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HomeMy WebLinkAbout11-25-09 TSHA Agenda Packet AGENDA BOARD OF DIRECTORS OF THE TEXAS STUDENT HOUSING AUTHORITY (AN INSTRUMENTALITY OF THE TOWN OF WESTLAKE) NOVEMBER 25, 2009 8:30 A.M. TEXAS STUDENT HOUSING OFFICE 3 VILLAGE CIRCLE, COUNCIL CHAMBERS/MUNICIPAL COURT ROOM WESTLAKE, TEXAS 1. CALL TO ORDER. 2. DISCUSS AND CONSIDER APPROVAL OF MINUTES FROM AUGUST 18, 2009, MEETING. 3. DISCUSS AND CONSIDER APPROVAL OF THE PROPOSED CHANGES TO SCHOLARSHIP EVALUATION SCORING. 4. DISCUSS AND CONSIDER APPROVAL OF THE PROPOSED CHANGES TO THE APPLICATION EVALUATION FORMS. 5. EXECUTIVE DIRECTOR’S REPORT. 6. DISCUSS THE 2010 MEETING SCHEDULE. 7. ADJOURN. I certify that the above notice was posted at the Town Hall of the Town of Westlake, 3 Village Circle, Westlake, Texas, on Wednesday November 19, 2009, by 5:00 p.m. under the Open Meetings Act, Chapter 551 of the Texas Government Code. CERTIFICATION _____________________________________ Kelly Edwards, Town Secretary If you plan to attend this public meeting and have a disability that requires special needs, please advise the Town Secretary 48 hours in advance at 817-490-5710 and reasonable accommodations will be made to assist you. MINUTES OF THE BOARD OF DIRECTORS OF THE TEXAS STUDENT HOUSING AUTHORITY (AN INSTRUMENTALITY OF THE TOWN OF WESTLAKE) August 18, 2009 PRESENT: President Jim Carter and Directors Jac Irvine, George Ledak, Jill McKean, and Todd Robichaux. ABSENT: Director Chuck Schultz. OTHERS PRESENT: President Pete Ehrenberg, General Counsel Scott Bradley and Secretary Kelly Edwards. 1. CALL TO ORDER. President Carter called the meeting to order at 5:49 p.m. President Carter asked for Todd and Kelly to introduce themselves to the Board. Todd has lived in GlenWyck Farms 2 years, he has a public and private finance background and he is married with 4 boys. Kelly lives in North Fort Worth, recently left Textron in the private sector and served as the City Secretary for the City of Roanoke for almost six (6) years. 2. DISCUSS AND CONSIDER APPROVAL OF MINUTES FROM MAY 26, 2009, MEETING. President Carter introduced the item and requested a motion. MOTION: Director Jac Irvine made a motion to approve the minutes of the May 26, 2009, meeting. Director Jill McKean seconded the motion. The motion carried by a vote of 4-0 with Directors Ledak and abstaining from the vote due to absence from the May 26, 2009, meeting. 3. HEAR AND DISCUSS REPORT BY TSHA TASKFORCE CHAIRMAN LARRY CORSON. The Taskforce met in July and decided on three (3) recommendations to present to TSHA and Council on the direction of the process. TSHA Board of Directors Page 2 of 3 Minutes August 18, 2009 The taskforce thought it was important to reduce the amount of full scholarships and to contiue the partial scholarship program to, determine the optimum number of scholarships and explore a White Knight investor to acquire the properties. They also would like to establish a clear process and strategy for the flow of funds from TSHA back to the town and the academy. It was recommended that and RFP be used to obtain an investor that is familiar with Student housing that can partner with TSH and purchase the bonds and take control of the properties. Larry said the goal is to find the right balance best for the TSH and Town. If an investor is chosen then we could determin the number of full and incremental scholarships given. Due to a number of economic issues the properties are underutilized. 