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HomeMy WebLinkAbout03-02-17 TSHA Min T x_t STUDENT ]HHousING MINUTES OF THE MEETING OF THE BOARD OF DIRECTORS OF THE TEXAS STUDENT HOUSING AUTHORITY (AN INSTRUMENTALITY OF THE TOWN OF WESTLAKE) HELD March 2, 2017 99 Trophy Club Drive Trophy Club, TX 76262 PRESENT: Board members Scott Bradley, Mark Harrow, Bryant Fisher, Randy Quick & Executive Director Tracy Schomack. 1. CALL TO ORDER. President Bradley called the meeting to order at 6:32 pm 2. REVIEW AND APPROVE MINUTES FOR THE MEETING HELD January 17, 2017. DISCUSSION: Director Fisher made a motion to approve the minutes of the January 17, 2017 meeting. Director Quick seconded the motion. The motion carried unanimously. 3. RECEIVE UPDATE FROM EXECUTIVE DIRECTOR TRACY SCHORNACK ON SCHOLARSHIP APPLICATION COUNT INCLUDING NUMBER OF RENEWALS AND NEW SCHOLARSHIP AVALABILITY. DISCUSSION: Cambridge-348 applications received, 14 renewals, 306 letters mailed out for scholarships, 6 accepted to date. Town Lake- 256 applications received, 41 renewals, 7 spots available for scholarships, 2 accepted to date, one from Southlake Carroll High 4. DISCUSS FULL SCHOLARSHIP AVAILABILITY. DISCUSSION: Cambridge: 1 Renewal Westlake Academy, 1 New Westlake Academy, 1 Partial full scholarship for $5,000 was awarded. Page 1 of 3 5. DISCUSS WESTLAKE ACADEMY SCHOLARSHIP APPLICANTS. DISCUSSION: Lauren Petersen- Cambridge; Scarlet Oakley-Cambridge 6. DISCUSS AND APPROVE THE REVISED CAMBRIDGE BUDGET. DISCUSSION: Added Utilities line item for fee assessed by the city of College Station for $1,196/month. MOTION: President Bradley made a motion to approve the revised Cambridge budget, Director Quick seconded the motion. The motion passed unanimously. 7. EXECUTIVE SESSION President Bradley adjourned to executive session at 7:36 pm. The Council will conduct a closed session pursuant to Texas Government Code, annotated, Chapter 551, Subchapter D for the following: a. Sec. 551.071 Consultation with Attorney (1) when the governmental body seeks the advice of its attorney (A) pending or contemplated litigation: or (B) a settlement offer: ITG Fund Manager b. Section 551.074(a)(1): Deliberation Regarding Personnel Matters —to deliberate the appointment, employment, evaluation, reassignment, duties, of a public officer or employee: Executive Director S. RECONVENE MEETING President Bradley reconvened meeting at 8:02 pm. 9. TAKE ANY ACTION, IF NEEDED, FROM EXECUTIVE SESSION ITEMS. DISCUSSION: Item A- No Action Taken Item B- See Motion Below MOTION: Director Fisher made a motion that since the Executive Director receives no benefits other than salary, that the Salary shall be increased to compensate for the loss of Benefits normally given to Town of Westlake employees. Director Quick seconded the motion. The motion passed with 3 Votes, Director Harrow abstained. Page 2 of 3 10. RECEIVE UPDATE FROM BRYANT FISHER REGARDING WESTLAKE ACADEMY CAPITAL IMPROVEMENT ASSISTANCE. REVIEW AND TAKE ACTION AS NECESSARY. DISCUSSION: No Update from Director Fisher 11. ADJOURNMENT Meeting adjourned at 8:17 pm. APPROVED by the Texas Student Housing Authority Board of Directors on l Gi/Sr 8 2017. 46L�10"- Scort Bradley, President ATTEST: Katie Kolkmeier, Secretary Page 3 of 3