Audio Recording of Meeting, 2011 May 6

American Idol so I think we can roll.
Okay, thank you everybody.
Just wanted to call the meeting to order.
And before we review the meeting minutes and get going with the formal meeting,
I wanted to do things first.
This is the last meeting for Susanna and Bill and their respective
positions as members of the council.
And I wanted to introduce a resolution for each of them
acknowledging the outstanding work they've done on the council.
And obviously just by being here their commitment to the university speaks for
itself. In your packets you should have each received a copy of that
resolution. They're somewhat similar and I'm just going to read them
first for use Susanna. Thank you.
Whereas Susanna, Professor Susanna Fessler served as the faculty
representative to the University Council for the 2010-2011 academic year.
And whereas in that position she effectively represented the instructional
faculty and professional staff of the University at Albany thus facilitating
the work of the council meeting its statutory responsibilities
under section 356 of the New York Education Law.
And whereas she offered important insight and counsel to the University
Council on a broad range of issues brought before the body for consideration
in action. And whereas she undertook this assignment in a professional and
responsible manner. Therefore be it resolved that in recognition of her
services as a faculty representative the council expresses its gratitude for
her active participation and leadership, especially during a period of
institutional and statewide budgetary reductions.
And therefore be it further resolved that the University Council extends its
good wishes to her as she assumes her duties as the Chair of the
University Senate for 2011-2012. And I just want to say thank you
on behalf of all of us and acknowledge everything you've done and
hopefully if I could get a motion to pass the resolution.
So move. Second move.
Great. Wonderful. Bill, we say glowing things about you too.
It's a little bit similar. I'm going to read the first part
two paragraphs. The rest follows similar to the other.
Whereas Bill McCann Jr. Esquire served as the alumni representative to the
University Council for the 2010-2011 academic year.
And whereas in that position he effectively represented
150,000 alumni of the University of Albany thus facilitating the work of
the Council in meeting its statutory responsibilities under section 356 of
the New York education law. And it follows like Susanna's and once again thank
you for everything you've done. I think you've really opened our eyes even
further about the great work that the Alumni Association does and really
brought these two bodies closer together. And I know okay we're going to get to
you as part of this meeting who is succeeding for Bill.
But again thank you to everybody. And if I could get a motion and
furtherance of Bill's resolution so move.
Thanks. Every bidding favor?
Hi.
That vote was also for Susanna since we didn't take a vote for her.
We did. We got motions. We got motions. We never got a vote.
Oh we didn't get a vote. That's right.
So I was just on the governance committee too.
The answer is we do the Soros. You should have noticed that.
There is also a resolution for Steven Gwari as well.
The student member and I would ask if we could get a motion.
Steven's not here so I think we can truncate that a little.
A motion. I move this resolution. Everybody in favor?
I move.
All right so past thank you.
Do you want to introduce Kay or Bill? I think you don't want to.
Bill you want to introduce our new member?
Yes. Can you case you don't tell him?
The sort of tremendous job at the Alumni Association of the Vice President.
She had a part of the Strategic Planning Initiative and our steering committee.
Bring full speed into her term as president which will be president for two years.
And she was President Philip Big Brother or Big Sister?
Sister.
Yes.
And it's homically.
I'm not saying.
I was looking at him and he always says that big sort of point back when they had.
Well see I'm now calling her my little sister.
Kisses old disturbed by the fact that she's a year older than me.
But Kay has had a long experience at the university and worked for the Central
Administration for many years. And so she brings a diverse background
in her academic background and also her experiences here at the University of the number of positions.
So she is sort of the awesome job of work side to have her.
Thank you Bill.
Welcome. Thank you.
I'm great to have you.
We have a very full agenda today.
I think it just says as a sort of motion of protocol here.
Did anybody have any comments on the minutes from the last meeting?
And if not, can I get a motion to pass the minutes?
John Balon?
I'm motion.
I'm motion.
It's Dan Goul.
Rob is nervous.
I second that motion.
I think John on the minutes, one of these things.
Everyone in favor?
All right motion passes.
Need more Google hits.
I don't know.
Is she?
Can you pass?
How are you on the phone?
Not yet.
Okay.
She has to try to sit.
I really love this panel.
So she's on the phone.
I think before we turn to the report from George,
I mean everybody is focused on the legislation
and sort of as it evolves over time.
I know we're going to hear from George as to what that is,
what we think it is and what it might become.
And as a body, I think we've changed,
exchanged some emails and correspondence.
I know we've done our best to stay on top of that George.
And I think it's been first and foremost in our minds.
Obviously our ability,
not only compete financially, but compete with our peer institutions
and have the opportunity to continue the vision that you have
and others have for this institution.
So rather than sucking up a lot of time with my views on it,
I thought we'd start with your comments
and I think we'll get into it a little bit.
I'll try and go quickly because I do have a lengthy report.
But I will start out by congratulating Dr. James Jackson,
who has been appointed to the New York State Board of Regents.
And so we have even more information.
I'm going to give him a big hand.
What was the responsibility?
Jim is retired, but he's a failed retiree like I am.
All of you have been reading about UB2020
and the machinations that have gone on
about possibly passing individual legislation
for the University of Buffalo and the possibility
of adding Stoneybrook and having University at Albany
and Binghamton be relegated to a second tier
or phase two type of process, which was unacceptable,
frankly, from my perspective.
We've been very vocal.
We had a particularly good week
in that we were able to, well, we were able.
The local chambers of commerce,
the local economic development entity
invited a group of, it turned out to be 130 business people
to a meeting.
It was a very impressive turnout,
very strong support for the University.
In turn, we've finally gotten a series
of very, very good pieces in the newspaper.
We interestingly enough,
I've also gotten access to the right people downtown.
We've spent time with all the leadership
in the legislature.
We've spent time with the governors,
frankly, the governor's top guy.
We met individually with the lieutenant governor.
We've had numerous opportunities to explain
how, why it is so important that the University of Albany
be included in any proposal.
And to be really honest with you,
if you're talking about game changers,
we're the only game changer in town.
We've succeeded where others have failed.
And we certainly should not be punished for our past success.
Anyway, the governor announced a program funded by the governor
to the tune of $80 million and SUNY for $60 million.
The money from SUNY came from their emergency capital fund.
So they made sure that we knew that.
So it wasn't as though they were hoarding the $60 million.
Came out of emergency funds.
$140 million, but the four university centers
will have the opportunity to compete for.
The proposals, we've already submitted a plan.
And frankly, if you were to just imagine the fact
that we had a whole cadre of people that literally worked 18 to 24 hours a day
for five days to get this together.
I know I'm going to have to throw my couch out
because Vince left their three nights.
I won't sit on it.
Not next.
But it was a young and zephyr to get this plan out.
It's a very good plan.
We will, there will be a distribution of the plan
and it's next iteration.
So if you all get to see it.
In the meantime, we're in the mix.
We are now called upon to come up with another proposal.
That proposal is one that will be reviewed
by ESDC, SUNY and the governor's office
to determine whether or not we qualify for that $35 million in capital funding.
So what was the first proposal for that?
The first proposal was a proposal that said we were prepared.
It's kind of an interesting, it's kind of an interesting dynamic.
When we first started meeting with the leadership,
we were told that well, the reason that Buffalo and Stony Brook
might go first is because they're ready to go.
And we said, well, wait a minute, we're ready to go.
And frankly, our proposal, I believe, is the best of the four
in terms of being ready to go.
We did a very good job because we do have plans that have been
on the table for a long time.
So it's not like we had to start from scratch.
This proposal is going to be consistent with the parameters
that were established for this particular $35 million grant
competition.
We need to detail the areas of academic focus that we're consistent with our mission
that we're going to be looking at.
We're going to have to tie in a significant economic development component
to the proposal.
We're going to have to show examples of partnerships, public-private partnerships
that can be facilitated as a result of the proposal.
We need to show us substantial amount of local support,
which we're in the process of getting.
We need to show how we are going to leverage that $35 million
into a far bigger program of economic development and construction.
And I'll get back to that point a minute.
I'll get back to that point in a minute.
And we need to detail our expansion plans that will result from this aggregated program.
The expansion plans are both capital and people hiring
with a commensurate economic impact.
In any event, the interesting part of this whole thing is that none of this is achievable.
And to be honest with you, if we get no tuition relief, if we don't get, and frankly,
tuition relief, which is an excess of what they call rational tuition, rational tuition,
the amount that we're talking about for that gets us to the point where we can barely,
not quite, but barely balance our budget.
That money has to be used for operating purposes.
There is no way I can use that.
I cannot monetize that revenue for anything to do with capital.
That has to be used for people that has to be used for operating monies.
So if we get rational and nothing else, this is a non-starter for us because we just can't afford it.
If we get rational plus, which is this program that has been identified as a potential,
which is rational tuition, plus an incremental amount that would apply to the university centers,
to use primarily to drive economic development.
We can then monetize the cash flow.
Part of the plan is an increase in enrollment for the university over a period of time.
That increase over a 10-year period is about 5,000.
A difficult task considering that the demographics at the state of New York are just the opposite.
There will be a 30% decline in high school graduations by the end of the decade.
The actual catchment area is different.
We're going to have to change our whole emphasis.
We're going to have to look at far more out-of-state students, far more international students,
far more non-traditional students.
Look at the prospects of distance learning and a number of other new paradigms as to how to
accommodate what will be the new university going forward.
All of that is, we're mindful of that and we understand that that's something that has to be done,
regardless of what's going on here. We have to do that.
The argument as to who's at the table, those of you who are local have been reading this stuff that
Buffalo's at the table and maybe Stony Brook's at the table and University Albany and Buffalo
are not at the table. Whatever table we're talking about, I guess we're at.
It's a party incidentally that nobody got any invitations to.
I called Deb Blinken because one of the newspaper articles, she said that she was
invited to this meeting and I said, what's going on?
She said, well, I read a newspaper, I was invited to the meeting, but I don't know many meetings.
But in any event, we're at the table. Whatever that might mean.
We think right now that the conversation is strictly for four centers.
We're mindful of the fact that Buffalo has had a lot of traction in the past and that there is a
bill that's already been passed by the Senate, which is solo for Buffalo. We can't forget the fact
that that's out there and it's been passed. So we have to be careful there.
The community has stepped up. The Times Union has stepped up. They have done a fabulous job
in terms of supporting the University. We intend to continue the push for community and
media support. We are frankly optimistic that our approach has been the best approach.
I think we got Vincent, I got down to the Lieutenant Governor's office about an hour after
our media with the business community and he was aware that the meeting had happened.
Which is good news. That means that it may have an impact that the news got down there.
We have submitted two featured projects for this proposal. The featured projects are a biomedical
informatics, a biomedical information innovation research plaza. It's a hundred million dollar
project. It builds on our strengths in biomedical sciences and information technology. It will house
pretty much the a new biomedical operation and our current college of computing and information
and allow for some of the expansion there. We are coupling that with private sector opportunities
that we think are very feasible for us in terms of partnerships. We are hoping that that will
attract and spur additional development and it will be a catalyst for economic growth that we can
quantify for our initial submission. This is just one of the many projects that are attached to this
thing. The other thing is that and incidentally in this particular instance, much of this has
been on the drawing board. This is not something that we have had to sort of make up on the way.
The other project is actually we are hoping that it will be on the Haramon campus.
That campus. That campus. You will be interested. A lot of it may be predicated around building one.
Your old digs. Civil service. So they can, yes.
Yeah. So that is also, and incidentally with a building one, approach the price tag goes down.
So that is also a possibility. The other is alumni quad, midtown rehabilitation initiative,
around $57 million. That is also a plan that was in the works. The beauty of that plan is that it
can leverage the $35 million. Since it has a lot to do with stormatories, we can use different
types of fund and different types of debt to accommodate that. That is actually a very feasible
project. What that would do is rehabilitate that entire facility, expand it to add for mixed
use, retail and other amenities that we can partner with private sector on. That would end up
creating some additional growth. Do a lot to improve the neighborhood that is down there because
we certainly need to improve our relationships with that neighborhood. That is also a project
that has been worked on for some time. That is in the works. We again need to continue the
pressure. We need to continue to step up and you will see probably another flurry of media and
another flurry of business support activities because we have been informed pretty much that
the governor has done his thing and it now is up to us to do our thing to get the legislature to
to be supportive. Those of you who are familiar with the legislature recognize that this is
anathema to the assembly and has been for some time so we need to convince them that this is
critically important. So this whole process is still all tied to legislative? It is tied to
as far as I am concerned it is tied to legislation because absent tuition dollars.
You can't do anything. The $35 million is nice to have but I will tell you that and I could spend it
and I could build something. The real change is when you could legislate it. Well I couldn't clean it.
I couldn't heat it. I couldn't pull it. I couldn't staff it. I couldn't occupy it. But I could build it.
You know so I mean it is ridiculous. I just shut up. I have to be good. Anyway, budget wise we
continue to have our difficulties. The budget does enacted as you know called for an additional
$132.5 million cut to SUNY, our share of the cut which we have yet to be assigned.
But based on the past allocations it will be between 10 and a half and $11 million.
