Regent Hatchett expressed concern about how the proposed policy’s language was not specific. Acting President Stamps responded by observing that there was a difference between a policy, a procedure, and a process and that the current deliberations revolved around the procedural component. Regent Patton asked whether the Board of Regents was mandated for the policy part of the timeline outlined by Acting President Stamps, which Acting President Stamps affirmed.
Regent Patton observed that the implementation of the policy still needed to be determined.
MOTION by Regent Dukes:
Move the Board to approve the financial exigency policy as submitted to the board. Seconded by Regent Adams and passed without dissent.
Chair Patton concluded by thanking Regent Robinson for his service to the Board. He identified two urgent matters pending for the Board of Regents including the procurement of the Interim President and the execution of the financial exigency policy.
MOTION by Regent Walston:
Move the Board to adjourn.
Seconded by Regent Fields and passed without dissent.
The meeting adjourned at 11:22 a.m.
Submitted by:
Elise Borne Board Secretary Kentucky State University Board of Regents
Dr. Gerald Patton Board Chair Kentucky State University Board of Regents
Approved with no corrections Approved with corrections
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