, Denton Nahidah Ahmad, ARN’s Construction LLC, 3077 Olympia Drive, Denton Nathan Morris, Elite Water Technologies, 320 Audra Lane, Apt. C, Denton Paciano Wences-Cortez, PWC Cleaning Services, 3503 Meadowlark Lane, Denton Patel Dineshkumar, Globaltech Supply, 313 Thomas St., 18 Eagle Rock, Denton Paul M. Estephan, Brotherhood Construction, 191 Duchess Drive, Apt. 1322, Denton Rhonda Stoneburner, Billy Shears Salon, 1513 Malone St., Denton Richard Gilbert, Richard Gilbert Band, 501 S. Locust St., Apt. 1203, Denton Rigoberto Alanis, Redline Autos, 627 S. Mayhill Road, Suite A, Denton Rosalinda Garcia, University Lanes High Rollers League, 1212 E. University Drive, Denton Samuel Hawkins, Baker St. Design and Construction, 116 Meadowbreak Circle, Denton Sarah Pattie, Shutter Slice Designs, 4616 Dogwood Drive, Denton Shellion Reid, Bles That Jerk, 215 N. Ruddell St., Denton Silvano Uriostegui, Silvano’s Counter Tops Inc., 621 Mayhill St., No. 25, Denton Susan Carol Davis, Curious Dog Creative, 807 Live Oak St., Denton Susie McAdams, El Jefe Auto Sales and Repair, 504 N. Mayhill Road, Denton Susie McAdams, M-Flex Remodeling, 417 Kingfisher Lane, Denton Teo Real Estate LLC, University Manor Apartments, 209-213 Ave. G, Denton Tim Epting, Epting Pest Prevention, 419 Mounts Ave., Denton Trayce Hudy, Joyas Jewelry, 2205 High Meadow Drive, Denton

Innovation Builders 3509 Tuscan Hills Circle 4704 Brookside 4708 Brookside 6025 Eagle Mountain Drive 3524 Tuscan Hills Circle 3012 Bella Lago Drive Lennar Homes 1904 Sapphire St. 4013 Hialeah Drive 4104 Hialeah Drive 4108 Hialeah Drive 4116 Hialeah Drive LGI Homes 2428 Long Meadow Court 2420 Long Meadow Court 2425 Spring Meadows Drive 2501 Spring Meadows Drive 2505 Spring Meadows Drive 2509 Spring Meadows Drive 2517 Spring Meadows Drive 2520 Summer Trail Drive 2424 Spring Meadows Drive 2500 Spring Meadows Drive 2504 Spring Meadows Drive 2508 Spring Meadows Drive 909 Summer Oaks Drive Mahesh Surati, 3821 Lauren’s Place Road Robson Denton Dev. LP 9516 Crestview Drive 11709 Southerland Drive 11801 Southerland Drive 10025 Obsidian Drive 10101 Obsidian Drive 10104 Cypress St. 9416 Crestview Drive 8500 Sterling Drive 9708 Rivercrest Drive 9212 Ambrosia Court 10113 Sandhurst Drive 8704 Crestview Drive 9412 Crestview Drive 9712 Lindenwood Trail 9624 Crestview Drive 11637 Melrose Drive VOC1B LLC 3413 Camino Real Trail 3201 Peninsula Trail 3504 Camino Real Trail

