August 29, 2001 Contact: Amy Murray(614) 292-8385

 

OSU trustees accept new funds, approve personnel matters

COLUMBUS – Two gifts from the Transportation Research Center, Inc. (TRC) of East Liberty, Oh., totaling more than $3 million head the list of gifts to The Ohio State University accepted Wednesday (8/29) by the university’s Board of Trustees.  Gifts totaling more than $7 million, received by the university during June 2001, will be used to establish 23 new endowed funds supporting university scholarships and programs, an endowed chair and a designated professorship. Trustees also accepted 465 research grants and contracts totaling more than $52 million awarded to Ohio State during the months of June and July.

The TRC gifts are in recognition of Honda Motor Co., Ltd.’s and Honda of America Mfg., Inc.’s interest in advancing the delivery of engineering education.  The Honda/TRC Classroom of the Future Fund, established with $1,013,750, will be used to support innovative efforts to improve distance and on-line learning facilities for the College of Engineering.  The Honda/TRC Funds Endowment for Interdisciplinary Research Infrastructure Support, established with $2,077,035, will be used to support centralized interdisciplinary transportation-related research laboratory facilities in the College of Engineering.

The Jack L. Beal Chair in Medicinal Chemistry and Pharmacognosy has been established with a gift of $1.57 million from friends and students of Beal, professor emeritus and associate dean of the College of Pharmacy, where he served for 34 years.  The annual income from the endowment will support the research and teaching program of a distinguished professor of pharmacognosy and natural products chemistry in the Division of Medicinal Chemistry and Pharmacognosy.

The Edwin M. Cooperman Designated Professorship in Law, established with a gift of $126,870 from Cooperman of BOCA RATON, Fla., who received his law degree from Ohio State in 1967, will support a faculty position in the Michael E. Moritz College of Law.

Endowed funds

Other named endowed funds established by the board include the following:

Change in name of named endowed fund

Change in description of named endowed funds

Change in name and description of named endowed funds

Personnel Appointments

Reappointments

Appointment of chairpersons

Emeritus titles (effective Sept. 1, 2001)

Resolutions in memoriam

Amendments to Trustee Committee Appointments for 2001-2002

Competitive bidding waivers approved

The board accepted the quarterly report on waivers of competitive bidding requirements, which are allowed in the event of an emergency, when a sufficient economic reason exists or when the goods or services can only be purchased from a single source.  The vice president for business and finance granted 52 waivers for annual purchases totaling approximately $12,278,600; the vice president for health services, at the request of University Hospitals, granted 41 waivers totaling approximately $12,155,900.

Construction matters authorized

The board authorized the employment of architect/engineering firms for the following:

The board accepted the report of award of contracts for the following:

Property purchases authorized

The board authorized the following purchases and sale of real property:

Permanent and temporary licenses granted

The board authorized the granting of temporary construction licenses for approximately 30 months to Franklin County so that university property can be used while the county replaces the bridge over the Olentangy River at Lane Avenue.  In addition, the university will grant a permanent license to the county to provide access to two more acres adjacent to the bridge.

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