>> FINALLY GOT EVERYBODY BACK IN THE ROOM, THANK YOU IN ZOOM.

GOOD MORNING, THANKS FOR JOINING PERSONALLY, ZOOM VIDEO CONFERENCE TODAY.

WE HAD AN INTERESTING MEETING EARLIER CHAIRED BY GOVERNOR ROBERTS.

AND I THINK WE ACCOMPLISHED QUITE A BIT THERE.

WE'LL TRY TO MOVE THROUGH THE DAY'S AGENDA PRETTY QUICKLY AND GET OUT ROAD.

WE OBVIOUSLY ARE ENCROACHING ON SOME OF OUR TIME DURING THE SUMMER.

TODAY'S MEETING IS A SPECIAL MEETING OF THE BOARD.

THOSE MEMBERS WHO JOIN BY ELECTRONIC MEANS COUNT TOWARD THE QUORUM AND MAY VOTE.

I'LL ASK THE COMMITTEE CHAIR REPORT FROM THE SEAT, LET'S GET STARTED.

CALL ON GOVERNOR POPE FOR THE INVOCATION PLEASE.

>> DEAR LORD, THANK YOU FOR YOUR GUIDE ANTS ANSWER, AS WE FULFILL OUR DUTY TO OUR FELLOW MAN AND WOMAN, THANK YOU FOR YOUR GUIDANCE.

WISH US ALL WELL.

APOLOGIZE, I WAS NOT BETTER PREPARED.

DEAR LORD THANK YOU FOR YOUR GUIDANCE, AMEN.

>> A.

[.

LIKE A FELLOW TOLD ME, LORD DON'T CARE WHAT YOU SAY AS LONG AS YOU TALK TO HIM.

I'LL TAKE THAT FOR GOOD.

I CALL ON SECRETARY BURRIS-FLOYD CALL THE ROLL PLEASE.

[ROLL CALL] [ROLL CALL] IN TODAY.

>> GOOD MORNING.

>> GOOD MORNING MISS NICHOLS.

>> I DIDN'T HEAR MY NAME, MAKING SURE.

>> I DIDN'T HEAR MY NAME EITHER, THIS IS TEMPLE, SORRY TO INTERRUPT.

>> OKAY, WE WILL COUNT YOU PRESENT, THANK YOU ALL VERY MUCH AND APPRECIATE YOU LETTING US KNOW.

I WILL SAY THAT THERE'S A BIT OF GLARE ON THE SCREEN TODAY, SO IF YOU'RE TRYING TO SPEAK TO ME OR YOU WANT TO TALK FROM THE ZOOM I'VE ASKED MS. McCULLEN TO LET ME KNOW, BE PATIENT WITH ME AND WE'LL MAKE SURE WE RECOGNIZE YOU AS THE MEETING GOES ON.

STATE ETHICS TOOK EFFECT ON JANUARY 1, 20067, BOARD OF GOVERNORS ARE COVERED I BY THE ACT.

YOU MUST AVOID APPEARANCE OF CONFLICTS.

LOOKING AT TODAY'S AGENDA DOES ANYONE KNOW THAT YOU HAVE A CONFLICT OF INTEREST OR INTEREST THAT WOULD GIVE RISE TO THE CONFLICT OF INTEREST, LET ME KNOW NOW.

HEARING NONE WE WILL MOVE FORWARD.

TYPICALLY THIS IS WHEN I GIVE MY CHAIR'S REPORT, I WILL BE LONG-WINDED ENOUGH SO I'LL DEFER THAT TO LATER IN THE MEETING.

CALL ON PRESIDENT HANS FOR HIS REMARKS.

>> THANK YOU MR. CHAIRMAN.

THERE'S BEEN A LOT OF DISCUSSION IN RECENT WEEKS ON COLLEGE ADMISSIONS.

ALMOST ALL OF IT HAS FOCUSED ON THE SMALL NUMBER OF UNIVERSITIES WITH LOW ADMISSIONS RATES.

