Oct. 10, 2004 — The University of the Virgin Islands Board of Trustees will meet at 9 a.m. on Saturday, Oct. 16, in the Research and Extension Center Building on the St. Croix campus.
The meeting will convene with regular session agenda items. UVI President Dr. La Verne E. Ragster will provide her report, followed by comments from UVI Board of Trustees Chairman Dr. Auguste E. Rimpel Jr. Presentations will be made by various committees. Several items will require the Board's action.
Following his opening comments, Chairman Rimpel will present nominations for the Foundation for UVI Board. A resolution to modify the guiding principles of the Research and Technology Park will also be made.
The Board will vote on the Finance Committee's proposal to adjust compensation for faculty and staff. The Finance Committee will also seek the Board's approval to authorize the issuance of UVI General Obligation Improvement Bonds to allow for debt service payment for fiscal year 2034. Also on the agenda for the Finance Committee is a budget review, an update on local government appropriations, and the status of FY 2005 appropriations.
The Planning Committee will present a proposed 2006-2016 Strategic Planning Timeline for the Board's approval.
Up for discussion is the Department of Interior's audit report on corporate credit cards.
The UVI Board of Trustees last met on June 18 and 19 on the St. Thomas campus.
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