JB Pritzker, Governor, State of Illinois

Agenda Books - June 23, 2003

North Park University
Viking Hall
5148 N. Kedzie Avenue
Chicago, Illinois

June 23, 2003
9:00 a.m.

    1. Minutes of April 11, 2003 Meeting
      Action Taken: Approved
    2. Executive Director's Report
    3. IDAPP Demand Note/Liquidity Facilities
      Action Taken: No Approval Required
    4. IDAPP Quarterly Investment Report
    5. IDAPP Interest Rate Exchange Agreement
      Action Taken: Approved
    6. FY2004 MAP Recompute
      Action Taken: Approved Alternate Resolution: Contingent upon gubernatorial action on the Commission's FY2004 budget, staff recommends that the Commission approve Option 2 as summarized in Table 6 as the FY2004 MAP recompute formula. Further, in the event that the Governor line-item vetoes the $12 million that the General Assembly appropriated to help restore fifth-year MAP eligibility, staff recommends that Option 2 summarized in Table 6 be modified to cap the number of eligibility units at 48 rather than 54 for FY2004.
    7. FY2004 MAP and IIA Status Report
      Action Taken: Approved
    8. FY2004 College Illinois! Budget Request
      Action Taken: Approved
    9. Selection of College Illinois! Investment Manager
      Action Taken: Approved Banc One Investment Advisors Corporation as investment manager for the core fixed income portfolio of the College Illinois! program
    10. Adopted Rules and Amendments
      Action Taken: Approved