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HomeMy WebLinkAbout10252022 TSHC Denton Min1 TEXAS —.'A' STUDENT HOUSING MINUTES OF THE MEETING OF THE BOARD OF DIRECTORS OF THE TEXAS STUDENT HOUSING CORPORATION — DENTON PROJECT October 25, 2022 Varispace 2"d Floor Conference Room 1900 W Kirkwood Blvd Southlake, TX 76092 PRESENT: Board members Scott Bradley, Rich Mueller, James Krekow, Katie Kolkmeier and Executive Director Tracy Harrow. Not Present: Mark Harrow and Paula Petersen. 1. CALL TO ORDER. President Bradley called the meeting to order at 6:46 pm. 2. REVIEW AND CONSIDER APPROVAL OF MINUTES FOR THE MEETING HELD AUGUST 17, 2022. DISCUSSION: Director Krekow made a motion to approve the minutes of the meeting held August 17, 2022. Director Mueller seconded the motion. The motion passed unanimously. 3. UPDATE FROM EXECUTIVE DIRECTOR REGARDING RENOVATIONS AT THE RIDGE APARTMENTS. DISCUSSION: Executive Director Harrow shared an update on the renovations at the Ridge Apartments. Director Harrow also presented a proposal for rental rates at the Ridge Apartments for Fall 2023. Director Krekow made a motion to approve the proposed rental rates at The Ridge Apartments. Director Kolkmeier seconded the motion. The motion passed unanimously. 4. EXECUTIVE SESSION. The TSHA Board convened into executive session at 6:19 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 real property: 1) Offers for parcels 107 and 115 pertaining to the Page 1 of 2 TXDOT eminent domain project at The Ridge Apartments, 2) Consultation with attorney whereby the Board seeks advice about deliberations regarding the threatened or pending litigation with University of North Texas, and 3) Consultation with attorney whereby the Board seeks advice on possible arbitration with ACC on alleged funds owed after management departure. 5. RECONVENE MEETING. President Bradley reconvened the meeting at 7:00 pm. 6. TAKE ANY ACTION, IF NEEDED, FROM EXECUTIVE SESSION. DISCUSSION: No action taken. 7. ADJOURNMENT President Bradley adjourned the meeting at 7:01 pm. APPROVED by the Texas Student Housing Corporation — Denton Project Board of Directors on 202.;. ATTEST: Katie Kolkmeier, Secretary -L] Scott Bradley, President Page 2 of 2