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THE MEETING WILL COME TO ORDER.
[D. 1:00 p.m. THURSDAY, SEPTEMBER 7, 2023 - CALL TO ORDER/PUBLIC MEETING, Chair Rennison presiding - CU Denver Business School, Jake Jabs Event Center, 1475 Lawrence Street, Denver, CO 80202 (Large Conference Room on the First Floor)]
WELCOME, EVERYBODY.WE ARE LIVE STREAMING AND RECORDING OUR BOARD MEETING.
REGENT MCNULTY, WOULD YOU LEAD US IN THE PLEDGE OF ALLEGIANCE? YES. THANK YOU, MADAM CHAIR.
JOIN ME AS WE PLEDGE ALLEGIANCE TO OUR NATION'S FLAG.
THANK YOU. AND REGENT SMITH, COULD YOU READ THE LAND ACKNOWLEDGMENT, PLEASE?
[2. Land Acknowledgement Statement - Regent Smith]
YES. AS WE GATHER, WE HONOR AND ACKNOWLEDGE THAT THE UNIVERSITY OF COLORADO'S FOUR CAMPUSES ARE ON THE TRADITIONAL TERRITORIES AND ANCESTRAL HOMELANDS OF THE CHEYENNE ARAPAHO, UTE APACHE, COMANCHE, KIOWA, LAKOTA, PUEBLO AND SHOSHONE NATIONS.FURTHER, WE ACKNOWLEDGE THE 48 CONTEMPORARY TRIBAL NATIONS HISTORICALLY TIED TO THE LANDS THAT COMPRISE WHAT WE WHAT IS NOW CALLED COLORADO. 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 RECOGNIZE AND AFFIRM THE TIES THESE NATIONS HAVE TO THEIR TRADITIONAL HOMELANDS AND THE MANY INDIGENOUS PEOPLE WHO THRIVE IN THIS PLACE ALIVE AND STRONG.
WE ALSO ACKNOWLEDGE THE PAINFUL HISTORY OF ILL TREATMENT AND FORCED REMOVAL THAT HAS HAD A PROFOUNDLY NEGATIVE IMPACT ON NATIVE NATIONS.
WE RESPECT THE MANY DIVERSE INDIGENOUS PEOPLES STILL CONNECTED TO THIS LAND.
WE HONOR THEM AND THANK THE INDIGENOUS ANCESTORS OF THIS PLACE.
THE UNIVERSITY OF COLORADO PLEDGES TO PROVIDE EDUCATIONAL OPPORTUNITIES FOR NATIVE STUDENTS, FACULTY AND STAFF AND ADVANCE OUR MISSION TO UNDERSTAND THE HISTORY AND CONTEMPORARY LIVES OF NATIVE PEOPLES.
[3. Action Item: Approval of the September 7-8, 2023, Board of Regents Meeting Agenda]
IS THERE A MOTION? SECOND. MOVED BY REGENT SPIEGEL AND SECONDED BY REGENT MCNULTY TO APPROVE THE BOARD OF REGENTS MEETING AGENDA.IS THERE ANY DISCUSSION? OKAY. SEEING NONE.
ALL IN FAVOR OF APPROVING THE BOARD OF REGENTS MEETING AGENDA, PLEASE SAY AYE.
AYE. ANY OPPOSED? NO. SO, THE MOTION PASSES.
GENERALLY. NEXT, WE WOULD HAVE PUBLIC COMMENT.
BUT NOBODY HAS SIGNED UP FOR TODAY, SO WE'RE GOING TO JUST MOVE PAST THAT.
NEXT UP IS A RESOLUTION OF APPRECIATION FOR VENKAT REDDY, REGENT MONTERA.
[5. Action Item: Resolution of Appreciation for Venkat Reddy - Presented by Regent Montera]
WILL YOU PRESENT THE RESOLUTION, PLEASE? COUNCILMAN. THIS IS A RESOLUTION. RESOLUTION OF APPRECIATION FOR VENKATESHWAR REDDY.WHEREAS THE UNIVERSITY COMMUNITY AND THE GREATER COLORADO SPRINGS COMMUNITY VALUED HIS STEADY LEADERSHIP THROUGH THE CHALLENGING TIMES OF THE COVID 19 PANDEMIC, DURING WHICH HE PRIORITIZED THE HEALTH AND SAFETY OF ALL CAMPUS MEMBERS.
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GOVERNMENT AND TWO- AND FOUR-YEAR COLLEGES.WHEREAS CHANCELLOR REDDY PRESIDED OVER THE STRATEGIC ACADEMIC EXPANSION OF THE CAMPUS, INCLUDING INCREASES IN RESEARCH ACTIVITY LEADING TO AN R2 RESEARCH CLASSIFICATION AND THE ADDITION OF FIVE BACHELOR'S THREE MASTER'S AND FOUR DOCTORAL PROGRAMS, ONE BEING THE FIRST DOCTORAL DEGREE FOR THE COLLEGE OF BUSINESS AND ANOTHER BEING A COLLABORATION WITH THE ANSCHUTZ MEDICAL CAMPUS.
WHEREAS CHANCELLOR REDDY PRESIDED OVER THE CONTINUED GROWTH OF THE CAMPUS AND RECORD FUNDRAISING EFFORTS, INCLUDING AND LEADING TO THE OPENING OF MOUNTAIN LION PARK, MOUNTAIN LION FIELDHOUSE, UCCS DOWNTOWN CAMPUS, THE EXPANSION OF MOSAIC, THE LYDA HILL INSTITUTE FOR HUMAN RESILIENCE.
HYBL SPORTS MEDICINE AND PERFORMANCE CENTER.
THE T. ROWE PRICE CAREER AND INNOVATION CENTER.
THE KEVIN W O'NEILL CYBERSECURITY, EDUCATION AND RESEARCH CENTER, THE OLYMPIANS AND PARALYMPIANS AMONG US SCULPTURE AND THE NEARLY COMPLETE ANSCHUTZ ENGINEERING CENTER.
WHEREAS THESE TIRELESS EFFORTS HAVE FOREVER TRANSFORMED THE LIVES OF THOUSANDS OF STUDENTS AND THEIR FAMILIES, THUS MAKING A LONG-LASTING IMPACT ON THE VITALITY, CULTURE AND ECONOMIC STRENGTH OF SOUTHERN COLORADO AND THE ENTIRE STATE OF COLORADO.
NOW, THEREFORE, IT BE RESOLVED THAT THE BOARD OF REGENTS OF THE UNIVERSITY OF COLORADO EXPRESSES ITS DEEP GRATITUDE TO VENKAT REDDY FOR HIS LOYAL AND FAITHFUL SERVICE, LEADERSHIP AND OUTSTANDING CONTRIBUTIONS TO THE UNIVERSITY OF COLORADO, COLORADO SPRINGS, AND TO THE ENTIRE UNIVERSITY OF COLORADO SYSTEM IN THE CHANCELLOR ROLE.
FURTHER RESOLVED THAT VENKAT REDDY BE GRANTED THE TITLE OF CHANCELLOR EMERITUS OF THE UNIVERSITY OF COLORADO, COLORADO SPRINGS, IN RECOGNITION OF HIS SIGNIFICANT AND DISTINCTIVE SERVICE.
HEREBY ADOPTED BY THE UNIVERSITY OF COLORADO BOARD OF REGENTS THIS SEPTEMBER 7TH, 2023.
THEY MAKE A FEW COMMENTS? YES, PLEASE.
I FELT LIKE I MADE MORE FRIENDSHIPS WITH YOU ALL DURING THAT PROCESS AS WELL.
SO, I WANT TO START THANKING MY MOTHER, WHO HAS A MAJOR PRESENCE IN MY LIFE.
I WOULDN'T BE HERE WITHOUT HER SUPPORT AND BLESSING.
I'M ALSO GRATEFUL TO HAVE MY SISTER ANUJA, WHO IS VISITING FROM INDIA, MY MOTHER-IN-LAW, SULOCHANA, AND MY OTHER SON, MY SON IN LAW PARTH, HERE WITH ME TODAY, WHO ALSO HAVE BEEN MY CHEERLEADERS THROUGHOUT.
I COULDN'T HAVE DONE WHAT I DID WITHOUT ALL OF THEIR SUPPORT.
I'M GRATEFUL TO PHIL, DON, DOROTHY AND MICHELLE FOR THEIR FRIENDSHIP AND SUPPORT.
WE WENT THROUGH A LOT OF GOOD TIMES AND NOT SO GOOD TIMES, BUT WE STAYED TOGETHER.
I WANT TO FINALLY EXPRESS MY GRATITUDE TO ALL THE FACULTY, STAFF, STUDENTS AND ADMINISTRATORS AT UCCS, WHOM I HAD THE HONOR TO SERVE AS WELL AS THE MANY WONDERFUL LEADERS, ALUMNI AND THE COMMUNITY OF COLORADO SPRINGS.
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AS I WAS SHARING WITH SOMEONE, I DID MY PHD TO BECOME A FACULTY MEMBER, AND SOMEWHERE ALONG THE WAY I LOST MY WAY AND BECAME A DEAN FOR ABOUT 12.5 YEARS AND THEN CHANCELLOR FOR OVER SIX YEARS.SO NOW I'M FINDING MY WAY BACK.
SO NEXT YEAR, FALL, I'LL COME BACK TO THE CLASSROOM.
SO AGAIN, ONCE AGAIN, THANK YOU FOR THIS HONOR.
THANK YOU. IS THERE A MOTION TO APPROVE THE RESOLUTION? MOVED. SECOND.
GREAT. IT IS MOVED BY REGENT SPIEGEL AND SECONDED BY REGENT MONTERO TO APPROVE THE RESOLUTION.
IS THERE ANY DISCUSSION? SOMETIMES. VENKAT I JUST WANT TO TELL YOU HOW MUCH I APPRECIATE THE LEADERSHIP THAT YOU PROVIDED FOR SOUTHERN COLORADO AND UNIVERSITY OF COLORADO AT COLORADO SPRINGS.
YOU BROUGHT ME IN AS A ROOKIE.
YOU TAUGHT ME A LOT ABOUT WHAT IT'S LIKE TO BE AN EDUCATION, AND I'LL NEVER FORGET THAT.
I HOPE THAT OUR FRIENDSHIP CONTINUES.
AND IF THERE'S ANYTHING I CAN DO TO HELP SUPPORT YOU ALONG THE WAY, DON'T HESITATE TO CALL ME.
GREAT, VENKAT. I JUST WANTED TO THANK YOU SO MUCH.
AND AS I HEAR YOU TALKING ABOUT THAT FULL CIRCLE MOMENT, YOU KNOW, WE HEARD IN THE RESOLUTION ALL THE AMAZING WORK YOU'VE DONE, PARTNERING WITH THE UNIVERSITY OF COLORADO AT COLORADO SPRINGS AND THE COLORADO SPRINGS COMMUNITY AND SOUTHERN COLORADO.
I THINK THE LIVES THAT YOU'VE INSPIRED AND CHANGED THROUGH YOUR VISION OF WHAT AN EDUCATION CAN DO IS WONDERFUL AND SO GRATEFUL TO CALL YOU A FRIEND AND LOOK FORWARD TO CONTINUING TO SEE YOU AND LATA AND YOUR FAMILY.
AND THANK YOU SO MUCH FOR ALL YOU'VE DONE TO INSPIRE SO MANY STUDENTS AND TO CONTINUE TO DO SO.
VENKAT, I'VE APPRECIATED SEEING YOU BEFORE.
YOU WERE THE CHANCELLOR AND SUPPORTING YOU DURING THE YEARS THAT YOU WERE A CHANCELLOR.
NOW THAT YOU'RE NOT CHANCELLOR, I WILL EXPECT THAT MOTORCYCLE TRIP TO GRAND JUNCTION.
AND, YOU KNOW, THE OTHER THING THAT WE DIDN'T DO WAS WE DIDN'T GET TO A BASEBALL GAME.
THANKS FOR ALL YOUR HARD WORK.
THANK YOU. REGENT GALLEGOS CHANCELLOR MARKS VENKAT, YOU WERE THE VERY FIRST PERSON THAT I MET AT THE UNIVERSITY OF COLORADO BECAUSE YOU CHAIRED MY SEARCH COMMITTEE IN THE WINTER OF 2020, AND IT WAS PRETTY COVID, OR AT LEAST WHEN WE WERE ELBOW BUMPING AND, AND YOU WELCOMED ME.
AND I FEEL LIKE YOU'VE WELCOMED ME OVER THE LAST THREE PLUS YEARS TOGETHER AS A FRIEND, AS A COLLEAGUE, AS SOMEBODY TO CALL WHEN WE JUST WANTED TO TALK THINGS THROUGH. SO EVEN THOUGH OUR TIME TOGETHER AS CO CHANCELLORS IS COMING TO AN END, OUR FRIENDSHIP WILL NOT.
THANK YOU FOR EVERYTHING THAT YOU'VE GIVEN TO ME AS A COLLEAGUE AND A FRIEND.
WE'VE WORKED TOGETHER NOW FOR A NUMBER OF YEARS.
AND YOU'VE BEEN A GREAT PARTNER.
YOU HAVE TO PROMISE ME THAT IF I COME AND JOIN YOU FOR COLORADO AT COLORADO SPRINGS, WE DON'T HAVE TO GO BACK TO THE, WHAT WAS THE NAME OF IT? THE RESTAURANT, THE CASBAH CAFE OR THE SERVICE.
THAT'S REFERRING TO A RATHER INFAMOUS DINNER THAT THERE ARE STORIES ABOUND.
BUT ANYWAY, YOU'VE BEEN A GREAT FRIEND AND I WISH YOU NOTHING BUT THE BEST.
AND IF THERE'S ANYTHING WE CAN EVER DO AT SHOOTS, DON'T HESITATE TO ASK.
CHANCELLOR SOBHANI FIRST AND THEN YOU.
I JUST WANT TO SAY TO YOU, VENKAT, THANK YOU SO MUCH FOR YOUR FRIENDSHIP OVER THE PAST SIX YEARS WHEN WE'VE WORKED TOGETHER THROUGH COVID, THROUGH ONLINE, THROUGH BUDGET MODELS, THROUGH ALL SORTS OF THINGS BETWEEN CU, DENVER AND UCS.
[00:15:06]
YOU ARE TRULY INCREDIBLE.AND WE HEARD THAT IN THE RESOLUTION THAT WAS JUST READ ABOUT YOUR ACCOMPLISHMENTS IN THE SIX YEARS THAT YOU WERE CHANCELLOR AND OF COURSE THE YEARS PRIOR AND YOUR OTHER ROLES. AND I JUST WANT TO SAY THANK YOU FOR THE FRIENDSHIP AND THE PARTNERSHIP AND WISHING YOU THE VERY BEST.
THANK YOU, JENNIFER AND VENKAT, I WANT TO BEGIN BY THANKING YOU FOR YOUR LEADERSHIP DURING ONE OF THE MOST DIFFICULT TIMES WE ALL FACED GOING THROUGH COVID AND HOW YOU APPROACHED COVID WITH YOUR FACULTY AND YOUR STUDENTS AND YOUR STAFF.
AND THAT TOOK REAL LEADERSHIP AND COURAGE.
I ALSO THANK YOU FOR YOUR FRIENDSHIP AND LOOK FORWARD TO CONTINUING YOUR FRIENDSHIP.
WHEN I'M IN COLORADO SPRINGS, DON, I'M GOING TO GO TO THAT RESTAURANT BECAUSE IT'LL ONLY BE THE TWO OF US, YOU KNOW? BUT THANK YOU SO MUCH.
I'D JUST LIKE TO SAY I'M THANKFUL EVERYBODY SPOKE BEFORE ME SO I CAN BE COMPOSED.
IT'S THE EARLIEST I'VE EVER CRIED IN A MEETING.
AND SO, WE'RE INCREDIBLY GRATEFUL FOR YOUR FOR YOUR FOR YOUR SERVICE.
AND THOSE 32 YEARS ARE GOING TO CONTINUE.
AND AND I THINK I'M NOT SURE IF LEONARD HAS BEEN HERE THAT LONG.
BUT NO, I THINK YOU HAVE THE RECORD IN THE ROOM, ACTUALLY.
AND SO WHAT WHAT WHAT HAS NEVER VEERED OVER THOSE YEARS IS YOUR INCREDIBLE COMMITMENT TO UX AND TO THE AND ESPECIALLY TO THE STUDENTS OF UX.
I MEAN IT WHEN WHEN PEOPLE LISTEN TO YOU TALK, IT ALWAYS COMES THROUGH YOUR YOUR DEEP APPRECIATION AND COMMITMENT TO THE STUDENTS AND TO THE FACULTY AND THE STAFF AND ALSO TO THE COMMUNITY.
I OFTEN WILL TALK ABOUT WHEN I'M IN COLORADO SPRINGS, I'LL TALK ABOUT HOW THERE'S THIS SPECIAL RELATIONSHIP BETWEEN UX AND THE COMMUNITY THAT THAT IT'S MORE OF A KIND OF A FAMILY AND YOU'RE PART OF WHAT MADE THAT MADE THAT POSSIBLE AND CONTINUE TO ELEVATE THAT RELATIONSHIP OVER TIME.
AND SO I'M INCREDIBLY GRATEFUL FOR FOR TO YOU FOR THAT DEEP, DEEP COMMITMENT AND YOUR ONGOING DEDICATION AND LOVE AFFAIR WITH WITH THE UNIVERSITY OF COLORADO, COLORADO SPRINGS.
SO THANK YOU FOR FOR YOUR FOR YOUR SERVICE.
AND AND WE LOOK FORWARD TO TO SEEING TO TO TO SEEING WHAT THAT NEXT STEP LOOKS LIKE IN THE CLASSROOM AND AND AND THE LUCKY STUDENTS WHO GET TO LEARN FROM YOU.
SO THANK YOU. THANK YOU, TODD.
AYE. ANY OPPOSED? THE MOTION PASSES.
THANK YOU ONCE AGAIN. APPRECIATE IT.
GREAT. THE NEXT ORDER OF BUSINESS IS THE CHAIR'S REPORT.
YEAH. ELIZABETH, COULD WE DO A QUICK PICTURE? GREAT.
[00:22:23]
MIC].SO NEXT UP IS THE CHAIR'S REPORT.
[E. 1:45 p.m. CHAIR AND PRESIDENT REPORTS]
NOT AS EXCITING AS APPRECIATING VENKAT, BUT NONETHELESS.SO, AFTER A PRODUCTIVE RETREAT IN JULY, IT'S BEEN REALLY GOOD TO GATHER AGAIN AS A BOARD, PARTICULARLY AT THE BEGINNING OF A NEW YEAR, AND IT'S THE FIRST BOARD MEETING THAT I'M SERVING AS CHAIR. I FEEL REALLY HONORED, ESPECIALLY AS A CU DENVER FACULTY MEMBER.
I KNOW IT WAS A LARGE TEAM, SO THANK YOU.
[00:25:08]
WITH TENS OF THOUSANDS OF PEOPLE CONVERGING IN OUR FOUR CAMPUSES, THE FALL SEMESTER IS OFF TO A GREAT START AFTER A TERRIFIC AND BUSY SUMMER AT CU.SO WHAT HAVE THE REGENTS BEEN DOING THIS SUMMER? A LOT. THE REGENTS KICKED OFF OUR SUMMER OUTREACH TOUR IN MAY WITH A VISIT TO COLORADO'S EASTERN PLAINS.
IN JUNE, I JOINED REGENTS MONTEIRO, GALLEGOS AND OTHER LEADERS, FACULTY AND STUDENTS ON A TOUR OF COMMUNITIES IN SOUTHERN COLORADO THAT INCLUDED VISITS TO PUEBLO, PUEBLO, WEST CANYON CITY, FLORENCE WALSENBURG, LA VETA AND TRINIDAD.
AND JUST LAST WEEK I JOINED PRESIDENT SOLOMON REGENT CHAVEZ, MONTARA SMITH, CHANCELLOR MARKS, CHANCELLOR DISTEFANO AND OTHERS AS WE VISITED SEVERAL COMMUNITIES IN SUMMIT LAKE AND EAGLE COUNTIES.
ON ALL OF THESE OUTREACH TRIPS, WE MET WITH COMMUNITY LEADERS, PUBLIC SCHOOL ADMINISTRATORS, ELECTED OFFICIALS, HEALTH CARE PROVIDERS, BUSINESS LEADERS AND STUDENTS AND FAMILY. THESE TRIPS ARE INCREDIBLY VALUABLE OPPORTUNITIES FOR US TO CONNECT WITH COMMUNITIES ACROSS THE STATE, TO STRENGTHEN EXISTING RELATIONSHIPS AND TO BUILD NEW CONNECTIONS. OUR OUTREACH WORK ALLOWS US TO ENGAGE DIRECTLY WITH COLORADANS AND LEARN HOW WE CAN BETTER SERVE THEIR NEEDS WHILE ALSO EDUCATING THEM ABOUT CU, WHAT WE OFFER AND THE INCREDIBLE THINGS HAPPENING ON ALL OF OUR CAMPUSES.
ALL OF YOU DO AN OUTSTANDING JOB ORGANIZING OUTREACH EFFORTS AND I REALLY APPRECIATE IT.
AND THERE ARE A LOT OF FUN TOO.
AN ALUMNUS OF THE LATINO LEADERSHIP INSTITUTE, TONY WILL RECEIVE THE INSTITUTE'S INFLUENCE AWARD IN RECOGNITION OF HIS LEADERSHIP AND EFFORTS TO DRIVE POSITIVE CHANGE IN THE LATINO COMMUNITY ACROSS COLORADO.
