BOARD OF TRUSTEES

SEPTEMBER 14, 2006

APPROVED ACTION ITEMS

a. 2005-06 Budget Revision

It was moved by Mike Emerson and seconded by Karen Vander Ark to revise the 2005-06 budget and approve the expenditure of $651,545 from the un-obligated fund balance.

The motion carried.

b. President’s Contract – action postponed to October meeting