>> GOOD MORNING.

THANK YOU FOR JOINING US TODAY IN PERSON AND OVER VIDEO CONFERENCE FOR OUR HYBRID OCTOBER BOARD MEETING.

WE'VE HAD TWO PRODUCTIVE COMMITTEE MEETINGS THIS MORNING, I'M HOPEFUL WE'LL MOVE THROUGH TODAY'S AGENDA QUICKLY.

I WILL ASK THAT OUR TWO COMMITTEE CHAIRS GIVE THEIR REPORTS FROM THEIR SEAT THIS MORNING.

FIRST BEFORE WE BEGIN, I WANT TO RECOGNIZE A FEW WEEKS AGO THE PEOPLE OF WESTERN NORTH CAROLINA SUFFERED UNTHINKABLE TRAGEDY WHEN HURRICANE HELENE SWEPT ACROSS THE MOUNTAINS, DESTROYING HOMES, BUSINESSES, TOWNS, ROADS.

REMEMBERED AS ONE OF THE WORST NATURAL DISASTERS IN OUR STATE.

PLEASE JOIN ME IN A MOMENT SILENCE FOR ALL WHO HAVE BEEN IMPACTED BY HELENE AND REMEMBER THOSE WHO LOST THEIR LIVES TO THE STORM.

TO THE FAMILIES AND TOWNS WHO NOW FACE A LONG ROAD TO RECOVERY, WE SEND OUR SUPPORT, THOUGHTS, AND PRAYERS.

NEWS COVERAGE OF THE DESTRUCTION CANNOT FULLY CAPTURE ALL THAT WAS LOST.

BUT IN TIMES LIKE THESE, I AM REMINDED OF NORTH CAROLINA'S RESILIENCE, AND OF THE MANY COMMUNITIES THAT HAVE BEEN MADE STRONGER THROUGH HEALING.

THE WORST AGAINST ALL ODDS HAS BROUGHT OUT THE BEST IN PEOPLE, ALL OVER OUR STATE.

OVER SEVERAL WEEKS ALL 13 UNIVERSITIES OUTSIDE OF THE STORM IMPACTED AREAS HAVE RALLIED TO HELP UNC ASHEVILLE, AP APPALACHIAN STATE, WESTERN CAROLINA UNIVERSITY AND THE MORGANTON CAMPUS IN THE FORM OF EMERGENCY STAFF AND SUPPLIES, FOOD, STUDENT HOUSING, AVIATION SUPPORT, CAMPUS SAFETY ASSISTANCE, COUNSELING, AND MANY OTHER SERVICES.

OUR INSTITUTIONS ARE COLLECTING DONATIONS FOR THOSE IN NEED, MANY WORKING WITH NONPROFITS AND LOCAL GOVERNMENTS TO PROVIDE SUPPLIES AND SHELTER TO FAMILIES WHOSE HOMES WERE DESTROYED BY THE STORM.

MY THANKS TO NORMA HOUSTON, CHIEF OF STAFF FOR UNC SYSTEM OFFICE, AND FRED SELLERS, VICE PRESIDENT FOR SAFETY AND EMERGENCY OPERATIONS FOR THE UNC SYSTEM FOR THEIR LEADERSHIP IN THESE EFFORTS.

EQUALLY COMPELLING ARE THE STORIES OF STUDENTS WHO HAVE ESTABLISHED FOOD DRIVES AND FUNDRAISERS AND HELPED STRANDED STUDENTS CONNECT WITH FAMILY FOR TRAVEL HOME.

STUDENT VOLUNTEERS ARE ALSO BRINGING SUPPLIES TO SURROUNDING TOWNS, AND REMOTE AREAS, AND ARE EVEN CLEANING UP ROADS AND BUSINESSES.

I AM HEARTENED TO SEE THAT THE SPIRIT OF PUBLIC SERVICE, MAJOR PILLAR OF THE UNC SYSTEM IS BEING CARRIED OUT.

