DRAFT

BOARD OF GOVERNORS MEETING

The University of North Carolina

September 13, 1996

The Board of Governors met in regular session in the General Administration

Building, Chapel Hill, on September 13, 1996. Mr. Cameron, the chairman, called the meeting

to order at 9:30 a.m..

INVOCATION

Mr. Brown gave the invocation.

ROLL CALL

Secretary Cecil called the roll. The following members were present:

C. C. Cameron
G. Irvin Aldridge
Lois G. Britt
F. Edward Broadwell, Jr.
Robert J. Brown
William T. Brown
John F.A.V. Cecil
Derick S. Close
Bert Collins
Orville D. Coward, Sr.
John E. Dervin
John C. Fennebresque
James E. Holshouser, Jr.
John A. Garwood
Larnie G. Horton, Sr.
C. Ralph Kinsey, Jr.

Helen R. Marvin
W. Kenneth Morgan, Sr.
D. Samuel Neill
Ellen S. Newbold
Maxine H. O'Kelley
Cary C. Owen
Barbara S. Perry
D. Wayne Peterson
Earl N. Phillips, Jr.
Samuel H. Poole
Marshall A. Rauch
H. D. Reaves, Jr.
Paul J. Rizzo
Benjamin S. Ruffin
Joseph E. Thomas
Harold H. Webb

The following members were absent:

Mark L. Bibbs
Wallace N. Hyde

***

Under the terms of the Open Meetings Law, Chairman Cameron said he would

entertain a motion to convene in closed session:(1) to establish and instruct the staff and agents

concerning the negotiations of price and terms of a contract concerning the acquisition of real