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Home My WebLink About10-22-13 TSHA Agenda Packet Page 1 of 2 AGENDA BOARD OF DIRECTORS OF THE TEXAS STUDENT HOUSING AUTHORITY (AN INSTRUMENTALITY OF THE TOWN OF WESTLAKE) October 22, 2013 6:00 PM TEXAS STUDENT HOUSING OFFICE 3 VILLAGE CIRCLE, COUNCIL CHAMBERS/MUNICIPAL COURT ROOM WESTLAKE, TEXAS 1. CALL TO ORDER 2. REVIEW AND CONSIDER APPROVAL OF THE MINUTES FOR THE MEETING ON JULY 1, 2013. 3. REVIEW AND CONSIDER APPROVAL OF THE MINUTES FOR THE MEETING ON JULY 9, 2013. 4. DISCUSSION REGARDING PENDING LITIGATION - TEXAS STUDENT HOUSING AUTHORITY v. BRAZOS COUNTY APPRAISAL DISTRICT AND APPRAISAL REVIEW BOARD FOR BRAZOS COUNTY APPRAISAL DISTRICT. 5. CONSIDERATION AND DISCUSSION REGARDING THE EMPLOYMENT STATUS OF THE EXECUTIVE DIRECTOR’S POSITION. 6. EXECUTIVE DIRECTOR’S REPORT. Page 2 of 2 7. ADJOURN ANY ITEM ON THIS POSTED AGENDA COULD BE DISCUSSED IN EXECUTIVE SESSION AS LONG AS IT IS WITHIN ONE OF THE PERMITTED CATEGORIES UNDER SECTIONS 551.071 THROUGH 551.076 AND SECTION 551.087 OF THE TEXAS GOVERNMENT CODE. CERTIFICATION I certify that the above notice was posted at the Town Hall of the Town of Westlake, 3 Village Circle, Westlake, Texas, on October 16, 2013, by 5 :00 p.m. under the Open Meetings Act, Chapter 551 of the Texas Government Code. _____________________________________ Kelly Edwards, Secretary If you plan to attend this public meeting and have a disability that requires special needs, please advise the Town Secretary 48 hours in advance at 817-490-5710 and reasonable accommodations will be made to assist you. TSHA Min 07/01/13 Page 1 of 3 MINUTES OF THE BOARD OF DIRECTORS OF THE TEXAS STUDENT HOUSING AUTHORITY (AN INSTRUMENTALITY OF THE TOWN OF WESTLAKE) 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, AUSTIN 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 2 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 AND CONSIDER THE OVERSIGHT FEE TO THE TOWN OF WESTLAKE. Discussion ensued regarding the total amount paid to the town to date of $450,000.00. No action taken. 4. 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(a)(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 6. TAKE ANY ACTION, IF NEEDED, FROM EXECUTIVE 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 3 of 3 8. 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 BOARD OF DIRECTORS ON ___________, 2013. __________________________________ Jim Carter, President ATTEST _______________________________ Kelly Edwards, Secretary TSHA Min 07/09/13 Page 1 of 2 MINUTES OF THE BOARD OF DIRECTORS OF THE TEXAS STUDENT HOUSING AUTHORITY (AN INSTRUMENTALITY OF THE TOWN OF WESTLAKE) July 9, 2013 PRESENT: Directors, Scott Bradley, George Ledak and Gregg Malone. ABSENT: President Jim Carter OTHERS PRESENT: Executive Director Pete Ehrenberg and Secretary Kelly Edwards. 1. CALL TO ORDER Director Bradley called the meeting to order at 6:03 p.m. 2. DISCUSSION AND CONSIDERATION AUTHORIZING THE EXECUTIVE DIRECTOR TO PURSUE ADDITIONAL LITIGATION OPTIONS REGARDING TEXAS STUDENT HOUSING AUTHORITY v. BRAZOS COUNTY APPRAISAL DISTRICT AND APPRAISAL REVIEW BOARD FOR BRAZOS COUNTY APPRAISAL DISTRICT. Director Ehrenberg provided an overview of options asking for a review of the appellate court or file with Texas Supreme Court. After discussions with a consulting law firm, attorney Jim Morris recommends that we proceed directly to the Supreme Court with the case. Director Ehrenberg also provided an overview of the possible actions that the court may take and the associated time frames for those actions. Discussion ensued regarding the options for bond holders, how to proceed with the scholarships, legal fees, and scheduling a conference call with the bond holder and attorneys. MOTION: Director Ledak made a motion to authorize the Executive Director to instruct the attorneys to file an appeal with the Texas Supreme Court and to sign the engagement letter with Baker Botts, L.L.P. Director Malone seconded the motion. The motion carried by a vote of 3-0. TSHA Min 07/09/13 Page 2 of 2 3. EXECUTIVE DIRECTOR’S REPORT Director Ehrenberg provided an update regarding the Townlake property stating that MuniMae sold the bonds to Merrill Lynch. He has requested that the MuniMae Managing Director, Roxanne Walton, schedule a conference to establish contacts with Merrill Lynch. 4. 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 6:27 p.m. APPROVED BY THE TEXAS STUDENT HOUSING AUTHORITY BOARD OF DIRECTORS ON ___________, 2013. __________________________________ Jim Carter, President ATTEST _______________________________ Kelly Edwards, Secretary 4. DISCUSSION REGARDING PENDING LITIGATION - TEXAS STUDENT HOUSING AUTHORITY v. BRAZOS COUNTY APPRAISAL DISTRICT AND APPRAISAL REVIEW BOARD FOR BRAZOS COUNTY APPRAISAL DISTRICT. Texas Student Housing Authority Item # 4 5. CONSIDERATION AND DISCUSSION REGARDING THE EMPLOYMENT STATUS OF THE EXECUTIVE DIRECTOR’S POSITION. Texas Student Housing Authority Item # 5 Texas Student Housing Authority Item # 6 Executive Director’s Report Texas Student Housing Authority Item # 7 - Adjournment