IN JULY I SPOKE ABOUT THE ROLE OF OUR UNIVERSITY SYSTEM AS A HEARTBEAT FOR OUR STATE.

THIS IS ESPECIALLY TRUE AS OUR MOUNTAIN INSTITUTION SUPPORT AND REBUILD COMMUNITIES THEY CALL HOME.

IN THE DAYS AND WEEKS AHEAD, I KNOW OUR UNIVERSITIES WILL CONTINUE TO BE A BEACON OF HOPE FOR THOSE IN NEED, AND I GIVE MY DEEPEST THANKS TO EVERYONE WHO HAS CONTRIBUTED TO RECOVERY EFFORTS.

THROUGH THE GOOD AND THE BAD, WE ARE HERE TO SERVE TOGETHER.

I WILL NOW ASK PRESIDENT HANS FOR A FEW REMARKS.

>> THANK YOU, MADE AND CHAIR.

TIME AND AGAIN WHEN CAMPUSES AND COMMUNITIES ARE NEED WE SEE THE MEN AND WOMEN WHO WORK AT OUR PUBLIC UNIVERSITIES SHOWING UP TO SERVE STUDENTS, TO KEEP VITAL OPERATIONS RUNNING, TO DO THEIR JOBS EVEN WHEN THEIR OWN LIVES ARE BEING UP ENDED.

MONDAY I HAD A CHANCE TO VISIT THE MOUNTAINS AND THANK MANY COLLEAGUES THERE.

IT'S BEEN AN AMAZING EXAMPLE OF PUBLIC SERVICE IN WESTERN NORTH CAROLINA OVER THE PAST FEW WEEKS AS THE CHAIR JUST OUTLINED.

AND STAFF AT APPALACHIAN STATE, UNC ASHEVILLE AND WESTERN CAROLINA KEPT STUDENTS SAFE AND FED AND SUPPORTED.

THE TEAM AT THE ARBORETUM IS WORKING HARD AFTER TREES FELL ON THEIR PROPERTY.

OUR CHANCELLORS DEMONSTRATED STEADINESS AND RESOLVE.

MANY OF THE FOLKS WHO NORMALLY GO WITHOUT MUCH RECOGNITION LED THE WAY.

THE LANDSCAPING CREW CLEARING DEBRIS, EVEN DURING THE STORM, THE DINING TEAM WHO KEPT PREPARING MEALS, THE EMERGENCY MANAGEMENT OFFICERS, THE FACILITIES MANAGEMENT TEAM, STUDENT AFFAIRS SUPPORTING STUDENTS IN NEED.

AND EVERYONE WHO MADE SURE WE HAD NO LOSS OF LIFE AMONG OUR FACULTY, STAFF, AND STUDENTS.

THEY EVEN MADE SURE OUR UNIVERSITIES PROVIDED WHATEVER SUPPORT AND RESOURCES THEY COULD TO THE WIDER COMMUNITY, FULFILLING OUR ROLE OF SERVING NORTH CAROLINA NO MATTER WHAT THE NEED, OR EVEN THE ABILITY TO COMMUNICATE WITH THE WIDER WORLD FOR DAYS.

FOUR UNC HEALTH CARE HOSPITAL ACE AYE CROSS THE REGION MANY DOCTORS AND STAFF WORKED FOR DAYS ON END TO KEEP EMERGENCY SERVICES OPERATING AT A TIME OF CRITICAL NEED, AND THEY ONCE AGAIN DEMONSTRATEDs PROFESSIONALISM AND EXTRAORDINARY DEVOTION IN SERVING PATIENTS, BEING A PLACE OF HEALING REFUGE FOR THOSE WHO ARE HURTING.

I WANT TO THANK OUR STUDENTS WHO NOT ONLY TOOK CARE OF EACH OTHER BUT ALSO STEPPED UP TO VOLUNTEER AND SERVE IN THE SURROUNDING COMMUNITIES.

THE PATIENCE, CAMARADERIE AND GOODWILL ARE WHAT YOU HOPE FOR IN A RISING GENERATION.

