UA-R-GC-1914-01-01-1983-06-24_Page-001

• June 24, 1983 New York Office MINUTES Meeting of the Finance Committee Board of Trustees THE AMERICAN UNIVERSITY IN CAIRO Attending: Mr. Crary (Chairman), Mr. Hannon, Dr. Lamont, Mr. Snaith, Mr. Wadsworth, Mr. Kruger 1. The agenda was approved. Friday 11:00 AM 2. After deleting Mr. Snaith's name from the resolution on investments in Eurodollars (so that the authority would rest with the position), the minutes of the meeting of May 25, 1983 were approved. 3. There was discussion of the merits of establishing subcommittees of the Finance Committee to focus on investment and audit matters. The Committee agreed that such sub-committees would serve a useful purpose. Mr. Crary, Mr. Wadsworth, and Mr. Winder were chosen as members of a sub-committee on Investments. Mr. Hannon and Mr. Kruger agreed to serve as members of an Audit Committee. 4. The Committee discussed the format for the presentation of AUC's The Finance Committee -1- June 24, 198