January 29 , 2004, Columbia, Missouri

Open Meetings

Board of Curators Coffee with President Floyd

9:15 – 10:00 A.M., T. O. Wright Room 204, Reynolds Alumni Center, University of Missouri-Columbia campus

• Attending: All nine members of the Board of Curators, President Floyd, Student Representative Gebhardt, Secretary Miller
• No action was taken by the Board of Curators.

Small Leadership Conference

10:00 A.M. – 12:00 P.M., Donrey Room 211, Reynolds Alumni Center, University of Missouri-Columbia campus

Present

• The Honorable Thomas E. Atkins, Curator
• The Honorable Angela M. Bennett, J.D., Curator
• The Honorable Marion H. Cairns, Curator
• The Honorable Mary L. James, Curator
• The Honorable M. Sean McGinnis, Curator
• The Honorable Anne C. Ream, O.D., Curator
• The Honorable Connie Hager Silverstein, Curator
• The Honorable Cheryl D.S. Walker, Curator
• The Honorable Don Walsworth, Curator
• Mr. Shawn Gebhardt, Student Representative to the Board of Curators

Also Present

• Debbie Snellen, representing UM-Columbia Alumni Association Board
• John Cook, representing UM-Columbia Jefferson Club
• John Mathes, representing UM-Rolla Board of Trustees
• Matt Coco, representing UM-Rolla Board of Trustees
• Debra Hollingsworth, representing UM-St. Louis Chancellor’s Council
• Hugh Zimmer, representing UM-Kansas City Board of Trustees
• Judge Robert Ulrich, representing UM-Kansas City Board of Trustees
• Dr. Elson S. Floyd, President
• Mr. Marvin E. “Bunky” Wright, General Counsel
• Ms. Kathleen M. Miller, Secretary, Board of Curators
• Dr. Thomas George, Chancellor, UM-St. Louis
• Dr. Martha W. Gilliland, Chancellor, UM-Kansas City
• Mr. R. Kenneth Hutchinson, Vice President for Human Resources
• Ms. Natalie “Nikki” Krawitz, Vice President for Finance and Administration
• Dr. Gary Thomas, Chancellor, UM-Kansas City
• Dr. Ronald J. Turner, Executive Vice President
• Dr. Richard L. Wallace, Chancellor, UM-Columbia
• Dr. Donald Sievert, Observer, MU Faculty Council
• Dr. Dixie A. Kohn, Vice Chancellor for University Relations, UM-St. Louis
• Ms. Colleen Watermon, Director, Alumni and Constituent Relations, UM-St. Louis

Meeting discussion questions on file.

No action was taken by the Board of Curators.

 

Board of Curators Meeting

Curator James convened an open meeting of the University of Missouri Board of Curators at 1:10 P.M., on Thursday, January 29, 2004, in the H. Richard Adams Conference Center, on the University of Missouri-Columbia campus, pursuant to public notice given of said meeting. Curator James, President of the Board of Curators, presided over the meeting.

Present

• The Honorable Thomas E. Atkins, Curator
• The Honorable Angela M. Bennett, J.D., Curator
• The Honorable Marion H. Cairns, Curator
• The Honorable Mary L. James, Curator
• The Honorable M. Sean McGinnis, Curator
• The Honorable Anne C. Ream, O.D., Curator
• The Honorable Connie Hager Silverstein, Curator
• The Honorable Cheryl D.S. Walker, Curator
• The Honorable Don Walsworth, Curator
• Mr. Shawn Gebhardt, Student Representative to the Board of Curators

Also Present

• Dr. Elson S. Floyd, President
• Mr. Marvin E. “Bunky” Wright, General Counsel
• Ms. Kathleen M. Miller, Secretary, Board of Curators
• Mr. Ralph H. Caruso, Jr., Vice President for Information Systems
• Dr. Thomas George, Chancellor, UM-St. Louis
• Dr. Martha W. Gilliland, Chancellor, UM-Kansas City
• Mr. R. Kenneth Hutchinson, Vice President for Human Resources
• Mr. Stephen C. Knorr, Vice President for Government Relations
• Ms. Natalie “Nikki” Krawitz, Vice President for Finance and Administration
• Dr. Stephen W. Lehmkuhle, Vice President for Academic Affairs
• Dr. Gary Thomas, Chancellor, UM-Kansas City
• Dr. Ronald J. Turner, Executive Vice President and Director of Cooperative Extension
• Dr. Richard L. Wallace, Chancellor, UM-Columbia
• Mr. Philip Harrison, Assistant to the President
• Dr. David R. Russell, Director, University Relations
• Media Representatives

