Board of Governors
Minutes of September 14, 2005
Chairman Ketchum, Verna Gibson, Bob
Mike Perry, Virginia King, Brent Marsteller,
Sherri Noble, Jim Sottile, John Hess,
Gary White, Michael Farrell, Tish Chafin, and
Seth Murphy. Gary Adkins (telephonically).
General Mooney and Bill Smith.
Dr. Stephen Kopp, Sarah Denman,
Layton Cottrill, Herb Karlet, Michael McGuffey
I. Call to Order
The Meeting was called to order by Chairman Ketchum after determining
a quorum was present.
II. Swearing In New Members
Judge David Pancake swore in recently appointed board members.
The following new members were sworn in: Farrell, King, Perry,
Noble, Sottile. One new board member, Seth Murphy, was sworn in when
he arrived after the meeting had commenced.
Menis Ketchum introduced Homer Preece, the Director of the
Mid-Ohio Valley Center thanking him for allowing the Board to use
the center to hold the board meeting. Mr. Preece introduced the
Centerís Advisory Board Members and local legislative dignitaries
that attended the meeting.
IV. Presidentís Report
Dr. Kopp also thanked and complimented Mr. Preece on the
Dr. Kopp discussed:
1) The legislative interim session regarding salary increases.
2) Thanked the SGA for Hurricane Katrina donations collected at the
SMU football game. He commended Michael Misiti and Nicki Brown and
the entire student body of Marshall University for their efforts.
3) Enrollment appears basically flat at this point in time.
Non-resident students have increased by 47. Working on strategic
plan in Enrollment Management. Process moving forward.
4) Biotechnology Building - project is on schedule. Acknowledged the
efforts of Mike Meadows.
5) Reported on the Press Conference regarding Vandalia.
6) Possible creation of Endowed Professorships.
7) Constitution Week and John Marshallís Birthday. Celebrations will
be held 9/19 through 9/23/05. During the week of September 19-23 the
West Virginia Court of Appeals will hold court on our campus.
Professor Jean Edward Smith will speak at the dinner event about
8) Marshall day of Service - Saturday, September 17, 2005. MU
students and administration will be cleaning within a 5 mile radius
9) Speaking Engagements - spoke at WV Business Summit.
10) Student Blood Drive - 182 units of blood given by students.
11) Honorary Degree or Commencement Speaker - Dr. Kopp asked each
member of the Board that if they want to submit or recommend a name
to be considered for an Honorary Degree or as a Commencement
Speaker, that they send the recommendation to Sarah Denman.
V. Senator Lanham
Senator Lanham discussed the recent special legislative session
as it related to salary increases for higher education and the
support of the Ohio Valley Bank for the additions to be constructed
at the Mid Ohio Valley Center.
VI. CTC Presidentís Report - Vicki Riley
Vicki began by thanking everyone for their support.
1) Enrollment is 2,345 students. She thinks the Community College
will meet its goal of a 3% enrollment increase. Currently they are
down in full time enrollment, but up in part time enrollment.
2) Our Accreditation Focus Visit is October 31st.
3) Hired a Dean of Academic Affairs from WV State (Janet Amos). She
will bring her to a future meeting to introduce her.
4) Camp Dawson donations by Community College - filled a tractor
trailer full of supplies in conjunction with the School of Medicine.
5) Online - Special Tuition Rates.
6) Celebration on September 26th with the State Police Academy.
Twenty years in program to help train police.
VII. Mid-Ohio Valley Center - Homer Preece
Mr. Preece gave a PowerPoint presentation about the Mid-Ohio
VIII. Committee of the Whole
Update of SB 603. Michael McGuffey gave a handout containing 51
matters that 603 addresses which are being worked on by the
The meeting was then turned over to Finance Chairman Perry who
informed the Board that SB 603 allows Marshall University to invest
up to $18 million with the Marshall Foundation. He introduced Common
Fund, a 501C3 Organization, that desires to handle these investments
for the Foundation. They work with the MU Foundation currently. Mr.
Perry discussed Marshallís proposed Investment Policy for the
investment of this money.
Common Fund was represented by Laurie Bagley. Laurie gave a
PowerPoint presentation and discussed Common Fundís investment
strategies for the Foundation and other universities.
Mr. Perry moved to approve the Investment Policy, seconded by Mrs.
Gibson. Motion approved.
Mr. Perry moved that the Board of Governors delegate the formation
and execution of an investment contract with the Foundation to the
Executive Committee of the MU Board of Governors and the Executive
Committee be allowed to approve and execute an investment contract
with the Foundation. Mrs. King seconded. Unanimously approved.
Seth Murphy arrived at this point in the meeting and Menis Ketchum
swore him in as a new board member.
IX. Report of Committee Chairs
1) Finance, Audit & Investment Committee, A. Michael Perry, Chair
Mr. Perry presented the following resolutions:
a) A resolution approving the acquisition, construction,
refinancing and equipping of certain additions, improvements and
renovations for the Marshall University Mid-Ohio Valley Center.
Upon motion by Mr. Perry, seconded by Mrs. King, the Board voted
to approve the resolution.
b) Resolution approving the reimbursement to Marshall of $2.7
million which it advanced on the Biotechnology Center from the
Lottery Bond proceeds of $6.9 million for the Biotechnology
Science Center/Development Center. Upon motion by Mr. Perry,
seconded by Mrs. Gibson, unanimously approved.
c) Resolution approving the transfer of all Marshall property
currently titled in the name of the Higher Education Policy
Commission to Marshall University. Upon motion by Mr. Perry,
seconded by Mr. Shell, unanimously approved.
d) Resolution approving the Capital project list for Marshall
University for FY 2006-2007. Upon motion by Mr. Perry, seconded
by Mr. Shell, unanimously approved.
e) Resolution approving the Capital project list for Marshall
Community and Technical College for FY 2006-2007. Upon motion by
Mr. Perry, seconded by Virginia King, the MU resolution was
Thereupon, Herb Karlet presented the Internal Audit Update as an
2) Academic Committee, Verna Gibson, Chair
a) Enrollment Opportunities Analysis was presented as an
information item by Sarah Denman.
b) Higher Learning Commission Recommendation of a Request for
Change was presented as an information item by Sarah Denman.
3) Medical School Committee, Brent Marsteller, Chair
a) BRIM Self-insured Retention Program. Upon a motion by
Brent Marsteller, seconded by Perry, this item was approved
subject to approval by legal counsel.
b) Also discussed was the pre-opening of the Joan C. Edwards
Cancer Center taking place on September 30, 2005.
4) Athletic Committee, Robert Shell, Jr., Chair
a) Athletic Policy is under study and will be presented for
approval at the next meeting.
5) Community & Technical College Committee, Tish Chafin, Chair
a) An update was given regarding the upcoming accreditation
visit and the status of the contractual agreements with Marshall
X. Executive Session under the
authority of WV Code ß 6-9 A-4
Mrs. King moved that the Board proceed to Executive Session,
seconded by Mr. Perry, which motion passed. After a discussion in
executive session, Gary White moved that the Board adjourn from
Executive Session, seconded by Brent Marsteller.
There being no further business to bring before the Board, the
meeting was adjourned.
Verna K. Gibson, Secretary