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HomeMy WebLinkAbout03-23-98 TSHC Min MINUTES AND CERTIFICATION On March 23, 1998, the Board of Directors (the "Board") of the Texas Student Housing Corporation (the "TSHC") convened in a public meeting at the designated meeting place in Westlake, Texas. The roll of the duly constituted officers and members of the Board was called, which are as follows: Name Title Tames P. Carter President Worth Blake Vice President Annette Bush Treasurer Dr. Forrest Watson Member Charles Bradberry Member Dr. Patsy Sharp Member Dr. John Brooks Member Dr. Ted Gillum Member Carroll Schubert Member all of whom were present except Dr. Ted Gillum, Dr. John Brooks and Carroll Schubert thus constituting a quorum. Also present were: Allen Moon, Scott Bradley, Larry Williamson, Bill Moon and Ginger Crosswy. President Carter called the meeting to order at 5:43 p.m. and immediately opened the floor for discussion of the offer to sell the Madison House in Austin, Texas. After a lengthy discussion on the merits of this offer there was a motion by Dr. Watson, seconded by Mr. Blake, to adopt the resolution as presented by legal counsel. The motion carried five for and one against. There was a motion by Mr. Bradberry, seconded by Ms. Bush, to approve the minutes from the meeting held on March 11, 1998, as presented. Motion carried unanimously. There being no further business to bring before the Board, the meeting was adjourned at 7:05 p.m. MINUTES APPROVED AND CERTIFIED TO BE TRUE AND CORRECT and to correctly reflect the duly constituted officers and-mem6rs of the Board, and is hereby certified to be a correct copy of an official thereof, on file anion the official records of the Board, on this the 30'h day of M ch, 1 £ 8. [SEAL] - Ja s P. Carter, Presi ATT T: Cunger osswy, Secretary MINUTES AND CERTIFICATION On March 23, 1948 the Board of Directors (the "Board")of Texas Student Housing Corporation(the "TSHC") convened in public meeting at the designated meeting place at the Marriott Sol in or adjacent to Westlake, Texas. The roll of the duly constituted officers and ember of the Bqard was call members of hich were present, with the following member be g absentia _ t "dZ --Q�_,�- 1� � , thus constituting a quorum. Among other business, a written Resolution bearing the following caption was introduced: A Resolution authorizing the sale, subject to certain conditions, of the Madison House dormitory facility located in Austin, Texas ; authorizing the President to execute documents effecting the sale of the Madison House; and resolving related matters The Resolution was read by the Board. After due discussion, it was duly moved and seconded that the Resolution be adopted. The Presiding Officer put the motion to a vote of the Board, and the Resolution was adopted by the following vote: AYES: NOES: ABSTENTIONS: The Presiding Officer then declared the Resolution to be adopted. MINUTES APPROVED AND CERTIFIED TO BE TRUE AND CORRECT and to correctly reflect the duly constituted officers and members of the Board, and the attached co of the esolution is hereb certified to be a correct copy of an official copy thereof, on file among the office' recor of the Board, o s 23 of March 1998. [SEAL] A orized Officer Title: President Authorizing Reso]uuon 3/24198