 | Board of Visitors minutes February 3, 2006 |  |
FINAL SESSION
The Board adopted the following resolutions:
RATIFICATION OF ADDITIONAL 2006-2008 BUDGET
AMENDMENTS FOR
THE UNIVERSITY OF VIRGINIA
WHEREAS, the additional 2006-2008 budget amendments have been carefully reviewed; and
WHEREAS, the budget amendments represent additional high priority initiatives and are aligned with the mission of the institution; and
WHEREAS, the Board of Visitors authorized the Executive Vice President and Chief Operating Officer to transmit to the General Assembly any request not funded by the Governor as long as there are no material differences from the items already endorsed by the Board of Visitors;
RESOLVED that the Board of Visitors of the University of Virginia endorses and supports the additional 2006-2008 budget amendments; and
RESOLVED FURTHER that the Executive Vice President and Chief Operating Officer is authorized to transmit the final proposed budget amendments to the General Assembly.
APPROVAL OF WTJU'S 2004-2005 ANNUAL REPORT
RESOLVED that WTJU's 2004-2005 Annual Report be approved, as recommended by the President and the Vice President and Chief Student Affairs Officer.
APPROVAL OF EASEMENTS AT BLANDY FARM
WHEREAS, two existing permanent easements allowing adjacent property owners to access Route 50 through the Blandy Farm property in Clarke County are considered unsafe;
WHEREAS, two existing permanent easements allowing the same adjacent property owners to access Berry's Ferry Road through the Blandy Farm property range from a twenty foot width to an eighty foot width and may need modification in order to standardize the width of the easement and to provide for all utilities to be installed underground;
WHEREAS, such potential modification is still under review;
RESOLVED that new permanent easements to two adjacent property owners, replacing existing permanent easements, for access to Route 50 across Blandy Farm on property owned by the Rector and Visitors of the University of Virginia is approved;
RESOLVED FURTHER that modifications to existing permanent easements granting two adjacent property owners access to Berry's Ferry Road across Blandy Farm on property owned by the Rector and Visitors of the University of Virginia, if required, is approved; and
RESOLVED FURTHER that appropriate officers of the University are authorized to execute said easements.
APPROVAL OF STUDENT HOUSING RATES FOR 2006-2007
RESOLVED that rental increases for student housing facilities is approved as shown below, effective beginning with the 2006-2007 session:
| Facility | Actual 2005-2006 Per Student Per Session |
Amount of Increase |
% Increase Before Improvement Fee |
Student Housing Improvement Fund Fee |
Total Percent Increase |
Proposed 2006-2007 Per Student Per Session |
| Academic Division | ||||||
| DORMITORIES | ||||||
| Alderman/Observatory Houses | ||||||
| Double Room | $3,250 | $150 | 4.62% | $200 | 10.77% | $3,600 |
| Brown College | ||||||
| Double Room | $3,890 | $180 | 4.63% | $200 | 9.77% | $4,270 |
| McCormick Road | ||||||
| Double Room | $3,120 | $140 | 4.49% | $200 | 10.90% | $3,460 |
| Small Double Room | $2,900 | $130 | 4.48% | $200 | 11.38% | $3,230 |
| Single | $3,260 | $150 | 4.60% | $200 | 10.74% | $3,610 |
| Lawn | ||||||
| Single | $3,740 | $170 | 4.55% | $200 | 9.89% | $4,110 |
| Single (no fireplace) | $3,640 | $170 | 4.67% | $200 | 10.16% | $4,010 |