TONY WILL BE HONORED AT AN AWARDS GALA ON SEPTEMBER 14TH AT EMPOWER FIELD AND WILL ALSO BE FEATURED ON DENVER SEVEN THROUGHOUT HISPANIC HERITAGE MONTH, WHICH BEGINS SEPTEMBER 15TH. CONGRATULATIONS, TONY.
BUT THE CONGRATULATIONS DON'T END THERE.
WHERE IS SHE? SHE'S BEING POWERFUL.
NO, WAIT. START OVER. START OVER.
GREAT. SO, ADDITIONAL CONGRATULATIONS.
THIS WELL-DESERVED HONOR CELEBRATES REGENT JAMES LEADERSHIP, SUCCESS, VISION AND MANY CONTRIBUTIONS TO THE COMMUNITY AND THE STATE, INCLUDING PAVING THE WAY FOR OTHER WOMEN LEADERS. CONGRATULATIONS, WANDA.
OH, SURE, YOU COULD DO IT, TOO.
SO GOOD. WE APPRECIATE YOU AND ALL YOU DO.
THANK YOU. THANK YOU. CONGRATULATIONS.
LAST MONTH. ALSO, REGENT MONTERREY CO-HOSTED A SUCCESSFUL EVENT IN COLORADO SPRINGS WITH REGENT EMERITUS KYLE HYBL AND THE EL POMAR FOUNDATION SHOWCASING CU CENTER FOR COMBAT MEDICINE AND BATTLEFIELD RESEARCH AND ITS WORK TO SAVE AND IMPROVE LIVES ON THE BATTLEFIELD AND AT HOME.
THE EVENT DREW MANY COMMUNITY MEMBERS IN ADDITION TO LEADERS IN BUSINESS AND THE BROADER COMMUNITY.
CONGRATULATIONS. THIS SUMMER ALSO MARKED THE ANNOUNCEMENT THAT CU WOULD BE MOVING FROM THE PAC 12 CONFERENCE TO THE BIG 12 IN 2024.
THE MOVE COMES AFTER A UNANIMOUS VOTE BY THE REGENTS.
WE'RE EXCITED ABOUT WHAT THE FUTURE HOLDS FOR BOULDER ATHLETICS.
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AND IF YOU DIDN'T KNOW THE BUFFS UPSET TCU IN TEXAS ON SEPTEMBER 3RD AND WHAT WAS THE BEST FOOTBALL GAME I'VE EVER WATCHED IN MY LIFE? CONGRATULATION BUFFS.IN ADDITION, A BIG SHOUT OUT TO THE CLUB SPORTS STUDENTS ON ALL OF OUR CAMPUSES.
I WANTED TO NOTE SOME THINGS THAT YOU COULD ATTEND.
BUFFS FOOTBALL PLAYS NEBRASKA THIS WEEKEND.
YOU CAN GO IF YOU CAN GET A TICKET.
BUFF WOMEN'S SOCCER PLAY NEW MEXICO TONIGHT.
BUFFS WOMEN. VOLLEYBALL PLAYS KANSAS TOMORROW IN THE WICHITA STATE INVITATIONAL AT UCCS.
WOMEN'S SOCCER IS PLAYING IN WESTERN OREGON TONIGHT.
AND UCCS MEN'S SOCCER IS PLAYING SAINT EDWARD'S LATER THIS AFTERNOON.
I HOPE YOU GUYS CAN ATTEND SOME OF THESE EVENTS AND SUPPORT OUR STUDENTS.
BEFORE I TURN THINGS OVER TO PRESIDENT SOLOMON FOR HIS REPORT, I WANT TO THANK MY COLLEAGUES ON THE BOARD FOR THEIR SERVANTS SERVICE ON OUR GOVERNANCE, FINANCE, UNIVERSITY AFFAIRS AND AUDIT COMMITTEES.
AND SO I ADD MY MY CONGRATULATIONS TO REGENT VAN DRIEL AND YOUR FAMILY.
SO CONGRATULATIONS TO YOU AND TO REGENT JAMES.
CONGRATULATIONS TO YOU ON YOUR HONOR AND YOUR BEAUTIFUL FLOWERS.
YES. AND TO TONY, WHO DIDN'T GET FLOWERS.
I NOTICED. BUT BEAUTIFUL POCKET SQUARE THERE, MAN.
AND CONGRATULATIONS TO YOU AS WELL.
THIS IS THIS THIS IS TRULY A SPECIAL TIME.
AND I FORGOT TO PRESS PRINT ON MY COMPUTER THIS MORNING.
SO, I'M LOOKING AT MY SCREEN HERE A LITTLE BIT.
BUT AND IT'S BEEN A REALLY AWESOME SUMMER AS RENNISON DISCUSSED, WE'VE HAD THREE GREAT OUTREACH TRIPS AND I'M SO THRILLED THAT THAT WE'RE CONTINUING OUR SUMMERTIME TRADITION OF GOING OUT AND CONNECTING WITH DIFFERENT PARTS OF COLORADO.
THE LAST TRIP TO THE MOUNTAIN COMMUNITIES WAS IT JUST ENDED, AND WE WERE TALKING ABOUT IT.
WE ALL KEEP ON TALKING ABOUT IT BECAUSE IT WAS SUCH A GREAT TRIP.
AND IT WAS A WONDERFUL EXAMPLE OF HOW OUR OUTREACH CAN ENGAGE SO MANY PIECES OF THE CAMPUS OF THE CU COMMUNITY TO REALLY ADD VALUE TO THE WORK WE DO.
WE ALSO AND THESE AND OUR OUTREACH WORK OF COURSE CONTINUES THROUGHOUT THE YEAR AND THEY'RE JUST NOT MULTI-DAY TRIPS, BUT EVERY DAY WE'RE WORKING TO MAKE SURE THAT WE'RE MAINTAINING AND BUILDING CONNECTIONS WITH THE PEOPLE OF COLORADO SO THAT WE CAN DELIVER ON OUR GOALS, WHICH IS TO REFLECT THE DIVERSITY OF COLORADO AND TO REALLY CONNECT WITH THE PEOPLE OF COLORADO AND LISTEN TO WHAT THEY WANT FROM US AND ALSO SHARE WITH THEM WHAT WE CAN PROVIDE FOR THEM AND TO SHOW THE PEOPLE OF COLORADO THAT THERE IS A PLACE FOR THEM HERE AT THE UNIVERSITY OF COLORADO.
SO, YOU ALL MIGHT HAVE SEEN OR MAYBE YOU WILL SEE THAT THERE'S A GREAT ARTICLE IN CU CONNECTIONS TODAY ABOUT THE RECENT SUPREME COURT DECISION AND THE IMPACT WE THINK IT WILL AND WON'T HAVE ON THE UNIVERSITY OF COLORADO.
SO PLEASE TAKE A LOOK AT THAT.
I THINK THAT THAT THERE THERE'S A PERCEPTION OUT THERE OF WHAT THE IMPACT OF THAT SUPREME COURT DECISION WILL BE ON THE UNIVERSITY OF COLORADO.
AND THE ACTUAL IMPACT IS QUITE DIFFERENT.
AND OUR COMMITMENT WILL NOT WANE.
AND AND WE WILL THEY WILL CONTINUE TO THRIVE.
SO, PLEASE TAKE A LOOK AT THAT.
AND PLEASE SPREAD THE WORD THAT THAT THAT WE ARE WE ARE DOING EVERYTHING THAT WE CAN TO TO MAKE PROGRESS IN THAT SPACE.
A COUPLE OTHER THINGS I JUST WANTED TO ANOTHER CELEBRATION IS SPACE COMMAND.
[00:35:05]
I LOVE THAT SPACE COMMAND IS STAYING IN COLORADO AND IT IS THE ULTIMATE EXAMPLE OF WHAT BIPARTISANSHIP CAN PRODUCE.SO, OUR ENTIRE CONGRESSIONAL DELEGATION, WHILE THEY DON'T AGREE ON MUCH, THEY ALL AGREED ON THIS.
AND WE HAD UNANIMOUS SUPPORT FROM THEM AND FROM BUSINESS COMMUNITY AND CAMPUSES AROUND THE STATE.
SO, CONGRATULATIONS TO ALL OF US BECAUSE WE'RE AWESOME.
AND WE GOT THAT DONE. THANK GOODNESS.
ANOTHER THING I JUST WANTED TO MENTION THAT IS ALSO SOMETHING THAT YOU'LL BE HEARING MORE ABOUT IS A RENEWED PARTNERSHIP WITH THE DANIELS FOUNDATION. AND WE RECENTLY ENTERED INTO AN MOU WITH DANIELS TO BRING CLARITY AS TO HOW OUR RELATIONSHIP IS GOING TO WORK IN THE FUTURE SO THAT WE CAN GUARANTEE THAT THE STUDENTS WHO RECEIVED DANIELS SCHOLARSHIPS ALL GET THEIR ENTIRE COST OF ATTENDANCE COVERED ON ALL OF OUR CAMPUSES.
AND ESPECIALLY THANK YOU TO DANIELS, BECAUSE THEY'RE THE ONES WHO ARE MAKING THIS A PRIORITY.
BUT THE ANSCHUTZ ACCELERATION INITIATIVE IS GOING REALLY WELL.
AND AND I THINK THAT YOU YOU HAD ABOUT 3 OR 4 TIMES MORE APPLICANTS THAN YOU EXPECTED AND THAT THE EXTRAORDINARY CREATIVITY AND BIG THINKING THAT'S COMING OUT.
SHE'S CAMPUS NEVER CEASES TO AMAZE ME.
WE HEARD A LITTLE BIT ABOUT ABOUT CU BOULDER ATHLETICS.
YOU KNOW, PEOPLE ARE TALKING A LITTLE BIT ABOUT FOOTBALL THESE DAYS.
AND SO, WE'RE ALL LOOKING FORWARD TO SATURDAY.
BUT SO, I'M SO GRATEFUL THAT REGENT RENNISON MENTIONED THE OUTSTANDING PERFORMANCE IN SO MANY OF OUR SPORTS AND THE OTHER THE OTHER GAME, THE OTHER SPORTS DON'T GET QUITE AS MUCH OF ATTENTION, BUT THOSE ATHLETES WORK JUST AS HARD AND THEY ARE FUN AND EXCITING TO WATCH.
AND SO PLEASE, I ENCOURAGE YOU ALL TO GO AND WATCH A VOLLEYBALL GAME OR TWO BECAUSE THOSE ARE ACTION PACKED FUN THINGS TO WATCH AND AND SOCCER AS WELL AND SO MANY OTHER SPORTS ON BOTH CAMPUSES.
AND SINCE WE'RE IN MICHELLE'S HOUSE, WE WILL HAND IT OVER TO YOU FIRST.
THANK YOU. WELL, WELCOME, REGENTS, TO BACK TO DENVER.
WE'RE DELIGHTED TO HAVE YOU HERE.
EVERY YEAR WE DO SOMETHING CALLED BLOCK PARTY, WHICH BRINGS OUT OUR STUDENTS AND OUR STAFF AND OUR FACULTY AND OUR HULK AND OUR COMMUNITY TOGETHER TO TO CELEBRATE AND INTRODUCE OUR STUDENTS TO ALL OF THE THINGS THAT WE HAVE TO OFFER.
AND IT WAS INCREDIBLE THE ENERGY THIS YEAR.
I THINK A FEW OF US WERE TALKING ABOUT THAT EARLIER.
PEOPLE ARE ON CAMPUS AND PEOPLE ARE EXCITED TO BE BACK AND THEY'RE EXCITED TO BE CONNECTING.
ON MOVE IN DAY, WHICH WAS THREE PLUS WEEKS AGO FOR US.
WE WELCOMED HUNDREDS OF NEW STUDENTS INTO CITY HEIGHTS.
WE ALSO HAD NEW FACULTY ORIENTATION AND WE WELCOMED 40 NEW TENURE TRACK AND ERC FACULTY AND MORE THAN 150 LECTURERS TO CU DENVER.
AND WE'VE HAD A NUMBER OF DIFFERENT EVENTS TO RECOGNIZE AND MEET THEM.
AND I SPOKE IN AT PROVOST NAKAYAMA SPOKE AND OUR SENIOR VICE CHANCELLOR, SNOWDEN SPOKE.
[00:40:04]
LAUREATE OF AURORA, COME BACK ON CAMPUS.SHE WAS AN ENGLISH MAJOR HERE AND SPEAK TO OUR NEW STUDENTS.
THE LAST THING I'LL JUST SAY IS WE SEE YOU, DENVER GOT NOTICE AT THE END OF LAST SEMESTER THAT WE ARE THE FIRST CAMPUS IN THE ENTIRE MULTI STATE ROCKY MOUNTAIN REGION TO ACHIEVE SOMETHING CALLED AN APEC, WHICH IS ASIAN AMERICAN PACIFIC AND NATIVE AMERICAN PACIFIC ISLANDER DESIGNATION STATUS FROM THE DEPARTMENT OF EDUCATION.
AND NOT ONLY DOES THIS MAKE US AND BY THE WAY, THIS IS CU, DENVER AND ANSCHUTZ TOGETHER, IT NOT ONLY MAKES US ELIGIBLE FOR GRANTS THAT ARE ONLY AVAILABLE FOR THOSE WHO HAVE THIS DESIGNATION, BUT MOST IMPORTANTLY, IT WILL HELP US CREATE MORE PROGRAMING TO SUPPORT OUR STUDENTS BETTER.
AND WE'RE HAVING A CELEBRATION WHICH YOU'RE ALL INVITED TO ON OCTOBER 10TH IN THE MORNING, I THINK, OVER AT LOWELL AND ROB SALAZAR WELLNESS CENTER TO APPRECIATE THE DESIGNATION. SO THANK YOU.
THANK YOU VERY MUCH. AND CHANCELLOR ELLIMAN.
THANK YOU, MR. PRESIDENT. YOU KNOW, OUR STUDENTS START BACK IN JULY.
SO BUT IT IS GREAT TO HAVE THE CAMPUS BACK AND FULLY ROLLING.
AND AS MICHELLE SAID, AND I KNOW OTHERS WILL, THE ENERGY LEVEL IS REALLY COMING BACK.
WE'RE WE'RE STILL, I THINK, STRUGGLING TO GET THE SPIRIT BACK TO THE PRE-COVID LEVELS.
BUT WE'RE GETTING CLOSER AND I FEEL VERY GOOD ABOUT THAT.
SINCE THE LAST REGENT MEETING, WE'VE CLOSED OUR BOOKS AND WE HAD A PRETTY GOOD YEAR LAST YEAR.
WE TICKED OVER 700,000,000IN NEW RESEARCH AWARDS, WHICH WAS A NEW NUMBER FOR US.
AND IF YOU ACTUALLY THAT DOESN'T INCLUDE GIFTS.
WE'RE A LITTLE OVER 800 MILLION.
AND SO THAT'S THE RESEARCH ENTERPRISE, WHICH IS REALLY CRITICAL.
AND THE INTENTION WAS TO GO OUT TO THE FACULTY OF ALL THE SCHOOLS ON CAMPUS FOR IDEAS THAT COULD COULD ACTUALLY BE TRANSLATIONAL IN THE EYE, IN THE CLINIC OR AFFECTING CARE WITHIN 3 TO 5 YEARS WE THOUGHT WE WOULD GET.
AND THE IDEA WAS THAT WE WERE GOING TO PICK SOMEWHERE BETWEEN 3 AND 7 TO SUPPORT WITH, YOU KNOW, 5 TO 10,000,000 MILLION GRANTS EACH. WE THOUGHT WE'D GET 30 APPLICATIONS AND WE GOT 170.
SO WE'RE WE'RE NOW WE'VE CALLED THAT DOWN TO 70.
BUT SOME OF US HAVE THE DUBIOUS PLEASURE OF ON OCTOBER 14TH, THE TEN PAGE PROPOSALS ARE DUE, WHICH IF I DO THE MATH, MEANS I'VE GOT 800 PAGES OF READING TO DO BETWEEN THEN AND THE AND EARLY NOVEMBER TO BE ONE OF THE PEOPLE WHO WILL BE PICKING THE THE NEXT COUPLE LEVEL.
WE'RE GOING TO THEN GET IT DOWN TO 30 OR 35 AND BRING IN AN OUTSIDE GROUP TO TO VET THEM.
BUT IT'S PRODUCED AN ENORMOUS AMOUNT OF ENERGY ON THE CAMPUS.
IT'S BEEN A LOT OF FUN TO BE A PART OF, AND IT'S MADE A FEW PEOPLE KIND OF UNHAPPY.
IT'S REALLY IT'S BEEN A GREAT THING TO DO.
AND I THINK WE'RE WE'RE CONTINUING THAT MOMENTUM.
I FEEL PRETTY GOOD ABOUT WHERE WE ARE.
THANK YOU. THANK YOU, CHANCELLOR DISTEFANO.
AND THANK YOU, PRESIDENT SULLIVAN.
SO I'M GOING TO DEVIATE FROM ENROLLMENT AND SO ON.
AND SO, I'LL BRIEFLY TALK ABOUT THOSE TWO AND IF THERE ARE ANY QUESTIONS, I'M HAPPY TO ANSWER THEM.
SO, THE MAJOR COMMITTEE RIGHT NOW AT THE NCAA IS THE TRANSFORMATION COMMITTEE, AND THE TRANSFORMATION COMMITTEE IS LOOKING AT THREE MAJOR AREAS ELEVATING FOR SUPPORT, ELEVATING SUPPORT FOR STUDENT ATHLETES, MENTAL, PHYSICAL AND ACADEMIC WELL-BEING, ENHANCING THE DIVISION ONE CHAMPIONSHIP
[00:45:07]
EXPERIENCE FOR STUDENT ATHLETES, AND BUILDING A FASTER, FAIRER AND MORE EQUITABLE DIVISION ONE AND FOR THE AREAS OF MENTAL AND PHYSICAL HEALTH.CU BOULDER DOES AN INCREDIBLE JOB IN THE SUPPORT OF OUR STUDENT ATHLETES, AND FOR MANY OF THE CHANGES THAT HAVE BEEN ENACTED BY THE TRANSFORMATION COMMITTEE SO FAR OR THAT WILL COME IN THE FUTURE, WE'RE ALREADY DOING ALL THIS, AND WE CAN DO MORE FOR OUR STUDENTS AND HAVE ONLY TO MAKE SIMPLE, SIMPLE SHIFTS, SHIFTS AND PROCESSES.
ALSO, THERE'S A GOAL OF ABOUT MEMBERSHIP EXPECTATION FOR EDUCATION AND PROGRAMING IN SPECIFIC AREAS.
SO, FOR EXAMPLE, CU IS ALREADY AHEAD OF OUR PEERS IN THE AREAS OF MENTAL HEALTH, STRENGTH AND CONDITIONING, NUTRITION, NAME, IMAGE AND LIKENESS, FINANCIAL LITERACY TRANSFER REQUIREMENTS, CAREER PREPARATION, DIVERSITY, EQUITY AND INCLUSION AND BELONGING AND SEXUAL VIOLENCE PREVENTION.
NOW, ONE OF THE ONE OF THE AREAS, A DIFFERENT ORGANIZATION.
SO, YOU HAVE TO REALIZE THE KNIGHT COMMISSION IS DIFFERENT FROM THE NCAA AND THEIR RECOMMENDATIONS THAT CAME OUT JUST A FEW A FEW WEEKS AGO IS ALLOWING COLLEGE ATHLETES TO EARN COMPENSATION FROM THIRD PARTIES FOR THE USE OF THEIR NAME, IMAGE AND LIKENESS.
THAT'S SOMETHING THAT'S DONE WITH THE NCAA CHANGING THE NCAA'S REVENUE DISTRIBUTION SYSTEM.
ONE OF THE THINGS THAT YOU SHOULD KNOW ABOUT THE NCAA, THEIR ONLY SOURCE OF REVENUE AND IT'S A LOT IT'S $1 BILLION, BUT THEIR ONLY SOURCE OF REVENUE COMES FROM MARCH MADNESS FROM BASKETBALL.
THAT'S THEIR ONLY SOURCE OF REVENUE.
SO, THERE'S THE NCAA DOESN'T USE ANY I MEAN, THEY DON'T SPONSOR BOWL GAMES.
THEY'RE NOT A PART OF THE COLLEGE FOOTBALL PLAYOFFS.
SO, WHEN THE KNIGHT COMMISSION TALKS ABOUT CHANGING THE REVENUE DISTRIBUTION, IT ALL GOES TO THE SCHOOLS AND UNIVERSITIES AND COLLEGES IN EACH OF THE DIVISIONS ONE, TWO AND THREE, AND THAT'S IT.
RECOGNIZING NCAA DIVISION ONE GOVERNANCE AND ADOPTING PERFORMANCE GOVERNANCE PRINCIPLES TO MAINTAIN COLLEGE ATHLETICS AT A PUBLIC TRUST.
AND SO, AS I MENTIONED, NIL IS ALLOWED.
IT'S, AS I MENTIONED, THE ONLY SOURCE OF REVENUE IS MARCH MADNESS, THE COLLEGE FOOTBALL PLAYOFF.
THERE IS NO REVENUE THAT COMES TO THE NCAA.
THE GOVERNANCE IS CURRENTLY UNDER REVIEW BY THE TRANSFORMATION COMMITTEE.
SO THAT IS SOMETHING THAT THE NCAA IS LOOKING AT.
