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 70]

Caption: Board of Trustees Minutes - 1984
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1982]

UNIVERSITY OF ILLINOIS

61

( T h e s t u d e n t a d v i s o r y v o t e w a s : A y e , M r . B a n d a l a , Miss F o r s y t h ; n o , n o n e ; absent, M r . Cobb.) Report of Purchases A p p r o v e d by the Executive Vice President (21) The executive vice president 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 report of bids taken in behalf of the Capital Development Board, and a report of bids taken by the Illinois Educational Consortium for generic commodities. A copy of 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 (22) T h e comptroller submitted the September 1982 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. 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 August 31,1982 (23) The comptroller presented the investment report as of August 3 1 , 1982. Transactions u n d e r Finance Committee G u i d e l i n e s Date Number Description Cost/Yield Sales : 8/10 1 600 shares Heublein common stock $ 46 528 00 $ 8/16 $ 699 000 Abbott Laboratories demand notes 699 000 00 Purchases: 8/10 $ 92 000 Texas Commerce Bancshares 11.64% $ 8/16 699 000 General Motors Acceptance demand notes 11.50 Transactions under Comptroller's Sales: 7/7 450 shares Millipore common stock $ 7/7 $1 000 000 U.S. Treasury bills due 8/5/82 7/7 1 000 000 U.S. Treasury bills due 8/12/82 7/7 500 000 U.S. Treasury bills due 9/16/82 7/9 1 600 000 U.S. Treasury bills due 9/16/82 1 7/16 15 000 Borg Warner Acceptance demand notes 7/19 800 000 U.S. Treasury bills due 9/30/82 7/22 130 000 U . S . Treasury bills due 10/7/82 7/27 600 000 U.S. Treasury bills due 9/30/82 Authority 8 718 75 $ 966 388 89 927 844 45 469 615 27 520 852 23 15 000 00 757 440 42 117 653 25 568 175 97 8 775 00 990 268 89 987 800 00 487 772 22 1 564 120 00 15 000 00 782 317 78 127 030 37 589 058 33 Amount 92 468 91 699 000 00 92 000 00 699 000 00