The official minutes of the University of South Carolina Board of Trustees are maintained by the Secretary of the Board. Certified copies of minutes may be requested by contacting the Board of Trustees’ Office. Electronic or other copies of original minutes are not official Board of Trustees' documents.

USC Board of Trustees
Fiscal Policy Committee
October 17, 2002

The Fiscal Policy Committee of the University of South Carolina Board of Trustees met on Thursday, October 17, 2002, at 4:16 p.m. in Ballroom C of the Russell House.

Members present were: Mr. John S. Long; Mr. Michael J. Mungo; Mr. James A. Shuford, III; Mr. M. Wayne Staton; Mr. John C. von Lehe, Jr.; Mr. Othniel H. Wienges, Jr.; Mr. Mack I. Whittle, Jr., Board Chairman; and Mr. Herbert C. Adams, Board Vice Chairman. Members absent were Mr. Robert N. McLellan and Ms. Darla D. Moore. Other Trustees present were: Mr. Arthur S. Bahnmuller; Mr. James Bradley; Dr. C. Edward Floyd; Mr. Samuel R. Foster, II; Mrs. Helen C. Harvey; Mr. William C. Hubbard; Mr. Toney J. Lister; and Mr. Miles Loadholt.

Others present were: President Andrew A. Sorensen; Secretary Thomas L. Stepp; Vice President for Academic Affairs and Provost Jerome D. Odom; Vice President and Chief Financial Officer Richard W. Kelly; Vice President for Information Technology and Chief Information Officer William F. Hogue; Vice President for Human Resources Jane M. Jameson; Vice President for Student and Alumni Services and Interim Vice President of Development Dennis A. Pruitt; Interim Vice President for Research Harris Pastides; Vice Provost and Executive Dean for Regional Campuses and Continuing Education Chris P. Plyler; Chancellor of USC Aiken Thomas L. Hallman; Dean of USC Lancaster John Catalano; Dean of the College of Nursing Mary Ann Parsons; Associate Dean of the School of Medicine Stanley D. Fowler; General Counsel Walter (Terry) H. Parham; Assistant Treasurer Susan D. Hanna; Manager of Visual Media, Distance Education and Instructional Support, Steve Adams; University Legislative Liaison John Gregory; and Director of the Office of Public Affairs Russell McKinney.

It was noted that no members of the media were in attendance.

Senior member Michael Mungo called the meeting to order and invited the Secretary to read aloud the membership of the Committee as constituted by the Executive Committee earlier today. Mr. Mungo stated that notice of the meeting had been posted and the press notified as required by the Freedom of Information Act; the agenda had been circulated to the full Board of Trustees; and a quorum of the Committee was present to conduct business.

Election of a Chairman: Mr. Mungo opened the floor to nominations. Mr. Shuford nominated Mr. Staton and moved that nominations be closed and that be elected Chairman by acclamation. Mr. von Lehe seconded the motion. The vote was taken, and the motion carried.

There were no other matters to come before the Committee, and Mr. Mungo declared the meeting adjourned at 4:17 p.m.

Respectfully submitted,
Thomas L. Stepp
Secretary