We have anticipated a cut. We didn't anticipate as big a cut and in our budgeting we actually
anticipated a tuition increase as you have to come. So I can't tell you what the full impact is
of the budget cuts until I understand whether on the revenue side whether I'm going to get additional
tuition dollars. There is a consensus that we will be able to get an increase in out or out of
state tuition and in our graduate tuition which is also a mixed bag because the last time we had a
70% increase in out of state tuition we had about a 30% decline in out of state students.
So it's a matter of supply and demand. You know it is not a that much of a flexible market where
you can just charge anything you want. I know we think it should be able to because it's a wonderful
university but if you're living in Ohio you have choices and you can go elsewhere. The other
thing as far as graduate students, frankly our doctoral students, our liability in the sense that
most of the tuition dollars are paid by us. So it's not exactly a thing. So we probably would have to
look at increasing our master's cohort substantially to actually make a meaningful difference
by having that graduate tuition go up. But again we don't know. We don't know whether the
the tuition increase will occur. We don't know whether it will be rational, whether it will be
rational plus, whether rational will be further limited. We're told that 5.5% is too much
but that 273 dollars is not. If you do the math 273 dollars is 5.5%. So it's all a matter of the
perceptions of the people who are actually looking at the numbers. Meanwhile we're aggressively
working towards improving the efficiency of the university. We're making some very substantial
program adjustments in our IT services. We've saved a considerable amount of money for
example on this campus. I believe we had four or five different email systems. We know longer
are going to have four or five different email systems. We're going to have one. Just the hardware
savings of accommodating those systems are substantial and there are a lot of other opportunities
both in the communications and the IT area that we will capture. We have engaged a consultant
who will come on board next month whose assignment will be to look at the administrative structure
of the university and look for opportunities to create efficiencies throughout the administrative
process. And I think the reason we're using an outside consultant frankly is that no one's
going to buy an internal review. We need to get external credibility for us to be able to
be able to assure people that we're doing the right things. And I think there are opportunities.
We'll find some opportunities to save money. Meanwhile all of the departments are taking
significant budget hits. They continue. We just finished our fourth budget advisory group,
back four. We're trying to implement a strategic plan which coupled with everything else going on
keeps us very busy. On the good news side, US News and World Report just came out with its
most recent rankings for graduate programs. University at Albany has 10 programs ranked in the
top 30. And I'll go real quickly. Criminal Justice number two, Library and Information Science 26,
Rockefeller College of Public Affairs, 14, Information and Technology Management two,
Nonprofit Management 18, Public Finance and Budgeting seven, Public Management Administration eight,
Public Works Analysis 22, Public Policy Analysis 22, Social Work 12, Sociology 28.
That doesn't count nano because then and a couple of other programs because they're unique.
So they are number one in the world but there's just no competition relative to it so you can't rank them.
Again, not that I am competitive but Stony Brook has six of their programs ranked in the top 30.
Buffalo has three Binghamton has none six and three is nine that's one less than 10 so we have more than
the other seven. I'm showing I'm showing all my math prowess.
Are we doing enrollment management update here or should I do it?
This is the 50 year in a row that we've received more than 20,000 applications.
We expect to roll in roll around 2250 freshmen. It is comparable to the class that we enrolled last
year in terms of quality which is good news. We have had a great deal of assistance this year from
our alumni and helping our recruiting efforts. We've had receptions in New Jersey, Connecticut,
Massachusetts, Syracuse and Westchester that have helped us in terms of our recruiting efforts.
We continue to look to expand that program so that we can get more and more of our
alums actively engaged in recruiting students on our behalf especially in the out of state areas
which I think are critically important for us going forward. Our open houses have been a great
success. We had one in the spring where we actually over two days and 1,200 students
participated which was a terrific turnout. Our timing has been not great because one of our
significant open houses happened to occur just before the St. Patrick's Day weekend and we all
know that that was not a particularly good time to have parents around at least.
Congressman Tanco is one of our, it was our 2011 Burton lecturer. He received an award and also
Larry Brant, Thomas Constantine, Bill Hedberg, Kathleen Taylor, Pete Grannis and Mike Castelano
all received awards from the different schools but since we're going quickly I won't get into more.
U.S. Department of Energy awarded CNSE a $57 million grant to Launch a Solar Center.
That is the largest federal grant ever awarded to a single academic institution.
That's a meaningful $57 million so it's a feather in CNSE's cap.
It's probably a place to grow for our energy initiatives.
Our microelectronics, our nanoelectronics initiative will be expanded into nano-medicine
and also nanoenergy and I think that's a great step up for the university because there is
a significant expansion. You see the construction on Fuller Road that's going on. You'll also know that
Washington Avenue is scheduled to be renovated. What will end up happening is that Washington Avenue
will be redirected. There'll be a flyover full of road where at six mile water works is there will be
the Washington Avenue extension area and the Card Road Bed and some of the property that's
north of the Carden Road Bed will be next to nano for expansion away from the neighbors.
So it's exciting. I'm going to skip a lot of this stuff. Bill Clinton was on campus.
4,500 people attended. Many of you did. It was a wonderful event. It was a terrific indication
of the type of engagement that our students are so we're very much involved with. They did a
wonderful job. I know we got some bad press in terms of the cost but every penny of the money
that was paid by our students went to the Bill Clinton foundation not to Bill Clinton and
that foundation pays for for example really for conrady and some of the other things. None of it was
none of it went to Bill Clinton himself. We also had Maureen Dowd on campus. I like Maureen Dowd.
I know some of you may not but I think she's very good. We had the former minister of science and
technology in Japan. Mr. Omi on campus that was quite the I didn't realize how important he was
in terms of the Japanese economic infrastructure and he was very impressed with nano and also the
university. I'm going to skip over a few of these things. Oh one important one. Our students won
first place in the Newman's own award. Newman's own is Paul Newman salad dressing and all of the
others. They had a national competition. We have a group on campus known as the Third World
Impact. They partnered with another group called the Giving Circle. Their proposal is that they're
involved with building an elementary school in Uganda. 500 for 500 students. They won first prize
of $25,000 and this is a national competition. Very very proud of our kids and if you look around
in terms of the our students we just celebrated the volunteerism on campus. Last year we had
6,800 students that were involved in one way or another in the Nafra Prophet community.
Among their accomplishments were you know and they relayed for life for the American Cancer Society.
They raised $85,000. Bringing their total amount raised since 2005. These are students to
half a million dollars. Faraday wants in a while. He didn't get that money. Where is it?
Relay for Faraday. Relay for Faraday. But at the end of the day this is just a small example of
the numerous activities that our students engage in. Our athletes for example are 2500 hours
of each year of voluntary contributions to you know local community organizations and let's see.
One that you probably like is that we have a research team Tomick.
So Kowsky. It doesn't it doesn't pronounce the way it's spelled. It's not phonetic.
It's not phonetic. It was one of the researchers that was heavily involved in the Jeopardy Watson competition.
They were the computer beat the past Jeopardy champions just to give you I mean it's a fun thing
but it's our people are are pretty much very much engaged. And last our women's lacrosse team
is ranked number five in the nation. On the only undefeated division one program in the country
and they are playing for the American East Tournament Championship. They were undefeated and
relieved on Sunday against University of Maryland Baltimore County which they only beat by one
gold last time. So if you're in town there are a lot of fun to watch. Saturday Saturday Saturday.
Remind you all to uh Parti is going to give an update on fundraising which is a very very good
report. He's done a wonderful job and I'm not going to you know cover his ground. Remind you
about commencement you're all invited. We have Greg McGuire as our undergraduate speaker and Randy
Cohen will be the graduate commencement speaker both are alums. They'll be they should be both
very entertaining. And on a closing note our 14th president uh Pat Avinsolieri who was president
of the University from 1977 to 1990 passed away. Interestingly enough one of his significant one
of his many significant achievements was the creation of the School of Public Health which on
Saturday night is tomorrow night is celebrating its 25th anniversary in Agala and Vince was supposed
to be in attendance to be honored at the gala but uh he was a instrumental in bringing this
university to the next level so if you keep him in your in your thoughts he was 86 years old
and that's the end of my report I'll take questions. Yes question back to the beginning. We talked
about the increase in enrollment that that plan is just for us that's not necessarily for the other
university centers as well. Just us. That's unique uh yeah. So the frankly the increased enrollment
uh is a function of needing to come up with a plan that increases revenue substantially in order
to accommodate the economic development. We have to build new dormitories right now. Yeah and I
think that uh you know as you know we're building dormitories and the rehabilitation of the downtown
dorms will actually restore probably end up restoring Brubeck or back to the university.
And we probably will have additional opportunities. There's a there's a plan right now for
Almond the Almond School District. They would like very much to move out of the current high school
location and move to the Harman campus. Oh yeah. And they would very much like to develop the
current high school location for a lot of uses and one of which is dormitories but if we did it
uh we would not do it it would be a private developer and it would be for graduate and international
students. If they could build a mphortable enough. Right. Argelame is using the vehicles available to us.
We can't build a mphortable enough. I hope that high school is good. You know the other question.
As far as tuition increase would that go into effect in the fall? I'd go into effect in the fall.
If we we would like it to go into effect in the fall. Is there enough time for us?
Well, the bills haven't gone out but uh we're we're hoping first of all the legislative session is
anticipated to be over by June 20th. If we can get some sort of action before that time we should
be okay in terms of the bills going out. The architecture that would be put in place with this
legislation would still require the legislature George to approve tuition increase is going forward.
Five year the plan. I don't know what the the result will be. The plan will enable us to have a
period of five years where we can deal with uh you know a rational tuition plan kept at five and
five and a half percent. The idea is $273. One shot this time. Five and a half. Five and a half.
Five and a half. It's three and three. Oh, four. Three and a half. Three and a half.
Each year is kept at five and a half and we believe that the tuition plus proposal will also be five
years with a plus cap. And then it's revisited after five years? Hopefully it uh it works and we get
additional flexibility beyond the five years but right now uh this proposed legislation only
addresses the next five years. It's hard to monetize anything that has a five year. I
tried to say that but uh it's they're they're not exactly financial uh people.
