аЯрЁБс;ўџ ўџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџ§џџџўџџџ ўџџџўџџџўџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџRџџџџџџџџ РF‡YQМ€CompObjџџџџџџџџџџџџ\WordDocumentџџџџџџџџ.)ObjectPoolџџџџ‡YQМ‡YQМўџџџ ўџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџўџџџџџ РFMicrosoft Word 6.0 DocumentўџџџNB6WWord.Document.6;џў ўџ ђŸ…рOљhЋ‘+'Гй0­˜эќ/ 5 A MYa iu’ šЅџџџџџџџџMMacintosh HD:Applications:Microsoft Office:Microsoft Word 6:Templates:NormalAgendaPresident's SuiteJeannie Phillips'@zJ"I?М@ЮnYQМ@мЅhOР ei.)ѕs$Ю$ЮЮ$Ю$Ю$Ю$Ю$(%(%(%(%(%<%L%(%O(Lh%h%(%%%%%%'()()()()()()(&›(Xѓ(;O(Ю$% %%%%O(%Ю$Ю$%h%%%%%Ю$%Ю$%'(т$ќ$,Ю$Ю$Ю$Ю$%'(%—%Official Minutes Board of Regents Special Meeting of the Full Board March 27, 1997 Anchorage, Alaska Regents Present: Michael P. Kelly, President (excused at 6:45 p.m.) R. Danforth Ogg, Vice President Mary Jane Fate, Secretary Chancy Croft, Treasurer Michael J. Burns Sharon D. Gagnon Joe L. Hayes, Jr. Joseph R. Henri Joe J. Thomas Jerome B. Komisar, Executive Officer and President of the University of Alaska Regents Absent: Elsa Froehlich Demeksa Lew M. Williams, Jr. In Attendance: David Creamer, Vice President for Finance and Planning Marty Epstein, Director, Statewide Land Management John P. Keating, Provost, University of 91жБВЅFairbanks James A. Parrish, General Counsel Robert Miller, Director of Public Affairs Bill Rose, UAA Vice Chancellor for Administrative Services Jeannie D. Phillips, Board of Regents' Officer Dawn Hunziker, Board of Regents' Office Assistant I. Call to Order The meeting was called to order by Vice President Ogg at 5:40 p.m. on Wednesday, March 27, 1997. II. Adoption of Agenda Regent Thomas moved that the agenda be adopted. The motion was seconded by Regent Henri, and passed unanimously that: MOTION "The Board of Regents adopts the agenda as presented. I. Call to Order II. Adoption of Agenda III. Public Testimony IV. Executive Session V. Possible Acquisition of Brady Glacier Patented Mining Claims VI. Adjourn This motion is effective March 27, 1997." III. Public Testimony The Board of Regents heard public testimony regarding the possible acquisition of mining claims at Brady Glacier. The following individuals commented in support of the acquisition: Steve Borell, 91жБВЅMiners Association Robert Trent, UAF Dean, School of Mineral Engineering The following individuals commented against the acquisition: Chip Dennerlein, National Parks and Conservation Association Charles Gilbert, National Park Service Jack Hession, 91жБВЅChapter, Sierra Club Kevin Tritt, UAA Student IV. Executive Session Regent Henri moved the motion be passed. The motion was seconded by Regent Fate, and passed unanimously that: PASSED "The Board of Regents goes into executive session in accordance with the provisions of AS 44.62.310 to discuss matters relating to possible acquisition of Brady Glacier patented mining claims, this topic being a subject the immediate knowledge of which would have an adverse effect on the finances of the university. The session will include members of the Board of Regents, President Komisar, General Counsel Parrish, and such other university staff members as the president may designate and will last approximately one hour. Thus, the open session of the Board of Regents will resume at approximately 7:15 p.m. A.S.T. This motion is effective March 27, 1997." Executive Session Summary The Board of Regentsе Officer announced that the Board of Regents just concluded an executive session in accordance with AS 44.62.310 discussing matters relating to the possible acquisition of Brady Glacier patented mining claims, this topic being a subject the