Minutes of the regular meeting of February 28, 2023, have been provided to the Regents.

After discussion, the Board may wish to approve these minutes.

A. FACULTY APPOINTMENTS
Attached

B.  BUDGET AMENDMENTS
None

After discussion, the Board may wish to approve the Consent Agenda.

Approval is requested to proceed with the purchase of Perkins Basic funded equipment and supplies for CTE programs. This approval will cover the purchase of the attached items. The additional reallocated funds total $289,994 for 2022-2023. 

Properties foreclosed for taxes and sold at a "Sheriff's Sale" must sell for a minimum bid which is the lower of the adjusted value or the taxes due plus costs of the sale. In some cases this puts the price above what people will pay at a "Sheriff's Sale." Those properties which do not sell are then held in trust by the county/school tax office.  The law provides that they can be offered for sale by sealed bids or auction without a minimum bid at a later date.

A listing of those properties and additional information is attached at pages 5 through 6. Board approval is required because the properties are held in trust by Potter County. The Potter Tax Assessor/Collector recommends acceptance of these bids as this puts the property back in production and on the tax rolls. The motion should authorize the Chairman of the Board of Regents to execute the Tax Deeds transferring these properties to the successful bidders.

After discussion, the Board may wish to authorize the chair of the Board of Regents to execute the Tax Deeds.

 

This item is placed on the agenda in order for the Board of Regents to discuss an agreement between Amarillo College and the City of Amarillo which will allow the dedication of pedestrian lighting located at the Innovation Outpost to be made to the City of Amarillo.  In following the current urban design standard for the City of Amarillo, Amarillo College was requested to purchase pedestrian street lights.  The City of Amarillo will maintain the lighting and pay the energy cost after the dedication has been made.

After discussion, the Board may wish to vote to approve an agreement between Amarillo College and the City of Amarillo in order to dedicate pedestrian lighting located at the Innovation Outpost, to the City, and to authorize Chris Sharp to finalize the agreement with the City of Amarillo.
 

The Board of Regents will be presented the Quarterly Investment Report for the period December 31, 2022 through February 28, 2023.  A copy of the report was provided to the Regents.

After discussion, the Board may wish to approve the Quarterly Investment Report.  

 

The financial statements as of February 28, 2023, are attached.

After discussion, the Board may wish to approve the Financial Reports.

This item is placed on the agenda in order for the Board to discuss its self-evaluation for the previous year pursuant to the Board of Regents Internal Operating Procedures Section 2.13.  The evaluation results have been provided to the Regents.

No action is required for this agenda item.
 

This item was placed on the agenda in order for the Board to discuss the President’s evaluation for the previous year. The evaluation results have been provided to the Regents.

After discussion, the Board may wish to take action with respect to the President’s terms and conditions of employment and compensation.
 

There will be a closed meeting in order for the regents to deliberate the following:
No action will be taken in the closed meeting.

If during the course of the meeting, any discussion of any item on the agenda or any other permitted matter(s) should be held in closed meeting, the Board will convene in such closed meeting in accordance with the applicable section of the Texas Government Code, Title 5, Chapter 551 et seq.

NOTE:  The Board of Regents will have dinner at 5:15 p.m. in the co-worker's space at the Innovation Outpost, 1220 S. Polk Street, Amarillo, Texas 79101. A status update will begin at 5:45 p.m. in the Badger room, followed by the regular meeting at 6:45 p.m. in the Badger room.