Board of Trustees Meeting Minutes

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N T R A L M I C H CAN' UNIVER SI TY
BOA ROO P T R U S T 8 E S
July 24. 1987
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Ce nt ral Mi c higan Unive r sity Board of Trus t ees
Mt. Pl easant, Michigan
J u l y 24, 1987
Members present: Dr. Gordon N. !..amble , Chai r ; Dr. Bernadine N.
Denning; \tr. Mitchell D. Kehetlan; Ms . Rachael E. Moreno;
Mr . William C. Odykl rk; Mr s . Allee TomhoulLan; Mr . Arthur E.
El11s, Presl~ent.
Members ahsent: Mr . Raymond A. LaBounty . Mrs . Margaret Ann
RLecker .
Also attending: Ur . Russell L. Herron, Secretary to the Board of
Trustees; \lr . James L. Hill, Vice President for Student Aftairs;
Dr. Janice M. Reynolds, Acting Provost; Mr . Jer r y R. Tubbs,
Teeasurer of the Boa rd of Trustees a nd Vice President tor
BUSiness and Finance .
The meeting was called to order by Chair Lambie at ~:35 a .m.
CLOSED SESS ION :
It was moved by Ms . Rachaot ~oreno, seconded by Wr . William
Odyki r k, and car ried , that the Board of Tr ustees move into closed
sess i on to discuss strategy connected with the negotiation or
col lective bargaining a,reements. Por: Dennin" Kebetlan,
Lambie , Moreno, Odykirk, Tomboulian. Against: None . Absent:
LaBounty , Riecker.
The Boar d moved i nto c l osed session at 9:40 a.m .
The Board reco nve ned in open session at 10:46 a .m.
I t was moved by Ms . Ra chael Moreno , seconded by Dr. Ber nadine
De nni ng , and ca rr ied , t hat t he min ut es of the May 9 , 1987 MM I
annual meeti ng a nd the June 5 , 1987 mee t ing be app roved as
submi t ted .
2368
• • EYER ITUS RANK:
It was moved by Yr . Mitchell Kehetian, seconded by Ms . Rachaet
Uoreno, and carried, that the tollowing resolution granting
emeritus rank to Leo Erickson, Professor / Marketi ng and
Hospitality Services Adminis tration and Coordinator ot Marke ti ng
Services , ~e adopted.
WHEREAS, Leo Erickson has provided outstanding leade r ­ship
to Central Michigan University and the Department
ot Marketing and Hospitality ~prvices Administration
by developing, building and leading the department
during its inception and developing years; and
WtIEREAS, As Coor dinator ot Marketing Services , he has
providod his expertise in developing marketing
programs tor the University; and
'fUEHEAS, He has served as a model of guidance ,
knowledge and integrity to students and colleagues for
the past nine years at C\l U; Now be it therefore
RESOLVED , That the Board ot Trustees, on behalf of the
University c~~m unity, expresses appreciation and
gratitude to Leo Erickson for his contributions to
Cent ral Michigan Unlver~ity and e~tends Professor
Emeritus rank .
It was moved hy Dr. Bernadine Denning , seconded by Mr . William
Odykirk, and carried, that the following resolution granting
emeritus rank to C. Milton Pike, Jr . , Protessor/Counseling,
Educational Adminis tration and Ca.munity LeaderShip, be adopted.
WHEREAS , MUton Pike has devoted thirty-seven years ot
full time service to higher education; and
WHEHEAS, lie has sorvod Central Michigan University as
Oeao of Student Services and as Professor ot
Counseling, Educational Administration and Community
Leadership; and
WH EREAS , He has provided an example ot dedicated
service to students and a commitment to the highest
ideals of his profession; Now be it therefore
2369
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Eaeri tuB Rank con t inued
RESOLVED, That the Board of Trustees, on behalt of
the Unive r sity community , expresses appreciation
and gratitude to C. IHlton Pike , Jr . for his
contributions to Central Michigan University and
extends Professor Emeritus rank.
