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HomeMy WebLinkAbout01-12-16 TSH Denton MinTEXAS STU 1 )EHOUSING MINUTES OF THE MEETING OF THE BOARD OF DIRECTORS OF THE TEXAS STUDENT HOUSING CORPORATION — DENTON PROJECT HELD January 12, 2016 AT 1301 Solana Boulevard Building 4, Suite 4202 2ND FLOOR, COUNCIL CHAMBER WESTLAKE, TX 76262 PRESENT: Board Members Scott Bradley, Bryant Fisher, Tracy Schornack, Trish Howard, Gregg Malone and Mark Harrow OTHERS PRESENT: None 1. CALL TO ORDER. President Bradley called the meeting to order at 8:04 p.m. 2. REVIEW AND APPROVE MINUTES FOR THE MEETING HELD December 15, 2015. Motion: Director Harrow made a motion to approve the minutes of the December 15, 2015 meeting of the Board of Directors. Director Fisher seconded the motion. Motion carried by a vote of 6-0. 3. RECEIVE REPORT FROM THE EXECUTIVE DIRECTOR. CONSIDER AND TAKE ACTION CONCERNING FUTURE OPERATIONS OF THE DENTON PROJECT. Discussion: A student left Town Lake and the University of Texas early due to migraines. Should we release her from the lease? We are out $125/month for 5 months. Consensus is that the Executive Director will contact the property manager to see if she signed a lease with the property. If so, defer to the management company. Another student at UNT left due to roommate issues and had paid in full but was refunded the balance. 4. RECEIVE REPORT FROM ASSET CAMPUS MANAGEMENT CONCERNING BUDGET PROCEDURES AMD MANAGEMENT OF CAMBRIDGE SCHOLARSHIPS AND TAKE ANY NECESSARY ACTION. 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, INCLUDING WITHOUT LIMITATION ADOPTION OF A REVISED BUDGET. 6. ADJOURN No action taken. Agenda item will be moved forward until we are in receipt of the budget from ACH. All agenda items having been acted upon, President Bradley adjourned the meeting at 8:20 p.m. Approvedr-(1):11(0 by the Texas Student Housing Corporation — Denton Board of Directors on 1i /(/:,, 2016. Scott Bradlef, President ATTEST: Trish Howard, Secretary