USM Board of Regents Committees on Finance, Economic Development to Meet March 27

Adelphi, Md. (March 25, 2014) -- The University System of Maryland Board of Regents Committee on Finance and the Committee on Economic Development and Technology Commercialization will hold separate meetings on Thursday, March 27 at the University of Baltimore (UB).

The Committee on Finance will convene at 10 a.m. in Room 301 of the Student Center, 21 W. Mt. Royal Avenue in Baltimore, and vote publicly on whether to reconvene in closed session. In closed session, the committee would consider the acquisition of real property and a matter directly related to the contents of a contractual bid proposal.

The committee is scheduled to reconvene in public session at 10:45 a.m., during which it will vote on several action items. Those items include self-support charges and fees at USM institutions for fiscal year 2015, renewal of a food services contract at the University of Maryland, Baltimore County (UMBC), and a ground lease pertaining to service of a Verizon Wireless cell tower at Frostburg State University. Information items before the committee include a review of capital improvement projects and USM enrollment projections from 2014-2023. Background information and the full agenda are available here.

The Committee on Economic Development and Technology Commercialization will convene at 1 p.m. in the Bogolmony Room on the 5th floor of the UB Student Center to vote publicly on whether to reconvene in closed session. In closed session, the committee would discuss a matter directly related to the contents of a contractual bid proposal.

The public session is scheduled to begin at 1:30 p.m. The committee will hear a presentation regarding Harpoon Medical, a medical device company commercializing a minimally invasive surgical tool for mitral valve repair. The technology was developed in the Division of Cardiac Surgery at the University of Maryland School of Medicine. Other information items include an update on economic development bills in the Maryland General Assembly and a report on new company formation in the USM from July 2013 through December 2013. The agenda and supporting materials are available here.

Sign language interpreters and/or appropriate accommodations for eligible individuals with disabilities will be provided upon request. Please call 301.445.1901 (voice) or 301.314.7683 (TTY/ITT) to make special arrangements.

Information about directions and parking options in the UB campus area can be found here.

Contact: Mike Lurie
Phone: 301.445.2719
Email: mlurie@usmd.edu