Repository: UIHistories Project: Board of Trustees Minutes - 1948 [PAGE 180]

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178

BOARD O F TRUSTEES

[November

22

It is the opinion of Sargent and Lundy, engineers on this project, that if the contracts should be awarded to Oberle-Jordre Company that the University should anticipate an escalation of approximately 25 per cent over the amount listed in the above tabulation. Due to the fact that the proposal from the American Boiler & Tank Company is a firm proposal and the proposal from the Oberle-Jordre Company, the lowest bidder on this work, is subject to unlimited escalation, Sargent and Lundy recommended, and the Physical Plant Department and the Comptroller concur, that this contract be awarded to the American Boiler & Tank Company in the amount of $45,750 for the erection of boiler and miscellaneous equipment. Funds are available in the existing funds released for the power plant addition project for the award of this contract. I concur and recommend that the Comptroller and Secretary of the Board be authorized to conclude a contract with the American Boiler & Tank Company in accordance with their proposal. O n motion of M r . Williamson, this contract was authorized as recommended.

CONTRACT FOR PURCHASE OF COAL FOR UNDERGRADUATE DIVISION O F UNIVERSITY AT GALESBURG

(20) Bids were invited from 33 concerns for 15,000 tons of Ij4" to o" coal screenings as required during the period October I, 1946, through June 30, 1947, inclusive, to be delivered at the rate of one car a day, for the Undergraduate Division of the University located at Galesburg. The only quotation received was from the Central Indiana Coal Company of Galesburg, Illinois, at a price of $2.45 f.o.b. mine, plus 79^ freight, or a total cost of $3.24 a ton f.o.b. Galesburg, subject to price adjustment. It is recommended by the Director of the Physical Plant and the Comptroller that the contract be awarded to the Central Indiana Coal Company at an approximate cost of $49,100. I concur and recommend that the Comptroller and the Secretary of the Board be authorized to conclude a contract with the Central Indiana Coal Company, in accordance with the foregoing proposal. The contract is subject to approval by the Governor. Because of its urgency, this recommendation was submitted to and approved by all members of the Executive Committee on October 30. Confirmation by the Board is requested. O n motion of Mr. Davis, this a w a r d was approved and confirmed.

EMPLOYMENT OF UNIVERSITY AUDITORS

Mr. Williamson, for the Finance Committee, presented a recommendation that A r t h u r Y o u n g and Company be employed as auditors, for the fiscal year ending J u n e 30, 1947, with the understanding that their fees (including traveling expenses) will not exceed the following amounts: University of Illinois $y 000 University of Illinois Foundation 500 Athletic Association 700 On motion of M r . Williamson, this recommendation was adopted.

EASEMENT OF LAND FOR ROUTE 4 5

M r . McKelvey presented a recommendation of the Committee on Buildings and Grounds that the following resolution be adopted, to facilitate the widening of Route 45 leading to the University of Illinois Airport.