SPKCIAL RKSqLUT IONS:
It wa s moved by Ms . Rachael Moreno, seconded by Dr. Be rnadine
Denning , and carried , that the tollowing resolution be adopted.
WHEREAS , The Ce n t ral lItchigan University baseball team
comp iled a r eco rd 01 forty wins and fifteen losses;
aod
WHEREAS, The Chippewas won their fou r th s traigh t Mid­American
Conference title, thoreby becoming the
Conference's r epresentative in the NCAA chaopionship
tournament; and
WHEREAS, The team's success provided the ent1re campus
with months of excitement and pr ide and brought
considerable public recognitiun to Central Wichigan
University; and
WHEREAS , The team's demeanor, conduct and skill , along
with the positive public posture of the entire
coaching staft and the active participation tor the
third st raight year ot Conference Coach ot the Year
Dean Kreiner , were a positive reflection on this
unlversity; Now be it therefore
RESOLVED, That the Board of Trustees of Central
Michigan University offe r s its CODgratulati o ns t o
Coach Kreiner, his entire staff and the Chippewas on a
highly successful season and a job well done .
It was moved by Nr . William Odykirk , seconded by Ms. Rachael
Moreno , an,t carried, thlLt the tollowing resolution be adopted .
WHEREAS, The Central MichigAn University soltball team
comple ted an outsta nding season; and
2370
Special Resolutions continued
WHEREAS, The team successfully won the Mid-American
Conference, winning the championship with thirty-seven
wirl s and fourteen l osses; and
WHEREAS, The Chippewas made it to the final eight and
tied f or tifth in the nation at the NCAA College
Soft ba l l ' orld Se rles; and
WHEREAS , The team' s s uccess prov ided the enti re campus
wi th mo nths of exc itement a nd pride and brought
nat i onal recognitlon t o Central Michigan UniverSity;
aod
WHEREAS , The team, Coa ch Margo Jonke r and the e ntire
coaching s taff have provided a season o f pride,
excellence and skill, enhanc ing the image at the
Uni versity; Now be it therefore
RESOLVED , That the Board o f Trustees of Central
Michigan Unive r s ity o ff e rs its congratulations to
Coach Jonker, her s t af f a nd the Chippewas on a highly
s uccessfu l sea son and a job we ll done.
INTERNAL AUDIT REVIEW: (Pina nce Commi t tee)
Mr. William Odykirk, chair of the Finance Committee, reported
tha t the committee met in closed sess ion with the Internal
Audi t o r to review audits pe r fo rmed and in prog r e s s .
REFINANCING PACKAGE: (Finance Cocaittee)
It was moved by Mr . William Odykirk, seconded by Ms . Rachael
Mor e no , and carried, that the following resolution he adopted.
WHEREAS, The Central Michigan Unive r sity Board of
Tru~tees ( the "Board") is a constitutional body
corporate established pursuant to Article VIII,
Section 6 or the Michigan Constitution of 1963, as
amended, with general supervision of Central Michigan
University (the "University") and the c ontro l and
direction of all expenditures from the University's
funds; and
2371
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Refina ncing Package cont inued
'MHEREAS, The Board has iasued certain prior obliga­tions
listed on Exhibit A attached to thIs Resolution
for the Purl)ose ot constructing various capital
projects of the University (the ~Prior Bonds") and
WHEREAS, In order to restructure the indebtedness
represented by the Prior Bonds, to achieve l e vel debt
service and to release the Board from the restrictive
and burdensome terms of the resolutions or indentures
governing the Prior BondS, it is necessary to refund
the Prio r Bonds by the issuance and delivery of
General Revenue Bonds, Series 1987 (the "Bonds") for
such purpose; and
WHEREAS, The Board proposes to undertake some or all
of the projects listed on Exhibit S , attached hereto
and made a part hereof (the "Projects"); and
WHEREAS, In the exercise of its constitutional duties,
and in order to control and direct prudently expendi­tures
f r om the University's funds, the Board
determines it is necessary and des irable to authorize
the issuance of the Bonds 1n ordor to provide funds
which, together with other available funds, wtll be
used to pay a po r tion of the costs of the Projects, to
fund a debt service reserve tund, if any is required
for the Bonds, to pay capitalized interest on the
Bonds , if necessary , and to pay costs ot issuance of