4. DISCUSS AND CONSIDER APPROVAL OF THE PROPOSED CHANGES TO SCHOLARSHIP APPLICATION. President Carter introduced the item and requested a motion. MOTION: Director Robichaux made a motion to approve the Application as revised. Director Ledak seconded the motion. The motion carried by a vote of 5-0 Clarifying that no fee is require to process the application however upon acceptance of a partial scholarship a $250.00 non refundable rental deposit will be required at time of acceptance and will be applied to the students portion of the housing cost. 5. DISCUSS AND CONSIDER APPROVAL OF THE PROPOSED CHANGES TO SCHOLARSHIP SCORING PROCESS. The Board discussed several revisions but the item was postponed. MOTION: Director Jac Irvin made a motion to table THE PROPOSED CHANGES TO SCHOLARSHIP SCORING PROCESS until the September meeting. Director George Ledak seconded the motion. The motion carried by a vote of 5-0 6. REVIEW AND DISCUSS PROPOSED CHANGES TO 2010-2011 SCHOLARSHIP APPLICATION FOR BOTH HIGH SCHOOL SENIORS AND CURRENT COLLEGE STUDENTS. No Action Necessary TSHA Board of Directors Page 3 of 3 Minutes August 18, 2009 7. EXECUTIVE DIRECTOR’S REPORT. Executive Ehrenberg reviewed the 2009-2010 leasing status for all properties and Property Financials, the Letter from the attorney regarding the TSH Revenue Bonds for the Austin Project. President Carter asked Pete for an Ethnicity report on the scholarships Director Robichaux asked Pete why there were more applications from the Southen area of Texas. Why local participation low. Discussion ensued regarding the debt service reserve related to the bonds should TSHA default. 8. ADJOURN. There being no further business, Chairman Carter asked for a motion to adjourn. MOTION: Director Ledak made a motion to adjourn the meeting. Director Robichaux seconded the motion. The motion carried by a vote of 5-0. There being no further business before the board, President Carter declared the meeting adjourned at 8:25 p.m. APPROVED BY THE TEXAS STUDENT HOUSING AUTHORITY BOARD OF DIRECTORS, OCTOBER 20, 2009 ___________________________________ Jim Carter, President ATTEST _________________________________ Kelly Edwards, Secretary 2010 TSHA High School Graduate Evaluation Process/Scoring: 1. College / CC Credit Hours / GPA - 6 hours, 3.0 5 - 12 hours, 3.0 10 Max Pts. 10 2. SAT/ACT Score(s)* SATII Pts Or ACT Pts 1350 1 18 1 1400 2 19 2 1500 4 20 4 1600 6 22 6 1700 8 24 8 1800 10 26 10 1900 12 28 12 2000 14 29 14 2100 16 30 16 2200 18 31 18 2300 20 32 20 2350 22 33 21 2400 25 34 23 Max. Pt 25 23 3. Class Ranking: top 10%* % Pts. 20 13 15 14 10 15 8 16 5 17 3 18 1 19 1st Max Pts. 20 in class 20 4. GPA* Pts. 3.0 10 3.2 12 3.4 14 3.5 15 3.6 16 3.8 18 3.9 19 4.0 20 Max Pts. 20 5. University Acceptance Applied, not yet accepted but in top 10% 5 Accepted at Univ. where applying for scholarship 10 6. Awards / Honors Pts. In School Academic 3 Math/Science Award 5 District Math/Science 8 State Math/Science 10 Athletic/Academic Ltr 5 All Dist/All State 7 MVP 9 National Honor Society 10 NHS/Other 11 Nat. Merit Commended 12 Nat. Meri Finalist 14 Max Pts. 15 7. Extra Curricular Activities Pts. One Activity 1 Two 3 One/2 yrs +one 6 Three 8 Two or more, 3 yrs 10 Max Pts. 10 8. Leadership Pts. Secretary/Treasurer Or equivalent 4 Vice President (1) 6 (2) 8 Team Captain 20 President, Organization 20 Team Captain (2) 28 President (2) 28 President of Stu. Body 30 Max Pts. 30 9. Community Service Pts. Short Period (1) 1 Short Period (3) 3 1 yr/longer- 100 hrs. 6 Continuous/2 yrs 10 Max Pts. 10 10. Work Experience Pts. Seasonal Job 1 Steady Job, 1 yr 5 Steady Job, (2 or 3) 8 Proprietorship – 2 yrs 10 Max Pts. 10 11. Personal Statement Pts. Answered Questions 5 Proper English 5 Max