SO WELCOME, REGENTS, AND GUESTS WE'RE LIVE STREAMING AND RECORDING THIS BOARD [C. 12:30 p.m. CALL TO ORDER/PUBLIC MEETING, Chair Glen Gallegos presiding] [00:00:06] MEETING. SO KEEP THAT IN MIND. REGENT KROLL, WILL YOU LEAD US IN THE PLEDGE OF ALLEGIANCE? SURE WILL. ALL RIGHT, MARK'S GOT THE FLAG UP AND WE'LL COMMENCE. I PLEDGE ALLEGIANCE TO THE FLAG OF THE UNITED STATES OF AMERICA AND TO THE REPUBLIC FOR WHICH IT STANDS, ONE NATION UNDER GOD, INDIVISIBLE, WITH LIBERTY AND JUSTICE FOR ALL. THANK YOU, REGENT KROLL. THE APPROVAL OF THE AGENDA IS THE NEXT ORDER OF BUSINESS. AGENDA? I MOVE IT IS MOVED BY REGENT WHO WAS THE FIRST ONE HERE. SMITH. MOVED BY REGENT SMITH, SECONDED BY HILL REGION HILL. ALL IN FAVOR, SAY AYE. AYE. OPPOSED TO APPROVING THE BOARD OF REGENTS MEETING AGENDA, SAY NO. MOTION PASSES, SO WE'LL MOVE TO OUR NEXT STOP ON THE AGENDA, AND THAT'S OUR PUBLIC COMMENT. TODAY, WILL [INAUDIBLE] PUBLIC COMMENT FROM THOSE WHO HAVE SIGNED UP FIRST WE WILL HAVE TWO MINUTES TO SPEAK. AND WE CERTAINLY WELCOME ALL OF THE PEOPLE THAT ARE TAKING THE TIME TO COME AND ADDRESS THE BOARD TODAY. AND WITH THAT, WE WILL GET STARTED WITH OUR FIRST PERSON. HELLO AGAIN, I AM BACK TODAY TO REFLECT ON THE EVENTS AND FALL AND TO INTRODUCE THE NEW STUDENT LED PUSHES THIS SPRING, I AM NOT HERE TO EXPRESS MY DISSATISFACTION OF TUITION REMAINING THE SAME. I'M GOING TO GET RAW IN REAL WITH NO SHAME IN THE PASSION I HAVE FOR FAIRNESS AND BETTER STUDENT REPRESENTATION. IN FALL, MARK KENNEDY REFUSED TO MEET AND HEAR STUDENTS CONCERNS. JACK KROLL NEVER RESPONDED TO THE STUDENTS MANY EMAILS. SUE SHARKEY ACKNOWLEDGED EVERYONE BUT THE STUDENTS IN HER STATEMENT AT THE NOVEMBER 11TH MEETING. DEAN MATUSIK ASKED THAT I STOP MY EFFORTS IN ORDER TO PRESERVE FUTURE REVENUE. WHEN INTRODUCING THE ISSUE OF TUITION TO THE REGENTS [INAUDIBLE] SEEMED FINE WITH IT. AND THERE IS THE LACK OF [INAUDIBLE] LEADERS TO SOLVE THE STUDENT ISSUE PRESENTED. I'M CONFUSED AND DISAPPOINTED IN THE LEADERS OF THIS INSTITUTION. THERE IS OBVIOUS BUREAUCRATIC NONSENSE AND POLITICS AT PLAY AND THE STUDENTS BEAR THE RAMIFICATIONS OF IT. ALL OF THIS WAS MORE DISAPPOINTING THAN LOSING THE VOTE FOR REDUCED TUITION. WHY IS IT THAT WHEN I SPOKE AT THE SEPTEMBER 10TH BOARD MEETING AND FOLLOWED UP BY EMAIL, I DIDN'T EVEN GET A RESPONSE FROM ANY OF YOU? TIME AND TIME AGAIN, STUDENTS CAME TO ME WITH THEIR ISSUES BECAUSE THE BOARD OF REGENTS WERE UNKNOWN AND ACCESSIBLE AND INTIMIDATING. THIS IS THE ISSUE THAT I AIM TO SOLVE. I PRESENT THESE EXAMPLES TO NOT ATTACK, BUT TO DISPLAY AN OBVIOUS NEED FOR BETTER ACCESSIBILITY, TRANSPARENCY AND STUDENT REPRESENTATION. THE REGENTS ARE SUPPOSED TO REPRESENT THEIR CONSTITUENTS HOLISTICALLY, BUT IT'S CLEAR THAT YOU ALL ARE AN EMPLOYEE OF THE FACULTY AND STAFF, ESPECIALLY THE PRESIDENT AND SENIOR LEADERSHIP. IF THAT FEELS LIKE AN OFFENSIVE COMMENT [INAUDIBLE] INDICATES THERE IS AN ELEMENT OF TRUTH TO IT. I URGE YOU TO REFLECT ON THIS. THE STUDENTS AT ABOUT TWO THIRDS OF THE CU COMMUNITY ARE YOUR LARGEST STAKEHOLDERS AND WE ARE BACK. WE THE TOO MUCH TO SEE YOU CAMPAIGN AND [INAUDIBLE] CLUB REPRESENTING OURSELVES AND SUPPORTERS ARE BACK TO PUSH FOR FAIRNESS. WE WANT A COMMITTEE WHOSE PURPOSE IS TO BRIDGE THE GAP BETWEEN REGENTS AND STUDENTS AND PROTECT THE STUDENTS INTERESTS DIFFERENT FROM STUDENT GOVERNMENT FROM WHOM I'VE YET TO RECEIVE THE RESPONSE FROM. NEXT WE ARE PUSHING FOR LEGISLATIVE ACTION TO GET STUDENT REGENTS ON THE BOARD. AND LASTLY, WE WANT THE SCHOOL TO GIVE THE CU COMMUNITY, NOT JUST STUDENTS, BUT FACULTY AND STAFF WHO HAVE TAKEN PAY CUTS A PORTION OF THE FEDERAL FUNDING RECEIVED IN RELIEF PACKAGES SUCH AS THE CARES ACT. DEAN MATUSIK HAS INSINUATED THAT MY EFFORTS ARE THE THREAT TO THE SCHOOL'S REPUTATION. BUT I SIMPLY SPEAK UP AND TELL PEOPLE WHAT'S GOING ON. IT IS YOU, YOUR DECISIONS, YOUR MANAGEMENT, AND ATTEMPT TO THRIVE, NOT JUST SURVIVE DURING THIS PANDEMIC THAT IS THREATENING THE DESIRABILITY OF THE UNIVERSITY OF COLORADO. I WOULD LOVE TO SPEAK MORE WITH ANY OF YOU WILLING TO WORK TOGETHER, BUT FOR NOW, THAT'S ALL. THANK YOU FOR YOUR TIME. SOPHIE, THANK YOU FOR YOUR COMMENTS TO THE BOARD OF REGENTS AGAIN AND FOR TAKING THE TIME TO BE HERE APPRECIATE IT VERY MUCH. THANK YOU FOR HAVING ME. NOW, WE'LL MOVE TO OUR NEXT SPEAKER, AND I'M NOT SURE OF THE NAME, BUT VAYLE LAFFER IS GOOD. I HOPE THAT'S THE WAY YOUR NAME IS PRONOUNCED. [00:05:02] IF NOT YOU CAN CORRECT ME ON THAT, BUT YOU'RE OUR NEXT SPEAKER AND YOU HAVE THE FLOOR. THANK YOU. IT'S VAYLE LAFFER, BUT YOU DID PRETTY CLOSE. THANK YOU. HELLO AND WELCOME. CU BOARD OF REGENTS TODAY I AM SPEAKING ON BEHALF OF ALL THE RESIDENT ADVISORS WORKING IN CU BOULDER RESIDENTIAL COMMUNITIES. I AM ALSO A MEMBER OF UCW COLORADO THE UNION FOR WORKERS AT ALL CU CAMPUSES. CU BOULDER HAS GENERALLY ADMITTED TO THE SHORTCOMINGS THEY ARE RESPONSIBLE FOR FROM LAST SEMESTER IN TERMS OF PROTECTING THE HEALTH AND SAFETY OF STUDENT EMPLOYEES LIVING ON CAMPUS. WE RECOGNIZE AND APPRECIATE YOUR AWARENESS OF WEAKNESSES AND WILLINGNESS TO ADDRESS THEM. HOWEVER, THERE HAS BEEN NO INFORMATION OR CLEAR OUTLINE ON CU BOULDER HAS LEARNED FROM HANDLING COVID-19 LAST SEMESTER, ESPECIALLY IN TERMS OF RA SAFETY. FIRSTLY, CU BOULDER HAS BEEN UNDER SCRUTINY BY MANY GROUPS, INCLUDING INDEPENDENT STUDENT JOURNALISTS, COLORADO NEWSPAPERS, UCW FACULTY MEMBERS, AS WELL AS RA'S THEMSELVES WHEN IT COMES TO STUDENT WORKER HEALTH AND SAFETY. LAST SEMESTER CU BOULDER RA'S PETITIONED FOR HAZARD PAY AND RESTITUTION FOR HEALTH RISKS, MORE TRANSPARENCY IN TERMS OF ISOLATED CASES, MORE SAFETY MEASURES IN PPE, AND A MORE EFFECTIVE PROCEDURE FOR CONTROLLING THE OUTBREAK. MANY RA'S HAVE RESIGNED DUE TO PHYSICAL AND MENTAL CONCERNS RELATED TO THE NATURE OF THE JOB, WHICH HAS DRASTICALLY CHANGED DUE TO COVID-19. WIDESPREAD RA RESIGNATION BOTH THIS SEMESTER AND LAST HAS FORCED THINGS LIKE EXTRA ON-CALL NIGHTS, PROGRAMING NIGHTS AND INCREASED OPENING DESK SHIFTS WITHOUT COMPENSATION. RA'S, LIKE MYSELF, WOULD LIKE TO KNOW HOW CU PLANS TO ADDRESS THIS ISSUE. ONE DECISION CU BOULDER MADE IN THE NAME OF PROTECTING THE HEALTH AND SAFETY OF STUDENT EMPLOYEES WAS REOPENING DORMS ONE MONTH LATER THAN THE ORIGINAL START DATE. ON BEHALF OF ALL RA'S, I'D LIKE TO KNOW HOW THIS DECISION SPECIFICALLY INFLUENCED THE HEALTH OF THE COMMUNITY AND WHAT THE STATISTICS ON COVID-19 CASE REDUCTION ARE AS A RESULT OF DELAYING THE MOVE IN DATE. I'D ALSO LIKE TO KNOW WHY THE DELAY WAS NOT IMPLEMENTED SO THAT RA'S WOULD HAVE ENOUGH TIME TO BECOME VACCINATED. FOLLOWING UP ON THIS WHEN, IF EVER, WILL RA'S BE VACCINATED, COVID-19 HAS NOT GONE ANYWHERE. RA'S CALL FOR SPECIFIC OBJECTIVES FOR ADDRESSING SHORTCOMINGS FROM LAST SEMESTER SO THEY MAY HOLD CU ACCOUNTABLE FOR PROTECTING THEIR HEALTH AND SAFETY THIS SPRING AND BEYOND. THANK YOU FOR HAVING ME. THANK YOU FOR YOUR TIME AS WELL. REGENTS YOU CERTAINLY CAN WEIGH IN IF YOU'D LIKE TO ON ANY OF THESE SPEAKERS. SO MOVING ON. BEFORE WE MOVE ON, IT WOULD BE INTERESTING TO HEAR IF THE CAMPUS HAS ANY RESPONSE TO MS. LEFFER'S COMMENTS THERE. I KNOW THAT WE SHARE IN OUR ADVOCACY TO GET THE STATE GOVERNMENT TO RECOGNIZE THE VALUE OF VACCINATING CU FACULTY AND STAFF WHO ARE ON THE FRONT LINES, BUT MAYBE CHANCELLOR DISTEFANO OR CHIEF OPERATING OFFICER O'ROURKE HAS SOME COMMENTS IN THAT VEIN. PAT WOULD YOU LIKE TO START? AND I CAN FOLLOW UP. ABSOLUTELY. SO I APPRECIATE THE QUESTION, REGENT KROLL WE ARE CURRENTLY WORKING TO TRY TO BE ABLE TO OBTAIN VACCINATION FOR FRONTLINE STAFF AND FACULTY WHO HAVE IN-PERSON STUDENT EXPERIENCES, BUT THAT CURRENTLY THAT THE STATE HAS NOT PRIORITIZED HIGHER EDUCATION ABOVE THE GENERAL POPULATION UNLESS THEY ARE OVER THE AGE OF 70 OR THEY HAVE SOME TYPE OF HEALTH COMORBIDITY. WE'RE CURRENTLY TALKING TO OFFICIALS OF THE STATE AS SOON AS WE HAVE THE ABILITY TO REQUEST AND OBTAIN VACCINE THAT RA'S ESSENTIAL STAFF AND OTHERS ARE PART OF OUR VACCINATION PRIORITIZATION ON THE CAMPUS, BUT THAT WE ARE STILL REQUESTING EACH WEEK THAT VACCINE BE ALLOCATED TO THE CAMPUS AND WE WILL DISTRIBUTE IT AS QUICKLY AS WE CAN, INCLUDING INTO OUR RA POPULATION, WHICH WE PRIORITIZED INTERNALLY. AND THEN IN BETWEEN NOW AND THEN, BECAUSE WE DON'T HAVE I MEAN, WHAT I'M HEARING FROM YOU IS WHILE WE CAN ADVOCATE FOR VACCINATIONS WE DON'T HAVE CONTROL COMPLETELY OVER WHEN WE MIGHT BE GRANTED THE OPPORTUNITY TO VACCINATE THESE HIGH PRIORITY POPULATIONS. WHAT STEPS, IF ANY, HAVE WE DONE TO RECOGNIZE THE WORK THAT OUR RA'S ARE DOING AND THE CRUCIAL ROLE THAT THEY PLAY IN OUR RETENTION EFFORTS AND JUST THE ABILITY TO MAINTAIN OUR OPERATIONS. HAVE WE DONE ANYTHING TO MAKE THEIR LIVES BETTER? WE DID PROVIDE ONE TIME PAYMENTS TO THEM LAST FALL IN RECOGNITION OF ADDITIONAL WORK THAT THEY'VE BEEN ASKED TO HAVE TO TAKE ON. WE'RE ALSO PROVIDING ADDITIONAL STAFFING IN THE RESIDENCE HALLS TO BE ABLE [00:10:04] TO PROVIDE ADDITIONAL SUPPORT TO RA'S. AND WE ARE WORKING TO ADDRESS SOME OF THE CONCERNS THAT WERE RAISED ABOUT THROUGH OUR STUDENT AFFAIRS DIVISION, AS WELL AS BEING ABLE TO ATTEND TO MENTAL HEALTH NEEDS. WELL, I APPRECIATE THOSE EFFORTS, AND I WOULD ASK THAT WE CONTINUE TO LOOK TO FIND WAYS TO CONTINUE TO SUPPORT THEM, AS WE MAY NOT BE IN CONTROL OF WHEN THOSE VACCINATIONS COME OUR WAY AND THEY'RE PUTTING THEMSELVES AT RISK ON OUR BEHALF AND THEY SHOULD BE COMMENDED AND RECOGNIZED AS SUCH. SO THANK YOU. I APPRECIATE THE QUESTION AND THE DIALOG, I WOULD SAY TO OUR SPEAKER THAT SHE CAN CERTAINLY REACH OUT TO THE CAMPUS IF YOU NEED MORE ANSWERS OR MORE DISCUSSION WITH REGARD TO IT. AND AGAIN, I'D LIKE TO THANK YOU FOR YOUR TIME. THANK YOU. OUR NEXT SPEAKER IS ERICA EGAN, WHO'S A GRADUATE STUDENT AT CU BOULDER. ERICA, YOU'RE ON YOUR TWO MINUTE WATCH HERE. GREAT. THANK YOU. SO, HELLO, MY NAME IS ERICA AND I'D LIKE TO TALK ABOUT MANDATORY STUDENT FEES THAT ARE CHARGED TO GRADUATE WORKERS ON BEHALF OF MYSELF, GRADUATE STUDENTS AND THE UNITED CAMPUS WORKERS OF COLORADO, WHICH IS THE WALL TO WALL UNION FOR WORKERS AT ALL CU CAMPUSES. GRADUATE WORKERS ARE ESSENTIAL TO THE EDUCATIONAL AND RESEARCH GOALS OF THE UNIVERSITY. WE FILL A SIGNIFICANT ROLE IN EDUCATING UNDERGRADUATES, RUNNING CAMPUS LABORATORIES AND CONDUCTING CRITICAL RESEARCH THAT'S OFTEN AT THE FOREFRONT OF INNOVATION AND HUMAN PROGRESS. MUCH OF OUR REQUIRED TA AND RA DUTIES REQUIRE MUCH MORE THAN THE 20 HOURS OF WORK PER WEEK THAT WE'RE CONTRACTED FOR. AND WE ALSO OFTEN GO ABOVE AND BEYOND OUR CONTRACTED WORK HOURS TO DO PUBLIC OUTREACH AND EDUCATION SIT ON DEPARTMENT COMMITTEES AND ENHANCE THE PUBLIC GOOD. THAT IS THE UNIVERSITY. THE UNIVERSITY ABSOLUTELY DEPENDS ON GRADUATE WORKERS TO DO JOBS THAT ARE NECESSARY FOR ITS EDUCATIONAL AND RESEARCH GOALS. ACCORDING TO THE AUGUST 2019 GRADUATE TASK FORCE REPORT, AVERAGE GRADUATE WORKERS ARE ONLY GUARANTEED A NINE MONTH STIPEND OF ABOUT TWENTY TWO THOUSAND DOLLARS. THERE'S NO SUMMER FUNDING GUARANTEED BY THE GRADUATE SCHOOL. BOULDER'S SELF-SUFFICIENCY WAGE IS ABOUT THIRTY THOUSAND DOLLARS, WHICH MEANS THAT GRADUATE STUDENTS WORKERS ARE NOT AFFORDED A GUARANTEED SELF SUFFICIENT WAGE. ADDITIONALLY, WE ARE REQUIRED TO PAY AN AVERAGE OF ONE THOUSAND FOUR HUNDRED AND EIGHTY ONE DOLLARS IN STUDENT FEES PER YEAR. THAT'S ABOUT SEVEN PERCENT OF OUR COMPENSATION THAT WE'RE REQUIRED TO PAY IN ORDER TO DO THE WORK THAT THE UNIVERSITY COULD NOT FUNCTION WITHOUT. WE ARE THE ONLY EMPLOYEES OF THE UNIVERSITY THAT ARE REQUIRED TO PAY SUCH A LARGE AMOUNT OF MONEY IN ORDER TO WORK, WE ARE REQUIRED TO PAY OUR BOSSES TO WORK. WE RECOGNIZE THAT THESE FEES ARE GOING TOWARDS UNIVERSITY CONSTRUCTION AND OPERATION. THE UNIVERSITY IS A PUBLIC GOOD AND IT SHOULDN'T BE UNDERFUNDED. HOWEVER, IT SHOULD ALSO NOT BE FUNDED BY UNDERPAID EMPLOYEES WITHOUT WHOM THE UNIVERSITY COULD NOT FUNCTION. WE ARE ESSENTIAL. YOU RELY ON US AND WE ARE EXHAUSTED. WE DESERVE A FEE WAIVER. THANK YOU. ANY COMMENTS FROM REGENTS WITH REGARD TO ERICA'S MESSAGE? NOT NOT HEARING ANY. I WOULD ENCOURAGE YOU TO REACH OUT TO THE CAMPUS AS WELL, YOU MIGHT BE ABLE TO GET SOME ANSWERS TO WHAT YOU'RE ASKING FOR AND WHAT YOUR STATEMENTS ABOUT. SO I WOULD ENCOURAGE YOU TO DO THAT. THANK YOU FOR YOUR TIME. AND CHAIR GALLEGOS I JUST HAD A LITTLE DELAY THERE IN MY UNMUTING AND I JUST WANTED TO THANK ERICA FOR HER COMMENTS AND SHARING HER CONCERNS WITH US. AND I GUESS JUST TO REITERATE WHAT CHAIR GALLEGOS HAS SAID AND TO GO THROUGH THAT PROCESS. BUT I REALLY APPRECIATE YOU BRINGING THAT TO THE ATTENTION OF THE BOARD OF REGENTS. THANK YOU ALL. THANK YOU AGAIN, ERICA. OUR NEXT SPEAKER IS HOLLY OLIVARES GRADUATE STUDENT CU BOULDER. WELCOME HOLLY. THANKS, GLENN, AND THANKS TO ALL OF YOU, FIRST TO THEODOSIA COOK. I KNOW YOU'RE PRESENT HERE ON THE CALL AND I'M GOING TO TALK ABOUT YOU FOR TWO MINUTES, I HOPE WHAT I HAVE TO SAY IS HELPFUL TO YOU, BUT I ACKNOWLEDGE IT NEVER FEELS GOOD WHEN PEOPLE TALK ABOUT YOU LIKE YOU'RE NOT IN THE ROOM WHEN YOU ARE IN THE ROOM. SO I JUST WANT TO ACKNOWLEDGE THAT. AND TO THE REGENTS AND PRESIDENT KENNEDY AND THE CHANCELLORS, CU SYSTEM CHIEF DIVERSITY OFFICER THEODOSIA COOK NEEDS SUPPORT FROM YOU IN A BIG WAY. APPROVE FUNDS TO INCREASE CHIEF DIVERSITY OFFICER COOK'S TEAM BY AS MUCH AS SHE DEEMS NECESSARY TO BE EFFECTIVE IN THE ROLE SHE WAS HIRED TO DO ELEVATE HER AND HER POSITION. WHEN CHIEF DIVERSITY OFFICER COOK SPEAKS, SAY YES, SAY I SUPPORT WHAT THEODOSIA IS PROPOSING. WHEN YOU NEED TO MAKE A DECISION THAT WILL IMPACT THOUSANDS OF PEOPLE, CONSULT [00:15:02] WITH HER FIRST AND EARLY. CHIEF DIVERSITY OFFICER COOK HAS PROVEN HER SKILLS AND EXPERIENCE ARE ALIGNED WITH THE DEI STATEMENTS THAT YOU MAKE TO US, PROVE IT TO US BY GIVING HER THE STAFF AND THE AUTHORITY THAT SHE NEEDS. I WORRY THAT WE'RE GOING TO LOSE CHIEF DIVERSITY OFFICER COOK SHE IS THE IDEAL CANDIDATE FOR THE POSITION. HER COMMITMENT TO DOING THE JOB SHE WAS HIRED TO DO IS VERY APPARENT TO HOPEFULLY YOU, BUT ALSO TO THE CU COMMUNITY THAT IS PAYING ATTENTION. [INAUDIBLE] BEING NEW TO CU AND STARTING HER ROLE DURING THE PANDEMIC SHE HAS TAKEN THE TIME TO REGULARLY MEET WITH AND GET TO KNOW THE ACTIVE BIPOC STUDENTS AT ALL FOUR CAMPUSES. THEODOSIA'S PRESENCE AT CU IS PART OF WHY I STAY HERE. SHE GIVES ME HOPE. HOPEFULLY YOU AND I CAN BOTH GIVE BACK TO HER AND WE CAN SHOW HER HOW IMPORTANT SHE IS TO ENSURING CU'S CHANGES THEIR REPUTATION AS A PRIMARILY WHITE UNIVERSITY. I PLEAD WITH YOU TO THINK OF WAYS THAT YOU CAN AMPLIFY HER IN YOUR DAILY PRACTICE, SHOW HER AND ALL OF US THAT YOU REALLY DO PRIORITIZE THIS WORK, OFFER HER THE FUNDS THAT SHE NEEDS TO INCREASE HER TEAM AND AMPLIFY HER. THANK YOU. THANK YOU, HOLLY, FOR YOUR WORDS AND REGENTS OPPORTUNITY TO WEIGH IN ON THAT. HEARING NONE HOLLY, IT'S NICE TO SEE YOU AGAIN AND THANK YOU FOR YOUR COMMENTS. NEXT IS BENJAMIN [INAUDIBLE], WHO'S A POST-DOCTORAL RESEARCH ASSOCIATE AT CU BOULDER. BENJAMIN, YOU'RE ON THE CLOCK HERE. THANKS VERY MUCH. IT'S GOOD TO BE HERE. MY COMMENT IS ABOUT ONLINE EXAM PROCTORING SYSTEMS THEY ARE CURRENTLY IN USE AT CU. AND THEY MIGHT EVEN BE EXTENDED, ESPECIALLY WITH PRESIDENT KENNEDY'S ONLINE UNIVERSITY INITIATIVE. THESE SYSTEMS ARE AN EGREGIOUS INVASION OF PRIVACY AND TRUST, ESPECIALLY FOR STUDENTS WITH MARGINALIZED [INAUDIBLE] IDENTITIES AND IN PARTICULAR FOR BIPOC STUDENTS WHO ALREADY HAVE AMPLE REASONS TO DISTRUST THE CU SYSTEM. FOR EXAMPLE, IT HAS BEEN REPORTED THAT STUDENTS WITH DARK SKIN ARE SOMETIMES UNABLE TO EVEN TAKE THESE EXAMS BECAUSE THE SOFTWARE CANNOT RECOGNIZE THEIR FACE, QUOTE, DUE TO POOR LIGHTING. TO CONCLUDE MY COMMENT, I WANT TO SHARE THE WORDS OF THREE CURRENT CU STUDENTS. THEY GAVE THEIR CONSENT FOR THESE STORIES TO BE SHARED ANONYMOUSLY HERE. I'M GOING TO READ THEM NOW. ACCORDING TO ONE STUDENT, [INAUDIBLE] SAID INSTRUCTIONS ARE NOT MADE CLEAR TO US, SUCH AS INFORMING OF HOW THE TIMING OF EXAM WORKS. ANOTHER WROTE, AND I QUOTE, ONE OF MY CLASSES USED PROCTORIO, AND IT WORKED SO BADLY THAT THE PROFESSORS DECIDED NOT TO USE IT FOR ANY MORE FOLLOWING EXAMS. I ALSO REMEMBER THAT TO SET IT UP, I HAD TO VIDEO MY SURROUNDINGS AND THERE WAS A LOT OF CONFIDENTIAL PATIENT RECORDS IN THE BACKGROUND BECAUSE I HAD TO DO IT FROM WORK. IT IS SCARY TO THINK THAT THAT DATA COULD STILL EXIST SOMEWHERE AND I REGRET DOING THAT. THIS SEMESTER SEVERAL OF MY CLASSES ARE USING PROCTORIO AND IT MAKES ME REALLY NERVOUS BECAUSE I HAVE HEARD STORIES ABOUT PEOPLE GETTING KICKED OUT OF EXAMS BECAUSE THEY SNEEZED. THIS METHOD CAUSES A LOT MORE STRESS AND TEST ANXIETY THAT MAKES DOING CLASSES ONLINE SO MUCH HARDER AND SCARIER. I WOULD LIKE TO CLOSE WITH A FINAL STORY, WHICH IS AGAIN SHARED BY A CURRENT CU STUDENT. THEY WROTE, I WAS SO AFRAID TO MOVE MY EYES EVEN AROUND THE SCREEN, EVEN TO THE BOTTOM RIGHT CORNER TO CHECK THE TIME. I USUALLY TALK TO MYSELF DURING TESTS, BUT I HEARD HORROR STORIES OF STUDENTS BEING KICKED OUT FOR THE NOISE AND SO ALL I COULD DO WAS STARE AT THE SCREEN. I SPEND MORE TIME THINKING ABOUT THE PROCTORED TEST THAN ABOUT THE ACTUAL TEST END QUOTE. SO PLEASE TO THE REGENTS AND TO ALL ELSE HERE DON'T LET THIS HAPPEN TO MORE STUDENTS CU. WE NEED TRANSPARENCY AROUND HOW THESE SYSTEMS ARE BEING USED AND ON WHAT IS BEING DONE TO PROTECT THE STUDENTS WHO ARE FORCED TO USE THEM. GREAT. THANK YOU SO MUCH FOR THOSE COMMENTS. REGENTS ANYONE WANT TO WEIGH IN ON THAT? AND BENJAMIN, I WOULD HOPE THAT YOU HAVE MADE THESE COMMENTS AVAILABLE TO THE PEOPLE ON CAMPUS AND HOPEFULLY YOU CAN GET SOME ATTENTION OR SOME ANSWERS WITH IT. ABSOLUTELY. AND I'D LOVE TO SEE THE FOLKS HERE TAKING THIS UP AS WELL. ALL RIGHT. THANK YOU VERY MUCH FOR YOUR TIME AND YOUR COMMENTS. NEXT SPEAKER. CHAIR GALLEGOS. YES, WAS BENJAMIN THE LAST PUBLIC COMMENT? RIGHT. YES. CAN I JUST RESPOND? NO WE HAVE MORE PUBLIC COMMENTS. OK. WHEN WE'RE DONE, IF YOU'LL GIVE ME JUST ABOUT A HALF A MINUTE, OK? THANK YOU. OK. OUR NEXT SPEAKER IS MARIAH [INAUDIBLE], A STUDENT AT CU BOULDER. WELCOME. THANK YOU. HELLO BOARD. MY NAME IS MARIAH [INAUDIBLE] I'M AN UNDERGRADUATE STUDENT AT CU. I WILL BEGIN MY COMMENT BY DISCLAIMING THAT I AM NERVOUS. I'VE ALWAYS BEEN A PERSON WHO HAS BEEN SOMEWHAT DAUNTED BY AUTHORITY FIGURES [00:20:03] AND I USUALLY DON'T QUESTION AND WHEN I DO, I TYPICALLY KEEP IT TO MYSELF. BUT MY 2020 FALL SEMESTER AT CU MAKES IT IMPOSSIBLE FOR ME TO KEEP THESE QUESTIONS AND CONSIDERATIONS TO MYSELF. LAST SEMESTER WAS THE MOST CHALLENGING SCHOOL SEMESTER THAT I'VE EVER HAD IN THE ENTIRETY OF MY EXPERIENCE WITH PUBLIC EDUCATION. YES, THE PANDEMIC MAKES IT DIFFICULT FOR BOTH TEACHERS AND STUDENTS TO MEET IN PERSON. THIS IS UNDERSTANDABLE. AND THE ONLY OPTION FOR US IS TO MEET THROUGH AN ONLINE VIDEO CALLING FORMAT, THIS IS ALSO UNDERSTANDABLE. BUT WHAT IS NOT UNDERSTANDABLE IS FOR THE UNIVERSITY TO PUBLICLY ACKNOWLEDGE THE DIFFICULTIES OF BOTH PROFESSORS AND STUDENTS AND YET DO NOTHING TO ALLEVIATE THESE DIFFICULTIES, PARTICULARLY FINANCIAL ONES. I KNOW PRESIDENT KENNEDY HAS SENT EMAILS TO STUDENT [INAUDIBLE] WITH PSEUDO ACKNOWLEDGMENTS AND PRAISE FOR OUR EFFORTS. BUT THEY CANNOT HELP BUT FEEL UTTERLY MEANINGLESS. WE ALL KNOW THAT ACTIONS SPEAK LOUDER THAN WORDS, AND THE BOARD TRULY KNOWS THAT WE'RE IN CHALLENGING TIMES, YET DOES NOTHING ABOUT IT. AND EVEN HEARD THAT THEY'RE WILL BE DISCUSSION OF POSSIBLY RAISING TUITION FOR STUDENTS. I FIND IT ESPECIALLY GALLING THAT EFFORTS HAVE BEEN TAKEN UP BY STUDENTS TO BRING THIS TO THE BOARD'S ATTENTION AND POSSIBLY CREATE A SOLUTION HAVE NOT ONLY BEEN SQUASHED, BUT THEY HAVE BEEN PITTED AGAINST PROFESSORS. IS THAT ONE OF THE POINTS OF HAVING A BOARD OF REGENTS TO ACKNOWLEDGE THE INTERESTS AND NEEDS OF STUDENTS AND FACULTY AT CU AND TAKE ACTION BASED ON THOSE NEEDS? I UNDERSTAND THAT FIRST AND FOREMOST, THE UNIVERSITY IS AN INSTITUTION THAT ALWAYS LOOKS TO EDUCATE THE MASSES, BUT ALSO ONE IN WHICH PROFIT IS ESPECIALLY IMPORTANT. THE REALITY IS THAT WE QUITE HARSHLY, AFTER WATCHING THE EFFORTS OF TOO MUCH TO [INAUDIBLE] DISRESPECTED RELEVANT. I SHOULD SPEAK IN TERMS THAT MAYBE MORE IMPACTFUL. AS A STUDENT AND AS A CUSTOMER I'M HAVING AN UNSATISFACTORY STUDENT EXPERIENCE. I AM PAYING, AS ARE OTHER STUDENTS, THE PRICE THAT WE WOULD PAY AS IF I HAD ACCESS UNIVERSITY RESOURCES THAT I DO NOT HAVE DURING THIS PANDEMIC. IF THIS IS NOT ADDRESSED I WILL TAKE MY BUSINESS ELSEWHERE AND I'M CERTAIN MANY OTHERS WILL TOO. I WILL SAY THAT AFTER LAST SEMESTER I DID NOT FEEL HEARD. I DID NOT FEEL SEEN AND I DO NOT FEEL THAT THE BOARD HAS ANY CONCERN FOR ME AS A STUDENT. THANK YOU FOR YOUR TIME. THANK YOU FOR YOUR TIME AS WELL. REGENTS, IF YOU'D LIKE TO WEIGH IN ON ANYTHING SHE SAID, YOU HAVE AN OPPORTUNITY TO. AND AGAIN, WE'RE GLAD THAT YOU'RE HERE. BOARD OF REGENTS CAN HEAR YOUR IDEAS AND YOUR ISSUES. I WOULD ALSO ENCOURAGE YOU TO MAKE SURE THAT YOU'RE BEING HEARD ON CAMPUS AS WELL. GLEN I WAS JUST GOING TO SAY THE SAME, THAT I'M REALLY PROUD OF HER FOR SPEAKING UP, I KNOW IT'S REALLY INTIMIDATING, ESPECIALLY ON ZOOM AND IT MEANS A LOT. WE HEAR YOU. AND I HAVE A QUESTION OF OUR STUDENTS AND I'M WONDERING ABOUT WHAT ROLE STUDENT GOVERNMENT PLAYS IN HEARING YOUR VOICES AND BEING A VOICE FOR THE STUDENTS. DO YOU MEET WITH OUR STUDENT GOVERNMENT LEADERS TO EXPRESS THEIR CONCERNS AS WELL? I HAVE TRIED TO I HAVE YET TO RECEIVE AN EMAIL BACK FROM THE PRESIDENT THAT I SENT DIRECTLY. I'VE ALSO REACHED OUT VIA THEIR WEBSITE CONTACT FORM, AND I HAVE NOT HEARD BACK. MY UNDERSTANDING IS THEY ARE OCCUPIED WITH OTHER MORE CAMPUS OPERATIONAL ASPECTS. SO I THINK THERE IS A VERY LARGE GAP BETWEEN REGENTS AND STUDENTS AND DECISION MAKING AND THE STUDENTS ISSUES, BUT GREAT QUESTION. I THINK THAT'S [INAUDIBLE]. AND I'LL ADD TO THAT, I THINK THAT THE PROCESS OF BEING AN ELECTED STUDENT REPRESENTATIVE TAKES UP THE TIME AND ATTENTION THAT THEY COULD OTHERWISE GIVE TO THE STUDENTS. THAT'S MY UNDERSTANDING. AND I KNOW FOR ME, I'M A GRADUATE STUDENT GPSG. IT TOOK SEVERAL MONTHS TO GET THEIR ATTENTION, TO HAVE A CONVERSATION WITH ME AS AN ORGANIZER OF DIVERSIFY CU NOW. I WAS TOLD REPEATEDLY THAT I COULD COME TO PUBLIC COMMENT. I'LL ALSO ADD THAT THE UNITED CAMPUS WORKERS OF COLORADO, THE UNION, WAS FORMED BECAUSE WE FOUND THAT THE GRADUATE STUDENT GOVERNMENT WAS NOT EFFECTIVE IN WORKING WITH US OR HEARING OUR CONCERNS AND BEING ABLE TO COMMUNICATE EFFECTIVELY WITH THE UNIVERSITY, WITH OUR PARTICULAR ISSUES. SO WE FORMED THE UNION IN ORDER TO CREATE OUR OWN MOMENTUM. AND ANYONE ELSE. AGAIN THANKS. GO AHEAD REGENT SHARKEY. WELL, I JUST WANT TO, YOU KNOW, FIRST OF ALL, SAY THANK YOU TO ANYONE AND EVERYONE WHO TAKES THE TIME AND MAKES THE EFFORT TO COME TO A BOARD OF REGENTS MEETING AND TO SPEAK UP AND ALLOW US TO HEAR YOUR CONCERNS. [00:25:06] AND IT'S WHETHER IT'S STUDENTS OR FACULTY OR STAFF AND FROM EVEN FOLKS OUTSIDE OF THE UNIVERSITY COMMUNITY. I THINK FOR EVERYONE WHO DOES TAKES THIS OPPORTUNITY, I KNOW THIS BOARD REALLY APPRECIATES THAT AND RECOGNIZES THAT YOU HAVE TO CARE DEEPLY IN ORDER TO PARTICIPATE. AND I ALSO APPRECIATE WHEN FOLKS TAKE THE TIME TO EVEN SIT THROUGH OUR SOMETIMES VERY LONG PUBLIC BOARD MEETINGS. BUT ANYWAY, THANK YOU. AND THANK YOU TO REGENT GANAHL, REGENT KROLL AND REGENT SHARKEY FOR SOME DIALOG WITH REGARD TO OUR STUDENTS. WE'RE GOING TO MOVE ON TO OUR SPEAKER, JAMES BRODIE, THE BLACK AND GOLD PROJECT. JAMES. HELLO, REGENTS, AND THANK YOU FOR YOUR TIME. I AM JAMES MICHAEL BRODIE, CLASS OF 83. MAY 1977 I WAS PART OF A GROUP OF STUDENTS THAT TOOK OVER HELLEMS HALL PROTESTING CU'S PLAN TO ELIMINATE THE EDUCATIONAL OPPORTUNITY PROGRAM. I WAS 19 YEARS OLD AND FACED WITH A FIGHT OUTSIDE OF THE CLASSROOM JUST FOR THE CHANCE TO EARN MY DEGREE INSIDE THE CLASSROOM. BACK THEN, THERE WERE ABOUT EIGHT HUNDRED BLACK STUDENTS ON A CAMPUS OF TWENTY THOUSAND TODAY, THERE ARE ROUGHLY FIVE HUNDRED BLACK STUDENTS ON THE CAMPUS OF MORE THAN 30,000 FEEL AS UNWELCOME NOW AS WE DID THEN. BLACK AMERICANS ARE ABOUT ONE PERCENT OF THE STUDENT POPULATION, BUT 70 PERCENT OF THE FOOTBALL TEAM. CU FINDS THE STAR ATHLETE IN THE MOST REMOTE COMMUNITY, BUT IGNORES HIS SISTER, THE SCIENTIST, HIS BROTHER THE WRITER, HIS COUSIN THE ENGINEER. TWENTY EIGHTEEN UCLA STUDY EXPOSED CU'S PATTERN OF OVERLOOKING ACADEMICALLY SOUND BLACK SCHOLARS IN FAVOR OF LESSER QUALIFIED WHITE PRIVATE SCHOOL STUDENTS. A CU ADMINISTRATOR TOLD ME THAT BOULDER HAS A DO NOT VISIT LIST OF HIGH SCHOOLS THAT CU PERCEIVED AS UNABLE TO AFFORD TUITION. WHEN I TOLD THE ADMINISTRATOR THAT NOT ALL BLACK KIDS ARE POOR, I WAS TOLD TO IDENTIFY THEM AN OUTRAGEOUS AND CYNICAL RESPONSE. IN 1970, PROFESSOR RICHARD [INAUDIBLE] CHARLES NYLON AND OTHERS IN A REPORT TO THE FACULTY COUNCIL RECOMMENDED CU BOULDER'S BLACK ENROLLMENT BE FOUR PERCENT, REFLECTING THE STATE'S POPULATION. SADLY, CU HAS NEVER REACHED THAT MODEST GOAL. THE DEMONSTRATION OF CU'S INTENTION IS EVIDENT IN THE PALTRY NUMBERS OF BLACK AMERICANS ON THIS CAMPUS AT EVERY LEVEL. CU'S ACTIONS [INAUDIBLE] VOLUMES OF WORDS THAT PANDER TO LOFTY GOALS. ANY REAL PLAN MUST INCLUDE A BUDGET THAT REFLECTS INCLUSIVE STRATEGY'S AND FACTS. A FORMER REGENT ONCE SAID THAT THE BOARD LACKS THE COMMITMENT AND THE WILL TO TRULY DIVERSIFY ITS FLAGSHIP CAMPUS. DO YOU HAVE THE WILL AND COMMITMENT NOW, THE TIME FOR EXCUSES IS OVER, MY FRIENDS, NOW IT'S TIME FOR ACTION AND I DO THANK YOU FOR YOUR TIME AND WELCOME FROM BALTIMORE. MR. BRODIE THANK YOU FOR YOUR TIME AND YOUR WORDS AS WELL. REGENTS, ANYONE WANT TO WEIGH IN ON [INAUDIBLE]. I JUST WANT TO WEIGH IN AND SAY THANK YOU, MR. BRODIE. APPRECIATE YOUR EFFORT, AND YOUR WORDS. THANK YOU, MY FRIEND, I APPRECIATE YOU TOO. I WITHOUT GOING INTO A LOT OF DETAIL, BECAUSE I THINK THAT YOU CAN GET DETAIL FROM THE PRESIDENT, FROM THE CHANCELLOR, FROM THEODOSIA COOK. I HOPE THAT A LOT OF OUR EFFORTS IN THE NEXT YEAR OR SO WILL TAKE CARE OF SOME OF THE ISSUES THAT YOU'RE TALKING ABOUT AS WELL. SO THANK YOU FOR BEING HERE TODAY. THANK YOU. AND I HOPE TO SEE PROGRESS AS WELL MY FRIEND. IT'S BEEN TOO LONG. THANK YOU, SIR. GEORGE WALKER IS OUR LAST SPEAKER. AND GEORGE, WELCOME. BEEN A LONG TIME SINCE I'VE SEEN YOU. YOU'RE ON. MR. WALKER. I THINK SOMEBODY NEEDS TO UNMUTE HIM. YEAH, HE'S HERE. HE'S ON THE PHONE, BUT HE'S MUTED, SO I DON'T THINK HE CAN UNMUTE ON THE PHONE CAN HE. SO I THINK SOMEBODY HERE NEEDS TO UNMUTE HIM. MR. WALKER, IT'S KERRY I'VE BEEN HELPING YOU GET READY FOR PUBLIC COMMENT, CAN YOU [00:30:04] PLEASE LOOK AT YOUR PHONE AND SEE IF YOU SEE THE OPTION TO UNMUTE. WE ARE UNABLE TO UNMUTE YOU. MR. WALKER. UNMUTE ON THE PHONE, I THINK YOU HAVE TO PRESS STAR NINE, IF HE'S CALLING IN FROM HIS CELL. YEAH. MR. WALKER, IF YOU CAN PRESS STAR NINE, THAT MIGHT UNMUTE YOU. I SEE HIM ON, BUT HE'S MUTED. HE RAISED HIS HAND. LET'S SEE WHAT'S GOING ON. CHAIR GALLEGOS WE MIGHT ALSO MAKE A PUBLIC COMMENT AVAILABLE TO MR. WALKER AT A FUTURE TIME IN THIS BOARD MEETING IF WE CAN'T GET THESE TECHNICAL DIFFICULTIES RESOLVED NOW. WE CERTAINLY WILL IF WE CAN'T REACH HIM. WE'RE GOING TO GIVE YOU ANOTHER 15 SECONDS. IF YOU HAVE CONTACT WITH HIM, LET HIM KNOW THAT WHEN HE CALLS IN, WE'LL GO AHEAD AND TAKE HIS CALL. ALL RIGHT, I WILL. THANKS. SO THAT BRINGS US TO THE END OF OUR PUBLIC SPEAKERS. I KNOW IT'S DIFFICULT TO DO IT ON ZOOM. WE'RE GLAD THAT YOU DO. I THINK WE'VE HEARD SOME REALLY GOOD COMMENTS TODAY, AND I APPRECIATE THE REGENTS FOR WEIGHING IN ON THEM AS WELL. SO OUR NEXT TOPIC IS OUR DISTINGUISHED PROFESSORS RECOGNITION. HERE IS A TIME WHEN WE RECOGNIZE OUR DISTINGUISHED PROFESSORS. TODAY, THE BOARD OF REGENTS HONORS AND CELEBRATES CU'S DISTINGUISHED PROFESSORS WHO EXEMPLIFY THE ACADEMIC EXCELLENCE OF CU. THE 2020 [INAUDIBLE] CONSISTS OF 12 FACULTY, SIX WHO WILL JOIN US TODAY. ACTUALLY, THAT'S FIVE AND SIX WHO WILL JOIN US AT THE APRIL BOARD MEETING. THESE FACULTY JOIN [INAUDIBLE] ONE HUNDRED AND EIGHTEEN CU DISTINGUISHED PROFESSORS ACROSS THE FOUR CAMPUSES. SO THAT IS PRETTY SPECIAL WHEN YOU'RE NAMED AS A DISTINGUISHED SCHOLAR OR DISTINGUISHED PROFESSOR AT THE UNIVERSITY OF COLORADO. THE REQUIREMENTS FOR THIS DISTINCTION ARE EXACTLY ARDUOUS FACULTY MEMBERS MUST BE EXEMPLARY IN SCHOLARSHIP, TEACHING AND SERVICE. THE INDIVIDUALS WE RECOGNIZE TODAY MEET THESE HIGH EXPECTATIONS. THEIR OUTSTANDING WORK COMMITMENT AND PASSION FOR KNOWLEDGE REQUIRES US ALL. TO BEGIN CHANCELLOR ELLIMAN, WILL INTRODUCE PROFESSOR CAROL RUMACK AND HE'LL INTRODUCE HER, SHE'LL REFLECT ON HER WORK. AND THEN REGENTS YOU HAVE AN OPPORTUNITY TO JOIN IN AS WELL. SO, CHANCELLOR ELLIMAN. THANK YOU CHAIR GALLEGOS. I'M PROUD TO BE PART OF HONORING AN EXEMPLARY FACULTY MEMBER TODAY FOR AN OUTSTANDING CAREER MARKED BY LEADERSHIP AND ACCOMPLISHMENT. DR. CAROL RUMACK IS A PROFESSOR OF RADIOLOGY AND PEDIATRICS IN THE CU SCHOOL OF MEDICINE, AND SHE'S ALSO THE ASSOCIATE DEAN FOR GRADUATE MEDICAL EDUCATION. DR. RUMACK HAS BEEN A PART OF THE CU SCHOOL OF MEDICINE FOR MORE THAN FOUR DECADES AND HAS EXCELLED IN EVERY ASPECT OF ACADEMIC LIFE SINCE JOINING US IN THE 1970S, FIRST AS A RESIDENT BEFORE JOINING THE FACULTY. HER EXPERTISE IN PEDIATRIC DIAGNOSTIC RADIOLOGY IS RECOGNIZED AROUND THE GLOBE, AND HER PIONEERING WORK IN NEWBORN BRAIN IMAGING, PEDIATRIC ULTRASOUND AND CHILD ABUSE DIAGNOSIS HAS IMPROVED THE HEALTH OF COUNTLESS INFANTS AND CHILDREN. SHE AUTHORED THE SEMINAL TEXTBOOK IN THE FIELD DIAGNOSTIC RADIOLOGY. NOW IN ITS FIFTH EDITION. IN TEACHING, DR. RUMACK HAS HAD A BROAD IMPACT THROUGH MENTORSHIP AND TRAINING OF THOUSANDS OF RESIDENTS AND FELLOWS IN GRADUATE MEDICAL EDUCATION OR GME. SHE IS THE DESIGNATED INSTITUTIONAL OFFICIAL FOR OUR MORE THAN TWELVE HUNDRED GME RESIDENTS AND IS RESPONSIBLE FOR CONTINUED ACCREDITATION OF OUR GME TRAINING PROGRAM. ONE OF THE LARGEST IN THE NATION, SHE IS KNOWN FOR CLINICAL EXCELLENCE, INNOVATION IN EDUCATION AND PROMOTION OF JUNIOR AND MID CAREER FACULTY. DR. RUMACK IS PASSIONATE ABOUT SUPPORTING WOMEN IN ACADEMIC MEDICINE AND VOLUNTEERS FOR NATIONAL ORGANIZATIONS AND RADIOLOGY. SHE FOLLOWED IN THE FOOTSTEPS OF HER MOTHER AND FATHER, BOTH PHYSICIANS. IN THE LATE 1960S SHE WAS ONLY ONE OF FIVE WOMEN IN THE MEDICAL SCHOOL CLASS. PARENTHETICALLY, TODAY, THE MEDICAL SCHOOL CLASS IS MORE THAN 50 PERCENT WOMEN. TODAY, SHE HOLDS THE DISTINCTION OF BEING THE FIRST WOMAN WITH AN M.D. [00:35:04] FROM THE CU SCHOOL OF MEDICINE TO BE NAMED A CU DISTINGUISHED PROFESSOR. AWARDS AND ACCOLADES ARE TOO MANY TO LIST HERE TODAY, BUT WE ARE PROUD TO ADD DISTINGUISHED PROFESSOR TO THE LIST. DR. RUMACK, IT'S A PLEASURE TO HONOR YOU THIS AFTERNOON WITH THIS FITTING RECOGNITION. WE THANK YOU FOR YOUR EXTRAORDINARY LEADERSHIP