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HomeMy WebLinkAbout01-29-08 TSH Denton Min TEXAS STUDENT HousING MINUTES OF THE MEETING OF THE BOARD OF DIRECTORS OFT E TEXAS STUDENT HOUSING CORPORATION—DENTON PROJECT (AN INSTRUMENTALITY OF THE TOWN OF WESTLAKE) January 29,2008 PRESENT: Chair Jim Carter and Directors George Ledak, Jac Irvine, and Chuck Schultz. ABSENT: Directors Jill McKean, Larry Darlage, and Melanie Lekkos OTHERS PRESENT: President Hank Smyth, General Counsel Scott Bradle, Finance Manager Pete Ehrenberg, and Secretary Kim Sutter. 1. CALL TO ORDER. Chairman Carter called the meeting at 6:32 p.m. 2. DISCUSS AND CONSIDER APPROVAL OF DENTON PROPERTY ANNUAL. AUDIT FOR FY 2006-2007 PRESENTED BY PATILLO BROWN & HILL, L.L.P. Mr. John Manning, partner with Patillo Brown & Hill, L.L.P., presented the draft audit and reviewed the audit report, financial statements, interest income, revenues, and expenditures, and offered to address any questions of the Board. After discussion by the Board, Chairman Carter asked for a motion to accept the audit. MOTION: Director Ledak made a motion to accept the 2006-2007 Denton property audit. Director Irvine seconded the motion. The motion carried by a vote of 4-0. 3. REVIEW AND APPROVE MINUTES OF NOVEMBER 20, 2007. Chairman Carter introduced the item and asked for a motion. MOTION: Director Irvine made a motion to approve the minutes as presented. Director Schultz seconded the motion. The motion carried by a vote of 4- 0. TSHA—Denton Project Page 2 of 2 January 24,2008 4. ADJOURN. There being no further business before the Board, Chairman Carter declared the meeting adjourned at 6:41 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 certified to be an official copy thereof, on file among the official records of the Board, on this the 17 I day of June 2008. der Jim Carter, Chain/Tian ATTEST: r /Kini Sutter, TRMC, Secretary