HomeMy WebLinkAbout09-24-02 TSH San Marcos Min MINUTES AND CERTIFICATION
On September 24, 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 Dr. Brooks,Ms. Rogers and Dr. Watson. Also present
were: Mr. Larry Williamson,Mr. Allen Moon, Mr. Bill Moon, Mr. Scott Bradley,Mr.
Trent Petty, Ms. Mary Midgette, Ms. Christine Savarese, Ms. Heidi Brendemihl, Ms.
Michelle Haron, Mr. Felix Lozano, Mr. Griff Babb and Ms. Ginger Crosswy.
President Carter called the meeting to order at 6:12 p.m. by asking everyone to
introduce themselves to the representatives from JPI. Ms. Christine Savarese, of JPI
introduced Ms. Heidi Brendemihl and Ms. Michelle Haron who were in attendance to
speak regarding the budget amendments recommended by JPI. Ms. Brendemihl went
through the amendments with the Board, answering questions as the presentation was
made.
The meeting was recessed at 6:30 p.m. The JPI representatives left at 7:20 p.m.
Mr. Scott Bradley and Mr. Bill Moon left at 7:45 p.m.
The meeting reconvened at 7:45 p.m. Mr. Felix Lozano of Whitley Penn spoke to
the Board concerning the challenges that his firm had in preparing the audit for the San
Marcos property. There was a long discussion regarding what was expected of the
auditing firm in auditing the other properties. Mr. Lozano and Mr. Babb left at this time.
There was no action needed regarding the budget amendments.
There was a motion by Mr. Blake, seconded by Ms. Bush,to approve the minutes
of the meeting of August 27, 2002 as presented. There was no discussion and the motion
carried unanimously.
Ms. Midgette told the Board that the update on payments made to all consultants
had not changed since last month.
There was no report from the Program Administrator.
There was a motion by Mr. Blake, seconded by Mr. Farhat,to pay $23,978.55
to Whitley Penn for the audit. There was no discussion and the motion carried
unanimously.
After a long question and answer session regarding several issues the meeting was
adjourned at 8:54 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 29th day of October 2002.
ATTEST: .lam P. Carter, PTe&ident
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Ginge rosswy, Secreta