Repository: UIHistories Project: Board of Trustees Minutes - 1988 [PAGE 51]

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1986]

Date 5/21

UNIVERSITY OF ILLINOIS

41

Number Description Cost/Yield Amount $ 1 877 000 General Motors Acceptance 6% percent commercial paper due 5/22/86 . . 6.75% $1 877 000 00 5/22 1 877 000 Westinghouse 6.60 percent commercial paper due 5/23/86 6.60 1 877 000 00 5/22 550 000 U.S. Treasury bills due 10/23/86 6.37 535 412 78 5/23 560 000 U.S. Treasury bills due 10/23/86 6.32 545 362 72 5/23 1 317 000 U.S. Treasury bills due 10/23/86 6.68 1 280 629 47 5/28 4 000 General Motors Acceptance demand notes 6.77 4 000 00 5/29 300 000 U.S. Treasury bills due 7/10/86 6.12 297 872 00 5/29 1 380 000 U.S. Treasury bills due 7/24/86 6.19 1 366 840 93 5/29 200 000 U.S. Treasury bills due 9/18/86 6.31 196 148 44 5/30 200 000 U.S. Treasury bills due 10/23/86 6.45 194 905 14 6/2 240 000 U.S. Treasury bills due 9/25/86 6.22 235 325 00 6/3 13 000 General Motors Acceptance demand notes 6.83 13 000 00 6/4 127 000 Quaker Oats demand notes 6.63 127 000 00 6/5 56 000 Eli Lilly demand notes 6.92 56 000 00 6/5 1 000 000 General Motors Acceptance 7 percent commercial paper due 6 / 6 / 8 6 7.00 1 000 000 00 6/5 3 000 000 U.S. Treasury bills due 8/7/86 6.48 2 966 347 50 6/5 3 250 000 U.S. Treasury bills due 9/4/86 6.56 3 197 011 46 6/6 110 000 General Motors Acceptance demand notes 6.95 110 000 00 6/6 1 000 000 Westinghouse Credit 6.80 percent commercial paper due 6 / 9 / 8 6 6.80 1 000 000 00 6/9 1 000 000 General Motors Acceptance 6.85 percent commercial paper due 6 / 1 0 / 86 . 6.85 1 000 000 00 6/9 2 000 000 U.S. Treasury bills due 9/18/86 6.37 1 964 874 44 6/10 1 000 000 General Motors Acceptance 6.85 percent commercial paper due 6/10/86 . . 6.85 1 000 000 00 6/12 1 900 000 U.S. Treasury bills due 9/11/86 6.37 1 869 886 73 6/12 310 000 U.S. Treasury bills due 11/28/86 6.55 300 758 99 6/13 90 000 Phibro-Salomon demand notes 6.87 90 000 00

On motion of Mr. Howard, this report was approved as presented.

Contracts, Astronomy Building Remodeling, Phase II, Urbana

(39) On May 16, 1985, the board approved the award of contracts by the comptroller for remodeling the Astronomy Building for installation of a supercomputer for the National Center for Supercomputing Applications. On June 20, 1985, the board authorized the comptroller to enter into a lease/ purchase agreement for two supercomputer systems: the Cray Research Corporation Model X - M P / 2 4 and its successor, Model X - M P / 4 8 . T h e first supercomputer system has been installed on the second floor of the Astronomy Building and is now operational. The installation of the replacement supercomputer system is scheduled for October 1986 and requires additional remodeling as described herein. Accordingly, the president of - the University, with the concurrence of the appropriate administrative officers, recommends the award of the following contracts for remodeling the Astronomy Building to accommodate the X - M P / 4 8 supercomputer. The award in each case is to the low bidder on its base bid plus acceptance of the indicated alternates. 1 Division I — General W. Commercial Builders, Inc., C h a m p a i g n . . Base Bid

1

$ 48 838

Alternate 2: Provide and install a new transformer. Alternate 3: Provide and install additional lighting in the computer room.