Minutes of a Regular Meeting, June 22-23, 2004 - Digital Collections

June 22-23, 2004 29173APPOINTMENT OF TRUSTEE FOR LEW WENTZ FOUNDATIONThe Lew Wentz Foundation of The University of Oklahoma is a separate foundationset up in the 1920s from funds received from Lew Wentz of Ponca City. The purpose of thefoundation is to provide low-interest loans to University of Oklahoma students. The originalfunds were increased as a result of a bequest in Mr. Wentz’ will. The total assets of theFoundation at June 30, 2003 exceeded $25,650,194.The Trust Agreement of the Lew Wentz Foundation provides for a Regent Trustee.This individual must be a member of the Board of Regents and must be selected by the Regents.Due to a vacancy, it is necessary for a Regent to be appointed for a three-year term.President Boren recommended the Board of Regents appoint Regent Jon R. Stuart asthe Regent Trustee on the Lew Wentz Foundation for a three-year term effective June 24, 2004.Regent Everest moved approval of the recommendation. The following voted yes onthe motion: Regents Everest, Clark, Stuart, Weitzenhoffer and Wade. The Chair declared themotion unanimously approved.INSTRUCTIONAL/TRAINING AIRCRAFT - NCI. AWARD OF CONTRACTThe existing fleet of 13 instructional/training aircraft currently utilized by theUniversity’s Department of Aviation is in need of replacement. Though maintained and incompliance with Federal Aviation Administration standards, the fleet is aging and does not offerthe full avionics that some students desire/need. Replacement of the entire fleet with newaircraft will provide students with an opportunity to train in planes representative of those theywill most likely pilot upon completion of training.Five firms responded to a competitive solicitation; however, only the following threequalified as acceptable bidders:Cessna Aircraft CompanyChristiansen Aviation, Inc.The New Piper Aircraft, Inc.Wichita, KansasTulsaVero Beach, FloridaThe evaluation committee comprised the following individuals:Glenn Schaumburg, Director, Department of AviationWalter Strong, Jr., Administrator, Max Westheimer AirportDavid McClurkin, Chief Flight Instructor, CCE AviationJoseph Berardo, Manager, Administration and Operations, CCESteve Smith, Assistant Director, PurchasingSandy Totten, Senior Buyer, PurchasingThe evaluation criteria were anthroprometric accommodation (cabin’s ability toaccept the size and weight of personnel using the plane--all three companies were acceptable),maintenance training costs, instructor training costs, and airplane cost.The results of the evaluation are as follows:CompanyAircraftMaint.TrainingInstruct.TrainingStandardAirplaneAvionicsAirplaneTotal*