the Bonds; and
WHEREAS , A trust indenture (the "Trust Indenture")
must be entered into by and bet~een the Board and a
trustee to be designated by the Authorized Officers
(he r etnafter defined) (the "Trustee") , pu r suant to
which the Bonds will be issued and secured; and
WHEREAS , John Nuveen I Co. Incorporated aDd First of
Michigan Co r po r at i on (the "Under write rs") have been
engaged to undertake p reliminary ma r ket analysiS and
to presen t to t he Aut ho r ized Off icers a bo nd pur chase
agreemen t (t he " Bo nd Purchase Ag r eement") setting
for t h the terms and cond i tions upon wh ich the
Under writers will ag ree to purchase the Bonds and the
interest rates the reof and the pu rchase pr ice
therefor; and
2372
Retinancinl Packalo conti nued
WHEREAS, In o rd e r to be able to markot the Bonds at
the most opportune tlme, it is necossa ry for the Board
to authorize the President and the Vice President t o r
Business and Pinance or eithe r of them individually
(the ftAuthorized Officers ft ) to negotlate, execute ~nd
deliver on behalf or the Board the Trust Indenture, to
establish the specltic terms o f the Bonds and to
accept the or fer of the Underwri ters to purchase the
Bonds , all within the limitations set forth hereln;
aod
WHEREAS, The tinancing of the Projects and the
refund ing of the Prior Bonds will servo} proper and
appropriate public purposes; and
WHEREAS, The Board has full power under its constitu­tional
authority and supervislon of the University,
and control and direction of expenditures (rom the
University funds, to construct the Projects, to refund
the Prior Bonds, to pay the cost or the acquisition,
construction and lnstallation of the Projects by
issuance or the Bonds, and to pledge General Revenues
(as her l nafter defined) for pay~ent of the Bonds:
NOW, TH~REFORE , BE IT RESOLVED BY THE CENTRAL YICHIGAN
UNIVERSITY BOARD OF TRUSTEES, AS FOLLOWS:
1. The Board hereby autho ri zas the lssuance, eU!lcu­tion
and dellvery or the Bonds of the Board to be
designated GENERAL REVENUE BONDS, SER IES 1987 , in
the aggrelate prlncipal amount to be established
by the Autho ri zed Officers , or either of them,
but not to exceed the amount necessary to produce
proceeds of $50,000,000, to be dated as of the
date e$t~b lished by th e Authorized Officers, or
either of them, to pay a portion of the costs of
the Projects, as shall be determined by either of
the Authorized Oftl cers , to pay part or all ot
the cost ot refunding the Prior Bonds , to fund
all or part of the interest to acc rue on the
Bonds from the date of deliver y thereof to a date
to be determined by the Authorized Officers , or
ei ther of them, to fund a debt service reserve
fund if the Authorized Officers, or either of
them , determi ne that such reserve fund is
necessary, and to pay costs incidental to the
issuance of the Bonds and to t he refunding ot the
2373
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Re fio.oci ol Packale conti nued
Prior Bonds . The Board may use the reserves
established for the Prior Bonds for the refunding
o f the Prior Bonds or to establish reserves or
fund balances for the University, or to pay part
of the costs of the Project, or for such other
purposes as the Autho r ized Officers or either at
them shall dete r mine to be In the best inte rests
of the University . The Bonds shall be serIal
Bonds or term Bonds subject to redemptlon
requirements , or both, as shall be established by
the Authorized Officers, or either of them, but
the first maturity shall be not earlier than
January 1, 1988 and the last maturity shall be
not late r than January 1, 2017. The Bonds may
bear no interest or interest at stated rates for
the res pective maturities thereof as shall be
establlshert hy the Authorized Officers, or either
of them , but the highest rate of interest for any
matu r ity shall not exceed 9~ per annum, and the
Bonds may be issued in whole or in part as
capital al)preclation bonds, which for their term
or any part thereof bear no interest but
appreciate in principal amount over time It
compounded rate (not in excess ot 9'.' per annum)
to be determined hy the Authori zed Officers or
either of them . The Bonds may be subject to
redemption prIor to maturity at the times and
price and in the ma nner as s'\a11 he established
by the Authorized Officers or either of them .