Anybody else? So I was writing all of the points that he has to add it. I'm sure whatever the
legislation is it will look somewhat different by the time it's a tie I'm certain that that's the
case that it will look different than I just described. Well it's good I you know from my
perspective it's good to see that uh whether it's literally or metaphorically you know we have a
seat at the table and I think you know that's the humans work you know rebalancing that equation
getting it off of the two university centers back to the four university centers and just in my
passing some talking with Dr Jackson too and I think we all we all recognize what an achievement
that is given the momentum that Buffalo and the Western delegation have and not that there's
any victory at all yet and I don't even know that what we ultimately get is your point out is
going to be able to achieve what we need to achieve allows to achieve we need to achieve but I
think tremendous kudos to everybody here Georgia administration and everybody else is a stakeholder
in the community who really came together to recognize how important this was and uh
I was very close to senior staff and a lot of the support people have done yeomans work. I don't
pretend to be the author of all this stuff they did fabulous jobs they've they put they fleshed
out the the concepts and I've done a great job in for me it's ending the proposal both Steve and
Vince and Jim and others that and and and and Far Dean and others in the room probably everybody
is sitting behind me certainly John was uh John is now doesn't speak anymore because he
everybody in this room was instrumental in getting uh this thing done uh the other thing I would
say is that uh your advocacy if you're in a whether you're in a social environment whether you're
it's really really important that if you get an opportunity to do something that uh with one of
our legislative officials or one of our government officials uh to promote the importance of this
legislation because it is critically important for this university to be able to expand
its portfolio we are we we first of all we need rational and not are just to balance the books
you know you can't lose 40% of your state assistance over a three year period and anticipate
that you're going to be the same university you were when you started um we need to rebuild
and we need that much at least to create a new base and hopefully compound over the next five
years to get back to where we were hopefully smarter than where we were and hopefully you know using
that money more judiciously than we did in the past but we still need to have that additional
operating support so if you can advocate on our behalf uh it would be greatly appreciated and frankly
I think we'll ultimately end up with at least a letter for you guys to all sign on to if you're
comfortable if you're comfortable uh to sign on and of course if you're not comfortable by all means
don't but uh I did get a letter from a senator out in western New York saying why he appreciated
that Albany wanted to be part of the process but right now he wanted to go with you
be 20s or 20s and that's the term is I think that is the consensus of the western New York delegation
it's certainly the uh it's the uh subtext that's all the I mean I think the other really important
thing that George talked about but this epiphany if you want to call it that from the local
delegation the local community really recognizing you know how I risk the Albany area was if this
building include Albany and it has been really really critical and kudos to George Hurst and the
Times Union you know our Assemblyman Center everybody who stepped up and really now invested in
this process and making sure to me that was one of the bigger transformational things that occurred
in this process we got every member of our delegation to supply us with a quote when we did our
release every single member both sides of the uh Hurst our Assemblyman coming out in favor
rational tuition now our Assemblyman our our Assemblyman are coming out in favor of the inclusion
of Albany and anything that occurs but whatever it is but they have yet to actually come out in favor
of it right and that's key isn't it's very key and that's really where that's where our efforts
are now we need to get champions I think the one you clearly met at me last week and you spoke
I think it finally hit them that when they thought that they're going to be a second tier and that
really with a turnaround because as you know in this country everybody wants to be number one
and I think it was and you made it very clear and I think that there I saw a big turn uh
and I think that this is going to go forward and I think now they've been getting to recognize
how important a university is to this community that we're going to move forward
that things that we have to do and uh they're and they're going to have to be supportive of it
and I think we're getting where we need to go yeah and I appreciate it James because uh
we did get a lot of traction from the community as a result of that that session last week
um and I think the fact that it was put together so quickly with so many diverse
business and community leaders and attendants shocked everybody yeah I mean it was like oh my
yeah they they really do have uh community support and we're going to build on that we've got
lots of plans to build on it yeah for other things beyond this too George you think uh
looking at the tea leaves just like anything it was probably going to be like a last night
session sort of deal yeah that's more my my my my my kind of a quasi statement I think yeah well
my concern is sequence uh I'm very very disturbed about some of the things I've heard about sequencing
um you know I do know I my opinion is is that the governor has shown his support uh it's up to us
to generate the kind of support that's necessary from the legislature um it's all horse trading as
you know um you know I know that the assembly wants to run control the renewal of rank control
you know I know that uh that there's a 40 million 40 million vents cuny money 40 million dollars
of cuny money that's sort of sitting in advance the appropriation for that being held by the
senate you know all of this is horse trading you know my hope is is that nothing happens in a
sequence that disadvantages us in the horse trade you're from strategic position you're
absolutely yeah and and that's where I'm looking I'm I'm looking at sequence I keep saying that
in the meetings that we have that that's critically important and I think some people scratch
their head and say what are you talking about but to me sequence is critically important
we don't want to be in a position where we'll get to us next year yeah forget it's an election year
you might as well forget the opportunity to get any kind of tuition relief in an election year
yep you're absolutely right pad okay well I know we'll all be vigilant and George just thank you
is the student rep here now so Steve had to leave uh to get home there was some sort of family
okay cut off the right in the middle of the exam we're going to go on to the updates and start
with the faculty Susanna first I'd like to thank everybody for the kind words and the resolution
and apricot of that my replacement next year as faculty representative will be professor
Andy Lyons from the theater department to we see her next year here I'd also like to thank
everybody for giving me an excuse to be here and not at my desk creating end of term
thing very briefly because we have a lot of other things on the list here I just wanted to mention
the one sort of big thing has come through the senate in the past month or two and that is the
continuing discussion of our general education requirements for undergraduates you may recall
that about a year and a half ago Sunni Central changed its bare minimum of general education
requirements and the senate's been working on responding to that and trying to reformulate what
we do here on this campus very quickly the goal is to of course obey what suede central wants us to do
but also to put our own you all beneath stamp on general education so that it adds something to the
you all the need to greet right so above and beyond the bare minimum I don't think that's going to
be resolved this academic year but it's getting close and there's a lot of momentum and so I'm
hoping that that will be finished off in the fall and quickly apropos of that I don't know how many
of you saw Fred LeBron's column a few days back I almost wrote an angry letter to him but I decided
it was probably not worth my time I felt that he really misrepresented what's been going on with
that it was sort of a side a backsided comment or a compliment in that he he did emphasize the
important of undergraduate education and I'm all for that but he also implied that we were somehow
cheapening our general education here on this campus and that's absolutely not the case
everybody wants details of that I can give you a year full after the meeting
that's it thank you very much any questions versus there okay it's the graduate student here
yes I want to ask in terms of program the GSO of Hull they're into the year president Scala
you know nice crews out in Hudson River and we'll be having that end of the year barbecue event
at Darnace of barbecue in Troy they're kind of celebrating the end of finals we also held
our elections recently Heidi Nichols was reelected for a second term as president our vice president
will be switching roles to our multicultural chair and a programming chair will serve as vice president
I've been reelected as this representative to this body and I think that this ongoing service
these students is really important in my memory seven years now that you've opened yet I've never seen
a student able and more importantly willing enough to serve two years as president so I think Heidi
has a lot of momentum behind her for improving the GSO next year our graduate student organization
activity fee which funds all the activities we do in the GSO office as well as all of our
graduate student groups was up for a vote and will remain mandatory so we'll have a budget
likely if it got voted down it was voluntary we would be doing a whole lot we also passed two
constitutional amendments to establish term limits and redefine the responsibility of our graduate
senators we opening our office and during finals week for extended hours to give graduate students
on a place to study and actually in the next 15 minutes we'll start our last GSO assembly meeting
over in the hall of the room except for arena to approve our budget I'm going to last
late this soon-e-wide student assembly a couple weeks ago our graduate student organization website
was voted as the best website which is impressive since it's about three years old but we'll take it
great great congratulations serving again we can see you next year
okay are you in bill doing this as a tag team or how we need this
this should be a bills report because it reflects
I'm sorry I can't hear anything
that's okay we're just passing something out Pat
okay
all right I'm not showing my teaching skills because I'm not showing my teaching skills
okay it's uh distributing a copy of the Alumni Association's annual report Pat and we'll send
that to you after this movie I'll see if there's a picture of you in here
I'm waiting for the copy to go around I just want to tell you this is like a welcome home
from air homecoming because this is my mentor sitting here Dr. Soil Kesson I worked on
her soil you know I studied when I was studying the seminary actually working for soil I
that's not the reason I went to the seminary but it might be the reason most people go to the
seminary
especially to the seminary I was fortunate to study under a dozen and two two a year in Africa and
the heat what I came with was one thing and the other to say a person is a person only
through other people and I am what I am today because of Soil I wouldn't be in this field of
I wouldn't be in the higher education I would be certainly in the ministry so it's all your fault
not too hard and too long
everyone has a copy okay let's this as I said she really be
fails report let's just I'm just gonna highlight a few things um on the first page a wonderful
reading from fails on let's put your attention to that if you take over the top you'll notice he
refers to the strategic plan look frankly do the his visionary leadership he initiated the
strategic planning process and then enable all of us to then fall through one of three year
planned the result of what you have to do a lot of hard work on bills part the other
officers planning committee you'll see our vision for 2014 this is a three year plan and the
most important part to me is in the second the words we'll say we are a leader in engaging alumni
students in the university learning to focus the meaningful communication and services that
instill success pride spirit loyalty and affinity then you'll see the five goals and the mission
statement now to look at all of uh under his visionary leadership what bill is accomplished
under programs I'm so proud to talk about the enriched student experience especially if you look
under I'm on the page with the um great thing you look under alumni scholarships we
work very hard at that and intend to continue and increase that another aspect is our funding
of the institutional academic priorities and again you can see school criminal justice public health
to name a few and then George referred to our very successful student acceptance which of course
we will be continuing to increase it then we have a quick buy on the next page couple pages of our
four new members of the alumni board we have in the School of Disclosure our August 31st 2010 and
2020 2009 financials and then lastly West of all the board this is your work bill
okay it's still a great job with strategic planning initiative and you know we didn't want
something that was static we wanted something that was practical we didn't want to have
a Mao-Sai Tung-S five-year plan sticking out of the shelf and not doing something so my
credit assesses and then continuing on our goal is to have the vice president take a leadership role
in future planning so that they will maybe come president they're working on programs that they
were instrumental in what we're seeing and so we're going to continue that model is successful and so
again it's a little bit harder than the next three years and I think if you recall through the last
the last council meeting many of the presentations that were made by the various departments on campus
specifically highlighted and it wasn't pre-planned a prayer thing but they highlighted specific support
that the student alumni partnership has enabled on this campus and we continue to look for ways to
improve on that we want to make sure that when we partner with the various constituencies on campus
that it's a win-win proposition and we think we are accomplishing that we look forward to continuing
that role so again we're looking forward to another great couple of years thank you Bill I mean
I would say from my my perspective it's been a noticeable contribution and advancement that you've
made and the profile and contribution that the alumni association has made under your tenure has
been incredibly significant and you know and you're looking forward to succeeding that and I'm sure
Bill will be closely behind helping you there thank you thank you I think under old business I
mean we talked about last time the refining the role of college council including this body to
review and recommend major campus plans and I think Sorrell I know we're going to talk about several
campus-wide initiatives and plans today they come under that rubric did you want on this agenda we
cover anything at this point now item seven no I wasn't thinking of discussion of it because when
John Geruso is preparing now the PowerPoint if something comes up we have John Riley here because
the resolution that we have coming after this there may be some questions that come up and
Pierre will introduce it but John will be here as a resource for any questions that come up about
that relative to this policy great so I thought as we go into Georuso's presentation a couple of
moments that will need possibly and so the backdrop of that we've talked about before and John's
going to go over the capital construction update for the university and then I think sort of in the
back of that mind and I know well we have council here that will guide us on you know what the
resolution needs to say as it relates to our review and recommendation but you know with no further
ado I think it'll turn over to John
you got to do it John
well I haven't got two hours of material but I understand I don't have two hours of time
and I'm cutting into it with this project that problem here but what I'm going to do is go through
major capital projects here on campus and give you a little backdrop about how we arrived at
getting these projects started and I'll focus obviously on the housing project as well
just by way of just the statue on the housing project
you received a copy of the executive summary study that was done in 2009
this was based on the need for new housing here on campus to address shortfalls
we want to start that or not you're all set okay
you know I think because in telecom
so
so we have the choice of cutting off the person who's on the
kid to both pad are you there Patricia
this one okay why did you face it out and let me let me choose just in case for sheepers in
the middle of the meeting and then you want to join us so let me have a second
I think I'm free to remember the telecom for sync you're off
it's like the content yeah but in you it's a menu I was staying I wasn't planning
I was running across the street yeah I said a car
you can take it off
yeah I even have gotten back in here because my son
now you mentioned that last time that's my
there's really oh they're having a good season so yeah they're posting
yeah
so
I'm going to have to do it.
Very John's.
It's a cute thing.
Very John's.
How many of our house have you used to actually go?
What happened to you?
What happened to you?
I don't know.
What happened to you?
What happened to you?
You've played three good boys.
I know.
I played the third kid because you haven't got it to a single
visual.
You made the big switch in the first room.
I was getting this tough in the rain.
They have not met the field.
I don't know if it's going to go away.
And I have no heart to not pick up the ball.
You better see it.
Yeah.
You just want to keep it going.
You just keep it going.
Sorry.
You don't want to.
You got to keep it going.
Oh, that's the first time.
I heard the boy already have the first time.
Yeah.
So where you go?
You got it wrong.
You got it wrong.
It came up wrong.
It came up wrong.
It came up wrong.
It came up wrong.
I don't do ITS on campus.
Obviously.
Yeah.
I'm going to start it.
All right.
We have a lot of material.
Just go quickly through it.
And I'll focus obviously on the housing push.
This picture here sort of tells it all.
This is a photo in 1964 when the plane was built.
And basically the theme of the presentation is that we're still not
done working on and upgrading the hotel.
What I want to get through with this line here is that investments we're going to talk about on Capitol are made as a result of conversations and reports from the University of President-President who ultimately approves the plans we present in a couple months.
But we have all sorts of meetings.
We have a group on campus that reviews architectural inside.
We have a classrooms committee.
We have agencies outside of our own who are governing and regulators for our spending as well as providing funds.
And we do deal with municipalities and even associations as well.
Right now we have about $373 million in active capital projects that are either in some phase of design.
Or on the other end in some phase of COSOT or PUNCHLESS.
Most of it are about half that is Port Maintenance, Roofs, Mechanical Systems, Windows, etc.
132 million is the major projects which are the new V School that we'll talk about.
The Athletics Project we'll talk about the Campus Center expansion.
The RIS Hall portion which is self-finance that's not a grant that comes from student fees.
We quite share this about $61 million as the project we're going to talk about on the subject.
And then another sliver here is self-for-staff that finance or support this project as well as some security upgrades.
This map, color coded by Agent Billings, tells a whole story on the North Town campus.
Red is bad, red means no renovations since the construction.
So that's not good.
This is the Colony Moe here, the 21 acres worth of space.
And 1.1 million square feet of usable space.
And the challenge is how you renovate that.
And so what we've basically done is put in place a zone kind of concept here.
So that we can afford to do the work as well as have the campus tolerated.
The work goes on the west zone, the east zone, and the center zone in terms of concepts.
On the west zone, building 27 which is the existing BA or business administration building will be renovated.
As soon as the B School is up and going, we're still short of about 35,000 square feet of will have to figure out that puzzle.
On the east zone, this is the science buildings.
We are dearly in need of a new science building.
So we can vacate hopefully the chemistry building here and renovate this side.
Our center zone has been actively worked on right now.
We're going to expand the campus center by some 50-dalted square feet, which allows to renovate the existing building.
And we're right now at the end of a study for our library to phase renovation of that 3009-dalted square foot building.
But here's the challenge is because you've got 21 acres worth of area that you need to renovate.
Every contractor needs to get somewhat close to stage.
Unfortunately, no one wants to get to the podium.
What you see here is an overlay over the next four years.
We're trying to pull apart the pieces so that we can occupy the university as well as renovated at the same time.
This map here is basically what's going to be with construction and staging for 11-12.
Basically the entire campus except for the south side.
We were working on the south side last year, so it's now time for the north side to have some fun.
Of note, Liberty Terrace Apartments, we're going to talk about that in more depth.
It's the object of resolution.
This is the site of the apartment complex. This is the existing perimeter road.
This is the view.
Reconfigured perimeter road. It's about 15 acres here.