SALES TAX

The following sales permits were issued by the state comptroller’s office for September. The list includes the owner, name of business and address within ZIP codes 75033, 75034, 75065, 75068, 76201, 76205, 76207, 76208, 76209, 76210, 76226, 76227, 76234, 76249, 76258, 76259 and 76266. 75033 Evalena Joy Mandrell, Babbles Bubbles and Bows, 1750 FM423, Apt. 821, Little Elm Sang & Jung, IncVita Tailor, 2833 Eldorado Parkway, Suite 305, Little Elm 75034 David Arroyo Huerta, David's Art From The Heart, 1664 Lionheart Drive, Little Elm Lucia Isela Ramirez, Lucy Furniture And More, 1647 Witt Road, Suite 104, Little Elm 75065 Nesbitt Development Corp., Nes Design, 1745 Turbeville Road, Hickory Creek Robert Paterson, Robert Paterson, 1140 Point Vista Road, Hickory Creek Sandra Flowers and Lori Tredway, DMS Outfitters, 1 Lake Lane, Hickory Creek 75068 Candace L. Tate, Artsy Letters Children's Books, 2677 Whispering Trail, Little Elm Jennifermae Regacho, Jennifermae Regacho, 412 Willowlake Drive, Little Elm Lauren Mercedes and Dianna Blythe, Embellishing Moments, 2760 Sunbeam Drive, Little Elm Little Elm Friends of The Library, Little Elm Friends Of The Library, 100 W. Eldorado Parkway, Little Elm Mathew Mcguire, B A Mannmade, 1625 Flagstone Lane, Little Elm Shasta Ballard, Lemony Lime Boutique, 729 Mist Flower Drive, Little Elm Three P Affiliates LLC, Glass And Smoke, 1705 Nighthawk Drive, Little Elm 76201 940's LLC, 940's Kitchen & Cocktails, 219 W. Oak St., Denton Brian Matthew Montgomery, Computer Doctors, 1710 W. University Drive, Suite B, Denton Desiree Dianne Mccauley, Kevin's Automotive, 222 S. Elm St., Denton Jacksalu LcJuci, Pig, 708 N. Locust St., Denton Katelyn M. Montgomery, 1124911 W. Hickory St., Denton Kiwanis Club Of Denton, Texas Kiwanis Club Of Denton, 1001 N. Elm St., Denton Loni Puckett, The Juice Lab, 508 S. Elm St., Suite 104, Denton Love Gaye, Ligon Hairmance, 2213 Bolivar St., Denton N. D Robinson Inc, Dickey's Barbeque Pit, 2530 W. University Drive, Suite 1110, Denton Omar Raven Baltierra, Texasguidedexpeditions, 2424 W. Oak St., Apt. 102, Denton San Bay Studio Inc., San Bay Studio Inc., 1429 Oakland St., Denton Zed Security LLC, Zed Security LLC, 624 W. University Drive, Suite 435, Denton 76205 Airgas USA LLC, Airgas USA LLC, 1139 Fort Worth Drive, Denton Alejandra Lara Montalvo, El Ruby Beautiful Salon, 710 E. Prairie St., Denton Casey Shults LLC, Casey Shults LLC, 2010 Mercedes Road, Denton Davina Rose Wagner, The Turtle And The Hare, 1416 Sandy Creek Drive, Denton Lonestar Fence & Supply LLC, Lonestar Fence & Supply LLC, 2200 N. I-35E, Denton Michael G Milson, Blue Skies Clothing, 1523 McCormick St., Denton Ophilly LLC, Ophilly, 2430 S. I-35E, Suite 164, Denton Priyanka Parajuli, Adventures Zone, 2201 S. I-35E, Denton Rosa Adriana M. Noriega, Dark N. Dust, 1116 Chapel Drive, Denton Shellion Annmarie Reid, Shellion Annmarie Reid, 215 N. Ruddell St., Denton Straus-Frank Enterprises LLC, Advance Auto Parts 3383, 900 Dallas Drive, Denton 76207 Feral Fabrication LLC, Feral Fabrication LLC, 2201 Windsor Farms Drive, Denton Jonathan David Hohman, Jon Hohman Photography, 3212 Hollycreek, Denton Kress Motor Cars LLC, Outback RV Of Texas Co., 5011 W. University Drive, Denton Nicodemus Investments LLC, North Star Dragway, 3232 Memory Lane, Denton

