Board of Trustees Meeting Minutes

              CENTRAL MICHIGAN UNIVERSITY
BOARD OF TRUSTEES
March 19-20, 1998
•
Central Michigan Univer sity Board of Trustees
Mt. Pleasant, Michigan
Mar ch 19-20, 1998
Members present: Mr. David A. Brandon, chair; Mr. Jerry D. Campbell; Mrs. Melanie Reinhold Fo ter*;
Mr. Mitchell D. Kehetian; Mr. Roger L. Kesseler; Mr. W. Sidney Smith; Ms. Harriet B. Rotter*;
Dr. Leonard E. Plachta, president.
*Mrs. Foster and Ms. Rotter were not present for the Thursday evening committee meetings.
Members absent: Mr. William T. Johnson .
Also attending: Dr. Richard W. Davenport, provost and vice president for academic affairs; Mr. Kim
Ellertson, treasurer of the board and vice president for business and finance; Mr. Russell L. Herron, secretary
to the board and vice president for university relations.
The meeting was called to order by Chair Brandon at 7:08 p.m. Thursday to conduct the Faculty-Trustees
and Student-Trustees liaison committee meetings.
The meeting reces ed at 9:20 p.m. Thursday and reconvened at 8:35 a.m. Friday.
It was moved by Mr. Kesseler, seconded by Mrs. Foster, and carried, that the Board move into clo ed session
to discuss strategy connected with collective bargaining and to consult with our attorney regarding trategy
in connection with pending litigation.
The Board moved into closed session at 8:35 a.m . and returned to open session at 9:45 a.m.
Committee meetings began at 9:53 a.m.
The Board recessed at 11 :45 a.m. for lunch and reconvened at I :34 p.m.
Public comment related to agenda items; Robert Stecker and Guy Newland, faculty, philo ophy/religion
merger; Michael Stemmeler, faculty, adoption of nondiscrimination policy and nonbargaining compensation.
CONSE T AGENDA;
It was moved by Mr. Kesseler, seconded by Mr. Kehetian, and carried, that all items listed on the consent
agenda be approved and accepted as submitted: minutes of the December 5, 1997, and January 14, 1998,
meetings; gifts/grants; sabbatica l leaves and tenure; public school academy changes .
3760
EMERITUS RANK:
It was moved by Mrs. Foster, seconded by Mr. Kesseler, and carried that the following resolution granting
emeritus rank to James Born, professor, art, be adopted.
WHEREAS, James Born has served in the Department of Art for 29 years, two of those years as
department chair; and
WHEREAS, He has taught theory and techniques of three-dimensional form, design and drawing;
and has made his expertise available to students through field trips to the Detroit Institute of Art and
other cultural centers; and
WHEREAS, He has supported and served professional associations as a representative and as a
liaison; and
WHEREAS, He remains a working artist whose drawings and sculptures are exhibited throughout
the country; Now be it therefore
RESOL YEO, That the Board of Trustees expresses appreciation and gratitude to James E. Born for
his contributions to Central Michigan University and extends Professor Emeritus rank effective
May 16, 1998.
[t was moved by Mr. Kesseler, seconded by Mr. Smith, and carried, that the following resolution granting a
emeritus rank to Henry Han, professor, political science, be adopted. ,.,
WHEREAS, Henry Han has served with distinction in the Department of Political Science for 33
years; and
WHEREAS, He has taught world politics, international relations, and international law to
undergraduate and graduate students; and
WHEREAS, His scholarly efforts have resulted in significant publications on a variety of topics
incl uding terrori sm and political violence, human rights, and the United Nations; and
WHEREAS, He has helped to educate the community about United Nations issues through his work
in creating and directing conferences on United Nations affairs and the model U.N. program; and
WHEREAS, He has provided leadership to the American Society of International Law as a judge
of the organization's moot court competitions; Now be it therefore
RESOL YEO, That the Board of Trustees expresses appreciation and gratitude to Henry H. Han for
his contributions to Central Michigan University and extends Professor Emeritus rank effectIve
May 16, 1998.
3761
Emeritus Rank - continued
It was moved by Mr. Smith, seconded by Mr. Kehetian, and carried, that the following resolution granting
emeritus rank to Dean Kreiner, associate professor, athletics, be adopted.
