Repository: UIHistories Project: Board of Trustees Minutes - 1984 [PAGE 97]

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88

BOARD O F TRUSTEES

[November 18

EXECUTIVE SESSION President Paul Stone, referring to Section T w o of the Open Meetings Act, stated: "A motion is now in order to hold an executive session to consider information regarding the appointment, employment, or dismissal of employees or officers, and to discuss pending, probable, or imminent litigation against or on behalf of the University and to discuss die acquisition of real property." T h e motion was made by M r . Forsyth and approved unanimously. Report on Search Process, Chancellor of University of Illinois at Chicago President Ikenberry reported in some detail on the status of the search, with particular reference to various candidates being considered and to interviews with them now being scheduled in Chicago. Settlement Negotiations, Pavilion, University of Illinois at Chicago Mr. Costello, university counsel, advised the trustees that a settlement in the neighborhood of $150 to $200 thousand is a possibility in this matter and said that the trustees would be kept informed. Recovery of Funds Mr. Costello reported that the restoration of funds in the Parker matter appears imminent and that the indications are that the University and Foundation will make full recovery of the funds lost. A full report will be presented as soon as possible. M r . Costello commented that it was a possibility that in the settlement agreement, the University would be required not to disclose the amount of contribution by each party although it would be clear that the University would be in a position to announce that it had recovered all of the funds lost. EXECUTIVE SESSION ADJOURNED FOR MEETING OF THE BOARD AS A COMMITTEE OF THE WHOLE Mr. Stone announced that the executive session would be adjourned for a meeting of the Board as a Committee of the Whole. BOARD OF TRUSTEES' MEETING RECONVENED T h e Board of Trustees' regular meeting reconvened at 3:45 p.m. BUSINESS PRESENTED BY THE PRESIDENT OF THE UNIVERSITY President Ikenberry recognized and introduced observers from the campus senates and from the University Senates Conference. 1 H e also introduced

1 University Senates Conference: Alexander Ringer, professor of music, Urbana-Champaign campus; Chicago Campus Senates: Richard L. Carlin, professor of chemistry and Dale Eisenmann, professor and head of the Department of Histology; Urbana-Champaign Senate Council: Kenneth Andersen, professor of speech communication and associate dean of the College of Liberal Arts and Sciences.