CONSENT AGENDA
STATE BOARD OF EDUCATION
April 15, 2011
(1) Ratification of the Purchases and Sales of the Investment Portfolio of the Permanent School Fund for the Months of December 2010, January and February 2011
(Committee on School Finance/Permanent School Fund)
This item provides an opportunity for the committee and board to consider approval of the purchases and sales of securities executed in the portfolio of the Permanent School Fund for the months of December 2010, January and February 2011. Statutory authority for this action is the Texas Constitution, Article VII, §5(f).
(2) Recommended Appointment(s) to the Committee of Investment Advisors to the Permanent School Fund
(Committee on School Finance/Permanent School Fund)
This item provides an opportunity for the committee and board to review and approve a nominee(s) to the Committee of Investment Advisors to the Permanent School Fund. Statutory authority for this action is the Texas Constitution, Article VII, §5(f), and 19 TAC §33.20.
(3) Selection of a Member of the State Board of Education to Serve on the Board of Trustees of the Texas Growth Fund
(Committee on School Finance/Permanent School Fund)
This item provides an opportunity for the committee and board to select a member of the board to serve as a member of the Board of Trustees of the Texas Growth Fund. Statutory authority for this action is the Texas Constitution, Article XVI, §70(c).
(4) Approval of an Extension of the Global Custody and Securities Lending Services Agreement with BNY Mellon and Authorization for Contract Execution by the Commissioner of Education or Authorization to Issue a Request for Proposals
(Committee on School Finance/Permanent School Fund)
This item provides an opportunity for the board to extend the global custody and securities lending services agreement with BNY Mellon and authorization for contract execution by the commissioner of education or authorization to issue a request for proposals. Statutory authority for this action is the Texas Constitution, Article VII, §5(f).
(5) Approval of an Extension of the Investment Management Services for International Index Fund Agreement with BlackRock Investment Management, LLC and Authorization for Contract Execution by the Commissioner of Education or Authorization to Issue a Request for Proposals
(Committee on School Finance/Permanent School Fund)
This item provides an opportunity for the board to extend the investment management services for international index fund agreement with BlackRock Investment Management, LLC and authorization for contract execution by the commissioner of education or authorization to issue a request for proposals. Statutory authority for this action is the Texas Constitution, Article VII, §5(f).
(6) Approval of an Extension of the Real Estate Consultant Services Agreement with Courtland Partners and Authorization for Contract Execution by the Commissioner of Education or Authorization to Issue a Request for Proposals
(Committee on School Finance/Permanent School Fund)
This item provides an opportunity for the board to extend the real estate consultant services agreement with Courtland Partners and authorization for contract execution by the commissioner of education or authorization to issue a request for proposals. Statutory authority for this action is the Texas Constitution, Article VII, §5(f).
(7) Approval of an Extension of the Investment Counsel Services Agreement with NEPC and Authorization for Contract Execution by the Commissioner of Education or Authorization to Issue a Request for Proposals
(Committee on School Finance/Permanent School Fund)
This item provides an opportunity for the board to extend the investment counsel services agreement with NEPC and authorization for contract execution by the commissioner of education or authorization to issue a request for proposals. Statutory authority for this action is the Texas Constitution, Article VII, §5(f).
(8) Recommendation for Appointment to the Lackland Independent School District Board of Trustees
(Committee on School Initiatives)
This item provides an opportunity for board consideration of one appointment to the board of trustees of the Lackland Independent School District. The appointment is necessary due to the expiration of the term of office for one board member. Statutory authority for this action is the Texas Education Code (TEC), §11.352, and 19 TAC §61.2.