Repository: UIHistories Project: Board of Trustees Minutes - 1990 [PAGE 226]

EXTRACTED TEXT FROM PAGE:

214

BOARD OF TRUSTEES

[March 14

and to all or part of said land determined in the manner provided by law for the exercise of said right and power of eminent domain; and Be It, and It Is Hereby, Further Resolved by the Board of Trustees of the University of Illinois that the necessary and appropriate action be taken for the acquisition of said title to all or part of said property by said Board of Trustees of the University of Illinois and to have the compensation to be paid therefor determined by the institution and prosecution to completionn of a proceeding in eminent domain in a court of competent jurisdiction and that the University Counsel of the University be, and he is hereby, authorized to proceed accordingly, to institute and prosecute an eminent domain proceeding in the name and on behalf of the Board of Trustees of the University of Illinois for the acquisition of all or part of said land and the determination of the compensation to be paid by it therefor, and to employ such special legal counsel, appraisers, and others as he may deem necessary or desirable to assist him in the institution and prosecution of said proceeding. O n motion of Mrs. Gravenhorst, t h e r e c o m m e n d a t i o n s were approved and the foregoing resolutions were a d o p t e d by t h e following vote: Aye, Dr. Bacon, Mr. Boyle, Mrs. Calder, Mr. Grabowski, Mrs. G r a v e n h o r s t , Mr. L a m o n t , Ms. Reese, Mrs. S h e p h e r d , Mr. Wolff; n o , n o n e ; absent, n o n e . (Governor Edgar asked to be r e c o r d e d as not voting on this item.) ( T h e student advisory vote was: Aye, Mr. Forbes; absent, Ms. Kelly.) Contract with Van Ru Credit Corporation, University of Illinois Hospital, Chicago (13) T h e interim chancellor at Chicago has recommended approval of a contract with Van Ru Credit Corporation, Chicago, to assist the University of Illinois Hospital in the collection of past-due patient accounts receivable. Traditionally, the hospital maintains the services of three different agencies, evaluating performance at regular intervals. Ongoing review indicates Van Ru Credit Corporation provides excellent service and acceptable results at a competitive rate. T h e hospital anticipates assigning patient accounts receivable of approximately $7.0 million to Van Ru, with estimated collections of $1.4 million, for a fee of approximately $200,000. T h e sixteen-month contract commences March 1, 1991, and will extend this contract so that all three contracts expire at the end of a fiscal year. Funds collected under the contract will be deposited in the Hospital Income Fund and fees for this service will be paid from the proceeds collected. T h e vice president for business and finance concurs in the recommendation. I recommend approval. O n motion of Mrs. Gravenhorst, this r e c o m m e n d a t i o n was approved by t h e following vote: Aye, Dr. Bacon, Mr. Boyle, Mrs. Calder, Mr. Grabowski, Mrs. Gravenhorst, Mr. L a m o n t , Ms. Reese, Mrs. S h e p h e r d , Mr. Wolff; no, n o n e ; absent, n o n e . (Governor Edgar asked to be r e c o r d e d as not voting on this item.) ( T h e student advisory vote was: Aye, Mr. Forbes; absent, Ms. Kelly.) Contracts with Affiliated Hospitals, Chicago, Rockford, and Peoria (14) T h e interim chancellor at Chicago has recommended the renewal of contractual agreements with eligible hospitals affiliated with the College of Medicine to provide partial compensation in Fiscal Year 1991 for the cost of operating and maintaining physical facilities constructed with State of Illinois grants (through the Illinois Board of Higher Education) for the conduct of medical education programs.