Repository: UIHistories Project: Board of Trustees Minutes - 1984 [PAGE 330]

EXTRACTED TEXT FROM PAGE:

1983]

UNIVERSITY OF ILLINOIS

321

Hahn, Mr. Howard, Mr. Madden, Mrs. Shepherd, Mr. Stone; no, none; absent, Mr. Logan, Governor Thompson. (The student advisory vote was: Aye, Mr. Bolen, Mr. Milkint; no, none.) Report of Purchases Approved by the Vice President for Business and Finance (40) 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, and a report of bids taken by the Illinois Educational Consortium for generic commodities. A copy of this report is filed with the secretary. This report was received for record. Comptroller's Monthly Report of Contracts Executed (41) T h e comptroller submitted the July 1983 report of contracts. T h e report included contractual agreements for payments to the University and contracts in amounts up to $25,000, 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 June 30,1983 (42) T h e comptroller presented the investment report as of June 30, 1983. Transactions under Finance Committee Guidelines Date Number Description Purchase: 6/14 $ 96 000 Associates demand notes Cost/Yield 9.15% $ Amount 96 000 00

Transactions under Comptroller's Authority Sales: 6/1 $ 6/1 6/22 6/22 6/22 6/28 6/29 5 000 Household Finance demand notes 7 shares Greyhound common stock. . . 20 000 General Motors Acceptance demand notes 100 000 U.S. Treasury bills due 6/30/83 900 000 U.S. Treasury bills due 7/14/83 135 000 U.S. Treasury bills due 7/7/83 600 000 U.S. Treasury bills due 7/7/83

5 000 00 $ 108 25 20 000 00 98 269 64 882 766 25 131 010 75 928 17

5 000 00 151 68 20 000 00 99 826 67 895 171 00 134 716 50 598 946 67

$

577 Purchases: 6/2 $2 000 000 U . S . Treasury bills due 9 / 1 5 / 8 3 . . . 6/6 150 000 U.S. Treasury bills due 1 0 / 6 / 8 3 . . . 6/8 17 000 Merrill Lynch demand notes 6/8 80 000 U . S . Treasury bills due 9 / 2 2 / 8 3 . . . 6/8 225 000 U.S. Treasury bills due 1 / 2 6 / 8 4 . . . 6/8 11 000 U.S. Treasury 10.50 percent notes due 11/15/92

8.50% $1 951 583 33 8.73 145 653 75 9.50 17 000 00 8.72 77 997 78 9.29 212 283 50 10.93 10 725 00