SERVICE AND EXPERTISE. DR. RUMACK. THANK YOU. DR. ELLIMAN. GOOD AFTERNOON, DR. KENNEDY, PRESIDENT KENNEDY, MEMBERS OF THE BOARD OF REGENTS. IT'S A PLEASURE TO SEE YOU AND ALL THE OTHER HONOREES TODAY. THANK YOU VERY MUCH FOR THIS IS THE GREATEST HONOR IN MY CAREER AT THE UNIVERSITY OF COLORADO. I AM VERY PROUD TO BE THE FIRST WOMAN AWARDED THIS DISTINGUISHED PROFESSORSHIP. I REALLY THINK IT'S WONDERFUL TO BREAK A GLASS CEILING FOR WOMEN IN MEDICINE. AND I'M ALWAYS LOOKING FOR WHO CAN FOLLOW ME, WHO ELSE I CAN BRING ALONG AND MENTOR. SO THANK YOU. THAT IS DEFINITELY ONE OF MY BIGGEST GOALS. BECAUSE MY PARENTS WERE BOTH PHYSICIANS I CHOSE FROM THE BEGINNING TO BE DIFFERENT FROM OTHER WOMEN IN MY GENERATION. WE WERE TOLD YOU COULD BE A TEACHER OR A NURSE AND THAT WAS ABOUT IT. WHEN I SAID I WANTED TO BE A PHYSICIAN, I COULD ALWAYS TELL PEOPLE WELL MY MOTHER IS ONE. SO I KNOW I CAN DO THAT. AND IT'S WORKED REALLY WELL MOST OF THE TIME. I'M VERY THANKFUL THAT THE UNIVERSITY OF COLORADO SCHOOL OF MEDICINE WELCOMED ME IN 1968 WITH OPEN ARMS. I WAS A SENIOR MEDICAL STUDENT TRANSFERRING FROM THE UNIVERSITY OF WISCONSIN FOR MY FOURTH YEAR AND HE WAS BECOMING AN INTERN IN PEDIATRICS TRAINING AS A PEDIATRICIAN. AT THE SCHOOL OF MEDICINE I HAD AN EXCELLENT EDUCATION AS A RESIDENT IN RADIOLOGY. AND THEY CREATED FOR ME THE FIRST PEDIATRIC RADIOLOGY FELLOWSHIP IT WAS A NEW SPECIALTY AT THAT POINT. THEN I BEGAN TO LOOK FOR A JOB. SO IT'S 1976 AT THAT POINT AND AN UNEXPECTED SERIES OF EVENTS OCCURRED. THE UNIVERSITY CHAIR REFUSED TO HIRE ME. HE SAID, I'M NOT HIRING ANY MORE WOMEN FACULTY AND HE HAD ONE AND HE DIDN'T WANT TO HIRE ANYMORE. WELL, NO PRIVATE PRACTICE IN DENVER WOULD EVEN INTERVIEW WOMEN. I WAS HIRED FIRST AS A CONTRACT RADIOLOGY AT DENVER GENERAL HOSPITAL. YOU REMEMBER THAT NAME FROM YEARS AGO, WHICH IS NOW DENVER HEALTH. AND I JOINED THE FACULTY ABOUT A YEAR LATER WHEN THEY SAID, OK, YOU'RE WORKING OUT. WE'LL MAKE YOU A FACULTY MEMBER. IN 1980, I MOVED TO THE UNIVERSITY OF COLORADO HOSPITAL AND HAVE WORKED THERE AND AT CHILDREN'S HOSPITAL VERY HAPPILY DOING PEDIATRIC RADIOLOGY. IT'S BEEN A PLEASURE. I'VE ALSO ENJOYED DOING MANY PIONEERING PROJECTS, PARTICULARLY IN ULTRASOUND AND STARTING AT MY FIRST PROJECT WAS AT THE SCHOOL OF MEDICINE WITH JOSEPH HOLMES, A PIONEERING PHYSICIAN PIONEER IN ULTRASOUND, ONE OF THREE IN THE WORLD. THE OTHER WERE AUSTRALIAN GLASGOW, SCOTLAND. SO COLORADO IS DEFINITELY KNOWN FOR INNOVATIVE PROJECTS AND I WAS PLEASED. NOW, IF YOU COULD IMAGINE THIS, HE HAD A B1 BOMBER PART, BASICALLY A BIG CIRCULAR METAL PIECE, THAT BARREL THAT WAS FILLED WITH WATER. HIS PATIENTS SAT IN THE MIDDLE OF IT AND THEY PUT THE SCANNER AROUND THE PATIENT. I HAD PICTURES OF IT. I HAVEN'T ACTUALLY SEEN IT, BUT THAT'S WHAT HE WAS DOING BEFORE I MET HIM. AT THE TIME I MET HIM, THEY WERE STARTING TO HAVE ULTRASOUND TRANSDUCERS THAT YOU COULD ACTUALLY PUT ON A REAL PATIENT RATHER THAN WANDERING AROUND IN THE WATER. SO I WAS EXCITED ABOUT IT. OTHER PEOPLE SAID THAT WAS KIND OF STRANGE. THEY WEREN'T SURE THEY BELIEVED IT. SO THAT'S BEEN ONE OF THE FUN THINGS. I THINK OF IT IS LIKE NEW POWDER WHEN YOU'RE SKIING OR SOMETHING, AND IT'S EXCITING AND CHALLENGING. I STARTED STUDYING NEWBORN INFANTS AND WE STUDIED THEM FIRST WITH CT BECAUSE WE HAD ONE OF THE FIRST SCANNERS IN THE COUNTRY I'M SORRY, IN COLORADO. AND WHEN WE DISCOVERED THAT WE COULD SEE A BRAIN, WE SAW A LOT OF MORE HEMORRHAGE IN THE BRAIN WE EVER EXPECTED TO SEE. WHEN WE SAW THAT, WE COMPARED IT TO THE ULTRASOUND THAT WE HAVE BEEN DOING IN MOTHERS IN FETAL ULTRASOUND. DID IT IN A NEWBORN BABY AND DISCOVERED WE COULD SEE THE BRAIN, WHICH IS FOR BABIES, IS AMAZING BECAUSE YOU COULD USE A SOFT SPOT YOU KNOW HOW BABIES HAVE A SOFT SPOT ON THE TOP OF THEIR HEAD. THAT'S A WINDOW, AN ACOUSTIC WINDOW THAT WE USE TO STUDY THE BRAIN. IT'S TOO BAD ADULTS DON'T HAVE THAT AS WELL. IT'S WITHOUT RADIATION AND IT'S WITHOUT MOVING THE NEWBORN OUT OF THE NICU DOWN TO RADIOLOGY OR CT SCANNER. SO IT'S REALLY BEEN A MAJOR STEP. MANY, MANY PEOPLE DO IT TODAY. THAT'S BEEN A WHILE, QUITE A WHILE SINCE THAT STARTED. BUT IT'S STILL EXCITING. IN ADDITION TO THAT, FOR MORE THAN 20 YEARS, I'VE BEEN THE ASSOCIATE DEAN FOR [00:40:03] GME, APPOINTED BY DICK [INAUDIBLE], OUR PREVIOUS DEAN. AND I'VE GREATLY ENJOYED WORKING WITH THE LEADERS OF THE RESIDENCIES AND FELLOWSHIPS, ALL THE MEDICAL SPECIALTIES THAT THEY'RE TRAINING IN. AND AS YOU KNOW, 2020 HAS BEEN PARTICULARLY STRESSFUL FOR ALL OF US WITH COVID-19. AND I'M PLEASED TO RECOGNIZE THE VERY MANY FACULTY AND RESIDENTS WHO HAVE MADE INNOVATIONS HELPED US TO KEEP EDUCATION STRONG IN SPITE OF ZOOM MEETINGS, AS WE'RE DOING HERE, EVEN THOUGH WE'VE LOST IN-PERSON INTERACTIONS. OF COURSE, THAT STILL DOES CONTINUE IN THE HOSPITAL WHERE OUR RESIDENTS ARE GREATLY PARTICIPATING AND TAKING CARE OF COVID PATIENTS. I ESPECIALLY WANT TO ACKNOWLEDGE THE MENTORSHIP OF DR. SHANTA ZIMMER. SHE IS THE MEDICAL SCHOOL SENIOR ASSOCIATE DEAN FOR EDUCATION AND THE WONDERFUL LEADERSHIP OF THE DEAN, DR. JOHN REILLY. I THANK MY DEPARTMENT CHAIR, DR. CHIP DODD. THANK YOU. I'M DEEPLY HONORED BY THIS AMAZING RECOGNITION. THANK YOU ALL. THANK YOU, CHANCELLOR ELLIMAN AND PROFESSOR RUMACK. GREAT WORK THAT YOU DO THERE, AND REGENTS FEEL FREE TO JUMP IN AND IF YOU DON'T NOW, YOU CAN CERTAINLY DO THAT WHEN WE'RE DONE WITH ALL OF OUR DISTINGUISHED FACULTY. AT THIS POINT, WE'RE GOING TO TURN IT OVER TO CHANCELLOR REDDY, WHO'S GOING TO INTRODUCE PROFESSOR MARK. THANK YOU. PROFESSOR ROBERT DASSANOWSKY, I'M SORRY I LOST MY PLACE [INAUDIBLE]. THANK YOU, CHAIR GALLEGOS. GOOD AFTERNOON. IT'S HARD TO PICK JUST ONE THING TO SHARE ABOUT DR. ROBERT DASSANOWSKY. I COULD TALK ABOUT HIS WORLD LEADING RESEARCH IN AUSTRIAN STUDIES AND CENTRAL EUROPE CULTURE. I COULD TALK ABOUT HIS TEACHING WHERE HIS GRADUATES HAVE THEIR PICK OF FILM STUDIES PROGRAM FROM AROUND THE WORLD, OR HOW HE WAS AMONG THE FIRST SCHOLARS TO ADDRESS THE IMPORTANT ROLE OF WOMEN IN EARLY FILMMAKING, OR HIS OPERATION OF A FOUNDATION THAT AWARDS GRANTS TO SUPPORT HUMANITARIAN EFFORTS AND THE ARTS. OR THE FILM PRODUCTION COMPANY HE RUNS, OR THE AWARDS AND HONORS HE HAS RECEIVED THAT INCLUDE THE NAMES OF HISTORY'S GREAT ARTISTS. IT SEEMS THAT WHATEVER ROBERT PUTS HIS MIND TO, HE'S BOUND TO BECOME AN INTERNATIONAL LEADER IN THAT FIELD. AND THAT IS WHY I'M EXCITED TO INTRODUCE YOU TO HIM AS ONE OF OUR NEWEST DISTINGUISHED PROFESSORS. DR. DASSANOWSKY HAS BEEN A LEADER ON THE UCCS CAMPUS FOR NEARLY 30 YEARS, PRETTY MUCH AS LONG AS I'VE BEEN THERE. HE HAS TENURE IN TWO DEPARTMENTS AND HAS CHAIRED, CO CHAIRED OR SERVED AS THE INTERIM CHAIR OF BOTH DURING HIS CAREER. HIS RIGOROUS ACADEMIC EXPECTATIONS FOR HIS STUDENTS HAVE SET THEM UP FOR SUCCESS THAN ANY OTHER ADVANCED PROGRAM OR STUDIO THAT SHOWS IN THE WORLD. HE'S TEACHING RESULTS FROM LONG EXPERIENCE. ROBERT IS AN INDEPENDENT FILM PRODUCER AND CEO OF BELVEDERE FILMS. THE STUDIO HIS MOTHER CREATED IN POSTWAR AUSTRIA. HE IS A VOTING MEMBER OF THE EUROPEAN FILM ACADEMY. FOR COMPARISON, THE AMERICAN EQUIVALENT IS THE SAME ORGANIZATION THAT'S HANDS OUT OSCARS EVERY YEAR. ROBERT OPERATES THE FOUNDATION IN HIS MOTHER'S NAME. THE ELFI VON DASSANOWSKY FOUNDATION, WHICH AWARDS GRANTS ACROSS THE WORLD TO ORGANIZATIONS REPRESENTING WOMEN IN THE ARTS, CULTURAL AND EDUCATIONAL PROGRAMS AND HUMANITARIAN EFFORTS. HIS LEADERSHIP, EXPERIENCE AND KNOWLEDGE HAS LED TO HIS SELECTION TO THE ROYAL HISTORICAL SOCIETY AND THE ROYAL SOCIETY OF ARTS, JOINING THE RANKS OF SUCH INDIVIDUALS AS BENJAMIN FRANKLIN, STEPHEN HAWKING AND CHARLES DICKENS. HE RECEIVED THE DECLARATION OF HONOR AND SILVER FOR CULTURAL SERVICES FOR THE REPUBLIC OF AUSTRIA, AN AWARD THAT MOST CLOSELY REPRESENTS THE KENNEDY CENTER HONORS IN THE UNITED STATES. AND BY DOING ALL THAT TEACHING, RUNNING A FILM STUDIO AND OPERATING A MAJOR FOUNDATION, ROBERT HAS CONTINUED TO CONTRIBUTE TO THE SCHOLARSHIP OF HIS FIELD. HE HAS WRITTEN OR EDITED EIGHT BOOKS AND MORE THAN 80 CHAPTERS AND ARTICLES. TOGETHER THESE SCHOLARLY CONTRIBUTION MAKE HIM AMONG THE MOST CITED PROFESSORS IN HIS FIELD. IN FACT, 30 MINUTES [INAUDIBLE] ROBERT, IT STILL WOULDN'T BE ENOUGH TIME TO GO OVER ALL OF THE REASONS WHY HE'S A DISTINGUISHED PROFESSOR. WITH NO FURTHER ADO. IT'S MY PLEASURE TO INTRODUCE TO YOU DR. ROBERT DASSANOWSKY, CU DISTINGUISHED PROFESSOR. THANK YOU, CHANCELLOR REDDY. [00:45:01] I DON'T KNOW HOW TO FOLLOW THAT UP, BUT I'LL TRY. MR. PRESIDENT, MOST HONORED CHANCELLORS, DISTINGUISHED REGENTS AND THEIR GUESTS AND [INAUDIBLE]. WORDS CAN EXPRESS THE GRATITUDE I FEEL FOR THE SUBLIME HONOR I PROMOTED EVERY DAY WITH EVERY WORD I LECTURE OR INTEGRATE IN MY RESEARCH. CU AND UCCS SPECIFICALLY IS CONTINUOUSLY GIVING ME A FREEDOM OF INQUIRY, RESEARCH AND AN OPEN VISTA OF INTERPRETATIONS THAT SINCE MY GRADUATE YEARS AT UCLA AND STUDYING IN VIENNA, I NEVER FOUND AT ANY OTHER AMERICAN INSTITUTION. AND IF I AM AWARE THAT FILM AND CULTURAL CRITICISM, THAT MY FILM AND CULTURAL CRITICISM HAS BOTH AN UNUSUAL BREADTH AND A TIGHTLY FOCUSED SPECIFICITY FOUND AT INTERSECTIONS OF CENTRAL EUROPEAN CULTURE, CINEMA HISTORY, POLITICS, DOCUMENTARY AND HUMANITIES. SEVERAL MORE PATHWAYS WHICH ONLY. WHICH I HAVE ONLY BEEN ABLE TO ACCOMPLISH BY BEING AT UCCS ARE AROUND THE CORNER. OPENING A LINE OF STUDY ON A SPECIFICALLY TRANSCULTURAL AUSTRIAN CINEMA AND ITS MIRROR ROLE WITH HOLLYWOOD. AS THE MOTHER OF AN INTERNATIONAL ROSTER OF ARTISTS AND CINEMATIC CONCEPTS RANGING FROM A FEMALE FOUNDING SILENT PIONEER, TO THE WOMEN WHO HAVE GIVEN THE PAST 20 YEARS IN CREATING THE MOST CRITICALLY INSIGHTFUL OF NEW WAVE CINEMAS, THIS FROM A NATION THAT ONCE NEARLY MANAGED TO USE THE POWER OF ITS MODEST FILM PRODUCTION AND ITS CENTRAL EUROPEAN COLONY IN HOLLYWOOD TO DENY TO ALMOST DERAIL ADOLF HITLER'S PLANS FOR ANNEXATION IN 1938. FILM STUDIES TOO BEYOND AUSTRIAN STUDIES AND DANUBE STUDIES AND CINEMATIC COLONIALISM IS NOW A GIVEN. IT WAS NOT AT ALL THAT. LOCATION, THAT SCHOLARLY LOCATION THAT WE VISIT TODAY. WHEN I BEGAN WITH TWO TELEVISION MONITORS AND STUDENTS SITTING ON RUGS, ENCHANTED AND ENLIGHTENED, 20 OVER 20 YEARS AGO, BUT THE ANSWER WAS YES FROM UCCS. FOLLOW THAT THOUGHT. GO AHEAD. MAKE FILM STUDIES A NORMAL. THIS IS YOUR LAB, YOUR AFFRONTS AGAINST SILENCE ARE ENCOURAGED. AND OUR STUDENTS ARE NOW ACHIEVERS BEYOND ANYTHING WE MIGHT HAVE DREAMT DECADES AGO. AND MUCH LIKE THE ARCHEOLOGIST I DREAMT OF BEING AS A YOUNG BOY, I WAS WELCOME TO DUST OFF BOOKS AND BINDERS, FORGOTTEN OR NEVER REMEMBERED TO WRITE ON SPECTACULAR FIGURES, NEVER IN THE MAINSTREAM. NOW, ONCE SHOWN ALIGHTS REMARKABLE. AND NOW SO TO DO IT AGAIN. TO THIS, I DEDICATE MY WORK AS A SCHOLAR, TEACHER, A PUBLIC EDUCATOR, A WRITER, A FILM PRODUCER, AND PERHAPS THE MOST FULFILLING OF ALL, A MENTOR. BECAUSE OF THIS WONDERFUL GIFT YOU HAVE GIVEN ME, CU AND UCCS, I KNOW I WILL FIND INTERSECTIONS YET ONLY SURMISED. THANK YOU. TO THE CHAIRS OF MY TWO DEPARTMENTS, THERESA MEADOWS AND SUZANNE [INAUDIBLE] PROFESSOR [INAUDIBLE] AND CU I PROMISE THAT I WILL REMAIN VIGILANT TO THE MEANING OF DISTINGUISHED PROFESSOR, THANK YOU AND THANK YOU. THANK YOU, [INAUDIBLE] AND PROFESSOR DASSANOWSKY, ANY COMMENTS FROM REGENTS? AT THIS POINT, WE'LL MOVE ON TO CHESTER DISTEFANO, WHO WILL INTRODUCE OUR NEXT DISTINGUISHED PROFESSOR. THANK YOU, REGENT GALLEGOS. AND IT'S MY PLEASURE TO INTRODUCE PROFESSOR MARK ALBOWITZ. MARK IS A PROFESSOR OF APPLIED MATHEMATICS. HE WORKS ON SOME OF THE MOST FUNDAMENTAL QUESTIONS OF OUR THEORETICAL UNDERSTANDINGS OF PHYSICAL SYSTEMS, INCLUDING NONLINEAR WAVES AND INVERSE DATA RAYS. HE HAS PROVIDED NEW TOOLS TO DERIVE SOLUTIONS TO NON-LINEAR PARTIAL DIFFERENTIATE, DIFFERENTIAL EQUATIONS. [00:50:02] HIS OUTSTANDING CONTRIBUTIONS HAVE HAD A PROFOUND EFFECT IN WATER WAVES, NONLINEAR OPTICS AND NUMERICAL AND COMPUTATIONAL METHODS. APPLICATIONS OF HIS FORMIDABLE RESEARCH ARE WIDE RANGING FROM LASERS TO THE BOSE EINSTEIN [INAUDIBLE]. HE'S A FORMER GUGGENHEIM FELLOW AND SLOAN FELLOW. HE'S AN AMERICAN MATH SOCIETY FELLOW, APPLIED MATHEMATICS FELLOW, AND HE IS A WINNER OF THE KRUSKAL PRIZE, WHICH IS AWARDED FOR SIGNIFICANT RESEARCH IN THE MATHEMATICAL THEORY OF NONLINEAR WAVES. DR. ALBOWITZ IS A PROFESSOR OF DISTINCTION IN ARTS AND SCIENCES AND A 2009 DISTINGUISHED LECTURER AT CU BOULDER, HE IS THE AUTHOR OF FIVE BOOKS THAT HAVE ACHIEVED THE STATUS OF REFERENCE WORKS IN THE FIELD. MARK HAS BEEN FUNDED CONTINUOUSLY BY THE NATIONAL SCIENCE FOUNDATION AND THE AIR FORCE OFFICE OF SCIENTIFIC RESEARCH FOR MORE THAN 40 YEARS. PLEASE JOIN ME IN WELCOMING DISTINGUISHED PROFESSOR MARK ALBOWITZ. MARK? THANK YOU. THANK YOU VERY MUCH, CHANCELLOR DISTEFANO. THANKS TO MY COLLEAGUES, PROFESSOR FRANCOIS MEYER, MARK [INAUDIBLE] AND CHAIR KEITH JULIAN FOR THEIR SUBSTANTIAL EFFORTS IN NOMINATING ME. I THANK THE NUMEROUS COMMITTEES, DEAN, AGAIN THE CHANCELLOR, PRESIDENT, REGENTS, WHO FELT MY CONTRIBUTIONS WORTHY OF THIS HONOR. I MOVED TO CU BOULDER IN JULY 1989 TO TAKE ON THE POSITION OF DIRECTOR OF A NEWLY FORMED PROGRAM IN APPLIED MATHEMATICS. ACTUALLY, MY WIFE [INAUDIBLE] IT MOVED HERE IN JANUARY 89 BECOME DIRECTOR OF DEVELOPMENT IN THE COLLEGE OF ENGINEERING AT CU BOULDER. SHE HAD NO ILLUSTRIOUS FUNDRAISING CAREER AND LED THE WAY FOR NUMEROUS BUILDINGS TO BE BUILT ON CAMPUS. MY ONLY RESERVATION WAS THAT I LOST MY PRIME PARKING SPOT WHEN ONE OF THOSE BUILDINGS WAS BUILT. MY SONS, TODD AND JACOB GRADUATED FROM CU BOULDER WITH BACHELOR'S DEGREES, AND MY DAUGHTER STEPHANIE IS A GRADUATE OF THE MEDICAL SCHOOL. SO OUR FAMILY HAS DEEP CONNECTIONS TO CU. THE PROGRAM IN APPLIED MATHEMATICS BECAME A DEPARTMENT IN 1996. IT'S FLOURISHED, IT'S HIGHLY REGARDED ON CAMPUS AND INTERNATIONALLY. LOOKING BACK, I GREW UP IN THE BRONX, MY PARENTS HAD MODEST JOBS, THEY DIDN'T GO TO COLLEGE. IN ELEMENTARY SCHOOL, I WAS A MEDIOCRE STUDENT, MAINLY INTERESTED IN SPORTS. I WENT TO A NEIGHBORHOOD HIGH SCHOOL, QUITE A ROUGH PLACE, SOME 4000 STUDENTS, OUT OF 4000 STUDENTS, AND 200 OF THE MORE TALENTED STUDENTS WERE IN AN HONOR SCHOOL. I DID WELL, ESPECIALLY MATH. AND THE GUIDANCE COUNSELOR SUGGESTED I GO AWAY TO COLLEGE AND STUDY ENGINEERING, WHICH MATH ORIENTED KIDS DID IN THOSE DAYS. AND I DID IT AT THE UNIVERSITY OF ROCHESTER. MY PARENTS WERE STUNNED. HOW COULD I LEAVE NEW YORK? SO HERE I WAS, AN 18 YEAR OLD COLLEGE KID FROM THE BRONX MOVING TO A HAVEN OF SUBURBAN KIDS. MY HAIRSTYLE WAS DIFFERENT. MY ACCENT WAS DIFFERENT, I HAD A FULL BRONX ACCENT, SOME OF WHICH YOU MIGHT HEAR TODAY, I HUNG IN THERE, DID WELL, ESPECIALLY MATH. SOMEHOW, I CAUGHT THE ATTENTION OF A PROFESSOR. HE ASKED ME, DID I THINK OF GOING TO GRADUATE SCHOOL IN MATH? I THOUGHT ABOUT GRADUATE SCHOOL IN ENGINEERING, BUT NOT MATH. I HARDLY KNEW WHAT THEOREM WAS. THE PROFESSOR WHO HAD A PH.D. IN APPLIED MATH ARRANGED FOR ME TO GO TO AN INTERVIEW. AND I MET HIS FORMER ADVISOR AND SOME OF THE OTHER FACULTY IN THE MATH DEPARTMENT AT MIT. I WAS ACCEPTED. AND SO OFF I WENT TO BECOME A MATHEMATICIAN. BEING A PROBLEM SOLVER TYPE, I STUDIED APPLIED MATH, MY FIELD WAS AND IS TODAY THE MATHEMATICS OF WAVES, LARGE AMPLITUDE WAVES CALLED NONLINEAR WAVES. NOW, LINEAR WAVES ARE FAR LESS STUDIED THAN THE SMALL AMPLITUDE, LINEAR WAVE COUNTERPARTS. WAVES ARE EVERYWHERE, FOR EXAMPLE, WATER WAVES SUCH AS THOSE IN OCEANS AND LAKES. APPLICATIONS INCLUDES THE TSUNAMIS, SHIPBUILDING . WE SEE BECAUSE OF LIGHT WAVES AND THERE ARE ALL SORTS OF OPTICAL WAVE APPLICATIONS, SUCH AS THOSE IN COMMUNICATIONS AND LASERS. ONE OF THE UNUSUAL THINGS IN MY LIFE HAS BEEN SOME OF THE MATH METHODS I'VE USED. THEY'RE IN A FIELD CALLED COMPLEX VARIABLES. PERHAPS YOU MAY RECALL IN HIGH SCHOOL, YOU LEARN TO SOLVE QUADRATIC EQUATIONS. [00:55:05] THERE WAS SOMETHING STRANGE. THE SOLUTION OF A QUADRATIC EQUATION IS NOT ALWAYS REAL. YOU MAY EVEN RECALL THE SOLUTION OF X SQUARED EQUAL MINUS ONE. IS WHAT WE CALL I, SQUARE ROOT OF MINUS ONE. THE UNIT IMAGINARY NUMBER. QUADRATIC EQUATIONS CAN HAVE SOLUTIONS THAT ARE COMPLEX. YOU LEARNED THAT THEY WERE A COMBINATION OF REAL AND IMAGINARY NUMBERS. ARABIC AND PERSIAN MATHEMATICIANS SET OUT THE ROOTS OF ALGEBRA BEFORE 1000 AD, BUT THEY DIDN'T UNDERSTAND COMPLEX NUMBERS. EUROPEAN MATHEMATICIANS USED COMPLEX NUMBERS IN THE 16 AND 17 HUNDREDS. BUT IT WASN'T UNTIL THE EIGHTEEN HUNDREDS THAT MATHEMATICIANS DEVELOPED CALCULUS AND THE WORLD OF COMPLEX FUNCTIONS, DEVELOPMENTS AND ALL SORTS OF APPLICATIONS ENSUED. SO WHAT'S SO UNUSUAL HERE? WAVES ARE REAL, I STUDY WAVES WE CAN MEASURE AND SEE THEM, WHAT WE DO WITH COMPLEX VARIABLES IS GO OUT OF THE REAL WORLD INTO THE NON REAL IMAGINARY AND COMPLEX WORLD, DO SOPHISTICATED MATH ANALYSIS, AND THEN RETURN TO THE REAL WORLD WHERE WE MAKE ACCURATE PREDICTIONS THAT AGREE WITH REAL WORLD MEASUREMENTS. THIS IS STRANGE, BUT BEAUTIFUL. I CAN CERTAINLY SAY THAT EVERY DAY I ENJOY MY WORK, I ENJOY TEACHING ESPECIALLY COMPLEX VARIABLES TO BOTH UNDERGRADUATE AND GRADUATE STUDENTS, AND I CERTAINLY ENJOYED RESEARCH. THANK YOU FOR YOUR ATTENTION. THANK YOU, PROFESSOR ALBOWITZ AND CHANCELLOR DISTEFANO. INTRODUCE. YES, SIR. YES, I'M SORRY. REGENT GALLEGOS IT IS NOW LIKE IT'S NOW MY PLEASURE TO INTRODUCE DR MICHELLE ELLSWORTH, PROFESSOR OF THEATER AND DANCE, AND FOR 15 YEARS, PROFESSOR ELLSWORTH'S WORK HAS POSITIONED HER AS A LEADING CHOREOGRAPHER AT THE JUNCTURE OF SCIENCE, TECHNOLOGY AND DANCE. SHE INTERMINGLES THESE DISCIPLINES TO CREATE SOLUTIONS OR DEMONSTRATIONS OF UNCONVENTIONAL GEOPOLITICAL AND PERSONAL PHENOMENA. AMONG HER MANY HONORS ARE A GUGGENHEIM FELLOWSHIP, A DORIS DUKE IMPACT AWARD, A CREATIVE CAPITAL FELLOWSHIP AND THREE NATIONAL PERFORMANCE NETWORK CREATION FUND COMMISSIONS. SHE EARNED AN NEFA NATIONAL DANCE PROJECT IN 2014 AND 2017 FROM THE NEW ENGLAND FOUNDATION FOR THE ARTS, WHICH SUPPORTS THE CREATION AND TOURING OF NEW DANCE WORKS AND CONNECTS ARTISTS, CULTURAL ORGANIZATIONS AND AUDIENCES ACROSS THE NATION. PROFESSOR ELLSWORTH HAS CONSISTENTLY MENTIONED AS ONE OF THE MOST IMPACTFUL FACULTY, AND HER CLASSES ARE RATED AS ONE IN WHICH STUDENTS LEARN THE MOST. PROFESSOR ELLSWORTH HAS FREQUENTLY REQUESTED AS A THESIS ADVISOR FOR MASTER'S AND DOCTORAL STUDENTS, IT'S MY HONOR TO INTRODUCE DISTINGUISHED PROFESSOR MICHELLE ELLSWORTH. MICHELLE? HELLO, THANK YOU SO MUCH. THANK YOU. HOW SHALL I START? I SHALL SAY THAT I'M VERY I'M VERY HONORED BY THIS DISTINGUISHED AWARD AND I GET IT'S VERY FUNNY BECAUSE YOU'RE ALL THINKING, OH, SHE'S A PERFORMER, SHE'S A DANCER. SHE KNOWS HOW TO SPEAK PUBLICLY. I SPEAK A LOT WHEN I DANCE, BUT EVERY TIME IN THIS ACADEMIC CONTEXT, I GET A LITTLE NERVOUS. BUT IT'LL PASS VERY SOON. YOU'LL SEE. SO I'M HONORED. THANK YOU ALL. I'M HONORED TO BE HERE AND I MIGHT ADD A LITTLE SHOCKED AS WELL AND COULDN'T BE HERE WITHOUT THE LABOR OF ALL OF MY COLLEAGUES AROUND ME. SO LET ME JUST SAY THAT YOU COULD DESCRIBE ME AS A TRUE HOMEGROWN ARTIFACT OR PIECE OF FRUIT OR ARTISTS THAT FELL FROM THE TREE OF THE UNIVERSITY OF COLORADO. I HAVE BEEN HERE AT CU FOR OVER TWENTY YEARS. AND DURING THAT TIME I'VE MADE NINETY FIVE PERCENT OF MY ENTIRE BODY OF WORK THAT HAS GARNERED ALL OF THESE AWARDS AND RECOGNITION. AND I AM FULLY AWARE THAT I DON'T KNOW IF I COULD HAVE MADE THIS WORK IN ANOTHER PLACE OR AT A DIFFERENT INSTITUTION, AND THAT FEELS QUITE SIGNIFICANT AGAIN TO ME. SO IN A WAY I FEEL LIKE THIS AWARD IS ALSO AN AWARD TO TO MY CAMPUS AS WELL, BECAUSE IT HAS BEEN THE ATTENTION TO INTERDISCIPLINARY COLLABORATION THAT HAS MADE SUCH A BIG DIFFERENCE TO ME. SO IN THE LAST TWENTY YEARS, I'VE HAD MEANINGFUL COLLABORATIONS BOTH [01:00:02] PEDAGOGICALLY AND ARTISTICALLY IN THE COLLEGE OF MUSIC, THE COLLEGE OF ENGINEERING, IN THE COLLEGE OF COMMUNICATIONS, MEDIA, COMMUNICATIONS AND INFORMATION, AND OF COURSE, IN THE COLLEGE OF ARTS AND SCIENCES AND WITHIN ARTS AND SCIENCES. SO MANY MEANINGFUL INTERACTIONS AND GROWTH HAVE HAS OCCURRED IN MY WORK WITH FACULTY, GRADUATE STUDENTS AND STUDENTS IN CINEMA STUDIES, ENVIRONMENTAL STUDIES, ECOLOGY AND EVOLUTIONARY BIOLOGY AND ART AND ART HISTORY. CAMPUSES COMMITMENT TO INTERDISCIPLINARITY HAS BEEN PROFOUND, AND AGAIN, IT HAS BEEN IT HAS FUELED MY RESEARCH IN A WAY THAT I CAN'T QUITE. I CAN'T EMPHASIZE ENOUGH TO FEEL THE LEADERSHIP ON THE CU BOULDER'S CAMPUS COMMITMENT TO INTERDISCIPLINARY WORK HAS MADE TRULY ALL THE DIFFERENCE IN TERMS OF ENCOURAGING, ENCOURAGING IT AND SUPPORTING IT, AND PARTICULARLY SUPPORTING MY OWN RESEARCH, FEELING THAT I HAVE THE RESOURCES AND THE THEIR COMMITMENT TO THIS KIND OF EXPERIMENTAL WORK THAT I DO HAS BEEN PROFOUND TO HAVE BEEN HEARD. AS MY COLLEAGUE DESCRIBED BEFORE ME, I HAVE HEARD SO MANY YESES ON CAMPUS AND THAT HAS MADE SO MUCH. AND LIKE MY COLLEAGUE JUST BEFORE ME, ALSO IN ARTS AND SCIENCES, I DABBLE IN THE NON-REAL AND THE IMAGINARY TO COME BACK TO THE REALITY OF OUR CONDITION AND HOPE THAT I CAN PROVIDE AN INSIGHT IN A WAY THAT THE ARTS SO PROFOUNDLY CAN DO. SO CAMPUS HUGE, ALL THESE DEPARTMENTS, ALL THESE COLLEGES. BUT ALSO I NEED TO RETURN LASTLY TO MY TENURE HOME IN THEATER AND DANCE, WHICH HAS AN INCREDIBLY EXPENSIVE DEFINITION OF DANCE. MY WORK REALLY DOESN'T SOMETIMES LOOK LIKE DANCE. AND WHEN I GET REVIEWS IN THE NEW YORK TIMES AND OTHER PLACES, IT IS OFTEN REMARKED THAT IT IS BETWEEN SO MANY DIFFERENT DISCIPLINES. AND FOR THAT I FEEL PROUD AND I FEEL THAT IT REFLECTS MY TIME AT CU IN A MEANINGFUL WAY. I'M SO GRATEFUL TO BE IN THE DEPARTMENT OF THEATER AND DANCE, THE STUDY THAT THE DANCE DEPARTMENT DOES THAT CENTRALIZES THE BODY DANCE. IT CAN MEAN MANY DIFFERENT THINGS, BUT INESCAPABLY MEANS THAT THE CENTRALITY OF THE BODY IS OBSERVED AND WITNESSED, THE IMPACT THE BODY HAS ON OTHER BODIES AND ON INSTITUTIONS AND ON CHOICES, AND HOW TECHNOLOGY, THE SCIENCES, RACISM, IMPACT BODIES IN ADDITION TO THE AMAZING COLLEGIALITY THAT I HAVE IN THAT DEPARTMENT. I'D ALSO MENTIONED HOW GRATEFUL I AM FOR THEIR COMMITMENT TO DECOLONIZATION AND THE PROFOUND ANTI-RACIST WORK THEY DO. I FEEL EXCITED FOR CAMPUS AND FOR THE WHOLE UNIVERSITY OF COLORADO, BOULDER THAT WE ARE ON THE CUSP OF REALLY ADDRESSING AND EMBRACING THE WORK THAT NEEDS TO BE DONE TO DECOLONIZE AND FIGHT FOR RACIAL JUSTICE. I'M PROUD OF THE WORK THAT THE DEPARTMENT OF THEATER AND DANCE HAS DONE, AND I KNOW THERE'S SO MUCH MORE WORK WITHIN THOSE WALLS TO DO AND WITHIN THE CAMPUS AT LARGE. BUT I'M PROUD TO BE A PART OF THAT EFFORT AND AGAIN, FEEL THAT FUELS M RESEARCH. I'M GRATEFUL. I'M SURPRISED. I'M HONORED. AND THANK YOU TO ALL OF THE LEADERSHIP WHO HAS SEEN THEATER AND DANCE AND SEES HOW IMPORTANT THE ARTS ARE IN TERMS OF BEING PART OF THIS IMPORTANT, THE DISCOURSE OF HUMANNESS THAT WE ALL UNDERTAKE. THANK YOU. THANK YOU, PROFESSOR ELLSWORTH, CHANCELLOR DISTEFANO, CHANCELLOR DISTEFANO. I THINK YOU HAVE THE NEXT ONE AS WELL, RIGHT? YES, I DO. OUR LAST ONE FROM THE BOULDER CAMPUS IS DR. WILLIAM PENUEL. AND WILLIAM IS A PROFESSOR OF LEARNING SCIENCES AND HUMAN DEVELOPMENT IN THEIR SCHOOL, IN OUR SCHOOL OF EDUCATION. AND THE INSTITUTE OF COGNITIVE SCIENCE. IS PROMINENT IN THE FIELD OF LEARNING SCIENCES AND EDUCATION. HIS SCHOLARLY WRITING TRAVERSES A WIDE RANGE OF AUDIENCES AND IDEAS. TWO OF HIS RESEARCH METHODOLOGIES HAVE GAINED PARTICULAR PROMINENCE. RESEARCH PRACTICE PARTNERSHIPS AND DESIGN BASED IMPLEMENTATION RESEARCH. THESE APPROACHES TO RESEARCH HAVE BEEN ADOPTED BY MANY PRIVATE FOUNDATIONS AND GOVERNMENT AGENCIES. WILLIAM WAS ELECTED TO THE NATIONAL ACADEMY OF EDUCATION, AN HONOR GENERALLY RESERVED FOR MORE SENIOR SCHOLARS. HE IS A FELLOW OF THE AMERICAN EDUCATIONAL RESEARCH ASSOCIATION, A FELLOW OF THE INTERNATIONAL SOCIETY FOR DESIGN AND DEVELOPMENT AND EDUCATION AND FELLOW OF THE INTERNATIONAL SOCIETY OF THE LEARNING SCIENCES. PLEASE JOIN ME IN WELCOMING PROFESSOR WILLIAM PENUEL. THANK YOU, CHANCELLOR DISTEFANO, FOR THAT KIND INTRODUCTION. PRESIDENT KENNEDY, REGENTS, FELLOW MEMBERS OF THE CU COMMUNITY, I'D LIKE TO BEGIN [01:05:05] MY REMARKS AS I DO ANY LARGE RESEARCH PROJECT MEETING ON ZOOM, WHERE PEOPLE IN NORTH AMERICA ARE GATHERED WITH A LAND ACKNOWLEDGMENT. AND I DRAW FROM THE TEXT THAT YOU RECENTLY ADOPTED FROM THE UNIVERSITY OF COLORADO'S OWN LAND ACKNOWLEDGMENT, WHICH STATES ACKNOWLEDGING THAT WE LIVE IN THE HOMELANDS OF INDIGENOUS PEOPLES, RECOGNIZES THE ORIGINAL STEWARDS OF THESE LANDS AND THEIR LEGACIES. WITH THIS LAND ACKNOWLEDGMENT, WE CELEBRATE THE MANY CONTRIBUTIONS OF NATIVE PEOPLES TO THE FIELDS OF MEDICINE, MATHEMATICS, GOVERNMENT AND MILITARY SERVICE, ARTS, LITERATURE, ENGINEERING AND MORE. WE ALSO RECOGNIZE THE SOPHISTICATED AND INTRICATE KNOWLEDGE SYSTEMS INDIGENOUS PEOPLE HAVE DEVELOPED IN RELATIONSHIP TO THEIR LANDS. MY WORK OUR WORK IS FOCUSED ON BUILDING PARTNERSHIPS WITH YOUTH EDUCATORS AND EDUCATION LEADERS AND SCIENCE EDUCATION TO BRING ABOUT SYSTEMIC CHANGE AND EDUCATIONAL JUSTICE, ONE OF THOSE PARTNERSHIPS IS THE ACESS PARTNERSHIP, WHICH STANDS FOR ADVANCING COHERENT AND EQUITABLE SYSTEMS OF SCIENCE EDUCATION INVOLVES RESEARCHERS HERE AT CU, AT THE UNIVERSITY OF WASHINGTON AND THE PROFESSIONAL ASSOCIATION OF THE LEADERS IN SCIENCE EDUCATION IN ALL 50 STATES, THE DISTRICT OF COLUMBIA AND FOUR U.S. TERRITORIES. IN OUR MEETINGS, WE BEGIN WITH A LAND ACKNOWLEDGMENT LIKE THE ONE THAT I SHARED IN PART TO HELP SET A CLEAR INTENTION FOR HOW WE'LL WORK TOGETHER, IN RECOGNITION THAT IT MATTERS HOW WE BUILD KNOWLEDGE AND MAKE CHANGE TOGETHER, NOT JUST THAT WE DO SO, AND THAT WE ACKNOWLEDGE INDIGENOUS PRESENCE NOW IN THE FIELDS OF STEM EDUCATION AND COMMIT OURSELVES TO HELPING STUDENTS NOT TO REPLACE THEIR COMMUNITIES WAYS OF KNOWING WITH SCIENTIFIC WAYS OF KNOWING, BUT TO HELP THEM NAVIGATE AMONG THE MANY DIFFERENT WAYS OF KNOWING, BEING AND DOING IN THE WORLD. I ALSO WORK IN PARTNERSHIP WITH DENVER PUBLIC SCHOOLS, ALONGSIDE MANY COLLEAGUES HERE AT CU AND ICS DIRECTOR TAMI SUMMER, WHERE WE HAVE DEVELOPED THREE HIGH SCHOOL SCIENCE CURRICULUM MATERIALS THAT ARE USED NOT ONLY IN DENVER AND ACROSS COLORADO, BUT IN 40 OTHER STATES. IN THAT WORK WE WORK TOWARD EDUCATIONAL JUSTICE BY CENTERING THE EXPERIENCES OF BLACK, LATINX AND INDIGENOUS STUDENTS, GIRLS AND GENDER NON BINARY STUDENTS AND EMERGING MULTILINGUAL STUDENTS. OUR GOAL IS TO WORK TOWARDS SYSTEMS OF SCIENCE EDUCATION, WHERE STUDENTS ARE ABLE TO SEE THE WORK THEY'RE DOING IN SCIENCE CLASS AS MEANINGFUL AND RELEVANT TO THEIR EVERYDAY LIVES. IN FOLLOWING THE GUIDANCE OF THE NATIONAL ACADEMIES REPORT THAT GUIDES OUR WORK, WE TAKE SERIOUSLY THE CHARGE THAT IT SHOULD BE THE EDUCATIONAL RIGHT OF STUDENTS TO BE ABLE TO FRAME SCIENTIFIC QUESTIONS PERTINENT TO THEIR INTERESTS, CONDUCT INVESTIGATIONS AND SEEK OUT RELEVANT ARGUMENTS AND DATA AND REVIEW AND APPLY THOSE ARGUMENTS TO SITUATIONS AT HAND AND COMMUNICATE THEIR SCIENTIFIC UNDERSTANDING AND ARGUMENTS TO OTHERS. ALL OF THIS WORK IS SUPPORTED BY EXTERNAL GRANTS THAT ARE POSSIBLE ONLY BECAUSE OF CU STAFF WHO HELP US SECURE AND MANAGE EXTERNAL FUNDING AND BY ITS LEADERS, FACULTY, STAFF AND STUDENTS AND DEPARTMENTS, SCHOOLS AND CENTERS. I AM GRATEFUL FOR THIS HONOR TO BE NAMED DISTINGUISHED PROFESSOR AND PARTICULARLY THANKFUL FOR THE EFFORTS OF DEAN [INAUDIBLE] SHEPHERD AND DEAN SHULTZ TO ASSEMBLE A DOSSIER IN SUPPORT OF THIS HONOR. SINCE 2011, CU HAS BEEN A PLACE THAT HAS BOTH NURTURED MY CREATIVITY AND CHALLENGED ME TO GROW. I AM THANKFUL FOR OPPORTUNITIES FOR LEARNING PROVIDED BY MY COLLEAGUES IN THE LEARNING SCIENCES AND HUMAN DEVELOPMENT PROGRAM AND IN THE INSTITUTE OF COGNITIVE SCIENCE. AND I'M PARTICULARLY GRATEFUL FOR THE STUDENTS, POSTDOCTORAL SCHOLARS AND RESEARCH ASSOCIATES THAT I'VE BEEN ABLE TO LEARN WITH AND FROM THESE PAST NINE YEARS. THEY ARE TRULY THE PEOPLE WHO MAKE THIS WORK POSSIBLE. I DO WISH TO CLOSE WITH A SINCERE WISH THAT WE AS AN INSTITUTION LEARN TOGETHER HOW TO LIVE UP TO THE COMMITMENTS AND TRUTH OF THE LAND ACKNOWLEDGMENT I SHARED TODAY. THAT WE LEARN TOGETHER HOW TO BECOME A MORE WELCOMING PLACE FOR STUDENTS WHO IDENTIFY AS BLACK, INDIGENOUS AND PEOPLE OF COLOR. AND FOR LGBTQ STUDENTS HERE AT CU. MY WORK WITH PARTNERS IN DISTRICTS AND STATES IS TO HELP STUDENTS SEE HOW SCIENCE AND ENGINEERING CAN BE RELEVANT TO THEM AND SUPPORT THEIR COMMUNITY PRIORITIES. MY SINCERE WISH IS THAT WE STRENGTHEN THE PROGRAMS OF COMMUNITY ENGAGEMENT AND PARTNERSHIP, AS WELL AS PROGRAMS FOR RESEARCH THAT CAN MAKE THIS POSSIBLE NOT JUST IN K-12 SETTINGS, BUT HERE AT CU. PROGRAMS LIKE THOSE AT THE BOLD CENTER THAT MY STUDENT TANYA [INAUDIBLE] DIRECTS. [01:10:02] AND THAT IS CREATING MUCH NEEDED SUPPORTS FOR STUDENTS FROM NON DOMINANT COMMUNITIES IN STEM FIELDS. WE EACH HAVE A ROLE TO PLAY IN SUPPORTING THE CU DIVERSE BOULDER DIVERSITY PLAN, AND I HOPE THE CULTURES AND INFRASTRUCTURES WE GROW WITH OUR LABS AND CLASSROOMS CAN GROW IN THEIR ABILITY TO RECOGNIZE THE DIVERSITY OF EXCELLENCE WITHIN SPACES THAT ARE AT ONCE CRITICAL AND REFLEXIVE WHILE ALSO BEING CARING AND COMPASSIONATE. THANK YOU. THANK YOU, PROFESSOR PENUEL AND CHANCELLOR DISTEFANO AS WELL. AGAIN, WE THANK THIS COHORT OF DISTINGUISHED PROFESSORS FOR THEIR EXEMPLARY SCHOLARSHIP, TEACHING AND SERVICE TO THE UNIVERSITY OF COLORADO, YOUR UNDERSTANDING, WORK, COMMITMENT AND PASSION FOR KNOWLEDGE INSPIRES US ALL. WE HAVE ANOTHER SIX THAT WE WILL LISTEN TO AT OUR NEXT BOARD MEETING. BUT REGENTS, I WISH THAT WE COULD DO MORE OF THIS TYPE OF WORK INSTEAD OF THE BUSINESS THAT WE DO ALL OF THE TIME. THIS IS IT'S FABULOUS TO LISTEN TO THESE PEOPLE THAT MAKE UP OUR UNIVERSITIES. SO WITH THAT, BEFORE WE TURN IT OVER TO THE NEXT TOPIC, IF REGENTS IF YOU'D LIKE TO WEIGH IN. GO RIGHT AHEAD. LESLIE, I HEARD I HEARD JACKSON, DID YOU WANT TO GO BECAUSE I WAS GOING TO SAY SOMETHING, BUT YOU GO AHEAD. LET ME SHUT THE DOOR. OK, I'LL GO AHEAD THEN. WELL, THIS IS ONE OF MY FAVORITE THINGS THAT WE DO CHAIR GALLEGOS. IT REALLY IS AN INCREDIBLY HUMBLING EXPERIENCE TO HEAR OF ALL OF THE AMAZING WORK THAT OUR FACULTY ARE DOING ACROSS OUR CAMPUSES. AND TO BORROW FROM PROFESSOR ALBOWITZ. WAVES ARE VERY INTERESTING THINGS IN EACH AND EVERY ONE OF YOU HAVE CREATED WAVES IN YOUR FIELD AND WAVES AT THE UNIVERSITY, THAT THAT ENERGY WILL CONTINUE AND LAST LONGER THAN ANY OF US IN OUR IN OUR PHYSICAL PRESENCE WILL AT THE UNIVERSITY. SO THANK YOU ALL FOR YOUR TREMENDOUS EFFORTS IN YOUR FIELDS. AND IT'S AN HONOR TO HAVE YOU BEARING THE CU NAME IN YOUR TITLE. AND WE'RE HONORED TO HAVE. SO THANK YOU. THANK YOU. REGENT SMITH. YES, I GOT MY DOG QUIETED DOWN. SORRY ABOUT THAT. THIS REALLY, YOU KNOW, I ACTUALLY WHEN I WAS A CANDIDATE, I REMEMBER GOING