HomeMy WebLinkAbout03-19-01 TSHC Min MINUTES AND CERTIFICATION
On March 19, 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 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
Charles Bradberry Member
Dr. Patsy Sharp Member
Dr. John Brooks Member
Dr. Ted Gillum Member
Carroll Schubert Member
Mike Farhat Member
all of whom were present except Dr. Watson, Mr. Farhat, Dr. Sharp and Mr. Schubert.
Also present were: Mr. Scott Bradley, Mr. Allen Moon, Mr. Charles Haynes, Mr. Larry
Williamson, Mr. Bill Moon, Mr. Trent Petty, Ms. Mary Midgette and Ms. Ginger
Crosswy.
President Carter called the meeting to order at 8:31 p.m.
There was a motion by Mr. Blake, seconded by Ms. Bush to convene into
executive session. The motion carried unanimously and the Board moved into executive
session at 8:32 p.m. The Board reconvened into open session at 9:05 p.m. No action was
taken coming out of executive session.
There was a motion by Dr. Brooks, seconded by Mr. Blake, to approve the
minutes for the meetings held on November 18, 2000,November 30, 2000 and January
15, 2001, as presented. The motion carried unanimously.
There was a motion by Mr. Blake, seconded by Dr. Brooks, to accept the
Treasurers report.
The Board took a ten-minute break at 9:05 p.m.
After a lengthy presentation of the audit by Mr. Haynes there was a motion to
accept the audit made by Dr. Gillum, seconded by Mr. Bradberry. The motion carried
unanimously.
Mr. Petty presented the budget to the Board for the year ending August 30, 2001.
After a short question and answer session there was a motion by Dr. Gillum, seconded by
Mr. Blake, to adopt the budget. This motion was amended by Dr. Gillum, seconded by
Mr. Blake, to adopt the budget with the authority for negotiation with SSRS, Inc. to
collect any monies owed to TSHC and any of TSHC's advisors. The motion, as
amended, carried unanimously,
There being no further business to come before the Board there was a motion by
Ms. Bush, seconded by Mr. Blake, to adjourn. The motion carried unanimously and the
meeting was adjourned at 9:26 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 7th day of May, 2001.
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ATTEST: s P> Carter, Presi t
- y
Ginger C sswy, Secretary