>> NORTH CAROLINA CHANNEL IS MADE POSSIBLE BY THE FINANCIAL CONTRIBUTIONS OF VIEWERS LIKE YOU WHO SUPPORT THE UNC-TV NETWORK.

[stately orchestral music] ♪ >> OKAY, WE ARE OFFICIALLY UNDER WAY HERE.

GOOD MORNING, EVERYONE.

I WOULD LIKE TO THANK YOU FOR JOINING IN PERSON AND BY ZOOM TODAY.

WE HAD GREAT COMMITTEE MEETINGS YESTERDAY AND A FULL AGENDA TODAY.

I WOULD LIKE ALL TO GIVE A REPORT FROM THE CHAIR THIS MORNING.

LET'S GET STARTED.

I'LL CALL ON GOVERNOR SLOAN FOR THE INVOCATION.

>> THANK YOU.

I WAS ASKED TO DO THIS FROM MY SEAT.

THIS WILL BE THE PRAYER.

BOW OUR HEADS, PLEASE.

HEAVENLY FATHER, WE THANK YOU FOR THE UNIVERSITY SYSTEM AND OPPORTUNITY TO CONTRIBUTE TO ITS ONGOING SUCCESS.

WE ARE GRATEFUL FOR ALL OF THE WAYS YOU HAVE BLESSED OUR NATION, STATE AND WONDERFUL UNIVERSITY SYSTEM.

AS ANOTHER ACADEMIC YEAR DRAWS TO AN END, WE ASK YOU TO BLESS OUR GRADUATES WITH FULFILLING AND PROSPEROUS LIVES, FACULTY AND STAFF WITH OPPORTUNITIES FOR REST, PERSONAL GROWTH AND RENEWED SENSE OF PURPOSE AND CONTINUE TO BLESS US WHO HAVE BEEN GIVEN THE AWESOME RESPONSIBILITY OF GOVERNING THIS SYSTEM.

WE ASK THAT YOU CONTINUE TO GUIDE AND DIRECT US AND ENABLE US TO DRAW UPON THE WISDOM AND EXPERIENCE OF YESTERDAY AS WE RESPOND TO THE QUESTIONS AND CONCERNS OF TOMORROW.

IN FAITH AND IN HOPE, WE TRUST IN YOUR PRESENCE AND GUIDANCE.

AMEN.

>> AMEN.

THANK YOU, GOVERNOR.

I WOULD LIKE TO CALL ON GOVERNOR BURRIS-FLOYD TO CALL THE ROLL, PLEASE.

>> THANK YOU, MR. CHAIRMAN.

GOOD MORNING, EVERYONE.

CHAIR RAMSEY?

>> PRESENT.

>> VICE-CHAIR MURPHY?

>> HERE.

>> MR. BISSETTE?

>> HERE.

>> MRS. BLUE?

>> HERE.

>> MR. BRADLEY?

>> HERE.

>> MR. BYERS?

HERE.

>> WE ARE GLAD YOU'RE HERE.

MR. CLARK?

>> HERE.

>> MRS. COWARD?

>> HERE.

>> MR. DALTTRY?

>> MR.FORD?

>> MR. FRALEY?

PRESENT.

>> MR. HOLLY?

>> GOOD MORNING.

>> GOOD MORNING.

MR. HOLMES?

>> HERE.

>> MR. HUTCHINS?

>> HERE.

>> MRS. NICHOLS?

>> MR. POPE?

>> PRESENT.

>> MR. ROBERTS?

>> PRESENT.

>> MR. WILLIFORD?

HERE.

>> MR. CHAIRMAN, Y YOU HAVE A QUORUM.

>> THANK YOU.

THE STATE ETHICS TOOK PLACE 2007 AND ALL OF THE BOARD OF GOVERNORS ARE COVERED BY THE ACT.

YOU HAVE A DUTY TO AVOID CONFLICT OF INTEREST OR APPEARANCE OF CONFLICT.

LOOKING AT THE GA AGENDA, DOES ANYONE KNOW OF A CONFLICT OF INTEREST OR APPEARANCE OF CONFLICT, LET ME KNOW.

I WOULD LIKE THOSE ATTENDING TODAY TO REMAIN RESPECTFUL OF THOSE IN THE BOARD.

ANY INDIVIDUAL THAT DISRUPTS THE MEETING WILL BE ASKED TO LEAVE OR SUBJECT TO ARREST.

IT'S COME TO THE HIGHLIGHT PORTION OF THE MORNING.

BOARD OF GOVERNOR, WE HAVE A GREAT HONOR IN SELECTING EACH YEAR OF THE RECIPIENTS OF THE GARDENER AWARD ESTABLISHED BY THE LATE GOVERNOR GARDENER, HELPING THE WORK THAT HAS MADE THE GREATEST CONTRIBUTIONS TO THE HUMAN RACE.

WE ARE GRATEFUL TO THE GARDENER FAMILY FOR RECOGNIZING OUR CONTRIBUTIONS AND THE LONG TRADITION OF PUBLIC EDUCATION IN THE STATE OF NORTH CAROLINA.

WE ARE THANKFUL FOR THE MEMBERS OF THE COMMITTEE ON POLICIES AND PRAGUE.

CHAIR TEMPLE SLOANE, SONYA NICHOLS AND RAY PALMER APPOINTED TO THE SUBCOMMITTEE.

NOW LET ME ASK GO GOVERNOR NICHS TO ANNOUNCE THIS YEAR'S REAT RECIPIENT.

>> THE SUBCOMMITTEE UNANIMOUSLY SELECTED DR. YUEN, PROFESSOR FOR BIOENGINEERING AT THE NORTH CAROLINA NAT STATE UNIVERSITY.

WE ARE PLEASED MEMBERS OF HIS FAMILY AND COLLEAGUES ARE HERE TO RECOGNIZE HIM TODAY.

YOU HONOR US WITH YOUR PRESENCE.

PLEASE STAND SO WE CAN HONOR ALL OF YOU.

[APPLAUSE] DR. YUEN BECAME THE FIRST FACULTY MEMBER OF THE BUY ENGINEERING PROGRAM ESTABLISHED IN 2010.

HIS NATIONAL REPUTATION HELPED MAKE NORTH CAROLINA ACHIEVE CRED DAITION OF THE BIOENGINEERING CURRICULUM, THE FIRST BCU IN THE UNITED STATES TO EARN THE DISTINCTION.

WHAT DID HE DO?

HE IS COMMITTED TO DISCOVERING COMPLEX BRAIN CHANGES INVOLVED IN ALZHEIMER'S.

HE WAS AWARDED $1.43 MILLION FROM THE NATIONAL INSTITUTE OF HEALTH BY DESIGNING A CONSTRUCT PLATFORM IF THE FIGHT AGAINST ALZHEIMER'S DISEASE.

THE MODEL REPRESENTS THREE AREAS OF ENTRY FOR ALZHEIMER'S COMBATING DRUGS.

THIS BRAIN TECHNOLOGY WILL REPLACE ANIMAL USE AND WILL ADVANCE MEDICINE.

WHEN I SAW MINIBRAIN, I FIGURED THAT'S WHY YOU ASKED ME TO DO THIS.

HE RECEIVED DEGREE FRS THE UNIVERSITY IN SOUTH KOREA AND COMPLETED DOCTORAL AND POST DOCTORAL WORK AT THE UNIVERSITY OF SE CINCINNATI.

JOIN ME IN WATCHING A SHORT VIDEO RECOGNIZING DR. YUEN.

[VIDEO ] >> I HATE TO SAY THERE IS NO CURE AVAILABLE FOR ALZHEIMER OR OTHER TYPE OF BRAIN DISEASE.

FINDING A CURE IS COMPLEX FOR THE BRAIN AND OUR TIME IS REALLY HARD TO FIND THE RIGHT CURE.

>> THE AWARD FOCUSES ON LEADING RESEARCH SCIENTISTS IN THE UNC SYSTEM WHOSE WORK HAS PROFOUND IMPACT ON THE HUMAN RACE.

HE IS A PROLIFIC RESEARCHER, LEADS THE LABORATORY AND HIS FORETHINKING RESEARCH, CHANGING THE QUALITY OF LIFE FOR THE HUMAN RACE.

HIS WORK IS INNOVATIVE, EXCITING, RELEVANT, AND HIS ENTHUSIASM FOR HIS WORK CAPTURES THE INVOLVEMENT AND ENTHUSIASM OF HIS COLLEAGUES IN THE LABORATORY WHO ALSO ARE FASCINATED BY A FUNCTIONAL MODEL FOR THE MINIBRAIN TO BE ABLE TO EXPLORE THE POSSIBILITIES ADDRESSING DISEASES.

>> MY LAB IS TO MODEL THE BRAIN DISORDERS.

FOR EXAMPLE, OUR LAB IS WORKING WITH THE ALZHEIMER'S DISEASE.

WE USE PATIENT STEM CELLS.

THAT BLOOD VESSEL INTERACTS WITH THE MINIBRAIN AND THE MINIBRAIN SYSTEM HAS ALL OF THE STRUCTURES OF THE BRAIN AND IT'S ALL SYNCHRONIZED TOGETHER.

>> THE RESEARCH IS INCREDIBLE.

IT'S REVOLUTIONARY BECAUSE OF WHAT IT WILL ALLOW US TO DO AND RESEARCHERS IN THE FIELD TO DO, TO UNDERSTAND BRAIN DEVELOPMENT, HOW CIRCUITS ARE FORMED, TO UNDERSTAND DISEASE PROCESSES, INFLAMMATION AND IN TERMS OF DISCOVERY, CELEBRATES THERAPY.

THE WORK HE'S DOING CAN REPLACE THE NEED TO USE ANIMAL MODELS IN STUDIES.

IF IT TAKES 15 TO 20 YEARS, THE RESEARCH IS IMPORTANT TO ACCELERATE THE PROCESS.

>> THE BIOENGINEERING PROGRAM IS RELATIVELY NEW, BUT IT'S GROWING RAPIDLY.

WHEN I STARTED IN 2010, BIOENGINEERING AT NORTH CAROLINA, WE HAD A COUPLE OF THEM BUT IT'S RAPIDLY GROWING TO NOW 200 STUDENTS.

>> WITH HIS HELP AND IDEAS, IT INSPIRED ME TO CREATE MY OWN RESEARCH PROJECT WHICH IS MAKING MY OWN POLARIZED MINIBRAINS TO SEE IF THAT IS POSSIBLE TO DO IT ON ALZHEIMER'S BRAINS.

>> I WOULD DESCRIBE HIM AS A PROACTIVE LEADER.

HE TAKES TIME TO PREPARE US FOR THE THINGS WE'LL DO AS FAR AS RESEARCH IS CONCERNED, MAKING SURE WE HAVE BACKGROUND KNOWLEDGE, MAKING SURE WE ARE ABLE TO DISCUSS IT COMPETENTLY AN WHEN WE GO THROUGH THE PROCESS, WE ARE NOT JUST DOING IT TO GET A PRODUCT, WE ARE LEARNING WHAT WE ARE WORKING ON, HAVE A SKILL TO TAKE TO THE NEXT STEP.

I FEEL I'M GETTING LIFELONG SKILLS WORKING WITH HIM.

[END VIDEO ] [APPLAUSE] >> DR. YUEN, YOU ARE HIGHLY DESERVING OF THIS AWARD.

YOUR DEDICATION TO RESEARCH AND SERVICE WILL CHANGE LIVES HERE IN NORTH CAROLINA AND OUR NATION AND BEYOND.

WILL YOU PLEASE JOIN ME AT THE PODIUM?

I WOULD LIKE TO PRESENT YOU WITH THIS CHECK AND BRAIN CITATION, AND WE ARE HOPING YOU MIGHT HONOR US WITH A FEW WORDS.

>> THANK YOU SO MUCH.

>> THANK YOU SO MUCH.

CONGRATULATIONS.

>> SO, THANK YOU SO MUCH.

IT'S A GREAT HONOR TO BE PRESENT HERE.

I LIKE TO MAKE A COUPLE OF COMMENTS.

WHEN I GOT IT TWO MONTHS AGO, I THOUGHT IT WAS A SCAM.

THEN, I REALIZED IT WAS REAL.

THEN I COULDN'T SLEEP FOR A COUPLE OF DAYS.

I HAVE TO TOSS AND TURN AT NIGHT.

THEN EVEN YESTERDAY, I COULDN'T SLEEP WELL, AND THEN -- IT'S AN EXTREME HONOR TO RECEIVE THIS 2022 OLIVER MAX GARDENER AWARD IN THE PRESENCE OF THE UNC BOARD OF GOVERNORS AND CHANCELLORS AND FAMILIES AND ALL OF THE COLLEAGUES WHO I WORK WITH FOR MORE THAN TEN YEARS.

I THINK IT CHANGED THE FUTURE PARADIGMS.

TO START THE BIOENGINE PROGRAM AT NORTH CAROLINA NT, IT WAS VERY EXCITING, AND IT WAS BORN THROUGH THE RESEARCH CENTER FOR REVOLUTIONIZED MATERIALS.

I WAS HIRED AS A FACTORY MEMBERS.

THERE ARE A LOT OF SUPPORT FROM THAT ACTIVITY TO INITIATE FROM THE UNIVERSITY OF PITTSBURGH.

I WAS HAPPY TO BE PART OF THAT.

AFTER THAT, WE ESTABLISHED A LOT OF THE EDUCATIONERS AND RESEARCH FOR THE LAST TEN YEARS.

RIGHT NOW, THE NUMBER IS A RAPID INCREASE.

I HOPE WE CAN CONTINUE TO GROW FOR ALL OF THE PROGRAMS IN THE FUTURE.

I LIKE TO SPECIAL THANKS TO THE PRESENCE OF PETER HANS AND CHAIR RAMSEY AND MEMBERS OF THE EDUCATION AND PLANNING PROGRAMS AND POLICY AWARDS, INCLUDING THE GOVERNOR SLOAN AND GH GOOLSBY.

AND CHANCELLOR MARTIN FOR MANY YEARS TO ESTABLISH THE BIOENGINEERING PROGRAM AND THE PROVOST AND DEANS AT A & T. I LIKE TO HAVE A SPECIAL THANK YOU FOR THE CHAIR AND REALLY INITIATED THE BIOENGINEERING PROGRAM IN THE UNIVERSITY OF PITTSBURGH TO TRANSFER THE INFORMATION TO NORTH CAROLINA A & T. HE MENTORED, ADVISED STUDENTS AND FOR US, TWO STEPS OF THE BIOENGINEERING PROGRAM MANY YEARS.

I WOULD LIKE TO THANK DR. SANKERS.

HE HELPED US TO GROW AS A BIOENGINEERING PROGRAM AND RESEARCHING PROCESSOR.

HE IS THE FIRST WINNER OF THE OLIVER MAX GARDENER AWARD 2010.

I'LL BE THE SECOND.

THEN, I WOULD LIKE TO ALSO THANK YOU, DR. PI.

HE PASS AWAY A COUPLE OF YEARS AGO.

HE OUGHT TO BE HAPPY BECAUSE HE COULDN'T BE HERE, BUT HE HELPED US A LOT TO RESEARCH THE PROGRAMS AND RESEARCH ACTIVITY AT NORTH CAROLINA.

ALSO, COLLEAGUE HERE WHO MAKE TO COME IN HERE AND ALSO THE BIOENGINEERING FACULTY AND ALSO THE SURGAE VOICE WE WORK TOGETHER FOR TEN YEARS TO ESTABLISH BIONEARING AND RESEARCH INFRASTRUCTURES.

ALSO, THOMAS TODD CARRIES ALL OF THE LOGISTICS TO MAKE THIS THING WORK FORWARD.

FINALLY, I WOULD LIKE TO THANK YOU, MY WIFE AND MY SONS.

ALL OF THE PATIENCE AND SUPPORT YOU MADE, I REALLY THANK YOU.

I AM STILL RELATIVELY YOUNG.