TO WE ALWAYS HAVE THIS MEETING OR THE PROFESSORS COME TO ANSCHUTZ. AND I REMEMBER JUST BEING BLOWN AWAY BY SOMEBODY IN LITERATURE AND SOMEBODY IN MATH, SOMEBODY IN ART THE, JUST THE AMAZING RESEARCH, WHICH IS VERY MUCH OUT OF OUT OF MY FIELD. BUT CONGRATULATIONS TO EVERYONE. I WISH WE COULD ALL BE TOGETHER BECAUSE NORMALLY YOU WOULD HAVE YOUR COLLEAGUES AND FAMILY AND FRIENDS WITH ALL OF US TOGETHER. AND WE HAVE A REALLY NICE LUNCH. SO MAYBE NEXT FALL WHEN WE HAVE THIS IN PERSON AGAIN, YOU ALL CAN COME AND WE CAN ALL CELEBRATE IN PERSON. AND I JUST WANT TO CONGRATULATE BILL. I'VE HAD THE PRIVILEGE OF WORKING WITH HIM OVER THE YEARS AND HE BROUGHT IN A SEVEN MILLION DOLLAR GRANT TO HELP PROVIDE FREE CURRICULAR MATERIALS. SO THANK YOU SO MUCH. YOU KNOW, GREAT WORK, EVERYONE. ANYONE ELSE, REGENTS? THAT WOULD LIKE TO WEIGH IN. THIS ALSO IS IS MY FAVORITE TIME AS WELL. SO CONGRATULATIONS ON BEING A DISTINGUISHED PROFESSOR. IT MEANS A LOT AND I CAN'T EVEN BELIEVE THAT THE PROFESSOR THAT SPOKE ABOUT WAVES, WHAT MADE IT INTERESTING, AND IT WAS A LEARNING EXPERIENCE, NO WONDER HE'S A DISTINGUISHED PROFESSOR. SO, [INAUDIBLE]. I JUST WANT TO SAY CONGRATULATIONS TO ALL OF YOU. YOU'RE SO IMPRESSIVE AND YOU'RE WHY WE DO WHAT WE DO. YOU JUST INSPIRE ALL OF US. SO THANK YOU. THANK YOU. BUT I'LL SAY IT AS WELL. CONGRATULATIONS TO EVERYONE AS A FACULTY MEMBER MYSELF. I KNOW THAT I'M SURROUNDED BY SO MANY AMAZING FACULTY MEMBERS, BUT I LOVE WHEN A LARGER AUDIENCE CAN SEE SOME OF THE AMAZING WORK MY COLLEAGUES DO. AND I ALSO WANT TO SEND THANKS OUT TO THE PEOPLE WHO NOMINATED YOU, BECAUSE THAT'S NO SMALL EFFORT, BUT YOU'RE WORTH IT. THANKS. CHAIR GALLEGOS ARE WE GOING TO GET OUR PICTURE TAKEN NOW WITH OUR DISTINGUISHED PROFESSORS? YES, THERE'S A PHOTOGRAPHER COMING, WHERE YOU ARE IN SOUTH TEXAS REGENT SHARKEY? . YEAH. LIKE REGENT SMITH SAID, WHEN WHEN WE HAVE A CHANCE TO MEET LIVE, WE'LL CERTAINLY DO SOME NICE THINGS THAT WILL LEAD TO THE DISTINGUISHED HONOR THAT YOU HAVE TODAY AS WELL. AND LIKE SHE SAID, WE'RE GOING TO HAVE LUNCH AND PICTURES FOR SURE. REGENT SHARKEY? [01:15:01] I JUST WANTED TO SAY CONGRATULATIONS TO ALL OF OUR DISTINGUISHED PROFESSORS. AND JUST TO REITERATE WHAT MY COLLEAGUES HAVE SAID FOR US AS REGENTS, THAT THESE ARE THE TIMES THAT WE ENJOY SITTING HERE ON THIS BOARD IS LEARNING FROM OUR FACULTY, OUR DISTINGUISHED PROFESSORS, THAT JUST AMAZING, AMAZING WORK THAT YOU DO. AND HOW OUR STUDENTS BENEFIT. HOW OUR COMMUNITIES BENEFIT BECAUSE OF YOUR TEACHINGS AND WHAT YOU PUT OUT THERE INTO THE UNIVERSE. SO THANK YOU VERY MUCH, ALL OF YOU. GREAT. LAST CHANCE ANYONE ELSE THAT WOULD LIKE TO WEIGH IN? THANKS FOR A GOOD, ENJOYABLE HOUR, EVERYONE. THE NEXT ITEM ON THE AGENDA IS THE REGENT'S REPORT, AND ONE THING YOU CAN ALWAYS COUNT ON IS IT WILL BE VERY BRIEF. SO HERE GOES. WE HAVE THREE NEW REGENTS. CONGRATULATIONS AND WELCOME TO OUR THREE NEW REGENTS WHO ARE ACTUALLY ATTENDING THEIR FIRST BOARD MEETING, THEIR FIRST EXECUTIVE SESSION THIS MORNING. AND I ALREADY SEE SOME YAWNS GOING ON. ALONG WITH THAT, WE HAD A VIRTUAL SWEARING IN CEREMONY WITH JUSTICE BOATWRIGHT. VERY SPECIAL, IT WOULD HAVE SURE BEEN MORE SPECIAL HAD IT BEEN DONE IN PERSON AS WELL. WELCOME ADDITION. WE LOST A LOT OF TALENT AND A LOT OF EXPERIENCE WITH THE THREE REGENTS WHO WENT OFF THE BOARD, BUT I CANNOT BELIEVE HOW THE NEW REGENTS HIT THE GROUND RUNNING. CONGRATULATIONS TO ALL OF YOU. I CONTINUE TO BE IMPRESSED WITH THE GREAT THINGS THAT GO ON IN THIS UNIVERSITY, NOT ONLY THE DISTINGUISHED PROFESSORS, BUT WHAT WE'VE BEEN ABLE TO DO FOR STUDENTS AND WITH STUDENTS IN THE AGE OF COVID. IT'S JUST IMPRESSIVE AND AMAZING THAT WHAT HAPPENS AT THE FOUR CAMPUSES AT THE UNIVERSITY OF COLORADO, AND IT'S NOT EASY WORK. AND I WOULD CONGRATULATE THE CHANCELLORS AND THEIR TEAMS FOR HOW HARD THEY'VE WORKED OVER THE LAST YEAR. AND AS YOU'LL FIND OUT LATER TODAY, THE FALL NUMBERS OR I MEAN, THE SPRING NUMBERS FOR ENROLLMENT ARE IN AND VERY PLEASED WITH THEM AS WELL. SO CONGRATULATIONS TO EVERYONE ON THAT. WE ARE AFTER THIS REPORT, WHICH IS ANOTHER COUPLE OF SENTENCES, SENTENCES LONG. THEN WE'RE GOING TO HAVE OUR SPEAKER JOIN US BEFORE THE PRESIDENT'S REPORT, WHICH WILL TAKE US JUST ANOTHER MINUTE OR TWO. I WANT TO CALL ATTENTION TO SOMETHING THAT HAS HAPPENED. AND IT'S A GOOD THING THAT IT HAS HAPPENED BECAUSE IT'S BEEN A DECADE SINCE WE'VE DONE ANYTHING WITH THE REGENTS' WEBSITE. I'M SURE THAT ALL OF ALL OF THE REGENTS HAVE BEEN IN TO SEE IT AND LOOK AT IT. BUT WHAT WE'RE COMMITTED TO AS REGENTS IS OPEN AND TRANSPARENT COMMUNICATION AROUND OUR MEETINGS AND BE HAVING AN EFFECTIVE WEBSITE, ESPECIALLY IN THIS ERA IS IMPORTANT. UNDER KEN [INAUDIBLE] IN HIS OFFICE, FP AND OTHER PEOPLE IN OUR OFFICE, THEY'VE REALLY REVISED THAT. AND YOU CAN FIND IT AT CU.EDU AND IT'S IT'S ROUGH AT THIS POINT, BUT IT'S UP AND RUNNING. AND I THINK THAT YOU WILL SEE THAT IT WILL CONTINUE TO BE A PLACE WHERE WE CAN PROVIDE INPUT AND WHERE REGENTS CAN TALK ABOUT [INAUDIBLE] AND ALL KINDS OF THINGS. [INAUDIBLE] YOU NEED TO MUTE SO WITH THAT, PLEASE, IT'S CU, A GREAT OPPORTUNITY FOR PEOPLE WITH A REGENT DOES, AND IT'S INFORMATIVE AND IT COVERS A LOT OF THE TYPES OF THINGS THAT A LOT OF YOUR CONSTITUENTS WOULD BE ASKING ABOUT. THE LAST THING I WOULD SAY IS I WANT TO THANK THE NINE REGENTS FOR THEIR TIME AND COMMITMENT. THE ENTIRE WEEK HAS TAKEN UP WITH REGENTS [INAUDIBLE] THIS MEETING, EXECUTIVE COUNCIL, HALF DAY MEETING THAT WE HAVE TOMORROW. IT'S JUST A HUGE COMMITMENT THAT YOU MAKE. AND SO THANK YOU FOR ALWAYS BEING THERE TO SERVE THIS UNIVERSITY. AT THIS POINT. WE'RE GOING BACK AND PICK UP WITH MR. WALKER, WHO WAS SPEAKERS, AND WE COULDN'T REACH HIM, AS YOU KNOW. SO WE'RE GOING TO GIVE MR. WALKER HIS A COUPLE OF MINUTES AND WE'RE GLAD TO [01:20:01] LISTEN TO HIM. SO, CARRIE, IF WE'RE READY, EFFIE IF WE'RE READY. IF HE'S READY, WE ARE. I'M READY. I'M READY. DID YOU HEAR ME? GO AHEAD. OK, MY LONG FRIEND REGENT GALLEGOS. HOW ARE YOU THIS AFTERNOON? I'M GOOD THANK YOU. HOW ARE YOU? THANK YOU. I'M FINE. AND ALL MY FRIENDS ON THE BOARD AND IN THE UNIVERSITY. I'M GEORGE WALKER OF CU GRAD CLASS OF 1957. MR. [INAUDIBLE] MENTION THE 1970S FACULTY COUNCIL [INAUDIBLE] REPORT, IT WAS A PIONEERING REPORT. I TALKED TO PROFESSOR [INAUDIBLE] A COUPLE OF WEEKS AGO, HE'S 96 YEARS OLD, DOING WELL. I TOOK CLASSES WITH HE AND CHARLES [INAUDIBLE] COAUTHOR. PROFESSOR [INAUDIBLE] WAS THE FIRST TENURED BLACK PROFESSOR IN THE UNIVERSITY HISTORY. HE WAS ONE OF MY TEACHERS. I HELPED HE AND HIS WIFE MILDRED GET THE STERN AWARD. I'M PROUD TO SAY. ANYHOW, THE [INAUDIBLE] REPORT IS NEVER GIVEN THE CREDIT FOR IT SHOULD NATIONALLY, IT WAS PIONEERING. I WENT OUT TO A CONFERENCE AT CAL BERKELEY IN JANUARY 77 WHEN THEY WERE HAD A CONFERENCE ON THE CASE BEFORE THE SUPREME COURT CALLED BAKI V. THE UNIVERSITY OF CALIFORNIA. I GAVE A SUMMARY OF THE OF THE [INAUDIBLE] REPORT TO ONE OF THE ATTORNEYS THERE, AND HE SAID HE WOULD SEND IT TO THE SUPREME COURT. AND I DID SO TOO, REVERSE THE DECISION OF JUSTICE POWELL. REPUBLICAN JUSTICE POWELL, PARTLY BASED ON THE CU [INAUDIBLE] REPORT, AS IS THE 2003 SUPREME COURT DECISION CALLED [INAUDIBLE], WHERE ANOTHER REPUBLICAN ASSOCIATE, JUSTICE O'CONNOR, RULED THAT YOU COULD CONSIDER RACE AND ETHNICITY UNTIL YOU GOT A CRITICAL, CRUCIAL MASS. IN OTHER WORDS, THE 1970 [INAUDIBLE] REPORT OPERATIONALIZED PER CONCEPT. THE [INAUDIBLE] REPORT STATES CU SHOULD REFLECT THE STATE. AT THIS POINT, THE BOULDER CAMPUS NEEDS TO ABOUT DOUBLE THE NUMBER OF LATINO AND LATINA STUDENTS THAT IT HAS AND SHOULD INCREASE THE NUMBER OF BLACK STUDENTS BY ABOUT FOUR TIMES . 51 YEARS LATER I'M SAYING THE [INAUDIBLE] REPORT IS THE BASIS FOR MOST OF OUR CASES, SUPREME COURT DECISIONS THAT TRY TO GET US TO ACHIEVE FULL CIVIL RIGHTS FOR PEOPLE OF COLOR. AND THEIR DECISIONS WERE ALL MADE BY REPUBLICAN JUSTICES. I RAN FOR GOVERNOR IS AN ABOLITIONIST. FREDERICK DOUGLASS CANDIDATE IN THE STATE IN 1994. AND I'M PROUD TO HAVE RUN AS A REPUBLICAN. THE PARTY OF ABRAHAM LINCOLN, WHOSE BIRTHDAY TOMORROW I STARTED OFF AS ABOLITIONS AND COMMITTED CIVIL RIGHTS FOR SLAVES AND PEOPLE OF COLOR WHO [INAUDIBLE]AND YOU KNOW HOW MUCH I RESPECT YOU. I APPRECIATE THAT YOU'RE DOWN TO YOUR ABOUT YOUR LAST THIRTY SECONDS OR. OKAY, I'M IN THE [INAUDIBLE] OFFICIAL HISTORY CALLED GLORY COLORADA, VOLUME TWO ON PAGE FOUR SEVENTY ONE. WHEN I TESTIFIED IN FAVOR OF THE CRAMER NO RESOLUTION. REGENT CRAMER WAS OUR FIRST BLACK REGENT AND I'M THE PERSON INFORMED THAT SHE WOULD BE PUT ON THE BOARD. I'VE BEEN AROUND A LONG TIME AND WE'VE TALKED ABOUT DIVERSITY. NOW WE HAVE TO DO IT. WE HAVE TO MAKE THE COMMITMENT AND WILL TO DO IT. AND I HOPE YOU DO. AND I RESPECT ALL OF YOU. I'M NOT TRYING TO BE PERSONAL, BUT I WILL BE IN CONTACT WITH MS. [INAUDIBLE] YOU CAN COUNT ON THAT AND TRYING TO HELP THE UNIVERSITY. I'M 85 YEARS OLD. I'M A MAN OF ANGLO, BLACK, JEWISH AND NATIVE AMERICAN INDIAN ANCESTRY. I SPENT TIME IN THE 40S, 50S WITH THREE GREAT GRANDFATHERS WHO WERE BORN IN SLAVERY. I'VE BEEN AROUND A LONG TIME. MR. WALKER. THANK YOU AND GO [INAUDIBLE] AND GOD BLESS YOU. ALL RIGHT. THANK YOU SO MUCH, MR. WALKER. THANK YOU. OK, WE'RE READY TO MOVE ON TO OUR PRESIDENT'S REPORT, PRESIDENT KENNEDY. THANK YOU, CHAIRMAN. WITH THE SPRING SEMESTER WELL UNDERWAY, WE ARE PLEASED TO BE ABLE TO WELCOME STUDENTS BACK TO CAMPUS AT CU BOULDER EARLIER THIS WEEK. WHILE UCCS IS SLATED TO ADD IN-PERSON COURSES TO THE MIX OF INSTRUCTION ON FEBRUARY TWENTY SECOND. CU DENVER, CU ANSCHUTZ WERE ABLE TO START THE SEMESTER AS THEY FINISHED THE LAST [01:25:03] FALL SEMESTER WITH REMOTE AND IN-PERSON OFFERINGS THAT THEY PLAN TO CONTINUE. WE ARE EAGER TO RESUME FULLY IN-PERSON LEARNING AND LIVING ON OUR CAMPUSES AS SOON AS WE ARE ABLE TO, AND WE'RE WORKING AS HARD TO MAKE IT AS POSSIBLE THIS SPRING AS WE CAN. WHILE AFFIRMING THE DECISION TO PRIORITIZE K-12 EDUCATORS RECEIVING VACCINES, WE CONTINUE TO PRESS FOR THE COVID VACCINE TO BE MADE AVAILABLE TO OUR STUDENT FACING FACULTY AND STAFF. RESUMING IN-PERSON INSTRUCTION AS SOON AS POSSIBLE WILL BENEFIT THE MENTAL HEALTH AND WELL-BEING OF OUR STUDENTS AND FACULTY AND HAVE A POSITIVE ECONOMIC IMPACT ON OUR COMMUNITIES. I'M LOOKING FORWARD TO HEARING FROM EACH OF THE CHANCELLORS WHEN THEY DELIVER THEIR CAMPUS UPDATES SHORTLY. AS YOU'LL HEAR LATER IN THE MEETING, THE PANDEMIC CONTINUES TO BUFFET OUR FINANCES DESPITE SOME GLIMMERS OF HOPE BECAUSE HIGHER ED CONTINUES TO GRAPPLE WITH THE EFFECTS OF THE PANDEMIC. HOWEVER, WE RECENTLY LED COLORADO HIGHER ED LEADERS IN WRITING A JOINT LETTER TO OUR FEDERAL DELEGATION REQUESTING ADDITIONAL FEDERAL RELIEF FOR OUR STUDENTS AND INSTITUTION IN THE NEXT CONGRESSIONAL RELIEF PACKAGE. WE ARE GRATEFUL FOR THE RELIEF FUNDING WE RECEIVED VIA THE CARES ACT LAST SPRING. BUT NATIONWIDE, HIGHER EDUCATION CONTINUES TO FACE AN ENORMOUS SHORTFALL. GIVEN THE CRITICAL ROLE THAT HIGHER ED WILL PLAY IN HELPING TO RETURN OUR STATE AND NATIONAL ECONOMIES TO SOLID FOOTINGS IN THE MONTHS AND YEARS AHEAD. INVESTING IN OUR INSTITUTIONS IS OF PARAMOUNT IMPORTANCE. WE CONTINUE TO WORK WITH THE STATE LEGISLATURE IN A NUMBER OF BILLS, INCLUDING ONE THAT PROVIDES IN-STATE TUITION FOR INDIGENOUS STUDENTS LIVING OUTSIDE COLORADO, WHOSE TRIBAL NATIONS ARE HISTORICALLY TIED TO THE STATE'S LAND. AS FEBRUARY IS BLACK HISTORY MONTH. IT'S WORTH NOTING THAT MORE THAN A THOUSAND PEOPLE REGISTERED FOR OUR SOCIAL JUSTICE SUMMIT LAST WEEK, WHICH INCLUDED KEYNOTE ADDRESSES FROM OUR OWN CHIEF DIVERSITY OFFICER, THEODOSIA COOK, AND THE REVEREND DR. JAMIE WASHINGTON, ONE OF THE WORLD'S TOP DIVERSITY CONSULTANTS, AND AN INCREDIBLY DYNAMIC AND ENGAGING PRESENTER. I AM PLEASED I WAS PLEASED TO HELP KICK OFF THIS IMPORTANT EVENT WHICH COVERED CRITICAL TOPICS RELATED TO DEI. WHILE I'M TALKING ABOUT DEI. CREATING A TRULY INCLUSIVE CULTURE ENTAILS ENSURING OUR LIVING AND LEARNING ENVIRONMENTS IN OUR CURRICULA REFLECT DIVERSE PEOPLE AND STORIES AND CELEBRATE INCLUSIVE EXCELLENCE. PENDING REGION APPROVAL, CU BOULDER WILL NAME TEMPORARY BUILDING ONE AFTER THE PROFESSOR EMERITUS L. RAMIREZ AND HIS WIFE VERA AND THE EDUCATION BUILDING AFTER LUCILLE BERKLEY BUCHANAN JONES, WHO IN 1918 BECAME THE FIRST AFRICAN-AMERICAN FEMALE TO GRADUATE FROM CU. I WILL COMMENT ON BOTH AS THE MOTIONS ARE PRESENTED, BUT I WOULD LIKE TO NOTE THAT THE CU COMMUNITY LEARNED A GREAT DEAL ABOUT BUCHANAN JONES FROM JOURNALISM PROFESSOR POLLY MCLEAN'S WONDERFUL BOOK, REMEMBERING LUCILLE A VIRGINIA FAMILY'S RISE FROM SLAVERY AND A LEGACY FORGED IN A MILE HIGH. WHILE HER ACCOMPLISHMENTS AT CU BOULDER IS CERTAINLY NOTEWORTHY. PROFESSOR MCLEAN TELLS US THAT BUCHANAN JONES DID WITH WHAT SHE DID WITH HER LIFE AFTER LEAVING CU IS EVERY BIT AS IMPORTANT, PERHAPS MORE SO. HER PASSION AND A CALLING FOR TEACHING, PARTICULARLY TEACHING THOSE DESPERATE WHO DESPERATELY WANTED AND NEEDED AN EDUCATION. AND BY ALL ACCOUNTS, SHE WAS A REMARKABLE TEACHER. AFTER LEAVING CU, SHE TAUGHT IN SCHOOLS IN KANSAS CITY, ARKANSAS AND CHICAGO AND HAD A POWERFUL IMPACT ON HER STUDENTS, MANY OF WHOM STAYED IN TOUCH WITH HER THROUGHOUT THEIR LIVES. SHE WAS ALSO WHAT WE WOULD CALL TODAY, A LIFELONG LEARNER PURSUING GRADUATE STUDIES AT UNIVERSITY OF CHICAGO. I'M PLEASED BY BOTH OF THESE MOTIONS ON THE AGENDA, AND WE WANT TO PAY TRIBUTE TO THESE OUTSTANDING INDIVIDUALS. AND THIS IS A REAL MILESTONE FOR THEIR DEI WORK. I KNOW WE'LL BE HONORING FORMER CU TREASURER DAN WILSON AND FORMER ASSOCIATE VICE PRESIDENT FOR INTERNAL AUDIT KEVIN SIZEMORE LATER IN THIS MEETING. BUT I'D LIKE TO PUBLICLY STATE MY APPRECIATION TO THEM FOR THEIR OUTSTANDING SERVICE TO THIS UNIVERSITY AND COMMEND THEM ON THEIR DISTINGUISHED CAREERS, THEIR SUCCESSORS. TONY VIEW AND [INAUDIBLE] ARE WONDERFUL ADDITIONS TO THE UNIVERSITY AND WE'RE FORTUNATE TO HAVE THEM ON BOARD. I HOPE DAN AND KEVIN ARE ENJOYING THEIR WELL-EARNED RETIREMENT. THAT IS MY REPORT, CHAIRMAN. THANK YOU, PRESIDENT KENNEDY. LOTS GOING ON AND WE THANK YOU FOR YOUR LEADERSHIP. WE GET TO A PART ON OUR AGENDA. WHERE WE LISTEN TO OUR GOVERNANCE LEADERS, OUR FACULTY, STAFF AND STUDENTS, THEIR REPRESENTATIVES. AND REALLY, THAT'S WHAT THIS UNIVERSITY IS ABOUT. SO THIS NEXT 15, 20 MINUTES WHERE THEY PRESENT IS IMPORTANT TO US. [01:30:04] SO I'M GOING TO TURN IT OVER AT THIS POINT TO JOANNE ADDISON, WHO'S A FACULTY COUNCIL CHAIR. THANK YOU, I THINK I'M UNMUTED NOW. ONE QUICK NOTE TO FOLLOW UP ON PRESIDENTS KENNEDY'S DISCUSSION OF THE RENAMING OF THE BUILDINGS. IF YOU DON'T KNOW DR. POLLY MCLEAN, HE REFERENCED HER BOOK, WHICH IS WHAT PROVIDED INFORMATION ON THE HISTORY OF ONE OF THE FOLKS WHO IT'S BEEN THE NEW BUILDING THE BUILDING HAS BEEN NAMED AFTER. POLLY MCLEAN HAS AN AMAZING HISTORY HERE AT CU BOULDER, A HISTORY THAT'S FILLED WITH CHALLENGES AND SUCCESSES AND TELLS US A LOT ABOUT WHERE WE WERE AND WHERE WE ARE NOW. AND IF YOU DON'T KNOW HER SHOES, HER STORIES ARE IMPORTANT STORIES TO HEAR ABOUT HER EXPERIENCES AS A BLACK WOMAN ON CAMPUS. SO I WOULD RECOMMEND THAT YOU TALK TO THE AUTHOR TOO DIRECTLY. A FACULTY COUNCIL HAS. I'LL JUST MENTION A FEW THINGS. WE RECENTLY SENT A COUPLE OF MEMOS TO THE PRESIDENT'S OFFICE. ONE WAS ON DATA PRIVACY AND DATA JUSTICE. ANOTHER IS A VERY COMPREHENSIVE LIST OF QUESTIONS GATHERED FROM PRIMARILY FACULTY, BUT ALSO SOME FROM STAFF ACROSS THE SYSTEM HAVING TO DO WITH THE ONLINE INITIATIVES. WE HOPE THOSE QUESTIONS ARE ANSWERED FULLY VERY SOON AND IN A VERY TRANSPARENT WAY. THERE ARE A LOT OF QUESTIONS AND CONCERNS ABOUT WHAT'S GOING ON WITH THE ONLINE INITIATIVES. WE CONTINUE TO DO OUR WORK ON IMPROVING SHARED GOVERNANCE THROUGH DIVERSITY, EQUITY AND INCLUSION. AND THAT WAS WORK THAT WE CONTINUE TO DO WITH DR. BRENDA J ALLEN. WE HAVE NOT BEEN ABLE TO GET OUR REVISION OF LAWS OF OUR BYLAWS BASED ON THE NEW LAWS AND POLICIES, THE REGENT LAWS AND POLICIES UNDERWAY YET. BUT WE HOPE PERHAPS TO START THAT THIS SUMMER BECAUSE THAT'S SOMETHING THAT WE REALLY NEED TO GET DONE. AND ONE NOTE I'LL COMMENT ON FOR BOTH RYAN AND MYSELF IS THAT I AM PLEASED TO REPORT THAT OVER THE LAST COUPLE OF YEARS BACK, THE COUNCIL AND STAFF COUNCIL HAS BEEN ABLE TO WORK TOGETHER PRETTY CLOSELY IN A NUMBER OF WAYS. AND RYAN AND I ARE COMMITTED TO FINDING WAYS TO FORMALIZE THAT RELATIONSHIP SO THAT WE CAN CONTINUE TO SUPPORT EACH OTHER ACROSS THE SYSTEM GOING FORWARD LONG AFTER RYAN AND I ARE CHAIR. THAT'S ALL. AND I'D BE HAPPY TO ANSWER ANY QUESTIONS IF ANYONE HAS ANY. QUESTIONS FOR PROFESSOR ADDISON? THANK YOU VERY MUCH. GLEN? SO OBVIOUSLY, WE'VE HEARD THE CONCERNS OF THE STUDENTS THIS MORNING AROUND THE PROCTOR IO SOFTWARE, BUT ALSO WITH THOSE OF US WHO HAVE READ SOME OF THE ARTICLES AROUND ACADEMIC INTEGRITY RIGHT NOW, TOO. I MEAN, THESE ARE KIND OF TWO COMPETING CONCERNS HERE. HOW IS THE FACULTY NAVIGATING THIS ISSUE OF NEEDING TO MAINTAIN INTEGRITY OF OUR ACADEMIC ENVIRONMENT ONLINE WHILE ALSO CREATING A SPACE THAT IS EQUITABLE AND FAIR? YOU KNOW, I'VE USED PROCTOR IO MYSELF FOR SOME CLASSES. I TOOK IT THE DENVER CAMPUS IN MY GRADUATE PROGRAM, AND IT WORKED FINE FOR ME. BUT I'M A STRAIGHT WHITE GUY AND WE HEARD THAT IT DIDN'T WORK WELL FOR OTHER STUDENTS. SO IS THIS A TOPIC OF CONCERN FOR YOU ALL AND WHAT ARE YOU ALL DOING TO ADDRESS IT? SO THIS IS A HUGE TOPIC OF CONCERN FOR FACULTY AND STAFF, REALLY, TOO. AND IT'S NOT JUST WE GET CAUGHT UP ON TALKING JUST ABOUT PROCTORIAL. PROCTORIAL IS JUST ONE SMALL PIECE OF THE PUZZLE. AND AS YOU ALL KNOW, WHEN WE ALL WERE THROWN INTO THE REMOTE ENVIRONMENT, YOU KNOW, ON SHORT NOTICE, THERE WASN'T A WHOLE LOT THAT WAS THAT FACULTY COULD DO. AND SO PROCTORIAL WAS THERE AND IT WAS OFFERED TO FACULTY AND AND IT WORKED WELL ENOUGH MOST OF THE TIME. BUT IT DOESN'T WORK GREAT ALL OF THE TIME. AND THAT'S THE PROBLEM. AND IT'S REALLY WE JUST HEARD TOO MANY STORIES OF IT DISADVANTAGING CERTAIN STUDENTS. THERE ARE ALL KINDS OF WAYS TO MITIGATE THIS, BUT IT TAKES INVESTMENT IN TRAINING FACULTY AND IT TAKES ACKNOWLEDGMENT OF THE WORK AND EFFORT THAT FACULTY PUT INTO ALL OF THAT TRAINING AND ALL OF THE EXTRA THINGS THAT THEY WOULD NEED TO DO TO NOT USE A QUICK AND READY APP LIKE PROCTORIAL. SO THE ANSWER IS, YEAH, THERE ARE ALTERNATIVES. IT WOULD REQUIRE AN INVESTMENT IN TRAINING AND AN INVESTMENT IN FACULTY. AGAIN, THIS IS A THIS IS A PRETTY STRAIGHTFORWARD DEI INVESTMENT FOR MANY OF US IN [01:35:06] ORDER TO DO THIS BETTER. AND I HOPE WE DO DO THAT. AND WE ARE CONCERNED OVERALL, TOO, FOR. THE DATA PRIVACY, PROCTORIAL AGAIN, JUST ONE SMALL THING, WE'RE CONCERNED OVERALL ABOUT DATA PRIVACY IN GENERAL AND DATA JUSTICE AND DATA RIGHTS IN GENERAL. AND WE THINK THAT'S A BIGGER ISSUE THAT WE OUGHT TO BE PAYING ATTENTION TO. AND FACULTY, STAFF AND STUDENTS SHOULD KNOW WHO HAS ACCESS TO WHAT DATA, WHAT THIRD PARTY VENDORS ARE SELLING, ALL THAT KIND OF STUFF WE SHOULD KNOW WE SHOULD BE UP FRONT WITH. SO TWO THINGS TEST INTEGRITY, DATA JUSTICE, THEY'RE RELATED, BUT THOSE ARE BOTH BIG ISSUES. GREAT. OTHER QUESTIONS? WE'LL MOVE TO OUR STAFF CHAIR AND RYAN. [D. 2:15 p.m. GOVERNANCE LEADERS REPORTS] THANK YOU, CHAIR GALLEGOS, AND THANK YOU TO VICE CHAIR SMITH, REGENTS, CHANCELLORS, PRESIDENT KENNEDY, THANK YOU ALL FOR THE OPPORTUNITY TO SHARE SOME NOTES FROM THE STAFF. TO BEGIN I'LL JUST RECAP THAT STAFF COUNCIL HAS MET ONCE IN TWENTY TWENTY ONE SO FAR ON JANUARY 18TH OR SORRY, JANUARY TWENTY FIRST, AND THEN WE'LL MEET AGAIN ON FEBRUARY 18TH NEXT WEEK. AND THEN ALL OF THE UPDATES I HAVE TODAY ARE FROM THE NOVEMBER MEETING FORWARD. SO ALL OF THOSE ARE KIND OF IN THIS SHORT TIME FRAME. REGARDING RETURN TO WORK PLANNING AND SOME CONSIDERATIONS THERE. I KNOW THROUGH STAFF COUNCIL MEETINGS, THROUGH CONVERSATIONS WITH REPRESENTATIVES AND THE STAFF DIRECTLY, WE ARE WELL AWARE THAT RETURN TO WORK PLANNING IS WELL UNDERWAY ON ALL OF OUR CAMPUSES AND WE'RE ALL LOOKING FORWARD TO COMING BACK, AT LEAST IN SOME FORM OR FASHION, ONCE IT'S SAFE TO DO SO AND AFTER VACCINES HAVE BEEN WELL DISTRIBUTED IN COLORADO. I'D LIKE TO MAKE A REQUEST ON BEHALF OF THE STAFF THAT AS THIS PLANNING DOES CONTINUE, THAT WE ALL CONSIDER INCLUDING SOME SORT OF LEAD TIME RELATED TO RETURN TO WORK. MANY STAFF, AS WELL AS FACULTY AND STUDENTS, HAVE HAD TO RESTRUCTURE MUCH OF THEIR LIVES TO ACCOMMODATE NEEDS FOR DEPENDENT CARE, INCLUDING CHILDREN AND ELDER CARE. SOME HAVE EVEN GONE SO FAR AS TO ADOPT PETS. AND I HAVE INCLUDED IN MY REPORT, TOO, LINKS TO INFORMATION THAT ILLUSTRATES THE UNIQUE IMPACT OF EVEN SOMETHING AS SIMPLE AS PET ADOPTION ON COMBATING ISOLATION AND LONELINESS FOR THOSE WHO MAYBE DON'T HAVE THAT MANY PEOPLE IN THEIR HOMES. SO GIVEN ALL OF THAT, THESE COMMITMENTS TO OTHERS REQUIRE INDIVIDUALS TO STRUCTURE THEIR PERSONAL LIVES AROUND THE NEEDS OF OTHERS. AND TO RETURN TO WORK MEANS RESTRUCTURING YET AGAIN TO ACCOUNT FOR IN PERSON WORK ONCE MORE. SO GIVEN THIS, I ASK THAT ADMINISTRATION CONSIDERS A LEAD TIME OF ADEQUATE DURATION, PERHAPS FOUR WEEKS, BUT RELATIVE TO WHATEVER WORKS FOR THE BUSINESS TO ALLOW FOR INDIVIDUALS TO RETURN TO CAMPUS AFTER HAVING SUFFICIENT TIME TO RESTRUCTURE THEIR PERSONAL LIVES TO ACCOMMODATE THOSE THAT THEY HAVE TO CARE FOR. REGARDING THE TUITION BENEFIT POLICY, THIS IS BACK ON OUR RADAR, WE'LL BE TALKING ABOUT THIS MORE AS WE GO FORWARD TOO. YOU'LL RECALL THAT I HAVE MET WITH SEVERAL OF THE CFOS, ADMITTEDLY NOT ALL OF THEM, BEFORE THE PANDEMIC, IN AN EFFORT FOR STAFF COUNSEL TO NOT JUST SAY THAT SOMETHING NEEDS TO CHANGE WITH THE WAY THAT THE TUITION BENEFIT IS STRUCTURED, BUT TO LEARN HOW THE BENEFIT WORKS SO THAT WE CAN MAKE TARGETED RECOMMENDATIONS THAT MAKE SURE EVERYONE THAT'S IMPACTED HAS SKIN IN THE GAME. SO I LOOK FORWARD TO BRINGING CREATIVE IDEAS TO ADMINISTRATION AND WE'LL KEEP YOU UPDATED AS THAT PROGRESSES IN THE FUTURE. RELATED TO THE BUDGET, SHOULD I KNOW MY REPORT REFERENCES MERIT FOR FISCAL YEAR TWENTY ONE, BUT THIS COULD INCLUDE ANY FISCAL YEAR GOING FORWARD. THE STAFF AWAIT NEWS ON POTENTIAL, ON THE POTENTIAL FOR EVEN SO MUCH AS A MINOR MERIT INCREASE POOL THIS YEAR. AND WHILE WE'RE AWARE THAT THOSE DISCUSSIONS ARE ONGOING AND DECISIONS HAVEN'T BEEN MADE YET, WE REMAIN INTERESTED NONETHELESS. SO AS THESE DISCUSSIONS PLAY OUT OVER THE COMING MONTHS, WE, AN INTERESTING IDEA WAS BROUGHT MY WAY AND I'M HERE TO BRING THAT TO YOU ALL, IS THAT WE ASK THAT YOU CONSIDER THE POSITIVE IMPACT ON FRONTLINE FACULTY AND STAFF. SHOULD SOME SORT OF VOLUNTARY MECHANISM BE PUT IN PLACE THAT ALLOWS FOR A GREATER PORTION OF THAT LIMITED MERIT POOL TO GO TO THOSE WHO ARE LOWER EARNERS, WHATEVER THAT NEEDS TO LOOK LIKE? SHOULD THERE EVEN BE A SMALL MERIT POOL? THOSE TYPES OF MECHANISMS WOULD HAVE AN ENORMOUS IMPACT ON THOSE WHO HAVE HAD [01:40:04] TO TIGHTEN THEIR BELTS DUE TO EITHER FURLOUGHS FOR THEMSELVES OR JOB LOSS FOR A PARTNER. THE SECOND INCOME LOSS IN THE FAMILY. WE'LL CONTINUE TO HAVE THOSE DISCUSSIONS WITH THE ADMINISTRATION AS THE MONTHS PROGRESS. ONE OTHER THING I WANT TO TALK ABOUT IS A CU CONNECTIONS ARTICLE RELEASED BY THE PRESIDENT AND COSIGNED BY THE CHANCELLORS RELATING TO STAFF COUNCIL SERVICE ON SHARED GOVERNANCE. AND I WANT TO THANK EACH OF THE CHANCELLORS AND PRESIDENT KENNEDY FOR BEING WILLING TO MAKE KNOWN YOUR SUPPORT FOR STAFF SERVICE ON SHARED GOVERNANCE. YOU'LL RECALL IN AUGUST THAT WE BROUGHT UP SOME STAFF WERE EXPERIENCING BARRIERS. AND THIS LETTER, I THINK, IS A GREAT FIRST STEP TO HELPING US ADDRESS THOSE STAFF COUNCIL BARRIERS. SO IT'S AN EXAMPLE OF US BRINGING SOMETHING AND FEELING HEARD. SO WE APPRECIATE THAT PIECE. I'LL CLOSE WITH BRIEF COMMENTS REGARDING JANUARY 6TH. I WANT TO BRIEFLY STATE THAT IT'S DECIDEDLY THE VIEW OF THE STAFF HAS MADE CLEAR TO US AND UCSC THROUGH MEETINGS, MESSAGES, CALLS, DISCUSSION, SO ON, THAT THE EVENTS SUCH AS THOSE THAT HAPPENED ON JANUARY 6TH, TWENTY TWENTY ONE STRIKE AT THE HEART OF OUR VERY DEMOCRACY, POLITICAL VIOLENCE HAS NO PLACE IN OUR COUNTRY AND SUPPORT FOR SUCH VIOLENCE HAS NO PLACE IN OUR UNIVERSITY, NO MATTER WHAT THE PURPOSE THE VIOLENCE SERVES. WE'RE PROUD OF THE WORK THAT CU'S FACULTY, STAFF, STUDENTS, ALUMNI AND COMMUNITY MEMBERS ALONG WITH ADMINISTRATION DO FOR COLORADO AND THE COUNTRY, WHICH SERVES TO BUILD A WELL-EDUCATED AND BETTER INFORMED SOCIETY THAT CAN HELP US ALL HEAL FROM DIVISIONS AND CREATE ENVIRONMENTS WHERE WE WORK, LEARN AND GROW TOGETHER AS COLORADANS AND AMERICANS, OUR GRATITUDE GOES OUT TO EVERYONE IN OUR CU COMMUNITY, TAKING EXTRA STEPS TO BE KINDER AND GENTLER WITH EACH OTHER AS WE DEAL WITH THE AFTERMATH FROM JANUARY 6TH. AND WITH THAT, I WILL TAKE QUESTIONS ON THE STAFF REPORT. QUESTION FOR RYAN? RYAN, I HAVE A QUESTION OR REALLY MAYBE TO COMMENT ON YOUR REPORT REGARDING THE [INAUDIBLE] WORK PLANNING, BE CURIOUS TO HEAR FROM PRESIDENT KENNEDY. YOU KNOW WHAT THE CONVERSATIONS ARE THERE. I KNOW THAT IN CONVERSATIONS WE'VE HAD, PRESIDENT KENNEDY, YOU'RE IN FAVOR OF EXAMINING HOW OUR WORKFORCE DOES ITS JOB AND EXPANDING OUR EFFORTS IN SORT OF REMOTE WORKING ENVIRONMENTS. AND I THINK THAT WE'RE IN FOR A CHALLENGE IF OUR FUTURE AT THE UNIVERSITY, PARTICULARLY FOR STAFF, IS LIKE, HEY, WELCOME BACK. FIVE DAYS A WEEK, 40 HOURS A WEEK, WE'LL SEE AT YOUR DESKS. I THINK THAT'S A BIG UPHILL BATTLE FOR US TO CLIMB. SO, PRESIDENT KENNEDY, DO YOU HAVE ANY THOUGHTS ON THAT? AS YOU KNOW, AT THE SYSTEM LEVEL, WE HAVE WE'RE ACCOMMODATING POST PANDEMIC PEOPLE WORKING FULLY FROM HOME REMOTELY, PARTIALLY REMOTELY OR FULLY IN THE OFFICE. AND AS PART OF THAT RESTRUCTURING [INAUDIBLE] GRANT WE'RE RELEASING AND THAT NOT JUST RELEASES THAT WE'LL SAVE MONEY ON, BUT ALSO THIS IS PART OF CU DENVER SOUTH ACCOMMODATING THE STAFF THAT WE HAVE AT CU DENVER SOUTH THAT APPROXIMATELY ONE HUNDRED EIGHTY FIVE MORE EMPLOYEES BEING ACCOMMODATED [INAUDIBLE] UNDER GRANT, WHICH WILL SAVE US SOME SIGNIFICANT AMOUNT OF MONEY GOING FORWARD. WE HAVEN'T HAD THE CHANCELLORS AND I HAVEN'T HAD A CHANCE TO REALLY DIALOG HOW THAT MIGHT BE APPLIED ON THE CAMPUSES. BUT I WOULD SAY THAT I FULLY AGREE WITH THE STAFF COUNCIL CHAIR THAT WE NEED TO GIVE ADVANCE NOTICE AS TO WHEN IT IS. WE'RE GOING TO CALL THE CALL THE TIME TO COME BACK IN A LITTLE BIT HARD TO DO WITH A LITTLE BIT UNCERTAINTY AS IT RELATES TO THE VACCINES, BUT IT'S A VERY REASONABLE REQUEST THAT THERE BE SOME ADVANCE NOTICE THAT GIVE THEM FOR COMING BACK TO WORK. IN THE SYSTEM OFFICE. WE'RE FULLY EMBRACING MORE FLEXIBLE WORK AND I THINK IT IS GOING TO BE INCREASINGLY PART OF OUR FUTURE. I HAVE A RELATED QUESTION, MAYBE IT IS BETTER DIRECTED TO SOMEONE ELSE, BUT TALK ABOUT LEAD TIME FOR RETURNING AND ONE OF THE BIG ISSUES HAS TO DO WITH PUBLIC TRANSPORTATION BECAUSE A LOT OF STUDENTS AND FACULTY TAKE RTD. AND I KNOW THAT THE ACCESS TO ECO PASSES ON SOME OF THE CAMPUSES HAS CHANGED GREATLY. AND IT WOULD BE REALLY GREAT FOR PEOPLE TO HAVE THE OPPORTUNITY TO FIGURE OUT ARE ECO PASSES AVAILABLE? WHERE DO THEY GET THEM? AND THINGS LIKE THAT A LITTLE EARLIER SO THAT THEY CAN MAKE PLANS ON THAT. I WOULD SAY THOSE ARE DONE IN A CAMPUS BY CAMPUS BASIS AND TO SOME EXTENT I THINK THE SAME FEES WHEN THEY WEREN'T REALLY APPLICABLE. [01:45:01] BUT I WILL MAKE SURE THAT WE TALK WITH THE CHANCELLORS ABOUT MAKING. THEM AWARE OF THAT CONCERN AS WELL, REGENT RENNISON. CHANCELLORS ARE GOING TO GIVE THEIR UPDATE IN A FEW MINUTES, SO MAYBE THAT CAN BE A QUESTION FOR THEM AS WELL. KELLY? ANYONE ELSE WITH A QUESTION FOR RYAN? ISAIAH I HAVEN'T SEEN YOU ON ZOOM. HOPEFULLY YOU'RE ON. AND IF YOU ARE, IT'S ALL YOURS. THANKS. THANK YOU FOR BEING HERE. ABSOLUTELY. THANK YOU, CHAIR GALLEGOS. HELLO REGENTS. AND ALL, PRESIDENT KENNEDY, ALSO WELCOME TONY VIEW. I HAVEN'T HAD A CHANCE TO WELCOME YOU. GLAD TO SEE YOU ON BOARD. SO THE REPORT TODAY IS SLIGHTLY DIFFERENT AND THE ICSF WHAT I HAD EACH CAMPUS DO IS ACTUALLY WRITE THEIR OWN SPECIFIC BULLET POINTS. IT WAS BROUGHT TO MY ATTENTION THAT THAT WAS A WANT FOR THIS PARTICULAR MEETING. CU DENVER WROTE A PRETTY LENGTHY REPORT. SO I'M GOING TO SUMMARIZE SOME OF THE KEY COMPONENTS OF EACH CAMPUS AND HIGHLIGHT. AND IF YOU WOULD LIKE TO GO BACK THROUGH THE DETAILS, YOU CAN USE THAT IN THE DOCUMENTATION PROVIDED. SO FOR CU DENVER, THEY HIGHLIGHTED THREE MAIN POINTS ACCESS, CULTURE AND GROWTH. REALLY, THEY'RE FOCUSED RIGHT NOW ON THE MENTAL HEALTH MISSION FOR THE ACCESS AND PROVIDING RESOURCES THERE. CULTURE. THEY'VE BEEN MAKING A TEN YEAR VISION IN WHICH THE DETAILS HAVE NOT BEEN LAID OUT TO ME ENTIRELY. BUT PURCHASING AND PROVIDING RESOURCES FOR STUDENTS WHO MAY BE UNDERPRIVILEGED IS THE MISSION TO MAKE CU DENVER A MORE INCLUSIVE SPACE. GROWTH. THIS ALSO IS RELATED TO DIVERSE AND UNDERREPRESENTED BACKGROUNDS, SO THIS IS THEIR MISSION TO HELP ENGAGE UNDERREPRESENTED STUDENTS WITH SUCCESSFUL CAREER PATHS, INTERNSHIPS AND OPPORTUNITIES POST GRADUATION AND LEADING UP TO THEIR YEARS TO THEIR DEGREE. ANSCHUTZ. SO CU ANSCHUTZ HAS BEEN UNDER A PRETTY HEAVY RECONSTRUCTION, I SHOULD SAY, OF THEIR STUDENT GOVERNMENT FOR A COUPLE OF MONTHS NOW, THE PRIOR. CU ANSCHUTZ STUDENT BODY PRESIDENT HAS STEPPED DOWN AND BEEN REPLACED BY A NEW PRESIDENT. I HAVE THE ABILITY TO MEET WITH HIM ONE ON ONE PRIOR TO THE ICSF MEETING AND WELCOME HIM IN. AND SO THEY'VE BEEN DOING A LOT OF WORK, JUST TRYING TO GET PEOPLE ORGANIZED, TRYING TO FIND LONG TERM PROJECTS THAT ARE SUSTAINABLE AND THAT CAN PROVIDE OPPORTUNITIES FOR CONTINUITY TO EXIST. UCCS ALSO HIGHLIGHTS THE MULTICULTURAL OFFICE OF THE MULTICULTURAL OFFICE FOR STUDENT ACCESS, INCLUSIVENESS AND COMMUNITY. THAT IS IN A RENOVATION PERIOD RIGHT NOW. AND APPARENTLY THAT IS SLATED TO BE A MID SEMESTER OPENING FOR NEXT ACADEMIC YEAR. THEIR CAREER CENTER IS CURRENTLY BEING MOVED TO THE UNIVERSITY CENTER AND THE STUDENT LOUNGE SPACE THAT IS NORMALLY OCCUPIED WILL BE RELOCATED AND THEY ARE ALSO MOVING INTO THE ELECTION SEASON FOR THEIR STUDENT GOVERNMENT AND EXCITED TO SEE THEIR SUCCESSORS. I'M GOING TO SAVE THE BOULDER CAMPUS FOR LAST AND I WILL MOVE TO THE GRADUATE STUDENT GOVERNMENT CAMPUS ON THE BOULDER CAMPUS RIGHT NOW. SO THEY ARE ALSO GOING UNDERGOING CONSTITUTIONAL CHANGES. THEY WANT TO BE A PART OF. THEY WANT TO BE A PEER ONE RESEARCH INSTITUTION ACROSS THE PAC 12. THEY'VE ALSO THIS WAS ALSO SLATED IN THE LAST REGENTS MEETING, I BELIEVE, IF NOT TWO REGENT MEETINGS AGO. THEY'RE ROLLING OUT THE FIRST DIVERSITY EQUITY AND INCLUSION AWARD THAT RECOGNIZES GRADUATE AND PROFESSIONAL STUDENTS THAT HAVE WORKED IN THEIR DEPARTMENTS AND WIDER CU BOULDER COMMUNITIES TO HIGHLIGHT AND ADDRESS ISSUES OF RACISM. SO A VERY BOLD AND APPRECIATED MOVE FROM THE GRADUATE STUDENT GOVERNMENT ON THAT