University of North Florida
Finance and Audit Committee
Conference Call
August 25, 2009 -- 4:00 p.m.

Agenda

Item 1              Call to Order

Chair Twomey will call the meeting to order.

Item 2              Approval of a Settlement for the Litigation of the Science and
                         Engineering Building

Mr. Chris Wrenn, Associate General Counsel, will summarize the terms of the proposed settlement of the University’s potential litigation against the contractors, architect, surety, and other insurers relating to improper design and construction of the Science and Engineering building.

President Delaney will address the administration’s recommendations with regard to settlement.

Proposed Action: Approval. Motion and second required.

Item 3              Adjournment

Chair Kendrick will adjourn the meeting.