Gigstad, Grimes, Kosman, Lewis, Lindau and Renner; Cady, Hollis and Wetherell voted aye. Motion carried.

Chadron State College, Miller Hall Substantial Completion Inspection Committee
Ms. Grimes moved and Mr. Renner seconded a motion to approve the substantial completion inspection committee for the Chadron State College Miller Hall renovation project as follows:

Fran Grimes, Board Member, Physical Plant Subcommittee Chair
Willa Kosman, Regional Board Member
Donna Nelson, Association Executive Director, Fiscal and Facilities Management, System Office
Steve Hotovy, DAS/State Building Division
Dave Cooper, construction inspector retained by the College
Ed Hoffman, Vice President, Administration and Finance, Chadron State College
Pat Colgate, Dean of the School of Education and Graduate Studies
William Roweton, Psychology Professor
Ann Burk, Coordinator of Computer Services
Joyce Hardy, Acting Senior Vice President for Academic Affairs
Tom Krepel, College President

Gigstad, Grimes, Kosman, Lewis, Lindau and Renner; Cady, Hollis and Wetherell voted aye. Motion carried.

Chadron State College, Maintenance Building Program Statement
Ms. Grimes moved and Mr. Renner seconded a motion to approve the Chadron State College Maintenance Building program statement. Gigstad, Grimes, Kosman, Lewis, Lindau and Renner; Cady, Hollis and Wetherell voted aye. Motion carried.

Peru State College, Architectural Services Contract
Ms. Grimes moved and Mr. Lewis seconded a motion to authorize extension of Peru State’s architectural services contracts with Clark Enersen Partners to:

1) Extend the Campus Services Building contract to cover the schematic design, design development, construction documents and construction phases with the fee for those services, including reimbursables, not exceeding $160,000;

2) Extend the architect’s programming contracts to include professional services in updating the Peru State College campus master plan at a fee not to exceed $40,000.

Gigstad, Grimes, Kosman, Lewis, Lindau and Renner; Cady, Hollis and Wetherell voted aye. Motion carried.

Wayne State College, Naming of Studio Arts Building Graphic Arts Studio
Ms. Grimes moved and Mr. Lewis seconded a motion to approve the designation of the Wayne State College Graphics Art Studio in the Studio Arts Building as the Frey Graphic Arts Studio, in recognition of the contributions of Harold R. Frey and his late wife Mae (Langmack). Gigstad, Grimes, Kosman, Lewis, Lindau and Renner; Cady, Hollis and Wetherell voted aye. Motion carried.

Wayne State College, Naming of Studio Arts Building Sculpture Studio
Ms. Grimes moved and Mr. Lewis seconded a motion to approve the designation of the Wayne State College Sculpture Studio in the Studio Arts Building as the Mignery Sculpture Studio, in recognition of the contributions of Herb and Sherry Mignery. Gigstad, Grimes, Kosman, Lewis, Lindau and Renner; Cady, Hollis and Wetherell voted aye. Motion carried.

Wayne State College, Recreation Center Floor Replacement
Ms. Grimes moved and Mr. Lewis seconded a motion to approve a contract with the firm of Kiefer Specialty Flooring, Inc. of Zion, Illinois in the amount of $140,257 to replace the sports floor in the Wayne State College Recreation Center. Gigstad, Grimes, Kosman, Lewis, Lindau and Renner; Cady, Hollis and Wetherell voted aye. Motion carried.

Peru State College, Sale of Surplus Property
Ms. Grimes moved and Mr. Lewis seconded a motion to authorize Peru State College to waive building appraisal and to sell the Greenhouse (Building #69) to John Patterson, spokesman for the removal of the greenhouse committee, for $1,053 according to Policy 8003 in order to complete disposal of this building in a timely manner. Gigstad, Grimes, Kosman, Lewis, Lindau and Renner; Cady, Hollis and Wetherell voted aye. Motion carried.

