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Meeting Information

EXECUTIVE SUMMARIES

OCTOBER 5-6, 2000

UNIVERSITY OF VIRGINIA

BOARD OF VISITORS EXECUTIVE SUMMARY

FINANCE COMMITTEE

October 5, 2000

10:15 — 11:30 a.m., Board Room, The Rotunda

 

I. CONSENT AGENDA

    • REVISIONS TO PERMANENT UNIVERSITY IMPLEMENTING

PROCEDURES FOR MEDICAL CENTER PROCUREMENTS -- Approves revisions to the permanent University implementing procedures for Medical Center procurement to correct outdated titles and terminology, increase the threshold for small procurements and sole source justifications from $30,000 to $50,000, and provide for emergency procurement authority.

II. ACTION ITEMS

    1. BOND ISSUANCE — MONROE LANE RESIDENCE HALL -- Approves bond issuance for the Monroe Lane Residence Hall in an amount not to exceed $4.8 million. Total cost for this project is $7.0 million; $2.2 million will be provided by housing revenue.
    2. INSTITUTIONAL PERFORMANCE AGREEMENT (IPA) —- The Governor has requested that the University submit an IPA. The final product is to be submitted to the Secretary of Education by October 6, 2000. This item requires the approval of the Finance Committee and the Board of Visitors.

III. REPORTS BY THE EXECUTIVE VICE PRESIDENT AND CHIEF

OPERATING OFFICER

    1. ENDOWMENT REPORT -- Ms. Handy will report on the market value and performance of the endowment under control of the Rector and Visitors as of August 31, 2000.
    2. REPORT ON ACTIONS OF THE BOARD OF THE UNIVERSITY OF VIRGINIA INVESTMENT MANAGEMENT COMPANY -- Mr. Goodwin will report on the actions taken by the Board of the Investment Management Company at its September 5, 2000, meeting.
    3. VICE PRESIDENT’S REMARKS -- The Executive Vice President and Chief Operating Officer will reports on an update to an annual report to the State Council of Higher Education and the status of the UVa Health Care Plan. The Committee will discuss the pricing policy for the 2001-2002 Tuition and Required Fees. The Finance Committee will also hear a report on the Observatory Hill Dining Facility, which the Buildings and Grounds Committee considered at its September 20, 2000, meeting.
    4. MISCELLANEOUS FINANCIAL REPORTS -- Among several standard financial reports, the Integrated Systems Project (ISP) Implementation Status Report and the Integrated Health Information Management System (IHIMS) Status Report highlight current activities and short-term plans of both projects.

 

 

UNIVERSITY OF VIRGINIA

BOARD OF VISITORS EXECUTIVE SUMMARY

FULL BOARD

October 5, 2000

4:00 — 4:45 p.m., Dome Room, The Rotunda

 

ACTION ITEMS

    • PROFESSORSHIPS —- Approves the establishment of the

following professorships:

    1. The Joseph Weintraub Bank of America Professorship in Law

B. The Teresa Heinz Professorship in Sustainable

Communities in the School of Architecture

C. The Edmund H. Henderson Professorship in Education

D. The Novartis US Foundation Professorship in the Curry

School of Education

    1. The Thomas A. Saunders, III, Family Professorship in Nursing
    2. The Madeline Higginbotham Sly Professorship in Nursing

UNIVERSITY OF VIRGINIA

BOARD OF VISITORS EXECUTIVE SUMMARY

HEALTH AFFAIRS COMMITTEE

October 6, 2000

9:30 — 10:45 a.m., Board Room, The Rotunda

 

  1. CONSENT AGENDA
    1. CONFLICT OF INTEREST EXEMPTION (GENEURON THERAPEUTICS,
    2. INC.) -- Approves an exemption from the Virginia Conflict of Interests Act to allow the University of Virginia to enter into a contract with GeNeuron Therapeutics, Inc., for the development and commercialization of biologically enhanced devices for treatment of neurovascular disease.

