Repository: UIHistories Project: Board of Trustees Minutes - 1974 [PAGE 264]

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254

BOARD OF TRUSTEES

[April 18

Livingston, Mrs, Rader, Mr. Steger, Mr. Swain; no, none; absent, Dr. Bakalis, Mr. Neal, Governor Walker. Mr, Hahn asked to be recorded as not voting.

AGREEMENT WITH CITY OF CHAMPAIGN FOR SANITARY RELIEF SEWER

(24) In the University's budget request for 1973, the Board of Trustees approved the University's sharing in the cost of a sanitary relief sewer project of the City of Champaign on Fifth Street south of Green Street based on the property owned by the University in the area served by this project. The project is now complete and the University's share is $12,700. The President of the University, with the concurrence of appropriate administrative officers, recommends that the Comptroller and the Secretary be authorized to consummate the understanding and agreement, subject to the availability of funds, with the City of Champaign to provide for payment in the amount of $12,700 as the University's share of the sanitary relief sewer improvements on Fifth Street. Funds were previously appropriated to the University from (he Capita) Development Bond Fund. Since that time, these funds have been transferred to the Capital Development Board and the Governor has recently released to the Capital Development Board the funds for this project.

On motion of Mr. Hahn, this recommendation was approved by the following vote: Aye, Mr, Forsyth, Mr. Hahn, Mr. Howard, Mr. Hughes, Mr. Livingston, Mrs, Rader, Mr. Steger, Mr. Swain; no, none; absent, Dr, Bakalis, Mr. Neal, Governor Walker.

INCREASED SPACE FOR PEORIA SCHOOL OF MEDICINE

(25) On September IS, 1971, the Trustees authorized a lease agreement with Bradley University, Peoria, for space for the Peoria School of Medicine. In accordance with the provisions of this lease, the President of the University, with the concurrence of appropriate administrative officers, now recommends execution of a modification to provide for increasing the current amount of leased space by approximately 12,300 net assignable square feet at the current base rental rate of $2.42 per NASF per year including operating costs. This space will be remodeled by Bradley University for additional offices and laboratories for the staff and teaching program of the Peoria School of Medicine at a cost not to exceed $212,000. These costs will be reimbursed to Bradley University as additional rent in accord with the lease. Funds are available in the current operating budget of the College of Medicine, Funds required after FY1973 will be requested in the operating budget of the College of Medicine on an annual basis.

On motion of Mr. Swain, this recommendation was approved by the following vote: Aye, Mr, Forsyth, Mr. Hahn, Mr, Howard, Mr. Hughes, Mr. Livingston, Mrs, Rader, Mr. Steger, Mr, Swain; no, none; absent, Dr, Bakalis, Mr. Neal, Governor Walker.

PURCHASE OF PROPERTY FOR ROCKFORD SCHOOL OF MEDICINE

(26) On September IS, 1971, the Board of Trustees authorized leasing space in the Rockford Municipal Tuberculosis Sanitarium, 1601 Parkview Avenue, Rockford, Illinois. The lease further provided for an option to purchase the property at a price of $450,000. This price includes the existing buildings and approximately 18.75 acres of land at the Sanitarium. Funds were appropriated to (he University from the Capital Development Bond Fund in FY1973 in the amount of $450,000. Since that time, these funds have been transferred to the Capital Development Board. The Governor has recently released to the Capital Development Board the funds necessary to exercise the option to purchase the Rockford Municipal Tuberculosis Sanitarium buildings and land. Accordingly, the President of the University, with the concurrence cif appropriate administrative officers, recommends that the University exercise this option upon funds being made available by or through the Capital Development Board for this purpose. Title will be vested in the Board of Trustees of the University of Illinois.