Repository: UIHistories Project: Board of Trustees Minutes - 1954 [PAGE 390]

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1952]

UNIVERSITY OF ILLINOIS

387

On motion of Mr. Grange, this report was approved and the amendments recommended were adopted. The Director of the Nonacademic Personnel was requested to call the attention of all parties concerned, and especially University employee groups affected by these changes, to the provision that the extension of vacation benefits, effective July 1, 1953, is contingent upon the availability of additional funds to cover any added costs involved.

REPORT OF THE EXECUTIVE COMMITTEE ON SETTLEMENT OF KATSINAS CLAIM FOR EXTENSION OF LEASE IN ARCADE BUILDING

The Executive Committee presented the following report:

As authorized by the Board of Trustees at its meeting on July 16, 1952, the Executive Committee has approved a settlement, recommended by the Committees on Buildings and Grounds and General Policy, with the Katsinas interests of their claim against the University because of the decision of the Board of Trustees not to renew the lease of space in the Arcade Building in which Katsinas has been operating a restaurant. Counsel for Katsinas proposed that the University either give them a sevenyear extension of the lease from September 1, 1952, or pay them $67,812.39, which they claim constituted the unamortized value of improvements made to the premises and of the equipment installed therein. The Board disapproved extension of the lease. It was the judgment of the Board that it would not be justified in paying the sum asked by Katsinas, but the Board indicated willingness to consider payment of a reasonable sum for the improvements, such equipment as is not removable and such of the other equipment as the University could use. The matter has been in the hands of a special committee (Committees on Buildings and Grounds and General Policy) which recommended to the Board on July 16, 1952, that a settlement along those lines be made. This recommendation was referred by the Board to the Executive Committee with power to act on recommendations of the special committee. The Executive Committee and the Katsinas interests have now agreed to a settlement whereby the University will pay them $17,991 for improvements and equipment less the sum of $2,122.43 for rent under the lease with respect to which they were in arrears and for some items of labor and materials which the University furnished, and will allow occupancy of the premises for sale and removal of the equipment not purchased by the University for not more than sixty days following receipt by Katsinas of notice of the University's acceptance of the offer. Rent will be charged at the rate of $350 per month (the rate paid while the lease was in effect) for any period of time after thirty days from the receipt of said notice (September 8, 1952) during which the Katsinas interests are still in possession of the premises. Other work now in progress at the University would prevent any substantial remodeling being done in the space occupied by the restaurant during that period so that the sixty-day period of occupancy granted under the settlement agreement will not materially interfere with the plans of the University for use of such space.

FRANCES B. W A T K I N S H E R B E R T B. M E G R A N PARK LIVINGSTON

Chairman Executive Committee of the Board of Trustees

This report was received for record. Mr. Lesemann stated that since the settlement agreement affects the estate of the late John Katsinas, it is subject to approval by the Champaign County Court. At this point Mr. Nickell took his place with the Board.

APPRECIATION DAY FOR MEMBERS OF THE GENERAL ASSEMBLY OF ILLINOIS

President Livingston and Mrs. Watkins reported an Appreciation Day for members of the General Assembly which was held in Chicago on Friday, September 12, 1952. On this occasion members of the General