    3. CONFLICT OF INTEREST EXEMPTION (RESPIRATORY RESEARCH,
    4. INC.) -- Approves an exemption from the Virginia Conflict of Interests Act to allow the University of Virginia to enter into a contract with Respiratory Research, Inc., to purchase devices to assist researchers in the development of non-invasive markers of airway inflammation.

    5. CONFLICT OF INTEREST EXEMPTION (APACHE MEDICAL SYSTEMS,

INC.) -- Approves an exemption from the Virginia Conflict of Interests Act to allow the University of Virginia to enter into a contract with Apache Medical Systems, Inc., to provide clinically

based decision support information systems, research and consulting services to the healthcare industry.

  1. REPORTS BY THE VICE PRESIDENT AND PROVOST FOR THE

HEALTH SYSTEM

A. UNIVERSITY OF VIRGINIA MEDICAL CENTER FINANCIAL

UPDATE (as of August 31, 2000)-- Mr. Fitzgerald will briefly report on the Medical Center’s finances with figures as of August 31, 2000.

    1. PERFORMANCE IMPROVEMENT PROJECT -- Mr. Carter

will discuss the proposed and approved performance improvement projects, as well as report on the progress of the six established work teams.

C. CLINICAL ISSUES -- Dr. Daniel will report on the new

"Lungs for Life Screening Program" initiated at the UVA Health System.

4

D. Vice President’s Remarks —- Dr. Cantrell will report

on significant developments impacting the Health System that have occurred since the last meeting.

 

UNIVERSITY OF VIRGINIA

BOARD OF VISITORS EXECUTIVE SUMMARY

EDUCATIONAL POLICY COMMITTEE

October 6, 2000

10:45 — 11:45 a.m., Board Room, The Rotunda

 

  • REPORTS BY THE VICE PRESIDENT

A. VICE PRESIDENT’S REMARKS —- Mr. Block will report

on items of interest to the Committee.

B. FACULTY SENATE -- The Chair-Elect of the Faculty Senate will give a report on the Faculty Senate's plans for the coming academic year.

C. REPORT ON RECENT RESEARCH DEVELOPMENTS -- The Vice President for Research and Public Service will give a report on the growth of the University research enterprise and will update the Board on current issues affecting the University’s research agenda.

D. REPORT ON THE STATUS OF 2020 COMMISSION REPORTS --

The President will update the Board on the status of the 2020 Commission reports.

 

UNIVERSITY OF VIRGINIA

BOARD OF VISITORS EXECUTIVE SUMMARY

COMMITTEE ON THE UNIVERSITY OF VIRGINIA'S

COLLEGE AT WISE

October 6, 2000

11:45 a.m. — 12:15 p.m., Board Room, The Rotunda

 

  • REPORTS BY THE CHANCELLOR OF THE UNIVERSITY OF

VIRGINIA'S COLLEGE AT WISE

    1. CHANCELLOR'S REMARKS -- The Chancellor will report on items of interest to the Committee.
    2. ADMISSIONS, DEVELOPMENT & COLLEGE RELATIONS: REORGANIZATION & IMPROVED SERVICES -- The 2000 Virginia General Assembly passed a budget amendment of $325,000 per year and approved new staff positions to improve the College's efforts in marketing, student recruitment, fund development, and communication to targeted constituencies.
    3. WISE-FM RADIO STATION -- After fifteen years of discussion, five years of planning, and a year of construction, the first public radio station in far southwest Virginia became a reality on September 3, 1999.
    4. INTRODUCTION OF THE DEAN OF THE FACULTY AND COMMENTS —-

This item will provide the Board with an opportunity to meet Ms.

Harris and for her to brief the Board regarding an important academic planning discussion.


UNIVERSITY OF VIRGINIA

BOARD OF VISITORS EXECUTIVE SUMMARY

EXTERNAL AFFAIRS COMMITTEE

October 6, 2000

1:15 — 2:15 p.m., Board Room, The Rotunda

 

  1. CONSENT AGENDA
    • UNIVERSITY RELATED FOUNDATION REPRESENTATIVES —-

Approves the Board of Visitors representatives to the governing boards of University-Related Foundations.

II.UNIVERSITY-RELATED FOUNDATIONS —- Mr. Sandridge will review information requested by the Board of Visitors pertaining to University-Related Foundations.