General Business

Board President’s Report – Mary L. James (transcription on file)

University President’s Report – Dr. Elson S. Floyd (transcription on file)

It was recommended by Curator James, moved by Curator Cairns, seconded by Curator Walker, and carried, that the following Board of Curators Standing Committee appointments, effective January 29, 2004, be approved:

Standing Committee

Executive Committee: Thomas E. Atkins, Chair

Angela M. Bennett, J.D.; Connie Hager Silverstein; Mary L. James, ex officio

Academic and Student Affairs Committee: Marion H. Cairns, Chair

Angela M. Bennett, J.D.; Anne C. Ream, O.D.; Shawn Gebhardt, ex officio

Finance and Human Resources Committee: Don Walsworth, Chair

Thomas E. Atkins; Cheryl D. S. Walker; Connie Hager Silverstein, ex officio

Physical Facilities and Management Services Committee: M. Sean McGinnis, Chair

Marion H. Cairns; Don Walsworth

Resources and Planning Committee: Cheryl D. S. Walker, Chair

M. Sean McGinnis; Anne C. Ream, O.D.

It was recommended by Chancellor Wallace, endorsed by President Floyd, recommended by the Finance and Human Resources Committee, moved by Curator Bennett, seconded by Curator Atkins, and carried, that the following action be approved:

1. that final authority for approval of all additions, changes, amendments or deletions to the bylaws or rules and regulations of the medical staffs of University of Missouri Hospitals and Clinics, Columbia Regional Hospital and Missouri Rehabilitation Center, be delegated to the President of the University of Missouri; and
2. that Sections 440.010, 440.020 and 440.030 be deleted from the Collected Rules and Regulations of the University of Missouri.

Upon the recommendation of President Floyd, and upon the motion of Curator Bennett, which was seconded by Curator Walker, and carried by unanimous vote of the Board of Curators, the following action was approved:

President Floyd and the President of the Board of Curators are authorized to enter into a Memorandum of Understanding with Northwest Missouri State University concerning the possible transfer and merger of that university into the University of Missouri System, with such Memorandum of Understanding to be in form as that presented to the Board of Curators on this date, provided the President of the University is authorized to make such minor modifications to the wording of the Memorandum of Understanding as will not materially change the meaning and intent, all to be in such form as approved by the Office of its General Counsel.

Memorandum of Understanding
01-23-04 Draft

This Memorandum of Understanding is made and entered into this __ day of _____________, 200__, by and between The Curators of the University of Missouri System, a public corporation, on behalf of The University System, hereinafter referred to as “UM System” and The Board of Regents of Northwest Missouri State University, a public institution of higher education, located in Maryville, Missouri, hereinafter referred to as “Northwest.”

WITNESSETH:

WHEREAS Northwest is interested in becoming a part of the University of Missouri System by becoming a separate and distinct campus of the UM System and the UM System is desirous of pursuing the transfer and merger of Northwest into the University of Missouri System; and

WHEREAS Northwest is a learning-centered community of scholars offering baccalaureate, masters, educational specialist, and a cooperative doctoral program with the University of Missouri System;

WHEREAS Northwest is a leader and initiator of cooperative efforts, and seeks to expand and improve access to learning and to promote research designed to address regional, state, and national issues through close collaboration with other campuses within the UM System; and

WHEREAS the UM System and Northwest acknowledge the appropriateness and necessity of entering into a Memorandum of Understanding covering general points of interest and concern with respect to any transfer and merger, and also acknowledge the necessity of obtaining the necessary legislative approval and consent for the transfer of Northwest to the UM System.