IN SO MANY CASES OUR FACULTY STAFF AND MEDICAL PROFESSIONALS HAVE SHOWN UP TO WORK AS THEIR OWN HOMES AND NEIGHBORHOODS SUFFERED DEVASTATION FROM THE STORM, AND I DON'T HAVE THE WORDS REALLY TO CONVEY THE FULL MEASURE OF MY ADMIRATION, AND GRATITUDE.

I FEEL FOR OUR COLLEAGUES FOR THE FULL MEASURE OF MY SYMPATHY AND HARDSHIP.

THANK YOU TO THE LAW ENFORCEMENT OFFICERS WHO KEPT CAMPUSES AND PEOPLE ON THEM SAFE.

ON MONDAY, I MET A UNC OFFICER, UNCA CENTER, WHAT YOU'LL HEAR MORE ABOUT NEXT MONTH.

HE HELPED SAVE MULTIPLE LIVES IN THE GARAN CREEK COMMUNITY OF BUNCOMBE COUNTY WHILE LOSING MEMBERS OF HIS EXTENDED FAMILY.

OVER LUNCH AFTER SAYING THAT HIS PARENTS HAD SURVIVED, HE TOLD ME HE WAS BLESSED.

SO MAY ALL OUR FAITH BE AS STRONG AS HIS.

PEOPLE SHARE WHAT THEY HAVE, PITCH IN WHERE THEY CAN.

AND FIND A DEEP SENSE OF PURPOSE IN CARING FOR THOSE AROUND THEM.

THERE'S STILL MANY HARD DAYS TO COME AND WE WILL WEATHER THEM TOGETHER, BUT FOR NOW I SIMPLY WANT TO HONOR THE TOUGH AND INSPIRING PUBLIC SERVANTS WHO ARE THE HEART OF THIS UNIVERSITY.

THANK YOU.

AND KNOW THAT WE STAND WITH YOU.

THANK YOU, MADAM CHAIR.

>> THANK YOU.

MANN.

I WILL NOW CALL ON MRS. COWARD FOR OUR INVOCATION.

>> WHEN THOMAS ASKED ME FIVE WEEKS AGO TO GIVE THE PRAYER TODAY, I THOUGHT ABOUT WHAT I WOULD PRAY FOR.

LOOKING FOR IDEAS THAT MAY HAVE NOT BEEN BROUGHT FORWARD IN THIS FORUM BEFORE.

THEN STANDING WATCHING THE SHEETS OF RAIN ... AND VIOLENT WINDS, FROM A HURRICANE CALLED HELENE ON THE MORNING OF SEPTEMBER 27th CUT OFF FROM ALL COMMUNICATION, I DIDN'T KNOW UNTIL LATE THAT -- UNTIL LATER THAT WEEKEND THAT THE PRAYERS I HAD PLANNED WOULD BE DISPLACED BY THE EVENT OF THAT DAY.

SO, HEAVENLY FATHER, I ASK THAT YOU BLESS OUR WESTERN NORTH CAROLINA COMMUNITY, AND GIVE HOPE TO THOSE WHO LOST LOVED ONES, THOSE WHO LOST HOMES, THOSE WHO LOST BUSINESSES, AND THOSE WHO LOST THEIR LIVELIHOOD.

THOSE WHO LOST EVERYTHING.

THE OUTPOURING OF SUPPORT HAS BEEN NO LESS THAN A MIRACLE.

TEXT MESSAGES WERE A LIFE LINE.

I KNOW LIVES WILL BE REBUILT, THAT WILL BE ANOTHER PEAK LEAF SEASON, STUDENTS WILL RETURN TO UNCA, BUT TODAY, HEAVENLY FATHER, THEY NEED YOUR LOVE AND YOUR GRACE.

AS MANY LOOK TO THE FUTURE THAT HAS BEEN CHANGED FOREVER FOR SOME.

IN YOUR NAME WE PRAY.

AMEN.

>> THANK YOU.

>> ALL WILL BE WELL.

>> WELL DONE.

