HomeMy WebLinkAbout08-20-01 TSHC Min MINUTI`.S AND CERTIFICATION
On August 20, 2001, 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 daly 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 and Ms. Bush. Also present were: Mr.
Scott Bradley, Mr. Allen Moon, Mr. Larry Williamson, Mr. Trent Petty, Mr. Charles
Haynes, Ms. Mary Midgette and Ms. Clinger Crosswy.
President Carter called the r}eeting to order at 7:46 p.m.
There was a motion by Mr. :31ake, seconded by Dr. Sharp, to approve the minutes
of the meetings held on March 19, May 7 and June 12,2001.
Mr. Haynes explained his management letter to the Board with a short question
and answer session.
Mr. Petty spoke to the Board regarding the student upgrade costs and the budget
process.
There was a motion by Mr. Farhat, seconded by Dr. Brooks,to recess into
executive session at 8:26. The mot ion carried unanimously. The Board reconvened into
open session at 10:20 p.m.
There was a motion by Dr. P rooks;seconded by Mr. Blake, to hire Whitley Penn
as the new auditor for the Corporations. The motion carried with three votes for. Mr.
Carter abstained.
Mr. Allen Moon and Mr. Lany Williamson spoke regarding new property
acquisition opportunities.
Mr. Allen Moon urged the Board to consider changing the by-laws to amend the
decision-making and check writing authority. Mr. Moon also suggested that the Board
should be given a treasurers report on a regular basis. Mr. Moon was instructed to draft
the amendment to the by-laws.
There being no further businc!ss to come before the Board there was a motion by
Dr. Brooks,seconded by Dr. Sharp, to adjourn. The motion carried unanimously and the
meeting was adjounred at 11:20 p.m.
MINUTES APPROVED AND CERTIFIED TO BE TRUE AND CORRECT and
to correctly reflect the duly constitILted officeis 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`h day c.f September, 2001.
J
ATTEST: ames P. Carter resident
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