Regents Authorize Sale of Bonds for New Residence Hall

The Eastern Kentucky University Board of Regents, meeting in regular session Wednesday, Sept. 28, authorized the sale of up to $21.6 million in bonds to plan and construct a new student residence hall facility.

The 83,000-square-foot suite-style housing facility would be located along Kit Carson Drive just north of the New Science Building. It is anticipated that construction would be complete by Fall 2013.           

In other business, the Board approved the University’s Comprehensive Diversity Plan. The Plan’s four goals, all supported by key performance indicators, are:

·         Increase enrollment of diverse students.

·         Increase retention rates, graduation rates, degrees and credentials conferred to diverse students.

·         Build and sustain the University’s capacity for excellence through recruitment and retention of diverse faculty, other professional staff and executive/administrative/managerial staff.

·         Create and maintain an inclusive, equitable and diverse environment.

The Board also:

·         Voted to retain its existing slate of officers: Craig Turner, vice chair; Steve Fulkerson, secretary; Virginia Underwood, assistant secretary; and Deborah Newsom, treasurer. The Board Chair position held by Gary Abney was not up for re-election.

·         Approved a “clean” external audit report from Crowe Horwath.

·         Tabled a Student Assistance and Intervention Team Policy until the Board’s next meeting.

                  * Approved a resolution commending the service of former Regent John Bizzack, whose term expired.

Published on September 29, 2011