The University Corporation Board Of Directors Board Meeting
The board discussed several items, including the appointment of board members and the election of officers. Updates were provided on the Phase II-IV Duplex and ADU projects, including construction timelines and budget estimates. The board approved an allocation for pre-development activities for the Phase V Zelzah project, which involves developing residential units on a newly acquired parcel. The 2026/2027 operating budget was reviewed and approved, reflecting the corporation's financial health, growth in food services, and real estate income. Additionally, the board granted updated delegations of authority for various state and local agency contracts and discussed the upcoming opening of a kosher restaurant, 'Karne', on campus.