>> THANK YOU FOR BEING HERE.

I'LL NOW ASK MS. MCCULLEN TO CALL THE ROLL.

>> CHAIR MURPHY.

>> HERE.

>> VICE CHAIR BLUE.

>> HERE.

>> SECRETARY BURRIS FLIED FLOYD.

>> HERE.

>> DR. BARNS.

>> HERE.

>> BRADLEY.

>> HERE.

>> CAMERON BROWN.

>> PRESENT.

>> HARRY BROWN.

>> HERE.

>> MR. BYERS.

>> HERE IS.

>> MR. CHATTERJEE.

MR. CHATTERJEE.

I SEE YOU.

YOU'RE PRESENT.

MR. CLARK.

>> HERE.

>> MRS. COWARD.

>> HERE.

>> MR. DAVIS.

>> PRESENT.

>> MR.FORD.

>> PRESENT.

>> MR. FRALEY.

>> HERE.

>> MRS. GREELEY.

>> PRESENT.

>> MR. HOLLEY.

>> GOOD AFTERNOON.

>> MR. HOLTON.

MR. HUTCHENS.

>> HERE.

>> MR. MITCHELL.

MRS. NICHOLS.

>> PRESENT.

>> MR. POPE.

>> PRESENT.

>> MR. RAMSEY.

>> PRESENT.

>> MR. SLOAN.

>> PRESENT.

>> MR. WHITE.

>> PRESENT.

>> MR. WILLIFORD.

>> HERE.

>> MADAM CHAIR, YOU HAVE A QUORUM.

>> THANK YOU.

DOES ANYONE HAVE A CONFLICT OF INTEREST OR INTEREST THAT WOULD APPEAR AS CONFLICT OF INTEREST UNDER THE STATE ETHICS ACT?

IF SHOW LET ME KNOW NOW.

HEARING NONE WE'LL KERR THE CONSENT AGENDA ITEMS, 3 ON TODAY'S AGENDA.

ARE THERE ANY MEMBERS WISH TO HAVE REMOVED FOR DISCUSSION.

I'LL MOVE TO APPROVE BY CONSENT.

>> SO MOVED.

>> SEND.

>> FURTHER DISCUSSION.

ALL IN FAVOR SAY AYE.

>> AYE.

>> AYE.

>> AYE.

>> AYE.

>> ANY OPPOSED?

MOTION CARRIES.

OKAY.

MR. BRADLEY, THE REPORT ON BUDGET AND FINANCE.

>> THANK YOU, CHAIR MURPHY.

CHAIR MURPHY, MEMBERS OF THE BOARD OF GOVERNORS DURING ITS MEETING THIS MORNING THE COMMITTEE ON BUDGET AND FINANCE RECEIVED REPORTS ON THE 2024-2025 NORTH CAROLINA PROMISE TUITION PROGRAM, THE GENERAL FUND EXPENDITURES AND REVENUES AND QUARTERLY REPORT FOR OCTOBER 21, 2024, EACH ARE AVAILABLE ON BOARD EFFECT.

NEXT, COMMITTEE ALSO REVIEWED SEVERAL TRANSACTIONAL ITEMS, AUTHORIZATION FOR EAST CAROLINA UNIVERSITY EDUCATIONAL FOUNDATION, INC. TO CONSTRUCT MULTIPURPOSE PRACTICE FACILITY ON STATE PROPERTY.

AUTHORIZATION FOR UNC-CHAPEL HILL TO FINANCE UNDER EXISTING COMMERCIAL PAPER PROGRAM ALL OUR PORTION OF THE COST OF CAPITAL IMPROVEMENT PROJECTS PREVIOUSLY APPROVED AND AUTHORIZED BY THE NORTH CAROLINA GENERAL ASSEMBLY UNDER 2024 HB 2912.

AUTHORIZATION OF THREE NEW CAPITAL PROJECTS, AUTHORIZATION TO REVISE PREVIOUSLY APPROVED 2021-2023 ENGINEERING NORTH CAROLINA FUTURE CAPITAL PROJECT, SUPPORTING EXPANSION OF ENGINEERING PROGRAMS AND EXISTING BUILDINGS AT N.C. STATE.

