ILLINOIS - The University of Illinois Board of Trustees
ILLINOIS - The University of Illinois Board of Trustees ILLINOIS - The University of Illinois Board of Trustees
19781 UNIVERSITY OF ILLINOIS 115 Report of Investment Transactions through September 30,1978 (34) The comptroller presented the investment report as of September 30, 1978. Face Value or Number Changes in Investments (Under Comptroller’s Authority) cost or Yield Dute ofshares Description (Pcrcen t) Amount Sales: 9J1 $ 54 000 Hertz demand notes.. ..... $ 54 000 00 $ 54 000 00 9/13 2 000 000 Harris Trust & Savings Bank 8 percent certificate of de- 9/28 posit due 10/31\78 dated 8/28/78 ................ 2 000 000 00 50 000 US. Treasury bills due 3/6/79 ................. 46 727 83 1 998 540 03 4% 162 67 9 net 763 060 First National Bank of Chicago 5 percent open-end time deposit ............. 763 060 31 763 060 31 Purchases: 8/4 $ 3 000 Hertz demand notes ............... 8.05 $ 8/31 100 000 U.S. Treasury bills due 9/21/78.. ... 7.38 3 000 00 99 571 25 9/5 2 000 000 First National Bank of Springfield 9/6 916 9/6 9/6 9/6 9/6 916 9/6 9/15 9119 9/19 9/20 8% percent certificate of deposit due 6,/6/79.. ........................ 8.75 35 000 U.S. Treasuly bills due 10/19/78.. .. 6.30 45 000 U.S. Treasury bills due 11/24/78. ... 7.20 70 000 U.S. Treasury bills due 12/14/78.. .. 7.39 70 000 U.S. Treasury bills due 1/25/79.. ... 7.53 75 000 U.S. Treasury bills due 2/8/79.. .... 7.34 45 000 U.S. Treasury bills due 3/6/79.. .... 7.77 35 000 U.S. Treasury bills due 4/3/79.. .... 7.80 40 000 U.S. Treasury bills due 5/29/79.. ... 8.04 2 000 000 US. Treasury bills due 12/7/78.. ... 7.93 185 000 U.S. Treasury bills due 11/14/78.. .. 7.98 100 000 U.S. Treasuly bills due 4/3/79.. .... 8.26 505 534 Government National Mortgage Association Mobile Home “B” 8% percent 2 000 000 00 34 738 39 44 300 00 68 605 56 67 995 58 72 701 25 43 307 3% 33 483 54 37 764 00 1 964 079 44 182 732 31 95 698 89 debentures (Pool No. 23,277) due 9/15/93 ......................... 9.00 498 898 98 9/21 9/21 9J25 9/25 1 500 000 Government National Mortgage Association 9 percent debentures (Pool No. 27,087) due 8\15/08 .............. 9.08 282 000 U.S. Treasury 8% percent notes due 5/15/88 ......................... 8.48 75 000 US. Treasury bills due 11/24/78. ... 7.27 25 000 U.S. Treasury bills due 12/14/78.. .. 7.19 1490 625 00 277 858 13 74 102 50 24 606 67 9/25 1 206 000 U.S. Treasury 7% percent bonds due 2/15/07 ......................... 8.56 1 088 415 00 On motion of Mr. Livingston, this report was approved as presented.
116 BOARD OF TRUSTEES [October 20 SECRETARY’S REPORT The secretary presented for record appointments to the faculty and changes of status made by the president, resignations, leaves of absence, and retirements. A copy of the report is filed with the secretary. SUGGESTIONS FOR ACCELERATING BOARD BUSINESS Mr. Lenz asked that study be given to means of expediting board action on routine agenda items, perhaps by the development of a “consent agenda” (a list proposed for summary action, that might be proposed and departed from at the option of individual trustees). He also sug- gested the grouping of like items for a single roll call to reduce repetitive roll calls. It was agreed the secretary would attempt to develop some pro- cedures along these lines. ANNOUNCEMENTS FROM THE PRESIDENT OF THE BOARD President Howard called attention to the schedule of regular meetings for the remainder of the year: November 17, Medical Center; December 13, Chicago Circle. He also announced that an executive session had been requested and would be convened after the meeting to consider reports on pending litigation. RECESS AND EXECUTIVE SESSION Following a short recess, the board reconvened in executive session and considered the following items of business : litigation Initiated by James Freidag (35) A complaint has been filed in the Court of Claims of the State of Illinois (Case No. 78 CC 1523) by James Freidag against the University. The complaint seeks damages in the amount of $100,000 for injuries alleged to have been in- curred by plaintiff on October 30, 1977 during a “pick-up” basketball game at the Intramural-Physical Education Building on the Urbana-Champaign campus. The plaintiff alleges that he was a student of the University at the time and was willfully and maliciously struck and injured by another student. It is alleged that the University did not properly supervise the use of the intramural facility or take reasonable steps to prevent the use of the same by persons who the University knew to have a propensity for violence. The university counsel has recommended that he be authorized to take such steps as are necessary or appropriate, including the employment of special counsel, to protect the interests of the University in this matter and to defend the claim. I concur. The student advisory vote was: Aye, Miss Kmper, Mr. Sobotka, Mr. Watson; no, none. On the motion of Mr. Lenz, authority was given as recommended by the following vote: Aye, Mr. Forsyth, Mr. Hahn, Mr. Howard, Mr. Lenz, Mr. Livingston, Mr. Neal, Mrs. Rader, Mrs. Shepherd, Mr. Velasquez; no, none; absent, Governor Thompson.
