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Caption: Board of Trustees Minutes - 1980
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1978] UNIVERSITY OF ILLINOIS 151 General Rules, the latter, as distributed to staff members, are often at variance with board-authorized dollar limits. In order that information on these limits may be more effectively kept up to date, I recommend that Article I I , Section 4 ( e ) , of the General Rules be modified to delete specific dollar limits on purchases, contracts, contract change orders, and leases as specified in the following. _ The General Rules Concerning University Organization and Procedure 1 Article II, Sec. 4 (e) Purchases, contracts, change orders, and [new] leases involving payments by the University in one fiscal year in excess of [$10,000, renewals of leases where the increase in rental exceeds $2,500, and contract change orders which increase the amount to be paid by the University under a contract by more than $12,500,] such dollar amounts as the Board of Trustees may specify from time to time shall be specifically authorized by the Board of Trustees, unless, in the opinion of the President of the University, necessity requires immediate action, in which case the President shall act to approve the transaction and report the same promptly to the Board. If the amount involved in such an emergency transaction is in excess of $100,000, but not more than $500,000, the President will not approve the transaction without first consulting individually those members of the Executive Committee of the Board who can reasonably be contacted before the emergency action must be taken. Similar consultation must occur with all Board members who can reasonably be contacted before Presidential action on an emergency transaction of over $500,000. T h e Vice President for Administration is authorized to approve on behalf of the Board of Trustees purchases, contracts, [and new] leases [of $10,000 or less], and contract change orders [of $12,500 or less,] not requiring specific Board authorization and shall report such approvals to the Board as the Board may direct from time to time. This subparagraph (e) [relating to] requiring specific Board approval [related to] above dollar amounts the Board of Trustees may specify from time to time does not apply to the execution of, or supersede previous actions of the Board authorizing the execution of, those types and classes of purchases, leases, and contracts which the Board of Trustees has authorized to be executed without its prior specific approval, such as farm leases, purchases of food products, grain, livestock, fertilizer, generic commodities purchased on joint bids with other state institutions, purchases for resale by students and others, and other commodities which the Board may from time to time exempt, cultural and entertainment presentations, subcontracts under contracts for research, gifts or grants, University Press publications, and any other transactions which the Board may from time to time exempt. On motion of Mr. Forsyth, these revisions were approved. Contract w i t h Loyola University, Chicago Circle (Certification in Educational Administration, Principal's Certificate) (8) T h e chancellor at Chicago Circle has recommended that authorization be granted for the execution of a contract with Loyola University for a cooperative program leading to the administrative certificate, thus providing an option not now available to graduate students in education at Chicago Circle. Under the agreement, 20 hours of course work (five courses) would be available to students from the Chicago Circle campus in the Loyola University educational administration program. These courses, upon completion of the master's degree in educational policy and educational administration, would permit the Chicago Circle students to acquire the endorsement for administrative certificate issued by the State Certi1 New material is italicized; deleted material is in brackets.
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