MINUTES OF THE MEETING OF
THE REGENTS OF THE UNIVERSITY OF NEW MEXICO

May 9, 2006

The Regents of the University of New Mexico met on Tuesday, May 9, 2006, 1:00 pm in the Student Union, Ballroom B. A copy of the public notice is on file in the Office of the President.

Regents present:

Jamie H. Koch, President

Jack L. Fortner, Vice President

Sandra Begay-Campbell, Secretary-Treasurer

John “Mel” Eaves

Raymond Sanchez

Don Chalmers

Rosalyn D. Nguyen

Acting President:

David Harris

Vice Presidents present:

Paul Roth, Executive Vice President, HSC

Reed Way Dasenbrock, Executive Vice President of Academic Affairs/Provost

Terry L.Yates, Vice President for Research and Economic Development

Michael Carroll, Vice President for Institutional Advancement

Susan A.Carkeek, Vice President of Human Resources

Cheo Torres, Vice President of Student Affairs

Regents' Advisors present:

Thelma Domenci for Robert Bovinette, UNM Foundation

Christopher Smith, President, Faculty Senate

Sabra Basler, President, Staff Council

Buckner Creel, President, GPSA

Brittany Jaeger, President, ASUNM

Angela Vachio, President, UNM Alumni Association

Guests presenting:

Gary Gordon, Chair, UNMF Investment Committee

Beth Johnson, Hammond and Associates

Guests receiving Regents Meritorious Service Awards:

Dr. Anita Bradley-Pfeiffer

Dr. Joseph Suina

Guest:

Fire Chief Robert Ortega

Deputy Chief Craig Sadberry

Captain Michael Ortega, Squad 1

Driver Craig Deal, Engine 3

Commander Patrick Feist

Nick Backus, Director, Albuquerque Public Safety Department

Others in attendance:

Members of the administration, faculty, staff, students, the media and others.

Regent James Koch presided and called the meeting to order at 1:00 pm.

ADOPTION OF AGENDA, Regent James Koch

Motion approved unanimously to adopt today's agenda

APPROVAL OF SUMMARIZED MINUTES OF THE APRIL 11, 2006 BOARD OF REGENTS MEETING

Motion approved unanimously to approve the Summarized Minutes of the April 11, 2006 UNM Board of Regents meeting.

APPROVAL OF REGENT'S MERITORIOUS SERVICE AWARD, Sandra Begay-Campbell, Regent

• This is a nice capstone to establishing better relations with tribes. It is my distinct honor and great pleasure to nominate Dr. Anita Pfeiffer and Dr. Joseph Suina. Both Dr. Pfeiffer and Dr. Suina were associate professors in the College of Education's Language, Literacy and Social Culture Studies department. Dr. Pfeiffer served UNM for 32 years before her retirement in December 2005. Dr. Suina served the University for 21 years and he will retire in June. As two of only 25 tenured track American Indian faculty members at UNM Main Campus, their retirements are a major lost to our efforts to achieve the highest quality of education to all of our citizens. But the center reason for nominating Drs. Pfeiffer and Suina is their extraordinary contributions to the University. They are examples of excellence in compassion and should serve as role models for all faculty

Motion approved unanimously to approve the Regent's Meritorious Service Award to Dr. Anita Bradley- Pfeiffer and Dr. Joseph Suina.

RECOGNITION OF ALBUQUERQUE FIREFIGHTERS

• Fire Chief Robert Ortega thanked the Regents for acknowledging the firefighter's efforts to put out the fire at Zimmerman Library. They did a great job in some severe circumstances in the library basement. Fire Chief Robert Ortega thanked his Deputy Chief Craig Sadberry. The incident commander that night was Commander Feist. He led the charge and commanded the units that put out the fire in the basement. The guys on the hoses were Captain Ortega, Squad 1 and Acting Lieutenant Craig Deal, Engine 3. I would also like to acknowledge the guy that leads the whole public safety effort for the City of Albuquerque, Nick Backus. The Zimmerman Library is one of the landmarks of the city and I am pleased that we were able to put the fire out and keep that landmark in tact.
• Regent Eaves proposed giving season tickets to the Lobos football or basketball games to all the firefighters involved.
• Regent Begay-Campbell thanked the UNM staff for responding to the emergency.
• A picture of the firefighters with the Regents and the President was taken.

