Repository: UIHistories Project: Board of Trustees Minutes - 1984 [PAGE 584]

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1984]

Date 4/4 4/6 4/10 4/10 4/10 4/11 4/12 4/13 4/16 4/19 4/19 4/19 4/20 4/20 4/20 4/26 4/27 4/27 4/28 4/30 Number $1 000 000 1 000 000 347 000 15 000 50 000 37 000 200 000 1 300 000 3 000 000

UNIVERSITY OF ILLINOIS

575

Description Cost/Yield Amount U.S. Treasury bills due 5/31/84 9.46%$ 985 243 33 U.S. Treasury bills due 6/21/84 9.64 980 050 00 Merrill Lynch demand notes 10.30 347 000 00 U.S. Treasury bills due 9/27/84 8.93 14 393 46 U.S. Treasury bills due 3/21/85 11.59 45 000 00 Merrill Lynch demand notes 10.30 37 000 00 U.S. Treasury bills due 6/21/84 9.64 196 32111 U.S. Treasury bills due 6/21/84 9.72 1 276 229 50 Continental Bank 10.50% time deposit due 8/22/84 10.50 3 000 000 00 155 000 U.S. Treasury bills due 6/21/84 9.53 152 455 68 250 000 U.S. Treasury bills due 7/12/84 9.88 244 365 00 500 000 U.S. Treasury bills due 8/16/84 9.94 484 083 75 200 000 Eli Lilly demand notes 10.80 200 000 00 200 000 General Motors Acceptance Corporation demand notes 10.61 200 000 00 200 000 Merrill Lynch demand notes 10.45 200 000 00 100 000 U.S. Treasury bills due 6/28/84 9.47 98 395 25 2 000 000 First National Bank of Chicago 10.65% certificate of deposit due 9/4/84 10.65 2 000 000 00 700 000 U.S. Treasury bills due 7/26/84 9.79 683 270 00 456 000 Household Finance demand notes... 10.53 456 000 00 275 000 U.S. Treasury bills due 7/12/84 9.26 269 713 58 On motion of Mr. Howard, this report was approved as presented. SECRETARY'S REPORT

The secretary presented for record appointments to the faculty and changes of status made by the president, resignations, leaves of absence, and retirements. A copy of the report is filed with the secretary. BOARD OF TRUSTEES' RETREAT President Forsyth suggested the desirability of considering another "retreat" meeting of the board, University officers, faculty, and others. Such meetings, typically covering one or two days, have been scheduled in the last few years, devoted to overall University problems and planning. President Ikenberry indicated that he and the staff would study the matter, with an eye to date and location as well as to subject matter, and report as soon as convenient. ANNOUNCEMENTS FROM THE PRESIDENT OF THE BOARD President Forsyth called attention to the schedule of meetings for the next months: June 21, Urbana-Champaign; July 19, Chicago (a one-day meeting) ; September 20, Peoria. There being no further business, the board adjourned.

EARL W. PORTER WILLIAM D. F O R S Y T H , J R .

Secretary

President