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HomeMy WebLinkAbout12-07-10 TSH Denton Min TEXAS S MINUTES OF THE MEETING OF THE BOARD OF DIRECTORS OF THE TEXAS STUDENT HOUSING CORPORATION — DENTON PROJECT (AN INSTRUMENTALITY OF THE TOWN OF WESTLAKE) December 7, 2010 PRESENT: President Jim Carter, Directors George Ledak, Gregg Malone, Jill McKean, and Chuck Shultz. ABSENT: General Counsel Scott Bradley OTHERS PRESENT: Executive Director Pete Ehrenberg and Secretary Kelly Edwards. 1. CALL TO ORDER President Carter called the meeting to order at 6:07 p.m. 2. REVIEW AND APPROVE MINUTES FOR THE MEETING ON JUNE 29, 2010. MOTION: Director Schultz made a motion to approve the minutes. Director McKean seconded the motion. The motion carried by a vote of 5-0. 3. REVIEW AND DISCUSS THE FINANCIAL CONSULTANT REPORT REGARDING THE RIDGE. Director Schultz stressed his concerns to the board based on the report. Discussion ensued regarding the report and items within the report that will need to be addressed immediately. Executive Director Ehrenberg assured the board that all safety issues will be address over the next few months. TSH-Denton Minutes 12/07/10 Page 1 of 2 4. 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 5-0. There being no further business before the board, President Carter declared the meeting adjourned at 6:13 p.m. APPROVED BY THE TEXAS STUDENT HOUSING DENTON PROJECT BOARD OF DIRECTORS ON JANUARY 18, 2011. i i JA Carter, P"nt ATTEST L� Kelly tdwardsPSecretary TSHA—Denton Minutes 12/07/10 Page 2of2