Once the plans are approved and financing is secured, the construction will take approximately 18 months. Financing would rely on the state intercept provision to protect lease payments. The lease payment will include funds for maintenance and upkeep which will be managed by a trustee. As such, there will be no additional cost beyond the lease payment.
MOTION by Regent Barfield:
Move the Committee to approve the agreement and payment to the Transportation Cabinet.
Seconded by Regent Banks and passed without dissent.
MOTION by Regent Moffett:
Move the Committee to approve the honorary degree candidate, Dr. Jamal Harrison Bryant.
Seconded by Regent Banks and passed without dissent.
MOTION by Regent Reddy:
Move the Committee to approve the revised Winter 2020 and Spring 2021 Academic Calendars.
Seconded by Regent Barfield and passed without dissent.
MOTION by Regent Moffett:
Move the Committee to approve the revised 2020-2021 Promotion and Tenure Calendar. Seconded by Regent Reddy and passed without dissent.
MOTION by Regent Moffett:
Move the Committee to adjourn the November 19, 2020 Special Called Meeting of the Board of Regents.
Seconded by Regent Banks and passed without dissent.
Submitted by: Dr. M. Christopher Brown II, Board Secretary Kentucky State University
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Dr. M. Christopher Brown II, Board Secretary Kentucky State University
Board of Regents X Approved with no corrections Approved with corrections
Approved with no corrections
___ Approved with corrections
Dr. Elaine Farris, Chair
Kentucky State University
Board of Regents