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Caption: Board of Trustees Minutes - 1982
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212 BOARD OF T R U S T E E S [March 19 cellor at Urbana-Champaign concurs in this recommendation and requests that the comptroller and the secretary be authorized to execute the lease as described. The executive vice president recommends approval. I concur. On motion of Dr. Donoghue, this recommendation was approved and authority was given as recommended. Oil and Gas Lease, Saline County (23) T h e University owns a small experimental field near Raleigh, Illinois, in Saline County. The tract was a gift from community subscribers in 1909 and has been used by the College of Agriculture as an experimental tract for agronomic and forestry research. T h e tract of approximately fifteen acres appears to have potential for oil production. Tri-Star Producing Co., Inc., Springfield, has offered a six-month oil and gas lease for the tract at $30 per acre plus a $1,000 location fee, payable prior to drilling. The lease provides for the company to pay the standard one-eighth royalty for oil or gas produced and to return the land to near present condition when it vacates the land. The dean of the College of Agriculture has determined that the lease will not interfere with the present or anticipated use of the tract. All lease fees and any royalties received will be used in support of the agricultural operations activity. T h e chancellor at Urbana-Champaign recommends that the University enter into the lease as described. The executive vice president concurs. I recommend approval. On motion of Dr. Donoghue, this recommendation was approved. Purchase of Computerized Integrated Administrative System by the Athletic Association, Urbana (24) T h e Board of Directors of the Athletic Association of the University of Illinois at Urbana-Champaign in January 1981, approved the use of $110,000 from the association's unappropriated surplus to purchase from Paciolan Systems, Inc., of California, a mini-computer and customized software systems for handling the functions of ticketing, grants-in-aid, accounting, and payroll. This amount will also cover the cost of initial installation and training. This transaction for computer equipment is exempt from sealed bid requirements. The chancellor at Urbana-Champaign has recommended approval of this transaction. The executive vice president concurs. I recommend approval. On motion of Dr. Donoghue, this recommendation was approved. Contract for Electronic Scoreboard for Memorial Stadium, Urbana (25) At its February 19, 1981, meeting, the Board of Trustees approved the solicitation of bid proposals to furnish and install in Memorial Stadium, at no direct cost to the University, an electronic scoreboard with provision for carrying advertising messages and displays. Bids have now been received which would allow the scoreboard to be installed and ready for use on or before August 19, 1981, one month prior to the first 1981 home football game. Under the terms of the bid documents, the vendor would furnish and install the scoreboard and maintain it for a period of ten years. Title would pass to the University upon installation, but during the ten-year period the vendor may sell scoreboard messages and space for advertising. Not more than four illuminated panels, each with one advertiser, would be available for permanent advertising. Message advertisers on the display would be entitled to two thirty-second messages
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