HomeMy WebLinkAbout01-21-14 TSHA Min T
MINUTES STUDENT '. HousING
THE
BOARD ECT S OF THE
TEXAS STUDENT HOUSING AUTHORITY
(AN INSTRUMENTALITY F THE TOWN OF WEST LAKE)
January 1, 2014
PRESENT: President Jim Carter, Directors, Scott Bradley, and Tracy Schornack.
ABSENT: George Ledak and Gregg Malone.
OTHERS ESE T: Executive Director Pete Ehrenberg and Secretary Kelly Edwards.
. CALL TO ORDER
President Carter called the meeting to order at 6:10 p.m.
2. WELCOME NEW MEMBER LIZ GARVIN.
3. REVIEW AND APPROVE MINUTES FOR THE MEETING CT 22, 2013.
MOTION: Director Bradley made a motion to approve the minutes. Director
Schornack seconded the motion. The motion carried by a vote of
3-0-1. Director Garvin abstained.
4. DISCUSS CONSIDER R VAL OF TSHA, CAMBRIDGE, T LAKE,
AND AUSTIN LL ANNUAL AUDITS FOR FY 2012-2013 PRESENTED BY
PATTILLO ILL, L.L.R.
Mr. John Manning provided an overview of each audit.
Director Schornack made a motion to approve the TSHA audit.
Director Garvin seconded the motion. The motion carried by a
vote of 4-0.
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MOTION: Director Schornack made a motion to approve the Austin Ballpark
audit. Director Bradley seconded the motion. The motion carried
by a vote of 4-0.
Director Schornack made a motion to approve the Town Lake
audit. Director Garvin seconded the motion. The motion carried
by a vote of 4-0.
Discussion ensued regarding the disclosure statement regarding the Westlake and
Brazos County lawsuit.
Director Bradley made a motion to approve the Cambridge audit.
Director Schornack seconded the motion. The motion carried by a
vote of 4-0.
President Carter recessed the meeting at 6:43 p.m.
President Carter reconvened the meeting at 7:00 p.m.
DISCUSSION AND CONSIDERATION AUTHORIZING THE EXECUTIVE
DIRECTOR TO EXECUTE A G EE E T WITH MORRIS SC SC
STAPLETON PC LAW FIRM TO RETAIN . JIM MORRIS AS LEGAL COUNSEL
FOR LITIGATION SERVICES REGARDING TEXAS STUDENT HOUSING
AUTHORITY v. BRAZOS COUNTY APPRAISAL DISTRICT AND APPRAISAL
REVIEW BOARD FOR BRAZOS COUNTY APPRAISAL IST ICT.
Executive Director Ehrenberg provided an overview of the item.
Director Bradley acting as General Counsel recommends that the board continue to use
Mr. Jim Morris as legal counsel for this lawsuit.
MOTION: Director Schornack made a motion to authorize the Executive
Director to execute an agreement. Director Garvin seconded the
motion. The motion carried by a vote of 4-0.
6. DISCUSSION EGA LITIGATION - TEXAS STUDENT
HOUSING AUTHORITY v. BRAZOS COUNTY APPRAISAL DISTRICT AND
APPRAISAL REVIEW BOARD FOR BRAZOS COUNTY APPRAISAL DISTRICT.
Discussion ensued regarding the use of Baker-Botts in conjunction for Attorney Morris'
new law firm.
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7. DISCUSS AND CONSIDER THE L C TO OFFER
FOR THE 2014-2015 SCHOOL YEAR.
Discussion ensued regarding the number of scholarships and the cost per property.
Director Bradley made a motion to authorize the Executive
Director to issue twenty (20) full scholarships. Director Schornack
seconded the motion. The motion carried by a vote of 4-0.
S. EXECUTIVE I ECT REPORT.
Purchase of Bonds at Town Lake from Muni Mae to Bank of America/Merril Lynch, TL
payables, the cost of the scholarships and meal plan at Cambridge, rental rates, Asset
Campus Housing, Ballpark bonds, signed a Forbearance Agreement for an additional six
(6) months allowing TSHA to keep the scholarship program.
9. ADJOURN
President Carter asked for a motion to adjourn.
Director Schornack made a motion to adjourn the meeting. Director
Garvin seconded the motion. The motion carried by a vote of 4-0.
There being no further business before the board, President Carter declared the meeting
adjourned at 7:24 p.m.
THE TEXAS T T HOUSING AUTHORITY A F DIRECTORS ON
JUNE 17, 2Cart r, President
ATTEST
Kellyl-Edwarib, Secretary
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