UIHistories Project: A History of the University of Illinois by Kalev Leetaru
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Repository: UIHistories Project: Board of Trustees Minutes - 1960 [PAGE 239]

Caption: Board of Trustees Minutes - 1960
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236

BOARD OF TRUSTEES

[December 17

for installation of a nurse-patient audio call system in the following patient areas of the Research and Educational Hospitals: seventh, tenth, and eleventh floors of the hospital addition; third and fourth floors of the Neuropsychiatric Institute; third floor, west, of the general hospital building. Funds are available in an appropriation made by the Board of Trustees. I concur.

On motion of Mrs. Holt, this contract was awarded, as recommended, by the following vote: Aye, Mr. Bissell, Mr. Herrick, Mrs. Holt, Mr. Hughes, Mr. Johnston, Mr. Livingston, Mr. Nickell, Mrs. Watkins, Mr. Williamson; no, none; absent, Mr. Stratton, Mr. Swain.

CONTRACT FOR BAKERY EQUIPMENT FOR CENTRAL FOOD STORES BUILDING (7) The Director of the Physical Plant and the Vice-President and Comptroller recommend the award of a contract for $111,346 to Moreau and Risch, Inc., Milwaukee, Wisconsin, the lowest bidder, for the food service equipment for the Central Food Stores Building. Funds will be available in the proceeds of the sale of "The Board of Trustees of the University of Illinois Housing Revenue Bonds of 1958, Series A and B." I concur.

On motion of Mrs. Holt, this contract was awarded, as recommended, by the following vote: Aye, Mr. Bissell, Mr. Herrick, Mrs. Holt, Mr. Hughes, Mr. Johnston, Mr. Livingston, Mr. Nickell, Mrs. Watkins, Mr. Williamson; no, none; absent, Mr. Stratton, Mr. Swain.

ADDITION TO CONTRACTS FOR PHYSICS BUILDING (8) The Director of the Physical Plant and the Vice-President and Comptroller recommend an addition of $8,581.58 to the contract with the Mayfair Construction Company, Chicago, for general work on the Physics Building. This change will provide for interior refinements which were not developed in the planning before plans and specifications were sent to bidders. The principal items are a ventilation system for the retention tank in which radioactive material will be handled, and interior coating of all fume and isotope hood exhaust fans for protection against corrosion. The estimate has been checked by the Department of Physics and the architects. I concur.

On motion of Mr. Bissell, the Comptroller was authorized to execute this change in the contract.

NATIONAL DEFENSE EDUCATION ACT OF 19 5 8 (9) Public Law 85-864, the National Defense Education Act of 1958, passed in the closing days of the Eighty-fifth Congress, authorizes certain programs of financial aid to students in institutions of higher education. There is submitted herewith a memorandum, a copy of which is being filed with the Secretary of the Board for record, outlining the several provisions of this law which involve colleges and universities and which will be administered by the United States Office of Education in the Department of Health, Education, and Welfare. Title II of the law provides federal assistance through the establishment at institutions of higher education of funds for low-interest loans to students, with preference to be given superior students in mathematics, science, engineering, modern languages, and elementary or secondary education. A participating institution is required to provide 10 per cent of the fund so established. A student may be loaned up to $1,000 in one year with a $5,000 maximum. Repayment installments of the loan generally would start one year after the student leaves the college or university, and interest at the rate of 3 per cent a year would be charged effective at the time repayments start. Up to 50 per cent of the loan may be canceled and charged against the government's contribution if the student teaches in elementary or secondary schools. At the close of the program, balances then held and received from loan repayments and interest will be returned in the ratio contributed.