NOW THEREFORE, the UM System and Northwest are desirous of setting forth the manner within which they intend to continue to pursue the transfer and merger of Northwest into the UM System. The parties agree as follows:

1. UM System agrees that pursuant to the request of Northwest, and with support of the legislature, the Northwest campus will be named The University of Missouri-Northwest.
2. The UM System, through the President, will appoint a Chancellor as the Chief Executive and Academic Officer of the University of Missouri-Northwest campus. All University of Missouri-Northwest employees shall report to the Chancellor, except as may be otherwise determined by the President in consultation with the Chancellor. In turn, the Chancellor will report to the President of the UM System.
3. The base appropriation for Northwest provided by the State of Missouri in effect at the time of the transfer and merger will be transferred to the UM System and in turn allocated to Northwest by UM System. Realizing that there cannot be any guarantees of future funding levels, the UM System will, however, assure that the Northwest campus will not have an arbitrary reduction in funding. All reductions in future funding levels will be defined and applied system wide according to a model that distributes resources impartially and equitably as such model is approved from time to time by the governing board of the UM System in order to accomplish the overall educational mission of the University of Missouri.
4. UM System and Northwest acknowledge that there will be ongoing expenses incurred by each in the discussions and negotiations concerning the terms and conditions of a transfer and merger and each shall bear its own expenses, provided that each shall assist and cooperate with the other in keeping the expenses as low as reasonably possible.
5. Student enrollment at Northwest, including tuition, admission standards that achieve levels of student success, and other terms and conditions for attendance shall be in accordance with policies, rules and regulations of the UM System. Tuition for enrollment at Northwest will not be automatically raised to equal that charged for attendance at other campuses in the UM System.
6. As a part of the UM System, Northwest shall offer targeted and selective doctoral programs on the same basis and under the same conditions and requirements as other campuses of the UM System and in accordance with requirements established by the governing board of the UM System. Northwest, either individually or collaboratively with other campuses, will pursue delivery of doctoral programs in areas such as quality management, fuel science, geographic information sciences, recreation and a collaborative doctorate in business built on the model currently used in education.
7. The UM System will review and shall not unreasonably refuse to adopt and provide for the execution of the current Residence Hall Master Plan in existence at Northwest. Should the Residence Hall Master Plan be modified, altered or abandoned in the future, it shall not be solely as a result of the merger.
8. Northwest represents that all contracts in effect on the date this Memorandum of Understanding were entered into in accordance with the rules and regulations of the institution and its governing board and are deemed to be legally enforceable by and against the institution and UM System agrees to honor all such contracts, provided no contracts will be extended or new ones entered into after the date of this agreement without consultation with UM System. Contracts under this paragraph shall be deemed to be contracts for supplies, materials, equipment, construction, maintenance and services.
9. The Board of Regents of Northwest Missouri State University at the time of merger shall become a Board of Trustees, each member respectively for the period of time remaining on his or her respective appointment to the Board of Regents, and serve in an advisory capacity to the Chancellor of the University of Missouri-Northwest and the president of the UM System. The length of the terms of service of members of the Board of Trustees (after the initial term specified above) and the appointment of the Board of Trustees shall be as recommended by the Chancellor and approved by the President and governing board of the UM System.
10. All Northwest employees at the time of the merger who are deemed eligible by the UM System will be given the opportunity to either transfer to the UM System retirement plan, or to remain with MOSERS. Such option must be exercised by a given employee within ninety (90) days of the date of the merger. The transfer of an employee to the UM System retirement plan shall be dependent upon the University receiving the present day value of the future retirement benefit of the individual with MOSERS and the transfer to the UM System retirement plan shall be contingent upon the receipt of such account. Any employee remaining with MOSERS will not receive the subsidized post retirement health benefits of the UM System. However, the UM System with Northwest, is committed to exploring options to provide non-employer subsidized post-retirement health care benefits for employees in this category.
11. The power and authority to name or rename any facilities, scholarships, chairs, and other naming opportunities associated with the Northwest campus shall be in accordance with the applicable rules and regulations of the UM System as those rules and regulations apply to all campuses. The UM System will endeavor to honor the traditions and history of Northwest in carrying out the naming and renaming opportunities under this paragraph.
12. The UM System acknowledges that the Northwest Foundation, Inc. has been extremely active and helpful to Northwest in fundraising and development activities. UM System agrees that it will continue to work with, cooperate with, and engage the Northwest Foundation, Inc. in fundraising and development activities of the Northwest campus. It is understood that UM System and Northwest retain the option to direct and handle directly such fundraising and development activities by employees of the Northwest campus as shall be necessary to enable and assist the UM System in carrying out its fiduciary duties and obligations in the areas of fundraising activities and investment of funds for the future benefit and enhancement of the Northwest campus.
13. It is generally understood between UM System and Northwest that all employees of Northwest, meaning all faculty, staff and administration, will become employees of the Northwest campus of the UM System and the employment of such individuals shall be pursuant to the personnel policies, rules and regulations of the UM System. UM System agrees that it will honor all currently existing employment contracts following the effective date of the merger, provided that UM System will make reasonable efforts to accommodate longer term agreements, if any. The foregoing includes the acknowledgement of tenure rights of faculty members currently employed as tenured faculty at Northwest. Following the date of merger the tenure rights and terms and conditions of employment of faculty subsequently eligible for tenure shall be as prescribed by UM System rules and regulations. It is understood, however, that Northwest will retain its current mission that focuses on teaching as a primary factor for awarding promotion and tenure.
14. UM System and Northwest acknowledge the concern of Northwest that the campus be continued as an ongoing and operational university and to this end UM System acknowledges its obligations and responsibilities under Section 172.020 RSMo. which requires approval by concurrent resolution of the General Assembly and signature of the Governor prior to the disposal or disposition of land contained within a campus and that the UM System will adhere at all times to such legal requirements.
15. UM System and Northwest do acknowledge that this Memorandum of Understanding establishes a general framework. It sets forth the general intent of each party with respect to the future transfer and merger of Northwest into the UM System. The transfer and merger is conditioned upon the approval of the state legislature and Governor of the State of Missouri. The transfer and merger will be governed and determined by the terms and conditions that are set forth in any legislative action that approves the transfer and merger. At any time prior to the Missouri General Assembly and the Governor approving the proposed merger, the governing board of either institution may exercise its option to void this agreement by written notice, and the parties shall be deemed released from any future obligations.