The maximum annual pri ncipal and interest
requi r ements on the Bonds shall not excped
$01,000,000. Interest on the Bonds shall bo
payable a t the times as shall be spec it led by the
Autho r ized Officers or either of them . The Bonds
shall be issued in fully registered form in
denominations , shall be payable as to principal
and interest in the manner, shall be subject to
t r ansfer and exchange, a nd shall be executed and
authe nticated , all as shall he provided in the
Trust Indenture. The Bond shal l be so ld to the
Underwriter pu r suant to the Bond Pu rchase
Agreement fo r a pr ice to be established by the
Authorized Office rs or either ot them (but the
Underwriter's discount, exclusive of orlinal
issue discount , shall not exceed 2' of the
pr i ncipal amount thereof) plus accrued interest,
if any, trom the dated date of the Bonds to the
date of delivery thereof .
2374
Refinanciog Package continued
2. The Bonds s hall be limited and not general
obligations o f the Boa rd payable from and secu red
by a tirst lien on the General Revenues Cas s hall
be detined ge ne rally in the Trust Inden ture to
mean all t ees , deposits, charges, receipts and
in come tram all or any part ot the s t ude nt ~ o t
the Univers ity , wh e ther activi ty tees , tuition,
instructional fees, tu iti on su r charges , general
t ees, health t ees or other special purpose tees;
all gross lncome, r evenues and receipts trom the
o pe r a tion , o wn~rs hi p and c ont r o l at the housing
and auxiliary system ot the Unive r si ty ; such
investment income and proceeds ot bonds or other
obligations as the Indenture shall specity; and
a l l gran t s, gifts, donations and pledges and
r eceipt s theref rom; but excludi ng appropriations
t rom the State Leg i slature , the Energy Pee a nd
any deposits or c ont racts required by law to be
he ld 1n esc r o"'.)
Exce pt a s provided in the Trust Inden ture no
r e cour se shall be had t or the payment ot the
pr ' i pal amount ot or interest or pr emium on the
Bt ~ or any claim based th e r eon against the
State ot Mi c higan , the Boa rd or any o ffi cer or
a gent thereo t, as indiv i duals, either directly o r
indirec tly nor s hall the Bonds and interest with
respect th e r e t o become a lien on or be secured by
any property , real, personal or mi xed of the
State of Mi chigan or the Board, o ther than the
Ge ne ral Re ve nues and the moneys trom time to time
on depos it in the funds established by t he Trust
Ind e nture .
Any pledge of Ge neral Reve nues, deb t se rvice
r eserves, and other tunds specitied in the Trust
Ind e nt ure, it any , shall be valid and hinding
trom the date of the issuance and delive ry of the
Bonds , and all moneys or properties subj ect
the reto which arc thereatter rec e i ved shall
i mmedia tely be subjec t to the lien of the pledge
without physical delivery or further ac t. The
lien of said pl edge s hall be valid and binding
against a l l parties (ot he r than t he holde r s of
any o th e r bonds , notes or debt obligatio ns
s ecured by a parity first li en on General
2375
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Refina ncing Package continued
Revenues ) havi ng a claim in tort, contract or
otherwise against the Board , i rrespective of
whether s uch parties have notice of the lien .
3. The right is reserved to i ssue additiona l bonds,
notes or o ther obl i gations payable trom and
secured on a pa r ity basis with the Bonds from the
General Revenues, upon compl iance with the terms
and conditions as shall be set forth in the Trust
Indentur e.
