Caption: Board of Trustees Minutes - 1968 This is a reduced-resolution page image for fast online browsing.
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1967] Sinking Funds UNIVERSITY OF ILLINOIS 457 ASSEMBLY H A L L Purchase $195 000 U.S. Treasury 4% per cent notes due 8/15/67. DORMITORY R E V E N U E BONDS OF 1956 195 304 69 Purchase $13 000 U.S. Treasury 4 per cent bonds due 2/15/72 HOUSING R E V E N U E BONDS 12 707 50 Purchase $773 000 U.S. Treasury 5 ^ per cent notes due 2/15/68. 11 000 U.S. Treasury 5 % per cent notes due 11/15/71 445 000 U.S. Treasury 4 per cent bonds due 2 / 1 5 / 7 2 . . . MEDICAL C E N T E R BONDS (Medical Center) 780 730 00 11 316 25 433 040 63 Purchase $17 000 U.S. Treasury 4 per cent bonds due 2 / 1 5 / 7 0 . . . . M E N ' S R E S I D E N C E H A L L S OF 1957 Purchase $195 000 U.S. Treasury 4 per cent bonds due 2 / 1 5 / 7 2 . . . STUDENT SERVICES 16 745 00 Purchase $48 000 U.S. Treasury 4 per cent bonds due 2 / 1 5 / 7 2 . . . . 188 906 25 This report was received for record. REGULAR AGENDA DELAYED 46 500 00 President Johnston announced that the regular agenda would be continued after lunch as the next item of business could not be considered until a report on the bids on the Housing Revenue Bonds of 1966, Series A and B (to finance the construction of the Orchard Apartments, Phase 4), had been received from Chicago. STATEMENT BY MR. THEODORE A. JONES Mr. Jones asked for the floor and made the following suggestion: That there be developed a regular procedure for recording the items of interest raised by Trustees from time to time. He suggested that a "log" be established listing the inquiries of Trustees and the reports prepared in response to them. Such a listing, he pointed out, would give all concerned an opportunity from time to time to assess subjects so listed. The Secretary was directed to establish and maintain such a log. REPORTS AND RECOMMENDATIONS FROM T H E P R E S I D E N T O F T H E BOARD FUTURE BOARD MEETINGS Since October, 1966, the Board has been meeting on the second Tuesday of each month on a trial basis. The Board agreed to return to the schedule provided by the By Laws, the third Wednesday of each month, beginning with the September, 1967, meeting. The Board also agreed to change the dates of the April, May, June, and July, 1967, meetings as follows: April 19, in Urbana; May 16, at the Medical Center; June 20, in Urbana; and July 26, in Urbana. The Board agreed to omit the August, 1967, meeting. REPORT OF THE FINANCE COMMITTEE Mr. Swain, for the Finance Committee, presented the following report and moved its adoption.
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