And then the whole site that we're working on is close to about 20.
There's a lot of exciting things in this project outside of just housing.
We mentioned the road, which is important.
What happened here is now we'll have housing on the inside of perimeter road.
So we'll cut down on the pedestrian cart.
The complex that we have on the part of the commons, which is on the north side of the campus,
I'll get to the site benefits in a second.
Here's the site.
We're actually bearing ones. I'm lost.
I'm sorry. I forgive me. The pond is right here.
Gotcha. It's in the pond.
Let me go back.
Sorry.
It's right here.
Okay.
So here's where the housing will be done.
Thanks for having me.
Okay. So then you're going to dump the road.
Just off the left.
We're having a lot of fun.
Thank you.
Swing out into where we used to have a lot of fun.
You're going to swing the road to the outside of it.
Yes.
You're going to take care of all those speed tickets.
This is all new.
Here's the construction.
Yes, that's right.
The tiles driving things were not.
We just finished our pile driving on Thursday.
496 piles later.
Two and a half months.
And we're putting in pile caps foundations.
This building should be all enclosed by a total.
It's being constructed with a block and plank.
Precast concrete.
Five stories high.
It'll go very quickly.
And then once it's enclosed, go over the winter.
We'll have the benefit of being closed.
And doing our fit out finishes mechanical systems.
This is a lead goal facility.
We have a geothermal feeding system.
Heat pump.
We received a $2.8 million grant from Department of Energy.
To offset half the cost of the heat pump system.
It has a maximum day lighting.
It has locally sourced materials, concrete.
And it's rain gardens.
So everything you would think of any need for lead goal.
You basically have to be very efficient.
What was the total cost of that?
This is what the...
No, no.
The total project.
$61 million.
That includes about $10 million worth of site-specific costs.
Which are an enemy to the site here.
If I can go back.
The alignment of the road cost about $3 million.
The pile driving heat was about $5 million.
And then the sanitary.
There's a whole factory story on that.
But you have our sanitary system.
No punitive.
There's a factory story on that.
Who's the contractor and who's the PM on that?
The Chase.
The contractor.
Who's the PM?
The Dazby and as well as the Plus.
The dormitory.
Have you guys usually put the Chase before?
No, we haven't.
They're very good.
Yeah.
One last question.
Did you do design build on this or how did you do that?
No design build in that legislation.
You can't with that legislation.
It's beyond the pale.
Which means to add $10 million to the job because we can't do design build.
Okay, so we're part of what we did with another high-button.
This is a price example of what we've been pushing.
It's a W-shaped building.
Here's one end.
Here's the center of building as well.
It's five stories out with a lot of glass pre-cast concrete.
Here's the typical suite.
Can I ask my question?
Yes.
This is undergrad dorm or is it?
It's a date for an upperclassman.
I hope we based on lottery.
So usually it's seniors.
You're seniors, seniors, seniors, seniors.
Okay.
500 beds, 215 in each wing.
Each apartment has a shared living room and kitchen.
As in each bedroom there are four bedrooms and two beds.
Similar to the empire of the empire, it's slightly larger and has a washer and dryer in the apartment.
And this building will have washer and dryer in each floor.
It will be a common building in the middle with athletic facilities, conference facilities, and dining options.
Or a retail dining option.
Here's the building in the bottom.
There's going to be a retail dining option in the project out there.
Even though it's on the campus.
The retailing sets is not a meal plan.
It's not a meal plan.
Right, right.
But it's like it's the same kind of thing like a nanotack where they have their own.
There'll be a small cafe.
Really.
But those students could be on the meal plan and just go over to the campus center.
Yeah, the same access as anyone else.
We're not going to build cafeterias.
How do you make the decision to go lead gold versus a lesser standard and what's the cost of that differential?
I'm just going off top of my head.
It probably costs another $240k.
You got lead gold.
That's it.
Rain gardens and maintenance.
I mean, there's a recurring cost.
Well, we got $2.8 million.
That's the opposite.
So it offsets much of the cost.
And the premium cost for this, I assume, right?
This will be price-compable and buy-clubs.
Right.
We have around a $9,500 key year.
So we can recoup the higher cost factor associated with the upkeep and stuff.
All the dorms are self-sustaining.
Right.
But the dining area, I mean, you've got to assume a contract with the third party.
They cover all that, right?
Charmels.
Right.
We're still in the service.
Yeah.
So let me just be clear, then.
The upkeep I was talking about premium is on some elite gold portions.
But having a tighter building with better construction.
Yeah, it's cheaper.
I mean, this building, as opposed to the empire, will be a low maintenance building.
And we're pretty off the back.
How are you doing on overruns right now?
Everything's been pretty good.
It's probably lump sum, right?
The whole thing.
And T&M on the back.
Uncertainly.
Oh, we in budget.
Let's keep it that way.
Keep it simple.
We put in a healthy contingency.
We went over about 1,300 linear feet, steel for our piles.
And we anticipate a lot more.
We're a little over on our sanitary.
Yeah.
Because of municipal.
Because of the extra distance.
Do we have like busing going over?
Because that's a lot farther from campus, really.
That's somewhat consistent as.
Is it?
Really?
Yeah, let me go back to that.
It seems longer, visually.
But maybe.
Right here.
And then we'll walk basically.
Yeah.
I hear it.
I hear it.
I'm sorry.
Yeah.
Visually, it seems longer, but you have water and.
You know, all that stuff.
It cuts the best.
Yeah.
So what the cycle looks like if you envision flipping that map over.
Here's the pond.
Here's the NIC.
Maybe.
This is the new road.
Right now we have a purple path on campus, which has only one face completed with their sixth total.
So what we'll do is we'll continue the purple path and right where it ends by the ball field.
We'll always do the site.
We'll go to the sculpture studio and then we'll create a path along just this drive here.
Not to any quad.
There's 350 spots for our students.
There's a new red field, the intramural softball field being built.
There'll be a small pocket park right in here with benches and landscaping.
Don't be a whole trail network through the pond that we're going to improve.
A lot of landscaping that has yet to be installed, obviously.
And another sidewalk that will be installed here as well.
So for a lot of people like to take the loop around the campus to the job.
We'll walk now they have multiple avenues.
This road will open in the middle of June.
Right after commencement, we're closing.
Open to the existing roads so we could do the transition.
Put these connectors on.
And John, what's the funding source for?
How does that work?
This is all backed by student who is running this.
But there's a bond deal that's floated, secured by revenues or what's...
It's not a designated bond that's secured actually by the revenues of the entire services.
Okay, so it's a blanket bond that's part of...
So it's not a one-off financing.
This one's part of the...
Yeah, it's part of the...
They did three of them.
So that's number one of what I call the big three projects.
Number one is the B-school building, which I'm sure.
I'll have a little bit talk about a little bit.
This is an exciting project again.
Right after commencement, we'll start a record of fences around the site.
Which is right out here.
I'll show you the site in a second.
And start excavation.
This is pretty neat.
I use this in presentations to tell the rest of the campus community that this indeed is a B-school building.
But it's also a classroom's building.
There's 28 new classrooms in this building.
And 10 group studying rooms as well.
So the construction, this building not only would have held the school building,
but would also enable us to get renovations done in our lecture centers.
So if you just peel back the floors of the building,
blue is the 61 offices or so of the B-school.
And then we have the instructional space on the third floor.
Again, yellow and gold is the instructional space on the second floor.
The first floor, which is on grade, this is the entrance here.
We have the B-school as some of the centers and the trading room right out here in the club.
The instructional space here in the study room is right out here.
It is a lobby area so that somewhat close to the university's bus stop.
So the inclement winter, during the winter, students can actually be in here waiting for the bus to go inside.
And then on the globe grade level, these will be the larger classrooms, study rooms and a cafe.
And there will be two tunnel connections back to the podium.
One will be a service tunnel, like our traditional service tunnel.
And this tunnel here will connect over to our lecture center areas.
So it will take high use instructional by LCs, straight to this high use classroom building.
That's very great.
Here's what they call the winter room.
On the second floor, it's multi-purpose space,
and gives you an idea of how to finish it in the building.
Here's the site.
We're in this building right here.
Here's the circle, obviously.
Here's where the building will go.
This is the scale.
Here's where the bus stop will be.
This used to be visitor parking.
We replicated in spots on what we call the near-low blocks east and west.
And these will be open after commencement.
We took a lot of disease trees out here with so much shocking.
We took these pine trees down there.
Most of our pine trees look out the window.
You'll see it around.
They're suffering from a funnel of these called the podium.
It's not terrible, but it's ready.
So you can place this with a different, instead of having it hot.
One culture, or species on campus we have.
A diverse selection of deciduous trees.
And they're all in there.
What's the pretty pretty pretty?
This is just a photo when we were building this building.
And we're going to have to do this obviously in two locations when we build the new bee school.
I showed this to the campus because the disruption is pretty tremendous.
Here through the next two and a half years this will be the fastest staging area right here on this side.
This will be open to fall in 2013.
That's a point.
Yes.
Well, about the new dome complex.
That's close to the hierarchy of ready-for-occupancy in August 2012.
Twelve.
Number three.
In the big three, he's a tower of the fountain of air.
And so much in Duke, one of these.
Let me go fast.
What's the deal with this area?
This is a big project.
Here's what you're doing on campus.
You probably read about the fountain, but we are renovating the fountain.
But we're also renovating the water tower, as well as the smaller fountain as well.
This is a photo in 1965.
The original water tower was built.
This is a functioning water tower.
It's 248 feet high to the top.
There's 311,000 gallons of water in this thing.
And what it does is it regulates water pressure on campus.
And for everyone who flushes at the same time,
what level changes in here because it adjusts the water pressure.
It's also necessary for a fire suppression.
And when it if got forbidden, it's never needed in the towers.
There's functioning parts in here.
There's a steam heat system in here to make sure it doesn't freeze up like a block of ice in the winter.
There's a picture of 70 water transfer you do.
But if you look and take a photo inside,
we've got issues with corrosion.
Our steam heat system needs to be repaired and upgraded.
It needs to be renovated.
We call it the Mother of All Chalice and Renovation Projects
because in order to renovate it, we have to wrap it obviously in scaffold.
And it sounds that it is well because water is put in on it.
We're going to have to sand less.
This thing.
You basically see a giant scaffold wrap.
A cutoff is in the middle of campus.
The other challenge is getting the contractor and all the equipment in there.
Put the engine in the potent.
And then lowering the sand last day equipment.
Some out, and we'll lift.
Got to the top area.
So this job is fountain tower job.
It will not only work for it,
like you do in your kitchen.
The countertops here are cabinets.
Hey, let's do this.
Let's do that while we're there.
While what we're doing as well is addressing the fountain.
Because it's got original technology in it.
A whole pump moving below needs to be upgraded.
And all these pipes, plumbing, and leak.
We use a lot of water and a lot of money.
We use water and all of it.
And all of this whole system here needs to be replaced.
We're going to do that.
While we're down here, the single-taken glass has the corroded sections.
That's all coming out for energy and fissure.
And we have to address the standard as well.
While we're doing the fountain,
we're also addressing deficiencies and the opportunities
to this group's fountain.
So I mentioned all these committees,
and I'm on campus, so I'm going to ride that.
And the notion to allow more active engagement
of the fountain area.
So what we have after we will be rebuilt is basically
the walkway through the center of the fountain.
So the more students and faculty and staff
actually enjoy the fountain.
Basically, this is what they look like when you're entering.
We'll have the fountain jacks, obviously,
move the center and water feature as well.
A nice part about that is it'll have lights.
So we're now going to look attractive.
Those LEDs you're using?
Yes.
And then we're making sure they're you outlisted for water.
Yes.
I'm like the front.
We had to replace them.
Oops.
Oops.
The intent, let me talk about it for a second.
That's not a feeling of going in there.
The intent is to make sure that the fountain area
is not a vast concrete race land.
For most of the year, it's not attractive at all.
So what's going to happen now is we're going to introduce
landscape and trees, greens, and benches.
Improve the stairs, put in the better papers,
and then as I mentioned,
put lights and then come winter triumphant.
You'll be able to escape.
That's what it might have been.
We couldn't figure out a meaningful way to escape
the Zamboni challenge as well as the freezing.
She went, we went through that.
We did that.
We also gave her a light by the way, the top of the tower.
They're only two lights.
That's part of the design.
So a purple growl, a purple, whatever we want to do.
So that was this and the other.
This is a big progress.
This is the current conditions of our football field and track.
The project right now that's in design is going to kick off
this fall to improve three things.
It's here to upgrade and weaken speed to this wild,
and it will be on our current track.
It can't be used by our current track team.
You know the National Memorial.
We get eight lanes that way.
Actually, we wouldn't have nine.
That's what I'm going to say.
So you have the track that we can have meets in as well.
So we can use this.
You're going to do anything about the wind on the berms on the side.
I thought maybe when the room used to run that thing,
but I remember we went to the chapel house to see if we could get help there.
That was all right.
Oh yeah.
The project also is starting to turn our special turf recreation field here
for our Intermeeral recreation.
And then adding the multi-use football and soccer facility.
Here's a concept rendering of what the facility would look like
at the 6000 seats here.
Two levels, press box, elevator.
Once you're here as a site right here,
if you see here's found field, here's the bubble.