AUTHORIZATION FOR N.C. STATE UNIVERSITY TO ACQUIRE PROPERTY BY LEASE OF APPROXIMATELY 20,037 SQUARE FEET IN VENTURE 3 BUILDING ON THE CENTENNIAL CAMPUS, NORTH CAROLINA, AUTHORIZATION FOR N.C. STATE UNIVERSITY TO DISPOSE OF PROPERTY BY GROUND LEASE AT THE CENTRAL CROPS RESEARCH STATION, CLAYTON, NORTH CAROLINA.

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

SENIOR VICE PRESIDENT JENNIFER HEYGOOD PROVIDED A SUMMARY.

THIS CONCLUDES MY REMARKS.

>> THE FINANCIAL IMPACT OF HURRICANE ON OUR STUDENTS, BASED ON INFORMATION AS OF YESTERDAY A FEW BUILDINGS THAT MAY HAVE FLOODED SOME, WE ALSO HAVE NEAR SWANNANOA SOME SIGNIFICANT DAMAGE, THE NC ARBORETUM IS CLOSED TO THE PUBLIC AS THEY ARE DEALING WITH -- YOU MAY HAVE HEARD THOUSANDS OF TREES THAT ARE DOWN.

AND I DON'T WANT YOU TO FORGET PBSMC, AFFILIATE OF UNC SYSTEM AND CRITICAL PART OF EMERGENCY COMMUNICATIONS IN THIS STATE HAS ALSO HAD DAMAGE TO ITS INFRASTRUCTURE.

BUT WE'RE VERY FORTUNATE BECAUSE NOW OUR CURRENT ESTIMATE IS $18 MILLION, APPROXIMATELY, CAPITAL IMPACT AMONG THE VARIOUS INSTITUTIONS.

OUR CAMPUSES HAVE INCURRED OTHER COSTS RELATED TO RESPONDING AND RECOVERING FROM THE STORM, THOSE ARE CURRENTLY TOTALING AROUND $14 MILLION.

THESE RELATE TO DEBRIS REMOVAL, CLEANUP, MINOR REPAIRS, EMERGENCY PROTECTIVE MEASURES, MUTUAL AID THAT HAS BEEN PROVIDED BOTH TO SISTER INSTITUTIONS BUT ALSO THE BROADER COMMUNITY.

APP STATE FOR INSTANCE HOSTED RED CROSS SHELTER ON THEIR CAMPUS, UNC ASHEVILLE HAS BEEN FEEDING 300 FIRST RESPONDERS ON THEIR CAMPUS SO WE'VE INCURRED COSTS AT MUTUAL AID.

THERE'S BEEN DAMAGED EQUIPMENT, AS WELL AS INTERRUPTION COSTS.

THOSE TOTAL AROUND $14 MILLION.

LASTLY WE ALSO ARE BEGINNING TO LOOK AT ESTIMATED REVENUE LOSSES, AS YOU CAN IMAGINE THERE HAVE BEEN A NUMBER OF EVENTS THAT HAVE BEEN CANCELED DUE TO THE STORM AND ITS AFTERMATH.

WE ALSO DO HAVE INSTANCES WHERE STUDENTS AT SOME PARTICULARLY IMPACTED INSTITUTIONS MAY NOT BE ABLE TO CONTINUE AND WILL BE SOMEHOW COMPENSATED FOR THAT.

THOSE ESTIMATED REVENUE LOSSES RIGHT NOW ARE TOTALING AROUND $19 MILLION, AND THAT IS LOOKING AT REVENUE LOSSES ASSOCIATED WITH THIS CURRENT ACADEMIC TERM.

IT DOES NOT INCLUDE POTENTIAL REVENUE LOSSES THAT COULD BE ASSOCIATED IF SPRING ENROLLMENTS ARE DOWN BECAUSE OF THE RECOVERY EFFORTS IN THE WEST.

