Repository: UIHistories Project: Board of Trustees Minutes - 1954 [PAGE 1384]

EXTRACTED TEXT FROM PAGE:

1954]

UNIVERSITY OF ILLINOIS

I38l

bidder, for remodeling of space occupied by the Department of Anatomy in the College of Medicine. T h e work will consist of rearrangement of partitions, improvements in lighting, and installation of new laboratory equipment, and is part of the program of remodeling to improve and to increase the capacity of existing facilities. Funds are available in the reserve assigned for remodeling at the Chicago Professional Colleges by the Board of Trustees on May 15, 1954. I concur and recommend that the Comptroller and the Secretary of the Board be authorized to execute this contract.

On motion of Mr. Livingston, this contract was awarded and the Comptroller and the Secretary of the Board were authorized to execute the same.

CONTRACT FOR OXYGEN FOR RESEARCH AND EDUCATIONAL HOSPITALS (25) On July 25, 1953, the Board of Trustees authorized the purchase of bulk oxygen for the Research and Educational Hospitals from the Linde Air Products Company, Chicago, at the rate of $0.55 per 100 cu. ft. from a bulk supply (outdoor installation) with the understanding that this arrangement was to continue for one year, at a total estimated annual expenditure of $0,900. Due to difficulties beyond the University's and Linde's control, the start of this service has been delayed. T h e first oxygen was used on May 14, 1954. The firm anticipated at least one full year's withdrawals from their expensive storage installation which they have placed on University premises, but the total expenditures during 1953-1954 will not exceed $500. In view of the difficulties surrounding the inauguration of this service and of the high degree of cooperation that the University has received from representatives of Linde, some consideration regarding the dating of this arrangement is due the firm. The Business Manager of the Chicago Professional Colleges and the Comptroller recommend that the arrangement for service be extended until June 3°, I9SSI concur.

On motion of Mr. Nickell, extension of this contract for one year from July I, 1954, was authorized.

CONTRACT FOR CONSTRUCTION OF GRAIN STORAGE TANKS AT ALLERTON FARMS (26) The Dean of the College of Agriculture and the Comptroller recommend award of a contract to George W. Quick and Sons, Tiskilwa, Illinois, for the erection of two concrete grain storage tanks at the Amenia elevator for use by the Robert Allerton Farms at a cost of $14,738. T h e storage tanks will be located on Illinois Central Railroad property. The University now owns the elevator at Amenia, also located on Illinois Central Railroad property. This and other present storage facilities on the Robert Allerton Farms are inadequate for the normal production of beans, wheat, and oats. The probable 1954 production is 64,000 bushels while the storage facilities on the farms provide for only 26,000 bushels, leaving a deficiency of 38,000 bushels. Central storage at the elevator will be more advantageous from the standpoint of the University. The tenants also prefer central storage to farm storage even though they pay rental for central storage. The Amenia elevator is now rented to the Monticello Grain Company, which pays to the University onehalf of the gross storage income plus one cent a bushel for all grain loaded out. The additional tanks would be rented on the same basis. T h e estimated additional income is $1,500 a year. Funds are available from income of the farms for this purchase. If additional storage facilities are not provided, the University will be required to sell much of its soybean crop at harvest. During the past few years, the price differential from holding the crop rather than selling it at harvest has been great enough to recover the cost of the storage facilities within a relatively short period of time. I concur and recommend that the Comptroller and the Secretary of the Board be authorized to execute a contract with George W. Quick and Sons, modify the rental agreement with the Monticello Grain Company to cover the additional storage tanks, and execute the necessary documents with the Illinois Central Railroad subject to approval of the Legal Counsel.