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[piano intro] [stately orchestral music] ♪ >> OKAY, GOOD MORNING, EVERYONE.

I THANK EVERYBODY FOR BEING HERE EARLY SO WE COULD START TRYING TO BE EFFICIENT WITH EVERYONE'S TIME.

I WANT TO WELCOME EVERYBODY ON ZOOM AND HERE IN THE ROOM, AND BEFORE WE GET STARTED, I WANT TO -- I KNOW GOVERNOR BRADLEY THANKED EVERYONE AT THE BEGINNING OF THE BUDGET AND FINANCE MEETING, BUT I WANTED TO SAY HOW WONDERFUL YESTERDAY WAS.

I THINK YOU CAN AGREE WITH ME THAT SOMETIMES THINGS LIKE THAT ARE PA PAINFUL, AND I DIDN'T WANT IT TO BE PAINFUL FOR ANYONE.

I'LL CALL OUT MEREDITH BECAUSE SHE SECURED THE VENUE.

GOVERNOR RAMSEY HELPED WITH IT.

EVERYONE AT THE SYSTEM OFFICE KNOCKED IT OUT OF THE PARK.

THE SOUND WAS GREAT.

THE PRESENTATIONS WERE AWESOME.

THEY WERE ENGAGING, USEFUL INFORMATION.

WE SAW HIDDEN TALENT FROM GOVERNOR BARNES IF YOU NEED TO GET RID OF YOUR DAY JOB, YOU MIGHT CAN GET ON STAGE AND ENTERTAIN.

IT WAS GREAT.

I WAS SO PROUD WHEN I LEFT YESTERDAY TO BE PART OF THE UNC SYSTEM.

I THOUGHT THAT YOU ALL REALLY SHOWN.

YOU SHOWED EVERYBODY WHAT WE WERE DOING.

I WAS PROUD TO BE PART OF THAT.

I WANT TO THANK EVERYBODY.

[APPLAUSE] >> I'M SO PROUD OF OUR TEAM.

>> VERY PROUD.

LET'S GET STARTED.

I'M GOING TO ASK MR.

HOLLEY TO GIVE THE INVOCATION.

>> HEAVENLY FATHER, IT IS ALWAYS A PRIVILEGE TO COME HUMBLY BEFORE YOU AND THE GREAT WITNESS OF THIS DISTINGUISHED BODY, AND ON BEHALF OF MY COLLEAGUES IN THE SPIRIT OF THANKSGIVING AND PETITION.

YOU HAVE IN YOUR AWESOME WONDER BESTOWED TO OUR STEWARDSHIP AN EXTRAORDINARY CHARGE.

OUR BELOVED PUBLIC UNIVERSITY SYSTEM OF NORTH CAROLINA, A BEACON OF RESEARCH AND ENLIGHTENMENT, AND OF HOPE AND TRANSFORMATION.

NOW, TO THIS SACRED CHARGE FOR WHICH WE ARE EVER GRATEFUL, WE PETITION YOUR COVER AND BLESSINGS UPON ALL OF THOSE COMMITTED TO THIS END.

OUR CUS CUSTODIANS, PUBLIC SAFETY OFFICERS, STAFF, FACULTY AND CHANCELLORS AND TRUSTEES.

OUR SYSTEM PRESIDENT AND HIS CABINET, AND OUR STUDENT BODY AND ITS LEADERS, AND OUR BOARD OF GOVERNORS AND ITS HONORABLE CHAIR.

MORE SO, FATHER, IN ALL OUR ENDEAVORS TO SERVE OUR SACRED CHARGE, WE ASK FOR YOUR GUIDANCE AND WISDOM.

HELP US.

HELP US, OH GOD, TO SERVE OUR UNIVERSITY SYSTEM WITH HEARTS FILLED WITH HUMILITY, INTEGRITY, COURAGE, AND LOVE.

LASTLY, WHEN WE -- WHEN WE WHO ARE GATHERED AROUND THIS TABLE OF THOUGHTFUL AND RESPECTFUL DISCOURSE REASON AND RESOLVE, HAVE FINISHED OUR COURSE OF SERVICE ON THIS BOARD, WE PRAY IN THE PRECIOUS NAME OF JESUS TO HEAR THE AFFIRMING WORDS SET F FORTH IN THE BOOK OF MATTHEW -- WELL DONE, WELL DONE, WELL DONE, MY GOOD AND FAITHFUL SERVANT.

AMEN.