MADAM CHAIR, I WANTED TO GIVE THAT ORDER OF MAGNITUDE.

AGAIN, THIS IS AN EVOLVING SITUATION.

THERE WILL BE OTHER THINGS WE DISCOVER BUT ON THE WHOLE WHILE THOSE ARE NOT ANYTHING TO BLINK AT I DO THINK THAT OUR SYSTEM FARED VERY WELL AND THE AMOUNT OF COOPERATION WITHIN THE SYSTEM HAS BEEN I THINK VERY COMMENDABLE.

WE TALKED IN THE BUDGET FINANCE COMMITTEE WE HAVE STUDENTS AT UNC-ASHEVILLE WHO DID NOT -- WERE NOT ABLE TO RETURN HOME AND ARE BEING HOSTED AT OTHER INSTITUTIONS AND THE FACT THAT WE PULLED TOGETHER SO QUICKLY TO HELP EACH OTHER OUT IS A TESTAMENT TO THE POWER OF THE SYSTEM.

THANK YOU VERY MUCH.

>> MADAM CHAIR, IF I COULD ADD A LITTLE BIT ON THE CFO'S DISCUSSION.

I TOO APPRECIATE THE THOSE WHO STEPPED UP TO HELP SISTER INSTITUTIONS.

IT'S BEEN REMARKABLE, AND IT SHOWS THE VALUE OF THE UNIVERSITY SYSTEM IN SO MANY WAYS.

IN ADDITION TO ITEMS THAT SHE OUTLINED, WE'RE ALSO EXPLORING OPTIONS WITH LEGISLATIVE LEADERS INCENTIVES REALLY TO SUPPORT RETENTION.

UNCA-STUDENTS GIVEN THE START OF THE WATER SITUATION IN ASHEVILLE, UNCA WILL BE GOING ONLINE OCTOBER 28.

THEY ARE IN A SPECIAL SITUATION, FORTUNATE APP WAS ABLE TO START BACK YESTERDAY, WESTERN WILL DO SO MONDAY.

AS YOU ALL KNOW QUITE WELL, UNC-A HAS BEEN ENROLLMENT CHALLENGED IN RECENT YEARS, AND WE'VE REGAINED MOMENTUM UNDER THE LEADERSHIP OF CHANCELLOR VAN NORD AND DON'T WANT TO LOSE THAT MOMENTUM SO I WOULD ADD THAT ITEM, AS WELL AS WE'RE EXPLORING EMERGENCY STUDENT AID ALONG THE LINES OF SUPPORT PROVIDED DURING HURRICANE FLORENCE IN 2018.

I WILL SHARE A BIT OF GOOD NEWS RELATED TO OUR STUDENTS.

YOU ALL KNOW THE STATE EDUCATION ASSISTANCE AUTHORITY, SCAA, THAT ADMINISTERS FINANCIAL AID FOR STUDENTS IN THE STATE ALL THE WAY FROM HIGHER EDUCATION TO THE OPPORTUNITY SCHOLARSHIPS UNDER OUR UMBRELLA.

THANKS TO THE GOOD WORK OF ANDREA POOLE AND BETHANY MEHAN, THEY HAVE AVAILABILITY OF SOME FUNDS THAT WE BELIEVE WE CAN USE TO ADDRESS INCREASED EDUCATION-RELATED FINANCIAL NEEDS, AVERAGING $850 PER STUDENT FOR THOSE STUDENTS WHO QUALIFY FOR THE NEXT NC SCHOLARSHIP, AND YOU RECALL NEXT NC SCHOLARSHIP IS OUR EFFORT TO STREAMLINE THE STATE'S FINANCIAL AID PROGRAMS INTO ONE.

WE WORKED CLOSELY WITH THE COMMUNITY COLLEGES ON THIS, AND YOU'VE HEARD A PRESENTATION ABOUT IT AT PREVIOUS MEETINGS.

