Repository: UIHistories Project: Board of Trustees Minutes - 1974 Version B [PAGE 380]

EXTRACTED TEXT FROM PAGE:

372

BOARD OF TRUSTEES

[September 12

DMP 1951 Bonds (Medical Center) Pure h 2L S€S * $50 000 U.S. Treasury bills due 5/10/73 50 000 U.S. Treasury bills due 6/28/73 Krannert Contributions Sale: $34 000 Commercial Credit demand notes Purchases \ $ 42 000 C I T Financial demand notes 21 000 C I T Financial demand notes 23 000 Household Finance demand notes 1 550 000 Avco Financial Services 7 % per cent notes due 6/30/76 Assembly Hall Sinking Funds Purchase: $30 000 U.S. Treasury 7 H per cent notes due 8/15/76 Bond and Interest (Chicago Circle) Purchases: $65 000 U.S. Treasury bills due 3/12/74 10 000 U.S. Treasury bills due 5/7/74 1964 Bonds (Medical Center) Purchases: $85 000 U.S. Treasury bills due 5/7/74 10 000 U.S. Treasury bills due 5/7/74 60 000 U.S. Treasury bills due 5/24/73 Housing Revenue Bonds Purchase: $48 000 U.S. Treasury 5SA per cent notes due 8/15/74 Men's Residence Halls 1957 Purchase: $60 000 U.S. Treasury bills due 9/27/73 Revenue Bonds 1956 Purchases: $14 000 U.S. Treasury S% per cent notes due 8/15/74 5 000 U.S. Treasury 5% per cent notes due 8/15/74. . . . Student Services Building Purchase: $20 000 U.S. Treasury 5% per cent notes due 2/15/75

5.05 5.49

$

49 708 66 49 614 11

$ 6.85 7.66 6.98 7.63 $

34 000 00 42 000 00 21 000 00 23 000 00 1 5 5 0 000 00

Per Cent 6.62 $

30 753 00

6.47 6.82

$

61 474 00 9 401 56

7.14 6.99 3.24

$

79 675 93 9 416 90 59 893 96

6.63

$

47 340 00

6.30

$

58 615 33

6.44 6.59

$

13 844 38 4 934 38

6.62

$

19 692 50

This report was received for record.

P R E S I D E N T ' S R E P O R T ON A C T I O N S O F T H E S E N A T E S C o n v e r s i o n of M a s t e r of F i n e A r t s in D e s i g n , M a s t e r of F i n e A r t s in P a i n t i n g a n d P r i n t m a k i n g , a n d M a s t e r of F i n e A r t s in S c u l p t u r e t o t h e M a s t e r of F i n e A r t s in A r t a n d D e s i g n , U r b a n a (39) T h e Urbana-Champaign Senate has approved a recommendation from the College of Fine and Applied Arts that the three graduate studio programs offered by the Department of Art and Design: the Master of Fine Arts in Design, the Master of Fine A r t s in Painting and Printmaking, and the Master of Fine A r t s in Sculpture, be converted into one program, the Master of Fine A r t s in Art and Design. Under the proposal, specific course requirements for each of the present M.F.A. degrees are replaced by a single basic pattern of requirements. Although as much specialization is possible under the new degree as was formerly possible, the new requirements encourage flexibility and new combinations of studies.