IF WE CAN MOVE THE TRANSFORMATION COMMITTEE FORWARD, WHICH I BELIEVE WE CAN, AND HERE AT CU BOULDER, WE DO ALL THAT WE CAN IN THE BEST INTEREST OF OUR STUDENT ATHLETES WELL-BEING.
AND CHANCELLOR SOBHANI, THANK YOU.
I'VE BEEN ON THE UCS CAMPUS FOR ALMOST TWO MONTHS NOW, SO HAVE PROBABLY A SHORT REPORT TO GIVE.
IT'S BEEN AN INCREDIBLE START TO THE SEMESTER.
THE ENERGY ON CAMPUS HAS JUST BEEN PHENOMENAL.
JUST LIKE CHANCELLOR MARKS WAS TALKING ABOUT THAT.
WE'RE BACK AND STUDENTS ARE BACK.
WE ARE SEEING A SLIGHT INCREASE IN OUR ENROLLMENT, AND THAT IS BECAUSE OF THE INCREDIBLE WORK THAT OUR FACULTY, STAFF AND STUDENTS HAVE DONE OVER THIS SUMMER AND OVER THE PAST YEAR TO BRING MORE STUDENTS TO CAMPUS, WHETHER THAT'S PHONE CALLS TO FRIENDS, PHONE CALLS TO FROM OUR FACULTY TO STUDENTS OR THE REALLY DEEP, DEEP WORK THAT OUR STAFF DOES.
AND SO, I'M GRATEFUL FOR THAT.
WE ALSO HAVE KICKED OFF THIS YEAR WHAT WE CALL OUR TAP, THE TEXTBOOK AFFORDABILITY AND ACCESS PROGRAM, WHICH HAS BEEN AN INCREDIBLE SUCCESS FOR US AND MUCH BETTER, MUCH MORE ADOPTION OF THIS THAN WE HAD EXPECTED.
[00:50:05]
MATERIALS BEFORE CLASSES START.SO, WE THINK THAT WILL HAVE A BIG IMPACT ON STUDENT SUCCESS.
WE ALSO HAVE THE MORE STUDENT ATHLETES ON CAMPUS THAN EVER BEFORE.
WE HAVE 384 STUDENT ATHLETES IN 14 SPORTS.
WE ALSO JUST A COUPLE OF OTHER UPDATES.
WE HAVE TWO NEW ELECTRIC SHUTTLE BUSSES AND FIVE ELECTRIC VEHICLE CHARGING STATIONS.
SO, THIS COMMITMENT TO OUR GREENING OUR ENVIRONMENT IS REALLY ALIVE AND WELL ON THE UCS CAMPUS.
HILARY FOUTS, WHO WILL BE JOINING US AS OUR NEW DEAN OF THE GRADUATE SCHOOL.
WE'VE HAD VISITS FROM OUR FEDERAL ELECTED OFFICIALS ALL AROUND.
I THINK PEOPLE ARE REALLY EXCITED ABOUT SPACE COMMAND PRESIDENT ELLIMAN.
SO, WE'RE GETTING A LOT OF VISITS.
SENATOR HICKENLOOPER'S CYBERSECURITY AND SMALL BUSINESS HEARING WAS HELD IN AUGUST, AND WE HAD REPRESENTATIVE DOUG LAMBORN'S, CHIEF OF STAFF, VISIT US AND OUR CYBERSECURITY PROGRAMS. FINALLY, I JUST WANT TO THANK ALL OF THE REGENTS WHO WERE IN OUR NECK OF THE WOODS FOR OUR OUTREACH SOUTHERN COLORADO OUTREACH WORK AND THE OUTREACH TOUR THAT WE WERE DOING.
I THINK YOU HAVE VISITED THE CAMPUS THREE TIMES IN THE PAST TWO MONTHS AND CERTAINLY REGENT MONTARA.
CHANCELLOR ELLIMAN TO YOU AND DEAN RILEY, THANK YOU FOR THE VISIT LAST WEEK.
THERE'S THE UPDATE FOR UCS FOR MY TWO MONTHS HERE.
THANK YOU. NEXT ON THE AGENDA IS TO HEAR FROM OUR GOVERNANCE LEADERS.
[F. 2:25 p.m. GOVERNANCE LEADERS REPORTS]
FIRST UP IS STAFF COUNCIL CO-CHAIRS JENNY HURT AND ALAN SLINKARD.I DON'T SEE JENNY, SO I'M GUESSING ALAN'S GOING TO DELIVER REMARKS TODAY.
SO, THANK YOU. PRESIDENT SOLOMON REGENT CHAIR.
RENNISON VICE CHAIR MONTEIRO THE REGENTS AND CHANCELLORS FOR THIS OPPORTUNITY TO SHARE SOME OF THE INSIGHTS WE'VE GLEANED FROM SOME OF THE STAFF SHARED GOVERNANCE GROUPS ABOUT THE STAFF ON THE INDIVIDUAL CAMPUSES.
AND WE'VE HAD OUR EYES OPEN TO A LOT OF THINGS THAT ARE GOING ON WITH STAFF THAT WE WOULD LIKE TO SHARE WITH YOU AS OPPOSED TO THE METHODOLOGY THAT WE USED LAST YEAR WHERE WE WERE TRYING TO BRING YOUR ATTENTION TO SOME OF THE THINGS IN A WAY THAT SOUNDED A LITTLE BIT TOO PREACHY.
AND SO WE'LL BE WORKING ON SOME WHITE PAPERS AND THINGS TO THAT REGARD TO BRING TO YOU SO THAT WE CAN HELP KIND OF CREATE A PLATFORM TO BUILD ON SOME OF THE THINGS THAT WE'RE GOING TO BRING TO YOUR ATTENTION.
SO, SOME OF THE THINGS THAT WE GLEANED OVER THE LAST SEVERAL WEEKS, STAFF ARE TALKING ABOUT THE IMPORTANCE OR THE VALUE OF INSTITUTIONAL KNOWLEDGE, THAT INSTITUTIONAL KNOWLEDGE, ESPECIALLY RELATED TO THE RETENTION OF HIGHLY QUALIFIED STAFF AND THE WORKLOAD MANAGEMENT PRACTICES, PROMOTION AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES THAT SEEM TO BE LACKING AT A LOT OF OUR CAMPUSES.
THE IMPORTANCE OF THE VALUE OF SHARED GOVERNANCE, ENSURING PROPER AND EFFECTIVE MESSAGING AND ENACTING POLICIES AND PRACTICES IN SUPPORT OF THIS AT ALL LEVELS THROUGHOUT THE SYSTEM. FISCAL EQUALITY AND SUPPORT OF SHARED GOVERNANCE, INCLUDING STIPENDS, FUNDING AND LEAVE TIME CODES FOR THE PARTICIPATION THAT EACH AND EVERY ONE OF US PROVIDE TO OUR CAMPUSES.
COMMUNICATING ALSO WHAT WE AS SHARED GOVERNANCE GROUPS ARE ACCOMPLISHING ON BEHALF OF STAFF.
[00:55:02]
BENEFITS, ESPECIALLY CONCERNING A GREATER FLEXIBILITY IN THE SELECTION OF THEM AND MORE OPPORTUNITIES FOR CHILD AND ELDER CARE AND CERTAIN INSTANCES SURROUNDING OUR NEW PHARMACY PLAN THAT WE'VE HAD SOME FOLKS BRING TO OUR ATTENTION THAT THE FAMILY PLANNING PORTION OF THAT HAS CAUSED SOME CHALLENGES.CONTINUING THE GOOD WORK THAT'S BEEN ACCOMPLISHED SURROUNDING HEALTH AND WELLNESS IN.
AND I WAS GOING TO KIND OF TALK ABOUT A LITTLE BIT THE EFFECTS OF THE SCOTUS RULING AND HOW THAT WE MIGHT BE ABLE TO HELP AND WORK IN SOME REGARD AS TO HOW THAT MIGHT KIND OF ATTACH SHARED GOVERNANCE IN WORKING WITH THE CAMPUSES IN RELATIONSHIP TO DIB.
BUT FELICITY SHARED THAT DOCUMENT WITH ME THIS MORNING, AND SO I'LL PASS ON THAT FOR RIGHT NOW.
ONE OF THE THINGS THAT SEEMS TO BE REALLY IMPORTANT, BOTH ON THE BOULDER CAMPUS, AT THE SYSTEMS OFFICE AND AT ANSCHUTZ IN DENVER, IS WHAT IS THE FUTURE OF A HYBRID WORKING MODEL GOING TO LOOK LIKE AS WE GO FORWARD? AND FINALLY, COMMUNITY BUILDING EVENTS THAT WE CAN WORK TOGETHER ON TO PROVIDE STAFF A DEEPER SENSE OF ENGAGEMENT, IDENTITY AND BELONGING, LIKE THE ELITCH'S EVENT THAT WE DID THIS SUMMER. THAT WAS SPECTACULAR.
SO MORE THAN ANYTHING ELSE, THIS YEAR, UCSC WANTS TO WORK ON BUILDING BRIDGES, RELATIONSHIPS AND COLLEGIALITY IN MAKING SPACE FOR STAFF TO SHARE IDEAS, CONCERNS, NEEDS AND THEIR VISION OF WHAT THEY WOULD LIKE TO SEE IN THE WAY OF CAMPUS AND SYSTEM SUPPORT, ENGAGEMENT AND FEELING HEARD AND VALUED.
HARD CHOICES ARE DISCUSSED AND AN OPENNESS TO COMPROMISE IS EMBRACED.
JENNY AND I'S MOTTO HAS ALWAYS BEEN AND ALWAYS WILL BE TO HELP US HELP YOU.
SO, OVER THE COMING YEAR, OUR FOCUS WILL BE TO PROVIDE A PLATFORM TO STAFF FOR BRINGING THEIR IDEAS, VISION AND VOICE TO YOU SO THAT TOGETHER WE CAN WORK AS A HOLISTIC ENTERPRISE TO MAKE THE CU SYSTEM THE BENCHMARK THAT OTHERS WISH TO EMULATE.
UP NEXT, FACULTY COUNCIL CHAIR DR.
SO I'D LIKE TO TAKE THIS TIME TO THANK PRESIDENT SOLOMON, CHAIR RENNISON, VICE CHAIR MONTEIRO, THE REGENTS AND THE CHANCELLORS FOR THE OPPORTUNITY TO SHARE WITH YOU THE CURRENT WORK OF THE SIU FACULTY COUNCIL.
BUT FIRST LET ME INTRODUCE MYSELF.
THIS IS MY FIRST REPORT AS FACULTY COUNCIL CHAIR.
I'M A PROFESSOR IN THE DEPARTMENT OF PHILOSOPHY AT CU BOULDER.
MY TEACHING AND RESEARCH IS FOCUSED BOTH ON ETHICAL THEORY AND ON ISSUES IN APPLIED ETHICS AND APPLIED ETHICS, IN PARTICULAR, THE TREATMENT OF NON-HUMAN ANIMALS, WHICH HAS BEEN A PARTICULAR PASSION OF MINE FOR AT LEAST 30 YEARS.
I'M ALSO A DIRECTOR OF THE CENTER FOR VALUES AND SOCIAL POLICY AT CU BOULDER.
AND FOR MY SINS ALSO THE VICE CHAIR OF THE BOULDER FACULTY ASSEMBLY.
THAT WOULD BE, I THINK, THE PROVOST OR MAYBE THE DEAN OF ARTS AND SCIENCES.
I DON'T KNOW. SO FACULTY COUNCIL IS NOT AS BUSY AS YOU GUYS OVER THE SUMMER.
BUT WE WE HAVE BEEN DOING SOME THINGS.
IN PARTICULAR, A SUBCOMMITTEE OF US HAVE BEEN WORKING ON REVISING OUR CONSTITUTION AND BYLAWS, AND WE ARE GETTING FAIRLY CLOSE TO THE CONSTITUTION BYLAWS OF THE FACULTY SENATE, OF WHICH FACULTY COUNCIL IS A PART.
AND WE'RE GETTING FAIRLY CLOSE TO HAVING REVISIONS READY TO VOTE ON CONSTITUTION REVISIONS HAVE TO BE VOTED ON BY THE FULL FACULTY SENATE BYLAWS.
REVISIONS CAN BE APPROVED BY A MEETING OF THE FACULTY COUNCIL.
THE CAMPUSES HAVE HAD A LOT OF CHANGE IN LEADERSHIP, IN SHARED GOVERNANCE, AND SCHULTZ IS UNCHANGED.
WE HAVE A NEW CHAIR OF BOULDER FACULTY ASSEMBLY, SHELLY MILLER, A NEW LEADER IN COLORADO SPRINGS.
MONIKA, YOU. AND AS OF JUST TWO DAYS AGO, A NEW LEADER IN DENVER, SASHA BERGER BUSH.
[01:00:02]
COMMITTEE. SO WE'RE LOOKING FORWARD TO WORKING ON A LOT OF OUR PRIORITIES.SO LET ME JUST SAY A COUPLE OF THINGS ABOUT OUR PRIORITIES FOR THE COMING YEAR.
ONE VERY LARGE PRIORITY AND THIS IS SOMETHING THAT'S VERY DEAR TO MY HEART, IS THE EQUITY ISSUES REGARDING NON TENURE TRACK FACULTY, BOTH THE IOC FACULTY AND LECTURERS OR ADJUNCTS.
SO WHAT I'VE ASKED ONE OF OUR COMMITTEES TO DO IS TO START GATHERING INFORMATION ON THE SITUATION OF ADJUNCTS IN PARTICULAR ACROSS THE FOUR CAMPUSES. I WANT TO SEE HOW THEY ARE USED, HOW THEY'RE TREATED, DIFFERENT LEVELS OF COMPENSATION, BENEFITS, ETCETERA.
AND FACULTY COUNCIL WILL BE LOOKING AT GIVING THESE WHO ARE MANY OF WHOM ARE OUR MOST VULNERABLE COLLEAGUES, MORE OF A VOICE IN FACULTY GOVERNANCE. AND WE'LL ALSO BE LOOKING AT THE SITUATION OF IOC FACULTY ACROSS THE CAMPUSES.
WHAT PERCENTAGE, FOR EXAMPLE, OF IOC FACULTY ARE ON MULTIYEAR CONTRACTS? HOW MANY WILL HAVE ACCESS TO THE NEW FIVE YEAR CONTRACTS THAT RECENTLY, THANKFULLY BECAME AVAILABLE, AND HOW THE DIFFERENT CAMPUSES ARE CHOOSING TO USE THE NEW TITLES APPROVED IN APS 5060.
ANOTHER ISSUE PARTICULARLY DEAR TO MY HEART AND ESPECIALLY TO SHELLY MILLER'S HEART NEW CHAIR, IS TAKING CLIMATE CHANGE SERIOUSLY AND PUSHING FOR CU TO BE A LEADER IN RESEARCH AND RESPONDING TO THE CHALLENGES OF CLIMATE CHANGE.
SO WE WOULD VERY MUCH LIKE THE SYSTEM TO REEXAMINE THE OPTIONS FOR DIVESTING FROM ASSETS THAT ARE IMPLICATED IN EXACERBATING THE PROBLEMS OF CLIMATE CHANGE. AND FINALLY, THE ISSUE OF CONCEALED CARRY ON CAMPUSES.
ALL OF ALL FOUR CAMPUSES, FACULTY, STAFF AND STUDENT LEADERSHIP ARE UNITED IN WANTING THE CHANCELLORS OF THE DIFFERENT CAMPUSES TO BE GIVEN THE OPTION TO BAN OR NOT CONCEALED CARRY.
NOW THAT THAT'S LEGALLY SOMETHING THAT'S AVAILABLE TO THEM.
AND SO I'M HOPING, REGENTS, THAT YOU WILL TAKE THIS ISSUE UP.
I HAVE TO GO TO A MEMORIAL SERVICE FOR MY SISTER IN LAW, SO I HAVE TO CATCH A FLIGHT FAIRLY SOON.
SO DON'T TAKE IT PERSONALLY IF I LEAVE NOW.
I'M SORRY TO HEAR THAT BUT THANK YOU FOR YOUR REPORT.
UP NEXT, ICSF CHAIR NICHOLAS DAWSON.
MY LIBRARY OF CONGRESS FRIEND AND I STILL HAVE MY LIBRARY CARD IN MY WALLET.
I DO TOO. IT IS NICE TO MEET EVERYONE.
I'M HERE TO REPRESENT THE ICSF AS ITS CHAIRMAN.
THE ICFS IS THE INTER STUDENT FORUM, AND WE ARE A COLLECTION OF THE STUDENT GOVERNMENT LEADERSHIP FROM THE FOUR CAMPUSES, AND WE EACH INDIVIDUALLY REPRESENT THE STUDENT BODY.
THANK YOU FOR BEING SO RECEPTIVE TO OUR FEEDBACK.
THE ANSCHUTZ CAMPUS IS, AS USUAL, A SLIGHT EXCEPTION TO THAT.
BUT WE ENJOY THE WORK WE'VE BEEN SO FAR ONBOARDING OUR NEWEST MEMBER, INCLUDING BRIA COMBS AND SAVANNAH BROOKS FROM THE CU DENVER CAMPUS. WE HAVE SOME RETURNING FACES, INCLUDING MYSELF FROM THE ANSCHUTZ CAMPUS, AS WELL AS AXEL ADAN AND CHASE, AXEL AND AIDEN FROM THE CU, COLORADO SPRINGS CAMPUS AND CHASE CORNWELL FROM THE BOULDER CAMPUS.
WE ARE ALL HAPPY TO NETWORK AND COMMUNICATE WITH ESSENTIALLY ANYONE WHEN IT COMES TO BETTER REPRESENTING THE STUDENT BODY IN THIS REGARD TO GET THINGS OFF. WE HAVE BEEN HAVING SEVERAL MEETINGS DURING WHICH WE HAVE BEEN TRYING TO IDENTIFY OUR PRIORITIES WITHIN THIS.
WE HAVE BEEN INITIALLY SENDING OUT SOME POLLS TO COLLECT FEEDBACK FROM EACH OF OUR INDIVIDUAL MEMBERS AND COMPILING THAT SO WE CAN BEGIN TO SEEK OUT ACTION ITEMS FOR THIS UPCOMING ACADEMIC YEAR.
TO BUILD ON THAT, WE ARE LOOKING FORWARD TO CONNECTING WITH OUR CHANCELLORS TO RECEIVE IDEAS FROM THEM AS WELL AS OTHER INDIVIDUALS SUCH AS PRESIDENT SOLOMON, REGENTS AND ANY OTHER FACULTY OR STAFF MEMBERS WHO BELIEVE THEY HAVE INSIGHT THAT WE CAN UTILIZE.
[01:05:08]
WE WANT TO BE ABLE TO MAKE AN IMPACT BOTH AT THE LOCAL CAMPUS LEVEL AS WELL AS AT THE SYSTEM LEVEL AND TAKE WHATEVER ISSUES WE MAY DISCOVER OR AREAS OF GROWTH WE MAY DISCOVER TO THE APPROPRIATE AUTHORITY SO WE CAN TRY AND ACHIEVE MEANINGFUL CHANGE AS EASILY AS POSSIBLE.CURRENTLY WE DON'T HAVE ANY MAJOR PRIORITIES SCHEDULED.
WE HAVE HAD OUR FIRST TWO MEETINGS, THOUGH ONBOARDING HAS GONE WELL AND WE'RE GETTING A NEW DOCUMENT SHARING PLATFORM SO WE CAN BEGIN TO IDEATE TOGETHER AND FORM A STABLE STRUCTURE OF CONTINUED DOCUMENT MANAGEMENT FOR THE FUTURE SO WE CAN BUILD ON WHAT WE'VE DONE PREVIOUSLY.
IT LOOKS LIKE I STILL HAVE TWO MINUTES, BUT I DO BELIEVE THAT'S ALL I HAVE TO REPORT RIGHT NOW.
AND REGRETTABLY, I ALSO NEED TO LEAVE HERE SHORTLY.
THANK YOU. THE NEXT ORDER OF BUSINESS.
A COUPLE OF YOU WERE NEW AND YOU'RE REPRESENTING YOUR DIFFERENT CAMPUSES AND REALLY THE WHOLE SYSTEM AT THIS POINT IN OUR BOARD MEETING, IT'S SO IMPORTANT TO HEAR FROM YOU, YOUR PEOPLE THAT TELL US WHAT THE TEMPERATURE IS ON YOUR CAMPUSES AND WHAT YOU'RE WORKING ON AND THE STAFF, STUDENTS AND FACULTY ARE IMPORTANT.
THIS IS OUR ONE CONTACT THAT WE HAVE WITH YOU EVERY COUPLE OF MONTHS.
WHAT YOU HAVE TO SAY TO US IS REALLY IMPORTANT.
AND I WANT TO THANK YOU FOR YOUR CONCISE REPORTS AND HOW IMPORTANT IT IS THAT YOU COME BEFORE THIS BOARD AND KIND OF LET US KNOW WHAT YOU'RE WORKING ON AND WHAT SOME OF YOUR NEEDS ARE. SO THANK YOU VERY MUCH.
I THINK THIS IS A TRULY IMPORTANT PART OF OUR BOARD MEETINGS.
THE NEXT ORDER OF BUSINESS IS THE APPROVAL OF THE CONSENT AGENDA.
[G. 2:45 p.m. CONSENT AGENDA]
THE ENTIRE CONSENT AGENDA IS LISTED IN BOARD DOCS.IS THERE A MOTION TO APPROVE THE ITEMS ON THE CONSENT AGENDA? SECOND. SECOND. IT'S MOVED BY REGENT VAN DRIEL AND SECONDED BY REGENT CHAVEZ TO APPROVE THE CONSENT AGENDA.
