University of North Florida
Board of Trustees
Finance and Audit Committee
August 25, 2009
at 4:00 p.m.
Item 1 Call to Order
Chair Kendrick 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.