And then the facility where you're right down here
will take advantage of the natural burn.
The current exists there.
So you can come in right off this plaza here,
you enter at the concourse level,
look down on the field, it should be a tourist attack.
Was this a stadium project we've been planning all along?
No, or is it a real estate?
This is a far-reduced process.
We're doing this in stages as we can afford it
and as we get private contributions.
And at the end of the day, at least three, right?
John, three stages.
At least this is a full floor.
This is nothing as throw away.
This is the base, this is base based on what we have.
It's pretty much the same attendance level, et cetera.
It makes it an, it's going to be in north-south field.
It's going to be what it's supposed to be.
But this is strictly a bare bones project
that we can build on and none of this is throw away.
I mean, this will be phase one.
Phase one.
And if we can afford phase two,
it'll phase three over a period of time.
We'll start working on that.
It'll be phase one, but something will be very problem.
Yes, it'll be, it'll look nice.
Bound, Shandart Field.
You can take it.
Yeah, you can start it.
Open to all.
Open to all.
Open to all.
Open to all.
Go up quickly, go first.
We're relocating our data center.
And it's current place, which is below a phoning deck,
not enough electricity or cooling.
That's our service building.
And it's floods occasionally, which is not good for that.
That's not a good for that, is it?
That's not a good for the data center.
So that'll go to our service building scene.
It'll be as much as you see in the darker,
is the new addition.
Here's a concept of what we look like.
It'll be the contracted anchor on that corner of campus.
We're putting in three skydomes to protect the investments
that we've just put in underneath.
We're putting your stairwells, the window walls,
and the corrosion without,
the exposment.
Most of these openings were designed for skydomes,
but never installed.
So here's some photos that's currently almost finished,
and here's some progress photos.
It was pretty sweet out there.
We have a pretty active, early active classroom we have.
We have a classroom committee that meets every year,
grades, classrooms in the top of the bottom,
and worse classrooms get addressed.
And Cycle, this will be school, as I mentioned,
is going to take this.
2011-12, we do these classrooms,
there's a photo of them, so we'll create a photo.
Class labs, here's the whole for child,
for some of our labs here, and use some upgrades.
But we're getting it those, we're getting 522.
And when we get in there and get out,
we prefer to go through what we want.
I put this photo in here because every year,
with regard to rest halls,
we'll create at least 100 beds.
Make sure we'll be doing the setting up.
We're doing service building C as we three have.
And that'll pretty much look the same,
except for a small bump out.
The ground's building, and warehouse facility will be added to
so that we can get them out of the commissaries
of the data center.
And we have to swap some folks to see the condition there.
Downtown, we're focusing on the building out low.
661 windows, and the downtown campus will be
reconditioned, repainted and restored.
And beside, we need some major work
of this nice, self-detective future.
So we look up close, since we needed a lot of help.
We'll give it that up next two years.
Downtown, we're placing the 2600 rooms
with the probably eight miles long of light fixtures.
And the result would be 50% less energy,
use the yield over 200.
That's a considerable estimate.
Is that a performance contractor, that's just an estimate?
No, that's out of the formula.
We did it through NYSERDA, or NICOL rather.
You're a parter.
Yeah, but we're paying for it on the campus plan.
We've been taking it out a lot of good quality.
We're doing a whole bunch of other work,
a lot to dwell on, but one thing to get some presses,
so we'll pan on social sciences,
as well as a lot of other work.
Close notably for lighting on campus.
We've gone into the condition of box lights,
so we've been hearing the evening and the interiors.
It's been very well lit, and looking for you good.
Looking for the interiors, and shortly over the summer.
We have pretty long window wells.
This is what happens when you have green and exposure.
But we went in there, and we did them all,
so we have now in close space.
The neat, what used to be this terrarium,
unused, is now a student lounge,
that gets a lot of use to the two of them.
Such comments, which is very between the quad,
the podium, is always all the comments areas,
like out here, it's just the pedestrian car conflict.
We've ripped out, because we had to,
all the deteriorating sight utilities,
have replaced it, and hey, while we're here,
it's really fixed this the way it should be.
On the drawing board, we're going to spend
a campus center of 50,000 square feet.
This is just a concept we don't know
of what it would look like in design,
and then renovated in the 25,000s part
of this $40 million job.
That will be done sometime in 2014.
I mentioned the library's being studied to renovate that.
Go to 27, once the new B school,
will be the next one for renovation,
and the podium will renovated one for our four sciences.
14 or 13 more, if you just want to focus on the other side
of the campus, we have the improvements
that we're going to make to the entryways.
This is here, we have a grade of basically F traffic
surveys, there's too many cars that back up on here,
because of traffic, we got to add a turnling.
Here we have to fix something to traffic as well,
and improve the entry, give it a sum of the trees
that are dying, and get it more done in the next entryway.
Nothing you can do here with traffic in terms of
the many traffic patterns, but improve the landscape.
And then for purple path, this space right here,
right on the pine cones, there's no path that currently will be
doing that next year, as well as these two areas,
connecting to the new B.
Very effective.
This will be a big challenge.
This is a new quad, Mohawk Tower.
This is one of those being constructed.
It was the last constructed in 1917,
it's the anymore shape of all the four.
So they really don't build them like they used to.
This building suffers to some extent
of the altitude, but this one mostly from water
and filtration problems.
The budget went down for every tower.
It did.
As Divers and Tower always built first,
and that had the highest budget, and the colonial,
the Bauer Tower and colonial was built,
and that had the next highest, then it just go around
and sequence, and it just kept cutting back
every time the bill came on.
So it was so good.
We got a figure out called Value Engineering,
which is back with people.
It's the first couple of years.
There's 400 beds in this tower,
so we have the benefit of having new beds coming that line
to help with a search base.
And I mentioned we're getting to the pine cones
and the trail of humans.
For the path phases, I mentioned.
And we're also at the construction and guidance
of the SUNY and the construction fund
for working on our 2013 to 2003.
Facilities Master Plan, a lot of work that I just explained to you,
came out of our 1998 Master Plan.
This campus wide initiative, that open sessions,
community, campus students.
And that addresses a billion dollars of,
or whatever the number is, if deferred maintenance is sort of,
whatever's left after what you're doing now,
is included in the Master Plan or...
Exactly.
It's a conditions assessment.
Where do we need to go?
We get to our programs where,
a program of kind of adaptation,
do we need to do the buildings and how?
Do you do the scenario plan?
Is it move the puzzles around the code,
and to make that happen?
And then you cost out the projects and the statements.
It makes something very clear that this is all capital.
Right.
This is not money that's been diverted from the operating budgets
of the university to accomplish this.
And I will say one thing, John,
you might want to, you might,
by looking at this, you know,
you make it obvious that John has a hell of a job,
and has done a hell of a job.
So making the most out of what is,
reasonably limited, resources.
We have deferred maintenance on this campus
in an assessment that was done 10 years ago,
six, seven years ago.
Seven years ago.
It was measured by an independent third party
at a billion dollars.
We are using about $33 million a year for five years,
$165 million to address that bill.
And $1 billion to deferred maintenance circumstance.
John has done a great deal in terms of the first priority
that has been safety,
because we have a lot of issues on this campus
in terms of safety.
Deteriorating stairways, problems with breaking cement,
leaky lecture rooms, any number of different things,
and he's done a fabulous job.
And again, you know, this is paid for by capital
and private contribution.
The FFN for the School of Business,
well, or Dean will talk to that,
is done by private contribution.
Much of our athletic facility is going to be dealt
with by private contribution.
So this is not going to impact the operating budgets on campus,
and will not impact the employment on campus or anything like that.
And we're going to take every dollar
that will need to give us.
So it's critical, or, yeah.
Sorry John.
No, that's okay.
Please, done a wonderful job.
Thank you.
Thank you.
You probably want to go back to the segue to the housing piece.
That's the end of my brief.
Any questions for John?
Yes, John.
Nice job.
Thank you.
Student question about the housing.
The ratio of beds to car spaces has appeared to have a point set.
There's more.
It's okay.
The environment is about 1.5.
Is it a point 5?
That's not possible.
That sounds like the same question we've come from faculty.
It's part of each space.
No, I have a door to parking space question.
I have a classroom space question.
Is the square footage of classroom space in the new
because this building is going to be relatively different
once you let it go in the current.
No, what are you going to do?
It'll be more.
Is the actual standard space guidance more for station modern times
and construction fund is in the 60s with the town of Ontario?
Yeah.
Great.
Nice good question George about the library.
Because we've had this come up in our firm.
I mean, what's going on in terms of computerization and all that kind of stuff?
Is there really enough needed?
In other words, is there too much space in the library?
Can there be a reduction space in the library and dedicated instead to something else like classroom space and things?
I will tell you that when I walk through the library, especially this time of year, there's not enough space.
The science library, which is basically the newest academic construction on campus,
I believe, opened in 2000.
That is largely student space and computer space.
There are no books.
I don't think there are books in there.
There are a couple of many.
Yeah, there are the main things.
Basement.
We had a book lower than half of the library space.
And now we have about a quarter of its forms.
And our library study.
We're trying to figure out how to renovate the library and how to going into the library.
We can serve and then the building itself and apparently not.
I'm curious.
Sorry.
Actually, maybe more space.
How does he project out the next 10 years?
Because of the computerization.
Yeah, I agree with that.
But you know, the funny thing is you'll see people in the library with computers, but
they're in the library.
And they need to study space.
We have a whole staff.
And we open this time of year.
They're open.
It's 24 hours.
Yeah, 24 hours a day.
It's open.
Okay.
This middle-stage accreditation, have any people to say anymore about?
They used to hear the years ago about space-seeing and relation teaching.
We just got the reaccredited, our 10-year reaccreditation completed.
And I believe that part of the thing was a presentation on the capital facilities that went through.
So we did present all of our capital facilities and the plans going forward and all the other ratios.
I'm not sure if there's a specific ratio that we never did.
No, back we didn't have, there was no, we didn't get hanged or criticized at all.
The surveys, the surveys, the surveys.
John, are you, how, did you set targets like diversity?
Target's not your construction project that you've let and then where are you with respect to trying to achieve and try to hit those targets?
That's your best of your knowledge right now.
We're really good on procurement, goods and services, but not really tough on some of the subs.
It's getting to the 5 and the 3.
Right.
So we're almost there.
On the housing project we did it, on the construction for larger B-school projects were there.
Great.
And big dollar projects.
Great.
We're very mindful of that.
And of course, you know, what we've done in, I mean, one of the WICS requirements and the other public works requirements, which are very costly, frankly, especially from a reporting perspective.
You know, it increases the price of all of these jobs.
I throw it.
I estimated it might be a lot.
A lot.
I mean, I'll be honest with you, not having designed build available is for the ludicrous.
Absolutely ludicrous.
Good job, man.
Good job.
John, I want to need you to see before we go to your little comment here.
Do you need the screen because I want to go ahead.
Okay.
Give me a second.
I need to help Joyce call a cat.
The cat's going to call in now because it looks like that was making the noise.
That goes your cut on quickly and then we can go to the station.
Right.
I need to power up like that.
Oh.
You do?
I do.
So.
So.
Done.
So.
Done.
Now.
Okay.
So.
So.
Done.
So.
Done.
Now.
Okay.
So.
Really?
Really?
Really.
You got a second?
Yeah.
I just talked to him.
I don't think that I'm going to stop.
I got to pull up the whole field, jerk, doctor.
Constructions.
I think.
So.
Yeah.
That's great.
We did a file delete.
So.
Thanks.
Yeah.
You know.
You're going to be put in a whole lot.
Yeah.
Oh.
That's right.
So.
Yeah.
That's great.
We did a file delete.
So.
Thanks.
Yeah.
That's great.
We did a file delete.
So.
Thanks.
Yeah.
Oh.
That's right.
Yeah.
Okay.
You're going to remain in a week for me.
I don't know.
I don't know.
I don't know.
I don't know.
I don't know.
I don't know.
I don't know.
I don't know.
I don't know.
I don't know.
Yeah.
So.
You're just a couple of minutes ago to come.
You know.
You know.
Just.
I eat it every morning.
No.
You got.
You got.
aqui.
Yeah.
It's.
Yeah.
Yeah.
Yeah.
Yeah.
Yeah.
Yeah.
Yeah.
Yeah.
Yeah.
Yeah.
Yeah.
Yeah.
I get.
Yeah.
Which would put it down?
What would you check to see?
There would have been your pixels.
Yeah.
There's four pixels.
That's supposed to go.
Who could you ask?
There.
Would you be able to see just the right.
Yeah.
Yeah.
Yeah.
Yeah.
Yeah.
If it doesn't work, you can also make it work.
Yeah.
Yeah.
That's why we don't see.
That's how it makes people think.
I'm going to look to you.
You want some guys to point out.
Yeah.
Except for that.
But if it's like your closest project out of the destruction.
Yeah.
Yeah.
I'll dig it up.
I'm not sure.
It's only made here.
I'm not really interested in the athletic field.
I'm just going to show you a more
very sharp side.
Right.
Did you or a bit, didn't Scott Clark
that on that will stay in the same field?
You know that?
From Dell High.
I guess they would do the build.
They don't do this.
I'm not going to let him.
He's going to be a point.
He's over in.
He's going to be a social based athletic field.