BUT WE BELIEVE WE CAN FREE UP A LITTLE OVER $7 MILLION DUE TO THOSE CONSERVATIVE FORECASTS TO PUT TOWARDS STUDENTS WHO QUALIFY FOR THE NEXT NC SCHOLARSHIP AT APP, UNC-A, AND WESTERN.

WE'RE HOPING TO DO THE SAME FOR THE COMMUNITY COLLEGE STUDENTS ALTHOUGH THAT WILL REQUIRE SOME LEGISLATIVE LANGUAGE AND WE'RE OPTIMISTIC THEY WILL DO SO FOR COMMUNITY COLLEGES AS WELL.

I WANTED TO MENTION THOSE TWO THEMES AND SHARE A BIT OF GOOD NEWS THINGS WITHIN OUR CONTROL WE'RE TRYING TO ADDRESS AS QUICKLY AS POSSIBLE.

>> WE SHOULD ALL RECOGNIZE WHILE THESE NUMBERS HAVE BEEN QUANTIFIED, THEY ARE ALL PRELIMINARY.

AND THERE WILL BE ADDITIONAL THINGS PARTICULARLY IN CONSTRUCTION.

ONE OF THE PROBLEMS THERE'S SUCH A VOLUME OF CONSTRUCTION THAT NEEDS TO BE DONE IT'S GOING TO BE DIFFICULT TO GET MATERIALS AND CONTRACTORS THERE, AND SO I EXPECT SOME -- THESE NUMBERS WILL CHANGE.

I DON'T WANT EVERYBODY TO GET SORT OF STUCK ON THAT AND THEN ALSO THERE'S ADDITIONAL THINGS AND LIKE THE SUPPORT UNC-A AND OTHER ITEMS THAT WILL COME ALONG WE'LL NEED TO DO.

SO IT'S A GOOD REPORT, AND THANK YOU FOR GETTING IT SO QUICKLY.

BUT I WANT TO CAUTION THERE MAY BE MORE TO COME AS WE GET IN THERE AND START TRYING TO DO WORK AND OTHER THINGS.

>> ANYBODY ON ZOOM HAVE A QUESTION FOR MS. HEYGOOD OR PRESIDENT HANS?

>> MADAM CHAIRMAN, I'LL ASK A QUESTION.

>> OKAY.

GOVERNOR CHATTERJEE.

>> YEAH, YOU KNOW THIS FUNDING FOR THIS DISASTER, ARE YOU GOING TO GET MOST OF THE FUNDING FOR THE FEDERAL GOVERNMENT AS RELIEF OR HOW MUCH WOULD WE USE TO COVER ALL THIS AND ONGOING YOU DON'T KNOW UNLESS THERE ARE TWO OR THREE MONTHS GOING FORWARD THAT HOW MUCH WILL BE THE AMOUNT.

SO WHAT IS THE PLAN?

>> MR. CHATTERJEE, I'LL TAKE A GO AT YOUR QUESTION.

ESSENTIALLY, WE NEED TO TAP OUR INSURANCE FOR THOSE PHYSICAL CAPITAL NEEDS TO THE EXTENT THAT THEY CAN BE MET.

AND WE NEED TO GO THROUGH THE FEMA APPLICATION PROCESS FOR OTHER AREAS, CLEANUP OF DEBRIS AND THAT SORT OF THING ARE GENERALLY SEEN AS REIMBURSABLE EXPENSES BUT THERE'S A PROCESS THAT WE HAVE TO GO THROUGH.

AND AT THAT POINT, WE'D BE ASKING THE STATE TO MAKE UP THE DIFFERENCE SO WHEN YOU TOTAL UP CFO HEYGOOD'S NUMBERS, REALIZE THAT IT WILL BE REDUCED COST TO THE STATE BY WHAT WE CAN RECOVER FROM INSURANCE CLAIMS AND REIMBURSEMENTS FROM FEMA.

