 | Board of Visitors minutes November 7, 1997 |  |
APPROVAL OF REPORT ON SEPTEMBER 4, 1997 INVESTMENT IN BLUE RIDGE HEALTH ALLIANCE, INC.
The following resolution was adopted:
- WHEREAS, on June 14, 1997, the Board of Visitors delegated to the Executive Vice President and Chief Financial Officer authority to invest in joint business ventures in amounts not exceeding $5 million, with concurrence of the chairs of the Finance and Health Affairs Committees; and,
- WHEREAS, prior to making any investment, the Executive Vice President and Chief Financial Officer secured the appropriate approval of the Chairs of the Finance and Health Affairs Committees as well as the Rector of the Board of Visitors;
- RESOLVED that the Finance Committee and the Board of Visitors accepts this report of an investment in Blue Ridge Health Alliance, Inc. on September 4, 1997, in the amount of $5 million.
| Board of Visitors minutes November 7, 1997 | |