76208 Adriana Licea, Dinosour Burritos Mexican Grill, 4405 E. Pockrus Paige Road, Denton Anna Dewell Designs LLC, Anna Dewell Designs LLC, 3811 Desert Willow Drive, Denton Chad L. Chance LLC, Chad L. Chance LLC, 3908 Deer Forest Drive, Denton Juan Jose Gloria-Elizondo, Gloria Granite Co., 2108 Lake Haven Lane, Denton North Texas Solar LLC, North Texas Solar, 5048 Golden Circle, Denton Penske Truck Leasing Co. LP, Penske Truck Leasing Co. LP, 1900 Brinker Road, Denton Robert L. Ross, Stakold-Stakleen, 2060 Stockbridge Road, Apt. 8104, Denton Sharon D. Wilson, WW Embroidery, 4427 Spanish Oak Circle, Corinth Trayce Hudy, Joyas Jewelry, 2205 High Meadow Drive, Denton 76209 Alisha M. Keene, Alisha's Cleaning Services, 602 Cardinal Drive, Apt. 11e, Denton Alyssa Diane Resendiz, Alyssa Diane Resendiz, 606 Audra Lane, Apt. E, Denton Rene Saldivar, Firehouse 22, 1818 Greenwood Drive, Denton Sally Ann Williford, Sallyann's Sweet Designs, 2421 N. Bell Ave., Apt. 215, Denton The Dumpling Bros LLC, The Dumpling Bros, 420 E. McKinney St., Suite 104, Denton 76210 Jeanice Elizabeth Hare, Jeanice Elizabeth Hare, 2411 S. I-35E, Apt. 1521, Denton Josphat W. Watitu, Simba Motors, 4020 Lone Star Lane, Denton Kara Nelsen, Kara's Bake Shoppe, 3505 Clydesdale Drive, Denton Larry O. Imoeker, Zenola Enterprises, 2302 Post Oak Drive, Corinth Larry Thayne Meyer II, Frozen Photons, 2608 Hollow Ridge Drive, Denton Laurie Faubus, Live and Conquer, 8001 Mirror Rock Lane, Denton Rebecca F. Jackson, Becky Quilts, 2213 Creek Crossing Drive, Corinth Rena Hayari, Lavender Linens Import Export, 2902 Custer Drive, Corinth Rosalyn S. Smith, Three Zero Six Industries, 3150 Garrison Road, Apt. 718, Corinth Spartindale Fitness LLC, Anytime Fitness, 5050 Teasley Lane, Denton Vanessa Osborne, Styles By V, 2710 Parkview Drive, Corinth 76226 Jerry Vestus Ritchie, J V Ritchie Company, 748 Cimmaron Court, Argyle 76227 Angela Dawn Randall, Angie Dawn Photography, 1113 Goldeneye, Aubrey Aramark Educational Services LLC, Aubrey I.S.D. 8783, 415 Tisdell Lane, Aubrey Brown And Sons Plumbing & Air Conditioning Inc., Brown And Sons Plumbing & Air Conditioning Inc., 903 S. U.S. Highway 377, Aubrey Mark Mitchell, Paradise Carts, 6680 Paradise Drive, Aubrey Michael Paul Welch, Michael Paul Welch, 1231 Mallard Creek, Aubrey Race Garbrandt, Race Garbrandt, 809 Hartfield St., Aubrey Spartindale Fitness Aubrey LLC, Anytime Fitness, 26735 E. U.S. Highway 380, Little Elm 76234 Bbw Services LLC, The Grounds Guys Of Decatur, 109 Private Road 3137, Decatur Buster Wayne Doherty, Alamosta Ranch North, 1077 County Road 4270, Decatur Hornback Electrical Services Inc., Hornback Hunter Electrical Services Inc., 130 County Road 4223, Decatur Marie Potter, Ramp Crosses & Crafts, 115 Private Road 4524, Decatur Micheal W. Tune, Tune's Construction Services, 366 County Road 1110, Decatur Tammye K. Reed, Wise Gift Baskets, 201 E. Collom St., Decatur

