Repository: UIHistories Project: Board of Trustees Minutes - 1990 [PAGE 199]

EXTRACTED TEXT FROM PAGE:

1991]

UNIVERSITY OF ILLINOIS

187

construction, operation, maintenance, repair, alteration, patrolling, inspection, reconstruction, and removal of aerial or underground (or both or each in part at any time from time to time) electric transmission, distribution lines and systems, including poles, conductors, conduits, ducts, and sand bedding, concrete envelopes, anchors, guys, drains, grounds, and other necessary materials, hardware, and equipment appurtenant thereto, the said power transmission line, and to indemnify this Corporation and its representatives from liability in connection with Grantee's activities. T h e right-of-way easement shall remain in full force and effect from the date granted and for so long hereafter as the following-described property continues to be used for the purposes herein described and the facilities of the Company are continued in service and have not been abandoned. Upon termination of the easement Grantee shall peaceably surrender possession of said premises to this Corporation and full and complete title then shall remain in this Corporation free and clear of said easement and without necessity of reentry or demand. T h e right-of-way easement shall be over the following-described property: Situated in the State of Illinois, the County of Champaign and being more fully bounded and described as follows: T h e North ten (10) feet of lot Ten (10) in Forestry Heights Addition to the City of Urbana, as per plat recorded in Plat Book " B " at page 190, situated in Champaign County, Illinois, except that part deeded to the City of Urbana, Illinois, for street.

O n motion of Mrs. Gravenhorst, the foregoing resolution was adopted by the following vote: Aye, Dr. Bacon, Mr. Boyle, Mrs. Calder, Mr. Grabowski, Mrs. Gravenhorst, Mr. Lamont, Ms. Reese, Mrs. Shepherd, Mr. Wolff; no, none; absent, Governor Edgar. ( T h e student advisory vote was: Aye, Mr. Forbes; absent, Ms. Kelly.) Lease of Space, Office of the Vice Chancellor for Research, Chicago

(17) T h e interim chancellor at Chicago has recommended that the University contract with T h e Reliable Corporation, at 1001 West Van Buren Street, Chicago, to lease 11,700 square feet of space on the seventh floor of the Reliable Building Annex for the following units in the Office of the Vice Chancellor for Research (OVCR): Urban Transportation Center, China Statistics Archives, and Technology Commercialization Program. 1 This lease of space will allow these three OVCR units to share common floor space, i.e., conference room, lounge, etc., and also economize on computer cable usage. T h e leased space would provide offices for researchers and administrators in these three OVCR units for an initial period commencing April 1, 1991, through March 3 1 , 1993. T h e University has the option to renew the lease for an additional one-year term and to cancel the lease at the beginning of any University fiscal year, subject to annual appropriation of funds. T h e first year lease cost of $147,809 (at a unit cost of $12.63 per square foot) includes a two-month rent abatement on 800 square feet, heat, and common area operating expense. Electrical (including air conditioning) and janitorial expenses are the responsibility of the University. In the second year, the unit cost increases to $12.81 per square foot. T h e landlord has agreed to deliver the premises to the tenant in a clean and habitable condition by April 1, 1991. T h e landlord will (at landlord expense) renovate

1 This is a renewal of the lease of space for the Urban Transportation Center and the China Statistics Archives. T h e Technology Commercialization Program is moving from other leased space.