This Memorandum of Understanding is entered into on the day and year first above written by the President of the UM System and the President of Northwest as evidence of the commitment of each to continue to pursue the transfer and merger of Northwest into the UM System.

 

Elson S. Floyd, President

University of Missouri System

Dean L. Hubbard, President

Northwest Missouri State University

Mary L. James, President

Board of Curators

Jim Johnson, President

Board of Regents

Consent Agenda

It was endorsed by President Floyd, moved by Curator Walker, seconded by Curator Cairns, and carried, that the following item be approved by consent agenda:

• that the minutes of December 11-12, 2003 Board of Curators meeting and the minutes of the January 10-11, 2004 Board of Curators Special meeting, be approved and filed with the minutes of the respective meetings.

Finance and Human Resources

MU Health Care Update – provided by David Coats and Hank Wells (documents on file)

Internal Audit Summary Reports – provided by Audrey Catcher and Tom Beitel, PriceWaterhouseCoopers, LLP (documents on file)

Note: Curator Walsworth requested that a quarterly update be provided to the Board of Curators for accountability.

It was recommended by Vice President Krawitz, endorsed by President Floyd, recommended by the Finance and Human Resources Committee, moved by Curator Silverstein, seconded by Curator Walker, and carried, that the following action be approved as amended:

1. that the Vice President for Finance and Administration be authorized to employ the firm of Deloitte & Touche LLP to provide audit services to the University of Missouri for a one-year term, for a fee of up to $416,000, plus expenses not to exceed $47,430; and
2. that the contract go out for bid for 2005.

It was recommended by the respective Chancellors, endorsed by President Floyd, recommended by the Finance and Human Resources Committee, moved by Curator Atkins, seconded by Curator Cairns, and carried, that the following schedule of rates for the Student Activity, Facility and Health Services fees be approved, effective with the 2004 Summer Session.

