Repository: UIHistories Project: Board of Trustees Minutes - 1980 [PAGE 668]

EXTRACTED TEXT FROM PAGE:

1980]

UNIVERSITY OF ILLINOIS

657

for the School of Clinical Medicine, Urbana, during the period from July 1, 1980, to June 30, 1981, at an annual rental of $19,000. T h e rental includes the cost of complete operation and maintenance of the facilities. Funds are available in the Federal Health Professions Capitation Grant to the College of Medicine and will be included in the College's operating budget authorization request to the Medical Center campus for FY 1981 to be submitted to the Board of Trustees.

Renewal of Leases, Cooperative Extension Service

(45) The president of the University, with the concurrence of the appropriate administrative officers, recommends that the comptroller and the secretary be authorized to execute the following leases, subject to the availability of funds, for the period from July 1, 1980 through June 30, 1981, at various locations within the state to provide space for Cooperative Extension activities. T h e terms of the proposed leases are as follows: Present Proposed Lessor/Location/ Annual Payment Annual Payment Area Leased Cost/Sq. Ft./Year' CostJSq. Ft./Year3 Kane County Ext. Education Center Assn., St. Charles $14,760 $18,600 5,713 sq. ft. $2.58/sq. ft. $3.25/sq. ft. Bond County Farm Bureau, Greenville $1,836 $5,460 1,696 sq. ft. plus 800 sq. ft. nonexclusive 74^/sq. ft. $2.19/sq. ft. Calhoun County Farm Bureau, Hardin $2,400 $5,400 1,970 sq. ft. plus 1,000 sq. ft. nonexclusive 81£/sq. ft. $1.82/sq. ft. DeKalb County Farm Bureau, DeKalb $7,470 $12,450 2,490 sq. ft. plus 2,500 sq. ft. nonexclusive $1.50/sq. ft. $2.49/sq. ft. Montgomery County Farm Bureau, Hillsboro $4,482 $7,968 2,060 sq. ft. plus 1,000 sq. ft. nonexclusive $1.47/sq. ft. $2.24/sq. ft. USDA Coop. Agreement (ASCS), Oregon $6,276.28 $12,733.52 1,922 sq. ft. plus 800 sq. ft. nonexclusive $2.30/sq. ft. $4.68/sq. ft. Green County Ext. Education Building Assn., Carrollton $14,582.02 (6mos.) $28,050 3,300 sq. ft. $8.83/sq. ft. $8.50/sq. ft. Funds have been included in the appropriation bill of the General Assembly to meet the ordinary and contingent expenses of the University for FY 1981 and will be included in the County Extension Trust Fund operating budget authorization request for FY 1981 to be submitted to the Board of Trustees. Execution of the lease agreements are subject to the availability of these funds.

Lease for Regional Office, Cooperative Extension Service, Oak Brook

(46) T h e president of the University, with the concurrence of the appropriate administrative officers, recommends that the comptroller and the secretary be authorized to execute a lease, subject to the availability of funds, for the annual sum of $19,000 for 2,000 square feet at 1010 Jorie Boulevard, Oak Brook, for the period from July 1, 1980 to June 30, 1981. T h e space is for the Region Two Office of the Cooperative Extension Service and the Office of the Associate Vice President for Public Service. The unit costs reflect the use of exclusive and nonexclusive space.