Repository: UIHistories Project: Board of Trustees Minutes - 1994 [PAGE 197]

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1995]

UNIVERSITY OF ILLINOIS

185

Development Board to employ architects and engineers as indicated below for capital projects for Fiscal Year 1995 at the College of Medicine at Rockford and at the Urbana campus. The professional fee for each firm employed will be negotiated by the Capital Development Board in accordance with its procedure. Project College of Medicine — Rockford Repair Masonry and Windows Urbana Campus Flood Control Boneyard Creek Flood Control Dorner Drive Retention Basin Project Budget $ 110 000 2 880 000 Professional Firm Recommended Williams & Elliot, Rockford Berns, Clancy and Associates, Urbana Daily and Associates Engineers, Inc., Champaign

Funds for the employment of the professional firms have been appropriated to the Capital Development Board for FY 1995.

On motion of Dr. Gindorf, this recommendation was approved by the following vote: Aye, Mr. Engelbrecht, Dr. Gindorf, Mrs. Gravenhorst, Mr. Lamont, Ms. Lopez, Mrs. O'Malley, Ms. Reese; no, none; absent, Dr. Bacon, Mrs. Calder, Governor Edgar. (The student advisory vote was: Aye, Mr. Didato-Castillo, Mr. Rose; no, none.)

Lease of Space, College of Medicine, Peoria

(14) The chancellor at Chicago recommends that the comptroller be authorized to execute leases with OSF Healthcare Systems, an Illinois not-for-profit corporation, d / b / a Saint Francis Medical Center, for leased space located in the Medical Park Physicians Center (515 N.E. Glen Oak Avenue) and the Hillcrest Medical Plaza Building (420 N.E. Glen Oak Avenue) in Peoria. The leases are for the period of February 1, 1995, to June 30, 1995, and include four one-year renewal periods. The four one-year renewal periods are automatic unless the University gives 120 days' notice of its intent to not renew the leases. Five office suites totaling 10,014 rentable square feet will be leased for an initial five-month term at an annual rate of $149,352 ($14.92 per square foot). The rental payments for the initial term will be $62,230. In each subsequent fiscal year, the rent will be subject to an annual escalation based on reasonable increases in the landlord's costs, with a cap of 4 percent per year. All other expenses are the responsibility of the landlord. The leased space will house clinical operations of the Departments of Surgery, Obstetrics/Gynecology, and Pediatrics, and the administrative offices of the Department of Surgery. Funds are available in the restricted funds operating budget of the College of Medicine for Fiscal Year 1995. Funds for FY 1996 and each annual renewal period will be included in the College of Medicine's Operating budget. The annual renewals are subject to the availability of funds. The vice president for business and finance recommends approval. I concur.

On motion of Dr. Gindorf, this recommendation was approved by the following vote: Aye, Mr. Engelbrecht, Dr. Gindorf, Mrs. Gravenhorst, Mr. Lamont, Ms. Lopez, Mrs. O'Malley, Ms. Reese; no, none; absent, Dr. Bacon, Mrs. Calder, Governor Edgar.