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HomeMy WebLinkAbout01-29-02 TSHC Min 'MINUTES AND CERTIFICATION On January 29, 2002, the Board of Directors (the "Board") of the Texas Student Housing Corporation convened in a public meeting at the designated meeting place in Westlake, Texas. The roll of the duly constituted officers and members of the Board was called, which are as follows: Name Title James P. Carter President Worth Blake Vice President Annette Bush Treasurer Dr. Forrest Watson Member Dr. Patsy Sharp Member Dr. John Brooks Member Mike Farhat Member all of whom were present except Dr. Brooks, Dr. Watson and Dr. Sharp. Also present were: Mr. Bill Moon, Mr. Allen Moon and Ms. Ginger Crosswy. President Carter called the meeting to order at 6:17 p.m. The minutes of the meeting held on November 27, 2001 were approved as presented. The Board convened into executive session at 6:18 p.m. and reconvened into open session at 6:38 p.m. There was a motion by Ms. Bush, seconded by Mr. Blake, to authorize Mr. Petty to sign the release of the surety bond for Chase Bank. The motion carried unanimously. There was a motion by Ms. Bush, seconded by Mr. Blake, to adopt the logo presented by the Program Administrator. The motion carried unanimously. There was a long discussion regarding the bills from consultants and the compensation for the project administrator. Mr. Farhat suggested the Board think about compensation for the Board members. Mr. Allen Moon stated that state law precludes any payment other than reimbursement of expenses for the Board members. There was a motion by Mr. Carter, seconded by Mr. Blake, to approve payment of the invoices presented. The motion carried unanimously. Ms. Bush presented a Treasurers report. There being no further business the meeting was adjourned at 7.25 p.m. MINUTES APPROVED AND CERTIFIED TO BE TRUE AND CORRECT and to correctly reflect the duly constituted officers and members of the Board, and is hereby certified to be a correct copy of an official copy thereof, on file among the official records of the Board, on this the 26th day of March, 2002. ATTEST: a es P. C er, Pres" nt ding-erkfrosswy, Secretary Trent O. Petty, P,,f6grafrt Administrator