ADMINISTRATIVE REPORT, David Harris, Acting President

• As we were working with the advocates last fall in forming an agenda for the Health Summit, one of the important things requested was that we create a Community Affairs Director. Dr. Roth had taken on this task and has successfully employed a person for this position, Lea Steimel.
• Dr. Roth stated that one of the commitments made at the Health Summit was to create an Advisory Council. He was able to do that fairly quickly after the Summit.
• We received over 90 applications for this position. Of those 90, 45 met the minimum qualifications. I called on the Advisory Council and created a special search committee, headed by Judy Jones. It was a huge process with many interviews and formal events with open forums. We identified a woman who had a long history here in New Mexico.
• Dr. Roth read some of Lea Steimel's accomplishments to the Board of Regents. She received a master's degree in Public Health from Tulane University with a concentration in international health. She has been involved in community health care her entire professional career of 22 years, serving in various capacities including advocacy and program management. She is bilingual in Spanish and has worked in community-based organizations throughout Central and South America including Guatemala, Belize and the Dominican Republic. She has worked in New Mexico for the last twelve years. She has served in various capacities with international organizations such as CARE International and the U.S. Peace Corps in Latin America. Since June 2004, she has been Executive Director of Villa Therese Catholic Clinic in Santa Fe where she provides advocacy services for families and patients who encounter barriers to health care services and works to improve healthcare access for very low income, uninsured families. Lea will begin working at UNM on June 1, 2006.
• At the management retreat last summer, former Regent Doug Brown, made a commitment to provide a $5,000 stipend to individuals in the University who had been identified as performing outstanding community service as an annual donation. There were two employees who received the Sarah Bell Brown award: 1.) Charlie Gallegos, who is a carpenter in the Physical Plant Division and also a Minister to patients at UNM Hospital and to kids at the Juvenile Detention Center and serves as a translator at the Mental Health Center. 2.) Sam Slishman who is an emergency room physician at UNMH. Sam has focused on providing alcohol and substance abuse care to the indigent population. He's formed a not-for-profit organization, primarily works in the war-zone over at southeast Albuquerque, a very difficult territory to be operating in
• In response to Zimmerman Library, there will be a detailed debriefing of the UNM staff response tomorrow. I would like to present a detailed report to the Regents next month.
• Cheo Torres, Vice President for Student Affairs, has been appointed to the advisory board of the Institute of Mexicans Abroad.
• Breda Bova, Senior Advisor to the President, serves as our faculty representative to the NCAA and puts tireless effort into that job. Last night Breda received this year's New Mexico Spirit Achievement Award.

APPROVAL OF PROPOSED LABOR MANAGEMENT RESOLUTION , Susan Carkeek, Vice President of Human Resources

