RESOLUTION AUTHORIZING PRESIDENT TO ENTER INTO AGREEMENTS (Adopted by the Board of Trustees on October 27-28, 1968) Whereas, the legislation creating the College of the Virgin Islands, and more particularly Title 17 V.1.ยข. #456 and #457 provide, that the Board of Trustees may delegate to the President the exercise of its powers and responsibilities and that the President is the chief executive of the College, and Whereas, the Board of Trustees has in fact delegated to the President the power and responsibility to execute those contracts, leases, agreements, and other documents which are common to the regular course of the business and administration of the College and which are in accord with the policies of the College as established by said Board; Now therefore, it is resolved that the Board of Trustees delegate, and it does hereby so delegate, to the President of the College, the power and responsibility to execute, on behalf of the College, all those contracts, agreements, leases, federal project documents, reports, and other documents which form a part of the regular and usual course of business and administration of the College and which are in accord with the policy as established by this Board.