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University of Virginia Library

Board of Visitors minutes
October 4, 1980

THE RECTOR AND VISITORS OF THE UNIVERSITY OF VIRGINIA October 4, 1980

MOTIONS FOR EXECUTIVE SESSIONS

ESTABLISHMENT OF THE OFFICE OF UNIVERSITY CHANCELLOR

APPROVAL OF PROCEDURE FOR ACQUISITION AND DISPOSITION OF REAL ESTATE

AUTHORIZATION TO CONVEY PROPERTY FROM THE REBA L. OSBORNE BEQUEST

APPROVAL OF ROACHE, MERCER, AND FAISON, INCORPORATED, AS ARCHITECTS FOR ELECTRIC FEEDERS PROJECT

APPROVAL OF BASKERVILL AND SON AS ARCHITECTS FOR THE ADDITION TO UNIVERSITY HALL

ELECTION OF PART-TIME FACULTY

ELECTION OF NON-SALARIED FACULTY

ELECTION OF CLINICAL FACULTY

CORRECTION IN THE ELECTION OF DR. COLIN R. HALL

CHANGE IN THE EFFECTIVE DATE OF THE ELECTION OF DR. MARY M. HERMAN

CANCELLATION OF THE ELECTION OF MR. PETER WALDMAN

ACTIONS RELATING TO CHAIRHOLDERS

LEAVES OF ABSENCE

CHANGES OF TITLE

CORRECTION IN THE RESIGNATION OF DR. MICHAEL G. LEVIEN

RE-APPOINTMENTS

DEATH OF DR. DANIEL LEAVITT

ESTABLISHMENT OF THE RICHARD S. REYNOLDS PROFESSORSHIP IN BUSINESS ADMINISTRATION

ESTABLISHMENT OF THE PAUL M. HAMMAKER PROFESSORSHIP IN BUSINESS ADMINISTRATION

ESTABLISHMENT OF THE DISTINGUISHED PROFESSORSHIP IN DERMATOLOGY IN THE SCHOOL OF MEDICINE

ESTABLISHMENT OF THE S. HURT WATTS PROFESSORSHIP IN SURGERY IN THE SCHOOL OF MEDICINE

ESTABLISHMENT OF THE JAMES CARROLL FLIPPIN PROFESSORSHIP IN MEDICAL SCIENCE IN THE SCHOOL OF MEDICINE

REPORT BY THE RECTOR ON THE ACTIONS OF THE EXECUTIVE COMMITTEE

REPORT ON CONSTRUCTION

REPORT OF THE HOSPITAL ACCOUNTS COMMITTEE

AUTHORIZATION FOR THE ASSISTANT UNIVERSITY COMPTROLLER FOR SPONSORED PROGRAMS TO SIGN CONTRACTS FOR RESEARCH OR TRAINING

AMENDMENT OF RESOLUTIONS DIRECTING THE SECRETARY TO AFFIX THE CORPORATE SEAL OF THE UNIVERSITY TO INSTRUMENTS

RENTAL RATES FOR HOUSING FACILITIES FOR THE SUMMER 1981

ACCEPTANCE OF GIFTS, GRANTS, AND CONTRACTS

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APPROVAL OF FINANCIAL REPORT PERTAINING TO EXPENDITURE OF FUNDS FROM THE PRATT ESTATE

UNIVERSITY OF VIRGINIA JOHN LEE PRATT FUNDS AS OF June 30, 1980

CLINCH VALLEY COLLEGE MATTERS

ELECTION OF PART TIME FACULTY

DEATH OF MR. PAUL L. STEINMARC

DIVISION OF CONTINUING EDUCATION MATTERS

HAMPTON ROADS REGIONAL OFFICE OF THE DIVISION OF CONTINUING EDUCATION MATTERS

NORTHERN VIRGINIA REGIONAL OFFICE OF THE DIVISION OF CONTINUING EDUCATION MATTER

RICHMOND REGIONAL OFFICE OF THE DIVISION OF CONTINUING EDUCATION MATTERS

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EXHIBIT A PROCEDURES FOR ACQUISITION AND DISPOSITION OF REAL ESTATE AS ENDOWMENT ASSETS

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I. ACQUISITION OF REAL PROPERTY FOR THE ENDOWMENT

2. By devise

II. DISPOSITION OF REAL PROPERTY IN THE ENDOWMENT

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2. By devise

(a) After receiving a devise of real estate, the Vice President for Business and Finance will:
- (1) Obtain two appraisals of the property.
- (2) Decide whether the property should be placed in the endowment or retained for other purposes.
- (3) Develop a written plan for retention or disposition of the property, which plan, as it may be revised from time to time, will accompany the recommendations that follow.
(b) The recommendation of the Vice President for Business and Finance, with the advice of the Legal Adviser, will be submitted to the President for approval.
(c) The President's recommendation will be submitted to the Finance Committee of the Board for its review and recommendation to the Board of Visitors for approval.
(d) The Board of Visitors' decision, if to retain the devise, will be submitted to the Division of Engineering and Buildings for its review, and if the Governor so directs, the devise will be disclaimed pursuant to the appropriate statutes.