I HAVE MANY YEARS TO WORK AND SERVE, AND I HOPE -- I LIKE TO TAKE THIS AS ENCOURAGEMENT TO WALK HARDER IN THE COMMUNITY AND HUMAN RACE AND ALSO THE LEADERSHIP.

I HOPE I CAN BRING MORE NEWS IN THE FUTURE.

GREAT NEWS TO EVERYBODY.

THANK YOU.

[APPLAUSE] >> THE UNC SYSTEM IS BLESSED TO HAVE FACULTY SO COMMITTED TO RESEARCH AND PUBLIC SERVICE.

CONGRATULATIONS, DOCTOR.

I'M CERTAINLY GLAD THIS WASN'T A SCAM.

GOOD MORNING, EVERYONE.

WELCOME.

I WANT TO TAKE A MINUTE TO RECOGNIZE STATE AUDITOR BETH WOOD IN THE GALLERY TO MY RIGHT.

SHE IS TAKING TIME TO BE WITH US TODAY.

AUDITOR WOOD, WE APPRECIATE THE WORK YOU AND YOUR TEAM DO AND WE LOOK FORWARD TO HEARING FROM YOU LATER IN OUR PROGRAM.

AS WE HEAD INTO THE SUMMER, I WANT TO CONGRATULATE THE THOUSANDS OF STUDENTS GRADUATING FROM OUR INSTITUTIONS THIS MONTH.

COMMENCEMENT IS ONE OF MY FAVORITE TIMES OF THE YEAR.

IT'S A VIVID AND PERSONAL REMINDER OF THE IMPACT AND THE SMILES ON THE GRADUATES ARE BRIGHT AS SUNSHINE.

I WAS GRATEFUL TO HAVE THE OPPORTUNITY TO PARTICIPATE IN UNC CHAPEL HILL CEREMONIES THIS MONTH.

I OFFER MY THANKS TO EACH BOARD MEMBER THAT PARTICIPATED IN OTHER COMMENCEMENTS AROUND THE SYSTEM.

WHEN I ATTEND COMMENCEMENT, I'M REMINDED OUR COUNTRY AND STATE ARE IN GOOD HANDS INTO THE FUTURE.

WHILE WE ARE DISCUSSING GOOD NEWS, GOVERNOR COOPER ANNOUNCED AN INVESTMENT OF $16.3 MILLION TO HELP THE UNC SYSTEM PAY FOR SUMMER CLASSES 2022 AND 2023.

EACH GRANT FROM THE GOVERNOR ACCELERATOR PROGRAM WILL OFFER STUDENTS $5,000 TO COVER TUITION, FEES, HOUSING COSTS AND OTHER COSTS ASSOCIATED.

THIS WILL SPEED UP THE DEGREE AND KEEP STUDENTS ON SCHEDULES TO GRADUATE IN FOUR YEARS.

I WANT TO THANK THE GOVERNOR FOR THE COMMITMENT TO THE SYSTEM AND STUDENT.

I DON'T BELIEVE IT'S AN OVERSTATEMENT TO SAY THIS GRANT WILL CHANGE LIVES.

BEFORE I GET INTO THE FUN PART OF MY REMARKS, I WOULD LIKE TO ASK PRESIDENT HANS TO GIVE AN UPDATE ON ATHLETIC PROGRAM WORK WE HAVE GOING ON.

>> THANK YOU, MR. CHAIRMAN.

I THANK THE GOVERNOR AS WELL.

HE IS WORKING WITH US ON THE SUMMER PROGRAMS AND MENTAL HEALTH FUNDING WE HOPE WE'LL BE ABLE TO ANNOUNCE SOON.

YESTERDAY, WE HEARD IN THE BUDGET AND FINANCE COMMITTEE GOOD WORK BEING DONE BY MR. HOLMES AND MRS. HAYGOOD ON THE INFORMATION GATHERING PHASE WHICH IS CRITICAL.

SO MANY ATHLETIC ISSUES IMPACTING CAMPUSES RANGING FROM NAMED IMAGING LIKENESS TO TITLE IX COMPLIANCE TO THE DOMINO EFFECT OF CONFERENCE REALIGNMENT AND ON.

WE HAVE HEARD FROM CLANSORS AND ATHLETIC DIRECTORS ASKING FOR SYSTEM SUPPORT IN FACILITATING CONVERSATIONS ABOUT THESE TOPICS.

WE DON'T HAVE ATHLETIC EXPERTISE HERE AT THE SYSTEM OFFICE.

WE DON'T PLAN TO DEVELOP IT BECAUSE WE PROPERLY DELEGATE THOSE RESPONSIBILITIES TO THE INSTITUTIONS THEMSELVES.

I DO APPRECIATE CHAPEL HILL MAKING ONE OF THEIR ATHLETIC EXPERTS AVAILABLE TO US IN CLAYTON SUMMERS, KNOWN TO MANY OF US.

HE WILL BE HELPING US UNDERSTAND A RAPIDLY CHANGING LANDSCAPE AND HOW WE CAN BE SUPPORTIVE AS ATHLETICS IS THE FRONT PORCH OF THE UNIVERSITY.

IT HELPS US ENGAGE THE COMMUNITY AND IS INVALUABLE PART OF THE STUDENT EXPERIENCE.

MR. CHAIRMAN, MORE TO FOLLOW AS WE HAVE DISCUSSIONS WITH THE BOARD LEADERSHIP AND THE CHANCELLORS AND ATHLETIC DIRECTS ABOUT HOW TO BE HELPFUL.

>> THANK YOU.

I KNOW THAT'S SOMETHING WE ARE INTERESTED TO HEAR ABOUT.

IT'S A CHALLENGE AND WE ARE GLAD WE HAVE EXPERTS LIKE MR. SUMMERS TO HELP US.

SEVERAL TIMES OVER THE PAST YEAR I HAVE USED THIS FORUM TO TALK ABOUT PUBLIC SERVICE.

TODAY, IT SEEMS APPROPRIATE TO RECOGNIZE A FEW OF OUR OWN PUBLIC SERVANTS, SOME INCOMING, OTHERS OUT GOING.

FIRST, DAVID CRABTRY EXECUTIVE OFFICER AT PBS NORTH CAROLINA.

HE CAME TO US 30 YEARS CAREER ANCHOR AND REPORTER, WORKING PART TIME IN APRIL AND JOINED FULL TIME IN JUNE.

WE ARE EXCITED TO HAVE YOU, DAVID AND LOOK FORWARD TO SERVING WITH YOU.

HOW ABOUT A NICE WARM WELCOME?

[APPLAUSE] >> BITTERSWEET NEWS IS J KAREN'S RETIREMENT.

SHE WORKED 15 YEARS IN THE SYSTEM OFFICE BEGINNING HER CAREER IN THE LEGAL DEPARTMENT.

ACCEPT OUR THANKS FOR ALL YOU HAVE DONE FOR THE UNC SYSTEM AND BOARD OF GOVERNORS.

KAREN WORKS BEHIND THE SCENES TO MAKE SURE THE MEETINGS RUN SMOOTHLY AND IS NO SURPRISE TO BE BEHIND THE SCENES TODAY.

CONGRATULATIONS TO KAREN WHO SAID SHE WOULD KILL US IF WE GAVE HER A RESOLUTION.

[APPLAUSE] >> FINALLY, I WOULD LIKE TO RECOGNIZE LYNN SANDERS, CHIEF AUDIT OFFICER AND AUDIT CHAMPION.

SHE HAD A PIN ON YESTERDAY THAT SAID I LOVE INTERNAL AUDITS.

SHE'S RETITIRING MAY 31ST.

SHE IS HONORED BY HER COLLEAGUES AND HAS THE HIGHEST AWARD IN THE STATE GRANTED BY THE GOVERNOR.

WE ARE GRATEFUL FOR YOUR WORK AND WANT TO HONOR YOU WITH RETIREMENT.

WE'LL CALL ON GOVERNOR HOLMES TO PRESENT A RESOLUTION TO YOU.

>> I WOULD LIKE TO PRESENT THIS RESOLUTION TO S. LYNN SANDERS.

SHE HAS NERVED SINCE APRIL 2010, SERVING ASSOCIATE VICE PRESIDENT FOR FINANCE, ASSOCIATE VICE PRESIDENT FOR UNIVERSITY FINANCE AND COMPLIANCE OPERATIONS, AND VICE PRESIDENT FOR COMPLIANCE AND AUDIT SERVICES AND CHIEF AUDIT OFFICER.

AND WHEREAS SHE PREVIOUSLY PROVIDED PROFESSIONAL AND DEDICATED SERVICE TO THE PEOPLE OF NORTH CAROLINA IN THE OFFICE OF THE STATE AUDITOR FOR 21 YEARS WHERE SHE HAD RESPONSIBILITY FOR MANAGING AUDITS, RESEARCHING COMPLEX ACCOUNTING AND TOPICS AND ADVISING AUDIT STAFF AND REVIEWING WORK PAPERS TO COMPLY WITH AUDITING STANDARDS, PROVIDING TRAINING, LEADERSHIP AND ADMINISTRATIVE LEADERSHIP TO FOUR AUDIT TEAMS.

SHE HAS FUNCTIONED AS AN INTEGRAL MEMBER OF THE LEADERSHIP TEAM FOR THE PAST 12 YEARS PROVIDING STRONG LEADERSHIP IN THE AREAS OF INTERNAL AUDIT, COMPLIANCE AND ENTERPRISE RISK MANAGEMENT INCLUDING SERVING AS CHIEF AUDITOR FOR THE UNC SYSTEM OFFICE, NORTH CAROLINA SCHOOL OF MATHEMATICS AND STATE ASSISTANCE AUTHORITY LEADING THE IMPLEMENTATION OF THE COMPLIANCE PROGRAM, INSTITUTING ENHANCED AUDIT AND INVESTIGATION PROCEDURES, ESTABLISHING TRAINING PROGRAMS FOR INTERNAL AUDIT, BUSINESS PROFESSIONALS, GUIDING ESTABLISHMENT OF RISK MANAGEMENT ACROSS THE UNC SYSTEM, FORGING STRONG RELATIONSHSHIPS AND PROVIDING GUIDANCE ADD ADVISE TO COLLEAGUES.

SHE HAS BEEN A TRUSTED ADVISER TO THE BOARD OF GOVERNORS, THE BOARD'S AUDIT COMPLIANCE AND SIX SYSTEM PRESIDENTS, INCLUDING PRESIDENT BOLES, ROSS, INTERIM PRESIDENT GONZALES, PRESIDENT SPELLINGS, INTERIM PRESIDENT ROPER AND PRESIDENT HANS.

THROUGHOUT HER TENURE SHE HAS PROVIDED ADVICE AND GUIDANCE TO THE BOARD OF GOVERNORS, PRESIDENT AND UNC SYSTEM OFFICE AND ALSO TO THE 17 CHANCELLORS, CHIEF AUDIT OFFICERS AND OTHER PROFESSIONALS OF OUR INSTITUTIONS, AND WHEREAS SHE WAS RECOGNIZED BY HER PEERS IN 2015 WITH THE NORTH CAROLINA AUDITOR OF EXCELLENCE ISSUED BY THE COUNCIL OF INTERNAL AUDIT.

WHEREAS DURING HER TENURE SHE HAS MENTORED BUSINESS AND COMPLIANCE PROFESSIONALS ACROSS THE UNC SYSTEM AND WHEREAS IN THE WORDS OF PRESIDENT HANS, LYNN SANDERS, DEFINES THE WORD PROFESSIONAL.

SHE WILL CONCLUDE HER SERVICE AS VICE PRESIDENT FOR COMPLIANCE AND AUDIT SERVICES AND CHIEF AUDIT OFFICER FOR THE NORTH CAROLINA SYSTEM MAY 31ST, 2022.

NOW THEREFORE BE IT RESOLVED THAT THE BOARD OF GOVERNORS OF THE UNIVERSITY OF NORTH CAROLINA EXTEND ITS DEEPEST GRATITUDE AND APPRECIATION TO LYNN SANDALLERS FOR OUTSTANDING SERVICE, DEDICATION AND FRIENDSHIP AND WISH HER THE BEST IN HER WELL EARNED AND RICHLY DESERVED RETIREMENT.

THIS THE 26TH DAY OF MAY, 2022.

CHAIR RAMSEY?

I MOVE THAT THE BOARD ACCEPT THIS RESOLUTION HONORING THE SERVICE OF LYNN SANDERS.

>> MEMBERS OF THE BOARD, YOU HEARD THE MOTION.

DO I HEAR A SECOND?

>> SECOND.

>> MISS SANDERS, I'LL MISS YOU.

YOU HAVE KEPT ME OUT OF TROUBLE AS MUCH AS MR. HAS N SHANAHAN TE LEFT IS.

WHEN THE AUDITOR SHOWS UP HERE, I'M STILL GOING TO CALL YOU UP AND ASK YOU TO COME BACK.

ALL IN FAVOR SAY AYE.

COME AND GET YOUR AWARD FROM VICE-CHAIR MURPHY, PLEASE?

[APPLAUSE] >> I WOULD NOW LIKE TO CALL ON PRESIDENT HANS FOR THE PRESIDENT'S REPORT.

>> THANK YOU, MR. CHAIRMAN.

AS WE ALL KNOW, NORTH CAROLINA IS HOME TO ONE OF THE LARGEST POPULATIONS OF VETERANS AND ACTIVE MILITARY PERSONNEL IN THE NATION.

WE WANT TO MAKE IT EASY AS POSSIBLE FOR THOSE DEDICATED AMERICANS TO BUILD A LIFE AND CAREER IN OUR STATE, PROVIDING A WORLD CLASS EDUCATION IS THE BEST WAY TO DO THAT.

I'M PROUD OF THE STEPS WE ARE TAKING TO CONNECT MILITARY STUDENTS WITH PUBLIC UNIVERSITIES.

WE SERVE 21,000 VETERANS AND ACTIVE DUTY PERSONNEL.

WE HAVE THE POTENTIAL TO REACH MORE.

THROUGH TARGETED OUTREACH, WE CAN MAKE SURE MILITARY STUDENTS GET THE MOST OUT OF THEIR EDUCATIONAL BENEFITS AND HAVE THE RESOURCES THEY NEED TO TAKE THE NEXT STEPS IN THEIR LIVES.

WE HAVE LAUNCHED A CAMPAIGN TO DO THAT.

YOU CAN SEE MORE INFORMATION ON THE CHART BEHIND US.

I DON'T KNOW BUT I HAVE BEEN TOLD, UNC SCHOOLS ARE SOLID GOLD.

WE HAVE TO DO OUR PART TO MAKE SURE OUR CREDIT POLICIES ARE CLEAR, FAIR AND CONSISTENT.

OUR NEW POLICY ON MILITARY CREDIT WILL ENSURE STUDENTS GET PROPER RECOGNITION FOR THE TRAINING THEY HAVE COMPLETED.

THAT CREDIT IS APPLIED CONSISTENTLY ACROSS ALL OF OUR INSTITUTIONS.

THIS WILL HELP US REDUCE BARRIERS TO ENROLLMENT FOR SERVICE MEMBERS AND PROMOTE MORE EFFICIENT USE OF VA BENEFITS.

IN THE PAST, WE HAVE MISSED OUT ON THE CHANCE TO SERVE MILITARY STUDENTS BECAUSE OUR CREDIT POLICIES WERE NOT EASY TO PARSE AND WE WERE NOT GENEROUS AS THOSE OF OUR PEERS.

HUNDREDS OF FACULTY AND ADMINISTRATORS HAVE WORKED TO CORRECT THAT PROBLEM.

I APPLAUD THEIR DEDICATION AS WELL AS BOARD MEMBERS.

AS I OFFICIALLY SIGN THE NEW RULES INTO ACTION, PROVIDED MADAM SECRETARY WILL LET ME BORROW HER PEN.

>> MY PLEASURE.

>> THANK YOU.

THIS IS A WIN FOR THE ENTIRE UNIVERSITY.

