The California State University Board of Trustees is responsible for reviewing Public-Private Partnership projects to ensure such projects are in the best interests of the CSU. Such review includes, but is not limited to the project's contribution to the educational mission of the university, the major financial terms, and the quality of the developer and of the proposed development project.
The Trustees are also responsible for ensuring compliance with the requirements of the California Environmental Quality Act (CEQA). Approval by the Trustees for CEQA documentation is required prior to providing commitments for the use of property.
The Finance Committee may request the following action from the Trustees: Authorization for the Chancellor; the Executive Vice Chancellor and Chief Financial Officer, and their designees or auxiliaries to execute the agreements necessary to complete the transaction.
The Committee on Campus Planning, Buildings and Grounds may request the following actions from the Trustees:
Public-Private Partnership projects are often presented to the Trustees at a joint committee for final approval instead of at the separate committees mentioned above. The joint committees may request the following actions in addition to the ones listed above:
The meeting and due dates for submission of the following Trustee materials to CPDC and to Financing, Treasury & Risk Management are released in a memo from the Executive Vice Chancellor and Chief Financial Officer each fall:
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