Repository: UIHistories Project: Board of Trustees Minutes - 1950 [PAGE 524]

EXTRACTED TEXT FROM PAGE:

1949]

Resolution

UNIVERSITY OF ILLINOIS

515

authorizing assignment to Medical Center Steam Company of ordinance passed June 22, 1949, by City Council of the City of Chicago Resolved: That, upon the filing with the City Clerk of the City of Chicago of the acceptance (authorized to be filed in and by another resolution this day adopted by this Board) of the ordinance hereinafter in this resolution mentioned, the Board of Trustees of the University of Illinois hereby authorizes, empowers and directs the Comptroller and the Secretary of this Board, in the name and on behalf of this Board, to execute and deliver to Medical Center Steam Company, an Illinois corporation, an assignment of all the rights, benefits, privileges and advantages granted and conferred by the ordinance duly passed by the City Council of the City of Chicago, Illinois, on June 22, 1949, granting permission and authority "to the University of Illinois, a corporation, its successors and assigns, upon the terms and subject to the conditions of this ordinance, to excavate for, install and maintain conduits, tunnels, steam and condensate pipes and related accessories in any and all streets, avenues, alleys and public places within the boundaries of the 'Medical Center District' as now or hereafter established," in said City of Chicago; such assignment to be substantially in the form submitted to this meeting; and that the Secretary of this Board be and he is hereby directed to file with the records of this meeting, properly identified, a copy of such assignment in the form submitted to this meeting. authorizing execution of revised steam contract with Medical Center Steam Company Resolved: That the Board of Trustees of the University of Illinois hereby approves, in the form submitted to this meeting, the proposed revised agreement between Medical Center Steam Company, a corporation organized on June 28, 1949, and now existing under the laws of Illinois, and this Board (such proposed revised agreement being a revision of the proposed agreement approved for execution by this Board at its meeting held on May 21, 1949), providing for the construction by the Steam Company of a central steam plant and distribution system and the furnishing of steam service to the University, and through the University to other institutions located within the Medical Center District as defined in such revised agreement, all upon the terms and subject to the conditions set forth in such revised agreement; that the Comptroller and the Secretary of this Board be and they hereby are authorized, empowered and directed, in the name and on behalf of this Board, to execute and deliver such revised agreement in the form submitted to this meeting or with such changes in such form, not of substance, as may be approved by such officers, their approval of any such changes to be conclusively evidenced by their execution and the delivery of such revised agreement; that upon the execution of such revised agreement by this Board and the Steam Company, the proper officers or agents of this Board be and they hereby are authorized, empowered and directed to do all such things as may be necessary to carry out and perform all of the obligations of this Board under such revised agreement; and that the Secretary of this Board be and he hereby is directed to file with the records of this meeting, properly identified, a copy of such revised agreement in the form submitted to this meeting, and also, if any changes be made in such agreement prior to the execution thereof, a copy thereof as executed and delivered by the parties thereto. Resolution authorizing conveyance of certain real estate to Medical Center Steam Company Resolved: That the Board of Trustees of the University of Illinois, in furtherance of the purposes of the steam contract dated as of July I, 1949, between Medical Center Steam Company and this Board, hereby authorizes, empowers and directs the Comptroller and the Secretary of this Board, in the name and on behalf of this Board, to execute and deliver to Medical Center Steam Company, an Illinois corporation, a warranty deed conveying to such Medical Center Steam Company the following described real estate, to wit: ( H e r e insert description of the real estate presently to be conveyed, representing a portion of the site of the proposed steam plant and coal storage yard of the Steam Company) Resolution