Loading...
HomeMy WebLinkAbout06-26-18 TSHA Min TTR-A- 1W STUDENT HousING MINUTES OF THE MEETING OF THE BOARD OF DIRECTORS OF THE TEXAS STUDENT HOUSING AUTHORITY (AN INSTRUMENTALITY OF THE TOWN OF WESTLAKE) June 26, 2018 99 Trophy Club Drive Trophy Club, TX 76262 PRESENT: Board members Scott Bradley, James I rekow, Randy Quick, Paula Peterson, Mark Harrow, Katie Kolkmeier and Executive Director Tracy Harrow. 1. CALL TO ORDER. President Bradley called the meeting to order at 6:30 pm. 2. REVIEW AND CONSIDER APPROVAL OF MINUTES FOR THE MEETING HELD APRIL 19, 2018. DISCUSSION: Director Quick made a motion to approve the minutes of the April 19, 2018 meeting. Director Krekow seconded the motion. The motion passed unanimously. 3. UPDATE FROM EXECUTIVE DIRECTOR HARROW ON SCHOLARSHIP COUNT FOR THE CAMBRIDGE AND TOWN LAKE. DISCUSSION: Executive Director Harrow shared the latest number of scholarship recipients for the 2018-2019 academic year at The Cambridge and Town Lake properties. The Cambridge currently has one hundred and fifty-two scholarship recipients, with scholarships valued at $448,380.00 and Town Lake currently has forty-four scholarship recipients, with scholarships valued at $116,740. No action taken. Page 1 of 1 4. UPDATE FROM EXECUTIVE DIRECTOR HARROW ON ONGOING ITG LITIGATION. DISCUSSION: Executive Director Harrow stated that depositions are ongoing in the litigation between The Cambridge and ITG, and that a September trial date is anticipated. No action taken. S. DISCUSS AND CONSIDER APPROVAL OF FISCAL YEAR 2019 BUDGET FOR THE CAMBRIDGE. DISCUSSION: The Board discussed the fiscal year 2019 budget for The Cambridge and will request an in-person meeting with Asset Campus to discuss questions regarding the budget before the next Board meeting. No action taken. 6. RECEIVE UPDATE FROM EXECUTIVE DIRECTOR HARROW ON THE CAMBRIDGE ROOF REPLACEMENT. DISCUSSION: Executive Director Harrow stated that the roof replacement project at The Cambridge has begun. It is expected that 80% to 100% of the project will be complete by August 18, which is move-in day on the property. No action taken. 7. ADJOURNMENT President Bradley adjourned the meeting at 7:26 pm. APPROVED by the Texas Student Housing Authority Board of Directors on Au qus+ b , 2018. Scott Bradl y, President ATjjTEST: 1k1 Katie Kolkmeier, Secretary Page 2 of 2