Repository: UIHistories Project: Board of Trustees Minutes - 1980 [PAGE 430]

EXTRACTED TEXT FROM PAGE:

1979]

UNIVERSITY OF ILLINOIS

419

8/27 $3 000 000 U.S. Treasury bills due 1 1 / 1 5 / 7 9 . . . 9.83% $2 935 866 67 8/31 1 500 000 First National 10.95 percent certificate of deposit due 10/19/79 10.95 1 500 000 00 O n m o t i o n of M r . H o w a r d , this r e p o r t w a s a p p r o v e d as p r e s e n t e d . Contract with Spertus College of Judaica, Chicago Circle (36) On July 21, 1971, the Board of Trustees authorized the president to negotiate a contract with the Spertus College of Judaica for a cooperative program in Judaic studies. Under this agreement, a wide range of courses in Judaic studies offered by Spertus College of Judaica became available to students at the Chicago Circle campus. T h e contract provided for the University to reimburse Spertus College of Judaica at the rate of $8.50 per quarter credit hour per student, subject to a maximum payment of $11,000 per academic year. Because of increased costs incurred by Spertus College in operating this program, the Board of Trustees, on June 19, 1974, authorized the president to renegotiate the contract with Spertus College of Judaica. The new contract provided for the University to reimburse Spertus College of Judaica at the rate of $9.50 per quarter hour per student, without fixing a maximum payment. Because of increased costs, the Spertus College of Judaica has again asked the University to renegotiate the contract. Accordingly, the president, with the concurrence of the appropriate administrative officers, recommends that authorization be granted by the board for the award of a new contract with the Spertus College of Judaica. The new contract would reimburse Spertus College at the rate of $13.50 per quarter credit hour per student, effective with the fall quarter 1979. (It is estimated that such reimbursement will amount to $18,000 per year.) In return, the Spertus College of Judaica will continue to offer its wide range of courses in Judaic studies and related areas. T h e new contract will also provide an option in favor of the University allowing it to cancel the agreement for any reason within ten days after the governor of the state of Illinois approves the University's annual appropriation, said cancellation effective as of June 30 of that year. The contract would also be subject to the right of either party to terminate it at any time upon three months written notice — with the provision for continuation following any such termination on a limited basis to assure that students enrolled in the Judaic studies program be able to complete their work. Funds for the support of the program are available in the operating budget of the College of Liberal Arts and Sciences on the Chicago Circle campus. T h e student advisory vote was: Aye, M r . Sobotka, Miss Wyncott; no, n o n e ; absent, M r . Grady. O n motion of Mr. Howard, this recommendation was approved by the following vote: Aye, Dr. Donoghue, Mr. Forsyth, M r . H a h n , M r . Howard, M r . Lenz, M r . Neal, Mrs. Shepherd, M r . Stone, M r . Velasquez; no, n o n e ; absent, Governor Thompson. SECRETARY'S REPORT T h e secretary presented for record appointments to the faculty and changes of status made by the president, resignations, leaves of absence, and retirements. A copy of the report is filed with the secretary. DEGREES CONFERRED T h e secretary presented for record the following list of degrees conferred on candidates at die U r b a n a - C h a m p a i g n campus on August 6, 1979.