Board of Visitors minutes :: April 7, 2006 :: University of Virginia Library

NAMINGS AND PROFESSORSHIPS

REPORT BY THE PRESIDENT

FINAL SESSION

APPROVAL OF INCREASE IN FACULTY AND STAFF HOUSING RATES FOR 2006-2007

APPROVAL TO ESTABLISH THE MELLON PROSTATE CANCER RESEARCH FUND WITH AN INVESTMENT OF $8 MILLION

APPROVAL OF HISTORICAL MARKER AT THE UNIVERSITY OF VIRGINIA CEMETERY

APPROVAL OF THE ESTABLISHMENT OF A PRESIDENTS’ PLOT AT THE UNIVERSITY CEMETERY

DELEGATION OF AUTHORITY TO ESTABLISH CEMETERY AND COLUMBARIUM POLICIES

APPROVAL OF CONTRACT RATES FOR DINING SERVICES FOR 2006-2007 FOR THE ACADEMIC DIVISION AND THE UNIVERSITY OF VIRGINIA'S COLLEGE AT WISE

APPROVAL OF AN INCREASE IN THE AMOUNT OF SHORT-TERM LOANS FOR THE CONSTRUCTION OF THE JOHN PAUL JONES ARENA

APPROVAL OF THE UNIVERSITY’S DEBT POLICY AND INTEREST RATE RISK MANAGEMENT POLICY

APPROVAL OF THE UNIVERSITY’S CAPITAL AND OPERATING RESERVES POLICY

RESOLUTION TO AUTHORIZE TRANSFER OF ENDOWMENT FUNDS FROM THE UNIVERSITY TO THE JEFFERSON SCHOLARS FOUNDATION

APPROVAL OF SUMMARY OF AUDIT FINDINGS

FACULTY PERSONNEL ACTIONS

THE UNIVERSITY OF VIRGINIA'S COLLEGE AT WISE

ADDENDUM TO THE OFFICIAL MINUTES OF THE MEETING OF THE BOARD OF VISITORS OF THE UNIVERSITY OF VIRGINIA

RESOLUTIONS NOT REQUIRING ACTION BY THE FULL BOARD

ATTACHMENT A UNIVERSITY’S DEBT POLICY

ATTACHMENT B

ATTACHMENT C

ATTACHMENT D

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APPROVAL OF INCREASE IN FACULTY AND STAFF HOUSING RATES FOR 2006-2007

RESOLVED that the faculty and staff housing rates are approved as indicated, effective July 1, 2006. The Executive Vice President and Chief Operating Officer is authorized to increase the rates to market level when a property is vacated.

ACADEMIC DIVISION
Properties	Utilites Furnished	Rents 2005-06 Per Month	Amount of Increase	Percent of Increase	Prop. Rents 2006-07 Per Month	Utilities Paid By Occupant
Piedmont Estates
1 Bedroom Apt. (7)(F)	WS,E,G,C,T	$609	$26	4.27%	$635
2 Bedroom Apt. (16)(UF)	WS,E,G,C,T	$741	$31	4.18%	$772
Houses (3BR) (16)(UF)	WS,C,T	$1,080	$33	3.06%	$1,113	E, G
Townhouses (3BR)(5)(UF)	WS,C,T	$1,080	$0		$1,080	E, G
Farmhouse Apt. 1 (1BR)(F)	WS,E,G,C,T,AC	$680	$29	4.26%	$709
Farmhouse Apt. 2 (3 BR)(UF)	WS,E,G,C,T	$692	$29	4.19%	$721
Farmhouse Apt. 3 (1 BR)(F)	WS,E,G,C,T,AC	$680	$29	4.26%	$709
Farmhouse Apt. 4 (2 BR)(F)	WS,E,G,C,T,AC	$760	$32	4.21%	$792

