Southern Illinois University Finance Committee met December 14.
Here is the minutes as provided by the committee:
The Finance Committee met at 10:05 a.m. in Ballroom B of the Student Center at Southern Illinois University Carbondale, Carbondale, Illinois.
Present were: Amy Sholar (Chair), Sam Beard, Marsha Ryan, and Randal Thomas.
Other Board members present were: J. Phil Gilbert, Luke Jansen, Shirley Portwood, and Joel Sambursky. Executive Officers present were: President Randy J. Dunn; Chancellor Carlo Montemagno, SIUC; Chancellor Randall Pembrook, SIUE; Dean and Provost Jerry Kruse, School of Medicine; General Counsel Lucas Crater; Vice President for Student and Academic Affairs Brad Colwell; and Senior Vice President for Financial and Administrative Affairs and Board Treasurer Duane Stucky.
Minutes
Trustee Ryan recommended approval of the minutes of the September 14, 2017, meeting as submitted. The motion was seconded by Trustee Thomas and passed by the Committee.
Supplemental Requisition Approval: Nurse Aide Testing Program, SIUC (Board Agenda Item R).
Chancellor Montemagno reviewed the proposed matter.
Trustee Ryan recommended approval of the matter and that it be placed on the Board’s agenda. The motion was duly seconded by Trustee Thomas and was passed by the Committee.
Approval of Salary and Appointment: Director, Paul Simon Public Policy Institute, SIUC (Board Agenda Item T).
Chancellor Montemagno reviewed the proposed appointment and requested Finance Committee approval of the salary of:
John Shaw as Director of the Paul Simon Public Policy Institute, SIUC, with an annual salary of $160,004, effective January 16, 2018.
Trustee Thomas recommended approval of the matter and that it be placed on the Board’s agenda. The motion was duly seconded by Trustee Ryan and was passed by the Committee.
Approval of Salary and Appointment: Vice Chancellor of Student Affairs, SIUC (Board Agenda Item U).
Chancellor Montemagno reviewed the proposed appointment and requested Finance Committee approval of the salary of:
Lori Lynn Stettler as Vice Chancellor of Student Affairs, SIUC, with an annual salary of $178,000, effective December 15, 2017.
Trustee Ryan recommended approval of the matter and that it be placed on the Board’s agenda. The motion was duly seconded by Trustee Thomas and was passed by the Committee.
Approval of Purchase: Medical Office Building Lease, School of Medicine Campus, SIUC (Board Agenda Item X).
Dean and Provost Kruse reviewed the proposed matter.
Trustee Thomas recommended approval of the matter and that it be placed on the Board’s agenda. The motion was duly seconded by Trustee Ryan and was passed by the Committee.
Approval of Salary and Appointment: Senior Associate General Counsel for Healthcare and Litigation (Board Agenda Item Y).
General Counsel Lucas Crater reviewed the proposed appointment and requested Finance Committee approval of the salary of:
Laura Frame as Senior Associate General Counsel for Healthcare and Litigation for the Southern Illinois University System, with an annual salary of $150,000, effective no later than March 1, 2018.
Trustee Ryan recommended approval of the matter and that it be placed on the Board’s agenda. The motion was duly seconded by Trustee Thomas and was passed by the Committee.
Approval to Enter Asset Purchase Agreement for SIU Broadcasting Service (Board Agenda Item Z).
President Dunn introduced Executive Director of Broadcasting Service Greg Petrowich to review the proposed matter.
Trustee Sholar inquired about the period for recouping costs. President Dunn explained that it will vary because of additional investments needed, but the period will be less than ten years and potentially about three.
Trustee Ryan recommended approval of the matter and that it be placed on the Board’s agenda. The motion was duly seconded by Trustee Thomas and was passed by the Committee.
Other Business
There being no further business, the meeting was adjourned.
http://siusystem.edu/board-of-trustees/meetings/2018/0218.shtml
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