FRONT. THEY ALSO LIKE THE REGENTS TO KNOW THAT GPSG LOOKS FORWARD TO THE REPEAL OF THE GALLAGHER AMENDMENT AND THE REPEAL OF THE TAXPAYER BILL OF RIGHTS. NOW FOR THE BOULDER CAMPUS. CU STUDENT GOVERNMENT, WE'VE RECENTLY EMBARKED ON A MISSION TO INSTILL A CENTER FOR AFRICAN-AMERICAN STUDIES. THIS IS IN COLLABORATION WITH THE CU ADMINISTRATION. AND I WOULD LIKE TO TAKE A MOMENT TO TO HIGHLIGHT THE FACT THAT CHANCELLOR DISTEFANO AND PATRICK [INAUDIBLE] SPECIFICALLY, HAVE WORKED EXTREMELY CLOSELY WITH ME IN STUDENT GOVERNMENT ALONGSIDE OTHER STUDENTS THIS YEAR TO ENSURE THAT WE CROSS THE FINISH LINE. THE GOAL IS TO CROSS THE FINISH LINE ON SOME OF THESE MAJOR PROJECTS BEFORE MY TERM IS UP. ANOTHER THING WE'RE WORKING ON, VIRTUAL COMMENCEMENT AND EVENT PLANNING IS UNDERWAY FOR BOULDER STUDENTS. WE ARE TRYING TO BRING THE MOST IMMERSIVE EXPERIENCE POSSIBLE. THIS HAS BEEN A CHALLENGE AND IT HAS ACTUALLY BEEN A LARGE TOPIC OF CONCERN FROM STUDENTS COMING TO STUDENT GOVERNMENT ASKING FOR RESOURCES OR AN EXPLANATION [01:50:01] AS TO HOW THIS IS GOING TO PAN OUT. THERE ARE A LOT OF STUDENTS VERY UPSET ABOUT THE VIRTUAL COMMENCEMENT AND VIRTUAL GRADUATION. I THINK THAT'S JUST A UNIFORM DISAPPOINTMENT. THINGS HAVE TO BE DONE. SO WE ARE DOING OUR BEST TO TRANSITION THAT. THE POLICE OVERSIGHT TASK FORCE IS TRANSITIONING INTO A STAND UP COMMITTEE. THIS HAS BEEN A MULTI MONTH PROCESS THAT BEGAN IN THE FALL THAT I WAS SPEARHEADING ALONGSIDE OTHER STUDENTS AND HAD THE OPPORTUNITY TO HIRE THE TO BE THE FIRST STUDENT TO HIRE A POLICE EXECUTIVE. AND SO THAT OVERSIGHT TASK FORCE HAS CONCLUDED. THE RECOMMENDATIONS HAVE BEEN BROUGHT FORWARD. AND NOW WE ARE TRANSITIONING IN THE NEXT WEEK OR SO INTO ACTUALLY IMPLEMENTING THOSE RECOMMENDATIONS INTO AN ACCOUNTABILITY AND OVERSIGHT BOARD TO PROVIDE THAT COMMUNAL SAFETY. FOR FURTHER EVALUATION OF MENTAL HEALTH RESOURCES AND REPRESENTATION IS ALSO UNDERWAY WITH THE HOPE OF FINALIZING THE IMPLEMENTATION OF DIVERSE COUNSELORS ALONGSIDE CU ADMINISTRATION. AS YOU ALL MAY KNOW, CHANCELLOR DISTEFANO HAS MADE A COMMITMENT TO INCLUDE AND HIRE MORE DIVERSE COUNSELORS IN ORDER TO FILL THE NEEDS OF OUR DIVERSE STUDENTS, BEING THAT MENTAL HEALTH AS A WHOLE POPULATION IS OF ONE OF THE GREATEST CONCERNS RIGHT NOW. SO THAT IS ALSO UNDERWAY. AND LASTLY, THE IMPLEMENTATION OF RESOURCES DEDICATED TO INCREASING STUDENT RETENTION ARE MATERIALIZING WITH THE INTENT OF FINALIZING THESE PLANS BEFORE THE END OF THE ACADEMIC YEAR. WE'VE BEEN AND FOR MANY MONTHS NOW, PLANNING VARIOUS RESOURCES THAT CAN BE CRAFTED AND INSTITUTIONALIZED TO HELP STUDENTS END AND GRADUATE WITH A CU DEGREE. THE RETENTION RATE AT THE BOULDER CAMPUS, SPECIFICALLY FOR STUDENTS OF COLOR, HAS NOT BEEN GREAT. IT'S ACTUALLY BEEN PRETTY TERRIBLE HISTORICALLY. AND SO WE HAVE BEEN CRAFTING MECHANISMS THAT CAN BE INSTITUTIONALIZED TO HOPEFULLY AID THAT ISSUE. AND THAT IS THE END OF THE WRITTEN UPDATES. I WOULD ALSO LIKE TO SAY THAT, YOU KNOW, THE STUDENTS HAVE BEEN INCREASINGLY MORE INVOLVED WITH REACHING OUT ABOUT VARIOUS CONCERNS. IT SEEMS AS IF THE VIRTUAL PLATFORM, AS WE ALL KNOW, HAS BEEN A CHALLENGE. THE ENTIRETY OF THE YEAR IS TAKING ITS TOLL. STUDENTS ARE EXHAUSTED. THE CLASSES AND THE IN-BETWEEN OF NOT HAVING THE FULL EXPERIENCE, I THINK IS GOING TO BE A MASSIVE QUESTION ON STUDENT SUCCESS. I KNOW ENROLLMENT NUMBERS ARE, YOU KNOW, THEY'RE VARYING FOR CAMPUS. I WAS BRIEFED ON THOSE, BUT AS ACTUALLY THE STUDENT EXPERIENCE. WE HAVE STILL RUN INTO THE SAME ISSUE THAT WE'VE RUN INTO SINCE THE BEGINNING OF THE PANDEMIC, AND THAT'S PROVIDING ADEQUATE RESOURCES THAT STUDENTS WANT AND NEED. EVEN IF WE NEED SOMETHING, FOR EXAMPLE, COUNSELORS OR ACADEMIC TIME WITH PROFESSORS, THAT EXPERIENCE HAS BEEN CUT SHORT AND STUDENTS ARE STARTING TO FEEL THAT BURDEN RIGHT NOW. SO WITH THAT SAID, IT'S GREAT TO SEE EVERYBODY. I CAN TAKE ANY QUESTIONS. QUESTIONS FOR ISAIAH? I HAVE A QUICK QUESTION. SURE. HI, ISAIAH. NICE TO HEAR FROM YOU. HOPEFULLY YOU HAVE SOME IN-PERSON CLASS STARTING NEXT WEEK. YOU MENTIONED, AND YOU MAY NOT KNOW SINCE YOU'RE NOT A GRAD STUDENT, BUT WHAT EXACTLY IS A PEER ONE? I DON'T KNOW. PEER ONE, SOMETHING WITHIN THE NCAA THAT. FOR GPSU. YEAH, WHAT IS THAT? TO BE COMPLETELY HONEST WITH YOU, THEY DID NOT DETAIL THAT TO ME. YES, I'M UNAWARE OF WHAT THEY'RE ACTUALLY REFERENCING AS THE PEER ONE. I KNOW THAT THEY HAD SET ACADEMIC STANDARDS AND INCLUSIVENESS STANDARDS. MONTHS PRIOR TO BE ONE OF THE MOST PROMINENT STUDENT GOVERNMENTS ACROSS THE PAC 12. SO I ASSUME THAT'S WHAT THEY'RE REFERENCING. AND THAT GOES BACK TO THE ORIGINAL. I DID HAVE THEM OFF AIR THEIR STATEMENTS THEMSELVES UPON THEIR REQUEST. I WILL BE SURE TO FOLLOW. UP WITH YOU ON THAT. OK, THANK YOU. ABSOLUTELY. OTHER QUESTIONS? MR. CHAVOUS, I'M JUST GLAD YOU MADE IT HERE. YOU ARE, THE MAN ABOUT TOWN AND KIND OF EVERYWHERE. SO THANKS FOR ALL THE WORK THAT YOU CONTINUE TO DO REPRESENTING STUDENTS AND REPRESENTING CU. I KNOW THAT WE HAVE ASKED YOU TO HELP PARTICIPATE IN A NUMBER OF DIFFERENT ENGAGEMENTS WITH LEGISLATORS AND OTHER THINGS LIKE THAT. SO THANK YOU FOR ALL THE WORK THAT YOU'RE DOING. WE'RE VERY LUCKY TO HAVE YOU AS THE ICSF CHAIR THIS YEAR. AND WE'LL GET A LOT OF GOOD WORK OUT OF YOU BETWEEN NOW AND THE END OF JUNE. THANK YOU SO MUCH REGENTS KROLL. ARE YOU TRAINING YOUR SUCCESSOR ALREADY? IS THAT SOMETHING THAT YOU'RE DOING? NO. SO THE ELECTIONS ARE UNDERWAY AND. I HAVE SOME WORK TO COMPLETE BEFORE. THAT CONTINUES. THE THREE MONTHS WILL NOT GO TO WASTE, BUT THEY WILL BE COMING IN IN APRIL. ISAIAH DO YOU HAVE A JOB YET, LINED UP? [01:55:04] WE'RE WEIGHING SOME OPTIONS RIGHT NOW. WE HAVE WE HAVE SOME SOME OPPORTUNITIES OUT THE DOOR. SO WE'LL SEE WHERE IT ME. USE THIS POWERFUL NETWORK. [INAUDIBLE] ISAIAH THANK YOU FOR YOUR REPORT. ALSO, THANKS, RYAN AND PROFESSOR ADDISON, A GOOD TIME IN OUR MEETING. SO THANK YOU VERY MUCH. WE'RE GOING TO GO BACK AND GET A INFORMATION ITEM FROM OUR CHANCELLORS, PRESIDENT KENNEDY. DID YOU WANT DID YOU WANT TO INTRODUCE THAT? YES, CHAIRMAN, WE'D LIKE TO JUST GIVE A BRIEF UPDATE HERE AT A PUBLIC SESSION ABOUT WHAT'S GOING ON IN SPRING, AND MAYBE I'LL START WITH CHANCELLOR DISTEFANO. IF YOU COULD JUST GIVE US A BRIEF OVERVIEW OF SPRING ON THE BOULDER CAMPUS. THANK YOU PRESIDENT KENNEDY. SO, AS YOU MENTIONED, WE ARE WELCOMING STUDENTS BACK TO CAMPUS FOR IN-PERSON LEARNING NEXT WEEK. AS I MENTIONED EARLIER, AN EXECUTIVE SESSION WHERE TESTING STUDENTS AS THEY RETURN TO THE RESIDENCE HALLS. AND WE'RE SEEING A VERY LOW NUMBER OF CASES ON MOVE-IN, FOR EXAMPLE, ON SUNDAY. THE CASES PERFORMED, THE CAMPUS, I SHOULD SAY, PERFORMED NINE HUNDRED AND THREE SURVEILLANCE TESTS WITH ONLY TWO TESTS BEING REFERRED TO DIAGNOSTIC TESTING. AND ON MONDAY, THE CAMPUS PERFORMED CLOSE TO SEVENTEEN HUNDRED TESTS, WITH ONLY THREE CASES BEING REFERRED. STARTING NEXT WEEK, WE'LL BE ABLE TO PERFORM UP TO 20 THOUSAND SURVEILLANCE TESTS EACH WEEK. AND WE'RE PROVIDING MOBILE TESTING TO REACH HOUSES ON THE HILL. AND WE'RE ALSO PROVIDING TESTING NOT ONLY FOR MEMBERS OF THE CU COMMUNITY, BUT ALSO FOR MEMBERS OF THEIR OF THEIR HOUSEHOLD. AND EARLIER THIS WEEK, AS YOU KNOW, THE STATE REVISED THE CRITERIA ON THE COVID DIAL. AND TODAY THE BOULDER CO, BOULDER COUNTY IS IN LEVEL YELLOW. AND THAT'S GREAT NEWS FOR US. WE HEARD LAST YEAR THAT THE SHIFTS IN INSTRUCTIONAL STATUS AND PUBLIC HEALTH ORDERS CREATED A LOT OF UNCERTAINTY AND ANXIETY FOR FACULTY AND STAFF. AND WE BELIEVE THAT THIS REVISED DIAL GENTLY INCREASES THE PROBABILITY THAT WE'LL BE ABLE TO CONTINUE IN-PERSON INSTRUCTION THROUGHOUT THE SEMESTER. THIS, AGAIN, WILL BE A COVID CENTRIC SEMESTER. WE NEED TO CONTINUE MASKING ON CAMPUS, SOCIAL DISTANCING, ENFORCING PUBLIC HEALTH ORDERS. AND WE'VE RECOGNIZED THE NEED TO EXTEND OUR TUITION GUARANTEE FOR THOSE STUDENTS IN THEIR FOURTH YEAR, FOR ONE ADDITIONAL YEAR TO ENSURE THAT THOSE STUDENTS HAVE THE OPPORTUNITY TO COMPLETE THEIR STUDIES. AND WE APPRECIATE REGENT SHARKEY BRINGING THIS ISSUE TO OUR ATTENTION. MOST OF OUR STUDENTS, OF COURSE, WILL BE IN PHASE THREE OF THE VACCINATION SCHEDULE, AND THAT REALLY MEANS OUR STUDENT POPULATION WILL BE VACCINATED BY NEXT FALL. AND WE'RE PLANNING FOR AN EXPERIENCE WITH MORE EVENTS, MORE IN-PERSON CLASSES AND A MORE VIBRANT EXPERIENCE. IT STILL WON'T BE COMPLETELY NORMAL. AND WE'LL BE TESTING, VACCINATING AND KEEPING THE CAMPUS COVID SAFE FOR THE FORESEEABLE FUTURE. WE ALSO KNOW THAT WE WON'T BE ABLE TO HAVE LARGE EVENTS. AND AS ISAIAH SAID BE WELL, BECAUSE WE'RE IN LEVEL YELLOW, FOR EXAMPLE, OUR OUTDOOR EVENTS ARE LIMITED TO ONE HUNDRED AND SEVENTY FIVE PEOPLE PER POD WITH A SEPARATE ENTRANCE AND RESTROOMS AND OUR COMMENCEMENT COMMITTEE, SINCE WE'RE DOING A COMMENCEMENT VIRTUALLY IN THE SPRING. LIKE MANY OF OUR AIU AND PAC 12 PEERS, OUR COMMENCEMENT COMMITTEE IS WORKING CLOSELY WITH OUR SENIOR CLASS COUNSEL, STUDENTS ALUMNI ASSOCIATION AND STUDENT AFFAIRS GROUP TO IDENTIFY IN-PERSON OPPORTUNITIES BEYOND COMMENCEMENT THAT WILL HELP TO CELEBRATE OUR GRADUATES THIS SPRING. AND IF I MAY, JUST TO REGION RENNISON'S QUESTION ABOUT THE BUS PASS. ALL OF OUR EMPLOYEES HAVE A BUS PASS AS PART OF THEIR FRINGE BENEFITS. AND SO WE WILL NOT SEE I DON'T BELIEVE WE'LL SEE ANY DIFFERENCE AS WE MOVE BACK TO CAMPUS. SO THANK YOU FOR ASKING THAT QUESTION. THANK YOU, CHANCELLOR DISTEFANO. ANY FURTHER QUESTIONS? CHANCELLOR DISTEFANO, I JUST WANTED TO THROW OUT THERE TOO IT WOULD BE HELPFUL TO KNOW AND MAYBE FUTURE UPDATES THAT THE CAMPUSES PROVIDE, YOU KNOW, WHAT YOUR PLANS ARE FOR BRINGING THE WORKFORCE BACK TO CAMPUS AND FLEXIBILITY AND ALL OF THAT? YES. YESTERDAY AT OUR UNIVERSITY EXECUTIVE LEADERSHIP TEAM UELT, WE HEARD FROM OUR CHIEF HUMAN RESOURCE OFFICER, CATHERINE ERWIN, WITH SOME GUIDELINES AND [02:00:03] PRINCIPLES THAT WE'RE LOOKING AT NOW AS FAR AS BRINGING BACK STAFF AND THE REMOTING WORKING REMOTELY AS WELL AS SOME HYBRID MODELS. SO WE'LL HAVE THAT INFORMATION CERTAINLY BY THE APRIL MEETING. CHANCELLOR DISTEFANO. I JUST WANT TO SAY HOW MUCH I APPRECIATE YOUR ABILITY TO EXTEND THAT TUITION GUARANTEE TO OUR SENIORS. I KNOW IT'S A TOUGH IT'S A TOUGH YEAR FOR EVERYONE. AND I KNOW THAT THE CAMPUS IS DOING ALL OF OUR CAMPUSES ARE DOING EVERYTHING THAT THEY CAN TO TRY TO HELP OUR STUDENTS OUT. AND THIS IS JUST ONE MORE WAY THAT YOU'RE DOING THAT. AND I WANT TO SAY HOW MUCH I APPRECIATE IT. THANK YOU. THANK YOU REGENT SHARKEY. CHANCELLOR DISTEFANO THAT WAS THE REGENT SHARKEY YOU WERE TALKING ABOUT. OK, I UNDERSTAND NOW. USUALLY STARKEY IS HE IT'S USUALLY STARKEY. SO YOU DID GOOD. I WAS JUST TRYING TO GO TOO FAST. I'M SORRY. NO PROBLEM. ANY FURTHER QUESTIONS FOR CHANCELLOR DISTEFANO? IF NOT, THANK YOU SO MUCH CHANCELLOR DISTEFANO. CHANCELLOR MARKS IF YOU COULD GIVE US A BRIEF UPDATE ON THE DENVER CAMPUS. SURE. GOOD AFTERNOON, REGENTS. LIFE IS STILL CHALLENGING FOR ALL OF US HERE AT CU DENVER. AND I'M SO GRATEFUL FOR THE COMMITMENT OF OUR FACULTY AND OUR STAFF AND OUR STUDENTS WHO CONTINUE TO DO INCREDIBLE THINGS TO KEEP US GOING AND KEEP US SAFE. AND BECAUSE OF THAT, OUR SPRING SEMESTER IS OFF TO A GOOD START. WE'VE LAUNCHED AN INCLUSIVE 2030 CAMPUS STRATEGIC PLANNING PROCESS WITH A GREAT RESPONSE SO FAR FROM OUR COMMUNITY. I LAUNCHED AN EQUITY TASK FORCE IN OCTOBER AND WE CURRENTLY HAVE ONE HUNDRED AND FIFTY STUDENTS, FACULTY AND STAFF INVOLVED. AND THEY'LL BE REPORTING OUT IN APRIL. AND OUR EQUITY TASK FORCE IS ALSO A PART OF OUR STRATEGIC PLANNING EFFORT. IN TERMS OF THE WAY OUR COURSES ARE LOOKING, VERY SIMILAR TO FALL SEMESTER WITH ABOUT 20 PERCENT OF OUR COURSES BEING OFFERED IN PERSON. AS FAR AS COVID GOES, VERY PROUD TO SAY THAT WE TESTED ALL OF OUR RESIDENCE HALL STUDENTS AND WE CAME BACK WITH ZERO TESTING POSITIVE THIS WEEK, WHICH IS A GOOD SIGN. ENROLLMENT IS LOOKING GOOD. IT IS ABOUT WHERE IT WAS THIS TIME LAST YEAR, THOUGH. WE HAVE OUR UNDERGRADUATE NUMBERS ARE DOWN FOUR POINT FOUR PERCENT AND OUR GRADUATE STUDENT NUMBERS ARE UP TWELVE, TWELVE AND A HALF PERCENT FROM THIS TIME LAST YEAR. AND WE'RE PLEASED WITH THAT. THIS IS GOOD FOR US. NOT EVERYBODY IN THE COUNTRY IS EXPERIENCING THESE ENROLLMENT NUMBERS. AND AGAIN, IT'S A TESTAMENT TO THE HARD WORK BY OUR FACULTY AND STAFF. FOR COMMENCEMENT. WE ARE STARTING TO PLAN FOR IT. WE WILL OFFER BOTH VIRTUAL AND IN-PERSON OPTIONS, ALTHOUGH THE IN-PERSON OPTIONS WILL BE HEAVILY MODIFIED. OUR ABILITY TO OFFER IN-PERSON OPPORTUNITIES WILL, OF COURSE, DEPEND ON THE PUBLIC HEALTH SITUATION. BUT WE'RE PLANNING A SERIES OF SMALLER IN-PERSON OUTDOOR GATHERINGS FOR STUDENTS ONLY, WHERE THEY'LL WALK ACROSS A STAGE IN FRONT OF THE TIVOLI AND HAVE THEIR PHOTOS TAKEN, AND WE ARE INVITING ALL OF OUR GRADUATES FROM TWENTY TWENTY WHO DIDN'T HAVE THE CHANCE FOR AN IN-PERSON COMMENCEMENT TO ATTEND IF THEY WISH. IN TERMS OF OUR VACCINE DISTRIBUTION PLANS, THE [INAUDIBLE] INSTITUTIONS HAVE CONVERTED ONE OF OUR PARKING GARAGES INTO A VACCINE DISTRIBUTION CENTER AND WITH OUR GOOD PARTNERS COVID CHECK COLORADO, WE ARE ALL READY TO GO AND JUST WAITING ON VACCINES. AND WHEN WE DO GET VACCINES, WE HOPE TO SERVE THE DENVER AND OUR LARGER COMMUNITY AS WELL AS OUR INSTITUTION. WE HAVE LEARNED SO MUCH FROM THE FORCED EXPERIMENT OF THIS PANDEMIC AND WE'RE USING THAT TO PLAN WHAT OUR FALL SEMESTER LOOKS LIKE. WE'RE OPTIMISTIC AND HOPEFUL ABOUT PROVIDING MORE ON CAMPUS OPTIONS FOR OUR STUDENTS, BUT WE RECOGNIZE THAT THERE ARE UNCERTAINTIES RIGHT NOW. TO QUESTIONS THAT WERE THAT WERE RAISED SHORTLY EARLIER ABOUT RETURNING BACK TO A CAMPUS BASED WORK. WE HAVE PUT TOGETHER A DENVER ANSCHUTZ WORKING COMMITTEE THAT'S BEING LED BY THE SCHOOL OF PUBLIC HEALTH AND OTHERS, INCLUDING H.R., ARE INVOLVED. AND THEY'RE LOOKING AT THIS. AND WE KNOW THAT FLEXIBILITY IS GOING TO BE THE KEY. AND I LOOK FORWARD TO RECEIVING THEIR RECOMMENDATIONS. AND FOR THE QUESTION AROUND PUBLIC TRANSPORTATION AND RTD ACCESS WE'RE WE DID HAVE SOME CHALLENGES, WE'RE VERY PLEASED TO ANNOUNCE THAT AN AGREEMENT WAS REACHED WITH RTD TO OFFER A SPRING SEMESTER ECO PASS TO CU DENVER AND ALL OF THE [INAUDIBLE] INSTITUTIONS, FACULTY AND STAFF. [02:05:02] WE'RE ALSO OFFERING FREE PARKING INSIDE OUR CITY SIDE GARAGES AND [INAUDIBLE] CAMPUS HAS INEXPENSIVE SURFACE PARKING AVAILABLE FOR THOSE WHO DON'T FEEL COMFORTABLE TAKING PUBLIC TRANSIT RIGHT NOW. SO THANK YOU VERY MUCH. ANY QUESTIONS FOR CHANCELLOR MARKS? I'D JUST LIKE TO MAKE A COMMENT, CHANCELLOR MARKS, WE'RE JUST A COUPLE OF WEEKS SHY OF WHEN WE INTERVIEWED YOU FOR THIS POSITION. AND I HAVE TO SAY, IT'S THE LAST TIME I'VE BEEN IN-PERSON WITH MY COLLEAGUES AND THE LAST TIME I WAS IN-PERSON, OR I'VE EVEN BEEN IN THE BUILDING DOWN ON GRANT STREET, AND THAT'S HOW I GUESS I'LL ALWAYS REMEMBER MY LAST DAY WAS--AND I'M SO GLAD THAT WE HAVE THE OPPORTUNITY TO MEET WITH YOU IN-PERSON. I REMEMBER THAT DAY WE WERE DOING ELBOW BUMPS I REMEMBER THAT TOO. BUT YOU'VE BEEN YOU KNOW, YOU HAVE RISEN TO THE OCCASION AND WHAT A YEAR TO COME IN AS A NEW CHANCELLOR. AND YOU'VE MORE THAN RISEN TO THE OCCASION. YOU HAVE BEEN SUCH A GREAT ASSET TO OUR DENVER CAMPUS. AND I JUST WANT YOU TO KNOW HOW MUCH I APPRECIATE YOU AND ALL YOU DO FOR CU - DENVER. WELL, THANK YOU. IT HELPS TO HAVE AN AMAZING CAMPUS AND INCREDIBLE, INCREDIBLE COLLEAGUES, MY PEERS AT THE OTHER CAMPUSES AND AT THE SYSTEM. SO LOTS OF HELP. THANK YOU SO MUCH. THANK YOU FOR RECOGNIZING OUR WONDERFUL CHANCELLOR REGENT SHARKEY. OTHER QUESTIONS FOR REGENTS? IF NOT, THANK YOU, CHANCELLOR MARKS. CHANCELLOR ELLIMAN, IF YOU COULD GIVE US AN UPDATE AS TO WHAT'S GOING ON AT THE ANSCHUTZ CAMPUS. THANK YOU, PRESIDENT KENNEDY. I'D BE HAPPY TO. WE'VE BEEN OPERATING ON A HYBRID SYSTEM REALLY SINCE SINCE THE FALL WHERE IN-PERSON LEARNING IS TAKING PLACE FOR ALL STUDENTS WHO NEED IT, WHICH IS A LOT. AND WHERE REMOTE IS APPROPRIATE. THAT'S THE DELIVERY MODE THAT WE'VE BEEN THAT WE USE. BUT WE PROBABLY HAVE 60 PERCENT OR 50 PERCENT OF OUR STUDENTS ON CAMPUS AND ON ANY GIVEN DAY. AND WE PLAN ON CONTINUING THAT PROGRAM THROUGH THE SPRING. OBVIOUSLY, WE HAVE A LOT OF REQUIREMENTS IN A NUMBER OF OUR SCHOOLS FOR IN-PERSON LEARNING. THERE'S NO OTHER WAY TO DO IT. BE HARD TO TEACH IN PHYSICAL THERAPY, STUDENT PEATY REMOTELY SO, AND DEVOTE A LOT OF OTHER OF THE DISCIPLINES THAT WE DEAL WITH, I THINK FOR THE FALL ARE OUR EXPECTATION AND HOPE IS THAT WE'LL BE BACK, IF NOT AT NORMAL, WITH A FULL LOAD OF IN-PERSON CLASSES. WE'RE PREPARED TO PIVOT OFF THAT IF WE HAVE TO. BUT THAT CERTAINLY IS OUR HOPE. ALL OF OUR CLINICAL AND VIRTUALLY ALL OF OUR RESEARCHERS ARE ALREADY BACK--HAVE BEEN BACK ON CAMPUS FOR SOME TIME. AND WE HOPE THAT WILL CONTINUE. WE ARE WORKING ON PLANS FOR BRINGING ADMINISTRATION STAFF, WHICH IS LARGELY OR ALMOST EXCLUSIVELY OFF CAMPUS RIGHT NOW BACK TO CAMPUS. BUT WE WOULD PLAN TO DO THAT SLOWLY AND WITH PLENTY OF LEAD TIME TO THE POINT THAT STAFF COUNSEL MADE. YOU KNOW, WE BELIEVE THAT THE FUTURE IS HYBRID, THAT PEOPLE WILL BE WORKING BOTH FROM HOME AND MANY PEOPLE WILL BE WORKING BOTH FROM HOME AND IN THE OFFICE. AND WE'RE TRYING TO FIGURE OUT HOW WE PLAN OUR OFFICE USE AROUND THAT. IT'S HARD TO DO RIGHT NOW BECAUSE NOBODY KNOWS WHAT THAT FORMULA IS GOING TO LOOK LIKE. BUT IN THE NEW BUILDING, AS AN EXAMPLE, WE'VE JUST EXPANDED OUR WHAT WE CALL HUB SPACE, WHICH IS A HOTELING CAPACITY SO THAT PEOPLE CAN HAVE AN OFFICE WHEN THEY NEED IT AND NOT TAKE ONE UP FULL TIME IF THEY DON'T. I AGREE WITH JACK RICHARD KROLL THAT IF WE BROUGHT IF WE IMMEDIATELY THREW UP A FLAG AND SAID, YOU KNOW, ON MAY 1ST, WE WANT EVERYBODY BACK IN THE OFFICE FIVE DAYS A WEEK, NINE TO FIVE, WE WOULD FACE SOME RETENTION ISSUES THAT WE PREFER TO AVOID. TO REACH A RENAISSANCE QUESTION. WE'RE CONTINUING AND PLAN TO CONTINUE TO OFFER OUR ECO PASSES AS USUAL. WE OFFER THEM FREE TO PEOPLE WHO BUY A PARKING PASS WHEN WE HEAVILY SUBSIDIZED TO THE TUNE OF OF ABOUT EIGHTY FIVE PERCENT, THE COST OF AN ECO PASS FOR PEOPLE WHO WANT TO JUST BUY THE PASS ITSELF. SO AND THAT THE EXPECTATION OR PLANS TO CONTINUE THAT. [02:10:05] SO THAT'S THE UPDATE. HAPPY TO ANSWER ANY QUESTIONS, ANY QUESTIONS FOR CHANCELLOR ELLIMAN? IF NOT THEN THANKS FOR YOUR GOOD WORK THERE ON THE CAMPUS, CHANCELLOR. LAST BUT CERTAINLY NOT LEAST, CHANCELLOR REDDY, TELL US ABOUT UCCS. THANK YOU, PRESIDENT KENNEDY. I JUST WANT TO RECOGNIZE REGEN SHARKEY FOR FLYING THE UCCS FLAG ON HER SCREEN. APPRECIATE THAT. WELL, THANK YOU, REGENTS AND PRESIDENT, FOR THE OPPORTUNITY TO GIVE THE UCCS PERSPECTIVE. OUR SPRING SEMESTER IS OFF TO A REMOTE START, WITH PLANS PROCEEDING FOR MORE CAMPUS PRESENCE BEGINNING THE WEEK OF FEBRUARY TWENTY SECOND. OUR PHASED RETURN TO CAMPUS BASED LIVING IS VERY SUCCESSFUL. WE HAVE TESTED ALL RETURNING STUDENTS AND HAD ONLY TWO POSITIVES. AND WHEN THE PHASE MOVING CONCLUDES, WE'LL HAVE 850 STUDENTS LIVING ON CAMPUS. OUR WELLNESS CENTER WILL BE RUNNING RANDOM SURVEILLANCE TESTING OF RESIDENCE HALL STUDENTS THROUGHOUT THE SEMESTER. WE BEGIN OFFERING CHANCELLOR ASYMPTOMATIC TESTING FOR FACULTY AND STAFF THIS MONTH USING A SERVICE THAT WAS ONLY RECENTLY EXPANDED IN CORAL SPRINGS. OUR ELIGIBLE EMPLOYEES THAT MET CRITERIA FOR VACCINATION HAVE RECEIVED OR ASKED, YOU'LL RECEIVE THEM. THESE INCLUDE INDIVIDUALS WHO ARE 70, HEALTH CARE WORKERS, PUBLIC SAFETY, NURSING STUDENTS AND [INAUDIBLE] ENVIRONMENTS AND CHILDCARE WORKERS. THE NEW FEDERAL AID PACKAGE INCLUDES THREE POINT NINE MILLION DOLLARS IN AID FOR STUDENTS AND THE TERMS FOR USE OF THE TOTAL FOURTEEN POINT ONE MILLION PACKAGE ARE STILL TO BE DETERMINED. WE REMAIN GRATEFUL TO THE CU FOUNDATION WHO CONTRIBUTED TO OUR ABILITY TO OFFER AID TO OUR STUDENTS IMPACTED FINANCIALLY BY THIS SPRING. WE ALSO WANT TO THANK THE PRESIDENT'S OFFICE FOR FINANCIAL SUPPORT, RELIEVE MENTAL HEALTH CHALLENGES ACROSS OUR CAMPUS COMMUNITY. WE USED THE FUNDS TO AUGMENT OUR WELLNESS CENTER STAFF, WORKING WITH STUDENTS AND TO OFFER A NEW SERVICE TO OUR FACULTY AND STAFF. AND THIS HAS BEEN A HUGE MORALE BOOSTER FOR OUR FACULTY AND STAFF. OUR PLANS FOR ALL INSTRUCTION WILL CONTINUE TO BE LIMITED BY CLASSROOM CAPACITY, DICTATED BY SOCIAL DISTANCING AND [INAUDIBLE]. WOULD LIKE TO SEE THIS OPEN UP MORE. BUT WITH MOST OF OUR POPULATION OF STUDENTS AND FACULTY IN PHASE THREE OF THE VACCINE, IT IS UNLIKELY RELIEF WILL COME IN TIME TO ADJUST INSTRUCTION MODALITY FOR FALL. AND EVEN IF THE VACCINES COME, AS YOU ARE HEARING, WE STILL NEED TO CONTINUE TO WEAR MASKS TO MAINTAIN SOCIAL DISTANCING. SO THAT'S GOING TO CONTINUE TO HAVE AN IMPACT ON THE CAPACITY. I JUST GOT SOME GOOD NEWS. UCCS WAS APPROVED BY THE STATE FOR A POD WHICH IS POINT OF DISPENSING IN PHASE TWO. SO WE DO NOT HAVE A DATE FOR WHEN WE'RE GOING TO START THAT. BUT WE RAN A SUCCESSFUL DRILL OF OUR POD YESTERDAY FOR THE COUNTY AND PUBLIC HEALTH OFFICIALS. SO THAT'S EXCITING. SO THAT'S GOING TO BE A CLOSED POD THAT MEANS OUR FACULTY, STAFF AND STUDENTS WILL BE SERVED BY THAT. IN TERMS OF ENROLLMENTS, I'M PLEASED TO ANNOUNCE THAT OUR SPRING ENROLLMENT WAS WITHIN ONE PERCENT OF THE BUDGET. OUR ENROLLMENT PROJECTION FOR FALL IS DOWN TWO POINT EIGHT PERCENT, DRIVEN BY THREE FACTORS LARGE GRADUATING CLASSES THE LAST TWO YEARS, SMALLER ENTERING CLASSES THE LAST TWO YEARS, AND UNCERTAINTY WITH WHAT SORT OF REBOUND WE MIGHT EXPERIENCE NEW STUDENTS THIS FALL. UCCS HAS EXPERIENCED THE LARGEST INCREASE STATEWIDE IN APPLICATIONS ON FREE APP DAY LAST OCTOBER. WE CONTINUE TO SHOW STRONG IN APPLICATIONS; WE'RE UP 19 PERCENT FROM LAST YEAR, DRIVEN MOSTLY BY MOVING TO THE COMMON APPLICATION. PLANS FOR APPLICATIONS REMAIN VERY SOFT AND ARE EXPECTED TO REMAIN SO BASED ON WHAT OUR COMMUNITY COLLEGE PARTNERS ARE REPORTING FOR [INAUDIBLE]. A COUPLE OF BRIGHT SPOTS. INTERNATIONAL APPLICATIONS ARE UP SEVEN PERCENT. GRADUATE APPLICATIONS ARE UP 18 PERCENT FROM LAST YEAR. SO WHILE [INAUDIBLE] POPULATION IS ALSO UP 30 PERCENT FROM LAST YEAR. WE KNOW THAT SCHOOLS TRANSITIONING TO COMMON APP EXPERIENCED A SOFTER YIELD. SO WE HAVE TO LOOK OUT FOR THAT. SO AT THIS POINT, WE DON'T HAVE ENOUGH INFORMATION TO KNOW WHICH FACTOR WILL DOMINATE OUR ENROLLMENT, THE BIGGER APPLICATION POOL OR THE SOFTER [INAUDIBLE] YIELD. SO WE ARE CONFIDENT THAT AS WE APPROACH THE APRIL BOARD MEETING, WE'LL HAVE LEADING INDICATORS THAT WILL GIVE US SOME CLARITY ON ENROLLMENT. IN TERMS OF THE QUESTION ABOUT WORK, I FEEL LIKE THIS IS A PHENOMENAL OPPORTUNITY FOR ALL OF US TO EVALUATE WHY WE HAVE TO FIND WORK SCHEDULES, BECAUSE WE ARE REALLY AN OUTCOME DRIVEN SOCIETY RIGHT NOW OR ACTIVITIES. SO I THINK THIS IS A GREAT OPPORTUNITY TO SHARE BEST PRACTICES. I'M ALSO ENGAGING OUR CABINET AND WILL BE CREATING A TASK FORCE TO LOOK INTO THE FUTURE OF WORK. I DO THINK THIS WILL BE A GOLDEN OPPORTUNITY FOR US TO EVALUATE THAT AND REALLY CREATE FLEXIBILITY FOR OUR FACULTY AND STAFF TO REALLY CREATE GREAT OUTCOMES FOR OUR STUDENTS BY DOING SO. [02:15:02] SO, 'WILL BE HAPPY TO TAKE ANY QUESTIONS. ANY QUESTIONS FOR CHANCELLOR REDDY? ONLY ONE COMMENT, VENKAT, I REALLY LIKE THE WHAT YOU JUST SAID, THAT NOW'S A GOOD TIME FOR US TO LOOK AT NORMS AND HOW MANY THINGS MIGHT FIT OUT OF THE BOX AND CERTAINLY FITS WITH EIGHT TO FIVE. BUT AS YOU SAID, THERE MIGHT BE A LOT OF THINGS WE MIGHT BE ABLE TO CHANGE IN TERMS OF HOW WE INSTRUCT STUDENTS, HOW WE CHARGE LOTS OF DIFFERENT THINGS LIKE THAT. SO I JUST WANT TO ENCOURAGE YOU TO DO THAT FOR THE CAMPUSES THE SYSTEM OFFICE, WE HAVE A SURVEY THAT WE SENT OUT TO ALL OF OUR FOLK HAPPY TO SHARE THAT SURVEU, IN TERMS OF THE REMOTE WORK ENVIRONMENT. THANKS. GREAT. ANY OTHER COMMENTS THAT YOU HAVE, I WOULD SAY THE CHANCELLORS HAVE PROVIDED SUCH GOOD LEADERSHIP DURING THIS TIME AND THEY CONTINUE TO DO THAT. AND SO, YOU KNOW, I KNOW THAT WHEN WE HAD OUR DISTINGUISHED PROFESSORS UP THERE, SOME OF YOU WERE CLAP YOUR HANDS. I THINK MAYBE WE NEED TO SHOW SOME SORT OF APPRECIATION FOR CHANCELLORS AS WELL. TOUGH JOB. I THINK YOU'RE DOING A GREAT JOB. SO IT'S TIME FOR US TO DO SOME BUSINESS HERE, NEXT ITEM ON THE AGENDA IS THE [E. 2:30 p.m. CONSENT AGENDA] CONSENT AGENDA, THE APPROVAL OF IT. PLEASE NOTE THAT THERE ARE SEVERAL ADDITIONAL ITEMS FROM OUR EXECUTIVE SESSION DISCUSSIONS. THE UPDATED CONSENT AGENDA ITEMS ARE LISTED ON BOARD DOCS. AND IF WE'RE READY TO APPROVE IT, DO I HAVE A MOTION AND A SECOND? I SO MOVE THAT WE HAVE PROVED THAT CONSENT AGENDA. WHO WAS THE SECOND ON THAT? CALLIE. OK, WE HAVE THE SECOND ON THAT CALLIE RENNISON. THANK YOU FOR THE FIRST AND THE SECOND TO APPROVE THE CONSENT AGENDA ITEMS. IS THERE ANY DISCUSSION? ALL IN FAVOR OF APPROVING THE CONSENT AGENDA, SAY, AYE:. AYE. OPPOSED? MOTION CARRIES. IT'S TIME FOR US TO MOVE TO OUR FINANCE COMMITTEE DISCUSSION AND ACTION ITEMS, [F. 2:35 p.m. FINANCE COMMITTEE DISCUSSION AND ACTION ITEMS] I'M GOING TO TURN THAT OVER TO CRAWL AND TO VICE PRESIDENT SOLOMON. AND BEFORE YOU DO THAT, YOU SHOULD KNOW THAT I PUT TODD ON A SET NUMBER OF SLIDES THAT HE CAN USE AND JACK ON ITEMS YOU CAN COMMENT ON. SO YOU HAVE THE NEXT HOUR. [LAUGHTER] WELL, YOU'VE GIVEN US THE LONG RUNWAY WITH AN HOUR OF TIME. AND WE HOPE TO EXCEED YOUR EXPECTATIONS BY GETTING OUR FINANCE AND CAPITAL CONSTRUCTION CONVERSATION OUT OF THE WAY QUICKER THAN YOU MIGHT EXPECT. SO WE AIM TO BE EFFICIENT AND INCLUSIVE IN THIS COMMITTEE. AND I'M PLEASED TO SAY THAT WE FINISHED OUR LAST COMMITTEE MEETING, WHICH WAS HELD ON JANUARY TWENTY SEVENTH EARLY, AND WE HAD ATTENDANCE FROM NEARLY ALL BOARD MEMBERS. IN FACT, I THINK EVEN THE CHAIR JOINED FOR A SHORT PERIOD OF TIME AND THERE MIGHT HAVE BEEN EIGHT OR NINE OF US THAT ACTUALLY ATTENDED THAT MEETING, WHICH I THINK IS CLEAR EVIDENCE THAT THE FINANCE COMMITTEE IS THE MOST EXCITING COMMITTEE IN TOWN. YOU'RE ALREADY STRETCHING IT OUT. [LAUGHTER] WELL, WE WILL BE MORE CONCISE THEN. WE DID HERE, TO START OUR MEETING, WE HEARD AN UPDATE ABOUT TUITION BENEFITS AND LEARNED ABOUT ONGOING WORK TO CONSIDER NEW FUNDING MODELS. SO THAT'S VERY EXCITING. WE APPRECIATE REGENT RENNISON ASKING FOR THAT TO BE ON THE AGENDA AND WE'LL CONTINUE TO FOLLOW HOW THE PILOT PROGRAM AT UCCS IS DOING WITH STAFF BENEFITS AND TUITION. AND IF STAFF COUNCIL CHAIR UNTISZ IS STILL ON THE CALL. WE WELCOME HIS INPUT ON THOSE CONVERSATIONS MOVING FORWARD. DURING THE CAPITOL CONSTRUCTION PORTION OF THE MEETING, WE APPROVED PRELIMINARY PROGRAM PLANS FOR THE CONSENT AGENDA, WHICH WE JUST PASSED. SO WE'RE EXCITED ABOUT THAT. WE APPROVED DEBT FINANCING FOR THE CU BOULDER ENGINEERING CENTER NORTH WING AND NORTH TOWER RENOVATION THESE BORROWING'S WILL BE REPAID FROM INDIRECT COST RECOVERY FROM RESEARCH DONE IN THE COLLEGE OF ENGINEERING. THE PROJECT RENOVATES SPACE THAT WE HAVE OPENED UP TO US NOW THAT THE AEROSPACE BUILDING HAS FINISHED CONSTRUCTION AND THE DEPARTMENT. [02:20:03] THE [INAUDIBLE] DEPARTMENT OF AEROSPACE ENGINEERING SCIENCE HAS MOVED OVER THERE. SINCE WE'RE ON THE SUBJECT OF AEROSPACE ENGINEERING AND AEROSPACE SCIENCE, I WANT TO GIVE A SHOUT OUT TO THE LABORATORY FOR ATMOSPHERIC AND SPACE PHYSICS, WHICH CONTRIBUTED GREATLY TO THE HOPE PROBE, WHICH IS NOW, AS OF TWO DAYS AGO, SUCCESSFULLY ORBITING MARS. AND WE HAVE ANOTHER BIG CU CONNECTED SPACE SHIP APPROACHING MARS AS WELL AND PERSEVERANCE. FORMER DEAN OF THE COLLEGE OF ENGINEERING AND APPLIED SCIENCE, BOBBY BRAUN IS NOW AT JIL HELPING WITH THAT PROJECT. WE ALSO APPROVED UPDATES TO THE MASTER BORROWING AGREEMENT AND WE ALSO REVIEWED OUR CAPITAL STRUCTURE REPORT WITH A REAL PROPERTY UPDATE. THANK YOU TO REGENT CHáVEZ, WHO ASKED FOR THAT REPORT. AND WE'LL CONTINUE TO TRACK AS A BOARD OUR AMBITIONS TOWARDS BEING AN ANCHOR INSTITUTION THROUGH OUR REAL ESTATE HOLDINGS. THANKS TO YOUR INSIGHTS, REGENT CHáVEZ. DURING THE FINANCE PORTION OF THE MEETING, THE COMMITTEE DISCUSSED SPANISH LANGUAGE, ENROLLMENT AND ACCESS MATERIALS BEING MADE AVAILABLE AT THE CAMPUSES. AND WE PLAN TO HAVE A FOLLOW UP MEETING ON THIS ISSUE AT A FUTURE COMMITTEE CONVENING THE REGENTS AGREE, THOSE IN ATTENDANCE, THAT THIS IS AN IMPORTANT PRIORITY. SO FAMILIES OF POTENTIAL STUDENTS AND CURRENT STUDENTS CAN FULLY ENGAGE IN THEIR STUDENTS EDUCATIONAL JOURNEY. AND SO I THINK THAT'S REALLY IMPORTANT. AND I THANK ALL OF THE REGENTS THAT SHOWED UP AND GAVE THEIR SUPPORT TO SPANISH LANGUAGE MATERIALS BEING PROVIDED THROUGH OUR ENROLLMENT MANAGEMENT OFFICES. CHAD [INAUDIBLE] PROVIDED AN UPDATE ABOUT THE CARES ACT AND OTHER FEDERAL RELIEF FROM THE DECEMBER TWENTY SEVEN PACKAGE, WHICH HAS BEEN CRITICAL TO OUR ABILITY TO MANAGE THE IMPACTS OF THE PANDEMIC TO BOTH OUR STUDENTS AND OUR BUDGETS. KUDOS TO CHAD AND THE CAMPUSES FOR THEIR EXCELLENT WORK COMPLYING WITH THE COMPLICATED FEDERAL AND STATE GUIDELINES. [INAUDIBLE] PROVIDED AN UPDATE ON HOW CU ALLOCATES STATE DOLLARS TO THE CAMPUSES AND HOW THE NEW STATEWIDE FUNDING MODEL FOR HIGHER EDUCATION WORKS. AND THEN, CERTAINLY LAST BUT NOT LEAST, TREASURER WILSON, OUTGOING TREASURER WILSON PRESENTED AN OPPORTUNITY TO DO A HUNDRED MILLION DOLLAR BANK LINE OF CREDIT IN LIEU OF MAINTAINING SOME OF OUR SHORT TERM BOND INVESTMENTS, THIS CONCEPT IS TO USE AN INEXPENSIVE LINE OF CREDIT TO REPLACE OUR BACKUP LIQUIDITY RESERVE FOR OPERATIONS. AND THE CONCEPT WILL BE PRESENTED TO THE INVESTMENT ADVISORY COMMITTEE LATER THIS MONTH. FINANCING BOARD OF REGENTS APPROVAL WILL BE SOUGHT IN MARCH AND APRIL, RESPECTIVELY. AND I ALSO, ON THAT LAST NOTE, WANT TO GIVE A BIG SHOUT OUT TO ASSOCIATE TREASURER CHUCK COOK, WHO ALSO LED THE EFFORTS TO RECONSIDER HOW WE POSITION OUR SHORT TERM INVESTMENTS IN MOVING ABOUT ONE HUNDRED MILLION DOLLARS INTO LONGER TERM INVESTMENTS WILL ALLOW US TO GENERATE GREATER INCOME OFF OF THOSE INVESTMENTS TO HELP KEEP OUR COSTS DOWN WITHOUT CREATING MUCH MORE SYSTEMIC RISK FOR US AS AN INSTITUTION. AND WITH THAT, I CONCLUDE MY REPORT AND WE WILL MOVE TO THE NEXT SECTION OF THE AGENDA, WHICH IS OUR QUARTERLY TREASURER'S REPORT. AND DAN, I THINK THIS ONE'S YOU. IT IS, AND FORTUNATELY FOR ALL THE REGENTS, THIS WILL BE MY LAST REPORT, WE WILL HAVE TO LISTEN TO ME ANYMORE. AND I WANT TO INTRODUCE HAVE TONY VU INTRODUCE HIMSELF. HE HAS ASKED ME TO PRESENT HIS LAST TREASURY REPORT, BUT I TOLD HIM IF YOU HAD ANY HARD QUESTIONS, HE'D HAVE TO ANSWER THEM. SO, TONY, DO YOU WANT TO JUST INTRODUCE YOURSELF? ABSOLUTELY. HI, I'M TONY VU I'M GOING TO BE YOUR TREASURER AFTER DAN TAKES UP HIS NEW ROLE AS A SKI INSTRUCTOR FOR HIS GRANDKIDS. I'M SUPER EXCITED. I SEE A LOT OF FAMILIAR FACES ON THE SCREEN. I'M ALSO REALLY SAD THAT THIS IS DAN'S LAST MEETING. I HAVEN'T MET A FINER PERSON. I THINK THE KINDEST OR BEST THING I COULD POSSIBLY SAY IS THAT I WISH I COULD HAVE HAD HIM AS A BOSS AT SOME POINT IN TIME. BUT THE LAST MONTH HAS BEEN REALLY, REALLY GRATIFYING. SO I'M HAPPY TO BE HERE AND I'M HAPPY TO REALLY PICK UP THE FLAG FOR HIM AND CARRY ON WITH TREASURY, YOU KNOW, AND BUILD ON WHAT HE'S ALREADY BUILT HERE AT CU. THANK YOU. THANKS, TONY. WELL, WITHOUT FURTHER ADO, WE'LL GET INTO SOME NUMBERS HERE. THE PICTURE WHICH I'M SHOWING YOU IS YOU'D THINK IS A SUNSET, BUT IT'S ACTUALLY A SUNRISE AND REPRESENTATIVE OF THE NEW CHAPTER IN MY LIFE AS I [02:25:07] BEGIN A NEW ADVENTURE. I'M GOING TO COVER THE BOARD MATERIALS, WHICH YOU HAVE THE NINE PAGE QUARTERLY TREASURERS REPORT WITH A FEW SLIDES. WE'RE COVERING THE PERIOD END OF DECEMBER 31ST 2020. AND A LITTLE UPDATE ON OUR DEBT, OUR CASH AND OUR LIQUIDITY POSITIONS. ON THIS SLIDE, WHICH IS PAGE FOUR OF THE TREASURER'S REPORT, YOU'LL NOTICE THAT THE TREASURY PULL ASSETS IN THE UPPER RIGHT CORNER OF THE SLIDE HAVE GROWN FROM A YEAR AGO, TWO POINT SEVEN BILLION, ALMOST TWO POINT SEVEN BILLION, UP FROM TWO POINT THREE BILLION FROM THE PRIOR YEAR. I'M VERY HAPPY THAT THE MARKET HAS BEEN EXTREMELY KIND TO US IN THE LAST SIX MONTHS WITH ROBUST RETURNS FOR BOTH EQUITY AND FIXED INCOME ASSETS. THE MAIN REASON FOR THIS INCREASE IN INVESTMENT RETURNS ON OUR LONGER TERM INVESTMENT ACCOUNT IS FROM UNREALIZED GAINS IN OUR EQUITY ASSETS. THE OVERALL RETURN OF THE POOL WAS 6.22 PERCENT FOR 12 MONTHS AND 5.4 PERCENT FOR THE LAST THREE YEARS. AT 12 30 20 IN THE PIE CHART, YOU CAN SEE HOW THE ASSETS ARE DISTRIBUTED IN OUR POOL, WHICH IS THE OPERATING ASSETS OF THE UNIVERSITY, WE HAD 39 PERCENT IN CASH AND IN FIXED INCOME ASSETS, WE OPERATE AND PAY PAYROLL BASED ON THOSE CASH BALANCES, BUT WE ALSO HAVE LONGER TERM ASSETS, 60 PERCENT IN EQUITY. FOR THOSE EQUITY ASSETS, 10 PERCENT WERE IN THE C.U. FOUNDATION, LONG TERM INVESTMENT POOL, 24.7 PERCENT WERE IN GLOBAL AND INTERNATIONAL EQUITY AND TWENTY FIVE PERCENT IN DOMESTIC EQUITY. THIS IS A CHART THAT THE REGENTS HAVE LIKED IN THE PAST TO KIND OF TELL YOU INDICATE WHAT'S GOING ON FOR THE QUARTER, FOR THE PAST QUARTER AND FOR THE PAST 12 MONTHS. AND THIS IS THE SECOND QUARTER IN A ROW THAT WE'VE OPERATED WITH POSITIVE TREASURY POOL RETURNS. THE STIMULUS PACKAGE LOOKS LIKE IT'S ON ITS WAY. THE FED HAS HELD INTEREST RATES AT NEAR ZERO, AND IT LOOKS LIKE THEY'RE GOING TO CONTINUE TO HOLD THOSE AT ZERO AS LONG AS INFLATION DOES NOT GET ABOVE TWO PERCENT ON AN ANNUAL BASIS. SO THEY'RE MORE FLEXIBLE. WE HAD SOLID FOUR PERCENT GROWTH ESTIMATE IN GROSS DOMESTIC PRODUCT IN THE FOURTH QUARTER. UNEMPLOYMENT HAS DROPPED TO 6.7 PERCENT IN NOVEMBER. HOUSING MARKET HAS BEEN STRONG, BENEFITING FROM LOW INTEREST RATES. AND AGAIN, EQUITY MARKETS HAVE CONTINUED OVERALL POSITIVE IN THE CALENDAR YEAR 2021 AFTER A VERY HOT FOURTH QUARTER. QUARTERLY RETURNS FOR DOMESTIC EQUITY, IS MEASURED BY THE S&P 500, WE'RE UP 12.15 PERCENT AND UP. SO THAT'S SINCE SEPTEMBER 30TH AND UP EIGHTEEN POINT FOUR PERCENT OVER THE PAST 12 MONTHS. NON US EQUITY WAS UP FOURTEEN POINT SIX EIGHT PERCENT FOR THE QUARTER AND 16 PERCENT FOR THE 12 MONTHS. THESE ARE TREMENDOUS RETURNS. US AGGREGATE BOND INDEX RETURNED . 