• Ms. Carkeek stated that Scot Sauder, Interim University Counsel and Lee Peifer, Sr. Associate University Counsel, worked with her on the new Labor Management Relations Resolution for the University, the first such major revision since the 1970's.
• There are two sections of this proposed Resolution that differ from the previous versions presented to the Regents. Those are the changes to the sections on impasse resolution (14. F and 15.B.2.). The Regents have allocation or re-allocation authority.
• Approval of this new Labor Management Relations Resolution is a two-step process; it requires approval by both the Board of Regents as well as the State of New Mexico Public Employee Labor Relations Board (PELRB). That Board is scheduled to meet on Friday, May 12, 2006.
• Ms. Carkeek advised the Regents that management is asking for the Regents' conditional approval of this new Labor Management Relations Resolution. Ms. Carkeek further advised the Board that if the Regents and the PELRB both approve the new Labor Management Relations Resolution, the next step would be the formation of a local labor board to govern labor management relations and that management hoped to nominate individuals to the Regents at the Regents' June meeting..
• Regents Eaves asked if the appeal procedure would go before the Regents. Susan Carkeek responded by saying that appeals would go to an arbitrator or the local board, depending on the nature of the appeal. Lee Peifer, Sr. Associate University Counsel stated that disputes between labor and management would be resolved by the local labor board with right of review to the District Court. In the bargaining context, when impasse is reached, the issues would be submitted to an arbitrator. If it involved any type of expenditure of funds, then that arbitrator's decision is contingent on funding by the Board of Regents.
• Scot Sauder, Interim University Counsel stated that there are two Resolutions. The thicker of the two is the conditional approval. It is conditioned upon the approval of new Labor Management Relations Resolution by the PELRB. It also provides that if the PELRB does not approve the new Labor Management Relations Resolution, the Regents' conditional approval is completely null and void. A copy of such Resolution is attached to these Minutes as Exhibit A and is incorporated herein by reference. The second Resolution is to amend the Regents' previous delegation of authority to the Clinical Operations Board to review and approve Collective Bargaining Agreements and to advise on labor polices at the UNMH. Mr. Sauder advised the Regents that with the amended delegation, it will be clear that the Regents are governing board for the University for purposes of labor relations. A copy of such Resolution is attached to these Minutes as Exhibit B and is incorporated herein by reference.

Motion approved unanimously to approve the Resolution attached as Exhibit A.

Motion approved unanimously to approve the Resolution amending delegation of authority to HSC Clinical Operations Board, attached as Exhibit B.

COMMENTS FROM REGENTS ADVISORS

Christopher Smith, President, Faculty Senate

• Members of the Senate Operations Committee, Members of the Committee on Governance and the Chief of Staff of the Health Sciences Center met with the Regent Representatives on the Presidential Search Committee. I would like to extend thanks to the Regents for involving the faculty, staff and students.
• I would like to congratulate this spring's graduates. I would also like to congratulate the Service Awards winners. These people represent what is great about this University. We don't just show up, punch the time clock and leave.
• I would like to introduce the next Faculty Senate president, Virginia Shipman.
• I am on a terminal contract and Virginia will have to serve out the remainder of my term, As such, this is my last Regents meeting. I love the University of New Mexico and I hope it is being left in good hands, particularly in the Faculty Senate. I know Virginia has given tirelessly to the University.
• Regent Koch said with Christopher they have been very fortunate in his representation of the Faculty Senate. “I appreciate your tremendous efforts during the legislature and the fact I could talk to you about certain things that were important to the Regents. You have been an outstanding President of the Faculty Senate.”

Sabra Basler, President, Staff Council,

• We have an election next Tuesday.
• I think the President taking the .25 compensation increase for staff, over a staff person's life of 30 years here - that's more than $15M of income. That going into the self insurance plan, that's going to take money away from the retirement of those employees, that's going to take money away from the social security of those employees. I hope in the future that we can find other sources other than compensation increases to help cover the cost of insurance.
• I am 55 years old, I am from the old school, I believe in hope and change and fairness. The other day I went to use my prescription card and was shocked to find out one of my prescriptions went up $30. You guys have been making money off of me. It costs $30 more for my meds by using the prescription plan than paying by cash. We need to educate staff to be a better health care consumer. All my drugs are half the price of my prescription card at Costco. But, Costco doesn't take our flex card, when we set aside money for healthcare.
• They are recommending that we ask the doctors to double prescribe the strengths and cut the pills in half to save money. I don't think that is a very good recommendation. I think that is asking the doctors to do something unethical.
• I participated in the HED meeting with Reed. We will be having a Summit on July 27 th – 28 th to discuss issues that affect staff and what staff can do to help affect change. We are a very important component of higher education in the state
• June 19 th – 23 rd , we have our Celebrating Staff Week, we will have our pancake breakfast again.
• We did have the non-smoking campus question on our electronic ballots and the vote came back that 464 people wanted a smoke-free campus and 303 were against it. 61% of staff would like to see a smoke-free campus. Now the issue can go forward to ASUNM and Faculty Senate.