4. The Authorized Officers , and e ither ot them , are
hereby authorized and direc ted, i n the name and
on behal f at the Board, and as i ts co r porate act
and deed , to select the Trustee, a nd to negot i­ate,
execute and deliver the Trust Indenture.
The Trust Indenture may contain such covenants on
behalt of the Board and terms as such officers
deem appropriate, including, but not l imited to,
covenants with r espect to the establishment ot
Genera l Revenues at levels e~ pressed as a
percentage ot debt serv ice on the Bonds or all
general revenue bo nds, and with r espect to the
issuance of addit i onal honds, no tes or o th e r
obligations payable trom and secured by Genera l
Revenues . In addition, the Au tho ri zed Ott i cer s,
and either of them, are hereby authorized ,
empowered and directed to negotiate, if necessary
and expedient tor t he issuance of the Bonds , tor
ac quis ition ot insurance, letter of c redit,
surety bond or other c r edit tac i lity in lieu of
funding a debt ser vice reserve fund with cash ,
and to execute and deliver a r e i mbursement
agreement or other documents or instruments
required to provide for repayment of the provider
ot such credit tacility, such repayment to be
secured by a nd payable trom General Revenues.
5 . The Authorized Otticers, and either at them, are
hereby authorized and directed, in the name and
on behalf of the Board and as its corporate act
and deed , to negotiate, execute and deliver the
Bond Purchase Agreoment with the Underwriters
se tting t orth the terms ot the Bonds and the sale
thereof, all within the limitations set torth
he r ei n.
2376
Refinancing Package continued
6. The Authorized Office r s , and eithe r of them , are
hereby authorized , empowered and directed , in the
name and on behalf of t he Board, and as its
corporate act and deed, to execute tho Bonds by
placing his or their facsimile signature or
signatures thereon , and to deliver the Bond s to
the Unde rwrit e r s in exchange for the purchase
price thereof, as provided in the Bond Purchase
Agreement.
7. The Authorized Offi cer s, or e ither of them, are
he r eby authorized to negotiate, execute and
delive r on behalf n f the Hoa rd an escrow deposit
agreement or agreements, ~ith an escrow trustee
to be selected by the Vice Pr esident for Business
and Pi nance providing for the reCunding and
payment of all or part of the Prior Bonds .
8 . The Authorized Officers, or either of them, a re
hereby authorized to cause the pr epa rat i on of a
Pre11minary Offi cial Statement and an Official
Statement with respect to the Bonds , and to
execute a nd del i ver the Off i c i al Statement. The
Und e rwriters are auth or i z~d to ci r culate and use ,
in accordance with applicable law, the
Preliminary Off icial Statement and the Official
Statement in connection with the offerlng,
marketi ng and sale of the Bonds.
9. The President, the Vice President for Busi ness
and Pinance , the Sec retary and any other
app r opriate off i ce r of t he Board or th~
Univer sity are hereby authorized to perform all
acts and deeds a nd to execute a nd deliver all
instruments and documents for and on behalf of
the Universi ty ruqutred by this resolution, the
Trust Indenture, or the Bond Purchase Agreement,
or necessary , expedient and prope r tn connec ti on
.lth the iS81111.nce , s ale and delivery of the
Bonds, as contemplated hereby.
10. All resolutions or parts o f resolutions or o ther
proceedings of the Board in conf lict herewith be
and the same a re hereby r e pealed insofar as such
conflict ex i sts .
2377
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SOCIAL SCIENCE COMPUTER LAB AWD OPEN LAB FOR GENERAL USE:
(Pinance eo..1tte)
It was moved by Mr. WilliaM Odyki r k , seconded by ~rs . Alice
Tomboulian, a nd carr ied, that the follo.ing resolution be
adopted .
BE IT RESOLVED, That contrac ting authority for the pur­chase
of 31 ISW mic r ocomputers be granted to the
Pr esident or his designee for an amount not to exceed
$100 , 000 .
GENERAL FUND BUDGET , 1987-88 : (Piaa nce C~lttee)
I t was moved by Mr . William Odykirk, seconded by Ms . Rachael
~oreno, and ca rried, that the following r esol uti on be adopted.
