Repository: UIHistories Project: Board of Trustees Minutes - 1950 [PAGE 1139]

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UNIVERSITY OF ILLINOIS

II3I

On motion of M r . Livingston, the revised by-laws of the Athletic Association were approved as recommended.

ADJUSTMENT OF FEES IN THE CHICAGO PROFESSIONAL COLLEGES (14) On May 27, 1941, the Board of Trustees (Minutes, page 297) adopted a resolution establishing a student fee for the use of the Medical and Dental College Laboratories Building in Chicago to provide for the operation and maintenance of the building and for the debt service on the revenue bonds issued to finance the construction of the second unit. The effect of this action was to maintain the fee schedule at about the same total but to segregate a part of the total for the purposes indicated. The debt obligation has been paid and the trust terminated, so that the segregation of a part of the total fee for the use of the building should be discontinued. An annual appropriation of ?62,ooo for the operation and maintenance of this building has been made from this fee income during the period the bonds have been outstanding. This provision must be continued, and the funds will come from general appropriations to the University. There is a possibility that the remaining portion of the segregated amount may be needed to help finance a housing program at the Chicago Professional Campus. In any event, it is now required that the total fee structure be readjusted to eliminate the special fee but without a reduction in the total fees charged at the Chicago Professional Colleges. There are submitted schedules of the present fees and the proposed fees (see Appendix, pages 1158 and 1159). The Committee on Fees and Scholarships has reviewed this proposal and recommends its adoption. I concur. O n m o t i o n of M r . H i c k m a n , t h i s r e c o m m e n d a t i o n w a s a d o p t e d . COMPTROLLER'S REPORT OF CONTRACTS (15) The Comptroller's report of contracts executed, and of changes and adjustments made during the month of April, 1950 (see Appendix, page 1158). T h i s r e p o r t w a s r e c e i v e d for r e c o r d . PURCHASES (16) A report of (A) emergency purchases authorized and (B) purchases recommended (see Appendix, page IT60). O n m o t i o n of D r . M e y e r , t h e a c t i o n of t h e P r e s i d e n t of t h e U n i v e r s i t y in a u t h o r i z i n g e m e r g e n c y p u r c h a s e s w a s a p p r o v e d a n d c o n f i r m e d , and the purchases recommended were authorized. QUARTERLY REPORT OF THE COMPTROLLER (17) The Comptroller presents his quarterly report to the Board as of March 31, 1950. T h i s report w a s received for record. CHANGES IN PROVISIONS FOR DEATH BENEFITS AND DISABILITY AND RETIRING ALLOWANCES (18) On December 13, 1924, the Board of Trustees established in the University of Illinois Statutes provisions for retiring allowances and death benefits for faculty and other employees. This plan was replaced by the present "University Retirement System of Illinois" established by an Act of the General Assembly in 1941. On August g, 1941, the Board of Trustees adopted a resolution terminating the application of the old system of retiring allowances and death benefits to those members of the staff who thereafter came under the new University Retirement System and provided a revised plan for those continued under the old system and for new employees not eligible to participate in the new system. The old plan was set up on the basis of paying a part of each employee's salary for current services in cash and part in the form of retiring allowances and death benefits representing deferred payments. The schedule of retiring allowances and death benefits provided by the resolution of the Board of Trustees of August 5, 1941, for employees not participating in the University Retirement System is no longer completely effective, since it is limited to employees on permanent and continuous employment. Changes in the University Retirement System made by the General Assembly provide that all