Maximum Fees per Term (1)
Regular Session	Present Rates	Proposed Increase	Proposed Rates	Precent Increase
UMC Undergraduate	$211.65	$78.88	$290.53	37.3%
UMC Graduate	211.81	78.89	290.70	37.2%
UMKC	295.30	3.60	298.90	1.2%
UMR Undergraduate (2)	356.85	0.55	357.40	0.2%
UMR Graduate	348.21	1.39	349.60	0.4%
UMSL	365.68	26.52	392.20	7.3%
Summer Session
UMC Undergraduate	$128.19	$39.99	$168.18	31.2%
UMC Graduate	128.25	40.01	168.26	31.2%
UMKC	145.30	1.80	147.10	1.2%
UMR Undergraduate	148.58	6.42	155.00	4.3%
UMR Graduate	148.58	6.42	155.00	4.3%
UMSL	182.84	13.26	196.10	7.3%

Notes:

1. Fees are assessed predominantly on a per credit hour basis with a plateau of 12 credit hours per semester and 6 credit hours per summer session, however, some fees are assessed as a flat rate per semester.
2. The winter semester rate excludes the yearbook fee. 

It was recommended by the respective Chancellors, endorsed by President Floyd, recommended by the Finance and Human Resources Committee, moved by Curator Cairns, seconded by Curator Ream, and carried, that the following recommendations be approved:

1. that the schedule of rates for the Residence Halls and Family Student Housing at UM-Columbia, UM-Kansas City, UM-Rolla and UM-St. Louis be approved, as on file with the records of this meeting, effective with the 2004 Summer Session.
2. that Residential Life fees consisting of a $10 Programming Fee and a $25 Application Fee be approved for UM-Kansas City.

Similar fees currently exist on the UM-Columbia and UM-Rolla campuses. Fee schedules are on file with the minutes of this meeting.

Upon recommendation of President Floyd, it was moved by Curator Walker, seconded by Curator Bennett, and carried, that the following resolution be approved:

• BE IT RESOLVED, that the University of Missouri is authorized to initiate a program of offering to the general public, and particularly the alumni of the University of Missouri, a development program and instrument commonly referred to as “Charitable Gift Annuity” with the valuation to establish the financial value of the annuitants payment to the University of Missouri and the financial payments to be made by the University on a regular basis to the annuitant (beneficiary or beneficiaries) to be according to rates as determined and provided by the American Council on Gift Annuities, all until such time as the President of the University of Missouri approves a different valuation method; provided, further, that the Board of Curators receives not less than ninety (90) days prior written notice of any such change of valuation method, and provided further that the annuities issued by the University shall not be deemed a general obligation of the University, but that the funds to be devoted as security for the fulfillment of the obligations of the University under the Charitable Gift Annuities shall be limited to those unrestricted reserves, not derived from state appropriations, as recommended by the President of the University in an amount not to exceed One Million Dollars ($1,000,000.00) and placed in a segregated investment fund and approved by the Executive Committee of the Board of Curators, together with the amounts paid by Donors in exchange for annuities, and provided further that the University issue annuities only to residents of those states for which the President and Executive Committee of the Board of Curators authorizes the University to meet the respective states legal requirements and qualifications for issuance of annuities.

 

Physical Facilities and Management Services

It was recommended by Chancellor Wallace, endorsed by President Floyd, recommended by the Physical Facilities and Management Services Committee, moved by Curator Walsworth, seconded by Curator Bennett, and carried, that the following action be approved:

• that the Vice President for Finance and Administration be authorized to employ the firm of International Architects Atelier, Kansas City, Missouri, for design services for the College Avenue Housing at the University of Missouri-Columbia, for a basic services fee of 6.7% of construction cost.
• Funding is from:
  • Residential Life Reserves and Revenue Bonds (C5849 for Housing) $16,460,800

It was recommended by Chancellor Thomas, endorsed by President Floyd, recommended by the Physical Facilities and Management Services Committee, moved by Curator Atkins, seconded by Curator Bennett, and carried, that the following action be approved:

• that the Vice President for Finance and Administration be authorized to employ the firm of Dickenson Hussman Architects, St. Louis, Missouri, for design services for the University Center East Renovation at the University of Missouri-Rolla, for a $18,105 fee for a building condition report, a $7,650 fee for Architectural Space Planning, and a basic services fee of 7.65% of construction cost.
• Funding is from:
  • Campus Funds (RA471) $5,000,000

Note: Curator Walsworth requested that the University look into a CAD system that would utilize the University’s engineering schools.