BB IT RESOLVED , That the Board ot Trustees adopts the
General Pund Budget for the 1987-88 fiscal year as
presented . Cont racting a uthority for Maintenance,
Renovation, Refurbishing and EQUipment projects
exceeding $50 ,000 Is hereby granted as outlined in
Appendixes A and C of the General Fund Budget . The
Prosidont and the President' s dos i i!: noos are dolegatod
autho rity to expend fu nd s as approved in the General
Pund Budget and also to transfer f rom or to accounts
in the General Pund Budget and other funds of the
University. (Copy on file in the Of rice of the
Secretary . )
RESIDENCES AND AUXILIARY SERVICES 8UDGET , 1987 88 (Pinance Com)
It was moved by Mr. William Qdykirk , seconded by Mrs . Alice
T~boulia n, and carried, that the following resolut i on be
adopted •
BE IT RESOLVED , That the 1987-88 proposed budget tor
Residences and Auxiliary Services is approved . The
Pr esident a nd the Pr esiden t's designees are authori zed
t hro ugh Ju ne 30 , 1988 to expend f unds in connection
with Residences and Auxiliary Services within the
revenues received trom thIs opera tion . Contract ing
authority for Maintenance, Renovation, Re fu r bishing
and Equipment projects exceeding $50,000 is hereby
granted as outlined on pages 12 and 13 of the Resi­dences
a nd Auxiliary Ser v i ces Budget for 1987-88.
(Copy on file in the Office of the Sec r eta r y . )
2378
KXTENDED LEARNING BUDGET, 1987- 88: (Pi nance Commi ttee)
It was moved by Mr . William Odykirk , seconded by Dr . Bernadine
Do nni ng , and carried, t hat the following r esolut i on be adopted.
BE IT RESOLVED, That the proposed 1987-88 budget for
E;Iltended Lea rning i8 r eceiverl. The President and the
President 's designees are authorized through June 30 ,
1988 to expend funds in connection with Ex tended
Learning withi n the revenues r eceived from this
operation . (Copy on tile in the Office ot the
Secretary . )
UNIVERSITY PARK : POLI CY FOR SALK OR LEASE OF LAND: (Pin Com)
It wa s moved by Mr. Will i am Odykirk, seconded by Ms . Rachael
Noreno, and car r ied , that the tollowing r esol ution be adopted .
BE IT RESOLVED, That tho s ale or lease or land l ocated
in Un ivers i ty Park, Phasos I and I I, shall be gover ned
by the tollowing guidelinos:
1. Land located in Unive r sity Pa r k Phase I is avaUa­ble
by loase only. The l ease value ot la nd can be
negotiated; however, no lease can be sig ned
without the approval a t te rms by the Boa rd ot
Trus tees .
2 . Land l ocated in University Park Phase II is
available by lease or pu r chase . I t land is to hH
pu rchased, no sale will be approved i t the parcel
is less than 15 acres . No sale of land can be
made except by action of the Board ot Tr ustees .
The lease value of tho land can be negotiated;
however, no lease can be signed without the
app roval ot terms by the Board of Trusteos .
A map ot Unive r sity Pa rk indicati ng Phase I and Phase
1 I 1s attached .
UNIVERSITY PARK : SALE OP LAND TO CME CORPORATION: (Pin Coe)
It was moved by Mr. William Odyk1rk, seconded by Ys. Rachael
Mo r e no , and carri ed , that the tollowing resolution be adopted .
