Meeting Actions
November 15 , 2011
At a meeting of the Board of Trustees on November 13 & 14, 2011 at the University of Southern Maine, the Board approved the following actions:
Acceptance of Minutes. The following minutes were approved as presented:
September 19, 2011 – Board of Trustees Meeting & Board Committee
Meetings
September 22, 2011 – Investment Committee Meeting
September 28, 2011 – Technology Committee Meeting
October 11, 2011 – Trustee Affairs Committee Meeting
October 31, 2011 – Trustee Affairs Committee Meeting
Awarding of Academic Degrees. The Board of Trustees authorized the awarding of degrees during Commencement ceremonies for the 2011-2012 academic year to those students fully recommended by the appropriate faculties and the presidents of the respective institutions and/or divisions of the University of Maine System.
New Academic Program – Bachelor of Architecture, UMA. The Board of Trustees approved the creation of a Bachelor of Architecture Degree at the University of Maine at Augusta.
Revisions to Board Policy #404.3 – Appointments. The Board of Trustees approved the proposed amendments to Board of Trustees Policy #404.3 – Appointments.
Appointments for Trustee Approval. The Board of Trustees approved the appointments to positions at or above the level of Dean or equivalent or with tenure as recommended by the Chancellor, as follows:
Raphael Di Luzio, Associate Professor of Art with tenure, USM (transfer of
tenure from UM to USM)
Jon Henry, Vice President of Enrollment Management, UMA
Annual Financial Report FY2011. The Board of Trustees approved the FY2011 Annual Financial Report.
Approval of Revenue Bond Financing. The Board of Trustees approved the issuance of revenue bond to refinance $30 million of debt due on March 1, 2012, to finance $7 million for renovations of the UM Field House/Memorial Gym Complex, to refund any prior revenue bonds where determined to be cost beneficial, and to finance any necessary capitalized interest, reserves, and costs of issuance, as further specified in the Financing and Project Authorization document.
Confirmation of Student Representatives to the Board of Trustees. The Board of Trustees approved the following appointments as the Student Representatives:
Matthew E. Roy, UMF (2 year term)
Mary-Elizabeth McAdams, UMM (2 year term)
Danielle E. Bernier, Graduate Student, USM (2 year term)
Jeffrey Rhoads, UMPI (2 year term)
Shawn Staples, UMA (2 year term)
Renovations to Field House & Memorial Gym Complex, UM. The Board of Trustees authorized the University of Maine to expend $14 million to renovate the Field House and Memorial Gym Complex.
Date of Next Meeting. The next meeting of the Board of Trustees will be held on January 23, 2012, at the University of Maine System.