HomeMy WebLinkAbout05252021 TSHC Denton Meeting MinutesTEXASIW
STUDENT HousING
MINUTES OF THE MEETING OF
THE BOARD OF DIRECTORS OF THE
TEXAS STUDENT HOUSING CORPORATION — DENTON PROJECT
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 Bradley called the meeting to order at 7:00 pm.
2. REVIEW AND CONSIDER APPROVAL OF MINUTES FOR THE MEETING HELD
APRIL 21, 2021.
DISCUSSION: Director Krekow made a motion to approve the minutes of the meeting
held April 21, 2021. Director Harrow seconded the motion. The motion
passed unanimously.
3. REVIEW AND CONSIDER APPROVAL OF AN AMENDED OPERATING BUDGET,
PREPARED BY REDSTONE RESIDENTIAL, FOR THE RIDGE APARTMENTS FOR
THE FISCAL YEAR ENDING AUGUST 31, 2021.
DISCUSSION: Director Harrow presented the proposed amended operating budget,
for the fiscal year ending August 31, 2021. President Bradley
suggested that the proposed operating budget should include Capital
Expenditures.
Director Mueller made a motion to approve the budget with the
inclusion of Capital Expenditures. Director Harrow seconded the motion.
The
motion carried unanimously.
4. UPDATE FROM EXECUTIVE DIRECTOR ON STORM DAMAGE AND REPAIRS AT
THE RIDGE APARTMENTS.
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DISCUSSION: Director Harrow made a motion to table discussion until the next Board
meeting. Director Krekow seconded the motion. The motion carried
unanimously.
S. EXECUTIVE SESSION
The TSHA Board convened into executive session at 7:06 pm 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 about deliberations regarding
the threatened or pending litigation with the University of North Texas.
6. RECONVENE MEETING.
President Bradley reconvened the meeting at 7:12 pm.
7. TAKE ANY ACTION, IF NEEDED, FROM EXECUTIVE SESSION
DISCUSSION: No action taken.
8. ADJOURNMENT
President Bradley adjourned the meeting at 7:12 pm.
APPROVED by the Texas Student Housing Corporation — Denton Project Board of Directors on
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ATTEST:
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Katie Kolkmeier, Secretary
Scott Bradley, President y
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