Board of Trustees Minutes Special Telephonic Meeting February 28, 2018
Draft
Trustees Present (via telephone): Keith Thompson, Chair Ron Erickson, Vice Chair Chris Liu Ciara White Emily Washines Ray Conner Robert Nellams Staff Present: James Gaudino, President Linda Schactler, Board Secretary / Chief of Staff Joel Klucking, Board Treasurer / Vice President for Business & Financial Affairs Kim Dawson, Executive Assistant to the President/Board of Trustees Others present (via telephone ): Alan Smith, Assistant Attorney General Marc Greenough, Bond Counsel, Foster Pepper LLC Susan Musselman, Director, Public Financial Management Thomas Toepfer, Senior Managing Consultant, Public Financial Management
Chair Thompson convened the special telephonic meeting at 4:01 PM. Ms. Schactler took role to confirm that a quorum of the Board was present. The purpose of the meeting was for the Board to approve the sale of bonds associated with a new residence hall. The university has experienced significant enrollment increases in first-year students for each of the past three years. These double-digit increases have filled our residence halls. Last fall (2017) we started the quarter at more than 100 percent occupancy in our residence halls. In response, on November 3, 2017, the Board of Trustees endorsed the development of a new 400-bed residence hall and dining facility. Since that endorsement, the university has engaged design-build partners Lydig Construction and Mahlum Architects, Inc., and is moving quickly to design and construct this facility with the intent for it to open fall 2019. The project will be funded with tax exempt bonds against CWU’s System revenues. The System includes dining, residence facilities, the Wildcat Shop, parking and some student activities. The project is
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