Repository: UIHistories Project: Board of Trustees Minutes - 1986 [PAGE 457]

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BOARD OF TRUSTEES

[January 16

Mrs. Shepherd stated her thanks for the expression of confidence and for the privilege of serving. She reviewed what she characterized as " a remarkable year of progress" for the University, citing major advances in computer-related and high-technology activities; increased enrollment by minority students; financial support of a high order, both private and public. She invited all of the trustees to a renewed sense of dedication in the work of the coming year, worthy of the efforts of faculty, students, and others who serve the University. Executive Committee Mrs. Shepherd then asked for nominations for the Executive Committee. Mr. Forsyth nominated Mrs. Day and Miss Smith to serve as members of the Executive Committee, with the president of the board as chairman, ex officio. M r . Howard seconded the nominations. Mr. Logan moved the nominations be closed, and, by unanimous ballot, Mrs. Day and Miss Smith were elected members of the Executive Committee to serve until the next annual meeting of the board or until their successors shall have been elected. Secretary, Comptroller, and University Counsel of the Board In accord with the Bylaws of the board, the president of the University had conveyed his advice to the board that the three incumbents be reelected: Earl W. Porter, secretary of the board; Craig S. Bazzani, comptroller of the board; and Byron H . Higgins, university counsel. Mr. Logan moved that a unanimous ballot be so cast, and the incumbents -— M r . Porter, Mr. Bazzani, and Mr. Higgins — were elected secretary, comptroller, and university counsel of the board, respectively, to serve until the next annual meeting of the board or until their successors shall have been elected. Delegation of Signatures

Resolved that the president of the Board of Trustees is authorized to delegate to such individuals as he may designate from time to time authority to sign his name as president of the Board of Trustees to vouchers presented to the State Comptroller and authority to sign his name to warrants on the University Treasurer covering vouchers in accordance with regulations approved by the board; and Resolved further that the secretary of the Board of Trustees is authorized to delegate to such individuals as he may designate from time to time authority to sign his name as secretary of the Board of Trustees to vouchers presented to the State Comptroller and to warrants on the University Treasurer covering vouchers approved in accordance with regulations of the board. Be It Further Resolved that the First National Bank of Chicago, as a designated depositary of Bernard T. Wall, treasurer of this corporation, be and it (including its correspondent banks) is hereby requested, authorized, and directed to honor checks, drafts, or other orders for the payment of money drawn in this corporation's name, including those