UIHistories Project: A History of the University of Illinois by Kalev Leetaru
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Repository: UIHistories Project: Board of Trustees Minutes - 1994 [PAGE 531]

Caption: Board of Trustees Minutes - 1994
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1996]

UNIVERSITY OF ILLINOIS

519

Gindorf, Mrs. Gravenhorst, Mr. Lamont, Ms. Lopez, Mrs. O'Malley, Ms. Reese; no, none; absent, Governor Edgar. (The student advisory vote was: Aye, Mr. Malone, Mr. Mathew, Mr. Rose; no, none.)

Purchases

(20) The president submitted, with his concurrence, a list of purchases recommended by the directors of purchases and the vice president for business and finance; also purchases authorized by the president. The purchases were presented in two categories: purchases from appropriated funds (i.e., from State appropriations to the University); and purchases from institutional funds. The latter term designates funds received by the University under contracts with the United States government, private corporations, and other organizations; grants from foundations, corporations, and other donors; and University revolving funds authorized by law. The total amounts of these purchases were: From Appropriated Funds Recommended From Institutional Funds Authorized Recommended $ 149 445 5 652 118 563 563 the the $ 629 000

5 801 Grand Total $6 430 A complete list of the purchases, with supporting information (including quotations received), was sent to each member of the board in advance of meeting. A copy is being filed with the secretary of the board for record.

On motion of Mrs. Gravenhorst, the purchase authorized by the president was confirmed, and the purchases recommended were authorized by the following vote: Aye, Dr. Bacon, Mrs. Calder, Mr. Engelbrecht, Dr. Gindorf, Mrs. Gravenhorst, Mr. Lamont, Ms. Lopez, Mrs. O'Malley, Ms. Reese; no, none; absent, Governor Edgar. (The student advisory vote was: Aye, Mr. Malone, Mr. Mathew, Mr. Rose; no, none.)

Comptroller's Financial Report Quarter Ended December 31, 1995

(21) The comptroller presented his quarterly report as of December 31, 1995. A copy has been filed with the secretary of the board.

This report was received for record.

Comptroller's Report of Contracts for the Period Ending December 31,1995

(22) The comptroller submitted the report of contracts. The report included contractual agreements for payments to the University in amounts of $50,000 or more and for payments made by the University for subcontracts under sponsored research agreements. A copy of this report is filed with the secretary.

This report was received for record.