| Facility | Actual 2005-2006 Per Student Per Session |
Amount of Increase |
% Increase Before Improvement Fee |
Student Housing Improvement Fund Fee |
Total Percent Increase |
Proposed 2006-2007 Per Student Per Session |
| Range | ||||||
| Regular Single | $3,740 | $170 | 4.55% | $200 | 9.89% | $4,110 |
| Crackerbox | ||||||
| Single Room | $3,740 | $170 | 4.55% | $200 | 9.89% | $4,110 |
| Mary Munford / Roberta Gwathmey | ||||||
| Double Room | $3,250 | $150 | 4.62% | $200 | 10.77% | $3,600 |
| Single Room | $3,740 | $170 | 4.55% | $200 | 9.89% | $4,110 |
| Sprigg (Lewis/Hoxton) | ||||||
| Double Room | $3,600 | $170 | 4.72% | $200 | 10.28% | $3,970 |
| Small Double Room | $3,410 | $160 | 4.69% | $200 | 10.56% | $3,770 |
| Single Room | $3,930 | $180 | 4.58% | $200 | 9.67% | $4,310 |
| Single Room (w/bath) | $4,110 | $190 | 4.62% | $200 | 9.49% | $4,500 |
| Gooch/Dillard | ||||||
| Double Room | $3,600 | $170 | 4.72% | $200 | 10.28% | $3,970 |
| Single Room | $3,930 | $180 | 4.58% | $200 | 9.67% | $4,310 |
| Twelve Month Rate: | ||||||
| Single Room | $5,300 | $240 | 4.53% | $200 | 8.307% | $5,740 |
| Hereford College | ||||||
| Double Room | $3,600 | $170 | 4.72% | $200 | 10.28% | $3,970 |
| Single Room | $3,890 | $180 | 4.63% | $200 | 9.77% | $4,270 |
| French House | ||||||
| Triple Room | $3,430 | $160 | 4.66% | $200 | 10.50% | $3,790 |
| Double Room | $3,600 | $170 | 4.72% | $200 | 10.28% | $3,970 |
| Single Room | $4,010 | $190 | 4.74% | $200 | 9.73% | $4,400 |
| Russia House | ||||||
| Double Room | $3,580 | $170 | 4.75% | $200 | 10.34% | $3,950 |
| Single Room | $3,940 | $190 | 4.82% | $200 | 9.90% | $4,330 |
| Spanish House | ||||||
| Double Room | $3,600 | $170 | 4.72% | $200 | 10.28% | $3,970 |
| Single Room | $4,010 | $190 | 4.74% | $200 | 9.73% | $4,400 |
| Shea House | ||||||
| Double Room | $3,600 | $170 | 4.72% | $200 | 10.28% | $3,970 |
| Single Room | $4,010 | $190 | 4.74% | $200 | 9.73% | $4,400 |
| Apartments - Single Student | ||||||
| Copeley Hill III, IV, Lambeth Field | ||||||
| Two Bedroom | ||||||
| (dbl. occupancy) | $3,630 | $170 | 4.68% | $200 | 10.19% | $4,000 |
| Three Bedroom | ||||||
| (dbl. occupancy) | $3,530 | $160 | 4.53% | $200 | 10.20% | $3,890 |
| Facility | Actual 2005-2006 Per Student Per Session |
Amount of Increase |
% Increase Before Improvement Fee |
Student Housing Improvement Fund Fee |
Total Percent Increase |
Proposed 2006-2007 Per Student Per Session |
| Bice House | ||||||
| Two Bedroom | ||||||
| (dbl. occupancy) | $3,630 | $170 | 4.68% | $200 | 10.19% | $4,000 |
| Three Bedroom | ||||||
| (dbl. occupancy) | $3,530 | $160 | 4.53% | $200 | 10.20% | $3,890 |
| Single | $3,990 | $190 | 4.76% | $200 | 9.77% | $4,380 |
| Faulkner (Hench, Mitchell, Younger) | ||||||
| Single | $3,990 | $190 | 4.76% | $200 | 9.77% | $4,380 |
| Large Single | $4,720 | $220 | 4.66% | $200 | 8.90% | $5,140 |
| Apartments - Family (per month) | ||||||
| Copeley Hill I & II | ||||||
| One Bedroom (furnished) | $691 | $0 | 0.00% | $0 | 0.00% | $691 |
| One Bedroom (unfurn.) | $657 | $0 | 0.00% | $0 | 0.00% | $657 |
| Two Bedroom (furnished) | $755 | $35 | 4.64% | $15 | 6.62% | $805 |
| Two Bedroom (unfurn.) | $722 | $33 | 4.57% | $15 | 6.65% | $770 |
| Three Bedroom (furnished) | $814 | $37 | 4.55% | $15 | 6.39% | $866 |
| Three Bedroom (unfurn.) | $780 | $35 | 4.49% | $15 | 6.41% | $830 |
| University Gardens | ||||||
