Repository: UIHistories Project: Board of Trustees Minutes - 1952 [PAGE 1277]

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BOARD OF TRUSTEES

[February 22

and to refund the outstanding 'Men's Residence Halls Revenue Bonds of 1048' of said University in the principal amount of $233,000, fixing the date, maturities, form and other details of said bonds, and making covenants and provisions for the payment of said bonds and the interest thereon," is a true, correct and exact copy of the original resolution adopted by the Board of Trustees of the University of Illinois at its regular meeting held on the day of , 1952.

I N W I T N E S S W H E R E O F I hereunto set my hand and the seal of said University of Illinois, this day of , 1952.

Secretary, Board of Trustees, University of Illinois BUSINESS PRESENTED BY THE PRESIDENT OF THE UNIVERSITY

The Board resumed consideration of the following reports and recommendations from the President of the University.

IMPROVEMENTS IN BUSEY A N D EVANS HALLS

(14) As a part of the expansion of residence halls facilities at Urbana-Champaign, $25,000 has been allocated to improvements in Busey and Evans Halls. T h e Director of the Physical Plant and the Comptroller recommend that this fund be used for fire protection improvements. T h e improvements would include the enclosing by use of fire doors and fire partitions the east and west center stairs in Busey Hall and the east and west main stairs in Evans Hall. I concur.

On motion of Mrs. Watkins, these funds were allocated, as recommended, by the following vote: Aye, Mr. Fornof, Mr. Herrick, Mr. Hickman, Mr. Johnston, Mr. Livingston, Mr. Nickell, Mrs. Watkins; no, none; absent, Mr. Grange, Mrs. Holt, Mr. Megran, Mr. Stevenson.

SETTLEMENT OF WARNER CONSTRUCTION COMPANY CONTRACTS (15) F r o m time to time the Board of Trustees has received reports on the claims of the University against the W a r n e r Construction Company and counterclaims by the Company with respect to its contracts for the construction of the Lincoln Avenue Residence and a part of the Utilities Distribution System at Urbana. On July 22, 1948, the Board adopted a resolution declaring the Company in default under the terms of its contract for the construction .of the Lincoln Avenue Residence. Subsequently, administrative machinery was set up to expedite settlement of certain claims so that the contractor could complete the construction of the Halls. On December 28, 1948, the Executive Committee of the Board authorized the appointment of a special committee to make recommendations to the Board of Trustees regarding claims. ( T h e President of the Board appointed Mr. Kenney E. Williamson, then a member of the Board of Trustees, and the President of the University to serve on this committee.) Several months ago the W a r n e r Construction Company gave the First National Bank of Chicago an unequivocable assignment of its contracts and the power of attorney to settle them on behalf of the Company. Mr. Lloyd Morey, Comptroller, Mr. R. F. Lesemann, Legal Counsel, and Mr. J. H. Armstrong, Special Counsel employed by the Board of Trustees in this matter, representing the President of the University, have been working intensively with officials of the First National Bank of Chicago. T h e Bank has indicated its willingness, concurred in by the W a r n e r Construction Company, to effect a settlement on a basis which the President's representatives, with the concurrence of Mr. C. S. Havens, Director of the Physical Plant, are recommending. This settlement provides: 1. T h a t the University allow the W a r n e r Construction Company the amount for additional work done on the two contracts on the basis of the latter's state-