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HomeMy WebLinkAbout05-25-21 TSH Meeting MinutesTEXAS1* STUDENT HOUSING MINUTES OF THE MEETING OF THE BOARD OF DIRECTORS OF THE TEXAS STUDENT HOUSING AUTHORITY (AN INSTRUMENTALITY OF THE TOWN OF WESTLAKE) May 25, 2021 Varispace Conference Room 1900 W. Kirkwood Blvd Southlake, Texas 76092 PRESENT: Board members Scott Bradley, Rich Mueller, Mark Harrow, James Krekow and Executive Director Tracy Harrow. Not present: Board members Katie Kolkmeier, Paula Petersen, and Randall Quick. 1. CALL TO ORDER. President Scott Bradley called the meeting to order at 6:31 pm. 2. REVIEW AND CONSIDER APPROVAL OF MINUTES FOR THE MEETING HELD APRIL 21, 2021. DISCUSSION: Director Mueller made a motion to approve the minutes of the April 21, 2021 meeting. Director Harrow seconded the motion. The motion carried unanimously. 3. UPDATE FROM EXECUTIVE DIRECTOR ON STORM DAMAGE AND REPAIRS AT THE CAMBRIDGE. DISCUSSION: Director Krekow made a motion to table the discussion until the next Board meeting. Director Mueller seconded the motion. The motion passed unanimously. 4. EXECUTIVE SESSION The TSHA Board convened into executive session at 6:36 pm to conduct a closed session pursuant to Texas Government Code, Annotated, (1) 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; and (2) Chapter 551, Subchapter D, Section 551.072 for the following: Consultation with an attorney where the Board seeks advice on future operations at The Cambridge based upon CBRE's report on the value of the Authority's real estate, and deliberation of the purchase, exchange, lease, or value of real property (The Cambridge). Page 1 of 2 S. RECONVENE MEETING. President Bradley reconvened the meeting at 6:53 pm. 6. TAKE ANY ACTION, IF NEEDED, FROM EXECUTIVE SESSION DISCUSSION: No action taken. 7. ADJOURNMENT President Bradley adjourned the meeting at 6:54pm. APPROVED by the Texas Student Housing Authority Board of Directors on 2021. Scott Bradley, President ATTEST: I�o� Katie Kolkmeier, Secretary Page 2 of 2