Repository: UIHistories Project: Board of Trustees Minutes - 1948 [PAGE 344]

EXTRACTED TEXT FROM PAGE:

I947J

UNIVERSITY OF ILLINOIS

343

Mrs. Holt, Mr. Livingston, Mr. McKelvey, Mr. McLaughlin, Dr. Meyer, Mr. Williamson; no, none; absent, Mr. Green, Dr. Luken, Mr. Nickell. At this point, President Livingston, being called from the room, asked Dr. Meyer to take the chair.

INSURANCE ON AIRPORT HANGAR (13) The Board has previously authorized insurance on the hangar at the University Airport. The present insurance of $80,000 expires July 1. It should be increased to $160,000 in view of increased replacement costs. Insurance is on an 80 per cent co-insurance plan to be written for three years, premiums for second and third years deferred. All agencies requesting an opportunity to quote on this insurance were advised. From quotations received, the Purchasing Agent and Comptroller have recommended that the insurance be placed as follows: Amount of A nnual Agent Insurance Company Insurance Premium #30 000 #582 60 Insurance Co. of Burton & Trelease, Champaign North America Boggs & Cogdal, United States Fire In30 000 582 60 Urbana surance Co. of New York Ferris, Whit, American Insurance Co. 30 000 582 60 401 Volkmann Bldg., of Newark, New Jersey Kankakee Smith, Frank, St. Paul Fire and Marine 30 000 582 60 Champaign Insurance Co. of St. Paul United Mutual Insurance 40 000 776 80 Company, Chicago The Finance Committee recommends approval of this recommendation. No additional appropriation is required.

On motion of Mr. McKelvey, these awards were authorized as recommended.

PURCHASE OF COAL FOR GALESBURG UNDERGRADUATE DIVISION (14) Bids have been requested on 15,000 tons of screenings ( i j 4 " x o " ) estimated as required during the period June 1, 1947, through May 1, 1948, for the plant at the Galesburg Undergraduate Division. Bids were requested from 35 concerns, known or thought to be interested in and possibly able to furnish this coal. The only bid received was from the Central Indiana Coal Company, Galesburg office, for coal from its Victoria, Illinois, mine at $3.00 a ton, f.o.b. mine, subject to price adjustments, freight rate 88£ a ton, estimated total of contract $45,000, estimated total cost of coal delivered $58,200. A contract is necessary in order to be assured of a continuing supply. The period involved covers parts of two biennial periods. Hence an order will be issued for the estimated 600 tons required before June 30, 1947, and an additional contract for the remainder required after July 1, 1947. The Business Manager of the Galesburg Undergraduate Division, the Purchasing Agent, the Director of the Physical Plant, and the Comptroller recommend approval of this contract. Under the state constitution the contract also must be submitted to the Governor for approval. I concur and request authority for the Comptroller and the Secretary of the Board to execute the contract when approved by the Governor. O n m o t i o n of M r . M c K e l v e y , t h i s c o n t r a c t w a s a p p r o v e d a n d its execution was authorized as recommended. UNIVERSITY'S SHARE OF SEWAGE DISPOSAL COSTS (15) Officers of the Urbana-Champaign Sanitary District have requested the University to assume a share of the operating cost of sewage disposal, for the following reasons: A. The University did not contribute anything toward the cost of constructing the treatment plant and interceptors built in 1923-1924 and has likewise contributed