OSU Medical Authority Minutes

OSU Medical Authority and Trust

October 30, 2019 at 1:30 PM CDT
@ OSU Medical Center, 1111 W. 17th Street Street, Tulsa , Administrative Boardroom

Notice of the meeting was given in writing to the Oklahoma Secretary of State more than forty-­eight (48) hours prior to the meeting, and the agenda of this meeting was posted at all entrances of Oklahoma State University Center for Health Sciences, 1111 West 17th Street, twenty-four (24) hours prior to such meeting, excluding Saturdays, Sundays, and legal holidays, in compliance with the Oklahoma Open Meeting Act.

Attendance

Members Present: Kevin Corbett, Doug Evans, Edward Keller, Barry Steichen, Eric Polak
Members Absent: Jay Helm, Kayse Shrum
Guests Present: Dennis Blankenship, Ty Griffith, Johnny Stephens, Brenda Davidson, Amy Green, Bettye Paynter, Terri Tinkler, Kevin Gore

1. Call to order and establishment of a quorum - Chairman Helm.
   Chairman Keller called the meeting to order at 1:54PM. A quorum of the OSU Medical Authority was present at the meeting.
2. Discussion and possible vote on the approval of minutes of the August 22, 2019 meeting - Chairman Keller
   Barry Steichen moved for approval of minutes of the August 22, 2019 meeting. The motion was seconded by Doug Evans and carried. The recorded vote was:
   • AYE: Corbett, Evans, Keller, Steichen
   • NAY: None
   • ABSTAIN:
3. CEO's Report - Mr. Polak
   1. Financial Report
      Eric Polak discussed the year to date September 2019 financials. (See tab 2, OSUMA FY 2020 Transaction Activity)
   2. Update on Academic Health Center Masterplan
      Masterplan consultants will be on site for an initial fact finding visit on November 18th and 19th. A special meeting for OSUMA will be held on November 19, 2019 at 11:30 for those board members who are able to attend. There will be no action items and no quorum will be necessary.
   3. Legislative Update
      The Authority's legislative budget hearing is scheduled for December 3 where the CEO will deliver a request to fully fund the FY 2020 request with a supplemental appropriation and FY 2021 at the level requested for FY 2020.
4. Discussion and possible vote to accept the independent auditor's report for fiscal year 2019 – Chairman Keller
   Kevin Gore from BKD stated that the fiscal year 2019 audit was good with no deficiencies. Doug Evans moved for approval. The motion was seconded by Barry Steichen and carried. The recorded vote was:
   • AYE: Corbett, Evans, Keller, Steichen
   • NAY: None
   • ABSTAIN:
5. Discussion and possible vote on the meeting schedule for calendar year 2020 - Chairman Keller
   Barry Steichen moved for approval. The motion was seconded by Kevin Corbett and carried. The recorded vote was:
   • AYE: Corbett, Evans, Keller, Steichen
   • NAY: None
   • ABSTAIN
6. Announcements - Chairman Keller
   1. Next regularly scheduled meeting of the Authority is December 12, 2019 at the OSU Medical Center Administrative Boardroom, 744 West 9th Street, Tulsa.
7. Motion and Vote for Adjournment - Chairman Keller
   Doug Evans moved for adjournment. The motion was seconded by Kevin Corbett and carried. The recorded vote was:
   
• AYE: Corbett, Evans, Keller, Steichen
• NAY: None
• ABSTAIN

Minutes signed off by Oklahoma State University Medical Authority Secretary, Jay Helm.

If you would like a copy of these minutes, please reach out to Terri Tinkler at osuma@okstate.edu.