III.REPORTS BY THE VICE PRESIDENT FOR DEVELOPMENT

A. VICE PRESIDENT’S REMARKS —- Review of a range of fund-

raising initiatives and report on overall fund-raising and program progress.

    • PERFORMANCE ASSESSMENT -- Review of Fiscal

Year 2000 progress, highlighting statistical data as well as programs and projects completed.

    • ANNUAL OBJECTIVES —- Highlights of goals and

tactics for Fiscal Year 2001.

    • KEY ISSUES —- Planning issues related to

fund-raising, public affairs, University funding and strategic directions.

    • PHILANTHROPIC CASH FLOW —- Cash flow progress,

including comparisons with previous fiscal years.

    • CAMPAIGN PROGRESS —- Campaign totals through

August 2000.

B. PUBLIC RELATIONS STRATEGY —- Discussion of the key

elements of the draft public affairs and marketing report.

C. WEB STRATEGY —- Review of a proposal to create a

single web interface for the University’s various

constituencies.

D. YOUNG ALUMNI COUNCIL REPORT —- A representative from the Young Alumni Council will discuss their efforts to communicate with recent graduates to foster and sustain involvement and support of the University of Virginia and the Alumni Association.

 

 

UNIVERSITY OF VIRGINIA

BOARD OF VISITORS EXECUTIVE SUMMARY

STUDENT AFFAIRS AND ATHLETICS COMMITTEE

October 6, 2000

2:15 — 2:45 p.m., Board Room, The Rotunda

 

I. REPORTS BY THE VICE PRESIDENT FOR STUDENT AFFAIRS

    1. REMARKS BY THE VICE PRESIDENT —- The Vice President for Student Affairs will inform the Board of Visitors of recent events which do not require formal action, but of which they should be made aware.
    2. FRATERNITY WORKING GROUP UPDATE — The Chair of the Student Affairs and Athletics Committee will update the Board of Visitors on the current efforts and new directions the Fraternity Working Group is pursuing.

II. REPORTS BY THE ATHLETIC DIRECTOR

A. REMARKS BY THE ATHLETIC DIRECTOR —- The Athletic Director will inform the Board of Visitors of recent events which do not require formal action, but of which they should be made aware.

B. STRATEGIC PLANNING TASK FORCE FOR ATHLETICS —- The Chair of the Strategic Planning Task Force will report on the progress of the group to date.

 

UNIVERSITY OF VIRGINIA

BOARD OF VISITORS EXECUTIVE SUMMARY

AUDIT COMMITTEE

October 6, 2000

2:45 — 3:00 p.m., Board Room, The Rotunda

 

OPEN SESSION

  • ACTION ITEM

Audit Plan —- Ms. Deily will report on Audit Plan Accomplishment — Fiscal Year 1999-00.



UNIVERSITY OF VIRGINIA

BOARD OF VISITORS EXECUTIVE SUMMARY

AUDIT COMMITTEE

October 6, 2000

3:00 — 3:45 p.m., Board Room, The Rotunda

 

EXECUTIVE SESSION

 

  • PRESENTATION OF REPORTS

A. SUMMARY OF AUDIT FINDINGS -— Ms. Deily recommends

approval of the following Audit reports: Parking and Transportation, Molecular Physiology and Biological Physics, Department of Ophthalmology, Department of Neurological Surgery, Division of Contract Management, Department of Plastic Surgery, University of Virginia’s College at Wise, Newcomb Hall Operations. Ms. Deily will also give an update on any pending Investigative Audits.

B. SUMMARY OF COMPLIANCE FINDINGS -— Mr. Frank recommends approval of the following Health System Compliance reports: Transfer vs. Discharge, DRB Pneumonia, Bilirubin Lab Test, PSA Lab Test, and Lab Audit.

C. COMPLIANCE PROJECT SCHEDULE —- Mr. Frank will present the planned project schedule for Fiscal Year 2000-01 to be approved by the Board.

 

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Last Modified: Monday, 02-Jul-2012 14:32:13 EDT
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