Repository: UIHistories Project: Board of Trustees Minutes - 1982 [PAGE 536]

EXTRACTED TEXT FROM PAGE:

1982]

UNIVERSITY OF ILLINOIS

525

Oil and Gas Lease, Matagorda and Brazoria Counties, Texas

(16) T h e University has a 4 percent mineral interest in a 344-acre tract of land located in Texas acquired as part of the Robert Wood Keeton and Emily A. Keeton gifts. This tract appears to have potential for oil and gas production. T h e Davis Oil Company of Houston, Texas, has offered a three-year oil and gas lease for the tract at $250 paid-up bonus per acre and $25 rental per acre. T h e lease provides for the company to pay a one-fifth royalty for oil and gas produced. The executive vice president has recommended that the University enter into the lease as described. I concur.

On motion of Dr. Donoghue, this recommendation was approved. By consensus, the board agreed that one roll call vote would be taken and considered the vote on each agenda item nos. 17 through 22 inclusive. The recommendations were individually discussed but acted upon at one time. (The record of board action appears at the end of each item.)

Contract for Installation of Coaxial Cable Network, Chicago Circle

(17) T h e president of the University, with the concurrence of the appropriate administrative officers, recommends the award of a contract for $33,708 to Bernard N . Lane Company, an Illinois corporation, acting through its Monarch Electric Construction Co., Chicago Division, for the installation of an academic/administrative coaxial cable network for fourteen buildings at the Chicago Circle campus. Lane is the low bidder on its base bid plus acceptance of additive alternate rids. 1, 2 and 3. A schedule of the bids received has been filed with the secretary of the board for record. Funds are available in the institutional funds budget of the Chicago Circle Computer Center. The Computer Center serves some of the academic computing needs in Chicago. Computers throughout the campus are interconnected to the Computer Center and to various terminals over leased telephone lines. This project would replace certain leased equipment and expand the computer network by installing a cable system. This will increase computer flexibility and user services, eliminate certain telephone line and instrument rental charges for computer use, and allow future expansion for business and administrative use. T h e cable network system will be used by University faculty, administrative personnel, and students.

On motion of Mr. Madden, this contract was awarded by the following vote: Aye, Dr. Donoghue, Mr. Forsyth, Mr. Hahn, Mr. Howard, Mr. Madden, Mrs. Shepherd, Mr. Stone; no, none; absent, Mrs. Day, Mr. Neal, Governor Thompson. (The student advisory vote was: Aye, Mr. Bandala, Mr. Bettenhausen, Mr. Persons; no, none.)

Contractors' Fees for Minor Building Alterations, Repairs, and New Construction Work, Chicago Campuses

(18) On May 2 1 , 1981, the Board of Trustees approved the award of cost-plus contracts for minor building alterations, repairs, and new construction work at the Chicago campuses for the fiscal year ending on June 30, 1982, with an option to extend these contracts from July 1 through June 30, 1983, under the same terms and conditions.