Repository: UIHistories Project: Board of Trustees Minutes - 1984 [PAGE 174]

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1983]

UNIVERSITY OF ILLINOIS

165

business and finance have recommended that the University terminate the leases and acquire the properties from the foundation at the following unamortized costs of the foundation as of March 1, 1983,' adjusted for any amounts paid or due as of March 1, 1983: Belvidere Mt. Morris Rockton Total $235 239 388 $863 814 801 098 714 66 56 30 52

Medical Service Plan (MSP) funds are available in the operating budget of the College of Medicine. The use of MSP funds for this purpose has been approved by the participants in the plan. I concur in this recommendation. O n m o t i o n of Miss Forsyth, this r e c o m m e n d a t i o n w a s approved by the following v o t e : Aye, Mrs. D a y , D r . D o n o g h u e , M r . Forsyth, Mr. H a h n , M r . H o w a r d , M r . L o g a n , Mr. M a d d e n , M r . S t o n e ; n o , n o n e ; absent, Mrs. S h e p h e r d , Governor T h o m p s o n . ( T h e student advisory v o t e w a s : A y e , M r . Bandala, M i s s Forsyth; n o , n o n e ; absent, M r . C o b b . )

Purchases

(19) The president submitted, with his concurrence, a list of purchases recommended by the directors of purchases and the acting vice president for business and finance. The list of purchases was presented in two categories: purchases from appropriated funds (i.e., from State appropriations to the University) and purchases from institutional funds. The latter term designates funds received by the University under contracts with the United States government, private corporations, and other organizations; 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 $4 533 521 98 $4 632 634 98 99 113 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 Miss Forsyth, the purchases recommended were authorized by the following vote: Aye, Mrs. Day, Dr. Donoghue, Mr. Forsyth, Mr. Hahn, Mr. Howard, Mr. Logan, Mr. Madden, Mr. Stone; no, none; absent, Mrs. Shepherd, Governor Thompson. (The student advisory vote was: Aye, Mr. Bandala, Miss Forsyth; no, none; absent, Mr. Cobb.)

1 The board approved the acquisition of these centers in November 1979. Acquisition was deferred at that ume at the request of the College of Medicine pending stabilization of the MSP cash How.