Caption: Board of Trustees Minutes - 1984
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1984] UNIVERSITY OF ILLINOIS 573- Purchases (20) The president submitted, with his concurrence, a list of purchases recommended by the directors of purchases and the 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 Recommendsd Grand Total Funds $ Funds 3 882 369 56 $4~2~47 748 19 365 378 63 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 Mr. Howard, the purchases recommended were authorized by the following vote: Aye, Mrs. Day, Dr. Donoghue, Mr. Forsyth, Mr. Hahn, Mr. Howard, Mr. Logan, Mr. Madden, Mrs. Shepherd, Mr. Stone; no, none; absent, Governor Thompson. (The student advisory vote was: Aye, Mr. Bolen, Mr. Milkint; no, none.) Comptroller's Monthly Report of Contracts Executed (21) T h e comptroller submitted the May 1984 report of contracts. The 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. Quarterly Report of the Comptroller (22) T h e comptroller presented his quarterly report as of March 31, 1984. A copy has been filed with the secretary of the board. 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 . Report of Investment Transactions through April 30,1984 (23) T h e comptroller presented the investment report as of April 30, 1984. T r a n s a c t i o n s u n d e r Finance a n d Audit C o m m i t t e e G u i d e l i n e s Date Number Description Cost/Yield Sales: 4/6 $ 16 000 Associates demand notes $ 16 000 00 $ 4/9 3 000 shares Interpublic common s t o c k . . . 72 870 00 4/9 1 500 shares Digital Equipment common stock 105 124 60 4/10 1 600 shares Digital Equipment common stock 112 132 90 Amount 16 000 00 85 197 15 135 242 98 143 993 59^
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