September 2017

Meeting Date: 
Thursday, September 7, 2017 to Friday, September 8, 2017

THURSDAY, SEPTEMBER 7, 2017

7:45 – 10:15 a.m. Sixth Floor, Boardroom
Finance & Operations Committee
Regent Anderson, Chair/Regent Johnson, Vice Chair
1. 2017-18 Committee Work Plan – T. Anderson/B. Burnett
2. Six-Year Capital Plan and 2018 State Capital Request – Review – B. Burnett/M. Berthelsen
3. Expansion of Commercial Paper Program – Review – B. Burnett/M. Volna/C. Fleck/S. Mason
4. Update to Asset Allocation Guidelines – Review – B. Burnett/S. Mason/A. Parks
5. Consent Report – Review/Action – B. Burnett
6. Information Items – B. Burnett

10:30 a.m. – 11:30 a.m. Sixth Floor, West Committee Room
Audit & Compliance Committee
Regent Cohen, Chair/Regent Powell, Vice Chair
1. 2017-18 Committee Work Plan – L. Cohen/G. Klatt
2. Review of the Charters that Guide Internal Audit Work – G. Klatt
3. Institutional Risk Profile: Part I – Process and Plan for Updating – G. Klatt

10:30 a.m. – 11:30 a.m. Sixth Floor, East Committee Room
Litigation Review Committee
Regent Beeson, Chair/Regent Johnson, Vice Chair
1. Resolution to Conduct Non-Public Meeting of the Litigation Review Committee to Discuss Attorney-Client Privileged Matters – Review/Action – D. Peterson

11:30 a.m. - 12:30 p.m. Sixth Floor, East Committee Room
Board of Regents Meeting
Regent McMillan, Chair/Regent Powell, Vice Chair
1. Resolution to Conduct Non-Public Meeting of the Board of Regents to Discuss Labor Negotiations Strategy and Attorney-Client Priveleged Matters - Review/Action - D. Peterson

12:30 – 1:30 p.m. Board of Regents Lunch

1:30 – 4:30 p.m. Sixth Floor, Boardroom
Mission Fulfillment Committee
Regent Omari, Chair/Regent Simmons, Vice Chair
1. 2017-18 Committee Work Plan – A. Omari/K. Hanson
2. Report on Undergraduate and Graduate Academic Program Changes – K. Hanson/K. Hayes/C. Cramer/M. White/B. Keinath/F. Delgado/J. Dworkin/P. Siliciano
3. System-Wide Enrollment Planning – L. Carrell/S. Olson-Loy/R. McMaster
4. Role of University Libraries in Advancing the Three-Part Mission – K. Hanson/W. Lougee
5. Consent Report – Review/Action – K. Hanson
6. Information Items – K. Hanson

6:00 p.m. Dinner with UMF Leaders – Eastcliff

FRIDAY, SEPTEMBER 8, 2017
7:45 – 8:15 a.m. Official Board Portrait – Memorial Hall, Northrop Auditorium

8:45 – 10:15 a.m. Sixth Floor, Boardroom
Governance & Policy Committee
Regent Rosha, Chair/Regent Beeson, Vice Chair
1. 2017-18 Committee Work Plan – D. Rosha/B. Steeves
2. Board of Regents Policy: Institutional Conflict of Interest (Change in Financial Disclosure Requirements) – Review – B. Kumher
3. Board Operations: Part 1 – Fundamental Planning Documents – B. Steeves
4. Committee Charges: Finance & Operations Committee – B. Burnett/J. Langworthy

15 min Following Adjournment of Governance & Policy Committee – 12:00 p.m.
Sixth Floor, Boardroom
Board of Regents Meeting
Regent McMillan, Chair/Regent Powell, Vice Chair
1. Recognitions – D. McMillan/E. Kaler
    A. University of Minnesota Libraries
2. Introductions – E. Kaler
    A. Dean, College of Design
    B. Dean, College of Pharmacy
    C. Faculty Consultative Committee Chair
3. Approval of Minutes – Action – D. McMillan
4. Report of the President – E. Kaler
5. Report of the Chair – D. McMillan
6. Receive & File Reports
    A. Summary of Expenditures
    B. Quarterly Report of Grant & Contract Activity
7. Consent Report – Review/Action – D. McMillan
    A. Gifts
    B. Summary of Expenditures 
8. System-Wide Strategic Plan Next Steps – E. Kaler
9. UMF Report and Update – K. Schmidlkofer/J. Lindahl/N. Lindahl 
10. Report of the Committees
11. Old Business
12. New Business
13. Adjournment

Committee Consent Reports:
Finance & Operations: Central Reserves General Contingency Allocations; Purchase of Goods and Services $1,000,000 and Over; Real Estate Transaction: Purchase of 63.14 Acres, Clearwater County (Itasca Biological Station and Laboratories); Real Estate Transaction: Purchase of 614 Huron Boulevard SE, Minneapolis (Twin Cities Campus).
Mission Fulfillment: Academic Program Changes; Conferral of Tenure for Outside Hires. 

Committee Information Items:
Finance & Operations: Annual Asset Management Report; Quarterly Purchasing Report; Real Estate Report; Investment Advisory Committee Update; Debt Management Advisory Committee Update; Final Project Review: Health Sciences Education Center (Twin Cities Campus).
Mission Fulfillment: Student, Faculty, and Staff Activities and Awards.

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