Monday - Friday
8:00AM - 5:00PM
Home > Board of Directors > September 29, 2004
Board of Directors
September 29 , 2004 - SummaryITEM I
APPROVAL OF UNIVERSITY CORPORATION BOARD OF DIRECTORS MINUTES FOR May 20, 2004
The minutes were approved.
ITEM II
RECEIPT OF EXECUTIVE COMMITTEE MINUTES OF SEPTEMBER 15, 2004
MSP: That The University Corporation Board of Directors receive The University Corporation Executive Committee minutes of September 15, 2004.
ITEM III
CONSENT AGENDA (SEPTEMBER 15, 2004 EXECUTIVE COMMITTEE MEETING)
MSP: That The University Corporation Board of Directors approve the consent agenda as recommended:
A. Capitalization Policy (Executive Committee Item #3):
That The University Corporation Board of Directors approve the capitalization policy as proposed.
B. Attorney of Record (Executive Committee Item #8):
That The University Corporation Board of Directors name Robert J. Carlson attorney of record for The University Corporation.
C. Workers Compensation (Executive Committee Item #9):
That The University Corporation Board of Directors authorize and empower the President or Secretary of The University Corporation to make application for a certificate of consent to self insure, to the Department of Industrial Relations of the State of California, and to execute any and all documents required for such application, including the instrument of undertaking in furnishing security.
ITEM IV
DISCUSSION & ACTION ITEMS (SEPTEMBER 15, 2004 EXECUTIVE COMMITTEE MEETING
A. College Court (Executive Committee Item #4):
There was discussion concerning the size and impact of the proposed incentive.
MSP: To send the proposed incentive plan for early move-out back to staff for futher review.
B. Metered Parking (Executive Committee Item #5):
The proposal is to install thirty-nine parking spaces, including five handicapped spaces, in a portion of the lawn area west of Chisholm Hall. The plan will be reviewed by the Campus Environmental Planning Board.
MSP: That The University Corporation Board of Directors approve a gift of up to $210,000 to California State University, Northridge, to provide for one-half the cost of constructing the metered parking lot, said gift to be allocated from University Corporation reserves
C. USU Renovation (Executive Committee Item #6):
Phase II includes a relocated Mercantile Exchange convenience store and a new coffee house at the Lindley entrance to the new USU promenade. Phase II projects will go out to bid in early 2005 and will be completed later in the year.
MSP: That The University Corporation Board of Directors approve a $133,000 allocation for the relocated Mercantile Exchange and a $275,000 allocation for the new coffee house in the USU, with the understanding that any surplus funds from either project may be used to cover any deficit in the other project.
D. Reserves Policy(Executive Committee Item #7):
The new policy implements the recommendations of the Ad Hoc Committee on The University Corporation Reserves.
MSP: That The University Corporation Board of Directors approve the new University Corporation Reserves Policy as proposed.
ITEM V
ANNOUNCEMENTS
Campus pouring Rights Contract
The Corporation’s ten-year agreement with Pepsi ends in December. Pepsi and Coca-Cola will submit bids for the new contract.
Vending:
The Corporation has contracted with a new vending company for products other than carbonated soft drinks. The company has installed new machines throughout campus and pays a higher commission.
University Club:
New signage will be installed on Nordhoff Street and Zelzah Avenue. The main dining room will be renamed the Orange Grove Bistro and will feature a new menu and a fruit-crate art theme decor.
