Utah System of Higher Education

Virtual Meeting

Monday, October 24, 2022

COMMITTEE OF THE WHOLE

Minutes

Board Members Present                                                                Board Members Absent               

Lisa-Michele Church, Chair                                                                  Julie Beck

Jesselie Anderson, Vice Chair                                                               Stacey Bettridge

Grace Acosta                                                                                             Pat Jones

Stan Albrecht                                                                                            Steve Starks

Rich Christiansen

Sanchaita Datta

Hope Eccles

Arthur Newell

Shawn Newell

Scott Theurer

Xitlalli Villanueva

Rick Wheeler

Office of the Commissioner

Dave R. Woolstenhulme, Commissioner of Higher Education

Geoffrey Landward, Deputy Commissioner

Alison Adams-Perlac, General Counsel

Trisha Dugovic, Director of Communication

Malin Francis, Director of Facilities & Planning

Brynn Fronk, Executive Assistant to the Utah Board of Higher Education

Loreen Olney, Administrative Assistant

Juliette Tennert, Chief Financial Officer

Melissa Van Hien, Executive Assistant to the Commissioner

Other Guests

Deneece Huftalin, President, Salt Lake Community College

Chris Martin, VP for Finance and Administration/CFO, Salt Lake Community College

Kelly Murdock, Director, Stifel Public Finance

Kevin Olsen, Assistant Attorney General, Utah Attorney General’s Office

Committee of the Whole

Chair Church called the meeting to order at 2:00 p.m.

Salt Lake Community College Nontraditional Arrangement

Juliette Tennert introduced the agenda item to the Board. She provided a history of the arrangement. President Huftalin reviewed the details of the agreement with the Board members. Chris Martin went through the model itself and the financial details. He provided the history and current state of the Salt Lake Community College P3 Project. President Huftalin shared that they put a pause on the project due to the volatility of the market. Board members asked questions about maintenance, rent setting, students selected to live in the housing, campus safety and resources, and insurance liability requirements. Board member Shawn Newell moved the Board approve the Salt Lake Community College non-traditional arrangement subject to the Attorney General’s Office’s approval as to form of the associated contracts. He also moved that Salt Lake Community College return to the Board for further approval if either there are material changes to the agreement or the agreement is not finalized within three months. Board member Sanchaita Datta seconded the motion and the motion passed.

The meeting adjourned at 3:00 p.m.

Date Approved: November 18, 2022