Repository: UIHistories Project: Board of Trustees Minutes - 1958 [PAGE 1285]

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1282 Form ACA-1632 (3-56)

BOARD O F T R U S T E E S

[June 19

DEPARTMENT OF COMMERCE CIVIL AERONAUTICS ADMINISTRATION WASHINGTON 25 GRANT AGREEMENT

—Offer Date of Offer: June 13, 1958 University of Illinois Airport Project No. 9-11-026-5802 Contract Serial No. C3ca-i394A To: The Board of Trustees of the University of Illinois and the State of Illinois acting by and through its Department of Aeronautics (herein referred to as the "Co-Sponsors") FROM: The United States of America (acting through the Administrator of Civil Aeronautics, herein referred to as the "Administrator") WHEREAS, the Co-Sponsors have submitted to the Administrator a Project Application dated February 21, 1958, for a Grant of Federal funds for a project for development of the University of Illinois Airport (herein called the "Airport"), together with plans and specifications for such project, which Project Application, as approved by the Administrator, is hereby incorporated herein and made a part hereof; and WHEREAS, the Administrator has approved a project for the development of the Airport (herein called the "Project") consisting of the following described airport development: Construct unit of administration building with utilities; Construct control tower with utilities; Relocate beacon, (This is in addition to the development included in Project No. 9-11-026-101.) all as more particularly described in the property map and plans and specification? incorporated in the said Project Application; Now therefore, pursuant to and for the purposes of carrying out the provisions of the Federal Airport Act (60 Stat. 170; Public Law 377, 79th Congress), and in consideration of ( a ) the Board of Trustees of the University of Illinois' adoption and ratification of the representations and assurances contained in said Project Application and acceptance of this Offer by the Board of Trustees of the University of Illinois and the State of Illinois, Department of Aeronautics as hereinafter provided and ( b ) the benefits to accrue to the United States and the public from the accomplishment of the Project and the operation and maintenance of the Airport, as herein provided, The administrator, for and on behalf of the United States, hereby offers and agrees to pay, as the United States' share of costs incurred in accomplishing the project, 50 per centum of all allowable project costs, subject to the following terms and conditions: 1. The maximum obligation of the United States payable under this Offer shall

be $254,550.00.

Part I

2. The Co-Sponsors shall ( a ) begin accomplishment of the Project within a reasonable time alter acceptance of this Offer, and ( b ) carry out and complete the Project in accordance with the terms of tins Offer, and the Federal Airport Act and the Regulations promulgated thereunder by the Administrator in effect on the date of this Offer, which Act and Regulations are incorporated herein and made a paft hereof, and , ( c ) carry out and complete the Project in accordance with the plans and specifications and property map incorporated herein as they rnay be revised or modified with the approval of the Administrator or his dul} authorized representatives. 3. T h e Board of Trustees of the University of Illinois shall operate and maintain the Airport as provided in the Project Application incorporated herein.