Repository: UIHistories Project: Board of Trustees Minutes - 1970 [PAGE 290]

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290

BOARD OF TRUSTEES

[February 19

Restricted Group Purchases: $700 000 00 Beneficial Finance notes due 5/2/69 500 000 00 Federated National Mortgage Association notes due 5/5/69 300 000 00 Federated National Mortgage Association notes due 5/6/69 925 685 19 Irving Trust Company bankers acceptance due 5/29/69, endorsed by The Northern Trust Assembly Hall Construction Funds Sale: $ 16 000 U.S. Treasury bills due 5/31/69 Purchase: $240 000 U.S. Treasury bills due 5/31/69 Dentistry-Medicine-Pharmacy Auxiliary (Medical Center) Purchase: $429 000 U.S. Treasury 5f| per cent notes due 5/15/69 Florida Avenue Residence Halls Sale: $ 22 000 U.S. Treasury bills due 4/30/69 Purchase: $836 000 U.S. Treasury bills due 5/31/69 Krannert Contributions Piirchnscs * $285 500 Cargill S% per cent notes due 6/30/76 4 000 Federal Land Banks 5}i per cent bonds due 7/20/76 Orchard Apartments Sale: $ 40 000 U.S. Treasury bills due 1/30/69 Union (Chicago Circle) ^ Purchase: $503 000 U.S. Treasury bills due 3/20/69 This report was received for record.

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TRANSMITTAL OF URBANA SENATE'S RECOMMENDATIONS CONCERNING PENDING COURT ACTIONS AND COMMENTS FROM T H E PRESIDENT OF THE UNIVERSITY

T h e following recommendations of the Urbana Senate Council were presented to the Trustees as well as the following statement from the President of the University: Recommendations of Urbana Senate Council On December 27, 1968, the following recommendations were made to the Chancellor by the Urbana Senate Council with regard to court proceedings concerning students arrested during the incident of September 9: 1. Those believed on the basis of evidence available to the University's judicial system (a) to be guilty of acts of such severity that it would be reasonable to suppose that criminal prosecution would follow, or (b) to be guilty of acts of such a nature that the only punishment meted out was a reprimand, but with regard to whom it is reasonably believed that evidence would be made available by lawful means to support criminal prosecution for unlawful acts. We recommend that representatives of the University cooperate with the State's Attorney's office in effecting a speedy disposition of these cases.