Repository: UIHistories Project: Board of Trustees Minutes - 1950 [PAGE 250]

EXTRACTED TEXT FROM PAGE:

1949]

UNIVERSITY OF ILLINOIS

247

these areas was omitted from the original specifications and deferred until it was certain that funds would be available. Acoustical treatment of ceilings will reduce the noise from the corridors and it is desirable because some classes will extend through periods when other classes are changing. Funds are now available for this addition. I concur and request that the Comptroller be authorized to execute this addition to the contract.

On motion of Mr. McKelvey, this addition to contract was authorized as recommended.

INSTALLATION AND MAINTENANCE OF ELECTRICAL CONDUIT UNDER A N D ACROSS CERTAIN STREETS IN THE CITY OF CHICAGO (12) At the request of the University of Illinois, the City Council of the City of Chicago passed an ordinance on December 22, 1948, granting permission to the University to excavate for, install, and maintain an electrical conduit under and across certain streets in the City of Chicago. The Legal Counsel recommends that the following resolution be adopted. I concur and recommend that the Comptroller and the Secretary of the Board be authorized to execute an acceptance form for such an electrical conduit.

RESOLUTION

Whereas, the City Council of the City of Chicago, at its regular meeting on December 22, 1948, passed an Ordinance which grants permission to the University of Illinois to install and maintain electrical conduit under and across certain streets in the City of Chicago, and Whereas, by the provisions of said Ordinance, a copy of which is hereto attached, the same is required to be accepted by the University of Illinois, Now Therefore, Be It Resolved by the Board of Trustees of the University of Illinois that the permission granted by said Ordinance be and the same is hereby accepted according to the terms of said Ordinance as set forth therein.

On motion of Mr. Livingston, this resolution was adopted and authority was given as recommended.

PURCHASE OF PRINTING EQUIPMENT (13) On March 27, 1947 (Minutes, page 312), the Board of Trustees authorized the purchase of a new press to be installed in Gregory Hall for joint use by the Illini Publishing Company, the University Press, and the School of Journalism to replace the press now owned and operated by the Illini Publishing Company in Illini Hall. An appropriation of $25,000 was made to apply toward the cost of the press, the balance of cost of the press to be paid by the Illini Publishing Company. On September 26, 1947 (Minutes, page 829), the Board approved a contract with Goss Printing Company for the purchase of the press at a price of $59,710 with an escalator clause providing for an increase in price prior to delivery. It was agreed that if the readjusted price was not satisfactory the contract could be cancelled by the buyer without penalty. When the contract was finally concluded in November, 1947, a price of $61,160 was stipulated. At that time, a payment of $6,116 was made as the contract provided. On January 5, 1949, the company served notice that the press would be ready for delivery in March, 1949, and the price would be $65,575. In the meantime, serious problems have arisen concerning the location of the press, the space originally intended being in an addition to the north side of Gregory Hall. This plan has not proved entirely feasible and no satisfactory permanent location is now available. The Illini Publishing Company, which is required to meet the cost of the press in excess of the $25,000 appropriation made by the University, has concluded that the option to cancel the contract should be exercised. The company has been notified accordingly and has returned the deposit made on the contract and has accepted the cancellation. The University appropriation is being lapsed into the General Reserve.

On motion of Dr. Meyer, this cancellation of contract was confirmed.