Repository: UIHistories Project: Board of Trustees Minutes - 1938 [PAGE 312]

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BOARD OF TRUSTEES

[July 16

authorized. This means an increase in contracts, as approved by the Board on June 9, as follows: Ritter Dental Manufacturing Co.—For special cabinet units: Add $1,529, making a total of $65,579. fc& S. S. White Dental Manufacturing Co.—For dental chairs: Add $525, making a total of $7,678.11. These additional amounts, which total $2,054, are to be met from the item of $59,970 for movable equipment for the College of Dentistry in the tentative budget as shown in the Board Minutes for June 9, 1937, page 287. I have authorized the necessary increases in the above contracts and request confirmation of my action.

On motion of Mr. Mayer, the action of the President of the University was confirmed.

FURNITURE AND FURNISHINGS FOR SECOND U N I T O F MEDICAL AND DENTAL COLLEGE LABORATORIES BUILDING (20) The Director of the Physical Plant Department submits schedules of bids received on June 15 for furniture and furnishings for the second unit of the Medical and Dental College Laboratories Building, which are presented herewith and given to the Secretary of the Board for record. He recommends the award of contracts to the low bidders as follows: 1. Classroom Chairs—Heywood-Wakefield Company $1 484 41 2. Amphitheatre Seating—American Seating Company 1 169 54 3. Tables—Marshall Field & Company 595 00 4. Chairs, Benches, Costumers—Marshall Field & C o m p a n y . . . 1 725 00 5. Desks—Horder's, Incorporated 72 00 6. Davenports and Chairs—Marshall Field & Company 244 25 7. Rest Room Furniture—Newton-Hoit Furniture C o m p a n y . . . 470 10 8. Mirrors—Pittsburgh Plate Glass Company 1 846 00 9. Stands—Newton Hoit Furniture Company 1560 10. Draperies—Newton Hoit Furniture Company 295 00 11. Window Shades—Marshall Field & Company 809 00

On motion of Mrs. Plumb, the contracts were awarded to the low bidders as recommended above. At this point Dr. Meyer left the meeting.

STATUS OF EXPENDITURES ON MEDICAL A N D DENTAL BUILDING (21) The Director of the Physical Plant Department reports that as of June 30, 1937, there was an unencumbered balance of $41,000 in the fund for the construction of the second unit of the Medical and Dental College Laboratories Building. The Public Works Administration requested payment of the interest on the bonds from this fund, it being stipulated in the indenture that interest due prior to the completion date must be paid from the construction fund. This payment of $21,856.37 has since been made and has reduced the balance t o approximately $20,000. There are in process, or contemplated, expenditures totaling approximately $28,500, which would have left a contingent fund of approximately $12,000, if it had not been necessary to pay the interest on the bonds from the construction fund. The Comptroller has suggested a method which would make funds available for these expenditures in the University of Illinois Foundation "Revenue F u n d " in an amount equal to that paid from the construction fund. Accordingly he and the Director of the Physical Plant Department recommend t h a t : (1) The payment of operation and maintenance expenditures on the second unit, not to exceed $21,856.37, from the Foundation Revenue Fund be authorized; (2) The Physical Plant Department operation and maintenance appropriation be reduced by this same amount; (3) An appropriation of this amount be made from the General Reserve Fund for improvements and equipment in the second unit of the Medical and Dental College Laboratories Building.

On motion of Mr. Moschel, this payment and adjustment were