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HomeMy WebLinkAbout04-23-13 TSHA Min X STUDENT u Nr' MINUTES OF THE BOARD F DIRECTORS OF THE TEXAS STUDENT HOUSING AUTHORITY INSTRUMENTALITY F THE TOWN OF WESTLAKE) April 23, 2013 PRESENT: President Jim Carter, Directors, Scott Bradley, and George Ledak. ABSENT: Gregg Malone OTHERS E T: Executive Director Pete Ehrenberg and Secretary Kelly Edwards. . CALL TO ORDER President Carter called the meeting to order at 5:49 p.m. 2. REVIEW AND APPROVE MINUTES FOR THE MEETING Y 15, 2013. MOTION: Director Bradley made a motion to approve the minutes. Director Carter seconded the motion. The motion carried by a vote of 2-0-1. Director Ledak abstained. 3. DISCUSSION AND CONSIDERATION REGARDING THE SALE S FROM MBIA TO E ETCAPITAL E THE AUSTIN BALLPARK PROPERTY. Director Ehrenberg provided an overview of the sale. MOTION: Director Bradley made a motion to approve the new senior series A uninsured R-14 and R-14 authorizing President Carter to sign the sale. Director Ledak seconded the motion. The motion carried by a vote of 3-0. TSHA Min 04/23/13 Page 1 of 2 4. DISCUSSION AND CONSDIERATION REGARDING MEMBER APPLICATION SAL HERNANDEZ. Mr. Sal Hernandez provided the Board an overview of his experience and reasons for submitting an application. No action taken by the Board at this time. The Board would like discuss the appointment using executive session during the next meeting on June 11, 2013. S. ADJOURN President Cater asked for a motion to adjourn. TI Director Ledak made a motion to adjourn the meeting. Director Bradley seconded the motion. The motion carried by a vote of 3-0. There being no further business before the board, President Carter declared the meeting adjourned at 6:12 p.m. APPROVED Y THE TEXAS STUDENT HOUSING AUTHORITY F DIRECTORS ON JUNE 11, 2013. JimCarter, Presi4ent ATTEST Kelly E wards(,.,_Secretary TSHA Min 04/23/13 Page 2 of 2