Repository: UIHistories Project: Board of Trustees Minutes - 1902 [PAGE 296]

EXTRACTED TEXT FROM PAGE:

1902]

PROCEEDINGS OF THE BOARD OF TRUSTEES. CONTRACT WITH KELLY & O'BRIEN.

277

T h e C o m m i t t e e o n B u i l d i n g s a n d G r o u n d s m a d e t h e following rep o r t with r e g a r d to t h e c o n t r a c t w i t h Kelly & O ' B r i e n : URBANA, I I I . , June 10,1902. lo the Board of Trustees: Your Committee on Buildings and Grounds begs leave to report that the contract with Kelly & O'Brien, of Chicago, for the Hydraulic Laboratory, the Wood Shops, and the Gymnasium has been completed excepting a few unimportant matters and the Committee has accepted the buildings. The architect, Mr. Spencer, reports to us that the work has been well doneand that a great many delays, which occurred in construction, were largely due to difficulties in obtaining materials for construction. The contractors did a great deal of extra work owing to changes made during the construction and have made claims for a great deal of work which your committee holds is covered by the contract. Your Committee has carefully gone overall these claims and finds that the amount due the contractors for extra work is $3,441.88, and that the amount to be deducted because of changes favorable to the University is $395.84, which leaves a balance due for extra work of $3,046.04. We, therefore, recommend that you authorize your Committee and the Business Manager to settle with the contractors on the basis of $3,046.04 in addition to the contract price. Respectfully submitted,

S. A. BULLARD, F . M. MCKAY, A. F. NIGHTINGALE,

Committee on Buildings and Grounds. O n motion of Mr. S m i t h t h e r e p o r t of t h e C o m m i t t e e was adopted and t h e C o m m i t t e e was i n s t r u c t e d to settle on t h e basis of t h e report, provided t h e a m o u n t n a m e d b e received b y K e l l y & O ' B r i e n in full of all d e m a n d s . P r e s i d e n t D r a p e r ' s bill of expenses for six m o n t h s , a m o u n t i n g to $67.10, was ordered p a i d u p o n approval b y t h e F i n a n c e C o m m i t t e e .

EXAMINATION OF TREASURER'S ACCOUNTS.

T h e F i n a n c e C o m m i t t e e m a d e t h e two following r e p o r t s w h i c h were accepted a n d ordered p r i n t e d .

URBANA, I I I . , June 9, 1902.

lo the Board of Trustees of the University of Illinois: ¥our Finance Committee beers leave to report that it has examined the accounts of E. G. Keith, Treasurer of the University of Illinois, from April 1, 1901, to March 31, 1902, inclusive, and has found the same to be correct. Mr. Keith's statement covering this period is herewith submitted, showing balance on hand at the close of business, March 31, 1902, of $51,699.81. We also submit herewith the certificate of the cashier of the Metropolitan National Bank, of Chicago, showing that Mr. E. G. Keith as Treasurer of the University of Illinois, had to his credit at the close of business, March 31, 1902, $51,699.81. We also submit a statement of notes and bonds which belong to the Univ e r s a l of Illinois, in the hands of Mr. E. G. Keith, as Treasurer of the University of Illinois, March 31, 1902. We recommend that these papers be placed on file and be printed in the proceediegs of the Board of Trustees.

F. M. MCKAY, A. F . NIGHTINGALE,

Finance Committee.