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Caption: Board of Trustees Minutes - 1986 This is a reduced-resolution page image for fast online browsing.
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EXTRACTED TEXT FROM PAGE:
1986] UNIVERSITY OF ILLINOIS 611 License agreements have been negotiated with each city for the use of public rightof-ways for such installations. The agreements provide for annual payments of $8,268 to Champaign and $31,788 to Urbana, payable in equal monthly installments and subject to reductions by the amount of utility tax collected by Champaign and Urbana for telecommunication service sold to the University which exceeds the present level of annual utility tax payments to the cities ($10,452 to Champaign, and $30,480 to Urbana). Additional reductions are provided for should the cities reduce their utility tax rates. The net effect of the license fee payments to the two cities is intended to maintain the approximate level of utility taxes each now collects for telecommunication services sold to the University. The license fee will be subject to renegotiation after ten years, which is the term of the lease-purchase agreement for the telecommunications system. The agreements will remain in effect as long as the University uses for telecommunication purposes, and maintains in good condition, the facilities placed in the designated right-of-ways. Should it be required, the University will have the right to increase the number of crossings or intrusions upon the cities' right-of-ways during the life of the agreement, provided each is within the current configuration of the campus. Funds are included in the University's budget request for Fiscal Year 1987 to meet the ordinary and contingent expenses of the University for this project and will be included in the operating budget authorization request for each succeeding fiscal year. Payments required under the license agreements are subject to the availability of funds, with the cities having the right to terminate the agreements if the University is unable to make the payments. The chancellor at Urbana-Champaign has recommended that the agreements with the cities as described be authorized. The vice president for business and finance concurs. I recommend approval. On motion of Mr. Logan, this recommendation was approved by the following vote: Aye, Mrs. Day, Mr. Forsyth, Mrs. Gravenhorst, Mr, Hahn, Mr. Logan, Mr. Madden, Mrs. Shepherd, Miss Smith; no, none; absent, Mr. Howard, Governor Thompson. (The student advisory vote was: Aye, Mr. Becker, Mr. Lamm; no, none.) Petition for Vacation of Streets and Alleys, Urbana (39) On April 10, 1986, the Board of Trustees approved a master plan as a general guideline for the long-time growth and development of the north campus at Urbana. Planning now is underway for the construction of two components of this plan, including the Beckman Institute, a central utilities facility and related facilities which require acquisition of certain right-of-ways held by the City of Urbana. University staff are conducting negotiations with city officials to determine mutually acceptable compensation for these right-of-ways. Appraisals and related evaluations have not been completed. However, the city has advised that submission of a "Petition for Vacation" would allow city administrators to begin procedural steps required for consideration of the petition. Accordingly, the chancellor at the Urbana campus, with the concurrence of the appropriate administrative officers, has recommended adoption of the attached petition. (A copy of the petition is filed with the secretary of the board for record.) I concur.
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