SALES | CONTINUED ON PAGE 23

Denton Business Chronicle

October 2015


22 Denton Business Chronicle

October 2015

Vital Statistics MIXED BEVERAGE TAX

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

American Legion Post No. 550, 905 N. Foundation, Pilot Point, $1,012.30 Andy's Bar And Grill, 122 N. Locust St., Denton, $6,413.97 Angelina's Mexican Restaurant, 1400 N. Corinth St., Suite 111, Corinth, $1,118.16 Applebee's Neighborhood Grill, 707 S. I-35E, Denton, $2,968.56 Applebee's Neighborhood Grill, 2672 FM423, Little Elm, $2,892.05 Aramark Educational Services, 303 Administration St., Hubbard, Denton, $118.45 Ashton Gardens, 2001 Ashton Gardens Lane, Corinth, $1,901.92 B.P.O.E. Denton No. 2446, 228 E. Oak St., Denton, $710.26 Barley & Board, 100 W. Oak St., Suite 160, Denton, $4,063.75 Best Western Area Crown Chase, 2450 Brinker Road, Denton, $243.41 BJ's Restaurant & Brewery, 3250 S. I-35E, Denton, $4,603.90 Black-Eyed Pea, 2420 S. I-35E, Denton, $99.89 Bono's Chop House & Saloon, 2025 N. U.S. Highway 287, Decatur, $1,670.37 Boomerjack Wings No. 8, 407 W. University Drive, Denton, $1,188.58 Brunswick Zone Denton, 2200 San Jacinto Blvd., Denton, $792.34 Buffalo Wild Wings Grill & Bar, 1400 S. Loop 288, Suite 110, Denton $3,201.12 Cabana Beverages Inc., 2330 W. University Drive, Denton, $0 Casa Torres Mexican Restaurant, 2708 FM51, Decatur, $1,203.72 Chili's Grill & Bar, 600 S. U.S. Highway 287, Decatur, $2,212.07 Chili's Grill & Bar No. 759, 8394 S. I-35E, Hickory Creek, $0 Chili's Grill& Bar, 2406 N. I-35E, Denton, $1,859.31 Chilitos Private Club Inc., 619-623 S. Denton Drive, Lake Dallas, $386.52 Chipotle Mexican Grill, 1224 W. Hickory St., Denton, $39.66 Chuy's Denton, 3300 Wind River Lane, Denton, $5,101.51 Cool Bean's, 1210 W. Hickory St., Denton, $2,979.02 Cool Bean's, 1210 W. Hickory St., Denton, $3,178.34 Courtyard By Marriott, 2800 Colorado Blvd., Denton, $222.77 Crossroads Bar, 1803 N. Elm St., Denton, $1,037.42 Crossroads Bar, 1803 N. Elm St., Denton, $729.83 Dani Rae's Gulf Coast Kitchen, 2303 S. I-35E, Denton, $1,198.76 Dan's Silverleaf, 103 Industrial St., Denton, $2,461.24 Denton Country Club, 1213 Country Club Road, Argyle, $2,989.13 Drunken Donkey Bar & Grill, 3350 Unicorn Lake Blvd., Denton, $6,920.49 Dusty's Bar & Grill & Haileys, 119 S. Elm St., Denton, $4,385.21 East Side Denton - Oak Street, 117 E. Oak St., Denton, $13,075.31 East Side Social Club, 117 E. Oak St., Denton, $0 El Fenix-Denton Texas, 2229 S. I-35E, Denton, $923.26 El Guapo's, 419 S. Elm St., Denton, $853.84 Ernesto's Mexican Restaurant, 10279 E. FM455, Suite 1, Pilot Point, $1,786.89 Fry Street Public House, 125 Ave. A, Denton, $4,793.38 Fuzzy's Taco Shop, 109 N. State St., Decatur, $1,321.77 Fuzzy's Taco Shop, 2412 S. I-35E, Denton, $1,531.01 Fuzzy's Taco Shop, 1044 Maple St., Suite 101, Sanger, $380.02 Fuzzys Taco Shop, 421 S. U.S. Highway 377, Argyle, $865.90 Fuzzy's Taco Shop Cross Roads, 11450 U.S. Highway 380, Suite 160, Cross Roads, $1,382.07 Genghis Grill The Mongolian, 2416 Lillian Miller Parkway, Denton, $0 Genti's Private Club Inc., 3700 FM2181, Hickory Creek, $392.15 Good Eats No. 729, 5812 N. I-35, Denton, $0 Hannahs, 111 W. Mulberry St., Denton, $3,184.57 Harvest House, 331 E. Hickory St., Denton, $8,678.24 Hickory Street Lounge, 212 E. Hickory St., Denton, $1,836.13 Hilton Garden Inn Denton, 3110 Colorado Blvd., Denton, $692.37 Holiday Inn Denton, 1434 Centre Place Drive, Denton, $286.49 Hooligans LLC, 104 N. Locust St., Denton, $4,226.29 Hooters, 985 N. I-35E, Denton, $3,458.00 Hooters of Denton, 985 S. I-35E, Denton, $4,714.32 Horny Toad Cafe & Bar, 5812 N. I-35, Denton, $1,114.61