THE QUESTION OF WHO ATTENDS OUR COUNTRY'S MOST SELECTIVE COLLEGES IS CERTAINLY IMPORTANT.

IT'S ALWAYS ATTRACTED OUTSIZED ATTENTION.

ADMISSIONS DECISIONS AT PLACES LIKE HARVARD AND UNC CHAPEL HILL AFFECT ONLY A TINY PERCENTAGE OF THE COUNTRY'S STUDENTS BUT DRIVE HUGE PERCEPTIONS AND MISPERCEPTIONS THAT CAN IMPACT THE WAY FAMILIES ACROSS THE COUNTRY THINK ABOUT HIGHER EDUCATION.

NATIONWIDE, ABOUT 6% OF STUDENTS ATTEND THE UNIVERSITY THAT MIGHT BE CONSIDERED HIGHLY SELECTIVE.

EVERYBODY ELSE, THE VAST, VAST MAJORITY OF AMERICA'S UNIVERSITY STUDENTS ARE ENROLLING IN SCHOOLS THAT WELCOME NEARLY ALL QUALIFIED STUDENTS.

THESE SCHOOLS INCLUDING MOST OF OUR PUBLIC UNIVERSITIES ARE NOT FOCUSED ON HOW TO BE BETTER GATEKEEPERS.

THEY'RE FOCUSED ON GETTING STUDENTS THROUGH THE GATE ON AN AFFORDABLE PATH TO GRADUATION.

THE BIG CHALLENGE FACING HIGHER EDUCATION IS NOT A SCARCITY OF HIGHLY SELECTIVE ADMISSION SLOTS.

MORE THAN THREE YEARS SINCE THE DISRUPTION OF THE PANDEMIC WE'RE STILL MISSING WELL MORE THAN ONE MILLION COLLEGE STUDENTS ACROSS THE NATION.

NOT IN OUR CLASSROOMS, NOT ENROLLING IN COMMUNITY COLLEGES N A TROUBLING NUMBER OF THEM ARE NOT SHOWING UP IN THE WORKFORCE EITHER.

RICHMOND FEDERAL RESERVE LABOR STUDY REPORTS IN 2022, 18.7% OF MEN AND 12.4% OF WOMEN 25 TO 34 YEARS OLD LIVED AT HOME WITH THEIR PARENTS.

A CENSUS STUDY SHOWED 25% OF THESE ADULTS DID NOT WORK A SINGLE HOUR IN A WEEK OR GO TO SCHOOL.

NOW THAT IS A CULTURAL AND ECONOMIC SHIFT THAT SHOULD CONCERN ALL OF US.

ANOTHER SYMPTOM OF SOCIAL DISCONNECTION FOR A LARGE NUMBER OF PEOPLE WITH VERY UNCERTAIN CONSEQUENCES FOR AMERICAN SOCIETY.

THE STUDENTS WHO ARE ENROLLING ACROSS THE UNC SYSTEM ARE ARRIVING IN THE AFTER MADZ OF THE DEEPEST DISRUPTION TO K-12 SCHOOLING IN MORE THAN A CENTURY.

BASED ON EVERYTHING THAT WE CAN SEE FROM TEST SCORES AND MENTAL HEALTH CHALLENGES THOSE STUDENTS NEED MORE SUPPORT, MORE ENCOURAGEMENT, MORE ACADEMIC HELP TO SUCCEED IN HIGHER EDUCATION AND PREPARE FOR THE WORLD BEYOND.

IN THAT WORLD IT IS GOING TO BE MARKED BY CAREER PATHS AND JOB TRANSITIONS THAT ARE DEMANDING.

THE FORCES OF TECHNOLOGY AND AUTOMATION THAT TRANSFORM THE FACTORY FLOOR OVER THE PAST GENERATION MAY DISRUPT THE WHITE COLLAR SETTINGS WHERE MANY GRADUATES MAKE THEIR LIVING.