IS THERE ANY DISCUSSION? EVERYBODY'S GOOD. GREAT.
THE QUESTION BEFORE US IS APPROVAL OF ALL ITEMS LISTED ON THE CONSENT AGENDA.
AYE. ANY OPPOSED? THE MOTION PASSES.
SO UP NEXT IS A PRESENTATION AND BREAKOUT DISCUSSION REGARDING ONLINE ENROLLMENT AND PROGRAMS.
[H. 2:50 p.m. DEEP DIVE FOCUS AREA]
CFO CHAD MARTIRANO AND VICE PRESIDENT MIKE LEITNER AND ASSISTANT VICE PRESIDENT ANGELIQUE FOSTER WILL LEAD US IN THIS.SO WE ARE TOTALLY AHEAD OF SCHEDULE RIGHT NOW.
SO I'M JUST SURVEYING THE ROOM TO MAKE SURE THAT WE CAN GET THINGS IRONED OUT.
WOULD IT BE HELPFUL IF WE DID A SHORT BREAK? MAYBE. MAYBE LIKE FIVE MINUTES? OKAY. HOW ABOUT WE TAKE A FIVE MINUTE BREAK AND COME BACK? AT WHAT TIME ARE WE AT NOW? WE ARE 211.
ALL RIGHT, GREAT. CHAD, DO YOU HAVE EVERYBODY YOU NEED? OKAY, GOOD.
THIS IS THIS IS THE FIRST OF OUR OUR BOARD MEETINGS FOR THE YEAR WHERE WE'RE GOING TO TAKE SOME TIME TO DO A DEEP DIVE AND BREAK OUT AND DO SOME TABLETOP CONVERSATIONS WITH THE CAMPUSES DURING THE SUMMER RETREAT.
WE HAD TALKED ABOUT SOME OF THE UNDERLYING METRICS IN TANDEM WITH THE STRATEGIC PLAN, AND ONE OF THOSE METRICS THAT WE TRACK ON AN ANNUAL BASIS IS ONLINE ONLINE ENROLLMENT AND PROGRAMS. AND AT THE TIME, WE VOICED MORE INTEREST IN HAVING A DEEP DIVE IN THIS SPACE.
[01:10:01]
ENROLLED ONLINE, 100%.SO THAT'S THAT'S NO IN-PERSON CLASSES.
THAT BLUE SEGMENT IS MULTIMODAL OR SOME ONLINE.
SO WHAT DOES THIS CHART SHOW US? FISCAL YEAR 2021 IS WHERE YOU SEE THAT BIG SPIKE.
AND THAT'S THE THAT'S THE YEAR WHERE WE WERE PRIMARILY REMOTE.
WHEN WE LOOK AT THIS SAME THING JUST THROUGH CREDIT HOURS, IT'S A FAR LARGER JUMP.
SO THAT 222,000IN FISCAL YEAR 20 JUMPING TO OVER A MILLION.
THIS IS JUST CREDIT HOURS DELIVERED.
SO, THIS ISN'T JUST STUDENTS ENROLLED IN AN ONLINE COURSE.
THIS IS STUDENTS TRULY TAKING MORE OF THEIR COURSEWORK IN AN ONLINE FASHION.
WHEN WE LOOK AT ONLINE AS A SHARE OF TOTAL ENROLLMENT.
AND SO I'VE JUST ADDED A LITTLE GRAY SEGMENT HERE.
SO THIS IS A STUDENT TAKING A COURSE THAT WAS NOT ONLINE AT ALL.
YOU CAN SEE THAT JUMP IN FISCAL YEAR 21 AGAIN.
WHEN YOU LOOK IN THE AGGREGATE, WHEN YOU LOOK AT THIS BY THE FISCAL YEAR.
BUT THAT'S NOT NECESSARILY THE CASE WHEN YOU LOOK AT IT BY TERM.
BUT IF YOU LOOK AT THAT SUMMER TERM, THE MAJORITY OF THE CREDIT HOURS AND THE MAJORITY OF THE ENROLLMENT THAT HAS OCCURRED DURING THE SUMMER TIME FRAME FOR THOSE PRIOR THREE YEARS HAS BEEN STUDENTS THAT ARE TAKING A COURSE THAT'S SOLELY ONLINE.
SO THERE'S DEFINITELY A TARGET OF OPPORTUNITY THERE IN TERM.
SO WE CAN CARVE UP THIS PIE IN A THOUSAND DIFFERENT WAYS IN TERMS OF LOOKING AT THIS DATA.
BUT RATHER THAN DO THAT IN THIS SPACE, WE'RE GOING TO WE'RE GOING TO KICK IT OVER TO THE TABLETOPS HERE WHERE YOU CAN AFFORD MORE OF AN EXCHANGE OF WHAT'S HAPPENING AT THE CAMPUS LEVEL IN THIS SPACE.
AND SO MIKE IS GOING TO TALK US THROUGH THE BREAKOUT.
AND I SHOULD SAY THE SAME WAY.
ANY QUESTIONS ON THESE SLIDES BEFORE WE MOVE FORWARD? WELL, I WOULD HAVE SOME QUESTIONS, BUT I'LL WAIT TILL THE BREAKOUT SESSIONS BECAUSE SOME OF THE CHARTS REALLY SHOW THAT WE'VE FROM 2020, WE'VE GONE DOWN.
SO, I'LL WAIT AND SEE THAT, YOU KNOW, ONLINE HAS BEEN PRETTY IMPORTANT.
AND A YEAR AGO WE WENT TO A HYBRID MODEL WHICH WAS DIFFERENT THAN WE'VE DONE IN THE PAST.
SO I'LL BE INTERESTED IN SOME OF THE DETAILS.
THANKS CHAD AND THE OF THE NEXT TWO SLIDES BECAUSE I ONLY HAVE TWO SLIDES.
THE LAST ONE IS THE HARDEST AND MOST IMPORTANT.
SO THIS IS THE BREAKOUT TABLES IN TERMS OF WHO YOU'LL BE HEARING.
NOW, DO YOU REMEMBER HOW THIS WORKS? YES. YOU GET TO STAY IN PLACE.
OKAY, SO THEY'RE AT ONE TABLE NOW AND THEN THEY WILL MOVE AS WE GO THROUGH THE TIMES.
IT'S REALLY LED BY THE CHANCELLORS AND THAT'S WHAT REGENT GALLEGOS TO YOUR POINT, THAT'S WHAT HAPPENED THAT YEAR, YEAR AND A HALF AGO. I CAN'T REMEMBER THE TIME FRAME IT WAS.
ALL RIGHT. IT'S THE CAMPUSES AND THE CHANCELLORS ARE LEADING THAT.
BUT THEN WE'RE GOING TO HAVE ON EACH OF THE TABLES LIKE THE 1 OR 2 KEY PEOPLE ON THE CAMPUS THAT ARE THE EXPERTS, NOT THEY'RE TEACHING A BUNCH OF ONLINE COURSES NECESSARILY, BUT THEY'RE RUNNING THIS SO THEY'LL BE ABLE TO ANSWER YOUR QUESTIONS.
REMEMBER THIS? OKAY. WHICH ONE ARE YOU?
[01:15:05]
SEE. ALL RIGHT, SO I'M THREE.BECAUSE ALL WE'RE GOING TO DO NOW IS STAND UP AND GO TO THAT TABLE.
OKAY. SO, WE'LL SEE YOU AT THE TABLE.
OKAY. THE MEETING WILL COME BACK TO ORDER.
FIRST UP TODAY IS THE FINANCE COMMITTEE DISCUSSION AND SOME ACTION ITEMS.
[K. 8:30 a.m. FRIDAY, SEPTEMBER 8, 2023 - MEETING RESUMES, CALL TO ORDER, Chair Rennison presiding - CU Denver Business School, Jake Jabs Event Center, 1475 Lawrence Street, Denver, CO 80202 (Large Conference Room on the First Floor)]
I'M GOING TO TURN IT OVER TO REGENT CHAVEZ FOR THIS PORTION.[L. 8:35 a.m. FINANCE COMMITTEE DISCUSSION AND ACTION ITEMS]
THANK YOU, MADAM CHAIR.THE FINANCE COMMITTEE MET ON AUGUST 28TH.
THE MEETING BEGAN WITH A REVIEW OF THE 23-24 DRAFT FINANCE COMMITTEE WORK PLAN.
THANK YOU, COREY, FOR ALL YOUR HARD WORK.
THE COMMITTEE APPROVED A PROPOSAL FROM CU BOULDER TO CONVEY 88FT² OF PROPERTY TO THE CITY OF BOULDER FOR A MULTI-MODAL IMPROVEMENT PROJECT ALONG 30TH STREET BETWEEN COLORADO AND ARAPAHOE, MAKING IT SAFER FOR STUDENTS, FACULTY, STAFF AND COMMUNITY MEMBERS TRAVELING ALONG 30TH STREET BETWEEN MAIN AND EAST CAMPUS.
NEXT CU BOULDER C BOULDER PREVIEWED SOME POSSIBLE UPCOMING CASH FUNDED PROJECT SUBMITTALS.
THE CAMPUS IS ALLOTTING FUNDING, ALLOCATING FUNDING FOR PLANNING AND EARLY DESIGN PURSUANT TO THEIR MASTER PLAN PROCESS FOR SEVERAL PROJECTS. AND FINALLY, THE COMMITTEE APPROVED $17.5 MILLION ENERGY PERFORMANCE CONTRACT PROPOSAL FOR UCCS, WHICH IS REALLY GOING TO MAKE A DIFFERENCE WITH THEIR ENERGY PLAN OVER THE NEXT TWO DECADES.
THE PROPOSAL FINANCES 28 SMALL PROJECTS AND 48 BUILDINGS ON CAMPUS, AND THE ANNUAL SAVINGS IN UTILITY PAYMENTS IS ESTIMATED TO BE ALMOST $1 MILLION $930,000.
DURING THE FINANCE PORTION OF THE MEETING, SCOTT MUNSON GAVE THE QUARTERLY IT PROJECT STATUS REPORT.
INCLUDING THE DATA GOVERNANCE AND MANAGEMENT PROJECT.
THE ADVANCEMENT NEXT GEN PROJECT AND THE TIME AND LABOR PROJECT.
NEXT USHA SHARMA, WHO IS HERE AND OUR NEW TREASURER.
I WANT TO JUST ASK USHA TO STAND AND AND EVERYONE CAN SEE HER WELCOME HER [APPLAUSE].
I'LL MENTION MICHELLE POKED ME AND MADE SURE I SAID THAT.
USHA AND DAN PRESENTED A NUMBER OF TREASURY UPDATES.
THE COMMITTEE APPROVED A PROPOSAL TO EXTEND THE INTERNAL CAMPUS LINES OF CREDIT.
USHA PRESENTED THE 21-22 THROUGH 23-24 REVENUE BOND BUDGET REPORT SHOWING THAT CU'S REVENUE IS ADEQUATE TO SUPPORT OUTSTANDING BONDS AND THAT PROJECT PROJECTED CAMPUS BUDGETS, REFLECT ADEQUATE DEBT SERVICE COVERAGE FOR ALL THOSE PROJECTS.
AND NEXT, USHA GAVE THE ANNUAL DEBT SERVICE RATIO REPORT REGENT POLICY LIMITS CU'S DEBT SERVICE RATIO TO 7% OF OUR BUDGET, AND CU'S CURRENT DEBT RATIO IS 5.17, SO WE'RE IN GOOD SHAPE.
DAN PROVIDED AN UPDATE ABOUT RECENT TENDER REFUNDING.
THE TRANSACTION OVER THE SUMMER RESULTED IN A NET PRESENT VALUE SAVINGS OF $8.1 MILLION AND GROSS SAVINGS OVER THE LIFE OF THE OLD DEBT OF $15.1 MILLION.
THERE WERE 17 INDIVIDUAL FINDINGS IN THE REPORT 16 OF THE 17 ARE COMPLETE.
AND FINALLY, MADAM CHAIR, OUR NEXT MEETING IS SCHEDULED FOR THE AFTERNOON OF OCTOBER 11TH.
[01:20:03]
SO THE NEXT ORDER OF BUSINESS.VP MARTURANO PRELIMINARY FALL ENROLLMENT ESTIMATES.
SO THIS IS THE TIME OF THE YEAR WHERE WE REPORT BACK TO THE BOARD AND WE HAVE OUR FIRST SNAPSHOT OF WHAT WE WHAT WE'RE ACTUALLY SEEING IN TERMS OF BOOTS ON THE GROUND FOR FALL ENROLLMENT. WE USE THOSE WORDS PRELIMINARY ESTIMATE INTENTIONALLY BECAUSE THIS IS GENERALLY WHERE WE THINK THINGS ARE.
BUT THE ACTUAL CENSUS DATE BY CAMPUS VARIES A LITTLE BIT.
IT CAN BE THIS WEEK, IT COULD BE IN THE NEXT WEEK A LITTLE BIT.
AND WE'LL FINALIZE THAT AND GET THAT DETAIL OUT TO EVERYONE.
SO GENERALLY SPEAKING, THIS IS WHERE CAMPUSES ARE HEADED THIS FALL.
SO THE VERY RIGHT HAND COLUMN, THAT DOTTED LINE IS WHERE WE THOUGHT WE WERE GOING TO BE.
AND THAT SOLID LINE IS WHERE WE ARE.
YOU CAN SEE THAT THEY'RE PRETTY CLOSE IN SCALE.
IN SOME INSTANCES, THEY'RE UP FLAT AND THEN DOWN.
SO BOULDERS' A LITTLE BIT UP SPRINGS IS PRETTY MUCH TOTALLY IN LINE.
DENVER IS DOWN A LITTLE BIT AND SHOOTS IS UP.
THAT BOX ON THE RIGHT HAND CORNER IS THE FALL TO FALL CHANGE.
SO THAT'S FALL OF 22 TO FALL OF 23.
IN LOOKING AT WHERE WE THOUGHT WE WOULD BE IN JUNE.
SO YOU CAN KIND OF COMPARE THE DIFFERENCE OF WHERE WE THOUGHT WE WERE GOING TO BE TODAY.
IF YOU DO THE MATH ON THOSE AND SAY, WELL, WHAT WAS THE CHANGE FROM JUNE TO THIS PRELIMINARY FALL SNAPSHOT? THIS IS THE DELTA.
SO AN INCREASE OF 1.3% OVER BUDGET AT BOULDER, UCCS IS UP BY 0.3%.
DENVER IS DOWN BY A LITTLE BIT, AROUND 1% AND ANSCHUTZ IS DOWN A LITTLE BIT.
SO WHAT DOES 1% IN ENROLLMENT LOOK LIKE IN TERMS OF REVENUE BOTTOM LINES FOR THE CAMPUSES? THIS IS JUST SOMETHING TO LEVEL SET IN ONE'S HEAD AS WE TALK ABOUT ENROLLMENT THROUGHOUT THE YEAR, WHETHER IT'S THIS PRELIMINARY SNAPSHOT OR WHETHER WE GO THROUGH THE BUDGET CYCLE, THIS IS GENERALLY WHAT THAT 1% EQUATES IN TERMS OF DOLLARS BY CAMPUS.
SO WHEN WE GET INTO THE CAMPUS DETAIL AND LOOKING AT BOULDER.
FALL BUDGET IS UP 1.8 OVER THE PRIOR FALL AND 1.3% OVER BUDGET.
I WON'T READ ALL OF THESE VERBATIM.
THE THAT THIRD TO THE BOTTOM BULLET IS, I THINK, ONE THAT IS WORTH CALLING OUT THAT THE INCOMING UNDERGRADUATE STUDENTS AT BOULDER, NEARLY ALL OF THOSE ARE RESIDENT STUDENTS COMPARED TO BUDGET.
AND THAT'S A SIGNIFICANT NUMBER AND WE'LL SHOW THAT IN THE COMING SLIDES.
SO THIS THESE ENROLLMENTS ABOVE BUDGETED BUDGET IN JUNE HAVE RESULTED IN ADDITIONAL REVENUES AT THE CAMPUS, AND THE CAMPUS WILL USE THOSE REVENUES THROUGH THEIR INTERNAL CAMPUS BUDGET MODEL, WHICH IS A COMBINATION OF ALLOCATING THE FUNDS TO A SCHOOL OR A DEPARTMENT BASED ON ENROLLMENT, COMPLETION AND RETENTION.
CHAD, QUICK QUESTION ON THOSE TRANSFER STUDENTS COMING IN TO BOULDER.
DO WE KNOW WHERE THEY'RE COMING FROM? ARE THEY COMING FROM IN-STATE OUT OF STATE, TWO YEAR PROGRAMS? I'M GOING TO I'M GOING TO DEFER TO THE CAMPUS.
BUT THERE'S A VERY SMALL PORTION OF THE TRANSFER STUDENTS THAT ARE FROM OUT OF STATE.
THE MAJORITY OF OUR TRANSFER STUDENTS COME FROM IN-STATE, LARGELY FROM FRONT RANGE COLLEGES.
SO HERE IS ALL OF THE MATH BEHIND THAT PRIOR TABLE WITH BULLETS.
YOU GENERALLY SEE INCREASES ACROSS THE BOARD.
THAT POINT THAT I WAS MAKING ON THE PRIOR SLIDE, IF YOU LOOK IN THAT BOTTOM SECTION, THE VERY FIRST ROW, YOU CAN SEE THAT 5% INCREASE IN RESIDENT UNDERGRADUATE NEW FIRST YEAR STUDENTS. THAT'S THAT'S EXCITING NEWS AT BOULDER.
WHEN WE TALK ABOUT WHAT THESE DIFFERENCES IN ENROLLMENT MEAN RELATIVE TO BUDGET, YOU SEE INCREASES AS YOU AS YOU AGAIN, WORK YOUR WAY DOWN THE RIGHT HAND SIDE AND THAT AMOUNTS TO ABOUT $7.8 MILLION.
AND IT'S ABOUT 0.7% OF THE TOTAL CAMPUS OPERATING BUDGET.
[01:25:03]
AND WE LOOK AT THAT BOTH BY UNDERGRADUATE AND GRAD.SO MOVING ON FROM BOULDER INTO UCCS, THE UCCS ENROLLMENT IS PROJECTED TO BE RIGHT, PRETTY MUCH RIGHT IN LINE WITH WHAT THEY HAD BUDGETED A LITTLE BIT OVER BUDGET BY 0.3%.
THE THE THING I THINK THAT'S IMPORTANT TO POINT OUT IN TERMS OF A BUDGET RELATIVE TO ENROLLMENT IS THAT A LOT OF THE GROWTH THAT YOU SEE HERE, IF YOU WERE TO LOOK ON THIS RIGHT HAND COLUMN, IT'S IN THE NON RESIDENT STUDENT SECTION.
THE OTHER THING TO HIGHLIGHT ON THIS SLIDE IS THAT NEW FIRST YEAR STUDENTS AT UCCS ARE GOING UP.
AND SO TO THE DEGREE TO WHICH THE CAMPUS CAN MAKE EFFORTS TO RETAIN THOSE STUDENTS OVER TIME, THAT BODES WELL FOR THEIR OVERALL ENROLLMENT PICTURE IF YOU'RE TO THINK OVER A FOUR YEAR TIME FRAME. CHAD DO WE HAVE ANY IDEA OF WHY WE'RE GETTING OUT OF STATE STUDENTS AT UCCS? I MEAN, WE HAVEN'T FOR A WHILE.
WE'VE LOST RESIDENT STUDENTS AS WELL.
DO WE HAVE AN IDEA? IS THERE A STRATEGY OR A STRUCTURE GOING ON THAT IS SHOWING THAT WE'RE GOING TO BE PICKING UP STUDENTS OUT OF STATE? OR ARE WE LOOKING AT IT AS JUST A BLIP AND WE DON'T KNOW WHY? SURE. CHANCELLOR, THANK YOU.
WE'VE ACTUALLY MADE A VERY SPECIFIC STRATEGY AROUND THREE GEOGRAPHIC AREAS TEXAS, MINNESOTA AND CALIFORNIA TO BE ABLE TO INCREASE OUR NON RESIDENT STUDENTS.
AND WE'VE ALSO HIGHLY SOUGHT AFTER ATHLETES WHO ARE ALSO NON RESIDENT.
AND IT'S JUST PART OF THE STRATEGY OF REALLY TRYING TO BRING IN MORE NONRESIDENT STUDENTS TO CHAD'S POINT, TO HELP WITH OUR FINANCIAL SITUATION. AND IT JUST OBVIOUSLY JUST BRINGS MORE DIVERSITY INTO OUR CAMPUS A LSO.
I'M GLAD TO HEAR THAT THERE IS A STRATEGY AND THAT WE'RE NOT JUST KIND OF DEPENDING ON WHAT HAPPENS THAT YEAR OR NOT BECAUSE WE'VE WORRIED ABOUT ABOUT ENROLLMENT THERE FOR A FEW YEARS.
SO THE FACT THAT WE'RE ACTIVELY WORKING ON IT.
AND SO THE OUT OF STATE STUDENTS WOULD PROBABLY REFLECT THOSE THREE STATES, OR NOT YET.
YES. NO, IT WAS IT WAS A STRATEGY THAT WAS PUT INTO PLACE LAST YEAR WHEN OUR NEW VICE CHANCELLOR OF ENROLLMENT MANAGEMENT STARTED AND WE WERE ALREADY SEEING IMPACT FOR THAT FOR FALL 2023, I THINK WE'LL SEE EVEN MORE IMPACT IN FALL OF 2024.
