Repository: UIHistories Project: Board of Trustees Minutes - 1970 [PAGE 890]

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890

BOABD OF TRUSTEES

[April IS

CONTRACT FOR EXTENSION OF SANITARY SEWER FOR CENTRAL RECEIVING W A R E H O U S E . URBANA

(21) The President of the University, with the concurrence of appropriate administrative officers, recommends award of a contract in the amount of $30,342 to Illini Plumbing & Heating, Inc., Champaign, the low base bidder for construction of a sanitary sewer from Florida Avenue to the new Central Receiving Warehouse, Urbana. Funds for this work are available in state capital appropriations to the University and have been released by the Governor. O n motion of M r . Grimes, this contract was awarded by the following vote: Aye, M r . Clement, M r . Grimes, M r . H a h n , M r . H u g h e s , Mr. Jones, M r . Stone, Mr. Swain; no, none; absent, Governor Ogilvie, Mr. Page, Mr. Steger.

MODIFICATION OF C H A N G E ORDER LEASE/ACQUISITION

(22) On March 18, 1970, the Board authorized the acceptance of the proposal of the IBM Corporation for a change order in our existing lease agreement which would permit the University to acquire the 360/50 CPU system being removed from the Urbana-Champaign campus to the Chicago Circle campus, at a total purchase cost of $340,798.57. The original authorization must be modified as it did not include $16,377.90 required as a deposit at the time the contract was to be executed and such amount should have been included in the schedule of payments which were to be made over a sixty-one-month period. Since payments will now be made over a sixty and onehalf-month period, an additional adjustment is required to provide for an interest credit of $605.90. These modifications will revise the total savings over the period from $258,436.43 to $242,664.43. The revised total cost for the acquisition of this equipment will be $356,570.57 with payments being made subject to availability of funds in accordance with the following schedule. Deposit $ 16 377 90 Fiscal Year 1970 14 226 96 Fiscal Year 1971 77 470 07 Fiscal Year 1972 74 350 47 Fiscal Year 1973 71 230 87 Fiscal Year 1974 68 111 27 Fiscal Year 1975 34 803 03 $356 570 57 The President of the University, with the concurrence of the appropriate administrative officers, recommends that the Board modify its authorization of March, 1970, and that the Comptroller and the Secretary of the Board of Trustees be authorized to accept the proposal of the IBM Corporation as modified and outlined above and to execute such contracts, change orders, and other appropriate documents as may be necessary to acquire title to the Central Processing Unit in accordance with the plan herein described.

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

EASEMENT TO C O M M O N W E A L T H EDISON COMPANY, CHICAGO CIRCLE

(23) The President of the University, with the concurrence of appropriate administrative officers, recommends granting to the Commonwealth Edison Company a 16 feet by 60 feet easement on University-owned land immediately south of the Racine Avenue Building at the Chicago Circle campus for the right to maintain its overhead power lines, and that the following resolution be adopted.