September 21, 2005

Board Meeting Summary

Wells Fargo Place
Saint Paul, Minnesota


Revenue Fund Bond Sale
The Board of Trustees approved the Series Resolution as described in Attachment A and further authorized projects listed estimated at $56,075,000, of which $49,175,000 will be funded by Revenue Fund bond proceeds. See also the powerpoint presentation, Attachment B.

Revenue Fund Master Resolution Amendment
The Board of Trustees approved the Amendment to the Revenue Fund Master Resolution (PDF).

Metropolitan State University Property Acquisition
The Board of Trustees approved the acquisition of 407 Bates Avenue, St. Paul for Metropolitan State University, subject to the completion of any additional due diligence and approval of all documents by the Attorney General's Office.

Approval of Contract Exceeding $1 Million Dollars - Integrated Statewide Records System (ISRS) Server Lease
The Board of Trustees approved execution of a 36-month contract with Hewlett Packard Financial Services Corporation totaling $3,267,812.50 to finance the leasing of a Hewlett Packard server and peripheral equipment designed to increase the capacity and improve the stability and security of the System's information technology environment. The Board delegated execution of the contract to the Vice Chancellor-CFO.

Revised North Dakota/Minnesota Reciprocity Agreement
The Board of Trustees approved the Minnesota-North Dakota Public Higher Education Reciprocity Agreement (Attachment A) effective beginning with the 2006-2007 academic year.

Hurricane Katrina Resident Tuition Program
WHEREAS, the Minnesota State Colleges and Universities Board of Trustees and the Minnesota State Colleges and Universities community are sympathetic to those individuals impacted by the Hurricane Katrina disaster; and

WHEREAS, higher education institutions in Alabama , Mississippi , and Louisiana have been closed due to the affects of Hurricane Katrina, and therefore; preventing thousands of students from continuing their education; and

WHEREAS, pursuant to Minnesota Statute 136F.06, Powers and Duties, the Board of Trustees has authority to set tuition and fees and adopt suitable policies for the institutions it governs;

WHEREAS, the Board of Trustees has approved pilot projects at identified System colleges and universities allowing them to charge resident tuition rates to non resident students; and

WHEREAS, the Chancellor recommends to the Board of Trustees to charge resident tuition in lieu of non resident tuition for the 2005-2006 academic year for students who were enrolled at a regionally accredited college or university now closed due to Hurricane Katrina;

NOW, THEREFORE, BE IT RESOLVED that the Board of Trustees concurs with the efforts of the Minnesota State Colleges and Universities in accommodating students impacted by Hurricane Katrina in accordance with the Chancellor's recommendation; and

BE IT FURTHER RESOLVED that the Board of Trustees delegates to the Chancellor the authority to determine eligibility and implementation criteria for this program.

Appointment of Academic Rank
The Board of Trustees approved the appointment of Dr. Judith A. Ramaley, President of Winona State University, as Professor in the Department of Biology at Winona State University.

Authorization of Leadership Employment Agreements
The Board of Trustees authorized the Chancellor, in consultation with the Chair of the Board of Trustees and Chair of the Human Resources Policy Committee, to enter into employment agreements with presidents and vice chancellors whose current agreements expire June 30, 2006.

Riverland Community College Mission Approval
The Board of Trustees approved the request by Riverland Community College's vision, proposed mission, purposes, and array of awards.