Chair Dukes began this presentation by stating that an Investment Committee was being created as recommended by the MIP, and pursuant to Section 9.1 of the Gold Book.
Regent Hatchett observed that the creation of an Investment Committee was an excellent idea, and Chair Dukes concurred.
MOTION by Regent Moyer:
Move the Board to approve the creation of the Investment Committee.
Seconded by Regent Ramsey, and passed without dissent.
V. Information Item
A. Committee Compositions
This Agenda item was presented by Chair Dukes, who noted that Board Committee members are to be appointed by the Board Chair pursuant to Gold Book Section 9.2. In the spirit of transparency, Chair Dukes then invited discussion and recommendations regarding Committee composition and member appointments.
Regent Moseley requested clarification of Regent Moyer's comments that Board Committees should be composed only of Board members.
Regent Walston posed a question regarding whether non-board members could still be invited to contribute to and inform the Committees.
VI. Closed Session
Next, the Board moved into closed session, pursuant to KRS 61.810(1)(c) and (f), to discuss individual personnel matters and pending litigation.
MOTION by Regent Walston:
Move the Board to enter a closed session.
Seconded by Regent Fields and passed without dissent.
At this time, the Board entered a closed session.
VII. Possible Public Action(s)
When the Board reconvened, Chair Dukes stated that the Board had completed its discussion and called for a motion to enter into an open session again.
MOTION by Regent Moseley:
Move the Board to enter into an open session.
Seconded by Regent Fields and passed without dissent.
Chair Dukes announced that no action had been taken in the closed session. However, seven (7) personnel actions regarding faculty members were discussed in closed session, pursuant to HB 250. Chair Dukes then called for a motion to approve the President's recommendations regarding those personnel actions.
MOTION by Regent Moseley:
Move the Board to approve the seven (7) personnel actions.
Seconded by Regent Moyer, and passed without dissent.
Following the approval of the seven (7) personnel actions, Chair Dukes also reported that the Board had been provided information regarding a student misconduct case. In accordance with the K-Book, the Board