Repository: UIHistories Project: Board of Trustees Minutes - 1946 [PAGE 1175]

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n68

BOARD OF TRUSTEES

[June 27

Amount to be paid to the With Whom Purpose University Date Cheiry-Burrell Study of effect of vacuum pasteuriza$ 2 500 00 March 28, 1946 Corporation tion upon certain qualities of milk Standard Oil Company Fellowship in Civil Engineering 3 000 00 November 30, 1945 Bear Hybrid Corn Agreement to use Waxy-Hy corn seed One cent per ker- May 21, 1946 Company in the production of tapicorn nel hand pollinated; Si.00 per thousand sib-crossed Bituminous Coal ReStudy to promote maximum satisfac14 000 00 May 25, 1946 search, Inc., through tion with bituminous coal for resiannually University of Illinois dential heating (Small Homes CounFoundation cil) Amount to be paid by the With Whom Purpose University Date Kuhne-Simmons Landscaping temporary student hous£16 769 00 April 18, 1946 Company ing project at Power Plant site and Gallivan Tract site Champaign Asphalt Green Street resurfacing 2 850 00 May 3, 1946 Company

Lease executed under general regulations of the Board of Trustees:

With Whom Liberty Trailer Sales Agency Properly Lease property 42 feet south of property leased by Mid-Continent Pet r o l e u m C o m p a n y at corner of Wright and University from May 15, 1946, to June 30, 1947 Amount to be paid tc the University $ 338 70 Date May 16, 19J6

This report was received for record.

INTERNAL BUDGET FOR 1946-1947

(7) The University's internal budget for the fiscal year beginning July I, 1946, and the academic year beginning September 1, 1946, is submitted herewith (see page 1204). I recommend: 1. That this budget covering the allocation of the University's income from all sources be approved. 2. That the President of the University be authorized to (a) make such changes and adjustments as are needed, (b) make such additional appointments as are necessary, and (c) accept resignations as are offered, in accordance with the needs of the University and the equitable interests involved, within the total income, all such changes to be covered in the Comptroller's quarterly reports. T h e Comptroller presented a condensed analysis of the internal budget. O n motion of M r . Nickell, the internal budget was approved, and authority was granted to the President of the University as recommended, by the following vote: Aye, M r . Davis, M r . Fornof, M r . Livingston, M r . McKelvey, Mr. McLaughlin, D r . Meyer, M r . Nickell, Mr. Williamson; no, none; absent, M r . Green, M r s . Grigsby, D r . Luken.

BUDGET OF PROPOSED CHICAGO BRANCH

(8) A preliminary budget for the proposed Chicago branch on Navy Pier. Estimated Expenditures Academic and Administrative $ 900 000 Physical: Operation and maintenance, and phones 315 000 Restoration 25 000 Rental 90 000 Remodeling 250 000 Purchase of Navy facilities 100 000 Total, Physical (780 000) Contingent 320 000 Total, Estimated Expenditures $2 000 000 Estimated Income 750 000 Tax Funds Appropriation Needed $1 250 000