The Galveston College Board of Regents on Wednesday voted unanimously to approve a memorandum of understanding with Ramona Munsell & Associates Consulting, Inc. for the development of a Title V Grant application.
The college board voted to approve an annual payment of $82,605 for the firm's grant writing services and assistance in the application for a Hispanic-Serving Institution Science, Technology, Engineering and Mathematics Grant, or HSI STEM grant. The college received a total $4 million award for the grant, which will be paid out annually. The college has received an $869,533 installment of the grant, of which the firm receives a percentage.
The college board voted to approve the purchase of personal computers utilizing the HSI STEM grant.
The college board voted to accept the financial statements and single audit reports for fiscal years 2010 and 2011.
The college had received an “unqualified” or “clean” opinion of its financial reporting.
The college board voted to approve the taxation of “goods-in-transit” that would otherwise be exempt under the Texas Tax Code.
The vote allows the college to levy property taxes against certain goods stored in public warehouses. The item was required due to recent legislation approved by the state. A public hearing was held prior to approval of the item.
All items were approved. All votes were unanimous with Regent Greg Roof absent. Agenda