THE RAPID PROGRESS WE'RE SEEING IN MACHINE LEARNING AND ARTIFICIAL INTELLIGENCE WILL MEAN MORE PEOPLE AND MORE MOMENTS IN THEIR LIVES AND CAREERS NEED TO REFRESH THEIR HUMAN INTELLIGENCE TO ADAPT AND THRIVE.

OUR UNIVERSITIES MUST BE AGILE ENOUGH TO MEET THE NEED FOR EDUCATION ACROSS A LIFETIME, AND A LIFE-LONG RESOURCE FOR ADULT LEARNERS WHO NEED NEW SKILLS, NEW OPPORTUNITIES, NEW KICKEDTIONS AND A FAST -- CONNECTIONS AND A FAST CHANGING WORLD.

NOT ENOUGH PEOPLE SEE US THAT WAY RIGHT NOW.

CONFIDENCE IN HIGHER EDUCATION IS AT HISTORIC LOWS.

ACCORDING TO GALLUP POLLING RELEASED TWO WEEKS AGO.

BARELY ONE-THIRD OF AMERICANS HAVE A GREAT DEAL OF FAITH IN COLLEGES AND UNIVERSITIES.

HIGHER EDUCATION IS NOT ALONE IN SEEING INSTITUTIONAL TRUST REACH NEW LOWS.

BUT I THINK MUCH OF IT HAS TO DO WITH THE SENSE THAT HIGHER EDUCATION HAS BECOME DISTRACTED FROM OUR CORE MISSION OF OPEN OPPORTUNITY, TOO MUCH TIME IS SPENT ON POLITICAL ACTIVISM AND NOT ENOUGH TIME ON AFFORDABILITY, QUALITY, AND CAREER OUTCOMES.

WE CAN ANSWER THESE CHALLENGES.

IT WILL TAKE REAL FOCUS AND COMMITMENT AND IT'S GOING TO REQUIRE THAT WE CLEARLY COMMUNICATE THAT OUR 16 PUBLIC UNIVERSITIES OFFER GREAT OPTIONS FOR NORTH CAROLINIANS.

NORTH CAROLINA IS ONE OF THE FASTEST GROWING, MOST VIBRANT PLACES IN THE COUNTRY.

JUST NAMED BY CNBC AS NUMBER ONE STATE TO DO BUSINESS.

AGAIN, WE DRAW ON CULTIVATE TALENT FROM ALL WALKS OF LIFE WELCOMING PEOPLE OF EVERY BACKGROUND AND BELIEF.

THAT'S A BLESSING AND SOURCE OF DEEP STRENGTH.

IT IS XLOORD TO ME HAVING GROWN UP HERE TO SEE THE RICH AND INTERESTING WAYS NORTH CAROLINA HAS GROWN AND CHANGED.

THE UNIVERSITY OF NORTH CAROLINA HAS GROWN AND CHANGED RIGHT ALONG WITH IT.

WE WILL CONTINUE OUR MISSION OF SERVICE SO EVERYONE HAS MEANINGFUL CHOICES AND MULTIPLE PATHS TO SUCCESS.

AGAIN LET'S REMEMBER THAT A SMALL NUMBER NATIONALLY ATTEND THE UNIVERSITY THAT MIGHT BE CONSIDERED HIGHLY SELECTIVE.

BUT EVERYONE DEPENDS ON THE WORK WE DO IN ONE WAY OR THE OTHER.

FOR EXAMPLE, EVERYONE GOES TO FOURTH GRADE.

WHERE THEY LEARN TO READ WELL OR NOT.

IN LARGE PART DEPENDING HOW WELL WE PREPARE THEIR TEACHERS.

THAT'S THE CONTEXT AND SCALE OF WHAT LAYS AHEAD FOR US.

THANK YOU MR. CHAIRMAN.

>> THANK YOU MR. PRESIDENT.

APPROPRIATE REMARKS I THINK AND CERTAINLY ENLIGHTENING TO ME SOME OF YOUR COMMENTS.

