Caption: Board of Trustees Minutes - 1986
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184 BOARD O F T R U S T E E S [February 21 organizations; grants from foundations, corporations, and other donors: and University revolving funds authorized by law. T h e total amounts of these purchase* were: From Appropriated Recommended From Institutional Recommended Grand Total Funds $ Funds 876 343 65 $1 145 633 65 269 290 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 . L o g a n , t h e p u r c h a s e s r e c o m m e n d e d w e r e a u t h o rized by t h e f o l l o w i n g v o t e : Aye, M r s . D a y , M r . F o r s y t h , M r s . G r a v e n horst, M r . H a h n , M r . H o w a r d , M r . L o g a n , M r . M a d d e n , M r s . S h e p h e r d , Miss S m i t h ; no, n o n e ; absent, Governor T h o m p s o n . ( T h e student advisory vote w a s : Aye, M r . L a m m , M r . P i t t m a n ; no, none.) Report of Finance and Audit Committee on Treasurer's Bond (21) The Finance and Audit Committee reports that the University has obtained a treasurer's bond in the amount of $6,000,000 with the Kemper Insurance Companies as surety and Bernard T. Wall as principal. T h e Finance and Audit Committee has accepted the bond and reports its receipt for record. T h i s r e p o r t w a s r e c e i v e d for r e c o r d . Comptroller's Monthly Report of Contracts Executed (22) T h e comptroller submitted the February 1985 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. T h i s r e p o r t w a s r e c e i v e d for r e c o r d . Report of Investment Transactions through January 31,1985 (23) The comptroller presented the investment report as of January 3 1 , 1985. Transactions under Finance and Audit Committee Guidelines Date Number Description Cost/Yield Sales: 12/24 2 100 shares Scientific Atlanta common stock $ 22 352 4 0 $ 12/26 600 shares Scientific Atlanta common stock 6 386 40 12/27 2 400 shares Consolidated Freightways capital stock 56 196 00 12/27 $ 400 000 GMAC demand notes 400 000 00 12/27 250 000 Illinois Bell Telephone 8 percent bonds due 12/10/04 240 790 00 12/27 1 600 shares Scientific Atlanta common stock 17 030 40 Amount 2168177 6 419 78 65 762 50 400 000 00 176 449 44 16 818 63
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