Repository: UIHistories Project: Board of Trustees Minutes - 1936 [PAGE 5]

EXTRACTED TEXT FROM PAGE:

1934]

UNIVERSITY OF ILLINOIS

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6. The University will permit the Union t o defer payment of its indebtedness to the University, which indebtedness shall bear interest at five per cent per annum. 7. T h e Union will provide funds for and make immediate repairs to the south wall of the building in a manner satisfactory to the University. 8. The Union will provide funds for and repair and redecorate residence rooms in the building t o put them in suitable condition for occupancy to the satisfaction of the University. 9. The Union will secure modification in the purchase contract of the Union Building so t h a t payments on the principal will be suspended and interest reduced from six per cent to five per cent. 10. The Union is to pay the University for all service rendered to it by the University, and all such bills shall be payable within ten days after they are rendered. 11. The Union shall agree to pay on its present debt obligations other than those owing the University not more than the amounts stipulated in the schedule submitted by its Business Manager, amounting to $12,000, in three years, and to make no capital expenditures and no increase in its indebtedness except with the approval of the University, and to apply any surplus which may exist to the liquidation of its indebtedness to the University. 12. The University shall have the privilege of moving to the Union Building in space turned over to it any of its activities now housed in University buildings. 13. These arrangements shall be in effect for three years from July 1, 1934, but may be terminated by either party at the close of any year on three months' advance notice. The Board of Directors of the University of Illinois Union has agreed to enter into such a contract with t h e University and has further ordered the repairs and improvements specified in sections 7 and 8 above. I further recommend t h a t to carry out these arrangements the following appropriations be made from the Reserve and Contingent Fund for the purposes indicated: 1. The sum of $3,500 t o t h e Physical Plant Department for the expenses of operating the space which will be turned over to the University in the Union Building. 2. The sum of $10,500, or so much thereof as may be necessary, to the Physical Plant Department, for repairing, redecorating, and furnishing the space in the Union Building to be occupied by the University.

On motion of Mr. Armstrong, this agreement was authorized and the University Counsel was instructed to prepare the necessary agreement for the approval of the Executive Committee, and the appropriation was made by the following vote: Aye, Mr. Armstrong, Mr. Barrett, Mrs. Hopkins, Dr. Meyer, Mr. Trees, Mr. Williams; no, none; absent, Mr. Barr, Mr. Blair, Mrs. Freeman, Mr. Horner, Mr. Karraker.

LEAVE OF ABSENCE FOR PROFESSOR F. S. SIEBERT (4) A recommendation t h a t Assistant Professor F . S. Siebert, of the School of Journalism, be given sabbatical leave of absence on full pay during the second semester of 1934-35 so t h a t he may go t o England and complete a study of the origin of freedom of the press in theory and practice, which he has under way. The Director of the School of Journalism agrees t h a t Professor Siebert's work will be taken care of during his absence without expense to the University. I recommend approval.

On motion of Dr. Meyer, this leave was granted.

LEAVE OF ABSENCE FOR PROFESSOR JOHN S. CRANDELL

(5) A request from Professor John S. Crandell, of the Department of Civil Engineering, for a sabbatical leave of absence on full pay during the second semester of 1934-35