NOW WE MOVE ON TO ITEM 5 ON THE AGENDA, CONSIDER ITEMS ON THE CONSENT AGENDA LIST, ITEM 5 TODAY.

ANY ITEMS BOARD MEMBERS WISH TO HAVE REMOVED FOR DISCUSSION?

HEARING NONE, ENTERTAIN A MOTION TO APPROVE.

>> SO MOVED.

>> SECOND.

>> METS AND SECOND, ANY DISCUSSION OR DEBATE?

HEARING NONE ALL IN FAVOR?

[CHORUS OF AYES] >> ANYONE OPPOSED.

>> AYE.

>> MOTION PASSES.

THANK YOU.

I CALL ON GOVERNOR ROBERTS FOR REPORT ON BUDGET AND FINANCE.

>> THANK YOU MR. CHAIRMAN.

CHAIR RAMSEY AND MEMBERS OF THE BOARD OF GOVERNORS DURING THIS MORNING'S MEETING ON BUDGET AND PLANING, CHANCELLOR GUSKIEWICZ TALKED TO FEES FOR NORTH CAROLINA GRADUATES WHOSE HOUSEHOLD INCOME IS LESS THAN $80,000 A YEAR.

AS YOU KNOW THE NORTH CAROLINA GENERAL ASSEMBLY HAS NOT PASSED A BUDGET FOR THE 2023-24 FISCAL YEAR.

WE ANTICIPATE IT WILL BE ENACTED INTO LAW BEFORE THE BOARD MEETS AGAIN O BEHALF OF THE COMMITTEE ON BINGE IT AND FINANCE THE MOVE THAT THE COMMITTEE BE DELEGATED THE AUTHORITY TO ALLOCATE FUNDS MADE AVAILABLE BY THE GENERAL ASSEMBLY IF THE STATE BUDGET IS RATIFIED PRIOR TO THE NEXT BOARD MEETING.

THERE WILL BE A SPECIAL MEETING FOR THIS PURPOSE AND THE ENTIRE BOARD INVITED TO PARTICIPATE EITHER IN PERSON OR VIA ZOOM.

THAT'S A MOTION.

>> YOU HEARD THE MOTION, DOES NOT REQUIRE A SECOND.

ANY DISCUSSION OR DEBATE?

I'M NOT ON MY GAME EITHER GOVERNOR ROBERTS.

HEARING NORTHERN, ALL IN FAVOR?

CHORUS OF AYES >> OPPOSED?

>> AYE.

>> AYE.

>> THANK YOU.

>> THE COMMITTEE REVIEWED AND APPROVED SEVERAL ROUTINE ITEMS.

THE SALE OF SPECIAL OBLIGATION BONDS FOR NORTH CAROLINA A AND T TO FINANCE THE CONSTRUCTION OF THE BLUEFORD STREET RESIDENCE HALL, A LOAN AGREEMENT AND PROMISSORY NOTE FOR UNC PEMBROKE TO FINANCE THE CONSTRUCTION OF THE CAMPUS RECREATION BASEBALL/SOFTBALL OUTDOOR COMPLEX AND REFINANCE UNCP'S SHARE OF THE OUTSTANDING 2008AUNC SYSTEM COOL REVENUE BONDS.

CAPITAL IMPROVEMENT REQUESTS INCLUDING THE AUTHORIZATION OF ZEN ANY CAPITAL IMPROVEMENT PROJECTS AT FIVE INSTITUTIONS FOR APPROXIMATELY 11.9 MILLION DOLLARS.

AND APPROXIMATELY $2.4 MILLION IN INCREASED AUTHORIZATIONS.

AUTHORIZATION FOR NORTH CAROLINA STATE TO DISPOSE OF 0.13 ACRES BY GROUND LEASE TO THE USDA'S AGRICULTURAL RESEARCH SERVICE.

THE LAST FOUR ITEMS WERE APPROVED BY THE FULL BOARD THROUGH THE CONSENT AGENDA MOMENTS AGO.

