Repository: UIHistories Project: Board of Trustees Minutes - 1946 [PAGE 460]

EXTRACTED TEXT FROM PAGE:

1945]

UNIVERSITY OF ILLINOIS

457

Reports from the Committee explaining in further detail the reasons for these expenditures are submitted herewith. I concur in the recommendations. On motion of Mr. Williamson, these appropriations were made as recommended, by the following vote:' Aye, Mr. Davis, Mr. Fornof, Mrs. Grigsby, Mr. Livingston, Mr. McKelvey, Mr. Nickell, Mr. Williamson; no, none; absent, Mr. Green, Dr. Luken, Mr. McLaughlin, Dr. Meyer.

SPECIAL EXPENDITURES O F PHYSICAL PLANT DEPARTMENT

( u ) The Director of the Physical Plant Department requests approval for the following items of special expenditure: 1. Tree-moving machine, from W. L. Jeffrey, Knoxville, Illinois. Quoted price, $4,800. 2. Additional tank for plant water treatment, from Permutit Company, Chicago, Illinois. Quoted price, $7,125. The need and use of this equipment are set forth in special memoranda submitted with this recommendation. The items are available only from the sources mentioned, and quotations have been secured by the Purchasing Agent. Expenditures of this kind normally would be the subject of special appropriations, but in the current year balances are available in the regular operation and maintenance appropriation of the Physical Plant Department due to lack of men and material for regular work. These purchases will be a material advantage in the future work of the department. I recommend approval. On motion of Mr. Nickell, these purchases were authorized as recommended.

ORDERS FOR CHANGES IN SECURITIES

(12) Under the rules of the Board, orders to the First National Bank of Chicago for changes in securities as authorized by the Board or the Finance Committee are to be signed by the Comptroller and the Secretary. The Board has previously approved certain deputies to act for these officers. Because of changes in the Business Office, new designations are needed. The Board is asked to adopt the following resolution: Whereas, under the rules of the Board of Trustees, orders for the purchase and sale of securities representing investments of endowment funds, addressed to the First National Bank of Chicago as safekeeping agent and investment counsel, are signed by the Comptroller and the Secretary of the Board; and Whereas, it is desirable that deputies be appointed to act for these officers in emergency and during their absence; Therefore, be it resolved, that H. E. Cunningham, Secretary of the Board of Trustees, is authorized to delegate to Anna L. Neuber and Maude Archdeacon authority to sign his name to orders for the purchase and sale of securities as approved by this Board or by its committees acting under due authority; and that Lloyd Morey, Comptroller, is authorized to delegate to C. A. Webber and C. H. Pratt authority to sign his name to such orders under the same circumstances. On motion of Mr. Williamson, this resolution was adopted as recommended.

PURCHASES AUTHORIZED

(13) The following purchases were recommended by the Purchasing Agent and authorized by the Comptroller. Unless otherwise specified the purchases were wade on the basis of low bids, ceiling prices, or because the items are noncompetitive. Emergency action was necessary to secure delivery in time to meet specific needs or because prices quoted were subject to immediate acceptance. 1. Auxiliary equipment for Model 12-B infrared spectrometer, for the Department of Chemistry, from the Perkin-Elmer Corporation, Glenbrook, Connecticut, at a cost of $1,000 f.o.b. Glenbrook.