I HEAR FROM FACULTY ALL THE TIME ABOUT HOW VETERANS AND ACTIVE DUTY STUDENTS CONTRIBUTE TO THE CLASSROOM, ENRICHING DISCUSSION AND BRINGING NEW PERSPECTIVE TO THEIR PEERS.

I'M PLEASED TO BE ABLE TO HAVE JASMINE COLEMAN JOIN US ONLINE.

SHE IS A US ARMY VETERAN WHO WORKS WITH MILITARY STUDENTS PEMBROKE WHILE STUDYING ONLINE FOR A GRADUATE DEGREE FROM APPALACHIAN STATE HERSELF.

SHE HAS HARD WON INSIGHT ABOUT PURSUING HIGHER EDUCATION.

LISTENING TO HER WILL NO DOUBT UNDER SCORE WHY WE WANT THE PEOPLE LIKE JASMINE TO STAY HERE IN NORTH CAROLINA.

JASMINE, WILL YOU SHARE A FEW WORDS WITH US?

>> YES, THANK YOU, EVERYONE IN ATTENDANCE THERE.

I WOULD HAVE LOVED TO JOIN YOU IN PERSON, BUT I HAVE TO SUPPORT A MENTOR AND VETERAN DURING A TIME OF LOSS FOR HIS FAMILY.

I HAVE TO LEAVE HERE AND ATTEND A MEMORIAL SERVICE.

I WANTED TO BE SURE TO JOIN IN AND LET EVERYONE KNOW AS A VETERAN, AS A MILITARY SPOUSE, MILITARY DEPENDENT, I USED TO THINK I MIGHT BE A UNICORN, BUT THAT'S NOT THE CASE.

7% OF OUR STUDENT VETERANS ARE MARRIED TO OTHER VETERANS.

WE HAVE TO LOOK AT HOW WE ASSIST THE VETERANS AND HOW IT WILL ENABLE US TO PROVIDE A HOLISTIC APPROACH TO MILITARY FAMILIES.

NOT EVERY SPOUSE IS A WOMAN.

NOT EVERY SPOUSE IS A SPOUSE.

I HAD THE JOYS OF TRANSITIONING OUT BEFORE MY HUSBAND AND BEING TREATED AS A SPOUSE AND VETERAN.

I LOOK AT HOW WE APPROACH THIS COMMUNITY, AND REALIZING THAT WE NEED TO DO MORE IN REALLY GAINING A SENSE OF WHO THIS POPULATION IS AND WHAT WE CAN DO TO SUPPORT THEM.

I HAVE BEEN BLESSED TO WORK AT TWO SYSTEM SCHOOLS AND A NORTH CAROLINA COMMUNITY COLLEGE.

I ALWAYS SAY I STARTED AT FAYETTEVILLE STATE WHERE I LEARNED HIGHER EDUCATION IS WHAT I LOVE.

THEN I MOVED TO THE TECHNICAL COLLEGE AND LEARNED THE INS AND OUTS OF MILITARY TRANSFER CREDIT AND HOW TO HAVE DIVERSE PROGRAMS TO SUPPORT OUR MILITARY STUDENTS AND I WAS BLESSED TO MOVE ON TO UNC PEMBROKE WHERE THEY GAVE ME THE CHANCE TO LEAD.

I TAKE EVERY OPPORTUNITY TO SOUND THE HORN, BEAT THE DRUM AND LET PEOPLE KNOW THAT MILITARY TRANSFER CREDIT IS IMPERATIVE TO US BEING MILITARY FRIENDLY.

WE MAY HAVE DIFFERENT SURVEYS AND AWARDS THAT SAY WE ARE MILITARY FRIENDLY.

THAT CAN GIVE US THE MILL ATTITUDE THAT WE ARE, BUT THE REALITY IS, WHAT WE DO FOR STUDENTS AND WHAT THEY SAY WE DO FOR THEM IS REFLECTIVE OF US BEING MILITARY FRIENDLY.

I DIDN'T GO TO A SYSTEM'S SCHOOL AS A YOUNG SOLDIER BECAUSE THE PRIVATE SCHOOL AT FORT BRAGG HAD MORE TRANSFER CREDITS I WAS ABLE TO RECEIVE FOR MY MILITARY SERVICE.

THAT IS SOMETHING I BEGAN TO ASK QUESTIONS ABOUT AND SAW THOSE OF US ON THE CAMPUSES DOING THE WORK.

I WAS ABLE TO BE INVOLVED WITH THE SYSTEM LEVEL PROJECTS AND SEEING THE SUBJECT MATTER EXPERTS PULL TOGETHER AND RESOURCES AND IMPLEMENT TECHNOLOGY TO MAKE IT EASIER, ESPECIALLY FOR THE SMALLER CAMPUSES TO ASSESS CREDIT.

IT REALLY IS A WONDERFUL OPPORTUNITY FOR US AS A SYSTEM TO STRENGTHEN WHAT WE ARE ABLE TO DO IN RECRUITING MILITARY STUDENTS AND THEY ARE PROVIDING THE HOLISTIC SUPPORT FOR MILITARY FAMILIES.

>> JASMINE, THANK YOU FOR YOUR SERVICE AND YOUR LEADERSHIP.

AS THE CHAIR WILL ATTEST AND SECRETARY WILL ATTEST, I HAVE SIGNED THE RULE INTO EFFECT.

WE'LL PROPERLY MOVE FORWARD WITH AWARDING PRIOR CREDIT FOR MILITARY SERVICE.

THANK YOU ALL.

[APPLAUSE] >> THAT CONCLUDES MY REPORT, MR. CHAIRMAN.

>> THANK YOU, M MR. PRESIDENT.

I CAN'T THINK OF ANYTHING MORE IMPORTANT THAN STRENGTHENING OUR BOND WITH MILITARY STUDENTS.

I WOULD LIKE TO RECOGNIZE SECRETARY BALLARD WHO SNUCK IN THE BACK THERE.

THANK YOU FOR JOINING US.

I FEEL CONFIDENT WE CAN FIND A CHAIR FOR YOU.

YOU CAN HAVE MINE.

YOU WILL PROBABLY DO A BETTER JOB.

THE BOARD WILL CONSIDER CONSENT AGENDA ITEMS.

ITEM SIX ON TODAY'S AGENDA.

ARE THERE ANY ITEMS TO REMOVE?

IF NOT, I WOULD LIKE TO APPROVE BY ACTION OF CONSENT.

DO I HAVE A MOTION?

SECOND?

DISCUSSION OR DEBATE?

ALL IN FAVOR SAY AYE.

ANYONE OPPOSED?

MOTION CARRIES.

THANK YOU VERY MUCH.

I WOULD NOW LIKE TO CALL ON GOVERNOR HOLMES FOR A REPORT ON BUDGET AND FINANCE.

>> MEMBERS OF THE BOARD, DURING THE MEETING YESTERDAY THE COMMITTEE ON BUDGET AND FINANCE RECEIVED A PRESENTATION OF THE 23 BUDGET.

ALL INSTITUTIONS HAVE DEVELOPED A COMPREHENSIVE OPERATING BUDGET THAT INCLUDES GENERAL FUND AND INSTITUTIONAL TRUST FUND ACTIVITY.

SENIOR VICE PRESIDENT JENNIFER HAYGOOD GAVE A HIGHLIGHTED INFORMATION.

THE COMMITTEE DISCUSSED PLANS TO MATURE THE PROCESS AND USE THE INFORMATION TO INFORM FUTURE BOG DECISIONS.

I WANT TO THANK SEVERAL PEOPLE FOR ALL OF THEIR HARD WORK OR SEVERAL GROUPS.

CERTAINLY, JENNIFER AND HER TEAM HAVE WORKED TIRELESSLY TO LEAD THIS EFFORT.

THE CAMPUSES HAVE PUT IN TREMENDOUS AMOUNT OF TIME PULLING INFORMATION TOGETHER, AND THERE HAVE BEEN OTHERS INVOLVED IN THE PROCESS FROM THIS BOARD, TRUSTEES ALL THE WAY THROUGH.

WHAT I HOPE WE FIND IS THAT THIS IS A GOOD FIRST STEP TO GENERATING BUDGETARY INFORMATION TO LEAD US IN THE FUTURE.

I FEEL LIKE A BROKEN RECORD WHEN I SAY THIS IS NOT THE END BUT THE BEGINNING WHICH SEEMS LIKE THE COMMENT AROUND MOST OF OUR PROJECTS THESE DAYS.

I THINK IT TO BE TRUE IN THIS CASE.

I ENCOURAGE ALL BOARD MEMBERS TO SPEND TIME READING THE LIGHT AND AIRY 300 PAGES WE SENT TO YOU.

IF YOU HAVE QUESTIONS FOR THEM TO JENNIFER TO MYSELF, THIS IS SOMEWHAT OF A LEARNING PROCESS FOR US ALL AS WE SYNTHESIZE THE INFORMATION AND MAKE IT MEANINGFUL F.T WE'LL HAVE CONVERSATIONS ABOUT UTILIZING THE INFORMATION.

WE HAVE ACCOMPLISHED SOMETHING TALKED ABOUT FOR A VERY LONG TIME AND NEVER BROUGHT INTO FRUITION.

I'M THANKFUL TO ALL OF THOSE WHO PARTICIPATED IN THE PROCESS, AND NOW WE FIND OURSELF IN THE FIRST WORLD PROBLEM OF NOW WE HAVE IT, WHAT DO WE DO WITH IT?

WE'LL BE TALKING ABOUT THAT OVER THE COMING WEEKS AND MONTHS.

THE COMMITTEE REVIEWED AND APPROVED THE DEBT STUDY CURRENT DEBT LOAD AND CAPACITY TO BORROW.

ALL 16 INSTITUTIONS MAINTAINED OR INCREASE DEBT CAPACITY OVER A FIVE YEAR PERIOD.

TEN INSTITUTIONS INCREASED DEBT CAPACITY COMPARED TO LAST YEAR AND ALL 16 INSTITUTIONS HAVE MAINTAINED OR IMPROVED ONE OF THEIR FINANCIAL RATIOS SINCE THE 2020 STUDY.

THE FULL REPORT IS IN THE LIBRARY ONBOARD EFFECT AND WILL BE SUBMITTED TO THE GENERAL ASSEMBLY.

WHAT A TREMENDOUS FEAT DURING THE MIDST OF A PANDEMIC.

CONGRATULATIONS TO ALL OF OUR CAMPUSES FOR THEIR GOOD WORK.

THE COMMITTEE APPROVED THE UNC SYSTEM REQUEST TO EXPAND CONSISTING OF EIGHT ACRES LOCATED AT 910 RALEIGH ROAD CHAPEL HILL.

THE COMMITTEE APPROVED THE SYSTEM OFFICE REQUEST TO GROUND LEASE THE PROPERTY TO THE UNIVERSITY OF NORTH CAROLINA FOUNDATION.

NEXT, THE COMMITTEE APPROVED THREE ADDITIONAL SELF LIQUIDATING PRODUCTS FOR A & T STATE UNIVERSITY UNC WILMINGTON.

THE COMMITTEE APPROVED A NUMBER OF REQUESTS RELATED TO CAPITAL PROJECTS INCLUDING THE AUTHORIZATION OF $90 MILLION IN FUTURE FUNDS FOR CAPITAL IMPROVEMENT PROJECTS AND NORTH CAROLINA A & T, STATE AND UNC CHARLOTTE TO EXPANDING KEY ENGINEERING PROGRAMS.

INITIAL ALLOCATION $69.5 MILLION OF STATE CAPITAL AND INFRASTRUCTURE FUNDS FOR SPECIFIED PROJECTS WAS APPROVED.

AUTHORIZATION OF 18 CAPITAL IMPROVEMENT PRO PROJECTS AT EIGT INSTITUTIONS, $19 MILLION AND INCREASED 8-P $8.5 MILLION WAS O APPROVED.

THE RESOLUTION TO REMARKET ITS SERIES 2012B, 2019A AND 2019B GENERAL REVENUE BONDS PRIOR TO THE MANDATED DATE.

THE COMMITTEE MET IN CLOSED SESSION FOR REQUEST FOR ACQUISITION OF REAL PROPERTY BY LEASE FOR OFFICE SPACE LOCATED IN RALEIGH.

FOLLOWING THAT DISCUSSION, THE COMMITTEE RECONVENED AUTHORIZING THE SYSTEM OFFICE TO EXECUTE A LEASE IN RALEIGH NORTH CAROLINA.

THE SPACE IS REQUIRED FOR 2021 APPROPRIATIONS ACT.

AT THIS TIME, ON BEHALF OF THE BUDGET OF FINANCE, I MOVE THAT THE BOARD OF GOVERNORS APPROVE THE LEASE.

>> YOU HAVE HEARD THE MOTION.

GOVERNOR POPE?

>> MEMBERS OF THE BOARD AND CHANCELLORS AND THE PUBLIC, THIS MOTION IS AN EFFORT TO COMPLY PASSING THE BUDGET.

THE UNC SYSTEM OFFICE STAFF HAS MADE A GOOD FAITH EFFORT TO COME COMPLY.

THIS IS THE FIRST TIME AS THE BOARD OF GOVERNORS WE HAVE VOTED ON THIS.

THIS DID NOT GO THROUGH A LEGISLATIVE COMMITTEE, THERE WAS NO FILE BILLED.

IT APPEARED IN THE FINAL CONFIDENCE REPORT.

NOT THE FIRST OR LAST TIME IT HAPPENS, BUT WHEN LAW WAS MADE, SPECIAL REVISION MADE THIS WAY, OFTEN TIME IT'S NOT THE BEST LEGISLATION OR PRACTICE.

AS A BOARD OF GOVERNORS, MOST OF US HAVE NEVER HEARD UNTIL WE READ ABOUT IT IN THE NEWSPAPER.

WE WERE NEVER TOLD AHEAD OF TIME OR IN A POSITION TO ADVISE THE UNC GENERAL ASSEMBLY.

SOME ASKED THAT WE TAKE THIS UP AS A BOARD SINCE NOVEMBER, HAD THE OPPORTUNITY THROUGH LEGISLATIVE AGENDA TO SPEAK AS A BOARD.

WE WERE NOT GIVEN THE OPPORTUNITY.

WHILE GOOD FAITH EFFORT WAS MADE, IT WAS PARTIALLY SUCCESSFUL BUT PARTIALLY UNSUCCESSFUL.

I'M CONSTRAINED BY CONFIDENTIALITY AS TO WHAT DETAILS I CAN GO.

IF I STRAY, MR. CHAIRMAN, OR LEGAL COUNCIL, SAY ART, SLOW DOWN OR DON'T GO THERE.

WE ARE BEING ASKED TO AUTHORIZE A SYSTEM OFFICE TO ENTER INTO A LEASE AGREEMENT THAT DOESN'T MATCH UP TO WHAT IS AVAILABLE.

THERE IS SPACE AVAILABLE BUT NOT ON LEASE TERMS AND RENT STRUCTURE THAT MATCHES THE SPECIAL PROVISION.

I CAN SAY THAT THE APPROPRIATION THAT GOES TO THE SPECIAL PROVISION, $15 MILLION OVER FOUR YEARS, THAT'S PUBLIC INFORMATION, BUT DEPENDING ON WHAT IS FINALLY -- WHAT WE ARE AUTHORIZED -- IF THIS MOTION IS APPROVED AND GOES FORWARD, ON THE FOUR YEAR BASIS, THERE MAY BE A SUBSTANTIAL DIFFERENTIAL BETWEEN WHAT IS APPROPRIATED AND WHAT IS NEEDED, AND THERE IS A CASH FLOW ISSUE THERE.

I APPRECIATE AND UNDERSTAND THAT THIS IS BEING ADDRESSED.

I DON'T KNOW HOW MUCH I CAN SAY IN OPEN SESSION.

I APPRECIATE THAT, BUT ADDRESSING THIS ISSUE MAKES TRYING TO FIT A ROUND PEG INTO A SQUARE HOLE THROUGH A CONVOLUTED LEGAL STRUCTURE AND TRANSACTIONAL STRUCTURE WHICH LACKS ACCOUNTABILITY AND TRANSPARENCY.

