March 2011

Meeting Date: 
Thursday, March 10, 2011 to Friday, March 11, 2011

Board and Committee Agendas - March 10-11, 2011
600 McNamara Alumni Center, 200 Oak Street S.E.


8:15 - 9:30 a.m. Sixth Floor, East Committee Room
Audit Committee
Regent Cohen, Chair

1. Emerging Issues in Higher Education and Audit Committee Impact - D. DeHaas
2. Conflict of Interest and Conflict of Commitment - T. Sullivan/L. Zentner
3. External Auditor Review - M. Volna
4. Information Items - G. Klatt

8:15 - 9:15 a.m. Sixth Floor, W.R. Peterson Conference Room
Litigation Review Committee
Regent Allen, Chair

1. Resolution to Conduct Non-Public Meeting of the Litigation Review Committee to Discuss Attorney-Client Privileged Matters - M. Rotenberg

9:30 - 9:45 a.m. Sixth Floor,Boardroom
Board of Regents Meeting
Regent Allen, Chair/Regent Cohen, Vice Chair

1. Oath of Office - Newly Elected Regents - Chief Justice Lorie Skjerven Gildea

10:00 - 11:45 a.m. Sixth Floor, West Committee Room
Facilities Committee
Regent Hung Chair

1. Real Estate Transactions - Review/Action - K. O'Brien/S. Weinberg
A. Fifty-Year Land Lease for Hotel, 615 Wash. Ave SE, Mpls. (Twin Cities Campus)
B. Ten-Year Lease for Pediatrics Faculty Offices UMMC-F (Twin Cities Campus)
2. Real Estate Transaction - Review - K. O'Brien/S. Weinberg
A. Agreement with Manchester Grant Hyatt Hotel, San Diego, for Continuing Medical Eduation's 2012 World Symp., Feb. 5-12, 2012 (Twin Cities Campus)
3. Biomedical Discovery District/Medical Biosciences Facilities Update - A. Friedman/R. Johnson
4. Public Safety Plans and Operations - K. O’Brien/G. Hestness
5. Consent Report - Review/Action - K. O’Brien
4. Information Items - K. O’Brien

10:00 - 11:45 a.m. Sixth Floor, East Committee Room
Educational Planning & Policy Committee
Regent Simmons, Chair/Regent Ramirez, Vice Chair

1. Board of Regents Policy: Academic Freedom and Responsiblity - Review - T. Sullivan
2. Update on Findings of Blue Ribbon Committees System-wide - T. Sullivan/R. Jones
3. Consent Report - Review/Action - T. Sullivan
4. Information Items - T. Sullivan

12:00 p.m. - 1:15 p.m. Lunchwith University Senate Leadership - Johnson Room

1:30 - 3:30 p.m. Sixth Floor, West Committee Room
Faculty, Staff & Student Affairs Committee
Regent Johnson, Chair

1. Collective Bargaining Agreement with Graphic Communications International Union, Local 1B (Printers Unit 2) - Review/Action - C. Carrier/P Dion
2. Collective Bargaining Agreement with Minnesota State Bulding and Construction Trades Council - Review/Action - C. Carrier/P. Dion
3. Board of Regents Policy: Student Education Records - Review - R. McMaster
4. Coordinate Campus Student Services - R. Jones/L. Black/C. Casey/J. Johnson/S. Lehmkuhle
5. Staff Compensation: Trends and Benchmarks - C. Carrier/M. Luther/J. Singer
6. Consent Report - Review/Action - C. Carrier
7. Information Items - C. Carrier

1:30 - 3:30 p.m. Sixth Floor, East Committee Room
Finance & Operations Committee
Regent Frobenius, Chair/Regent Hung, Vice Chair

1. Annual Investment Consultant’s Report: Cambridge Associates - R. Pfutzenreuter/S. Mason
2. Annual Insurance & Risk Management Report - M. Volna/S. Pardoe
3. University Bienniel Budget Update - R. Pfutzenreuter
4. Enterprise Financial System Update - R. Pfutzenreuter
5. Consent Report - Review/Action - R. Pfutzenreuter
6. Information Items - R. Pfutzenreuter

4:00 p.m. - 5:15 p.m. Tour of Biomedical Discovery District, including Winston and Maxine Wallin Medical Biosciences Building, 2101 Sixth Street SE, Minneapolis, and Center for Magnetic Resonance Research, 2021 Sixth Street SE, Minneapolis

6:00 p.m. Dinner with Selected State of Minnesota Commissioners - Eastcliff

FRIDAY, MARCH 11, 2011
7:30 - 8:30 a.m. Breakfast Meeting - Gateway Room

9:00 a.m. - Approximately 10:15 a.m. Sixth Floor, Boardroom
Board of Regents Work Session
Regent Allen, Chair/Regent Cohen, Vice Chair

1. Report: Economic Impact of the University of Minnesota - R. Bruininks/T. Mulcahy/P. Umbach

Immediately Following Board of Regents Work Session, Sixth Floor, Boardroom
Board of Regents Meeting
Regent Allen, Chair/Regent Cohen, Vice Chair

1. Introductions and Recognitions - R. Bruininks/T. Mulcahy
A. McKnight Land-Grant Professors
2. Approval of Minutes - Action - C. Allen
3. Report of the President - R. Bruininks
4. Report of the Chair - C. Allen
5. Receive and File Reports
A. Quarterly Report of Grant & Contract Activity
B. Annual Capital Financing & Debt Management Report
6. Consent Report - Review/Action - C. Allen
A. Report of the All-University Honors Committee
B. Gifts
C. Summary of Expenditures
7. Annual Review of Board of Regents Calendar - C. Allen
8. State of Minnesota Economic Update - T. Stinson
9. Report of the Committees
10. Old Business
11. New Business
12. Adjournment

Committee Consent Reports: Educational Planning & Policy: Academic Program Changes; Facilities: Agreements for Use of university Facilities and Services for USA Cup Soccer 2011, July 14-24, 2011 (Twin Cities Campus); Faculty, Staff & Student Affairs: University Senate Constitution Amendments; Finance & Operations: Purchase of Goods & Services over $1,000,000; Approval of New Investment Managers

Committee Information Items: Audit: External Auditor Relationships and Services Provided; Educational Planning & Policy: Update on University's Strategic Positioning Effort; Facilities: Final Project Review - Northrop Revitalization Phase II Renovation (Twin Cities Campus); Final Project Review - University Recreation Center Expansion (Twin Cities Campus); Project Update - Eastcliff Renovation Projects (Twin Cities Campus); Staff & Student Affairs: Update on Noteworthy Items, Administrative Actions and Policy Issues; Finance & Operations: Quarterly Purchasing Report; Quarterly Investment Advisory Committee Update; Quarterly Asset Management Report; Semi-Annual Management Report; Quarterly Debt Management Advisory Committee (DMAC) Update

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