Sundry
Vyssotsky Cottage (3BR)(UF)	WS,T, AC	$862	$38	4.41%	$900	E,G
McGuffey Cottage (Eff)(UF)	WS,E,V,T,AC,D	$539	$9	1.67%	$548
Upper Mews (1BR)(F)	WS,E,HP,C,T,AC,D	$730	$13	1.78%	$743
Lower Mews (1BR)(F)	WS,E,HP,C,T,AC,D	$636	$27	4.25%	$663
Monroe Hill Range (1BR)(UF)	WS,E,HVAC,T,V,D,C	$811	$31	3.82%	$842
Brown College Apts. (2BR)(UF)	WS,E,HVAC,T,V,D,C	$715	$8	1.12%	$723
Hereford Coll. Apts. (2BR)(UF)	WS,E,HVAC,T,V,D,C	$828	$8	0.97%	$836
Hereford Coll.Princ.Res. (3BR)(UF)	WS,E,HVAC,T,V,D,C	$1,030	$19	1.84%	$1,049
102 Cresap Fac. Apt. (1BR)(F)	WS,E,G,T,HVAC,V,D,C	$769	$25	3.25%	$794
Hedge House (2BR)(F)	WS,C,T,AC	$799	$33	4.13%	$832	E,G
Orchard House (5RMS)(F)	WS,E,G,C,T,AC	$378	$20	5.29%	$398
118 Oakhurst, Upper (2BR)(UF)	WS,G,C, AC	$703	$30	4.27%	$733	E,T
118 Oakhurst, Lower (2BR)(UF)	WS,G,C,AC	$703	$30	4.27%	$733	E,T
409 Valley Road, (2BR)(F)	WS,E,G,C,AC	$998	$45	4.51%	$1,043	T
411 Valley Road, (2BR)(F)	WS,E,G,C,AC	$998	$45	4.51%	$1,043	T
503 Valley Road, (1BR)(UF)	C	$563	$24	4.26%	$587	WS,E,G,T
424 MLLH, (1BR)(UF)	WS,E,G,C,HVAC,V,D	$742	$26	3.50%	$768
423 MLLH, (2BR)(UF)	WS,E,G,C,HVAC,V,D	$858	$30	3.50%	$888
004 Lewis, (1BR)(UF)	WS,E,G,C,HVAC,V,D	$742	$26	3.50%	$768

7085

Properties	Utilites Furnished	Rents 2005-06 Per Month	Amount of Increase	Percent of Increase	Prop. Rents 2006-07 Per Month	Utilities Paid By Occupant
Birdwood Properties
Cottage (1BR)(UF)	WS,C,T	$568	$23	4.05%	$591	E
Garage Apt.(2BR)(UF)	WS,C,T	$826	$37	4.48%	$863	E,G
Cash House (3BR)(UF)	WS,C,T,AC	$1,061	$45	4.24%	$1,106	E,G
Middleton House (4BR)(UF)	WS,C,T,AC	$1,241	$52	4.19%	$1,293	E,G

E & G Properties
Montebello (3BR/Garage)	WS,E,G,AC	$784	$31	3.95%	$815	C,T
Big Morea (4BR)	WS,E,G,AC,T	$1,090	$40	3.67%	$1,130	C
Little Morea (2BR)	WS,E,G,AC,T	$834	$31	3.72%	$865	C
Sunnyside (4BR)	WS,E,O,AC	$1,699	$53	3.12%	$1,752	C
Monroe Hill House (4BR)	WS,E,HVAC,T,V,D	$1,009	$38	3.77%	$1,047	C
Pavilion I (5BR)	WS,E,HVAC,T,V	$921	$35	3.80%	$956	C
Pavilion II (5BR)	WS,E,HP,T,V	$686	$28	4.08%	$714	C
Pavilion III (5BR)	WS,E,HVAC,T,V	$921	$35	3.80%	$956	C
Pavilion IV (5BR)	WS,E,HP,T,V	$686	$28	4.08%	$714	C
Pavilion V (5BR)	WS,E,HVAC,T,V	$921	$35	3.80%	$956	C
Pavilion VI (5BR)	WS,E,HVAC,T,V	$921	$35	3.80%	$956	C
Pavilion VIII Upper (3BR)	WS,E,HVAC,T,V	$600	$26	4.33%	$626	C
Pavilion VIII Lower (1BR)	WS,E,HVAC,T,V	$313	$13	4.15%	$326	C
Pavilion IX (5BR)	WS,E,HVAC,T,V	$921	$35	3.80%	$956	C
Pavilion X (5BR)	WS,E,HP,T,V	$686	$28	4.08%	$714	C

Blandy Farm
Curator's House	WS	$0	$0	0.00%	$0	E,O
Green Farm House	WS	$65	$0	0.00%	$65	E,O

Notes:
Italicized 2005-06 rents indicate that a $20 credit was granted for non-availability of high speed data service. In total six properties (five Piedmont Townhouses and the Monroe Hill Range) were brought to market this budget year. The (F) designates properties that are furnished. The (UF) designates properties that are unfurnished. Utility abbreviations are as follows: WS (water, sewer), E (electric), G (gas), O (oil), HP (heating plant), HVAC (heating, ventilating, and air conditioning), AC (window air conditioning), C (cable TV), V (voice), T (trash), and D (data).