April 2014 Consent Agenda

(1)    Ratification of the Purchases and Sales of the Investment Portfolio of the Permanent School Fund for the Months of December 2013, January and February 2014
(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 2013, January and February 2014. Statutory authority for this action is the Texas Constitution, Article VII, §5(f).

(2)    Decision on Real Estate Investments
(Committee on School Finance/Permanent School Fund)

This item provides an opportunity for the committee and board to review and consider possible real estate investments. Statutory authority for this action is the Texas Constitution, Article VII, §5(f).

(3)    Overview of the Real Estate Asset Class
(Committee on School Finance/Permanent School Fund)

This item provides an opportunity for the committee and board to review the real estate policies, procedures and tactical plan. The committee may take action based on this information. Statutory authority for this action is the Texas Constitution, Article VII, §5(f).

(4)    Authorization to Issue a Request for Proposals for Emerging Market Equity Investment Managers
(Committee on School Finance/Permanent School Fund)

This item provides an opportunity for the committee and board to approve the issuance of a request for proposals for emerging market equity investment managers. Statutory authority for this action is the Texas Constitution, Article VII, §5(f).

(5)    Presentation on the Absolute Return Portfolios Managed for the Permanent School Fund and Decision on Absolute Return Investments
(Committee on School Finance/Permanent School Fund)

This item provides an opportunity for the committee and board to receive a presentation and to review the absolute return portfolios managed for the Permanent School Fund. The board will consider contract extensions where appropriate and possible termination of absolute return fund of fund managers. Statutory authority for this action is the Texas Constitution, Article VII, §5(f).

(6)    Recommendation for Appointments to the Fort Sam Houston Independent School District Board of Trustees
(Committee on School Initiatives)

This item provides an opportunity for board consideration of appointments to the board of trustees of the Fort Sam Houston Independent School District. The appointments are necessary due to the expiration of the term of office for two board members. Statutory authority for this action is the Texas Education Code (TEC), §11.352, and 19 Texas Administrative Code (TAC) §61.2.

(7)    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 an 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 Texas Administrative Code (TAC) §61.2.