IS THERE A NUMBER THERE THAT TALKS ABOUT WHAT YOUR RETENTION RATE WAS FROM LAST YEAR TO THIS YEAR? BECAUSE RETENTION IS A BIG PART OF ENROLLMENT AS WELL.
SO IF I COULD STEP IN ON THAT, WE WILL HAVE RETENTION NUMBERS FOR FALL OF 23 AT THE NOVEMBER BOARD MEETING, AND THAT WILL BE ONE OF THE AREAS OF KIND OF A FOCUS AREA, DEEP DIVE. THAT'S WHERE WE ACTUALLY HAVE THE COMPLETED FALL CENSUS AND WE CAN IDENTIFY THOSE STUDENTS AND WE'LL BE ABLE TO TALK ABOUT THAT AT DEPTH BOTH IN INTRODUCTORY PRESENTATION AS WELL AS THE BREAKOUT SESSIONS.
SO IN LOOKING AT THE BUDGET PICTURE AT UCCS, IT'S PRETTY MUCH IN LINE WITH BUDGET, A LITTLE BIT POSITIVE, 0.3% ABOVE THEIR TUITION REVENUE AND 0.2% OF THEIR JUNE OPERATING BUDGET.
THIS JUST SHOWS SOME OF THAT DATA.
YOU KNOW. AND SO IF YOU GO BACK.
SO BECAUSE THAT NEW FIRST YEAR STUDENT ROW IS GROWING OVER TIME, THE HOPE IS IF THE CAMPUS DOES WELL OR BETTER IN TERMS OF RETENTION, THEN THAT TOP ROW WILL BEGIN TO TURN UP.
[01:30:02]
FOR UCCS OR ANY OTHERS, BUT SOMETIMES YOU'LL SEE CONTINUING STUDENT UNDERGRADUATES OR CONTINUING STUDENTS GET SMALLER.SO THAT SHOULDN'T THAT'S NOT A BAD NEWS PHENOMENON.
IT'S JUST SOMETHING THAT WE HAVEN'T FIGURED OUT HOW TO ILLUSTRATE IN A GOOD WAY.
AND WE'RE WORKING ON THAT AND WE HOPE TO BE ABLE TO SHARE THAT WITH FOLKS LATER.
SHIFTING OVER TO DENVER, THEY'RE PROJECTING ENROLLMENT DECLINE OF AROUND 3.7% COMPARED TO LAST FALL, AND THAT'S AROUND A 1% BELOW WHERE THEY WERE BUDGETING IN JUNE.
GRADUATE ENROLLMENT IS ALSO DOWN FOR INCOMING GRADUATE INTERNATIONAL STUDENTS.
THERE'S BEEN SOME CHALLENGES ASSOCIATED WITH THE SHIFT TO HOW THEY EVALUATED FOREIGN CREDENTIALS.
SO THEY HAD A SMALLER APPLICATION POOL.
AND WE'LL ILLUSTRATE THAT ON THE NEXT SLIDE HERE.
SO YOU CAN SEE DECLINES PRETTY MUCH IN MOST OF THE CATEGORIES.
AND SOMETHING ELSE THAT'S IMPORTANT TO POINT OUT HERE IS THAT THE REASON THAT WE'RE HIGHLIGHTING THAT INTERNATIONAL STUDENT COMPONENT IS JUST LOOK AT THE NON RESIDENT GRADUATE SECTION IN THE MIDDLE, THE COHORT FOR INTERNATIONAL STUDENTS.
IT'S AS BIG AS DOMESTIC NON RESIDENT STUDENTS.
BUT THERE IS A CHART HERE AT THE END WHICH I'LL POINT TO ABOUT, YOU KNOW, THE OPPORTUNITY AT CU DENVER TO HAVE ON CAMPUS HOUSING AND HOW THAT'S IMPACTED FIRST YEAR STUDENT ENROLLMENT. WHEN WE LOOK AT WHAT THOSE CHANGES FROM JUNE RELATIVE TO TODAY LOOK LIKE, IT'S RESULTING IN A BUDGET DELTA OF AROUND $3.5 MILLION AND THAT'S ABOUT 1.4% COMPARED TO THEIR JUNE BUDGET AT THE CAMPUS.
YOU CAN SEE IT'S AROUND 13-1400 IN THAT FIRST YEAR AND THAT FIRST.
BUT WHEN YOU MOVE FORWARD TO YEARS TWO THROUGH FOUR, IT'S IN EXCESS OF 1,600 STUDENTS.
SO THAT THAT SHIFT IN FROM 2021 TO 21-22 IS WHEN FIRST YEAR STUDENT HOUSING CAME ONLINE WITH WITH UNIVERSITY HEIGHTS.
SO THAT'S I ALWAYS REFER TO IT AS FISH, WHICH IS WHAT IT WAS PLANNED OUT YEARS AGO.
AND YOU CAN SEE THAT ON THAT CHART.
SO HOW IS THE CAMPUS RESPONDING TO THAT BUDGET CHALLENGE? THEY'RE CONTINUING TO REALIGN THEIR BUDGET IN THE CURRENT YEAR BASED ON THE PLANNING EFFORTS THAT THEY HAD DEVELOPED THROUGHOUT LAST YEAR HEADED INTO THE JUNE BUDGET.
THE CAMPUS IS GOING TO HONOR THE 3% MERIT POOL FOR ITS STAFF, AND FACULTY.
CONTINUE TO FOCUS ON OVERALL ENROLLMENT STRATEGIES.
BUT WHEN THEY BALANCE THEIR BUDGET IN THE CURRENT YEAR, THEY'RE GOING TO USE A FEW STRATEGIES.
SO ONE OF THOSE IS EVALUATE WHAT POSITIONS THEY MIGHT HAVE TARGETED AS OPEN OR WANTING TO GROW AND SEE WHAT THAT IMPACT WOULD BE ON STUDENTS TO SEE IF THEY COULD HOLD BACK AND WHAT THAT IMPACT WOULD BE ON EXISTING EMPLOYEES IN THAT SPACE.
AND THEY'LL REDUCE THAT AND THEN HOLD ON DISTRIBUTING UNTIL THEY GET THROUGH THEIR COMPREHENSIVE COMPENSATION COLLABORATIVE FRAMEWORK, WHICH IS AN EVALUATION OF ALL OF ITS ALL OF THE CAMPUSES, STAFF AND FACULTY RELATIVE TO MARKET TO INFORM WHERE THEY WOULD DISTRIBUTE COMPRESSION, RETENTION AND EQUITY.
BUT IT JUST MIGHT NOT BE WHAT WE WERE PLANNING IN THE CURRENT FISCAL YEAR.
FINALLY, THE CAMPUS IS EVALUATING HOW TO USE SOME EARLY RETIREMENT AND FIGURING OUT WHERE THERE MIGHT BE A GOOD MATCH WITH AN INDIVIDUAL THAT'S EMPLOYED THAT BENEFITS BOTH THAT INDIVIDUAL AS WELL AS THE CAMPUS.
AS WE WORK THROUGH THIS BUDGET CYCLE, WE'LL CONTINUE TO ALIGN THE CURRENT YEAR.
[01:35:01]
START TO DEVELOP PLANS FOR NEXT YEAR FOR FISCAL YEAR 25.I'D MENTIONED EARLIER IN THE PRESENTATION AT THE JANUARY FINANCE COMMITTEE MEETING WE'LL HAVE AN IN-DEPTH CONVERSATION ABOUT INTERNAL CAMPUS BUDGET MODELS, AND THAT'S WHERE WE'LL TALK ABOUT KIND OF THE THE ALIGNMENT AND THE ADJUSTMENTS HAPPENING AT UCCS, WHERE WE ARE AT DENVER WITH OUR BUDGET MODEL AND HOW BOULDER AND ANSCHUTZ'S BUDGET MODELS WORK AS WELL. WE'LL USE A REVISED BASE FROM THESE ADJUSTMENTS IN THE CURRENT YEAR AS A STARTING PLACE FOR WHEN WE FORECAST AND BUILD BUDGETS IN FEBRUARY FOR NEXT YEAR.
I JUST WANT TO, I WON'T GO INTO DEPTH.
I'VE TALKED WITH PRESIDENT SOLOMON AND OF COURSE WITH CHANCELLOR MARKS ALL THE TIME.
THE LACK OF ENROLLMENT AT CU DENVER AND THAT SORT OF STUFF IS GETTING PRETTY WORRISOME.
AND NOW I'VE BEEN ON THE BOARD FOR TEN YEARS.
WE'VE SEEN EMPLOYMENT DECLINES FOR SEVEN OF THOSE EIGHT YEARS.
WE DON'T SEEM TO BE GETTING A REAL HANDLE ON IT.
I KNOW THAT PRESIDENT SOLOMON AND CHANCELLOR MARKS ARE CONCERNED ABOUT IT.
IN MY OPINION, IT'S TIME TO PUT TOGETHER A PLAN AND MOVE FORWARD WITH IT.
IT'S JUST TO THE POINT WHERE IN THE AMOUNT OF TIME THAT I'VE BEEN HERE, INCLUDING A SUBSIDY THAT WE'VE DONE FOR CU DENVER FOR SEVEN YEARS NOW. I JUST THINK AS A REGENT WITH FISCAL RESPONSIBILITY AND ACCOUNTABILITY TO HOW OPPORTUNITIES ARE FOR OUR KIDS, I SEE A CAMPUS THAT MAY NEED A PRETTY GOOD PLAN TO GO FORWARD WITH IT.
AND SO I'VE TALKED WITH PRESIDENT SOLOMON ABOUT IT.
AND I DON'T NEED TO SEE ANY MORE ABOUT IT, BUT I STILL AM CONCERNED ABOUT IT.
I JUST WANTED TO ASK CHANCELLOR MARKS, ARE WE SEEING THE LACK OF ENROLLMENT KIND OF ACROSS THE BOARD OR ARE THERE CERTAIN SCHOOLS OR MAJORS WHERE IT'S HAVING MORE PROBLEMS? WHAT CAN YOU TELL US ABOUT THAT? WE'RE SEEING IT IN THREE PARTICULAR AREAS THERE.
THERE'S SOME DECLINE IN PRIMARILY OUT-OF-STATE FIRST TIME FRESHMEN.
THERE'S A LARGER DECLINE IN TRANSFER STUDENTS, WHICH HITS ACROSS THE BOARD.
AND OUR LARGEST DECLINE IS IN INTERNATIONAL MASTER'S STUDENTS.
WE STILL HAVE MORE INTERNATIONAL MASTER'S STUDENTS NOW THAN WE HAD A FEW YEARS AGO.
SO WE ACTUALLY SOME OF THIS IS MASKING, I THINK WHAT REGENT GALLEGOS IS RAISING, WHICH IS AN INTERNATIONAL ENROLLMENT STRATEGY THAT WE ARE PUTTING IN PLACE SOME GOOD NEWS STORIES THAT SOME WORK THAT WE HAVE BEEN DOING IN THE LAST COUPLE OF YEARS.
ONE IS VERY DEEP WORK ON RETENTION.
AND SO WHAT YOU DON'T SEE IS SOME IS THE NUMBER OF INTERNATIONAL GRADUATE STUDENTS, FOR EXAMPLE, THAT WE'RE RETAINING, WHICH IS IMPROVING AS WELL AS OUR CONTINUING STUDENTS. IT IS ALSO MASKING THE ONLINE STRATEGY THAT YOU HEARD ABOUT YESTERDAY, WHICH THOSE NUMBERS ARE UP SIGNIFICANTLY IN PROGRAMS. AND WE DO HAVE OTHER INITIATIVES THAT ARE INVESTING IN THE DEVELOPMENT OF PROGRAMS WHERE MARKET DATA SHOW US THAT WE HAVE THE POTENTIAL OF GROWING RAPIDLY AND ALSO A NEW RECRUITMENT STRATEGY BOTH FOR SPRING AND IN THE LONGER TERM.
SO WE ARE NOT WHERE WE WANT IT TO BE THIS YEAR.
WE NEED AN INTENTIONAL STRATEGY.
WE HAVE PUT PIECES OF THAT IN PLACE AND WE'RE STARTING TO SEE DIVIDENDS.
BUT UNFORTUNATELY, THE TRANSFER.
OUR GOAL THIS YEAR, WE SET OUT TO BE THE NUMBER ONE TRANSFER INSTITUTION IN THE STATE.
AND SO THE INSTITUTION IS DOING THAT WORK.
THANK YOU. MOVING FORWARD TO CU ANSCHUTZ THE FALL BUDGET.
[01:40:08]
AS WE'VE TALKED IN FINANCE COMMITTEE, THE CAMPUS STRUCTURE IN TERMS OF ITS BUDGET MODEL IS A LITTLE BIT DIFFERENT WHERE EACH SCHOOL IN COLLEGE HAS KIND OF ITS OWN BUDGET.SO THAT IMPACT VARIES ACROSS ACROSS COLLEGE.
SO IN THE SCHOOL OF MEDICINE, THEY'RE ACTUALLY EXPECTING AN INCREASE OF 30, 38 STUDENTS.
SO HOW CAN THAT BE WHEN WE'RE ALWAYS AT CAPACITY FOR ANY INDIVIDUAL COHORT? THEY HAD SOME STUDENTS THAT WERE ON LEAVE AND THEN HAVE COME BACK TO CONTINUING THEIR DEGREE PROGRESSION AND THAT WAS 38 MORE THAN THEY WERE PROJECTING BACK IN JUNE AT PHARMACY, A DECREASE OF 35 STUDENTS, AROUND A HALF A MILLION DECREASE RELATIVE TO THE JUNE BUDGET THERE.
THAT'S TIED TO THE CAMPUSES GOALS OF WANTING TO INCREASE THE PROGRAMING AND OUTPUT THERE IN TERMS OF STUDENTS MEETING WORKFORCE DEMAND WITH MORE NURSING GRADUATES, THAT BOTTOM SECTION LOOKS A LITTLE WEIRD WITH REALLY BIG PERCENTAGE INCREASES, BUT THAT'S JUST A FUNCTION OF HOW THE TERM WORKS AT ANSCHUTZ WHERE SOME OF THEIR NEW STUDENTS ACTUALLY START IN THE SUMMER. SO THIS IS PICKING UP A REALLY SMALL NUMBER OF STUDENTS THAT ACTUALLY STARTED IN THE FALL OUTSIDE OF THAT USUAL COHORT START TIME.
AGAIN, THIS VARIES BY COLLEGE, BUT THIS IS RIGHT.
THIS IS RIGHT IN LINE OF THE TOTAL BOTTOM LINE.
AND THEN HISTORICAL TRENDS, YOU CAN SEE HERE AGAIN THAT TOP LINE OF UNDERGRADUATE NURSING.
SO WHERE DO WE GO FROM HERE? WE'VE USED DATA FROM LATE AUGUST INTO EARLY SEPTEMBER TO POPULATE THIS PRESENTATION FOR THIS PRELIMINARY ENROLLMENT ESTIMATE.
WE FINALIZED CENSUS THIS WEEK AND INTO NEXT WEEK IN THE MIDDLE OF SEPTEMBER.
WE PROVIDE FINAL CENSUS DATA TO THE COLORADO DEPARTMENT OF HIGHER EDUCATION ON OCTOBER 15TH.
AND THEN THAT TIME FRAME, WE'LL ALSO BE ABLE TO EVALUATE WHAT DID CUS ENROLLMENT LOOK LIKE BY ETHNICITY, BY OTHER OTHER STUDENT DEMOGRAPHIC DATA THAT WE ARE INTERESTED IN IN EVALUATING.
SO THAT'S THAT'S WHERE WE ARE AT THIS STAGE.
SO THERE'S SOME GOOD NEWS AND BAD NEWS.
RIGHT. WHEN WILL WE SEE THAT NEXT? THAT'S EXACTLY RIGHT.
SO THAT'S THAT FINAL BULLET THERE.
YEAH. SO IN THE NOVEMBER TIME FRAME, WE'LL HAVE THAT DATA.
BUT BUT TO YOUR POINT OF WHY IS THAT INFORMATIONAL OR IMPORTANT, ESPECIALLY HITCHING BACK TO WHAT CHANCELLOR MARKS WAS SAYING IS IF WE KNOW THAT THERE'S A CERTAIN COMMUNITY COLLEGE POPULATION GROWING THAT MIGHT BE A TARGET INSTITUTION OR TARGET POPULATION FOR TRANSFERS, IF WE IF WE KNOW HOW CSU, FORT COLLINS, COLORADO SCHOOL OF MINES OR UNC ARE DOING RELATIVE TO OUR OVERALL RESEARCH INSTITUTIONS, THAT'S KIND OF LIKE A COMPARISON THAT WE CAN EVALUATE.
HOW ARE WE DOING RELATIVE TO OUR PEERS IN THE STATE.
SO YES, IT'S VALUABLE IN ALL SORTS OF WAYS AND WE'LL GET THAT OUT TO FOLKS IN NOVEMBER.
THE OTHER THING IS THAT WE WILL HAVE DATA ON RETENTION AND THAT'S ONE OF OUR MAIN PILLARS FOR THE STRATEGIC PLAN. SO I WOULD THINK THAT WE'D WANT TO PAY REALLY CLOSE ATTENTION TO THAT TO SEE HOW WE'RE COMING AFTER A COUPLE OF YEARS OF HARD WORK ON THAT.
I THINK THAT WE'LL BE SEEING THAT ALSO AND THAT WILL TELL US WHETHER OUR STRATEGIES ARE IMPORTANT OR NOT AND HOW WE'RE WORKING ON THEM OR WHETHER WE HAVE TO DO SOMETHING DIFFERENT WITH IT.
BUT THERE WAS NO CONVERSATION AROUND RETENTION AND GRADUATION RATES WHEN YOU DO GO TO METRO AND THE QUALITY OF EDUCATION, IT WAS ALMOST IN MY MIND, A BIT OF A SURPRISE WHEN WE TOLD THEM THE DIFFERENCES BETWEEN GRADUATION RATES.
[01:45:07]
THE AMOUNT OF STUDENTS THAT CHOOSE US OVER METRO BECAUSE THERE'S NOTHING WORSE THAN DROPPING OUT OF SCHOOL WITH STUDENT DEBT AND NOT COMPLETING A DEGREE.SO UP NEXT, WE HAVE THE TREASURER'S REPORT WITH TREASURER USHA SHARMA.
I DON'T THINK I NEED TO INTRODUCE MYSELF AGAIN SINCE REGENT CHAVEZ DID THAT.
SO IT'S A PLEASURE TO BE HERE PRESENTING AND PRESENTING TO YOU THE QUARTERLY REPORT FOR QUARTER ENDING JUNE 30TH, 2023, WHICH ALSO HAPPENS TO BE YEAR END FOR THE UNIVERSITY.
YOU ALSO HAVE AN EIGHT PAGE REPORT THAT IS POSTED ON BOARD DOCS.
SO THERE IS A LOT OF INFORMATION ON THIS SLIDE.
IT'S A DASHBOARD FOR TREASURY POOL INVESTMENT PORTFOLIO.
TOTAL ASSETS IN THE TREASURY POOL WAS $3.2 BILLION AT THE END OF 2000 FISCAL YEAR 2023 VERSUS $2.9 BILLION AT THE END OF FISCAL YEAR 2022.
A NICE GAIN OF $291 MILLION OVER A YEAR.
EQUITIES BOUNCED BACK TO A POSITIVE TERRITORY IN THE FIRST HALF OF 2023 CALENDAR YEAR AFTER A VOLATILE MARKET AS WE ALL EXPERIENCED LAST YEAR.
RETURNS ON POOL ASSETS FOR QUARTER ENDING JUNE 30TH WAS 2.97 VERSUS OUR BENCHMARK INDEX RETURN OF 2.75%. ROLLING 12 MONTH RETURN WAS 9% VERSUS BENCHMARK RETURN OF 7.58, A NICE OUTPERFORMANCE BY 142 BASIS POINTS.
THE THREE YEAR RETURN LAST THREE YEAR RETURNS WAS 7.11% AND 5.49 FOR INCEPTION TO DATE, POOL OUT FORM OUTPERFORMED ALL OF ITS BENCHMARK INDICES IN ALL TIME PERIODS MENTIONED HERE.
AND THESE RETURNS ARE NET OF FEES, SO NOTHING IS TAKEN OUT.
SO WHAT YOU SEE HERE IS WHAT IS STATED IN THE PORTFOLIO.
AS OF JUNE 30TH, 2023, PORTFOLIO CONSISTED OF ABOUT 25% IN CASH, 25% IN FIXED INCOME, 50% IN EQUITY. BREAKING THAT EQUITY PORTION FURTHER 10% OF THAT IS IN THE FOUNDATION LONG TERM INVESTMENT POOL, 8% IN GLOBAL EQUITY, 8% IN INTERNATIONAL EQUITY, AND ABOUT 24% IN DOMESTIC EQUITY.
SO THE DOMESTIC EQUITY, AS MEASURED BY S&P 500, RETURNED ALMOST 20% FOR THE LAST 12 MONTHS.
BUT WORTH MENTIONING IS THAT THE INDEX IS DOMINATED BY SEVEN STOCKS, WHAT THEY CALL LIKE MAGNIFICENT SEVEN, APPLE, AMAZON, ALPHABET, NVIDIA, META, MICROSOFT AND TESLA.
THEY MAKE UP ABOUT 25% OF THE PORTFOLIO FROM MARKET CAPITALIZATION AND THEY TOOK LIKE COLLECTIVELY RETURNED 64% WITH THE REST OF THE REMAINING INDEX EARNING ONLY 3%.
