Repository: UIHistories Project: Board of Trustees Minutes - 1984 [PAGE 154]

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1983]

UNIVERSITY OF ILLINOIS

145

Hanson Engineers, Inc., has now identified four alternative schemes to strengthen and stiffen the existing structural steel frame and has recommended that a computer-modeled dynamic analysis be performed by a consultant to analyze the Stadium structure to determine the dynamic effects of the application of the most appropriate alternative corrective schemes. They have received a proposal for such a dynamic analysis from Agbabian Associates, El Segundo, California, at a fixed fee of $29,000 for an analysis of the existing structure, plus an additional amount of $12,500 for the analysis of each alternate. It is contemplated that at least two of the schemes will be analyzed, making the estimated total consultant fee $54,000. Accordingly, the president of the University, with the concurrence of the appropriate administrative officers, recommends that the contract with Hanson Engineers, Inc., be amended to provide for reimbursement for the employment of Agbabian Associates as its consultant for the estimated amount of $54,500.

O n motion of Miss Forsyth, this recommendation was approved by the following vote: Aye, Mrs. Day, Dr. Donoghue, Mr. Forsyth, Mr. Howard, Mr. Logan, Mr. Madden, Mrs. Shepherd, Mr. Stone; no, none; absent, Governor Thompson. (Mr. H a h n asked to be recorded as not voting.) (The student advisory vote was: Aye, Mr. Bandala, Mr. Cobb, Miss Forsyth; no, none.) Sublease with Centaur Genetics Corporation for Space in the 2020 West Ogden Avenue Building, Chicago

(29) On July 29, 1982, the Board of Trustees authorized an agreement to lease from the University of Health Sciences/The Chicago Medical School property including a building of 87,360 net square feet located at 2020 West Ogden Avenue, Chicago. The leased facilities will permit the University to establish a high technology center to provide an environment for new industries for the purpose of research and development in the areas of health care, agriculture, electronics, and bioengineering, and the production of medically related items. It is anticipated that funds for the acquisition of the property will be included in the Medical Center Commission's budget for FY 1984, and that the facility would be transferred to the University by the commission. Negotiations have been in process for several months with Centaur Genetics Corporation, Chicago, 1 for its initial sublease of approximately 6,500 square feet at an initial annualized rental rate of $6.00 per square foot for the balance of the University's current lease term. Credit would be given for permanent improvements made by the sublessee with the University's prior approval. These negotiations are incomplete, but nearing finalization. In order to provide for the tenant's occupancy at the earliest date, the president of the University, with the concurrence of the appropriate administrative officers, recommends that, subject to any required approval by the University's lessor or the commission, the comptroller and the secretary of the board be authorized to execute an agreement to sublease space to Centaur Genetics Corporation upon the above terms and conditions and such other terms as may be consistent with the University's program. O n m o t i o n of Miss F o r s y t h , a u t h o r i t y w a s given as r e c o m m e n d e d by t h e following v o t e : A y e , M r s . D a y , D r . D o n o g h u e , M r . F o r s y t h , M r . H a h n , Mr. Howard, Mr. Logan, Mr. Madden, Mrs. Shepherd, Mr. Stone; no, n o n e ; absent, Governor 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 : A y e , M r . B a n d a l a , M r . C o b b , Miss Forsyth; no, none.) 'Two University employees own, collectively, less than 5 percent of the stock in Centaur.