WHEN I SAY LACKS ACCOUNTABILITY AND TRANSPARENCY, I DON'T MEAN TO THE PUBLIC, BUT THE BOARD OF GOVERNORS.

IN CLOSED SESSION, WE HAD TO ASK FOR INFORMATION BECAUSE WE WERE NOT DIRECTLY ENTITLED TO IT.

FOR THAT REASON ALONE, I'M GOING TO VOTE AGAINST THE MOTION.

LET'S GO BACK TO THE $15 MILLION.

THAT'S CAPITAL EXPENDITURE, ONE TIME NOT RECURRING MONEY WHILE IT WILL BE A RECURRING EXPENDITURE FOR FOUR YEARS, THE EXPECTATION A DOWNTOWN RALEIGH STATE GOVERNMENT COMPLEX.

WE DON'T KNOW THE AVAILABILITY OR WHAT WILL HAPPEN.

WE ARE USING ONE TIME MONEY FOR A DEFINITELY RECURRING EXPENDITURE.

THE FACT OF THE MATTER IS, WE HAVE SPACE HERE.

IT'S NOT COSTING US $15 MILLION TO REMAIN HERE.

THAT'S $15 MILLION THAT WON'T MEET THE NEED OF PEOPLE IN NORTH CAROLINA IN PARTICULAR.

AT THE LAST BOARD MEETING, WE HEARD DISCUSSION ABOUT THE POSSIBILITY OF TUITION INCREASE.

THEY WERE HAVING INFLATION.

THERE ARE INFLATIONARY OPERATING COSTS FOR THE OPERATING OF THE CAMPUSES, INFLATION IN CAPITAL COSTS BUT OUR STUDENTS AND FAMILIES ARE EXPERIENCING INFLATIONARY COSTS.

I DON'T WANT TO HEAR ABOUT TUITION INCREASE WHEN WE ARE SPENDING $15 MILLION UNNECESSARILY.

WE ARE IN THE POINT TO COMPLY WITH THE LAW, LEGISLATURE IS IN SESSION AND WE ACT AS A UNITED VOICE.

I PERSONALLY AND OTHERS HAVE SPOKEN TO LEGISLATORS TO ASK FOR CHANGE NOT FORTHCOMING AT THIS POINT IN TIME.

I WISH WE HAD THE OPPORTUNITY AT THE FRONT END TO ASK AS A BOARD, BUT WE HAVE A VOTE NOW AND I'M GOING TO VOTE NO FOR THE REASON I STATED.

THANK YOU FOR YOUR CONSIDERATION.

>> THANK YOU, GOVERNOR POPE.

GOVERNOR DAUGHTRY?

>> I'M GOING TO VOTE NO ALSO.

I'LL TELL YOU WHY.

BACK WHEN I WAS FIRST ELECTED TO THE SENATE, THERE WAS ONLY 11 REPUBLICANS, SO WE WERE BASICALLY IRRELEVANT.

WE HUNG AROUND AND WATCHED LAWS BEING PASSED, BUT I HAD THE OPPORTUNITY TO GET TO KNOW BILL FRIDAY AT THAT TIME.

HE WAS SO PLEASED WITH THE BOARD OF GOVERNORS AND THE WAY IT WAS SET UP BECAUSE HE TOLD US IN COMMITTEE MEETINGS THAT THERE WERE SO MANY STATES THAT USED THE UNIVERSITY SYSTEM AS A DUMPING GROUND FOR MAYBE POLITICIANS WHO HAD NEEDED A JOB.

WE ONLY GET $13,000 A YEAR, AND LOTS OF STATES WERE USING THE UNIVERSITY AS A PLACE TO PUT PEOPLE.

HE SAID, THE BOARD OF GOVERNORS IS OUR BUFFER, OUR WALL TO PREVENT AS MUCH AS POSSIBLE POLITICS SEEPING INTO THE UNIVERSITY SYSTEM.

WE DID BASICALLY A GOOD JOB OF KEEPING THAT WALL UP.

RECENTLY, IT SEEMS TO ME THAT POLITICS IS BEGINNING TO SEEP UNDERNEATH OUR BUFFER.

WE HAVE HIRED PEOPLE FROM STATE GOVERNMENT THAT WERE MAKING A LITTLE OVER $100,000, NOW MAKING $300,000.

WE HAVE A POLITICAL OPERATIVE, AS I UNDERSTAND IT, ON A MONTHLY RETAINER.

THIS PARTICULAR ISSUE IS, IN MY OPINION, THE MOST POLITICAL THING THAT HAS HAPPENED.

AS ART SAID, WHEN YOU HAVE A SPECIAL PROVISION, IT IS SOMETHING SO CONTROVERSIAL THAT THE PEOPLE PUTTING THE SPECIAL REVISION IN THE BUDGET DOESN'T WANT IT TO GO TO COMMITTEE.

YOU DON'T FIND OUT ABOUT IT FOR SEVERAL DAYS BECAUSE OF THE SIZE OF THE BUDGET.

IT IS MY OPINION THAT THE MOVE FROM HERE TO RALEIGH WAS DONE PURELY ON THE BASIS OF POLITICS.

THAT'S WHY I THINK WE MOVED.

I DIDN'T KNOW ABOUT IT.

I DON'T KNOW MANY OF YOU KNEW ABOUT IT.

SOME OF YOU PROBABLY DID.

I DIDN'T KNOW UNTIL I SAW IT ON WRAL THAT THE UNIVERSITY WOULD MOVE.

I TRIED TO GET A MEETING OF THE BOARD SET UP TO DISCUSS IT AND IF WE THOUGHT IT WAS A GOOD IDEA TO VOTE YES OR BAD IDEA TO VOTE NO SO THE BOARD WOULD HAVE A FEELING OF THE GOVERNORS.

I DIDN'T LIKE THE WAY IT WAS HANDLED.

I DIDN'T LIKE THE FIGHT WE DIDN'T MEET, WE HAVE NOT VOTED ON THIS ISSUE.

THIS IS THE FIRST TIME IT'S BEEN TAKEN UP.

FOR THOSE REASONS, I'LL BE VOTING NO.

>> ANYONE ELSE?

GOVERNOR FRALEY.

>> THANK YOU, MR. CHAIRMAN.

I HAVE TROUBLE WITH THIS ALSO BUT FROM A DIFFERENT PERSPECTIVE THAT I THINK MY CONCERNS ARE THAT THE REASONS TO DO THIS SEEM TO BE LACKING.

THE PERMANENT MOVE THAT'S GOING TO FOLLOW THE TEMPORARY MOVE HAS LITTLE OR NO SPECIFIC DETAIL TO IT AT THIS POINT.

THIS MOVE IS GOING TO COST US A LOT OF MONEY THAT WE DON'T HAVE TO SPEND AND COULD BE $100 MILLION OR MORE ULTIMATELY.

I THINK THAT WE DO HAVE A RESPONSIBILITY TO VOICE OUR CONCERNS AND SUPPORT FORMATTERS THAT ARE BEFORE THE BOARD, WHICH I'M DOING, AND BECAUSE OF THAT, I'M NOT GOING TO BE ABLE TO CURRENTLY SUPPORT THIS MATTER TODAY.

>> VERY WELL, GOVERNOR FRALEY.

ANYONE ELSE LIKE TO SPEAK?

GOVERNOR HOLMES?

>> A COUPLE OF CLARIFYING COMMENTS.

I WON'T SPEAK TO AGREE OR DISAGREE, BECAUSE IN MY MINDSET, IT'S NOT RELEVANT.

WE HAVE A LAW AND A TIMELINE AND THE MOTION BEFORE YOU IS SET TO COMPLY WITH OUR OBLIGATIONS SET FORTH IN THE PROVISION.

WHAT I WILL OFFER IS A BRIEF EXPLANATION OF WHY A LOT OF THIS INFORMATION IS NOT OUT YET AND WHY WE ARE TALKING IN CLOSED SESSION AND TO THE BOARD, I WILL ASK FOR TIME TO REVIEW MATERIALS THAT HAVE BEEN PRESENTED IN CLOSED SESSION SO THERE IS A FULL UNDERSTANDING.

THERE WAS NO INTENT TO HOLD INFORMATION FROM ANYONE EVER.

WE DON'T DO THAT.

I HOPE MR. POPE WOULD AGREE WE TRIED TO SUPPORT ALL OF HIS QUESTIONS AS THEY WERE BROUGHT UP.

THERE WERE TECHNICAL MATTERS WE HAD TO ADDRESS.

ONCE THE TRANSACTION IS CONCLUDED, IT IS MY BELIEF THAT THE DOCUMENTS WILL BECOME PUBLIC IN NORMAL ORDER.

THIS IS NOT AN ATTEMPT TO WITHHOLD INFORMATION.

THERE ARE TRANSACTIONS ONGOING THAT WOULD BE HARMED IF A LOT OF THIS ENTERED PUBLIC EYE.

I WILL ASK TIME IN CLOSED SESSION SO THERE IS A MORE FULL UNDERSTANDING OF THE FINANCIAL STRUCTURE OF THIS MECHANISM.

WITH ALL OF THAT SAID, WHAT WE ARE TALKING ABOUT HERE TODAY IS VERY SIMPLY EXECUTING ON A LEASE FROM THE UNIVERSITY SYSTEM OFFICE TO THE FOUNDATION FOR FOUR YEARS, AND WE ARE DOING SO ON AN EXPEDITED BASIS SO WE MIGHT COMPLY WITH THE TIMELINES SET FORWARD IN THIS LEGISLATION.

MY COMMENTS ARE NOT GOING TO DIRECT ANY COMPONENT OF PERSONAL FEELING.

I RESPECT EVERYONE'S PERSONAL FEELING ABOUT THE MOVE.

IT'S THEIR RIGHT TO VOICE THEM, BUT THIS IS A TRANSACTIONAL MATTER BEFORE THE GOORD TODAY.

>> THANK YOU.

I WOULD LIKE TO CALL ON GOVERNOR BISSETTE TO SPEAK ON ZOOM.

>> I'LL MAKE A COUPLE OF QUICK COMMENTS.

A BIT OF HISTORY ON THIS.

THIS IDEA SURFACED BACK, I THINK, AROUND 2015 AND 2016.

THE BOARD OF GOVERNORS POINTED A COMMITTEE TO STUDY A MOVE.

THE COMMITTEE CAME BACK AND RECOMMENDED AGAINST THE MOVE.

SO THE BOARD DID NOT PROCEED.

I JUST WANT TO -- I AGREE WITH A LOT OF THINGS SAID, BUT AS I HAVE SAID FOR NUMEROUS TIMES OVER THE 11 YEARS I HAVE BEEN ON THIS BOARD, MEMBERS OF THIS BOARD OWE THEIR FIDUCIARY DUTY TO THE UNC SYSTEM AND NOT THE ENTITY THAT APPOINTS YOU.

I THINK YOU NEED TO KEEP THAT IN MIND.

IF YOU BELIEVE THAT THIS MOVE IS GOOD FOR THE SYSTEM, THEN YOU SHOULD VOTE FOR IT.

IF YOU DON'T, THEN YOU SHOULD VOTE AGAINST IT.

I APPRECIATE THE COMMENTS MADE TODAY, AND I KNOW -- I RESPECT EACH ONE OF YOU.

I KNOW YOU WILL MAKE THE DECISION THAT'S RIGHT FOR YOU.

THANK YOU, MR. CHAIRMAN.

>> THANK YOU, MR. CHAIRMAN.

ANY OFF OTHER COMMENTS ON THIS BEFORE WE CALL THE QUESTION?

SEEING NONE AND HEARING NONE -- GOVERNOR BYERS?

>> I RESPECT THE COMMENTS FROM MR. FRALEY, MY FRIEND AND MY OLD FRIEND ART POPE AND MENTOR LEO DAUGHTRY.

I'LL BE VOTING YES.

I TRIED TO ASK THE GROUP TO ALLOW US TO MOVE IT TO ASHFIELD OR BOONE, BUT I FAILED MISERABLY.

I WAS TRYING TO GET IT OUT WEST.

THERE ARE A LOT OF QUESTIONS.

I UNDERSTAND IT.

I HAVE KEPT UP WITH IT WELL.

SHORT-TERM, YOU HAVE HANDLED IT WELL.

LONG-TERM, I THINK IT'S THE RIGHT THING TO DO.

HAVING A COMPLEX IN THE FUTURE TO HOUSE THE STATE'S EDUCATIONAL NEEDS NOT JUST THE UNIVERSITY BUT OTHERS, K-12 AND COMMUNITY COLLEGES AND BEING IN A COMPLEX WE HAVE NOT ALWAYS -- WE DO NOW, MR. PRESIDENT, BUT WE HAVE NOT ALWAYS COMMUNICATED WELL.

I THINK MOVING TO ONE LOCATION IS A POSITIVE THING.

YES, IT WILL BE EXPENSIVE.

YES, WE OWE IT TO THE STATE.

WE ARE NOT ALWAYS GOING TO BE HERE.

WE OWE IT TO LEAVE THE BEST FACILITIES, AS WE OWE IT TO THE SYSTEM AS WELL.

I'LL VOTE YES FOR THE PROPOSAL.

>> THANK YOU, GOVERNOR BYERS.

ANYONE ELSE?

WE TRIED TO BE TRANSPARENT AS WE COULD IN THE TRANSACTION, PARTICULARLY DEALING WITH SOMETHING SENSITIVE AND SHOULDN'T BE IN THE PUBLIC EYE, DISCUSSED IN CLOSED SESSION.

I BELIEVE THAT WHILE WE HAVE TALKED ABOUT THIS SINCE NOVEMBER, WE FIRST STARTED LEARNING ABOUT IT CAME OUT INTO THE PUBLIC EYE, THE BUDGET WAS PASSED, I BELIEVE WE HAVE THOROUGHLY BEAT THIS UP.

I'M ANXIOUS TO CALL THE QUESTION WHICH I'LL DO NOW.

ALL IN FAVOR SAY AYE.

THOSE OPPOSED?

THTHOSE OPPOSED RAISE YOUR HAND.

ART, LEO AND GOVERNOR FRALEY.

>> GOVERNOR HOLMES?

>> THE COMMITTEE DISCUSSED 11 ITEMS, 8 APPROVED MOMENTS AGO.

IN ADDITION, 600.2.1 ENDOWMENT FUNDS IS RESUBMITTED WITH NECESSARY CONFORMING TECHNICAL CORRECTIONS.

THAT WAS ALSO INCLUDED IN YOUR CONSENT AGENDA.

THE CORRECTIONS WERE SENT OUT EARLIER IN THE WEEK.

IT WAS TECHNICAL IN NATURE, NOTHING SUBSTANTIAL.

WITH THAT, MR. CHAIRMAN, THAT CONCLUDES MY REPORT.

>> I WANT TO THANK THE ENTIRE COMMITTEE ON BUDGET AND FINANCE.

THE WORK DONE BY THAT COMMITTEE THIS YEAR IS UNBELIEVABLE.

EVERYONE ON THERE HAS DONE A YEOMAN'S JOB AND I'M GRATEFUL FOR YOUR SERVICE TO THE UNIVERSITY.

I'LL CALL ON GOVERNOR SLOANE FOR ED POLICIES AND PROGRAMS.

>> THANK YOU, MR. CHAIRMAN.

AT OUR MEETING YESTERDAY THE COMMITTEE APPROVED THE ESTABLISHMENT OF TWO ACADEMIC DEGREE PROGRAMS AND THE DISCONTINUATION OF ONE ACADEMIC DEGREE PROGRAM.

REQUEST FOR TWO APPLICATION LICENSES WAS APPROVED.

BOTH ITEMS SUBMITTED THROUGH THE CONSENT AGENDA APPROVED RLIER.

THE COOPERATIVE EFFORT TO FACILITATE TRANSFER OF LOWER DIVISION UNDERGRADUATE COURSES.

SIGNIFICANT WORK IS TAKING PLACE IN THE 18 MONTHS SINCE THE BOARD APPROVED CREATION OF THE SYSTEM.

