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Board of Trustees meeting rescheduled for Wednesday

University of Louisville President James Ramsey offered his resignation to the school’s Board of Trustees in a meeting on Wednesday, but according to the terms of the agreement, he would stay on as interim president until as late as June 30, 2017.

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The university says there are no changes to the agenda.This is the second time the new board has met after Gov. Matt Bevin dissolved the old board.

Perhaps foreshadowing the board’s action, the agenda for Tuesday’s meeting includes “discussion of next steps, including transition planning and search process for next president”. While Ramsey may retire from the university, he could remain president of the University of Louisville Foundation, U of L’s nonprofit endowment manager.

Ramsey was credited with raising academic standards and boosting the school from a commuter campus to a distinguished research institution.

The FBI is looking at whether top university officials misused federal money and the NCAA is investigating whether a university employee paid women to strip and have sex with basketball players, according to media reports. “You just do what you think is best for the university and proceed that way”.

The University of Louisville is officially looking for a new President.

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Democratic state Attorney General Andy Beshear is challenging Bevin’s authority to disband the school’s former board and appoint a new one, saying the reorganization was illegal. “But if the board is invalidated, there’s a chance that those decisions could have to go back to a new board”.

UofL trustees set to decide Ramsey's status Tuesday