Investment & Facilities Committee
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Kevin C. Melcher, Chair
Michael B. Wixom, Vice Chair
Cedric Crear
Ron Knecht
James Dean Leavitt
Allison Stephens

Charges: The Investment and Facilities Committee shall:

  • Formulate and recommend to the Board appropriate investment policies to govern the investment program of the NSHE;
  • Review and evaluate reports from the investment managers of the NSHE concerning investment and reinvestment transactions within the limits of the investment policies approved by the Board.
  • Make such recommendations deemed appropriate concerning investment and reinvestment transactions consistent with the investment policies approved by the Board and with agreements, if any, with the investment managers of the NSHE.
  • Review institutional requests to purchase or dispose of NSHE property.
  • Review all institutional requests to enter into property lease agreements of four years or longer.
  • Review any requests to lease NSHE property to an outside agency or private entity.
  • Review all institutional requests to enter into lease agreements for amounts greater than $400,000.
  • Review the land acquisitions and disposal portions of all institutional master plans.
  • Review all institutional requests for easements on NSHE property.
  • Review annual update of all NSHE property holdings and long-term leases.
  • Review and recommend to the Board the NSHE capital improvement priority lists, with the primary objective of affirming the connections between the requests and the institutional facilities master plans.
  • Review and recommend to the Board institutional facilities master plans.
  • Review and recommend to the Board a System space utilization model and periodically review institutional and System-wide space utilization data.