Repository: UIHistories Project: Board of Trustees Minutes - 1960 [PAGE 392]

EXTRACTED TEXT FROM PAGE:

1959]

UNIVERSITY OF ILLINOIS

389

College of Engineering, remodeling of Civil Engineering Hall to provide additional office space 15 000 College of Liberal Arts and Sciences, construction of a building for the Department of Astronomy on the radio telescope site 11 000 College of Education, equipment for University High School 2 950 Library, remodeling in Smith Music Hall for School of Music Library 11 500 College of Veterinary Medicine, repairing barns 7 000 Chicago Professional Colleges Installation of emergency call system to nursing stations.. .$ 5 830 Equipment for Department of Radiology 16 000 22 730 Total $85 810 I concur. O n m o t i o n of M r . J o h n s t o n , t h e s e a s s i g n m e n t s o f f u n d s w e r e a u thorized b y t h e f o l l o w i n g v o t e : A y e , M r . C l e m e n t , M r . H a r e w o o d , M r . Herrick, M r . H u g h e s , M r . Johnston, M r . P o g u e , M r . Swain, M r s . Watkins, M r . Wilkins, M r . Williamson; no, n o n e ; absent, M r . Stratton. SUPPLEMENTAL APPROPRIATIONS (10) The budgetary provisions for 1958-59 for wages, expense, and equipment in several departments are inadequate. The Vice-President and Provost and the Vice-President and Comptroller recommend that the following supplementary assignments be made from the General Reserve: Graduate College Administration $ 6 000 Geology 6 500 McKinley Hospital 29 000 Psychology 6 000 Public Information 4 500 Sociology and Anthropology 3 340 Chemistry and Chemical Engineering 20 000 President's Office 7 500 Public Functions 10 500 Board of Trustees „• 8 500 Veterinary Clinical Medicine 6 000 Library 9 300 Student Counseling Service 4 500 Total $121 640 I concur.

On motion of Mr. Swain, these assignments of funds were authorized by the following vote: Aye, Mr. Clement, Mr. Harewood, Mr. Herrick, Mr. Hughes, Mr. Johnston, Mr. Pogue, Mr. Swain, Mrs. Watkins, Mr. Wilkins, Mr. Williamson; no, none; absent, Mr. Stratton.

RELOCATION OF FACILITIES AT CHICAGO UNDERGRADUATE DIVISION (11) In preparation for St. Lawrence Seaway traffic the city of Chicago will need to provide railroad trackage in the roadway at Navy Pier and railroad siding for storage of freight cars. This will require removal and relocation of a greenhouse and chemical storage vault used by the Chicago Undergraduate Division, and as a consequence of this the relocation of certain utilities and rebuilding of some steps and loading platforms. The University will be required to pay for some of these changes at an estimated cost not to exceed $20,000. The University has on deposit in the First National Bank of Chicago $200,000 in escrow to provide for the restoration of the areas of Navy Pier now occupied by the University when it is vacated. Under the escrow agreement, these funds may be invested by the University. At present, the escrow funds consist of $235,000 of par value of United States Treasury Bonds and Notes and $7,248.69 in cash, the securities representing a cost of $234,992.80. Negotiations are under way with city officials as to the possibility of using up to $20,000 of the excess over $200,000 in the escrow funds to pay the cost of the