Committee Members:

Hovey S. Dabney, Ex Officio John P. Ackerly, III Elsie Goodwyn Holland Franklin K. Birckhead Charles F. Irons Mortimer M. Caplin Evans B. Jessee Charles M. Caravati, Jr. Arnold H. Leon

Champ Clark C. Wilson McNeely, III Warner N. Dalhouse Albert H. Small William H. Goodwin, Jr. Elizabeth A. Twohy T. Keister Greer Henry L. Valentine, II

Committee Members:

Mortimer M. Caplin, Chair Arnold H. Leon Franklin K. Birckhead C. Wilson McNeely, III

Warner N. Dalhouse Henry L. Valentine, II William H. Goodwin, Jr. Hovey S. Dabney, Ex Officio

I. CONSENT AGENDA (Mr. Sandridge)
	A. Amendment of Medical Center 1996-97 Budget	1
	B. Virginia College Building Authority Pooled	2
 		Bond Program	
	C. Parking Revenue Bonds			6
	D. Davenport Quasi-Endowment			8
	E. Department of Surgery Quasi-Endowment	8

II.  ACTION ITEMS (Mr. Sandridge)
	A. Summer Session Rates, 1997-98		11
	B. Student Housing Rates, 1997-98		14
		1.  Academic Division
		2.  Clinch Valley College
	C.  Transfer of Currie Estate Property to 	18
		University of Virginia Foundation 
		(University of Virginia Real Estate 
		Foundation)	

III.  REPORTS BY THE EXECUTIVE VICE PRESIDENT AND CHIEF   
	FINANCIAL OFFICER 
	A.  Vice Presidents Remarks
		1. Budget Update (Mr. Sandridge to introduce	21
 		Ms. Capone; Ms. Colette Capone to report)
		2.  Year 2000 Impact and Plan (Mr. Sandridge	26 
		to introduce Ms. McClure; Ms. Polley A.	
 		McClure to report)	
	B.  Endowment Report (Mr. Sandridge to introduce Ms.	
 		Handy; Ms. Alice W. Handy to report)
		2. Activities of Investment Subcommittee	27
		3. Market Value and Activities as of		28
		December 31, 1996
	C.  Miscellaneous Financial Reports
		1. Academic Division Accounts and Loans 	33
 		Receivable	
		2. Capital Campaign Gift Report			35
		3. Disinvestment of Unrestricted 		36
		Quasi-Endowment	to Fund Capital Campaign 
		Expenses	
		4. Faculty Mortgage Loans			37
		5. Internal Loans to University Departments	38
 		and Activities		
		6. Medical Center Write-off of Bad Debts	39
 		and Indigent Care	
		7. Quarterly Budget Report			41
		8. Sponsored Program Restricted Grants		46
		and Contracts