Minutes of a Meeting of the
Finance and Administration Committee
of the Board of Trustees
of the State University of New York
held on January 24, 2012



	Pursuant to notice of meeting duly given on January 20, 2012, the Finance and Administration Committee of the Board of Trustees of the State University of New York met in the Board Room, 12th Floor, SUNY College of Optometry, 33 West 42nd Street, New York, New York, and in Room N102, State University Plaza, 353 Broadway, Albany, New York, at 3:10 p.m. on January 24, 2012.

Trustees present:	Trustees Beachner, Ehrenberg, Good (non-member), Lewin (non-member), Lichtman, McCall (member, ex officio), Murad, O’Brien (non-member),  Speilvogel (non-member), Staller (chair) and Warren –Merrick (non-member).

Trustees not present:         Trustees Belluck and Sanford.

Also present:                     	Ms. Duncan-Poitier, Ms. Gambril, Ms. Gilman, Ms. Hengsterman, Ms. Preston and Chancellor Zimpher; and Mssrs.  Alfonso, Banister, Haelen, Henahan, Hippchen, Howard, Hutzley, McGrath, Morgan and Quaintance.


   Chair Staller convened the meeting at 3:10 p.m. 
   
   By motion duly made, seconded and unanimously adopted, the agenda for the meeting was approved.
   
   By motion duly made, seconded and unanimously adopted, the minutes of the Finance and Administration Committee meetings held on September 19, 2011, October 7, 2011, and November 22, 2011 were approved.
   
   

   Utilizing PowerPoint presentations and handouts entitled “2012-13 Executive Budget,” dated January 24, 2012, and “Annual Financial Report,” dated January 24, 2012, respectively, Mr. Hutzley gave presentations of  2012-13 Executive Budget items that relate to the State University and the State University’s annual financial report.  He highlighted goals and expectations set forth in the Chancellor’s January 2012 State of the University address, and reviewed recommendations of the regional economic development councils that relate to the State University.
   
   Ms. Preston reviewed the current financial condition of the State University’s hospitals.
   
   Ms. Hengsterman and Mr. Hutzley discussed community college operating chargeback issues.

   Trustees O’Brien and Speilvogel left the meeting at approximately 4:30 p.m.
      
   Upon motions duly made and seconded, and by unanimous votes, the following resolutions were approved:
      
o Transfer of Jurisdiction of Land – College at Oswego

o Abandonment and Conveyance of Real Property – SUNY Institute of Technology

o Tax-Exempt Leasing Program – University Hospital Medical Center at Brooklyn

o Minority- and Women-owned Business Enterprise (MWBEs) Utilization Reports 

      Consideration of the following resolutions was deferred:

o Use of University Facilities for Commercial Purposes

o Delegation with Respect to the Abandonment of Real Property

o Delegation with Respect to the Purchase of Real Property

o Delegation with Respect to the Approval of Facilities for Regional Community Colleges

o Delegation with Respect to the Transfer of Jurisdiction of Real Properaty

o Delegation with Respect to Easements


      Upon motion duly made and seconded, and by unanimous vote, the members approved the annual calendar of the Committee.
      
      Upon motion duly made and seconded, and by unanimous vote, the members convened in Executive Session at 4:50 p.m.at for the purpose of discussing a matter related to collective bargaining negotiations and to receive legal advice.  Trustee Ehrenberg left the meeting at approximately 5:00 p.m.  No action was taken by formal vote in the executive session.
      
      The members reconvened in open session at 5:43 p.m.

    	 There being no further business, upon motion duly made, seconded, and passed unanimously, the meeting was adjourned at 5:45 p.m.
   
   
   
   
   



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