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3 occurrences of endowment spending policy
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3 occurrences of endowment spending policy
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After a recess of fifteen minutes, the Board continued its meeting and adopted the following resolutions:


5965

APPROVAL OF INCREASE IN FACULTY AND STAFF HOUSING RATES FOR 2001-2002 FOR THE ACADEMIC DIVISION AND THE UNIVERSITY OF VIRGINIA'S COLLEGE AT WISE

RESOLVED that the faculty and staff housing rates be approved as indicated, effective July 1, 2001. The Executive Vice President and Chief Operating Officer is authorized to increase the rates to market level when a property is vacated.

                                                   
ACADEMIC DIVISION 
Rents  Proposed Rents  Utilities 
Properties  Utilities
Furnished 
2000-2001
Per Month 
Amount
Increase 
Percent
Increase 
2001-2002
Per Month 
Paid by
Occupant 
Piedmont Estates 
1 Bedroom Apt. (7)(F)  WS,E,G,C,T  $484  $24  5.0%  $508 
2 Bedroom Apt. (16)  WS,E,G,C,T  $587  $23  3.9%  $610 
3 BR Houses (2)  WS,C,T  $653  $26  4.0%  $679  G,E 
3 BR Houses (14)(R)  WS,C,T  $818  $42  5.1%  $860  G,E 
3BR Townhouses (5)(R)  WS,C,T  $818  $42  5.1%  $860  G,E 
121 Mimosa (Farmhouse) 
Apt. 1, 1 Bedroom  WS,E,G,C,T  $451  $25  5.5%  $476 
Apt. 2, 3 Bedroom  WS,E,G,C,T  $520  $41  7.9%  $561 
Apt. 3, 1 Bedroom  WS,E,G,C,T  $451  $25  5.5%  $476 
Apt. 4, 2 Bedroom  WS,E,G,C,T  $482  $54  11.2%  $536 
Sundry 
Vyssotsky Cottage(3BR)(R)  WS,T  $670  $36  5.4%  $706  E,G 
Upper Alden (3BR)  WS,T,G,A/C  $681  $57  8.4%  $738 
Lower Alden (2BR)  WS,T,G,V,A/C  $616  $50  8.1%  $666 
McGuffey Cottage (Eff)  WS,E,T,V,A/C  $401  $16  4.0%  $417 
Upper Mews (1BR)(F)  WS,E,HP,C,T,A/C  $563  $28  5.0%  $591 
Lower Mews (1BR)(F)  WS,E,HP,C,T,A/C  $478  $23  4.8%  $501 
Brown Coll. Range (2BR)  WS,C,HP,T,V,A/C  $577  $23  4.0%  $600 
Brown College Apt. (2BR)  WS,E,HVAC,T,V  $515  $21  4.1%  $536 
Hereford Fac. Apts. (2BR)  WS,E,HVAC,T,V  $619  $25  4.0%  $644 
Hereford Principal (3BR)  WS,E,HVAC,T,V  $780  $31  4.0%  $811 
102 Cresap Fac. Apt.(F)  WS,E,HVAC,G,T,V  $582  $23  4.0%  $605 