AND WE WILL CONTINUE TO SEE LOSS IN LONG TERM BOND PORTFOLIO WITH RISING RATES E NVIRONMENT.
SO THIS IS A NEW REPORT MOST PROBABLY THE FULL BOARD HASN'T SEEN BEFORE.
I WANT TO PAUSE HERE AND SEE IF YOU HAVE ANY QUESTIONS BEFORE I JUMP TO THE NEXT SLIDE.
OH, I THINK WE CAN GO TO THE NEXT ONE.
SO THIS IS THE SLIDE THAT GIVES YOU INVESTMENT POOL OPERATING INDICATORS WITH GREEN ARROWS POINTING UP, SAYING THAT WE HAD GAINED, WE HAD POSITIVE RETURNS AND THE PORTFOLIO AND THE RED ARROWS POINTING DOWN ARE INDICATE LOSSES.
[01:50:02]
RIGHT NEXT ONE.SO THIS IS THIS IS MY LAST ONE.
AND THIS IS THE OVERVIEW OF UNIVERSITY'S DEBT PORTFOLIO.
DEBT BALANCE AS OF JUNE 30TH WAS $1.74 BILLION, DOWN ABOUT $78 MILLION FOLLOWING PRINCIPAL PAYMENTS THAT HAPPENED ON JUNE 1ST. THE RECENT TENDER REFUNDING THAT CLOSED ON AUGUST 1ST, WHICH HAPPENS TO BE IN ANOTHER QUARTER, REDUCES THIS OUTSTANDING BALANCE FURTHER BY ABOUT $17 MILLION.
THE CURRENT DEBT CAPACITY RATIO REGENT CHAVEZ MENTIONED 5.17.
THE 5.17 IS WITH NEW DEBT ISSUED AND WITHOUT ANY NEW DEBT ISSUED.
BUT WHAT MY POINT THAT I WANT TO EMPHASIZE HERE IS WITH NEW DEBT ISSUED OVER THE NEXT FIVE YEARS FOR REGENT APPROVED PROJECTS, THAT DEBT CAPACITY RATIO AT THE END OF FISCAL YEAR 28 WILL BE 3.86.
SO IT'S STILL A LOT OF CAPACITY LEFT TO REGENT TARGET OF 7% AND THE STATUTORY LIMIT OF 10%.
UM, THE WEIGHTED AVERAGE COST OF CAPITAL CURRENTLY IS AT 2.2%.
IT'S A FULL PERCENTAGE POINT DROP FROM 2018.
SO IMPLEMENTING DIFFERENT DEBT STRATEGY THAT INCLUDES COMMERCIAL PAPER, VARIABLE RATE DEBT AND PUT BONDS HAVE CONTRIBUTED TO LOWER THIS COST OF CAPITAL, WHICH DIRECTLY IMPACTS CAMPUS'S ANNUAL DEBT SERVICE PAYMENTS.
THAT'S ALL I HAVE READY FOR QUESTIONS.
THANK YOU. I THINK THIS IS YOUR FIRST PRESENTATION.
RIGHT? SO WE'RE THRILLED TO HAVE YOU HERE.
SO WELCOME. AND AND WE LOOK FORWARD TO TO WORKING WITH YOU FOR MANY, MANY YEARS.
THE DEBT CAPACITY RATIO NUMBERS ARE ALWAYS INCREDIBLE TO ME HOW IMPRESSIVE THAT IS THAT SUCH A LOW PERCENTAGE AND LIKE YOU SAID, EVEN WITH ANTICIPATED ADDITIONAL DEBT FOR NEW FOR NEW PROJECTS THAT HAVE BEEN APPROVED IT'S GOING TO GO DOWN.
AND SO OUR OUR ISSUE IS NEVER THAT THAT WE DON'T HAVE ENOUGH CAPACITY.
IT'S JUST THAT WE HAVE TO MAKE DEBT PAYMENTS.
SO YEAH, SO BUT THAT'S VERY THAT'S REALLY IMPRESSIVE.
AND THE OTHER THING I JUST WANT TO COMMENT ON IS, IS THE STABLE, THE INCREDIBLE CREDIT RATINGS WE HAVE AND THE AND THE FACT THAT WE ARE CONTINUING TO BE LOOKED AT AS STABLE IS REALLY POSITIVE.
AND THAT'S NOT WHAT YOU SEE IN IN HIGHER EDUCATION GENERALLY.
AND SO SO KUDOS TO YOU AND TO THOSE WHO CAME BEFORE YOU.
SO YOU MIGHT SEE NUMBERS SLIGHTLY DIFFERENT FOR EACH CAMPUSES.
I DO HAVE ONE VERY SMALL QUESTION.
THE VERY FIRST SLIDE IN YOUR PRESENTATION.
IS THAT YOUR PICTURE? OH, HE'S TALKING TO CHAD ABOUT THAT.
YEAH. SO THAT IS A VIEW OF TWIN LAKES FROM SUMMIT OF MOUNT ELBERT.
SO THE TRADITION CONTINUES WITH OUR TREASURER.
YEAH, I KNOW. I'M WAITING FOR MY BIG ONE.
YEAH. SHE'S CARRYING ON THE TRADITION.
THANK YOU SO MUCH AND WELCOME.
OH, I'M SORRY. I HAVE A QUICK QUESTION.
SORRY. LESLEY YEAH. TODD, YOU MENTIONED OUR RATING COMPARED TO OTHERS IN HIGHER ED, SO ARE THE ARE THE RATINGS ALL PUBLIC KNOWLEDGE? YES.
BE INTERESTING TO SEE, ACTUALLY.
SO, YES, IT WOULD BE INTERESTING TO SEE THE LINK SO WE COULD SEE THAT OURSELVES.
YEAH. SO WE CAN GET THAT OUT TO YOU.
GREAT. YEAH. AND IT'S A SWEET SPOT TO BE BECAUSE, I MEAN, THERE IS ALWAYS REQUIREMENTS TO MAINTAIN HIGHER [INAUDIBLE], BALANCE EVERYTHING WITH TRIPLE A, BUT THE SPREAD DIFFERENTIAL WHEN YOU WHEN WE GO OUT TO THE BOND MARKET TO ISSUE DEBT IS NOT THAT DIFFERENT BETWEEN THE TOP TRIPLE A AND THEN THE NOT BELOW.
[01:55:02]
ANY OTHER QUESTIONS? THANK YOU.THANKS. THE NEXT ORDER OF BUSINESS IS THE GOVERNANCE COMMITTEE REPORT AND WORK PLAN.
GOVERNMENT CHAIR OR GOVERNMENT CHAIR.
[M. 10:00 a.m. GOVERNANCE COMMITTEE DISCUSSION AND ACTION ITEMS]
COMMITTEE CHAIR SPIEGEL AND VICE PRESIDENT DINEGAR WILL PRESENT.GREAT. THANK YOU. THANK YOU, CHAIR RENNISON.
THE GOVERNANCE COMMITTEE MET ON AUGUST 24TH, 2023, AND REGENTS IN ATTENDANCE FOR MYSELF.
REGENT GALLEGOS, WHO IS THE VICE CHAIR, REGENT MCNULTY AND REGENT RENNISON CHAIR RENNISON ATTENDED IN PLACE OF REGENT SMITH AND REGENT WANDA JAMES ALSO JOINED US. SO THANK YOU EVERYONE FOR JOINING US.
AND WE HAD AN AMAZING MEETING IN PERSON.
THERE WAS A LOT OF WORK THAT WENT IN, A LOT OF PEOPLE WHO DID THAT.
SO THANK YOU, EVERYONE, AND THANKS FOR THOSE OF YOU WHO SHOWED UP IN PERSON OR VIA ZOOM.
AT THAT MEETING, THE GOVERNANCE COMMITTEE APPROVED AN AMBITIOUS WORK PLAN FOR THE UPCOMING ACADEMIC YEAR THAT INCLUDES CONSIDERING CHANGES TO NUMEROUS LAWS AND POLICIES, PLANNING AND EXECUTING THE REGENT RETREATS, REVIEWING THE GOVERNANCE COMMITTEE CHARTER, REVIEWING ANY PROPOSED CHANGES FOR OTHER COMMITTEE CHARTERS, AND APPROVING A FIVE YEAR LAW AND POLICY REVIEW PLAN.
THE WORK PLAN IS CONTAINED IN BOARD DOCS.
THE COMMITTEE ALSO RECEIVED FEEDBACK FROM THE REGENT RETREAT HELD IN JULY.
THE COMMITTEE BEGAN TO DISCUSS GOALS AND INTENTIONS FOR THE WINTER RETREAT.
SOME SUGGESTIONS INCLUDED KEEPING THE WINTER RETREAT AS A DAY AND A HALF OR TWO DAY RETREAT, FINDING LOCATIONS OUTSIDE OF THE METRO AREA AND BUILDING IN NATIONAL VIEWS TO LEND PERSPECTIVE TO ISSUES.
THE COMMITTEE WILL DISCUSS THE RETREAT FURTHER AT THE OCTOBER MEETING.
DAN MONTEZ WITH THE OFFICE OF POLICY AND EFFICIENCY AND VICE PRESIDENT LEONARD DINEGAR UPDATED THE COMMITTEE ON THE STATUS OF LAW AND POLICY REVIEW, WHICH HAS BEEN ONGOING FOR SEVERAL YEARS.
THOSE POLICIES ARE 3I COMPENSATION FOR ADMINISTRATIVE OFFICERS RETURNING TO ANY FACULTY POSITIONS AND 5E TENURED AND TENURE TRACK FACULTY DISMISSAL FOR CAUSE.
THE FOLLOWING LAWS AND POLICIES WERE DISCUSSED AT THE AUGUST 24TH GOVERNANCE COMMITTEE MEETING.
READY FOR IT. AS WE SAID, IT'S AMBITIOUS.
CHANGES TO REGENT POLICY 10A PROVISIONS RELATING TO DIVERSITY AND NONDISCRIMINATION POLICIES.
RENUMBERING REGENT POLICY 10E COMPENSATION PRINCIPLES TO REGENT POLICY 11A.
THIS ITEM WAS PLACED ON THE CONSENT AGENDA AT THIS BOARD MEETING.
10H PORTION OF LETTER TO REPRESENTATIVE GONZALEZ ADOPTED BY THE REGENTS, THE GOVERNANCE COMMITTEE FORWARDED THE PROPOSED RESCISSION TO THE BOARD OF REGENTS FOR CONSIDERATION AT THIS MEETING WITH A 3 TO 1 VOTE RESCISSION OF REGENT POLICY 10P DIVERSITY.
ORGANIZATION AND POWERS AND REGENT POLICY TO A C1 COMMITTEE GOVERNING PRINCIPLES.
THESE CHANGES CONCERN THE TIMING OF CHAIR AND VICE CHAIR ELECTIONS AS WELL AS COMMITTEE ASSIGNMENTS.
CONDUCT OF MEMBERS OF THE UNIVERSITY COMMUNITY AND REGENT POLICY 8.
CONDUCT OF MEMBERS OF THE UNIVERSITY COMMUNITY.
PROPOSED CHANGES TO ARTICLE 2E.
AMENDMENTS TO THE LAWS OF THE REGENTS AND POLICY 2N APPROVAL REVISIONS OR REPEAL OF REGENT POLICY.
[02:00:05]
PREVIOUSLY CHANGES WERE VOTED ON AT THE JUNE BOARD OF REGENTS MEETING AND THE NEWLY PROPOSED CHANGES ARE INTENDED TO FURTHER CLARIFY THE PROCESS.PROPOSED CHANGES TO REGENT POLICY 13G.
INDEMNIFICATION OF CONTRACTORS.
PROPOSED CHANGES TO REGENT POLICY 2L.
PUBLIC COMMENT AT COMMITTEE MEETINGS.
THE NEXT GOVERNANCE COMMITTEE MEETING.
THANK YOU. SO WE HAVE SEVERAL ACTION ITEMS TO TURN OUR ATTENTION TO.
JUDY BONACQUISTI AND VALERIE SIMONS, DID YOU WANT TO COME FORWARD AND CHAT ABOUT IT? YEAH. THANK YOU, CHAIR RENNISON.
SO THE PIECES THAT YOU HAVE IN FRONT OF YOU ARE BROKEN UP INTO DIFFERENT SEGMENTS.
WE ARE REQUESTING THAT YOU TAKE A LOOK AT POLICY 10A, RESCIND WHAT THE CURRENT POLICY IS AND REPLACE WITH THE NEW PROPOSED POLICY 10 A. SO FOR THOSE WHO MAY NOT BE AWARE HERE IN THE AUDIENCE, THIS PROCESS THAT WE WENT THROUGH THIS YEAR WAS INTENTIONALLY INCLUSIVE AND ITERATIVE.
WE WANTED TO GET AS MUCH INFORMATION AS WE COULD.
SO THE CURRENT POLICY 10A WAS CREATED IN THE 70S HAS NOT BEEN TOUCHED SINCE THE 70S.
SO WORKING WITH THIS COMPREHENSIVE GROUP TO ENSURE THAT WE WERE LOOKING AT DIVERSITY, EQUITY AND INCLUSION AS A METHOD OF THE VALUES AND FOUNDATIONAL TO OUR STRATEGIC PLAN, WE HAVE PROPOSED A NEW UPDATE.
VALERIE, DID I MISS ANYTHING? NOTHING FURTHER FROM ME. THANK YOU.
GREAT. I WOULD MAKE A MOTION THAT WE.
ALL RIGHT. WELL, I WILL GO TO THE NEXT PAGE OF MY SCRIPT THEN.
IS THERE ANY DISCUSSION ON THIS? YES. REGENT VANDRIEL.
SO, 10A AS IT PREVIOUSLY CONSTITUTED, EXISTED FOR ABOUT 50 YEARS.
AND WHEN IT CAME INTO PLACE, WE HAD STRUGGLES WITH DISCRIMINATION AND PROVIDING LACK OF SERVICE TO A VARIETY OF GROUPS OF PEOPLE, CERTAINLY INCLUDING WOMEN, PEOPLE FROM RURAL COLORADO, FIRST GENERATION STUDENTS, CONSERVATIVES, POOR COLORADOANS, HISPANIC, BLACK, ASIAN STUDENTS, AND PROBABLY OTHERS, OTHER CATEGORIES I HAVEN'T MENTIONED IN THE PAST 50 YEARS.
WE'VE GONE TO HAVING PROBLEMS ADDRESSING ON THE BASIS OF SEX.
WE HAVEN'T MADE AS MUCH PROGRESS AS WE WOULD HAVE LIKED UNDER THIS UNDER OUR PREVIOUS POLICY.
I DON'T THINK THIS IS A GREAT POLICY.
I'M HAPPY WITH WHERE WE'VE WHERE WE'VE COME ON THIS.
I THINK WE CANNOT DILUTE OURSELVES THAT THIS CAN STAND FOR 50 YEARS.
WE THIS GIVES US SOME OPPORTUNITY.
AND SO I THANK EVERYONE FOR WORKING ON THIS AND I LOOK FORWARD TO WHAT COMES NEXT.
GREAT. REGENT THANK YOU, MADAM CHAIR.
[02:05:03]
SO WE'RE THE POLICY IS NOW IS NOT IN A PLACE THAT I CAN SUPPORT IT.UM, AND SO I WILL VOTE NO ON ON THIS CHANGE TODAY.
I DO WANT TO TAKE A MOMENT, THOUGH, TO THANK YOU, MADAM CHAIR, REGENT SPIEGEL TO THANK YOU FOR LISTENING TO ME, LISTENING TO THE CONCERNS OF MANY OF THE FOLKS THAT I REPRESENT AND THE FOURTH CONGRESSIONAL DISTRICT ON THIS MATTER.
I DO THINK THAT THE PROCESS WAS OPEN.
I THINK THAT MY OBSERVATIONS CRITIQUES WERE THOUGHTFULLY CONSIDERED, AND I APPRECIATE THAT.
JUDY, THIS STARTED OUT IN A PLACE WHERE I REALLY DIDN'T LIKE IT.
MY WIFE DOESN'T EVEN LISTEN TO ME FOR LONGER THAN AN HOUR, SO I DON'T KNOW WHETHER THE PRESIDENT TOLD YOU YOU HAD TO DO THIS OR WHETHER YOU ACTUALLY WERE INTERESTED IN WHAT I HAD TO SAY. BUT REGARDLESS, I DO.
AND I DO THINK THIS PROCESS WAS FAIR AND TRANSPARENT, AND I'M GRATEFUL FOR THAT.
AND SO THOUGH I WILL VOTE NO TODAY, THAT IS A REFLECTION ON THE SUBSTANCE OF THE POLICY AND NOT A REFLECTION ON THE PROCESS THAT WAS USED TO GET US TO THIS POINT. SO THANK YOU, MADAM CHAIR.
AND AGAIN, THANK YOU, REGENT SPIEGEL FOR YOUR WORK.
GOOD. GOOD MORNING, EVERYBODY.
THIS POLICY CHANGE AND THANK YOU TO JUDY AND YOUR TEAM FOR THE TREMENDOUS AMOUNT OF WORK THAT YOU DID ON THIS AND THE TREMENDOUS AMOUNT OF EXPLANATIONS THAT I BELIEVE YOU DID FOR PROBABLY EVERY REGION UP HERE.
AND WE REALLY APPRECIATE THAT WORK.
I DO WANT TO SAY SOMETHING ABOUT A NUMBER OF THINGS ON THIS ON THIS POLICY.
THIS POLICY IS AT THE CORE OF WHY I'M SITTING AT THIS TABLE.
MY ELECTION TO THIS BOARD REPRESENTS 44 YEARS WITHOUT A BLACK WOMAN ON THIS BOARD.
AND THIS HAS NOT BEEN UPDATED SINCE 1971.
SO THERE HAVE BEEN NUMEROUS CHANGES, OBVIOUSLY IN AMERICA SINCE 1971.
SO I'M GLAD THAT WE'RE GETTING TO THE POINT OF REFLECTING THIS.
AS POLITICS HAS TAKEN OVER IN AMERICA, WE'VE SEEN SUPREME COURT ISSUES AND DIFFERENT THINGS.
THIS IS ONE OF THE MOST SPECTACULAR BOARDS THAT I HAVE EVER HAD THE PRIVILEGE OF WORKING ON.
AND I'M THRILLED THAT WE'RE MOVING FORWARD WITH THIS.
I WOULD LIKE TO SEE THIS BE STRONGER, REFLECTING OUR SUPPORT OF THE IMPORTANCE OF DIVERSITY, EQUITY AND INCLUSION IN ALL THAT WE DO.
AND THIS IS ONCE AGAIN THE BEGINNING OF THIS CONVERSATION, NOT THE END OF THIS CONVERSATION.
SO THANK YOU TO ALL AND THANK YOU FOR ALL OF THE WORK.
I'M VERY EXCITED TO CONTINUE TO ROLL UP OUR SLEEVES AND CONTINUE TO WORK TO MAKE THE UNIVERSITY OF COLORADO A PLACE WHERE WE ALL FEEL WELCOME, NO MATTER WHAT YOUR ROLE IS WITH THIS AMAZING UNIVERSITY.
THANK YOU. I JUST WANT TO ECHO THE COMMENTS THAT MY FELLOW REGENTS HAVE MADE.
I THINK THE WORK THAT JUDY AND VALERIE DID WAS TREMENDOUS.
I APPRECIATE THE OPEN DIALOG AND YOU CONTINUE TO REPRESENT THE VALUES OF THIS UNIVERSITY.
I THINK WHAT'S IMPORTANT TO RECOGNIZE IN ANY POLICY IS THAT IT'S WORDS ON PAPER.
[02:10:08]
AND THE PRIDE THAT WE HAVE IN THE SCHOOL THAT WE LEAD.AND I COULDN'T AGREE MORE WITH REGENT JAMES ON THAT WHOLE NOTION.
THIS IS A STRONG BOARD AND WE HAVE STRONG BELIEFS.
AND I WANT TO THANK ALL OF YOU FOR ALLOWING US TO DO THAT.
THANK YOU REGENT MONTERA, ANY OTHER DISCUSSION? IF NOT, COULD YOU PLEASE CALL THE ROLL? SO THE MOTION PASSES.
JUDI AND VALERIE DO YOU WANT TO SPEAK TO THAT, PLEASE? THIS IS ANOTHER FRAGMENT OF A LETTER FROM 1973 THAT EXISTS IN CURRENT POLICY.
OUR RECOMMENDATION IS TO RESCIND THIS ACTION.
GREAT. ANYTHING ELSE? OKAY. IS THERE A MOTION TO RESCIND POLICY 10H?.
OKAY. IT'S MOVED BY REGENT SPIEGEL AND SECONDED BY REGENT GALLEGOS.
IS THERE ANY DISCUSSION? OKAY. I'M SORRY. I DIDN'T SEE WHO WENT FIRST.
THANK YOU, MADAM CHAIR. I SHARED THESE THOUGHTS IN GOVERNANCE COMMITTEE.
I DO UNDERSTAND THAT THIS IS A AN HISTORICAL ANOMALY THAT SITS IN REGENT POLICY.
BUT I DIDN'T KNOW THAT AT THE TIME.
IT'S THE SENTIMENT THAT IS EXPRESSED IN THIS THAT I FIND VERY IMPORTANT TO THE WORK OF THE UNIVERSITY, TO THE WAY IN WHICH PEOPLE OUTSIDE OF THIS SCHOOL VIEW OUR UNIVERSITY.
