10509 

MINUTES OF THE SPECIAL MEETING 
OF THE 
MICHIGAN STATE UNIVERSITY 
BOARD OF TRUSTEES 

May 49 1995 

A meeting of the Trustee Finance Committee was held via telephone conference call. 
Following the Committee meeting, President McPherson called the meeting of the Board 
of Trustees to order at 3-:30 p.m. via telephone conference call. 

Secretary Hesse conducted a Roll Call vote.  Trustees present:  Dolores M. Cook, 
Dorothy  Gonzales.  Russell  G.  Mavby,  Colleen  McNamara.  Donald  Nugent,  John  D. 
Shingleton, Bob Traxler, and Robert E. Weiss. 

University officers present:  President McPherson, Provost Simon, Secretary Hesse, 
and Vice President Wilkinson.  Others present:  Stephen H. Terry, Robert Dowding', 
Robert Nestle, and Norman W. Schleif. 

1.  On a motion by Mr. Traxler, supported by Ms. Gonzales, THE BOARD VOTED to 

approve the agenda. 

There were no requests for public participation on issues germane to the agenda 
or other issues. 

Public 
Participation 

Trustee Traxler, Chairperson of the Trustee Finance Committee, presented the 
following recommendations: 

\  Trustee  Finance 
\  Committee 

Bids and Contract Awards 

1 Bids and Contract 
| Awards 

1) 

2) 

It was recommended that a contract in the amount of $14,177,000 be 
awarded to Spence Brothers of Saginaw, Michigan, and that a budget 
in  the  amount  of  $16,673,000  be  established  for  the  project 
entitled: 
Agriculture and Livestock Education Center, 

Revitalization  of  Michigan  Animal  Agriculture  -

j Revitalization of 
\ Michigan  Animal 
[ Agriculture -
| Agriculture and 
j Livestock  Education 
\ Center 

It was recommended that a contract in the amount of $36,816,000 
for the Revitalization  of Michigan Animal Agriculture  (RMAA) -
Anthony Hall, Dairy Plant, and Meats Laboratory Renovations, and 
a contract in the amount of $9,764,000 for Engineering Building -
Addition  TWO be  awarded  to The  Christman  Company, of Lansing, 
Michigan. 

It was recommended that a budget in the amount of $42,977,000 be 
established for the project entitled:  RMAA - Anthony Hall, Dairy 
Plant, and Meats Laboratory Renovations. 

It was recommended that a budget in the amount of $14,050,000 be 
established  for  the project  entitled:  Engineering  Building  -
Addition TWO. 

It was further recommended that the Board of Trustees authorize 
the  administration  to execute  an  internal  loan  of up  to  $4 «5 
million  to provide cash flow as necessary  to fund this project 
pending receipt of existing pledges through 1998 and to liquidate 
principal  of  the  College  of  Engineering  Enhancement  Fund 
Functioning as Endowment as necessary to complete funding of the 
project* 

I Revitalization of 
! Michigan  Animal 
\ Agriculture  (RMAA)-
1 Anthony  Hall9 
\ Dairy  Plant, Meats 
j Laboratory 
j Renovations and 
;;  Engineering  BTdg.-
f Addition TWO 
j Budget 
) recommendations 

Authorization to 
execute an 
internal  loan 

It was further recommended  that the Board of Trustees authorize 
the University administration  to enter into agreements with the 
State Building Authority  as required  to permit  construction of 
Engineering Building - Addition TWO. 

j Authorization to 
\ enter  into 
j agreements with 
| State  Building 
| Authority 

On a motion by Mr. Traxler; supported by Ms. Gonzales, THE BOARD 
VOTED to-approve the recommendations.  The vote was unanimous. 

A.  The meeting adjourned at 3:55 p.m. 

ter McPherson, President 

MarthaL~. Hesse" Pfi.D'  Seci 
Martha L. Hesse, Ph.D., Secretary