67 OVER THE QUARTER AND SEVEN POINT FIVE ONE PERCEN FOR THE YEAR. SO THE OVERALL TREASURY POOL RETURNED FIFTEEN POINT FIVE SIX PERCENT FOR THE QUARTER. NICE WAY FOR THE TREASURER TO LEAVE AND 6.22 PERCENT FOR THE LAST 12 MONTHS. SO BETTER THAN PERFORMANCE BENCHMARKS FOR THE RESPECTIVE PERIODS. LASTLY, THE DEBT BALANCE OF THE UNIVERSITY AT THE END OF THE YEAR IS 1.915 BILLION. IT'S UNCHANGED FOR THE QUARTER. WE'RE GEARING UP TO DO A VERY SMALL THIRTY FIVE MILLION DOLLAR ISSUE, AS REGENT KROLL MENTIONED, TO SUPPORT THE BOHLER ENGINEERING SCHOOL REMODEL. WE WILL HAVE TO GET RATINGS. WE HOPE THAT THOSE RATINGS WILL COME IN AND BE, AGAIN, SOLID RATINGS WITH NO CHANGE LATER THIS MONTH. THAT'S IT FOR MY REPORT I TRIED TO MAKE IT SHORT AND SWEET. ARE THERE ANY QUESTIONS I CAN ANSWER? [02:30:10] WELL, IT'S A HECK OF A LAST TREASURER'S REPORT AND TREASURER VU YOU HAVE A HARD ACT TO FOLLOW HERE, YOU KNOW, WHETHER DAN IS ENTIRELY RESPONSIBLE FOR THE MARKET RETURNS IS A QUESTIONABLE CONVERSATION. BUT MR. VU YOU HAVE A HARD ACT TO FOLLOW NONETHELESS. I AGREE WHOLEHEARTEDLY. NO PRESSURE, MR. VU. ANY FINAL QUESTIONS FOR TREASURER WILSON? WELL, WE WILL GET TO YOUR RESOLUTION OF APPRECIATION AT THE END OF OUR FINANCE COMMITTEE PORTION TODAY. THE NEXT ITEM ON THE AGENDA AND CHAIR GALLEGOS HAS ASKED ME TO LEAD THIS ITEM IS AN ACTION ITEM AUTHORIZATION FOR SALE OF CU SOUTH DENVER. AND I WOULD JUST ASK FOR A MOTION TO APPROVE AGENDA ITEM F THREE. SO MOVED, IT'S BEEN MOVED BY REGENT CHAVEZ, IS THERE A SECOND? RENNISON SECONDS. REGENT RENNISON SECONDS IT. IS THERE ANY DISCUSSION BEFORE WE HOLD A VOTE ON THIS? ALL RIGHT, I WILL ASK DEPUTY BOARD SECRETARY EFFIE AMEEN TO CALL THE ROLL ON THIS VOTE. OKAY REGENT CHAVEZ. AYE. REGENT GANAHL. I THINK JUST REJOINED US REGENT GANAHL ON THE CU SOUTH DENVER AUTHORIZATION FOR SALE. SORRY I HAD TO RECONNECT TO MY CAR SO. WORK ON THE VOTE. DO YOU WANT ME TO COME BACK TO YOU? NO, IT'S OK, I'M YES VOTE. OK, REGENT HILL. AYE. REGENT KROLL. AYE. REGENT RENNISON. AYE. REGENT SHARKEY. CAN I MAKE THE COMMENT REAL QUICKLY BEFORE MY VOTE? SURE. THANK YOU. I JUST WANT TO FIRST ACKNOWLEDGE DAVE AND GAIL LINIGER FOR THEIR GENEROSITY IN GIFTING THIS BUILDING TO US. AND IT'S BEEN JUST ABOUT SIX YEARS AGO. I KNOW THAT THIS UNIVERSITY APPRECIATES SO MUCH WHAT THEY HAVE DONE FOR US. AND SADLY, THE BUILDING HAS NOT WORKED OUT TO THE BENEFIT OF THE UNIVERSITY. BUT IT WILL WORK WELL I'M SURE, FOR THE NEXT PERSON OR INDIVIDUALS THAT GET IN THERE AND USE IT. IT IS A BEAUTIFUL, BEAUTIFUL BUILDING. YOU KNOW, SADLY, I'M GOING TO HAVE TO I AM GOING TO VOTE IN SUPPORT OF THIS. BUT I WOULD LIKE TO SAY I WOULD HAVE LIKED TO HAVE SEEN IT USED FOR PUBLIC GOOD FOR DOUGLAS COUNTY. THAT WAS NOT GOING TO WORK OUT. I WANT TO THANK DOUGLAS COUNTY AND THE CITY OF LONE TREE FOR BEING REALLY GOOD PARTNERS WITH THE UNIVERSITY OF COLORADO. THEY HAVE ALWAYS BEEN IN STRONG SUPPORT OF US WHILE WE'VE BEEN THEIR NEIGHBOR. AND I KNOW WE LOOK FORWARD TO CONTINUING THAT RELATIONSHIP WITH THEM INTO THE FUTURE. AND MY VOTE IS YES FOR THE SALE. THANK YOU. REGENT SMITH. AYE. REGENT SPIEGEL. [LAUGHTER] [INAUDIBLE] MICROPHONE ISSUES SO. AYE. YES. THANK YOU AND CHAIR GALLEGOS. I'M GOING TO MAKE A QUICK COMMENT BEFORE I GIVE MY VOTE. I THINK MOST OF YOU HEARD WHAT I HAD TO SAY THIS MORNING. IT DIDN'T WORK OUT FOR THE UNIVERSITY. I THINK THAT WE ARE PARTIALLY TO BLAME FOR IT. AND RATHER THAN GET INTO THAT, I DON'T BELIEVE IN AIRING OUR PROBLEMS IN PUBLIC, BUT I HOPE YOU HEARD WHAT I HAD TO SAY [INAUDIBLE]. WE ALL NEED TO LOOK IN THE MIRROR AS TO WHY IT DIDN'T WORK FOR US. AND IT WAS MORE THAN THE BIG HALLWAYS AND THE BUILDING THAT WASN'T MADE TO BE A SCHOOL BUILDING. SO WITH THAT, I'M GOING TO VOTE NO. THE VOTE IS EIGHT TO ONE. OK, THANK YOU ALL FOR WEIGHING IN ON THAT, WE HAVE A DISCUSSION ITEM NEXT. I'M GOING TO HAND IT OVER TO VICE PRESIDENT SALIMAN FOR 2021 2022 TUITION FEES AND [02:35:06] COMPENSATION. THANK YOU VERY MUCH. AND I AM GOING TO SHARE MY SCREEN FOR MY ABBREVIATED SLIDE PRESENTATION, MR. CHAIRMAN, BUT I'LL TRY TO MAKE IT LAST AS LONG AS I CAN. OK, CAN YOU ALL SEE THAT. IS THAT OK? OK. AND I'M GOING TO. SO I'VE BEEN HAVING HAD A COUPLE OF CHALLENGES DOING THIS IN PRESENTATION MODE, BUT SO I APOLOGIZE IN ADVANCE IF THE SLIDE STARTED DANCING AT A RAPID PACE THAT I CAN'T CONTROL, BUT HOPEFULLY IT'LL ALL WORK OUT. OF COURSE, I JUST WANT TO THANK MY TEAM AND THE CAMPUSES FOR THE INCREDIBLE AMOUNT OF WORK THEY PUT INTO PUTTING THIS PRESENTATION TOGETHER. SO THANK YOU. THANKS TO ALL OF THEM. SO AS WE APPROACH THE NEXT FISCAL YEAR WE OF COURSE, ARE DEALING WITH SOME CHALLENGING TIMES. AND WE WANTED TO JUST BRIEFLY TALK A LITTLE BIT ABOUT SOME OF THE CHALLENGES WE'RE FACING. IN TERMS OF ENROLLMENT, WE KNOW THAT WHERE ENROLLMENT WAS LAST YEAR, WHERE WE THOUGHT WE WERE GOING TO BE THIS YEAR AND WHERE WE ARE ACTUALLY GOING TO END UP THIS YEAR ARE QUITE DIFFERENT. AND THANKFULLY, DENVER UCCS HAVE SEEN THEIR ENROLLMENT COME IN AHEAD OF WHAT THEY HAD BUDGETED FOR THE CURRENT FISCAL YEAR. BUT BOULDER CAME IN BELOW. CU [INAUDIBLE] IS RIGHT ON TRACK. AS YOU KNOW, WE'RE DEALING WITH A SIGNIFICANT BUDGET SHORTFALL THIS YEAR. SO WE ARE ESTIMATING THAT THE BUDGET SHORTFALL FROM THE COMBINED IMPACT OF LOST REVENUE AND ADDITIONAL COST IS ABOUT THREE HUNDRED NINETY SIX MILLION DOLLARS. ABOUT ONE HUNDRED AND FORTY OF THAT IS FROM THE STATE FUNDING SO FAR, FEDERAL RELIEF DOLLARS HAVE ADDRESSED ABOUT ONE HUNDRED AND SEVENTY EIGHT DOLLARS MILLION BUDGET SHORTFALL, LEAVING US WITH A TWO HUNDRED EIGHTEEN MILLION DOLLAR SHORTFALL TO DEAL WITH. SO HOW DID WE DEAL WITH THAT? SO WE HAVE IMPLEMENTED A VARIETY OF BUDGET ACTIONS. WE HAVE IMPLEMENTED FURLOUGHS. POSITION CONTROLS, WHICH IS THE HIRING CHILL OTHER REDUCTIONS, THINGS LIKE DEFERRED MAINTENANCE OR TRAVEL, THINGS LIKE THAT, AND THEN USE OF RESERVES. WE ALSO KNOW THAT AND IT'S NOT NEW NEWS, BUT WE KNOW THAT HIGHER EDUCATION IN COLORADO IS UNDERFUNDED COMPARED TO OUR PEERS. IN FACT THE STATE OF COLORADO RECENTLY COMMISSIONED A STUDY TO IDENTIFY NEW TIERS FOR ALL OF COLORADO'S HIGHER ED INSTITUTIONS. TO GET COLORADO'S HIGHER ED INSTITUTIONS UP TO THE AVERAGE FUNDING LEVEL OF OUR PEERS AROUND THE COUNTRY WHO COST ABOUT NINE HUNDRED FORTY TWO MILLION DOLLARS. CU ALONE IS FOUR HUNDRED FIFTY SEVEN MILLION DOLLARS JUST TO GET OUR CAMPUSES UP TO THE AVERAGE PEER FUNDING LEVEL. ALL THE WHILE, WE CONTINUE TO BE INVESTED AND PRIORITIZE AFFORDABILITY AND STUDENT SUCCESS. AND SO WE CONTINUE TO INVEST IN FINANCIAL AID. AS YOU CAN SEE, THE CAMPUSES HAVE REALLY BEEN INCREASING THEIR COMMITMENT OVER THE LAST SEVERAL YEARS TO FINANCIAL AID. YOU CAN ALSO SEE THE BLACK BAR AT THE BOTTOM OF THE CHART, WHICH IS STATE FINANCIAL AID INCREASING AS WELL, FOR WHICH WE'RE GRATEFUL. BUT THE PRIMARY SOURCE OF FINANCIAL AID ON OUR CAMPUSES IS INSTITUTIONAL AID. THE GOOD NEWS IS THAT WE ARE KEEPING COSTS IN CHECK FOR OUR STUDENTS AND THEIR FAMILIES. SO WHEN YOU LOOK AT ALL OF OUR STUDENTS COMBINED AND YOU LOOK AT THEIR OUT-OF-POCKET COSTS, ON AVERAGE, STUDENTS AT THE UNIVERSITY OF COLORADO ARE PAYING EIGHT PERCENT LESS THAN THE RATE OF INFLATION THAN THEY WERE BACK IN 2014. SO THAT MEANS IT'S EFFECTIVELY CHEAPER TO GO TO CU TO GET A CU DEGREE TODAY THAN IT WAS IN 2014. AND WE HAVE DETAIL ON THIS PARTICULAR TOPIC IN OUR CU STRATEGIC PLAN MATRIX, BUT OF COURSE, THE MOST IMPORTANT THING TO AFFORDABILITY IS GETTING THE DEGREE. AND THIS IS WHAT WE DO. SO THIS IS GOING TO BE, AS WAS MENTIONED EARLIER TODAY, IT'S AN IMPORTANT FOCUS OF [02:40:05] THE CU STRATEGIC PLAN. BUT BECAUSE IT'S ALSO A CRITICAL PIECE OF AFFORDABILITY, I INCLUDED IT HERE. SO WHILE ALL OF OUR CAMPUSES HAVE GOOD GRADUATION RATES COMPARED TO OTHER INSTITUTIONS IN COLORADO, WE DISCUSSED TODAY THAT WE NEED TO DO BETTER IN ALL OF THESE AREAS, ESPECIALLY IN TERMS OF CLOSING THE GRADUATION GAP BETWEEN UNDERREPRESENTED MINORITIES AND OUR GENERAL STUDENT POPULATION. THE GOOD NEWS IS THAT WHEN OUR STUDENTS GRADUATE AND THEY GET A DEGREE, THEY ARE GETTING JOBS BECAUSE THEY'RE ABLE TO PAY BACK THEIR STUDENT LOANS. NOW, IT'S IMPORTANT TO REMEMBER THAT OVER HALF OF OUR STUDENTS HAVE NO DEBT. BUT FOR THOSE WHO DO HAVE THAT, ON AVERAGE, THE DEBT IS JUST UNDER THIRTY THOUSAND DOLLARS. THESE ARE THE DEFAULT RATES FOR STUDENTS GRADUATING FROM OUR CAMPUSES WELL BELOW THE STATE AND NATIONAL AVERAGES. BUT OF COURSE, WE HAVE GROWING NEEDS ON OUR CAMPUSES AND WE ARE WELL AWARE OF THESE NEEDS, FINANCIAL AID DEFERRED MAINTENANCE, PAY EQUITY AND THE STRATEGIC INVESTMENTS THAT YOU AND THE PRESIDENT AND THE CHANCELLORS HAVE BEEN FOCUSING SO MUCH ON. CU ONLINE AND TECHNOLOGY AND OF COURSE, MENTAL HEALTH SERVICES, AS WE'VE SEEN DURING THE PANDEMIC, ARE A CRITICAL NEED ON OUR CAMPUSES. SO WHEN WE LOOK AHEAD TO THE FUTURE, THERE ARE OPPORTUNITIES AND THERE ARE CHALLENGES. SO COMPETITION IS FIERCE IN HIGHER EDUCATION, SO THERE ARE FORTY NINE INSTITUTIONS FROM AROUND THE COUNTRY RECRUITING AND REGIONAL ADMISSIONS OFFICERS IN COLORADO, AND THEY ARE GOING AFTER OUR HIGH SCHOOL GRADUATES AND OTHER POTENTIAL STUDENTS IN COLORADO. THE STUDENT PIPELINE, AS WE'VE BEEN TALKING ABOUT IN TERMS OF PROTECTED HIGH SCHOOL GRADUATES, IS GOING TO HAVE A BUMP OR REALLY A DIP, AS YOU CAN SEE HERE. SO WICHE IS PROJECTING THAT BETWEEN 2026 AND 2037, WE'LL SEE IT'S 10 PERCENT DECLINE IN A NUMBER OF HIGH SCHOOL GRADUATES IN COLORADO. WE ALSO ARE DEALING WITH A DIFFERENT WITH A CHANGING STATE THAT WE NEED TO BE RESPONDING TO. SO THIRTY FIVE PERCENT OF CURRENT HIGH SCHOOL GRADUATES IN COLORADO ARE FROM UNDERREPRESENTED MINORITY GROUPS. HERE YOU CAN SEE THAT OUR CAMPUSES, WHO THINKS THAT IS CU DENVER. CU DENVER IS SERVING A LARGER PERCENTAGE THAN THAT OF UNDERREPRESENTED MINORITY STUDENTS. DENVER OR UCCS AND BOULDER ARE WORKING TO MAKE PROGRESS IN THAT AREA. AND THIS IS AN IMPORTANT PRIORITY THAT WE TALKED ABOUT EARLIER TODAY AND OBVIOUSLY A KEY FOCUS OF OUR STRATEGIC PLAN. TODD, IF YOU COULD JUST GO BACK TO THAT SLIDE THERE. I THINK THAT REALLY HIGHLIGHTS WHY SO MANY REGENTS AT THE FINANCE COMMITTEE WERE PARTICULARLY INTERESTED IN THE CONVERSATION WE HAD AROUND SPANISH LANGUAGE ENROLLMENT MATERIALS. AND I THINK THAT IF YOU LOOKED AT HIGH SCHOOL GRADUATES AND WHERE THEY'RE COMING FROM OVER THE NEXT 10 YEARS IS THE GROWTH IS PREDOMINANTLY IN UNDERREPRESENTED STUDENTS AND THEN LATINX STUDENTS. AND IT'S BY NO MEANS RIGHT AN ASSUMPTION THAT WE CAN MAKE THAT JUST BECAUSE YOU ARE LATINX, THAT YOU SPEAK SPANISH, BUT WE CAN MAKE INROADS WITH THOSE COMMUNITIES BY BEING MORE WELCOMING IN OUR ENROLLMENT MATERIALS. THANK YOU. SO ONE OF OUR CHALLENGES, AS WE MENTIONED EARLIER WITH THE DISCUSSION ABOUT THE HANOVER STUDY, IS THAT COLORADO IS RANKED POORLY NATIONALLY WHEN IT COMES TO THE STATE FUNDING HIGHER EDUCATION. IT'S NOT BECAUSE OF A LACK OF COMMITMENT FROM THE STATE. IT'S BECAUSE OF A LACK OF RESOURCES. BUT COLORADO RANKS FORTY SEVENTH NATIONALLY WHEN IT COMES TO FUNDING HIGHER EDUCATION. SO WITH THAT IN MIND, AS WE LOOK FORWARD TO THE NEXT FISCAL YEAR, WE ARE RECOMMENDING A TUITION INCREASE OF THREE PERCENT. SO THAT'S AFTER HAVING THREE YEARS DURING WHICH WE HAD THE EXACT SAME TUITION RATE. THE GOVERNOR'S BUDGET REQUEST INCLUDES AUTHORIZATION FOR INSTITUTIONS TO HAVE A TUITION INCREASE, UP TO THREE PERCENT, WITH THE ABILITY TO ASK THE COMMISSION ON HIGHER EDUCATION FOR INCREASE IN EXCESS OF THAT. AS WE LOOK FORWARD TO NEXT YEAR IN TERMS OF ENROLLMENT. [02:45:07] WE HAVE A MIXED PICTURE ACROSS OUR CAMPUSES. SO CU BOULDER IS PROJECTING A TWO PERCENT INCREASE IN ENROLLMENT FOR THE NEXT FISCAL YEAR, WHEREAS DENVER AND UCCS ARE PROJECTING DECLINES AND ANSCHUTZ IS PROJECTING A SLIGHT INCREASE, AS WE USUALLY SEE ON THE ANSCHUTZ CAMPUS . BECAUSE OF THAT ENROLLMENT. OPPS. SORRY, THIS IS WHAT IT DOES. SORRY. OK, BECAUSE OF THAT ENROLLMENT PICTURE, IT'S. TAKE MY HAND OFF THE MOUSE BECAUSE OF THAT ENROLLMENT PICTURE, WE ARE RECOMMENDING A NEW APPROACH FOR COMPENSATION FOR THE NEXT FISCAL YEAR. SO HISTORICALLY, THE BOARD HAS VOTED ON COMPENSATION IN APRIL AND WE IMPLEMENTED THE COMPENSATION CHANGE IN ON JULY ONE, WHERE THE PROBLEM WITH THAT IS THAT ON JULY ONE, WE DON'T KNOW HOW OUR REVENUE PICTURE LOOKS AND WE WON'T KNOW UNTIL AFTER THE FALL CENSUS, WHICH IS IN SEPTEMBER. SO THIS YEAR, WE ARE RECOMMENDING THAT ONCE AGAIN, THE BOARD TAKE ACTION IN APRIL ON A POSSIBLE MERIT POOL, THAT WILL ESTABLISH REVENUE TARGETS. AND WE WOULD AND EACH CAMPUS WOULD HAVE TO HIT THAT REVENUE TOP TARGET AFTER THE FALL SEMESTER OR AFTER THE FALL CENSUS IN ORDER TO TRIGGER A MERIT POOL. SO ESSENTIALLY, WE WON'T SPEND THE MONEY BEFORE WE KNOW WE HAVE IT. AT THIS POINT, REVENUES OUR FORECASTS INDICATE THAT REVENUES WILL NOT BE ADEQUATE TO SUPPORT A MERIT POOL ON OUR CAMPUSES. BUT THAT BEING SAID, THE CAMPUSES ARE WORKING HARD TO IMPROVE ENROLLMENT. IF ENROLLMENT COMES IN AHEAD OF FORECAST WE MIGHT BE ABLE TO IMPLEMENT A COMPENSATION POOL. IF THAT DOES OCCUR, THE COMPENSATION THE MERIT POOL INCREASE WOULD BEGIN ON JANUARY 1ST OF 2022. SO WE ARE GOING TO PERMANENTLY SWITCH OUR COMPENSATION CYCLE SO THAT WE WILL WAIT UNTIL THE BEGINNING OF THE CALENDAR YEAR TO IMPLEMENT COMPENSATION DECISIONS. IT'S IMPORTANT TO NOTE THAT THIS GAP RIGHT HERE BETWEEN JULY ONE AND JANUARY 1ST, THERE WOULD BE NO COMPENSATION. THERE WOULD BE NO CONSIDERATION OF A COMPENSATION POOL. AND ONLY IF THE FALL ENROLLMENT COMES IN STRONGER THAN EXPECTED, WOULD WE EVEN BE ABLE TO CONSIDER IT. THE ONE EXCEPTION TO THIS IS CLASSIFIED STEPS. AND, OF COURSE, WE ARE OBLIGATED TO ADHERE TO THE STATE DECISIONS ON COMPENSATION FOR OUR CLASSIFIED EMPLOYEES. THE JVC HAS VOTED TO INCLUDE A 2.5 PERCENT COMPENSATION POOL FOR STATE EMPLOYEES IN THE STATE BUDGET. AND IF THAT IS ULTIMATELY APPROVED, OUR CLASSIFIED EMPLOYEES WOULD SEE THAT 2.5 PERCENT INCREASE EFFECTIVE JULY ONE. AT CU ANSCHUTZ IS AN EXCEPTION TO THIS NEW TIMELINE THAT I JUST DESCRIBED AND CU ANSCHUTZ WILL ALSO CONTINUE TO MAKE COMPENSATION DECISIONS THAT ARE EFFECTIVE ON JULY ONE. SO NOW WE'RE GOING TO PROVIDE A LITTLE BIT OF ADDITIONAL INFORMATION FOR EACH CAMPUS AND THEIR BUDGET PICTURE. SO WE MENTIONED EARLIER THE ENROLLMENT PICTURE FOR CU BOULDER, AND HERE YOU CAN SEE WHERE THE ENROLLMENT WAS FOR CU BOULDER LAST YEAR. WHERE THE CAMPUS THINKS THEY'LL END UP THIS YEAR. AND WHERE CU BOULDER BELIEVES ENROLLMENT WILL END UP FOR FY TWENTY ONE TWENTY TWO. WHAT EACH CAMPUS WILL TELL YOU IS THAT THESE PROJECTIONS ARE PARTICULARLY DIFFICULT TO ESTIMATE IN THAT FOR THE UPCOMING FISCAL YEAR. SO WHEN WE COME TO APRIL, THE PROJECTIONS WILL BE REFINED BUT THEY'LL STILL BE ROUGH. SO WHEN WE LOOK AT THAT ENROLLMENT AND WE LOOK AT IT IN MORE DETAIL, YOU CAN SEE HOW ENROLLMENT IS LOOKING BY STUDENT TYPE AT CU BOULDER. SO UP HERE AT THE TOP, WE HAVE UNDERGRADUATE RESIDENT STUDENT ENROLLMENT AND THE [02:50:03] CAMPUS IS ESTIMATING A TWO POINT FOUR PERCENT INCREASE. YOU CAN SEE NONRESIDENT UNDERGRADUATE ENROLLMENT AND THEN GRADUATE STUDENTS. WHEN WE LOOK AT REVENUE AT CU BOULDER IN THE CURRENT, YOU CAN SEE THAT ORIGINALLY IN FY TWENTY TWENTY ONE IN THE JUNE BUDGET, THE CAMPUS HAD ESTIMATED THAT REVENUES WOULD DECLINE AND THAT OPERATING REVENUES WOULD BE AT EIGHT HUNDRED NINETY ONE MILLION DOLLARS. THE CAMPUS NOW BELIEVES THAT OPERATING REVENUES ARE GOING TO BE CLOSER TO EIGHT HUNDRED SIXTY EIGHT MILLION DOLLARS. THAT EXPLAINS THE RECENT ANNOUNCEMENTS FROM THE CAMPUS ABOUT THE ADDITIONAL BUDGET BALANCING ACTIONS THEY'RE HAVING TO TAKE. AS WE LOOK AHEAD TO THE NEXT FISCAL YEAR. WE HAVE THREE BUDGET SCENARIOS, ALL BASED UPON DIFFERENT REVENUE PICTURES. SCENARIO A IS ESSENTIALLY BASED UPON THE GOVERNOR'S BUDGET REQUEST, WHICH INCLUDES A RESTORATION OF FUNDING FOR HIGHER EDUCATION TO THE FY 19 20 FUNDING LEVELS. BUT AS YOU KNOW, THE CEOS HAVE GOTTEN TOGETHER FROM ALL THE INSTITUTIONS ACROSS THE STATE AND HAVE COME TOGETHER ON A BUDGET REQUEST WHICH BUILDS UPON THE GOVERNOR'S BUDGET REQUEST. THAT'S REPRESENTED BY SCENARIO C. IF THAT EFFORT IS SUCCESSFUL TO CU BOULDER BUDGET IN FY 21 22 WOULD BE ABOUT NINE HUNDRED SIXTY THREE MILLION DOLLARS. IN TERMS OF TUITION RATES, THIS IS WHAT A THREE PERCENT TUITION INCREASE MEANS, AT CU BOULDER IT WOULD RESULT IN A THREE HUNDRED TWENTY DOLLAR INCREASE FOR INCOMING RESIDENT STUDENTS AT CU BOULDER. INCOMING FRESHMEN AT CU BOULDER AND REMEMBER, CU BOULDER HAS A FOUR YEAR GUARANTEE, SO CONTINUING STUDENTS WOULD SEE NO INCREASE AND THIS NEW RATE WOULD BE GUARANTEED FOR FOUR YEARS FOR THE INCOMING FRESHMEN. THE NON RESIDENT TUITION RATE, TOO, WORKS THE SAME WAY AS THE RESIDENT RATE. SO THE CONTINUING NONRESIDENT STUDENTS WON'T SEE ANY INCREASE AND THE INCOMING NONRESIDENT STUDENTS WOULD HAVE THIS RATE GUARANTEED FOR FOUR YEARS. HERE YOU CAN SEE THE GRADUATE RATES. IN TERMS OF TUITION REVENUE. IT'S JUST IMPORTANT TO KEEP IN MIND WHERE CU BOULDERS TUITION PIE IS CENTERED. AND AS WE ALL KNOW, IT'S HEAVILY WEIGHTED TOWARD NONRESIDENT STUDENTS IN TERMS OF THE FUNDING SOURCE, AND YOU CAN SEE HERE THAT 58 PERCENT OF CU BOULDERS TUITION REVENUE COMES FROM NONRESIDENT STUDENTS. IN TERMS OF MANDATORY FEES AT CU BOULDER, THE CHANGES ARE PRETTY SLIGHT, WE DON'T KNOW WHAT THE ULTIMATE FEE RECOMMENDATION IS GOING TO BE FROM THE CAMPUS BECAUSE THE CU STUDENT ACTIVITY HAS NOT YET BEEN SET BY THE STUDENTS. BUT WE'LL HAVE THAT FOR YOU IN APRIL. SO WHAT DOES THE EXPENSE PICTURE LOOK LIKE? [INAUDIBLE] IT MATCHES THE REVENUE PICTURE BECAUSE THE CAMPUS BALANCES THEIR BUDGET, BUT YOU CAN SEE WHERE THE MONEY IS SPENT. AND SO HERE YOU CAN SEE THE THREE BIG BUDGET CATEGORIES OR SALARY BENEFITS AND THE OPERATING EXPENSES OF CAMPUS. AS WE LOOK AHEAD TO THE NEXT FISCAL YEAR AND SCENARIO C, YOU CAN SEE KIND OF THE ALLOCATION OF EXPENSES ACROSS TO EQUAL THAT NINE HUNDRED SIXTY THREE MILLION DOLLAR TOTAL. AND THERE'S MORE DETAIL ON THIS, AND I SHOULD HAVE MENTIONED THIS EARLY ON, BUT THERE'S MORE DETAIL ON THIS IN THE DETAILED SLIDE DECK ATTACHED IN BOARD DOCS THAT HAS MUCH MORE DETAILED INFORMATION ON THE REVENUE EXPENSE SIDE OF THE BUDGET. TODD. THERE'S SOME CONVERSATION GOING ON IN THE CHAT RIGHT NOW ABOUT SOME BACKGROUND NOISE AND MAYBE EFFIE, CAN YOU MUTE ANYBODY THAT ISN'T TODD RIGHT NOW AND THAT MIGHT ELIMINATE SOME OF THE BACKGROUND NOISE THAT OR TODD, YOU ARE GIVING THIS PRESENTATION FROM A FISH TANK, WHICH I HIGHLY DOUBT. OK, HERE, I COULD TRY TO PUT ON SOME HEADPHONES. WOULD THAT BE BETTER WE CAN TAKE A QUICK BREAK FOR A SECOND. LOOKS LIKE EVERYONE'S MUTED, SO I'M NOT SURE WHERE THAT'S COMING FROM. [02:55:02] PERHAPS IT'S COMING FROM YOU TODD. MR. CHAIRMAN CAN WE PAUSE FOR A SECOND. OK, YEAH, IT'S FINE. I CAN PAST THE NOISE, OK, BUT IT COULD ALSO BE MY LITTLE SPACE HEATER THAT'S HEATING UP MY FEET SO JUST A SECOND. [LAUGHTER] I PROBABLY THINK IT'S PLANNED NOISE, JUST A LULL EVERYBODY INTO KIND OF A DEAL SO YOU DON'T GET TOUGH QUESTIONS AT THE END. MAYBE I SHOULD TURN THE SPACE HEATER BACK ON. IS THAT BETTER. YEAH DOES THAT SOUND BETTER IT WAS PLANNED BY YOU, WASN'T IT TODD? WELL, YOU KNOW. I SHOULDN'T HAVE ADMITTED TO HAVING THE SPACE HEATER. HEY, LET ME JUST ASK A QUICK QUESTION. I KNOW YOU HAVE LOTS MORE TO PRESENT. STIMULUS DOLLARS WE'VE BEEN LET GO. AND IF THERE'S NEW STIMULUS DOLLARS THAT COME DOES THIS BLOW ALL YOUR PLANNING TO PIECES HERE OR WHAT? I WISH THEY WOULD, BUT THEY WON'T. AND SO IF ADDITIONAL STIMULUS DOLLARS HAPPEN, THEY'LL BE ONE TIME FUNDS AND SO THEY'LL HELP THE CAMPUSES IN THE CURRENT FISCAL YEAR. AND TO THE EXTENT TO WHICH CAMPUSES HAVE HAD TO IMPLEMENT DEEP BUDGET CUTS IN THE CURRENT YEAR, THAT IT COULD PROVIDE SOME RELIEF TO THAT. IT COULD PROVIDE SOME RELIEF TO STUDENTS, DEPENDING ON HOW THE STIMULUS PACKAGE IS STRUCTURED. AND THEY MIGHT EVEN BE ABLE TO HELP US START TO BUILD OUR RESERVES BACK UP. IT JUST DEPENDS ON HOW MUCH THEY ARE AND WHAT THEY COULD POTENTIALLY BE USED FOR. BUT EITHER WAY, THERE'LL BE ONE TIME IN NATURE SO THEY WON'T CHANGE THE BUDGET PICTURE FOR FY 22. DOES THAT ANSWER THE QUESTION OK? WELL, NO, BUT GO AHEAD WITH YOUR PRESENTATION. WELL, I WANT TO ANSWER YOUR QUESTION. YOU KNOW TODD THERE'S LOTS OF QUESTIONS AND ONE OF THEM IS THAT WE'RE BUILDING OUR BUDGETS ON ENROLLMENT'S AND ON TUITIONS, WHICH LIKE WE ALWAYS HAVE IN THE PAST. AND SO THE STIMULUS FUNDS MAY HELP THIS NEXT YEAR SO THAT WE CAN BECOME MORE PREDICTABLE AND WE DON'T KNOW WHAT COVID IS BRINGING. AND I THINK THAT WE DO OUR VERY BEST TO PREDICT WHAT OUR FALL NUMBERS ARE GOING TO BE. BUT, YOU KNOW, IT'S HARD TO RECRUIT STUDENTS RIGHT NOW. IT'S HARD TO TELL WHAT THEY'RE GOING TO DO. IT'S HARD TO TELL WHETHER WE'RE GOING TO BE PART COVID ALL COVID NO COVID NEXT FALL. SO, YOU KNOW, WHAT I SEE IS US CONTINUING TO HEAD THE DIRECTION OF THAT CLIFF AND WE'RE GOING TO FALL OFF BECAUSE OF TUITIONS AND ENROLLMENTS. THAT'S WHAT WE'RE BUILT ON. ONE HUNDRED PERCENT. AND THAT'S HOW WE'VE ALWAYS BEEN BUILT. AND MAYBE WE DON'T NEED TO DISCUSS IT NOW, BUT, BOY, WE NEED TO COME UP WITH SOME DIFFERENT SCENARIOS HERE. WE KNOW WE'RE NOT GOING TO GET A LOT OF MONEY FROM THE STATE. AND THAT'S GOING TO CONTINUE TO HAPPEN. SO IT SEEMS TO ME LIKE AND IT MIGHT BE WHERE I'M AT TODAY, BUT IT SEEMS LIKE A DOOMSDAY KIND OF PREDICTION HERE. BUT GO AHEAD WITH YOUR PRESENTATION. WELL, I'LL ANSWER THAT QUESTION SO THE CAMPUSES SO WE DO HAVE DIFFERENT SCENARIOS AND THEY ARE BASED UPON DIFFERENT STATE FUNDING LEVELS. THE CAMPUSES HAVE ALL BEEN CAUTIOUS IN THEIR TUITION FORECASTING FOR THE NEXT FISCAL YEAR. WE'RE TRYING TO KEEP IT REALISTIC, BUT CAUTIOUS, AND IT MIGHT BE HELPFUL TO HEAR FROM THE CAMPUSES ON THAT POINT, MR. CHAIRMAN. AI THINK THAT YOU AND I HAVE HAD THIS SAME DISCUSSION, I DON'T REALLY KNOW THAT THE CAMPUSES ARE GOING TO HAVE A LOT OF INFORMATION IN TERMS OF HOW MUCH BETTER THEY CAN PREDICT THE NUMBERS OF STUDENTS THAT ARE GOING TO BE COMING TOWARDS THEM. AND, YOU KNOW, WE DID MAKE SOME HARD CUTS LAST YEAR. I'LL GO WITH THAT. AND PROBABLY WE MAY NEED TO MAKE SOME MORE WITH REGARD TO THAT. BUT, YOU KNOW, WE CAN GO LOW ON OUR ENROLLMENT PROJECTIONS. AND SO WHEN THEY DON'T COME IN THAT LOW, IT LOOKS GOOD. BUT WE'RE STILL DOWN FOUR OR FIVE HUNDRED STUDENTS. RIGHT. SO, I THINK SOMETIMES WE'RE LOOKING AT ARTIFICIAL NUMBERS AS WELL. SO I DO THINK THAT WE'RE SO OUR FORECASTING IS WITHIN A RANGE, AND SO THE QUESTION IS WHAT PART OF THE RANGE DO YOU USE? AND SO I THINK THE CAMPUSES ARE USING A CAUTIOUS END OF THE RANGE, BUT IT'S STILL WITHIN THE RANGE OF POSSIBILITY. [03:00:05] THAT ANY DIFFERENT. BUT LET ME GIVE YOU AN EXAMPLE. THIS YEAR WE KNEW WE WERE GOING TO BE LOW IN ENROLLMENT AT UCCS AND AT DENVER. SO THE CHANCELLOR THEY HAD A CONSERVATIVE NUMBER TO THE NUMBER OF STUDENTS. SO THEY WENT PRETTY LOW. RIGHT. SO IT CAME OUT NOT QUITE THAT LOW. WE ARE STILL DOWN FOUR HUNDRED STUDENTS, BUT IT LOOKS LIKE WE'RE FINE BECAUSE IN OUR PREDICTIONS WE HAD GONE LOWER THAN THAT. THE FACT IS WE'RE LOSING STUDENTS. AND I THINK IT'S A REALLY IMPORTANT POINT TO MAKE, THAT EVEN THOUGH THE FORECASTS OR THE ACTUAL ENROLLMENT AT UCCS IN DENVER TURNED OUT BETTER THAN EXPECTED, IT'S STILL RESULTED IN THE CAMPUSES FACING QUITE A BUDGET CHALLENGE. AND YOU CAN SEE THAT BECAUSE THE CAMPUSES HAVE STILL RECOMMENDED BUDGET REDUCTIONS AND BUDGET BALANCING STRATEGIES. BUT I THINK IF IT'S OK, I'LL KEEP ON MOVING THROUGH THE PRESENTATION. PLEASE DO TODD. I'LL TRY TO KEEP ON ANSWERING THAT AS WE GO. SORRY I HAVE TO REARRANGE MY SCREEN A LITTLE BIT HERE. OK. AND GLEN, CAN WE GET A TIME CHECK HOW MUCH LONGER WOULD YOU LIKE FOR THIS CONVERSATION TO GO SO WE STAY ON TRACK? THIS ONE WAS SCHEDULED FOR AN HOUR AND WE'RE ABOUT HALFWAY THROUGH THAT HOUR RIGHT NOW. OK? I DON'T THINK WE'LL I CERTAINLY WOULDN'T NEED THAT MUCH TIME, BUT IF FOLKS HAVE QUESTIONS, WE'RE HAPPY TO ANSWER THEM. SO EACH CAMPUS HAS SOME TARGETED, INVESTMENTS INCLUDED IN THEIR BUDGET REQUEST. AT CU BOULDER. THERE YOU CAN SEE THE CHANCELLOR IS PRIORITIZE DIVERSITY FUNDING TO MATCH THE DIVERSITY FUNDING INVESTMENT FROM THE PRESIDENT AND THEN THE CAMPUSES BUDGETED DOLLARS AND TO ALIGN WITH THE EQUAL PAY ACT REQUIREMENTS. IF REVENUE COMES IN HIGHER AND WE ACTUALLY DID THESE SLIDES TO ADDRESS THESE KINDS OF QUESTIONS THAT YOU ASKED, MR. CHAIRMAN. IF REVENUE COMES IN HIGHER WHAT WILL THE CAMPUS DO? SO AS I MENTIONED EARLIER, THE CURRENT PROJECTIONS DON'T SUPPORT A COMPENSATION POOL FOR FY 22 BUT IF REVENUES COME IN HIGHER BECAUSE OF HIGHER MOMENTS THEN A COMPENSATION POOL MIGHT BE POSSIBLE. AND WE WILL DEFINE WHAT THE REVENUE THRESHOLDS NEED TO BE TO ENABLE TO ALLOW FOR THAT COMPENSATION POOL IN THE APRIL BUDGET RESOLUTION. OF COURSE, THE CAMPUS IS ALSO HOPING TO BE ABLE TO MAKE ADDITIONAL INVESTMENTS IN ACADEMIC SERVICES AND TO RESTORE RESERVES IF REVENUES COME IN HIGHER THAN EXPECTED. BUT WHAT IF REVENUES COME IN LOWER? WELL, WE HAVE EXPERIENCED VERY RECENT EXPERIENCE OF WHAT WE DO WHEN REVENUES COME IN LOWER THAN EXPECTED. AND SO ESSENTIALLY THE CAMPUS WOULD BE FORCED TO IMPLEMENT SOME OF THE BALANCING ACTIONS THAT THEY IMPLEMENTING OVER THE LAST FEW MONTHS. ANY OTHER QUESTIONS ABOUT CU BOULDER BEFORE I MOVE ONTO COLORADO SPRINGS? OK. SO LET'S START BY LOOKING AT ENROLLMENT AT UCCS. SO UCCS IS FORECASTING A DECLINE IN ENROLLMENT OF TWO POINT EIGHT PERCENT, FOR FY TWENTY ONE TWENTY TWO. AND YOU CAN SEE HOW THAT COMPARES TO WHERE THE CAMPUS WAS LAST YEAR IN TERMS OF ENROLLMENT. SO WHEN WE LOOK AT THAT BY STUDENT TYPE, YOU CAN SEE HOW THE NUMBERS SHIFT AROUND. SO HERE WE SEE A THREE POINT THREE PERCENT REDUCTION FOR RESIDENT UNDERGRADUATE STUDENTS. WHICH IS THE PRIMARY SOURCE OF ENROLLMENTS ON THE CAMPUS AND THEN DOWN HERE, THIS LIGHTER GOLD BAR IS NONRESIDENT UNDERGRADUATE STUDENTS AND THE BLUE BARS ARE GRADUATE STUDENTS FOR THE CAMPUSES, LOOKING ESSENTIALLY, [INAUDIBLE] LOOKING AT ESSENTIALLY FLAT ENROLLMENT. WHEN WE LOOK TO SEE HOW THAT TRANSLATES INTO THE REVENUE PICTURE, FIRST WE LOOK AT [03:05:02] THE CURRENT YEAR. SO THE CAMPUS HAD FORECASTED THE BUDGET IN FY TWENTY ONE, THE CURRENT FISCAL YEAR OF ABOUT ONE HUNDRED THIRTY ONE MILLION DOLLARS. YOU CAN SEE AND THIS IS THE OPERATING BUDGET AND YOU CAN SEE HOW THAT COMPARES TO THE PRIOR YEARS BUDGET. BUT AS YOU MENTIONED, MR. CHAIRMAN THE CAMPUS ENDED UP IN A MORE POSITIVE REVENUE PICTURE AND IN LARGE PART DRIVEN BY TUITION COMING IN STRONGER THAN EXPECTED BECAUSE ENROLLMENT CAME IN STRONGER THAN HAD BEEN EXPECTED. HERE YOU CAN SEE THE CARES ACT FUNDS THAT THE CAMPUS RECEIVED. AS WE LOOK AHEAD TO THE NEXT FISCAL YEAR, WE HAVE THREE BUDGET SCENARIOS, THE ONE THAT IS BASED UPON THE CONSENSUS HIGHER CEO FUNDING REQUEST IS SCENARIO C, WHICH WOULD PUT THE CAMPUS BUDGET VERY CLOSE TO THE LEVEL THAT IT WAS AT IN FY 19 20. SO WHEN WE TURN TO TUITION RATES, WHAT DOES THAT LOOK LIKE AT UCCS? THE THREE PERCENT TUITION INCREASE IN UCCS WOULD RESULT IN A TWO HUNDRED SIXTY SIX DOLLAR INCREASE FOR RESIDENT UNDERGRADUATE STUDENTS. AND HERE YOU CAN SEE WHAT THE NONRESIDENT UNDERGRADUATE STUDENT IMPACT WOULD BE. HERE AT THE GRADUATE RATE. THE GRADUATE TUITION RATE INCREASES. SO THE TUITION REVENUE PIE LOOKS QUITE DIFFERENT AT UCCS BOULDER, AS WE ALL KNOW, AND THE UCCS CAMPUS RELIES HEAVILY ON RESIDENT UNDERGRADUATE TUITION. WHEN WE TURN THE PAGE TO FEES, YOU CAN SEE A VARIETY OF SMALL FEE CHANGES AT UCCS IN TERMS OF MANDATORY FEES, THE TOTAL FEE CHANGE AT UCCS FOR MANDATORY FEES IS EITHER 12 DOLLARS OR FOURTEEN DOLLARS. I CAN'T REMEMBER WHICH