Repository: UIHistories Project: Board of Trustees Minutes - 1942 [PAGE 234]

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UNIVERSITY OF ILLINOIS

231

bid was received on behalf of that company at the date of opening. Since the meeting of the Board at which the recommendation was presented, letters have been received, making a proposal on behalf of this company. These proposals of course were received subsequent to the time when bids were opened in accordance with the announcement submitted under date of January 29, 1941, which stated that quotations must be submitted on or before 10 a.m. February 10, 1941. 2. T h e question was raised as to coverage for fire, windstorm, and theft. This coverage can be secured at an annual cost of $385.56, and is now recommended by the Director of the Physical Plant Department. Information is also given concerning collision coverage, but this is not recommended. 3. T h e question was raised as to increasing the range of public liability from $25,000/50,000 to $50,000/100,000. T h i s could be done at an increased cost of $36.77 a year. Based on previous experience, and on the status of the University, the Comptroller is not inclined to recommend this added coverage.

On motion of Mr. Adams, the bid of the American Automobile Insurance Company was accepted with the addition for fire, windstorm, and theft, as recommended.

PURCHASE OF EQUIPMENT FROM THE ILLINOIS U N I O N , I N C . (22) T h e Board of Trustees, on October 9, 1939 (Minutes, page 617), voted that "the University will reimburse any student organization whose activities are taken over and transferred to the Illini Union Building for its investment in stock or other physical assets which are acquired by the University in such transfer." T h e Comptroller had previously been authorized to work out these details of settlement with the Illinois Union, and an agreement was reached on the value (fixed at $6,388.80) of the equipment to be purchased by the University from the Union. Last year the officers of the Illinois Union agreed to the deferment of this settlement, but it should be made prior to May 1, 1941, when the Illinois Union will be dissolved and pass out of existence. An appropriation from the General Reserve Fund will be necessary for this purpose. T h e Comptroller reports also that an agreement has been reached with the Illinois Union as to the value of its stock of books and supplies which was taken over by the Illini Union Bookstore. T h e amount agreed upon is $6,376.04 and is based on an inventory of material taken at the time of transfer. T h e figure is concurred in both by the Union and by the Bookstore management and is verified by the auditing division. T h i s may be paid from the operating receipts of the Bookstore, and I recommend approval.

On motion of Mr. Jensen, these agreements were approved.

AFFILIATION W I T H RUSH MEDICAL COLLEGE (23) T h e negotiations relating to the proposed affiliation with the officials of Presbyterian Hospital and Rush Medical College have reached a point where it is necessary to determine the future status of the junior class (next year's senior class) of the Rush Division of the University of Chicago. T h e plan proposed by the University of Chicago and Rush is that the Rush students be given a choice of securing their degrees from the University of Chicago or the University of Illinois. T h e University of Chicago is willing to grant the M.D. degree to students who have met the qualifications and have paid the required Rush College fees. It further agrees "to turn over to Rush Medical College all tuition payments received from students registering for Rush through the University for the academic year 1941-1942," and that Rush will see that "the necessary instruction is given such students for that period, presumably by the University of Illinois." In the case of those students who would register at the University of Illinois it will be necessary for the University to provide the second year of clinical instruction. Such students would carry on with their classes under the same conditions as at Rush. They would be given advanced standing at the University of Illinois and granted the degree on satisfactory completion of the work at Rush.