Board of Regents

AGENDA

April 15-19, 2024
11:30 AM, Kosrae and Pohnpei Time | 10:30 AM, Chuuk and Yap Time

Zoom link
https://comfsm.zoom.us/j/3061339702?pwd=dnM3UmJKWW83V0JFdjhCNDNMbmVsUT09&omn=96166806719
Meeting ID: 306 133 9702
Passcode: 133187

Zoom link Topic: Board Meeting – Day 2
https://comfsm.zoom.us/j/3061339702?pwd=dnM3UmJKWW83V0JFdjhCNDNMbmVsUT09&omn=95256472570
Meeting ID: 306 133 9702
Passcode: 133187

1. Call to Order
2. Opening Prayer
3. Reading of the Mission Statement
4. Roll Call; Declaration of Quorum
5. Review of Agenda
6. Approval of Minutes
   1. December 11-14, 2023, Meeting**
7. Communications
   1. February 7, 2024: Courtesy Call by Professor Masaaki Matsushima of the Reitaku University, Japan
   2. February 8, 2024: Courtesy Call by H.E. Dr. Brian Jones, British non-resident High Commissioner to Kiribati and Tuvalu, and non-resident British Ambassador to the Republic of Marshall Islands and the Federated States of Micronesia
   3. February 12, 2024: Courtesy Call by H.E. Shambhu S. Kumaran, Ambassador of India to the Philippines, Republic of Palau, and the Federated States of Micronesia
   4. February 21, 2024: Site visit to the National Campus and the Career & Technical Education Center (CTEC) by the Office of Insular Affairs, U.S. Department of Interiors
   5. February 22, 2024: Courtesy Call by H.E. Pereric Högberg, Ambassador of the Kingdom of Sweden to Japan, and Ambassador Extraordinary and Plenipotentiary to the Federated States of Micronesia
   6. April 4, 2024: Courtesy Call by H.E. Nobuo Kagomiya, Ambassador of Japan to the Federated States of Micronesia.
8. Regents’ Reports
9. President’s Report
   1. President
   2. Vice President for Administrative Services
      1. Financial Status
      2. Investment Report by Raymond James
   3. Vice President for Cooperative Research and Extension
   4. Vice President for Enrollment Management and Student Services
   5. Vice President for Instructional Affairs
   6. Vice President for Institutional Effectiveness and Quality Assurance
10. Old Business
    1. PeopleAdmin – Participants in PeopleAdmin Training
11. New Business
    1. Review of Enabling Law, Public Law 7-79
    2. Review of Chapter 1 (Board of Regents) Policy**
       1. BP1420 Report and Auditing Procedures – (No Amendments)
       2. BP1600 Governance Structure (REVISED)
    3. Review of Chapter 5 (Fiscal Affairs) Policy**
       1. BP5012 Payroll Policy
       2. BP5013 Attendance and Leave Monitoring Policy
       3. BP5011 Petty Cash Fund
    4. Review of Chapter 6 (Human Resources) Policy**
       1. BP6028 Housing
12. Executive Session
13. Next Meeting
14. Adjournment

**Action Item

(04/13/24)