| One Bedroom (furnished) | $674 | $0 | 0.00% | $0 | 0.00% | $674 |
| One Bedroom (unfurn.) | $641 | $0 | 0.00% | $0 | 0.00% | $641 |
| Two Bedroom (furnished) | $724 | $33 | 4.56% | $15 | 6.63% | $772 |
| Two Bedroom (unfurn.) | $690 | $31 | 4.49% | $15 | 6.67% | $736 |
| College at Wise | ||||||
| McCraray | $3,019 | $211 | 6.99% | $0.0 | 6.99% | $3,230 |
| Asbury, Thompson, Henson Randolph, Townhouses, Theme Housing |
$3,488 | $244 | 7.00% | $0.0 | 7.00% | $3,732 |
Notes:
|
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MOUNTAIN LAKE BIOLOGICAL STATION
Proposed 2006 Rates
Mt. Lake Housing Rates / 4 Week Term
| Actual 2005 |
Proposed 2006 |
% Increase |
||||
| Dormitories | $100.00 | $103.00 | 3.00% | |||
| Laing Singles | $100.00 | $103.00 | 3.00% | |||
| Laing Apartments: | ||||||
| Center | $141.00 | $145.50 | 3.19% | |||
| North | $141.00 | $145.50 | 3.19% | |||
| South | $141.00 | $145.50 | 3.19% | |||
| Northwest | $141.00 | $145.50 | 3.19% | |||
| West | $141.00 | $145.50 | 3.19% | |||
| New Dormitory: | ||||||
| Singles | $115.00 | $119.00 | 3.48% | |||
| Apartments (2 rooms) | $161.00 | $166.00 | 3.11% | |||
| Second Bedroom (family) | $51.00 | $53.00 | 3.92% | |||
| Cabins: | ||||||
| Hentz-Mohr | $185.00 | $191.00 | 3.24% | |||
| Clayton | $185.00 | $191.00 | 3.24% | |||
| Catesby | $185.00 | $191.00 | 3.24% | |||
| Gattinger | $185.00 | $191.00 | 3.24% | |||
| Michaux | $185.00 | $191.00 | 3.24% | |||
| Burns | $185.00 | $191.00 | 3.24% | |||
| Washington | $185.00 | $191.00 | 3.24% | |||
| Banister | $185.00 | $191.00 | 3.24% | |||
| LeConte | $185.00 | $191.00 | 3.24% | |||
| Hariot | $185.00 | $191.00 | 3.24% | |||
| Schoew | $185.00 | $191.00 | 3.24% | |||
| Maphis | $185.00 | $191.00 | 3.24% | |||
| Holbrook | $185.00 | $191.00 | 3.24% | |||
| Mitchell | $185.00 | $191.00 | 3.24% | |||
| Rafinesque | $185.00 | $191.00 | 3.24% | |||
APPROVAL OF 2006-2007 TUITION AND FEES FOR CERTAIN
PROGRAMS
RESOLVED that the tuition and fees applicable to the following programs be approved as shown below, effective May 1, 2006:
| Virginian | Non-Virginian | |||||||
| 2005-06 Approved |
Amount of Increase |
Percent of Increase |
2006-07 Proposed |
2005-06 Approved |
Amount of Increase |
Percent of Increase |
2006-07 Proposed |
|
| MIT | $33,294 | $1,606 | 4.8% | $34,900 | $38,309 | $1,591 | 4.2% | $39,900 |
| Price includes fees of $10,900 for special session
mandatory fee, books, materials, Computer leasing, software licenses, group meals, and lodging. |
||||||||
| Systems Eng. | $31,500 | $1,000 | 3.2% | $32,500 | $36,500 | $1,000 | 2.7% | $37,500 |
| Price includes fees of $12,049 for special session
mandatory fee, books, materials, Technology, group meals, and lodging. |
||||||||
| Post-Bac, Pre-Med | n/a | n/a | n/a | $18,000 | n/a | n/a | n/a | $23,000 |
| Price includes full-time mandatory fees. | ||||||||
APPROVAL TO AMEND FRATERNITY AND SORORITY INVESTMENT
PROGRAM
TO ALLOW FOR LOANS FOR THE PURPOSE OF ACQUIRING
OFF-GROUNDS PROPERTIES
WHEREAS, the Board has previously approved the Fraternity and Sorority Investment Program; and
WHEREAS, the Program does not specifically cover loans to Fraternities or Sororities for the purpose of acquiring off- Grounds properties;
RESOLVED that the January 25, 2002, resolution authorizing the Fraternity and Sorority Investment Program is hereby amended to allow for loans under the Program for the purpose of acquiring off-Grounds properties.
