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Caption: Board of Trustees Minutes - 1988
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1986] UNIVERSITY OF ILLINOIS 93 The total amounts of these purchases were: From Appropriated Funds Recommended From Institutional Funds Authorized $ 244 432 00 Recommended 8 540 671 38 $ 246 923 48 8 785 103 38 Grand Total $9 032 026 86 A complete list of the purchases, with supporting information (including the quotations received), was sent to each member of the board in advance of the meeting. A copy is being filed with the secretary of the board for record. O n motion of Miss Smith, the purchases authorized by the president were confirmed, and the purchases recommended were authorized by the following vote: Aye, Mrs. Day, Mr. Forsyth, Mrs. Gravenhorst, Mr. H a h n , Mr. Howard, M r . Logan, Mr. Madden, Mrs. Shepherd, Miss Smith; no, none; absent, Governor Thompson. ( T h e student advisory vote was: Aye, Mr. Filip, Mr. Starkeson; no, none.) Comptroller's Monthly Report of Contracts Executed (36) The comptroller submitted the September 1986 report of contracts. The report included contractual agreements for payments to the University and contracts in amounts up to $50,000, to be paid by the University. A copy of this report is filed with the secretary. This report was received for record. Report of Investment Transactions through August 15, 1986 (37) The comptroller presented the investment report as of August 15, 1986. Date Number Description Cost/Yield Amount Transactions under Finance and Audit Committee Guidelines Sales: 6/16 6/16 6/17 6/18 6/20 6/24 6/25 6/25 6/30 7/1 7/2 7/10 7/14 7/15 900 shares Comdata Network common stock $ 11 873 $ 18 000 General Motors Acceptance demand notes 18 000 12 000 Quaker Oats demand notes . . 12 000 17 000 General Motors Acceptance demand notes 17 000 9 000 Quaker Oats demand notes . . 9 000 4 000 Quaker Oats demand notes . . 4 000 7 000 Eli Lilly demand notes 7 000 74 000 Quaker Oats demand notes . . 74 000 2 800 shares Associated Dry Goods common stock 122 144 1 900 shares Associated Dry Goods common stock 82 883 $ 5 000 General Motors Acceptance demand notes 5 000 1 593 000 Quaker Oats demand notes . . 1 593 000 27 000 Quaker Oats demand notes . . 27 000 5 000 Quaker Oats demand notes . . 5 000 58 $ 00 00 00 00 00 00 00 40 70 00 00 00 00 11 250 00 18 000 00 12 000 00 17 9 4 7 74 000 000 000 000 000 00 00 00 00 00 181447 94 123 699 74 5 1 593 27 5 000 000 000 000 00 00 00 00
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