Repository: UIHistories Project: Board of Trustees Minutes - 1938 [PAGE 41]

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1936]

UNIVERSITY OF ILLINOIS

39

Public Welfare, approved on March 11, 1932 (Minutes, April 20, 1932, page 562), shall be of no force or effect.

PURCHASE OF PROPERTY ON SOUTH GOODWIN AVENUE (34) On July 10, 1936 (Minutes, page 2 ) , the Board authorized the purchase of the property at 203 South Goodwin Avenue, Urbana, at a price of not to exceed $6,500, and an assignment of this amount was made from the General Reserve Fund. T h e Director of the Physical Plant Department reports that this property has been purchased for $6,000, the University to pay the 1936 taxes which amount to approximately $100, and the title is now in the University.

This report was received for record and the unused portion of the appropriation was lapsed into the General Reserve Fund.

PAVING PROJECTS IN URBANA (35) T o supplement the report presented at the meeting on July 10, 1936 (Minutes, page 2 ) , the Director of the Physical Plant Department submits the following estimates of the costs of paving projects which are under consideration by the City of U r b a n a : University's Total Cost Skare Repaying Nevada from Lincoln to Mathews Avenue..$25 000 00 ? 5 000 00 Repaving Springfield Avenue from Wright to Goodwin and Romine from Springfield to Main Street 27 000 00 18 000 00

This report was received for record.

AGREEMENT W I T H ILLINOIS POWER A N D LIGHT CORPORATION FOR GAS SERVICE (36) T h e University is purchasing gas from the Illinois Power and Light Corporation under an industrial rate authorized by the Board of Trustees on September 26, 1933 (Minutes, page 375). This rate has resulted in a material saving in the cost of gas for use in the various laboratories compared with the previous cost of this service. The Illinois Power and Light Corporation has submitted a new proposal for rates on the industrial meters. T h e present and proposed rates are as follows: Present Gas Rate First 1000 therms in any m o n t h . . . 8.off Second 1000 therms in any month. All over 2000 therms in any month 3-5* Annual minimum charge per meter Eiooo Proposed Gas Rate First 500 therms in any month Next 9,500 therms in any month Next 10,000 therms in any month All over 20,000 therms in any month Monthly minimum charge per meter 10.o(! 3.5^ 2. 5)4 2.0^ $75 (Jooo a year)

T h e advantage of the proposed rates is that the annual minimum charge is reduced. T h e Physical Plant Department plans to add the Old Agricultural Building and the Addition to the Mining and Metallurgical Laboratory to the industrial meters, thus increasing the industrial load with the possibility of eliminating the premium the University is now paying to meet the annual charge. Although the saving will probably be small, the Director of the Physical Plant Department believes that it is to the University's advantage to accept the new proposal and he so recommends.

On motion of Mr. Barrett, this proposal was accepted.