- Page 75 and 76: 64 BOARD OF TRUSTEES [September 20
- Page 77 and 78: 66 BOARD OF TRUSTEES [September 20
- Page 79 and 80: 68 BOARDOFTRUSTEES [September 20 eg
- Page 81 and 82: 70 BOARD OF TRUSTEES [September 20
- Page 83 and 84: 72 BOARD OF TRUSTEE5 [September 20
- Page 85 and 86: 74 BOARD OF TRUSTEES [September 20
- Page 87 and 88: 76 BOARD OF TRUSTEES [September 20
- Page 89 and 90: 78 BOARD OF TRUSTEES [September 20
- Page 91 and 92: 80 BOARDOFTRUSTEES [September 20 ge
- Page 93 and 94: 82 BOARD OF TRUSTEES [September 20
- Page 95 and 96: 84 BOARD OF TRUSTEES and for other
- Page 97 and 98: 86 BOARD OF TRUSTEES [October 3 The
- Page 99 and 100: 88 BOARD OF TRUSTEES [October 3 tha
- Page 101 and 102: :90 B O m OF TRUSTEES search is in
- Page 103 and 104: 92 BOARD OF TRUSTEES [October 20 BU
- Page 105 and 106: 94 BOARD OF TRUSTEES [October 20 2.
- Page 107 and 108: 96 BOARD OF TRUSTEES [October 20 T
- Page 109 and 110: 98 BOARDOFTRUSTEES [October 20 39.
- Page 111 and 112: 100 BOARD OF TRUSTEES [October 20 a
- Page 113 and 114: 102 BOARD OF TRUSTEES [October 20 T
- Page 115 and 116: 104 BOARD OF TRUSTEES [October 20 f
- Page 117 and 118: 106 BOARD OF TRUSTEES [October 20 L
- Page 119 and 120: 108 BOARD OF TRUSTEES [October 20 1
- Page 121 and 122: 110 BOARD OF TRUSTEES [October 20 a
- Page 123 and 124: 112 BOARD OF TRUSTEES [October 20 T
- Page 125: 114 With Whom United States Air For
- Page 129 and 130: This Page Intentionally Left Blank
- Page 131 and 132: 120 BOARD OF TRUSTEES movember 17 M
- Page 133 and 134: 122 BOARI) OF TRUSTEES povember 17
- Page 135 and 136: 124 BOARD OF TRUSTEES [November 17
- Page 137 and 138: 126 BOARD OF TRUSTEES [November 17
- Page 139 and 140: 128 BOARD OF TRUSTEES [November 17
- Page 141 and 142: 130 BOARD OF TRUSTEES [November 17
- Page 143 and 144: 132 BOARD OF TRUSTEES [November 17
- Page 145 and 146: 134 BOARD OF TRUSTEES [November 17
- Page 147 and 148: 136 BOARD OF TRUSTEES [Novernbcd 17
- Page 149 and 150: 138 BOARD OF TRUSTEES movember 17 C
- Page 151 and 152: 140 BOARD OF TRUSTEES movember 17 T
- Page 153 and 154: This Page Intentionally Left Blank
- Page 155 and 156: 144 BOARD OF TRUSTEES [December 13
- Page 157 and 158: 146 BOARD OF TRUSTEES [December 13
- Page 159 and 160: 148 BOARD OF TRUSTEES [December 13
- Page 161 and 162: 150 BOARD OF TRUSTEES [December 13
- Page 163 and 164: 152 BOARD OF TRUSTEES [December 13
- Page 165 and 166: 154 BOARD OF TRUSTEES [December 13
- Page 167 and 168: 156 BOARD OF TRUSTEES [December 13
- Page 169 and 170: 158 BOARD OF TRUSTEES [December 13
- Page 171 and 172: ,160 BOARD OF TRUSTEES [December 13
- Page 173 and 174: 162 BOARD OF TRUSTEES national Alli
- Page 175 and 176: 164 BOARD OF TRUSTEES [February 2 1
19781 UNIVERSITY OF <strong>ILLINOIS</strong> 115<br />
Report <strong>of</strong> Investment Transactions through September 30,1978<br />