>> SECRETARY BURRIS-FLOYD, WILL YOU PLEASE CALL THE ROLL?

>> GOOD MORNING, EVERYONE.

CHAIR MURPHY?

>> HERE.

>> VICE-CHAIR BLEW?

BLEW?

BLUE?

HERE.

>> MR.

BRADLEY?

>> HERE.

>> MR.

BLUE?

>> MR.

BYERS?

>> HERE.

MR.

STRATEGY?

HERE.

>> MR.

DAVIS?

>> HERE.

>> MR.

FORD?

>> PRESENT.

>> MRS.

GREELEY?

>> HERE.

>> PASTOR HOLLY?

>> GOOD MORNING.

MR.

HOLTON?

>> HERE.

>> MR.

HUTCHENS?

>> HEECH.

HERE.

>> MR.

LIMON?

>> HERE.

>> MR.

MITCHELL?

>> HERE.

>> MRS.

MITCHELL?

>> STILL HERE.

>> MR.

POPE?

>> PRESENT.

>> MR.

RAMSEY?

>> PRESENT.

>> MR.

WHITE?

>> PRESENT.

>> MR.

WILLIFORD?

>> YES, MA'AM.

>> MADAM CHAIR, YOU HAVE A QUORUM.

>> THANK YOU.

LOOKING AT TODAY'S AGENDA, DOES ANYONE HAVE A CONFLICT OF INTEREST OR APPEARANCE OF CONFLICT OF INTEREST UNDER THE STATE ETHIC'S ACT?

IF SO, LET ME KNOW NOW.

WE'LL CONSIDER THE CONSENT AGENDA ITEMS LISTED AS ITEM 3 ON TODAY'S AGENDA.

ARE THERE ANY ITEMS MEMBERS WHICH TO REMOVE FOR DISCUSSION?

HEARING NONE, I'LL ENTERTAIN THE ACTION ITEMS BY CONSENT.

>> SO MOVED.

>> SECOND.

>> DISCUSSION OR DEBATE?

ALL IN FAVOR INDICATE BY SAYING AYE.

OPPOSED?

>> WE ARE GOING TO HEAR OUR ONE AND ONLY COMMITTEE REPORT ON BUDGET AND FINANCE FROM MR.

BRADLEY.

>> THE COMMITTEE OF BUDGET AND FINANCE RECEIVED A PRESENTATION ON NC TUITION REPORT.

THE FULL REPORT IS AVAILABLE ONBOARD EFFECT.

THERE WERE EIGHT TRANSACTIONAL ITEMS THAT THE BOARD APPROVED.

THE 2025 HURRICANE HELENE GRANT TO UNC NASHVILLE.

AUTHORIZATION OF SEVEN INSTITUTIONS.

AUTHORIIZATION OF SPECIAL OBLIGATION BONDS, FOR THE SALE OF SPECIAL OBLIGATION BONDS UNC CHAPEL HILL, PAPER FOR UNC CHAPEL HILL AND NEW PAPER PROGRAM FOR UNC CHAPEL HILL.

IN ADDITION, SALE OF SPECIAL OBLIGATION BONDS UNC WILMINGTON.

FINALLY, DISPOSITION OF PROPERTY BY LEASE FOR NC STATE UNIVERSITY.

THANK YOU, CHAIR MURPHY.

THIS CONCLUDES MY REMARKS.

>> ANY QUESTIONS FROM THE GROUP?

I'LL ASK SECRETARY BURRIS-FLOYD FOR THE CLOSED SESSION MOTION.

>> I MOVE THAT WE GO INTO CLOSED SESSION UNDER CHAPTER 143 OF THE GENERAL STATUTES AS PUBLICLY MADE AVAILABLE IN THE WRITTEN MOTION.

>> MEMBERS OF THE BOARD, YOU HAVE HEARD THE MOTION.

MAY I HAVE A SECOND?

ANY DISCUSSION?

ALL IN FAVOR INDICATE BY SAYING AYE.

OPPOSED?

OKAY.

WE'LL MOVE INTO CLOSED SESSION.

>> OUR BUSINESS IS CONCLUDED FOR TODAY.

IT'S BEEN A GREAT TWO DAYS TOGETHER.

I LOOK FORWARD TO SEEING EVERYONE BACK THURSDAY NOVEMBER 20TH HERE AT THE OFFICE FOR OUR NEXT SCHEDULED MEETING.

HAVE A GREAT WEEKEND.