5966

                                                                       
ACADEMIC DIVISION 
Rents  Proposed Rents  Utilities 
Properties  Utilities
Furnished 
2000-2001
Per Month 
Amount
Increase 
Percent
Increase 
2001-2002
Per Month 
Paid by
Occupant 
Birdwood Properties 
Cottage (1BR) (R)  WS,C,T  $455  $18  4.0%  $473 
Garage (2BR)  WS,C,T  $645  $26  4.0%  $671  E,G 
Cash House (3BR)  WS,C,T  $674  $27  4.0%  $701  E,G 
Birdwood House (4BR)  WS,C,T  $955  $38  4.0%  $993  E,G 
Faulkner Properties 
Hedge House (2BR)(F,R)  WS,C,T,A/C  $635  $25  3.9%  $660  E,G 
Orchard House (5RMS) (F)  WS,E,G,C,T,A/C  $296  $12  4.0%  $308 
Carriage House (4BR)  WS,C,T  $577  $23  4.0%  $600  E,G 
118 Oakhurst,Upper (2BR)  WS,G,C  $551  $22  4.0%  $573  E,T 
118 Oakhurst,Lower (2BR)  WS,G,C  $557  $22  4.0%  $579  E,T 
409 Valley Road, (2BR)  WS,E,G,C,AC  $624  $130  20.8%  $754 
411 Valley Road, (2BR)  WS,E,G,C,AC  $624  $194  31.1%  $818 
503 Valley Road, (1BR)  $408  $16  3.9%  $424  WS,E,G,T 
Faculty Apartments 
Apt. 11, (2BR)  WS,E,G,C,T  $522  $23  4.4%  $545 
Apt. 12, (2BR)  WS,E,G,C,T  $522  $23  4.4%  $545 
Apt. 14, (2BR)  WS,E,G,C,T  $522  $23  4.4%  $545 
Apt. 15, (2BR)  WS,E,G,C,T  $522  $23  4.4%  $545 
Apt. 21 (Eff)  WS,E,G,C,T  $355  $16  4.5%  $371 
Apt. 22 (1BR)  WS,E,G,C,T  $406  $22  5.4%  $428 
Apt. 23 (Eff)  WS,E,G,C,T  $355  $16  4.5%  $371 
Apt. 24, (1BR)  WS,E,G,C,T  $406  $22  5.4%  $428 
Apt. 25, (1BR)  WS,E,G,C,T  $428  $18  4.2%  $446 
Apt. 26, (1BR)  WS,E,G,C,T  $428  $18  4.2%  $446 
Apt. 27, (1BR)  WS,E,G,C,T  $428  $18  4.2%  $446 
Apt. 28, (1BR)  WS,E,G,C,T  $428  $18  4.2%  $446 
Apt. 31, (1BR)  WS,E,G,C,T  $428  $18  4.2%  $446 
Apt. 32, (1BR)  WS,E,G,C,T  $428  $18  4.2%  $446 
Apt. 33, (2BR)  WS,E,G,C,T  $462  $22  4.8%  $484 
Apt. 34, (2BR)  WS,E,G,C,T  $462  $22  4.8%  $484 
Apt. 35, (2BR)  WS,E,G,C,T  $462  $22  4.8%  $484 
Apt. 36, (2BR)  WS,E,G,C,T  $462  $22  4.8%  $484 

5967

                                                     
ACADEMIC DIVISION 
Rents  Proposed Rents  Utilities 
Properties  Utilities
Furnished 
2000-2001
Per Month 
Amount
Increase 
Percent
Increase 
2001-2002
Per Month 
Paid by
Occupant 
E & G Properties 
Montebello, (3 BR/Garage)  WS,E,O,A/C  $645  $18  2.8%  $663  C,T 
Big Morea (4 BR) (F)  WS,E,O,A/C,T  $904  $26  2.9%  $930 
Little Morea (2BR) (F)  WS,E,O,A/C,T  $695  $20  2.9%  $715 
Sunnyside (4BR)  WS,E,O,A/C  $1,438  $42  2.9%  $1,480 
Brown College House(4 BR)  WS,E,HVAC,T,V  $836  $24  2.9%  $860 
Buckingham Palace  WS,E,HP,A/C,T  $309  $8  2.6%  $317 
Pavilion I (5BR)  WS,E,HVAC,T,V   $763  $22  2.9%  $785 
Pavilion II (5BR)  WS,HP,T,V  $565  $16  2.8%  $581 
Pavilion III (5BR)  WS,E,HVAC,T,V  $763  $22  2.9%  $785 
Pavilion IV (5BR)  WS,HP,T,V  $565  $16  2.8%  $581 
Pavilion V (5BR)  WS,E,HVAC,T,V  $763  $22  2.9%  $785 
Pavilion VI (5BR)  WS,E,HVAC,T,V  $763  $22  2.9%  $785 
Pavilion VIII Lower (1BR)  WS,E,HVAC,T,V  $258  $7  2.7%  $265 
Pavilion VIII Upper (3BR)  WS,E,HVAC,T,V  $491  $13  2.7%  $504 
Pavilion IX (5BR)  WS,E,HVAC,T,V  $763  $22  2.9%  $785 
Pavilion X (5BR)  WS,HP,T,V  $565  $16  2.8%  $581 
Blandy Farm 
Curator's House  WS  $0  $0  0.0%  $0  E,O 
Green Farm House  WS  $65  $0  0.0%  $65  E,O 
THE UNIVERSITY OF VIRGINIA'S COLLEGE AT WISE 
Houses (6)  WS  $463  $16  3.5%  $479  G,E 
2 Bedroom Apt (2)  WS,G  $458  $16  3.5%  $474 
1 Bedroom Apt (1)  WS,G  $430  $15  3.5%  $445 

"R" designates renovated properties; "F" designates furnished properties. Utility abbreviations: WS (water, sewer), E (electric), G (gas), O (oil), HP (heating plant), HVAC (heating, venting, and air conditioning system, A/C (window air conditioning), C (cable TV), V (voice and data) and T (trash removal).