HomeMy WebLinkAbout01-18-11 TSHA Min TEXAS
STUDENT HouSING
MINUTES OF THE
BOARD OF DIRECTORS OF THE
TEXAS STUDENT HOUSING AUTHORITY
(AN INSTRUMENTALITY OF THE TOWN OF WESTLAKE)
January 18, 2011
PRESENT: President Jim Carter, Directors, George Ledak, Gregg Malone, and Jill McKean.
ABSENT: Chuck Shultz
OTHERS PRESENT: Executive Director Pete Ehrenberg, Secretary Kelly Edwards and
General Counsel Scott Bradley.
1. CALL TO ORDER -
President Carter called the meeting to order at 5:45 P.m.
2. REVIEW AND APPROVE MINUTES FOR THE MEETING ON DECEMBER 7, 2010.
MOTION: Director McKean made a motion to approve the minutes. Director Ledak
seconded the motion. The motion carried by a vote of 4-0.
3. REVIEW AND APPROVE MINUTES FOR THE MEETING ON DECEMBER 14, 2010.
MOTION: Director McKean made a motion to approve the minutes. Director Malone
seconded the motion. The motion carried by a vote of 4-0.
4. DISCUSS AND CONSIDER THE SUMMER CAMP ANALYSIS AT CAMBRIDGE.
Executive Director Ehrenberg provided an update from the Court hearing with Brazos
County.
Discussion ensued regarding the benefit of providing the summer camps, keeping the
facility open for pre-leasing, and when should or if the Board should decide to no longer
hold the camps.
- No Action
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5. DISCUSS AND CONSIDER THE FORMATION OF A DISTINGUISHED ALUMNI
AWARD HONORING SCHOLARSHIP STUDENTS.
President Carter provided an overview of the award.
Discussion ensued regarding how to establish the criteria for selection, how to locate the
students once that have graduated, benefits for TSH and for the awardees.
President Carter asked that the item be placed on the agenda for the next meeting.
6. DISCUSS AND CONSIDER THE NUMBER AND TYPES OF SCHOLARSHIPS
AWARDED FOR THE 2011-2012 SCHOOL YEAR.
Discussion ensued regarding the number of scholarships per location, the number of
renewal request submitted as of January 15, 2011, the number of full scholarships to
offer for the fall semester and the cost associate with offer scholarships at an over flow
facility.
Executive Director Ehrenberg provided an overview of the current renewals received per
location and the number of new scholarships that would be offered this year.
MOTION: Director Ledak made a motion to maintain the same number of
scholarship as the previous year. Director Malone seconded the motion.
The motion carried by a vote of 4-0.
7. EXECUTIVE SESSION
The Board did not convene into Executive Session
The Board will conduct a closed session pursuant to Texas Government Code,
annotated, Chapter 551, Subchapter D for the following:
a. Section 551.071: Consultation with Attorney - to seek advice of counsel on legal
matters involving pending or contemplated litigation, settlement offers, or other
legal matters not related directly to litigation or settlement. Pending or
contemplated litigation and settlement offers include but are not limited to the
following:
Texas Student Housing Authority vs Brazos County Appraisal District and
Appraisal Review Board for Brazos County Appraisal District—
CAUSE NO. 06-002328-CV-272
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S. RECONVENE MEETING
9. TAKE ANY ACTION, IF NEEDED, FROM EXECUTIVE SESSION ITEMS.
- No Action
10. DISCUSS AND CONSIDER APPROVAL OF CAMBRIDGE, TOWN LAKE, AND
AUSTIN BALLPARK ANNUAL AUDITS FOR FY 2009-2010 PRESENTED BY
PATTILLO BROWN & HILL, L.L.P.
John Manning from Patillo Brwon & Hill, L.L.P. provided an overview of the audit by
property.
Discussion ensued regarding the debt to the Bond Holders for each property.
MOTION: Director McKean made a motion to approve the audit for Cambridge.
Director Ledak seconded the motion. The motion carried by a vote
of 4-0.
MOTION: Director Malone made a motion to approve the audit for Town Lake.
Director Ledak seconded the motion. The motion carried by a vote
of 4-0.
MOTION: Director McKean made a motion to approve the audit for Austin Ballpark.
Director Malone seconded the motion. The motion carried by a vote
of 4-0.
The TSHA audit will be discussed during the next meeting.
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11. ADJOURN
President Cater asked for a motion to adjourn.
MOTION: Director McKean made a motion to adjourn the meeting. Director Ledak
seconded the motion. The motion carried by a vote of 4-0.
There being no further business before the board, President Carter declared the meeting
adjourned at 7:11 p.m.
APPROVED BY THE TEXAS STUDENT HOUSING AUTHORITY BOARD OF DIRECTORS
ON APRIL 19, 2011.
im, arter, President
ATTEST
Kelly E wards, §&retary
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