HomeMy WebLinkAbout11-18-03 TSHA Min MINUTES AND CERTIFICATION
On November 18, 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
Jac Irvine Member
Dr. Forrest Watson Member
Becky Rogers Member
Dr. John Brooks Member
Michelle Corson Member
all of whom were present except Ms. Corson, Dr. Watson, and Dr. Brooks. Also present
were: Mr. Scott Bradley, Mr. Allen Moon, Mr. Bill Moon, Mr. Hank Smyth, Mr. Pete
Ehrenberg and Ms. Ginger Crosswy. Mr. Dave Wallace; Mr. Mike McGrath and Mr.
Chip Schell of Asset Campus Housing were in attendance as well.
President Carter called the meeting to order at 6:00 p.m.
The representatives from Asset Campus Housing made a presentation outlining
their interest in marketing the scholarship program and possibly assuming the
management of Jefferson Commons — Denton, Jefferson Commons — San Marcos,
Jefferson Commons at the Ballpark and Townlake. There was a lengthy discussion after
which the Asset Campus Housing representatives left. Mr. Allen Moon and Mr. Bill
Moon left during the presentation. The Board recessed for 5 minutes at 7:25 p.m.
There was a motion by President Carter, seconded by Mr. Blake, to approve
minutes of the following meetings as presented: Texas Student Housing Authority,
Texas Student Housing - San Marcos Project and Texas Student Housing - Denton
Project held on November 6, 2003 and Texas Student Housing - College Station Project,
Texas Student H ousing C orporation, T exas S tudent H ousing- M SU P roject, T exas
Charter School Corporation — New Frontiers Charter School, Inc_ and Texas Charter
School Corporation—LTTS Charter School, Inc. all held on August 5, 2003. There was
no discussion and the motion carried three for with Mr. Irvine abstaining.
The audit for Jefferson Commons at the Ballpark was not ready for consideration.
Mr. Smyth made his presentation telling the Board that Mr. Block will complete
the Denton Consulting Contract before the end of next week. Mr. Smyth and Mr.
Ehrenberg explained the insurance situation and there was a lengthy discussion regarding
the asset management issue with JPI.
Mr. Ehrenberg gave his report to the Board regarding financial issues. There was
no action needed concerning Mr. Smyth's or Mr. Ehrenberg's reports.
Consider and take any necessary action regarding bills and other financial matters.
There w as a m otion b y M r. I rvine, seconded by Ms. Rogers, to pay an invoice from
Gains, Underkofler, Crawford and Langdon in the amount of$1000.00 for work done on
the Marbach litigation. After a short discussion the motion carried unanimously.
There being no further business the meeting was adjourned at 8:25 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 20'' day of January 2004.
ATTEST:
Ja es P. President
ding Crosswy, Sec-retAy