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Caption: Board of Trustees Minutes - 1954
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1384 BOARD OF TRUSTEES Department Physical Plant IUini Union Physical Plant Vendor Continental Car-Na-Var Corp., Brazil, Ind. The Brunswick-Balke Collender Co., Chicago Cities Service Oil Co., Bloomington [June 21 Cost $ 4 400 00 Item 2,500 gallons floor wax to be shipped as required during the year ending June 30, 1955 Labor and material required to replace bowling alley pin decks, gutters, kickbacks, and pit floors 140,000 gallons (approximately) regular gasoline to be delivered as required during period from July 1, 1954through June 30, 1955 Aviation gasoline to be delivered during period from July 1, 1954. through June 30, 1955 Builder's risk insurance including fire and extended coverage on a monthly reporting form basis effective July 1, 1954. for two years on the new Law Building, Champaign, while under construction and on which the final insurable value is estimated at $1,500,000; the term of the policy may be terminated at any time by the University f.o.b. Urbana f.o.b. factory 1 671 00 24 759 00 Institute of Aviation Physical Plant Shell Oil Co., Chicago H. D, Short, Champaign, representing the AutoOwners Mutual Insurance Co.—10% of the risk J. B. Reynolds, Peoria, representing the Indiana Lumbermen's Mutual Insurance Co. —15% of the risk Boggs & Cogdal, Urbana, representing the U.S. Fire Insurance Co.— 75% of the risk George B. Franks Agency, Champaign, representing the C o n n e c t i c u t Fire Insurance Company (estimated) f.o.b. delivered 35 340 00 (estimated) f.o.b. delivered 3 IOO 00 Comprehensive automobile fleet liability insurance effective July 1, i?54» for three years on an annual premium payment basis at liability limits of $50/250,000 bodily injury and $25,000 property damage covering all automobile liability of the University of Illinois at all University locations from ownership, maintenance, or use of any owned, non-owned, or hired vehicles used in the pursuit of University business; the University has the right to terminate the coverage at any time Hospital professional malpractice liability insurance (broad form) effective July 1, 1954, for five years, at liability limits £50,000 each person and $250,000 aggregate each year within the policy period covering the Board of Trustees of the University of Illinois and all full-time University staff personnel involved in the care and treatment of patients at Research and Educational Hospitals; Colleges of Dentistry, Medicine, Pharmacy; Neuropsychiatric Institute; Illinois Eye and Ear Infirmary; Illinois Surgical Institute for Children; Health Service Centers at the Professional Colleges and at Navy Pier; and any other locations in Cook County, Illinois, where the University may have such exposure; also like coverage on McKinley Hospital, Urbana, and the University Health Service Center, Champaign; the University has the right to terminate the coverage at any time Comprehensive aviation liabilityo rinsurance effective July 1, 1954. I n v e years on a monthly flight hour reporting form basis with liability limits of £50/250,000 bodily injury and $50,000 property damage covering aircraft owned, leased, borrowed, and operated by the University for student instruction, charter, rental, and any other uses; the policy may be canceled by the University at any time Physical Plant 4 22Z 55 (first annual payment) Research and Educational Hospitals James S. Kemper and Co., Chicago, representing the Lumbermen's Mutual Casualty Co. Chicago Risk 21 452 50 Champaign-Urbana Risk I 944 90 (Payments are to be made in equal annual installments) Institute of Aviation O. J. Wheeler, Chicago, representing the Eagle Star Insurance Co. 6 075 00 (estimated)
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