Repository: UIHistories Project: Board of Trustees Minutes - 1980 [PAGE 365]

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354

BOARD OF TRUSTEES

[July 18

versity of Illinois, Champaign-Urbana, Illinois, a formal Grant Offer pursuant to the Application for Federal Assistance of the Board of Trustees of the University of Illinois, Champaign-Urbana, Illinois, submitted to the Federal Aviation Administration, dated May 24, 1979, all as hereinbelow set forth, and all relating development of University of Illinois—Willard Airport, the same bearing ADAP Project Number 6-17-0016-05; and Whereas, pursuant to and for the purpose of carrying out the provisions of the Airport and Airways Development Act of 1970 (Act of May 31, 1970, 84 Stat. 219; as amended by Act of November 27, 1971, 85 Stat. 4 9 1 ; Act of June 18, 1973, 87 Stat. 8 8 ; and Act of July 12, 1976, 90 Stat. 871), it is necessary that said Grant Offer be duly and formally accepted by the Board of Trustees of the University of Illinois, Champaign-Urbana, Illinois; and Whereas, such Grant Offer and such Acceptance thereof, duly executed, together shall constitute the Grant Agreement between the Board of Trustees of the University of Illinois, Champaign-Urbana, Illinois, and the United States relating to said airport development project, a n d ; Whereas, the said Grant Offer is in the words, figures, and form following: Part I — Offer Date of Offer University of Illinois-Willard Airport Project No. 6-17-0016-05 Contract No. DOT-FA79-GL-7987 T h e Board of Trustees of the University of Illinois and the State of Illinois, Department of Transportation, Division of Aeronautics, Co-Sponsors (herein referred to as the "Sponsor") F R O M : The United States of America (acting through the Federal Aviation Administration, herein referred to as the "FAA") Whereas, the Sponsor has submitted to the FAA a Project Application (herein called an Application for Federal Assistance) dated May 24, 1979, for a grant of Federal funds for a project for development of the University of Illinois-Willard Airport (herein called the "Airport"), together with plans and specifications for such project, which Application for Federal Assistance, as approved by the FAA is hereby incorporated herein and made a part hereof; and Whereas, the FAA has approved a project for development of the Airport (herein called the "Project") consisting of the following-described airport development: TO:

Install Apron Floodlights

all as more particularly described in the property map and plans and' specifications incorporated in the said Application for Federal Assistance. Now Therefore, pursuant to and for the purpose of carrying out the provisions of the Airport and Airway Development Act of 1970, as amended (49 U.S.C. 1701 et seq.), and in consideration of (a) the Sponsor's adoption and ratification of the representations and assurances contained in said Application for Federal Assistance, and its acceptance of this Offer as hereinafter provided, and (b) the benefits to accrue to the United States and the public from the accomplishment of the Project and the operation and maintenance of the Airport as herein provided, T H E FEDERAL A V I A T I O N A D M I N I S T R A T I O N , F O R AND O N BEHALF O F T H E U N I T E D S T A T E S , HEREBY O F F E R S AND AGREES to pay, as the United States share of the allowable costs incurred in accomplishing the Project, 80 percentum thereof. This Offer is made on and subject to the following terms and conditions: 1. T h e maximum obligation of the United States payable under this Offer shall be $49,600.