Caption: Board of Trustees Minutes - 1956
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212 BOARD O F T R U S T E E S [January 24 Adjustment Made in 1953-54 Cost-Pius Contract (Adjustment in project authorized prior to July I, 1954) With Whom Purpose Amount Date Consulting EngiDavenport Hall remodeling room 167 $ 17 601 December 9, 1954 neering Services Adjustments Made in 1954-55 Cost-Pius Contracts With Whom Purpose Amount Date Harry F. Fisher Twenty-six items: $76.13 deduct to $1 386 96 December, t9S4 (Plastering) S388.00 This report was received for record. CONTRACT FOR AIR CONDITIONING IN RESEARCH AND EDUCATIONAL HOSPITALS ADDITION (18) The Director of the Physical Plant and the Comptroller recommend the award of a contract for $108,634 to the Reliable Sheet Metal Works, Inc., Chicago, the only bidder, for air conditioning installations in the addition to the Research and Educational Hospitals. The work will consist of installations in the surgery and medical clinics and the milk formula area on the first floor, and in the bacteriological and serological laboratories on the second floor. It is a part of the remodeling program related to the activation of the Research and Educational Hospitals Addition, and is necessary to improve conditions in certain critical areas where the work being done requires cooling and filtration of air. Funds are available in a special appropriation made by the Board of Trustees on May 15, 1954, for this remodeling program. I concur and recommend that the Comptroller and the Secretary of thi Board be authorized to execute this contract. On motion of Mr. Johnston, this contract was awarded and the Comptroller and the Secretary of the Board were authorized to execute the same. FEES FOR FLIGHT TRAINING COURSES (19) T h e Committee on Fees and Scholarships, the Provost, and the Comptroller recommend an increase in the fees for flight training courses offered by the Institute of Aviation from $250 to $275 for each course beginning with the summer of 1955. There has been no increase in the fees for flight courses since 1946, although the costs of instruction have gone up and the increase recommended is necessary to keep this program on a self-supporting basis. I concur. On motion of Mr. Livingston, this change in fees was approved. REPORT OF FINANCE COMMITTEE ON INVESTMENTS Mr. Livingston for the Finance Committee reported the following changes in investments: Endowment Funds — General Purchases $12,000 Commonwealth Edison Company first Series L 3 per cent Bonds due February 1, 1977 $12 100 shares Kennecott Copper Corporation common no par stock @ 95^ 9 $7,500 U. S. 2% per cent Bonds due December 15, 1962/1959 7 $17,000 U. S. 2%. per cent Bonds due December 15, 1962/1959 16 Endozvment Funds — Miller Estate Purchases 500 shares American Can Company common stock @ 4 0 ^ $20 500 shares General Electric Company common stock @ 425^ 21 300 shares Container Corporation of America common stock, 100 @ 63M1 and 200 @ 64 19 1 Deduct. 240 00 569 09 490 63 925 63 426 40 494 05 299 33
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