In approving this amendment, the Board wishes to express its support of the diverse membership policies of the fraternities and sororities at the University of Virginia.
AMENDMENT TO THE APPROVAL LIMITS FOR INDIVIDUAL
QUASI-ENDOWMENT TRANSACTIONS
WHEREAS, the Executive Vice President and Chief Operating Officer has the authority to approve individual quasi-endowment transactions totaling less than $2 million for investment in the long-term investment pool managed by UVIMCO; and
WHEREAS, there is a need to expand this delegation of authority for two sets of circumstances in connection with the University's central loan program;
RESOLVED, the Executive Vice President and Chief Operating Officer may approve individual quasi-endowment transactions, regardless of the dollar amount, in cases in which collateralization is determined to be necessary by the Executive Vice President and Chief Operating Officer as part of the assessment of the business plan for a capital project. Funds may be invested in the long term investment pool managed by UVIMCO or in other investment vehicles as permitted by law;
RESOLVED FURTHER, to the extent that the central loan program has balances, they may be invested in the long-term investment pool managed by UVIMCO or in other investment vehicles as permitted by law.
APPROVAL TO ESTABLISH A NEW DEGREE PROGRAM: B.S. IN
SOFTWARE
ENGINEERING AT THE UNIVERSITY OF VIRGINIA'S
COLLEGE AT WISE
WHEREAS, the faculty and administration of The University of Virginia's College at Wise have proposed and approved the inclusion of a Software Engineering major in the curriculum; and
WHEREAS, the Bachelor of Science in Software Engineering will attract students from Southwest Virginia and throughout the Commonwealth of Virginia; and
WHEREAS, the Software Engineering major will produce graduates in a high-demand field needed by business in Southwest Virginia; and
WHEREAS, the Software Engineering major will assist Wise County, the City of Norton, and the entire Southwest Virginia region in attracting new businesses and industries;
RESOLVED that, subject to approval by the State Council of Higher Education for Virginia, the Bachelor of Science Degree in Software Engineering be established at The University of Virginia's College at Wise.
APPROVAL OF SUMMARY OF AUDIT FINDINGS
RESOLVED that the Summary of Audit Findings for the period August 1, 2005, through December 31, 2005, as presented by the Director of Audits, is approved as recommended by the Audit & Compliance Committee.
MEMORIAL RESOLUTION ON CARL W. SMITH
WHEREAS, Carl W. Smith of Albemarle County, a native of Wise, took a B.A. from the University in 1951, having received an athletic scholarship as an offensive guard on the football team; and
WHEREAS, Mr. Smith founded AMVEST Corporation in 1961 and made it into an extremely successful business; and
WHEREAS, Mr. Smith was appointed to the Board of Visitors in 1980 by Governor Dalton and reappointed for a second term by Governor Robb in 1984; and
WHEREAS, Mr. Smith, throughout his life as an alumnus, was a faithful and generous supporter of the University; and
WHEREAS, Mr. Smith and his wife, Hunter, in 1997 made a gift of $25 million, then the largest single monetary contribution in the University's history, which went toward the expansion of Scott Stadium and the construction of a new football stadium at The University of Virginia's College at Wise; and
WHEREAS, the area encompassing Scott Stadium was named the Carl Smith Center in Mr. Smith's honor; and
WHEREAS, Mr. and Mrs. Smith's benefactions also support a range of schools and institutions at the University including the Children's Medical Center, the marching band, the performing arts center, and the Jefferson Scholars program, among many others; and
WHEREAS, Mr. Smith died on December 8, 2005;
RESOLVED, the Board of Visitors notes its profound sorrow at the passing of Carl W. Smith, pays tribute to his love for the University and his service on the Board, and expresses its deepest condolences to Mrs. Smith and her family.
| Board of Visitors minutes February 3, 2006 | |