Consent items:
Minutes of the December 2007, Town Council meeting minutes were approved by general consent.
Treasurer Report by Ald. Pat Monson:
Check was received for $10,000 as fee for Cultural Education Finance Corp $1M bond.
Check was received toward the work for the Phase II development of the New Hope Town Park.

Item 1. Approved work toward grant funding for the Park and bridges is nearly completed. Pavilion plans are being worked and also some additional landscaping. There was some discussion regarding completed phase and anticipated efforts.

Item 2. Joe Jaynes, representative for Collin County, announced and presented large poster picture of the grant check awarded to New Hope for the Town Park development.

Item 3. There was discussion concerning term of appointed and elected alderman. Mayor Johnny Hamm made a motion to appoint Gene Fowler to vacant alderman position until May 2008. Bill Sommers seconded. Motion passed.

Item 4. Council members approved a similar agreement in December. We received $10,000 for this effort. Another $6,150 agreement was offered. Mayor Johnny Hamm made a motion for resolution to accept offer. Pat Monson made a second. Motion passed.

Item 5. Notice concerning New Hope's notice to change banks must be posted in the newspaper prior to change. Motion was made by Mayor Johnny Hamm to post notice of bank change. All approved.