Repository: UIHistories Project: Board of Trustees Minutes - 1914 [PAGE 104]

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102

UNIVEESITY OF ILLINOIS;

[August 23,

Item No. 1. Deduction for omission of all benches and heating except in section IB. Item No. 2. Deduction for, omission of superstructure of section 1A. Item No. 3. Figure for erection of superstructure of section 1A for acceptance next spring. Foley Mfg. Lord & Co. Burnham. Unit price per sq. ft. for superstructure exclusive of glass. . . . 29.1c 29.0c Unit price per sq. ft. of glass 12.6c 12. 6c Total glass area figured on sq. ft 18,571 17,841 Difference in favor of Foley, sq. ft 730 18,571 18,571 Difference in price for extra glass area at Lord & Burnham's unit price r=730X41.6c=303.68 Lord & Burnham figure with same glass area as Foley Mfg. Co. figured on $7,454 87 Foley's bid oh this glass area ,. 7,390 00 It was voted to approve the recommendation of the supervising architect, and to authorize the officers of the board to sign a contract with the Foley Manufacturing Company on their bid of $9,090, deferring the construction of the east greenhouse section (which is bid upon separately in Item 3), and further reserving the right to cancel that portion of the construction, provided funds are not available for it. PROGRESS ON BUILDINGS. Professor White made a statement also in regard to the status of the work on the Armory, and the progress being made on the plans for the Stock Judging Pavilion. MATTERS PRESENTED BY T H E PRESIDENT OF T H E UNIVERSITY. President James presented the following matters for consideration: CONTRACT FOR T H E PAVING OF LINCOLN AND MICHIGAN AVENUES. (1) The following contract for execution by the Board of Trustees to secure the payment of the assessment for the construction of the local improvements on Lincoln Avenue, Michigan Avenue, and Orchard Street in the city of Urbana: ' WHEREAS., On petition of various property owners and of the University of Illinois, an ordinance has been duly passed by the city council of Urbana, 111., and proceedings had in the County Court pursuant thereto, and special and general tax levied, all for the construction of the local improvement of Lincoln Avenue* Michigan Avenue, and Orchard Street; in said city of Urbana, by paving, grading, curbing, guttering, draining, etc.; and WHEREAS,, By the judgment of the County Court of Champaign County, 111., there.has been specially taxed against the property of the University of Illinois the aggregate principal amount of six thousand six hundred forty-two dollars and seventy-three cents ($6,642.73), divided into installments payable annually, the first installment being for the principal sum of seven hundred thirty-four dollars and forty-one cents ($734.41),' and each of the nine succeeding installments for the principal sum of six hundred fifty-six dollars and forty-eight cents ($656.48) ; and WHEREAS, Upon notice to that end, bids were received and contract for the construction of said improvement has been awarded to John W. Stipes, contractor, by the Board of Local Improvements of said city, and said contractor is about to enter upon the execution of said contract and the construction of said improvement pursuant to said ordinance; and WHEREAS, It is desired to fully secure, and validate the issue of bonds as provided by the ordinance for said improvement, the proceeds of which are to be used to defray the cost and expense of said improvement and the lawful expenses incident thereto; Nowj therefore, In consideration of the benefits to be received by the real estate and property of the University of Illinois from the construction of said improvement, the said University of Illinois, by its duly authorized officers and trustees, does hereby agreed to pay to the city collector Or other proper officer of the city of Urbana, 111., the sums shown on the assessment roll specially taxed against said University of Illinois, together with five per cent (5%> interest on the deferred installments thereof, amounting in the aggregate to the principal sum of six thousand six hundred forty-two dollars and seventy-three cents ($6,642.73), the first installment of which is for the principal sum of seven hundred thirty-four dollars and forty-one cents ($734.-4l^^aridreach: of^ the" nine