HomeMy WebLinkAbout01-08-96 TC Min107
WESTLAKE DEVELOPMENT CORPORATION
MINUTES OF INITIAL MEETING OF THE
BOARD OF DIRECTORS
JANUARY 8,1996
Present: Dale White
Fred Held
Abe Bush, Jr.
Howard Dudley
Carroll Huntress
Scott Bradley
Paul Isham
Absent: Roland Arthur
The meeting was called to order at 6:35 p.m. by the Town Attorney Paul Isham.
Item 41: Appoint a temporary president. Dale White was nominated by Scott Bradley,
seconded by Fred Held.
Mr. White was elected unanimously.
Item #2: After much discussion and some amendments to the draft of the bylaws
circulated to the Directors, Scott Bradley moved to adopt the bylaws for the
Corporation as amended. Seconded by Dale White.
Motion carried unanimously.
The Board considered Item #4 before Item #3.
Item #4: Motion by Abe Bush, Jr., seconded by Howard Dudley, to designate the Town
Secretary and the Town Attorney to serve in the same capacity for the
Corporation.
Motion carried unanimously.
Item 43: Fred Held was nominated by Carroll Huntress, seconded by Abe Bush, Jr., to
serve as Vice President. Mr. Held was elected unanimously. Carroll Huntress
was nominated by Scott Bradley, seconded by Dale White, to serve as
Treasurer. Mr. Huntress was elected unanimously.
Item #5: Motion by Scott Bradley, seconded by Carroll Huntress, to use the Westlake
Bank, the same depository as the Town, as the depository for the Corporation,
and to authorize all officers as signatories on the account, but require two
signatures on checks.
Motion carried unanimously.
January 8, 1996
Initial meeting
Item #6: Scott Bradley suggested quarterly meetings, with the next meeting in April
before the Board of Aldermen meeting. Carroll Huntress so moved, seconded
by Abe Bush, Jr.
Motion carried unanimously.
The meeting was adjourned at 7:00 p.m.
Dale White, President
ATTEST:
Ginger Crosswy, Secretary
199
TOWN OF WESTLAKE
MINUTES OF
BOARD OF ALDERMEN MEETING
JANUARY 8,1996
Present: Scott Bradley, Mayor
Carroll Huntress, Mayor Pro -Tem
Al Oien, Member
Howard Dudley, Member
Fred Held, Member
Jerry Moore, Member
Paul Isham, Town Attorney
Roland Jary, Town Engineer
Ernest Hedgcoth, Town Engineer
The meeting was called to order at 7:10 p.m. by Mayor Scott Bradley. The
minutes of the December 11, 1995 regular meeting were approved as presented.
Item #2: Citizens' Presentation: No one addressed the Board.
Item #3: Report on the Texas Student Housing Corporation. Mayor Bradley reported
that the first phase of the purchase of the dormitory properties at Texas A&M
University closed on December 29, 1995 with the second phase to close before
January 19, 1996.
Item 94: Ratify an amendment to the Articles of Incorporation of Texas Student
Housing Corporation, deleting current Article IV thereof and substituting in its
place the following:
Article IV
The purpose of the Corporation is to act on behalf of the Town of Westlake and
as its duly constituted authority and instrumentality to exercise the powers
granted to an authority under the provisions of the Act, and to exercise all
powers granted under the Texas Non -Profit Corporation Act as provided in the
Act.
Motion by Carroll Huntress, seconded by Howard Dudley, to ratify this
amendment to the Articles of Incorporation of the Texas Student Housing
Corporation.
Motion carried unanimously.
110
January 8, 1996
Regular meeting
Item #5: Consider (a) the final plat filed by Realty Capital Corporation for a 23.22 -acre
tract of land in the G.B. Hendricks Survey, Abstract No. 680, to be known as
The Estates, an addition to the Town of Westlake, and (b) an agreement with
Realty Capital corporation regarding the development of the tract. Mr.
Richard Myers, President of Realty Capital Corporation, addressed the Board
showing an artist's rendering of the front entrance and the landscape buffer to
be used in the development of this tract of land. After several questions
concerning the visibility at the entrance, the Aldermen determined they needed
more time to consider the agreement specified in item (b) above. Carroll
Huntress moved to approve the final plat tonight with a special meeting to be
held Monday, January 15, 1996 to consider the developer's agreement.
Seconded by Jerry Moore.
Motion carried unanimously.
Item #6: Motion by Al Oien, seconded by Fred Held, to approve the following 1996
paid holidays for employees after 90 days of employment:
New Years Day
Memorial Day
Independence Day
Labor Day
Thanksgiving
Christmas
Motion carried unanimously.
Item #7: No other business was brought before the Board.
Item #8: EXECUTIVE SESSION: The Board went into Executive Session at 7:45 p.m.,
pursuant to Chapter 551 of the Texas Government Code.
Mayor Bradley informed the Board of a meeting he and Carroll Huntress are to
have with Sam Lee tomorrow morning about the proposed bank at the
northwest corner of Roanoke Road and S.H. 170.
Mayor Bradley informed the Board he is selling some of his property.
The Board reconvened into open session at 8:00 p.m.
The meeting was adjourned at 8:00 p.m.
Scott Bradley, Mayor
ATTEST:
Ginger Crosswy, Town Secretary