Repository: UIHistories Project: Board of Trustees Minutes - 1988 [PAGE 133]

EXTRACTED TEXT FROM PAGE:

1986]

UNIVERSITY OF ILLINOIS

123

On motion of Mr. Logan, this recommendation was approved by the following vote: Aye, Mrs. Day, Mr. Forsyth, Mrs. Gravenhorst, Mr.

H a h n , Mr. Howard, Mr. Logan, Mr. Madden, Mrs. Shepherd, Miss S m i t h ; n o , n o n e ; absent, G o v e r n o r T h o m p s o n . ( T h e s t u d e n t advisory v o t e w a s : Aye, M r . Filip, M r . Starkeson; no, none.)

Exchange of Land for the College of Agriculture, Jasper and Fayette Counties

(2) The College of Agriculture presently owns 29.5 acres of agricultural land in Jasper County near Newton. Another parcel, the Brownstown Agronomy Research Center, in Fayette County near Brownstown, is operated as an experimental research field on 160 acres of land owned by the University and on a contiguous 40-acre tract of leased land. To ensure the continued availability of the land now leased, the college is proposing to exchange the Newton field for the tract of leased land at Brownstown. An option to purchase has been secured on the Brownstown field at an acquisition cost of $50,000. Presently, the University is in the process of soliciting offers from a number of potential purchasers of the Newton field with whom the exchange would be accomplished. In order to meet the time schedule requested by the seller of the Brownstown tract, and to accomplish an equivalent exchange, it may be necessary to receive approval to consummate the exchange prior to the January meeting of the board. Accordingly, 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 necessary agreements to accomplish the exchange of land provided that the exchange is for approximately equivalent values. O n m o t i o n of M r . L o g a n , this r e c o m m e n d a t i o n w a s approved by the following v o t e : Aye, M r s . D a y , M r . Forsyth, Mrs. Gravenhorst, M r . H a h n , M r . H o w a r d , M r . L o g a n , M r . M a d d e n , Mrs. Shepherd, Miss S m i t h ; n o , n o n e ; absent, Governor T h o m p s o n . ( T h e student advisory v o t e w a s : Aye, M r . Filip, M r . Starkeson; n o , none.)

Chicago Housing and Commons

This project has been delayed, due to the bankruptcy of the contractor (Klein Construction Co.), and the University has been in discussion with the bonding company. Mr. Higgins reported that the bonding company is cooperating and will make every attempt to complete the project. It has employed a consultant and will identify a general contractor to complete the work with the presentlyassigned subcontractors. He expressed optimism that the project could be back on schedule by January 1, 1987.

Other Matters

At President Ikenberry's request, brief reports were presented on the following subjects: on the financial status of the University Hospital and notice of possible litigation with regard to services of the Division of Services for Crippled Children (which is administered under the University of Illinois). An agenda item at the current meeting is rules recommended as "program content and guidelines" for the division.