He's going to be a lot of people.
Half of that is up.
Well, it's a school.
He's going to be a general athletic field.
He's going to be a college student.
We got this.
It's not going to be tough.
When a nation takes a full time.
This is going to be a lot of fun.
You know, it gets you at a mountain of trees
and probably sitting there on this high level.
It's going to get in a paradise point.
You get in a paradise point.
And then just put, put, put,
put me in a paradise point.
You can just do it this way.
Okay, thank you.
Thank you.
Sorry, Donna.
Apologize for the way.
Thank you for city food.
Some of the drag everybody up can even scream.
But law school.
I'm just doing a regular.
I'm just using a regular phone and I'm getting past it.
Okay, so let's just get out and go.
Yeah, yeah, yeah.
From all over the world.
We've been on the Indian Air.
That's why.
We've been here when you went back.
So, 10, 9, 9, 9, 9, 4,
get your master first.
So, we have to search it.
Oh, I don't want to send it out.
That's 77.
No.
So, we're strictly, uh...
You have a practice law.
You have a, uh, I just want to go ahead.
You have, say,
what's up?
Oh!
You know what them if you can't never return up and then I am joined.
Never mind.
I'll go the other way.
All right.
Down 여기까지 I don't way out고 Fusion.
Iatives are turned around.
You're, I mean, you still have, really sehr nice.
Yeah that was really good.
I'm going to say welcome.
I haven't heard it.
I think you're going to be a little cast.
Sure.
Every Saturday, I got a few minutes to the last time we were on the road.
I didn't know that.
I'm going to tell you what it means to me.
I'm going to tell you what it means to me.
I'm going to tell you what it means to me.
I'm going to tell you what it means to me.
I'm going to tell you what it means to me.
I'm going to tell you what it means to me.
I'm going to tell you what it means to me.
I'm going to tell you what it means to me.
Visit久iana.
Visit久iana.
Move to the City City.
Fire on words.
Yeah, Margot.
A full moon.
That's there.
Good.
I'm just going to do a little bit of work.
We are with like, okay, so the metaphor is broke.
So you can do it today.
We're going to do it all the way.
This is all true.
You see?
I'm going to do it.
Look at it.
Pat?
Pat, can you hear me?
How are you?
Pat?
Pat?
Pat?
Pat, all right.
Good.
Okay.
Pat, is now on.
Can you hear us, Pat?
I'm going to be up in the commentary with us.
We're down to stay from here.
Wow.
Right again.
Pat, can you hear us?
Okay now?
Yes, I can hear you.
Okay, thank you.
Okay.
Thank you.
Okay.
How do you have Michael's phone?
Okay.
You sure you're going to be here?
You sure you're going to be here?
That's what we're going to be doing.
Yes, absolutely.
This is Robert, Valentine's and Pat.
How are you?
How are you?
I'm going to have to be here.
All right.
I'm ready.
I'm ready.
I can have you do it.
It's been a long time.
I think it's been a long time.
Just a long time.
Just a long time.
So we have a video conferencing.
We have a video conferencing.
Remember we were done in the John's office.
This is like ...
All right.
We could hear them but not see them.
Right.
Yeah.
See you around.
All right.
Are we good to go then, technologically?
We did it out.
All right.
Thank you Pat.
Hopefully, you can hear Don Siegel,
and he is up next.
He's up next, Dean?
I was teasing.
That is crazy.
Right, second of matter here.
We'll do our best.
It's your force.
Thank you very much.
Since this is the first time I've spoken with you, I thought it would be useful for me
to start with a little brief description of my background.
And I can have a economist and that explains why my slides are all black and white.
So I don't have any fancy pictures like John does.
I grew up in Brooklyn and I went to public high school in Brooklyn.
And many of my neighbors went to school here.
I chose to go to Columbia College and Columbia has a great books curriculum.
And that gave me a great appreciation for liberal arts and humanities because I took a sequence of courses on western civilization and on the humanities.
I like to say that I had two majors when I was in college.
I was an economics major but I was also majoring in tennis because I was on the varsity team and co-captain of the tennis team in my senior year.
And because I was an economics major, I graduated and I had very little knowledge of the business work.
But I had the good fortune to secure a position at an offshore hedge fund as a securities analyst,
which meant in those days that I spent two years of my life sitting in a room reading annual reports,
going through the financial data, writing them physically into spreadsheets, going to securities analyst meetings,
and learning how and why companies do well, how they outperform, how to measure their performance,
and trying to devise investment strategies for my boss who was managing the fund.
And I became very interested in the subject of the measurement and analysis of performance.
That was a subject that always intrigued me.
And I became much more interested in that from an intellectual standpoint.
So I decided to go back to graduate school and just went through the conventional academic route.
But along the way, I became enamored of a topic that was not just relevant from an academic standpoint,
but also from a policy standpoint.
And that was the commercialization of intellectual property at universities, which was really happening in those days.
It was really an embryonic feel.
There were very few academics who were studying the commercialization of intellectual property,
and entrepreneurship at universities.
And I started studying this topic and became interested in it.
And that's what drew me into academic administration.
That's why I became an academic administrator.
Because I started studying why some universities were doing better at managing intellectual property,
and commercializing intellectual property, technology transfer, and entrepreneurship.
And I thought that as an academic administrator, I might be able to actually influence how universities manage intellectual property,
and how they use their students and their faculty to get technologies that are developed at the university commercial.
So that's why I became an academic administrator.
And have a whole research program on that.
So I'm involved in several public policy initiatives mainly through the National Research Council,
which has several programs on the management of intellectual property and universities,
the university industry partnerships, the small business innovation research program.
So I've been involved in a lot of the policy work on that.
I also had a knowledge of the capital region because I spent four years as chair of the economics department at RPI,
which is very actively involved in the commercialization of intellectual property,
and it is doing some very creative things.
Now, in June of 2008, I became dean of the School of Business,
and what we tried to do initially was develop a set of goals for the school.
Very explicit, and most things won't do this.
They won't say, well, rankings are a goal.
We made it very explicit. These are things that we need to do.
When I came in, it was clear to me that state support was declining,
so we had to rely on other sources of revenue.
So resource acquisition was goal number one.
And that meant increasing donations and gifts, and increasing sponsored research grants and contracts.
Those were, that was the top goal.
Developing a closer connection to the business community, securing national and international rankings,
promoting entrepreneurship and regional economic development, which we could see was important,
because tech valley was changing the nature of the regional economy.
And then finally promoting women and minorities in business and economy.
Now, in developing these strategic goals, we had three fundamental principles.
One was faculty governance, so we reached out to the faculty.
We had their, we received their buy-in for these goals.
We also consulted our boards.
The School of Business actually has four boards.
There's a Dean's Advisory Board, which is mostly New York City Investment Professionals.
The School of Business Advisory Council, which is mostly local business leaders,
many of whom were at the event that George was talking about before, and said to you.
And then we have the accounting, has its own board, accounting department.
And then we have a Center for Institutional Investment Management, which has its own board.
So we met with all these groups.
We met with the students.
We met, of course, with the faculty and the staff.
And we decided that the first thing we needed to do was make sure that the goals of the School of Business
were aligned with those of the university and SUNY.
I love to use the example, you know, I knew when I became an academic administrator
that universities were highly political, and I love to use the example of one of my idols
is Dwight David Eisenhower.
Okay, and that's not a name that you normally associate with university administration.
But Eisenhower was actually one of two US presidents who served as president of the university.
The other was Woodrow Wilson, who was president of Princeton.
And the story goes that when Eisenhower was elected president in 1952,
he was at the time president of Columbia University.
So when he was elected, he was visited in the Oval Office by an influential alum,
Vanua McColumbia.
And he said to the president, he said, Mr. President, how do you like your new job as president of the country?
As opposed to your old job as president of Columbia?
And he said that one of the things he liked this is Eisenhower.
One of the things that he liked about his new job as president of the United States
as opposed to his old job as president of Columbia was that his new job was much less political.
Thank you, that I appreciate.
So it's very important, if you want resources, this is what I said to the faculty.
I said, if we want resources from the Central Administration,
if we want resources from SUNY, then we have to pursue the goals that the university and the system want.
So we did that.
We also said that we would be collaborative, and I'll explain what I mean by that.
In pursuing these goals, we used four very important tactics,
I think first and foremost, alumni engagement.
We have a vast network, thousands of alums, who are very important business professionals.
And what we tried to do is engage our alumni in the classroom at research conferences.
We've been running a series of research conferences that they're interested in,
in finance, in accounting, in technology, transfer and commercialization.
And we have actively engaged our alums in the pursuit of those goals.
And I'll describe some of the initiatives. You'll be amazed when you hear of them.
We also thought it was important that this gets back to politics,
that we had to collaborate with other colleges on the campus, that had to be the critical tactic.
And we've done that, and I'll mention some of those partnerships.
With other colleges at this university, but also partnerships with other colleges and universities in the region.
And we've launched several of those initiatives.
Marketing is important because our students are doing exceptionally well in a job market.
Our faculty are publishing and getting grants.
We need to promote that.
And then we engaged in a series of programmatic initiatives,
and research and community service initiatives that relate to entrepreneurship.
So entrepreneurship is a critical theme of the school business now,
and you'll see some of those programs.
This is important again. Why?
Because the university and SUNY Central, the power of SUNY, the 2020 initiative that George was talking about,
the consistent theme is entrepreneurship, economic development, the university as the engine of economic development in the state.
And we want to be a part of that.
So that's why we've pursued these initiatives.
Now, just again, some stylized facts about the school.
We have a very highly selective undergraduate program.
We just recently raised our GPA requirement to 3.25, so it's very difficult to get into the school business in general.
We have about a thousand students.
We offer two majors.
We have master's programs both in business administration and accounting.
We run a variety of MBA programs.
We also have an MS program in accounting with specializations that are very, very popular.
Accounting is very popular now because for several reasons, one, it's viewed as a safe haven in the recession.
And in fact, placement is very strong.
I'll mention some of the placement numbers.
Number two, New York State now has a 150-hour credit-award requirement for the CPA exam to be licensed as a CPA.
So many students want to get a master's degree in accounting.
And we offer very high-quality specialized programs.
Let me talk about accreditation, George mentioned that before.
Despite the recession, we recently were re-appredited by AACSB.
This just happened in the last month.
And this is very important for the school because this school was the first in the country to be accredited by the CPA.
To be accredited by AACSB at the undergraduate and graduate level in 1974.
So there's that legacy.
But I would argue more importantly, we are one of only three public universities in the state of New York to have dual accreditation in business administration and accounting.
And what that means is that our accounting programs are very highly scrutinized, not just by academic experts in accounting, but by practitioners.
So one of the members of the accreditation team was a partner at KPMJ who evaluated the quality of our programs and gave us very high marks for that.
I also look to point out that both Binghamton and Stony Brook do not have dual accreditation.
They are not as strong in accounting as we are.
And Rutgers, I gave a talk at Rutgers a couple weeks ago.
So I found out that they had just lost their accreditation in accounting.
So this is a real feather in our cap.
It helps differentiate us in the marketplace.
And because accounting is such a core competency of the school, it really helps us that we were just recently re-appredate.
Placement, outstanding.
I have a couple of copies of an ad that Ernst and Young placed in our student newspaper congratulating the university on the 39 students.
That Ernst and Young hired this year alone from the university.
And that's just Ernst and Young.
Our numbers at the other three big four firms, Pricewaterhouse-Doopers, KPMJ, Deloitte and Tush are very, very strong.
We are also doing exceptionally well in investment banking.
Here's a stylized fact that stuns many people.
We have many alums at Goldman Sachs.
And we were able to determine that the university at Albany is number three in terms of the undergraduate institution of Goldman employees.
So we are placing students not just in accounting but in investment banking.
And again, 11 students were placed from undergraduate, not graduate program, undergraduate program to Goldman Sachs in the last three years.
I think that's amazing. That really puts us in the same league as the elite private universities.
And I think that's really great.
I think that's really great.
And I think that's really great.
And I think that's really great.
And I think that's really great.
And I think that's really great.
And I think that's really great.
And I think that's really great.
And I think that's really great.
And I think that's really great.
What are we doing to try to infiltrate those?
That's actually my next slide.
But we have a financial analyst honors program, which is among the best in the world.
It's an elite undergraduate program.
You have to have a three five to get into this program.
And these students are there to write a thesis.
It's an honors program.
So they have to write a thesis.
And they are also trading.
And we have a student investment group.
And the student investment group runs the endowment of the university.
And actually does better than a professional money.
Well, that's right.
But if you could say you have more best than a good result.
Yeah.
I mean, this is a program that is,
the students are very heavily mentored, not just by the professors.
But we have alums coming back to campus.
This is part of the alumni engagement strategy.
We bring hedge fund managers here to,
we actually brought two hedge fund managers here.
One who actually runs a real hedge fund.
And another who is trying to set up a virtual student-run hedge fund.
He's done it at Duke and some other schools.
He wants to do it at UAlbany.
These students are very well trained when they go out in the marketplace.
We heard about this at the dinner.
Michael Borers gave a great speech at the Alumni Association dinner.
I was beaming because what he, here's what he said.
He said the business school is doing a great job of preparing the students for the job market.
