Caption: Board of Trustees Minutes - 1972
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52 BOARD OF TRUSTEES [August 12 555 56 005 134 444 170 489 410 000 000 56 70 44 14 59 69 00 00 Piirch3.SGS * P&f Cant ?1 000 000 Motorola note due 8/5/70 8.24 $ 985 1 000 000 Chesapeake and Potomac of Maryland note due 8/17/70 8.19 983 321 105 25 Northern Trust Bank account 8/26/70 8.02 315 500 000 Cont. 111. Natl. Bank account 10/15/70 8.26 484 500 000 Gamble-Alden's Finance note due 11/17/70. . . 8.43 482 500 000 Toledo Edison note 12/18/70 8.60 479 1 000 000 Cont. 111. Natl. Bank 7 per cent C / D 1/4/71. . 8.20 993 1 000 000 U.S. Treasury 3% per cent bonds due 11/15/71 8.00 1 000 1 000 000 U.S. Treasury 8J^ per cent notes due 8/15/73 7.00 1 000 Trust Benefit Fund Purchase: ? 120 000 Fed. Natl. Mtg. Assn. note 3/12/71 7.78 113 Construction Funds Krannert Contributions Purchases: 5 20 000 Southern Pacific 8% per cent Equipment Trust certificates 4 / 1 / 7 6 240 000 Boise Cascade Home and Land 7 per cent note due 6/30/76 Illinois Street Air Conditioning Sale: % 273 000 U.S. Treasury bills 2/28/71 Navy Pier Escrow Sale: 5 87 000 U.S. Treasury bills 7/31/70 Sinking Revenue Sales: J 4 30 105 Bonds of 1952 000 U.S. Treasury 2 H per cent bonds 3/15/71 000 U.S. Treasury 4J^ per cent bonds 2/15/74 000 U.S. Treasury 3% per cent bonds 11/15/74. . . $ Funds 340 00 8.75 7.00 $ 20 000 00 240 000 00 ? 259 274 98 ? 86 365 85 3 852 50 26 531 25 89 775 00 Revenue Bonds of 1956 Purchase: ? 37 000 U.S. Treasury 6 per cent notes 5/15/75 7.96 $ 34 410 30 This report was received for record. DELEGATION O F S I G N A T U R E S (19) At each annual meeting the Board adopts a resolution authorizing the President and Secretary to delegate the signing of their names, as officers of the Board, to vouchers to be presented to the Auditor of Public Accounts and to warrants drawn on the Treasurer of the University, to certain designated administrative personnel. Because of a change in personnel, the resolution adopted by the Board at its annual meeting on March 18, 1970, should be amended to incorporate the following changes: T h e name of Lee J. Votava is added to and the name of Joseph S. Carlson is deleted from the list of personnel to whom the Secretary is authorized to delegate authority to sign his name as Secretary of the Board of Trustees to vouchers against the Auditor of Public Accounts and to warrants on the University Treasurer covering vouchers approved in accordance with the regulations of the Board. The Secretary requests that the Board approve the amendment indicated. On motion of Mr. Hahn, this recommendation was approved.
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