Peru State College, Nicholas-Pate and Davidson-Palmer Roof Replacement and Delzell Hall Partial Roof Replacement
Ms. Grimes moved and Mr. Lewis seconded a motion to approve a contract with the firm of Weathercraft Company of Lincoln in the amount of $168,395 to replace the roofs on Nicholas-Pat Hall and Davidson-Palmer Hall in the Centennial Complex on the Peru State College campus and to perform a partial roof replacement on Delzell Hall. Gigstad, Grimes, Kosman, Lewis, Lindau and Renner; Cady, Hollis and Wetherell voted aye. Motion carried.

Preliminary Revenue Bond Operating Budgets
Mr. Lewis moved and Mr. Renner seconded a motion to approve the preliminary 1999-2000 revenue bond operating budgets as submitted by the State Colleges. Gigstad, Grimes, Kosman, Lewis, Lindau and Renner; Cady, Hollis and Wetherell voted aye. Motion carried.

LB 1100 Bond Documents
Mr. Lewis moved and Mr. Renner seconded a motion to approve the following resolution authorizing the sale of LB 1100 bonds and approving related bond documents. Mr. Bill Beavers and Mr. Lauren Wismer were present to summarize the board documents and answer any questions.

I.

BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE NEBRASKA STATE COLLEGES (the "Board") that the Agreement by and between the Board and The Nebraska State Colleges Facilities Corporation ("NSCFC") dated as of such date as shall be determined jointly by the Executive Director and the President of NSCFC with respect to financing the deferred maintenance projects of the Nebraska State Colleges as authorized by Legislative Bill 1100, Ninety-Fifth Legislature, Second Session (the "Deferred Maintenance Project’), in the form attached hereto as Exhibit "A" and made a part hereof by reference, is hereby approved, adopted, ratified and affirmed together with such changes, additions, deletions or modifications as the Chair of the Board, College counsel and bond counsel shall approve as being in the best interests of the Board and the Nebraska State Colleges.

II.

BE IT FURTHER RESOLVED BY THE BOARD that the issuance, sale and delivery by NSCFC of its Series 1999 Bonds (Deferred Maintenance Project) in the principal amount of not to exceed $7,000,000 dated such date as shall be determined jointly by the Executive Director and the President of NSCFC (the ""Bonds"), to provide funds to finance the Deferred Maintenance Project as provided in the Bond Resolution adopted by the Board of Directors of NSCFC dated as of such date as shall be determined jointly by the Executive Director and the President of NSCFC (the "Bond Resolution"), a copy of which is attached hereto as Exhibit "B", the terms of which are hereby approved, adopted, ratified and affirmed together with such changes, additions, deletions or modifications as the Chair of the Board, College counsel and bond counsel shall approve as being in the best interests of the Board and the Nebraska State Colleges. The Executive Director, on behalf of the Board, is hereby authorized and directed to approve the principal amount of Bonds to be issued and the principal maturities, interest rates, not to exceed six percent (6.00%), and redemption provisions thereof and to take all necessary actions and execute all necessary documents to effect the sale of the Bonds.

III.

BE IT FURTHER RESOLVED BY THE BOARD that the Continuing Disclosure Agreement dated as of such date as shall be determined by the Executive Director between the Board and the Trustee named in the Bond Resolution to satisfy the requirements of Rule 15c2-12 of the Securities and Exchange Commission with respect to the Bonds in the form attached hereto as Exhibit "C" and made a part hereof by reference is hereby approved, adopted, ratified and affirmed together with such changes, additions, deletions or modifications and the Chair of the Board, College counsel and bond counsel shall approve as being in the best interests of the Nebraska State Colleges.

IV.

