Repository: UIHistories Project: Board of Trustees Minutes - 1970 [PAGE 718]

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718

BOAED OF TRUSTEES

[December 17

EMPLOYMENT OF CONSULTANT FOR CHICAGO CIRCLE A N D MEDICAL CENTER (17) The President of the University, with the concurrence of appropriate administrative officers, recommends, subject to consultation with the Legislative Audit Commission, employment of Ernst & Ernst, Chicago, for an economic analysis of operating and capital costs of separate versus consolidated physical plant facilities for the Chicago Circle and Medical Center campuses. The consultant's fee is to be based upon standard rates for principals and technical personnel plus expenses authorized by the University and is estimated at approximately $27,000. It is further recommended that an assignment be made from the General University Reserve in the total amount of $27,000.

On motion of Mr. Jones, these recommendations were approved by the following vote: Aye, Mr. Clement, Mr. Grimes, Mr. Jones, Mr. Steger, Mr. Stone, Mr. Swain; no, none; absent, Mr. Hahn, Mr. Hughes, Governor Ogilvie, Mr. Page.

EMPLOYMENT OF ARCHITECT FOR ANIMAL HOLDING FACILITY, URBAN A (18) The President of the University, with the concurrence of appropriate administrative officers, recommends, subject to the release of funds by the Governor, the employment of The Perkins & Will Partnership, Chicago, for professional services for the Animal Holding Facility, Urbana, at a fee based on 7 per cent of the preliminary construction cost budget, subject to adjustment to actual costs of construction plus reimbursable expenses approved by the University. Authorization under this contract for fees and expenses will be limited at this time to $27,500 unless and until further authorization is given. It is further recommended that this contract be assigned to the Illinois Building Authority upon financing arrangements being completed by it. Funds are available in state capital appropriations to the University for Fiscal Year 1970, subject to release by the Governor. The Advisory Committee on Architectural and Engineering Services and the Buildings and Grounds Committee have approved this recommendation. O n m o t i o n of M r . C l e m e n t , t h i s r e c o m m e n d a t i o n w a s a p p r o v e d by the following vote: Aye, M r . Clement, M r . Grimes, M r . Jones, M r . Steger, M r . Stone, M r . S w a i n ; no, n o n e ; absent, Mr. H a h n , Mr. H u g h e s , Governor Ogilvie, M r . Page. FINANCING OF PARKING STRUCTURE, URBANA (19) On July 23, 1969, the Board of Trustees authorized the leasing of building sites to the University of Illinois Foundation for a "Parking Structure" and requested the Foundation to borrow $1,715,000 to construct two units of the structure. The remaining $500,000 of the cost has been provided from existing Faculty-Staff Parking Revenues. T h e Foundation has completed arrangements for borrowing the funds from The First National Bank of Chicago. The Vice President and Comptroller recommends that the following resolution be adopted to formalize the actions already approved at the July 23, 1969, meeting. R e s o l u t i o n R e P a r k i n g S t r u c t u r e Sixth a n d J o h n S t r e e t s and Fifth and Daniel S t r e e t s , Champaign, Illinois Be It, and It Hereby Is, Resolved by The Board of Trustees of the University of Illinois, a public corporation of the State of Illinois, hereinafter referred to as "University," that the Comptroller and Secretary of this public corporation be, and they hereby are, authorized for and in the name of, and on behalf of, this public corporation: (1) to sign, execute and deliver an agreement with and to University of Illinois Foundation, a not-for-profit corporation of the State of Illinois, hereinafter referred to as "Foundation," which agreement shall provide that this University will lease certain hereinafter described property owned by it in Champaign, Illinois to Foundation; that Foundation will borrow money for the purpose of