UIHistories Project: A History of the University of Illinois by Kalev Leetaru
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Repository: UIHistories Project: Board of Trustees Minutes - 1984 [PAGE 283]

Caption: Board of Trustees Minutes - 1984
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274

BOARD OF TRUSTEES

[June 16

(The student advisory vote was: Aye, Mr. Bandala, Mr. Cobb; no, none; absent, Miss Forsyth.)

Report of Purchases Approved by the Vice President for Business and Finance (37) T h e vice president for business and finance also submitted a report of purchases approved by him on recommendation of the directors of purchases in amounts of $20,000 to $25,000. A copy ol this report is filed with the secretary. T h i s r e p o r t w a s r e c e i v e d for r e c o r d . Comptroller's Monthly Report of Contracts Executed (38) T h e comptroller submitted the June 1983 report of contracts. T h e report included contractual agreements fcr payments to the University and contracts in amounts up to $25,COO, 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 May 31,1983 (39) T h e comptroller presented the investment report as of May 31, 1983. Transactions under Finance Committee Guidelines Date Sales: 5/11 4 5/11 7 5/11 3 5/11 2 Number 700 200 403 000 shares shares shares shares Description Avon common stock $ Beatrice common stock H & R Block common stock. . May Department Stores common stock Monsanto common stock National Medical Enterprises common stock Signal common stock Associates demand notes Caterpillar Tractor demand notes Household Merchandising demand notes Household Merchandising demand notes Cost/Yield 164 871 00 $ 147 049 50 116 734 50 84 060 00 54 580 00 142 566 33 124 540 84 26 000 00 603 000 00 369 000 00 000 00 8.93% $ 8.33 8.33 10.16 8.47 Amount 147 081 58 194 717 49 131 473 60 10D 836 33 88 667 04 185 031 68 179 274 00 26 000 00 603 000 00 369 000 00 21 000 00 493 000 00 278 000 00 265 000 00 997 830 00 21 000 00

5/11 1 000 shares 5/11 6 325 shares 5/11 6 000 shares 5/16 $ 26 000 5/16 603 000 5/16 5/20 369 000 21 000

21 Purchases: 5/11 $ 493 000 Caterpillar Tractor demand n o t e s . . . 5/11 278 000 Household Finance Corporation dcmjnd notes 5/11 265 000 Household Merchandising demand notes 5/16 1 000 000 U S Trea ; uiy IO'/Q percent notes due 5/15/93 5/20 21 000 Household Finance Corporation demand notes

Transactions under Comptroller's Authority Sales: 4/28 $ 5/9 9 000 Associates demand notes 206 000 Associates demand notes $ 9 000 00 $ 206 000 00 9 000 00 206 000 00