BE IT FURTHER RESOLVED BY THE BOARD that the Depositary and Disposition Agreement dated as of such date as shall be determined by the Executive Director between the Board and the State of Nebraska acting through the Department of Administrative Services in the form attached hereto as Exhibit "D" and made a part hereof by reference, is hereby approved, adopted, ratified and affirmed together with such changes, additions, deletions or modifications and the Chair of the Board, College counsel and bond counsel shall approve as being in the best interests of the Nebraska State Colleges.

V.

BE IT FURTHER RESOLVED BY THE BOARD that the Executive Director is hereby authorized and directed to approve the sale of the Bonds on behalf of the Board to Ameritas Investment Corp. pursuant to (1) a Bond Purchase Agreement and (2) an Inducement Letter of the Board, each dated as of such date as shall be determined jointly by the Executive Director and the President of NSCFC, in the respective forms presented to the Board as Exhibit "E" and Exhibit "F", respectively, and made a part hereof by this reference, which Bond Purchase Agreement and Inducement Letter are hereby adopted, ratified, affirmed and approved, together with such changes or modifications as the Chair of this Board, College counsel and bond counsel shall approve as being in the best interests of the Board and the Nebraska State Colleges. The Executive Director is hereby authorized and directed to approve the principal amount of Bonds to be issued and the maturities, interest rates, not to exceed six percent (6.00%), and redemption provisions thereof and to take all necessary actions and execute all necessary documents to effect the sale of the Bonds.

VI.

BE IT FURTHER RESOLVED BY THE BAORD that the members and officers of this Board and the officials of the Nebraska State Colleges, or any of them, be, and they hereby are, and each of them hereby is, authorized and directed to take any and all action including the execution of all papers, certificates, receipts and documents, they or any of them may deem necessary or desirable to effectuate, in accordance with the terms of the Resolutions pertaining thereto adopted at this meeting, the delivery and payment for the Bonds.

VII.

BE IT FURTHER RESOLVED BY THE BOARD that all actions heretofore taken for or on behalf of, or in the name of the Board, by any of the members or officers thereof or by any officers of the Nebraska State Colleges with respect to the authorization or offering for sale of said Bonds are hereby validated, ratified and confirmed.

Gigstad, Grimes, Kosman, Lewis, Lindau and Renner; Cady, Hollis and Wetherell voted aye. Motion carried.

Wayne State College, Terrace Hall Renovation Design Development Presentation
Mr. Lewis moved and Ms. Grimes seconded a motion to accept the design development documents for the Wayne State College Terrace Hall Renovation Project as developed by the firm of Prohaska & Associates of Omaha, NE; and authorize the college and firm to proceed with preparation of construction documents in anticipation of bidding the project. Mr. Bill Huey and Mr. Steve Riley of Prohaska & Associates presented an overview of the project. Gigstad, Grimes, Kosman, Lewis, Lindau and Renner; Cady, Hollis and Wetherell voted aye. Motion carried.

Wayne State College, Use of Surplus Funds
Mr. Lewis moved and Mr. Renner seconded a motion to approve the following resolution authorizing the use of surplus funds for the Terrace Hall renovation project at Wayne State College.

RESOLUTION TO WITHDRAW SURPLUS FUNDS

WHEREAS, Section 85-403 of Article 4, Chapter 85, Reissue Revised Statutes of Nebraska, 1943, as amended, provides for the "construction…remodeling…of Dormitories…and buildings and structures for…student and faculty unions or centers" with the cost thereof being financed by the issuance of "revenue bonds payable solely out of their revenue other than funds derived from taxation", and

WHEREAS, Section 85-408 of the same Statutes empowers the Board of Trustees to expend amounts from the Surplus Funds of those bond proceeds for the purposes in connection with renovating the facilities as the Board may determine, and

WHEREAS, Wayne State College and the Board of Trustees have determined that certain renovation is required in the residence halls on that campus to provide for quality, accessible living space for the students, and

WHEREAS, the architectural firm of Prochaska and Associates of Omaha, NE, has developed a Program Statement that provides preliminary design concepts and related projected costs for the renovation of Terrace Hall on the Wayne State College campus, and

