HomeMy WebLinkAbout07-16-12 TSHA Min TEXAS1W
STUDENT HOUSING
MINUTES OF THE
BOARD OF DIRECTORS OF THE
TEXAS STUDENT HOUSING AUTHORITY
(AN INSTRUMENTALITY OF THE TOWN OF WESTLAKE)
July 16, 2012
PRESENT: President Jim Carter, Directors, Scott Bradley, and George Ledak.
ABSENT: Gregg Malone
OTHERS PRESENT: Executive Director Pete Ehrenberg and Secretary Kelly Edwards.
1. CALL TO ORDER
President Carter called the meeting to order at 5:48 p.m.
2. REVIEW AND APPROVE MINUTES FOR THE MEETING ON JANUARY 17, 2012.
MOTION: Director Ledak made a motion to approve the minutes with the revision
of the approval date. Director Bradley seconded the motion. The motion
carried by a vote of 3-0.
3. DISCUSS AND CONSIDER APPROVAL OF CAMBRIDGE, TOWN LAKE, AUSTIN
BALLPARK, AND TSHA ANNUAL BUDGETS FY 2012-2013.
Director Ehrenberg provided a synopsis of each budget.
Discussion ensued regarding the FY 11-12 revenues and expenses compared to the FY
12-13 proposed budgets for each property, monies budgeted for Cambridge legal fees,
current status of the Cambridge litigation, payments made to bond holders, and
replacing the HVAC equipment.
MOTION: Director Ledak made a motion to approve Cambridge, Townlake, Austin
Ballpark and the Authority budgets. Director Bradley seconded the
motion. The motion carried by a vote of 3-0.
TSHA Min 07/16/12
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4. EXECUTIVE DIRECTOR'S REPORT
Director Ehrenberg provided an update and overview of the scholarships offered,
awarded and the number declined.
S. ADJOURN
President Cater asked for a motion to adjourn.
MOTION: Director Ledak 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 6:34 p.m.
APPROVED BY THE TEXAS STUDENT HOUSING AUTHORITY BOARD OF DIRECTORS
ON JANUARY 15, 2013.
Jim Carter, President
ATTEST
L-LA-CA,F
Kelly dward , Secretary
TSHA Min 07/16/12
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