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HomeMy WebLinkAbout04-21-16 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 APRIL 21, 2016 AT 99 Trophy Club Drive Trophy Club, TX 76262 PRESENT: Board members Scott Bradley, Tracy Schornack, Mark Harrow, & Bryant Fisher. OTHERS PRESENT: Randy Quick 1. CALL TO ORDER President Bradley called the meeting to order at 6:09 p.m. Recess to enter Executive Session at 6:09 p.m. Adjourn Executive Session at 7:35. 2. REVIEW AND APPROVE MINUTES FOR THE MEETING ON MARCH 28, 2016. MOTION: Director Fisher made a motion to approve the minutes of the March 28, 2016 meeting. Director Harrow seconded the motion. The motion carried by a vote of 4-0. 3. RECEIVE UPDATES FROM EXECUTIVE DIRECTOR ON OPERATIONS. DISCUSSION: Director Schornack discussed bank balances, Town Lake condition of Accounts Payable and options to assist property. 4. RECEIVE UPDATES ON SCHOLARSHIPS AT TOWN LAKE AND COLLEGE STATION PROJECTS FROM EXECUITVE DIRECTOR. DISCUSSION: Scholarship count per property compared to last year. One full scholarship for one Westlake Academy student. 5. RECEIVE UPDATES FROM BRYAN FISHER REGARDING SMART BOARDS FOR WESTLAKE AND DISCUSS Page 1 of 2 5. RECEIVE UPDATES FROM BRYANT FISHER REGARDING SMART BOARDS FOR WESTLAKE AND DISCUSS DISCUSSION: Bryant deferred as he has not yet held a meeting with the Westlake Personnel. 6. CONSIDER AND TAKE ACTION CONCERNING PROPOSAL FOR DISPOSITION OF TOWNLAKE PROJECT. DISCUSSION: Discussed but no action was taken at this time. 7. DISCUSS AND CONSIDER LAWSUIT FILED BY ITG CAPITAL AGAINST BNY MELLON DISCUSSION: Discussed but no action was taken at this time. 8. ADJOURN. All agenda items having been addressed, President Bradley adjourned the meeting at 8:18 p.m. APPROVED by the Texas Student Housing Authority Board of Directors on , 2016. Scott Bradrey, President ATTEST: Trish Howard,!`Secretary Page 2 of 2