HomeMy WebLinkAbout03-10-03 TSHC LTTS Min MINUTES AND CERTIFICATION
On March 10, 2003, the Board of Directors (the "Board") of the Texas Charter
School Corporation—LTTS Charter School, Inc. Project convened in a public meeting at
the designated meeting place in Westlake,Texas. The roll of the duly constituted
officers and members of the Board was called,which are as follows:
Name Title
James P. Carter President
Worth Blake Vice President
Annette Bush Treasurer
Dr. Forrest Watson Member
Becky Rogers Member
Dr. John Brooks Member
Michelle Corson Member
All of whom were present except Dr. Watson and Ms. Bush. Also present were: Mr.
Allen Moon, Mr. Bill Moon,Mr. Larry Williamson, Mr. Scott Bradley, Mr. Hank Smyth
and Ms. Ginger Crosswy.
President Carter called the meeting to order at 6:04 p.m.
Consider a Resolution relating to the organization of the corporation and
resolving related matters. After a short discussion during which Mr. Allen Moon
answered questions. There was a motion by Mr. Blake, seconded by Ms. Rogers, to adopt
the resolution approving the articles of incorporation and bylaws of the corporation,
appointing officers, designating a principal office, seal, and depository, hiring an
Executive Director and approving the terms of the Executive Director's employment
agreement, engaging a General Counsel, Financial Advisor, Finance Counsel, Special
Finance Counsel, and Real Estate and Finance consultant, authorizing action on any other
matters lawfully before the Board and resolving related matters with the condition that the
Board be covered by a Directors and Officers insurance policy. There was no further
discussion and the motion carried unanimously.
Consider a Resolution relating to authorizing TEFRA Hearings and resolving
related matters. After a short discussion there was a motion by Dr. Brooks, seconded by
Mr. Blake, to adopt a Resolution by the Board of Directors of the Texas Charter School
Corporation—LTTS Charter School, Inc. Project expressing an intent to issue bonds to
finance an educational facility to be used by an open enrollment Charter School, directing
the publication of Notice of Intention to hold one or more public hearings regarding the
issuance of the bonds, and resolving related matters. There was no further discussion and
the motion carried unanimously.
There being no further business the meeting was adjourned at 6:05 p.m.
MINUTES APPROVED AND CERTIFIED TO BE TRUE AND CORRECT and
to correctly reflect the duly constituted officers and members of the Board, and is hereby
certified to be a correct copy of an official copy thereof, on file among the official records
of the Board, on this the 5fh day of August 2003.
ATTEST: OLJames P. Carter, Pre ' ent
ing rosswy, Secret