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HomeMy WebLinkAbout07-01-13 TSHA Min XA STUDENT :, HousING INUTES OF THE BOARD OF DIRECTORS OFT E TEXAS STUDENT HOUSING AUTHORITY (AN INSTRUMENTALITY OF THE TOWN OF EST ICE) July 1, 2013 PRESENT: President Jim Carter, Directors, Scott Bradley, George Ledak and Gregg Malone. ABSENT: OTHERS PRESENT: Executive Director Pete Ehrenberg and Secretary Kelly Edwards. 1. CALL TO ORDER President Carter called the meeting to order at 6:00 p.m. 2. DISCUSS AND CONSIDER APPROVAL OF CAMBRIDGE, TOWN LAKE, AUSTI BALLPARK, AND TSHA ANNUAL BUDGETS FY 2013-2014. Executive Director Ehrenberg provided an overview of the proposed authority property budgets. Director Ehrenberg also provided an overview of the Authority budget delineating the Executive Director as an employee. MOTION: Director Bradley made a motion to approve the Cambridge budget continuing to maintain the legal fees in reserve. Director Malone seconded the motion. The motion carried by a vote of 4-0. MOTION: Director Bradley made a motion to approve the Ballpark budget. Director Ledak seconded the motion. The motion carried by a vote of 4-0. MOTION: Director Malone made a motion to approve the Townlake budget. Director Ledak seconded the motion. The motion carried by a vote of 4-0. TSHA Min 07/01/13 Page 1 of 3 MOTION: Director Ledak made a motion to approve the Authority budget. Director Bradley seconded the motion. The motion carried by a vote of 4-0. 3. DISCUSS A CONSIDER THE OVERSIGHT FEE TO THE TOWN OF WESTLAKE. Discussion ensued regarding the total amount paid to the town to date of $950,000.00. No action taken. . EXECUTIVE SESSION The Authority did not convene into executive session. The Authority will conduct a closed session pursuant to Texas Government Code, annotated, Chapter 551, Subchapter D for the following: Section 551.074(x)(1): Deliberation Regarding Personnel Matters — to deliberate the appointment, employment, evaluation, reassignment, duties, of a public officer or employee: TSHA Executive Director 5. RECONVENE MEETING . TAKE ANY ACTION, IF NEEDED, FROM XECUT SESSION ITEMS. 7. EXECUTIVE DIRECTOR'S REPORT Executive Director Ehrenberg provided an overview of the opinion issued by the Court of Appeals, Seventh District of Texas at Amarillo. The opinion grants TSHA the exemption for the 2005 but not any additional years. President Carter left the meeting at 6:27 p.m. TSHA Min 07/01/13 Page 2 of 3 S. ADJOURN Director Bradley asked for a motion to adjourn. MOTION: Director Ledak made a motion to adjourn the meeting. Director Malone seconded the motion. The motion carried by a vote of 3-0. There being no further business before the board, President Carter declared the meeting adjourned at 6:40 p.m. APPROVED BY THE TEXAS STUDENT HOUSING AUTHORITY F DIRECTORS ON OCTOBER 2, 2013. �bbb b6 X)ir- -Carter, 'dint ATTEST e. Kelly Edwa�s, Secretary TSHA Min 07/01/13 Page 3of3