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Caption: Board of Trustees Minutes - 1986
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586 BOARD OF TRUSTEES [June 12 EXECUTIVE SESSION President Shepherd, referring to Section Two of the Open Meetings Act, stated: "A motion is now in order to hold an executive session to consider information regarding the appointment, employment, or dismissal of employees or officers, to discuss pending, probable, or imminent litigation, the acquisition of real property, and to discuss campus security." The motion was made by Mr. Logan and approved unanimously. EXECUTIVE SESSION, JUNE 11, 1986 The Board of Trustees met in executive session beginning at 2:00 p.m. All members of the board were present with the exception of Mr. Forsyth, Mr. Howard, and Governor Thompson. Report on Self-Insured Liability Program Vice President Bazzani presented an analysis of the University's experience over the past decade with a self-insured liability program, its cost, and the nature of claims against it. In the latter instance, it was clear that the dominant portion of claims and settlements is in the area of medical practice. The report covered the range of individuals and groups within the University covered by the plan; the limits of that coverage; and the program's general operating procedures. A difficulty to be anticipated is the uncertainty that the "re-insurance" portion of coverage, hitherto available, can be purchased in the future. The terms of such coverage have been advantageous to the University, less so to the insurer. (A written report was sent to the trustees in advance of the meeting and a copy has been filed with the secretary.) Trustee Hahn asked for information comparing claims at the University of Illinois Hospital with other teaching hospitals at comparable institutions. A survey along these lines is underway and will be sent to the trustees. [The executive session adjourned at approximately 3 p.m., the members of the board then reconvening into meetings of the Finance and Audit Committee and the Committee of the Whole. In the first meeting, the committee received current information on financial affairs at the University of Illinois Hospital at Chicago; and in the latter, an analysis by the staff of the vice president for business and finance of the fiscal health of the State Universities Retirement System. (Copies of the study were sent in advance to the trustees and a copy is filed with the secretary of the board for record.)] EXECUTIVE SESSION, JUNE 12, 1986 The board again convened in executive session at 8:20 a.m. with all members present except Mr. Howard and Governor Thompson. Authorization to Acquire Property at 1105-1107 West Stoughton Street, Urbana (1) The owners of the property at 1105-1107 West Stoughton Street, Urbana, recently agreed to sell and possession is to be delivered on July 1, 1986. The contract purchaser is a developer who has advised University representatives that he intends to build an apartment building on the land. The property consists of two single-story houses on 13,200 square feet of land; it is required for a future building site in accord with the approved north campus roaster plan and is located within the approved boundary established by the Board of Trustees on May 8, 1986.
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