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ILLINOIS - The University of Illinois Board of Trustees

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19791 UNIVERSITY OF <strong>ILLINOIS</strong> 419<br />

8/27 $3 000 000 U.S. Treasury bills due 11/15/79.. . 9 83% $2 935 866 67<br />

8/31 1 500 000 First National 10.95 percent certificate<br />

<strong>of</strong> deposit due 10/19/79 ........... 10.95 1 500 000 00<br />

On motion <strong>of</strong> Mr. Howard, this report was approved as presented.<br />

Contract with Spertus College <strong>of</strong> Judaica, Chicago Circle<br />

(36) On July 21, 1971, the <strong>Board</strong> <strong>of</strong> <strong>Trustees</strong> authorized the president to nego-<br />

tiate a contract with the Spertus College <strong>of</strong> Judaica for a cooperative program in<br />

Judaic studies. Under this asreement. a wide range <strong>of</strong> courses in Judaic studies<br />

<strong>of</strong>fered by Spertus College <strong>of</strong> Judaica became available to students at the Chicago<br />

Circle campus. <strong>The</strong> contract providrd for the <strong>University</strong> to reimburse Spertus<br />

College <strong>of</strong> Judaica at the rate <strong>of</strong> $8 50 pcr quarter credit hour per student, sub-<br />

ject to a maximum payment <strong>of</strong> $1 1,000 per academic year.<br />

Because <strong>of</strong> increased costs incurred bv Spertus College in operating this pro-<br />

gram, the <strong>Board</strong> <strong>of</strong> <strong>Trustees</strong>, on June 19, 1974, authorized the president to re-<br />

negotiate the contract with Spertus Colleqe <strong>of</strong> Judaica. <strong>The</strong> new contract provided<br />

for the <strong>University</strong> to reimburse Spertus College <strong>of</strong> Judaica at the rate <strong>of</strong> $9.50 per<br />

quarter hour per student, without fixing a maximum payment.<br />

Because <strong>of</strong> increased costs, the Spertus College <strong>of</strong> Judaica has again asked the<br />

<strong>University</strong> to renegotiate the contract. Accordingly, the president, with the concur-<br />

rence <strong>of</strong> the appropriate administrative <strong>of</strong>ficers, recommends that authorization be<br />

granted by the board for the award <strong>of</strong> a new contract with the Spertus College <strong>of</strong><br />

Judaica. <strong>The</strong> new contract would reimburse Spertus College at the rate <strong>of</strong> $13.50<br />

per quarter credit hour per student, effective with the fall quarter 1979. (It is<br />

estimated that such reimbursement will amount to $18,000 per year ) In return,<br />

the Spertus College <strong>of</strong> Judaica will continue to <strong>of</strong>fer its wide ranqe <strong>of</strong> courses in<br />

Judaic studies and related areas. <strong>The</strong> new contract will also provide an option in<br />

favor <strong>of</strong> the <strong>University</strong> allowing it to cancel the agreement for any reason within<br />

ten days after the governor <strong>of</strong> the state <strong>of</strong> <strong>Illinois</strong> approves the <strong>University</strong>’s annual<br />

appmpriarion, said cancellation effective as <strong>of</strong> June 30 <strong>of</strong> that year. <strong>The</strong> contract<br />

would also be subject to the right <strong>of</strong> either party to terminate it at any time upon<br />

three months written notice - with the provision for continuation following any<br />

such termination on a limited basis to assure that students enrolled in the Judaic<br />

studies program be able to complete their work.<br />

Funds for the support <strong>of</strong> the program are available in the operating budget<br />

<strong>of</strong> the College <strong>of</strong> Liberal Arts and Sciences on the Chicago Circle campus.<br />

<strong>The</strong> student advisory vote was: Aye. Mr. Sobotka, iMiss Wyncott;<br />

no, none; absent, Mr. Grady.<br />

On motion <strong>of</strong> Mr. Howard, this recommendation was approved by<br />

the following vote: Aye, Dr. Donoghue, Mr. Forsyth, Mr. Hahn, Mr.<br />

Howard, Mr. Lenz, Mr. Neal, Mrs. Shepherd, Mr. Stone, Mr. Velasquez;<br />

no, none; absent, Governor Thompson.<br />

SECRETARY’S REPORT<br />

<strong>The</strong> secretary presented for record appointments to the faculty and<br />

changes <strong>of</strong> status made by the president, resignations, leaves <strong>of</strong> absence,<br />

and retirements. A copy <strong>of</strong> the report is filed with the secretary.<br />

DEGREES CONFERRED<br />

<strong>The</strong> secretary presented for record the following list <strong>of</strong> degrees conferred<br />

on candidates at the Urbana-Champaign campus on August 6, 1979.

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