ONE, BUT A PRETTY SMALL INCREASE. HERE. YOU CAN SEE THE PROPOSED CHANGES IN HOUSING AND DINING FEES, WHICH, OF COURSE, ARE ONLY PAID BY STUDENTS WHO LIVE IN CAMPUS HOUSING. WHEN WE TURN TO THE EXPENSE PICTURE, OF COURSE, IT LINES UP WITH THE REVENUE PICTURE OR ELSE WE WOULDN'T BE DOING OUR JOB. AND HERE YOU CAN SEE THE PORTION OF THE CAMPUS BUDGET THAT'S FOR SALARY BENEFITS AND THEN THE OPERATING EXPENSES. SCENARIO C. SO ALL THE CAMPUSES HAVE SET MONEY ASIDE FOR THE EQUAL PAY ACT IMPLEMENTATION, THE. ALL OF THE AND YOU MIGHT HAVE NOTICED AT BOULDER TOO. THE TBD ON THIS. IS VERY REAL. THE CAMPUSES ARE STILL WORKING HARD TO TRY TO GET TO TRY TO IDENTIFY THE EXACT COST TO THE CAMPUS IMPLEMENTATION OF THE EQUAL PAY ACT. AND THE CAMPUSES ARE WORKING INTERNALLY ON OUR CAMPUS WITH OUR WITH OUR EQUAL PAY ACT ADVISORS AND EMPLOYEE SERVICES AT THE SYSTEM. SO IF REVENUE COMES IN HIGHER AT UCCS THAN FORECASTED AND WE HEARD EARLIER FROM THE CHANCELLOR THAT THE APPLICATIONS ARE COMING IN STRONG, AT UCCS. IT'S JUST HARD TO PREDICT WHETHER THAT'S GOING TO END UP LOOKING LIKE, ESPECIALLY BECAUSE WE'RE DEALING WITH COMING OUT OF COVID AND IMPLEMENTATION OF THE COMMON APP THAT UCCS IN THE SAME YEAR. SO IT'S TWO KIND OF BIG, BIG THINGS THAT ARE DIFFICULT TO FORECAST. BUT IF REVENUES DO COME IN STRONGER, THE CAMPUS IS HOPING TO BE ABLE TO HIT THE REVENUE TARGET NEEDED TO CREATE A COMPENSATION POOL THAT WILL BE IDENTIFIED IN THE APRIL COMPENSATION RESOLUTION AND HOPING TO RESTORE STAFFING POSITIONS THAT HAVE BEEN SEVERELY LIMITED DURING THE DURING THE PANDEMIC. AND IT'S IF THOSE THINGS GO WELL, THE CAMPUS HOPES ALSO PRIORITIZE RESTORATION OF THE RESERVES AND ONCE AGAIN, ADDITIONAL FEDERAL DOLLARS COME IN THE DOOR IN RELIEF FUNDS THAT WE'RE NOT EXPECTING AT THIS POINT, THOSE TOO BE USED TO HELP RESTORE THE RESERVE IF IT'S ALLOWED USE BY THE FEDS. TODD CAN I ASK A QUESTION? GO AHEAD. LAST BOX, SEVERAL OF THOSE BULLETS SAID RESTORE, RESTORE, RESTORE IN THE CONVERSATION BULLET SAID POTENTIAL, IS THAT INTENTIONAL MEANING IF MONEY COMES IN, THOSE RESTORE ITEMS HAPPEN FIRST AND THE COMPENSATION POOL HAPPENS IF THERE'S ANYTHING LEFTOVER OR THEY JUST THEY'LL FIGURE IT OUT IF IT HAPPENS? [03:10:04] SO WE. SO THAT'S A GOOD QUESTION. AND WE'LL PROVIDE CLARITY TO YOU ON THAT, SPECIFICALLY IN APRIL WHEN WE COME TO YOU WITH THE REVENUE TARGETS. BUT IN TERMS OF HOW WE PRIORITIZE THESE AT THE CAMPUS, I THINK I WOULD LET THE CHANCELLOR AND [INAUDIBLE] SPEAK TO THAT. REGENT RENNISON I THINK LIKE YOU SAID, I THINK WE'LL HAVE TO FIGURE IT OUT BASED ON WHERE WE ARE AT THAT POINT. SO I WOULD SAY MAYBE YOU DON'T COMPLETELY RESTORE SOME OF THOSE THINGS. RIGHT. RESTORE DOESN'T EQUAL ONE HUNDRED PERCENT. SO BUT WE HAVE TO DO A NICE BALANCING ACT OF SAYING OK WHAT'S THE PRIORITIES FOR THE CAMPUS TO ENSURE ITS SUCCESS. SO WE'RE GOING TO BALANCE IT OUT. GREAT THANK YOU. SURE. ANY OTHER QUESTIONS ON THAT? SO IF REVENUES COME IN LOWER, THE CAMPUSES WILL BALANCE THEIR BUDGET AND HOW THE CAMPUS WILL BALANCE THE BUDGET IS SOMETHING WE ALREADY KNOW BECAUSE WE'VE ALREADY SEEN IT IN ACTION. SO WE KNOW THE TYPES OF CHOICES THE CAMPUSES FACE WHEN DEALING WITH BUDGET SHORTFALLS. OK, ANY OTHER QUESTIONS ABOUT UCCS BEFORE I TURN TO CU DENVER? AND TODD, I WOULD JUST ASK YOU TO TO PUSH THROUGH THESE SLIDES, SINCE FOLKS HAVE SEEN THEM ALREADY AND REGENTS IF THERE IF THERE ARE QUESTIONS, PLEASE ASK THEM, BUT LET'S. I CAN'T SEE THE CHAT RIGHT NOW. SO IF THERE ARE QUESTIONS, PLEASE. I'LL LET YOU KNOW. YEAH. SO HERE IS THE ENROLLMENT PROJECTED ENROLLMENT PICTURE AT CU DENVER. YOU CAN SEE THE PROJECTED ENROLLMENT LEVEL FOR FY TWENTY TWO GOING DOWN FROM IT'S FROM THE CURRENT LEVEL. WHAT'S NOTABLE HERE IS AT CU DENVER THE ENROLLMENT IN THE CURRENT FISCAL YEAR IS ACTUALLY HIGHER THAN THE PRIOR FISCAL YEAR. THAT'S VERY MUCH DRIVEN BY GRADUATE STUDENTS. SO WHEN WE LOOK AT THE ENROLLMENT PICTURE BY STUDENT TYPE AT CU DENVER, YOU CAN SEE THE FORECAST FOR UNDERGRADUATE STUDENTS AND RIGHT HERE IS THE NON RESIDENT UNDERGRADUATE STUDENT. AND THE CAMPUS IS ONCE AGAIN PROJECTING AN INCREASE FOR GRADUATE RESIDENT STUDENTS. IT'S ACTUALLY REALLY QUITE A GOOD NEWS STORY IN TERMS OF GRADUATE EDUCATION AT CU DENVER. WHEN I SHOWED THIS PRESENTATION TO REGENT RENNISON EARLIER, SHE SAID SHE'S SEEING THIS IN HER GRADUATE CLASSES. THAT THEY ARE FULL. WHEN WE LOOK AT THE REVENUE PICTURE AT CU DENVER. HERE YOU SEE WHERE THE CAMPUS WAS LAST YEAR, WHERE THE CAMPUS THOUGHT THEY WOULD BE AND WHERE THEY ACTUALLY ARE IN THE CURRENT YEAR AND THEN LOOKING AHEAD TO NEXT YEAR. AND THE CONSENSUS BUDGET REQUEST FROM THE CEOS, THIS IS WHERE THE CAMPUS WOULD BE IN FY TWENTY ONE TWENTY TWO. IN TERMS OF TUITION, THE THREE PERCENT INCREASE AT CU DENVER WOULD RESULT IN A THREE HUNDRED DOLLAR INCREASE FOR FULL TIME UNDERGRADUATE RESIDENT STUDENTS, HERE'S THE NONRESIDENT INCREASE AND THE GRADUATE STUDENT INCREASES. THE DENVER TUITION PICTURE IS KIND OF IT'S A IT'S A LITTLE BIT OF A HALFWAY BETWEEN UCCS AND BOULDER AND DENVER RELIES MORE HEAVILY ON NONRESIDENT STUDENTS UCCS, BUT LESS SO THAN OR IT RELIES ON NONRESIDENT STUDENTS. MORE THAN UCCS, BUT LESS THAN CU BOULDER. IN TERMS OF MANDATORY FEES AT CU DENVER, HERE YOU CAN SEE THE PROPOSED CHANGE IN THE AURARIA CAMPUS FEE AND THE RTD COLLEGE PASS PROGRAM IS TO BE DETERMINED. EXPENSE SIDE MATCHES UP WITH THE REVENUE SIDE. [INAUDIBLE] WITH CU DENVER, YOU'VE WORKED THESE NUMBERS WITH THE FACT THAT WE'RE GOING TO SUBSIDIZE CU DENVER AGAIN. TO THE TUNE OF WHAT? ARE YOU TALKING ABOUT THE INITIATIVE FUNDS GOING TO THE CAMPUS? IF SO THAT ONGOING, THAT'S A THAT WAS A 10 YEAR COMMITMENT. I CAN'T REMEMBER WHAT YEAR WE'RE IN NOW. MR. CHAIRMAN, IT'S PROBABLY YEAR FIVE OR SIX AND I GUESS I'M SURE THAT. [03:15:05] YOU'VE ANSWERED MY QUESTION, THESE ARE SUBSIDIZED NUMBERS STILL. SO THAT SO THAT REVENUE IS INCLUDED IN WHAT IS INCLUDED IN CAMPUS'S BUDGET AND WILL BE REFLECTED IN THE BUDGET TABLE SO THAT WE PRESENT TO YOU IN JUNE. SO WHAT YOU SE HERE ARE THE TARGETED INVESTMENTS AT CU DENVER THE PAY EQUITY ACT ALIGNMENT, ALONG WITH MONEY BEING SET ASIDE TO COMPLY WITH THE CITY OF DENVER MINIMUM WAGE LAW THAT WAS THAT WAS PASSED BY THE COUNCIL IN TWENTY NINETEEN. TODD, I JUST WANT TO MAKE A NOTE ON THE TBD THERE FOR THE EQUITY PAY ACT ALIGNMENT. YOU KNOW, LOOKING AT THE NUMBERS THAT BOULDER AND HAS PUT FORWARD RELATIVE TO DENVER AND UCCS. IT SEEMS TO ME THAT, YOU KNOW, I'M A LITTLE SKEPTICAL THAT DENVER AND UCCS, ANY PAY EQUITY ISSUES COULD BE MANAGED WITH A BUDGET OF SIX FIGURES THERE OVER SUCH A LARGE ORGANIZATION. SO WE'LL CERTAINLY BE CURIOUS TO SEE WHERE THAT ENDS UP. AND I DEFER TO THE CHANCELLOR OR JENNIFER, IF EITHER OF THEM WANT TO COMMENT ON THAT. YEAH, WE'RE TAKING IT VERY SERIOUSLY. REGENT KROLL AND WE AGREE IT MAY BE LOW. WE'RE WORKING WITH [INAUDIBLE] TO FIGURE OUT EXACTLY WHAT THAT NEEDS TO LOOK LIKE AND GET READY TO MEET THE NEEDS. FROM THE FROM THE BOARD'S PERSPECTIVE, RIGHT, WELL, FROM THIS BOARD MEMBERS PERSPECTIVE RIGHT, A LAWSUIT ON ANY ONE OF THESE ISSUES REGARDING PAY EQUITY IS GOING TO COST MUCH MORE THAN WHAT WE SAW PRESENTED FROM THE TWO CAMPUSES THERE. SO LET'S MAKE SURE WE GET IT RIGHT. WE TOTALLY AGREE. WE'LL GET IT RIGHT. WE'RE AT THE BEGINNING STAGES AND WE'LL BE TRANSPARENT WITH YOU AS WE LEARN MORE. SO, UNFORTUNATELY, I SKIPPED THE WHAT IF REVENUE COMES IN HIGHER SLIDE AND I'M AFRAID TO PRESS MY ARROWS, [INAUDIBLE] SO THE BUT IF THE REVENUE COMES IN HIGHER, IT LOOKS A LOT LIKE THE OTHER CAMPUSES CONSIDER THE COMPENSATION POOL AND RESTORING CUTS AND RESTORING THE RESERVE. IF REVENUE COMES THE LOWER. YOU KNOW THE CAMPUS WILL, I'M SORRY. WE GOT IT, WE GOT IT. SO ANY OTHER QUESTIONS ABOUT CU DENVER? OK, SO THEN LOOKING TO CU ANSCHUTZ. CU ANSCHUTZ IS EXPECTING ENROLLMENT TO CONTINUE TO SLOWLY GROW, AS WE HAVE SEEN AT THE CAMPUS IN THE PAST. HERE YOU CAN SEE THAT ENROLLMENT CHANGE BY STUDENT TYPE, THERE'S A SLIGHT REDUCTION HERE IN TERMS OF GRADUATE EDUCATION, AND THAT'S LARGELY DRIVEN BY THE PHARMACY, SCHOOL OF PHARMACY. THE SCHOOL AT CU ANSCHUTZ IT'S ACTUALLY SEEING QUITE A BIG INCREASE IN ENROLLMENT FOR THEIR IN THEIR PUBLIC HEALTH PROGRAM. SORRY. SO THE REVENUE PICTURE AT CU ANSCHUTZ CURRENT PRIOR YEAR CURRENT YEAR BACK IN JUNE, NEW ESTIMATE FOR THE CURRENT YEAR AND THEN THE DIFFEREN BUDGETS [INAUDIBLE] STATE FUNDING MODELS. THE TUITION CHANGES AT CU ANSCHUTZ, WE LIST, WE SHOW UNDERGRADUATE TUITION RATES, THE ONLY UNDERGRADUATE PROGRAM AT CU ANSCHUTZ IS THE NURSING PROGRAM. SO THIS IS FOR THAT PROGRAM. TUITION, THE TUITION REVENUE PICTURE, AT CU ANSCHUTZ OF COURSE, THE BIG DRIVER IS GRADUATE TUITION BECAUSE ALMOST ALL OF THE PROGRAMS AT CU ANSCHUTZ ARE GRADUATE PROGRAMS. THESE ARE RTD PASSES STILL BEING FIGURED OUT AND THE HEALTH INSURANCE FEE WILL SOON BE SET, WHICH IS WHICH IS A MANDATORY FEE SINCE IT'S A HEALTH CAMPUS. TODD WOULD IT BE CORRECT IN SAYING THAT ANSCHUTZ DOES NOT LIVE BY THE SAME RULES THAT THE OTHER CAMPUSES DO IN TERMS OF ENROLLMENT AND TUITION? DEFINITELY. SO CU ANSCHUTZ DOES NOT EDUCATE THAT MANY STUDENTS BECAUSE OF THE NATURE OF THE PROGRAM. AND SO IT'S NOT A ENROLLMENT [INAUDIBLE] PICTURE. SO IT'S REALLY GOOD THAT THEIR ENROLLMENT IS GOING UP. BUT FOR A DIFFERENT PRESENTATION, YOU MIGHT WANT TO TALK ABOUT WHAT DRIVES [03:20:09] ANSCHUTZ SINCE TUITION AND ENROLLMENTS DO NOT. FOR THE MOST PART. POLITICAL REVENUE AND RESEARCH. THAT'S RIGHT. TODD, I BELIEVE YOU HAVE A QUESTION FOR ME EARLIER ABOUT THE ANSCHUTZ'S REVENUES FROM THEIR CLINICAL ENDEAVORS? I DID INDEED I DID REGENT KROLL. AND SO THIS WAS THE FIRST YEAR IN QUITE A WHILE THAT CLINICAL REVENUE WAS FLAT, AT CU ANSCHUTZ BECAUSE OF COVID BUT WE EXPECT THAT TO START TO GO BACK UP AGAIN AFTER THE PANDEMIC. CHANCELLOR, DO YOU WANT TO WEIGH IN ON THAT OR TERRY? WELL, WE HAD ELECTIVE SURGERIES CANCELED FOR EXCUSE ME, NON-EMERGENCY SURGERIES SINCE MOST PEOPLE DON'T ELECT TO HAVE SURGERY. NON-EMERGENCY SURGERIES WERE CANCELED FROM MARCH UNTIL REALLY JUNE OR JULY AND THEN CUT BACK AGAIN IN NOVEMBER. AND THAT REALLY HURT CLINICAL REVENUES AS WELL AS MANY OF THE CLINICS WERE SHUT OR WENT REMOTE TO TELE-HEALTH. AND THAT ALSO HURT REVENUE. SO IT'S A IT WAS AN INTERESTING YEAR. AND I THINK THE FACT THE FACT THAT THEY'RE FLAT SHOWS IN SOME WAYS MORE STRENGTH. ANY OTHER QUESTIONS FOR CHANCELLOR ELLIMAN ON THAT? BUT THE POINT THAT WE SHOULD MAKE IS THAT WE SHOULDN'T WE SHOULDN'T TIE ANSCHUTZ INTO THE SAME CHARACTERISTICS THAT THE OTHER THREE CAMPUSES HAVE BECAUSE THEY'RE REALLY KIND OF A KIND OF A DIFFERENT ANIMAL. I THINK IT'S A REALLY GOOD POINT. WE GET WHEN WE SHOW OUR BUDGET PRESENTATION IN JUNE, WE REALLY MAKE THAT POINT BECAUSE YOU SEE HOW THE REVENUE MIX IS VERY DIFFERENT AT CU ANSCHUTZ THAN THE OTHER CAMPUSES. THEN THE EXPENSE PICTURE MATCHES THE REVENUE PICTURE. IN TERMS OF TARGETED INVESTMENTS AT CU ANSCHUTZ, THE CAMPUS IS ABLE TO MAKE SOME TARGETED INVESTMENTS INTO DEFERRED MAINTENANCE, PAY EQUITY ACT AND ALSO ESTABLISHING A COMPRESSION AND RETENTION POOL FOR COMPENSATION. ONE OTHER QUESTION, I KNOW THAT WE'RE LOOKING AT DEFERRED MAINTENANCE AND A DIFFERENT WAY OF FUNDING THAT, WILL THAT GO INTO THE THINKING FOR NEXT YEAR PLANNING? WHAT ARE YOUR TIMELINES WITH THAT TODD? SO ALL THE CAMPUSES DO BUDGET FOR DEFERRED MAINTENANCE. NOW, THE QUESTION IS, CAN WE DO SOMETHING THAT'S A BIT MORE GRAND? AND SO THAT STRATEGIC PLANNING, DEFERRED MAINTENANCE AND SUSTAINABILITY WORKING GROUP HAS BEEN MEETING TO TRY TO COME UP WITH SOME MORE AGGRESSIVE OPTIONS TO PRESENT TO THE CHANCELLORS AND THE PRESIDENT AND ULTIMATELY TO YOU. AND AND SO WE WILL HAVE SOMETHING TO SHARE WITH THE BOARD ON THAT RELATIVELY SOON, MAYBE EVEN AS SOON AS THE APRIL BOARD MEETING. APRIL BOARD MEETING. GOOD. WELL, YOU KNOW. YOU KNOW, I SAID HOPEFULLY AS SOON AS THE APRIL BOARD. SO, HOPEFULLY, YES. I MAY HAVE TO ASK MARK [INAUDIBLE] QUESTION ABOUT [INAUDIBLE]. WHO DO YOU THINK IS PUSHING ME? I HEARD TODD SAY APRIL TOO, CHAIRMAN AND. SAID HOPEFULLY. THAT WOULD BE IN TIME TO SLIDE IT INTO THIS YEAR'S FINANCIALS. SO I APPRECIATE YOUR PARTNERSHIP [INAUDIBLE] ADVOCACY. I DON'T LIKE THIS LITTLE GANGING UP ON. THANK YOU FOR THAT [INAUDIBLE]. OK, IF REVENUES COME IN HIGHER AT CU ANSCHUTZ YOU CAN SEE THAT TUITION REVENUES, WHEN THEY COME IN HIGHER THAN THEY GO DIRECTLY TO THE TO THE SCHOOLS AND COLLEGES AT CU ANSCHUTZ. AND SO THEY WILL BE IN CHARGE OF INVESTING THOSE DOLLARS. AND IF THEY COME IN LOWER THE EXACT SAME THING, THE SCHOOLS AND COLLEGES HAVE TO BALANCE THEIR BUDGETS AND MAKE CUTS. AND THAT IS IT. ALL RIGHT, THANK YOU. THANK YOU, TODD. WE HAVE ONE REMAINING ITEM ON THE FINANCE PORTION OF THE AGENDA, AND THAT IS AN ACTION ITEM. RESOLUTION OF APPRECIATION FOR TREASURER DAN WILSON. [03:25:02] AND I'M GOING TO GO AHEAD READ THIS RESOLUTION AT THIS TIME, AND THEN I'LL ASK FOR A MOTION TO APPROVE THE RESOLUTION UPON COMPLETING THE READING. RESOLUTION OF APPRECIATION TO DAN J WILSON. WHEREAS IN AUGUST TWENTY FIFTEEN, DAN J. WILSON BEGAN HIS APPOINTMENT AS TREASURER CHIEF INVESTMENT OFFICER AND ASSOCIATE VICE PRESIDENT FOR BUDGET AND FINANCE OF THE UNIVERSITY OF COLORADO AND SERVED FOR OVER FIVE YEARS IN THIS POSITION THROUGH THE TENURE OF TWO PRESIDENTS, SIX CHANCELLORS AND 15 REGENTS. WHEREAS CHIEF INVESTMENT OFFICER TREASURER WILSON PROMOTED POLICIES TO ACHIEVE GROWTH IN THE UNIVERSITY'S TREASURY POOL FROM ONE POINT SEVEN BILLION TO TWO POINT SEVEN BILLION DOLLARS. TOTAL INVESTMENTS GREW FROM TWO POINT FIVE BILLION TO THREE POINT FIVE BILLION DOLLARS, PROVIDING FUNDING FOR CU'S MOST PROMINENT PRIORITIES AND INITIATIVES. WHEREAS TREASURER WILSON IMPLEMENTED NEW ASSET CLASSES TO TAKE ADVANTAGE OF HIGHER LIQUIDITY AND GREATER PERFORMANCE. AND HE OPTIMIZED RISK ADJUSTED INVESTMENT RETURNS FOR A VARIETY OF DIVERSIFIED PORTFOLIOS. WHEREAS TREASURER WILSON'S COMPREHENSIVE KNOWLEDGE AND UNDERSTANDING OF DEBT FINANCING GUIDED THE UNIVERSITY THROUGH 18 BOND ISSUANCES, HE MANAGED ONE POINT NINE BILLION DOLLARS OF BONDED DEBT AND COP PROJECTS ISSUED BY THE UNIVERSITY. WHEREAS TREASURER WILSON INSTITUTED A COMMERCIAL PAPER PROGRAM SAVING THE CAMPUSES ROUGHLY EIGHT POINT SIX MILLION DOLLARS. AND HE GUIDED THE ADVANCEMENT OF CAPITAL CONSTRUCTION PROJECTS WHILE MAINTAINING SOUND DEBT CAPACITY RATIOS AND ACHIEVED AN UPGRADE TO THE UNIVERSITY'S CREDIT RATING. WHEREAS TREASURER WILSON COMPLIED WITH THE NEW REGULATORY REQUIREMENTS TO CREATE TITLE FOUR BANK ACCOUNTS AND IMPLEMENTED POSITIVE PAY BANK ACCOUNTS WITH ADVANCED SECURITY FEATURES. HE UNDERSTOOD THE CRUCIAL NEED FOR A UNIVERSITY WIDE PLATFORM TO SECURELY PROCESS CREDIT CARD TRANSACTIONS, THUS IMPLEMENTING THE CU ONLINE STORE. WHEREAS TREASURER WILLSON'S PARTICIPATED IN AND MADE SIGNIFICANT CONTRIBUTIONS TO THE COLORADO EDUCATIONAL AND CULTURAL FACILITIES AUTHORITY AND MORE THAN A DOZEN CU AND CU AFFILIATE COMMITTEES. WHEREAS TREASURER WILSON'S INNOVATIVE WORK WITH THE FACULTY HOUSING ASSISTANCE PROGRAM HAS AIDED TWO HUNDRED AND FORTY SIX FACULTY MEMBERS AND THEIR FAMILIES IN REALIZING THEIR GOALS OF HOME OWNERSHIP. WHEREAS TREASURER WILSON WORKED DILIGENTLY TO FIND A SOLUTION FOR STAFF AND FACULTY AT ALL CAMPUSES WHO WERE NOT QUALIFIED TO USE THE FHAP FORGING A PARTNERSHIP WITH LANDED INC., FORTY THREE CU EMPLOYEES HAVE CLOSED ON THEIR PROPERTIES SINCE EARLY TWENTY TWENTY . WHEREAS TREASURER WILSON'S KINDNESS AND CALM APPROACH TO COMPLEX SITUATIONS WHILE MAINTAINING A SENSE OF HUMOR, HAS BEEN GREATLY APPRECIATED BY HIS MANY COLLEAGUES AND FRIENDS. THEREFORE, BE IT RESOLVED THAT THE BOARD OF REGENTS EXPRESSES ITS SINCERE APPRECIATION AND BESTOWS THE TITLE OF UNIVERSITY TREASURER EMERITUS ON DAN J. WILSON FOR HIS EXCELLENT SERVICE AND DEDICATION TO THE UNIVERSITY OF COLORADO, HEREBY ADOPTED BY THE UNIVERSITY OF COLORADO BOARD OF REGENTS ON FEBRUARY 11TH TWENTY TWENTY ONE. I WOULD LIKE TO MOVE. THANK YOU, SUE. IS THERE A SECOND? SECOND. THANK YOU CHANCE. ALL RIGHT, WELL, ANY DISCUSSION, I KNOW WE'RE RUNNING A BIT BEHIND OUR SCHEDULE HERE, BUT DAN WILSON HAS GIVEN SO MUCH OF HIS LIFE TO THIS UNIVERSITY THAT I WOULDN'T WANT TO SHORTCHANGE ANY COMMENTS FOLKS WOULD LIKE TO MAKE REGARDING OUR OUTGOING TREASURER. I'D LIKE TO MAKE A COMMENT. FIRST OF ALL, DAN, THANK YOU SO MUCH FOR YOUR SERVICE TO THE UNIVERSITY OF COLORADO. I'M PROUD THAT I THINK WELL, I WAS ONE OF ONE OF THE REGENTS WHO INTERVIEWED YOU. AND SO I'VE BEEN HERE SINCE YOU STARTED. AND I THINK CHAIR GALLEGOS MAY BE THE ONLY OTHER REGENT AT THE TIME THAT WE BROUGHT IN. IT'S JUST BEEN DELIGHTFUL WORKING WITH YOU AND WORKING WITH YOU AND YOUR ABILITY TO COMMUNICATE WITH SOMEONE LIKE ME TO MAKE THIS, THIS ISN'T MY AREA OF NECESSARILY INTEREST AND EXPERTISE. BUT YOU'VE MADE IT THAT YOU'VE MADE IT MORE INTERESTING AND HAVE HELPED ME TO BECOME MORE KNOWLEDGEABLE AND PREPARED AS A REGENT. I WANT TO JUST THANK YOU SO MUCH. AND YOU'RE GOING TO BE TERRIBLY MISSED BY THE UNIVERSITY. THANK YOU. OTHERS WHO MIGHT LIKE TO WEIGH IN? JACK, CAN I SAY SOMETHING? YES, PLEASE. DAN, YOU'VE BEEN SUCH A PLEASURE TO WORK WITH, YOU'RE ONE OF MY FAVORITE PEOPLE AT CU AND I'M GOING TO MISS YOU A TON. AND LIKE SUE SAID, YOU MAKE IT EASY TO UNDERSTAND A VERY COMPLEX SET OF NUMBERS AND [03:30:02] ISSUES AT CU SO HAPPY TRAILS AND HOPE YOU WON'T BE A STRANGER AND VERY, VERY PROUD TO HAVE WORKED WITH YOU. WELL, THANK YOU. I'LL JUST ADD IN MY COMMENTS HERE AND DAN I CONSIDER YOU A FRIEND. I CAME ON TO THE BOARD AND IMMEDIATELY DIVED INTO BUDGET FINANCE INVESTMENTS. AND NO QUESTION WAS EVER TOO SILLY FOR YOU. NO PROBLEM. EVER TOO LITTLE FOR YOU TO TAKE A LOOK AT. I WILL DEARLY, DEARLY MISS ALL OF THE WISDOM THAT YOU HELPED IMPART TO ME. YOU WERE LIKE MY TUTOR, BASICALLY GOING THROUGH MY FINANCE GRADUATE DEGREE. ANY ISSUE THAT I COULDN'T QUITE UNDERSTAND, I ALWAYS KNEW I COULD GIVE YOU A CALL. AND WE'RE GOING TO BE TRULY SAD TO HAVE YOU GO AT THE UNIVERSITY. YOU'VE CONTRIBUTED SO MUCH, IN PARTICULAR THE HOUSING DOWN PAYMENT ASSISTANCE PROGRAM WITH LANDED. THAT WAS INNOVATIVE. THAT WAS A NOVEL SOLUTION TO A PROBLEM. AND YOU REALLY, TRULY HAVE CHANGED SO MANY PEOPLE'S LIVES AS A RESULT OF THAT. AND OFTENTIMES, YOU KNOW, INVESTMENTS AND THE WORK OF THE TREASURY, YOU KNOW, IT'S NOT SEEN AS DIRECTLY CONTRIBUTING AS MUCH AS IT SHOULD BE TO IMPROVING OUTCOMES FOR OUR STAFF, STUDENTS AND FACULTY. AND THE AMOUNT OF MONEY THAT YOU AND YOUR TEAM HAVE SAVED THE UNIVERSITY LITERALLY TENS OF MILLIONS OF DOLLARS OVER THE COURSE OF YOUR FIVE YEARS AT THE UNIVERSITY AND THE AMOUNT THAT YOU'VE INCREASED OUR INVESTMENT POOL LITERALLY ALMOST A FEW HUNDRED MILLION DOLLARS. I MEAN, IT'S JUST INCREDIBLE. AND YOU'VE MADE AN IMPACT. AND WE WERE SO VERY LUCKY TO HAVE YOU SPEND THE LAST FIVE YEARS OF YOUR CAREER WITH US. SO THANK YOU VERY MUCH. HEY DAN YOU TOOK OVER A PRETTY GOOD SPOT, HAD A GOOD TREASURER BEFORE, SO YOU TOOK OVER A REALLY GOOD POSITION, BUT YOU LEFT IT BETTER THAN IT WAS. AND THAT'S A TRIBUTE TO YOUR CREATIVITY AND HOW WELL YOU WORK WITH PEOPLE. SO, YOU KNOW, EVEN THOUGH IT WAS IN GOOD SHAPE WHEN YOU TOOK IT, YOU LEFT IT A LOT BETTER. SO THANKS FOR YOUR SERVICE TO THE UNIVERSITY. SO I JUST WANTED TO THANK YOU, DAN, FOR BEING A GREAT PARTNER, AND I WILL MISS YOU. AND WELCOME, WELCOME TO TONY. BUT WE WILL MISS YOU, DAN. AND LIKE SUE SAID, YOUR KINDNESS AND PATIENCE ARE THINGS THAT WE ALL APPRECIATE. AND YOU EVEN GAVE ME SOME MOOSE CHILI, WHICH, YOU KNOW, WHICH WAS PRETTY AWESOME. SO WE REALLY WE APPRECIATE ALL THAT YOU DO AND ALL THAT YOU DID AND THE WAY THAT YOU WERE ABLE TO BRING YOUR TEAM TOGETHER AND REALLY COME UP WITH CREATIVE SOLUTIONS DURING SOME REALLY ODD TIMES AND HAVE SAVED US SO MUCH MONEY. THAT IS THAT WHICH IS WONDERFUL THAT WE ALSO JUST BE ABLE TO HAVE CONFIDENCE IN THE PERSON WHO'S THE STEWARD OF OUR TREASURY POOL IS QUITE A GIFT. AND SO WE THANK YOU FOR THAT. SO, WE'LL MISS YOU AND WE LOOK FORWARD TO SEEING YOU AT SOME FOOTBALL GAMES. GREAT. DAN IT'S KATHY, I WANT TO SAY HOW MUCH I ENJOYED WORKING WITH YOU, TOO. I MEAN, WE SAT ON A VARIETY OF DIFFERENT COMMITTEES TOGETHER. WE WORKED THROUGH SOME REALLY TOUGH ISSUES. YOU ARE TRULY A CLASS ACT. YOU ARE KIND AND GENTLE SOUL, PATIENT, UNDERSTANDING. I CAN'T SAY ENOUGH WONDERFUL THINGS ABOUT YOU. I WISH YOU WELL IN YOUR RETIREMENT AND HUG ALL THOSE BABIES AND GRANDBABIES. I WILL. QUICK FROM A LIKE I SAID, FROM A TREASURER TO ANOTHER TREASURE? YOU KNOW, AS YOU WERE READING THAT RESOLUTION, I WAS JUST THINKING, YOU KNOW, HE ACCOMPLISHED DAN ACCOMPLISHED THAT IN FIVE, FIVE AND A HALF YEARS. AND THAT'S IN MANY, MANY CIRCLES. THAT'S AN ENTIRE CAREER FOR A TREASURER. SO IT IS IT IS A LOT TO LIVE UP TO. YOU KNOW, AS I TAKE OVER IN THE NEXT COUPLE OF WEEKS. AND I WANT TO ADD MY WELL WISHES, YOU KNOW, AND GOOD LUCK TO YOU, TOO. THANK YOU SO MUCH, DAN, FOR EVERYTHING. NOT TO RUSH THINGS, BUT WILL YOU TAKE THAT VOTE, WE HAVE ABOUT AN HOUR LEFT AND LOTS TO DO IN IT. SURE. SO WHY DON'T WE WHY DON'T WE TAKE THE VOTE? AND THEN IF CHAIR GALLEGOS IF YOU WOULD PERMIT MAYBE OUTGOING TREASURER WILSON A COUPLE OF MOMENTS AFTER THE VOTE TO SHARE ANY FINAL WORDS, YOU MIGHT HAVE. YOU BET. OK, SO IT'S BEEN MOVED AND SECONDED. WE'VE HELD DISCUSSION. ALL THOSE IN FAVOR PLEASE INDICATE BY SAYING AYE. AYE. [03:35:02] ANY OPPOSED. VERY GOOD, A NINE ZERO VOTE FOR YOU, TREASURER WILSON, AND WITH THAT, I'LL HAND THE FLOOR OVER TO YOU AND THEN ONCE YOU'RE FINISHED, WE'LL HAND IT BACK TO YOU. CHAIR GALLEGOS. WELL, THANK YOU VERY MUCH FOR THE RESOLUTION AND A VOTE OF CONFIDENCE. I'VE NEVER BEEN EMERITUS ANYTHING, SO THAT'S AWESOME. IT'S BEEN A PRIVILEGE, AN HONOR FOR ME TO WORK FOR THE UNIVERSITY FOR THE PAST FIVE AND A HALF YEARS. I'M GRATEFUL TO EACH OF THE REGENTS PAST AND PRESENT THAT HAVE GIVEN ME THE OPPORTUNITY TO WORK WITH YOU AND AND FOR THE UNIVERSITY. THANK YOU FOR YOUR SUPPORT. THANK YOU FOR HIRING ME IN 2015. YOU TOOK A CHANCE ON ME COMING FROM A SMALLER INSTITUTION, BUT I THINK I DID HAVE THE EXPERIENCE THAT WAS NEEDED. I'M GRATEFUL FOR THE OPPORTUNITY THAT WAS GIVEN TO ME. YOU'VE BEEN PATIENT AND KIND AS I'VE TRIED TO EXPLAIN SOME COMPLEX DEBT TRANSACTIONS TO THE REGENTS AND THAT'S BEEN VERY HELPFUL. I'D ALSO LIKE TO ACKNOWLEDGE THE SUPPORT FROM THE CHANCELLORS AND VICE CHANCELLORS THAT I'VE WORKED WITH, AND PARTICULARLY WITH TODD SALIMAN, WHO'S MENTORED ME AND AND BEEN A TREMENDOUS SUPPORT AND ENCOURAGED ME. I'VE LOVED WORKING WITH ALL OF THE LEADERSHIP TEAM AT CU WITH THE TWO PAST PRESIDENTS, AND I'VE FOUND THEM ALL TO BE JUST TOP NOTCH HUMANS AS WELL AS PROFESSIONALS. MY EFFORTS HAVE BEEN MADE POSSIBLE REALLY BY A STRONG TEAM THAT SUPPORTS ME. AND I'D LIKE TO BRIEFLY MENTION FOR PUBLIC RECORD THE TEAM OF PROFESSIONALS AND INCLUDES CHUCK COOK, MICHELLE TRAVIS, LEXIE KELLY, GARY BOMBA, GRACE SHATTUCK, DEBORAH [INAUDIBLE] AND [INAUDIBLE] LEARY. AND MY VISION FOR TREASURY WAS TO HELP OPTIMIZE OUR DEBT AND LOWER THE COST OF IT TO OPTIMIZE OUR CASH AND INVESTMENTS. BALANCING RISK AND RETURN TO MITIGATE THE FINANCIAL RISKS THAT WE WERE HAVING IN OUR BANKING AND CREDIT CARD SYSTEMS TO IMPROVE OUR OWN PROCESSES AND DOCUMENTATION AND TO ENHANCE OUR COLLABORATION WITH THE CAMPUSES, TO SERVE THEM AND TO SERVE THE REGENTS AND TO DEVELOP OUR TEAM. I THINK WE'VE BEEN ABLE TO MAKE PROGRESS ON ALL OF THOSE GOALS AND FELT LIKE THIS HAS BEEN THE PINNACLE OF A FORTY ONE YEAR CAREER AS A FINANCIAL PROFESSIONAL, AS A CPA AND AS A CERTIFIED TREASURY PROFESSIONAL. AND AS I MOVE INTO THE NEW WORLD OF RETIREMENT AND THIS NEW CAREER, MY TITLES WILL BE CHANGING, I'M GOING TO BE KNOWN AS ÓPA OR [INAUDIBLE] OR GRANDDAD, GRANDFATHER. THOSE ARE ALL TITLES IN DIFFERENT LANGUAGES THAT MY CHILDREN SPEAK. MY NEW CAREER, I HOPE, WILL BE A LOT OF SKII INSTRUCTING FOR TWENTY ONE GRANDKIDS IN THE WINTER AND BEING A FISHING AND HIKING AND BACKPACKING GUIDE IN THE SUMMER. AND SO IT'S BEEN AN HONOR TO WORK WITH YOU, I THINK, TONY VU WHO'S COMING IN TO REPLACE ME IS GOING TO DO A GREAT JOB FOR THE UNIVERSITY. I'M CONFIDENT IN THAT. AND AGAIN, THANKS FOR LETTING ME WORK HERE. THANK YOU, DAN, APPRECIATE IT. [APPLAUSE] MY WIFE, WHO DOESN'T WANT TO BE ON VIDEO, IS ALSO HERE SUPPORTING ME TODAY, I'LL JUST TURN OFF MY BACKGROUND AND YOU CAN SEE HER FOR A SECOND. SHE CAN WAVE TO YOU. THANK YOU FOR SHARING HIM. NO PROBLEM. THANKS FOR A GREAT END OF A CAREER FOR HIM. ALL RIGHT. DAN WE HOPE WE'LL SEE YOU SOON. HOPEFULLY AT A FOOTBALL GAME OR SOME BASKETBALL GAME. WELL, MAYBE IN WESTERN COLORADO ON A MOUNTAINTOP OR ON A RIVER. YEAH, EXACTLY. YEAH, SO THANK YOU VERY MUCH, JACK, THANKS FOR THE WORK THAT YOU DID WITH FINANCE AND TODD. I JUST WANT TO GO BACK AND COMMEND YOU, EVEN THOUGH THERE'S QUESTIONS AND THOSE KINDS OF THINGS. YOU DO A GREAT JOB OF PLANNING AND WORKING WITH REGENTS AS WELL. AND AT A TOUGH TIME WHEN WE'RE DEALING WITH ENROLLMENT'S AND TUITIONS AND THAT SORT OF STUFF. SO GOOD JOB. AND, YOU KNOW, I WOULD ALSO SAY THAT THE FINANCE COMMITTEE IS A GREAT EXAMPLE OF HOW OUR REGENT COMMITTEES SHOULD WORK. AND AGAIN, A TRIBUTE TO JACK AND HEIDI, WHO'S VICE CHAIR I THINK, AND CHANCE WHO'S [03:40:05] BEEN A MEMBER FOR A COUPLE OF YEARS. AND WHO ELSE IS ON NORBERT IS A FOURTH MEMBER OF THAT. SO REALLY A GOOD EXAMPLE OF WHAT WE CAN ACCOMPLISH WHEN THOSE COMMITTEES REALLY GET TOGETHER AND WORK ON STUFF. SO WITH THAT, WE'RE LEAVING TREASURER AND WITH A GUY WHO'S RUN IT, WHO DID OUTSTANDING. WE'RE MOVING TO AUDIT COMMITTEE AND WITH REGENT GANAHL SHE'S GOING TO TAKE ON THE DISCUSSION AND ACTION ITEMS. [G. 3:25 p.m. AUDIT COMMITTEE DISCUSSION AND ACTION ITEMS] AND HOPEFULLY [INAUDIBLE] KEVIN, AS WELL AS WE MOVE THROUGH THIS. HEIDI. YES, GUYS AND IN TRUE COVID MOM WORKING STYLE, MY SITTER CANCELED, SO I HAD TO PICK UP MY KIDS. SO THE WHOLE GANAHL CREW IS GOING TO PRESENT THE AUDIT REPORT [LAUGHTER], INCLUDING THE DOG WHO'S WITH US IN THE VAN. I'LL READ THIS REAL QUICK. AND THEN, GLEN, IF I THINK IT'S JUST THE REPORT AND THEN THE RESOLUTION, BUT TELL ME IF I MISS ANYTHING. NO I THINK THAT'S IT. OK. THE AUDIT COMMITTEE LAST MET ON DECEMBER 2ND, 2020. AT THAT MEETING, THE COMMITTEE HEARD FROM OUR EXTERNAL AUDITORS AND THE RESULTS OF THEIR FISCAL YEAR 2020 FINANCIAL AND COMPLIANCE AUDIT. THERE WERE THREE FINDINGS THAT WERE NOT YET MADE PUBLIC. SINCE THEN, THE FINDINGS HAVE BEEN RELEASED AND PROVIDED TO THE COMMITTEE. THE COMMITTEE WAS ALSO INFORMED THAT THE SINGLE AUDIT COMPONENT OF THE ANNUAL AUDIT HAD NOT YET BEEN COMPLETED. THAT EFFORT HAS SINCE BEEN COMPLETED AND RESULTED IN ONE FINDING THAT HAS ALSO BEEN COMMUNICATED TO THE COMMITTEE. ADDITIONALLY, IN DECEMBER, THE COMMITTEE WAS BRIEFED BY INTERNAL AUDIT ON SEVERAL MATTERS, INCLUDING THE STATUS OF OUTSTANDING AUDIT REPORTS, THE PROPOSED AUDIT SCHEDULE FOR FISCAL YEAR 2021 AND THE LAST QUARTER'S ACTIVITY ON THE UNIVERSITY'S ETHICS LINE REPORTING SYSTEM. INTERNAL AUDIT ALSO REVIEWED THE METHODS USED TO RECEIVE PROCESS AND INVESTIGATE ALLEGATIONS OF PHYSICAL MISCONDUCT. THE COMMITTEE MEETS NEXT ON MARCH 10TH TWENTY TWENTY ONE. AT THAT TIME, THE COMMITTEE WILL REVIEW ALL THE FINDINGS THAT CAME OUT OF THE ANNUAL AUDIT. THE COMMITTEE IS ALSO SCHEDULED TO COMPLETE ITS ANNUAL REVIEW, THE COMMITTEE'S CHARTER AND WORK PLAN, AS WELL AS THE INTERNAL AUDIT DEPARTMENT CHARTER. THE COMMITTEE WOULD ALSO LIKE TO TAKE THIS OPPORTUNITY TO WELCOME AGNESSA VARTANOVA OUR NEW ASSOCIATE VICE PRESIDENT FOR INTERNAL AUDIT. AGNESSA STARTED WORK HERE ON FEBRUARY 1ST AND WILL BE FACILITATING THE MARCH COMMITTEE MEETING. AS ALWAYS, WE WELCOME ANY FEEDBACK OR QUESTIONS REGARDING THE WORK OF THE AUDIT COMMITTEE OR THE DEPARTMENT OF INTERNAL AUDIT. RIGHT NOW, I'D LIKE TO DO A RESOLUTION OF APPRECIATION TO KEVIN SISEMORE, ANOTHER GREAT EMPLOYEE THAT'S HEADED OFF TO HAPPY TRAILS. WHEREAS ASSOCIATE VICE PRESIDENT KEVIN SISEMORE JOINED THE UNIVERSITY OF COLORADO DEPARTMENT OF INTERNAL AUDIT 18 YEARS AGO, WHEREAS DURING HIS FIRST 10 YEARS WITH THE DEPARTMENT, ASSOCIATE VICE PRESIDENT SISEMORE PROVIDED INVESTIGATIVE SERVICES TO THE UNIVERSITY AND LED THE EFFORTS IN RESOLVING OVER ONE HUNDRED ALLEGATIONS OF FISCAL MISCONDUCT, SOME OF WHICH RECEIVED NATIONAL ATTENTION. WHEREAS THE BOARD OF REGENTS APPOINTED ASSOCIATE VICE PRESIDENT SISEMORE TO BE DIRECTOR OF INTERNAL AUDIT IN 2013. AND THE POSITION WAS A CHANGE TO ASSOCIATE VICE PRESIDENT FOR INTERNAL AUDIT IN 2015. WHEREAS AS HEAD OF THE DEPARTMENT, ASSOCIATE VICE PRESIDENT SISEMORE OVERSAW THE EXPANSION OF THE DEPARTMENT OF INTERNAL AUDIT AND ITS ROLE IN THE UNIVERSITY DURING A PERIOD OF INCREASING REGULATORY AND COMPLIANCE CHALLENGES. WHEREAS THE EXPANSION OF THE DEPARTMENT OF INTERNAL AUDIT INCLUDED ADDING RESOURCES IN THE AREAS OF COMPLIANCE, TECHNOLOGY, INFORMATION SECURITY AND INTERNAL INVESTIGATIONS. AND ASSOCIATE VICE PRESIDENT SISEMORE ALSO EXPANDED THE DEPARTMENT'S EDUCATION AND OUTREACH EFFORTS. WHEREAS AT THE UNIVERSITY OF COLORADO, DENVER BUSINESS SCHOOL AND SCHOOL OF PUBLIC AFFAIRS, ASSOCIATE VICE PRESIDENT SISEMORE TAUGHT SEVERAL COURSES IN FRAUD AWARENESS AND FRAUD EXAMINATION. AND HE HAS ALSO GIVEN DOZENS OF TALKS TO THE UNIVERSITY COMMUNITY ON TOPICS RELATED TO ETHICS IN IDENTIFYING FRAUDULENT TRANSACTIONS. WHEREAS ASSOCIATE VICE PRESIDENT SISEMORE ACTED AS AN ADVOCATE AND SUPPORTER OF DEVELOPING AND ADVANCING THE UNIVERSITY'S CODE OF CONDUCT, WHEREAS ASSOCIATE VICE PRESIDENT SISEMORE WORKED TO ENSURE THAT THE DEPARTMENT OF INTERNAL AUDIT IS A CONSISTENT AND RELIABLE SOURCE OF INFORMATION FOR THE CU BOARD OF REGENTS AND THE ADMINISTRATION. WHEREAS IN ADDITION TO HIS DUTIES AS AN AUDITOR, ASSOCIATE VICE PRESIDENT, SISEMORE WAS ALSO A SUPPORTIVE COLLEAGUE AND FRIEND TO MANY OF THE UNIVERSITY. WHEREAS ASSOCIATE VICE PRESIDENT SISEMORE HAS SERVED THE UNIVERSITY OF COLORADO HONORABLY. NOW, THEREFORE, BE IT RESOLVED THAT THE BOARD OF REGENTS EXPRESSES ITS DEEPEST APPRECIATION AND BESTOW THE TITLE OF ASSOCIATE VICE PRESIDENT FOR INTERNAL AUDIT EMERITUS ON KEVIN SISEMORE FOR HIS 18 YEARS OF EXCELLENT SERVICE AND DEDICATION TO THE UNIVERSITY OF COLORADO ON BEHALF OF THE PEOPLE OF COLORADO HEREBY ADOPTED BY THE UNIVERSITY OF COLORADO BOARD OF REGENTS ON FEBRUARY 11, 2021 BY CHAIR GALLEGOS OF THE BOARD OF REGENTS. AND SO DO I ASK FOR A MOTION TO APPROVE OF YOU. YES GO AHEAD AND DO THE VOTE A MOTION A SECOND AND THEN THE VOTE HEIDI. [03:45:02] OK, I MOVE THAT WE APPROVE THE RESOLUTION. SECOND. SO A MOTION BY REGENT SMITH AND A SECOND BY REGENT CHAVEZ. IS THERE LET'S SEE WHO VOTES TO APPROVE THE MOTION OR THE RESOLUTION. ALL SAY AYE. AYE. ANY NAYES. MOTION IS APPROVED, 9 0. KEVIN, IF YOU'RE