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HomeMy WebLinkAbout03-28-16 TSHA MinTEXAS STUDENT HOUSING MINUTES OF THE MEETING OF THE BOARD OF DIRECTORS OF THE TEXAS STUDENT HOUSING AUTHORITY (AN INSTRUMENTALITY OF THE TOWN OF WESTLAKE) HELD MARCH 28, 2016 AT Westlake Town Hall 99 Trophy Club Drive Trophy Club, TX 76262 PRESENT: Board members Scott Bradley, Tracy Schornack, Mark Harrow, Bryant Fischer and Trish Howard. OTHERS PRESENT: Randy Quick 1. CALL TO ORDER President Bradley called the meeting to order at 6:00 p.m. 2. REVIEW AND APPROVE MINUTES FOR THE MEETING ON MARCH 8, 2016. MOTION: Director Schornack made a motion to approve the minutes of the March 8, 2016 meeting. Director Harrow seconded the motion. The motion carried by a vote of 5-0. Bryant Fisher made a motion to accept either spelling of either Town Lake or Townlake to the board. Director Schornack seconded the motion. The motion carried by a vote of 5-0. 3. RECEIVE REPORT FROM THE EXECUTIVE DIRECTOR INCLUDING MEETINGS WITH ASSET CAMPUS AND NIMES CAPITAL. DISCUSSION: Director Schornack discussed the current situation with Asset Campus and Nimes Capital. 4. CONSIDER AND TAKE ACTION CONCERNING PROPOSAL FOR DISPOSITION OF TOWNLAKE PROJECT. Page 1 of 2 DISCUSSION: Board recessed into executive session at 6:18 It is our understanding that A2 Bonds are subordinate to Al. Executive session adjourned at 8:30 p.m. Regular session reconvened. No action to be taken at this time. 5. ADJOURN. All agenda items having been addressed, President Bradley adjourned the meeting at 8:31 p.m. APPROVED by the Texas Student Housing Authority Board of Directors on , 2016. Scott President Bradle , Page 2 of 2