Monday, May 18, 2009 The Michigan Daily - michigandaily.com 7 NOTEBOOK From Page 1 no abnormalities. There was some minor land contamination in a land parcel not actively used by Pfizer, and the company issued a voluntary clean up. The University and Pfizer are currently working with the Michi- gan Department of Environmental Quality to discuss the transaction and how to correct it. John Cameron, a member of the Dickinson Wright PLLC law firm who dealt with the real es- tate transactions of the Pfizer ac- quisition, said that Pfizer repre- sentatives were very cooperative throughout the due-diligence peri- od and helped the University reach its .goal of completing the transac- tion in June. "All along the road Pfizer folks were very cooperative, were work- ing toward the same goal that we were working toward and had a successful consummation in trans- action, which we're going to have in about a month." REGENTS From Page 1 ties each year. "If you're going to pay people and you're going to have increases in your supplies, which you always do, and in your food costs, which you always do, then you have to manage that some way or you re- duce the quality, lower services for students and lower food value for students, which I don't think is a good bet," she said. "We did a very good job, I think, of balancing all of those needs and coming up with those increases" Coleman added thatshe thought the cost increase was reasonable in a time when the most of the residence halls are in need of infrastructure renovation. "I'm pretty comfortable with (the room and board rate increase) and I think we've done a very good job with trying to manage costs at a time when we're trying to update some of our worst halls," Coleman said. "We haven't done a lot in the last 35 years, except for life safety, and so I think students are going to get a good value for their money." The University recently com- pleted the renovation of Mosher- Jordan and the Hill Dining Center, which cost approximately $65.1 According to Baier, the pur- chase is expected to produce 2,000 to 3,000 jobs in the next decade. Provost announces 200 faculty promotions University Provost Theresa Sullivan announced 200 faculty promotions from the instructional, research and clinical tracks, which she and academic reviewers from various schools and colleges had been reviewing since the fall. The regents approved 149 cases from the instructional track. Cases from research and clinical tracks are not approved by the regents. Sullivan said that faculty pro- motions "are one of the most im- portant activities of the University" every year because the decisions that she and academic reviewers make about promotions "shake the University well into the future." According to Sullivan, the se- lection process begins every fall when academic reviewers from each school and college review faculty members who are eligible for promotion and/or tenure. The million, and is underway with the renovation of Stockwell, valued at about $39.6 million. In addition, the University is building North Quad, located at South State Street and East Washington Street, and has approved plans to start the renovation of Couzens Hall. Coleman also said that the cost increase will go into a financial aid package for the cost of attendance so that students who need financial aid will be able to have room and board as part of their entire cost of attendance. Residents of Northwood Com- munity Apartments will pay an av- erage increase of 1.9 percent more than last year for monthly rent, which represents an increase of approximately $21 a month for an unfurnished two bedroom unit, ac- cording to Harper. The 1.9-percent increase for Northwood Community Apart- ments covers the projected general costs for maintaining the apart- ments for the 2009-2010 academic year. University Housing developed the room and board rate increases for the 2009-2010 academic year in collaboration with the Residence IHalls Association, the Northwood Community Apartments Rate Re- view Committees and University administrative staff. schools and colleges then conduct thorough and careful reviews of the teaching and research of each can- didate and make a decision about recommending the faculty member for tenure or promotion. Schools and colleges also gather reviews about candidates' research from experts outside the University. Sullivan said that this was the second year that the entire process was handled electronically. University spokeswoman Kel- ly Cunningham said that it's too soon to calculate how much the approved promotions for this year will cost. Cunningham said that last year the promotions cost about $1.9 million, and because this year's number of approved promotions is about the same, University officials anticipate about the same cost. Cunningham added that fac- ulty promotions are a planned part of the budget every year. Last year, faculty promotions composed 22 percent of the general fund. Regents approve building of new soccer stadium Regents also approved plans to build a 26,000 square-foot soccer stadium, estimated to cost about $6 million. The stadium will be located west of the Varsity Tennis Center on South State Street at the site of the three soccer fields added in 2008. Athletic department resourc- es and gifts will fund the project. According to a press release issued at the meeting, the sta- dium will add grandstand seating for 2,200 people, two team locker rooms, restrooms and concession stands for spectators and a press area. Bill Martin, the director of in- tercollegiate athletics, said in the press release that "the goal is to create a European-style stadium with seating on both sides of the field." Martin also stated that some of the seats could be covered depend- ing on costs. Currently, the soc- cer fields only provide temporary bleachers for spectators. Greg Ryan, the University women's soccer coach, said in the press release that the stadium will "benefit our players, fans and will play a key role in helping us recruit future quality student-athletes as we continue to rebuild the wom- en's soccer program." The Michigan architectural firm Jickling Lyman Powell As- sociates Inc. will design the sta- dium and schematic drawings will be presented at a future regents meeting. If you answered "yes" to these questions, you are a woman or man over the age of 18, and NOT taking medications, you may be eligible to participate in studies looking at stress hormones. Both studies involve multiple blood draws and between 2 and 5 study visits of varying length. Compensation provided for study participation. For further information, please contact depressionstudies@umich.edu or 734-972-6902 WRITE FOR THE MICHIGAN DAILY Email jamblock qumich.edu for details.