They self-report "Conflicts of Interest".... which is a real joke - you can see the most recent ones here:
https://trustees.psu.edu/pdf/BOT RTK Disclosure Summary 1.10.17.pdf
And, in the meantime, no one pays attention - - - - and, sure as hell, ain't none of the Trustees ever going to speak up.
Like here, when Lubert was awarded contracts of over $878,000 per year (at lease rates of
$25 per square foot - 2 to 3 times higher than comparable leases throughout State College) and NO ONE SAID "Boo"..... and every year its the same thing - like Groundhog Day:
BOT Minutes from Dambly's "Finance Committee".... July 2013
7/12/2013 BOT 5
7. Reports from Standing Committees (Continued)
C. Committee on Finance, Business and Capital Planning (Continued)
3) Conflict of Interest - Approval of Leases with PSRP Developers, Inc., Innovation
Park (Continued)
Will the committee on Finance, Business and Capital Planning recommend to the
Board of Trustees adoption of the following resolutions:
RESOLVED, That the current leases in 101 and 103
Innovation Boulevard with PSRP Developers, Inc., totaling 31,891
square feet at a current annual cost of $787,338 are hereby ratified.
FURTHER BE IT RESOLVED, that the proposed lease in 101
Innovation Boulevard with PSRP Developers, Inc. for 3,575 square
feet at an initial annual cost of $90,806 is hereby approved
But the same worthless, mute nimrods - who tell us how difficult their job is, and how dedicated they are to serving you and the University - keep getting re-elected.
Because.....?