Vol. 17, No. 33May 28, 1998

Trustees approve capital campaign, construction plans

The University's Board of Trustees authorized continuation of planning for a major capital campaign to be announced this fall, approved increases in dining and residence hall rates, authorized several construction projects on the campus, combined two departments to form a School of Education and recognized major gifts at its regular semiannual meeting, held May 26 in the Trabant University Center.

Details of the University's first comprehensive fund-raising campaign are scheduled to be announced Oct. 2. A University needs assessment has been conducted by the deans of the seven colleges and the directors of libraries and athletics, in consultation with the faculty, and the provost, deans and directors are identifying the highest priorities.

In other action, the board approved room and board rate increases, effective September 1998. Dining plan rates at UD will increase an average of 3.3 percent (or $72 for the year), and residence hall rates will increase an average of 4.5 percent.

For example, during the 1998-99 academic year, a meal plan with 19 meals a week will cost $2,252, and a traditional residence hall room will cost $2,700, an increase of $110 over the current rate.

Increases also were approved for the Student Health Service fee, which will increase by $3 to $138 per semester, and by $1 to $38 for Winter Session, and the Student Comprehensive fee, will be increased by $6 for a total of $90 per year. Charged to all full-time, undergraduate students, this fee supports student organizations, sports clubs and various intramural and recreational activities. [Decisions on a tuition increase are not made until the end of the fiscal year.]

In other action, trustees approved resolutions:

The trustees passed a resolution in memory of the late Marvin S. Gilman, who was appointed to the board by Delaware Gov. Thomas Carper in 1995. Mr. Gilman also was a member of the University's urban affairs and public policy faculty for 18 years. The resolution reads, in part, "Marvin Gilman was counselor and critic, mentor and advocate, teacher and student, and through it all, wise and witty, astute and generous, tough and understanding, and ever a dedicated trustee and a true friend of the University." A copy of the resolution was presented to Mr. Gilman's wife, Muriel, at the meeting. The trustees also recognized the late Virginia Dennis, who served as a trustee from 1981-92.

Chairman Andrew B. Kirkpatrick Jr. opened the meeting by welcoming three trustees to their first semiannual meeting of the board: Richard S. Cordrey, P. Coleman Townsend Jr. and James L. Spartz.

Three trustees were re-elected: Robert W. Gore and Joan Thompson Mobley for additional six-year terms, and Katherine Lee, the recent graduate trustee, for an additional one-year term. Board officers- Chairman Kirkpatrick, Vice Chairman Howard Cosgrove and Secretary-Treasurer Robert A. Fischer Jr.-were re-elected for one-year terms.

Also at the meeting, University Treasurer Stephen Grimble reported that, as of April 30, the value of the University endowment fund pooled investment portfolio was $735 million, an increase of $85 million since the end of the 1997 fiscal year. He also reported that the Blue Hen Investment Club, a student group charged with investing $500,000 in April 1996, has increased the value of its portfolio to $680,000.