Repository: UIHistories Project: Board of Trustees Minutes - 1982 [PAGE 370]

EXTRACTED TEXT FROM PAGE:

1981]

UNIVERSITY OF ILLINOIS

359

board of directors of the Athletic Association be authorized to make such changes and adjustments, including approval of new appointments and acceptance of resignations, as are necessary within the total income and surplus of the association, provided that: appointments to the positions of director, head football coach, head basketball coach, as well as the assignment of funds for new projects or nonrecurring capital expenditures in excess of $25,000 shall be presented to the Board of Trustees for approval. O n m o t i o n of M r . H o w a r d , this r e c o m m e n d a t i o n w a s a p p r o v e d a n d a u t h o r i t y w a s given as r e c o m m e n d e d b y t h e following v o t e : Aye, M r s . Day, M r . Forsyth, M r . H a h n , M r . H o w a r d , M r . M a d d e n , M r . Neal, M r s . Shepherd, M r . Stone; no, n o n e ; absent, Dr. D o n o g h u e , Governor T h o m p son. ( 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 : Aye, M r . B a n d a l a , M r . B e t t e n hausen, M r . Persons; no, none.) By consensus, t h e b o a r d a g r e e d t h a t o n e v o t e w o u l d b e t a k e n a n d c o n s i d e r e d t h e v o t e o n e a c h a g e n d a i t e m nos. 8 t h r o u g h 28 inclusive. T h e r e c o m m e n d a t i o n s w e r e i n d i v i d u a l l y discussed b u t a c t e d u p o n a t o n e t i m e . ( T h e r e c o r d of b o a r d a c t i o n a p p e a r s a t t h e e n d of e a c h i t e m . )

Amendment of Bylaws, Athletic Association of the University of Illinois at Urbana-Champaign

(8) The bylaws of the Athletic Association of the University of Illinois at UrbanaChampaign require that the assignment of funds in excess of $12,500 not included in the annual budget for new projects or nonrecurring capital expenditures shall be approved by the association's board of directors and transmitted to the Board of Trustees for approval. The trustees on March 19, 1981, increased the dollar limits on purchases, leases, and contracts requiring specific board authorization to $25,000. In view of this, and in recognition of the effect of inflation on costs, the board of directors of the Athletic Association on July 25, 1981. approved the adoption of the following amendment, subject to further action by the Board of Trustees. 1 A R T I C L E V I I , S E C T I O N 1(b) Assignment of funds not included in the annual budget for new projects or nonrecurring capital expenditures in excess of [$12,500] $25,000 shall be approved by the Board and transmitted to the Chancellor/President/ Trustees for consideration and approval. The Chancellor at the Urbana-Champaign campus has recommended approval of the amendment. I concur. O n m o t i o n of M r . N e a l , tins r e c o m m e n d a t i o n a n d t h e p r o p o s e d r e vision of A r t i c l e V I I , S e c t i o n 1, of t h e A t h l e t i c Association bylaws w e r e approved.

Award of Certified Public Accountant Certificates

(9) The Committee on Accountancy recommends that the certificate of certified public accountant be awarded to 1,303 candidates who passed the standard written examination given in May 1981 in Illinois and who have fulfilled all other legal requirements under Sections 1, 2, and 3 of the Illinois Accountancy Act of 1943, as amended.

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New material is in italics; deleted material is in brackets.