FINANCE COMMITTEE

                                                         BOARD OF TRUSTEES

                                              NORTHERN MICHIGAN UNIVERSITY

                                         Agenda for meeting of December 12, 2003

1. Review and approval of previous minutes (attached)   (CAR)

Closed Agenda

2. Review of Investment performance  (information only)

Open Agenda

3. Internal Audits   (CAR)

· 2003/2004-3, Audit of Payroll for FY 2002-2003

Michigan Economic Development Corporation (MEDC) Audit   (CAR)

· Grede Foundries Grant #02-638

· UP Special Delivery Grant #02-638

4. External Auditor Selection Process  (information only)

5. Transfer of Magers Hall from a state building to a Housing and Residence Life building   (CAR)

6. Magers Hall renovation project   (CAR)

7. Key Indicators   (information only)

(CAR) = Committee Action Required