PROPERTY AND STAFF HAVE WORKED TO IDENTIFY 150 COURSE LISTINGS THAT MAP TO NEARLY 1,600 COURSE EQUIVALENCIES.

THE UNC NUMBERING SYSTEM IS LAUNCHING THIS FALL SEMESTER AND WILL HELP STUDENTS TRANSFER AND COMPLETE DEGREES IN A MORE TIMELY BASIS.

THANK YOU, MADAM CHAIR.

THIS CONCLUDES MY REPORT.

I WOULD LIKE TO RECOGNIZE TIMOTHY IVES TO PROVIDE A BRIEF UPDATE.

>> WELL, THANK YOU, GOVERNOR SLOAN.

GOOD MORNING, MY FRIENDS.

A COUPLE OF WEEKS BACK I WAS ASKED TO GIVE WORDS TO THE FACULTY COUNCIL AT THE CHAPEL HILL CAMPUS.

AN UPDATE ON OUR ADVISORY ROLE THE FACULTY ASSEMBLY HAD DONE OVER THE PAST YEAR.

I GOT A PAGE AND A HALF AND THOUGHT I BETTER STOP THERE, ESPECIALLY LATE ON A FRIDAY AFTERNOON.

I DOUBT ANYONE WOULD WANT TO HEAR ABOUT ALL OF THE THINGS WE HAD DONE BUT THIS IS A BUSY YEAR FOR US AND ALL OF THE TYPES OF ACTIVITIES WE HAVE GOTTEN INTO.

AGAIN, I WON'T LIST THEM.

I HAD SPOKEN TO SEVERAL OF THE STUDENT GROUPS AND SOME OF THE THINGS WE HAD DONE AND I'M GETTING TO LYNN SANDERS TERRITORY, I REALIZE, BUT JULY 1ST, I'LL BE STARTING MY NINTH YEAR AND GONE THROUGH FIVE PRESIDENTS SO FAR, HOPEFULLY, WE HAVE ONE STICKING AROUND NOW.

IN TALKING TO THEM, AT THE END OF CLASS I ALWAYS SAY GIVE ME THREE THINGS WE HAVE LEARNED TODAY AND SEE WHERE WE REALLY ARE.

I THOUGHT I WOULD GIVE YOU MY THREE THINGS ABOUT THE THINGS I HAVE LEARNED.

THEY ASKED ME, WHAT HAVE YOU LEARNED ALL OF YOUR YEARS WORKING WITH THE FACULTY ASSEMBLY?

SOME ARE SOFT MARK AND SOME YOU HAVE HEARD ME SUGGEST MORE THAN ONCE.

FIRST OF ALL, AS ALWAYS, STUDENT SUCCESS IS OUR NORTH STAR FOR ALL OF US, EVERYBODY IN THIS ROOM, NO MATTER WHAT YOUR ROLE IS.

I HAVE SEEN OVER TIME WHERE ONE GROUP MAY NOT FIT OR MAY NOT BE WORKING OR MAY NOT BE ACHIEVING WHAT THEIR GOALS ARE IMPACTING ALL OF US.

THIS REALLY IS ONE OF THOSE WHERE WE ARE WORKING TOGETHER, BUT ONLY IF -- AT LEAST IN MY OPINION, IT'S DEEPLY EXAMINED AND EVIDENCE-BASED.

MY COLLEAGUES ON THE EXECUTIVE COMMITTEE FACULTY ASSEMBLY WANT TO KNOW, WHAT IS THE EVIDENCE?

WHERE IS THE EVIDENCE ON THIS?

THEY ARE PROBABLY SICK AND TIRED OF HEARING ME SAY THAT.

LET'S GET TO THE INFORMATION.

IS IT MULTIFACETED, AND IS IT BALANCED?

YESTERDAY, THE COMMITTEE GOVERNANCE SYSTEM IS PART OF THAT SYSTEM WHERE WE HAD A DEEP DISCUSSION AND LEARNED AND CIVIL DISCOURSE.

MY SECOND POINT IS THAT WE ARE ALL IN THIS TOGETHER.

YOU HAVE HEARD ME SAY THAT BEFORE.

IN ALL THAT WE DO.

ONE OF THE THINGS, AND IT DOESN'T MATTER WHAT YOUR DEGREE IS OR YOUR TITLE OR HOW MUCH YOU MAKE OR WHAT YOUR STATION IS IN LIFE, WE FIND THAT THIS REALLY IS A TEAM EFFORT, AND I HEAR A PHRASE MORE AND MORE, WHICH I'M THANKFUL FOR, OF SHARED GOVERN GOVERNANCE, THAT WE ARE ALL IN THIS TOGETHER.

I HOPE THIS TYPE OF DISCUSSION CONTINUES WHERE PEOPLE ARE DEFINING IT FURTHER AND HOW TO MAKE IT ACTIVATED.

I THINK YOU WILL SEE FAR MORE OF THIS.

AS ONE EXAMPLE, ONE THAT I CALL BEING AT THE TABLE IS ONE THAT'S IMPORTANT FOR ME.

ONE MEASURE OF IT IS THE ONGOING EXPECTATION OF WORKING IN A SPIRIT OF COLLABORATION.

AS ONE SPECIFIC TO THE BOARD OF GOVERNORS, AND I KNOW I'M GOING TO MISS A FEW OF YOU, BY WE HAVE HAD AN ONGOING CONVERSATION WITH BOARD OF GOVERNOR MEMBERS AND THE FACULTY ASSEMBLY.

WHAT I THOUGHT I WOULD DO IS SIMPLY ANNOUNCE SOME OF THE PEOPLE, AND IF I HAVE FORGOTTEN YOU, PLEASE RAISE YOUR HAND.

MY THANKS GO OUT TO GOVERNORS HOLLY, POWERS TIMES TWO, DAVID HAS PRESENTED TWICE TO US, AND ROBERTS WHO HAVE BEEN PRESENTING RECENTLY IN THE LAST YEAR OR SO.

THEY CAME TO INFORM AND ALSO TO LISTEN.

THAT'S THE SPIRIT OF COLLABORATION THAT WE HAVE BEEN LOOKING FOR.

THIS IS UNHEARD OF WHEN I FIRST STARTED.

IT WAS ALMOST A WORLD OF ACRIMONY.

NOW IT'S A WORLD OF COLLABORATION.

SO, I ALSO WANT TO GIVE ACKNOWLEDGMENT TO GOVERNORS HOLMES AND HOLTON WHO HAVE TAKEN IT ONE STEP FURTHER AND HAVE APPOINTED PEOPLE TO THEIR COMMITTEES AND THEIR EX-E EX-EFO ROLES.

WE HAD TWO VETERANS FACULTY, U.N. C CHARLOTTE AND APPALACHIAN STATE UNIVERSITY THAT SERVED AND WORKED.

THAT'S THE SPIRIT WE FIND OUGHT TO CONTINUE.

I WANT TO GIVE TWO MORE SHOUTOUTS, ONE, GOVERNOR BURRIS-FLOYD AND GOVERNOR NICHOLS.

THANK YOU.

YOU BOTH PRESENTED.

GOVERNOR PEARL, YOUR WORDS CAME OUT TALKING ABOUT THE WORK THAT DEI MEANS TO THE PEOPLE OF THE BOARD OF GOVERNORS AND UNC SYSTEM, RACIAL EQUITY TASK FORCE AND HOW WE HAVE CARRIED FORT WITH IT.

YOU DON'T KNOW THE NUMBER OF E-MAILS I GOT AFTERWARDS ABOUT WHAT YOU SAID AND THE IMPACT YOU HAD ON PEOPLE.

SOMETIMES ZOOM LOSES THE ABILITY TO COVER IT.

YOUR POSITIVE COMMENTS WERE WELL RECEIVED.

YOU REALIZE YOU WILL HAVE TO COME BACK FORREN ENCORE PRESENTATION.

GET READY.

GOVERNOR NICHOLS, YOU ARE NOT GOING TO BE UNSCATHED AS WELL.

SHE ALSO TALKED ABOUT THE DEI EFFORTS ACROSS THE UNC SYSTEM AND WHAT THE SYSTEM OFFICE IS DOING, AND WE MAY HAVE TO GIVE YOU AN HONORARY FACULTY APPOINTMENT, BUT GOVERNOR NICHOLS HAS BEEN TO MANY OF THE FACULTY -- NOT JUST ONE OR TWO, BUT MANY OF OUR MEETINGS OVER THE ENTIRE PAST YEAR.

KEEP IT UP.

I WANT TO SEE YOU AND OTHERS.

YOU HAVE AN OPEN INVITATION.

THIS DIDN'T EXIST WHEN I FIRST STARTED.

KEEP IT UP.

THIS HAS BEEN GREAT.

I ALSO WANT TO ACKNOWLEDGE THE FACT THAT WE HAVE GOTTEN BACK TOGETHER.

WE ACTUALLY MET AT THE RIZO CENTER.

CHANCELLOR, I WANT TO THANK YOU FOR YOUR SUPPORT GETTING US BACK TOGETHER.

WE MET IN ROOM 128 AS WELL IN THE LAST MONTH.

THIS IS WHAT WE ARE HERE TO DO, DO THE WORK I'LL COVER IF I MAY FOLLOW GOVERNOR SLOAN WITH YOUR INVOCATION, ONE OF MY FAMOUS -- NOT FAMOUS, FAVORITE PHRASES FROM ISAIAH IN THE BIBLE, COME, LET US REASON TOGETHER.

THE CONTEXT IS DIFFERENT BUT THE PRINCIPLE IS THE SAME.

MY LAST, AND YES, MY LAST POINT, FOCUSES ON PROCESSES AND OUTCOMES.

WE WERE ALWAYS NEED TO KNOW ABOUT THE POLICIES THAT HELP PEOPLE GRADUATE AND OUR NUMBERS AND HOW THEY COVER.

THE ONE THING I WANT TO MAKE SURE WE DON'T LOSE AND I ALWAYS TALK TO FOLKS ABOUT IS THE JOY OF CDC.

I DON'T MEAN THE CENTER FOR DISEASE CONTROL AND PREVENTION, BUT THE JOY OF CURIOSITY, DISCOVERY AND CREATIVITY AND HOW THIS APPLIES IN EVERYTHING FROM THE ARTS, SCIENCES, INTO HEALTHCARE, GOVERNMENT, AND REALLY, TALKING ABOUT WHAT PEOPLE COME FOR.

GOVERNOR CLARK AND I WERE TALKING ABOUT CHALLENGE AND HOW THAT REALLY CHALLENGED YESTERDAY MORNING.

IT REALLY DOES FIT THAT WE CHALLENGE OUR LEARNERS, BUT THE JOY THAT THEY GET FROM THAT.

YOU HAVE NO IDEA WHAT IT'S LIKE WHEN SOMEONE COMES TO THE OFFICE AND SAYS, THIS IS WHAT I WANT TO DO.

THIS IS WHERE I WANT TO GO.

WHETHER IT'S INTO A POSITION, A RESIDENCY PROGRAM, GRADUATE SCHOOL, PROFESSIONAL SCHOOL.

WE ARE IN THE BUSINESS OF KEEPING THE DOOR OPEN.

I FIND THAT EVERYDAY.

CREATING A GREATER AND MORE EQUITABLE FUTURE.

THERE IS A LOT THAT NEEDS TO BE DONE.

LET'S CONTINUE TO THINK ABOUT THE JOY IN ACHIEVING IT.

NOW, THANK YOUS ARE IN ORDER.

DR. VAN NORTH, YOU WILL NOT GO UNSCATHED AS WELL.

THANK YOU TO YOU AND THE ENTIRE ACADEMIC AFFAIRS SESSION.

HE GAVE ME WISE WISE COUNSEL WI WAS STARTING OUT.

SHE SAID TALK TO PEOPLE AROUND THE COUNTRY IN SIMILAR POSITIONS SUCH AS YOURSELF.

I TOOK YOU UP ON IT, KIM.

WHAT I LEARN ED WAS I WAS TEACHING THEM MORE THAN THEY WERE TEACHING ME.

FEEL GOOD ABOUT WHAT A GREAT TEAM YOU HAVE.

IT'S BEEN A PLEASURE WORKING WITH ALL OF THEM.

NORMA HOUSTON, YOU ARE NOT GETTING AWAY AS WELL.

SHE WAS A TEACHER AT UNC CHAPEL HILL AND CONTINUES WHETHER TEACHING OUR PARLIAMENTARIAN ABOUT TEACHING, TALKING ABOUT LEGISLATIVE PROCESSES ACROSS NORTH CAROLINA, THAT WAS 101 FOR US.

EVEN TALKING TO A NEW CHAIR LATE ON A FRIDAY AFTERNOON ABOUT THINGS, AND I HAVE FOUND THAT YOU HAVE BEEN A WEALTH OF KNOWLEDGE NOT JUST FOR THE FACULTY ASSEMBLY, BUT EVERYONE HERE.

THANK YOU.

YOU HAVE TEACHING IN YOUR DNA.

I HOPE YOU CONTINUE TO DO SO ALONG THE WAY.

AS YOU CAN FIGURE OUT, THIS IS MY LAST PRESENTATION BEFORE THE BOARD OF GOVERNORS, AND I DO WANT TO ACKNOWLEDGE MY SUCCESSOR, DR. RUSSELL ROBINSON, PROFESSOR AT NORTH CAROLINA UNIVERSITY TAKING OVER ON JULY 1ST.

RUSSELL, SUBSTANTIAL DOUBT UP.

STAND UP.

IF PEOPLE HAVEN'T RECOGNIZED YOU, GET THE CHANCE TO MEET HIM.

[APPLAUSE] >> YOU WON'T GET RID OF ME, THOUGH.

LIKE GOVERNOR BISSETTE, WE NOW HAVE AN IMMEDIATE PAST CHAIR EMERITUS IN THE FACULTY ASSEMBLY.

YOU MAY SEE MY FACE AROUND HERE EVERY ONCE IN A WHILE.

I WANT TO THANK YOU, CHAIR RAMSEY, FOR YOUR WISE COUNSEL IN HELPING TO THINK THOSE QUESTIONS THROUGH AND OTHERS, SOME I KNEW WERE NOT THE BRIGHTEST QUESTIONS TO THINK ABOUT, BUT I WOULD RUN THEM BY PEOPLE TO BE SURE I GOT A CLEAR PICTURE.

I ALWAYS GOT IT FROM YOU, RANDY, AND I APPRECIATE THAT.

ANYONE THAT KNOWS ABOUT ALABAMA JACKS IS OKAY IN MY BOOK.

I'LL EXPLAIN THAT TO YOU LATER.

INSIDE JOKE, PERHAPS.

THANK YOU TO ALL OF YOU.

DEFINITELY TO ALL ACROSS THE SYSTEM FOR YOUR DEDICATION FOR A BETTER TOMORROW.

IT'S BEEN AN SOLUTE HONOR.

THIS CONCLUDES MY REPORT.

[APPLAUSE] >> THANK YOU FOR YOUR LEADERSHIP AND THE ROLE YOU ARE DEPARTING.

WE APPRECIATE THE COLLABORATION WITH YOU AND WITH THE FACULTY AND LOOK FORWARD TO CONTINUING THAT WITH YOUR SUCCESSOR.

I WOULD LIKE TO CALL ON GOVERNOR POWERS FOR A REPORT ON COMMITTEE OF UNIVERSITY GOVERNANCE.

>> THANK YOU, CHAIR RAMSEY.

MR. CHAIRMAN, SORRY TO DO THIS.

YOU HAVE TO GIVE ME A MOMENT OF PERSONAL PRIVILEGE.

AFTER OUR EARLIER DISCUSSION, I GOT GOOD NEWS THIS MORNING AND I WANTED TO SHARE IT WITH YOU ALL.

I WANT TO PUT IT IN CONTEXT, SIX OR EIGHT YEARS AGO, I DON'T REMEMBER THE YEAR, WHEN THE LEGISLATURE PROPOSED NC PROMISE, MANY MEMBERS HERE AND SYSTEM STAFF AND ALL WERE VERY MUCH AGAINST THAT.

