Regents Rundown

The Board of Regents will meet in its entirety today at the University Center Rochester’s Coffman Center in Rochester, Minn. Regents will meet from 10:45 a.m. until 12:45 p.m. in room CF206/208. The following are highlights from some major issues before the board.

Regents will vote to adopt the University’s biennial capital request. This $134.3 million request for capital funding is brought to the governor and Legislature for consideration every other year. Excluding some employee retirement funds and replacement funding, the University will provide one-third of the total capital costs.
Bob Bruininks, University executive vice president and provost, and Frank Cerra, University senior vice president, will lead a discussion regarding academics and programs at the University of Minnesota-Rochester.
They will review the University’s academic priorities and plans, review proposals for program development and highlight plans to expand health sciences programs. The University will present an institutional report to the Legislature in January 2000.
The board will vote on the appointment of Ann Cieslak as their interim corporate secretary and executive director. If approved, Cieslak would serve through June 2001 or until a successor is chosen and would receive an annual salary of $90,000.
University President Mark Yudof and Gerald Fischer, development associate vice president and the University of Minnesota Foundation’s president and chief executive officer, will present the capital campaign priorities for the board’s vote.
The two will then recommend appointments to the University of Minnesota Foundation’s board of trustees. Traditionally, regent appointments serve three-year terms. Josie Johnson and H. Bryan Neel III will be recommended for reappointment. Patricia Spence and Marvin Borman will be recommended as new appointments. All would serve from November 1999 to 2002. Yudof continually serves on the foundation’s board.
University treasurer and Associate Vice President, Georgina Stephens will present the asset and debt management report. This annual report is presented at the end of each fiscal year and allows regents to monitor results of the University’s management of invested assets and outstanding debt.
Regent committee reports, University gifts and a civil service committee report will also be before the regents today.

Kristin Gustafson covers University administration and welcomes comments at [email protected]