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HomeMy WebLinkAbout01-17-17 TSH Denton Min MINUTES OF THE MEETING OF THE BOARD OF DIRECTORS OF THE TEXAS STUDENT HOUSING CORPORATION — DENTON PROJECT HELD JANUARY 17, 2017 AT 99 Trophy Club Drive Conference Room Trophy Club, TX 76262 PRESENT: Board members Scott Bradley, Tracy Schornack, Mark Harrow, Randy Quick and Bryant Fisher. OTHERS PRESENT: John Deburro of Weaver and Tidwell 1. CALL TO ORDER President Bradley called the meeting to order at 8:57 p.m. 2. RECEIVE AUDIT REPORT FROM WEAVER AND TIDWELL TO CONSIDER FOR APPROVAL. TAKE ACTION AS NECESSARY. DISCUSSION: Previously discussed in Authority meeting. 3. REVIEW AND APPROVE MINUTES FROM THE MEETING HELD DECEMBER 6, 2016. MOTION: Director Harrow made a motion to approve the minutes of the December 6, 2016 meeting. Director Fisher seconded the motion. The motion passed unanimously. 4. RECEIVE UPDATE FROM EXECUTIVE DIRECTOR TRACY SCHORNACK ON THE NUMBER OF RENEWAL SCHOLARSHIP STUDENTS FOR FISCAL YEAR 2017 AND THE NUMBER OF NEW SCHOLARSHIP APPLICANTS RECEIVED YEAR TO DATE. DISCUSSION: Previously discussed in Authority meeting. S. DISCUSS ASSET CAMPUS REQUEST TO HAVE READ ONLY ACCESS TO TSHA BANK ACCOUNTS. DISCUSSION: President Bradley made a motion that we deny the request for on line access and that Executive Director Schornack will scan and email the Denton and Cambridge statements to Asset Campus once we have been assured that the lockbox company has correctly fulfilled their duties. Director Quick seconded the motion. The motion carried unanimously. 6. ADJOURMENT. Meeting adjourned at 8:59 p.m. Approved by the Texas Student Housing Corporation — Denton Board of Directors on 2e1-6: c� Scott Bradley, resident ATTEST: S— f L. Trish Howard, Secretary i