Repository: UIHistories Project: Board of Trustees Minutes - 1964 [PAGE 1160]

EXTRACTED TEXT FROM PAGE:

1964]

UNIVERSITY OF ILLINOIS

1115

recommend that the Illinois Building Authority be requested to purchase, acquire, and lease to the University plans and planning to complete architectural studies at Congress Circle, Chicago, including specifications and bid documents, from the following firms for the buildings, and at fees indicated as a per cent of the estimated cost of construction, all in accordance with the Illinois Building Authority Act and under terms approved by the Comptroller and the Director of the Physical Plant. Skidmore, Owings, and Merrill, Chicago — Classroom Units: 3.375 per cent, or a fee of 4y$ per cent for services through construction Architecture Building: 4.5 per cent, or a fee of 6 per cent for services through construction Engineering and Science Office Building: 4.125 per cent, or a fee of 5 ^ per cent for services through construction Engineering and Science Laboratory Addition: 3.75 per cent, or a fee of 5 per cent for services through construction Library Addition: 3.75 per cent, or a fee of 5 per cent for services through construction Harry Weese and Associates, Chicago — Physical Education Building: 4.125 per cent, or a fee of 5yi per cent for services through construction Completion of the above studies was declared to be in the public interest by the General Assembly in 1963, and the funding will be by the Illinois Building Authority through the sale of bonds. I concur. O n motion of Mr. Pogue, this recommendation was approved by the following vote: Aye, M r . Clement, Mr. Dilliard, M r . Hughes, Mr. Johnston, M r . Jones, M r . Page, M r . Pogue, Mr. Swain, M r s . W a t k i n s ; no, none; absent, M r . Kerner, Mr. Williamson.

LEASES W I T H T H E ILLINOIS BUILDING AUTHORITY

(23) The Board of Trustees on February 19, 1964, authorized the Comptroller and Secretary of the Board to execute the necessary documents to permit the Illinois Building Authority to proceed with certain University projects which the Seventy-third General Assembly of the state of Illinois had declared to be in the public interest. The Illinois Building Authority has since forwarded to the University forms of the leases which it requests be used for these projects, and it is requested that the Board of Trustees take specific action to approve the same. Copies of said lease forms are presented herewith and are being filed with the Secretary of the Board for record. The leases relate to the following University projects and are on the terms indicated: , , Annual Rent Due September 1, Rent Due 1965, and Total May 1, Rental Amount of Legislative Each Year 1964 Project Declaration IB A Bonis Thereafter Payments $ 4 799 500 $ 4 912 032 ; 751 541 $486 290 $ 7 559 601 A. Movable Equipment B. Civil Engineering 479 090 306 340 7 831 250 4 216 000 4 351 411 Building.. C. Land for Building 113 656 72 675 1 857 856 1 000 200 1 032 302 Sites D. Planning Congress Circle 102 272 65 395 1 671 752 928 901 Campus. . 900 000 $10 915 700 $11 224 646 $1 446 559 $930 700 $18 920 459 Total...