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Caption: Board of Trustees Minutes - 1982
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528 BOARD OF TRUSTEES [April 15 O n motion of Mr. M a d d e n , the purchases recommended were authorized by the following vote: Aye, Dr. Donoghue, M r . Forsyth, Mr. H a h n , Mr. Howard, Mr. Madden, Mrs. Shepherd, M r . Stone; no, none; absent, Mrs. Day, M r . Neal, Governor Thompson. ( T h e student advisory vote w a s : Aye, Mr. Bandala, Mr. Bettenhausen, M r . Persons; no, none.) 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. 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 April 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 March 31,1982 (25) The comptroller presented the investment report as of March 31, 1982. Transactions under Finance Committee Guidelines Date Number Description Cost/Yield Purchase: 3 / 1 5 $ 188 000 General Motors Acceptance demand notes 14.07% $ Transactions under Comptroller's Authority Associates demand notes.. $ 134 U.S. Treasury bills due 5/20/82 1 922 3/2 1 000 000 U.S. Treasury bills due 7/1/82 943 3/10 12 000 Abbott Laboratories demand notes 12 3/23 75 000 U.S. Treasury bills due 8/12/82 70 3/24 325 000 U.S. Treasury bills due 8/12/82 306 Repurchase Agreements: 3/5 $2 000 000 Government National Mortgage Association Pool No. 53773, 15 percent notes due 2/15/12 and 1 996 839 72 Government National Mortgage Association Pool No. 46763, 11W percent notes due 8/15/11 for three days at 14V6 percent and for one day at 13% percent with Lehman Brothers Sales: 2/18 $ 134 000 3/2 2 000 000 000 00 $ 844 44 876 67 000 00 704 27 385 18 134 000 00 1 946 016 67 958 053 33 12 000 00 71 242 92 308 643 02 Amount 188 000 00 14.28% $3 500 000 00
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