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HomeMy WebLinkAbout08-20-01 TSH San Marcos Min MINUTES AND CERTIFICATION On August 20, 2001, the Board of Directors (the "Board") of the Texas Student Housing Corporation — San Marcos 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 whore were present except Dr. Watson and Ms. Bush. Also present were: Mr. Allen Moon, , Mr. Larry Williamson, Mr. Scott Bradley, Mr. Charles Haynes, Mr. Trent Petty, Ms. Mary Midgette and Ms. Ginger Crosswy. President Carter called the meeting to order at 6:27 p.m. There was a motion to convene into executive session by Dr. Brooks, seconded by Dr. Sharp. The motion passed unanimously. The Board reconvened into open session at 6:28 p.m. There was a motion by Mr. Blake, seconded by Dr. Brooks,to approve the minutes from the meetings held on March 19, May 7 and June 12, 2001. The motion carried unanimously. Mr. Petty gave the Board an update on the budget review process and a performance report on the property. There was a lengthy question and answer session. Mr. Petty gave the Board his recommendation to hire the firm of Whitley Penn as the new auditors for the Corporations. Mr,Haynes spoke to the Board in regard to his work as current auditor for the Corporatidns. The meeting was then recessed at 7:14 p.m. The Board reconvened at 10:20 p.m. There was a motion by Dr. Brooks, seconded by Mr. Blake, to hire the firm Whitley Penn as the auditor for the Corporations. The motion carried with three votes for. Mr. Carter abstained. There being no further business to come before the meeting was adjourned at 10:22 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 25`x' day of September, 2001. ATTEST: s Carter, Presi t /D Ginger rosswy, Secr r