Pts. 10 12. Financial Need Pts. Less than 50,000 30 50,001 to 125,000 25 125,000 and above 20 Max Pts. 30 2010 TSHA High School Graduate Evaluation Process/Scoring: Proposal #2 1. College / CC Credit Hours / GPA - 6 hours, 3.0 5 - 12 hours, 3.0 10 Max Pts. 10 2. SAT/ACT Score(s)* SATII Pts Or ACT Pts 1350 1 18 1 1400 2 19 2 1500 4 20 4 1600 6 22 6 1700 8 24 8 1800 10 26 10 1900 12 28 12 2000 14 29 14 2100 16 30 16 2200 18 31 18 2300 20 32 20 2350 22 33 2122 2400 25 34 2325 Max. Pt 25 25 3. Class Ranking: top 10%* % Pts. 20 1310 15 1413 10 15 8 16 5 17 3 18 1 19 1st Max Pts. 20 in class 20 4. GPA* Pts. 3.0 1015 3.2 1216 3.4 1417 3.5 1517 3.6 1618 3.8 1819 3.9 19 4.0 20 Max Pts. 20 5. University Acceptance Applied, not yet accepted but in top 10% 5 Accepted at Univ. where applying for scholarship 10 6. Awards / Honors Pts. In School Academic 3 Math/Science Award 5 District Math/Science 8 State Math/Science 10 Athletic/Academic Ltr 5 All Dist/All State 7 MVP 9 National Honor Society 10 NHS/Other 11 Nat. Merit Commended 12 Nat. Meri Finalist 14 Max Pts. 15 7. Extra Curricular Activities Pts. One Activity 1 Two 3 One/2 yrs +one 6 Three 8 Two or more, 3 yrs 10 Max Pts. 10 8. Leadership Pts. Secretary/Treasurer Or equivalent 410 Vice President (1) 610 (2) 818 Team Captain 20 President, Organization 20 Team Captain (2) 28 President (2) 28 President of Stu. Body 30 Max Pts. 30 9. Community Service Pts. Short Period (1) 1 Short Period (3) 3 1 yr/longer- 100 hrs. 6 Continuous/2 yrs 10 Max Pts. 10 10. Work Experience Pts. Seasonal Job 1 Steady Job, 1 yr 5 Steady Job, (2 or 3) 8 Proprietorship – 2 yrs 10 Max Pts. 10 11. Personal Statement Pts. Answered Questions 5 Proper English 5 Max Pts. 10 12. Financial Need Pts. Less than 50,000 30 50,001 to 125,000 25 125,000 and above 20 Max Pts. 30 TSHA 2010 Renewal Scholarship Evaluation Scoring 1. Univ. GPA Cumulative Pts. - 3.0 50 - 3.5 65 - 4.0 80 - Max Pts. 80 2. Univ. GPA Prior Semester - 3.0 20 - 3.5 30 - 4.0 40 Max Pts. 40 3. Credit Hours per Semester Pts. 15 10 18 20 Max Pts. 20 4. Standing with TSHA Pts. Acceptable 10 Max Pts. 10 5. Financial Need Pts. Employed part time 10 Employed full time 20 Max Pts. 20 6. Leadership Pts. Secretary/Treasurer Or equivalent 4 Vice President (1) 6 (2) 8 Team Captain 20 President, Organization 20 Team Captain (2) 28 President (2) 28 President of Stu. Body 30 Max Pts. 30 Total Max Points: 200 TSHA 2010 Renewal Scholarship Evaluation Scoring Proposal #2 1. Univ. GPA Cumulative Pts. - 3.0 50 - 3.5 65 - 4.0 80 - Max Pts. 80 2. Univ. GPA Prior Semester - 3.0 20 - 3.5 30 - 4.0 40 Max Pts. 40 3. Credit Hours per Semester Pts. 15 10 18 20 Max Pts. 20 4. Standing with TSHA Pts. Acceptable 10 Max Pts. 10 5. Financial Need Pts. Employed part time 10 Employed full time 20 Max Pts. 20 6. Leadership Pts. Secretary/Treasurer Or equivalent 410 Vice President (1) 610 (2) 818 Team Captain 20 President, Organization 20 Team Captain (2) 28 President (2) 28 President of Stu. Body 30 Max Pts. 30 Total Max Points: 200 2010 TSHA Transfer/Upper class Evaluation Scoring 1. Univ. GPA Cumulative Pts. - 3.0 50 - 3.5 65 - 4.0 80 - Max Pts. 80 2. Univ. GPA Prior Semester Pts. - 3.0 20 - 3.5 30 - 4.0 40 Max Pts. 40 3. Personal Statement Pts Answered Questions 5 Proper English 5 Max Pts. 10 4. Financial Need Pts. Employed part time 10 Employed full time 20 Max Pts. 20 5. Credit Hours per Semester Pts. 15 10 18 20 Max Pts. 20 6. Leadership Pts. Secretary/Treasurer Or equivalent 4 Vice President (1) 6 (2) 8 Team Captain 20 President, Organization 20 Team Captain (2) 28 President (2) 28 President of Stu. Body 30 Max Pts. 30 Total