Loading...
HomeMy WebLinkAbout03-29-23 TSH Denton AgendarTE-x-As- NOTICE OF MEETING BOARD OF DIRECTORS OF THE TEXAS STUDENT HOUSING CORPORATION — DENTON PROJECT March 29, 2023 6:30 PM Varispace 2"d Floor Conference Room 1900 W. Kirkwood Blvd Southlake, Texas 76092 AGENDA 1. CALL TO ORDER. 2. REVIEW AND CONSIDER APPROVAL OF MINUTES FOR THE MEETING HELD OCTOBER 25, 2022. 3. UPDATE FROM EXECUTIVE DIRECTOR REGARDING RENOVATIONS AT THE RIDGE APARTMENTS. 4. UPDATE FROM EXECUTIVE DIRECTOR ON SCHOLARSHIPS AND OCCUPANCY FOR FALL 2023. 5. CONSIDER AND TAKE ACTION TO APPOINT ANEW SECRETARY OF THE CORPORATION, SUCH APPOINTMENT TO BECOME EFFECTIVE ONLY UPON THE RETIREMENT OF KATIE KOLKMEIER FROM THE BOARD OF DIRECTORS. 6. CONSIDER AND TAKE ACTION TO AUTHORIZE THE PRESIDENT TO (a) NEGOTIATE WITH UNIVERSITY OF NORTH TEXAS TO OBTAIN ITS CONSENT TO THE FINANCIAL RESTRUCTURING FOR THE RIDGE APARTMENTS AS PROPOSED BY THE PRIMARY BONDHOLDER AND (b) ENGAGE BANKRUPTCY COUNSEL TO FILE A CHAPTER 11 BANKRUPTCY PROCEEDING ON BEHALF OF THE CORPORATION IN EVENT THAT THE UNIVERSITY FAILS TO CONSENT UNDER TERMS SATISFACTORY TO THE CORPORATION AND PRIMARY BONDHOLDER. Page 1 of 2 7. EXECUTIVE SESSION. The Board will conduct a closed session pursuant to Texas Government Code, Annotated, Chapter 551, Subchapter D, Section 551.072 for the following: Consultation with attorney whereby the Board seeks advice about deliberation regarding real property: Offers for parcels 107 and 115 pertaining to the TXDOT eminent domain project at The Ridge Apartments. Consultation with attorney whereby the Board seeks advice about deliberations regarding the threatened or pending litigation with University of North Texas. Consultation with attorney whereby the Board seeks advice on possible arbitration with ACC on alleged funds owed after management departure. 8. ADJOURNMENT. ANY ITEM ON THIS POSTED AGENDA COULD BE DISCUSSED IN EXECUTIVE SESSION AS LONG AS IT IS WITHIN ONE OF THE PERMITTED CATEGORIES UNDER SECTIONS 551.071 THROUGH 551.076 AND SECTION 551.087 OF THE TEXAS GOVERNMENT CODE. CERTIFICATION I certify that the above notice was posted at the Town Hall of the Town of Westlake, 1500 Solana Blvd., Building 7, Suite 7100, Westlake, Texas, 76262 on March 22, 2023 by 5:00 p.m. under the Open Meetings Act, Chapter 551 of the Texas Government Code. Amy Piukana, Town Secretary If you plan to attend this public meeting and have a disability that requires special needs, please advise the Authority's Executive Director, Tracy Harrow, 48 hours in advance at 817-946-6997 and reasonable accommodations will be made to assist you, Page 2of2