UNIVERSITY OF THE VIRGIN ISLANDS BOARD OF TRUSTEES RESOLUTION AUTHORIZATION FOR THE EXPENDITURE OF FUNDS TO ORGANIZE AND IMPLEMENT AN INAUGURATION PROGRAM AND RELATED ACTIVITIES FOR THE THIRD PRESIDENT OF THE UNIVERSITY OF THE VIRGIN ISLANDS Purpose To authorize the expenditure of University funds to organize and implement an inauguration program and related activities for the third president of the University of the Virgin Islands. WHEREAS, the Board of Trustees of the University of the Virgin Islands has selected and sworn Dr. Orville Kean as the new president of the University to replace Dr. Arthur A. Richards who retired last September 30, 1990, and WHEREAS, it is the practice of the Board of Trustees of the University to organize and implement an Inaugural Program for a new president of the University, and WHEREAS, it is the desire of the Board of Trustees of the University to invite (1) leaders of institutions and agencies of higher education from the United States, the Caribbean and other regions, (2) officials from the federal and local governments, (3) the University community and Virgin Islands community at large, and (4) friends of the University to witness and/or participate in the inauguration program and related activities. NOW, THEREFORE BE IT RESOLVED, that the Board of Trustees of the University of the Virgin Islands hereby authorized the expenditure of university funds not to exceed $100,000 suspect to upward adjustment by the Executive Committee of the Board, if necessary, for organizing and implementing an inauguration program and related activities for the third president of the University of the Virgin Islands, Dr. Orville Kean. INAUGURATION COMMITTEE PROPOSED BUDGET FOR THE INAUGURATION OF DR. ORVILLE KEAN December 16. 1990 Miscellaneous $ 25.000 Transportation. Accommodations and Security $ 90.000 Ceremony and Booklet 20.000 Banquet $55.000 10.000 Reception ee Total Estimated Budget $ 200.000