Repository: UIHistories Project: Board of Trustees Minutes - 1988 [PAGE 108]

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98

BOARD O F T R U S T E E S

[September

11

Dote Number 7/10 $ 2 300 000 7/10 145 000 7/10 1 905 000 7/14 975 7/15 7/17 7/18 7/24 7/28 7/28 7/28 7/28 8/5 8/7 8/7 8/7 8/8 8/12 8/14 8/14 8/15 8/15 8/15 9 000 2 000 000 2 000 000 1 380 000 100 000 26 659 8 000 2 000 000 1 000 19 000 1 400 000 3 155 000 25 000 2 000 000 3 000 1 000 354 120 5 560 000 000 000 000

Description Cost/Yield U.S. Treasury bills due 2/19/87 6.02% U.S. Treasury bills due 9/25/86 5.51 U.S. Treasury bills due 12/18/86 . . . 5.83 Federated Trust for U.S. Treasury Obligations 5.91 General Motors Acceptance demand notes 6.44 U.S. Treasury bills due 12/11/86 5.91 U.S. Treasury bills due 12/18/86 5.68 U.S. Treasury bills due 8/28/86 5.34 Mid-City 6 percent certificate of deposit due 10/27/86 6.00 Champaign National Bank liquid cash 6.24 Southwestern Bell Telephone demand notes 6.22 U.S. Treasury bills due 12/18/86 4.72 Tenneco demand notes 6.38 General Motors Acceptance demand notes 6.34 U.S. Treasury bills due 11/28/86 5.81 U.S. Treasury bills due 12/26/86 5.81 Salomon demand notes 6.31 U.S. Treasury bills due 1/22/87 . . . . 5.82 General Motors Acceptance demand notes 6.34 U.S. Treasury bills due 1/22/87 5.74 Salomon demand notes 6.31 Southwestern Bell demand notes 6.21 U.S. Treasury bills due 9/25/86 5.38

Amount $2 216 995 56 143 309 74 1 856 608 77 974 85 9 000 00 1 952 878 33 1 950 548 89 1 372 875 75 100 000 00 26 659 24 8 000 00 1 963 207 22 1 000 00 19 000 1 374 907 3 084 811 25 000 1 948 655 3 974 354 120 5 526 000 955 000 000 139 00 72 77 00 00 00 56 00 00 60

On motion of Miss Smith, this report was approved as presented. Employment of Professional Consultant and Engineer, Proposed Terminal Complex, Williard Airport

(38) On April 10, 1986, the Board of Trustees approved an initial Agency and Participation Agreement and the submission of an application for Federal support of a new airline passenger terminal complex at Willard Airport. In order for the project to proceed, it is necessary to employ a professional consultant for program development and conceptual alternatives for the terminal complex and to establish a project cost budget It is also necessary to employ a consulting engineer to commence the planning work required for the site utilities and the construction of apron, connecting taxiways, access roads, and parking lots. Accordingly, the president of the University, with the concurrence of the appropriate administrative officers, recommends that the Board of Trustees request the Illinois Department of Transportation, Division of Aeronautics, to employ the firm of Thompson Consultants International, Hawthorne, New York, to provide the professional consulting services for the program requirements and conceptual development of the proposed terminal complex on an hourly basis, not to exceed $77,000 plus reimbursable expenses for telephone, travel, subsistence, and reproduction of drawings. It is also recommended that the Illinois Department of Transportation, Division of Aeronautics, be requested to employ the firm of Crawford, Murphy & Tilly, Inc., Springfield, to provide the professional engineering services required (through the receipt of bids) for the planning of apron, connecting taxiways, access roads, parking lots, and site utilities. The fee for Crawford, Murphy & Tilly, Inc., will be negotiated by the Illinois Department of Transportation, Division of Aeronautics, in accordance with its standard procedure, which corresponds to the University's requirements.