The center, on behalf of the Board of Trustees of State Institutions of Higher Learning, shall prepare an annual report of economic development activities of those agencies and institutions subject to the Board of Trustees. The report shall describe:
Economic development efforts and accomplishments of the University Research Center, each university, and each institute.
Efforts and accomplishments of the center in coordinating economic development activities among the universities.
Recommendations of the center for coordination and utilization of university resources in economic development, for university-based initiatives in economic development, and for funding related to economic development and plans of the universities.
Assistance rendered to the Department of Economic Development by the center and each university.
Activities and accomplishments of staff assigned to planning and development districts pursuant to Section 37-141-19.
Any other information which the center wishes to present.
The annual report shall be submitted to the Governor and the Joint Legislative Budget Committee not later than July 1 of each year.