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doc16755 August_17_2022_Executive_Committee_Meeting_Board_Book.pdf
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"text": "KENTUCKY STATE UNIVERSITY BOARD OF REGENTS\nEXECUTIVE COMMITTEE\nSPECIAL CALLED MEETING",
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"text": "Zoom Link: https://kysu.zoom.us/j/98073432300\nWebinar ID: 98073432300\nOne Tap Mobile: US: +13017158592,,98073432300# or +13092053325,,98073432300#"
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"text": "2. Roll Call\n3. Approval of the Agenda\n4. Finance and Administration\\nAction Items\nA. Approval of Hotel Contract\nB. Approval of Personnel Actions",
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"text": "Chair Patton\nChair Patton\nDr. Gerald Shields\\nVP of Finance and\\nAdministration/CFO",
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Page 3
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"text": "Kentucky State University is partnering with Stone Bridge Hospitality, LLC to provide supplemental student housing for Fall 2022. Stone Bridge Hospitality, LLC is a Frankfort, Kentucky, business that owns several hotels within four (4) miles or less of the University's main campus. The University will provide shuttle service to/from the hotels and campus for students. Each hotel will provide Wi-Fi to each room to support student learning."
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"text": "Interim President Ronald A. Johnson recommends that the Executive Committee of the Kentucky State University Board of Regents approve this contract."
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Page 4
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"text": "The parties agree that Stone Bridge Hospitality, LLC properties will bill Kentucky State University on the[p4.9.1] day of each month by submitting its invoice to accounts.payable@kysu.edu. Kentucky State University will make payment upon receipt of an approved invoice. Payment terms are net thirty (30) days.",
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"text": "If Kentucky State University must close due to any national or local health concern, Stone Bridge Hospitality, LLC will release Kentucky State University from any obligation to make additional payments under the terms of this contract as soon as the student has vacated the room, including taking all personal belongings."
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"text": "This contract is subject to the terms and conditions stated herein. By affixing signatures below, the parties verify that they are authorized to enter into this contract and that they accept and consent to be bound by the terms and conditions stated herein. In addition, the parties agree that (i) electronic approval may serve as electronic signatures, and (ii) this contract may be executed in any number of counterparts, each of which when executed and delivered shall constitute a duplicate original, but all counterparts together shall constitute a single contract."
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