RESOLUTION AUTHORIZING EXPENDITURE OF PUBLIC FUNDS

WHEREAS, Section 59-101-187 of the South Carolina Code of Laws authorizes the governing board of a public institution of higher learning to adopt a written policy for the expenditure of funds for a public purpose; and

WHEREAS, it is already established that the following types of expenditures may be incurred from any university funds:

  • Expenditures in the course of recruiting, orientating, or recognizing students;

  • Events for recognition/appreciation of visiting speakers, alumni, or dignitaries;

  • Meetings of the Board of Trustees;

  • Business Meetings with Non-University Personnel; and

  • Events for recognition of donors or prospective donors; and

WHEREAS, it is appropriate and necessary for the Board of Trustees of Winthrop University to adopt and establish a written policy governing expenditures of proceeds from non-appropriated state funds, athletics or other student contests, activities of student organizations and the operations of canteens and bookstores;

THEREFORE, LET IT BE RESOLVED that the Board of Trustees of Winthrop University, in order to "recognize academic and research excellence and noteworthy accomplishments of members of the faculty and staff, students and distinguished guests of the institution", authorizes the expenditures of funds from the proceeds from non-appropriated state funds, athletics or other student contests, activities of student organizations and the operations of canteens and bookstores for the following purposes:

  • Scholarships and Student Awards;

  • Departmental, Interdepartmental, and Divisional Business meetings; and

  • Events for recognition/appreciation of employees.

February 18, 2000