May 2021 Board of Regents Meeting
Agenda
Thursday, May 13, 2021
8:00 a.m.
Litigation Review Committee
Regent McMillan, Acting Chair
1. Resolution to Conduct Non-Public Meeting of the Litigation Review Committee to Discuss Attorney-Client Privileged Matters – Review/Action – D. Peterson
8:00 a.m.
Audit & Compliance Committee
Regent Rosha, Chair/Regent Kenyanya, Vice Chair
1. Review of External Auditor Relationship and Services Provided – S. Paulson
2. Update on Access Management Audit Findings and Recommendations – B. Gulachek/
Q. Gaalswyk/N. Kufner
3. Conflict of Interest Program Overview – B. Kumher/J. Guden
4. Information Items – G. Klatt
9:30 a.m.
Finance & Operations Committee
Regent McMillan, Chair
15 min break to be taken at call of the Chair
1. President’s Recommended FY 2022 Annual Capital Improvement Budget – Review – J. Gabel/M. Frans/M. Berthelsen
2. Cost of University Benefits – K. Horstman
3. FY 2021 Annual Operating Budget Update – M. Frans/J. Tonneson
4. Board of Regents Policy: Targeted Business, Urban Community Economic Development, and Small Business Programs – Review – T. Marisam/S. Banks
5. Real Estate Transaction – Review – L. Krueger
A. Sale of Murphy Warehouse – 701 24th Avenue Southeast, Minneapolis, Minnesota (Twin Cities campus)
6. Consent Report – Review/Action – M. Frans
7. Information Items – M. Frans
2:00 p.m.
Mission Fulfillment Committee
Regent Davenport, Acting Chair
15 min break to be taken at call of the Chair
1. Promotion and Tenure, and Annual Continuous Appointments - Review/Action – R. Croson/R. Ropers
2. Faculty Development – R. Ropers/K. Varma
3. Employee Engagement: Faculty – P. Buhlmann/B. Sullivan
4. Board of Regents Policy: Student Education Records – Review – S. Tidball
5. Consent Report – Review/Action – R. Croson
6. Information Items – R. Croson
Friday, May 14, 2021
8:00 a.m.
Board of Regents Meeting
Regent Powell, Chair/Regent Sviggum, Vice Chair
1. Recognitions – K. Powell/J. Gabel
A. Vice President for Research
2. Approval of Minutes – Action – K. Powell
3. Report of the President – J. Gabel
4. Report of the Chair – K. Powell
5. Receive & File Reports
A. Review of the President’s Delegations
6. Consent Report – Review/Action – K. Powell
A. Gifts
B. Report of the Naming Committee
C. Report of the All-University Honors Committee
7. Board of Regents Policy: American Indian Advisory Boards – Action – M. Goh/T. Johnson
8. Campus Strategy: UMC – M. Holz-Clause
9. Report of the Committees
10. Old Business
11. New Business
12. Adjournment
Committee Consent Reports:
Finance & Operations: Central Reserves General Contingency Allocations; Purchase of Goods and Services
$1,000,000 and Over; Employment Agreements; Resolution Related to Issuance of Debt; Real Estate
Transactions; Schematic Designs; Extension of Principles for Allocating Federal COVID-19 Relief Funds;
Approval of Underwriting/Investment Banking Services.
Mission Fulfillment: Academic Program Changes; Conferral of Tenure.
Committee Information Items:
Audit & Compliance: Engagements Less Than $100,000 Requiring After-the-Fact Reporting; Semi-Annual Institutional Compliance Officer’s Report.
Finance & Operations: Annual Investment Performance: Peer Comparisons; Annual Report on Targeted
Business, Urban Community Economic Development, and Small Business Programs; Investment Advisory
Committee Update; Progress Report on Sustainability & Energy Efficiency Targets and Standards; Quarterly
Asset Management Report; Revised Annual Report on Faculty Compensation; Semi-Annual Management
Report – Unaudited.
Mission Fulfillment: University, Student, Faculty, and Staff Activities and Awards; 2021 Biennial Report on MnDRIVE
to Minnesota State Legislature.
[Tentative Item]