Interim President Johnson began with a presentation entitled “Addressing Unwarranted Risks,” commenting that former Chair Patton had a very strong understanding of this topic. Dr. Johnson commented that the MIP requires the Board to establish a committee to examine risk exposure at the University, which is why he is presenting this information.
Interim President Johnson recommended that the Board hire a Chief Compliance Officer and delineated the duties of that proposed role.
Regent Adams queried how the hiring of a Chief Compliance Officer would impact the budget.
Mr. Travis Powell, VP and General Counsel, Council on Postsecondary Education, presented this agenda item. As noted above, this agenda item was presented prior to agenda item VIII (E) due to a scheduling conflict.
Mr. Powell spoke about Board committees, providing information as to how other institutions handle their committees in order to assist KSU in structuring its committees to make them function more efficiently. He also recommended that the Board form an ad hoc committee to look at committee structure for the Board.
Chair Dukes called for a motion to create the ad hoc committee to review the Board's current committee structure.
Move the Board to form an ad hoc committee to review the Board's current committee structure. Second by Regent Moseley, and passed without dissent.
In the spirit of efficiency, Regent Dukes requested that all action agenda items be approved as a whole, unless anyone had questions regarding a specific action item.
As to the capital improvement project, Regent Ramsey asked whether mold and mildew remediation would be included, and noted that it should be a top priority.
Regent Walston posed a question regarding the award of honorary degrees.
A discussion ensued regarding the financial feasibility of keeping Holmes Hall or tearing it down.
Regent Walston queried whether Bell Gym was on the list for the capital management project.
Hearing no further questions, Chair Dukes called for a motion to approve all Action Agenda Items.
Move the Board to approve all action items (agenda items X. (A-N)).
Second by Regent Adams, and passed without dissent. All items were unanimously passed under one motion.
Approved under one motion, as noted above.
Approved under one motion, as noted above.