Repository: UIHistories Project: Board of Trustees Minutes - 1946 [PAGE 383]

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380

BOARD OF TRUSTEES

[February 24

pletion of this agreement with responsible persons is imminent, but contracts are not yet signed. (c) T h e University will contract with farmers to seed, cultivate, and combine a crop of oats at a rental of $2.50 an acre. Prospective farmers have already indicated their desire to participate. ( d ) T h e cost of spreading 1,200 tons of agricultural limestone at sixty cents a ton will be $720. T h e rental from 600 acres of oats at $2.50 an acre will be $1,500. This leaves $780 to the credit of the University to take care of any contingencies which may arise in the total transaction. ( e ) T h e actual seeding of blue grass will be done in the latter part of August, 1045.

On motion of Mr. Davis, these arrangements were approved.

APPROPRIATIONS FOR NONRECURRING EXPENDITURES (18) In accordance with recommendations from the Committee on Special Appropriations and Nonrecurring Expenditures, I recommend appropriations from the General Reserve Fund for the following purposes: 1. Remodeling in Natural History and Administration buildings, $5,500. 2. Remodeling Physics Library quarters. Previous estimates of the cost have varied from $5,000 to $7,000, but an accurate estimate under present conditions can be given only after securing bids. It is also necessary to secure priorities before work can be undertaken. I request authority to proceed with an effort to secure priorities for this project and, if this is successful, to receive bids, after which a recommendation for an appropriation will be submitted.

On motion of Dr. Meyer, authority was given as requested, and an appropriation of $5,500 was made as recommended, by the following vote: Aye, Mr. Davis, Mr. Fornof, Mr. Jensen, Mr. Livingston, Mr. McKelvey, Dr. Meyer; no, none; absent, Mr. Green, Mrs. Grigsby, Mr. Karraker, Dr. Luken, Mr. Nickell.

PROPERTY ACQUISITIONS IN CHICAGO (10) Additional properties have now become available for purchase in Chicago in the area approved by the Board for further expansion on May 24, 1943, being in the block bounded by Polk, Taylor, South Wood, and South Hermitage. T h e Director of the Physical Plant Department submits the following proposals obtained through Mr. Newton C. F a r r , negotiator: 1. 1743 West Polk Street $ 5 000 2. 837 and 839 South Wood Street 10 500 3. 905 South Wood Street 6 500 4. 915 South Wood Street 3 600 It is also expected that the property at 815-817 South Wood Street will become available in the not-far-distant future at a cost not in excess of $10,000. F u r t h e r effort is being made to secure satisfactory offers on other properties. It is thought that the aggregate of all such offers to J u n e 30 is not likely to exceed $50,000. T h e Director of the Physical Plant Department and the Comptroller request authorization for the purchase of the five properties described above and an appropriation of $50,000 from the General Reserve Fund to cover these properties and for use for other purchases which may develop. I concur and recommend approval.

On motion of Mr. McKelvey, these purchases were authorized, and the appropriation was made as recommended, by the following vote: Aye, Mr. Davis, Mr. Fornof, Mr. Jensen, Mr. Livingston, Mr. McKelvey, Dr. Meyer; no, none; absent, Mr. Green, Mrs. Grigsby, Mr. Karraker, Dr. Luken, Mr. Nickell.

REPORT ON BIDS FOR AIRPORT DRAINAGE (20) T h e Comptroller was instructed (Minutes, December 12, 1944, page 3 22 ) to secure competitive bids on the cost of placing the entire eastern drainage