WHEREAS, Dean Kreiner joined the Department of Athletics in 1970 as an assistant baseball coach,
following a successful teaching and coaching career at Mt. Pleasant High School; and
WHEREAS, In 1985 he became the head coach and during thirteen years at the helm guided the
Chippewas to an overall record of 482-257-4 and a Mid-American Conference mark of257-139-1 ;
and
WHEREAS, His teams have competed in seven CAA regional and won six MAC championships,
as well as two MAC tournament championships; and
WHEREAS, All his teams have compiled winning records with 12 of 13 teams winning 30 or more
games in a single season and the 1987 team set a record of 47 wins; and
WHEREAS, He has been recognized as MAC Coach of the Year six times and Mid-East Coach of
the Year four times; Now be it therefore
RESOL YEO, That the Board of Trustees expresses appreciation and gratitude to Dean T. Kreiner
for his contributions to Central Michigan University and extends Professor Emeritus rank.
COLLEGE OF EXTE DED LEARNING TU1TlON AND FEES:
It was moved by Mr. Kesseler, seconded by Mr. Smith, and carried, that the following resolution be
adopted.
BE IT RESOL YEO, That tuition and fees for the College of Extended Learning are established for
classes ending on or after August 16, 1998:
Extended degree program undergraduate
Extended degree program graduate
Educational certification courses undergraduate
Educational certification courses graduate
Educational/professional development undergraduate
EducationaUprofessional development graduate
Software engineering courses
Learning packages undergraduate
Learning packages graduate
3762
Tuition Per Credit Hour Fees
$158
211
15
187
158
168
295
158
187
COMPENSATION FOR NON BARGAINING EMPLOYEES:
M Campbell, and carried, that the following resolution be
It was moved by Mr. Kesseler, seconded by r.
adopted.
. . h h val of the chair of the Board of Trustees, is
BE IT RESOLVED, That the presl~ent, w~ t e a~Pgr~mplOyeeS for fiscal year 1998-99 on behalf
authorized to adjust compensatIOn lor non argalOl .
of the Board of Trustees with the followmg employees.
Professional! Administrative
Temporary Faculty
COLLECTIVE BARGAINING AGREEMENTS:
1
d d by Mr Smith and carried, that the following resolution be
It was moved by Mr. Kesse er, secon e . ,
adopted.
. 1 f th hair of the Board of Trustees, is
BE IT RESOLVED, That the president, :It~ ~~~ ~:ro~~e~on; ~n behalf of the Board ofTrustees
authorized to ratify and Sign agreements lor - an
with the following bargaining units:
Clerical (UA W)
Broadcasting (NABET)
ANATOMY LABORATORY VENTILATION UPGRADE:
1
ded by Mr Kehetian and carried, that the following resolution be
It was moved by Mr. Kesse er, secon . ,
adopted.
E IT RESOLVED, That the president or his designee is authorized to spend funds not to exceed
B . the venti lation system in the Pearce Hall 135 anatomy laboratory.
$153,000 to Improve
NORTH CAMPUS RESIDENCE HALLS CO NECTlVlTY:
M Campbell, and carried, that the following resolution be
It was moved by Mr. Kesseler, seconded by r.
adopted.
. d t or his designee is authorized to expend up to $450,000 over
BE IT RESOLVED, That the presl en k" th North Campus Residence Hall complex.
fiscal years FY98 and FY99 for networ 109 e
3765
REFINANCING:
It was moved by Mr. Kesseler, seconded by Mr. ampbell, and carried, that the following resolution be
adopted.
