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HomeMy WebLinkAbout01-29-08 TSH San Marcos Min (2)TSHA – San MarcosProject Page 1 of 2 January 29, 2008 BOARD OF DIRECTORS OF THE TEXAS STUDENT HOUSING AUTHORITY – SAN MARCOS PROJECT (AN INSTRUMENTALITY OF THE TOWN OF WESTLAKE) NOVEMBER 20, 2007 PRESENT: Chairman Jim Carter and Directors George Ledak, Jac Irvine, and Chuck Schultz ABSENT: Directors Larry Darlage, Jill McKean, and Melanie Lekkos. OTHERS PRESENT: President Hank Smyth, General Counsel Scott Bradley, Finance Manager Pete Ehrenberg, and Secretary Kim Sutter. 1. CALL TO ORDER. Chairman Carter called the meeting to order at 6:41 p.m. 2. DISCUSS AND CONSIDER APPROVAL OF SAN MARCOS PROPERTY AUDIT FOR FY 2006-2007 PRESENTED BY PATILLO BROWN & HILL, L.L.P. Mr. John Manning, partner with Patillo Brown & Hill, L.L.P., presented the draft audit and reviewed the audit report, financial statements, interest income, revenues, and expenditures, and offered to address any questions of the Board. After discussion by the Board, Chairman Carter asked for a motion to accept the audit. MOTION: Director Irvine made a motion to accept the 2006-2007 San Marcos property audit. Director Schultz seconded the motion. The motion carried by a vote of 4-0. 3. REVIEW AND APPROVE MINUTES OF NOVEMBER 20, 2007. Chairman Carter introduced the item and asked for a motion to approve the minutes. MOTION: Director Schultz made a motion to approve the minutes as presented. Director Irvine seconded the motion. The motion carried by a vote of 4-0. TSHA – San MarcosProject Page 2 of 2 January 29, 2008 4. ADJOURNMENT. There being no further business before the board, Chairman Carter declared the meeting adjourned at 6:52 p.m. APPROVED BY THE TEXAS STUDENT HOUSING AUTHORITY BOARD OF DIRECTORS ON JUNE 17, 2008. The 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 17TH day of June 2008. ______________________________________ Jim Carter, Chair ATTEST ___________________________________ Kim Sutter, Secretary