HomeMy WebLinkAbout06-17-08 TSH San Marcos Min (2)
BOARD OF DIRECTORS OF THE
TEXAS STUDENT HOUSING AUTHORITY – SAN MARCOS PROJECT
(AN INSTRUMENTALITY OF THE TOWN OF WESTLAKE)
June 17, 2008
PRESENT: Chairman Jim Carter and Directors Jac Irvine, George Ledak, and Jill McKean.
ABSENT: Directors Larry Darlage, Melanie Lekkos, and Chuck Schultz.
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 7:01 p.m.
2. CONSIDER APPROVAL OF MINUTES OF THE MEETING OF THE TEXAS
STUDENT HOUSING CORPORATION–SAN MARCOS PROJECT HELD
JANUARY 29, 2008.
Chairman Carter introduced the item and asked for a motion to approve the minutes.
MOTION: Director McKean made a motion to approve the minutes as presented.
Director Ledak seconded the motion. The motion carried by a vote of 4-0.
3. CONSIDER APPROVAL OF FY 2008-2009 BUDGET.
Finance Manager Pete Ehrenberg presented the proposed budget to the Board and advised
that the budget is based on a 95% occupancy rate.
Discussion ensued regarding the budget and the condition of the property.
MOTION: Director Ledak made a motion to approve the FY 2008-2009 budget as
presented. Director McKean seconded the motion. The motion carried by
a vote of 4-0.
TSHA – San Marcos Project Page 2 of 2
Special Meeting Minutes
June 17, 2008
4. ADJOURNMENT.
There being no further business before the board, Chairman Carter declared the meeting
adjourned at 7:09 p.m.
APPROVED BY THE TEXAS STUDENT HOUSING AUTHORITY BOARD OF
DIRECTORS ON ________, 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 ___TH day of ________.
______________________________________
Jim Carter, Chair
ATTEST
____________________________________
Kim Sutter, Secretary