Repository: UIHistories Project: Board of Trustees Minutes - 1942 [PAGE 64]

EXTRACTED TEXT FROM PAGE:

1940]

UNIVERSITY OF ILLINOIS

6l

tion was necessary because it was felt that the bonds could not be marketed if a lease were employed. Instead of a lease an Operating Trust Agreement was prepared, which from the point of view of the Legal Counsel is a substitute for and an equivalent of the lease in all material respects. An attempt has been made to sell the bonds without an opinion from Chapman and Cutler to the Northwestern Mutual Life Insurance Company of Milwaukee. Present indications are that this Company will take the entire issue. Should it decline to do so and should Charles K. Morris and Company fail to sell the bonds elsewhere, it may be necessary to accept the offer of the Connecticut Mutual Life Insurance Company to finance this construction through a loan. This method of financing would cost between $5,000 and $6,000 more than the offer of Charles K. Morris and Company.

This report was received for record.

DISABILITY COMPENSATION FOR F. A. LINDGREN (42) F. A. Lindgren, Assistant in the Photographic Laboratory, was retired effective May I, 1940, with an annual retiring allowance of $517 on account of physical disability (loss of eyesight) under the rules of the Board. The Committee on Accident Compensation has also been investigating this case to determine whether he is entitled to compensation due to loss of eyesight while in the employ of the University. The Committee has completed its investigation and submits a report which is summarized as follows: 1. Mr. Lindgren entered the service of the University in April, 1923. Not long thereafter he began to have trouble with his eyes which continued with increasing severity until in 1932 it was necessary to have one eye removed. At the time of his retirement he was reported by examining physicians to be "industrially blind." 2. Reports of the University Health Officer and attending physicians justify the conclusion that at least a part and perhaps all of this eyesight deficiency arose from the work which Mr. Lindgren was required to do and the conditions under which it was performed. 3. After reviewing these reports and carefully considering the case, the Committee on Accident Compensation concluded that Mr. Lindgren should be compensated for the complete loss of one eye. Under the provisions of the Workmen's Compensation Act, this would mean compensation at the rate of $15 per week for not to exceed 120 weeks. This would be in addition to his retiring allowance. 4. Mr. Lindgren has expressed willingness to accept this settlement and to release the University and the State of Illinois from any further liability. The Committee recommends, and I concur, that this compensation be authorized by the Board of Trustees effective May 1, 1940, when he was retired from active service, and to continue during his lifetime or until a period of 120 weeks has expired, subject to the execution of a release of the University and the State of Illinois from any further liability. These payments will be made from the provision in the budget for Injuries to Employees.

On motion of Mr. Cleary, this compensation was authorized under the conditions set forth in the President's recommendation.

APPROPRIATION FOR PARKING AREA AT LIBRARY (43) As the Board has been advised on previous occasions there is a need for more automobile parking areas on the campus. There is an area immediately west of the Library which will provide parking facilities for approximately one hundred cars. T h e Physical Plant Department estimates that the cost of surfacing it, using cinders with an asphalt top, and constructing curbs is $2,690. This cost could be reduced by $1,000 by the omission of the concrete curbs and substitution of a hedge planting to mark the boundary. This would probably result in less efficient use of this space, because it would not be possible to mark individual