Caption: Board of Trustees Minutes - 1984
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186 BOARD OF TRUSTEES [March 17 propriated funds (i.e., from State appropriations to the University); and purchases from institutional funds. T h e latter term designates funds received by the University under contracts with the U.S. government, private corporations, and other organizations; grants from foundations, corporations, and other donors; and University revolving funds authorized by law. T h e total amounts of these purchases were: From Appropriated Recommended From Institutional Recommended Grand Total Funds $ 81 385 57 Funds 883 897 90 $965 283 47 A complete list of the purchases, with supporting information, including the quotations received was sent to each member of the board in advance of the meeting. A copy is being filed with the secretary of the board for record. On motion of Mrs. Day, the purchases recommended were authorized by the following vote: Aye, Mrs. Day, Dr. Donoghue, Mr. Forsyth, Mr. Howard, Mr. Logan, Mr. Madden, Mrs. Shepherd, Mr. Stone; no, none; absent, Mr. Hahn, Governor Thompson. (The student advisory vote was: Aye, Mr. Bandala, Mr. Cobb, Miss Forsyth; no, none.) Report of Purchases Approved by the Acting Vice President for Business and Finance (29) The acting vice president for business and finance also submitted a report of purchases approved by him on recommendation of the directors of purchases in amounts of $20,000 to $25,000, and a report of bids taken in behalf of the Capital Development Board. A copy of this report is filed with the secretary. This report was received for record. Comptroller's Monthly Report of Contracts Executed (30) T h e comptroller submitted the March 1983 report of contracts. T h e report included contractual agreements for payments to the University and contracts in amounts up to $25,000, to be paid by the University. A copy of this report is filed with the secretary. This report was received for record. Report of Investment Transactions through February 28,1983 (31) T h e comptroller presented the investment report as of February 28, 1983. Transactions u n d e r Finance C o m m i t t e e G u i d e l i n e s Date Number Description Cost/Yield Sales: 2/1 $1 000 000 Federal Farm Credit 14.10 percent bonds due 4 / 2 2 / 9 1 . . $ 991 875 2/1 1 950 000 U.S. Treasury 10 percent bonds due 5/15/10 1 893 187 2/7 98 000 Merrill Lynch demand notes. 98 000 2/7 519 000 Caterpillar Tractor demand notes 519 000 Amount 00 $1 132 812 50 50 00 00 1 764 140 63 98 000 00 519 000 00
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