Repository: UIHistories Project: Board of Trustees Minutes - 1984 [PAGE 78]

EXTRACTED TEXT FROM PAGE:

1982]

UNIVERSITY OF ILLINOIS

69

I n the course of discussion, it was pointed out that the external auditors have recommended that the Board of Trustees establish an audit committee. T h e trustees agreed that the administrative officers should present information on this matter in November, possibly for action at the meeting of January 1983. At this point, the Board of Trustees recessed to convene the meeting of the Finance Committee. BOARD OF TRUSTEES' MEETING RECONVENED T h e Board of Trustees' regular meeting reconvened at 11:25 a.m. President Stone introduced two candidates for the office of trustee in the November election who were attending the meeting as observers: Albert Logan and Lawrence Gougler, both of Chicago. H e noted as well that incumbent trustees William D . Forsyth, Jr., and George W. Howard I I I are seeking reelection. BUSINESS PRESENTED BY THE PRESIDENT OF THE UNIVERSITY President Ikenberry introduced observers from the campus and from the University Senates Conference. 1 H e also introduced Dr. George Kotte* mann, vice chairman of the Alumni Association. President Ikenberry noted that the periodic "Performance Report" of the University of Illinois Hospital was before the trustees for review and indicated that these reports would continue to be submitted. H e also called attention to a letter by Trustee Howard, sent to the chairman of the other public university governing boards in Illinois and written in his capacity as president of the State Universities Retirement System. T h e letter emphasized the serious underfunding over recent years of die retirement program and the extent to which there must be improvement if the State is to meet its obligations for the future. President's Reports President Ikenberry presented a report on selected topics of current interest, copies of which were distributed at die meeting, and a copy was filed with the secretary of the board. Report on Other Matters T h e president then made the following remarks: Our cup has been filled to the brim since the time of the last meeting of this board. One of the highlights was the annual meeting of the University of Illinois Foundation. Alumni and friends received a progress report on the $100 mitlioh Campaign for Illinois, which, as I am sure you know, has now passed the $80 million mark.

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1 University Senates Conference: Rose Ann Grandman, associate professor of mathematics in medicinal chemistry, Health Sciences Center: Urbana-Champaign Senate Council: Rollin G. Wright. fessor and head of the Department of Physical Education; University Center Senate: Richard Carlin, professor of chemistry; Health Sciences Center Senate: Dale R. Eisenmann, professor of histology.