Chair Dukes questioned whether the documents were showing how much of a shortfall there is or a surplus. Dr. Bigard and Dr. Akakpo responded. Regent Hatchett also responded.
Chair Dukes asked for a motion for the approval of the changes. Regent Hatchett made the motion. Regent Fields seconded the motion. No dissenting votes. Motion was passed.
Dr. Bigard presented graphics containing legislative investment totals approximately 183 million.
Major projects include:
○ Health Sciences Building ($55 million)
○ Residence Hall Renovations ($48 million)
○ New projects including The Hall and Carver Hall Improvements ($45 million)
○ Academic and Administrative Buildings (\$22 million)
○ New Chiller Plant
○ Several Regents had questions, comments and suggestions.
Dr. Bigard summarized the Asset Preservation Pool Update, which includes $133.25 million invested in current buildings and infrastructures.
A voice vote was held on the approval of the Capital Projects and Asset Preservation Pool changes. Each Regent voted yes. Motion was approved and passed.
Dr. Bigard asked for approval of the CNC Machine purchase, a numerical control machine that will be used in the engineering program and installed in Shauntee Hall. This machine will cost $270,465 and come from Title III funds. Regent Fields had a question.
Chair Dukes asked for a motion for approval of the CNC machine. Regent Hatchett made the motion. Regent Moyer seconded the motion. No nays. The motion was approved and passed.
Presenter: Dr. Michael Dailey.
○ Reviewed academic transformation efforts initiated in 2023.