Hula Hut Restaurant, 210 E. Eldorado Parkway, Little Elm, $0 II Charlies Private Club, 809 Sunset St., Denton, $4,665.74 J R Pockets Club, 1127 Fort Worth Drive, Denton, $2,542.18 Jackie's, 201 Main St., Lake Dallas, $2,424.79 Jack's Tavern, 508 S. Elm St., Suite 101, Denton, $2,536.08 Jack's Tavern, 508 S. Elm St., Suite 101, Denton, $2,513.57 Johnny Carino's Italian, 1516 Centre Place Drive, Denton, $708.72 Keiichi LLC, 500 N. Elm St., Denton, $370.30 Kobe Sushi & Steak LLC, 2832 E. Eldorado Parkway, Suite 208, Little Elm, $243.81 La Casa Velez, 2831 W. Eldorado Parkway, Suite 112, Little Elm, $932.17 La Milpa Mexican Restaurant, I820 S. I-35E, Unit 1, Denton, $1,521.30 Lake Dallas Point Restaurant, 303 Swisher Road, No. 100, Lake Dallas, $2,138.77 Lake Ray Roberts Area Elks Lodge, 1601 Marina Circle, Sanger, $183.58 Lake Ray Roberts Area Elks Lodge, 1601 Marina Circle, Sanger, $189.54 Lantana Golf Club, 800 Golf Club Drive, Argyle, $1,865.88 Las Cabos Cantina, 4451 FM2181, Corinth, $144.11 Lone Star Attitude Burger Co., 113 W. Hickory St., Denton, $5,455.20 Los Jalapenos Restaurant, 420 E. Eldorado Parkway, Little Elm, $256.14 Lowbrows Beer and Wine Garden, 200 W. Washington St., Pilot Point, $462.09 Lucky Lou's, 1207 W. Hickory St., Denton, $9,020.74 Mable Peabody's Beauty Parlor, 1125 E. University Drive, Suite 107, Denton, $1,500.39 Mellow Mushroom, 217 E. Hickory St., Denton, $1,805.24

Meritt Ranch Beverages Limited, 2946 Ganzar Road W., Denton, $132.19 Metzlers Food And Beverage Inc., 1251 S. Bonnie Brae St., Denton, $349.07 Mi Sueno Club, 2648 E. FM407, Suite 150, Bartonville, $0 Mi Taza Latin Tex-Mex Café, 5017 Teasley Lane, Suite 101, Denton, $660.95 Miguelito's, 1521 E McCart St., Krum, $687.95 Miguelitos, 1412 N. Stemmons St., No. 178, Sanger, $1,189.25 Milestone Events LLC, 1301 W. Sherman Drive, Aubrey, $504.51 Movie Tavern Denton, 4916 W. University Drive, Denton, $2,177.70 Muddy Jake's Sports Grille, 222 W. Hickory St., Suite 104, Denton, $1,299.66 Mulberry Street Cantina, 110 W. Mulberry St., Denton, $3,548.52 Mulberry Street Cantina, 110 W. Mulberry St., Denton, $2,929.50 Norman Heitz Memorial Post 104, 501 Thompson Drive, Lake Dallas, $1,440.23 Oak Street Drafthouse Club, 308 E. Oak St., Denton, $5,986.24 Oakmont Country Club, 1200 Clubhouse Drive, Corinth, $1,989.36 Ollimac Company, 1400 Corinth Bend Suite 103, Corinth, $725.87 On The Border, 2829 S. I-35E, Denton, $3,119.18 Outback Suiteakhouse, 300 S. I-35E, Denton, $2,021.39 Parker Brothers Trail Dust, 1200 S. Stemmons St., Sanger, $47.36 Parker Brothers Trail Dust, 1200 S. Stemmons St., Sanger, $445.01 Pedro's Tex Mex & Grill, 420 E McKinney St., Suite 100, Denton, $272.75 Pedro's Tex Mex & Grill, 420 E McKinney St., Suite 100, Denton, $256.47

