HomeMy WebLinkAbout03-08-06 TSHA Min TEXAS1
STUDENT ]HOUSING
MINUTES OF THE
MEETING OF THE
BOARD OF DIRECTORS OF THE
TEXAS STUDENT HOUSING AUTHORITY
(AN INSTRUMENTALITY OF THE TOWN OF WESTLAKE)
MARCH g, 2006
PRESENT: President Jim Carter, and Board Members Jac Irvine, Jill McKean, and Larry
Darlage
ABSENT: Board members Gary Fickes, Chuck Schultz, and Becky Rogers
OTHERS PRESENT: Executive Director Hank Smyth, General Counsel Scott Bradlcy,
and Secretary Jeans Dwinnell
1. CALL TO ORDER.
President Carter called the meeting to order at 6:13 p.m.
2. DISCUSS AND CONSIDER APPROVAL OF AMENDED BY-LAWS.
Mr. Bradley gave a brief explanation of the proposed changes to the By-Laws and Mr. Smyth
followed with further explanation, advising that the proposed changes include the addition of the
Secretary to the check-signing list.
Discussion ensued regarding the proposed changes and it was the consensus of the Board to table
this item until the Board had time to study the document more thoroughly.
'd. EXECUTIVE DIRECTOR'S REPORT.
Mr. Smyth reviewed his report as presented.
Discussion ensued regarding the list of scholarship recipients appearing in the Board minutes,
special consideration given to Hispanic students, the rating process, giving special consideration to
all minorities, being fair and equitable to all applicants, the criteria being objective or subjective,
and evaluating the criteria after this year.
Mr. Smyth presented the numbers of students that were eligible for scholarships at each location
and advised that overflow apartments were being pursued. He also requested the Board's
consideration of awarding full scholarships to the students that are most qualified. He advised that
there were 26 candidates that were qualified.
Discussion ensued regarding the financial implications and keeping the same number of full
scholarships that we currently have,just replacing the graduates or drops.
Mr. Smyth reviewed the financial information as prepared by Mr. Pete Ehrenberg, Texas Student
Housing Authority Finance Manager, and asked the Board to consider approval of the Investment
Policy.
4. DISCUSS AND TAKE ANY NECESSARY ACTION ON EXECUTIVE
DIRECTOR'S REPORT.
Mr. Darlage moved to approve the awarding of scholarships for the 2006/2007 school year as
presented.
Ms. McKean seconded the motion
The vote on the motion was as follows:
Ayes: Messrs. Darlage, Irvine, and Ms. McKean
Nays: None
President Carter declared the motion carried unanimously.
Ms. McKean moved to approve a total of 33 full scholarships, replacing the graduates and drops
with the applicants that are most qualified.
Mr. Darlage seconded the motion
The vote on the motion was as follows:
Ayes: Messrs. Darlage, Irvine, and Ms. McKean
Nays: None
President Carter declared the motion carried unanimously.
Mr. Irvine moved to approve the listing of scholarship recipients in the Board minutes.
Mr. Darlage seconded the motion
The vote on the motion was as follows:
Ayes: Messrs. Darlage, Irvine, and Ms. McKean
Nays: hone
President Carter declared the motion carried unanimously.
5. REVIEW AND APPROVE MINUTES OF BOARD MEETING HELD JANUARY 24,
2006.
Ms. McKean moved to approve the minutes of the Board meeting held January 24, 2006.
Mr. Darlage seconded the motion
The vote on the motion was as follows:
Ayes: Messrs. Darlage, Irvine, and Ms. McKean
Nays: None
President Carter declared the motion carried unanimously.
6. REVIEW AND APPROVE ANY OUTSTANDING BILLS.
There were no bills to consider.
7. ADJOURN.
There being no further business before the Board, President Carter declared the meeting adjourned
at 7:35 p.m.
The Minutes are approved and certified to be a true and correct reflection of the actions of the
officers and members of the Board, and is hereby certif. d to be an official copy thereof, on file
among the official records of the Board, on this t day of , 2006.
J' Cadex, President
ATTEST:
J Dwinnell, Secretary