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HomeMy WebLinkAbout12-15-15 TSH Denton MinTEAS S'ruD I-: H USING MINUTES OF THE MEETING OF THE BOARD OF DIRECTORS OF THE TEXAS STUDENT HOUSING CORPORATION — DENTON PROJECT HELD DECEMBER 15, 2015 AT 3 VILLAGE CIRCLE COUNCIL CHAMBER, 2ND FLOOR WESTLAKE, TEXAS 76262 PRESENT: Board Members Scott Bradley, Bryant Fisher, Tracy Schornack, Trish Howard, and Mark Harrow ABSENT: Board Member Gregg Malone OTHERS PRESENT: None 1. CALL TO ORDER. President Bradley called the meeting to order at 8:12 p.m. 2. CONSIDER AND TAKE ACTION TO ACCEPT THE SECRETARY'S RESIGNATION AND TO APPOINT TRISH HOWARD AS THE SUCCESSOR TO THE OFFICE. Motion: Director Fisher made a motion to accept the resignation of Tracy Schornack as Secretary of the Corporation and to appoint Trish Howard as her successor. Director Schornack seconded the motion. Motion carried by a vote of 5-0. 3. REVIEW AND APPROVE MINUTES FOR THE MEETING HELD NOVEMBER 12, 2015. Motion: Director Schornack made a motion to approve the minutes of the November 12, 2015 meeting of the Board of Directors. Director Fisher seconded the motion. Motion carried by a vote of 5-0. 4. RECEIVE REPORT FROM THE AUDITORS, WEAVER TIDWELL, LLC FOR FISCAL YEAR 2015. This report was received by the Board in the Texas Student Housing Authority board meeting held immediately prior to this meeting - no action necessary. 5. CONSIDER AND TAKE ACTION CONCERNING FUTURE OPERATIONS OF THE DENTON PROJECT. No action necessary. 6. RECEIVE A REPORT FROM THE EXECUTIVE DIRECTOR CONCERNING THE SITE VISIT TO THE DENTON PROJECT BY BOARD MEMBERS SCHORNACK, HARROW AND FISHER. 7. ADJOURN Director Schornack reported on the visit to the Corporation's property in Denton, Texas by Executive Director Schornack and Directors Harrow and Fisher. She stated that the property appears to be doing well and appears to have no issues that need to be addressed by the Board. No action necessary. All agenda items having been acted upon, President Bradley adjourned the meeting at 8:18 p.m. Approved by the Texas Student Housing Corporation — Denton Board of Directors on 9CLJVL' c4c.7 I 27-2016. ott Bradle , Sc President ATTEST: Trish Howard, Secretary