Pedro's Tex Mex & Grill, 209 S. Washington St., Pilot Point, $464.10 Pedro's Tex Mex & Grill, 209 S. Washington St., Pilot Point, $552.75 Pei Wei Fresh Kitchen, 1931 S. Loop 288, Suite 130, Denton, $82.14 Phil Miller Post No. 2205 VFW, 909 Sunset St., Denton, $1,077.56 Pilot Point Columbus Club, 221 N. Prairie St., Pilot Point, $10.92 Pizza Hut, 730 S. Highway 377S., Pilot Point, $20.30 Pollo Tropical Beverages LLC, 2220 S. Loop 288, Denton, $29.68 Prairie House Restraunt, 10001 U.S. Highway 380, Cross Roads, $1,310.78 Queenie's Suiteakhouse, 113 E. Hickory St., Denton, $2,087.51 Red Lobster No. 6349, 2801 S. I-35E, Denton, $1,381.20 Ringers, 807 Eagle Drive, Denton, $529.76 Riprock's, 1211 W. Hickory St., Denton, $4,382.26 Rock 101 Patio Grill, 2833 Eldorado Parkway, Suite 301, Little Elm, $4,885.23 Rockin Rodeo, 1009 Ave. C, Denton, $5,357.85 Rocky's Sports Bar, 2000 W. University Drive, Denton, $2,053.41 Rooster's Roadhouse, 113 Industrial St., Denton, $2,857.61 Rooster's Roadhouse Decatur, 106 N. Trinity St., Decatur, $1,314.47 Rosa's Cafe & Tortilla Factory, 1275 S. Loop 288, Denton, $254.73 RT's Social Club Inc., 1100 Dallas Drive, Suite 124, Denton, $6,869.97 Ruby-Jeans Social Club Inc., 309 N. FM156, Ponder, $774.98 Rusty Taco Denton, 210 E. Hickory St., Denton, $736.46 Savory Bistro & Gourmet To Go, 2650 E. FM407, Suite 165, Bartonville, $994.88 Sean's Mesquite Pit BBQ, 401 N. U.S. Highway 287, Decatur, $29.34 Service Industry, 222 W. Hickory St., Suite 103, Denton, $1,110.05 Side Bar, 109 Ave. A, Denton, $1,089.28 Sushi Café, 1115 W. Hickory St., Suite 100, Denton, $99.29

Sweetie Pie's Ribeyes, 201 W. Main St., Decatur, $385.65 Sweetwater Grill & Tavern, 115 S. Elm St., Denton, $1,632.58 Tex Tapas, 109 Industrial St., Denton, $288.16 Texas Roadhouse, 2817 S. I-35E, Denton, $3,026.05 The Abbey Inn Restaurant & Pub, 101 W. Hickory St., Denton, $2,964.01 The Aztec Club, 720 W. University Drive, Denton, $1,608.20 The Bears Den, 11670 Massey Road, Pilot Point, $210.11 The Draft House Bar & Grill, 2700 E. Eldorado Parkway, Suite 250, Little Elm, $88.44 The Fry Street Tavern, 121 Ave. A, Denton, $4,013.90 The Garage, 113 Ave. A, Denton, $3,471.00 The Green House, 600 N. Locust St., Denton, $1,707.96 The Loophole, 119 W. Hickory St., Denton, $3,224.64 The Olive Garden Italian Restaurant, 2809 S. I-35E, Denton, $1,488.47 Toms Daiquiri Place, 1212 W. Mulberry St., Denton, $172.86 Tower Tap House, 290 E. Eldorado Parkway, Little Elm, $3,477.03 University Lanes, 1212 E. University Drive, Denton, $677.63 Varsity Roadhouse, 26781 E. U.S. Highway 380, Little Elm, $1,818.71 Verona Pizza Italian Restaurant, 201 Loop 81, Decatur, $41.54 Villa Grande Mexican Restaurant, 12000 U.S. Highway 380, Suite 100, Cross Roads, $1,714.99 Villa Grande Mexican Restaurant, 2530 W. University Drive, Suite 114, Denton, $1,604.11 Vitty's Sports Bar, 1776 Teasley Lane, Suite 102, Denton, $1,349.71 Vizcarra, 114 W. Congress St., Denton, $164.35 Wild Horse Grill, 9400 Ed Robson Circle, Denton, $2,249.12 Wing Daddys Sauce House, 2763 E. Eldorado Parkway, Suite 105, Little Elm, $0 Wing Daddys Sauce House, 2763 E. Eldorado Parkway, Suite 105, Little Elm, $2,059.17 Wing Daddys Sauce House, 2763 E. Eldorado Parkway, Suite 105, Little Elm, $3,573.91 Wing Town, 4271 FM2181, No. C316, Corinth, $0

