Repository: UIHistories Project: Board of Trustees Minutes - 1970 [PAGE 400]

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400

BOARD OF TRUSTEES

[May

21

The north 0.09 feet of the south 8.88 feet of said Lot 135; said parcel containing 10.44 square feet, more or less; and Situated in the State of Illinois, the County of Champaign, the City of Champaign, in the S W VA of Section 18, Township 19 North, Range 9 East of the Third Principal Meridian and being a part of Lot 121 of College Place Addition and being more fully bounded and described as follows : The north 3.61 feet of the south 41.40 feet of said Lot 121; said parcel containing 411.54 square feet, more or less; and Situated in the State of Illinois, the County of Champaign, the City of Champaign, in the S W VA of Section 18, Township 19 North, Range 9 East of the Third Principal Meridian and being a part of Lot 80 of College Place Addition and being more fully bounded and described as follows : The south 0.02 feet of the north 16.22 feet of said Lot 80; said parcel containing 2.28 square feet, more or less; and Situated in the State of Illinois, the County of Champaign, the City of Champaign, in the S W VA of Section 18, Township 19 North, Range 9 East of the Third Principal Meridian and being a part of Lot 93 of College Place Addition and being more fully bounded and described as follows: The south 0.12 feet of the north 16.22 feet of said Lot 93; said parcel containing 13.68 square feet, more or less. Said conveyance shall be made subject to the express condition that in case the Grantee, its successor, or assigns shall, at any time, abandon or cease to use said land for street or highway purposes, said land shall thereupon revert to Univerity, its successor or assigns.

On motion of Mr. Swain, the foregoing resolution was adopted by the following vote: Aye, Mr. Clement, Mr. Grimes, Mr. Harm, Mr. Hughes, Mr. Pogue, Mr. Steger, Mr. Swain; no, none; absent, Mr. Jones, Governor Ogilvie, Mr. Page, Dr. Weatherly.

AGREEMENT WITH COMMONWEALTH EDISON COMPANY FOR ELECTRICAL SERVICE TO THE RACINE AVENUE BUILDING, CHICAGO CIRCLE (26) The President of the University, with the concurrence of appropriate administrative officers, recommends that the Board authorize its Comptroller and Secretary to execute an agreement with Commonwealth Edison Company, Chicago, for the installation of a new transformer and related equipment to serve the Racine Avenue Building, Chicago Circle campus, at a total cost of $7,547. Funds are available in state capital appropriations to the University for 1967-69 and have been released by the Governor.

On motion of Mr. Clement, this recommendation was approved by the following vote: Aye, Mr. Clement, Mr. Grimes, Mr. Hahn, Mr. Hughes, Mr. Pogue, Mr. Steger, Mr. Swain; no, none; absent, Mr. Jones, Governor Ogilvie, Mr. Page, Dr. Weatherly.

POLICY CONCERNING DIVISION OF ROYALTIES FROM SALE OF VIDEO TAPES, OTHER INSTRUCTIONAL MATERIALS (27) For several months, the University Committee on Copyrights and Recordings has been considering the formulation of a general policy concerning the division of royalties earned from the sale of video tapes and other instructional materials developed under University auspices and with University support. The outcome of these discussions has been the following recommendation from the Committee as a policy to be used in apportioning income from royalties or sales between author(s) and the University: "An initial amount up to $5,000 may be earned by the author(s) from net income. Any amount earned in excess of $5,000 shall be divided 50 per cent to the University and 50 per cent to the author (s); provided that the University's direct costs, above those incurred in the development of the commissioned work for the University's own use as determined by the administrator responsible, are deducted before any earnings are passed on to the author(s)."