Appendix B. Relevant Standing Orders of the Regents Development Policy and Administration Manual ************************************************************* RELEVANT STANDING ORDERS OF THE REGENTS 100.4 Duties of the President of the University (a) The President shall be the executive head of the University and shall have full authority and responsibility over the administration of all affairs and operations of the Univer- sity, excluding only those activities which are the respon- sibility of the Secretary, Treasurer, and General Counsel of the Regents. The President may delegate any of the duties of the office except service as an ex officio Regent. * * * (i) The President is authorized to make awards of fellowships, scholarships, and prizes with the advice of the Chancellors and the Academic Senate, and to approve expenditures from appropriations, gifts, and endowments for these purposes. * * * (k) The President shall develop, initiate, implement, and approve fund-raising campaigns for the benefit of the University in accordance with the policies of the Board. * * * (n) The President is authorized to permit expenditures against contracts, grants, and gifts, or against firm commitments thereon, provided that the contracts, grants, and gifts have been solicited or negotiated in accordance with established Regental policy. * * * (s) The President is authorized, in accordance with the terms specified by the donor, to designate the purpose for which, and the campus or other location at which, the income and/or principal of a gift shall be used and to make allocations in accordance therewith. (t) The President is authorized to determine, in accordance with the terms specified by the donor, the purpose for which and the campus or other location at which a gift shall be used, to determine whether income and/or principal 100.4 Duties of the President of the University (continued) shall be used, and to make allocations and reallocations in accordance therewith, to the extent not specified by the donor of a gift of not more than five hundred thousand dollars ($500,000). (u) Any action taken pursuant to sections (s) and (t) above shall conform to established University programs and policies and shall not constitute a commitment requiring expenditures in excess of budgeted items. (v) The President is authorized, after consultation with the General Counsel, to return to the donor all or any unused portion of a gift of personal property, when the purposes of the gift have been fulfilled or fulfillment has become impossible or impracticable and when alternative uses are precluded. * * * (bb) The President is authorized to execute on behalf of the Corporation claims against debtors in bankruptcy, in receivership or in liquidation, and against estates of deceased persons. * * * (dd) Except as otherwise specifically provided in the Bylaws and Standing Orders, the President is authorized to execute on behalf of the Corporation all contracts and other documents necessary in the exercise of the President's duties, including documents to solicit and accept pledges, gifts, and grants, except that specific authorization by resolu- tion of the Board shall be required for documents which involve or that are: (1) Exceptions to approved University programs and poli- cies; or commitments for more than seven years unless specified otherwise in the Bylaws; or obligations on the part of the University to expenditures or costs for which there is no established fund source. (2) Work or solicitation of work to be performed by the University, pursuant to a contract or grant, any of 100.4 Duties of the President of the University (continued) which involve amounts in excess of $2,000,000 in direct costs in any one project year or the construc- tion of facilities not previously approved. (3) Solicitation or acceptance of any pledge or gift in excess of one million dollars ($1,000,000). * * * (ff) Except as otherwise provided in the Bylaws, the President is authorized to administer real properties used for campus- related purposes, which are defined as properties within the boundaries of a campus of the University and other properties used for student and employee housing, parking, athletic programs, research, public service, educational programs, or administrative staff purposes of the University. * * * (hh) The President is authorized to approve the purchase, groundlease, receipt by gift, or sale of real property (1) which is used for campus-related purposes (as defined in Standing Order 100.4(ff)) when the total consideration is $50,000 or less, or (2) when the real property being conveyed consists of for-sale housing units within an approved University for-sale housing program. . . .