Caption: Board of Trustees Minutes - 1994
This is a reduced-resolution page image for fast online browsing.
EXTRACTED TEXT FROM PAGE:
1995] UNIVERSITY OF ILLINOIS 143 was instructed to see that the treasurer presents a satisfactory bond as specified above, and to report the same to the board for approval. Authority to Receive Moneys Dr. Gindorf 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. The resolution was unanimously adopted. Delegation of Signatures Ms. Reese offered the following resolution and moved its adoption: Resolved that the chair of the Board of Trustees is authorized to delegate to such individuals as he/she may designate from time to time authority to sign his/her name as chair of the Board of Trustees to vouchers presented to the State Comptroller and authority to sign his/her name to warrants on the University Treasurer covering vouchers approved in accordance with regulations approved by the board. The resolution was unanimously adopted. Mrs. Gravenhorst offered the following resolutions and moved their adoption: Resolved further that the secretary of the Board of Trustees is authorized to delegate to such individuals as she may designate from time to time authority to sign her name as secretary of the Board of Trustees to vouchers presented to the State Comptroller and to warrants on the University Treasurer covering vouchers approved in accordance with regulations of the board. And be it further Resolved that the State Comptroller is hereby authorized and directed to honor vouchers bearing facsimile signatures of the chair and secretary of the Board of Trustees of the University of Illinois if such facsimile signatures resemble the facsimile specimens duly certified to or filed with the State Comptroller by the secretary. These authorizations are to continue in effect until the State Comptroller has been supplied with specimen signatures of succeeding officers of this board. These resolutions were unanimously adopted. WELCOME OF NEW TRUSTEES Mr. Lamont extended a welcome to Mr. William D. Engelbrecht and Mrs. Martha R. O'Malley and noted that they were attending their first regular meeting of the board. He related that they had been sworn-in as trustees of the University of Illinois, along with the Constitutional Officers of the State at the inauguration activities the previous week in Springfield.
| 
