Northern Michigan University


Agenda for meeting of December 15, 2006




1.      Review and approval of previous minutes for October 2006*   (CAR)


Closed Agenda

2.      Investment Performance – Mr. Dave Wetzel, Fund Evaluation Group

·         Review of Investment Management performance*

·         Advisor’s presentation*


Open Agenda

3.      Audits – Mr. Matthew Riipi, Internal Auditor

·         Internal Audits*   (CAR)

§         Audit of Bookstore Inventory Review for 2006 – 2026/2007-6

§         Audit of Athletic Camps – 2206/2007-7

·         Follow up of Audit of the University Charter Schools Program – 2006/2007-3

§         Liability insurance coverage for oversight responsibility for Charter Schools Program*


4.      Budgets – Mr. Gavin Leach, Associate Vice President for Finance and Planning

·         Budget Update*

·         Financial Indicators*


5.      Capital Outlay – Dr. Michael J. Roy, Vice President for Finance and Administration

·         Financing the renovation of Van Antwerp and Hunt Halls

·         Declaration of Official Intent to Reimburse Capital Expenditures from the Proceeds of Future Tax-Exempt Debt Obligations   (CAR)

·         Update on Combined Heat and Power Cogeneration Project


6.      Other

·         MGH Lease of Space in the University Center

·         Renaming Dining Services’ Venues*   (CAR)

·         Bookstore Consultant





*Back-up information attached


(CAR) = Committee Action Required