Oregon University System logoMay 10, 2000

TO: MEMBERS OF THE STATE BOARD OF HIGHER EDUCATION

Meetings of the State Board of Higher Education's Investment Committee, Joint Budget and Finance/System Strategic Planning Committee, and a brief meeting of the full Board will be held May 18-19, 2000. All meetings will take place in accordance with the times, locations, and schedules listed below:

Thursday, May 18, 2000
3-5:30 p.m. Investment Committee
Offices of R.V. Kuhns & Associates
1211 SW 5th Avenue, Suite 2850
Portland, Oregon

The Committee will discuss the third quarter investment report; review the outcome of a recent Oregon Investment Council meeting where Board investment objectives and policy guidelines were examined; and consider the endowment spending policy and distribution rate.

Friday, May 19, 2000
8-11 a.m. Joint Budget and Finance/System Strategic Planning Committee
Room 338 (Vanport), Smith Memorial Center
Portland State University

The purpose of the meeting is to continue work on 2001-2003 biennial budget development, including policy issues relating to targeted enrollment, operating budget, and capital budget proposals.

11-11:30 a.m. Board meeting
Room 338 (Vanport), Smith Memorial Center
Portland State University

Shortly after convening, the Board will excuse itself for an executive session to interview a candidate for interim president at Southern Oregon University. This session, from which the public is excluded, is held pursuant to ORS 192.660(1)(a), for the purpose of discussing personnel matters. Pursuant to ORS 192.660(3), representatives of the news media will be allowed to attend, but the Board requires that the discussions and any reports received in the executive session be undisclosed.

Pursuant to ORS 192.660(4), no final action will be taken or final decision made at this executive session. The Board will reconvene publicly after its executive session, and, if applicable, take final action on the appointment.

Telephone messages for Board members and institution officials attending the meetings may be called to Portland State University at (503) 725-4442. If special accommodations are required, please contact the Board's office 72 hours in advance.


Cordially,

Diane Vines
Secretary of the Board