university of illinois - UIHistories Project

5i° BOARD OF TRUSTEES [July 16
The Chairman suggested that since two members of the Committee are not present
at today's meeting, no action on these items be taken at this time.
The Committee adjourned.
The Secretary stated that he will file with the records of the Board meeting
of July 16 complete reports of the meetings of the Committee of the Whole, the
Committee on Buildings and Grounds, and the Committee on General Policy.
On motion of Mr. Johnston, the Committee of the Whole adjourned.
MEETING OF THE BOARD OF TRUSTEES
July 16, 1957
The Board of Trustees convened at 10:30 a.m., Tuesday, July 16, 1957,
for its regular July meeting. The members of the Board, officers of the
Board, and University officials as recorded at the beginning of these
minutes were present.
MINUTES APPROVED
The Secretary presented the minutes of the meetings of the Board of
Trustees of April 18 and May 28, 1957, press proof copies of which
have been sent to all members of the Board in advance.
On motion of Mr. Johnston, these minutes were approved as printed
on pages 339 to 429, inclusive.
HOSPITAL-MEDICAL-SURGICAL. INSURANCE
FOR STUDENTS AND STAFF
The Board of Trustees on June 20, 1957, referred to the Executive Committee,
with power to act, a recommendation for the award of a contract to the Bankers
Life and Casualt3' Company of Chicago for hospital-medical-surgical insurance for
students and staff for 1957-58. The Executive Committee has inquired into the
questions raised at the Board of Trustees meeting concerning the ability of the
Bankers Life and Casualty Company to fulfill all requirements under the proposed
contract on the basis of its low bid of $461,610. The Committee finds that the
Company is financially capable of handling the University's program, and its payment
of claims record has been good. The Compaq' has agreed in writing to
permit the University to decide which claims will be paid and the amount of such
claims and to permit the University to draw drafts on the Company in the settlement
of the claims.
In view of these findings the Committee has approved the award of the contract
to the Bankers Life and Casualty Company on its bid of $461,610 and the
terms previously reported to the Board of Trustees.
This report was received for record.
BUSINESS PRESENTED BY THE PRESIDENT OF THE UNIVERSITY
The Board took up consideration of the following reports and recommendations
from the President of the University.
INTERNAL OPERATING BUDGET FOR 1957-58
(i) The University's internal operating budget for all divisions and funds for the
fiscal year beginning July I, 1957, for academic and administrative appointments
beginning September I, 1957, and for nonacademic personnel appointments beginning
July 1, 1957, is submitted herewith. This budget has been prepared by the
Vice-President and Provost and the Vice-President and Comptroller in accordance
with policies recommended by the University Budget Committee and procedures
approved by the President. The University Council has also been consulted
regarding budget policies and distribution of funds.
In this budget new minimum academic salaries are proposed, effective September
I, 1957, for all assistants, and for all new appointments and promotions in
other ranks as follows:
Nine Months' Service Eleven Months' Service
Professor $8 400 $10 300
Associate Professor 7 000 8 550