USVI Public Records

Document text

1 UNIVERSITY OF THE VIRGIN ISLANDS RESOLUTION OF THE BOARD OF TRUSTEES To ratify the actions taken in Regular Session by the Executive Committee of the Board of Trustees (“the Board”) of the University of the Virgin Islands for the Board WHEREAS, Article VI, Section 1 (a) of the Bylaws of the University of the Virgin Islands states in part, “The Executive Committee may act for the Board between Board meetings, in the event of emergencies requiring Board action;” and WHEREAS, that section of the Bylaws further states, “The Executive Committee shall report to the Board at its next meeting on all actions taken by it, and the Board shall ratify or revoke such actions,” and WHEREAS, the last meeting of the Board was on October 27, 2012; and WHEREAS, during the Regular Session of a meeting on December 13, 2012, the Executive Committee (“the Committee”) acted for the Board as follows: • A resolution was presented to the Executive Committee to authorize the University P resident and the Vice President for Administration and Finance to loan to the RTPark the amount of the payment due on or about December 5, 2012 to Aireko for construction of the RTPark Building. The Executive Committee unanimously approved the resolution. The action is being forwarded for ratification by the full Board. • The draft Human Resources Policy Manual was presented to the Executive Committee of the Board for review and approval. President Hall noted that the document was vetted through the shared governance process at the University as well as through Cabinet. He also noted that the manual was reviewed and was being recommended by the Finance and Budget Committee, for review and approval by the Executive Committee, acting on behalf of the Board, due to the fact that the current manual was outdated and the Board was not scheduled to meet until March 2013. The Executive Committee approved the Human Resources Policy Manual. The action is being forwarded for ratification by the full board. • President Hall reported that the Administration had reached an agreement on the basic terms with Caribbean Wind for the solar energy project. He added that UVI Legal Counsel, Attorney Samuel Hall, informed him that the full agreement will be ready for approval in two weeks. He stated that the Administration needed the Executive Committee’s approval of the agreement before Caribbean Wind can move to the design, permitting and construction stages. He noted that approval of the matter would realize the University possible monthly savings of approximately $108,000, so each month’s delay was significant. The action is being forwarded for ratification by the full board. 2 NOW THEREFORE BE IT RESOLVED BY THE BOARD, The actions taken by the Executive Committee of the Board during the Regular Session of its meeting on December 13, 2012, which is detailed above, is hereby ratified. CERTIFICATION The undersigned hereby certifies that the foregoing is a true and exact copy of a resolution approved by the Board of Trustees of the University of the Virgin Islands at a meeting on Saturday, March 9, 2013, as recorded in the minutes of that meeting. March 9, 2013 Secretary of the Board Date