Action Taken by UVI Board of Trustees



VISION 2012 Closeout Report for 2008-2009



It was reported that the Planning Committee of the UVI Board reviewed the VISION 2012 2008-2009

Close-out Report. It was further added that specifically, Dr. Haldane Davies reported the following

amendments with respect to the Closeout Report:



2F2 — Changed by BOT from 20% to 10% on November 1, 2008. This was further

changed by the Board’s Development Committee to 6% at its meeting on Thursday, May

28, 2009.



The Planning Committee approved the amendments and has forwarded the Close-out Report to

the full board for review and approval.



The Board of Trustees, at its meeting of March 13, 2010, unanimously to approve the VISION

2010 Closeout Report for 2008-2009 with the amendments.



Secretary of the Board Date