Repository: UIHistories Project: Board of Trustees Minutes - 1970 [PAGE 384]

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384

BOARD OF TRUSTEES

[ M a y 21

by the Governor; (b) the building projects recommended by the Board of Higher Education for funding by the Illinois Building Authority. General-Revenue Funds. The following figures summarize the amounts requested in general-revenue funds for all three campuses for F Y 1970 and F Y 1971, and show the relationships of the general-revenue items to corresponding capital amounts in (a) the biennial request for 1969-1971 and (b) the revised request for

F Y 1 9 7 0 :

Campus Chicago Circle Medical Center Urbana-Champaign Total

1969-1971 FY 1970 FY 1971 Request Request Request $17 993 800 $ 9 136 500 $ 8 672 980 7 969 800 4 801 100 3 846 300 14 198 700 6 420 100 7 492 800 $40 162 300 $20 357 700 $20 012 080

IBA Funding (Parking Structure, Chicago Circle). In addition to the generalrevenue funds requested for F Y 1971, authorization is sought for the Illinois Building Authority (IBA) to construct a parking structure at the Chicago Circle campus —- at an estimated cost of $2,150,000. University-wide Summary. The University's total capital request for F Y 1971 is $22,162,080 —including $20,012,080 from general revenue and $2,150,000 in IBA funds. A breakdown by campuses and by the several categories of costs is shown in Table I. The general-revenue categories a r e : owner's costs related to new buildings (ineligible for IBA funding); land acquisition; movable equipment; utilities distribution; planning; remodeling (including rehabilitation and minor buildings); protection of life and property; site improvements. In succeeding sections of this report, the detailed requests for the separate campuses are presented — including the following tables: Table II, Chicago Circle; Table I I I , Medical Center; Table IV, Urbana-Champaign. Table I. F Y 1971 Capital Request — Summary for All Campuses Project Categories and Campus Totals 1. Buildings Owner's Cost — Projects Original 1969-71 Request Chicago Circle Medical Center Urbana-Champaign Added Project — F Y 1971 Chicago Circle — Parking Structure' Subtotal, Buildings 2. Land Acquisition Chicago Circle Medical Center Urbana-Champaign Subtotal, Land Acquisition 3. Movable Equipment Chicago Circle Medical Center. Urbana-Champaign Subtotal, Movable Equipment 4. Utilities Distribution Chicago Circle Medical Center Urbana-Champaign Subtotal, Utilities Distribution

$

171 180 118 700 147 000 2 150 0001 (2 586 880) -0-0650 000 (650 000) 4 051 406 1 981 (6 438 1 014 386 2 374 (3 774 000 000 500 500) 400 000 300 700)

' Of the total cost of $2,150,000, the sum of $268,000 would he provided from parking rentals.