Repository: UIHistories Project: Board of Trustees Minutes - 1962 [PAGE 109]

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BOARD OF TRUSTEES

[September 21

FORD FOUNDATION GRANT FOR DEVELOPMENT O F A TRAINING PROGRAM FOR SERVICE T O ILLINOIS COMMUNITIES (23) The Ford Foundation has approved a grant of $125,000 to the University of Illinois for a project to help define the University's role in meeting urban problems and to develop a training program for service to Illinois' vapidly urbanizing communities. Under the project, three specific activities will be undertaken: (1) examination of uew ways in which the University might serve the state's urban areas; (2) training of a small corps of "urban generalists" competent in a variety of fields that touch on urban life; and (3) direct University assistance to several selected Illinois communities, each of which will have a staff member assigned to the study of its problems. The staff for this project will be chosen from a variety of disciplines and will represent the University's principal research institutes and divisions. The grant has been accepted with an appropriate expression of appreciation on behalf of the Board of Trustees and other University officials and is being reported for official record. There has been established in the Office of the Provost the Office of Community Development to administer the program of urban development to be financed by this grant. Professor L. B. Wetmore, Head of the Department of City Planning and Landscape Architecture, will serve as Acting Director of the Office of Community Development for the academic year 1960-61.' The principal task of this office during the year will be the selection of a permanent director, planning the program to be conducted during the biennium of 1961-63, and developing recommendations for the organizational relationships between the Office of Community Development and other University agencies.

On motion ot Mr. Swam, this report was received for record, and the action taken was confirmed,

SALE OF SECURITIES (24) Adoption of the following resolution authorizing the sale of securities representing investments of University trust funds is requested with the concurrence of the Finance Committee: WHEREAS, The Board of Trustees of the University of Illinois is the owner of the following stocks: 340 shares All is-Chalmers common stock 18 American Smelting and Refining 7 per cent preferred 22 American Tobacco 6 per cent preferred 300 Kimberly Clark common 100 Minneapolis-Honeywell common 600 Southern Natural Gas common 4 Standard Oil Company of New Jersey common IS United States Steel 7 per cent preferred, and WHEREAS, the Finance Committee of said Board has determined that it is advantageous to sell the above listed securities. Now, Therefore, Be H Resolved by The Board of Trustees of the University of Illinois that these securities be sold and that H. O. Farber, Comptroller, awl A. J. Janata, Secretary, be authorized to execute all documents necessary to complete such sale.

On motion of Mr. Swain, the foregoing resolution was adopted.

PURCHASES Purchases Authorized (25) The following purchases were authorized by the President's Office on the recommendation of the Director of Purchases and the Vice-President and Cumr> troller. Unless otherwise specified, the purchase was recommended on the basis of the lowest acceptable bid.

1 Other members of the Executive Committee for the Office will be: Associate Directs J. B. Claar of the Extension Service in Agriculture and Home Economics; Dean Startler ( Robinson of the Division of University Extension; Director R. G. Seymour of the E*«°: tive Development Center; and Director G. Y. Steiner of the Institute of Government and Public Affairs.