The University of California Board of Regents will hold its regular business meeting on Wednesday, May 17, and Thursday, May 18, at the UC San Francisco-Laurel Heights campus, 3333 California St., in San Francisco.
Wednesday's meeting is scheduled to begin at 8:30 a.m. with public comment, followed by open session. Wednesday morning items will focus on compensation for senior management, including a presentation by President Dynes and the release of the University Auditor’s internal audit of senior management group compensation. PricewaterhouseCoopers will provide further details on its independent audit, and the Regents will discuss recommendations of the compensation task force and the recent Bureau of State Audits.
On Wednesday afternoon, the regents will also meet in closed session to consider personnel matters.
Thursday’s meeting is scheduled to begin at 8:50 a.m. in closed session. The public comment period will begin at 9:45 a.m. or upon the completion of closed-session discussions. The regents’ educational policy committee will then hear presentations on UC’s libraries and receive an update on the review of the Education Abroad Program’s travel advisory policy.
The regents will also discuss the status of contract competition and other matters at the UC-managed Department of Energy laboratories, and consider action on an amendment of the UC Retirement Plan to facilitate the transition of UC’s management of the Los Alamos lab to the Los Alamos National Security LLC and UC’s co-guarantee of the new management team’s workers compensation obligations.
In the afternoon, the regents will discuss updates on the state and federal budgets and consider action on the university’s internal audit plan for FY 2006-07.
On Thursday afternoon, the regents’ investment committee will consider action on asset allocation and benchmarks for UC’s endowment fund, the FY 2006-07 incentive plan for the treasurer’s office, and approval of the investment policy statement for the UC Retirement Savings Program.
The board will also consider action on several regental procedures including the appointment of new officers for the coming year, the role of standing committees, and costs of holding its meetings on campuses.
A press room will be open across from the meeting room. Please register for a credential. Parking is available in the garage at UCSF-Laurel Heights. The press room telephone number is (415) 476-0619, and the fax number is (415) 476-0618.
-- The full agenda for the meeting can be viewed at www.universityofcalifornia.edu/regents/regmeet/may06.html
-- Live audio broadcasts of the meeting’s open sessions will be available via the Internet. Please click on the above agenda link for more information.
-- University officials will be available during the meeting to speak with reporters.
This notice is issued to comply with the state's pertinent open-meeting laws.
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