Repository: UIHistories Project: Board of Trustees Minutes - 1984 [PAGE 146]

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1983]

UNIVERSITY OF ILLINOIS

137

Be It Further Resolved, that the Bank is directed to pay all checks, drafts, notes, acceptances, withdrawal tickets, or other orders for the payment of money from such account when such instruments of withdrawal bear or purport to bear the facsimile signatures of the two following: president and secretary of the Board of Trustees of the University of Illinois; and the Maryland National Bank shall be entitled to honor and to charge this Corporation for all such checks, drafts, or other orders, regardless of by whom or by what means the facsimile signature or signatures thereon may have been affixed thereto, if such facsimile signature or signatures resemble the facsmilie specimens duly certified to or filed with the Maryland National Bank by the secretary or other officer of this Corporation. Be It Further Resolved, that Harper & Row, Publishers, acting as agents for the Board of Trustees of the University of Illinois be given limited authorization to endorse all notes, drafts, checks, bills, or other instruments owned or held in behalf of this Corporation for deposit only in said account or for Collection by the Bank, and that any and all endorsements made in behalf of this Corporation upon such checks, drafts, notes, or instruments for deposit or collection made with the Bank may be written or stamped endorsements by Harper & Row, Publishers in behalf of this Corporation. Be It Further Resolved, that the names, titles, a n d / o r signatures of authorized signers may be superseded from time to time by the execution of a new Signature Card tendered to the Bank, properly certified by the secretary. Be It Further Resolved, that the secretary of this Corporation is authorized and directed to deliver and certify to the Bank a certified copy of this resolution and that it is in conformity with the charter and bylaws of this Corporation, together with a certificate or signature card setting forth the names and certifying to the facsimile signatures of the president and secretary of the Board of Trustees of the University of Illinois, and the Bank shall be free from all liability and fully protected in relying on such certifications of the secretary and shall be and hereby is released from any claims, demands, expenses, attorney's fees, loss, damage, or liability whatsoever resulting from, or growing out of, honoring the signature of any person so certified, or refusing to honor any signature not so certified until the actual receipt by the Bank of a written notice purporting to be under the seal of this Corporation and purportedly signed by the president or secretary of this Corporation notifying the Bank of any change of such officers or other authorized signers. O n m o t i o n of M i s s F o r s y t h , t h e f o r e g o i n g r e s o l u t i o n w a s a d o p t e d .

Report of Rejection of Bids, Baseball Field and Softball Field Lighting, Chicago

(17) T h e Chicago campus administration took bids for a project to install outdoor lighting for the baseball field and Softball field at the University Center, to be financed from the proceeds of the sale of University of Illinois Auxiliary Facilities System Bonds, Series N . Bids for this project were received by the University on September 28, 1982. T h e funds from the Series N bonds have been assigned to other University projects. Accordingly, the president recommends, pursuant to the provisions of Article I I , Section 4 ( k ) (2) of the General Rules Concerning University Organization and Procedure, the rejection of these bids, and the president now reports their rejection.

This report was received for record.

Contracts for Dedicated Chilled-Water System, Center for Genetics, College of Medicine, Chicago

(18) T h e president of the University, with the concurrence of the appropriate administrative officers, recommends the award of the following contracts, for a