Buckner Creel, President, GPSA

• I would like to congratulate all the graduates and undergraduates who are graduating this Spring.
• I hope the Board of Regents will take a look at the student health insurance policy and evaluate what the University wants to support with that policy.
• I am pleased to be going to the honorary degree presentation. The honorary degree process is a collaborative process between the Faculty Senate and the Board of Regents.
• I am term limited and so I step down at noon on Friday and Joseph Garcia will become President, GPSA.

Brittany Jaeger, President, GPSA

• The MBA team at the Anderson School made the competition for the Cadillac Ad campaign. They will be going to Detroit and presenting their ad campaign to GM.
• I want to thank the Regents for coming to the GPSA meeting and getting the students suggestions for the next president.
• Finally, the Review Day Resolution has passed. I will be working with the Registrar on implementation.

Angie Vachio, President, UNM Alumni Association

• One of our goals is to foster enduring involvement with the University. We have 43 members of the Class of '56 that are coming back and they will be our Golden Grads and will march with the graduates.
• This month we sent out our Howler e-newsletter to almost 36,000 people.
• Also this month we have the Distinguished Legislator Awards – one of the awards is given for 20 years of service at the legislature. This year we will honor Senator Cisco McSorley and Representative Joe Still.
• At the same event we will honor the 2006 Higher Education Distinguished Legislator Awardees. This award is given to a legislator that has helped UNM in the past year. Representative Henry (Kiki) Saavedra will be receiving this award. A $500 UNM scholarship will be awarded to a worthy student in the legislator's district.
• The Board of Directors of the Alumni Association will have their meeting on June 2 nd . Regent Koch will be addressing the Board and talking about the search for the new president.
• A University Committee on Public Service and Community Engagement has been developed. This Committee has been charged with creating a long term UNM agenda for increasing and deepening present public service initiatives and crafting new responses to priorities and critical community needs.
• The Alumni Association participated in the Health Sciences Center Partnership to Improve New Mexico's Health.
• On June 3 rd I will turn over the gavel to our next president Roberto Ortega.

Thelma Domenici, for Robert Bovinette, Chair, UNM Foundation

• Our Board, like everything else on campus, has also been in transition. We have new leadership in Institutional Advancement and the Board is appreciative of the leadership of Mike Carroll.
• The Foundation itself started in 1979. We are not a brand new entity, but its always been our mission to do the fund raising for the University and to manage its endowment.
• What I am here today to report on is our accomplishments of the last month, as far as bringing new members to the Board of Directors. I have had the privilege of chairing the nominating Committee. We have taken definite stands on trying to strengthen the Board. We have taken the time to redefine the responsibilities of the members of the Board. This year we have brought on six new Board members: Carl Alongi, Laura Heuter Bass, John Cordova, James Ellis, Sonnet McKinnon, and Robert Murphy.

UNM FOUNDATION REPORT , Gary Gordon, Chair, UNMF Investment Committee, Beth Johnson, Hammond and Associates

• The Investment Committee is comprised of eight volunteers, President Harris and Vice President Carroll. The volunteers are talented professionals with experience in investment matters. We are also assisted by a consulting firm.
• An important aspect of the Foundation is we want to help and be supportive of the fund raising efforts of the University. Equally important is the stewardship responsibility we fulfill and make sure that the endowment assets are managed in the most efficient way possible in order to maximize returns.
• An overview of the UNM Foundation Investment Report (May 9, 2006) was presented by K. Beth Johnson. Written report was provided to Regents.
• Regent Koch asked that in the future there will be an annual report to the Regents.

