 | Board of Visitors minutes June 4, 1971 |  |
FACULTY MORTGAGE BONDS
The following resolution was adopted:
- WHEREAS, The Board of Visitors of the University of Virginia has received a disclosure by the firm of Hunton, Williams, Gay, Powell and Gibson, Attorneys at Law, Richmond, Virginia, pursuant to Section 3 (a) (2) of the Virginia Conflict of Interests Act, of certain members of associates (or their spouses) of such firm who serve governmental agencies other than the University of Virginia; and
- WHEREAS, it is deemed desirable for the University of Virginia to retain Hunton, Williams, Gay, Powell and Gibson for legal services as its Bond Counsel in connection with a proposed issue of the University's bonds relating to faculty housing, which contract being for legal services is a kind which the Board of Visitors deems inappropriate for competitive bidding;
- BE IT RESOLVED by The Rector and Visitors of the University of Virginia:
- (1) Hunton, Williams, Gay, Powell and Gibson, Attorneys at Law, Richmond, Virginia, shall be retained as Bond Counsel in connection with the proposed issue of the University's bonds relating to faculty housing.
- (2) The agreement to retain Hunton, Williams, Gay, Powell and Gibson as Bond Counsel in connection with the issuance of the University's bonds for faculty housing is a contract for services which, in the judgment of the Board of Visitors, in the public interest should not be acquired through competitive bidding.
- (3) This resolution shall be filed as a matter of public record with the regular minutes of the meeting of the Board.
| Board of Visitors minutes June 4, 1971 | |