(34) <strong>The</strong> comptroller presented the investment report as <strong>of</strong> September 30, 1978.<br />
Face Value<br />
or Number<br />
Changes in Investments<br />
(Under Comptroller’s Authority)<br />
cost<br />
or<br />
Yield<br />
Dute <strong>of</strong>shares Description (Pcrcen t) Amount<br />
Sales:<br />
9J1 $ 54 000 Hertz demand notes.. ..... $ 54 000 00 $ 54 000 00<br />
9/13 2 000 000 Harris Trust & Savings Bank<br />
8 percent certificate <strong>of</strong> de-<br />
9/28<br />
posit due 10/31\78 dated<br />
8/28/78 ................ 2 000 000 00<br />
50 000 US. Treasury bills due<br />
3/6/79 ................. 46 727 83<br />
1 998 540 03<br />
4% 162 67<br />
9 net 763 060 First National Bank <strong>of</strong> Chicago<br />
5 percent open-end<br />
time deposit ............. 763 060 31 763 060 31<br />
Purchases:<br />
8/4 $ 3 000 Hertz demand notes ............... 8.05 $<br />
8/31 100 000 U.S. Treasury bills due 9/21/78.. ... 7.38<br />
3 000 00<br />
99 571 25<br />
9/5 2 000 000 First National Bank <strong>of</strong> Springfield<br />
9/6<br />
916<br />
9/6<br />
9/6<br />
9/6<br />
9/6<br />
916<br />
9/6<br />
9/15<br />
9119<br />
9/19<br />
9/20<br />
8% percent certificate <strong>of</strong> deposit due<br />
6,/6/79.. ........................ 8.75<br />
35 000 U.S. Treasuly bills due 10/19/78.. .. 6.30<br />
45 000 U.S. Treasury bills due 11/24/78. ... 7.20<br />
70 000 U.S. Treasury bills due 12/14/78.. .. 7.39<br />
70 000 U.S. Treasury bills due 1/25/79.. ... 7.53<br />
75 000 U.S. Treasury bills due 2/8/79.. .... 7.34<br />
45 000 U.S. Treasury bills due 3/6/79.. .... 7.77<br />
35 000 U.S. Treasury bills due 4/3/79.. .... 7.80<br />
40 000 U.S. Treasury bills due 5/29/79.. ... 8.04<br />
2 000 000 US. Treasury bills due 12/7/78.. ... 7.93<br />
185 000 U.S. Treasury bills due 11/14/78.. .. 7.98<br />
100 000 U.S. Treasuly bills due 4/3/79.. .... 8.26<br />
505 534 Government National Mortgage Association<br />
Mobile Home “B” 8% percent<br />
2 000 000 00<br />
34 738 39<br />
44 300 00<br />
68 605 56<br />
67 995 58<br />
72 701 25<br />
43 307 3%<br />
33 483 54<br />
37 764 00<br />
1 964 079 44<br />
182 732 31<br />
95 698 89<br />
debentures (Pool No. 23,277) due<br />
9/15/93 ......................... 9.00 498 898 98<br />
9/21<br />
9/21<br />
9J25<br />
9/25<br />
1 500 000 Government National Mortgage Association<br />
9 percent debentures (Pool No.<br />
27,087) due 8\15/08 .............. 9.08<br />
282 000 U.S. Treasury 8% percent notes due<br />
5/15/88 ......................... 8.48<br />
75 000 US. Treasury bills due 11/24/78. ... 7.27<br />
25 000 U.S. Treasury bills due 12/14/78.. .. 7.19<br />
1490 625 00<br />
277 858 13<br />
74 102 50<br />
24 606 67<br />
9/25 1 206 000 U.S. Treasury 7% percent bonds due<br />
2/15/07 ......................... 8.56 1 088 415 00<br />
On motion <strong>of</strong> Mr. Livingston, this report was approved as presented.
Change language