Repository: UIHistories Project: Board of Trustees Minutes - 1940 [PAGE 50]

EXTRACTED TEXT FROM PAGE:

1938]

UNIVERSITY OF

ILLINOIS

47

entitled "A Resolution accepting the offer of United States to the Board of Trustees of the University of Illinois to aid by way of grant in financing construction of a university building and additions and alterations to existing buildings, including necessary equipment therefor and site improvements," was proposed by Mr. Cleary and read in full: R E S O L U T I O N NO. I

A RESOLUTION ACCEPTING THE OFFER OF THE UNITED STATES TO THE BOARD OF TRUSTEES OF THE UNIVERSITY OF ILLINOIS TO A I D BY W A Y OF GRANT IN F I N A N C I N G T H E CONSTRUCTION OF A UNIVERSITY BUILDING AND ADDITIONS AND ALTERATIONS TO EXISTING BUILDINGS, INCLUDING NECESSARY E Q U I P M E N T THEREFOR AND S I T E IMPROVEMENTS

Be it resolved, by the Executive Committee of the Board of Trustees of the University of Illinois: SECTION I . T h a t the offer of the United States of America to the Board of Trustees of the University of Illinois to aid by way of grant in financing the construction of a university building and additions and alterations to existing buildings, including necessary equipment therefor and site improvements, a copy of which offer reads as follows:

FEDERAL EMERGENCY ADMINISTRATION OF PUBLIC WORKS

Washington, D. C , Dated: Aug. 22, 1938 Docket No. 111. 1962-F Board of Trustees of the University of Illinois, Urbana, Illinois. 1. Subject to the T e r m s and Conditions ( P W A F o r m No. 230, as amended to the date of this Offer), which are made a part hereof, the United States of America hereby offers to aid in financing the construction of a university building and additions and alterations to existing buildings, including necessary equipment therefor and site improvements (herein called the "Project") by making a grant to the Board of Trustees of the University of Illinois (herein called the "Applicant") in the amount of 45 percent of the cost of the Project upon completion, as determined by the Federal Emergency Administrator of Public W o r k s (herein called the "Administrator"), but not to exceed, in any event, the sum of $572,728. 2. By acceptance of this Offer the Applicant covenants to begin work on the Project as early as possible but in no event later than 8 weeks from the date of this Offer and to complete such Project with all practicable dispatch, and in any event within 19 months from the commencement of construction. 3. This Offer is made subject to the express condition that, if the Administrator shall determine at any time that the Applicant has paid or agreed to pay, whether directly or indirectly, a bonus, commission or fee to any person, firm or corporation for attempting to procure an approval of the Applicant's application or for alleged services in procuring or in attempting to procure such approval, or for activities of the nature commonly known as lobbying performed or agreed to be performed in connection with the application, then the Administrator shall have the right, in his discretion, to rescind this Offer and any agreements resulting herefrom, and, in the event of such rescission, the United States of America shall be under no further obligation hereunder. U N I T E D STATES OF AMERICA Federal Emergency Administrator of Public W o r k s

By H . A. GRAY (Signed)

Assistant be and the same is hereby in all respects accepted.

Administrator