ON, WOULD YOU LIKE TO SAY A FEW COMMENTS? YEAH, I DID WANT TO I DON'T TALK MUCH AT THESE MEETINGS, SO I WAS GOING TO TAKE THIS CHANCE TO THANK SOME FOLKS, PARTICULARLY, YOU KNOW, GLEN, SUE, YOU HAVE BEEN THERE SINCE THEY APPOINTED ME TO THIS POSITION. AND YOU'VE BEEN WONDERFUL SUPPORTS TO ME. I COULDN'T SAY ENOUGH ABOUT IT. HEIDI, LESLEY ON THE COMMITTEE YOU'VE BOTH BEEN GREAT AND WONDERFUL RESOURCES. AND AS I LOOK OVER THE ZOOM SCREEN, I SEE SOME OTHER FOLKS, LEONARD, MIKE, JEREMY, BEEN KEEPING ME HONEST FOR 17 YEARS NOW. [LAUGHTER] PAT, I SEE YOU THERE. THANK YOU SO MUCH FOR ALL OF YOUR SUPPORT THROUGH A LOT OF CHALLENGING TIMES. BY THE CFO, CHUCK, JENNIFER, [INAUDIBLE], YOU'VE ALL BEEN GREAT TO WORK WITH. AND RUSS, I SEE YOU THERE AND WE'VE KNOWN EACH OTHER FOREVER. AND YOU'VE ALWAYS BEEN A GREAT RESOURCE. AND PRESIDENT KENNEDY, THANK YOU SO MUCH FOR YOUR COMMENTS EARLIER. SO I THANK YOU ALL. IT'S BEEN A VERY EXCITING BUT FULFILLING 18 YEARS HERE. REGENT GANAHL, IF I COULD TAKE A MOMENT. KEVIN, I'M GOING TO MISS YOU TERRIBLY. I APPRECIATED YOU SO MUCH. AND AGAIN, I THINK GLEN AND I, WE'RE WE'RE THE TWO REGENTS ON THIS BOARD NOW THAT THAT WERE THERE TO APPOINT YOU TO THIS POSITION. AND WHAT A GREAT DECISION. IF I DO SAY SO MYSELF, WE HAVE REALLY APPRECIATED YOUR AUDITORS AREN'T ALWAYS THE MOST POPULAR PEOPLE IN AN ORGANIZATION, BUT YOU'VE CERTAINLY BEEN POPULAR WITH US, YOUR TRUSTED WORK ETHICS IN HOW YOU'VE APPROACHED YOUR AUDITS WITH SUCH INTEGRITY. AND I'M GOING TO MISS HAVING LUNCH WITH YOU. YOU HAVE BEEN SO GREAT TO TAKE THE TIME TO REACH OUT TO ME AND MEET WITH ME ONE ON ONE TO DISCUSS ISSUES WITH ME THAT WERE IMPORTANT TO GIVE ME A BETTER UNDERSTANDING. SO I'VE APPRECIATED YOUR TIME IN DOING THAT. KEVIN, I WISH YOU ALL THE BEST IN WHATEVER YOU'RE GOING TO PURSUE. I SEE THAT MIKE LIGHTNER PUT SOMETHING IN THERE ABOUT CONCERTS THAT MAKES ME REALLY CURIOUS WHAT KIND OF CONCERTS. BUT WHATEVER YOU DO, YOU'LL DO WELL. AND I WISH YOU ALL THE BEST. THANK YOU SO MUCH SUE. HI KEVIN, CALLIE HERE, I KNOW THAT I HAVEN'T HAD AN OPPORTUNITY TO WORK WITH YOU MUCH, BUT I REALLY ENJOYED THE ORIENTATION AND I JUST WANTED TO SHARE WITH YOU. I ENJOYED IT SO MUCH THAT I REACHED OUT TO THE CRIMINAL JUSTICE AUDITOR PROFESSIONAL WHO CAME IN AND SPOKE TO MY INTRODUCTION TO CRIMINAL JUSTICE CLASS RECENTLY. AND WE'RE NOW LOOKING AT ADDING CLASSES IN OUR CURRICULUM BECAUSE THE STUDENTS ARE SO ENAMORED BY THE WORK THAT YOU DO AND OTHERS. AND I WAS UNAWARE AND I'M HAPPY THAT ONE OF YOUR WAVES IS GOING TO CONTINUE IN WAYS YOU COULDN'T HAVE PROBABLY IMAGINED. SO THANKS FOR EVERYTHING. THANK YOU. AND KEVIN, I'LL JUST QUICKLY SAY IT WAS SOMETHING THAT BASICALLY WRAPPED UP RIGHT BEFORE I CAME ON THE BOARD, BUT I SHARED IT OUT NONETHELESS WHEN I WOULD GO AROUND TOWN SPEAKING, WHEN I FIRST GOT ELECTED TO VARIOUS CONSTITUENTS GROUPS AND THE AUDIT THAT YOU LED, ALONG WITH THE REGENTS INTO PROGRAM AND COURSE FEES THAT HELPED END THE PRACTICE OF CHARGING THOSE PROGRAM AND COURSE FEES IS ONE OF THE MOST POPULAR THINGS THAT I HAVE EVER HEARD CONSTITUENTS REACT TO. SO THANK YOU FOR YOUR SERVICE IN THAT REGARD. THANK YOU. THAT WAS A GREAT PROJECT. YES. YOU KNOW, YOU AND REGENT LUDWIG WERE FAST FRIENDS [INAUDIBLE] HAVE WORKED ON SOME BIG THINGS TOGETHER [INAUDIBLE] REGENT CARRIGAN AS WELL, IN TERMS OF SOME OF THE RESEARCH KINDS OF THINGS AT BOULDER. WHEN I JOINED THE BOARD, I WAS ON AUDIT FOR TWO OR THREE YEARS. AND I THINK THAT THAT'S A GOOD PLACE FOR ALL REGENTS TO START. AND WHEN YOU WERE THERE, IT WAS EVEN BETTER BECAUSE I THINK THAT YOU REALLY TOOK A LOT OF INTEREST IN REGENTS AND REACHED OUT TO THEM AND SHOWED THEM EXACTLY WHAT IT [03:50:04] WAS THAT YOU DID. AND KEVIN, I CAN'T BELIEVE WHAT A GREAT JOB YOU DID. AND IF EVER YOU WERE IN A LITTLE TROUBLE, IT WAS BECAUSE YOU CARED TOO MUCH ABOUT THIS UNIVERSITY. AND THERE'S NOTHING WRONG WITH THAT. I'LL TELL YOU, YOU'RE GOING TO BE MISSED. AND I HOPE THAT WHEN REGENT RENNISON TALKS ABOUT GUEST SPEAKERS, I HOPE THAT SOME PEOPLE AT BOULDER OR COLORADO SPRINGS CAN ACCESS YOU FOR FOR SOME OF THE KNOWLEDGE THAT YOU HAVE. THAT MIGHT BE SOMETHING THAT YOU END UP WITH A NEW CAREER DOING, JUST BEING A TEACHER OR SOMETHING. SO CONGRATULATIONS, KEVIN. I DON'T KNOW WHAT YOU'RE GOING TO DO, BUT I'LL BET YOU'LL DO WELL. THANK YOU. AND YES ALWAYS HAPPY [INAUDIBLE] THESE KINDS OF TOPICS, SO. KEVIN I JUST WANT TO SAY THANK YOU, I'VE BEEN ON THE AUDIT COMMITTEE SINCE I FIRST STARTED AS REGENT AND NO LONGER AM ON THE COMMITTEE, BUT I'LL TRY TO ATTEND THE MEETINGS BECAUSE I SORT OF FEEL LIKE. YOU LEARN WHAT THE DIRT'S GOING ON AT THE UNIVERSITY, AND IT'S FASCINATING ALSO AS A FELLOW EDUCATOR, I KNOW IT'S OBVIOUS THAT YOU LOVE PASSING YOUR KNOWLEDGE OFF TO PEOPLE. AND I'M REALLY EXCITED TO HEAR THAT STUDENTS WANT MORE INFORMATION REGARDING AUDITS AND SO FORTH. IT'S AN IMPORTANT FUNCTION OF THE UNIVERSITY. SO THANK YOU SO MUCH. AND WHATEVER YOU END UP DOING, I HOPE YOU REALLY ENJOY YOURSELF. THANK YOU SO MUCH, LESLEY. ANYONE ELSE? GLEN, COULD I JUMP IN FOR A MOMENT? WELL, ABSOLUTELY. SO I ONLY RAISED MY HAND ONCE SO THAT I WOULDN'T BE JUMPING IN AND OUT. BUT FIRST, THANKS TO DAN FOR ALL THAT YOU DID. SOME OF THE WORK THAT YOU DID IN TREASURY WAS REALLY TRANSFORMATIVE AND WAS IMMENSELY INSTRUMENTAL IN BEING ABLE TO MOVE THE CAMPUSES FORWARD. AND SO THANK YOU FOR YOUR WORK. AND KEVIN, I ALSO WANTED TO THANK YOU FOR ALL THAT YOU DID IN UNIVERSITY COUNCIL AND WITH THE BOARD YOU WERE SOMEBODY WHO I COULD RELY UPON TO HELP ME WORK ON SOME OF THE TOUGHEST PROJECTS. AND YOU ALSO WERE SOMEBODY WHO WAS VERY STRAIGHTFORWARD WITH ME. LET ME KNOW WHERE I HAD OPPORTUNITIES TO BOTH IMPROVE AS A LAWYER AND AS A HUMAN BEING. AND I APPRECIATE THAT BECAUSE I NEED ALL THE HELP I CAN GET. AND I'M EXCITED FOR THIS NEXT CHAPTER, BUT ALSO SAD THAT YOU'RE GOING TO BE LEAVING. AND SO THANK YOU FOR ALL YOU HAVE DONE. THANK YOU PAT IT'S BEEN GREAT. ANYONE ELSE THAT WOULD LIKE THAT TO THAT? KEVIN, AGAIN, THANK YOU AND YOU KNOW, IT'S BITTERSWEET THAT YOU HAVE TWO GREAT PROFESSIONALS RETIRING IN THE SAME YEAR, THE SAME MEETING, AND THAT'S DAN WILSON AND YOU. SO THANKS FOR EVERYTHING THAT YOU DID. WITH THAT, WE'RE GOING TO MOVE ON TO UNIVERSITY AFFAIRS COMMITTEE DISCUSSION [H. 3:40 p.m. UNIVERSITY AFFAIRS COMMITTEE DISCUSSION AND ACTION ITEMS] AND ACTION ITEMS REGENT SHARKEY. THANK YOU, CHAIR GALLEGOS. THE UNIVERSITY AFFAIRS COMMITTEE, THE MEMBERS OF THE COMMITTEE IS THE VICE CHAIR, JACK KROLL, REGENT HILL AND REGENT RENNISON AND REGENT RENNISON JUST JOINED OUR UNIVERSITY AFFAIRS COMMITTEE FOR THE FIRST TIME. AND SO WELCOME REGENT RENNISON TO UNIVERSITY AFFAIRS. IT'S A PLEASURE TO HAVE YOU JOIN OUR COMMITTEE. WE DID MEET ON JANUARY 11TH AND ALL OF OUR COMMITTEE MEMBERS ATTENDED, INCLUDING REGENT CHAVEZ, SMITH, AND REGENT SPIEGEL. THANK YOU FOR TAKING AN INTEREST IN JOINING OUR COMMITTEE MEETING AS WELL. I MIGHT DISAGREE A LITTLE BIT WITH REGENT KROLL, NOT THAT I EVER WOULD DO THAT, BUT I THINK UNIVERSITY AFFAIRS IS PROBABLY THE MOST IMPORTANT COMMITTEE THAT WE HAVE BECAUSE WITHOUT UNIVERSITY AFFAIRS AND WHAT GOES ON THERE, I DON'T THINK WE'D HAVE A UNIVERSITY. AND MOVING ON FROM THAT LITTLE PR SPIEL. SO WHAT WE MET AND HAD ON OUR AGENDA WAS A PROPOSAL FOR A B.A. IN EARLY CHILDHOOD EDUCATION FROM UCCS, WHICH WAS PRESENTED BY TOM CHRISTIANSEN, THE PROVOST, AND HIS TEAM. THE COMMITTEE VOTED UNANIMOUSLY TO RECOMMEND THE BA IN EARLY CHILDHOOD EDUCATION, WHICH WAS PLACED ON THE CONSENT AGENDA TODAY AND WAS VOTED ON AND [03:55:03] APPROVED. AND THE COMMITTEE ALSO WAS VISITED BY A TEAM FROM THE COLORADO COMMUNITY COLLEGE SYSTEM, INCLUDING LANDON. I MAY NOT SAY THIS RIGHT PIRIUS, WHO IS THE VICE CHANCELLOR FOR ACADEMIC AND STUDENT AFFAIRS THROUGH THE CCCS. AND THEN HIS TEAM AS WELL AN THE CCCS TEAM, THEY GAVE US AN OVERVIEW OF THE COMMUNITY COLLEGE SYSTEM, INCLUDING THE HISTORY FUNDING, ENROLLMENT GOALS AND PRIORITIES. THAT PRESENTATION IS IN BOARD DOCS, IF YOU'RE INTERESTED. AND THEN FOLLOWING THAT PRESENTATION BY CCCS, WE HAD AN OPEN DISCUSSION ON PARTNERSHIPS AND TRANSFERS BETWEEN THE CCCS COLLEGES AND CU, WHICH WAS MODERATED BY VICE PRESIDENT LIGHTNER AND INCLUDED LANDON PIRIUS AND THEN THERE TEAM. SO THE COMMITTEE ADJOURNED. THAT WAS OUR FULL AGENDA. IT WAS NOT QUITE AS LONG AS SOME OF OUR OTHER MEETINGS LOOKING FORWARD TO OUR MEETING IN MARCH, WHICH ON OUR AGENDA FOR MARCH WILL BE, INVITING SOME INDIGENOUS LEADERS AND VICE PRESIDENT LIGHTNER IS WORKING ON THAT TO MAKE PRESENTATION AND ALSO TO HAVE A PRESENTATION ON ADA ISSUES FOR OUR CAMPUS. AND SO IF YOU'RE INTERESTED IN JOINING THAT MEETING IN MARCH, I LOOK FORWARD TO HAVING EVERYONE ATTEND AND ALSO THE REST OF THIS MEETING THAT WE HAD ON JANUARY 11TH, YOU'LL FIND ALL OF THE DOCUMENTS ON BOARD DOCS, AND THAT'S ALL I HAVE CHAIR GALLEGOS. THANK YOU UNLESS THERE'S SOME QUESTIONS. THANK YOU VERY MUCH AS WELL FOR YOUR REPORT. GOVERNANCE COMMITTEE DISCUSSION AND ACTION ITEMS. [I. 3:50 p.m. GOVERNANCE COMMITTEE DISCUSSION AND ACTION ITEMS] VICE PRESIDENT CHAIR VICE PRESIDENT JEREMY HUETH. YES GREAT, THANK YOU, CHAIR GALLEGOS. THE GOVERNANCE COMMITTEE MET ON WEDNESDAY, JANUARY 20TH, AND THE COMMITTEE CONSISTS OF MYSELF AS THE CHAIR AND REGENT HEIDI GANAHL AS VICE CHAIR. AND WE HAVE TWO NEW MEMBERS JOINING US, CHAIR GLEN GALLEGOS AND REGENT ILANA SPIEGEL. REGENT CALLIE RENNISON ALSO JOINED US. WE DISCUSSED THE WINTER RETREAT, WHICH WE HAD ON JANUARY 7TH. THE FIRST PORTION OF THE RETREAT FOCUSED ON PROVIDING INFORMATION ON KEY ISSUES FOR REGENTS AND THOSE IN ATTENDANCE. AND WE TOOK AN OPPORTUNITY TO WELCOME THE THREE NEW REGENTS TO THE BOARD. LATER THAT AFTERNOON, WE CELEBRATED OUR FIRST EVER VIRTUAL SWEARING IN FOR REGENTS CHAVEZ RENNISON AND SPIEGEL AND OUR THREE OUTGOING REGENTS SHOEMAKER CARSON AND GRIEGO ALSO JOINED US. AND HOPEFULLY WE'LL ALL BE TOGETHER SOMETIME, MAYBE THIS SUMMER. WE ALSO DISCUSSED THE UPCOMING SUMMER RETREAT. THE STRATEGIC PLAN WILL BE THE MAIN FOCUS AT THE ANNUAL RETREAT IN JULY. THE COMMITTEE AND THE BOARD WILL BE KEPT APPRIZED OF ANY UPDATES TO THE PLANS FOR THE SUMMER RETREAT. AT THIS POINT, WE'RE HOPING THAT WE WILL BE ABLE TO MEET IN PERSON, WHICH WOULD BE REALLY GREAT. WE DISCUSSED A FEW POLICIES, THE COMMITTEE AND LAWS, THE COMMITTEE RECEIVED AN OVERVIEW, AN UPDATE ABOUT THE REGENT LAWS AND POLICIES REVIEW PROJECT, WHICH IS COMING ALONG VERY WELL. VICE PRESIDENT AND UNIVERSITY COUNSEL HUETH EXPLAINED PROPOSED CHANGES TO REGENT POLICY 11.E, WHICH UPDATES EMPLOYEE LEAVE POLICIES TO ALIGN WITH THE COLORADO HEALTHY FAMILY WORKPLACES ACT. WE'RE GOING TO GET AN UPDATE AS THE NEXT ITEM ON THIS, BUT WE ARE COMPLYING WITH THE LAW RIGHT NOW IN ADVANCE OF CHANGING THE POLICY. STAFF WILL PROVIDE ADDITIONAL DETAILS ON POTENTIAL COSTS AND BUDGET IMPLICATIONS ASSOCIATED WITH THE LEAVE POLICY CHANGES. WE'RE PLANNING ON VOTING ON THE PROPOSED CHANGES AT THE APRIL BOARD MEETING. WE THEN DISCUSSED THE COLORADO EQUAL PAY FOR EQUAL WORK ACT, PASSED IN 2019 RESULTS IN THE NEED FOR SOME CHANGES TO REGENTS, LAWS AND POLICIES. VICE PRESIDENT HUETH REVIEWED THE ANTICIPATED IMPACTS OF IMPLEMENTING THESE CHANGES, INCLUDING RECORD KEEPING, TRANSPARENCY AND RIGHTS OF ACTION. [04:00:05] CHIEF HUMAN RESOURCES OFFICE FELICITY O'HERRON AND CHIEF DIVERSITY OFFICER THEODOSIA COOK HAVE BEEN WORKING ON THE CORRESPONDING LAW AND POLICY CHANGES NEEDED TO COMPLY WITH THE ACT. THERE HAS BEEN AN EXTENSIVE AND ONGOING COLLABORATIVE EFFORT WITH ALL OF THE CAMPUSES TO PREPARE FOR THESE CHANGES. FINALLY, WE DISCUSSED THE NEW REGENT ORIENTATION. THERE'S BEEN SEVERAL ORIENTATION SPECIAL SESSIONS IN NOVEMBER AND DECEMBER AND THANK YOU REGENTS FOR ATTENDING THOSE. I KNOW IT TAKES QUITE A BIT OF TIME. VIRTUAL CAMPUS VISITS ARE SCHEDULED SOON. AND IN ADDITION, FIVE OR SIX OTHER ORIENTATION SESSIONS WITH THE ADMINISTRATION ON TOPICS WILL TAKE PLACE IN THE COMING WEEKS. SO A BUSY, BUSY TIME FOR OUR THREE NEW REGENTS. AND OUR NEXT GOVERNANCE COMMITTEE MEETING IS MARCH 17TH. AND I'M ASSUMING THERE'S NO QUESTIONS. SO I WILL HAND IT OVER TO OUR BOARD SECRETARY HUETH TO DISCUSS THE BOARD POLICY 11 E. THANK YOU REGENT SMITH I DON'T NEED TO SAY MUCH HERE. THERE IS JUST A NOTICE OF MOTION ON THE AGENDA. AND SO THE BOARD WILL BE ASKED TO ACTUALLY APPROVE CHANGES TO REGENT POLICY 11 EAT THE APRIL REGULAR BOARD MEETING. ALL I REALLY NEED TO SAY IS THAT THE CHANGES WILL IMPLEMENT COMPLIANCE WITH, AS REGENT SMITH SAID, THE HEALTHY WORKPLACE AND SAFETY ACT AND ESSENTIALLY ALIGN OUR POLICIES ON WHO'S ELIGIBLE FOR LEAVE AND HOW LEAVE NEEDS TO BE PRESENTED TO EMPLOYEES TO BE CONSISTENT WITH THE ACT. I WILL NOTE THAT REGENT GALLEGOS HAS ASKED THE ADMINISTRATION TO BE SURE TO COME FORWARD TO THE BOARD WITH ANY KIND OF ASSESSMENT OF THE FISCAL IMPACT OF THOSE CHANGES, WHICH WE'LL BE PREPARED TO DO AT THE APRIL BOARD MEETING. THANK YOU, JEREMY, AND ALSO LESLEY REGENT SMITH FOR THE WORK THAT YOU'RE DOING WITH GOVERNANCE AND YOU KNOW, I DON'T KNOW THAT I COULD PUT ANY OF THESE ONE, TWO, THREE OR FOUR GOVERNANCE, UNIVERSITY AFFAIRS, AUDIT AND FINANCE. THEY'RE ALL SO DIFFERENT AND ALSO CRITICAL TO THE UNIVERSITY. AND, YOU KNOW, IF REGENTS WANT TO GET STUFF DONE, YOU'RE GOING TO BE BETTER OFF BY DOING IT THROUGH COMMITTEE. SO I APPRECIATE THE LEADERSHIP FOR ALL OF THOSE COMMITTEES AND THE FACT THAT WE HAVE REGENTS THAT ARE ATTENDING EVERY ONE OF THOSE MEETINGS. I MEAN, THOSE ARE BIG COMMITMENTS. SOME OF YOU LIKE HEIDI ARE ON THREE COMMITTEES. THE REST OF YOU ARE AT LEAST ON TWO. SO THERE'S A BIG COMMITMENT WITH EVERYTHING THAT WE DO THERE. SO OUR COMMITTEES ARE GETTING STRONGER EVERY YEAR. SO I REALLY APPRECIATE THAT. WE'RE GOING TO MOVE TO J, WHICH IS BOARD OF REGENTS DISCUSSION AND ACTION ITEM. [J. 4:15 p.m. BOARD OF REGENTS DISCUSSION AND ACTION ITEMS] THE NEXT ITEM ON THE AGENDA IS THE STATE AND FEDERAL LEGISLATIVE UPDATE FROM THE STATE AND FEDERAL LEGISLATIVE TEAM. [INAUDIBLE] I'D LIKE TO ASK YOU TO HIT THE HIGH POINTS OF THAT, BUT I DON'T THINK THAT WE CAN PUT THAT ASIDE FOR A DIFFERENT MEETING BECAUSE WE'RE THERE AND WE SHOULD KNOW WHAT WHAT'S BEING WORKED ON AT THE STATE LEVEL WITH THE LEGISLATORS. SO APPRECIATE THAT, TODD. THANK YOU VERY MUCH. WE WILL GO THROUGH THIS QUICKLY. MORE SLIDES? [INAUDIBLE] IN CHARGE OF SOMETHING AND NOT EXPECT TO SEE A DECK. OK, SO JUST VERY QUICKLY, ON THE STATE SIDE, WE TALKED ABOUT THE BUDGET ALREADY. BUT TO GIVE YOU AN IDEA OF WHAT THAT LOOKS LIKE ON A STATEWIDE BASIS, THE CEO CONSENSUS BUDGET REQUEST THAT WE'VE SENT TO THE JBC AND IT WILL BE AT EIGHTY ONE POINT EIGHT DOLLARS MILLION INCREASE STATEWIDE. AND WE WOULD USE THE NEW HIGHER EDUCATION FUNDING FORMULA APPROVED IN STATE LAW LAST YEAR TO IMPLEMENT THAT. SOME REALLY GOOD NEWS TODAY THAT MARK MENTIONED EARLIER. TODAY, THE CDC VOTED ON CAPITAL CONSTRUCTION PRIORITIES FOR THE NEXT FISCAL YEAR TWENTY TWO, AND THEY INCLUDED CU BOULDER [INAUDIBLE] IN THEIR TIER ONE PRIORITIES. SO IT'S A HUGE, HUGE WIN. THERE'S STILL A LONG WAY TO GO. [04:05:02] BUT MANY THANKS TO CHAD AND TANYA, WHO I KNOW WE MISS SEEING ON THESE CALLS EVERY DAY, EVERY TIME WE MEET. BUT THEY DID SOME GOOD WORK TODAY. AND THANK YOU VERY MUCH TO REPRESENTATIVE [INAUDIBLE] FROM BOULDER, WHO IS NOW ON THE CDC AND THE OTHER MEMBERS OF THE COMMITTEE. YOU COULD ALSO SEE THAT A VARIETY OF OTHER VERY IMPORTANT PROJECTS WERE INCLUDED IN TIER ONE, INCLUDING [INAUDIBLE] A TWENTY POINT FOUR MILLION DOLLAR HVAC REPLACEMENT AND SOME VERY IMPORTANT CONTROL MAINTENANCE PROJECTS ON THE CAMPUSES. SO REALLY GOOD NEWS, BUT A LONG WAY TO GO. SO AT THAT, I'M GOING TO KICK IT OVER TO HEATHER [INAUDIBLE] OUR AWESOME LOBBYIST WHO WILL TALK A LITTLE BIT ABOUT OUR STATE BILLS. SURE. HI, EVERYONE. SO PER THE RESOLUTION PASSED BY THE BOARD IN NOVEMBER, WE'RE WORKING WITH THE LEGISLATURE ON A BILL TO ALLOW INSTITUTIONS TO OFFER IN-STATE TUITION TO AMERICAN INDIAN STUDENTS WHO ARE MEMBERS OF TRIBES WITH HISTORICAL TIES TO COLORADO AT THEIR REQUEST OF ONE OF THE BILL'S SPONSORS. THE BILL IS GOING TO NOW BE MANDATORY. AND SO IT WILL IMPACT ALL INSTITUTIONS, BUT THERE'S NO OPPOSITION TO THAT. IT'S GOING TO BE ONE OF THE FIRST BILLS INTRODUCED NEXT WEEK, AND IT'S ALREADY SCHEDULED FOR A SENATE COMMITTEE ON THURSDAY. WE'RE ALSO--. [INAUDIBLE] SPONSORING THE BILL? YES, IT'S SPEAKER [INAUDIBLE], MAJORITY LEADER [INAUDIBLE] AND REPRESENTATIVE ADRIAN BENEVIDES. SO REALLY GREAT SPONSORSHIP. WE'RE ALSO LEADING THE CHARGE ON THE ACT SAT TEST OPTIONAL BILL, WHICH WOULD GIVE INSTITUTIONS PERMANENT FLEXIBILITY IN REQUIRING THOSE TEST SCORES FOR ADMISSIONS PURPOSES. NEXT SLIDE. A FEW OTHER BILLS WE'RE ANTICIPATING. ONE BILL WOULD PROHIBIT INSTITUTIONS FROM WITHHOLDING TRANSCRIPTS FOR UNPAID FINANCIAL OBLIGATIONS. THIS COULD POTENTIALLY HAVE ABOUT ONE HUNDRED AND FIFTY SEVEN MILLION DOLLAR IMPACT ANNUALLY ON THE INSTITUTIONS, SO WE ARE WORKING VERY CLOSELY ON THAT. AND THEN WE ALSO ANTICIPATE A BILL ON LEGACY WHICH WOULD PROHIBIT INSTITUTIONS FROM USING LEGACY STATUS AS A CONSIDERATION DURING ADMISSIONS. SO THANKS TO HEATHER FOR EXCELLENT WORK ON THE AMERICAN INDIAN BILL, VERY, VERY AWESOME JOB ON THAT. ANY QUESTIONS ABOUT THOSE THAT ARE COMING UP THIS SESSION? WELL, I JUST WANT TO CHIME IN ON THE LEGACY PIECE. IT'S NOT SOMETHING THAT WE REALLY PARTICULARLY USE AT ALL IN OUR ADMISSION DECISIONS AT C.U. SO I JUST WANT TO MAKE SURE THE RECORD REFLECTS THAT. JUST BECAUSE THERE'S A BILL BEING INTRODUCED TO PROHIBIT US FROM DOING SOMETHING DOESN'T NECESSARILY MEAN THAT WE ARE CURRENTLY DOING IT. THAT'S AN EXCELLENT POINT, REGENT KROLL, AND WE ACTUALLY HAD A MEETING WITH THE BILL'S SPONSOR THIS MORNING TO TALK ABOUT MAKING SURE THAT THE NARRATIVE THROUGHOUT THE PROCESS REFLECTS THAT, THAT THIS IS SOMETHING WE ALREADY ARE DOING. ANY QUESTIONS? CAN I ASK YOU A QUICK QUESTION ABOUT THAT LEGACY ONE ALSO? CAN YOU DISCUSS HOW THAT MAY OR MAY NOT IMPACT THE COMMON APP? WE HEARD EARLIER THAT WE'RE SEEING A HUGE RISE IN APPLICATIONS. IS THAT A QUESTION ON THE COMMON APP AND HOW MIGHT THAT IMPACT THAT? SO THIS IS ANOTHER REALLY EXCELLENT QUESTION. AS THE BILL'S WRITTEN RIGHT NOW, IT WILL NOT IMPACT THE COMMON APP. THE PROPONENTS DID WANT TO INCLUDE LANGUAGE THAT WOULD PROHIBIT OUR ABILITY TO ASK ANY QUESTIONS ABOUT FAMILY HISTORY, WHICH WOULD HAVE INHIBITED OUR ABILITY TO USE THE COMMON APP. SO WE PROVIDED A LOT OF GREAT DATA TO THEM FROM ALL OF THE CAMPUSES, ALONG WITH RESEARCH TO SHOW WHY THAT INFORMATION IS ALSO IMPORTANT IN TERMS OF WRAPAROUND SERVICES, UNDERSTANDING FIRST GENERATION STUDENTS, ETC. AND THEY JUST AS OF YESTERDAY, TOOK THAT OUT OF THE BILL. SO WE'RE BACK TO GOOD SHAPE AND NO IMPACT ON THE COMMON APP. ANY OTHER QUESTIONS? OK, WE WILL NOW MOVE ON TO A FEDERAL UPDATE AND JEFF [INAUDIBLE] IS GOING TO PRESENT THAT ON BEHALF OF OUR FEDERAL TEAM THAT INCLUDES HIM HAD THERE [INAUDIBLE]. APPRECIATE IT, TODD. AND WE'LL KICK IT OFF OVER TO THE NEXT SLIDE. SO ESSENTIALLY, YOU KNOW, OVER THE LAST YEAR, BIG PRIORITY FOR US HAS CERTAINLY BEEN THE COVID RELIEF EFFORTS. WE'RE NOW IN ITERATION NUMBER THREE ON THE CONGRESSIONAL SIDE. AND SO, YOU KNOW, LAST WEEK, PRESIDENT KENNEDY LED OTHER HIGHER ED INSTITUTION LEADERS ACROSS THE STATE IN A LETTER OF OUTLINING OUR PRIORITIES TO THE CONGRESSIONAL DELEGATION. [04:10:01] THIS IS, I THINK, OUR FOURTH SUCH LETTER IN THE LAST 10 PLUS MONTHS THROUGHOUT ALL THIS EFFORT. OUR PRIORITIES CONTINUE TO BE ADDITIONAL HIGHER ED RELIEF AND ADDITIONAL SUPPLEMENTAL RELIEF FOR RESEARCH, WHICH IS THROUGH THE RISE ACT HAS BEEN AN EFFORT LED BY CONGRESSWOMAN [INAUDIBLE] WHICH WE'VE BEEN IMMENSELY GRATEFUL FOR. THIS PROVIDES TWENTY SIX BILLION FOR RESEARCH RELIEF, WHICH WOULD REALLY BE DEDICATED TO POST DOCS, GRADUATE STUDENTS, OUR PRINCIPAL INVESTIGATORS, ET CETERA, AS WELL AS THE LAST PART HAS BEEN A BIG PRIORITY FOR US IS THE ADDITIONAL RELIEF FOR FOR STATE BUDGETS, GIVEN THE IMPACT ON NOT JUST COLORADO BUT ACROSS THE COUNTRY. WE'VE SEEN FOR STATE LOCAL GOVERNMENTS IMPACTED BY THE ECONOMY. I THINK WE HAD JUST OVER 30 INSTITUTIONS ACROSS THE STATE SIGNED ON TO THIS LETTER, WHICH IS NOT THE EASIEST DEFEAT TO GET EVERYBODY ON THE SAME PAGE. I THINK THIS IS TWO YEARS, FOUR YEARS PUBLIC, PRIVATE. SO IT'S A TESTAMENT, I THINK, REALLY TO JUST THE IMPACT THAT FOLKS ARE SEEING COLLECTIVELY AND ENSURING THAT OUR VOICES ARE HEARD. SO WE'RE HEARING RIGHT NOW THAT LAST WEEK THEY PASSED THE BUDGET FRAMEWORK FOR THE RECONCILIATION PACKAGE, WHICH IS ESSENTIALLY THE COMPLICATED BUDGETARY PROCEDURE THAT THEY USE TO POTENTIALLY BY THAT WILL BYPASS A 60 VOTE THRESHOLD IN THE SENATE. SO IT ONLY REQUIRES THE 51 VOTES FOR PASSAGE. COMMITTEES ARE USING THAT FRAMEWORK TO DEVELOP THEIR RESPECTIVE BILLS ASSOCIATED TO THE LARGER PACKAGE, WHICH IS USUALLY IN PRESIDENT BIDEN'S RESCUE PLAN AS A FRAMEWORK, WHICH IS ABOUT THE ONE POINT NINE TRILLION DOLLAR MARK THAT GOT AGREED TO. WE'RE HEARING THAT IT'S THEY'RE LOOKING FOR FINAL PASSAGE TO EARLY TO MID MARCH. THAT'S WHEN A NUMBER OF THE UNEMPLOYMENT ASSISTANCE MEASURES EXPIRE, AS WELL AS SOME OTHERS. SO THEY'RE USING THAT AS THEIR BASELINE TO GET THAT THROUGH. SO BEFORE WE MOVE ON TO OTHERS, JUST WANT TO MAKE SURE SINCE THIS IS SUCH AN IMPORTANT TOPIC, IF THERE'S ANY QUESTIONS. JACK, WE JUST POINT OUT THAT WE'RE SEEING IN GRADUATE RECRUITMENT A LOT OF OUR PROGRAMS AT THE GRADUATE LEVEL, OR MAYBE NOT A LOT, BUT MANY AT THE GRADUATE LEVEL ARE NOT ACCEPTING GRADUATE STUDENTS FOR NEXT FALL BECAUSE OF THE LACK OF FUNDING THAT THEY CAN PROVIDE. SO WE'RE REALLY HURTING AND WE COULD BE NATIONALLY SORT OF GIVING UP A WHOLE GENERATION OF RESEARCHERS WITHOUT ADDITIONAL SUPPORT. SO IF THAT HELPS YOU IN YOUR EFFORTS AT THE CAPITOL, FEEL FREE TO USE IT. AND MY CONDOLENCES TO YOUR BETTER HALF'S FAMILY ON THE CHIEF'S SHELLACKING IN THE SUPER BOWL LAST WEEK. YEAH, I WILL MAKE SURE TO EXPRESS THAT TO HER. I'M SURE SHE'LL APPRECIATE IT. I, AS A BRONCO FAN, HAVE NOT SHARED SIMILAR SENTIMENT, BUT I'LL LET HER KNOW YOU DID. SO THANK YOU FOR THAT. GO AHEAD. THE NEXT SLIDE. YOU KNOW, THIS IS I THINK FOLKS HAVE GENERALLY SEEN THIS IN THE NEWS, BUT, YOU KNOW, WITH THE BIDEN HARRIS ADMINISTRATION COMING IN, WE'VE SEEN, YOU KNOW, LAST SEVERAL WEEKS A FLURRY OF EXECUTIVE ACTIONS THAT HAVE TAKEN PLACE. YOU KNOW, I THINK THAT THE CERTAINLY THE PRIORITIES HAVE BEEN, AS NOTED THERE, SCIENCE AND CLIMATE, IMMIGRATION, RACIAL EQUITY, DIVERSITY AND HEALTH CARE, THOSE ARE GOING TO BE CONTINUED THEMES, I THINK, ESPECIALLY EARLY ON IN THE ADMINISTRATION. I WILL MAKE NOTE FOR THE SCIENCE AND CLIMATE PIECE THAT ERIC LANDER WAS NOMINATED TO SERVE AS THE PRESIDENTIAL SCIENCE ADVISER AND DIRECTOR OF OFFICE OF SCIENCE AND TECHNOLOGY POLICY. THIS WILL BE A CABINET LEVEL POSITION FOR THE VERY FIRST TIME. SO IT'S I THINK IT'S CERTAINLY WELCOME NEWS TO A NUMBER OF OUR RESEARCHERS AS WELL AS I THINK, YOU KNOW, LOOKING AHEAD TO THAT MISSION, YOU KNOW, AND THEN IN THE 117TH CONGRESS, I THINK AFTER WE SAW THE ELECTORAL RESULT FROM GEORGIA IN EARLY JANUARY, IT CERTAINLY CHANGED THE DYNAMIC OF CONGRESS AND REALLY FOR THE BIDEN ADMINISTRATION TO GET A NUMBER OF ITS KEY PRIORITIES THROUGH. AND SO SLIGHT MAJORITY IN THE HOUSE AS WELL AS IN THE SENATE, 50/50 SPLIT WITH THE VICE PRESIDENT WOULD CERTAINLY BE THE TIE BREAKING VOTE THERE, TOO. SO THAT CHANGED THAT THE COMMITTEE MAKEUP WITH THE DEMOCRATS TAKING OVER THE MAJORITY AND THE CHAIR POSITIONS. AS YOU SEE, THERE'S THE NUMBER OF THE CONGRESSIONAL PRIORITIES MIRROR THAT OF THE BIDEN ADMINISTRATION, I THINK, FOR OBVIOUS REASONS, GIVEN THAT DYNAMIC SHIFT AS WELL. SO AND THEN JUST TO FINALLY WRAP UP A FEW OTHER ITEMS THAT WE'RE TRACKING CLOSELY ARE U.S. SPACE COMMAND AND THE DECISION THAT CAME OUT EARLY OR I GUESS LAST MONTH NOW ABOUT IT'S NOT GOING TO BE A COLORADO SPRINGS THAT LEASED THE HEADQUARTERS. IT'S GOING TO BE SHIPPED TO HUNTSVILLE, ALABAMA. SO WE'RE CERTAINLY WORKING WITH OUR ELECTED LEADERS, THE GOVERNOR'S OFFICE, AS WELL AS, YOU KNOW, TRYING TO OFFER SUPPORT HOWEVER WE CAN TO CERTAINLY MAXIMIZE [04:15:05] WHAT COLORADO'S POTENTIAL OPPORTUNITIES TO HAVE THAT DECISION REEXAMINED. AND THEN I THINK, AS WE DO EVERY YEAR, LOOKING AHEAD TO FISCAL YEAR TWENTY TWO FEDERAL PRIORITIES ON THE FUNDING SIDE, BOTH ON THE PROGRAMMATIC AS WELL AS POTENTIAL OPPORTUNITIES OF INTEREST AND SPECIFIC OPPORTUNITIES FOR CU AND OUR CAMPUSES. AND THEN, YOU KNOW, OUR VIRTUAL HILL VISITS, UNFORTUNATELY, ARE STILL AT PLAY. WE MISS OUR IN-PERSON VISITS AND THAT. BUT WE CERTAINLY ARE STILL MAXIMIZING THOSE VIRTUAL VISITS WITH OUR KEY FACULTY, STAFF AND ADMINISTRATIVE LEADERS AS WELL. SO THANK YOU TO JACK ON THAT. ANY OTHER FEDERAL QUESTIONS FOR JACK? DO WE HAVE ANY IDEA WHEN THEY MAY DECIDE TO CHANGE THEIR DECISION ON THE SPACE COMMAND, JACK? REGENT SMITH, I WISH. YEAH, I THINK IT'S ONE OF THOSE THINGS THAT FOLKS ARE CERTAINLY STRATEGIZING. AS YOU'VE SEEN, THERE'S BEEN LETTERS TO THE BIDEN ADMINISTRATION, I THINK CONGRESSIONAL OUR CONGRESSIONAL DELEGATION ARE SEEKING CONGRESSIONAL AVENUES BY WAY OF COMMITTEE CHAIRS, RELEVANT COMMITTEE CHAIRS. BUT WE HAVE NOT HEARD ANYTHING AT THIS POINT FROM EITHER DOD OR THE BIDEN ADMINISTRATION AS TO HOW THEY'LL REASSESS OR WHEN THEY MAY MAKE ANOTHER DECISION. I THINK IT IS IMPORTANT TO KEEP IN MIND THAT AT THE VERY EARLIEST IT WOULD SHIFT TO HUNTSVILLE IN TWENTY TWENTY THREE OR AFTER WE HAD DONE A SIX YEAR DESIGNATION. BUT SO AND HOW THAT COULD BE ASSESSED, IT COULD TAKE, YOU KNOW, OBVIOUSLY A COUPLE OF YEARS. AND THAT'S ALMOST A LIFETIME, QUITE FRANKLY. NOW THAT COULD BE CHANGED. YEAH. OK, GREAT. THANK YOU. I WOULD JUST SAY THAT THE ALABAMA SENATOR THAT AS PERHAPS MOST RESPONSIBLE FOR IT BEING HUNTSVILLE DECIDED TO RETIRE. HE IS EVEN THOUGH A REPUBLICAN CLOSE TO PRESIDENT BIDEN. SO I THINK OUR BEST SHOT IS, FRANKLY, AFTER HE RETIRES. ANY OTHER QUESTIONS? OK, THANK YOU VERY MUCH TO HEATHER AND JACK, AND WE WILL KEEP YOU POSTED AS WE MOVE THROUGH THE LEGISLATIVE SESSIONS AT THE STATE AND FEDERAL LEVEL. GREAT REPORT AND WE CONTINUE TO DO WELL WITH OUR LOBBYING, I THINK YOU HAVE A GREAT TEAM AND JACK AND HEATHER AND OF COURSE, TANYA AS WELL. SO IT'S NICE TO KNOW WHAT WE CAN EXPECT AND WHAT'S BEEN WORKING ON WHAT'S BEING WORKED ON DOWN THERE. SO THANKS FOR THAT. NEXT ITEM IS AN ACTION ITEM NEXT TWO ITEMS TO YOUR NAMING OF TEMPORARY BUILDING, ON AT UC BOULDER PRESIDENT [INAUDIBLE] TO STEP IN AND GIVE YOU A CHANCE TO INTRODUCE THAT AND THEN WE'LL TAKE A VOTE. THANK YOU, CHAIRMAN. I'M PLEASED TO INTRODUCE CHANCELLOR DISTEFANO TO PRESENT THE CASE FOR NAMING CU BOULDER'S TEMPORARY BUILDING NUMBER ONE IN HONOR OF PROFESSOR EMERITUS L. RAMIREZ AND HIS WIFE, [INAUDIBLE], WHO ADVOCATED FOR CAMPUS PROGRAMS AND INITIATIVES TO SUPPORT UNDERREPRESENTED STUDENTS, FACULTY AND STAFF. THIS IS AN IMPORTANT STEP FORWARD IN RECOGNIZING THE IMPORTANT ROLE THEY AND OTHERS WITHIN OUR HISPANIC COMMUNITY HAVE PLAYED IN CU'S SUCCESS. I TURN TO YOU, CHANCELLOR DISTEFANO. PHIL YOU'RE ON MUTED. SORRY ABOUT THAT. THANK YOU, PRESIDENT KENNEDY. YOU DO HAVE THE RESOLUTION IN FRONT OF YOU. PROFESSOR RAMIREZ, NOW RETIRED, WAS ONE OF THE FIRST FACULTY MEMBERS FROM HISTORICALLY UNDERREPRESENTED GROUP TO ACHIEVE TENURE AS A FULL PROFESSOR IN THE PSYCHOLOGY AND NEUROSCIENCES DEPARTMENT. HE ALSO SERVED AS ASSOCIATE DEAN OF THE GRADUATE SCHOOL, ASSOCIATE VICE CHANCELLOR FOR ACADEMIC AFFAIRS, ADVOCATING FOR THE CREATION FOR THE CENTER FOR THE STUDY OF ETHNICITY AND RACE IN AMERICA AND THE ETHNIC STUDIES DEPARTMENT. PROFESSOR RAMIREZ WAS AT HIS WIFE VERA HOSTED SUNDAY GATHERINGS AT THEIR HOMES, AT THEIR HOME, OFFERING HOME COOKED MEALS, MUSIC AND INFORMAL CONVERSATION. THE SUNDAY GATHERINGS WERE CALLED DOMINGO EN CASA, AND ALUMNI WHO SHARED THEIR MEMORIES OF THOSE DAYS SAY THE RAMIREZ'S WERE INSTRUMENTAL IN THEIR ABILITY TO SUCCEED AT CU BOULDER. I'VE KNOWN NOW FOR MANY YEARS, HE STARTED THE DIVERSITY SUMMIT THAT'S NOW PROBABLY IN THIS 35 TO FORTIETH YEAR, AND HE HAS DONE SO MUCH FOR THE COMMUNITY OF UNDERREPRESENTED COMMUNITY. WHEN I WORKED WITH THE LATINO HISTORY PROJECT THAT I FIND IT FOR THE LAST FEW YEARS, THERE ARE A NUMBER ONE CHOICE FOR NAMING THE BUILDING WAS FOR OUR [04:20:02] [INAUDIBLE]. SO DO WE HAVE A MOTION AND A SECOND TO MODIFY THE NAME OF THE TEMPORARY BUILDING ONE ON THE CU BOULDER CAMPUS MAIN CAMPUS IS [INAUDIBLE]. SO MOVED. A MOVE BY REGENT KROLL, SECONDED BY REGENT CHAVEZ. ANY DISCUSSION FROM REGENTS ON THAT? YEAH, I HAVE A FEW THINGS I'D LIKE TO SHARE. I'LL SPEAK TO BOTH OF THE RENAMINGS AT ONCE AND YOU CAN SKIP ME IF THERE'S ANY DISCUSSION ON THE NEXT RENAMING. SO FOR ME, THESE TWO RENAMING ARE LONG OVERDUE AND I HOPE THESE RENAMING CAN SERVE TO DO THE FOLLOWING. RECOGNIZE THE HISTORY OF CU AS ONE OF STRUGGLE FOR OUR BIPOC STUDENTS, CEREMONIALLY SHOW THE UNIVERSITY IS COMMITTED TO OWNING ITS PAST AND SHAPING ITS FUTURE. WHILE PROGRESS HAS BEEN MADE THESE RENAMING MUST SERVE AS A BEACON FOR FUTURE PROGRESS. THEY ARE BUT A SLIVER OF THE HISTORY OF OUR UNIVERSITY STRUGGLE TO LIVE UP TO OUR VALUES. ON THIS NOTE, I WANT TO THANK THE STUDENTS OF [INAUDIBLE] WHO HELPED EDUCATE ME ABOUT RICARDO [INAUDIBLE], A FORMER CU CIVIL RIGHTS ADVOCATE WHO WAS MURDERED IN NEW MEXICO BY A MEMBER OF THE SEGREGATIONIST AMERICAN INDEPENDENT PARTY. SO WHILE WE MAKE THESE RENAMING TODAY OFFICIAL, WE STILL HAVE A GREAT DEAL MORE WORK TO DO TO TELL THE STORY OF CU HONESTLY, FOR IF WE DO NOT OWN OUR PAST, WE CANNOT EXPECT TO LEARN FROM IT. AND IF WE DON'T LEARN FROM IT, WE ARE DOOMED TO REPEAT IT. AND I'LL CLOSE WITH A SINCERE THANKS TO REGENT [INAUDIBLE] GRIEGO, WHO JOINED ME NEARLY TWO YEARS AGO IN BEGINNING THE REGENTS PORTION OF THE CALL TO RENAME [INAUDIBLE] ONE IN A MANNER THAT HONORED CU'S HISTORY. HER LEADERSHIP AND VISION ON THIS MATTER SHOULD BE DULY NOTED IN THE OFFICIAL RECORD. THANK YOU, CHAIRMAN. ANYONE ELSE THAT WOULD LIKE TO WEIGH OR NOT? I THINK JACK SAID IT ALL. I SECOND WHAT HE SAID. GREAT. OTHER COMMENTS. IF THERE'S NOT, I'M JUST GOING TO TAKE A VOICE VOTE ON THIS. ALL IN FAVOR OF THE-- LET ME FIND MY PLACE HERE-- OF MODIFYING THE NAME OF THE TEMPORARY BUILDING ONE ON THE CU BOULDER MAIN CAMPUS [INAUDIBLE] TEMPORARY BUILDING. ALL IN FAVOR SAY AYE. AYE. AYE. NO. NO. VOTE PASSES EIGHT TO ONE. THANK YOU FOR YOUR VOTE ON THAT. AND [INAUDIBLE], THANK YOU FOR BRINGING THAT FORWARD. LET'S GO TO THE J3, WHICH IS AN ACTION ITEM, THE NAMING OF THE EDUCATION BUILDING AT CU BOULDER PRESIDENT KENNEDY AND CHANCELLOR DISTEFANO, WILL YOU BRING THAT FORWARD? I AM PLEASED TO INTRODUCE CHANCE