I DON'T THINK THAT WHAT WE HAVE IS AS FORCEFUL ON FREE SPEECH AS THE LANGUAGE THAT IS EXPRESSED HERE. AND SO MY OPINION, AS I EXPRESSED IN COMMITTEE, AN EXPRESSED HERE TODAY, WE SHOULD NOT REPEAL THIS PROVISION UNTIL WE HAVE IN FRONT OF US A PROVISION THAT REPLACES THIS LANGUAGE SOMEPLACE ELSE IN A MORE APPROPRIATE PLACE AND A MORE APPROPRIATE WAY IN REGENT POLICY.
AND FOR FOR THOSE REASONS, WILL OPPOSE THIS CHANGE TODAY.
THIS IS A POLICY THAT I LOVE QUITE A BIT FOR MANY OF THE REASONS REGENT MCNULTY SHARED.
I'VE TALKED ABOUT THIS A LOT WITH PEOPLE, AND I WANT TO HIGHLIGHT A FEW THINGS ABOUT THIS.
CU HAS A REPUTATION ACROSS THIS COUNTRY FOR THE WAY THAT GUESTS ARE TREATED ON OUR CAMPUSES FOR THE WAY THAT FREE SPEECH WORKS ON OUR CAMPUSES.
WE ALSO SHOULDN'T BE CHANGING THAT.
THE OBJECTIONS TO THIS POLICY THAT I'VE HEARD ARE SUBSTANTIALLY THAT THE TITLE IS BAD.
IT IS. IT DOES NOT FIT IN OUR SCHEME, BUT THE SUBSTANCE OF THE POLICY IS IMPORTANT TO US AND THE HISTORY THAT WE HAVE WHERE THIS HAS LASTED FOR MORE THAN 50 YEARS IS ONE I'M PROUD OF.
WE SHOULD NOT BE DOING THIS UNTIL WE HAVE AN ADEQUATE AND COMPLETELY SUBSTANTIAL REPLACEMENT.
IF NOT, COULD YOU CALL THE ROLL, PLEASE?
[02:15:25]
SO THE MOTION TO RESCIND PASSES.THANK YOU. NEXT ACTION ITEM PROPOSAL TO RESCIND REGENT POLICY 10P DIVERSITY.
SO OUR RECOMMENDATION IS TO RESCIND.
GREAT. IS THERE A MOTION TO RESCIND POLICY 10P? SO MOVED OKAY. I THINK WE'VE GOT A MOTION BY REGENT SPIEGEL AND A SECOND BY JAMES AND A THIRD BY REGENT GALLEGOS.
SO IS THERE ANY DISCUSSION ON THIS? SEEING NONE. COULD YOU CALL THE ROLL, PLEASE? SO AND JUST SO EVERYBODY KNOWS REGENT MCNULTY'S GOT A BUSINESS CALL.
HE'S TRYING TO GO BACK AND FORTH.
YEAH. SO THE MOTION PASSES, THEN WE'LL MOVE ON.
ACTION ITEM CHANGES TO ARTICLE 2A AND REGENT POLICY 2C1 VP HUETH.
SO, ARTICLE 2A CURRENTLY SETS THE THE DATE FOR ELECTION OF THE BOARD CHAIR AND VICE CHAIR AS THE LAST REGULAR MEETING BEFORE THE END OF THE FISCAL YEAR, WHICH IS ORDINARILY THE JUNE BOARD MEETING.
AS WELL ARTICLE 2 OR POLICY 2C1 PROVIDES THE SAME TIMING FOR APPOINTMENT OF COMMITTEES AND COMMITTEE CHAIRS AND COMMITTEE LEADERSHIP. THIS PROPOSAL IS TO CHANGE THE DATE FOR THE CYCLE OF ELECTING CHAIRS AND APPOINTING COMMITTEES TO THE FIRST REGULAR MEETING AFTER THE BEGINNING OF THE CALENDAR YEAR SO IT WOULD MOVE CHAIR AND VICE CHAIR ELECTIONS AND COMMITTEE APPOINTMENTS TO ESSENTIALLY PROBABLY THE FEBRUARY BOARD MEETING EVERY YEAR.
THE WAY THIS PROPOSAL IS WRITTEN, THE CHANGES WOULDN'T GO INTO EFFECT UNTIL 2025.
SO THE CURRENT COMMITTEE APPOINTMENTS AND BOARD LEADERSHIP WOULD SERVE THROUGH THE END OF THE FISCAL YEAR AND THEN THE BOARD WOULD HAVE THE REST OF THIS YEAR TO DECIDE WHETHER OR NOT THE NEXT CHAIR CYCLE IS SIX MONTHS OR 18 MONTHS.
I NEED TO POINT OUT THAT CHANGES TO THE LAWS OF THE REGENTS REQUIRE A NOTICE OF MOTION AT LEAST TWO MONTHS AT A REGULAR MEETING PRIOR TO THE MEETING, WHICH IS GOING TO TAKE ACTION.
AND AS WELL REGENT POLICY CHANGES REQUIRE A NOTICE OF MOTION, AT LEAST ONE REGULAR MEETING PRIOR.
SO THIS WAS NOTICED TO THE BOARD AT THE JUNE AT YOUR REGULAR JUNE BOARD MEETING.
SO AND I KNOW THIS IS YOUR YOU'VE CHAMPIONED THIS.
YES. DOES THAT MEAN I SHOULD SAY SOMETHING? YEAH, GO RIGHT AHEAD.
WELL, LAST YEAR I HAD TO DO COMMITTEE ASSIGNMENTS THREE TIMES, SO WHEN NEW BOARD MEMBERS COME IN, THEY COME IN, IN JANUARY AND THEY GET ASSIGNED A COMMITTEE OR COMMITTEES.
AND THEN WE HAVE NEW ELECTIONS AND POTENTIALLY NEW COMMITTEE ASSIGNMENTS.
AND I JUST FEEL LIKE IT'S GOOD TO HAVE, YOU KNOW, TIME ON A COMMITTEE TO REALLY UNDERSTAND WHAT THE COMMITTEE IS ALL ABOUT AND TO FUNCTION WELL.
SO I JUST I FEEL LIKE IT JUST STRENGTHENS UP THE WAY THE BOARD FUNCTIONS.
THANK YOU. IS THERE A MOTION TO APPROVE CHANGES TO ARTICLE 2 A.
SECOND. WHOA, WHOA. [LAUGHTER] OKAY.
I'M GOING TO GO WITH REGENT VANDRIEL THIS TIME AS A SECOND.
IS THERE ADDITIONAL DISCUSSION ON THIS? YEAH, I'LL SAY SOMETHING PLEASE.
ONE THE OLD POLICY I THINK, HAS SERVED US WELL FOR I DON'T KNOW HOW MANY YEARS.
I THINK THAT WHEN YOU CHANGE POLICIES, IT SHOULD BE THAT THERE IS A GOOD REASON FOR IT.
[02:20:03]
I DON'T SEE GOOD REASONS.IT'S SIX OF ONE HALF DOZEN OF ANOTHER.
AND YOU KNOW, WHEN PEOPLE COME IN IN JANUARY AND THEY'RE ASSIGNED TO A COMMITTEE AT THAT POINT AND THEN IT COULD CHANGE AGAIN IN JUNE, I THINK WHAT HAPPENS AT THAT POINT IS THAT IT GIVES PEOPLE A CHANCE TO GET THEIR FEET ON THE GROUND AND US TO KNOW THEM BEFORE A NEW ONE IS ASSIGNED.
AND AGAIN, I DON'T BELIEVE IN CHANGING POLICY FOR THE SAKE OF CHANGING.
I THINK THERE SHOULD BE A REASON I DON'T SEE ONE, SO I'M NOT GOING TO SUPPORT IT.
ANY OTHER DISCUSSION? IF NOT, COULD YOU PLEASE CALL THE ROLL? REGENT CHAVEZ. AYE.
REGENT GALLEGOS? NO. REGENT JAMES? YES. REGENT MCNULTY.
[INAUDIBLE] YES. REGENT SPIEGEL.
YES. REGENT SMITH? YES. REGENT VANDRIEL? YES. AND CHAIR RENNISON.
THANK YOU. AND CONGRATULATIONS REGENT SMITH.
I KNOW THIS IS SOMETHING YOU'VE WANTED FOR A WHILE.
THANK YOU, MADAM CHAIR. SO I JUST READ THE BOARD.
AND WE'RE GOING TO TALK ABOUT THE ITEM AT THE IN JUST A SECOND WITH A UNANIMOUS VOTE.
THE SECOND ITEM SEVEN ON YOUR AGENDA, CHIEF COMPLIANCE OFFICER.
I WANT TO MAKE SURE I GET HER TITLE RIGHT.
BUT ESSENTIALLY, THE LEGISLATURE AMENDED THE COLORADO CIVIL RIGHTS ACT TO REQUIRE PUBLIC EMPLOYERS WHO ARE COVERED BY THE ACT TO PREVENT DISCRIMINATION ON THE BASIS OF MARITAL STATUS.
WHAT WE NEED TO DO IS FIRST ASK YOU FOR A UNANIMOUS VOTE TO WAIVE THE NOTICE REQUIREMENT SO THEN YOU CAN CONSIDER THE CHANGE TO ARTICLE EIGHT AND ACTUALLY POLICY EIGHT TWO AS WELL TO ADD MARITAL STATUS IN ORDER TO KEEP US IN COMPLIANCE WITH STATE STATUTE.
SO WE HAVE TWO SEPARATE ACTIONS HERE.
GREAT. YEAH, I WOULD APPRECIATE EVERYTHING.
VICE PRESIDENT HUETH SAID, JUST TO REITERATE, IT'S NOW DISCRIMINATORY PRACTICE AS OF AUGUST 7TH, 2023 IN COLORADO FOR EMPLOYERS TO REFUSE TO HIRE, TO DISCHARGE, TO PROMOTE OR DEMOTE, TO HARASS DURING THE COURSE OF EMPLOYMENT, OR TO DISCRIMINATE IN MATTERS OF COMPENSATION TERMS, CONDITIONS OR PRIVILEGES OF EMPLOYMENT AGAINST ANY INDIVIDUAL OTHERWISE QUALIFIED BECAUSE OF MARITAL STATUS.
THANK YOU. IS THERE A MOTION TO WAIVE THE REQUIRED? THANK YOU. SECOND.
ALL RIGHT. IT'S BEEN MOVED BY REGENT GALLEGOS AND I THINK REGENT SMITH GOT IN THERE WITH THE SECOND.
ANY DISCUSSION? OH. OH, I'M SORRY.
I JUST WANT TO CLARIFY THAT THIS FIRST VOTE IS GOING TO BE FOR A WAIVER OF NOTICE.
IF NOT, COULD YOU PLEASE CALL THE ROLL? REGENT CHAVEZ.
AYE. REGENT GALLEGOS? YES. REGENT JAMES? YES. REGENT MCNULTY.
THANK YOU. SO NOW WE CAN MOVE ON TO ACTUALLY CHANGING ARTICLE EIGHT.
DID YOU WANT TO ADD FURTHER EXPLANATION TO THAT? I THINK THAT WE HAVE COVERED IT IN THAT PRIOR DISCUSSION.
SO IS THERE A MOTION TO APPROVE CHANGES TO ARTICLE EIGHT OF THE LAWS OF THE REGENTS AND REGENT POLICY? SO MOVED. ALL RIGHT.
REGENT SPIEGEL GOT IN WITH THE MOTION AND VANDRIEL GOT THE SECOND ON THAT ONE.
SO IS THERE ANY DISCUSSION? GREAT. REGENT VANDRIEL.
THANK YOU, MADAM CHAIR. I'M HAPPY WE'RE DOING THIS, BUT I WANT TO HIGHLIGHT THAT THIS IS SOMETHING THAT'S THIS IS PART OF SOMETHING THAT'S REALLY IMPORTANT TO ME, WHICH IS CODIFYING THINGS WE ALREADY SHOULD BE DOING.
[02:25:05]
THAT PEOPLE HAVE THAT WE'RE ALREADY GRANTING THEM.I BELIEVE THAT THAT IS A MATTER OF RESPECTING THEIR DIGNITY AND JUSTICE.
SO I'M THRILLED WE'RE DOING THIS.
THANK YOU, MADAM CHAIR. THANK YOU.
IF NOT, COULD YOU CALL THE ROLL, PLEASE? REGENT CHAVEZ. AYE.
YES. REGENT JAMES? YES. REGENT MCNULTY.
YES. REGENT SMITH? YES. REGENT VANDRIEL? YES. AND CHAIR RENNISON.
THANK YOU. OUR NEXT ITEM IS A NOTICE OF MOTION REGARDING RECOMMENDED CHANGES TO REGENT POLICY 2N AND ARTICLE 2E OF THE LAWS OF THE REGENTS.
VICE PRESIDENT DEININGER IF YOU COULD SHARE THAT.
THANK YOU VERY MUCH. WE'RE ASKING THE BOARD TO REVISIT POLICY 2N AND 2E.
THESE ARE POLICIES THAT YOU APPROVED JUST IN JUNE.
THE CHANGES ARE INTENDED TO ALLOW THE STAFF TO MAKE NON-SUBSTANTIVE CHANGES IN A TIMELY MANNER WHEN NEEDED, TO CORRECT OBVIOUS INCONSISTENCIES OR ERRORS IN THE LAWS AND POLICIES OF THE REGENTS. I'LL GIVE YOU A COUPLE OF EXAMPLES.
WE HAVE INCORRECT REFERENCES TO STATE STATUTE REGENT LAWS REGENT POLICIES.
WE HAVE INCONSISTENT REFERENCES TO ITEMS THE REGIONS HAVE PREVIOUSLY ACTED ON.
WHEN WE FIND CORRECTIONS THAT NEED TO BE MADE, WE'D LIKE TO BE ABLE TO DO THAT.
SOMETIMES WE HAVE INCORRECT TITLES.
AN EXAMPLE IS WE HAVE REFERENCES TO REGENT BUDGET AND FINANCE COMMITTEE.
IT SHOULD BE THE REGENT FINANCE COMMITTEE.
SO WHAT WE'RE ASKING TO DO IS THAT THE CURRENT LANGUAGE THAT WAS APPROVED IN JUNE SAID THE COMMITTEE WILL SHARE THE PROPOSED LIST OF NON-SUBSTANTIVE CHANGES WITH THE GOVERNANCE COMMITTEE AND THEN THE BOARD OF REGENTS.
AND THIS IS THE KEY PART ON AN ANNUAL BASIS BEFORE ANY SUCH CHANGES ARE MADE TO REGENT POLICY.
BUT THE COMMITMENT IS THAT WE WOULD PROVIDE A WRITTEN SUMMARY OF ANY NEW CHANGES TO THE REGENT GOVERNANCE COMMITTEE AND WRITTEN SUMMARY BE INCLUDED IN THE BOARD DOCS FOR EACH BOARD OF REGENTS MEETING AS PART OF THE GOVERNANCE COMMITTEE REPORT.
WE DIDN'T REALLY DO A GOOD JOB IN DOING THAT, AND THAT'S KIND OF HOW WE ENDED UP WHERE WE ARE.
SO THIS IS A REQUEST TO FIX THAT.
IS THERE ANY DISCUSSION ON THIS NOTICE OF MOTION? GOOD. OKAY, GREAT.
THE NEXT NOTICE OF MOTION IS REGARDING RECOMMENDED CHANGES TO REGENT POLICY 13 G.
SO THIS IS JUST A NOTICE OF MOTION.
YOU DON'T HAVE TO VOTE ON THIS.
IN 2020, YOU ADOPTED POLICY 13 G, WHICH PROVIDES WHICH ALLOWS THE ADMINISTRATION TO, IN CERTAIN LIMITED CIRCUMSTANCES, INDEMNIFY EXTERNAL CONTRACTORS AS PART OF OUR PROCUREMENT PROCESS WHEN THE BENEFITS OF A CONTRACT AND THE INDEMNIFICATION IN QUESTION OUTWEIGH THE RISKS.
AND SO WHAT THIS WHAT OUR PROPOSED CHANGES WOULD DO IS STREAMLINE THE PROCESS FOR HAVING THE CHANCELLOR AND THE PRESIDENT APPROVE THESE KINDS OF CLAUSES WHICH THEY ARE REQUIRED TO UNDER YOUR POLICY EVERY TIME.
SO WE ARE SIMPLY MAKING THE PROCUREMENT PROCESS MORE EFFICIENT AND YOU'LL HAVE A CHANCE TO DEBATE THIS BOTH AT GOVERNANCE IN OCTOBER AND AT THE NOVEMBER MEETING. ALL RIGHT.
AGAIN, JUST TO NOTICE THE MOTION, YOU DON'T HAVE TO VOTE ON IT, BUT AT THE NOVEMBER MEETING WE'LL GIVE YOU A CHANCE TO DEBATE AND CONSIDER PROPOSED CHANGES TO THE REGENT POLICY THAT ALLOWS FOR PUBLIC COMMENT TO AGAIN PROVIDE US WITH A MORE EFFICIENT PROCESS FOR ASKING PEOPLE TO SIGN UP FOR PUBLIC COMMENT IN ADVANCE AND GIVING COMMITTEE CHAIRS AND THE BOARD CHAIR THE ABILITY TO ADJUST WHERE THE PUBLIC COMMENT APPEARS IN THE MEETING WHEN IT'S APPROPRIATE.
AND YOU MIGHT ASK EFFIE IF SHE WANTS TO SAY ANYTHING.
YEAH. THIS POLICY CONCERNS PUBLIC COMMENT AT COMMITTEE HEARINGS AND IT DID NEED SOME UPDATING BECAUSE IT WAS PRE ZOOM. SO WE DID SOME UPDATES THAT ALSO WILL ALLOW FLEXIBILITY TO THE COMMITTEE CHAIRS.
[02:30:05]
OH, I'M SO SORRY. PLEASE.YEAH. I CAN'T REMEMBER VOTING SO MUCH DURING THE MEETING AS WE JUST DID.
[LAUGHTER] AND WHAT I THINK IT'S A SIGN OF IS A LOT OF PEOPLE WORKED HARD OVER THE SUMMER.
BUT I THINK IT ALSO POINTS OUT THAT THE GOVERNANCE COMMITTEE IS A PRETTY INTERESTING AND EFFICIENT AND MAYBE THE BEST COMMITTEE THAT'S OUT HERE. [LAUGHTER] SO I JUST WANT JUST WANT TO CALL THAT OUT TO YOU, YOU KNOW, AND WE DON'T HAVE TO VOTE ON THAT JUST.
GLENN, WE WERE GETTING ALONG SO WELL.
NO, I ABSOLUTELY ECHO YOUR SENTIMENT.
I WAS JUST GOING TO SAY, I THINK EVERYBODY CAN SEE THAT ASIDE FROM ALL THE OUTREACH TRIPS THAT WE TOOK, HOW BUSY PEOPLE WERE THIS SUMMER, INCLUDING REGENTS, BUT ALSO MANY PEOPLE IN THE SYSTEM OFFICE AND ON CAMPUSES DOING THIS.
AND SO CONGRATULATIONS ON THIS HEAVY LIFT.
[N. 10:40 a.m. UNIVERSITY AFFAIRS COMMITTEE DISCUSSION AND ACTION ITEMS]
I'LL TURN IT OVER TO YOU.I JUST REALIZED THAT SO GOT TO BE FAST IN THIS GROUP.
[LAUGHTER] I AM SORRY I MISSED THE THE COMMITTEE MEETING BECAUSE THERE WAS A BIG LOGJAM AND I'M REALLY EXCITED THAT A LOT OF THINGS THAT HAVE BEEN SORT OF STUCK HAVE MOVED.
AND YES, I DON'T KNOW IF WE'VE EVER HAD THIS MANY VOTES BEFORE ON DIFFERENT POLICIES.
SO WE MET THE FIRST UNIVERSITY AFFAIRS COMMITTEE MEETING FOR THE SCHOOL YEAR ON SEPTEMBER 1ST.
THE COMMITTEE CONSISTS OF MYSELF AS CHAIR KEN MONTERA'S VICE CHAIR, WANDA JAMES AS A COMMITTEE MEMBER, AND THEN MARK VANDRIEL, WHO HAD AN EXCUSED ABSENCE.
THE COMMITTEE CONSIDERED THE FOLLOWING DISCUSSION INFORMATION AND ACTION ITEMS. THERE WAS A PRESENTATION BY THE UNIVERSITY OF COLORADO BOULDER SCHOOL OF EDUCATION DEAN KATHERINE SCHULTZ ON THE PROPOSED CU BOULDER SCHOOL OF EDUCATION, BA AND MIDDLE AND HIGH SCHOOL TEACHING.
AFTER THE PRESENTATION AND QUESTIONS AND COMMENTS FROM THE COMMITTEE MEMBERS MOVED THE FOLLOWING AND MOVED AND SECONDED THE FOLLOWING RESOLUTION.
THE UNIVERSITY AFFAIRS COMMITTEE RECOMMENDS THE APPROVAL OF THE UNIVERSITY OF COLORADO SCHOOL OF EDUCATION MHST DEGREE TO THE FULL BOARD AT THEIR SEPTEMBER 7TH, 2023 MEETING AND THAT IT BE PLACED ON THE CONSENT AGENDA ITEM.
IT WAS UNANIMOUSLY APPROVED BY THOSE ATTENDING.
