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HomeMy WebLinkAbout08-27-02 TSHC Min MINUTES AND CERTIFICATION On August 27, 2002, the Board of Directors (the "Board") of the Texas Student Housing Corporation 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 James P. Carter President Worth Blake Vice President Annette Bush Treasurer Dr. Forrest Watson Member Becky Rogers Member Dr. John Brooks Member Mike Farhat Member All of whom were present except Mr. Farhat and Dr. Watson. Also present were: Dr. Patsy Sharp, Mr. Larry Williamson, Mr. Allen Moon, Mr. Bill Moon, Mr. Scott Bradley, Mr. Trent Petty, Ms. Mary Midgette and Ms. Ginger Crosswy. President Carter called the meeting to order at 5:41 p.m. and presented a plaque to Dr. Patsy Sharp in recognition of her service on the Board of Directors of the Texas Student Housing entities. Dr. Sharp stated that she had enjoyed her five years on the Board but was also enjoying her retirement. Dr. Sharp then left the meeting for another engagement. President Carter convened the meeting into executive session at 5:45 p.m. The Board reconvened into open session at 5:47 p.m. There was a motion by Dr. Brooks, seconded by Mr. Blake, to authorize Goins, Underkofler, Crawford and Langdon, L.L.P. to represent Mr. Petty and Petty& Associates in the Marbach suit at the request of the Board, on the basis that his only involvement is due to his position as Program Administrator. After a short discussion the motion carried unanimously. President Carter explained to the Board the worksheet detailing the compensation paid to all consultants by all TSH entities for the period 1996 through August, 2002. After a short question and answer session Mr. Petty was asked to update this information for the Board on a monthly basis, showing what has been paid and what is to be paid and to add Mr. Morris of Goins, Underkofler, Crawford and Langdon, L.L.P. to the list. There was a motion by Ms. Bush, seconded by Mr. Blake,to approve the minutes of the meeting held on July 23, 2002, as presented. There was no discussion and the motion carried unanimously. There was no report from the Program Administrator. There was no action taken on the bills. Ms. Bush told the Board there is approximately $21,000.00 in the bank account. There being no further business the meeting was adjourned at 6:11 p.m. MINUTES APPROVED AND CERTIFIED TO BE TRUE AND CORRECT and to correctly reflect the duly constituted officers and members of the Board, and is hereby certified to be a correct copy of an official copy thereof, on file among the official records of the Board, on this the 24`x' day of September, 2002. ATTEST: J es P. Carter, Presid nt A, i ing Crosswy, Secre y