University of Virginia Library

The Board resumed in Open Session in the East Oval Room at 2:25 p.m, Friday, May 31, 2002. In addition to the Members present for the preliminary meeting on May 30th, Thomas F. Farrell, II, Mrs. Elsie Goodwyn Holland, and Thomas A. Saunders, III, were in attendance.

The Board approved the following motions permitting it to meet in Executive Session:

That the Educational Policy Committee of the Board of Visitors of the University of Virginia go into Executive Session for the purpose of discussing personnel matters pertaining to the appointment, assignment, reappointment, promotion, performance, compensation, discipline, separation and resignation of specific faculty members of the University of Virginia; under law as provided for in Section 2.2-3711 (A) (1) of the Code of Virginia.

That the Board of Visitors of the University of Virginia go into Executive Session to be advised by and discuss with General Counsel pending and probable litigation involving the University, and the legality of our admissions procedures, and to seek legal counsel with respect to a contested personnel termination; under law as provided for in Section 2.2-3711 (A) (1) and (7) of the Code of Virginia.

That the Buildings and Grounds Committee of the Board of Visitors of the University of Virginia go into Executive Session to discuss acquisition of real estate by the University, where disclosure at this time would adversely affect the bargaining position and our negotiation strategy; under law as provided for in Section 2.2-3711 (A) (3) of the Code of Virginia.

That the Board of Visitors of the University of Virginia go into Executive Session to discuss and seek legal counsel concerning the proper investment and distribution of Gift Endowment Income, where if made public initially, the financial interest of the University would be adversely affected; under law as provided for in Section 2.2-3711 (A) (6), (7) and (8) of the Code of Virginia.

That the Board of Visitors go into Executive Session to discuss the investing of public funds relating to foundation-owned businesses where competition and bargaining is involved, and to discuss the potential expansion of the business operations, where disclosure at this time would adversely affect the University's financial interests; under law as provided for in Section 2.2-3711 (A) (5) and (6) of the Code of Virginia.

That the Board of Visitors of the University of Virginia go into Executive Session to discuss potential gifts and fund-raising strategy for the benefit of the Medical Center through a related foundation, as well as to consider a facility naming which may have future gift implications; under law as provided for in Section 2.1-3711 (A) (4) and (8) of the Code of Virginia.

That the Board of Visitors of the University of Virginia go into Executive Session to be briefed on anticipated litigation and our legal obligations with respect to proposed real property disposition, where public discussion at this time would adversely affect the University's negotiations and legal strategy; under law as provided for in Section 2.1-3711 (A) (3), (6) and (7) of the Code of Virginia.

That the Board of Visitors of the University of Virginia go into Executive Session to be briefed on our legal authority with respect to procurement policies governing vendor compensation requirements; under law as provided for in Section 2.1-3711 (A) (7) of the Code of Virginia.