LASTLY, SENIOR VICE PRESIDENT JENNIFER HAYGOOD ANNOUNCED THE REPORT ON NEED-BASED AID FROM TUITION AND THE UNIVERSITY OF NORTH CAROLINA QUARTERLY CAPITAL PROJECT REPORT FOR JULY 1, 2023 WERE COMPLETED AND ARE AVAILABLE ON BOARD EFFECT.

THANK YOU CHAIR RAMSEY, THIS CONCLUDES MY REMARKS.

>> THANK YOU GOVERNOR ROBERTS, APPRECIATE THE EFFORTS THIS MORNING.

ANY QUESTIONS BEFORE WE MOVE ON?

HEARING NONE I ENTERTAIN A MOTION TO GO TO CLOSED SESSION.

>> SO MOVED.

[OFF MIC] >> GO INTO CLOSED SESSION PURSUANT TO NORTH CAROLINA STATUTE, GENERAL STATUTES -- YES, THANK YOU.

I CAN'T SEE THAT EITHER.

[LAUGHING] MR. CHAIRMAN?

>> WOULD YOU LIKE FOR MEREDITH, MISS McCULLEN TO READ THIS?

>> YES, PLEASE.

>> WOULD YOU MIND?

>> MR.

CHAIR, WE NEED A MOTION TO GO KNEE CLOSED SESSION PURSUANT TO NORTH CAROLINA GENERAL STATUTE SECTIONS 143-74A AND 143-318.11A1, 2, 3, 6 FOR PURPOSES STATED IN THE WRITTEN MOTION THAT WAS INCLUDED IN THE MEETING MATERIALS WHICH HAVE BEEN PUBLICLY MADE AVAILABLE.

>> THANK YOU.

SEEMS THAT JULY MEETINGS WE'RE ALL A LITTLE BIT OFF OUR GAME THIS MORNING, MYSELF INCLUDED.

YOU HAVE HEARD THE WRITTEN MOTION, DO I HAVE A MOTION TO GO TO CLOSED SESSION.

>> SO MOVED.

>> THANK YOU, CAN I GET A SECOND.

>> SECOND.

>> ANY DISCUSSION OR DEBATE?

HEARING NONE ALL IN FAVOR?

[CHORUS OF AYES] >> OPPOSED?

WE'LL MOVE INTO CLOSED SESSION, THANK YOU.

>> WE'RE BACK IN OPEN SESSION.

THANK YOU FOR YOUR DELAY IN THE HALLWAY.

ITEM 10 ON THE AGENDA, REPORT ON THE PRESIDENTIAL ASSESSMENT COMMITTEE.

THE LAST ITEM IS PRESIDENTIAL ASSESSMENT COMMITTEE REPORT.

I'D LIKE TO TAKE A FEW MINUTES TO ADDRESS.

COMPLIMENTS WE'VE SEEN IN THE LEADERSHIP OF PRESIDENT HANS ON THE BOARD.

THIS IS NOT AN EASY TIME TO LEAD A UNIVERSITY.

AS PRESIDENT HANS MENTIONED EARLIER IN HIS REMARKS A RECENT GALLUP POLL FOUND PUBLIC CONFIDENCE IN HIGHER EDUCATION IS ALL-TIME LOW.

THE IDEA THAT COLLEGE IS THE BEST PADS TO A BETTER LIFE NOISE LONGER WIDELY ACCEPTED BY AMERICAN FAMILIES.

IT IS UP TO US TO SHOW NORTH CAROLINIANS THE VALUE OF A COLLEGE DEGREE, UP TO US TO EARN THEIR TRUST N DOING SO IT TAKES DISCIPLINE, HUMILITY, AND A WHOLE LOT OF PATIENCE AND HARD WORK.

FORTUNATELY, WE HAVE A BOARD AND LEADER WHO EMBRACES THE VALUES.

WE ELECTED PRESIDENT HANS IN 2020, WE KNEW WE WERE FACING TWO-PART MISSION.

FIRST TO HELP THE SYSTEM NAVIGATE THE COVID-19 PANDEMIC AND ALL OF THE STRESS IT BROUGHT TO OUR CAMPUSES.