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23

Vital Statistics LIENS

VEHICLE SALES

STATE TAX LIENS

DOMESTIC CARS TYPE Limited sales excise and use tax Limited sales excise and use tax Limited sales excise and use tax

AMOUNT $1,330.90 $1,399.34 $5,786.76

REC. DATE 09/03/2015 09/21/2015 09/29/2015

TYPE Limited sales excise and use tax

AMOUNT $4,913.40

REC. DATE 09/15/2015

TYPE 941 1040 1040 1040

AMOUNT $8,025.91 $50,689.65 $51,691.06 $37,636.54

REC. DATE 09/10/2015 09/24/2015 09/24/2015 09/24/2015

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

AMOUNT $14,495.96 $1,958.21 $2,045.23 $7,198.70 $28,856.29 $945.82 $945.82 $43,795.95 $13,958.47 $907.89 $14,715.71 $26,765.73 $13,213.34 $11,059.12 $13,564.94

REC. DATE 09/02/2015 09/02/2015 09/02/2015 09/10/2015 09/10/2015 09/17/2015 09/17/2015 09/17/2015 09/17/2015 09/17/2015 09/24/2015 09/24/2015 09/28/2015 09/30/2015 09/30/2015

CONTRACTOR Hobert Pools Inc. Lakeway Homes Inc. Landmark Contracting

AMOUNT $40,000.00 $464,341.37 $70,470.00

REC. DATE 09/02/2015 09/04/2015 09/08/2015

RELEASE OF STATE TAX LIENS NAME/ADDRESS Bimmerle Construction Inc., 1026 James Price Court, Argyle

FEDERAL TAX LIENS NAME/ADDRESS John D. Shiver and Associates Inc., 520 N. Austin St., Denton Chris and Tracy Graham, 7305 Chittamwood Court, Denton Percy P. Jr. Woodard, 3113 Windy Hill, Denton Larry A. and Leah M. Harbour II, 3717 Oceanview Drive, Denton

RELEASE OF FEDERAL TAX LIENS NAME/ADDRESS Shawn Cagle, City Hall Bail bonds, 1602 E. McKinney St., Denton Shawn Cagle, City Hall Bail bonds, 1602 E. McKinney St., Denton Shawn Cagle, City Hall Bail bonds, 1602 E. McKinney St., Denton Raymond L. and Hiltrun M. Brown, 705 Pace Drive, Denton Roderick and Joannette Calloway, 1817 White Dove Lane, Denton Casey D. Oxford, 2804 Arabian Ave., Denton Elizabeth Oxford, 2804 Arabian Ave., Denton John J. and Marcia M. Pellicone, 530 E. Hickory Hill Road, Argyle Woodhill Farm Inc., 1250 Rockgate Road, Argyle Cool Beans, 12010 W. Hickory St., Denton Ramon A. Cruz, 624 W. University Drive, No. 397, Denton Daniel J. Bell, 920 Cruise St., Denton Springbok Academy Inc., 1300 Fulton St., Suite 502, Denton Kiwanis International, 604 S. Elm St., Denton Linda L. and Michael C. Norman, 3013 Enchanted Oaks Circle, Corinth

MECHANICS LIENS NAME/ADDRESS Horace and Cherita Taylor, 3105 Mason Ave., Corinth Earl and Rebecca Cheek, 345 Ellison Trace, Argyle Joshua and Angela M. Marshall, 1105 Skylark Drive, Denton

