HomeMy WebLinkAbout07-23-02 TSH San Marcos Min MINUTES AND CERTIFICATION
On July 23, 2002, the Board of Directors (the "Board") of the Texas Student
Housing Corporation - San Marcos 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
Mike Farhat Member
all of whom were present except Mr. Farhat and Ms. Rogers. Also present were: Mr.
Larry Williamson, Mr. Allen Moon, Mr. Scott Bradley, Mr. Trent Petty, Ms. Mary
Midgette and Ms. Ginger Crosswy.
President Carter called the meeting to order at 10:00 p.m.
The minutes of the meeting held on June 25, 2002, were approved as presented.
There was a motion by Ms. Bush, seconded by Dr. Watson to approve a resolution
approving a correction to the bylaws and ratifying any previous action taken. The
motion carried unanimously.
Mr. Petty reported to the Board that there is not enough money in the TSHC account
to pay the fall 2002 room and board scholarship costs for the Texas A&M students. He
asked the Board to authorize a transfer from the TSHC-SMP to cover these bills. There
was a motion by Dr. Watson, seconded by Dr. Brooks, to authorize a transfer from the
TSHC-SMP in the amount of$26,368.65 to the TSHC to cover the costs of the A&M
students for the fall semester. The motion carried unanimously.
Mr. Petty reported that the Board is responsible for the legal bills from Vinson &
Elkins and Arthur Anderson that were authorized by the City of Cameron Education
Corporation. There was a lengthy discussion concerning these very large bills. There
was a motion by Mr. Blake, seconded by Dr. Brooks, that Mr. Carter, Mr. Bradley, Mr.
Allen Moon and Mr. Petty visit the officials at the City of Cameron Education
Corporation regarding these unreasonable expenses. The motion carried unanimously.
There was a motion by Dr. Brooks, seconded by Ms. Bush, to pay$3070.00 to Whitley
Penn for the audit. The motion carried unanimously.
There being no further business the meeting was adiourned at 10:40 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 27th day of August, 2002.
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ATTEST: .w..�...Janyes P. Carter, President
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Ging6—Crosswy, Secre.Igry