SO, I WOULD EXPECT THE STATE WOULD HELP US IN SOME REGARD WITH SOME CASH FLOW RELATED TO OUR HURRICANE-RELATED DAMAGES AND EXPENSES BUT NOT FUND THE ENTIRETY OF WHAT WE'VE OUTLINED BECAUSE THEY NEED US TO GO THROUGH THE INSURANCE PROCESS AND FEMA PROCESS FIRST.

HOPEFULLY THAT ANSWERS THE QUESTION.

>> I THINK SO.

IT'S A LONG ROAD TO RECOVERY.

AND I JUST WANT TO -- IT'S BEEN SAID BUT I FEEL THE NEED TO SAY AGAIN, THANK YOU TO THE CAMPUSES THAT REACHED OUT TO THE ONES IN NEED AND EVERYBODY THAT'S GOING ABOVE AND BEYOND.

THE NUMBERS ARE PRELIMINARY.

ANYBODY THAT'S BEEN THROUGH THIS KIND OF EXPERIENCE, YOU JUST CONTINUE TO UNCOVER PROBLEMS THAT YOU DIDN'T KNOW YOU HAD.

SO WE'RE JUST GOING TO AULD CONTINUE TO WORK TOGETHER AND DO WHAT WE CAN TO HELP OUR STUDENTS AND GET BACK TO NORMALCY AS SOON AS WE CAN.

>> AMEN.

>> I WILL NOW CALL ON CHAIR COWARD FOR THE REPORT OF THE COMMITTEE ON UNIVERSITY PERSONNEL.

>> THANK YOU.

I THINK I'LL HANDLE THIS REPORT BETTER THAN THE PRIOR.

THIS REPORT COVERS ITEMS DISCUSSED DURING THE COMMITTEE ON UNIVERSITY PERSONNEL'S MEETING EARLIER TODAY.

THE COMMITTEE RECEIVED A PRESENTATION ON RECENT IMPROVEMENTS IN ADMINISTRATION OF HUMAN RESOURCES THROUGHOUT THE UNIVERSITY OF NORTH CAROLINA SYSTEM.

INCLUDING SIMPLIFICATION OF EMPLOYEE CLASSIFICATION, STREAMLINING OF SALARY RANGES, ELIMINATION OF LONG-TIME VACANT POSITIONS, AND UPDATED DELEGATED APPROVAL AUTHORITY FOR HUMAN RESOURCE ACTIONS.

THESE ADMINISTRATIVE IMPROVEMENTS ARE CREATING IMPROVED EFFICIENCIES AND CONSISTENCY IN THE ADMINISTRATION OF POSITIONS, SALARIES, EMPLOYEES CLASSIFICATIONS ACROSS OUR CONSTITUENT INSTITUTIONS.

THANK YOU, MADAM CHAIR.

THAT CONCLUDES MY REMARKS.

>> THANK YOU.

I'LL JUST ADD, SIMPLICITY AND EFFICIENCY, MUSIC TO THIS BOARD'S EARS.

>> AMEN.

>> OKAY.

I'LL NOW CALL ON VICE CHAIR BLUE FOR THE CLOSED SESSION MOTION.

>> I MOVE WE GO CLUE CLOSED SESSION UNDER IS 143 AS STATED IN PUBLICLY AVAILABLE WRITTEN MOTION.

>> MEMBERS OF THE BOARD YOU'VE HEARD THE MOTION, IS THERE A SECOND?

>> SECOND.

>> ANY DISCUSSION OR DEBATE?

ALL IN FAVOR SAY AYE.

>> AYE.

>> ANY OPPOSED?

OKAY.

MOTION CARRIES.

WE'RE NOW IN CLOSED SESSION.

>> OKAY.

ALL RIGHT.

OUR BUSINESS FOR TODAY IS CONCLUDED.

OUR NEXT REGULARLY SCHEDULED MEETING WILL BE THURSDAY, NOVEMBER 14th, HERE AT THE SYSTEM OFFICE IN RALEIGH.

SO THANK YOU ALL FOR ATTENDING.

I LOOK FORWARD TO SEEING EVERYONE IN PERSON IN NOVEMBER.