WHEREAS, The Central Michigan University Board of Trustees (the "Board") is a constitutional body
corporate established pursuant to Article VIII, Section 6 of the Michigan Constitution of \963 , as amended,
with general supervision of Central Michigan University (the "University") and the control and direction of
all expenditures from the University'S funds; and
WHEREAS, In the exercise of its constitutional duties and in order to properly serve the needs of students
attending the University, the Board has authorized the acquisition, construction, installation and equipping
of the capital improvements described in Exhibit A (the "Projects"); and
WHEREAS, The financing of a portion of the Projects through the issuance of General Revenue Bonds will
serve proper and appropriate public purposes; and
WHEREAS, The Board has previously issued its $38,000,000 General Revenue Bonds, Series 1997 (the
"1997 Bonds"), and it may be appropriate and economic and in the best interests of the University to refund
all or a portion of the outstanding bonds of the 1997 Bonds, as shall be determined by an Authorized Officer
(hereinafter defined) (the portion of the Series 1997 Bonds to be refunded being herein called the "Prior
Bonds"); and
WHEREAS, In the exercise of its constitutional duties, and in order to control and direct prudently
expenditures from the University's funds, the Board determines it is necessary and desirable to authorize the
issuance of General Revenue Bonds (the "Bonds") in order to provide funds which, together with other
available funds, will be used to pay all or part of the costs of the Projects, to pay all or part of the cost of
refunding the Prior Bonds, and to pay costs incidental to the issuance of the Bonds and the refunding; and
WHEREAS, A trust indenture (the "Trust Indenture") must be entered into by and between the Board and
a trustee (the "Trustee") to be designated by an Authorized Officer (hereinafter defined), pursuant to which
the Bonds will be issued and secured; and
WHEREAS, The indentures authorizing certain outstanding General Revenue Bonds of the Board (the
"Outstanding Bonds") create certain conditions for the issuance of General Revenue Bonds on a parity basis
with the Outstanding Bonds; and
WHEREAS, The Vice President for Business and Finance shall, on or prior to the delivery of the Bonds,
certify that the conditions for issuing the Bond, secured on a parity basis by General Revenues with the
Outstanding Bonds have been met; and
WHEREAS, An underwriter or underwriters to be elected by an Authorized Officer (collectively, the
"Underwriter") shall be engaged to undertake preliminary market analysis and to present to the Authorized
Officers a bond purchase agreement (the "Bond Purchase Agreement") setting forth the terms and conditions
upon which the Underwriter will agree to purchase the Bonds and the interest rates thereof and the purchase
price therefor; and
3766
Refinancing - continued
WHEREAS, In order to be able to market the Bonds at the most opportune time, it is necessary for the Board
to authorize the President and the Vice President for Business and Finance (each an "Authorized Officer")
or either of them individually to negotiate, execute and deliver on behalf of the Board the Trust Indenture,
to select the Underwriter, to establish the specific terms of the Bonds and to accept the offer of the
Underwriter to purchase the Bonds, all within the limitations set forth herein; and
WHEREAS, The Board has full power under its constitutional authority for supervision of the University,
and control and direction of expenditures from the University funds, to acquire, construct, furnish and equip
the Projects, to refund the Prior bonds, to pay a portion of the costs of the Projects and the refunding by
issuance of the Bonds, and to pledge General Revenues (as hereinafter defined) for payment of the Bonds;
NOW, THEREFORE, BE IT RESOLVED BY THE CENTRAL MICI-IlGAN UNIVERSITY BOARD OF
TRUSTEES, AS FOLLOWS:
I. The Board hereby authorizes the issuance, execution and delivery of the Bonds of the Board in one
or more series, to be designated GENERAL REVENUE BONDS, SERlES 1998, (with appropriate
additional or alternative series designations) in the aggregate principal amount to be established by
an Authorized Officer, but not to exceed the amount necessary to produce proceeds of $42,000,000,
to be dated as of the date established by an Authorized Officer, to pay a portion of the costs of the
Projects and the costs of refunding the Prior Bonds, as shall be determined by an Authorized Officer,
and to pay costs incidental to the issuance of the Bonds and the refunding, including the cost of bond A
insurance, ifan Authorized Officer determines such in surance to be appropriate. The Bonds shall be .,
serial Bonds or term Bonds, which may be subject to redemption requirements, or both, as shall be
established by an Authorized Officer, but the first maturity shall be not earlier than October I, 1998
and the last maturity shall be not later than October 1, 2028. The Bonds may bear no interest or
interest at stated rates for the respective maturities thereof as shall be established by an Authorized
Officer, but the highest rate of interest for any maturity shall not exceed 5.5% per annum, and the
Bonds may be issued in whole or in part as capital appreciation bonds, which for their term or any part
thereof bear no interest but appreciate in principal amount over time at compounded rates (not in
excess of 5.5% per annum) to be determined by an Authorized Officer. The Bonds may be subject to
redemption prior to maturity at the times and price and in the manner as shall be established by an
Authorized Officer. The average annual principal and interest requirements on the Bonds shall not
exceed $3,200,000. Interest on the Bonds shall be payable at the times as shall be specified by an
Authorized Officer. The Bonds shall be issued in fu lly registered form in denominations, shall be
payable as to principal and interest in the manner, shall be subject to transfer and exchange, and shall
be executed and authenticated, all as shall be provided in the Trust Indenture. The Bonds may be
originally issued in whole or in part in book entry only form. The Bonds shall be sold to the
Underwriter pursuant to the Bond Purchase Agreement for a price to be established by an Authorized
Officer (but the Underwriter's discount, exclusive of original issue discount, shall not exceed 0.8% of
the principal amount thereof) plus accrued interest, i fany, from the dated date of the Bonds to the date
of delivery thereof.
