Repository: UIHistories Project: Board of Trustees Minutes - 1964 [PAGE 295]

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BOARD OF TRUSTEES

[November 9

Men's Residence Halls of 1957 (March 12, 1957, and November 18, 1959) Purchase £120 000 U. S. Treasury bills 9/21/62 $ 119 734 43 57 000 U. S. Treasury certificates 3% per cent 2/15/63 57 148 60 118 000 U. S. Treasury bonds 2Yi 8/15/63 117 225 63 30 000 U. S. Treasury bonds 3 2/15/64 29 878 13 Housing Revenue Bonds (December 17, 1958, June 23, 1959, October 21, 1959 June 14, 1960, June 21, 1961, and May 24, 1962) Sale U S. Treasury bills 2/7/63 $ 91 000 90 031 76 Purchase 9/20/62 U. S. Treasury bills £454 000 452 886 72 U. S. Treasury bills 9/21/62 39 000 38 757 81 U. S. Treasury bills 2/7/63 518 000 510 808 44 U. S. Treasury notes 3J^ per cent 2/15/63 39 000 39 060 94 U. S. Treasury bonds 8/15/63 35 500 35 267 03 2lA Assembly Hall (June 23, 1959, and March 17, 1962) Purchase 9/21/62 $ 23 723 17 $ 24 000 U. S. Treasury bills Illini Union and Health Center (December 21, 1960) Purchase 9/21/62 $ 155 486 79 3157 000 U. S. Treasury bills Student Services (May 17, 1961) PurchssG $ 27 000 U. S. Treasury bills 9/21/62 $ 26 932 29 O n m o t i o n of M r . W i l l i a m s o n , t h e C o m m i t t e e ' s a c t i o n s w e r e confirmed, and the r e p o r t w a s received for record. EXTENSION OF CONTRACT WITH THE ATOMIC ENERGY COMMISSION (16) On April 1, 1961, a contract was entered into with the Atomic Energy Commission for a research program, "Studies of Pattern Recognition and Data Handling Problems Arising in the Analysis of Bubble Chamber Photographs of High Energy Particle Events." The research work has been conducted in the Digital Computer Laboratory. The original contract was for an eight-month period, and provided payments to the University not to exceed $99,743. Subsequently, the contract was amended to provide additional funds of $223,034 for continuation of the research program through November 30, 1962. A proposal has now been prepared requesting a total of $978,109 of additional funds for a two-year period beginning December 1, 1962. The amended contract will provide for the purchase of equipment at an estimated total cost of $558,940, which is required for assembling auxiliary units for the Digital Computer. This proposal has been approved by all recommending officers in the Digital Computer Laboratory, the Graduate College, and by the Vice-President and Comptroller. Because of the amount of funds being requested, including funds for capital expenditures, approval must also be secured from the Illinois Board of Higher Education. O n m o t i o n of M r . S w a i n , t h i s p r o p o s a l w a s a u t h o r i z e d . ASSOCIATION OF GOVERNING BOARDS OF STATE UNIVERSITIES AND ALLIED INSTITUTIONS

Mrs. Frances B. Watkins and Mr. A. J. Janata reported informally on the annual meeting of the Association of Governing Boards of State Universities and Allied Institutions at the University of Michigan, October 9-13, 1962, which they attended as official delegates of the Board of Trustees of the University of Illinois.