COMMENTS FROM THE REGENTS

• Regent Chalmers commented that it is very nice to see the “who's who” of the people in Albuquerque on the Foundation Board. There are nice representatives from the Board of Directors on the Foundation here. We appreciate it.
• Regent Begay-Campbell thanked Sabra, Christopher, Buck, and Angie for their service. Regent Bagay-Capbell called everyone's attention to the UNM Today with the photo of President Harris and Regent Begay-Campbell dressed as Cowboy and Indian respectively. They had a great trip. There were some people that had a key voice in making some issues known and heard form the University: President Harris, the Provost, Cheo Torres, and Gerry Dominquez. It was a great group to have in addition to two people from the Executive Director from the Gallup campus and the Dean of Students from the Gallup campus. It was an important group to have come together on the Navajo Nation on the reservation at the first tribal college established within the United States. It was a great gesture of our goodwill and also the intent of following through with the details of trying to establish this partnership. The Regents have been very supportive in the work I have tried to get done with Native Americans.
• Looking forward to Friday to one particular graduation where the first class with a bachelor's degree in Native American Studies will graduate. That's been a transition of 30 years of talking about this to actually happening on Friday.

ACADEMIC/STUDENT AFFAIRS COMMITTEE, Raymond Sanchez, Chair

• We have approximately 3,059 total Spring 2006 Degree Candidates.

Motion approved unanimously to approve ratification of Spring 2006 Degree Candidates.

Chuck Fleddermann, Associate Dean of Engineering, gave a brief description of the New Graduate Certificate in Systems Engineering. Systems Engineering is a extension of traditional engineering. Systems Engineering focuses on the analysis and synthesis of complex systems that arise in many engineering problems. The Air Force in Albuquerque came to UNM and asked for this program. The certificate program will involve four courses that are part of a student's masters or PhD program. It will not increase a student's time to graduate. A student who already has a master's degree has the option to earn a “stand alone” certificate by completing the four courses and doing a project. There is a great deal of demand for this certificate. Over 100 people contacted the School of Engineering about participating in this program.

Motion approved unanimously to approve New Graduate Certificate in Systems Engineering.

• The Clinical Laboratory Sciences degree is what you probably know as Medical Technology. This degree is a career development degree for people who want to move into management. It is one of the very few programs in the country being offered, so we are expecting very good enrollment. This program is one of 15 in the nation and one of four in the West.

Motion approved unanimously to approve the New Master's Degree in Clinical Laboratory Sciences.

• We are trying to propose a special emphasis for our accreditation effort. The title for this is “Educating Tomorrow's Demographics Today, the First Majority Minority Research Flagship University.” The proposal is to look forward and strategize for UNM.
• This is a good opportunity to socialize ourselves to this concept. This is different than the normal accreditation where we look back at what we have done over the past ten years and explain why we believe we should be allowed to continue to do that for the next ten. Instead, we want to learn how to best serve our minority students, which is the majority of students. We have to create a proposal, Memorandum of Understanding (“MOU”), signed off by University leaders and by the Higher Learning Commission.

AUDIT COMMITTEE, Don Chalmers, Vice Chair

• Moss Adams will be responsible for the audit for the UNM Main Campus, the Health Sciences Center and the component units, excluding the University Physician Associates (“UPA”). KPMG will conduct the audit of the Hospital and UPA. This is the same arrangement they had last year. The audit for UNM Main should have started this week. For the Hospital, it will be right after their fiscal year ends, and will begin on July 5 th , 2006.

PRESIDENTIAL SEARCH UPDATE, Raymond Sanchez, Chair

• The three Regents appointed (Regent Raymond Sanchez, Regent Sandra Begay-Campbell, and Regent John “Mel” Eaves) have begun their work. We have met with constituency groups ASUNM students, graduate students, Faculty Senate and the Faculty Operations Committee. They were meaningful meetings. We have scheduled additional meetings for May23rd and June 6 th .
• The RFP for the search consultant has gone out. The bids are due May 19 th .
• Future Updates will be provided to the Regents.