SALES TAX

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

SALES | CONTINUED FROM PAGE 21 76249 5 M Services LLC, 5 M Services LLC, 1227 Aztec Trail, Krum North Texas Chimney & Hearth LLC, North Texas Chimney And Hearth, 6825 Jackson Road, Krum Tomas Torres, Taqueria San Rafael, 100 S. 1st St., Krum 76258 Local Convenience Plus LLC, Local Convenience Plus, 1293 S. U.S. Highway 377, Pilot Point Martindale Fitness - Pilot Point LLC, Anytime Fitness, 770 S. U.S. Highway 377, Suite 205, Pilot Point

Michael Cordell, C&M Wholesale, 1200 Massey Road, Pilot Point O'Reilly Auto Enterprises LLC, O'Reilly Auto Parts No. 5512, 660 S. U.S. Highway 377, Pilot Point Tenfold Technologies LLC, Tenfold Technologies LLC, 801 S. U.S. Highway 377, Pilot Point Whistle Post Brewing Company LLC, Whistle Post Brewing Company, 219 W. Division St., Pilot Point 76259 North Texas Integrity Septic & Pumping LLC, North Texas Integrity Septic & Pumping LLC, 7588 FM 2449, Ponder

October 2015

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

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

NAME/ADDRESS Amitea Inc., 3728 Lake Country Drive, Denton Twin Vapor Enterprises LLC, 6105 Highfield Park, Denton Pengs Brother Corp., 4005 Teasley Lane, Denton

Denton Business Chronicle

76266 Carly R. Brown, The Rustic Rose Boutique, 205 N. 4th St., Sanger Donavon R. Gibbs, Bargainsales DMG, 6387 Bar None Trail, Sanger Donna Anita Dobbs, Donna's Sewing Room, 7754 Davidson Road, Sanger Francis R. Kling, Kling Enterprises, 3100 Union Hill Road, Sanger Garden Gate Design & Landscape Inc., Garden Gate Design, 4703 Belz Road, Sanger Mary Wiley, High Mountain Blanket Factory, 2300 S. Stemmons St., Sanger

Acura Buick Cadillac Chevrolet Chrysler Dodge Fiat Ford GMC Honda Jeep Lexus Lincoln Mazda Mercedes-Benz Mitsubishi Nissan Ram Subaru Toyota Volkswagen Other Total

August sales 0 3 6 61 19 46 0 128 0 100 24 0 0 21 0 0 137 0 5 61 32 13 656

DOMESTIC TRUCKS Year to date 8 33 78 565 163 395 0 1,064 1 1,004 88 0 1 146 0 0 1,001 10 53 520 489 17 5,636

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

August sales 0 0 0 0 3 0 0 2 0 0 0 0 18 31 0 0 0 69 1 0 2 1 0 1 37 0 2 0 16 3 1 1 0 0 21 5 88 3 0 2 307 963

Year to date 1 0 0 6 15 1 0 41 0 0 12 0 168 329 0 1 0 484 2 0 5 2 0 1 259 0 19 1 136 88 2 6 0 0 186 41 653 28 0 3 2,490 8,126

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

August sales 0 15 205 0 16 358 2 60 48 0 89 4 0 0 0 0 28 11 0 77 14 25 0 4 1 957

Year to date 0 188 1,630 0 141 2,447 20 676 378 4 821 4 3 1 0 6 152 137 7 710 134 154 0 4 7 7,624

IMPORTED TRUCKS Acura Audi BMW Buick Chevrolet Fiat Ford Freightliner Fuso Hino Honda Hyundai Infiniti Isuzu Jeep Kia Land Rover Lexus Lincoln Mazda Mercedes-Benz Mini Mitsubishi Nissan Porsche Ram Subaru Toyota Volkswagen Volvo Western Star Others Total Total trucks Total vehicle sales

August sales 0 0 0 13 3 0 8 0 0 0 26 6 0 4 14 86 1 0 0 24 0 0 14 124 0 1 49 93 4 0 0 0 632 1,914 5,750

Year to date 6 2 3 111 32 0 51 0 0 0 255 113 1 25 34 501 5 6 0 229 3 0 78 808 2 6 216 720 44 2 0 0 4,971 14,436 43,068

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24 Denton Business Chronicle

October 2015


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