OUR PEOPLE, AND OUR STUDENTS.

SECOND, TO BRING THE UNIVERSITY OUT OF THE PANDEMIC IN A FIGHTING SHAPE TO TAKE ON THE CHANGED WORLD.

TODAY PRESIDENT HANS HAS CREATED A MORE EFFICIENT OPERATION AND BETTER VALUE FOR OUR TAXPAYERS.

HE'S WON THE CONFIDENCE OF STATE LAWMAKERS IN BOTH PARTIES AND OPENED DOORS FOR STUDENTS WHO ONCE THOUGHT COLLEGE WAS OUT OF REACH.

HE HAS BUILT OPPORTUNITIES FOR ADULTS AND MILITARY VETERANS WHO STARTED COLLEGE AT ONE TIME BUT NEVER HAD AN OPPORTUNITY TO FINISH UNTIL NOW.

IN YOUR BOARD MATERIALS YOU FIND A SUMMARY OF THE ACHIEVEMENTS PRESIDENT HANS, THIS BOARD, AND HIS TEAM HAVE CLOCKED OVER THE LAST YEAR.

WHEN YOU READ OVER THE LIST, AND I HOPE YOU DO, YOU WILL SEE A STORY ABOUT OUR PRESIDENT'S OUTSTANDING ABILITY AND EYE TO -- ABILITY TO KEEP AN EYE ON THE BIG PICTURE, BUILD CONSENSUS AND MAKE DECISIONS SOMETIMES VERY DIFFICULT ONES THAT BENEFIT ALL OF OUR INSTITUTIONS.

WE STRENGTHEN THE UNIVERSITIED REPUTATION AS ONE OF THE MOST AFFORDABLE IN THE UNITED STATES HOLDING TUITION, IN-STATE TUITION FLAT FOR SEVEN STRAIGHT YEARS.

THIS HAS REQUIRED DISCIPLINE AT EVERY LEVEL AND THE PRESIDENT HAS LED OUR INSTITUTIONS TO A STRONGER BUDGETING, FINANCIAL ACCOUNTABILITY, AND CAPITAL PLANNING PROCESSES.

FOR MUCH TOO LONG STATE FEDERAL AID HAS BEEN A COMPLEX ISSUE.

HE HAS STREAMLINED THE NORTH CAROLINA SCHOLARSHIP PROGRAM MAKING IT EASIER TO UNDERSTAND AND HELPING MORE FAMILIES PAY ARE TO COLLEGE.

AT THIS BOARD'S DREBS THE PRESIDENT SUPPORTED THE SECURITY TRAIN FOR CAMPUS LAW ENFORCEMENT AND ADDRESSED BEHAVIORAL HEALTH ISSUES ACROSS THE SYSTEM.

HE HAS WORKED TO GIVE LAW ENFORCEMENT OFFICERS COMPETITIVE SALARIES AND BENEFITS AND IMPORTANT TOOLS FOR US TO RECRUIT AND RETAIN PEOPLE WHO PROTECT OUR STUDENTS EVERY DAY.

PRESIDENT HANS HAS PRIORITIZED MENTAL HEALTH EFFORTS, SECURING MILLIONS OF DOLLARS IN GRANTS AND EXPANDING ACCESS TO PREVENTION AND CARE ON CAMPUSES INCLUDING SUPPORT FOR MILITARY VETERANS.

UNDER THE BOARD AND PRESIDENT'S LEADERSHIP WE HAVE TAKEN ACTION TO PROMOTE OPEN DISCOURSE AND PROTECT DISVERSITY AMONG ALL STUDENTS, FACULTY AND STAFF.

WE HAVE UPDATED THE PARK YOU WILL TY WORKLOAD POLICIES TO SERVE THE NEEDS OF EACH INSTITUTION.

WE'VE EXPANDED COLLABORATION WITH MILITARY PARTNERS AND IMPLEMENTED ACADEMIC CREDIT WITH THOSE WITH MILITARY EXPERIENCE.