ADVANCEMENT COMMITTEE, Don Chalmers, Chair

• Our fund raising to date has topped over $38M this year. That is $7M more than the same time one year ago. We have high confidence that we will exceed the $43M we did last year and will also exceed this year's goal of $47M.
• The third draft of the needs assessment has gone to President Harris and Provost Dasenbrock, as well as Vice President Roth. The Regent's Development Committee will review the document with their comments prior to the June 28 th meeting.
• The Advancement Committee did not meet, but will meet on June 28 th for a quarterly meeting.

FINANCE AND FACILITIES COMMITTEE, John “Mel” Eaves, Chair

• The meeting summary from April 10, 2006 and April 26, 2006 were accepted by the Committee.

Motion approved unanimously for approval of the Disposition of Surplus Property on list dated April 21, 2006.

• Curt Porter, Associate Vice President of Budget, reviewed the Budget Revisions to the 2005-06 Operating Budget.

Motion approved unanimously for approval of the Budget Revisions to the 2005-06 Operating Budget.

Motion approved unanimously for approval for the Fiscal Watch Report to be submitted to the HED Executive Director and the Monthly Financial Report for 9 Months ending March 31, 2006 by Ava Lovell.

• Money is coming from balances in the Development Office to lower the tuition increase. We are not touching any Foundation funds.
• Taking into account the 15% discount for summer school, the average increase for tuition and fees is 4.5% and the tuition increase is 2.39%.
• The legislature this last session enacted a 3.5% tuition credit. This is a direct product of what the legislature did by imposing the tuition credit on the institutions of higher learning.
• We have cut this tuition increase down to the bone.

Motion approved unanimously for approval for the FY 2006-07 Tuition and Fee Total Increase of 5.50%.

• The Development Office was recognized for their part in this process.
• Regent Koch commented that salaries for faculty are at 95 % of our peers and staff is 100% of our peers. He hopes at the next legislative session to propose that we will not enforce that tuition credit if you use that amount of money to raise the faculty salaries so we can bring the faculty to 100% of their peers.

Review of Employee Health Insurance, Vice President Susan Carkeek

• PowerPoint presentations on the health insurance provided a status report on the health insurance contracts entered into with Lovelace and United Health Care. The presentation reported on employee participation, concerns, and complaints. One of the positive things about these insurance plans is 23.6 % of employee dollars are being spent at the UNM Health Sciences Center, which is a 30% increase.
• Our employees really like Lobo Care and it has been successful. This program is continuing to draw employees, both staff and faculty, into the program.
• We have a goal of creating a reserve of $4M with which we can fund our entry into self-insurance. At the end of this year, we will have accumulated about $1.5M of that money. Hopefully, in a year from now, we will be embarking on self-insurance which will help us get control of premium increases and provide better service.

• The employment contract for University Counsel, Patrick Apodaca, will provide for an annual base salary of $185k plus a deferred compensation benefit of $15,000 per year. He will have to be employed until June 30, 2009 to earn the full value of the accumulated fund. This will be a three year, 1 ½ month contract, beginning May 15, 2006.

Motion approved unanimously for approval of Employment Contract for University Counsel, Patrick Apodaca.

• There are severance tax bond proceeds for 13 projects at UNM totaling $19,265,000. Each of these projects will be coming back to the Regents for approval. A new indoor football facility will be a $6M item and the renovation of the PIT will be an $8M item.

Motion approved unanimously for approval of Resolution, Notification and Certification for State Severance Tax Bond Sale of $19M.

Motion approved unanimously for approval of Request to Establish Quasi-Endowment Funds.

Motion approved unanimously for approval of Resolution to Exclude Regents from Security Clearance Requirement

Motion approved unanimously for approval of Revision to Capital Approval for Centennial Engineering Center.

Motion approved unanimously for approval of UNM Championship Golf Course-Parking Lot Improvements.

Motion approved unanimously for approval of Renovation to Scholes Hall – Phase II (there are contracts in place-future reviews will be provided to Regents)

Motion approved unanimously for approval of UNM South Campus Athletic Track Resurfacing.

