Repository: UIHistories Project: Board of Trustees Minutes - 1976 [PAGE 557]

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546

BOARD OF TRUSTEES

[March 17

Secretary, Comptroller, and University Counsel of the Board

President Corbally reported that, in accord with the Bylaws, his advice to the Board of Trustees was that the three incumbents -—• Earl W. Porter, Secretary of the Board; Ronald W. Brady, Comptroller of the Board; and James J. Costello, University Counsel — be reelected. Secretary of the Board Mr. Hahn nominated Mr. Earl W. Porter. On motion of Mr. Livingston, the nominations were closed, a unanimous ballot was cast, and Mr. Porter was declared elected Secretary of the Board, to serve until the next annual meeting of the Board in January 1977, or until his successor shall have been elected. Comptroller of the Board Mr. Howard nominated Mr. Ronald W. Brady. On motion of Mr. Livingston, the nominations were closed, and the Secretary was instructed to cast a unanimous ballot of the Board for the election of Mr. Brady as Comptroller. The ballot was so cast, and Mr. Brady was declared elected Comptroller, to serve until the next annual meeting of the Board in January 1977, or until his successor shall have been elected.

University Counsel of the Board

Mr. Lenz nominated Mr. James J. Costello. On motion of Mr. Livingston, the nominations were closed, and the Secretary was instructed to record the unanimous ballot of the Board for Mr. Costello as University Counsel of the Board. The ballot was so cast, and Mr. Costello was declared elected University Counsel, to serve until the next annual meeting of the Board in January 1977, or until his successor shall have been elected.

DELEGATION OF SIGNATURES

The following resolution was offered:

Resolved that the President of the Board of Trustees is authorized to delegate to such individuals as the President may designate from time to time authority to sign his name as President of the Board of Trustees to vouchers presented to the State Comptroller and authority to sign his name to warrants on the University Treasurer covering vouchers approved in accordance with regulations approved by the Board; and Resolved further that the Secretary of the Board of Trustees is authorized to delegate to such individuals as the Secretary may designate from time to time authority to sign his name as Secretary of the Board of Trustees to vouchers presented to the State Comptroller and to warrants on the University Treasurer covering vouchers approved in accordance with regulations of the Board. Be It Further Resolved that the First National Bank of Chicago as a designated depositary of R. R. Manchester, Treasurer of this corporation, be and it