Caption: Board of Trustees Minutes - 1986
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218 BOARD OF TRUSTEES [March 21 ganizations; 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 2 357 683 77 $2 757 683 77 400 000 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. On motion of Mr. Hahn, the purchases recommended were authorized by the following vote: Aye, Mrs. Day, Mrs. Gravenhorst, Mr. Hahn, Mr. Howard, Mr. Logan, Mr. Madden, Mrs. Shepherd, Miss Smith; no, none; absent, Mr. Forsyth, Governor Thompson. (The student advisory vote was: Aye, Mr. Lamm, Mr. Pittman; no, none.) Comptroller's Monthly Report of Contracts Executed (30) T h e comptroller submitted the March 1985 report of contracts. T h e 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. Report of Investment Transactions through February 28,1985 (31) The comptroller presented the investment report as of February 28, 1985. Transactions under Finance and Audit Committee Guidelines Date Number Description Cost/Yield Sales: 2/8 $1 191 000 Tenneco demand notes $1 191 000 00 $1 2/11 136 000 Quaker Oats demand n o t e s . . 136 000 00 2/13 1 600 shares M C I Communications common stock 11 913 60 2/14 12 000 shares M C I Communications common stock 89 352 00 2/15 $ 4 000 Quaker Oats demand notes. . 4 000 00 2/19 2 000 Eli Lilly demand notes 2 000 00 2/20 17 700 shares M C I Communications common stock 134 669 80 2/20 $ 5 000 Eli Lilly demand notes 5 000 00 2/21 17 000 Ford Motor Credit demand notes 17 000 00 2/22 1 000 Ford Motor Credit demand notes 1 000 00 Purchases: 2/1 $ 100 000 GMAC demand notes 8.21%$ 2/8 97 000 Ford Motor Credit demand n o t e s . . . 8.47 2/8 1 064 000 GMAC demand notes 8.41 1 2/8 30 000 Quaker Oats demand notes 8.75 2/11 1 100 shares Hewlett Packard common stock 59 2/11 1 400 shares International Telephone & Telegraph common stock 3.22 Amount 191 000 00 136 000 00 16 000 00 126 300 00 4 000 00 2 000 00 183 637 50 5 000 00 17 000 00 1 000 00 100 97 064 30 41 000 000 000 000 063 00 00 00 00 00 43 512 00
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