3767 ,
Refinancing - continued
2. The Bonds shall be limited and not general obligations of the Board payable from and secured, on a
parity basis with the Outstanding Bonds, by a first lien on the General Revenues (as shall be defined
in the Trust Indenture in a manner generally consistent with the definition thereof contained in the trust
indentures securing the Outstanding Bonds).
No recourse shall be had for the payment of the principal amount of or interest or premium on the
Bonds or any claim based thereon against the State of Michigan, or any officer or agent thereof or of
the Board or the University, as individuals, either directly or indirectly, nor, except as speci fically
provided in the Trust Indenture, against the Board, nor shall the Bonds and interest with respect thereto
become a lien on or be secured by any property, real, personal or mixed of the State of Michigan or
the Board, other than the General Revenues and the moneys from time to time on deposit in all or part
of the funds established by the Trust Indenture.
Any pledge of General Revenues, and funds specified in the Trust Indenture, if any, shall be va lid and
binding from the date of the issuance and delivery of the Bonds, and all moneys or properties subject
thereto which are thereafter received shall immediately be subject to the lien of the pledge without
physical delivery or further act. The lien of said pledge shall be valid and binding against all parties
(other than the holders of any other bonds, notes or debt obligations secured by a parity first lien on
General Revenues) having a claim in tort, contract or otherwise against the Board, irrespective of
whether such parties have notice of the lien.
3. The right is reserved to issue additional bonds, notes or other obligations payable from and secured
on a parity basis with the Bonds and the Outstanding Bonds from the General Revenues, upon
compliance with the terms and conditions as shall be set forth in the Trust Indenture.
4. Either Authorized Officer is hereby authorized and directed, in the name and on behalf of the Board,
and as its corporate act and deed, to select the Trustee, and to negotiate, execute and deliver the Trust
Indenture. The Trust Indenture may contain such covenants on behalf of the Board and terms as such
officers deem appropriate, including, but not limited to, covenants with respect to the establishment
of General Revenues at levels expressed as a percentage of debt service on the Bonds or all General
Revenue Bonds, and with respect to the issuance of additional bonds, notes or other obligations
payable from and secured by General Revenues. In addition, either Authorized Officer is hereby
authorized, empowered and directed to negotiate, if necessary and expedient for the issuance of the
Bonds, for acquisition of bond insurance and to execute and deliver an insurance commitment or other
documents or instruments required in connection with such insurance.
5. Either Authorized Officer is hereby authorized and directed, in the name and on behalfofthe Board
and as its corporate act and deed, to select the Underwriter and to negotiate, execute and deliver the
Bond Purchase Agreement with the Underwriter setting forth the ternlS of the Bonds and the sale
thereof, all within the limitations set forth herein.
3768
Refinancing - continued
6. Either Authorized Officer is hereby authorized, empowered and directed, in the name and on behalf
of the Board, and as its corporate act and deed, to execute the Bonds by placing his or her facsimile
or manual signature thereon, and to deliver the Bonds to the Underwriter in exchange for the purchase
price thereof, as provided in the Bond Purchase Agreement.
7.
8.
9.
Either Authorized Officer is hereby authorized to cause the preparation of a Preliminary Official
Statement and an Official Statement with respect to the Bonds, and to execute and deliver the Official
Statement. The Underwriter is authorized to circulate and use, in accordance with applicable law, the
Preliminary Official Statement and the Official Statement in connection with the offering, marketing
and sale of the Bonds.