immediate knowledge of which would have had an adverse effect on the finances of the university. The session included members of the Board of Regents, President Komisar, General Counsel Parrish and other university staff members designated by the president and lasted approximately 1 hour. V. Possible Acquisition of Brady Glacier Patented Mining Claims The Board of Regents discussed and acted on acquiring the patented mining claims at Brady Glacier. Regent Henri moved, seconded by Regent Fate, and passed with Regents Burns, Fate, Gagnon, Hayes, Henri and Ogg voting in favor and Regents Croft and Thomas voting in opposition that: PASSED “The Board of Regents authorizes the administration to purchase, with inflation proofing funds, the Brady Glacier Trustеs (Trust) patented mining claims for $100,000. In the event that the university subsequently receives any income from a sale, lease or exchange of the mining claims, the Trust shall be paid 25 percent of such income up to a maximum of $2 million, provided, however, that if no other university property is sold, leased or exchanged in the transaction, or if the value of the mining claims is more than other university property sold, leased or exchanged in the same transaction, then the rate at which the Trust shall be paid is 50 percent of such income up to a maximum of $2 million. If, instead of a land exchange, the claims are developed by the university or its representative, no cap shall be placed on the Trust’s 50 percent share of any income received by the university. The administration is authorized to execute all documents necessary to complete this transaction. This motion is effective March 27, 1997.” VI. Adjourn Vice President Ogg adjourned the meeting at 8:15 p.m. on Wednesday, March 27, 1997. Official Minutes Special Board of Regentsе Meeting March 27, 1997 Anchorage, Alaska  PAGE 4  PAGE 1 ™*Ља|HHк(џсџсљEG(ќHHи(d'`аЯрЁБс;џў џџџўџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџSummaryInformation(џџџџџџџџџџџџнџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџЮnYQМ@Microsoft Word 6.0.113џў џџџўџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџDgvЃВсю|}€Žђѕі ‚ŠŽ“ЄЁ Є Ѕ Ж З И ' / Г Д Ь х PQmntЕЖЗЛдечя№ј;@_ЄМзйлќџe…Ž’“šѕ'HMNTUVW[\bcdeўћћћїўћўўћўћўўћўћћћўўћўћўєћ№ў№ў№ў№ў№ў№ў№ў№ў№ў№ў№ў№ў№єўћюыюхухуххухухP uDPUccUIIUV^U^UZehiюўu"DSefgxyЌЬцў 2BPQ{ЂЃГДЫрс№ё([”ЖрJ|}ŽњР!њР!њР!њР!їР!їР!їР!єР!єР!єР!єР!єР!єР!єР!єР!єР!єР!єР!єР!єР!єР!єР!єР!єР!єР!єР!єР!єР!єР!єР!єР!єР!єР!єР!єР!єР!єэшшhа0§(№ё  ‚‰ŠРСвщџUacŽЄЅ[ \ „ К Л ј љ 6 ] ‡   Ё З И ' ћіііћі№ішшшшшшшшлбЯЯЯћЫЫЫЫЫЫЫЫЫЫЯЯЯћа а а аp а аp0§h hа$' ) 0 1 Ы Ь ц ч QRЕЖmnuv:;Ž›œєѕ(7IJKLXYўљљљѓѓыљхххљљљтљтљљљљљљљљххихжжжжжжўдў  а а0§€ 0§ 0§а&YZfghiўўќќіа0§K @ёџ Normal ]a c"A@ђџЁ"Default Paragraph Font @ђ Header рР! @ Footer рР!)@Ђ Page Numberiir!џџ џџ џџ џџђ(iWdrueю ' YiX_afmou!џ•€!џ•€—President's SuiteCMacintosh HD:Board Mtgs/1997:Special March 27 1997:Minutes 3/27/97 President's Suite(Reiko:Temporary Items:Word Work File A 3President's Suite(Reiko:Temporary Items:Word Work File A 3President's Suite+Reiko:Temporary Items:Word Work File A 4078President's Suite+Reiko:Temporary Items:Word Work File A 2566President's Suite+Reiko:Temporary Items:Word Work File A 2566President's Suite+Reiko:Temporary Items:Word Work File A 2566President's Suite+Reiko:Temporary Items:Word Work File A 2566President's Suite+Reiko:Temporary Items:Word Work File A 3702Jeannie PhillipsCMacintosh HD:Board Mtgs/1997:Special March 27 1997:Minutes 3/27/97 џ@€єєєє*ФжLMTimes New Roman Symbol MArial MTimesMPalatino"1ŒаhcfQЪІQЪІ nƒь;AgendaPresident's SuiteJeannie PhillipsаЯрЁБс;џў џџџўџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџ