1.

Call to Order Open Session

M. Armentrout

3:00 p.m.

2.

Approval of April 15, 2008 Minutes* (Vote)

M. Armentrout

3:05 p.m.

3.

Operating Reports

L. Grimm

3:10 p.m.

a. Compliance and Standards Report

b. Financial Report

4.

Approval of Amended Delegation Agreement* (Vote)

S. Vincent

3:20 p.m.

5.

Finance and Audit Committee Report

M. Espinosa

3:30 p.m.

a.  Approval of the 2009 Business Plan & Budget* (Vote)

L. Grimm

3:35 p.m.

6.

Human Resources and Governance Committee Report

J. Newton

4:00 p.m.

a.  Approve Creation of Texas Regional Entity Committee* (Vote)

J. Newton

4:10 p.m.

7.

Other Business

M. Armentrout

4:25 p.m.

8.

Future Agenda Items*

M. Armentrout

4:27 p.m.

Convene Executive Session

9.

Executive Session

M. Armentrout

4:30 p.m.

a. Approval of May 20, 2008 Minutes*

b. Personnel Matters

c. Confidential Compliance Update and Legal Advice*

Reconvene to Open Session

10.

Vote on Matters from Executive Session (Vote)

M. Armentrout

4:40 p.m.

Adjourn Texas RE Board Meeting