University of Virginia Library

The following resolutions were adopted by Committees of the Board since the last meeting of the full Board on February 25 and 26, 2000. None of these resolutions required action by the full Board and they are listed here simply as a matter of record.

The Board of the University of Virginia Investment Management Company (UVIMCO) on March 22, 2000, adopted the following resolutions:

RESOLVED that an additional investment of $25 million in Sloane Robinson of London is approved, subject to the approval of the international subcommittee of the Board.

RESOLVED that an investment of $15 million with Battery Ventures V is approved.

RESOLVED that an investment of $25 million with Spectrum Equity Investors IV is approved.

RESOLVED that an investment of $25 million with Welsh, Carson, Anderson & Stowe is approved.

RESOLVED that investments of $25 million each with a large cap and a small cap growth manager are approved, subject to the approval of the domestic equity subcommittee of the Board.

RESOLVED that Deutsche Bank, AG is approved as the agent for the securities lending program.

The Buildings and Grounds Committee on April 15, 2000, adopted the following resolution:

RESOLVED that the Buildings and Grounds Committee approves the proposed design of the handicapped access ramp on the southwest front of the Rotunda, provided that it is paved with brick - so long as the brick complies with applicable ADA requirements - and that both sets of steps leading from the Lawn to the lower level of the Rotunda be repositioned in symmetry with each other.

On motion, the meeting adjourned at 11:45 a.m.