It was recommended by Chancellor Thomas, endorsed by President Floyd, recommended by the Physical Facilities and Management Services Committee, moved by Curator Atkins, seconded by Curator Ream, and carried, that the following action be approved:

• that the schematic design prepared by Mackey Mitchell Associates, St. Louis, Missouri, for Residential Building Two, at the University of Missouri-Rolla, be approved as on file with the records of this meeting.
• Funding is from:
  • Campus Funds (RA186) $500,000
  • Revenue Bonds 8,491,045
  • Total Funding $8,991,045

It was recommended by Chancellor George, endorsed by President Floyd, recommended by the Physical Facilities and Management Services Committee, moved by Curator Atkins, seconded by Curator Cairns, and carried, that the following action be approved:

• that the schematic design prepared by Lotti Krishan & Short, Inc., Tulsa, Oklahoma, for the South Campus Residence Hall, at the University of Missouri-St. Louis, be approved as on file with the records of this meeting.
• Funding is from:
  • Revenue Bonds $20,214,500 Campus Funds-Faculty Apartments (S6135) 1,089,600
  • Campus Funds-Residence Hall (S6241) 698,167
  • Total Funding $22,002,267

Note: The Board stipulated that the parking concerns for this project be addressed appropriately.

It was recommended by Vice President Krawitz, endorsed by President Floyd, recommended by the Physical Facilities and Management Services Committee, moved by Curator Walsworth, seconded by Curator Cairns, and carried, that the following action be approved:

• that the University President be authorized to submit to the appropriate State Offices the Life Sciences/Economic Development State Capital Bond Request, as on file with the records of this meeting.

University of Missouri Life Sciences/Economic Development State Capital Bond Request
	State Bonds	Campus Funds	Total Project
Rehabilitation & New Construction	$190,440,000	$117,733,000	$308,173,000
Benton Stadler Renovations–UMSL	23,913,000	-	23,913,000
Mechanical Engineering Addition & Renovation-UMR	18,617,000	4,733,000	23,350,000
Engineering Building East Renovation–UMC	20,910,000	-	20,910,000
Health Sciences Building Phase 2–UMKC	42,800,000	10,700,000	53,500,000
Health Sciences Building Phase 1 Shell Space Completion–UMKC	9,200,000	2,300,000	11,500,000
Health Sciences Research Center–UMC	75,000,000	100,000,000	175,000,000

 

Resources and Planning

Resource Allocation Principles, UM – presented by Vice President Krawitz

University of Missouri Resource Allocation Principles – Draft document dated January 15, 2004, on file with the records of this meeting

Academic and Student Affairs

It was recommended by Chancellor Wallace, Chancellor Gilliland and Chancellor Thomas, endorsed by President Floyd, recommended by the Academic and Student Affairs Committee, moved by Curator Cairns, seconded by Curator Walsworth, and carried, that the academic calendars for 2005-2006 be approved for UM-Columbia, UM-Kansas City and UM-Rolla, as provided in the documents on file with the records of this meeting.

General Business

Service Mission Presentation, UMC – presentation folder on file with the records of this meeting

It was moved by Curator Bennett and seconded by Curator Silverstein, that there shall be a closed meeting with a closed record and closed vote of the Board of Curators, on Thursday, January 29, 2004, and as needed, on Friday, January 30, 2004, for consideration of:

1. legal action, causes of action or litigation;
2. leasing, purchase or sale of real estate;
3. hiring, firing, disciplining or promotion of employees.

Roll call vote:

• Curator Atkins voted yes.
• Curator Bennett voted yes.
• Curator Cairns voted yes.
• Curator James voted yes.
• Curator McGinnis voted yes.
• Curator Ream voted yes.
• Curator Silverstein voted yes.
• Curator Walker voted yes.
• Curator Walsworth voted yes.
• President James declared the motion carried by a vote of 9 & 0.

