Repository: UIHistories Project: Board of Trustees Minutes - 1990 [PAGE 424]

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412

BOARD OF TRUSTEES

[November 14

build an auditorium in the new Temple Hoyne Buell Hall, which is to be named the Lawrence J. Plym Auditorium. In addition, the Foundation had previously announced (October 1987) a gift of $2.5 million from Clinton C. and Susan A. Atkins for a tennis facility, which is to be named the Atkins Tennis Center. Accordingly, the chancellor at Urbana has recommended that the buildings as described above be named the Grainger Engineering Library Information Center, the Lawrence J. Plym Auditorium in the Temple Hoyne Buell Hall, and the Atkins Tennis Center, respectively. I concur.

On motion of Ms. Reese, this recommendation was approved. Establishment of Quasi-Endowment, Urbana (Albert H. Nemoede Estate)

(9) Albert H. Nemoede 1 died on March 13, 1991, leaving a trust naming the Ricker Art and Architecture Library of the University of Illinois as beneficiary of a remainder interest in his estate. T h e amount of the bequest should total approximately $200,000. T h e purpose of the bequest designated by the donor is to support the Ricker Art and Architecture Library. T h e University Librarian has proposed the establishment of a quasi-endowment with all of the funds from the Nemoede estate. T h e income would be used to support Ricker Art and Architecture Library initiatives in accordance with the terms of the bequest. T h e chancellor at Urbana and the vice president for business and finance have recommended the establishment of the quasi-endowment for the purposes described. I concur.

On motion of Ms. Reese, this recommendation was approved. Airport Use Agreement with Jetstream International, Urbana

(10) Jetstream International (doing business as U.S. Air Express) intends to begin two scheduled flights a day to Indianapolis beginning November 7, 1991, from the University of Illinois-Willard Airport. T h e agreement provides for the use of the airport runways and taxiways in return for a payment of 60.5 cents per 1000/pound gross landing weight for each landing. On January 1, 1992, Jetstream expects to increase to four flights daily. Jetstream will share office, counter, baggage make-up, and other space currently leased to U.S. Air and will be serviced on the ground by U.S. Air personnel. It is estimated that two flights per day will generate $528.17 monthly, and four flights per day will generate $1,056.34 monthly. T h e vice president for business and finance recommends that the board authorize approval of an airport use agreement with Jetstream International. I concur.

On motion of Ms. Reese, this recommendation was approved. Amendment to Agreement with the Flightstar Corporation, Urbana

(11) In June 1989, the Board of Trustees approved an amendment to the agreement with the Flightstar Corporation, the fixed-base operator conducting business at Willard Airport. T h e agreement provides for lease of two hangars, fuel storage, auto parking, sales of aircraft, aircraft maintenance, flight training, aircraft charter service, and sale of aviation fuels. T h e amendment provided for an annual payment by Flightstar to the University

1

Albert H. Nemoede earned a B.S. degree in architecture in 1941.