The President, the Vice President for Business and Finance, the Secretary, the University ounsel and
any other appropriate officer of the Board or the University are hercby authorized to perform all acts
and deeds and to execute and deliver for and on behalf of the Board all instruments and documents
required by this resolution, the Trust Indenture, or the Bond Purchase Agreement, or necessary,
expedient and proper in connection with the issuance, sale and delivery of the Bonds, as contemplated
hereby. Any reference to an officer of the Board or the University herein shall include any interim or
acting officer appointed by the Board. Any action required under the Trust Indenture, Bond Purchase
Agreement, or other instrument related to the Bonds may be taken by and on behalf of the Board by
an Authorized Officer.
Either Authorized Officer is hereby authorized to determine which, if any, of the Series 1997 Bonds
are appropriate and economic to be refunded in order to produce the greatest amount of savings for
the University and the most convenient debt service structure, and to execute and deliver, for and on
behalf of the Board, an Escrow Deposit Agreement with an Escrow Agent to be selected by an
Authorized Officer to provide for such refunding, and to cause to be called for redemption such of the
Prior Bonds as are appropriate and consistent with the foregoing objectives.
10. In accordance with the requirements of Rule 15c2-12 of the United States Securities and Exchange
Commission, the Board is required in connection with the issuance of the Bonds to enter into a
Di closure Undertaking for the benefit of the holders and beneficial owners of the Bonds. Either
Authorized Officer is authorized to cause to be prepared and to execute and deliver, on behalf of the
Board, the Undertaking.
II . All resolutions or parts of resolutions or other proceedings of the Board in conflict herewith be and
the same are hereby repealed insofar as such conflict exists.
EXHIBIT A; PROJECTS
Miscellaneous building and site renovations, remodeling and improvements on the Mt. Pleasant campus of
the University, including, but not limited to, roof repairs and replacements, electrical systems repairs and
improvement , mechanical systems repairs and improvements, plumbing repairs and improvements and
3769
..
,
Refinancing - continued
masonry repairs and improvements, at a currently estimated cost, exclusive of bond issuance expense, of
$5,300,000.
COLLEGE OF EXTENDED LEARNING LEASE - DETROIT;
It was moved by Mr. Kesseler, seconded by Mr. Kehetian, and carried, that the following resolution be
adopted.
BE IT RESOLVED, That the president or his designee is authorized to execute a lease with the
Chamber of Commerce for 1,200 sq. ft. of office space on the 19th floor of it building located at
One Woodward Avenue, Detroit. Tenant is to pay utilities.
GOVERNMENTAL RELATIONS LEASE - LA SING;
It was moved by Mr. Kesseler, seconded by Mr. Campbell, and carried, that the following resolution be
adopted.
BE IT RESOLVED, That the president or his designee is authorized to execute a lease for 1,600 sq.
ft. of office space located in the Michigan National Towers building, Lansing.
ESTABLISHMENT OF ENDOWME T FUNDS/SCHOLARSHIPS;
It was moved by Mr. Kesseler, seconded by Mr. Campbell , and carried, that the following resolution be
adopted.
BE IT RESOLVED, That the following endowment funds/scholarships are e tablished and
statements approved for printing:
icholas Cuthbert Biology Scholarship
Established in 1998 in memory ofCMU Professor Emeritus Nicholas Cuthbert. This merit-based
scholarship will be awarded to a signed biology major.
Michael J. Kirkpatrick Leadership Award
Established in 1998 by family and friends in memory of Michael J. Kirkpatrick. It will be awarded
to a CMU student that has demonstrated exemplary leadership skills in college and/or high school,
demonstrated a high level of civic involvement and volunteerism while in college and/or high school
and maintains a high level of involvement with extra-curricular activities at CMU.
3770
Endowments - continued
William H. Rivard Trombone Scholarship
Established in 1998 in honor of CMU Professor Emeritus William H. Rivard. This scholarship is
avai lable to all undergraduate music majors who have maintained high academic standards, made
positive contributions to School of Music ensembles and displayed an enthusiastic attitude toward
studying the trombone.
Ruth M. M. Wesley Scholarship
Established in 1998 by Judith Mynsberge in memory of her aunt, Ruth M. M. Wesley, who
graduated from Central State Teachers College with a lifetime certificate in 1933. This scholarship
is avai lable for students from the Bay County area with financial need who are pursuing a teaching
career.