SECOND ACTION ITEM WAS A PRESENTATION BY UC COLORADO SPRINGS PROFESSOR ALEX ILYASOVA, ASSISTANT ASSOCIATE DEAN, COLLEGE OF LAS, TO PROPOSE THE MOVE OF UCCS TECHNICAL COMMUNICATION AND INFORMATION DESIGN PROGRAM TO THE UCCS TECHNICAL AND INFORMATION DESIGN DEPARTMENT.
AFTER THE PRESENTATION AND QUESTIONS, THE COMMITTEE MEMBERS VOTED TO APPROVE THE CHANGE FROM PROGRAM TO DEPARTMENT AND WAS UNANIMOUSLY APPROVED BY THOSE ATTENDING.
AND THEN THE LAST ACTION ITEM WE HAD WAS A PRESENTATION BY UCCS PROFESSOR HEATHER ALBANESI, DIRECTOR OF THE WOMEN'S AND ETHNIC STUDIES WEST PROGRAM.
AND WE HAD A MOTION TO MOVE OR TO PROPOSE MOVING THE UNIVERSITY AFFAIRS OR THE WEST PROGRAM TO A DEPARTMENT AT THE BOARD MEETING, AND IT UNANIMOUSLY PASSED.
WE HAD TWO REALLY INTERESTING INFORMATION AND DISCUSSION ITEMS ON AI.
[02:35:05]
IT WAS FASCINATING TO WATCH.HE HAD LITTLE VIDEO CLIPS OF THE STUDENTS USING AI TO DEVELOP CLASSROOM NORMS. AND THEN THERE WAS THIS NEAT LITTLE GRAPHIC THAT WOULD SHOW UP FOR EACH GROUP AND THEN THE OVERALL GRAPHIC OF HOW COLLABORATIVE THEY WERE THINKING FORWARD AND SO FORTH.
AND IT'S JUST FASCINATING TO SEE HOW THERE ARE WORRIES ABOUT AI.
BUT I CAN BE USED IN A VERY PRODUCTIVE WAY FOR TEACHING.
THE SECOND INFORMATION ITEM WAS A PRESENTATION ON AUGMENTING PEOPLE WITH TRUSTED AI BY BETH RUDIN, CEO AND CHAIRWOMAN FOR FAST.AI.
WHAT SORT OF TRAINING WE MIGHT NEED FOR STUDENTS.
I DIDN'T REALIZE I HAVE NOT BEEN ON CHATGPT THE OPEN SOURCE, BUT ANY THING THAT YOU WRITE ON THERE OR ANY QUESTIONS THAT YOU PUT IN THERE GOES INTO THE UNIVERSE OF DATA POINTS THAT THAT PEOPLE CAN PICK UP.
YOU KNOW, I DON'T KNOW THAT MUCH ABOUT AI, AND THE WHOLE COMMITTEE JUST FOUND IT A BSOLUTELY FASCINATING AND A LOT OF QUESTIONS WERE GENERATED BY THAT.
AND THE MOTION WAS APPROVED UNANIMOUSLY BY THOSE ATTENDING.
THEN LAST INFORMATION ITEM, WHICH DIDN'T REQUIRE A VOTE OR ANYTHING, WAS NOTICE OF TWO DEGREE NAME CHANGES FROM THE ANSCHUTZ MEDICAL CAMPUS, FROM THE PHD IN STRUCTURAL BIOLOGY AND BIOCHEMISTRY TO THE PHD IN STRUCTURAL BIOLOGY, BIOCHEMISTRY AND BIOPHYSICS, AND THEN IN THE SCHOOL OF PHARMACY, THE PHD IN PHARMACY TO THE PHD IN PHARMACY AND MOLECULAR MEDICINE.
WE ADJOURNED ON TIME AT 11:30 AND OUR NEXT MEETING WILL BE OCTOBER 17TH FROM 1 TO 3:30.
AND THAT'S IT. DID YOU WANT TO SHARE ABOUT AHEC INFORMATION NOW OR? NO. OKAY, GREAT. ALL RIGHT.
ALL RIGHTY. SO OUR NEXT ITEM, MY SCRIPT IS FALLING APART HERE.
IS THERE A MOTION? IS THERE A SECOND? SECOND. AGAIN I HEARD.
MOVE BY. OKAY. REGENT SPIEGEL.
IS THERE ANY DISCUSSION ON THIS ITEM? I ACTUALLY WANTED TO HAVE SOME COMMENTS BEFORE WE MOVE ALONG, SO JUST TO EXPLAIN WHAT HAPPENED.
YEAH. SO AS I JUST NOTED IN MY REPORT, THE BA AND MIDDLE AND HIGH SCHOOL TEACHING WAS PRESENTED TO THE UNIVERSITY AFFAIRS COMMITTEE IN MAY AND RECOMMENDED TO THE FULL BOARD AT THE JUNE MEETING.
AND AS I SAID, THE PROPOSAL WAS APPROVED UNANIMOUSLY BY UA AND THEN SENT TO THIS BOARD MEETING.
AND THEN, AS I NOTED, REGENT VANDRIEL WAS UNABLE TO ATTEND THE AUGUST MEETING.
SO, REGENT VANDRIEL THANK YOU, MADAM CHAIR.
ONE WAS OVER THE ADMISSIONS SCHEME.
I'M COMPLETELY AND TOTALLY HAPPY WITH IT AND HAVE NO RESERVATIONS ON IT.
THEY PROVIDED THE BEST INFORMATION THEY COULD IN THAT PERIOD AND THEY HAVE NOT SATISFIED ME.
[02:40:03]
I'M NOT ACTUALLY SURE AT THIS POINT WHAT THEY COULD DO TO SATISFY ME, WHICH WAS WHY I DIDN'T ASK FOR MORE INFORMATION, BECAUSE I DON'T KNOW WHAT MORE INFORMATION THEY COULD PROVIDE. MY JUDGMENT AND THEIRS ON THE NATURE OF THE PROGRAM IS SIMPLY DIFFERENT.I SUSPECT MOST PEOPLE DISAGREE WITH ME AND THAT IS FINE, BUT I CAN'T SUPPORT IT BECAUSE OF THAT.
AND THAT IS WHY WE ARE HERE TO VOTE AND WHY I WILL BE OPPOSING IT.
THANK YOU. ANY ADDITIONAL DISCUSSION? IF NOT, EFFIE COULD YOU CALL THE ROLL, PLEASE? REGENT CHAVEZ.
THANK YOU. I'M A NO. REGENT SPIEGEL.
SO WE'RE A LITTLE BIT AHEAD OF TIME.
SO I THINK IT'S PROBABLY A GOOD TIME TO CALL MAYBE A TEN MINUTE BREAK.
IF THAT'S OKAY. WE CAN RESUME.
THAT'S RIGHT. REGENT MCNULTY HAS RETURNED, SO WE'RE GOING TO BE BREAKING.
[LAUGHTER] SO IF WE COULD GET BACK HERE AT 10:10, THAT WOULD BE EXCELLENT.
THANK YOU. OKAY, THAT'S GOOD TO KNOW.
OKAY, GREAT. LET'S GO AHEAD AND GET STARTED.
THE NEXT ITEM ON OUR AGENDA, I THINK ALL THE REGENTS WELL HERE COMES REGENT SMITH ARE H ERE IS AN ACTION ITEM ATHLETIC DIRECTOR, CONTRACT RENEWAL FOR THE UNIVERSITY OF COLORADO, BOULDER.
[O. 10:50 a.m. REGENT DISCUSSION AND ACTION ITEMS]
I'M GOING TO TURN THE FLOOR OVER TO VP HUETH TO SHARE A LITTLE BIT ABOUT THIS WITH US.THANK YOU, MADAM CHAIR, MEMBERS OF THE BOARD, YOU'VE HAD SOME OF THE ADDITIONAL PRELIMINARY DISCUSSION WITH CHANCELLOR DISTEFANO ABOUT HIS PROPOSALS TO EXTEND THE CONTRACT FOR ATHLETIC DIRECTOR RICK GEORGE BY ONE YEAR.
AND IT EXTENDS HIS CONTRACT BY ONE YEAR, WHICH IS SORT OF THE THE NATURAL CADENCE AND RHYTHM OF WHAT THE ATHLETIC DIRECTOR TERMS. SO I CAN ANSWER ANY QUESTIONS AND SO CAN PAT O'ROURKE WHO'S HERE ON BEHALF OF THE CHANCELLOR, IF YOU NEED.
REGENT CHAVEZ MOVES AND REGENT MONTERA SECONDS.
ANY DISCUSSION? ALL RIGHT. SEEING NONE.
EFFIE CAN YOU CALL THE ROLL? REGENT CHAVEZ? AYE.
REGENT GALLEGOS? NO. REGENT JAMES? YES. REGENT MCNULTY? YES. REGENT MONTERA.
YES. REGENT SMITH? YES. REGENT VANDRIEL.
VP HUETH. VP HOWARD, IF YOU WANT TO SHARE.
SO, AS YOU KNOW, PRESIDENT SOLOMON ASKED ME AND VICE PRESIDENT HOWARD TO TAKE A MOMENT DURING THE PUBLIC SESSION TO TALK ABOUT OUR EFFORTS TO EDUCATE THE UNIVERSITY COMMUNITY ABOUT THE IMPACT OF THE STUDENTS FOR FAIR ADMISSIONS VERSUS HARVARD, WHICH IS THE AFFIRMATIVE ACTION DECISION THAT THE US SUPREME COURT PUBLISHED IN JUNE.
AND JUST UNUSUALLY, BUT BECAUSE OF THE AMOUNT OF ATTENTION TO THIS CASE NATIONALLY, THE OFFICE OF UNIVERSITY COUNCIL PUBLISHED A NON-PRIVILEGED MEMO TO AS AN EFFORT TO EDUCATE THE UNIVERSITY COMMUNITY ABOUT THE ACTUAL IMPACT WHICH VICE PRESIDENT HOWARD CAN TALK ABOUT.
BUT HE HAS PUBLISHED IN CONNECTIONS AND IN A NUTSHELL, WHAT THE OFFICE OF UNIVERSITY COUNCIL HAS ENDEAVORED TO HELP THE UNIVERSITY COMMUNITY UNDERSTAND IS THAT THE DECISION IS CLEAR THAT COLLEGES AND UNIVERSITIES CANNOT USE RACE AS A FACTOR IN ADMISSIONS DECISIONS, WHICH IS NOT SOMETHING THAT HAS A GREAT IMPACT TO THE UNIVERSITY BECAUSE WE HAVE MOVED BEYOND
[02:45:06]
PURE RACE BASED ADMISSIONS PRACTICES.MORE IMPORTANTLY, WHAT THE CASE DOES NOT DO, WHAT THE DECISION DID NOT DO IS LIMIT THE ABILITY OF COLLEGES AND UNIVERSITIES TO ENGAGE IN THE KINDS OF EFFORTS TOWARD DIVERSITY, EQUITY AND INCLUSION THAT ARE PART OF THE PRESIDENT'S STRATEGIC PLAN OR THE EFFORTS THAT THE CAMPUSES HAVE BEEN UNDERTAKING TO INCREASE DIVERSITY ON THE CAMPUSES.
AND AS PRESIDENT HOWARD, YOU MIGHT WANT YOU TO TALK A LITTLE BIT ABOUT THAT.
THANK YOU VERY MUCH. HAPPY TO BE HERE WITH I CERTAINLY APPRECIATE WORKING WITH JEREMY AND HIS UNIVERSITY COUNCIL TEAM AS THEY HAVE CONTINUED TO ARTICULATE THE OPPORTUNITIES THAT REMAIN IN OUR EFFORTS TO MAKE SURE WE HAVE A DIVERSE AND INCLUSIVE CAMPUS COMMUNITY.
MY COMMUNICATIONS COLLEAGUES, WHICH I'D LIKE TO NAME ON THE CAMPUSES, KATHY GREEN, JOHN LESLIE, CHRIS VALENTINE AND MARIE WILLIAMS AND I, WE CERTAINLY UNDERSTAND THE IMPORTANCE OF CELEBRATING THE DIVERSE STUDENTS AND PROGRAMS OFFERED AT THE UNIVERSITY OF COLORADO.
AS COMMUNICATORS WE ALSO UNDERSTAND OUR CHARGE, WHICH IN PART WAS ARTICULATED BY PRESIDENT SOLOMON AND THE CHANCELLORS FOLLOWING THE SUPREME COURT'S DECISION, WHICH I BELIEVE IS WORTH REPEATING TODAY.
THEY SAID IN A STATEMENT, WE ARE STEADFAST IN OUR BELIEF THAT A VIBRANT AND INCLUSIVE COMMUNITY LEADS TO A RICHER EDUCATIONAL EXPERIENCE FOR ALL, CONTRIBUTES TO A POSITIVE SOCIETY, AND PREPARES OUR GRADUATES TO EXCEL IN AN INCREASINGLY INTERCONNECTED AND DIVERSE WORLD.
SO WHAT I AM STRESSING, ALONG WITH MY COLLEAGUES AND WHAT YOU WILL CONTINUE TO SEE IN VARIOUS AREAS OF OUR COMMUNICATIONS EFFORTS, IS A CELEBRATION OF THE UNIVERSITY OF COLORADO AND THE STATE OF COLORADO'S DIVERSITY FROM ITS NATIVE AMERICAN ROOTS, ITS WESTERN HERITAGE IN THE RURAL PLAINS, THE UNIQUENESS OF ITS MOUNTAIN COMMUNITIES, THE CULTURES REPRESENTED IN CITIES AND TOWNS AND THE POINTS OF VIEW THAT COME FROM EVERY STATE IN THE UNION AND FROM COUNTRIES ACROSS THE GLOBE.
I JUST WANT TO OFFER A FEW SPECIFICS AROUND SOME THINGS THAT ARE CURRENTLY BEING DON.
I THINK THAT HELP IN OUR EFFORTS AROUND DIVERSITY.
THE PRE-COLLEGIATE DEVELOPMENT PROGRAM IS AN ACADEMIC ENHANCEMENT PROGRAM FOR FIRST GENERATION STUDENTS AND FAMILIES FROM TARGETED MIDDLE AND HIGH SCHOOLS, AND IT IS VITAL TO HELPING STUDENTS IN THEIR PATH TO A HIGHER EDUCATION.
AT CU BOULDER WE ARE EXPANDING TUITION AND FEE FREE PROGRAMS FOR COLORADO RESIDENTS.
SPECIFICALLY THE CU PROMISE AND SOUTHERN UTE PARTNERSHIP AND THE CENTER FOR AFRICAN AND AFRICAN AMERICAN STUDIES, ALSO KNOWN AS THE CAUSE, IS CONTINUING TO ADVOCATE FOR SOCIAL JUSTICE.
CU DENVER OFFERS SCHOLARSHIPS FOR UNDOCUMENTED AND DACA STUDENTS TO HELP WITH THEIR HIGHER EDUCATION ASPIRATIONS AND IS CELEBRATING ITS ASIAN AMERICAN AND NATIVE AMERICAN PACIFIC ISLANDER SERVING INSTITUTION DESIGNATION.
UCCS HAS FORMED THE COUNCIL ON INCLUSIVE BELONGING TO ENGAGE STUDENTS, STAFF AND FACULTY ACROSS THE UCCS COMMUNITY TO FOSTER A GREATER CULTURE OF ACCESS.
THESE ARE BUT A FEW OF THE EXAMPLES OF THE WORK THAT ARE BEING DONE TO ENSURE STUDENTS CAN FIND CONNECTIONS THAT WILL HELP THEM WITH THEIR SENSE OF BELONGING ON OUR CAMPUSES.
THANK YOU. THANK YOU VERY MUCH.
ANYBODY LIKE TO MAKE A COMMENT OR? ALL RIGHT. PLEASE.
AND WE'LL CONTINUE THIS WORK THERE.
THE AS JEREMY SAID, WE THINK THAT THE SUPREME COURT DECISION WILL HAVE NO IMPACT ON OUR UNDERGRADUATE ADMISSIONS AND WILL AND HE WILL CONTINUE TO WORK WITH THE CAMPUS COMMUNITIES TO MAKE SURE THAT OUR GRADUATE ADMISSIONS FOLKS UNDERSTAND CLEARLY WHAT THE REQUIREMENTS ARE. BUT OUR ONGOING EFFORTS ARE NOT GOING TO CHANGE IN TERMS OF OUR OUTREACH, THE WORK THAT WE'RE DOING TO
[02:50:06]
CHANGE OUR CULTURE ON OUR CU CAMPUSES, TO MAKE SURE THAT IT'S A PLACE WHERE PEOPLE FROM EVERY CORNER OF COLORADO FEEL LIKE THEY WANT TO BELONG, THAT THEY CAN WHERE THEY FEEL LIKE IT'S A PLACE THAT THEY WANT TO BE.AND SO I WANT TO THANK YOU FOR HELPING US COMMUNICATE THAT JEFF, THANKS TO THE CAMPUSES AND THANKS TO THE REGENTS, BECAUSE ALL OF THIS IS BASED UPON WHAT WE HAVE IN OUR REGENT POLICIES WHICH WERE JUST UPDATED.
AND THEN THIS IS A PRIORITY FOR ALL OF US, THE ENTIRE UNIVERSITY COMMUNITY.
THE NEXT ITEM ON OUR AGENDA IS JUST GENERAL DISCUSSION.
DO ANY REGENTS HAVE ANYTHING THAT THEY WANT TO DISCUSS? EXCELLENT. REGENT SMITH.
SO ONE THING THAT I HAD WANTED AS CHAIR WAS TO GET REPORTS FROM THE AHEC LIAISON AS WELL AS THE LIAISON TO THE FOUNDATION.
AND AFTERWARDS I GOT TO DO A GOLF CART TOUR OF THE CAMPUS WITH COLLEEN WALKER.
AND IT WAS REALLY INTERESTING TO SEE.
I DON'T REMEMBER IF REGENTS NEW REGENTS GET THE FULL TOUR OF THE CAMPUS OR IF IT'S JUST UCD.
DO YOU KNOW MICHELLE? WE HAVE. LAST YEAR WHEN WE HAD NEW REGENT ORIENTATION, WE MADE SOME STOPS IN DIFFERENT PLACES ON THE BROADER CAMPUS.
YEAH, GREAT. SO I THINK THAT'S IMPORTANT BECAUSE IT IS A COMPLICATED RELATIONSHIP.
AND I HAD, YOU KNOW, I DON'T GO VERY OFTEN ON THE FAR END BY THE WHERE THE LIGHT RAIL GOES.
ON THE AUGUST 18TH, WE HAD A ZOOM MEETING TO VOTE FOR THE NEW AURARIA CHIEF OF POLICE.
THERE WAS ONLY ONE SOLE FINALIST BECAUSE THE OTHER FINALISTS HAD DROPPED OUT THE NIGHT BEFORE.
THE FINALIST WAS JASON MULLENDORE, WHO HAD BEEN ACTING AS INTERIM POLICE CHIEF.
AND SINCE I JOINED THE BOARD JUST RECENTLY, I HAD NOT BEEN PRIVY TO THE OTHER INTERVIEWS, BUT IT SEEMED LIKE JASON WAS JUST SEEMS TO BE THE PERFECT FIT FOR THIS POSITION. HE WAS BORN AND RAISED IN STERLING, COLORADO AND ATTENDED NORTHEASTERN JUNIOR COLLEGE.
AND HE BEGAN HIS POLICING CAREER ON THE AURARIA CAMPUS AND HAS HELD NEARLY EVERY POSITION POSSIBLE ON THAT CAMPUS.
AND ALONG THE WAY, HE RECEIVED HIS MASTER'S FROM UC DENVER AND CURRENTLY SERVES AS AN ADJUNCT PROFESSOR AT SPA. SO AGAIN, YOU KNOW, FIRST GENERATION, HE'S BEEN WORKING A LONG TIME ON THAT CAMPUS.
HE DEVELOPED MANY DIFFERENT TRAINING PROGRAMS AND SO FORTH.
SO TO ME, HE SEEMED LIKE A REALLY GOOD FIT.
SO THAT'S MY REPORT ABOUT AHEC.
ANYONE ELSE? SEEING NOTHING ELSE.
THIS CONCLUDES OUR PUBLIC MEETING.
THE BOARD OF REGENTS PRESIDENT SOLOMON AND VICE PRESIDENT HUETH WILL MEET IN EXECUTIVE SESSION.
[P. 11:30 a.m. EXECUTIVE SESSION PART II]
ALSO, I WANT TO POINT OUT THAT'S ON HERE.THE NEXT REGULAR BOARD MEETING IS GOING TO BE SCHEDULED NOVEMBER 7TH TO 8TH AT UCCS.
SO THANK YOU, EVERYBODY, FOR ALL THE WORK AND FOR ATTENDING.
REGENT RENNISON CAN I SAY SOMETHING? YES, PLEASE.
NOT A LOT DISCUSSED, PLEASE KEEP THAT ON THE AGENDA.
THERE'S TIMES WHEN PEOPLE WANT TO TALK ABOUT WHAT'S HAPPENING IN THEIR PARTICULAR AREA OR SOMETHING THAT'S HAPPENED IN THEIR CONGRESSIONAL DISTRICT AND SO ON AND SO FORTH. SO I THINK IT'S IMPORTANT THAT WE DO THAT.
I KNOW OVER THE LAST 8 TO 10 YEARS THAT WAS IMPORTANT TIME.
AT LEAST TRY IT A COUPLE MORE TIMES.
ABSOLUTELY. I TOTALLY AGREE WITH YOU.
ALL RIGHT. THANK YOU, EVERYONE.
HAVE A GREAT WEEKEND.
* This transcript was compiled from uncorrected Closed Captioning.