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Caption: Board of Trustees Minutes - 1986
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1983] UNIVERSITY OF ILLINOIS 327 Vice President Bazzani reported on the procurement of insurance. It has not been possible to procure comprehensive policies with multiple coverage, i.e., property, crime, and malpractice. All insurance, especially in medical malpractice, is increasingly costly and difficult to obtain. I n the instance of property coverage, the action approved by the board in June will be implemented. 1 Coverage will be obtained from the Indiana Insurance Company, supplemented by additional coverage from INA but at much higher rates. Adequate coverage for medical malpractice is still being sought; it is expected that this will be obtained from Lloyds of London, effective July 1. T h e president reported on discussions with a donor who may make a substantial gift through the University of Illinois Foundation in the general area of advanced science and technology. T h e gift may be reported to the Foundation at its meeting in August. EXECUTIVE SESSION ADJOURNED FOR COMMITTEE MEETINGS There being no further business, the executive session adjourned for meetings of the Committee on Buildings and Grounds and a meeting of the board as a Committee of the Whole. 2 T h e Board of Trustees reconvened in regular session at 11:00 a.m. MINUTES APPROVED T h e secretary presented for approval the press proofs of the minutes of the Board of Trustees meetings of April 18, and May 16, 1985, copies of which had previously been sent to the board. O n motion of Mr. Forsyth, these minutes were approved. INTRODUCTION AND INSTALLATION OF STUDENT TRUSTEES President Shepherd introduced Mr. Scott L. Becker, student trustee from the Urbana-Champaign campus, who was officially attending his first meeting of the board. Mrs. Shepherd spoke briefly, welcoming him to service on the board, and read a brief installation statement. (Mr. Kevin K. Lamm, Chicago campus, began his second term with this meeting.) President Shepherd then announced the student members' committee assignments for the coming year — Mr. L a m m : Buildings and Grounds Committee, Finance and Audit Committee, and Student Welfare and Activities Committee; Mr. Becker: Academic Affairs Committee, Affirmative Action/Equal Opportunity Committee, and Student Welfare and Activities Committee. A specific recommendation to purchase was approved at that time. On the previous day, Wednesday, July 17 (and on July 18), at meetings of the board as a Committee of the Whole, the trustees received presentations on the operating and capital budget requests for Fiscal Year 1987, including preliminary recommendations. Final budget requests will be presented for action by the Board of Trustees in September. 1 2
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