Repository: UIHistories Project: Board of Trustees Minutes - 1990 [PAGE 184]

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172

BOARD O F T R U S T E E S

[February 14

members of the Executive Committee, with the president of the board as chairman, ex officio. T h e nominations were closed, and, by unanimous ballot, Mr. Boyle and Ms. Reese were elected members of the Executive Committee to serve until the next annual meeting of the board or until their successors shall have been elected. Secretary, Comptroller, and University Counsel of the Board In accord with the Bylaws of the board, the president of the University conveyed his advice to the board that the three incumbents be reelected: Michele M. T h o m p s o n , secretary of the board; Craig S. Bazzani, comptroller of the board; and Byron H. Higgins, university counsel. Mr. Boyle moved that a unanimous ballot be cast, and the incumbents — Ms. T h o m p s o n and Messrs. Bazzani and Higgins — were elected secretary, comptroller, and university counsel of the board, respectively, to serve until the next annual meeting of the board or until their successors shall have been elected. Treasurer of the Board O n motion of Mrs. Gravenhorst, Mr. Bernard T. Wall was reelected to serve as treasurer of the board for a two-year term in accordance with the statutory provision for a biennial term for the treasurer. H e will serve until the annual meeting of 1993, or until his successor is elected and qualified. Treasurer's Bond O n motion of Mr. Boyle, the amount of the treasurer's bond was fixed at $6,000,000 and the Finance and Audit Committee was instructed to see that the treasurer presents a satisfactory bond in the amount specified above and to r e p o r t the same to the board. Authority to Receive Moneys Mr. Boyle offered the following resolution and moved its adoption:

Resolved that the Treasurer of the Board of Trustees of the University of Illinois be, and hereby is, authorized to receive and receipt for all moneys, and to endorse all orders, drafts, and checks due and payable to the Board of Trustees or to the University of Illinois, and especially all drafts drawn by the Treasurer of the United States payable to the Board of Trustees or the University of Illinois.

T h e resolution was unanimously adopted. Delegation of Signatures O n motion of Mr. Boyle, the following resolution was unanimously adopted.

Resolved that the president of the Board of Trustees is authorized to delegate to such individuals as he may designate from time to time authority to sign his name as president of the Board of Trustees to vouchers presented to the State Comptroller and authority to sign his name to warrants on the