THE STEPHANO TO PRESENT THE CASE FOR RENAMING THE EDUCATION BUILDING, THE LUCILE BERKELEY BUCHANAN JONES BUILDING IN TRIBUTE TO THE FIRST AFRICAN-AMERICAN WOMAN TO GRADUATE FROM CU BOULDER. JONES WAS BARRED FROM TAKING PART IN THE COMMENCEMENT CEREMONY IN 1918. I TALKED ABOUT HER BEING A LIFELONG TEACHER EARLIER. SO IT'S REALLY FITTING THAT THE EDUCATION BUILDING, THE FORMER EDUCATION BUILDING AT CU BOULDER WILL BEAR HER NAME. I CAN THINK OF NO GREATER TRIBUTE. I TURN IT OVER TO CHANCELLOR DISTEFANO. THANK YOU, PRESIDENT KENNEDY. THE ONLY THING THAT I WILL ADD IS THAT THE SCHOOL OF EDUCATION HAS MOVED TO THE OLD [INAUDIBLE] LAW BUILDING PROGRAMS NOW THAT WE WILL HAVE IN THE SCHOOL OF EDUCATION IF PASSED. AND THE [INAUDIBLE] BUILDING WILL BE THE [INAUDIBLE] ARTS AND SCIENCES PROGRAM [INAUDIBLE] WHICH IS A STUDENT GROUP THAT WORKS CLOSELY WITH OUR UNDERREPRESENTED GROUPS ON THE CAMPUS. SO IT'S FITTING THAT WE ARE IN A BUILDING THAT WILL HOUSE THESE IMPORTANT PROGRAMS FOR OUR STUDENTS. OK, THANK YOU. SO DO I HAVE A MOTION AND A SECOND FOR THE NAMING OF THE EDUCATION BUILDING ON THE CU BOULDER MAIN CAMPUS TO BE THE LUCILLE BERKELEY'S BUILDING? SO MOVED. SO MOVED BY-- WHO WAS THAT? WHO MOVED THAT? I THINK THERE WAS TWO OF US. I CAN-- I DON'T KNOW WHO MOVED IT, BUT WHOEVER MOVED IT, THEN I CAN SECOND IT. OK, HOW ABOUT LESLEY? LESLEY MOVED IT SO SUE, WILL YOU SECOND THAT? I SECOND IT. OK, SO WE HAVE A MOTION AND A SECOND. AND AGAIN, I'M JUST GOING TO DO A VOICE VOTE ON THAT. ALL IN FAVOR OF THE MOTION TO MODIFY THE NAME OF THE EDUCATION BUILDING ON THE CU [04:25:03] BOULDER MAIN CAMPUS TO BE THE LUCILLE BERKELEY BUCHANNAN BUILDING SAY AYE. AYE. ALL NAY. WE HAVE A NINE ZERO VOTE ON THAT. THANK YOU FOR YOUR VOTES. MOTION PASSES MOVES US VERY QUICKLY TO J5, WHICH IS AN ACTION ITEM AND IT'S A RECOMMENDED CHANGE TO REGENT POLICY, TWO THE AGENDA ITEM PROPOSES A CHANGE TO REGENT POLICY. AND IF JEREMY IS AVAILABLE, I'M GOING TO HAVE HIM EXPLAIN THAT OUT TO US HERE AND WHAT WE'RE LOOKING AT. SO GLEN WE'RE TALKING ABOUT THE [INAUDIBLE] SO JUST SIMPLY THE REGENT POLICY [INAUDIBLE] IS TWO E REQUIRES THAT A CHANGE TO REGENT POLICY HAVE A NOTICE OF MOTION. THE REGENTS CAN WAIVE THE NOTICE OF MOTION ON A TWO THIRDS VOTE, AT WHICH POINT THEN YOU COULD CONSIDER THE ACTUAL MERITS OF THE POLICY CHANGE, WHICH WOULD HAVE TO BE PASSED BY A MAJORITY VOTE. SO WHAT REGENT GANAHL IS ASKING IS TO WAIVE THE MOTION ON THIS, WHICH REQUIRES A TWO THIRDS VOTE, CORRECT? JEREMY. THAT'S CORRECT. AND SO THAT'S ONE MOTION. IF THAT PASSES, THEN WE WILL INTRODUCE THE RESOLUTION AND DISCUSS THAT AND VOTE ON THIS PARTICULAR ONE AS WELL. SO WITH THE ASKING FOR A CHANGE TO REGENT POLICY, HEIDI, WHY DON'T YOU GO AHEAD AND INTRODUCE THAT AND THEN WE'LL NEED A SECOND TO THAT. WE WON'T TAKE DISCUSSION ON IT, BECAUSE I THINK THAT IN YOUR INTRODUCTION, YOU CAN EXPLAIN THAT. PLUS, I THINK WE'VE ALL SEEN THE MOTION. SO WOULD YOU GO AHEAD AND INTRODUCE THAT. SURE AND I'LL KEEP IT SHORT, SINCE THIS HAS BEEN A TOPIC GOING AROUND AN EMAIL. BUT I MAINLY AM ASKING FOR SOME GRACE HERE BECAUSE WE'VE BEEN WORKING ON THIS FOR SO LONG. AND I DID MY BEST TO BE PATIENT WITH JOSE AS HE WAS PUSHING IT THROUGH AND GOING THROUGH HIS JOB SITUATION. AND THEN WE WERE SUPPOSED TO IT WAS SUPPOSED TO BE ON THE AGENDA IN NOVEMBER. THEN WE DECIDED IT SHOULD BE BEST TO GO THROUGH COMMITTEE. SO WE PUT IT THROUGH COMMITTEE. IT GOT PUSHED OFF THE AGENDA ON COMMITTEE, AND IT'S PRETTY SIMPLE. IT'S JUST CLARIFYING OUR TRANSPARENCY POLICY. AND AMY HUMBLE DID A TON OF RESEARCH TO FIND THE RIGHT BALANCE OF WHAT THAT SHOULD BE. AND SHE AND JOSE WORKED THROUGH THE FIRST DRAFT AND THEN JEREMY HAS REFINED IT A BIT BASED ON SOME FEEDBACK WE GOT FROM LéONARD AND STAFF AND WOULD REALLY APPRECIATE IF WE COULD MOVE THIS FORWARD AFTER EIGHT OR NINE MONTHS OF WORKING ON IT. SO THE MOTION THAT HEIDI IS MAKING IS TO WAIVE THE POLICY. AND THAT WILL REQUIRE SIX OUT OF NINE VOTES. IT'LL REQUIRE A SECOND AS WELL. AND THE REASON THAT WE'RE NOT GOING TO DISCUSS IT IS BECAUSE IT'S ONLY A MOTION TO CHANGE THE POLICY. AND SO AT THAT POINT, WE HAVE A MOTION FROM HEIDI TO CHANGE TO WAIVE THE NOTICE REQUIREMENT AND ALLOW CHANGES TO REGENT POLICY UPON A TWO THIRDS VOTE. SO, HEIDI, I THINK THAT'S YOUR MOTION THAT WOULD REQUIRE A SECOND. DO I HAVE A SECOND ON THAT? SECOND CHANCE. OK, CHANCE HILL SECONDS THAT, AND I THINK EFFIE WHAT WE'LL DO IS HAVE YOU CALL A VOTE ON THAT. AND THIS IS ON THE MOTION TO WAIVE SORRY OF MOTION. REGENT CHAVEZ. NO. I'M SORRY, I DIDN'T HEAR YOU. NO. THANK YOU. REGENT GANAHL. YES. REGENT HILL. YES. REGENT KROLL. NO. REGENT RENNISON. [04:30:01] NO. REGENT SHARKEY. THIS IS NOT A STATEMENT ABOUT THE RESOLUTION, IT'S JUST A STATEMENT ABOUT THE PROCESS, AND BECAUSE OF THAT, MY ANSWER IS NO. REGENT SMITH. NO. REGENT SPIEGEL. NO. AND CHAIR GALLEGOS. NO. SEVEN TO 2. THE MOTION DOES NOT PASS. SO AT THIS POINT, WE WILL NOT MOVE ONTO THE RESOLUTION ITSELF. AND WHAT'S THE NEXT [INAUDIBLE] SORRY. I THINK THAT NOTHING PRECLUDES YOU FROM GOING BACK TO COMMITTEE, HEIDI AND JEREMY, I THINK THAT MAYBE THAT'S A QUESTION FOR YOU. YEP. THAT'S CORRECT. REGENT GANAHL YOU CAN TAKE IT BACK TO THE GOVERNANCE COMMITTEE AND THEN MOVE IT FORWARD IN JUST AN ORDER UNDER REGENT POLICY TWO. HOW DO I MAKE SURE IT DOESN'T GET PUSHED OFF THE AGENDA AGAIN? WE'LL MAKE SURE, HEIDI. I THINK THAT I'LL TAKE RESPONSIBILITY FOR THE FACT THAT IT'S BEEN SUCH A LONG TIME. I'M THE CHAIR OF THE BOARD. WE'VE HAD FOUR DIFFERENT SECRETARIES. SOME THINGS SLIP BETWEEN THE CRACKS. AND YOU KNOW WHAT? WE'LL MAKE SURE THAT IT GETS TOP BILLING IF YOU WANT TO BRING IT BACK THROUGH. OK, THANK YOU. I HAVE A COMMENT TO MAKE AS WELL. CHAIR GALLEGOS. I FIRST WANTED TO THANK HEIDI FOR HER TENACITY AND AN INTEREST IN IN THIS TOPIC. AND I AGREE WITH THE SPIRIT OF THE RESOLUTION. I LOOK FORWARD TO SEEING WHAT COMES OUT OF THE COMMITTEE PROCESS. BUT IT'S BEEN, LIKE I SAID, MY EMAIL. IT'S BEEN A PERSISTENT ISSUE FOR THIS BOARD OF REGENTS FOR AS LONG AS I'VE BEEN ON THIS BOARD. AND I'M NOT SURE EXACTLY THE WORDING, THE APPROPRIATE WORDING FOR THE RESOLUTION, BUT I STILL LOOK FORWARD TO SEEING IT COME OUT OF COMMITTEE AND WHETHER A RESOLUTION PASSES, POLICY CHANGES ARE MADE OR NOT, I THINK WE HAVE TO TO ADDRESS THIS ISSUE FOR REGENTS AND GETTING ACCESS TO INFORMATION. I THINK MOST OF THE WORK IS DONE ALREADY. I THINK THAT IF YOU DECIDE TO BRING IT BACK, THAT IT WILL BE GOOD TO VET IT THROUGH AND ANSWER SOME OF THE QUESTIONS MAYBE THAT PEOPLE HAVE OR WERE NOT PREPARED TO VOTE ON TODAY. SO WITH MOST OF THAT WORK DONE, WE'LL MAKE SURE THAT AND I SHOULD TALK WITH WITH REGENT SMITH, WHO RUNS THE GOVERNANCE COMMITTEE, AS TO WHEN IT CAN MAKE THAT AGENDA. BUT YOU WON'T BE WAITING EIGHT MORE MONTHS. OK. THANK YOU, SO UNLESS THERE'S MORE DISCUSSION QUESTIONS ON THAT, WE'RE GOING TO MOVE FORWARD TO OUR VERY LAST ITEM. AND I KNOW THAT IT'S BEEN A LONG DAY, BUT THE REASON THAT THAT ITEM, IT'S CALLED REGENTS GENERAL DISCUSSION IS IN THERE IS BECAUSE I THINK THERE WAS A TIME AND STILL IS A TIME WHEN OUR MEETINGS WE'RE ALL BUSINESS AND AND OFTENTIMES REGENTS DIDN'T REALLY GET A CHANCE TO VOICE THEIR OPINION OR TO TALK ABOUT WHAT IT WAS THAT THEY'RE WORKING ON. AND IT DOESN'T NEED TO BE NONCONTROVERSIAL. I THINK THAT IF SOMETHING IS ON YOUR MIND, SOMETHING YOU WANT TO WORK ON, SOMETHING THAT YOU WANT TO EXPLORE OR WHATEVER THE CASE MIGHT BE, I THINK THAT WE CAN THROW OUT ONE TOPIC AND DO A DISCUSSION ON IT OR WE CAN THROW OUT A NUMBER OF TOPICS. THE ONLY THING THAT WE ASK IS THAT WE SHOW RESPECT FOR ONE ANOTHER'S IDEAS AND THAT WE'RE NOT TAKING DEAD SHOTS AT EACH OTHER. AND SECONDLY, I HOPE THAT THE PRESIDENT AND HIS CABINET DON'T END UP WITH A LIST OF 30 MORE THINGS TO DO AS A RESULT OF THIS DISCUSSION. SO WITH THAT, I'M GOING TO OPEN IT WIDE UP. AND I KNOW THAT WE HAVE VARIED REGENTS THAT ARE DOING A NUMBER OF THINGS, SOME GREAT, SOME NOT SO GREAT. THROW THEM OUT. AND I'D LIKE TO KICK IT OFF, I SENT OUT THE EMAIL REGARDING THE COLORADO TRUSTEE NETWORK. WE HAVE THE CONVENING ON JANUARY TWENTY SIX AND FOUR OF US ATTENDED. IT WAS INTERESTING WE HAD A PANEL WHICH MOST OF US DIDN'T REALLY AGREE WITH. [04:35:03] THERE'S REALLY A LOT OF FOCUS FROM THE GOVERNOR'S OFFICE ON COMMUNITY COLLEGE AND WORKFORCE PREP. AND ACTUALLY IT WAS INTERESTING. THE MODERATOR ASKED ABOUT A UNIVERSITY LIKE CU AND ARTS AND SCIENCES BECAUSE EVERYTHING WAS TECH, TECH, TECH. SO INTERESTING DISCUSSION. BUT I LEARNED YESTERDAY THAT THERE IS GOING TO BE A PRIZE FOR THE MEMBER OR MAYBE THE BOARD THAT GETS THE MOST NUMBER OF MEMBERS TO JOIN. SO IF YOU I KNOW SEVERAL OF YOU ALREADY HAVE INDICATED YOU WOULD WANT TO JOIN, IT'D BE GREAT IF ALL OF US WOULD. THERE ARE GOING TO BE SOME TRAININGS. WE DID A SURVEY AND THE TOP ONE WAS FINANCE. OBVIOUSLY, THAT'S NOT A SURPRISE. SO OUR VERY OWN TODD SALIMAN IS GOING TO BE PART OF A PANEL FOR THE VERY FIRST MEETING WORKSHOP THAT WE HAVE. AND SO THAT'S EXCITING. HE'LL BE EXPLAINING THE NEW FORMULA FOR FUNDING HIGHER ED. SO I THINK THAT'LL BE A REALLY INTERESTING TOPIC. SO YOU CAN LET ME KNOW IF YOU WANT TO JOIN. WE'VE GOT A PRESS RELEASE GOING OUT NEXT WEEK. SO, I MEAN, I WOULD LIKE THAT INFORMATION IF YOU WANT TO JOIN TOMORROW OR BY MONDAY. THANK YOU. THANK YOU. [INAUDIBLE] IS LUCY WANTING TO DISCUSS WITH US THE TUITION AND MAKE SURE THAT TUITION REMAINS LOW FOR THE NEXT 17 OR 18 YEARS. HER DAD CERTAINLY WANTS TO DISCUSS THAT. YES. YES. ON THAT NOTE, THOUGH, I THINK LUCY CAME ON TO ECHO REGENT SMITH'S SENTIMENTS THAT WE SIGN UP FOR THE HIGHER EDUCATION BOARD STATE WIDE COALITION, BECAUSE I THINK WE, AS CU ARE IN A GREAT POSITION TO LEAD IN THAT TO LEAD THOSE EFFORTS. WE SEE DATA EVERY YEAR OF THE AMOUNT OF DEGREES PRODUCED AT THE GRADUATE AND UNDERGRADUATE LEVEL ACROSS THE STATE OF COLORADO, AND NEARLY HALF COME FROM CU. SO WE CAN PLAY A BIG ROLE IN THAT. AND I'M ALWAYS EAGER TO HAVE A PRIZE AND I'M VERY COMPETITIVE. SO I HOPE WE CAN LEAD BY EXAMPLE. THANK YOU, REGENT SMITH, FOR YOUR LEADERSHIP ON THAT. THANK YOU. HEIDI. WERE YOU GOING TO SAY SOMETHING? NO. OK, JUMP IN. YOU KNOW, I'LL BRING SOMETHING UP THAT IS MAYBE A BIT TOUCH AND GO. WE HEARD TODAY FROM SOME DISTINGUISHED PROFESSORS AND WE'LL HEAR AGAIN AT OUR NEXT MEETING FROM SOME MORE ONE OF THE THINGS THAT THAT CONCERNS ME ABOUT THE DISTINGUISHED PROFESSOR AWARDS. AND I WAS GLAD TO SEE THAT WE HAD SEVERAL MEMBERS FROM THE UCCS CAMPUS RECOGNIZED THIS YEAR. BUT IT SEEMS TO ME THAT OVER THE COURSE OF MY TIME ON THE BOARD, WE'VE ENDED UP RECOGNIZING A DISPROPORTIONATE AMOUNT OF DISTINGUISHED PROFESSORS FROM THE BOULDER AND ANSCHUTZ CAMPUS. AND IT'S NOT TO SAY THAT THOSE PROFESSORS AREN'T VERY DESERVING OF THOSE. BUT I DO THINK. WE WOULD BE WISE TO FIND A WAY TO ENSURE THAT WE WERE RECOGNIZING DISTINGUISHED PROFESSORS FROM ACROSS THE CU SYSTEM, AND I WELCOME VICE PRESIDENT LIGHTNER AND ANY OTHER ADMINISTRATORS THAT MIGHT HAVE INPUT ON HOW WE CAN ENSURE THAT THE GREAT WORK OF PROFESSORS FROM ALL OF OUR CAMPUSES IS RECOGNIZED. REGENT KROLL, THANK YOU FOR BRINGING THAT UP. AND I THINK THAT YOUR STATEMENT IS REALLY AN ENCOURAGEMENT TO THE FACULTIES IN THEIR PROCESS OF NOMINATING AND VETTING THE CANDIDATES, BECAUSE WE AT THE SYSTEM LEVEL THE FINAL VETTING BEFORE IT GOES TO THE REGENTS ARE ONLY ABLE TO REVIEW CASES THAT HAVE COME TO US. AND SO THERE'S AS FAR AS I KNOW, WE'VE HAD VERY FEW CASES THAT HAVE GONE THROUGH THE RIGOROUS REVIEW AT THE DEPARTMENT, SCHOOL, COLLEGE AND CAMPUS LEVEL AND COME TO THE SYSTEM THAT HAVE NOT BEEN APPROVED AND SENT TO YOU FOR YOUR VOTE. AND SO IT'S REALLY THE WORK OF THE CAMPUSES TOO AND THIS WAS MENTIONED BY SOME OF THE DISTINGUISHED PROFESSORS TODAY. TO BE ABLE TO DO THE SIGNIFICANT WORK TO CREATE A COMPELLING PACKAGE THAT WE CAN SEND THROUGH THE PROCESS AND BRING TO YOU. IT'S A VERY NON-TRIVIAL EFFORT. [04:40:02] I'VE DONE ONE CASE THAT ACTUALLY WAS APPROVED AND CAN VOUCH FOR HOW SIGNIFICANT AMOUNT OF WORK THAT IS. AND SO I WOULD LIKE TO SIMPLY TAKE YOUR STATEMENT AND ECHO IT BACK TO OUR CHANCELLORS AS ENCOURAGEMENT TO REALLY LOOK AT THE FANTASTIC FACULTY WE HAVE AND SEE IF YOU CAN ENCOURAGE OTHER FACULTY ON THE CAMPUS TO PUT THAT WORK IN TO GENERATE CASES THAT CAN COME TO YOU FOR APPROVAL. I AGREE WITH JACK BUT I JUST WANT TO SHARE ANECDOTALLY, I'VE HEARD FROM MANY PEOPLE WHO HAVE GONE THROUGH THE PROCESS ONLY TO BE REJECTED. AND THERE'S A SENTIMENT AMONG SOME THAT IT'S NOT WORTH THE EFFORT ANYMORE SINCE IT'S NEVER GOING TO HAPPEN. SO I THINK THAT A LOOK AT THE PROCESS IS IN ORDER TO SEE WHAT'S GOING ON AND TO ENSURE THAT IT IS FAIR ACROSS CAMPUSES. AND REGENT RENNISON, THAT REJECTION IS NOT AT THE SYSTEM LEVEL EXACTLY, I AGREE, I AGREE. AND I THINK THAT GOES BACK TO THE CAMPUSES NOT TO PUT MORE WORK ON THE CAMPUSES, BUT WE AT THE SYSTEM LEVEL DON'T HAVE VISIBILITY INTO THAT. WE DON'T KNOW WHO WAS NOMINATED, WHO DIDN'T MAKE IT THROUGH IN ANY GIVEN YEAR. CHANCELLOR KROLL REGENT KROLL, I HAVE ASKED OUR PROVOST ABOUT THIS AND I'VE BEEN TALKING WITH OUR DEANS ABOUT THIS. AND IF WE HAVEN'T ALREADY, WE WILL BE AT C.U. DENVER ESTABLISHING A COMMITTEE TO LOOK INTO HOW WE CAN WORK HARDER AT DOING THE HARD WORK, BUT TO RECOGNIZE MORE OF OUR FACULTY WHO WE DO BELIEVE ARE WORTHY OF THE DISTINCTION, BUT RECOGNIZE THAT IT'S QUITE AN EFFORT TO RUN THROUGH THE PROCESS. THANK YOU. AND WE'LL DO THE SAME AS WELL. OTHER TOPICS. AND YOU KNOW THAT I THINK THIS IS A GOOD EXAMPLE OF HOW THIS WORKS, IT DOESN'T HAVE TO BE A REGENT THAT THROWS AN ITEM ON THE TABLE, CAN BE A CHANCELLOR OR VICE PRESIDENT OR WHATEVER. WE ALL ARE KIND OF ALL ON THE SAME TEAM. RIGHT. AND ALL THE ITEMS DON'T NEED TO BE GOOD AND POSITIVE. I'LL OK. I JUST WANTED TO SAY ACKNOWLEDGE JOE NEGUSE, I KNOW THAT WE'RE NOT ALL ON THE SAME POLITICAL LINES, BUT HE WAS THERE AND HE'S VERY VISIBLE AND PRESENT, SO I JUST THOUGHT I'D ACKNOWLEDGE IT. NO COMMENT NECESSARY. REGENT EMERITUS JOE NEGUSE. HEY, GLEN, IT'S HEIDI, DID WE MODEL OUT AT ALL? ZERO PERCENT TUITION INCREASE FOR THE CAMPUSES OR JACK, YOU WANT TO ANSWER. THAT ONE. SO WE DID IT, WE DID LOOK AT THAT AND IT WOULD HAVE RESULTED IN ADDITIONAL BUDGET CUTS. SO. DO YOU HAVE THOSE MODELS, TODD, WE CAN LOOK AT IF WE WANT? NOT RIGHT NOW, BUT LATER. THE THING THAT WOULD PROBABLY BE EASIER TO JUST GIVE YOU AN IDEA OF WHAT WOULD HAPPEN, BUT WHAT WOULD BE DONE TO BALANCE THE BUDGET IF TUITION WERE KEPT AT ZERO PERCENT? WE'VE DONE THAT IN THE PAST HEIDI WE CAN DO THAT AGAIN. YEAH. AND ONLY IF A COUPLE OTHER REGENTS ARE INTERESTED, BECAUSE OBVIOUSLY, IF THERE'S NOT THE VOTES TO TO PUSH BACK, THERE'S NOT THE VOTES. BUT I JUST THINK I THINK IT'S A BIT TONE DEAF TO BE INCREASING TUITION AT ALL, AS I'VE SAID. AND I JUST THINK OUR STUDENTS ARE HURTING. THE FAMILIES ARE HURTING. AND IF WE HAVE TO MAKE TOUGH CUTS, WE HAVE TO MAKE TOUGH CUTS LIKE EVERY OTHER BUSINESS IN THIS COUNTRY AND A LOT OF OTHER COLLEGES. SO I JUST THINK WE SHOULD AT LEAST CONSIDER IT AND MAYBE TALK TO SOME STUDENTS OR THE STUDENT GOVERNMENT ABOUT IT OR SOME OTHER FOLKS. I MEAN, I KNOW THE STAFF COUNCIL ISN'T GETTING ANY OR THE STAFF IS NOT GETTING MERIT RAISES. RIGHT. SO. RIGHT. YEAH. I JUST THINK IT SHOULD BE ON THE TABLE. I THINK TODD WILL GET THAT INFORMATION TOGETHER. BUT AGAIN, IF I'M THE ONLY ONE, I DON'T WANT YOU TO TAKE THE TIME, TODD BUT IF THERE ARE OTHER PEOPLE WHO ARE INTERESTED IN SEEING THAT, I THINK IT WOULD BE A VALUABLE EXERCISE. I'D BE INTERESTED IN SEEING IF THAT DOESN'T MEAN A COMMITMENT TO DO ANYTHING OR NOT DO ANYTHING, BUT I DEFINITELY WOULD BE INTERESTED TO SEE HOW THAT WOULD IMPACT THE UNIVERSITY WHERE CAN THE BUDGET CUTS BE MADE. [04:45:01] SO THE SLIDES IN THE PRESENTATION THAT TALKED ABOUT HOW THE CAMPUSES WOULD RESPOND IF REVENUES CAME IN LOWER, THAT'S WHAT I WOULD WORK FROM. AND SO I ACTUALLY PUT THOSE SLIDES IN THERE TO TRY TO DEMONSTRATE WHAT THE IMPACT, WHAT CHOICES THAT THE CAMPUSES WOULD BE CHOOSING FROM TO IN ORDER TO BALANCE THEIR BUDGETS. BUT WE CAN PUT SOMETHING TOGETHER BASED ON THAT. BUT IT'S GOING TO BE WHAT WAS ON THOSE SLIDES IS WHAT I WILL YOU KNOW THAT'S WHAT I'LL PRESENT. THAT'S FINE. I'LL DIG IN AND LOOK AT THOSE. AND I THINK WE HEARD FROM ONE OF THE STUDENTS ABOUT THIS. BUT, YOU KNOW, AND TODD, YOU AND I TALKED ABOUT TUITION, NOT MAYBE EVEN BEING AS IMPACTFUL AS STUDENT FEES RIGHT NOW. AND IF WE CONTINUE IN A HYBRID MODEL, THERE'S A LOT OF SERVICES THAT THE STUDENTS ARE NOT ABLE TO USE OR HAVE ACCESS TO THAT THEY'RE PAYING FOR. AS NOTED IN THAT, I THINK IT WAS THE COLORADO PUBLIC RADIO ARTICLE. SO, YOU KNOW, I DON'T KNOW WHAT WE CAN DO ABOUT THAT, BUT I THINK IT SHOULD CERTAINLY BE A TOPIC OF DISCUSSION. AND WE SHOULD BE COGNIZANT THAT IF THEY CAN'T USE THE SERVICES, IS IT FAIR TO KEEP CHARGING THEM THE FEES TO PAY FOR THOSE? BUT WHAT WE PRESENTED WAS FOR FY22 AND SO IT WOULDN'T BE UNTIL NEXT FALL AND HOPEFULLY WE'LL BE IN A VERY DIFFERENT SITUATION NEXT FALL. BUT I KNOW THAT THE CAMPUSES HAVE ADJUSTED FEES FOR STUDENTS WHEN FOR SERVICES THAT THE STUDENTS CAN'T ACCESS. BUT I'M HAPPY TO TAKE THOSE IDEAS THAT WE PUT TOGETHER ON THE [INAUDIBLE] REVENUE COMES IN, LOWER SLIDES AND PUT THEM INTO A LIST OR SOMETHING LIKE THAT FOR YOU, TODD IS THAT INFORMATION IN THE STUFF THAT YOU THAT YOU SENT US ON MONDAY OR THAT GOT POSTED ON BOARD DOCS. IT'S THE STUFF SO THAT THE SLIDES THAT SAY WHAT THE CAMPUSES WOULD DO IF REVENUES CAME IN LOWER. THEY'RE VERY SIMILAR IN DECKS. YOU KNOW. AND I'M INTERESTED IN THE RESERVES AND I'M CONCERNED ABOUT THE RESERVES THEY'VE HAVE BEEN SIGNIFICANTLY DRAWN DOWN. AND THAT'S A LITTLE UNNERVING TO THINK ABOUT THAT, AND SO I THINK TO WE NEED TO BE CONSIDERING THAT HOW TO BUILD BACK THOSE RESERVES TO MAYBE A MORE COMFORTABLE LEVEL BECAUSE THEY'RE NOT AT A COMFORTABLE LEVEL AT THIS TIME. AS TODD AND I HAVE TALKED ABOUT THAT IN OUR ONE ON ONE, THAT SOME OF THE DECISIONS ABOUT BRINGING STAFF BACK OR GETTING RID OF FURLOUGHS BEFORE WE REPLENISH THOSE RESERVES, I DON'T AGREE WITH THAT. I THINK WE SHOULD FOCUS ON, LIKE, IF YOU'RE A BUSINESS AND YOU HAVE TO LAY PEOPLE OFF OR PUT PEOPLE ON HOLD OR ON FURLOUGH AND YOU TAKE DOWN YOUR RESERVES, YOU DON'T BRING BACK THE PEOPLE UNTIL YOU BUILD BACK UP YOUR RESERVES BECAUSE YOU MAY HAVE TO JUST TURN AROUND AND DO IT RIGHT OVER AGAIN. SO I KNOW THAT'S A PHILOSOPHICAL THING, BUT IT'S A CONVERSATION THAT I THINK WE SHOULD HAVE AS REGENTS' ABOUT THE RESERVES. YEAH, I AGREE. AND YOU BOTH DID ASK THAT QUESTION, SEVERAL OF US QUESTIONS ABOUT THE FOUR PERCENT RESERVES AND WHAT BALANCES THE CAMPUSES WE'RE LOOKING AT. AND I DID PUT THAT INFORMATION TOGETHER AND I WAS GOING TO EMAIL IT OUT. BUT THOSE RESERVE LEVELS ARE BETWEEN ONE AND ONE POINT FIVE PERCENT THAT WE'RE LOOKING AT. AND I KNOW THAT BUILDING THOSE BACK UP IS A PRIORITY FOR THE CAMPUS FOR THE CAMPUSES, OF COURSE, THE BUILDING THE RESERVES UP CAN BE DONE WITH ONE TIME DOLLARS, BUT ONGOING DOLLARS ARE NEEDED TO SUPPORT STAFF. AND SO WE LOOK AT THEM DIFFERENTLY BECAUSE WE YOU KNOW, WE CAN'T USE ONE TIME DOLLARS TO SUPPORT STAFF. AND I THINK THAT'S WHERE WE CAN HAVE A CONVERSATION AROUND, YOU KNOW, BEING MORE FLEXIBLE OR I DON'T THINK THE REGENTS SHOULD HAVE THIS CONVERSATION. TO BE CLEAR. I THINK THE CHANCELLORS AND THE PRESIDENT SHOULD MAKE THESE DECISIONS, BUT AROUND BEING MORE FLEXIBLE WITH RESPECT TO OUR WORKING CONDITIONS AND WORKING REMOTELY BECAUSE I THINK PEOPLE PUT A NUMBER ON IT. RIGHT, BECAUSE THEY'RE GOING TO PUT A NUMBER ON THAT FLEXIBILITY. IF YOU HAVE TO SPEND HOURS IN YOUR CAR EACH WEEK GOING TO AND FROM CAMPUS AND PAY FOR A PARKING PASS AND GASOLINE AND DEPRECIATION ON YOUR VEHICLES, THERE IS AN ECONOMIC VALUE THERE THAT IN AN ENVIRONMENT WHERE WE MIGHT NOT BE WILLING OR ABLE TO GIVE STAFF COMPENSATION INCREASES, WE CERTAINLY CAN DO OUR BEST TO ENSURE THAT DON'T HAVE INCREASED COSTS RELATIVE TO THE LAST YEAR WHEN THEY'VE BEEN, FOR THE [04:50:03] MOST PART, ABLE TO WORK FROM HOME. OBVIOUSLY, FACULTY, IT'S A DIFFERENT STORY. AND WE KNOW THAT OUR EDUCATIONAL ENVIRONMENTS THRIVE OFF OF THE OPPORTUNITY FOR OUR STUDENTS AND FACULTY TO INTERACT IN PERSON AND EVEN AS WE CONTINUE TO GROW OUR ONLINE EFFORTS. WELL, I THINK, JACK, IT'S MORE ABOUT MAKING TOUGH CUTS AND WHAT THOSE CUTS ARE AND TO SAVE FOR THAT RAINY DAY AND I KNOW LUDWIG IS ON MY SHOULDER LIKE WHISPERING IN MY EAR ABOUT THOSE RESERVES AND MAKING SURE THAT THEY'RE ALWAYS AT FOUR PERCENT NO MATTER WHAT, NO MATTER WHAT'S GOING ON. AND I JUST THINK IT'S WE'VE GOT TO PUSH THAT TO THE FOREFRONT OF THE CONVERSATION AGAIN. AND I WANT TO MAKE SURE THAT, YOU KNOW, THE CAMPUSES AND THE CHANCELLORS AND CFO'S CAN SPEAK TO THIS HAVE ABSOLUTELY BEEN MAKING TOUGH CUTS AND HAVE BEEN MAKING TOUGH BASE REDUCTION, ONGOING CUTS. BUT MAYBE IT MIGHT BE HELPFUL TO GIVE YOU SOME EXAMPLES OF THAT. ALSO TO TALK ABOUT HOW WE BALANCE THE PRIORITY OF BUILDING RESERVES BACK UP BECAUSE IT IS A TOP PRIORITY FOR THE CAMPUSES, AS YOU SAW ON A NUMBER SLIDES THAT SAY HOW THEY WOULD SPEND MONEY IF ADDITIONAL REVENUES CAME IN. RESERVES ARE ON EVERY CAMPUS LIST, BUT I'M HAPPY TO TRY TO PROVIDE SOME INFORMATION ON THAT. WELL, I THINK IT'S NOT SO MUCH INFORMATION TODD AS IT IS JUST HAVING A REAL ROBUST CONVERSATION ABOUT IT AMONG THE CHANCELLORS AN THE REGENTS ABOUT PHILOSOPHICALLY WHAT WE'RE GOING TO DO. AND I KNOW WE'VE HAD A LOT OF THOSE IN THE PAST WHICH LUDWIG LEAD, BUT I THINK IT GOES TO THIS NOW HAS TO BE A TOP PRIORITY OR MAYBE THE REGENTS DON'T THINK IT SHOULD BE A TOP PRIORITY, BUT I THINK WE ALL HAVE TO GET ALIGNED ON THAT. GLEN. OH VENKAT, WHERE ARE YOU GOING TO SAY SOMETHING? REGENT GANAHL I THINK WE'VE ALREADY TAKEN A LOT OF TOUGH ACTIONS AS WELL IN TERMS OF FREEZING POSITION AND FURLOUGHS, LAYING PEOPLE OFF [INAUDIBLE] ESPECIALLY. SO WE'RE DOING OUR BEST BECAUSE, AS YOU KNOW, WE ARE ALREADY THINLY STAFFED, IF YOU THINK ABOUT IT, IF YOU JUST LOOK AT THE PROPORTION. SO WE ARE PUTTING A LOT OF BURDEN ON THE FACULTY AND STAFF. AND SO IT'S JUST GOING TO CONTINUE TO STRAIN. I'VE SAID THIS BEFORE AND I'LL TRY TO SAY IT AGAIN. I AM COMPLETELY ALIGNED WITH YOUR VISION AND OTHER REGENTS VISION OF NOT INCREASING TUITION. IN FACT, I THINK I SHARED THIS WITH YOU BEFORE. WE SHOULD CHARGE OUR STUDENTS AS MINIMUM AS POSSIBLE. UNFORTUNATELY, WE DON'T HAVE THE STATE SUPPORT TO BALANCE THAT AND WE HAVE A COMMITMENT TO ENSURE OUR STUDENTS SUCCESS. IF THE TUITION IS CUT BACK OR THE STAFF ARE REDUCED, WE COULD DO ALL THAT AS A BUSINESS. AT THE END OF THE DAY, I FEEL LIKE THE STUDENTS ARE THE ONES WHO ARE GOING TO SUFFER. OUR COMMUNITY WILL SUFFER BECAUSE WE MAY END UP LOSING A LOT OF OUR FACULTY AND STAFF TO OTHER PLACES. AND IF THE QUALITY OF EDUCATION IS IMPACTED FOR THE STUDENTS, THEN WE PAY A MUCH BIGGER PRICE BECAUSE WE WANT TO BE ABLE TO PROVIDE THE STUDENTS WITH THE BEST QUALITY EDUCATION, NOT BE ABLE TO RULE OUT STRONG PROGRAMS. ALL OF THIS IS GOING TO EVENTUALLY IMPACT OUR STUDENTS AND THE EMPLOYERS IN THE COMMUNITY WHO CAN HIRE THEM. SO I DON'T THINK I'LL ASK OUR FELLOW CHANCELLORS TOO. NOBODY WANTS TO PUT THE BURDEN ON THE STUDENTS. THAT'S NOT THE INTENTION. VENKAT I'M NOT ASKING YOU TO DO THAT. I'M NOT ASKING YOU TO DO THAT. I'M ASKING YOU TO JUST HAVE A CONVERSATION WITH US ABOUT WHAT THE PRIORITY IS AND HOW HARD THE DECISIONS NEED TO MAKE AROUND THIS. AND I DON'T WANT THE STUDENTS TO SUFFER, BUT I ALSO DON'T THINK THE STUDENTS HAVE TO SUFFER. AND I KNOW YOU GUYS DON'T AGREE WITH ME TO MAKE TOUGH DECISIONS OR TOUGH CUTS IN OUR BUDGET. THERE'S A LOT OF PROGRAMS THAT COULD BE REDUCED OR ELIMINATED. THERE'S A LOT OF OTHER THINGS WE CAN DO BEFORE WE CUT STAFF. SO THAT'S MY OPINION. HAPPY TO CONTINUE THOSE CONVERSATIONS. AT THE END OF THE DAY, WE'RE ALL ABOUT STUDENT SUCCESS, THE REGENTS AND THE CHANCELLORS AND THE PRESIDENT. SO I THINK WE SHOULD HAVE THOSE CONVERSATIONS. I THINK THAT WE HAVE BEEN HAVING A LOT OF THIS CONVERSATION. I THINK THAT WE CAN CERTAINLY DO IT AGAIN. BUT WE MAY AGREE TO DISAGREE ON SOME OF THIS, BECAUSE I SEE THAT REAL CUTS WERE MADE LAST YEAR. AND I SEE THAT MORE CUTS ARE GOING TO NEED TO COME BECAUSE WE'RE BUILDING ALL OF OUR WORLD ON TWO THINGS SUCH ENROLLMENT AND TUITION [INAUDIBLE] THE CUTS ARE GOING TO HAPPEN WHETHER WE WANT THEM TO OR NOT. THAT'S PROBABLY THE THING THAT WORRIES ME THE MOST IS ENROLLMENT AND TUITION. WHEN EVERYTHING IS POINTING TO US, THAT HIGHER ED IS CHANGING. [04:55:01] THE GOVERNOR AND HIS STAFF WANT TO DO MONEY TOWARDS COMMUNITY COLLEGE EDUCATION INSTEAD OF FOUR YEAR AND RESEARCH KINDS OF THINGS. THE NUMBER OF HIGH SCHOOL STUDENTS ARE GOING DOWN. SO BUT I SEE THAT THERE'S NO MORE RESERVES. AND THE REASON THAT THERE'S NOT IS BECAUSE THEY'VE BEEN USED. AND I DON'T THINK THAT ANYBODY IS, IN FACT, SITTING HERE WITH REGARD TO WHERE WE'RE GOING. BUT LET'S HAVE THE CONVERSATION AGAIN, BECAUSE IT WILL MAKE US A BETTER BOARD IF WE UNDERSTAND AT THE END OF THE DAY, WE HAVE ALL OF THESE STATISTICS THAT SAY IT'S CHEAPER TO GET A CU DEGREE NOW THAN IT WAS IN TWENTY FOURTEEN. WE HAVE THESE STATISTICS THAT SAY THAT WE'RE EDUCATING STUDENTS FOR LESS. AT SOME POINT IN TIME WE EITHER HAVE TO SAY THOSE FACTS AND FIGURES ARE NOT TRUE OR THAT WE WANT TO CHANGE SOME THINGS AS WE MOVE FORWARD. BUT ALSO AT THE END OF THE DAY, WE MAY SAY WE CHOOSE TO AGREE TO DISAGREE THE DIFFERENT PHILOSOPHIES. BUT THERE IS NOTHING HERE RIGHT NOW THAT SAYS THAT WE SHOULDN'T THROW THESE KINDS OF IDEAS AND ACTIVITIES OUT AND DISCUSS THEM AS A BOARD OF REGENTS. AND YOU KNOW WHAT THIS IS A PRETTY GOOD DISCUSSION. WE HAVEN'T HAD A DISCUSSION LIKE [INAUDIBLE] A LONG TIME. I'M WONDERING IF ANYONE FROM CU DENVER IS STILL ON THE LINE AND CAN SPEAK TO WE HAVE THAT NEW RESIDENCE HALL THAT'S SLATED TO OPEN IN THE FALL. RIGHT. AND ARE WE GOING TO FILL IT? I DON'T KNOW. I'M CURIOUS ABOUT THAT. I THINK MICHELLE DROPPED OFF, BUT MAYBE WE CAN GET AN ANSWER TO THAT AT A LATER POINT IN TIME. I'M HAPPY TO GET AN UPDATE ON THAT FOR YOU. THANKS. SO LET'S TALK ANOTHER TOPIC OR TWO. I'M NOT AFRAID OF HAVING THOSE DISCUSSIONS AND THROWING THOSE FACTS AND FIGURES OUT. CHANCELLOR DISTEFANO, I MENTIONED THIS EARLIER IN OUR CONVERSATION THIS MORNING, BUT IT IS VERY NICE TO HAVE YOU BACK. THANK YOU. THANK YOU, REGENT KROLL, I APPRECIATE IT. IT'S GOOD TO BE BACK. PHIL YOU NEED TO GET A SIGN THAT SAYS I'M OK, RIGHT. IT'S THE NEW SLIMMED DOWN PHIL DISTEFANO TOO. I WAS JUST GOING TO YOU NEED TO COME DOWN TO GQ AND EAT SOME BARBECUE. BUT WE HAVEN'T HAD ANY REGENT. I'M GOING TO HOP OFF EVERYONE. OK, WHAT DID YOU SAY, PHIL. I JUST SAID WE HAVEN'T HAD ANY REGENT HAPPY HOURS, YOU KNOW, BEFORE, MISS THOSE. CHANCELLOR DISTEFANO ARE THEY GOING TO DO, I HAVEN'T FOLLOWED SPORTS MUCH AS I USED TO NOW THAT I HAVE A LITTLE ONE RUNNING AROUND. ARE THEY GOING TO DO THE PAC 12 TOURNAMENT THIS YEAR? YES. IT'S ON MY BUCKET LIST TO GO. AND, YOU KNOW, LAST YEAR COULD BE THE LAST YEAR THAT I GET THE CHANCE TO GO BECAUSE I DON'T THINK WE'RE GOING TO BE DOING MUCH IN PERSON THIS YEAR, SO. PHIL, ARE WE GOING TO LOSE RICK GEORGE TO THE PAC 12, NOT IF I CAN HELP IT. HOLD ON TIGHT. WELL, MAYBE THEY NEED HIM, HEIDI. WE NEED SOMEBODY, THAT'S FOR SURE. I KNOW, BUT I'M LIKE, I'M BEING SELFISH. I WANT TO KEEP THEM AT CU. ME TOO. SO CHAIR GALLEGOS IT LOOKS LIKE WE'RE LOSING REGENTS LEFT AND RIGHT. MIGHT WE. I WANT TO GIVE TWO THINGS HERE. ONE MARK KENNEDY THE LAST WORD, BUT ALSO LET JEREMY TALK ABOUT WHAT WE CAN EXPECT TOMORROW VERY QUICKLY AS WELL. THANK YOU, MR. CHAIR, SO I JUST SENT ALL OF YOU I JUST RESENT THE EMAIL THAT I SENT YOU LAST WEEK OUTLINING EXACTLY HOW THE PROCESS GOES TOMORROW. JUST IN A NUTSHELL, WE'LL MEET IN PUBLIC SESSION AND THERE'LL BE A MOTION TO GO INTO EXECUTIVE SESSION. ONCE IN EXECUTIVE SESSION THE ADMINISTRATION, REPRESENTED BY ATTORNEY ERIC WESTON, WHO YOU MET TODAY, AND MEGAN CLARK WILL PRESENT THE ADMINISTRATION'S CASE. PROFESSOR CRONON WILL HAVE THE OPPORTUNITY TO PRESENT HIS CASE. I AM JUST FORWARDING HIS MATERIALS TO YOU. AND HE CONFIRMED FOR US THAT HE'LL BE THERE. AND THEN THE PRIVILEGE AND TENURE COMMITTEE HAS REPRESENTATIVES WHO WILL GET A CHANCE TO GIVE THEIR VOICE. SO EACH SORT OF PARTY TO THE HEARING WILL HAVE AN HOUR AND YOU'LL HAVE A CHANCE TO DELIBERATE. AND IF YOU ARE READY TO MAKE A DECISION, WE CAN MOVE BACK INTO PUBLIC SESSION WHERE YOU CAN VOTE. SO THAT'S ABOUT IT. THE BIG THING IS THAT YOU HAVE ALL THE MATERIALS AND THE ENTIRE PRIVILEGE AND [05:00:04] TENURE RECORD ON THE SHAREPOINT SITE I'VE SENT YOU THE LINK. IF YOU HAVE ANY TROUBLE OPENING IT LET EFFIE OR I KNOW AND WE'LL MAKE SURE YOU CAN GET THERE. IN CASE YOU WANT TO REVIEW ANY OF IT. AND THEN WE'VE TRIED TO MAKE IT EASIER BY PUTTING TOGETHER A HEARING MEMO THAT TELLS YOU WHAT EXACTLY YOU NEED TO FOCUS ON IF YOU DON'T HAVE A CHANCE TO REVIEW THE ENTIRE RECORD. SO REALLY IT. OK, PRESIDENT KENNEDY, YOU WANT TO CLOSE HER UP HERE. AND THANK YOU, CHAIRMAN, I JUST WANT TO THANK THE FACULTY AND STAFF WORKING SO HARD TO BRING OUR STUDENTS BACK THIS FALL. I WANT TO AGREE WITH REGENT SMITH, THAT THE MORE VOICES WE CAN HAVE GETTING PEOPLE TO FOCUS BEYOND COMMUNITY COLLEGES, COMMUNITY COLLEGES ARE GREAT. BUT WE NEED OUR RESEARCH UNIVERSITIES THAT I WANT TO COMMEND THE BOARD FOR THE BUILDING NAMES, BECAUSE THAT WILL HAVE A SIGNIFICANT MILESTONE MOVING US FORWARD. AND I WANT TO SAY THAT WE'RE COMMITTED TO MAKING SURE THAT WE CONTINUE TO SHOW OUR APPRECIATION FOR THE LINIGER'S AS THAT BUILDING IS EVENTUALLY SOLD AND THOSE PROCEEDS ARE APPLIED TO MAKE SURE WE RECOGNIZE THE GENEROSITY THAT THEY'VE GIVEN US. SO THANKS TO THE REGENTS FOR A FULL DAY OF DEVOTION TO THE UNIVERSITY, THANKS FOR YOUR WORK. ENJOY WORKING WITH YOU AND LOOK FORWARD TO TOMORROW MORNING. I WOULD SAY IT'S BEEN A GREAT DAY, A GOOD EXECUTIVE SESSION THIS MORNING AND A REALLY GOOD BOARD MEETING. I THINK PRETTY HARD GETTING MR. WALKER, WHO IS JUST, BELIEVE ME, A TREAT TO LISTEN TO. BUT HE ACTUALLY HAD SOME POINTS THAT A LOT OF YOU WANTED TO KNOW ABOUT MATCH THAT REPORT THAT HE MENTIONED AND TALKED ABOUT. SO IT'S ALWAYS NICE TO HEAR FROM OUR PUBLIC AND OUR FOLKS. IT REALLY IS. AND WE HEARD FROM STUDENTS TODAY. SO I THINK IT'S BEEN A GREAT DAY AND I WOULD ENTERTAIN A MOTION TO ADJOURN. DO [INAUDIBLE] RECONVENE TOMORROW MORNING, IS THAT A SEPARATE MEETING JEREMY. YES. OK. YEAH, THAT'S A WHOLE DIFFERENT THING. AND I SUPPORT THIS MOTION TO ADJOURN. WHO SECONDED IT THEN. CHANCE SECONDED. OK, REGENT KROLL, REGENT ALL IN FAVOR SAY AYE. THANK YOU VERY MUCH, EVERYONE. * This transcript was compiled from uncorrected Closed Captioning.