Repository: UIHistories Project: Board of Trustees Minutes - 1988 [PAGE 159]

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1986]

UNIVERSITY OF ILLINOIS

149

$3,000,000 of project funds to revise that original project to one that would include a parking structure with an initial capacity of about 500 cars and potential for further expansion, if needed. Urbana Campus Acquire land for parking and future recreation facilities and construct surface parking for 830 cars. Total project cost would approximate $3,000,000. In addition, it is recommended that the board resolve to include all of the land and facilities described as the project in the System and to include all existing facilities that are part of the Urbana campus Parking Division in the System. It should be noted that, prior to this time, Urbana campus parking facilities have not be included in the System because they were not under indenture. I concur. O n motion of M r . Howard, these recommendations were approved by the following vote: Aye, Mrs. Day, M r . Forsyth, Mrs. Gravenhorst, Mr. H a h n , M r . Howard, Mr. Logan, Mr. Madden, Mrs. Shepherd, Miss Smith; no, none; absent, Governor Thompson. ( T h e student advisory vote was: Aye, M r . Filip; no, Mr. Starkeson.) Comptroller's Monthly Report of Contracts Executed (33) The comptroller submitted the November 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. Quarterly Report of the Comptroller (34) The comptroller presented his quarterly report as of September 30, 1986. A copy has been filed with the secretary of the board. This report was received for record. Report of Investment Transactions through October 15, 1986 (35) The comptroller presented the investment report as of October 15, 1986. Date Number Description Cost/Yield Amount Transactions under Finance and Audit Committee Guidelines Sales: 8/15 1 000 shares General Motors common stock $ 58 826 73 $ 70 9/15 $ 2 000 General Motors Acceptance demand notes 2 000 00 2 9/22 26 000 General Motors Acceptance demand notes 26 000 00 26 9/23 3 000 General Motors Acceptance demand notes 3 000 00 3 10/1 100 shares Nashua common stock 1 343 58 2 10/2 5 400 shares HBO common stock 77 544 60 66 10/6 600 shares Nashua common stock 8 061 50 12 10/7 2 200 shares Nashua common stock 29 558 83 48 10/8 200 shares Nashua common stock 2 687 17 4 10/9 600 shares Nashua common stock 8 061 50 13 10/10 1 700 shares Nashua common stock 22 840 92 39 10/15$ 1 000 Southwestern Bell demand notes 1 000 00 1

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