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Caption: Board of Trustees Minutes - 1964
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938 BOARD OF TRUSTEES [December 18 erly along a line parallel to the North line of said SE V SE 14 of Section 24, 4 a distance of 420.0 feet to a corner, said comer being marked with an iron pipe monument; thence Northerly along a line parallel to the East line of said Section 24, a distance of 300.0 feet to a corner, said corner being marked with an iron pipe monument; thence Westerly along a line parallel to the North line of said SE Vi SE V of Section 24, a distance of 374.52 feet to a corner, said 4 corner being marked with an iron pipe monument; Thence Southerly along a line parallel to the East line of said Section 24, a distance of 770.89 feet to a corner, said corner being marked with an iron pipe monument; thence Southeasterly, a distance of 515.95 feet to a corner on the South line of said Section 24, said corner being marked with an iron pipe monument; thence Easterly along the South line of said Section 24, a distance of 600.0 feet to the place of beginning, containing 19.44 acres, more or less, but subject to an existing easement over the South 20.0 feet thereof for the operation and maintenance of an electrical distribution line or system. On motion of Mr. Swain, the foregoing resolution was adopted by the following vote: Aye, Mr. Clement, Mr. Dilliard, Mr. Hughes, Mr. Johnston, Mr. Page, Mr. Pogue, Mr. Swain, Mrs. Watkins, Mr. Williamson; no, none; absent, Mr. Kerner. ADDITION TO CONTRACT FOR CONSTRUCTION OF ASSEMBLY HALL (10) The Director of the Physical Plant and the Vice-President and Comptroller recommend an increase of $7,211.16 in the contract with Felmley-Dickerson Company for construction of the Assembly Hall to modify the tile drainage system under the playing floor, the north and south circular walls, and the filter beds under the lower tiers of seats at the east and west sides of the arena. Funds are available in the construction budget. I concur. On motion of Mrs. Watkins, this change in contract was authorized. ADDITION TO CONTRACT FOR CONSTRUCTION OF THE CONGRESS CIRCLE CAMPUS (11) The Director of the Physical Plant and the Vice-President and Comptroller recommend an increase of $22,481.99 in the contract with Gust K. Newberg Construction Company, Chicago, for construction of buildings at Congress Circle to provide for changes in the communications system and additional conduit in classrooms and offices. Funds are available in the construction budget. I concur. On motion of Mr. Page, this change in contract was authorized. BEQUEST OF FRED H. BURT TO COLLEGE OF VETERINARY MEDICINE (12) The will of the late Dr. Fred H. Burt of Chenoa, for many years a practicing veterinarian, provides a bequest: "The sum of Five Thousand Dollars ($5,000.00) to the University of Illinois, Champaign, Illinois, to be used in the veterinary department in memory of Fred H. Burt." Dean C. A. Brandly and the Executive Committee and other staff of the College of Veterinary Medicine have advised that the bequest be used to establish a loan fund. While the bequest by itself would have limited long-range value in helping students, this fund deposited with United Student Aid Funds, Incorporated, would establish a reserve that would allow loans aggregating at least $75,000 to students in the College of Veterinary Medicine from their local banks. If all loans are repaid, the original sum would eventually be returned to the University. Such use of the bequest is approved by the Legal Counsel and the United Student Aid Fund, Incorporated, has agreed to accept the fund, to match at least the first $1,000, to set it up as a reserve separate from the other general U.S.A. Fund established by the University of Illinois, and to administer it exclusively for students in the College of Veterinary Medicine. Accordingly, authorization is requested to deposit the $5,000 received under the bequest with the United Student Aid Funds, Incorporated, to establish a loan reserve under the conditions described. On motion of Mr. Hughes, this recommendation was approved.
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