The February 22, 2008 meeting of the Texas Woman’s University Board of Regents was called to order at the appointed time and place by Mr. Harry Crumpacker, Board Chair and Presiding Officer. Present were Mr. Crumpacker, Mrs. Virginia Dykes, Ms. Christianne Kellet, Dr. Cecilia Moreno, Mr. Mike McCullough, Ms. Tegwin Pulley, Dr. Lou Rodenberger, Mr. George Schrader, and Ms. Sharon Venable, constituting a quorum.

There was no executive session.

The Board first considered approval of the minutes of the Board meeting of November 9, 2007. Upon motion by Dr. Rodenberger and second by Mr. McCullough, these minutes were unanimously approved. Mr. Crumpacker noted that no registrations of public testimony items were received for this Board meeting.

Mr. Crumpacker called for consideration of the Finance and Audit Committee items, the Committee being chaired by Ms. Sharon Venable. Ms. Pulley made a motion for approval of the personnel report (Exhibit 1983), the acceptance of grants (Exhibit 1984), and the contracts and agreements (Exhibit 1985). The motion was seconded by Ms. Venable and unanimously approved. A motion was made by Ms. Venable for approval of the TWU Investment Policy (Exhibit 1986), which was seconded by Mr. McCullough, and all voted in favor. After motion by Ms. Venable and second by Mr. McCullough, the Board voted unanimously to approve the TWU Endowment Investment and Distribution Policy (Exhibit 1987). Next, Ms. Venable made a motion for approval of the renewal of Hester Capital Management, L.L.C. as Endowment Funds Investment Manager from February 22, 2008 to August 31, 2009. The motion was seconded by Mr. McCullough and unanimously approved. A motion was made by Mr. McCullough and seconded by Ms. Pulley for approval of the renewal of Vaughan Nelson Investment Management, LP as Operating Funds Investment Manager from September 1, 2008 to August 31, 2009. All voted in favor. Ms. Venable made a motion for approval to expend an amount not to exceed $2.3 million from the Educational and General Fund Balance for the purpose set out in Exhibit 1988, which motion was seconded by Mr. McCullough and unanimously approved. Ms. Venable had no additional Committee report.

Mr. McCullough made a motion, seconded by Ms. Venable, for acceptance of the gifts to TWU (Exhibit 1989). All voted in favor. Mrs. Virginia Dykes, Chair of the Institutional Development Committee, said that she had no Committee report.

Next, Mr. Crumpacker called upon Ms. Tegwin Pulley, Chair of the Academic Affairs Committee, to present items for consideration. Ms. Pulley made a motion for approval of the proposal to offer the Bachelor of Business Administration degree with a major in Human Resource Management (Exhibit 1990). The motion was seconded by Dr. Moreno and unanimously approved. A motion was made by Dr. Moreno and seconded by Mr. McCullough for approval of the proposal to offer the Bachelor of Applied Science degree with a major in Health Studies (Exhibit 1991). All voted in favor. Mr. Crumpacker noted receipt of the list of faculty approved by the Chancellor and President for faculty development leave for 2008-2009. Next, Ms. Pulley made a motion for approval of awarding an Honorary Doctor of Philosophy degree in Dance to Ann Williams, founder and artistic director of the Dallas Black Dance Theatre (Exhibit 1992). The motion was seconded by Mrs. Dykes and unanimously approved. A motion was made by Ms. Pulley and seconded by Dr. Moreno for ratification of the appointment of the new Provost and Vice President of Academic Affairs at TWU, Dr. Kay Clayton. Dr. Ann Stuart, Chancellor and President, stated that she was pleased to announce that Dr. Clayton accepted the offer and that she was at the Denton campus today, looking for a house, and will be having dinner with Dr. Carolyn Gunning, current Provost and Vice President for Academic Affairs. Dr. Stuart also informed the Board that Dr. Clayton is planning to attend budget meetings in March and stated that the relationship between Dr. Clayton and the University has begun. All voted in favor. Ms. Pulley said that there was no further Committee report.

There was no Committee report from the Information Services Committee.

Mr. Crumpacker called for consideration of Student Life Committee items. Dr. Moreno made a motion, seconded by Ms. Venable, for approval of an increase in the Student Services Fee as set out in the corresponding Exhibit 1993, effective Fall 2008. All voted in favor. Dr. Moreno then made a motion for approval of an increase in the Student Union Fee as set out in the corresponding Exhibit 1994, effective Fall 2008. The motion was seconded by Mrs. Dykes and unanimously approved. A motion was made by Dr. Moreno and seconded by Mr. McCullough, and all voted in favor, for approval of an increase in the Medical Services Fee as set out in the corresponding Exhibit 1995, effective Fall 2008. Dr. Lou Rodenberger, Chair of the Student Life Committee, stated that there was no Committee report.

In the report from the Chancellor and President, Dr. Stuart stated that the University is working well and that all the improvements in processes within the University are efficient and smart. She commented that involvement in different projects have residual benefit for the University. Dr. Stuart then circulated the Texas Architecture Magazine and pointed out the featured lead article regarding the Institute of Health Sciences-Houston Campus, stating that the Houston building has received five awards. She mentioned that recognition in these types of magazines, playbills, and attendance in different events in significant locations in the State and nationally is all about creating a “buzz” about the University. Dr. Stuart commented that Regent Pulley invited her to an event at The Women’s Museum for the unveiling of Senator Kay Bailey Hutchison’s portrait and that Senator Hutchison invited her to a woman’s leadership summit in Washington, indicating that the cumulative effect of our being out there brings publicity to TWU, which benefits the University tremendously. She then announced that farewells to Dr. Gunning would be made at next meeting and thanked the Regents for their support.

In the report from the Chair and Presiding Officer, Mr. Crumpacker stated that Dr. Stuart was talking about significantly raising the image of the University, which was evident in the high quality of the students involved in different organizations, such as the Student Government Association (SGA), within the University. He praised the students that presented today and in the past and commented that, if asked when he was a student to present in front of the Board, he would have run for Mexico! Mr. Crumpacker stated that students now excel in leadership and that they are an inspiration, which is all a reflection of TWU. He then encouraged the Regents to visit the mobile “Go Center” and to ask Dr. Richard Nicholas, Vice President for Student Life, about the high school Go Centers. Dr. Nicholas stated that the Mobile Go Center was outside in the parking lot in front of the TWU Parkland Campus. He then introduced Ms. Becky Rodriguez, Director of Intercultural Services, and stated that she was responsible for the program and that Ms. Rodriguez, along with four students, will conduct today’s tour. Dr. Nicholas commented that the Center will travel to the State Fair this year for the same purpose of offering high school students college admission and financial aid application assistance and other information in an effort to increase college enrollment, adding that the information provided, unfortunately, is not only about TWU, but that it does have a certain TWU flair. The Mobile Go Center, he said, is equipped with a satellite and several computers that allow students to search for information relating to TWU and other institutions as well. Dr. Nicholas mentioned that the Texas Higher Education Coordinating Board funds the Go Centers/G-Force Program as part of the State’s Closing the Gap campaign, adding that TWU originally operated six Go Centers, but now operates 11 Centers located in area high schools in Dallas, Denton, and Collin counties. He added that the Mobile Go Center is heavily requested at area schools and other programs, commenting that it is essentially a 34-foot billboard for TWU. Dr. Stuart stated that, in the end, it matters and commented that the University previously purchased buses with painted signage, making them rolling billboards for TWU. She announced that TWU is purchasing two more buses, but that this time they are being wrapped with TWU signage instead of being painted. She informed the Regents that one of the new buses will be available for their viewing at a later meeting.