Repository: UIHistories Project: Board of Trustees Minutes - 1968 [PAGE 584]

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532

BOARD OF TRUSTEES

[May 16

Plumbing — Willis H . and W r e n C. Thomas, a partnership doing business as Thomas Plumbing & Heating Co., Urbana Heating, Piping, Refrigeration and Automatic Temperature Control Systems W . L. Rogers, an individual doing business as Cool-Rite Refrigeration, Urbana Ventilation and Distribution Systems for Conditioned Air — W . L. Rogers, an individual doing business as Cool-Rite Refrigeration, Urbana. Plastering, Plaster Patching and Repairs, and Acoustical— Geo. S. Grimmett, an individual doing business as Geo. S. Grimmett & Co., Springfield It is also recommended that a combined contract be awarded to Cool-Rite Refrigeration, Urbana, for heating, piping, refrigeration and automatic control systems work and for ventilation and distribution systems for conditioned air work, since this company submitted identical low bids for each category. These contracts are for work which does not justify the cost of preparing separate drawings and specifications and of separate bidding procedures on each project. The several contractors bid on percentages to be added to actual material, labor, and subcontract costs, and the awards recommended are to the lowest bidders. T h e work will be done as ordered by the Physical Plant Department, and will be paid for on the basis of the actual cost of each job plus contractor's fees. A schedule of bids taken showing the fee percentages to be added for work to be executed under these cost-plus contracts is submitted herewith, and a copy is being filed with the Secretary of the Board for record as the basis for the contract awards recommended. No assignment of funds is requested, as each job will he covered by a contract change order charged against funds allocated for the project. It is further recommended that the Vice-President and Comptroller be authorized to approve orders under these contracts on projects up to $25,000. I concur. O n m o t i o n o f M r . G r i m e s , t h e s e c o n t r a c t s w e r e a w a r d e d b y t h e following vote: Aye, M r . Clement, M r . Grimes, M r . H a h n , M r . Hughes, M r . J o h n s t o n , M r . P o g u e , M r . Swain, D r . W e a t h e r l y ; no, n o n e ; absent, Mr. Jones, Governor Kerner, Mr. Page. ASSIGNMENT OF CONTRACT TO ILLINOIS BUILDING AUTHORITY (20) The University has contracted with Robert W . Hunt Company, Chicago, for concrete testing services on Phase II construction at Chicago Circle with funds to be provided from the Universities Building Fund. However, with construction being financed by the Illinois Building Authority, the Director of the Physical Plant and the Vice-President and Comptroller recommend that the Board authorize assignment of this contract to the Illinois Building Authority, the terms of such assignment to be consistent with the provisions of the Illinois Building Authority Act, as amended and as approved by the University Legal Counsel. I concur. O n m o t i o n of M r . S w a i n , this 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 . DESIGNATION OF NATIONAL BOULEVARD BANK OF CHICAGO AS DEPOSITARY OF CONSTRUCTION F U N D PROCEEDS (21) The Notice of Sale for the Housing Revenue Bonds of 1966, Series A and B, provided that the purchaser of the Series A bonds could designate a bank in the city of Chicago as the depositary of the Construction Fund, subject to the approval of the University. White, Weld & Company, purchasers of the bonds, has recommended that the National Boulevard Bank of Chicago be designated as the Construction Fund depositary. Since the University presently does not have any money deposited in this Bank, the Vice-President and Comptroller recommends that the following resolution be adopted. Resolution Be It Resolved, That the National Boulevard Bank of Chicago be and hereby is designated a depositary in which construction funds of this corporation may be deposited by its officers, agents, and employees and that the Comptroller, or any other officer of this corporation, be and hereby is authorized to open and maintain an account or accounts with said Bank and to endorse and deposit with said Bank negotiable instruments and orders for the payment of money which endorsements