HomeMy WebLinkAbout03-26-02 TSH Denton Min MINUTES AND CERTIFICATION
On March 26, 2002, the Board of Directors (the "Board") of the Texas Student
Housing Corporation — Denton Project 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 Mr. Blake. Also present were: Mr. Bill Moon, Mr.
Allen Moon Mr. Larry Williamson, Mr. Scott Bradley, Mr. Trent Petty, Ms. Mary
Midgette and Ms. Ginger Crosswy.
President Carter called the meeting to order at 7:50 p.m. and went directly into
executive session. The Board reconvened into open session at 7:55 p.m.
There was no action needed coming out of executive session and no action taken
regarding matters relating to litigation.
Motion by Mr. Farhat, seconded by Ms. Bush, to pay the bills as outlined totaling
$77.39. The motion carried unanimously.
Consider an amendment to the current budget. This item was explained by Mr_
Petty. There was a motion by Mr. Carter, seconded by Dr. Sharp, to create tax liability
line item in the current budget accruing $50,000 monthly to cover a potential tax
liability. The motion carried unanimously.
There was a motion by Mr. Farhat, seconded by Ms. Bush, to approve the minutes
of the meeting held on January 29, 2002 as presented. The motion carried unanimously.
There was no report from the Program Administrator.
There was a motion by Dr. Brooks, seconded by Dr. Sharp, to award the
following scholarships for school year 2002-2003.
Megan Cloud Northwest High School
Nicholas Chui Fossil Ridge High School
Drew Malloy Carroll High School
The motion carried unanimously.
Mr. Carter read a resignation letter from Dr. Patsy Sharp. Dr. Sharp is resigning
from the Board of all of the Texas Student Housing entities effective June 1, 2002.
Several Board members voiced regret at Dr. Sharp's resignation.
There being no further business the meeting was adjourned at 8:15 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 off vial records
of the Board, on this the 23`d day of April, 2002.
ATTEST: 6mes 4Carterresident
Ginge Crosswy, Secret
Trent O. Petty, Pro ram ministrator