Repository: UIHistories Project: Board of Trustees Minutes - 1980 [PAGE 401]

EXTRACTED TEXT FROM PAGE:

390

BOARD O F T R U S T E E S

[September

20

appointments to the positions of director, head football coach, head basketball coach, as well as the assignment of funds for new projects or nonrecurring capital expenditures in excess of $12,500, shall be presented to the Board of Trustees for approval. T h e student advisory vote w a s : Aye, M r . Grady, M r . Sobotka, Miss Wyncott; no, none. O n m o t i o n of M r . H a h n , this r e c o m m e n d a t i o n w a s a p p r o v e d , a n d a u t h o r i t y w a s g i v e n as r e c o m m e n d e d b y t h e following v o t e : A y e , D r . Donoghue, M r . Forsyth, M r . H a h n , M r . H o w a r d , M r . Lenz, M r . Neal, M r s . Shepherd, M r . Stone, M r . Velasquez; no, n o n e ; absent, Governor Thompson.

Amendment of Bylaws, Athletic Association of the University of Illinois at Urbana-Champaign

(5) T h e Bylaws of the Athletic Association of the University of Illinois at UrbanaChampaign make no provision for the indemnification of its directors and officers or former directors or officers against expenses incurred in connection with the defense or settlement of claims, action, suit, or proceedings in which any of them might be involved pursuant to their official responsibilities in relation to the Athletic Association. T o correct this situation, the Board of Directors of the Athletic Association on July 28, 1979, approved the adoption of the following amendment, subject to further action of the Board of Trustees: Article VI. Board of Directors Section 10. Pursuant to the statutory provisions governing the Association, the Board of Directors has the authority in its discretion to agree to indemnify any and all of its directors and officers or former directors or officers against expenses actually and necessarily incurred in connection with the defense or settlement of any claims, action, suit or proceedings in which they or any of them are involved or made parties or a party by reason of being or having been directors or a director or officers of the Association, or for claims made against them, except in relation to matters as to which any such director or officer or former director or officer or person shall be adjudged by the directors or in such action or suit or proceeding to be liable for willful misconduct in the performance of duty and to such matters as shall be settled by agreement predicated on the evidence of such liability. The Board of Directors may also authorize the purchase and maintenance of insurance against liability hazard against the aforementioned individuals and Association. T h e chancellor at the Urbana-Champaign campus has recommended approval of the amendment. I concur.

On motion of Mr. Howard, this recommendation was approved. On motion of Mr. Stone, the board agreed that one roll call vote would be taken and considered the roll call vote on each of the next ten items. On motion of Mr. Stone, items 6 through 15 inclusive were approved.

Award of Certified Public Accountant Certificates

(6) T h e Committee on Accountancy recommends that the certificate of certified public accountant be awarded to 1,059 candidates who passed the standard written