Repository: UIHistories Project: Board of Trustees Minutes - 1962 [PAGE 1230]

EXTRACTED TEXT FROM PAGE:

1961]

UNIVERSITY OF ILLINOIS

1227

Sinking Funds Student Services Building as authorized by Board resolution dated May 17, 1961. Purchase $ 26 000 U. S. Treasury bills 9/21/61 $ 25 889 12 26 000 U. S. Treasury notes 3}4% 2/15/62 26 089 38 26 000 U. S. Treasury notes 3H% 8/15/62 26 065 00 Assembly Hall Revenue Bonds as authorized by Board resolutions dated June 23, 1959, and July 21, 1959. Sale $ 113 000 U. S. Treasury bonds 2%% 9/15/61 $ 113 264 84 Purchase $ 114 000 U. S. Treasury bills 9/21/61 $ 113 578 04 Housing Revenue Bonds Sinking Fund as authorized by Board resolutions dated December 17, 1958, June 23, 1959, October 21, 1959, and June 14, 1960. Purchase $ 247 000 U. S. Treasury bills 3/1/62 $ 243 842 17 Men's Residence Halls Revenue Bonds of 1957 as authorized by Board resolutions dated March 12, 1957, and November 18, 1959. Purchase $ 115 000 U. S. Treasury notes 3M% 2/15/62 $ 115 4 3 1 2 5 80 000 U. S. Treasury notes 3M% 8/15/62 80 225 00 Women's Residence Halls Revenue Bonds of 1956 as authorized by Board resolution dated September 18, 1956. Purchase $ 37 000 U. S. Treasury notes 3%% 8/15/62 $ 37 092 50 36 000 U. S. Treasury notes 2%% 2/15/63 35 752 50 10 000 U. S. Treasury bonds 2%% 8/15/63 9 859 38 Reserve for Additional 1952 Bonds as authorized by Board resolution dated December 16, 1953. Purchase $ 11 000 U. S. Treasury bonds 3%% 11/15/74 $ 10 972 50

CHICAGO

Dentistry-Medicine-Pharmacy Auxiliary Investments Purchase $ 60 000 U. S. Treasury bills 11/30/61 Laundry Operations Purchase 10/13/61 $ 7 000 U . S . Treasury bills 11/16/61 15 000 U . S . Treasury bills 12/14/61 15 000 U . S . Treasury bills 12/21/61 15 000 U. S. Treasury bills Beneficial Interest in Trust— City of Chicago Escrow Account Purchase $ 4 000 U. S. Treasury bills 10/13/61

$ $

59 647 80 6 14 14 14 959 75 906 35 913 55 914 20

$

3 980 89

M r . S w a i n presented the foregoing report, a n d on his motion the same w a s r e c e i v e d f o r r e c o r d . REPORT OF GIFTS A N D FUNDS RECEIVED FROM OUTSIDE SOURCES (17) Following is a report of gifts, grants, and contract funds received by the University from outside sources during the fiscal year July 1, 1960, through June 30, 1961. This report includes funds from private donors and funds received from governmental agencies and covers all payments received during the fiscal year. In many cases a period of several months elapses between the time an offer is received and accepted and final payment is made. In a number of cases, grants and gifts were previously reported to the Board when the offers were received, and likewise the Comptroller's monthly reports include numerous research contracts for which funds had not been received at