Repository: UIHistories Project: Board of Trustees Minutes - 1940 [PAGE 152]

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1938]

UNIVERSITY OF ILLINOIS

149

land, the value placed upon it by the Company is very reasonable and it would be desirable for the University to control this area. O n motion of M r s . Plumb, this matter was referred to the President of the University for investigation of the title.

PROPOSAL FOR LEASE OF UNIVERSITY PROPERTY

(15) A proposal of Mr. Peter Karos to lease the University property on the northwest corner of Harrison and Honore Streets in Chicago for a five-year period, at rentals of $150 for the first two years, $175 for the third year, and $200 for the remaining two years. This is the same property which Cook County is interested in purchasing from the University. The Physical Plant Department recommends that this proposal be rejected. I concur. Action on this matter was deferred.

PLANS A N D SPECIFICATIONS FOR POWER PLANT

(16) A recommendation that the firm of Sargent and Lundy be authorized to prepare plans and specifications for the new power plant, with a view to securing bids on at least all major equipment as soon as possible. Any contracts which might be awarded subsequent to the receipt of bids would include a provision that they are contingent on the University's receiving an appropriation from the General Assembly for a power plant. This procedure would have the following advantages: 1. The new power plant facilities would be available to the University much sooner than if the preparation of plans and specifications is deferred until an appropriation has been received. 2. By securing bids in the near future the University can take advantage of the low price level now existing, even though it may be necessary to pay a small premium to obtain the cancellation clause. 3. More time will be available to study the plans and specifications. Sargent and Lundy estimate that the cost of preparing plans and specifications will be $8,500. There is a balance of $2,400 in the existing appropriation for power plant studies so that a supplementary appropriation of $6,100 will be necessary. The fee paid to Sargent and Lundy under this arrangement will be applied on their final charge for services. O n motion of Mr. Moschel, these studies were authorized and the appropriation was made, by the following vote: Aye, Mr. A d a m s , M r s . Freeman, M r . K a r r a k e r , Mr. Mayer, Mr. Moschel, M r s . Plumb, Mr. P o g u e ; no, n o n e ; absent, Mr. Cleary, Mr. H o r n e r , Dr. Meyer, M r . Wielancl.

APPROPRIATION FOR EXTENSION OF SERVICE LINES TO NATURAL RESOURCES BUILDING

(17) A recommendation that an assignment of $18,500 be made from the General Reserve Fund for the construction of a tunnel to house the extension of service lines to the State Natural Resources Building. It is sound engineering practice, as well as more economical in the long run, to house service lines in tunnels. Of this appropriation, $18,000 represents the difference between the cost of a tunnel and an ordinary installation, and $500 is for increasing the size of the storm sewer, which the Physical Plant Department recommends. Since the University prefers this superior type of installation it should bear the additional cost. O n motion of M r . Moschel, this appropriation was made, by the following vote: Aye, M r . A d a m s , M r s . F r e e m a n , Mr. K a r r a k e r , Mr. Mayer, Mr. Moschel, M r s . Plumb, M r . P o g u e ; no, n o n e ; absent, M r . Cleary, M r . H o r n e r , D r . Meyer, M r . Wieland.