Repository: UIHistories Project: Board of Trustees Minutes - 1994 [PAGE 87]

EXTRACTED TEXT FROM PAGE:

1994]

UNIVERSITY OF ILLINOIS

75

Funds for the lease are available in the operating budget of the College of Agriculture (from several income-producing farm accounts), from private gift funds, and from institutional funds.

On motion of Mr. Grabowski, these recommendations were approved by the following vote: Aye, Mr. Boyle, Mrs. Calder, Dr. Gindorf, Mr. Grabowski, Mrs. Gravenhorst, Mr. Lamont, Ms. Lopez, Ms. Reese; no, none; absent, Dr. Bacon, Governor Edgar. (The student advisory vote was: Aye, Mr. Didato-Castillo, Mr. Rose; no, none.)

Exchange of Land for the College of Agriculture, Urbana

(30) In 1965, the Board of Trustees requested that the University of Illinois Foundation acquire the Cruse farm as a future site for relocation of the College of Agriculture's agronomy farms and to lease the land to the University until funds are available to acquire the land. The Cruse land is located in Champaign County adjacent to the South Farms research fields. The University acquired portions of the land from the Foundation in 1971 (59.1 acres) and 1979 (131.15 acres) at the original purchase price of $3,050 per acre. The University continues to lease the remaining 108 acres owned by the Foundation. The college is requesting that three small tracts of land, formerly used as experiment fields but no longer required, be exchanged for additional Cruse farm land. The tracts are located in Edwards County near West Salem (24 acres), in Saline County near Raleigh (15 acres), and in White County near Enfield (20 acres), and are valued at approximately $50,000 in total. The tracts will be traded for a proportional interest in the Foundation's remaining portion of the Cruse farm based upon the original purchase cost. The exchange will eliminate the responsibility of maintaining small remote tracts and reduce the annual rental cost for the Cruse land. Accordingly, the president of the University, with the concurrence of the appropriate administrative officers, recommends that the University request the Foundation to complete the exchanges as outlined above.

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

Authorization for Settlement

(31) The university counsel recommends that the board approve settlement of Price v. State of Illinois, et al. in the amount of $475,000. The plaintiff alleges that the defendants performed only a coronary artery bypass procedure and failed to perform surgery upon the carotid artery of Gloria Price even though medical records indicated that she was in imminent danger of a stroke. Plaintiff further alleges that defendants failed to render proper follow-up care and as a result of this and the failure to perform the carotid artery surgery Gloria Price suffered a stroke on May 5, 1991, which resulted in her death. Our defense in this case focused on damages. The vice president for business and finance concurs. I recommend approval.