Repository: UIHistories Project: Board of Trustees Minutes - 1972 [PAGE 438]

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BOARD OF TRUSTEES

[October 20

before it had secured and furnished to the University the required performance and payment bond. The Assignee for the benefit of creditors has requested that the University consent to the assignment of the contract with the Davron Engineering Co., Inc., to the Eiselt Ventilating Co., Inc., Chicago. The Eiselt Co. is willing to accept the assignment of this contract upon the same terms and conditions as the original contract awarded to Davron Co. The Eiselt Co. has previously done satisfactory work for the University. The Eiselt Co. has signed an acceptance of this assignment and submitted a statement from a corporate surety to the effect that the surety will provide the required performance and payment bond if they are awarded the contract. Accordingly, the President of the University, with the concurrence of appropriate administrative officers, recommends that the request of the Assignee for the benefit of creditors be granted and this assignment be consented to.

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

CONTINUATION OF EMPLOYMENT O F ENGINEER FOR ENGINEERING SERVICES O N CAMPUS AIR C O N D I T I O N I N G . MEDICAL. CENTER

(18) The President of the University, with the concurrence of appropriate administrative officers, recommends continuing the employment of Howell Engineers, Inc., Chicago, for engineering services on campus air conditioning at the Medical Center campus at a fee based on actual salaries and wages of personnel directly engaged in this project, plus 100 per cent for overhead and commission, plus normal reimbursable items. The project will be for providing chilled water supply and return lines from the second unit Dentistry-Medicine-Pharmacy Building to the General Hospital and Hospital Addition at an estimated total project cost of $73,200, of which the engineering fees would be approximately $9,000. Funds for this project are available in the Hospital Income Account. The Advisory Committee on Architectural and Engineering Services and the Board of Trustees' Buildings and Grounds Committee have approved the selection of this firm.

On motion of Mr. Howard, this recommendation was approved by the following vote: Aye, Mr. Forsyth, Mr. Howard, Mr. Hughes, Mr. Neal, Mr. Pogue, Mr. Steger, Mr. Swain; no, none; absent, Dr. Bakalis, Mr. Grimes, Governor Ogilvie. Mr. Hahn asked to be recorded as not voting.

ESTATE OF LOLA W I L S O N

(19) Under the Will of Lola Wilson, the sum of $180,000 was received in settlement of a bequest described as follows: " . . . I give, devise, and bequeath all of the rest, residue, and remainder of my estate, real, personal and mixed, and wheresoever situated, unto the University of Illinois for general purpose of scientific research in the School of Medicine," The Executive Dean of the College of Medicine has recommended to the Chancellor at the Medical Center campus that the sum thus received be used as follows: 1. $170,000 to be held as a temporary endowment and the income used by the College of Medicine for scientific research with the option to use the principal for scientific research as required. 2. $10,000 of the principal for current use by the College of Medicine for scientific research. The Chancellor at the Medical Center and the Vice President and Comptroller concur in this recommendation. I recommend approval.

On motion of Mr. Howard, this recommendation was approved.