Now, number one, and he said that we have an alumni network out there
that's helping the students get placed.
And in fact, that's one of the reasons why we're placing 11 at Golden.
It's because we have people like Michael Borers out there opening doors for us.
So that alumni network that you refer to is as strong as ever.
And I had somebody ask me, you know, why should somebody hire an Albany graduate?
And I say, well, okay, I went to Columbia.
But I always think of the equation.
Output equals effort times ability.
I mean, yeah, maybe the students at Columbia have greater ability.
But our students have a work ethic that is amazing.
And especially the students in that program.
You know, I, here's a story about that.
I'm an early riser.
I go into the office 6 a.m. on a Saturday morning.
I see the light on in the finance office.
And I think to myself, wow, we have some really dedicated professors here.
We're here at 6 a.m.
So I go into the office.
It's not the professors who were in there.
It's the students who are using the Bloomberg terminal.
The one Bloomberg terminal that we can afford.
They're in there at 6 a.m. on that Bloomberg terminal,
devising some kind of investment strategy or working on their thesis.
So I see a work ethic here from our students.
And I think that's why employers like us.
I think because they know that we have them.
And that's why we're doing so well in the job market.
I also like to point out that we do very well in the local region as well in the job market.
GE, ACO, CL, King, CDPHP.
And we're also very happy that we're placing students at global foundries.
In fact, the HR director of global foundries is one of our graduates.
Recent MBA graduate.
So we're looking at, you know, to that as they develop more professional positions.
So I was hoping to be in place there.
Again, alumni support and engagement is at its highest level.
I expect that to increase because we're doing a series of events that I'll tell you about.
Both here and down in the city.
We are taking our events down to New York City.
Because that's where most of our alums are.
And I'll talk about that in a second.
Despite the recession, we have launched a series of programmatic initiatives.
That I think make us more appealing to employers.
We have our directed mid program, the financial analyst program, and our office program that I mentioned.
One of the most innovative programs in the world actually is the financial markets regulation program.
Which I'd like to point out was launched before the financial crisis.
It was launched in 2006.
So it's a great concept.
And it's another example of collaboration.
Because it's a partnership that involves the school business, the college of computing and information, and Rockefeller college.
And those students can get jobs very easily.
We have Finra coming to us now saying we need more students.
We need you guys are doing a great job.
We've also developed some initiatives that partner us with NANO.
We now have a NANO technology track in our part time program.
I'm salivating, looking over there, seeing all those scientists and engineers who are coming in from NANO.
They want to get an MBA in the evening.
Well, come right here and take it from us.
We've also incorporated sustainability into our curriculum.
We have a G3. We call it G3.
It's going green globally.
And what that means is the students are working on consulting projects related to alternative energy for mostly local organizations, other faculty supervision.
We have now finally had approved undergraduate concentration and entrepreneurship.
I think this is going to be very, very popular.
And I felt so strongly about this that I violated one of my fundamental principles as an economist.
I volunteered to teach the course in entrepreneurship.
This semester I'm teaching the course introduction to entrepreneurship and the enthusiasm that I see from these students.
We did a survey of our students and we found that 50% of our students are thinking about starting their own companies.
And until we had this undergraduate concentration, we had no way to try to channel that into a real startup company.
And we're going to be trying to do that at the undergraduate level and the graduate level.
So I'm really just excited about this undergraduate concentration in entrepreneurship.
I hope it leads to an entrepreneurship minor across the campus.
Because I think that there are students and other colleges that have that entrepreneurial spirit and we need to tap into that.
We also have a very innovative track in our master's program in forensic accounting, which has become very popular.
Again, because of all the financial investigations and all that.
Now, before I said that we had some goals, well, we like to think and the accreditation teams agreed with us.
That we've accomplished those goals over the last three years.
We were recently ranked four times by Princeton Review. We like Princeton Review now.
We were ranked four times by Princeton Review in the top 15 nationally, including being ranked number two in the country for providing the greatest opportunities for women.
And I would argue that we're really number one because they put Simmons College first.
That's all women. That's not really correct.
But so we have national rankings.
And I'd like to point out that none of the other SUNY Research Center schools, Binghamton, Buffalo, Stony Brook, were ranked in the top 15 along any of the nine categories over the last three years.
So we're out performing-
We're not competitive here at home.
Well, we are.
We have the best business school in the SUNY system.
And I say that because I do not believe that the students are our customers.
I believe that the employers are our customers.
Does our market research among students now, not employers?
Does our market research or every done market research indicate to us that that this can be perceived?
I mean, Matthew, I'm not denying that it's real.
I don't- I would have to say I don't think it is perceived.
I think we need to do a better job of getting-
I would have to say that too. I don't know.
I mean, I know where I live. It's probably not perceived.
We need to do a better job of getting this Ernst & Young message out.
And this is why I'm going to talk about one of the things we did this semester, which I think is very important, to get that message out.
I want to talk about that in a minute.
I want to have a student do that as a student project, the market research.
Seriously, because that- and the research would help-
you know, it would help- because you talk about marketing.
I mean, I- I never took a market inquiry, but I've told a couple.
I mean, who's talk about doing market research so that your market-
your marketing is focused?
Well, you know-
It's very-
It's quite a pilot on it.
Good night, sir. I'm going to get in.
We've also, in terms of accomplishing the goals,
we've also been very successful in raising money through donations and gifts.
But what I'm actually proud of, because a lot of business schools can do that, and we have very successful alums.
But one thing that we do that's very different, and here is where I know we're better.
Not only then all the summy schools, but almost all the business schools in the country.
And that is raising money through sponsored research, grants, and contracts.
So that's been a major strategic change.
Is getting the faculty to also think about securing grants.
And- and the accreditation team pointed this out.
They said, wow, you guys-
I can't believe the volume of grants for a business school is unprecedented.
So that's unusual and that differentiates us.
We've also done a lot more research conferences I'll talk about.
Some of them, we've also stepped up on community engagement.
We do a lot more field projects, which are year-long consulting projects.
Reloading organizations.
We have incubator evaluation project going on.
And last week, we launched the inaugural New York State Business Plan competition.
We had started this last year as a regional event.
Now it was a- it's New York State.
So we had all the major research universities competing.
Columbia, Cornell, Syracuse, Rochester, Binghamton.
And- or they were all there.
And of course the reason why I'm mentioning it is because we won the Clean Tech Sustainability Track.
And- and now here's an interesting anecdote about that.
The founder of that company is an MBA student of ours.
It works at Nano, but is taking courses and will graduate this next week from the school of business.
They started a fuel cell company and they are working with students at our PI.
This is exactly what we wanted to do, what we wanted to accomplish when we launched this business plan competition.
We wanted students from different campuses within the region to work together on ventures.
And that's what we're seeing now.
We're seeing that cross-fertilization to take advantage of the quality of human capital in this region, the student quality.
So I was very proud that they won.
We also had a team that came in third in that competition.
But as competed at Wharton in the Walmart Innovation Challenge, Wharton has a sustainability-
National sustainability competition.
They won the regional competition that is they beat Wharton, they beat Georgetown,
they beat Maryland, they beat the University of Virginia to go on to the nationals where they lost to MIT and Stanford.
But they did a great job just making it to the national championship.
So we have tremendous entrepreneurial talent here at the graduate level and the other graduate level.
I'll skip that.
We also have, I'll talk about this, been actively
in the context of improving conditions for women and minorities in business.
This year we launched two new student groups.
The first is called Women Excelling in Business.
Because we want to continue to draw on that strength that we have in promoting women in business.
And we also launched the Association for Latino Professionals in Finance and Account.
So we're moving ahead along that direction.
And then we have a variety of entrepreneurial initiatives, some of which I mentioned.
I do want to talk about a couple of these.
The most important one is what I will call the Social Entrepreneurship Program.
Social Entrepreneurship Project.
And I'll talk about that because it's a partnership with our small business development center.
But more importantly with our School of Social Welfare.
So this is a very unique program which provides loans to entrepreneurs who would not qualify for loans based on
conventional financial criteria.
So typically when you apply for a loan they look at your credit score and they look at your platter.
What we have devised is a new program that looks not just at those financial factors but character.
So these are character loans, quote unquote, there's some character aspect to it.
And we are providing the entrepreneurs with training and mentoring.
Our students, our faculty and staff in the Small Business Development Center will be helping these mostly minority and women entrepreneurs
launch their new businesses and help them grow.
We're doing this with, we just got a grant from the Empire State Development.
Because what we are saying is that most economic development strategies are targeted to technology based businesses.
And clearly thanks again to the University at Albany, this region and state is, you know, the technology based economic development is there.
But there's also the bottom of the pyramid, what CK Prahala had called the bottom of the pyramid.
What do we do about the small service establishments that are being started?
So this problem is targeted to that, you know, the bottom of the pyramid.
And we're working with CFQ on this because CFQ is providing the money to lend to these entrepreneurs.
So it's a unique program and what makes it unique is that it's actually a research project.
And we're doing that because we want to leverage this. We want to get major grants from foundations and federal agencies like the, you know, for example NSF or the Small Business Administration.
And so we have the valuation built into the design of the program. It's a highly innovative program.
And we think it's going to be a model for the rest of SUNY and potentially nationally.
Are they recourse loans or are they recourse or not recourse?
They recourse, yeah. But the idea behind this is we're going to be setting up a social network basically of these entrepreneurs and the people who are helping them.
And we think that we want to prove nobody has ever really demonstrated that character loans can work in terms of research.
So we think a lot of people will be looking at this program and saying, doesn't work and if it works, we'll match it.
So it's going to attract a lot of attention because of that.
And again, so it's character based. There will be students involved. We also will develop a social entrepreneurship minor.
So we think of this as having an educational value for the students as well and linking the two schools and having a minor, let's say, that in social entrepreneurship, which would link students in both schools, who have an interest in promoting these social enterprises.
You mentioned the recourse. It's recourse, but frankly, really not recourse. The character based loan is an uncollateralized environment that part of the character is the recourse.
That's part of the formula for the character loan. Is that right? Yes.
And we'll be announcing that. We haven't actually announced that officially yet. We're going to do a press conference on it because it's such an innovative program.
And we really want to try to scale it up as quickly as we can. And I'm confident that we can do that.
The other program that I'm very excited about, in fact, it's on the cover of our alumni magazine, is a program called Young Entrepreneurs Academy.
And this is a very good example of community engagement. And it is designed. We bring middle and high school students to campus to learn how to start real companies.
So these are, and this is not a junior achievement kind of program. These are real companies. And with real investors, real business plans, and the idea is that the students, and I love the motto, is you start as a student and you finish as a CEO.
And the students love it because they're learning a lot about business and entrepreneurship. But they're also, I mean, could you imagine going on a college interview and talking about your own company?
That's got to impress the interviewer. So this is a very, very good program. We have already secured a sponsor for the program who's very excited about it.
Michael Hoffman, of TURQ Hotel. And we have used our advisory board. Several members of our advisory board are investing in these student run companies.
So we're going to be building up that program and we're very excited to have it.
The only other university that has a chapter is the University of Rochester.
This was a program that was started at the University of Rochester with support from
the Kauffman Foundation.
And this is another part of our strategy because we want to go to Kauffman and ask, we take
this program which they support.
And we've done a very good job of helping them and promoting them.
The social entrepreneurship project that we've developed and also the educational initiatives
that we've started in entrepreneurship and go to Kauffman and say, Kauffman, look, you
have given money to Rochester, you've given money to Syracuse, you've given money to
NYU, why not give a multi-million dollar grant to Albany?
We really need it and the return on investment will be high.
So that's part of this strategy.
Now I mentioned alumni engagement and I'd like to think that we, this is such a critical
tactic for us and it's critical and we have a lot of alumni to draw on.
We've had a series of events that have been actively supported by our alumni.
The first was the YDA Investor Panel which took place in the atrium here.
So this was like a business plan competition in the middle and high school students.
We did an event.
We had the investors there.
And then on April 21st and this gets back to your point about advertising the success
of the school in placement.
But the first time in the history of the school, again, this was because of a lot like Pat
who told us that we should be doing this, we held a reception for direct admits.
The high school students, we held a special reception for them.
It was a beautiful reception at Deloitte headquarters in New York City, depressed the parents
and students immensely and we would be doing this on an ongoing basis.
And the message that we get that we have there is your kids can get a job at Deloitte or
a KPMG.
We also had alums come from other firms.
And these are kind of connections that we have.
And it really impressed them.
And they go back and they tell their high school friends about it.
We did the business plan competition which was funded generously by CFQ.
And the president of that company is a double alum of the school of business.
And other alums supported that competition as well.
Just last week we had two events which are targeted to minority students in accounting which
have been actively supported by Ernst & Young.
Ernst & Young has given us a money to promote minorities in accounting.
Not just at the college level, we also have a high school program that we run over the
summer.
They supported that as well.
And we expect that to continue.
That is a very good example that George was talking about of a university industry partnership.
Because here's a good example of how they helped us as a customer.
They came to us and they said you need to improve your communication skills, the students
communication skills.
So we said to them okay fine, can you give us some money to hire an instructor for that
particular course?
Can you bring someone from industry who can help the students do better when they reach
the job market in terms of their communication skills?
They stepped up, they gave us some money to support that initiative.
