HomeMy WebLinkAbout03-22-05 TSH Denton Min EXAS1*
STUDENT HOUSING
MINUTES OF THE MEETING OF
THE BOARD OF DIRECTORS OF THE
TEXAS STUDENT HOUSING CORPORATION— DENTON PROJECT
(AN INSTRUMENTALITY OF THE TOWN OF WESTLAKE)
MARCH 22, 2005
Present: President Jim Carter, Dr. Larry Darlage(arrived at 6:25 p.m.), Gary
Fickes, Jac Irvine, and Chuck Schultz
Absent: Becky Rogers, Jill McKean and Counsel Allen Moon
Others Present: Executive Director Hank Smyth, Special Counsel Scott Bradley,
Finance Director Pete Ehrenberg, and Secretary Jean Dwinnell
1. Call to order.
President Carter called the meeting to order at 5:55 p.m. and asked each Board member
and staff to introduce themselves. Mr. Smyth introduced Becky Rogers and Jill McKean
in their absence.
2. Consider approval of minutes of the meeting of the Texas Student Housing—
Denton Project held on October 26, 2004.
A motion was made by Mr. Carter, seconded by Mr. Irvine to approve the minutes of the
meeting of the Texas Student Housing—Denton Project held on October 26, 2004.
There was no discussion and the motion carried unanimously.
3. Consider approval of the Audit for FY 2003-2004.
Mr. Ehrenberg reviewed the audit process and discussed debt service, indentures, bonds,
accounts payable, and budget legislation.
Discussion ensued regarding the number of beds at each housing location, the number of
students currently on scholarship (205), and the purpose of 501(c)3 Corporations.
It was the consensus of the Board to table this item to give the members time to review
the Audit and consider approval at the next regular meeting.
A motion was made by Mr. Fickes, seconded by Mr. Schultz to table this item until the
next regular Board meeting.
There was no discussion and the motion carried unanimously.
4. Consider any business that may lawfully come before the Board.
There was none.
S. Adjourn.
There being no further business before the Board, President Carter declared the meeting
adjourned at 6:57 p.m.
These 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 day of
2005.
ame resi nt
ATTEST:
Q' U46�r
J n Dwinnell, Secretary