WE FOUGHT WITH THEM ABOUT IT, TRIED TO GET THEM TO MAKE CHANGES.

THEY DIDN'T.

THEY STOOD FAST, PASSED NC PROMISE.

IN 2022, THIS YEAR, IT WAS THEE FIRST COMMENCEMENT OF A FULL NC PROMISE CLASS.

THEY SHARED INFORMATION WITH ME EARLIER THAT REALLY HIGHLIGHTS HOW TRANSFORMED IT CAN BE IN A LOT OF WAYS.

IN 2019, AT WESTERN CAROLINA, AND REALIZE THIS IS A SCHOOL WITH ROUGHLY 37% OF THEIR GRADUATES FIRST GENERATION COLLEGE STUDENTS.

IN 2019, THE FIRST TIME STUDENT DEBT AT GRADUATION WAS $18,351 AFTER ONE YEAR OF PROMISE.

IN 2020, AFTER TWO YEARS OF PROMISE, THAT FIRST YEAR DEBT AT GRADUATION DROPPED TO 17,211.

IN 2021, THE THIRD YEAR OF PROMISE, IT DROPPED TO $15,000.467.

I'M REALLY GOING TO BE EXCITED AND ANXIOUS TO SEE THE NUMBERS FOR 2022 AS THEY'LL SHOW A CONTINUED DROP CONTINUING ON.

I WANTED TO SHARE THAT NEWS BECAUSE IT'S GOOD NEWS NOT ON WHAT NC PROMISE IN THEORY HAS MEANT BUT IN PRACTICE HAS MEANT AND HOW THE LEADERSHIP HAS DONE SUCH A GOOD JOB IMPLEMENTING THAT PROGRAM AND ALSO, WE DON'T ALWAYS AGREE WITH THINGS THE LEGISLATURE DOES.

SOMETIMES WE MAY KNOW BETTER.

SOMETIMES THEY KNOW BETTER.

GIVE IT A CHANCE.

HERE'S SOMETHING WE THOUGHT WAS NOT A GOOD THING AND WE FOUGHT AGAINST TO A LARGE DEGREE, AND IT HAS BECOME A TRANSFORMATIVE PROGRAM IN THE SYSTEM.

I HAD TO SHARE THAT.

FORGIVE ME FOR TAKING A LITTLE EXTRA TIME.

I THOUGHT IT WAS IMPORTANT FOR US TO KNOW.

COMMITTEE ON UNIVERSITY GOVERNOR MET MAY 16TH AND MAY 25TH.

WE HAVE SIX ITEMS FOR ACTION TODAY.

FIRST, APPALACHIAN STATE UNIVERSITY BOARD OF TRUSTEES HAS ONE PARTIAL TERM VACANCY, MARCH 22ND, 2022 AND ENDING JUNE 30, 2023.

MISS ANITA GREEN IS RECOMMENDED TO FILL THE VACANCY.

MR. CHAIRMAN, ON BEHALF OF THE COMMITTEE, I MOVE THE BOARD ACCEPTS THE NOMINATION OF MISS ANITA GREEN FOR A PARTIAL TERM ON THE APPALACHIAN STATE BOARD OF TRUSTEES.

>> YOU HAVE HEARD THE MOTION.

DISCUSSION OR DEBATE?

EVERYONE IN FAVOR SAY AYE.

MOTION CARRIES.

>> PBS NORTH CAROLINA BOARD OF TRUSTEES HAS SEVEN MEMBERS APPOINTED BY THE BOARD OF GOVERNORS WHOSE TERMS END 2022.

MISS EVANS IS RECOMMENDED FOR REAPPOINTMENT.

BIOGRAPHICAL INFORMATION IS INCLUDED IN YOUR MATERIALS.

ADDITIONAL TIME IS NEEDED FOR THE REMAINING SIX RECOMMENDATIONS.

MADAM CHAIR, ON BEHALF OF THE COMMITTEE ON UNIVERSITY GOVERNANCE, I MOVE THE BOARD ACCEPT THE REAPPOINTMENT FOR A FOUR YEAR TERM ENDING JUNE 30TH, 2026.

>> MEMBERS OF THE BOARD, YOU HAVE HEARD THE MOTION, ANY DISCUSSION OR DEBATE?

ALL IN FAVOR SAY AYE.

OPPOSED?

MOTION CARRIES.

THANK YOU.

>> UNC PRESS HAS THREE VACANCIES ON THE BOARD OF GOVERNORS WITH FIVE YEAR TERMS, BEGINNING JULY 1, 202 AND ENDING JUNE 30TH, 2027.

FOLLOWING THE RECOMMENDATIONS OF UNC PRESS AND UNC-CHAPEL HILL CHANCELLOR GUST WITS, MATTHEW, ANITA AND BLAIR KELLY.

BIOGRAPHICAL INFORMATION FOR EACH IS INCLUDED IN YOUR MATERIALS.

ON BEHALF OF THE COMMITTEE OF GOVERNANCE, I'M HAPPY THAT THE BOARD ACCEPTS THE APPOINTMENT, FOR FIVE YEAR TERMS BEGINNING JULY 1, 2022, ENDING JUNE 30TH, 2027.

>> YOU HAVE HEARD THE MOTION.

DISCUSSION OR DEBATE?

ALL IN FAVOR SAY AYE.

OPPOSED?

MOTION CARRIES.

>> THE NORTH CAROLINA STATE EDUCATION ASSISTANCE AUTHORITY BOARD OF DIRECTORS HAS ONE VACANCY FOR A FOUR YEAR TERM.

NORTH CAROLINA STATE EDUCATION ASSISTANCE AUTHORITY HAS A NINE MEMBER BOARD OF DIRECTORS, FOUR YEAR, WITH EXCEPTIONS OF THE CHIEF FINANCIAL OFFICER OF THE UNC SYSTEM AND NORTH CAROLINA COMMUNITY COLLEGE SYSTEM WORKING AS AN EX-E "F" ICIO MEMBER.

APPOINTMENT WAS RECENTLY MODIFIED WITH THE PURPOSE THAT THREE OF THE SEVEN MEMBERS ARE APPOINTED BY THE BOARD OF GOVERNORS.

THE THREE APPOINTMENTS BY THE BOARD INCLUDES ONE MEMBER WITH EXPERTISE IN SECONDARY OR HIGHER EDUCATION.

ONE MEMBER A CHIEF FINANCIAL OFFICER OR CHIEF ADMINISTRATIVE OFFICER PARTICIPATING IN THE OPPORTUNITY SCHOLARSHIP PROGRAM AND ONE MEN WHO HAS EXPERTISE IN THE FIELD OF FINANCE.

THERE IS ONE VACANCY TO BE APPOINTED BY THE BOARD OF GOVERNORS WHERE THE MEMBER IS A CHIEF FINANCIAL OFFICER FROM A NONPUBLIC K-12 SCHOOL PARTICIPATING IN THE OPPORTUNITY SCHOLARSHIP PROGRAM.

TIM MONTGOMERY IS RECOMMENDED TO FILL THE POSITION FOR A FOUR YEAR TERM BEGINNING JANUARY 15TH, 2022 AND ENDING JANUARY 15TH, 2026.

BIOGRAPHICAL INFORMATION IS INCLUDED IN YOUR MATERIALS.

ON BEHALF OF THE COMMITTEE OF UNIVERSE GOVERNANCE, I MOVE THE BOARD ACCEPT THE RECOMMENDATION OF TIM MONTGOMERY TO THE BOARD OF DIRECTORS FOR A FOUR YEAR TERM BEGINNING JANUARY 15TH, 2022 AND ENDING JANUARY 15TH, 2026.

MEMBERS OF THE BOARD, YOU HAVE HEARD THE MOTION.

DECISION OR DEBATE?

HEARING NONE, ALL IN FAVOR SAY AYE.

OPPOSED?

MOTION CARRIES.

>> THE NORTH CAROLINA STATE BUILDING COMMISSION WILL HAVE A SEAT AVAILABLE 2022.

PRESIDENT HANS RECOMMENDS KATHRYN LYNN SENIOR ASSOCIATE FOR PLANNING AT THE SYSTEM OFFICE FOR NOMINATION BY THE BOARD AND REAPPOINTMENT BY THE GOVERNOR TO FILL THE VACANCY BEGINNING JULY 1, 2022 TO SERVE A THREE YEAR TERM.

INFORMATION IS LOCATED IN YOUR MATERIAL.

ON BEHALF OF THE COMMITTEE OF UNIVERSITY GOVERNANCE, I MOVE THE BOARD REPOINT KATHRYN LYNN FOR A THREE YEAR TERM BEGINNING JULY 1, 2022.

>> MEMBERS OF THE BOARD, YOU HAVE HEARD THE MOTION.

DISCUSSION OR DEBATE?

ALL IN FAVOR SAY AYE.

OPPOSED?

MOTION CARRIES.

>> THE UNIVERSITY OF NORTH CAROLINA WILMINGTON BOARD OF TRUSTEES HAS ONE PARTIAL TERM VACANCY APRIL 19TH, 2022 ENDING JUNE 30TH, 2025.

FRANCIS PERRY IS RECOMMENDED TO FILL THE VACANCY.

BIOGRAPHICAL INFORMATION IS LOCATED IN YOUR MATERIALS.

ON BEHALF OF THE BOARD OF GOVERNANCE, I MOVE THAT THE BOARD APPOINT HIM FOR A PARTIAL TERM.

>> YOU HAVE HEARD THE MOTION?

DISCUSSION OR DEBATE?

ALL IN FAVOR SAY AYE.

MOTION CARRIES.

>> NOVEMBER 2020, THE PRESENTATION ON FREE SPEECH WITH A STATE OF FREE EXPRESSION ON THE UNC CHAPEL HILL CAMPUS.

THE BRINGS HIGHLIGHTED AREAS TO BETTER UNDERSTAND THE CULTURE AT UNC-CHAPEL HILL, THE NEED TO CREATE AN INFORMATIVE CONVERSATION.

FOLLOWING THE DISCUSSION, PRESIDENT HANS DEVELOPED A PLAN TO EXPAND THE STUDY TO ADDITIONAL UNIVERSITIES IN THE SYSTEM.

THE RESEARCH TEAM DEVELOPED THE EXPANDED SURVEY WITH REPRESENTATIVES FROM SEVEN PARTNER CAMPUSES AND FIELDED IT IN THE WINTER OF 2022.

YESTERDAY, THE COMMITTEE ON UNIVERSITY GOVERNANCE WAS JOINED BY THE RESEARCH TEAM WHO REVIEWED THE SURVEY RESULTS.

I WOULD LIKE TO THANK ALL OF THE PARTICIPATING INSTITUTIONS, FACULTY PARTNERS AT EACH CAMPUS AND RESEARCH TEAM FOR THEIR WORK.

THE SURVEY CONFIRMED MANY OF THE FINDINGS FROM THE EARLIER SURVEY AND IDENTIFIED AREAS TO DO MORE TO CULTIVATE FREE SUPPRESSION AND DIALOGUE IN CLASSROOMS AND CAMPUSES.

SIGNIFICANT NUMBERS OF STUDENTS SURVEYED INDICATED AN APPETITE TO ENGAGE WITH NEW IDEAS AND TO HEAR FROM CONSERVATIVE SPEAKERS.

NEXT, THE SERIES OF PRESENTATION OF FREE SPEECH ACROSS THE CONSTITUENT INSTITUTIONS.

YESTERDAY THE COMMITTEE PARTICIPATED IN THE DISCUSSION WITH FORMER UNITED STATES SOLICITOR NOLL SAN FRANCISO AND SETH WAXMAN.

I WANT TO GIVE A HEARTFELT THANKS TO MR. WAXMAN FOR TRAVELING TO NORTH CAROLINA AND MR. SAN FRANCISO FOR TRYING TO TRAVEL AND INSTEAD JOINED BY ZOOM.

IT WAS AN INSIGHTFUL CONVERSATION WITH TWO SOLID OUTSTANDING LEGAL SCHOLARS.

COMMITTEE HEARD AN UPDATE FROM THE NORTH CAROLINA YOUTH LEGISLATIVE ASSEMBLY.

THE NORTH CAROLINA YOUTH LENG LEGISLATIVE ASSEMBLY IS WHERE HIGH SCHOOL STUDENTS VOICE OPINIONS ON LOCAL STATE AND NATIONAL GOVERNMENT.

WE WERE JOINED BY TWO STUDENTS THAT JOINED THE PROGRAM AND ARE NOW CONTINUING EDUCATION AT UNC CHAPEL HILL.

YESTERDAY'S MEETING MARKED MY LAST MEETING AFTER TWO TERMS RESIDING OVER THE COMMITTEE OF UNIVERSITY GOVERNANCE.

THERE HAVE BEEN HIGHS AND A FEW LOWS, AND I FEEL WE HAVE DONE A GOOD JOB.

I WOULD LIKE TO THANK VICE-CHAIR HUTCHINS, SECRETARY HOLTON, BURRIS-FLOYD, AND BURRIS, DIXON AND RODGERS FOR THEIR WORK ON THE COMMITTEE.

I WANT TO THANK CHAIR RAMSEY AND CHAIR SMITH BEFORE HIM FORGIVING ME THE OPPORTUNITY.

SPECIAL THANKS TO TOM SHANAHAN WHOSE STEADY HAND WHEN I TOOK OVER THE BOARD OF CHAIRMANSHIP HELPED LEAD US THROUGH MANY CIRCUMSTANCES.

I WOULD ESPECIALLY LIKE TO THANK MEREDITH MCCULLEN AND ANDREW TRIPP FOR THEIR WORK TO MAKE SURE THINGS RAN SMOOTHLY AS POSSIBLE.

IT'S BEEN A GOOD RIDE.

I HOPE YOU ALL FEEL GOOD ABOUT THE JOB WE HAVE DONE.

THAT CONCLUDES MY REPORT.

>> THANK YOU.

WE WANT TO THANK YOU FOR YOUR JOB IN LEADERSHIP.

I WOULD SAY YOUR IDEA OF HAVING PRESENTERS COME IN AND DISCUSS FREE SPEECH IN FRONT OF OUR BOARD HAS BEEN ENLIGHTENING.

I HAVE ENJOYED THEM AND IT WOULD BE HARD TO TOP WHAT WE HAD TO HAPPEN HERE YESTERDAY.

THAT WAS VERY MUCH APPRECIATED.

THANK YOU FOR YOUR WORK, GOVERNOR.

VERY MUCH APPRECIATED.

[APPLAUSE] >> I WOULD LIKE TO CALL ON GOVERNOR HOLTON FOR A REPORT OF AUDIT RISK MANAGEMENT AND COMPLIANCE.

>> THANK YOU, CHAIR RAMSEY.

OUR COMMITTEE MET TWICE THIS WEEK, FIRST TUESDAY AFTERNOON.

THE OPEN SESSION MEETING INCLUDED SEVERAL INFORMATION ITEMS ON THE TOPIC OF CAMPUS, LAW ENFORCEMENT PERSONNEL, THE INFORMATION MATURITY MODEL AND UNC SYSTEM OFFICE INTERNAL AUDIT.

FIRST, FRED SELLERS AND MATT BRODY JOINED THE COMMITTEE TO PROVIDE A REPORT ON KEY STRATEGIC PATHWAYS FOR RETAINING CAMPUS LAW ENFORCEMENT PERSONNEL.

AS A REMINDER, FEBRUARY 2021, THE COMMITTEE WAS BRIEFED ABOUT THE ACUTE CHALLENGES ABOUT THE SYSTEM WIDE CAMPUS LAW ENFORCEMENT MANAGEMENT IN RECRUITING AND MAINTAINING PERSONNEL.

OUR CHALLENGES ARE NOT UNLIKE EVERY LAW ENFORCEMENT AGENCY THROUGHOUT THE COUNTRY RIGHT NOW.