Motion approved unanimously for approval of UNMH Operating Room Recovery Renovation.

Motion approved unanimously for approval of UNM Health Sciences Center Sculpture Garden of Healing.

Information Items :

• Higher Education Department deadlines have been revised. Next year we will be considering budget approvals in May, rather than June.
• Ava Lovell did a brief review of the Statement of Revenues, Expenses and Change in Net Assets Report. Report was approved with the Fiscal Watch Report.
• Fire Protection Update by Donna Smith

217 out of 429 buildings have fire or smoke triggered alarms on all campuses, though only 118 on the Main Campus are centrally enunciated. Many of the buildings on campus do not have sprinklers and some only have partial sprinklers. We have a ways to go on fire protection. We do not have sprinkler coverage or fully enunciated alarm systems in the residence halls. The total estimated cost for full detection is $3.3M.

• Sprinkler Systems in libraries are controversial because the water destroys the materials in the library. However, sprinklers can be setup in different ways where the head triggers where the heat is. It does not trigger the entire system. We do have sprinklers in parts of the library.
• Senior Administrator Report by Susan Carkeek reported on some changes at administrative level. We reluctantly accepted the resignation of our internal auditor Debra Yoshimura. Our new University Counsel, Patrick Apodaca, will start on Monday. Robert Bienstock submitted his resignation effective June 5 th . He is going to work for Yale University. There is a new Community Affairs Director at the Health Sciences Center. Alicia Chavez, Executive Director, resigned from the Taos Branch.

Misc Matters From the Finance and Facilities Committee Closed Session :

• Chairman Eaves reported there was discussion of the merits of exercising an option to purchase the Elks Lodge. Various Regents expressed concern over the political ramifications of exercising or not exercising the option to purchase the property. Scot Sauder, Interim University Counsel, answered questions from the Regents on the terms of the Option to Purchase the Elks Lodge property and on the terms of the Option to Extend the initial term of the existing lease. Motion was made to authorize the President and staff to exercise the option to purchase, but the motion failed for lack of a second.
• The sense of the Regents was that further information was needed regarding the current fair market value of the Elks Lodge real property in relation to the amount of the University's option to purchase and should be reported to the Regents at the June 13, 2006 meeting.

HEALTH SCIENCES COMMITTEE, Regent Begay-Campbell (Regent Fortner had to leave the meeting early)

Motion approved unanimously for approval of permanent appointments to UNMH Medical Staff.

Motion approved unanimously for approval of reappointments to the UNMH Medical Staff.

Motion approved unanimously for expansion of privileges for Dr. Peter Barnett, Department of Internal Medicine, to include Emergency Medicine.

Motion approved unanimously for approval of the Resolutions amending the Delegation of Authority to HSC Clinical Operations Board.

Motion approved unanimously for approval of the Resolutions reaffirming the confidentiality of strategic plans and reports with respect thereto of the University of New Mexico Hospitals.

Motion approved unanimously for approval of Robert Katz as Vice President of Clinical Operations, HSC.

Motion approved unanimously for approval by the Regents present to waive the National Search Policy requirement.

Motion Approved unanimously to close the meeting into Executive Session at 4:45 pm

Executive Session

• Discussion of limited personnel matters pursuant to Section 10-15-1.H (2), NMSA
• Discussion and determination of matters subject to the attorney-client privilege regarding pending or threatened litigation in which the University is or may become a participant pursuant to Section 10-15-1.H(7), NMSA.

Motion Approved unanimously to re-open the meeting into Open Session at 5:00 pm

Regent Koch at this time certified that the matters discussed in Executive Session were limited only to those specified in the Motion for Closure. The Regents approved this statement by Regent Koch.

Motion Approved unanimously to adjourn the meeting at 5:05 pm.

Adjournment

_____________________________ __________________________________

James H. Koch, President Sandra Begay-Campbell, Secretary, Treasurer