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Caption: Board of Trustees Minutes - 1982
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504 BOARD OF TRUSTEES [March 18 propnatcd funds (i.e., from state appropriations to the University) and purchases from institutional funds. The latter term designates funds received by the 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 Funds Recommended From Institutional Funds Recommended Grand Total $ 122 005 76 1 135 946 16 $1 257 951 92 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. On motion of Dr. Donoghue, the purchases recommended were authorized by the following vote: Aye, Mrs. Day, Dr. Donoghue, Mr. Forsyth, Mr. Hahn, Mr. Howard, Mr. Madden, Mr. Neal, Mrs. Shepherd, Mr. Stone; no, none; absent, Governor Thompson. (The student advisory vote was: Aye, Mr. Bettenhausen, Mr. Persons; no, none; absent, Mr. Bandala.) Report of Purchases Approved by the Executive Vice President (23) 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, and a report of bids taken in behalf of the Capital Development Board. A copy of this report is filed with the secretary. This report was received for record. Comptroller's Monthly Report of Contracts Executed (24) The comptroller submitted the March 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. This report was received for record. Report of Investment Transactions through February 28,1982 (25) The comptroller presented the investment report as of February 28, 1982. Transactions under Finance Committee Guidelines Date Number Description Cost/Yield Amount Sale: 2/3 $ 448 000 Borg Warner Acceptance "A" demand notes $ 448 000 00 $ 448 000 00 Purchases: 1/28 $ 150 000 General Motors Acceptance demand notes 14.87% $ 150 000 00 2/3 454 000 Abbott Laboratories demand notes.. 15.05 454 000 00
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