2379
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Unive r si ty Park: Sale ot Land •• • continued
BE IT RESOLVED , That the Pres id ent or his designee is
authorlZA~ to sell appr oximate ly 20 acres ot land
located i n Unive r s ity Park , Phase II, to OlE
Co r poration fo r $60 , 000 . The legal description ot
the land Is as tollows:
A parcel ot land being a part of the Southeast 1/4 ot
Section 27, T.14N . _R . 4W., Ctty ot Mt. Plea sant ,
Isabella County, Michigan deseribed as: Commencing
at the Southeast corne r of said Section 27; thence
S. 88°58 '47 " W., 461.00' along the South line of
Section 27; thence N. OloOl '13"' ., 33 . 00' t o the north
RI' line ot Deert ield Road which is the POINT Of
BEGINNING; Thence S. 88°58'47"I ., 99 1. 04' al o ng sald
north R/' line; thence N. OPOl'13"W., 725 . 05'; thence
N. 52°36 ' 55"E., 511.54 ' ; th e nce S. 64°00'43" E., 650. 00'
parallel with the centerline of the Railroad; thence
S. 01001'13"E . , 733 . 18 ' to the POINT Of BEG INNING,
containlnB 20 . 00 acres and subject to r est rictions,
r eservations , rights-ot_way and easements ot record.
It was moved by Mr. William Odyklrk, seconded by Or. Bernadine
Denning , a nd carried, that the following resolution be adopted .
BE IT RESOLVED, That the Pres id ent or his designee has
the authority to enter into an agreement with Fi rst
of American Bank, Nt. Pl easant, tor a lettp.r of
c r edit in the amount ot $557 , 016 . 00 to mee t the terms
ot the participation agreement between the University
and the ~ichigan Higher Education Group Insurance and
Risk Management Pacility .
REPORT 01" INVgsTMENT ACT IV ITY: (Fioaace C~ittee)
The Board r ecei ved reports of inves tment ac t ivities tor May and
June 1987.
2380
ACADEMIC APFAIRS COMMITTEB:
Mrs. Allce Tomboullan, Chair ot the Academic Aftairs Committee
reported that Dr. John Yantis, dean/School of E~tended Learning
presented a report on summer Bchool , and that Dr. Janice
Reynolds , acting provost, discussed academic priorities for 1987-
88, including a multi-cultural center .
CREATION OP VICE PRESIDENCY: ( Academic Aftairs Committee)
Mrs . Alice Tombaul!an , Chair of the AcademIc Affairs CommIttee,
reported that the committee lDet yesterday with President BIll.'!
and the Faculty-Trustees LIatson Committee to discuss the
c reation ot a vice presidency for administrat i on. President
Ellis detailed the need tor the position and the portfolio to be
assigned to it. ~rs. Tomboullan said:
I thiDk there is little doubt ot the need tor this vice
presidency . CMU has operated for a numbe~ of years
with only three vice p~esidents--an amazinsly lo~
Dumber for an institution ot this size and
complex! ty .
President Ellis has dIscussed the c ~eatlon or the
vice presidency with the Academic Sena te Executive
Boar d . Barb Dixon, the Senate Chairperson, told us
yesterday that the Executive Committee has no opposi­tion
to the creation of this vice presidency o~ to
the appointment of Edward G~ant as vice president on
an interim basis . We have also discussed the neerl to
review the rather ancient process by which major
officer s are selec ted. But that is not a matter to
discuss he re or now .
It was moved by ~rs . Alice Tomboulian, seconded by Mr . William
Odykirk , and car ried , that the following resolutioD be adopted .
BE IT RESOLVED , That the poSition of Vice President for
Administration is he r eby establi shed; and
BE IT FURTHER RESOLVED, That Edwa rd B. Grant he
appointed Interim Vice President tor AdmLnistration,
eflective August I, 1987 .
2381
• •
• •
• •
PRESI DENTIAL SEARCR ADVERT IS EMENT : ( Assess and Development Com)
It was moved by Ms. Rachael Moreno, seconded by Mr. Uitchell
Kehetian, and carried , that the presidential search advertise-ampepnrto
vaesd refvoire wpeladc ebmy entht e in: "i~~~t~,~a~'~~~f;~~~c~omo~lttoe be
September 2 and 9 , 1987 .
in the Orfice ot the Secretary . )
rile
JOHN B. SLATER MEMORIAL SCHOLARSHI P: (S tuden t A~ f a i r s Com.ittee)
It was moved by Nr . Wiiliam Odykirk , seconded by ~s . Rachael
~oreno, and carried , that the following resolution be adopted .
