SECTION ONE: TYPES OF COMMITTEES
1.01 Committee of the Whole
Except as hereinafter provided, the work of the Board shall be done by the members of the Board sitting as a committee of the whole. The Board may meet as a committee of the whole in compliance with the Open Meetings Act at such times and places as the Board President may elect to consider any business relating to the College.
1.02 Standing Committees
Standing committees comprising members of the Board may be created for specific functions. When so created, such committees shall continue until terminated by a vote of the Board. The committees shall meet in compliance with the Open Meetings Act at such times and places as it may choose to consider any business relating to the charge of the committee. Board members shall be appointed to standing committees by a majority vote of the Board at the regular June meeting of the Board in even numbered years. The Board has established the following Standing Committees:
1.02.1 Policy Review Standing Committee. The function of the Policy Review
Standing Committee is to review and consider existing and proposed local policies prior to consideration and adoption of local policies by the Board. The committee may also provide guidance and advice to the College President regarding College regulations.
1.02.2 Long-Range Planning Committee. The function of the Long-Range Planning Committee is to consider strategic priorities for the long term direction and development of the College. The College President presents the College’s proposed five-year strategic plan to the Long-Range Planning Committee for input and feedback prior to adoption of the plan by the Board.
1.02.3 Finance Committee. The function of the Finance Committee is, prior to approval or adoption by the Board, (a) to provide advice and guidance to the administration during the annual budget development process, (b) to review initiatives or projects that potentially involve material financial outcomes for the College, (c) to review the annual financial audit, and (d) to review and consider the College’s investment and endowment policies and the qualified investment broker of the College.
1.03 Special Committees
Special committees may be created by the Board for specific assignments. Special committee membership may include Board members, employees of the College, or community stakeholders appointed by the Board. When so created, such committees shall be terminated upon completing their assignments or by a vote of the Board.
SECTION TWO: COMMITTEE AUTHORITY
2.01 Committees may transact business binding on the College only within authority specifically granted to them and in compliance with the Open Meetings Act. To be continuously binding, all such business thus transacted shall be reported at the next regular meeting of the Board for approval and for entry into the minutes of the Board as a public record.