GIFTS AND GRANTS: CONSE T AGENDA
Gifts were received during the quarter ended December 23, 1997, in the amount of $1 ,014,420.
Grants were awarded during the period November I, 1997 - February 15, 1998, in the amount of
$1 ,325,267.
MERGER OF PHILOSOPHY AND RELIGION DEPARTMENTS:
It was moved by Mr. Kehetian, seconded by Mr. Smith, and carried, that the following resolution be adopted.
BE IT RESOL YEO, That the department of philosophy and the department of religion be merged
into one department and be named the Department of Philosophy and Religion, effective August 16,
1998.
SABBATICALfTENURE: CONSENT AGENDA
Sabbatical Leave:
Leave Pay
Robert Miller F 98 Full
Marketing and Hospitality Services Administration
Tenure:
Effective Fall 1998
Michael Gi lbert, Professor, Educational Administration and Community Leadership
3771
t
J
Report to the Academic and Student Affairs Committee: student marketing plan.
PUBLIC SCHOOL ACADEMIES CHANGES AND RESCISSIONS: CONSENT AGE DA
Dearborn Academy
RECITALS;
I. At its December 6, 1996, meeting this Board authorized the issuance of a Contract to Charter, as a public
school academy, to Dearborn Academy ("Dearborn"). On June II, 1997 the Contract was executed.
2. This Board appointed the initial Board of Directors of the Academy, and has subsequently made changes
in the membership of the Board of Directors of the Academy. The current number of members to the
Board is five (5).
3. The Board of the Academy has, by majority vote, passed a resolution requesting the eMU Board of
Trustees to increase the number of members of its board from five (5) to seven (7).
BE IT RESOL YED That the University President, or his designee, and the designee of Dearborn Academy
are authorized to amend the Contract to Charter to increase the number of members of the Board of Directors
from five (5) to seven (7). This change is effective immediately.
Detroit School of Industrial Arts
RECITALS;
I. At its July 18, 1996, meeting this Board authorized the issuance of a Contract to Charter, as a public
school academy, to Detroit School ofindustrial Arts ("Detroit School of Industrial Arts"). On August
20, 1996, the Contract was executed.
2. This Board appointed the initial Board of Directors of the Academy, and has subsequently made changes
in the membership of the Board of Directors of the Academy. The current number of members to the
Board is nine (9).
3. Jeffery Carless resigned from the Board of Directors of Detroit School of lndustrial Arts effective
December 9, 1996. The vacated position expires August 18, 1999.
4 .The Board of the Academy has, by majority vote of its members, submitted a resolution containing two
nominees for the vacancy. The Uni versity President or his designee has recommended Rita Jo Wright
for appointment to the vacated position.
BE IT RESOL YED Rita Jo Wright is appointed to serve as a member of the Board of Directors of Detroit
School of Industrial Arts commencing the date upon which the Acceplance oj Public Office document and
execution of the Oalh oJOffice are filed with the Central Michigan University Charter Schools Office:
3772
Room and Board . .. - continued
D. University Apartments--Family Housing:** Student Fac/Staff
**
I. Kewadin : includes utilities, cable TV,
telephone
a. One bedroom
b. Two bedroom
c. Three bedroom
2. Northwest: includes utilities, cable TV,
telephone
a. One bedroom
b. Two bedroom
3. Washington and Preston: includes
utilities, cable TV, telephone,
washer/dryer
a. One bedroom
b. Two bedroom
$ 381
417
462
381
417
404
440
$ 451
485
531
451
485
474
508
Rates quoted are per apartment/per month for furnished units. Unfurnished apartments, where
available, are $15 per month less than furnished units.
WARRINER HALL RENOV A TlONIREFURBISHING: (Finance and Personnel Committee)
It was moved by Mr. Kesseler, seconded by Mr. Smith, and carried, that the following resolution be adopted.
BE IT RESOLVED, That the president or his designee is authorized to contract for the renovation
of Warriner auditorium and refurbishing of the second and third noor at a total project cost not
to exceed $920,000. Project to be funded from the capital budget and/or other resources.
