Regent Whitehead also reported that KSU is at 96% of its housing capacity. Updates were also provided about capital planning and construction projects as well as public and media relations.
Regent Whitehead discussed KSU's request to purchase a research vessel (boat) docked in Frankfort. The research vessel would be a part of the Land Grant program's educational outreach to school-age children.
Action: Motion was made to approve the purchase of a research vessel docked in Frankfort on the Kentucky River by Regent Whitehead. The motion passed.
Regent Whitehead discussed the KSU Endowment Match Program Report. The report was included in the Board materials. Each year university governing boards are required to review and approve a summary of all institutional endowments for submission to the Council on Postsecondary Education.
Action: Motion was made to approve the Kentucky State University Endowment Match Program 2009-10 CPE Summary Report for submission to the Kentucky Council on Postsecondary Education by Regent Whitehead. The motion passed.
Audit Committee:
Regent Bearden presented the Audit Committee report. No action was taken.
Action: Motion was made to convene a closed session to discuss personnel matters and pending litigation pursuant to the Kentucky Open Meetings Act. The motion was made by Regent Bearden and seconded by Regent Ready. The motion passed.
The Board discussed pending litigation and personnel matters. The Board took no action in Closed Session.
The Board did not reconvene in Open Session.
Action: Motion was made to adjourn the Board meeting by Regent consensus
The meeting adjourned at approximately 2:45 p.m.