AFTER THE BRIEFING, WE ASKED FRED SELLERS TO COME BACK WITH RECOMMERECOMMENDATIONS DESIGNEDP US WITH THE KEY RECOMMENDATION FOR RISK.

HE HAD FOUR RECOMMENDATIONS ADOPTED BY THE BOARD OF DIRECTORS AS A PATH FORWARD TO ADDRESS THE RISK AND BETTER REVIEWT AND RETAIN CAMPUS ENFORCEMENT PERSONNEL.

THEY WERE FIRST ELIMINATING THE CAP ON TUITION WAIVERS, THIRD, OPERATIONAL READINESS, TRAINING AND EQUIPMENT AND FOURTH, DEVELOPING DUAL EMPLOYMENT OPPORTUNITIES BETWEEN CAMPUSES.

MR.

SELLERS REPORTED THAT ALL FOUR RECOMMENDATIONS WERE ON TRACK.

I WOULD LIKE TO MAKE TWO OR THREE COMMENTS TO BRING THAT INTO LIFE.

FIRST, WITH RESPECT TO THE WAIVER OF THE TUITION CREDITS, LIMITS.

ALL CAMPUSES ARE BEGINNING TO PARTICIPATE.

I THINK MR.

SELLERS REPORTED JUST UNDER 20% OF OUR PERSONNEL ARE TAKING ADVANTAGE NOW OF THE TUITION WAIVER.

THAT'S GOING TO BE AN IMPORTANT OPPORTUNITY FOR US ATTRACTING AND RETAINING.

SECOND, MATT BRODY, THANKS TO OUR STATE LEGISLATURE CAME TO THE COMMITTEE TO REPORT ON A NEW CLASSIFICATION STRUCTURE FOR CAMPUS LAW ENFORCEMENT, THAT IT OPENS MANY NEW BANS FOR ADVANCEMENT, PROMOTIONS, MAKES IT CONSISTENT WITH COMPETITORS, EVERY LAW ENFORCEMENT AGENCY IN THE STATE.

IT GIVES US THE OPPORTUNITY TO BE COMPETITIVE.

THE THING THAT BRINGS THIS TO FOCUS FOR ME, FRED REPORTED FIELDING SEVERAL CALLS FROM OTHER COUNTERPARTS IN OTHER STATES AND STATE SYSTEMS ASKING FOR HIS ADVICE TO ACCOMPLISH THE SAME INITIATIVES.

IT LOOKS LIKE BETTER SHAPE TODAY.

IT HASN'T MOVED QUICKLY AS WE HOPED BECAUSE OF THE TIMING BETWEEN LAW AND IMPLEMENTATION.

NOW THINGS ARE IN PLACE TO IMPLEMENT THE CHANGES, AND WE ARE HOPEFUL THAT OVER THE COURSE OF THE NEXT MONTH AND YEAR WE'LL ADDRESS THIS KEY, KEY CHALLENGE.

WE ARE VERY OPTIMISTIC.

CONGRATULATIONS TO FRED, MATT BRODY FOR THE WORK THEY HAVE DONE TO RESHAPE HOW WE CAN RECRUIT AND RETAIN LAW ENFORCEMENT PERSONNEL.

NEXT, KEITH WARNER PROVIDED A REPORT ON INFORMATION SECURITY, FOCUSING ON THE HIGHLIGHTS FROM FISCAL YEAR 21-22 INCLUDING THE STATUS OF THE CAR MAC APRIL 2021.

I'M PLEASED TO REPORT TO THE BOARD THAT THE CAR MAC INITIATIVES 2021 ARE COMPLETE OR ON TRACK.

SECOND, CYBER SECURITY IS A RISK AT THE SYSTEM OFFICE AND EVERY INSTITUTION.

INSTITUTIONAL GOVERNANCE EFFORTS FOR CYBER SECURITY ARE ALSO IN PLACE AT THE SYSTEM OFFICE AND INSTITUTIONS.

OVER THE PAST YEAR, AS PART OF THE INITIATIVES, THE UNC SYSTEM OFFICE CIO IN CONSULTATION WITH THE COUNCIL HAVE COMPLETED MEANINGFUL DATA EFFORTS AND CONDUCTED THOROUGH EVALUATIONS.

THERE HAS BEEN IMPROVED, INCREASED AND ENHANCED CULTURE, AWARENESS AND ACTION ON CYBER SECURITY OVER THE PAST YEAR.

THROUGH THE SECURITY ASSESSMENT AND THE AUDIT THEMES THAT OUR FRIENDS IN THE OFFICE OF THE STATE AUDITOR REMINDED US FROM TIME TO TIME, WE ARE NOW POSITIONED TO TAKE ACTIONABLE STEPS TO CONTINUE TO ADVANCE OUR CYBER SECURITY POSTURE AND OUR EFFORT TO MOVE TOWARD THE GOAL OF CYBER RESILIENCE.

FINALLY, LYNN SANDALLERS REPORTED ON THE STATUS OF WORK FOR THE UNC SYSTEM OFFICE.

IT IS ON TRACK AND ALL IS WELL.

WITH RESPECT TO INTERNAL AUDIT, I NEED TO MAKE ONE MORE POINT.

MAY IS THE MONTH WE CELEBRATE THE INTERNAL AUDIT PROFESSIONALS.

IT'S INTERNAL AUDIT AWARENESS MONTH.

I WOULD LIKE TO SAY THANK YOU TO ALL OF THE INTERNAL AUDITORS ACROSS THE UNC SYSTEM FOR THEIR HARD WORK ON BEHALF OF THE UNIVERSITY.

AT OUR MEETING YESTERDAY, WE WERE PRIVILEGED TO BE JOINED BY STATE AUDITOR BETH WOOD.

SHE PROVIDED THE UPDATE ON THE STATUS OF UPDATES ISSUED BY THE STATE AUDITOR OF THE PAST YEAR.

WE ARE FORTUNATE TO HAVE HER WITH US TODAY TO SPEAK DIRECTLY TO THE BOARD OF GOVERNORS.

IN INTRODUCING AUDITOR WOOD, I WANT TO POINT OUT SHE'S CURRENTLY IN HER FOURTH TERM AS NORTH CAROLINA ELECTED STATE AUDITOR.

THROUGH THE WORK OF THE STATE AUDITOR'S OFFICE, THE TEAM WORKED TO STRENGTHEN AND IMPROVE STATE GOVERNMENT.

SPEAKING ON BEHALF OF MY FELLOW BOARD MEMBERS, I WANT TO SAY THANK YOU, MADAM AUDITOR, FOR THE GREAT WORK YOU AND YOUR TEAM DO ON BEHALF OF THIS UNIVERSITY SYSTEM AND OUR STATE.

YOUR FEEDBACK TO US AND TO OUR INSTITUTIONS THROUGH YOUR WORK HELP US ALL GET BETTER.

WE TAKE THAT VERY SERIOUSLY.

WE KNOW WE REMAIN ACCOUNTABLE TO THE STATE.

THAT CONCLUDES MY REPORT.

I WOULD LIKE TO INVITE AUDITOR WOOD TO TAKE THE PODIUM.

>> THANK YOU, GOVERNOR HOLTON, MR. CHAIRMAN, PRESIDENT HANS, MEMBERS OF THE BOARD OF GOVERNORS FOR ALLOWING ME TO MAKE MY PRESENTATION THIS MORNING.

IT IS FOR WHAT WE HAVE ACCOMPLISHED OVER THE LAST YEAR FOR THE UNIVERSITY SYSTEM.

WE HAVE PERFORMED 16 FINANCIAL STATEMENT AUDITS AT THE 16 UNIVERSITY CAMPUSES INDIVIDUALLY.

WE COMPLETED AND PUBLISHED ALL 16, OBVIOUSLY.

WE WERE ABLE TO GET 15 DONE BY DECEMBER 17TH, 2021.

HAD ONE LATE.

WE DISCUSSED THE ISSUES YESTERDAY AND WHY AND HOW AND THE FINDINGS THAT CAME OUT OF THAT PARTICULAR AUDIT.

WE AUDITED THE NORTH CAROLINA SCHOOL OF MATH AND SCIENCE AND UNC SYSTEM OFFICE PERFORMED FINANCIAL STATEMENT AUDITS WITH NO FINDING.

THEY WERE COMPLETED IN THE TIMEFRAME REQUESTED.

WE AUDITED THE BILLIONS OF DOLLARS OF STUDENT FINANCIAL AID THAT THE STATE OF NORTH CAROLINA UNIVERSITY SYSTEM RECEIVES.

THAT AUDIT IS A PROGRAM WIDE STATEWIDE PROGRAM AUDIT.

THEREFORE, WE DID AN AUDIT THAT PROCESSED AND THE STUDENT FINANCIAL AID SYSTEM ON EACH CAMPUS.

WE AUDITED IT ON FOUR.

WE TALKED ABOUT THE FINDINGS THAT CAME OUT OF THAT YESTERDAY.

WE PERFORMED FIVE IT AUDITS.

WE SELECTED CYBER SECURITY CONTROLS THAT WE LOOKED AT AT FIVE UNIVERSITIES.

WE PRESENTED THOSE AUDITS AS COMPLETED ALONG THE WAY.

THE LAST TWO WE PRESENTED TO YESTERDAY AND DISCUSSED THE FINDINGS WITH THE UNIVERSITIES WHERE THERE WERE FINDINGS.

LAST BUT NOT LEAST, WE HAVE RECEIVED 11 INVESTIGATION ALLEGATIONS FROM OUR UNIVERSITY SYSTEM.

WE HAD FOUR THAT WERE SUBSTANTIATED AND SEVEN UNSUBSTANTIATED.

WITH THAT, THAT CONCLUDES MY REPORT TO THE BOARD OF GOVERNORS THIS MORNING.

>> THANK YOU.

WE APPRECIATE YOU BEING WITH US TODAY AND APPRECIATE YOUR HARD WORK AND EFFORTS ON OUR BEHALF.

>> I APPRECIATE THAT.

IF I MAY SAY, INTERNAL AUDIT IS A CRITICAL, CRITICAL PROCESS.

IT'S A CRITICAL MEANS FOR THE UNIVERSITY SYSTEM TO FIND THINGS BEFORE I GET THERE.

WITH THE LEADERSHIP OF LYNN SANDERS AND THE TIME OF INTERNAL AUDIT ACT PUT INTO PLACE 2008, THE UNIVERSITY SYSTEM HAS EXCELLED IN ITS INTERNAL AUDIT EFFORTS.

NOT TO SAY YOU ARE WHERE YOU SHOULD BE, BUT YOU HAVE EXCELLED.

AGAIN, WITH LYNN'S STEPPING OUT, I ENCOURAGE YOU TO REPLACE HER WITH SOMEBODY THAT CONTINUES THAT EFFORT.

>> FIVE YEARS STRATEGIC PLAN.

THE GOALS ARE CENTERED AROUND FIVE THEMES OF ACCESS, STUDENT SUCCESS, AFFORDABILITY AND EFFICIENCY AND COMMUNITY ENGAGEMENT AND EXCELLENT AND DIVERSE INSTITUTIONS.

AS I SAID YESTERDAY, THE GOALS ARE AMBITIOUS AND WHEN WE MEET THEM, IT WILL MAKE A DIFFERENCE IN THE LIVES OF OUR STUDENTS, FACULTY, STAFF AND NORTH CAROLINA.

I LOOK FORWARD TO WORK TO IMPLEMENT THE POLICIES AND STRATEGIES TO ENABLE SHARED PROGRESS IN THESE CRITICAL AREAS.

MEMBERS, YOU HAVE THE FULL DESCRIPTION OF THE PROPOSED GOALS, METRICS AND TARGETS IN YOUR BOARD MATERIALS.

IT IS ON THE RECOMMENDATION OF THE COMMITTEE ON STRATEGIC INITIATIVES THAT I NOW MAKE A MOTION TO APPROVE THE REFRESHED GOALS OF THE UNC SYSTEM STRATEGIC PLAN.

>> YOU HAVE HEARD THE MOTION.

DISCUSSION OR DEBATE?

ALL IN FAVOR SAY AYE.

OPPOSED?

MOTION CARRIES.

>> I WOULD LIKE TO THANK ALL OF THE SYSTEM OFFICE STAFF CAMPUS LEADERS, FACULTY, STAFF AND STUDENTS WHO CONTRIBUTED TO EFFORT.

I LOOK TO FORWARD TO THE PROGRE.

THIS CONCLUDES MY REPORT.

>> THEY ARE STRETCHED GOALS, BUT WE KNOW THEY CAN DO IT.

GOVERNOR HOLMES?

>> I THINK WE DON'T OFTEN RECOGNIZE THE EFFORT FOLKS PUT INTO THE ENDEAVOR.

I LISTENED TO ANDREW PRESENT YESTERDAY, AND I WAS MOVED BY THE WORK HE AND HIS TEAM HAVE PUT INTO WHAT IS A VERY THOUGHTFUL PLAN.

I THINK IT'S APPROPRIATE THAT WE RECOGNIZE THE EFFORT FOR WHAT IS YEOMAN'S WORK IN HELPING LEAD US TO LEAD HIGHER EDUCATION AND NOT JUST BE PART OF IT.

I SAY THANK YOU TO YOU AND YOUR TEAM.

[APPLAUSE] >> WELL SAID, GOVERNOR HOLMES.

THANK YOU FOR POINTING THAT OUT TO ALL OF US.

I WOULD LIKE TO CALL ON GOVERNOR POWERS FOR THE ELECTION OF OFFICERS.

>> THANK YOU, MR. CHAIRMAN.

MAY 2ND, THE BOARD MEMBERSHIP RECEIVED A MEMO OUTLINING THE PROCESS FOR BOARD OFFICERS.

WE'LL VOTE TO FILL THE OFFICES OF CHAIR, VICE-CHAIR AND SECRETARY.

THEY ARE ALL SEEKING REELECTION TO THE POSITIONS.

OUR PROCEDURE TODAY WILL DEPEND ON WHETHER OTHER MEMBERS PLAN TO RUN ON THE OFFICES.

I'LL POST THE QUESTION TO THE MEMBERSHIP NOW.

DOES ANY MEMBER INTEND TO OFFER A NOMINATION FOR THEMSELVES OR OTHERS FOR THE POSITION OF CHAIR, VICE-CHAIR OR SECRET?

SINCE IT APPEARS NO ADDITIONAL NOMINATIONS, I ENTERTAIN A MOTION TO SP SUSPEND THE POLICY REQUIRING A WRITTEN BALLOT AND INSTEAD VOTE BY UNANIMOUS CONSENT.

>> SO MOVED.

>> DO I HAVE A SECOND?

DEBATE?

QUESTIONS?

HEARING NONE, ALL IN FAVOR, PLEASE SAY AYE.

>> AYE.

>> OPPOSED, LIGHT ON?

MOTION CARRIES.

I WOULD NOW ENTERTAIN A MOTION TO REELECT, RANDY RAMSEY, WENDY MURPHY AND BURRIS-FLOYD FOR THE NEXT TERM.

>> SO MOVED.

>> SECOND.

>> QUESTIONS OR DEBATE?

GOVERNOR NICHOLS?

>> DO YOU ALL SWEAR YOU WILL DO A GOOD JOB BY US?

>> WE'LL DO OUR BEST.

>> I ACCEPT THAT.

>> ANY OTHER QUESTIONS, DISCUSSION OR DEBATE?

HEARING NONE, ALL IN FAVOR PLEASE SAY AYE.

OPPOSED?

MOTION CARRIES.

CONGRATULATIONS, CHAIRMAN RAMSEY, VICE-CHAIR MURPHY AND MRS. FLOYD.

>> I WOULD LIKE TO THANK EACH OF YOU FOR YOUR CONFIDENCE.

WE APPRECIATE THE FACT THAT YOU SUPPORT US WHEN WE AGREE AND DISAGREE ON OCCASION.

YYOUR WORK FOR THE STATE OF NORH CAROLINA IS INVALUABLE AND IT IS A PRIVILEGE TO SERVE AS YOUR CHAIR.