DISTANCE-LEARNING BASED DOCTOR OF AUDIOLOGY (AU.D.) PROGRAM: (Finance and
Personnel Committee)
It was moved by Mr. Kesseler, seconded by Ms. Rotter, and carried, that the following resolution be adopted.
BE IT RESOLVED, That the president is authorized to negotiate and sign a contract with the
Henry M. Jackson Foundation to develop a distance-learning based Doctor of Audiology (Au.D.)
program.
3789
PRESlDENT'S SALARY FOR 1998-99: (Finance and Personnel Committee)
It was moved by Mr. Kesseier, seconded by Mr. Smith, and carried, that the following resolution be adopted.
BE IT RESOLVED, That the president's annual salary for the year ending June 30, 1999, is
$182 000 and with this increase goes a vote of confidence from the Board of Trustees present
toda; for his efforts in implementing the vision of the uni versity, " . .. to be the preeminent
university in the MAC."
ESTABLISHMENT OF ENDOWMENT FU DS/SCHOLARSmpS: CONSENT AGENDA
BE IT RESOLVED, That the following endowment funds/scholarships are established and
statements approved for printing:
Kathryn L. Brown Award
Established in 1998, in memory of Kate Brown, for a Hospitality Services Administration major
with at least one full semester remaining before graduation and a minimum 2.5 GPA.
Native American Scholarship
Awards are given each to year to one or more students who, through past activities or educational
aspirations, indicate an interest in the advancement of Native Americans in American society. The
awards are funded through an endowment from licensing fees charged for the use of the CMU
name and symbols.
The Reed Family/Commercial Equipment Company Scholarship
This scholarship, established in 1998 by the Reed Family, will be awarded to a junior or senior
within the College of Business Administration with an overall GPA of3.0 or higher. [t WIll rotate
between accounting and marketing majors.
GlFfS AND GRANTS: CONSENT AGENDA
Gifts were received during the quarter ended March 26, 1998, in the amount of $1, I 04,643.
Grants awarded during the period February IS through March 30, 1998 totaled $627,064. Note
grant in the amount of $278,498.
PROSPECTIVE GRADUATES MAY 1998: CON ENT AGE DA
Approval is granted pending certification of the registrar and acceptance by the academic senate.
3790
Honorary Degrees .. . - continued
BE IT RESOLVED, That the Board of Trustees approves the awarding of honorary degrees at the
May 1998 commencement ceremonies to:
Charles A. Forbes
L. Kimberly Peoples
Doctor of Public Service
Doctor of Education
Report to Academic and Student Affairs Committee: academic budget restructuring.
NAMING OPPORTUNITIES: (Policy and Bylaws Committee)
It was moved by Mr. Smith, seconded by Mr. Kesseler, and carried, that the following resolution be adopted.
RECITALS:
I. The CMU Foundation has been recently established to solicit, receive and administer funds
exclusively for the support of Central Michigan University.
2. The CMU Foundation has established that it will accept primarily ~ndowment gifts of$25,000
or more, and gift annuities of at least $5 ,000.
3. Because the foundation will be presented with significant gifts, some donors may wish to have
their gifts qualify for opportunities for naming of buildings or facilities.
BE IT RESOLVED, That the CMU Board of Trustees wi ll consider gifts to the CMU Foundation
as qualifying a donor for the naming of a building or fac ility at Central Michigan University.
Consideration will be subject to the established CMU Board of Trustees policy for naming
opportunities. The amount of the gift for purposes of applying the policy shall be the amount that
qualifies as a charitable deduction for federal income, gift, or estate tax purposes.
ELECTION OF OFFICERS:
It was moved by Mr. Smith, seconded by Mr. Kesseler, and carried, that the following resolution be adopted.
BE IT RESOLVED, That the fo llowing slate of officers is elected for terms as indicated.
Vice Chair
Secretary
Treasurer
Jerry D. Campbell
Janet M. Wagester
Kim Ellertson
3797
1998-99
1998-99
1998-99 •
Faculty-Trustees Liaison Committee report.
Student-Trustees Liaison Committee report.
President's report.
Public comment not related to agenda items: freedom of speech, open meetings act, tuition/fees, students
as customers, staff termination.
The meeting adjourned at 4: 19 p.m.
Secretary to the Board of Trustees