Caption: Board of Trustees Minutes - 1982
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340 BOARD OF TRUSTEES [July 16 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 Recommended Grand Total Funds $ Funds 4 125 503 82 $4 436 171 11 310 667 29 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, and a copy is being filed with the secretary of the board for record. O n m o t i o n of M r . F o r s y t h , t h e p u r c h a s e s r e c o m m e n d e d w e r e a u t h o rized b y t h e following v o t e : Aye, M r s . D a y , D r . D o n o g h u e , M r . F o r s y t h , Mr. H a h n , Mr. Howard, Mr. Madden, Mrs. Shepherd, Mr. Stone; no, n o n e ; absent, M r . Neal, Governor T h o m p s o n . ( T h e s t u d e n t advisory v o t e w a s : A y e , M r . B a n d a l a , M r . B e t t e n h a u s e n , M r . Persons; no, none.) Report of Purchases Approved by the Executive Vice President (34) 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 (35) The comptroller submitted the July 1981 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 June 30,1981 (36) The comptroller presented the investment report as of June 30, 1981. Transactions u n d e r Finance C o m m i t t e e G u i d e l i n e s Date Sale: 6/1 Number $ Description Cost/Yield 9 000 00 $ Amount 9 000 00 9 000 00 J. P. Morgan demand notes $ Purchase: 6/1 $ 9 000 00 General Motors Acceptance demand notes 16.69% $ Transactions u n d e r Comptroller's Authority 9 000 00 Sales: 4/30 $ 500 000 00 U.S. Treasury bills due 7/9/81 $484 180 55 $ 485 902 78
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