January 20, 2005

Board Meeting Summary

Wells Fargo Place
Saint Paul, Minnesota


Proposed Amendment to Policy 2.1, Campus Student Associations The Board of Trustees approved the amendment to Policy 1.2 Campus Student Associations.

Proposed Amendment to Policy 3.7, Statewide Student Association
The Board of Trustees approved the amendment to Policy 3.7 Statewide Student Association.

Proposed Policy 3.29, College and University Transcripts
The Board of Trustees approved the new policy 3.29 College and University Transcripts.

Office of the Chancellor Location Planning (PDF)
The Board of Trustees authorized the Chancellor or his designee to execute a lease agreement with Zeller Realty Group consistent with the terms outlined in the Letter of Intent between the two parties dated January 17, 2005.

Plan to Contract with Certified Public Accounting Firms and the Legislative Auditor for Fiscal Year 2005 Audits (PDF)
The Board of Trustees endorsed the recommendations of the Executive Director of Internal Auditing and Vice Chancellor - Chief Financial Officer regarding a strategic plan for external audits, and authorized them to take the following steps:

  • Initiate a competitive bidding process to select external auditors for Bemidji State University , Minnesota State University, Mankato , Minnesota State University Moorhead , St. Cloud State University , Winona State University , Minnesota State Community and Technical College and Northwest Technical College - Bemidji for fiscal years 2005-2007.
  • Contract with the Legislative Auditor to test internal controls and finance-related legal compliance at two-year colleges, perform information technology audits, and conduct the assurance work on state systems that is necessary to support the external auditors responsible for the fiscal year 2005 financial statement audits.