21-Feb-2019 - Agenda

CALL TO ORDER AND INDIGENOUS LAND ACKNOWLEDGEMENT

The Chair called the meeting to order by acknowledging that Lambton College is located on the beautiful homeland that is the traditional territory of the Ojibwe, Potawattomi, and Odawa First Nations. These three individual Nations make up the traditional Three Fires Confederacy. We acknowledge the grace and the welcome they have offered to all students and staff at Lambton College.

CONSENT AGENDA

1. February 21, 2019 Agenda
2. January 24, 2019 Open Minutes
   1. January 24_2019_Open Minutes For Approval.pdf
3. Conflict of Interest Declaration
4. President’s Report
   1. February 21, 2019 - President's
5. Chair’s Report
   1. Chair's report_February 21, 2019.pdf
6. Governance Report
   1. Open_Governance_February 21, 2019.pdf &
   2. Upcoming college events list for February 21, 2019.pdf

Recommendation: The Lambton College Board of Governors approves the minutes of the January 24, 2019 and the entire contents of the consent agenda items. 2019-10

RESEARCH ETHICS BOARD ANNUAL REPORT (attachment)

• REB Annual Report January 2019.pdf

Nicole Domonchuk, Chair, Lambton College Research Ethics Board

Recommendation: That the Lambton College Board of Governors accepts the Lambton College Research Ethics Board Annual Report. 2019-11

Judith Morris

CYBERSECURITY PRESENTATION

Dave Mitton, Manager IT Operations and Infrastructure

REVIEW AND APPROVAL OF FINANCIAL STATEMENTS FOR PERIOD ENDING DECEMBER 31, 2018 and FINANCIAL FORECAST REVIEW

• Board Statement_Dec 2018_for approval &
• Dec 2018 Fin'l Stmt Commentary.pdf

Recommendation: That the Board of Governors approves the  Finance and Property Committee recommendation to approve  the Financial Statements for the period ending December 31, 2018 and the Financial Forecast.  2019-12

TUITION AND ANCILLARY FEES

• Briefing Note_Tuition and Ancillary Fee Changes.pdf &
• Tuition & Fees - Fees at Risk.pdf

(recommendation pending)

AUDIT SERVICES                                                                 

OFA FINANCING   

• OFA Financing Briefing_BOG_Feb 21.pdf    

Recommendation: That the Board of Governors approves the Finance and Property Committee recommendation that the Board of Governors rescind the portion of Board Motion 2016-26 that provided “approval of the borrowing of up to $6,600,000 from the Ontario Financing Authority for the purpose of financing construction costs related to the Athletics & Fitness Complex project, which will be supported by an agreement for annual transfer of funds from The Students Association of Lambton College”

and

that the Board approves self-financing $6,600,000 from capital reserves for the Athletics & Fitness Complex,

and

that Student Building Fees be collected until the earlier of repayment of$6,600,000 with interest calculated at an interest rate equal to the lesser of the CKLAG deposit rate or 4.4%, or 30 years, whichever comes first. 2019-14

OTHER BUSINESS

ADJOURNMENT