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 575]

Caption: Board of Trustees Minutes - 1970
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1969]

With Whom United States Office of Health, Education, and Welfare: OEC-3-6-051182-1634 OEG-O-9-231505-2006-725 United States Navy Nonr-398S(09) Total With Whom Aldridge Electric Company Total

UNIVERSITY OF I L L I N O I S

575

Amount to be Paid to the University

Purpose

Two-year program of string instruction Illinois resident clinical fellowship program Engineering properties of deep sea sediments

19 506 39 984 13 000 $1 058 484

Purpose Electrical installation work — Utilities Distribution System

Amount to be Paid by the University $ 5 624 $ 5 624

Summary

Amount to be paid to the University: Urbana-Champaign Amount to be paid by the University: Chicago Circle Urbana-Champaign Total $1 343 310 $ I 5 400 5 624 11 024

T h i s report was received for record. INVESTMENT R E P O R T F o r t h e M o n t h of May, 1969 R e p o r t of t h e Finance C o m m i t t e e (47) The Finance Committee reported the following changes in investments of endowment funds: Pool Purchase: $79 000 C I T Financial Corporation demand notes $ 79 000 00 R e p o r t of the C o m p t r o l l e r The Comptroller reported the following changes in investments of current and unexpended plant funds, which he has been authorized to make: Current Cleft Palate Gift Fund (Medical Center) Sale: 16 shares SMD Industries Funds

$

171 39

Restricted Group Sale: $1 000 000 Beneficial Finance notes due 5/23/69 Purchases: $1 000 000 Household Finance notes due 5/21/69 1 000 000 Beneficial Finance notes due 5/23/69 500 000 Cargill notes due 5/27/69 1 000 000 Commercial Credit l\i per cent notes due 6/4/69 872 000 International Harvester Credit 7.15 per cent notes due 6/4/69 1 000 000 American Tobacco notes due 6/27/69 1 000 000 Beneficial Finance notes due 10/3/69 500 000 Borg Warner notes due 10/3/69 500 000 John Deere credit notes due 10/3/69

Plant Florida Avenue Residence Halls Purchase: $290 000 U.S. Treasury bills due 8/14/69 Funds

996 576 39 997 996 498 1 000 872 993 969 486 486 427 375 086 000 000 750 791 406 406 08 00 81 00 00 00 67 25 25

285 929 47