Max Points: 200 2010 TSHA Transfer/Upper class Evaluation Scoring Proposal #2 1. Univ. GPA Cumulative Pts. - 3.0 50 - 3.5 65 - 4.0 80 - Max Pts. 80 2. Univ. GPA Prior Semester Pts. - 3.0 20 - 3.5 30 - 4.0 40 Max Pts. 40 3. Personal Statement Pts Answered Questions 5 Proper English 5 Max Pts. 10 4. Financial Need Pts. Employed part time 10 Employed full time 20 Max Pts. 20 5. Credit Hours per Semester Pts. 15 10 18 20 Max Pts. 20 6. Leadership Pts. Secretary/Treasurer Or equivalent 410 Vice President (1) 610 (2) 818 Team Captain 20 President, Organization 20 Team Captain (2) 28 President (2) 28 President of Stu. Body 30 Max Pts. 30 Total Max Points: 200 2010 TSHA Scholarship Application Evaluation Applicant Name: Location*: Austin College Station Denton *if more than one designated, indicate preference by 1st, 2nd , etc. or select all that apply. Maximum Points Assigned Points 1. College/C.C. Credit Hours/GPA 10 2. SAT/ACT Test Score(s) 25 3. Class Ranking (%) 20 4. GPA 20 5. University Acceptance 10 6. Awards/Honors 15 7. Extra Curricular Activities 10 8. Leadership 30 9. Community Service 10 10. Work Experience 10 11. Personal Statement 10 12. Financial Need 30 TTL MAX. PTS: 200 TTL PTS: Comments: 2010 TSHA Renewal Application Evaluation (current or prior TSHA Scholarship Recipients) Applicant Name: Location: Austin College Station Denton Current housing facility: <insert field> Maximum Points Assigned Points 1. University GPA Cumulative 80 2. University GPA prior Semester 40 3. Credit Hours per Semester 20 4. Standing with TSHA 10 5. Financial Need/Employment 20 6. Leadership 30 TTL MAX. PTS: 200 TTL PTS: Comments: 2010 TSHA Transfer/Upper Class Application Evaluation (current or prior TSHA Scholarship Recipients) Applicant Name: Location: Austin College Station Denton Maximum Points Assigned Points 1. University GPA Cumulative 80 2. University GPA prior Semester 40 3. Personal Statement 10 4. Financial Need/Employment 20 5. Credit Hours/Semester 20 6. Leadership 30 TTL MAX. PTS: 200 TTL PTS: Comments: January 2010 1 February 2010 2 March 2010 3 S M T W Th F Sa S M T W Th F Sa S M T W Th F Sa 1 2 1 2 3 4 5 6 1 2 3 4 5 6 3 4 5 6 7 8 9 7 8 9 10 11 12 13 7 8 9 10 11 12 13 10 11 12 13 14 15 16 14 15 16 17 18 19 20 14 15 16 17 18 19 20 17 18 19 20 21 22 23 21 22 23 24 25 26 27 21 22 23 24 25 26 27 24 25 26 27 28 29 30 28 28 29 30 31 31 April 2010 4 May 2010 5 June 2010 6 S M T W Th F Sa S M T W Th F Sa S M T W Th F Sa 1 2 3 1 1 2 3 4 5 4 5 6 7 8 9 10 2 3 4 5 6 7 8 6 7 8 9 10 11 12 11 12 13 14 15 16 17 9 10 11 12 13 14 15 13 14 15 16 17 18 19 18 19 20 21 22 23 24 16 17 18 19 20 21 22 20 21 22 23 24 25 26 25 26 27 28 29 30 23 24 25 26 27 28 29 27 28 29 30 30 31 July 2010 7 August 2010 8 September 2010 9 S M T W Th F Sa S M T W Th F Sa S M T W Th F Sa 1 2 3 1 2 3 4 5 6 7 1 2 3 4 4 5 6 7 8 9 10 8 9 10 11 12 13 14 5 6 7 8 9 10 11 11 12 13 14 15 16 17 15 16 17 18 19 20 21 12 13 14 15 16 17 18 18 19 20 21 22 23 24 22 23 24 25 26 27 28 19 20 21 22 23 24 25 25 26 27 28 29 30 31 29 30 31 26 27 28 29 30 October 2010 10 November 2010 11 December 2010 12 S M T W Th F Sa S M T W Th F Sa S M T W Th F Sa 1 2 1 2 3 4 5 6 1 2 3 4 3 4 5 6 7 8 9 7 8 9 10 11 12 13 5 6 7 8 9 10 11 10 11 12 13 14 15 16 14 15 16 17 18 19 20 12 13 14 15 16 17 18 17 18 19 20 21 22 23 21 22 23 24 25 26 27 19 20 21 22 23 24 25 24 25 26 27 28 29 30 28 29 30 26 27 28 29 30 31 31 TSH Meeting School & Town Holiday School Holiday All meetings begin at 5:30 pm Election Day Town Holiday on the 3rd Tuesday of the month unless a special meeting is called or for lack of a quorum Meeting Schedule Texas Student Housing