Repository: UIHistories Project: Board of Trustees Minutes - 1976 [PAGE 418]

EXTRACTED TEXT FROM PAGE:

1975]

UNIVERSITY OF ILLINOIS

407

Yield Security (Percent) Amount SI 192 094 26 GNMA Pool #5983 8ft percent due 3/15/05 for 12 days 6.13 $1002 04167 7/22 600 000 GNMA Pool #4861 9 percent due 2/15/05 until nonce 6.13 600 000 00 7/24 498 107 99 GNMA Pool #4571 9 percent due 12/15/04 for 6 days 6.25 500 520 83 7/25 500 000 GNMA Pool #6338 8 percent due 6/15/05 for 6 days 6.38 500 5 3 1 2 5 7/29 1 000 000 GNMA Pool #6229 7«4 percent due 3/15/05fori day 6.13 1 0 0 0 170 14 7/31 500 000 GNMA Pool #6452 8 percent due 7/15/05 until notice 6.13 500 000 00 Purchases: 6/3 $1 000 000 Chase Manhattan 5% percent C / D due 10/20/75 6.00 $ 999 009 56 6/4 15 000 U S T bills due 9/18/75 4.57 14 797 00 6/4 1 000 000 First Nat'l. Citibank 6.30 percent C/D due 7/7/75 dtd 3/27/75 5.35 1 000 807 66 6/5 1 000 000 CINB5% percentT/Ddue 7/15/75 5.38 1 000 000 00 6/9 300 000 CINB 5J^ percent T / D due 7/15/75 5.13 300 000 00 6/16 1 000 000 NCNB 5.55 percent C / D due 8/18/75 5.55 1 000 000 00 6/23 1 0 0 0 000 FNB-C 6 percent C / D due 9/22/75. . 6.00 1 0 0 0 000 00 6/26 120 000 USTbills due 12/16/75 6.03 116 620 33 6/26 102 076 46 CINB6J4 percent C / D due 12/26/75 6.25 102 076 46 7/9 1 0 0 0 000 CINB 6.15 percent T / D due 9/2/75 6.15 1 0 0 0 000 00 7/11 22 000 Household Finance Corp. demand note 6.185 22 000 00 7/11 78 000 Hertz Corp. demand note 5.886 83 000 00 7/11 600 000 Bank of Illinois 6% percent C/D due 10/1/75 6.38 600 000 00 7/15 65 000 UST bills due9/23/75 5.29 64 338 23 7/15 30 000 UST 6H percent notes due 8/15/76 4.77 30 753 16 7/15 7 000 U S T 8 percent notes due 2 / 1 5 / 7 7 . . . 5.53 7 327 02 7/15 1 5 5 8 000 UST 7% percent notes due 8/15/77 5.92 1 6 2 4 279 56 7/16 1 000 000 FNB-Champaign 6.15 percent C / D due 9/2/75 6.15 1 0 0 0 000 00 7/17 55 000 UST 6 percent notes due 2 / 2 8 / 7 7 . . . 5.74 55 204 81 7/18 51000 UST 9 percent notes due 8 / 1 5 / 8 0 . . . 6.89 55 597 57 7/28 8 000 Household Finance open-end demand note 6.45 8 000 00 7/30 1 0 0 0 000 FNB-C 634 percent C/D due 11/3/75 6.75 1 0 0 0 000 00 Date 7/17

This report was received for record.

Ratification of Lease

(44) In connection with the administration of the Robert Wood Keeton and Emily A. Keeton gifts, the Comptroller and the Secretary executed a lease of the University's mineral interest in certain Texas real estate to the Davis Oil Company. The lessee has requested that the Board of Trustees adopt a formal resolution in connection with the lease transaction. Accordingly, the President of the University, with the concurrence of the appropriate administrative officers, recommends the adoption of the following resolution: Resolved by The Board of Trustees of the University of Illinois, a public corporation of the State of Illinois, that the actions of R. W. Brady, Comptroller, and Earl W. Porter, Secretary, of this public corporation in executing a document entitled "Oil, Gas, and Mineral Lease" dated May 27, 1974, in which The Board of Trustees of the University of Illinois is the lessor and Davis Oil Company is the lessee relating to the following described real estate are in all respects ratified, approved, and confirmed, said real estate being described as follows: