HomeMy WebLinkAbout07-02-20 TSHA MinT T R A—�s, IW
�l� T' STUD ]HIousI G
MINUTES OF THE MEETING OF
THE BOARD OF DIRECTORS OF THE
TEXAS STUDENT HOUSING AUTHORITY
(AN INSTRUMENTALITY OF THE TOWN OF WESTLAKE)
July 2, 2020
99 Trophy Club Drive
Trophy Club, TX 76262
PRESENT: Board members Scott Bradley, Mark Harrow, Paula Petersen, Randall
Quick, Katie Kolkmeier, and Executive Director Tracy Harrow. Not
present: Board members Rich Mueller and James Krekow.
1. CALL TO ORDER.
President Bradley called the meeting to order at 6:32 pm.
2. REVIEW AND CONSIDER APPROVAL OF MINUTES FOR THE MEETING HELD
JANUARY 29, 2020.
DISCUSSION: Director Harrow made a motion to approve the minutes of the
January 29, 2020 meeting. Director Quick seconded the motion. The
motion passed unanimously.
3. DISCUSS THE CONSULTANT'S REPORT AND CONSIDER TAKING ACTION FOR
MARKETING AND MANAGEMENT OF THE CAMBRIDGE.
DISCUSSION: Executive Director Harrow presented the report from the consultant,
CBRE, regarding the marketing and management of The Cambridge.
President Scott Bradley made a motion to give authority to Executive
Director Tracy Harrow and President Bradley to use their discretion in
discharging the existing manager of The Cambridge and hiring a
substitute manager. Director Petersen seconded the motion. The
motion passed unanimously.
4. UPDATE FROM EXECUTIVE DIRECTOR HARROW ON THE SCHOLARSHIP COUNT
FOR FALL 2020.
DISCUSSION: Executive Director Harrow updated the Board on the scholarship count
for The Cambridge for Fall 2020. The Cambridge currently has 125
scholarship recipients who have signed leases and an additional 75
scholarships have been offered but not yet accepted. No action taken.
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5. DISCUSS TEXAS A&M UNIVERSITY'S POSITION ON COVID-19 AS IT RELATES
TO STUDENT HOUSING.
DISCUSSION: Executive Director Harrow provided an update on the plan for student
housing at Texas A&M University based on a conversation with their on -
campus housing department. Texas A&M Housing plans to operate
normally with added safety precautions, including increased cleaning
and face coverings in common areas. No action taken.
6. EXECUTIVE SESSION
The TSHA Board convened into executive session at 7:12 pm to conduct a closed session
pursuant to Texas Government Code, Annotated, Chapter 551,
Subchapter D, Section 551.071 for the following: Consultation with an
attorney whereby the Board seeks advice about Bank of New York
litigation.
The TSHA Board remained in executive session to conduct a closed session pursuant to
Texas Government Code, Annotated, Chapter 551, Subchapter D,
Section 551.072 for the following: Consultation with an attorney
whereby the Board seeks advice concerning legal issues involving the
management and funding of The Cambridge.
7. RECONVENE MEETING.
President Bradley reconvened the meeting at 7:16 pm.
S. TAKE ANY ACTION, IF NEEDED, FROM EXECUTIVE SESSION
DISCUSSION: No action taken.
9. ADJOURNMENT
President Bradley adjourned the meeting at 7:17 pm.
APPROVED by the Texas Student Housing Authority Board of Directors on
+ i , 2020.
Scott Bradley, President
ATTEST:
Katie Kolkmeier, Secretary
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