WHEREAS, the Coordinating Commission for Postsecondary Commission has reviewed the project documents and proposed expenditure, as required in Section 85-1415, therefore,

BE IT RESOLVED, that the Board of Trustees does authorize Wayne State College to expend up to $1,800,000.00 in Surplus Funds to renovate Terrace Hall, and directs the System Office to seek the required approval of the Executive Board of the Legislative Council for the project and for expenditure of Surplus Funds, as required in Section 85-408 of the Reissue Revised Statutes of Nebraska, 1943, as amended. Subsequent to that approval, the College may commence with the normal procedures to be followed in a renovation project, as contained in Board of Trustees policies and directives.

I, the undersigned, Carrol Krause, being duly appointed Executive Director for the Board of Trustees of the Nebraska State Colleges, hereby certify that the foregoing Resolution was adopted in a regularly called meeting of June 25, 1999.

IN WITNESS WHEREOF, I have hereunto affixed my signature this 25^th day of June, 1999.

_____________________________________
Carrol Krause, Executive Director

A P P R O V A L

The foregoing resolution is hereby approved by the Executive Board of the Legislative Council on behalf of the Legislature of the State of Nebraska as provided in Section 85-408.

___________________________________________
George Coordsen,Chairman, Executive Board of the Legislative Council

_____________________
Date

Gigstad, Grimes, Kosman, Lewis, Lindau and Renner; Cady, Hollis and Wetherell voted aye. Motion carried.

Peru State College, Use of Surplus Funds
Mr. Lewis moved and Ms. Kosman seconded a motion to approve the expenditure of $18,000 from Peru State College Revenue Bond Surplus Funds to retain Bahr, Vermeer and Haecker of Omaha, NE to conduct a campus facilities study of the residence halls on that campus. Gigstad, Grimes, Kosman, Lewis, Lindau and Renner; Cady, Hollis and Wetherell voted aye. Motion carried.

Nominating Committee Report and Election of 1999-00 Board Officers
The Nominating Committee, consisting of Ms. Lindau, Ms. Grimes and Mr. Lewis, presented the following slate of officers to the Board and moved for their election:
Dr. Al Gigstad, Chair
Mr. Jeff Renner, Vice Chair
Gigstad, Grimes, Kosman, Lewis, Lindau and Renner; Cady, Hollis and Wetherell voted aye. Motion carried.

Presidents’ and Student Trustees’ Reports
Dr. Halsey, whose term as Interim President will end when Dr. Sheila Stearns arrives on campus July 1, expressed his appreciation for all the assistance received from the Vice Presidents, Board and System Office during the past year. He reported that the Vice President for Academic Affairs and Vice President for Administration and Finance positions being vacated would be filled from within on an interim basis. He also announced the resignation of Phyllis Conner, Vice President of Development for the Foundation. Wayne State College has also been busy this summer hosting twenty-four separate camps for area students.

Dr. Krepel reported that the average ACT scores of Chadron State College students continue to be above the national average. In addition, both NCATE and the Department of Education reviews have been successfully completed. He reported on several student accomplishments and that the staffing reorganization has been completed with a savings of state funds.

Dr. Johnson reported on his first few days as President of Peru State College, stating that he has received a positive reception and many invitations to speak in the service region. He reviewed some key vacancies that have been filled recently and announced that a Foundation Executive Director has been hired.

Mr. Wetherell reported Wayne State College students are busy with summer classes.

Ms. Cady, on break from Chadron State College for the summer, reported that preliminary plans for several fall activities were developed prior to the break. She also reported that a candlelight vigil was held on campus following the Colorado Columbine High School shooting.

Mr. Hollis welcomed Dr. Johnson on behalf of the Peru State College students. He reported record summer attendance in satellite classes and that the Admissions Office has recently been remodeled.

ADJOURNMENT -- The meeting was adjourned at 2:30 p.m.