It was moved by Curator Walsworth, seconded by Curator Ream, and carried, that the open meeting of the Board of Curators, January 29-30, 2004, be adjourned.

Curator James declared the open meeting of the Board of Curators adjourned at 4:30 P.M., Thursday, January 29, 2004.

Closed Meeting

Present

• The Honorable Thomas E. Atkins, Curator
• The Honorable Angela M. Bennett, J.D., Curator
• The Honorable Marion H. Cairns, Curator
• The Honorable Mary L. James, Curator
• The Honorable M. Sean McGinnis, Curator
• The Honorable Anne C. Ream, O.D., Curator
• The Honorable Connie Hager Silverstein, Curator
• The Honorable Cheryl D.S. Walker, Curator
• The Honorable Don Walsworth, Curator
• Mr. Shawn Gebhardt, Student Representative to the Board of Curators

Also Present

• Dr. Elson S. Floyd, President
• Mr. Marvin E. “Bunky” Wright, General Counsel
• Ms. Kathleen M. Miller, Secretary, Board of Curators
• Mr. R. Kenneth Hutchinson, Vice President for Human Resources
• Ms. Natalie “Nikki” Krawitz, Vice President for Finance and Administration
• Dr. Gary Thomas, Chancellor, University of Missouri-Rolla
• Mr. Dennis Cesari, Associate Vice President for Management Services
• Ms. Jackie Jones, Vice Chancellor for Administrative Affairs, University of Missouri-Columbia

Curator James convened a closed meeting of the Board of Curators at 4:50 P.M., on Thursday, January 29, 2004,, in the Vet School Auditorium, on the University of Missouri-Columbia campus, pursuant to public notice given of said meeting and by approval of resolution by the Board of Curators.

It was recommended by Chancellor Wallace, endorsed by President Floyd, recommended by the Physical Facilities and Management Services Committee, moved by Curator Ream and seconded by Curator Bennett, that the following action be approved:

• that the Vice President for Finance and Administration be authorized to lease 15,000 square feet at 101 Park DeVille Drive, Columbia, Missouri, for the period July 1, 2004 through June 30, 2009, with the option to terminate annually, from P & G Development Company, at an initial cost of $10.00 per square foot ($150,000), with annual CPI adjustments, for the University of Missouri-Columbia.
• Funding is from:
  • Grant and Campus Funds $150,000
  • AES FAPRI-Womack (C1537064)
  • FAPRI-Chancellor’s Support (C1537137)

A roll call vote was taken with the following result:

• Curator Atkins voted yes.
• Curator Bennett voted yes.
• Curator Cairns voted yes.
• Curator James voted yes.
• Curator McGinnis voted yes.
• Curator Ream voted yes.
• Curator Silverstein voted yes.
• Curator Walker voted yes.
• Curator Walsworth voted yes.
• Curator James declared the motion carried by unanimous vote.

The University executed a lease of property at 101 Park DeVille Drive, Columbia, Missouri from P & G Development Company on February 5, 2004 for the University of Missouri-Columbia for the period July 1, 2004 through June 30, 2009, with the option to terminate annually, at an annual cost of $150,000, with annual CPI adjustments.

Vice Chancellor Jones excused herself from the meeting.

Property Purchase Item for the University of Missouri-Rolla– This item has been excluded from the minutes and will be presented to the Board of Curators for approval following completion of transaction of subject matter.

Chancellor Thomas and Associate Vice President Cesari excused themselves from the meeting.

The property information item for the University of Missouri-Rolla was removed from the agenda by Vice President Krawitz and Chancellor Thomas.

Litigation Report – presented by General Counsel Wright (no document on file)

Personnel – presented by President Floyd (information only, no document on file)

There being no further business for consideration by the Board of Curators, Curator James declared the Board of Curators closed meeting adjourned at 5:50 P.M., on Thursday, January 29, 2004.

Approved by the Board of Curators,

April 1, 2004.

Kathleen M. Miller, Secretary

University of Missouri Board of Curators