Repository: UIHistories Project: Board of Trustees Minutes - 1988 [PAGE 102]

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92

BOARD O F TRUSTEES

[September

11

A schedule of the firm's hourly rates has been filed with the secretary of the board for record. Funds for this project are being provided from private gift funds through the University of Illinois Foundation and from funds appropriated by the State of Illinois. I concur in this recommendation. O n motion of Miss Smith, this recommendation was approved by the following vote: Aye, Mrs. Day, Mr. Forsyth, Mrs. Gravenhorst, Mr. Howard, Mr. Logan, Mr. Madden, Mrs. Shepherd, Miss Smith; no, none; absent, Governor Thompson. (Mr. H a h n asked to be recorded as not voting.) (The student advisory vote was: Aye, Mr. Filip, Mr. Starkeson; no, none.) Lease of Space for Educational Assistance Program and Upward Bound, Chicago (34) The chancellor at Chicago has recommended approval of a lease with Westgate Associates, owner of the 400 South Green Street Loft Building, Chicago, for 8,500 square feet of space for the period December 1, 1986, through December 31, 1991. The space will provide offices for the administration and staff of the Educational Assistance Program and Upward Bound Program. The lease will be at a base rate of $80,325 per year, an annual unit cost of $9.45 per square foot, subject to an annual increase of 5 percent. The base rate includes janitorial services and all utilities except electrical services. The lessor will remodel the space to the specifications of the University at the standards of the lessor and at his expense. The programs now are housed in the Science and Engineering Office Building and must relocate to provide for the College of Engineering and the Department of Mathematics. A search of campus space has failed to identify any suitable options. Funds are available in the campus operating budget authorization for Fiscal Year 1987. The vice president for business and finance recommends approval. I concur. O n motion of Miss Smith, this recommendation was approved by the following vote: Aye, Mrs. Day, M r . Forsyth, Mrs. Gravenhorst, Mr. H a h n , M r . Howard, Mr. Logan, Mr. Madden, Mrs. Shepherd, Miss Smith; no, none; absent, Governor Thompson. ( T h e student advisory vote was: Aye, Mr. Filip, Mr. Starkeson; no, none.) Purchases (35) The president submitted, with his concurrence, a list of purchases recommended by the directors of purchases and the vice president for business and finance; also purchases authorized by the president. The purchases were presented in two categories: purchases from appropriated funds (i.e., from State appropriations to the University); and purchases from institutional funds. The latter term designates funds received by the University under contracts with the United States government, private corporations, and other organizations; grants from foundations, corporations, and other donors; and University revolving funds authorized by law.