USM Regents Committees on Finance, Economic Development to Meet June 19
Adelphi, Md. (June 17,
2014) -- The University System of Maryland (USM) Board of Regents Committee
on Finance will consider several action items at its next meeting on Thursday, June
19, including approval of the fiscal year (FY) 2016 capital budget request.
The meeting will begin at 10:00 a.m. in the President's
Board Room, 14th floor of the Saratoga Office Building at the
University of Maryland, Baltimore (UMB). The building is located at 220 North
Arch Street in Baltimore, Md.
Other action items before the committee include approval of the FY 2016-2020 capital
improvement program; the FY 2015 system-funded construction program request;
and the 36th bond resolution for USM auxiliary facility and tuition
revenue bonds. The committee will vote on the renewal of a heat energy
services contract at UMB and proposed technical amendments to Board Policy
VII-7.00 on annual leave for nonexempt and exempt staff. The full agenda and
supporting materials are available here.
The Committee on Economic Development and Technology
Commercialization at noon will meet in the same location and vote publicly on whether to reconvene in closed session.
The committee is scheduled to meet in public session at 12:40 p.m. In closed
session, the committee would obtain advice of legal counsel related to an audit
recommendation and discuss a pending request for proposals concerning a
cyber-security contract.
The committee will hear information items regarding its overall
strategies and a featured startup company developed at the University of
Maryland, College Park (UMCP), SecondWrite, LLC. The committee will vote on a
proposal that would allow UM Ventures at UMCP to invest up to $500,000 in FY 14
and FY 15 in Maryland-based start-up companies that license USM-owned
intellectual property. The agenda and supporting materials are here.
Sign language interpreters and/or other appropriate
accommodations for eligible individuals with disabilities will be provided upon
request. Please call 301.445.2756 (voice) or 301.314.7683 (TTY/ITT) for special
arrangements.
Parking is
available in the Saratoga Garage, also located at 220 North Arch Street in
Baltimore. For driving directions to UMB and a campus map, click here.
Contact: Mike Lurie
Phone: 301.445.2719
Email: mlurie@usmd.edu
