UIHistories Project: A History of the University of Illinois by Kalev Leetaru
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Repository: UIHistories Project: Board of Trustees Minutes - 1970 [PAGE 376]

Caption: Board of Trustees Minutes - 1970
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376

BOARD OF TRUSTEES

[April 9

Illini Union and Health Center Purchases * $125 000 U.S. Treasury bills due 3/27/69 315 000 U.S. Treasury bills due 8/31/69 128 000 U.S. Treasury 6H per cent notes due 5/15/70 Men's Residence Halls of 1957 Purchases * $196 000 U.S. Treasury bills due 3/24/69 145 000 U.S. Treasury 6}i per cent notes due 5/15/70 Revenue Bonds of 1956 Purcniiscs" $8 000 U.S. Treasury bills due 3/24/69 8 000 U.S. Treasury 6% per cent notes due 5/15/70 Student Services Building Purchase: $19 000 U.S. Treasury bills due 3/24/69 Union (Chicago Circle) Purchase: $352 000 U.S. Treasury bills due 3/20/69 Women's Residence Halls Purchases * $30 000 U!S. Treasury bills due 3/24/69 2 000 U.S. Treasury 6% per cent notes due 5/15/70 T h i s r e p o r t w a s received for record.

124 365 SO 304 820 08 127 936 00

194 993 87 144 927 50

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18 921 31

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COMMUNICATION FROM THE UNIVERSITY OF SIERRA LEONE (26) The Secretary reports receipt of a communication from the University of Sierra Leone expressing appreciation for assistance provided by the University of Illinois and announcing the conferring of an honorary degree upon the President of the University. Since 1963, under contract with the United States Agency for International Development, the University has aided in the development of the University of Sierra Leone through the provision of technical assistance and educational services. During the course of this relationship, some forty-five members of the faculty have served in Sierra Leone on the project. Approximately fifteen citizens of Sierra Leone have come here to pursue further education. On February 12, 1969, on the occasion of the First Congregation of the University of Sierra Leone and the installation of Sir Samuel Bankole Jones as Chancellor of the University, Vice Chancellor Matturi said, "Our thanks also go to the United States Government and The Board of Trustees of the University of Illinois for the parts they have played in nurturing what may be described as a 'precocious infant' in this University partnership." The ceremony also included the granting of honorary degrees, including the degree Doctor of Civil Law honoris causa to President Henry, in absentia, for his "contribution to scholarship, and the keen interest you have shown in the development of Njala University College" (one of the two colleges which constitute the University of Sierra Leone). T h i s report w a s received for record. SALE OF PROPERTY (27) The University of Illinois received as a part of the bequest of Mr. Guy M. Beckwith a farm located in Will County, Illinois. The farm includes approximately ninety-eight acres. The bequest was "to be used towards building residence halls for students and said residence halls will be called 'Beckwith Hall' or 'Beckwith Residence Hall' to be located at Urbana-Champaign, Illinois." Sealed bids were received for this property on April 7. The best bid received was from Herman J. Wilhelmi and La Verne S. Brown in the amount of $105,000.