Repository: UIHistories Project: Board of Trustees Minutes - 1988 [PAGE 442]

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432

BOARD OF TRUSTEES

[November 12

The purchases were presented in two categories: purchases from appropriated funds (i.e., from State appropriations to the University); and purchases from institutional funds. The latter term designates funds received by the University under contracts with the United States government, private corporations, and other organizations; grants from foundations, corporations, and other donors; and University revolving funds authorized by law. The total amounts of these purchases were: From Appropriated Recommended From Institutional Recommended Grand Total Funds $ Funds 18 671 066 91 $18 862 334 91 191 268 00

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 m o t i o n of M r s . Gravenhorst, t h e purchases r e c o m m e n d e d w e r e authorized by t h e f o l l o w i n g v o t e : A y e , M r s . Calder, M r . Forsyth, M r s . Gravenhorst, M r . H a h n , M r . H o w a r d , M r . L o g a n , M r s . S h e p h e r d , M i s s S m i t h , M r . Wolff; n o , n o n e ; absent, G o v e r n o r T h o m p s o n . ( M r . L o g a n asked t o b e recorded as n o t v o t i n g o n p u r c h a s e i t e m n o . 10.) ( T h e student advisory v o t e w a s : A y e , M r . Evenson, M r . W y l i e ; n o , none.)

Comptroller's Monthly Report of Contracts Executed

(19) The comptroller submitted the November 1987 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 secretary. T h i s report w a s received for record.

Comptroller's Report of Investment Transactions through October 15,1987

(20) The comptroller presented the above report which includes transactions under Finance and Audit Committee guidelines and transactions under the comptroller's authority. A copy of this report is filed with the secretary of the board. O n m o t i o n of M r s . Gravenhorst, this report w a s a p p r o v e d as

presented. Quarterly Report of the Comptroller

(21) The comptroller presented his quarterly report as of September 30, 1987. A copy has been filed with the secretary of the board.

This report was received for record. Comptroller's Report of Gifts and Funds Received from Outside Sources

(22) The comptroller presented a report of gifts, grants, and contract funds (including funds from private donors and funds received from governmental agencies) received by the University during the Fiscal Year July 1, 1986, through June 30, 1987.