Report of Announcements Made at the May 17th UH Board of Regents Meeting

University of Hawaiʻi
Contact:
Jim Manke, (808) 956-6099
External Affairs & University Relations
Kristen Cabral, (808) 956-5039
Public Information Officer
Posted: May 17, 2002

The University of Hawaiʻi Board of Regents (BOR) held their monthly meeting for May at Leeward Community College. The following recommendations were approved:

Extension of Contract with Cassidy & Associates: The BOR authorized a one-year extension of the current contract with Cassidy & Associates, Inc., of Washington, D.C. for consultant services for the period July 1, 2002 to June 30, 2003.

Bond Resolutions: The BOR adopted a master bond resolution and a supplemental resolution. The purpose of the 2002 Resolution is to provide a master security document to serve as a vehicle for issuing bonds to finance various facilities at the University. The 2002 Supplemental Resolution will provide, as part of the State administration‘s economic revitalization program, the issuance of $150 million Revenue Bonds to finance Phase I of the University‘s Health and Wellness Center consisting primarily of a new medical school and research building in Kakaʻako.

Student Information System: The BOR authorized the administration to finance the Student Information System (SIS) through an internal loan utilizing University Bond System cash in excess of immediate requirements. The purpose of the loan is to finance one-time implementation costs related to the SIS project.

Relating to Academic Degrees and Certificates: The BOR approved requests relating to the following academic degrees and certificates -

· Extension of provisional status for the bachelor of arts degree in Korean language and literature in the College of Languages, Linguistics and Literature at UH Mānoa

· Establishment of a bachelor of arts degree in Philippine language and literature in the College of Languages, Linguistics and Literature at UH Mānoa

· Granted permanent academic status to the bachelor of science degree in biology in the College of Arts & Sciences at UH Hilo

· Establishment of a master of arts degree in counseling psychology at UH Hilo

· Termination of the Certificate of Completion in Business Technology Program at Windward Community College

Gifts, Grants, and Contracts: The BOR accepted a report on gifts, grants, and contracts received by the UH System during the period of March 16, 2002, to April 15, 2002. The UH System received 95 awards totaling $13.3 million, which is a 3 percent increase compared to the same period last year ($12.9 million was received during the same period last year).

*An item on the agenda relating to the transfer of additional season tickets to ʻAhahui Koa Ānuenue and the establishment of individual football and Wahine volleyball ticket prices for the 2002 season was deferred to the June 2002 meeting.