[2010-02-11] February 11, 2010 Meeting of the Board of Visitors of Virginia Commonwealth University

              February 11, 2010
Meeting of the Board of Visitors of
Virginia Commonwealth University
Minutes
A regular meeting of the Board of Visitors of Virginia Commonwealth University was
held on Thursday, February 11, 2010, at 8 a.m. in the Benjamin J. Lambert III
Conference Room located in the Critical Care Hospital at 1213 East Clay Street.
The meeting was called to order. Board members present were Mesdames Rhodes
(Rector) and Lambert; Messrs. Hurtado, Jackson, Jones, McCandlish, Morse, Robinson,
Rosenthal and Siegel and; Drs. Bersoff, Broaddus and Doswell. Drs. Romano and
Shapiro; and Mr. Snead were absent. Also present were Drs. Rao, Corey, Gottfredson,
Huff, Moriarty, Retchin and Rhone; Messrs. Bennett, Bunce, Gehring, Jez, Ohlinger,
Ream, Ross, Stanix and Wyeth; and Mesdames Balmer, Honsharuk, Lepley, Parmley and
Stillman.
The Report of the Rector and the Report of the President were presented for information.
Mr. Jones reported for the Academic and Health Affairs Policy. The following items
were presented for information: a report from Faculty and Staff Senate Representatives, a
Report on Life Sciences, a Progress Report: Ph.D. in Nanoscience and Nanotechnology, a
Report of the Provost and Vice President for Academic Affairs, and the Virginia
Commonwealth University Health System Financial Statement Summary Fiscal Year
2009 – Five Months Ending November 30, 2009.
Dr. Broaddus reported for the Audit and Compliance Committee. A Policy on Reporting
Suspected University Related Misconduct/Noncompliance and Protection from
Retaliation was presented. The Audit and Compliance Committee recommended to the
full Board the approval of the Policy on Reporting Suspected University Related
Misconduct/Noncompliance and Protection from Retaliation.
Mr. Siegel reported for the Finance, Investment and Property Committee. The Project
Plans for the New School of Medicine at 1202 East Marshall Street were presented. The
project will establish a new teaching facility for medical students, residents, physicians
and other health care providers serving communities across Virginia. The construction
budget is $110,000,000 with a total budget of $158,615,000. The Finance, Investment
and Property Committee recommended to the full Board the approval of the Project Plans
for the School of Medicine.