FOR THE THIRD STRAIGHT YEAR, OUR SYSTEM UNDER THE DIRECTION OF THE BOARD AND THE LEADERSHIP OF THE PRESIDENT HAS SUCCESSFULLY ADVOCATED FOR DISCIPLINED SET OF LEGISLATIVE BUDGET PRIORITIES.

THAT'S A BIG DEAL ALL BY ITSELF.

SOME OF YOU EX-LEGISLATORS IN OUR MIDST KNOW THAT COMING FROM A SINGLE VOICE INSTEAD OF EVERY CAMPUS COMPETING FOR THEIR PIECE OF THE PIE I'LL SAY, IS CRITICALLY IMPORTANT THAT WE SPEAK TOGETHER, AND THE PRESIDENT HAS DONE A TERRIFIC JOB BRINGING US TOGETHER ON THAT.

[APPLAUSE] VERY APPROPRIATE.

ALL OF THESE ACHIEVEMENTS AND MORE SHOW CONSISTENT WORK OF PRESIDENT HANS, THE BOARD, AND THE UNC SYSTEM OFFICE.

THIS JOB IS A CALLING.

IT IS NEVER FINISHED.

LEADING A UNIVERSITY REQUIRESTION PA, COMMITMENT, ACCOUNTABILITY, AND RESPONSIBILITY.

IT REQUIRES A SPIRIT OF LEARNING AND SERVANT LEADERSHIP.

MODELLING WHAT WE HOPE OUR STUDENTS BRING TO THE WORLD.

I THINK OUR FORMER SGA PRESIDENT SAID IT BEST DURING HIS FAREWELL REMARKS TO THE BOARD IN APRIL.

I QUOTE, PRESIDENT HANS I WANT TO ESPECIALLY THANK YOU FOR YOUR TRANSFORMATIVE LEADERSHIP OVER THE PAST THREE YEARS.

YOUR STEADY AND PERSISTENT ADVOCACY IS WHAT THE SYSTEM NEEDS.

I COULD NOT AGREE MORE.

WITH THAT, BASED ON THE REVIEW OF THE PRESIDENT HANS' PERFORMANCE ON THE QUANTITATIVE METRICS SET BY THE BOARD LAST YEAR ALONG WITH ASSESSMENT OF LEADERSHIP AND MANAGEMENT OF THE UCHT NC SYSTEM THE PRESIDENTIAL ASSESSMENT COMMITTEE UNANIMOUSLY RECOMMENDS THIS BOARD APPROVE THE RESOLUTION BEFORE YOU.

AT THIS TIME I WILL ENTERTAIN A MOTION TO APPROVE THE RESOLUTIN CALLING FOR ONE-TIME INCENTIVE COMPENSATION PAYMENT FOR THE PRESIDENT IN THE AMOUNT OF $475,200 BE MADE AS A CONTRIBUTION TO THE PRESIDENT SENIOR ADMINISTRATIVE OFFICER RETIREMENT PROGRAM ACCOUNT.

DO I HEAR A MOTION.

>> SO MOVED.

>> SECOND.

>> WE HAVE A MOTION AND SECOND.

FURTHER DISCUSSION OR DEBATE FROM BOARD MEMBERS?

HEARING NONE ALL IN FAVOR?

[CHORUS OF AYES] >>FULLY ONE OPPOSED?

THANK YOU VERY MUCH, MOTION CARRIES.

CONGRATULATIONS PRESIDENT HANS, THANK YOU AGAIN FOR YOUR LEADERSHIP.

[APPLAUSE] >> THANK YOU.

>> THAT CONCLUDES OUR BUSINESS FOR TODAY.

NEXT REGULARLY SCHEDULED MEETING IS SEPTEMBER 14, 2023 AT UNIVERSITY OF NORTH CAROLINA SYSTEM OFFICE IN RALEIGH.

WITHOUT OBJECTION WE STAND ADJOURNED