Repository: UIHistories Project: Board of Trustees Minutes - 1990 [PAGE 77]

EXTRACTED TEXT FROM PAGE:

1990]

UNIVERSITY OF ILLINOIS

65

• T h e city's master contract with the University will cover a five-year-and-onemonth period, subject to annual review and approval of the operating budget by both the city and the Board of Trustees, from commencement date to December 31, 1995. • T h e city will be the financial guarantor of the clinic by covering any planned or unplanned budget shortfalls. • Within the overall budget, the University will provide the essential professional and medical staff to support an expected patient volume of 25,000 in the first year. Marketing efforts will determine future expansion and service mix plans in response to community needs and subject to the availability of resources. • As a part of the University's staffing responsibilities, an executive director will be employed to manage the day-to-day operations of the center and will report to the director of the University of Illinois Hospital. • T h e city will provide on-site liaison services to fulfill its responsibility to the west side community, various departments of the city, and other levels of government. • A steering committee of six members with three each appointed by the city and the University will monitor operations and expenditures and recommend any changes in the operational plan and budget. Board of Trustees' approval of the proposal and the contract will be followed by further discussions with the U.S. Department of Health and Human Services for the transfer of ownership of Mile Square Health Center to the City of Chicago. T h e vice president for business and finance concurs in this recommendation. I recommend approval. O n motion of Dr. Bacon, this r e c o m m e n d a t i o n was not approved by t h e following vote: Aye, Dr. Bacon, Mr. Boyle, Mr. H a h n , Mr. Wolff; no, Mrs. Calder, Mrs. Gravenhorst, Ms. Reese, Mrs. S h e p h e r d ; absent, Mr. Grabowski, G o v e r n o r T h o m p s o n . ( T h e student advisory vote was: Aye, Mr. Forbes; absent, Ms. Kelly.) By consensus, t h e b o a r d agreed that one vote would be taken and considered t h e vote on each agenda item nos. 20 and 21 inclusive. T h e r e c o m m e n d a t i o n s were individually discussed but acted u p o n at o n e time. ( T h e r e c o r d of b o a r d action appears at the end of each item.) Authorization to Establish Bank Accounts at Maryland National Bank and First National Bank of Maryland (University Press) (20) T h e University of Illinois Press has an agreement with Johns Hopkins University Press whereby they provide warehousing, billing, collection, and distribution services for University of Illinois Press publications. Under the terms of the agreement with Johns Hopkins, they have agreed to accept and fulfill cash-with-order and credit card sales sent to their order fulfillment division in Baltimore, Maryland. T h e checks in such cases are made payable to the University of Illinois or University of Illinois Press. In order to facilitate the cash-with-order and credit card orders, authorization is requested to open bank accounts with Maryland National Bank and First National Bank of Maryland, both located in Baltimore, Maryland. Johns Hopkins, acting as agents of the University, would be given restricted authority to endorse checks received with orders "for deposit only." Such funds would be transferred regularly to the University's main bank account with the First National Bank of Chicago. T h e estimated volume of cash orders is $50,000 per year. It is anticipated that bank charges payable to the banks would be less than $1,000 per year.