Repository: UIHistories Project: Board of Trustees Minutes - 1962 [PAGE 552]

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UNIVERSITY OF ILLINOIS

549

honor checks, drafts, or other orders for the payment of money drawn in this corporation's name, including those drawn to the individual order of any person persons whose name or names appear thereon as signer or signers thereof, when bearing or purporting to bear the facsimile signature (s) of the President and Secretary, and American National Bank and Trust Company of Chicago shall be entitled to honor and to charge this corporation for all such checks, drafts, or other ordeTS, regardless of by whom or by what means the facsimile signatures thereon may have been affixed thereto, if such facsimile signatures resemble the facsimile specimens duly certified to or filed with the American Jtfational Bank and Trust Company of Chicago by the Secretary or other officer of this corporation.

On motion of Mr. Hughes, this resolution was adopted.

FEDERAL GRANT FOR MEDICAL SCIENCES ADDITION BUILDING

(U) The Vice-President in charge of the Chicago Professional Colleges and the Vice-President and Comptroller recommend authorization of an application to the Illinois Department of Public Health Bureau of Hospitals, for a construction grant of $280,000 under Federal Public Laws 725 and 482 (The Hill-Burton Act) for approximately one-third of the cost of that portion (one entire floor) of a new building which will provide for the expansion of the outpatient clinics of lire Research and Educational Hospitals. The remaining two-thirds (approximately) would be provided from the state capital appropriations to the University for the 1961-63 biennium. I concur and recommend the adoption of the following resolution, which is required in submitting such an application: Resolution Resolved that H. O. Farber, Comptroller, and A, J. Janata, Secretary nf the Bnird of Trustees of the University of Illinois, be and they hereby are authorized to sign applications for grants-in-aid under the Illinois Hospital Construction Program and Public Laws 725 and 482 (The Hill-Burton Act) in connection wilh a grant for the buijding of the Medical Sciences Addition Building at the University of Illinois Chicago Professional Colleges.

On motion of Mr. Swain, this resolution was adopted.

LEASES O F PROPERTIES

(12) Because of constitutional limitations, all leases of property by the University expire on June 30, 19*1, Many of these are with the University of Illinois Foundation for properties acquired by the Foundation or leased under a longterm basts at the request of the University. I recommend that the Comptroller be authorized to renew all existing leases under the same terms as at present. If any changes in terms or rates are proposed, a separate recommendation will be submitted to the Board. A report of all leases renewed will be submitted to the Board when the renewals have been executed.

On motion of Mrs. Watkins, authority was given as requested.

LEASE OF W A R E H A M . H U D S O N DAIRY BUILDING

(13) The University has an opportunity to lease the Wareham-Hudson Dairy Building at 129 North Race Street, Urbana, which will provide additional and much needed space. It is proposed to move some of the research facilities and activities of the Department of Psychology presently housed in Gregory Hall to the Wareham-Hudson Dairy Building, thus serving a twofold purpose: providing ["ore adequate quarters for the Department of Psychology for work which can «t carried on off-campus and releasing premium space on the campus for undergraduate instruction. The Wareham-Hudson Dairy Building has two floors and a basement. The tenement and first floor have a total area of approximately 7,540 square feet ^'bich will be remodeled by the owner to meet the requirements of the DepartMJ 1 ° ' Psychology. The second floor, which has an area of approximately LJ3Q square feet, will not be remodeled for the present. The owner will lease the building at a rental of $650 a month.