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Caption: Board of Trustees Minutes - 1974 This is a reduced-resolution page image for fast online browsing.
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EXTRACTED TEXT FROM PAGE:
406 BOARD OF TRUSTEES [November 21 As a result of further negotiations and actions, the estimated project cost lias been revised to $5,448,029, of which $4,101,000, is to be contributed by tlte FAA, $1*326,671 by the Division of Aeronautics, and $20,358 by the University. The University portion represents 18 per cent of an estimated $113,100 cost for a Fire-Crash; Rescue Vehicle and Alarm Siren Installation, the other 82 per cent of which will be provided by FAA. Bids for the construction of runway extension, pavement overlay, electrical equipment and lighting have been received by the Division of Aeronautics. General Paving Company, Inc. has submitted the low bid of $3,890,767.24. A copy of the bid tabulation is on file with the Secretary of the Board of Trustees, Under the Agency and Participation Agreement with the State of Illinois, the proposed construction contract must be executed by_ both the State pf Illinois, Division of Aeronautics, and the University (the University's obligation thereunder will be limited to the project funds available). Additionally, under the documents the University is to enter into a contract through which the FAA would furnish equipment and services for the Relocation of Existing Glide Slope, Middle Marker, and Runway Visibility Range serving Runway 31 at an estimated cost of $65,903. Funds for the contract with FAA are available in the project budget. The President of the University, with the concurrence of the appropriate administrative officers, recommends that the Comptroller and the Secretary be authorized to execute contracts with General Paving Company and the Federal Aviation Administration, as outlined above, and such other documents as may be required to implement the revised project, as described. It is further recommended that the University's portion of the project be provided by assigning $15,268 from the Willard Airport Revolving Account and $5,090 from the Institutional Reserve for 1973-74 Accounts. On motion of Mr. Livingston, these recommendations were approved and authority was given as recommended. RETURN OF FEDERAL SURPLUS PROPERTY, RANTOUL. ILLINOIS (12) Two years ago the Board of Trustees approved the acquisition, without cost, of a 1.09 acre tract of land east of Chamtte Air Force Base from the federal government as surplus property. At the time, it was intended that the site be used as the location of a large radar transmitter in connection with a meteor radar research proposal of the Department of Electrical Engineering. Because it appears that this site will not be used for this purpose by the Department, the Vice President for Planning and Allocation now recommends that title to the property be returned to the United States Government. In order to accomplish this transfer, I recommend that the following resolution be adopted. Resolution Authorizing Reconveyance of Chanute Radio Beacon Annex Property to United States Government WHEREAS,_ The Board of Trustees of the University of Illinois at a meeting of its Executive Committee held on August 17, 1971, authorized the acceptance of title from the United States Government under the provisions of the Federal Property^ and Administrative Services Act of 1949 (63 Stat. 377), as amended, to the hereinafter described property, formerly known as Chanute Radio Beacon Annex site, and which property had been declared surplus and eligible for transfer under said Act for educational use, including research, at a public benefit allowance of fifty to one hundred per cent; and WHEREAS the Deed of Conveyance provided for title to be conveyed at a one hundred per cent public benefit allowance and thereby at no monetary cost to this public corporation upon the condition that the property for a period of thirty years be utilized continuously for educational purposes as set forth in the application of this public corporation and in the event of noncompliance title should revert to the United States Government; and WHEREAS, funds have not become available for the educational research project for which this public corporation acquired said property and it is deemed advisable to voluntarily reconvey title to said property;
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