So I think that we can work with our industry partners to make education better for the
students and make them more successful in the market.
We have some upcoming events I mentioned, the social entrepreneurship initiative, we
now have a nice acronym for it which we're going to try to use.
Because the way we were able to get the state money was to say that this was a way of promoting
economic development.
You know you guys really invested a lot in technology but you also have to think about
the bottom of the pyramid and we have a great program to help increase the probability
of success.
Now we also want to make use and I visited this facility of the wonderful SUNY Global
Center in Midtown Manhattan.
Most of our alumni are in Manhattan.
So we're going to be doing a series of events at the SUNY Global Center starting in
two weeks.
This is a research conference for a major journal in the field of finance.
But at lunchtime we will have a practitioner panel featuring alumni of the school business
who are in alternative investments.
In hedge funds, in private equity, in real estate, in other alternative investments.
And we're going to be drawing on our alums and we expect alums to be very actively involved
in that event.
On June 8th, we're sponsoring, we're the second university partner of an organization
called Corporate Directors Group which provides professional training for individuals who
serve on the boards of publicly traded firms.
Now, we know that we have a lot of alums who serve on publicly traded boards of publicly
traded firms who live in the city.
It's free for any alum.
So this is a free event, both, actually both events are free.
But we think these are events that would be of interest to our alums.
So we want to make use of that center.
It's a beautiful facility for our conference.
We're going to have a groundbreaking ceremony for the new school of business building.
In September, for the first time in the history of the school, we're going to be hosting another
event that I believe will be very attractive to our alums.
This one will be on campus, which is the fourth New York accounting and finance forum.
This is also a research and practitioner oriented event.
We stole it away from Binghamton.
We stole it away from them.
So I'm very happy to be hosting that.
And the Lloyd has already stepped up to support that event.
Now, John talked about, most of what I've focused on, and remember, 2008 recession, right?
The recession has been a godsend for the school of business.
We've accomplished a lot during that period.
And so all the things that I've talked about so far, I have not mentioned the building.
I have not mentioned physical capital.
I've only talked about human capital.
So I think it's great that we have a new building, but it's important that we have made that
progress, that we have better programs.
We have stronger connections already to the business community.
We have more research.
We have more funded research.
So now we're ready to occupy, hopefully, in two years, the new school of business building
with John talked about before.
Now I think this is going to be a great way to engage our alumni.
We're going to have a facility where we can run events, receptions.
It's going to be a great building.
The classrooms are going to be state of the art, latest technology.
It's going to help us do a lot more for the students.
And again, if we are doing well now in terms of placement, we're going to do even better.
Because this is going to be a more attractive place for employers to come.
So I think the future is just incredibly bright.
We want to have two entrepreneurship centers in the new building, one that would be focused
on the technology side.
And we're partnering with NANO and with the RNA Institute to try to get some of those
technologies commercialized.
We have some grant proposals in with RNA Institute to try to get some of the life sciences
technologies commercialized.
And then we'll have a social life for the Pinership Center.
I'm expecting that to be evolved out of the project that I mentioned before.
We also have a faculty member who's one of the world's leading experts on cybersecurity.
He already has a center.
He's been securing a substantial amount of funding.
So he's going to bring his cybersecurity center in there.
We have our existing Center for Institutional Investment Management.
And this is just going to be a great facility for us and help us do a lot more for everyone,
all of our stakeholders.
That's really all I have to say.
But I just want to say that we are forging ahead and doing as well as we've ever done.
And that was confirmed by the accreditation teams.
They basically had nothing, pretty much nothing negative to say about it.
And they just said it's amazing what you've accomplished with the Dwindling State Support.
I'm just a terrific job.
I wish you had a little more enthusiasm.
John is a great job and I think he's really restored the school of business to its former
prominent and gone beyond that.
So thanks all so everything you've done.
Thank you.
You've made presentations into an aerobic art.
I think you can certainly instill that.
I can't imagine anybody working with you not having communication as a core tenant in
what they can do with delivery.
So that was great.
You know, I think that's the first, what George said because it hasn't been that many
years before Don came back.
The school business was facing a lot of instacredation.
And he had revived, degraded, and it's amazing.
And that's why I pray for him.
I have to be supportive because they see that it's just after right now and it's really
working.
So a big pat on the back.
Thank you.
Not one question.
Is there any plan for student incubator?
That's my dream.
To have that.
Now, I might as well.
You're going to have to be entrepreneurs.
Yes.
I have a neck and soft business right here.
Oh, that's really what I want.
And you know, in theory though, my understanding of the issue is that we can't do that.
I'd Washington Avenue.
And I think that's a shame because I know of at least four or five student companies.
And I think they go to Harrowman to start their companies where they go off campus.
And I think that's a shame.
I think if we had an incubator, the plans are if we have the freedom to do so, to have
incubation space, some incubation space in the New Gilbert.
And that's what we need.
Because I can tell you that the demand is there.
It is there.
Because we had undergraduate submit business plans for the competition.
And I know that our graduate students are starting companies because they're winning
business plan.
You know, they're winning the, they have real companies that have won the competition.
So it's a shame that they can't do it here.
And I think we need that freedom.
We need that freedom.
It's also another anomaly of New York State.
Yeah.
Just a sec.
Yeah.
Thank you very much.
Thank you very much.
Thank you very much.
Thank you very much.
Thank you very much.
And then we need to back up to Steve going to go and then we're going to go to the
rest of the session.
Yeah, Steve, the brief thing is then right to the resolution.
Okay.
So you would have got a little, sure.
We're bringing, we're going back to student hazard.
Finding, following the Jerusalem presentation, Steve got a brief comment.
As you know, Stony Brook, this past fall, and trying to deal with this budget cut, proposed
cutting the Southampton campus and started down that road and then got stopped at its
tracks when it was determined that they had that they kind of committed a technical flaw
and hadn't actually done any formally with the students of council to get permission
to do that.
The Board of Trustees wrote, or I should say passed the resolution in January of this year
bringing clarification.
And basically, state explicitly, that student housing developments need to have explicit
council approval.
So we heard we put together the resolution, given the fact that there's a new toll in
the ground out there and lots of pounding, I appreciate an affirmative vote on the resolution.
But in order to cross our keys, don't arise and make sure that we can't get challenged.
There's an executive summary in your package that I think was distributed two and a half
years ago or so as we're at the head of this.
But we just did point thinking in terms of formal resolutions because it wasn't an issue
until the Stony Brook problem.
So in order to play a little bit of catch up, there's a resolution that would provide
your approval to go forward with the liberty tariffs, the liberty tariffs housing.
Right, I just done that point.
I mean, I think the previous briefings constituted probably a review and we have that update today
clearly.
So I think there's been a continuum there in educating and keeping the council abreast
of the developments.
I think this resolution seeks to ratify our recommendation and approval of that and
would seek a motion to move this resolution.
I move second.
Second.
Okay.
All in favor?
All right.
Thank you very much.
You're welcome.
Now, give us another kill himself.
He still has to kill himself.
Okay.
I think ACT, Pierre, on the agenda?
Oh, very quickly.
The ACT continues to hold the periodic reported directors meetings, which Michael joins us
on.
Big thing out is to survey on the annual conference.
It's coming up and if it's going to be a one day, two day, whatever.
But that should be out for those that have participated in the annual conferences in
the past.
The other thing is that we're still working on the scholarship, which we will inform all
of the campuses on the two scholarships per region that ACT offers to students and we're
going to kick it up to $1,000.
So, uh, Albany applied last year and we would expect a similar application for those and
we'll have that information out relatively soon.
And I think there were only two colleges that did not college councils that did not adopt
a resolution in favor of the rational tuition program and the association stands ready
to assist as soon as the campus isn't any proactive advocacy work.
Great.
I would just say that as someone on those calls, Pierre's doing a great job pulling that
group together.
It's nice to see them and actually doing something.
Seriously.
I mean, because it's been really sort of a little hollow for the last couple of years.
Pierre, that will do anything to get out of the house.
Yeah, because if we do it all by the way.
Stay in the house.
I think, uh, you know, closing with Farding and University of Development's appropriate
analyst been some major achievements in Farding.
I started by asking for a moment of silence.
A family member, like suddenly, um, tragically, I was standing here earlier to speak.
So I wish you would.
I'm just kidding.
I told you it was a lie.
I told you it was a lie to joke when you told me at the first time.
It's such an idiot.
Wow.
You got it.
The jokes didn't say something.
We were.
We helped a tape there.
Oh, sorry.
That's an edit.
No, we didn't.
It's such an idiot.
There's a joke.
It's not a joke.
It's not a joke.
It's not a joke.
It's not a joke.
It's not a joke.
It's not a joke.
It's not a joke.
It's not a joke.
It's not a joke.
It's not a joke.
It's not a joke.
It's not a joke.
It's not a joke.
It's not a joke.
It's not a joke.
It's not a joke.
It's not a joke.
It's not a joke.
It's not a joke.
It's not a joke.
It's not a joke.
It's not a joke.
It's not a joke.
It's not a joke.
That could be edited.
That could be edited.
That could be edited.
That could be edited.
That could be edited.
That could be edited.
That could be edited.
That could be edited.
That could be edited.
That could be edited.
That could be edited.
That could be edited.
That could be edited.
That could be edited.
That could be edited.
That could be edited.
That could be edited.
That could be edited.
That could be edited.
That could be edited.
That could be edited.
That could be edited.
That could be edited.
That could be edited.
That could be edited.
That could be edited.
That could be edited.
That could be edited.
That could be edited.
That could be edited.
I feel good to stay.
I will end now.
My name is
Missive,
um,
Missive,
I appreciate everyone with disabilities.
This is all the effects of a
funded independence program.
This is all the effects of a
funded partition program.
This is all the effects of a
funded paycheck program.
This is all the effects of a
housing program.
This is all the respects to
iltonian village.
This is all those cuts.
This is all those cuts.
This is all those cuts.
This is all those cuts.
This is all those cuts.
This is all those cuts.
So that has been a very, very successful campaign for us.
And also one thing you've noticed on most of our publications now from the foundation,
something is called QR codes.
I didn't even know what that was.
That is you can put your phone and go directly to our website.
And we started that with our student, you all on the United campaign because so
many of your students were given.
The flip-flip part of that is now you have to have a mobile, friendly website for giving.
And we started a couple of pilot websites on this.
It could be a fact because right now everybody is doing what it looks like.
But it's been very successful and we've seen a lot of traffic coming through the QR code.
That's what I was fond of using.
We had a number of six figure gifts last time.
We met.
I just want to mention a couple of them.
For the athletics program, Steve and Bruce Day, they both played for Coach Ford.
They made a pledge of $100,000.
The compass group gave us $150,000 for student scholarship.
This is not a six figure gift, but I think it's very important to mention.
When you see it, we secured our first major gift for Rocketfoot Arrange Institute.
And this is from Ambassador Blankin, that's the $75,000 gift.
We're working with Ambassador Blankin for a endowed program there, but this was the first gift
we gave for the Rocketfoot Arrange Institute.
And finally, we closed on a plan gift of seven figures.
This is for scholarships, research, and athletics program.
And I'd like to soar if he wants to give any more detail on that gift.
Not that the moment, but I want to recognize soar for his good work and he's been working
on that gift since 1969.
Wow.
So, I'm going to go wild.
Soar, I'm better known as the Piedtite World of the Air.
I'm just...
I'm May 15th.
I'm May 15th.
The ground breaking, we're going to have a lecture here at six o'clock by Jack Stozak,
at five o'clock.
Jack Stozak, he's in Noveloriat, and his talk is going to be on locking the origins
of evolution, the design, and synthesis of artificial and biological sound.
And that's going to be on June 15th.
And Dan Siegel had a mistake in his presentation.
Not all your panelists are made for the 20th or the 20th of his school of business.
All of them is a history major.
Oh, stop.
Excellent.
Oh.
Oh.
That's right too, Bernie.
That's right too, Bernie.
That's my 40th.
If you have any questions.
Thank you.
Well, it's fine.
Okay.
Well, I think that's a very full and thoughtful meeting.
Anybody have any other business they want to bring before the council?
I, I, I, I, I, I, I, I, I, I'm going to be there.
I just have no idea.
I'm going to tell this guy.
If I need to take another minute and just talk about your success relative to the fundraising
activities that you've had overall, the percentages.
The percentages of this kind.
Your, the performance of the portfolio, the performance of your fundraising activity.
Oh, so I, so I may have mentioned it last year in the University of Albany Foundation
which is us in the University of Albany.
We had the best performance among all the campuses in the capital region.
That includes our PI, Skip, Moses, such.
Our endowment went up 19.5%, 15.5% of that was investment.
Return and the rest was just a month of cash that was brought to the budget.
We are past 30 million dollars in endowment.
And actually today, as of April 30th, we were up 20% in our performances for our, for
volume.
fiscal year's July 1 through June 30th.
Yes.
Yes.
So the inverse.
Well, relative to others is that we're in the top desis as opposed to the bottom.
It's where we started.
Yeah.
Very nice.
There's an inverse correlation between his humor and his profession.
He's humor, his humor sucks, but it's more humorous.
Can I turn?
Get him out.
Get him out.
Get him out.
Get him out.
Get him out.
Get him out.
Get him out.
Get him out.
Get him out.
Get him out.