BE IT RESOLVED , Tllat the John B. Slater Memorial Scholar­Ship
1s established and that the following statement is
approved tor printing in the University Bulletin:
John B. Slater Memorial Scbolarshlp
Established by John B. Slater , to~mer CMU professo~
emeritus , Industrial and Engineering Technology,
th~ough an estate girt . Endowment earnings will be
awarded to a CMU Industrial and Engineering Technology
Junior o r senior student .
LAPEER COUNTY PRESS ACADEMIC SCHOLARSHIP IN JOURNALISM: (S tud ent
Affairs Committee)
It was moved by Ms . Rachaet Moreno, seconded by Mr . Witchell
KehetiB.n, and carried, thAt the following resolution be adopted.
BE IT RESOLVED , That the Lapeer County Press Academic
Scholarship in Journalism is established and that the
rollowlng statement is app r oved tor p~inting in the
~lversity Bulletin:
~er Coun ty Press Acada.ic Scholarship in Jou r nalism
The Lapeer County Pr ess Academic Scholarship in
Journalism was establlshed in 1987 through a gitt from
The County Press ot Lapeer, Michigan . Endowment
ea rnings will provlde annual scholarships to Lapeer
County residents who pursue jou~naiism programs at CMU .
2382
GIFT STRUCTURE FOR MAMBO FUNDS: (Student Affairs Committee)
It was moved by Mrs. Alice Tombaul!an , seconded by Mr . Mitchell
Kehetlan, and car r ied, that tho 10110w10g gitt structure be
established.
$ 1 , 000
$ 1,000
$10,000
$ 2,500
Ha_ad annual SC hOlar8hi~
ProvLdes an annual scho arshlp to a student
enrolled at Central Michigan University.
enrolled at Cent ra l
Michigan University to handle tinaneial
emergencies or meet tinanelal deadlines .
H_od e ndowed scbolarship
Provides an angolng annual scholarship to a
student enrolled at Central Michigan University .
"_ad endowed book fund
Provides an annual stipend to the Central Michigan
University libraries to procure books or
periodicals .
• ��
525, 000 " .. ed endowed lectureship •
ProvIdes an an nual stIpenrl to host a guest • lecturer for a Centr al Michlgan Unlve rslty
audlence .
PKRSOHlfBL:
It was lDoved by Ms. Rachael Moreno, second ed by Mrs. Allce
Tomboullan, and carr led , that personnel recommendations as
submitted on pages 1-19 of the agenda be approved .
GIFTS:
It was moved by Dr . Bernadi ne Denning, seconded by Ms . Rachael
Mo reno, and car ri ed , that gitts received during May 1987 in the
amount of $159,790.45 be accepted with appreciation .
2383 • •
GRANTS:
It was moved by Dr . Bernadi ne Denning , seconded by Ms . Rachael
Woreno, and carried that g rants awarded during May and June 1987
in the amount of $201 , 978 be accepted .
OTHER/NR' BUSI NESS:
It was moved by Ws . Rachael Moreno, seconded by Dr . Bernadine
Denning , and carried, that the following r esolution be adopted.
WHEREAS, The Board of Trustees must rely on its Secretary
to the Board and the staff of that office; and
lfHEI{EAS, Mr. Russell Herron, Ids. Marykaye Murphy and
Ms. Sue Frost have provided volumes of timely and
appropriate mater ials of high quality; and
IHEREAS, Their demeanor, sensitivity, good humor and
interpersonal skills have made our job easier du r ing
the 1986-87 academic year and helped to enhance our
image; Now be it therefore
RESOLVED, That the Bol\rd hereby r ecognizes 'Jr. Russell
Herron, Ys. ~arykaye Murphy and Ms. Sue Prost for t heir
excellen t Support and assistance; and
BE IT PURTHER RESOLVED, Thllt we extend our appreciation
and gratitude .
The meeting was adjourned at 11:43 a .m.
Sec retary to the Board of Trustees
2384