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HomeMy WebLinkAbout06-23-03 TSHA Min MINUTES AND CERTIFICATION On June 26, 2003, the Board of Directors (the "Board") of the Texas Student Housing Authority 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 Vacant Treasurer Dr. Forrest Watson Member Becky Rogers Member Dr. John Brooks Member Michelle Corson Member all of whom were present except Ms. Rogers, and Dr. Brooks. Also present were: Mr. Scott Bradley, Mr. Allen Moon, Mr. Bill Moon, Mr. Hank Smyth, Mr. Larry Williamson and Ms. Ginger Crosswy. President Carter called the meeting to order at 5:07 p.m. No executive session was needed. Consider a Resolution authorizing the purchase of one or more Student Housing Projects. There was no action taken on this item. There was a motion by Ms. Corson, seconded by Mr. Blake, to approve the minutes of the meeting held on May 22, 2003 as presented. There was no discussion and the motion carried unanimously. Mr. Smyth told the Board that JPI's proposed budget is being redone for the Board's consideration and should be in the package for the next meeting. He stated that Mr. Williamson has completed the first draft of a budget for the entities. Mr. Williamson then presented the draft budget and answered any questions. Mr. Smyth told the Board that he is working toward getting new D&O insurance since the Board did not have enough coverage and was paying more than they should. Consider and take any necessary action regarding the upgrade of some of the incremental scholarships previously awarded and delegating the authority to the Executive Director to determine which ones to upgrade. Mr. Smyth stated that this Board pays for 36 rooms at the Ballpark whether they are used or not and since we only awarded 20 full scholarships he was recommending we upgrade 16 of the incrementals. After a short discussion there was a motion by Ms. Corson, seconded by President Carter, to follow the Executive Director's suggestion and allow him to decide which students to upgrade. There was no discussion and the motion carried unanimously. Consider and take any necessary action regarding how many hours a student must take to be considered for scholarship renewal. There was a short discussion followed by a motion by Mr. Blake, seconded by Ms. Corson, a student needs to take 12 hours to be considered full time. There was no further discussion and the motion carried unanimously. Discuss and take appropriate action regarding the reception for students and parents. President Carter stated that in the past the reception has been held at the Marriott on Sunday afternoon and on Monday night after the Westlake Board of Aldermen meeting. He asked for opinions as to which was preferred. The Board decided to hold the reception on Monday, July 28th at 6:30 p.m. with the Westlake Board of Aldermen meeting to be held afterward at 7:30 p.m. It was decided that this meeting should be at the Marriott because of the large attendance expected. Consider and take any necessary action regarding financial matters. There was a motion by Ms. Corson, seconded by Dr. Watson, to pay a bill from the Town for an invoice from Akin, Gump, Strauss, Hauer & Field, L.L.P., the Town's lobbyist, in the amount of $33,342.24 when funds become available. Ms. Richardson had been very instrumental in trying to block the legislation that was passed in the legislature. After a short discussion the motion carried unanimously. There was a motion by Ms. Corson, seconded by Mr. Blake, to reimburse President Carter for $35.62 in expenses. There was no discussion and the motion carried unanimously. There was a motion by Ms. Corson, seconded by Mr. Blake, to pay an invoice from the Town in the amount of$1,627.50 for the Secretary's time when funds become available. There was no discussion and the motion carried unanimously. There being no further business the meeting was adjourned at 5:50 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 5th day of August, 2003. ATTEST: J es P. Carter, Presi nt /,�— OA-�� GingeY Crosswy, Secreta r