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Board of Trustees with CBH Dec 2015

Colorado Mountain College’s Board of Trustees held its December 2015 meeting Monday at the college’s Glenwood Center on Blake Avenue in Glenwood Springs.

The board certified the results from the Nov. 3 election. Trustees Ken Brenner (Steamboat Springs/Routt County), Pat Chlouber (Leadville/Lake County) and Kathy Goudy (Carbondale/East Garfield County) were re-elected, and Patricia Theobald, past chairperson of the CMC Foundation, was elected as a new trustee from Summit County. Trustees also re-elected the following board officers: President Glenn Davis (Eagle County), Secretary Chlouber and Treasurer Brenner.

The trustees approved a land exchange of one acre with the Town of Breckenridge upon completion of inspection and other conditions. Both the town and the college are looking into the land exchange so that 1) Breckenridge can include the acre in its master housing plan, and 2) Colorado Mountain College can conduct a conceptual plan for its Breckenridge location that would include the exchanged acre.

The Town of Breckenridge had previously donated the land upon which the CMC-Breckenridge campus currently sits. At the college’s request, the CMC Foundation took ownership of the land to expedite a 2007 financing that made campus construction possible. The college retains full control of the campus facility. Any future use of the exchanged property will be considered separately by the CMC Board of Trustees as part of its regular capital planning.

In addition, during the meeting the board voted to:

  • Accept audited financial statements for fiscal year 2014-15. The college is required by statute to have an external audit performed annually.
  • Certify the college’s mill levy of 3.997. By Dec. 15 each year, the CMC Board of Trustees is required to certify the property tax revenues and mill levies necessary to defray the college’s expenditures for the current fiscal year (2015-16). This mill levy in the college’s tax district has not changed since 1999.
  • Approve appropriations of year-end reserves. This action included moving $3 million into the college’s facilities fund and $1.7 million into its capital fund.
  • Approve a resolution for a grant application through the Colorado Opportunity Scholarship Initiative.
  • Approve the submission of a Garfield County Federal Mineral Lease District grant application, in partnership with the Garfield County Public Library, for the construction build out of the Cooper Commons second-floor space in downtown Glenwood Springs adjacent to the college’s central administration offices.
  • Approve updated contracts and purchasing policies.
  • Approve a hospital provider fee resolution, which has been adopted by the Colorado Commission for Higher Education and numerous public colleges in Colorado. State legislation on this fee is expected to be brought forward in 2016.
  • Receive spring sabbatical reports from two faculty members.