The Administration and Finance Committee of the University of Houston System Board of Regents convened in the Melcher Board Room, Athletics/Alumni Center on Tuesday, February 7, 2006. Noting the presence of a quorum, Chairman Cemo called the meeting to order at 8:37 a.m.

Dr. Rudley presented the following items for approval by the committee:

1. PeopleSoft Infrastructure Hardware Purchase – UH System. This $1.37 million purchase of hardware is being procured to meet the infrastructure requirements of three PeopleSoft initiatives: 1) the required upgrade of the current PeopleSoft finance, human resource and student system, 2) the implementation of the student system at UH and UH-Victoria, and 3) the replacement of end-of-life components in the current environment that will no longer be supported by the vendor.


2. Authority to Temporarily Reduce Designated Tuition and Incidental Fees for Summer School 2006 – University of Houston. For the summer 2006 term only, the UH President requests authority from the Board to reduce designated tuition and non-mandatory incidental fees in selected programs.


3. Revision of Board of Regents Policy 55.04, Approval of Construction Contracts – UH System. Approval is requested of a revision to Board of Regents Policy 55.04, Approval of Construction Projects. The proposed revision adds language to clarify that project budget increases which do not exceed an aggregate amount of $1,000,000 do not require additional approval by the board.


4. Reallocation of Endowment Assets – UH System. Discussion and approval of Cambridge & Associates implementation plan to move the UH System Endowment Fund closer to its asset allocation targets. This plan includes increasing our international equity allocation to its target and increasing allocation to non-marketable alternatives.

Regent Golden moved approval of the items presented. Regent Hermes seconded the motion which passed unanimously. The committee will present these items to the board for approval at the February 16, 2006 meeting.

The following item was presented for information:

1. Report on Implementation of Perimeter Landscaping and Interior Lighting – University of Houston. A report on the implementation of campus perimeter landscaping and interior lighting was presented by Mr. David Irvin, Associate Vice President for Plant Operations.

In absence of further business, the Committee adjourned at 9:39 a.m.

All documentation submitted to the Committee in support of the foregoing action items, including but not limited to “Passes” agenda items and supporting documentation presented to the Committee, is incorporated herein and made a part of these minutes for all purposes.