HomeMy WebLinkAbout10-04-11 TSHA Agenda Packet
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AGENDA
BOARD OF DIRECTORS OF THE
TEXAS STUDENT HOUSING AUTHORITY
(AN INSTRUMENTALITY OF THE TOWN OF WESTLAKE)
October 4, 2011
5:30 PM
3 VILLAGE CIRCLE, 2nd FLOOR
COUNCIL CHAMBERS/MUNICIPAL COURT ROOM
WESTLAKE, TEXAS
1. CALL TO ORDER
2. REVIEW AND APPROVE MINUTES FOR THE MEETING ON JUNE 21, 2011.
3. DISCUSS AND CONSIDER APPROVAL TEXAS STUDENT HOUSING AUTHORITY
ANNUAL AUDIT FOR FY 2009-2010 AS PRESENTED BY PATTILLO BROWN &
HILL, L.L.P.
4. DISCUSSION REGARDING TEXAS STUDENT HOUSING AUTHORITY VS.
BRAZOS COUNTY APPRAISAL DISTRICT AND APPRAISAL REVIEW BOARD
FOR BRAZOS COUNTY APPRAISAL DISTRICT – CAUSE NO. 06-002328-CV-
272.
5. DISCUSSION AND CONSIDERATION OF AN INVOICE FROM THE TOWN OF
WESTLAKE.
6. EXECUTIVE DIRECTOR’S REPORT.
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7. ADJOURN
ANY ITEM ON THIS POSTED AGENDA COULD BE DISCUSSED IN EXECUTIVE SESSION
AS LONG AS IT IS WITHIN ONE OF THE PERMITTED CATEGORIES UNDER SECTIONS
551.071 THROUGH 551.076 AND SECTION 551.087 OF THE TEXAS GOVERNMENT
CODE.
CERTIFICATION
I certify that the above notice was posted at the Town Hall of the Town of Westlake, 3 Village Circle, Westlake,
Texas, on September 28, 2011, by 5:00 p.m. under the Open Meetings Act, Chapter 551 of the Texas Government
Code.
_____________________________________
Kelly Edwards, Secretary
If you plan to attend this public meeting and have a disability that requires special needs, please advise the Town
Secretary 48 hours in advance at 817-490-5710 and reasonable accommodations will be made to assist you.
TSHA Min 06/21/11
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MINUTES OF THE
BOARD OF DIRECTORS OF THE
TEXAS STUDENT HOUSING AUTHORITY
(AN INSTRUMENTALITY OF THE TOWN OF WESTLAKE)
June 21, 2011
PRESENT: President Jim Carter, Directors, Scott Bradley, Gregg Malone, and Jill McKean.
ABSENT: George Ledak
OTHERS PRESENT: Executive Director Pete Ehrenberg and Secretary Kelly Edwards.
1. CALL TO ORDER
President Carter called the meeting to order at 5:44 p.m.
2. REVIEW AND APPROVE MINUTES FOR THE MEETING ON APRIL 19, 2011.
MOTION: Director McKean made a motion to approve the minutes. Director Malone
seconded the motion. The motion carried by a vote of 4-0.
3. REVIEW AND DISCUSS THE FY 2010-2011TSHA FINANCIALS.
Director Ehrenberg provided an overview and update regarding the current financials.
President Carter asked Pete to schedule a meeting with the Town Manager, Council
Member Cox, and President Carter to discuss a payment to the Town.
Discussion ensued regarding the amount of available funds that could be contributed to
the Town and the reserve balance.
TSHA Min 06/21/11
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4. DISCUSS AND CONSIDER APPROVAL OF CAMBRIDGE, TOWN LAKE, AUSTIN
BALLPARK, AND TSHA ANNUAL BUDGETS FY 2011-2012.
Executive Director Ehrenberg provided an overview of the proposed expenses and
revenues of Authority, Cambridge, Ballpark, and Town Lake budgets.
Discussion ensued regarding the increases of food, utilities, payroll, reserve amounts,
bond payments and capital expenditures per property.
MOTION: Director McKean made a motion to approve the FY 2011-2012 budgets
for Cambridge, Town Lake, Ballpark and TSHA. Director Malone
seconded the motion. The motion carried by a vote of 4-0.
5. EXECUTIVE SESSION
The board convened into executive session at 6:40p.m.
The Board will conduct a closed session pursuant to Texas Government Code,
annotated, Chapter 551, Subchapter D for the following:
a. Section 551.071: Consultation with Attorney - to seek advice of counsel on legal
matters involving pending or contemplated litigation, settlement offers, or other
legal matters not related directly to litigation or settlement. Pending or
contemplated litigation and settlement offers include but are not limited to the
following:
Texas Student Housing Authority vs. Brazos County Appraisal District and
Appraisal Review Board for Brazos County Appraisal District –
CAUSE NO. 06-002328-CV-272
6. RECONVENE MEETING
President Carter reconvened the meeting at 6:57 p.m.
7. TAKE ANY ACTION, IF NEEDED, FROM EXECUTIVE SESSION ITEMS.
MOTION: Motion made by Director McKean to direct current counsel Kelly Hill to
give notice of appeal and to authorize the General Counsel Bradley to
review three (3) law firms that could represent TSHA in litigation
regarding Texas Student Housing Authority vs. Brazos County Appraisal
District and Appraisal Review Board for Brazos County Appraisal District –
CAUSE NO. 06-002328-CV-272. Motion seconded by Director Malone.
Motion carried by a vote of 4-0.
TSHA Min 06/21/11
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8. EXECUTIVE DIRECTOR’S REPORT.
Executive Director Ehrenberg provided and update to the board on the number of
scholarships and updates on the property.
9. ADJOURN
President Cater asked for a motion to adjourn.
MOTION: Director McKean made a motion to adjourn the meeting. Director Malone
seconded the motion. The motion carried by a vote of 4-0.
There being no further business before the board, President Carter declared the meeting
adjourned at 7:02 p.m.
APPROVED BY THE TEXAS STUDENT HOUSING AUTHORITY BOARD OF DIRECTORS
ON OCTOBER 4, 2011.
______________________________________
Jim Carter, President
ATTEST
____________________________________
Kelly Edwards, Secretary