HomeMy WebLinkAbout04-23-02 TSHC Min MINUTES AND CERTIFICATION
On April 23, 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. Watson, Dr. Sharp and Mr. Farhat. Also present
were: Mr. Bill Moon, Mr. Allen Moon, Mr. Trent Petty and Ms. Ginger Crosswy.
President Carter called the meeting to order at 7:00 p.m. President Carter stated
that an executive session was not needed.
Mr. Blake suggested minor changes to the minutes being considered. There was a
motion by Dr. Brooks, seconded by Ms. Bush, to approve the minutes of the meeting held
on March 26, 2002 as amended. The motion carried unanimously.
Mr. Petty briefly explained the bills for the Board's consideration. There was a
motion by Dr. Brooks, seconded by Ms. Bush,to pay the bills as outlined totaling
$33,693.02. President Carter asked Mr. Petty to ask Mr. Morris for an estimate of the
exposure of the Corporation in the litigation being pursued. After a short discussion the
motion carried unanimously.
There was no report from the Treasurer as Ms. Bush is missing some bank
statements.
Dr. Sharp arrived at this time.
Mr. Petty asked the Board if they would like the same letter of warning to be sent
to all of the students requesting renewals of their scholarship whose cumulative grade
point average is below 3.0? Consensus of the Board was that the letter should go to all
of the students in this situation. Ms. Bush suggested that the letter being sent out to the
new scholarship recipients include information regarding the room the scholarship covers,
and also include the stipulation that their grades must be kept above a 3.0. Mr. Petty
agreed to add this information to the letter.
There being no further business the meeting was adjourned at 7:19 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 11"' day of June, 2002.
ATTEST: �ames P. Carter, Presid6it
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finger rosswy, Secretary C