USM Regents Committees on Finance, Economic Development Meet Sept. 7
Adelphi, Md. (Sept. 5, 2017) -- The University System of Maryland (USM)
Board of Regents Committee on Finance will meet at 10 a.m. on Thursday, Sept.
7. The meeting will take place in the Multi-Purpose Room of the Columbus
Center. The Center is located at 701 E. Pratt Street in Baltimore, Md.
The
committee will vote publicly on whether to reconvene in closed session to
discuss items specifically exempted in the Open Meetings Act from public
consideration.
Those items
are an acquisition of property in Baltimore County; proposed fiscal-year 2019
operating budget submission and potential adjustments; a consultation with
counsel regarding a proposed separation plan; and consideration of investment
of the USM Common Trust Fund.
The
committee is scheduled to reconvene in public session at 11:30 a.m. The
committee will vote on a state ethics law review for a business entity at the
University of Maryland, College Park and a proposed voluntary separation
program at Coppin State University. The committee will hear information items
on the tuition initiative between Coppin State and Baltimore City Community
College. The agenda and supporting materials can be accessed here.
At 12 noon, the Committee
on Economic Development and Technology Commercialization will meet in the
Multi-Purpose Room. The featured immunotherapy
start-up, Living Pharma Inc., was one of the first investments of UMB's New Ventures
Initiative and is the first to execute a successful exit. The committee
also will be briefed on Towson University's recent award of a $1 million STEM
grant from the Howard Hughes Medical Institute (HHMI). Additionally,
following the hiring of a new director, the committee will be advised of the
status of the USM Momentum Fund. Finally, the Committee will be updated
on selected USM economic development initiatives. The agenda and
supporting materials are here.
Sign
language interpreters and/or other appropriate accommodations for eligible
individuals with disabilities will be provided upon request. Please call 301.445.2756
(voice) or 301.314.7683 (TTY/ITT) for special arrangements. Parking is
available in the Pier V parking garage, adjacent to the Columbus Center.
Contact: Mike Lurie
Phone: 301.445.2719
Email: mlurie@usmd.edu
