HomeMy WebLinkAbout01-17-12 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 17, 2012
PRESENT: President Jim Carter, Directors, Scott Bradley, and Gregg Malone.
ABSENT: George Ledak
OTHERS PRESENT: Executive Director Pete Ehrenberg and Secretary Kelly Edwards.
1. CALL TO ORDER
President Carter called the meeting to order at 5:33 p.m.
2. DISCUSS AND CONSIDER APPROVAL OF TSHA, CAMBRIDGE, TOWN LAKE,
AND AUSTIN BALLPARK ANNUAL AUDITS FOR FY 2010-2011 PRESENTED BY
PATTILLO BROWN & HILL, L.L.P.
Mr. John Manning, from Pattillo, Brown & Hill, provided an overview of each audit by
property. Ballpark;
MOTION: Director Bradley made a motion to approve the 2010-2011 Audit for
Ballpark in Austin. Director Malone seconded the motion. The motion
carried by a vote of 3-0.
MOTION: Director Bradley made a motion to approve the 2010-2011 Audit for
Town Lake in Austin. Director Malone seconded the motion. The motion
carried by a vote of 3-0.
MOTION: Director Bradley made a motion to approve the 2010-2011 Audit for
Cambridge in College Station. Director Malone seconded the motion.
The motion carried by a vote of 3-0.
MOTION: Director Bradley made a motion to approve the 2010-2011 Audit for the
Texas Student Housing Authority. Director Malone seconded the motion.
The motion carried by a vote of 3-0.
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3. REVIEW AND APPROVE MINUTES FOR THE MEETING ON OCTOBER 4, 2011.
No Action taken.
4. DISCUSS AND CONSIDER THE SUMMER CAMP ANALYSIS AT CAMBRIDGE.
Discussion ensued regarding the continuance of the summer camp, leases and income
from the camp. No action taken.
S. DISCUSS AND CONSIDER THE NUMBER AND TYPES OF SCHOLARSHIPS TO BE
AWARDED 2012-2013 SCHOOL YEAR.
Discussion ensued regarding the current number of scholarship per locations, the
number of beds available for next year, and the number of full and partial scholarships.
MOTION: Director Bradley made a motion to approve a number of 20 full
scholarships and that the current applicants on full scholarships that
qualify will be renewed for the 2012-2013. Director Malone seconded the
motion. The motion carried by a vote of 3-0.
President Carter adjourned the meeting at 6:20 p.m. to convene the TSHC Denton
meeting.
President Carter reconvened the meeting a 6:30 p.m.
6. DISCUSS AND CONSIDER TSHA BUDGET AMENDMENT.
Executive Director Ehrenberg provided on overview of the amendment base on the
payment to the Town of Westlake.
MOTION: Director Bradley made a motion to approve the amendment to reflect the
payment to the Town of Westlake. Director Malone seconded the motion.
The motion carried by a vote of 3-0.
7. EXECUTIVE DIRECTORS REPORT.
Executive Director Ehrenberg provided an overview of the appellate court document as
submitted and the debt service payments regarding the Ballpark in Austin.
Discussion ensued regarding the debt service payments.
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S. ADJOURN
President Cater asked for a motion to adjourn.
MOTION: Director Malone made a motion to adjourn the meeting. Director Bradley
seconded the motion. The motion carried by a vote of 3-0.
There being no further business before the board, President Carter declared the meeting
adjourned at 7:13 p.m.
APPROVED BY THE TEXAS STUDENT HOUSING AUTHORITY BOARD OF DIRECTORS
ON JULY 16, 2012.
im Cader, Presi`17
ATTEST
Kelly dward ecretary
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