MINUTES OF THE SPEICAL MEETING OF THE BOARD OF DIRECTORS
UNIVERSITY OF LOUISVILLE ATHLETIC ASSOCIATION, INC.

                                                In Open Session

Members of the University of Louisville Athletic Association, Inc. Board of Directors met on Friday, December 22, 2006, in the Jefferson Room, Grawemeyer Hall, with members present and absent as follows:

Present:            Dr. James Ramsey, Chair  
Mr. Bob Benson  
Prof. Tom Byers 
Mr. Burt Deutsch                                                                                   
Mr. Brent Fryrear
Dr. Henry S. Enck                                             
Mr. Gordon Gahm                               
Prof. Brenda Hart        
Mr. Wade Houston     
Mr. Harry Jones                                    
Prof Bruce Kemelgor
Mr. Tom Jurich, ex officio
Prof. Melissa Laning   
Mr. Darrell Messer   
Mr. Larry Owsley
Prof. Craig Roberts
Mr. Mike Seebert
Prof. Robert Stenger
Prof. Gerald Tolson 
Prof. Elaine Wise  
Dr. Shirley Willihnganz

By Phone:         Mr. Owsley B. Frazier

Absent:             Mr. Zach Brooks
                        Mr. Grant Helman
Dr. J. Blaine Hudson 
                        Prof. George Raque   
                        Mr. Sam Rechter                                                                                 
                        Mrs. Annette Schnatter

From the
University:        Ms. Angela D. Koshewa
Mr. Mike Curtin
Mr. Keith Inman
Mr. Kevin Miller
Mr. Kenny Klein
Mr. Gary Friedman
Mr. Pete Cautilli
Ms. Kathleen Smith                             
Ms. Debbie Dougherty

I.          Convene the Meeting                                                               
           
            Having determined a quorum present, Chair Ramsey called the meeting to order at 12:30 p.m.

            Consent Agenda

• Minutes of the meeting 11/29/06    

Prof. Kemelgor made a motion, which Prof. Byers seconded, to approve the minutes of November 29, 2006. The motion passed unanimously.

II.         Action Item:  Approval of Yum Practice Facility                                   
Mr. Jurich reported the proposed Yum! Center, a basketball/volleyball practice facility, will include 1) coaches offices for volleyball and women’s basketball; 2) additional courts to increase practice space; and 3) improved training and weight room facilities.  Prof. Stenger made a motion, which Prof. Hart seconded, to approve the
Athletic Director’s recommendation that the Board of Directors authorize the construction of a basketball/volleyball practice facility and designating the facility the Yum! Center.  The cost for this facility is approximately $16 Million.

            The motion passed unanimously.

III.       Executive Session                                                                                

Mr. Deutsch made a motion, which Mr. Benson seconded, to go into executive session at 12:35 p.m. to discuss a personnel matter and a real estate matter pursuant to KRS 61.810(1)(f) and (b).  The motion passed unanimously.

IV.       Open Meeting Reconvenes                                                                  

Chair Ramsey reconvened the open session at 1:20 p.m. and reported that during executive session the Board discussed a personnel action and a real estate matter.    
           
Purchase Building and Land from Murphy Properties, Inc.

            Mr. Seebert made a motion, which Mr. Jones seconded, to approve the

Chairman’s recommendation that the Board of Directors authorize the President or his designee to take all necessary action to acquire the real estate located at 2811-2823 Floyd Street per the recommendation of the Athletic Director;  and

To use liquidated funds from the Hickman-Camp Endowment to expedite the purchase of this property. 

            The motion passed with Mr. Fryrear and Prof. Byers abstaining.

            Personnel Matter

Chair Ramsey summarized the many academic and athletic successes of the University.  On behalf of the Board, Dr. Ramsey thanked Mr. Jurich for his dedicated service and indicated a priority of the University was to keep Mr. Jurich in the University family.  Chair Ramsey recommended Mr. Jurich’s employment contract be extended two years, increase the base compensation and the deferred compensation, as well as provide additional funds for tax planning purposes.  Chair Ramsey further requested authorization to work with the lawyers to finalize these provisions.  Mr. Jones made a motion, which Mr. Houston seconded, to approve the

Chairman’s recommendation that the Board of Directors authorizes the President to update and execute a revised employment contract for Athletic Director Tom Jurich to include the Chairman’s recommended changes in compensation.

The motion passed unanimously.  Mr. Jurich thanked the Board for its support and generosity.  He thanked the staff of Athletics.  He recognized Ms. Kathleen Smith as a valued colleague who has been of invaluable assistance to him and his staff with a variety of tasks.  (Mrs. Smith received a standing round of applause.)  Chair Ramsey reiterated the sentiment toward Ms. Smith, noting her many excellent years of service.  

Chair Ramsey thanked the board members for all they do for the university.  As a token of appreciation, a Cardinal Champions desk calendar was distributed.  Each month profiles UofL’s outstanding students and student-athletes.   Dr. Willihnganz recognized Laurel Harper in Communications for creating this project and thanked Kevin Miller for co-sponsoring its development.

Chair Ramsey wished everyone a happy holiday. 

Prof. Stenger said his wife served as the Phi Beta Kappa committee chairperson for the application’s section on Athletics.  She praised Kevin Miller for his prompt and complete response to the Committee’s requests for writing assistance, noting Mr. Miller was very responsive.

V.        Adjournment

            The meeting adjourned at 1:30 p.m.

MINUTES OF EXECUTIVE SESSION OF THE BOARD OF DIRECTORS
UNIVERSITY OF LOUISVILLE ATHLETIC ASSOCIATION, INC.

December 22, 2006

In Executive Session

Present:            Dr. James Ramsey, Chair  
Mr. Bob Benson  
Prof. Tom Byers 
Mr. Burt Deutsch                                                                                   
Mr. Brent Fryrear
Dr. Henry S. Enck                                             
Mr. Gordon Gahm                               
Prof. Brenda Hart        
Mr. Wade Houston     
Mr. Harry Jones                                    
Prof Bruce Kemelgor
Prof. Melissa Laning   
Mr. Darrell Messer   
Mr. Larry Owsley
Prof. Craig Roberts
Mr. Mike Seebert
Prof. Robert Stenger
Prof. Gerald Tolson 
Prof. Elaine Wise  
Dr. Shirley Willihnganz

By Phone:         Mr. Owsley B. Frazier

Absent:             Mr. Zach Brooks
                        Mr. Grant Helman
Dr. J. Blaine Hudson 
                        Prof. George Raque   
                        Mr. Sam Rechter                                                                                 
                        Mrs. Annette Schnatter

From the
University:        Ms. Angela D. Koshewa
Ms. Kathleen Smith                             
                                                                         
I.          Call to Order                                                                           

            Chair Ramsey called the executive session to order at 12:35 p.m.

II.         Personnel Matter                                                                     

            Chair Ramsey discussed a personnel matter.

III.       Real Estate Matter                                                                   

Chair Ramsey discussed a real estate matter.  Mr. Miller was summoned to join the executive session.

IV.       Adjournment     

            The executive session adjourned at 1:20 p.m.