| |
| |
Caption: Board of Trustees Minutes - 1990
This is a reduced-resolution page image for fast online browsing.
EXTRACTED TEXT FROM PAGE:
416 BOARD OF TRUSTEES [November 14 Market Association for parking for a period of fifteen (15) years. T h e proposed lease attached to the agreement describes the circumstances under which the lease may be terminated prior to its expiration: i.e., if the Association ceases to operate for a period of thirty (30) days, relocation of more than 75 percent of the businesses constituting the Association, etc. T h e annual rent begins at $50,000, increases to $60,000 beginning in the fourth year and thereafter is automatically increased annually by 50 percent of the Consumer Price Index. This agreement with the Association provides for the South Water Market Association's full support of and cooperation with the University's east campus land acquisition program. No new staff or funding resources are required. T h e chancellor at Chicago recommends that the agreement, as set forth above, be approved. T h e vice president for business and finance concurs. I recommend approval. On motion of Mr. Boyle, this recommendation was approved by the following vote: Aye, Dr. Bacon, Mr. Boyle, Mrs. Calder, Mr. Grabowski, Mrs. Gravenhorst, Mr. Lamont, Ms. Reese, Mrs. Shepherd; no, none; absent, Governor Edgar, Mr. Wolff. (The student advisory vote was: Aye, Ms. Caporusso, Mr. Mitchell; no, none.) Contract with Great Lakes Medicaid, University of Illinois Hospital, Chicago (16) In May 1991, the University of Illinois Hospital contracted with Great Lakes Medicaid on a limited basis to assist the University Hospital in filing Medical AssistanceNo Grant (MANG) applications for patients needing care but unable to pay for it. T h e chancellor at Chicago has recommended that the contract be renewed for the period November 15, 1991, through June 30, 1992. Since May, the firm has demonstrated to the hospital their ability to positively collect on 99 percent of all accounts referred. Although the hospital expanded its own collection program in 1987, experience has shown that some MANGs are more effectively pursued by an outside party. T h e limited two-month contract ending June 30, 1991, generated receipts of $133,000 with expenditures of $26,600 (the latter, a fixed commission of 20 percent of collections). T h e estimated receipts for Fiscal Year 1992 are expected to be $500,000 with expected expenditures of $100,000. Collections will be received directly by the hospital and deposited in the Hospital Income Fund. Payments will be made from the same source upon receipt of the collections. T h e vice president for business and finance concurs in the recommendation. I recommend approval. On motion of Mr. Boyle, this recommendation was approved by the following vote: Aye, Dr. Bacon, Mr. Boyle, Mrs. Calder, Mr. Grabowski, Mrs. Gravenhorst, Mr. Lamont, Ms. Reese, Mrs. Shepherd; no, none; absent, Governor Edgar, Mr. Wolff. (The student advisory vote was: Aye, Ms. Caporusso, Mr. Mitchell; no, none.) Willard Airport Security and Safety Improvements, Urbana (17) Federal regulations require installation of a computer-controlled access system in the terminal building no later than 30 months following approval of the airport's
| |