VICE-CHAIR MURPHY AND SECRETARY BURRIS-FLOYD FEEL THE SAME WAY.

I BELIEVE WE CAN CARRY THE MOMENTUM TO THE COMING YEARS.

I LOOK FORWARD TO WORKING WITH EACH OF YOU AND WHAT WE ACCOMPLISH TOGETHER.

VICE-CHAIR MURPHY?

ANYTHING TO ADD?

>> THANK YOU FOR THE HONOR.

WE'LL DO OUR BEST.

YOU DO YOUR BEST.

>> SECRETARY BURRIS-FLOYD?

>> THANK YOU AGAIN FOR THE OPPORTUNITY TO SERVE AT THIS LEVEL.

I'LL CONTINUE TO DO MY VERY BEST, AND THANK YOU FOR THE CONFIDENCE THAT YOU HAVE PLACED IN US.

THANK YOU.

>> BEFORE WE MOVE TO CLOSED SESSION, THERE IS A GROUP OF INDIVIDUALS I WOULD LIKE TO RECOGNIZE.

WE HAVE THE MIRIAM GRAHAM SCHOLARS WITH US.

WOULD YOU STAND, PLEASE?

THESE SCHOLARS ARE PART OF A SIX WEEK HONOR PROGRAM PROVIDING UNC RISING JUNIORS AND SENIORS WITH THE CHANCE TO DEVELOP LEADERSHIP SKILLS.

THEY ARE WATCHING EACH OF US AS WE TRY TO LEAD THE UNIVERSITY.

THANK YOU ALL FOR BEING PART OF THE PROGRAM AND BEING HERE TODAY.

[APPLAUSE] >> WITH THAT, I'LL ENTERTAIN A MOTION TO GO INTO CLOSED SESSION.

>> I MOVE WE GO INTO CLOSED SESSION PURSUANT TO NC STATUTE 143-748 AND 143-318.11, A13 AND 6 FOR THE PURPOSES STATED IN THE MOTION THAT WAS INCLUDED IN THE MEETING MATERIALS WHICH HAVE BEEN PUBLICLY MADE AVAILABLE.

>> YOU HAVE HEARD THE MOTION, DO WE HAVE A SECOND, PLEASE?

ALL IN FAVOR SAY AYE.

MOTION PASS.

WE'LL MOVE INTO CLOSED SESSION.

>> ALL RIGHT, WE ARE BACK IN SESSION.

OPEN SESSION.

I WOULD LIKE TO CALL ON GOVERNOR BLUE FOR A REPORT ON UNIVERSITY PERSONNEL.

>> THANK YOU.

THIS COMMITTEE RECEIVED A BRIEF UPDATE FOR MR. BRODY ON HIRING TRENDS SINCE THE LAST BOARD MEETING.

SYSTEM OFFICE STAFF IS BEGINNING TO SEE THIS MODERATE SLIGHTLY.

STAFF CONTINUES TO MODERATE TRENDS SLIGHTLY.

THE COMMITTEE REVIEWED AND VOTED TO RECOMMEND APPROVAL TO THE BOARD OF A PROPOSED RESOLUTION TO DELEGATE AUTHORITY TO THE PRESIDENT TO DEVELOP ANISH, AN ISSUEFOR THE UPCOMING RACE PS PENDING THE SHORT SESSION.

ON BEHALF OF THE COMMITTEE, I MOVE THAT THE BOARD DELEGATE TO THE PRESIDENT THE AUTHORITITY TO ADOPT AND ISSUE DETAILED INSTRUCTIONS FOR THE UPCOMING FISCAL YEAR 2022-23 ANNUAL RACE PROCESS.

>> BOARD, YOU HAVE HEARD THE MOTION.

IS THERE DISCUSSION OR DEBATE?

ALL IN FAVOR SIGNIFY BY SAYING AYE.

OPPOSED?

MOTION CARRIES.

>> THE COMMITTEE REVIEWED THE DELEGATION OF THE AUTHORITY TO ESTABLISH REGULATIONS PERMITTING NON-BASED SALARY COMPENSATION FOR EHRA EMPLOYEES, INCLUDING OPTIONS SUCH ASSIGN ON BONUSES, RETENTION BONUSES WITHIN PRESCRIBED LIMITS.

THE PROPOSAL IS DESCRIBED IN DETAIL IN THE RESOLUTION FOR THE BOARD'S APPROVAL.

ON BEHALF OF THE COMMITTEE, I MOVE THAT THE BOARD OF GOVERNORS VOTE TO DELEGATE TO THE PRESIDENT THE AUTHORITY TO ISSUE REGULATIONS PERMITTING NON-BASED SALARY COMPENSATION FOR EHRA EMPLOYEES.

>> YOU HAVE HEARD THE MOTION.

ANY DISCUSSION OR DEBATE?

ALL IN FAVOR SAY AYE.

OPPOSED?

MOTION CARRIES.

>> THE COMMITTEE ALSO VOTED ON COVERING THE DELEGATION OF AUTHORITY TO THE PRESIDENT TO ISSUE REGULATIONS ALLOWING POLICE OFFICERS TO RETAIN SELECT PROVISIONS OF HUMAN RESOURCES POLICY AFTER TRANSITIONING TO EHRA NONFACULTY STATUS.

THESE CHANGES ARE DESCRIBED IN DETAIL IN YOUR BOARD MATERIALS IN A PROPOSED RESOLUTION THAT AWAITS THE BOARD'S APPROVAL.

ON BEHALF OF THE COMMITTEE, I MOVE THAT THE BOARD OF GOVERNORS APPROVE THE DELEGATION OF AUTHORITY TO THE PRESIDENT TO ESTABLISH REGULATIONS REGARDING TRANSITION TO EHRA NONFACULTY STATUS FOR THE UNIVERSITY COMMISSION POLICE OFFICERS.

>> MEMBERS OF THE BOARD, YOU HAVE HEARD THE MOTION.

IS THERE DISCUSSION OR DEBATE?

>> MR. CHAIRMAN, I WOULD ONLY SAY THANK YOU.

>> TOTALLY AGREE, GOVERNOR BYERS.

ANY DISCUSSION OR DEBATE?

ALL IN FAVOR SAY AYE.

OPPOSED?

MOTION CARRIES.

>> LASTLY, THE COMMITTEE REVIEWED SEVERAL ROUTINE INFORMATIONAL REPORTS AVAILABLE IN BOARD EFFECT.

IN CLOSED SESSION PRESIDENT HANS PRESENTED THE NOMINEE FOR THE NEXT CHANCELLOR OF UNC.

I WILL NOW ASK PRESIDENT HANS TO PRESENT THE CANDIDATE FOR AN OPEN SESSION VOTE.

>> THANK YOU, MADAM CHAIR.

SINCE I BEGAN THIS ROLE A LITTLE LESS THAN TWO YEARS AGO, I HAVE HAD THE PRIVILEGE OF NOMINATING TWO CHANCELLORS.

AT FAYETTEVILLE STATE, DARRELL ALLISON HAS MOVED QUICKLY TO BRING NEW INVESTMENT TO THE HISTORICALLY UNDER RESOURCED CAMPUS.

WORKING WITH STATE LAWMAKERS TO MAKE FSU PART OF THE NC PROMISE PROGRAM SECURING MORE THAN $150 MILLION IN MUCH NEEDED CAPITAL IMPROVEMENTS.

HE'S DEEPENED TIES WITH THE MILITARY TO BETTER SERVE THE CRITICAL STUDENT POPULATION.

I RECENTLY VISITED FAYETTEVILLE STATE AND FORT BRAGG TO CELEBRATE THE LAUNCH OF A NEW SCHOLARSHIP PROGRAM FOR VETERANS AND MILITARY STUDENTS AND HEAR WHAT A DIFFERENCE $500 A SEMESTER TUITION WILL MAKE TO THEM.

PHILLIP RODGERS HAS BROUGHT ENERGY TO GREENVILLE TAPPING THE HOMETOWN ROOTS TO STRENGTHEN THE ABILITY TO SERVE NORTH CAROLINA AND BEYOND.

HIS QUICK WORK IN CEMENTING THE HEALTH PARTNERSHIP BETWEEN BRODY AND VIE ABOUT WILL CENTER THE ROLE AS A HEALTHCARE PROVIDER AND TRAINING GROUND FOR THE REGION AND BEYOND.

BROAD EXPERIENCE WITH EDUCATION NATIONALLY IS HELPING ECU BECOME A MODEL FOR STUDENT SUCCESS IN INNOVATION.

THESE TWO LEADERS ARE QUICKLY MOVING THE NEEDLE.

SO TODAY, I'M ENORMOUSLY PROUD TO NOMINATE A NEW LEADER FOR UN C W. MR. CHAIRMAN AND MADAM VICE CHAIR, I WOULD LIKE NOTED I'M WEARING THE TIE GIVEN TO ME FOR THE ADDRESSES I GAVE A FEW WEEKENDS AGO AND MR.

POWERS ENDURED KINDLY.

>> BEST GRADUATION SPEECH I HAVE HEARD.

NO LIE.

>> THANK YOU.

THAT'S KIND.

WE ARE LOOKING FOR A LEADER HERE.

SOMEONE TO TAKE THE BATON FROM CHANCELLOR AND GUIDE THE SEAHAWKS INTO A NEW ERA OF EXCELLENCE.

I'M CONFIDENT THAT DR. ASANI IS THE RIGHT PERSON FOR THE ROLE.

IT SHOULD MAKE ALL OF US PROUD THAT SOMEONE TALENTED AND AMBITIOUS AS HE HAS CHOSEN TO BUILD A LIFE IN NORTH CAROLINA AND RETURN TO UNC WILLINGTON WILMINGTONAFTER A FEW YEARS AWA.

HE IS A CHAMPION OF EDUCATION AND HAS A LOVE FOR OUR STATE'S PREMIER COASTAL UNIVERSITY.

2014 TO 2019 HE SERVED AS DEAN OF THE COLLEGE OF ARTS AND SCIENCES UNCW AND DIRECTOR OF THE MARINE SCIENCE PROGRAM.

HE HAS PLAYED A KEY ROLE IN BUILDING WILMINGTON INTO ONE OF THE STUDENT FOCUSED PUBLIC INSTITUTIONS IN THE STATE.

ABOVE ALL, HE BELIEVES IN THE CORE MISSION OF HIGHER EDUCATION, A FIRST GENERATION COLLEGE STUDENT AND AMERICAN BY CHOICE.

SOMEONE WHO SOUGHT THE PROMISE OF OPPORTUNITY ON OUR SHORES AND DEVOTED OUR LIFE TO BUILDING AND SERVING THIS COUNTRY'S PUBLIC INSTITUTIONS.

THIS IS A MAN OF EXTRAORDINARY DRIVE AND TALENT.

SOMEONE THAT STARTED SCHOOL AT THE AGE OF TWO, FINISHED COLLEGE AT 18, COMPLETED A MASTER'S DEGREE, WORKED FOR THE INDIAN GOVERNMENT ON WATER QUALITYISHEY ISSUES AND CAME TO THE UNITED STATES FOR A PHD ARRIVING WITH LITTLE MORE THAN $500 IN HIS POCKET BUT A DETERMINATION TO CONTRIBUTE.

HIS STORY IS A PERFECT ENCAPSULATION OF THE AMERICAN DREAM, COMBINATION OF INDIVIDUAL DRIVE AND PUBLIC INVESTMENT TO MAKE IT POSSIBLE FOR A YOUNG MAN FROM THE COAST OF INDIA TO BUILD A LIFE AND HAVE A POSITIVE PROFOUND IMPACT ON THE COAST OF NORTH CAROLINA.

I BELIEVE WE NEED LEADERS WHO SPEAK WITH ERNEST CONVICTION ABOUT THE POWER TO CHANGE LIVES AND UPLIFT COMMUNITIES.

HE IS AN ASPIRING VOICE FOR ALL THAT BELIEVE IN THE STRENGTH OF THE UNIVERSITY AND PROMISE OF AMERICA.

FROM HIS EARLIEST DAYS AS A RESEARCHER, HE'S SP FOCUSED ON SCIENCE THAT AFFECTS PEOPLE'S LIVES.

HE WORKED TO UNDERSTAND HOW CHANGES IN THE CHESAPEAKE BAY AFFECTED THE ECOLOGY OF THE REGION'S OYSTERS.

FLORIDA GULF COAST HE SHAPED THE UNDERSTANDING OF ENVIRONMENTAL POLICIES THAT IMPACTED THE LIVE AND LIVELIHOODS OF MILLIONS.

UNC WILMINGTON, DURING HIS TENURE AS DEAN OF THE COLLEGE OF ARTS AND SCIENTISTS, CHAMPIONED WORK WITH LOCAL GOVERNMENTS, BUSINESS LEADERS TO STRENGTHEN THE UNIVERSITY ROLE WITH PROTECTING VITAL RESOURCES AND BUILDING THE REGION'S ECONOMY.

AS THE PROT PROVOST, HE HAS SERS THE INSTITUTION'S CHIEF OPERATING OFFICER AND VICE PRESIDENT FOR ACADEMIC AFFAIRS, RAISING THE PROFILE AND STRENGTHEN ITS FINANCIAL POSITION.

NO SURPRISE HE'S WIDELY AMIRED AMONG HIS FORMER COLLEAGUES AT UNC WILMINGTON.

REGARDED AS A LEADER, PASSIONATE ADVOCATE IN THE WIDER COMMUNITY AND BELOVED MENTOR TO STUDENTS AND FACULTY MEMBERS, ENJOYING THE SUPPORT OF THE CHANCELLOR AND HIS TEAM WHO BENEFIT FROM HIS WORK AT THE COLLEGE OFFER ARTS AND SCIENTISTS.

THE RELATIONSHIPS RUN DEEP STRENGTHENED BY YEARS OF SHARED AMBITION FOR WILMINGTON'S FUTURE.

BARELY 75 YEARS OLD, UNC WILMINGTON IS AN ANCHOR INSTITUTION IN THE SOUTHEASTERN UNITED STATES, HELPING DRIVE A REGIONAL ECONOMY THAT INCLUDES MAJOR INVESTMENTS, CERTAINLY IN TOURISM AND MARINE SCIENCE AND BIOTECHNOLOGY, CYBER SECURITY, FINANCE, ARTS, ENGINEERING.

HE UNDERSTANDS THE VITAL ROLE.

I HAVE RARELY HAD THE PLEASURE OF A CANDIDATE WHO IS SO WELL ALIGNED TO THE MISSION WE ARE ASKING HIM TO SERVE.

I LOOK FORWARD TO ASKING HIM BACK AS A FRIEND AND COLLEAGUE.

I KNOW NORTH CAROLINA WILL BE BETTER FOR IT.

I APPRECIATE THE BOARD'S CONSIDERATION OF THIS NOMINATION NOMINATION.

>> I MOVE THAT THE BOARD VOTE FOR HIM.

>> YOU HAVE HEARD THE MOTION.

IS THERE DISCUSSION OR DEBATE?

ALL IN FAVOR SAY AYE.

>> PO#*ESZED?

OPPOSED?

MOTION PASSES.

>> THAT CONCLUDES MY MARKS.

>> I WANT TO THANK THE BOARD AND I WANT TO THANK THE STAFF FOR ALL OF THE WORK YOU PUT IN THE LAST TWO DAYS.

WE REFRESH THE STRATEGIC PLAN, HIRED A CHANCELLOR, WORKED ON ALL FUNDS BUDGETS, CONTINUED TO EDUCATE PEOPLE ABOUT A NEW FUNDING MODEL.

IT'S BEEN A FULL COUPLE OF DAYS, BUT EACH OF YOU CONTRIBUTED A GREAT DEAL.

I'M VERY PLEASED NEXT MEETING WILL BE JULY 31, 2022.

WE STAND ADJOURNED.

>> NORTH CAROLINA CHANNEL IS MADE POSSIBLE BY THE FINANCIAL CONTRIBUTIONS OF VIEWERS LIKE YOU WHO SUPPORT THE UNC-TV NETWORK.