VI. Discussion of Budget Priorities
Regent Douglas opened the floor to a discussion of budget priorities. The Board responded with the following list of priorities:
Maintenance and improvement of student retention efforts
Avoidance of staff and faculty lay-offs and salary reductions
Resolution of all facility maintenance issues and strengthening of facility infrastructure
Expansion of library facilities and hours of operation
iMaintenance of residential halls and improving access to alumni facilities
Consideration of retirement incentives
In response to a question from the Board, President Sias confirmed the necessity of converting the University's Enterprise system.
VII. Closed Session
Action: A motion to convene a closed session to discuss a proposed real estate purchase was made by Regent Bearden and seconded by Regent Greene. The motion passed.
The Board discussed a proposed real estate purchase during the closed session. The Board made no formal action.
VIII. Approval of Proposed Property Acquisition
Action: A motion to approve the purchase of the former Paul Sawyer Public Library building located in downtown Frankfort, Kentucky was made by Regent Bearden and seconded by Regent Greene. The motion passed
IX. Adjournment
Action: A motion to adjourn the Regular Meeting of the Board was made by Regent Lane and seconded by Regent Bearden. The motion passed.
The meeting adjourned at 3:11 p.m.
Submitted by:
Approved by:
Angela G. Curry, Secretary General Counsel Kentucky State University
___ approved with no corrections ___ approved with corrections
Laura Douglas, Chair Board of Regents Kentucky State University