Repository: UIHistories Project: Board of Trustees Minutes - 1954 [PAGE 619]

EXTRACTED TEXT FROM PAGE:

6i6

BOARD OF TRUSTEES

[April 20

On motion of Mr. Herrick, this recommendation was approved and the Comptroller and the Secretary of the Board were authorized to execute the contract.

AGREEMENT WITH COMMONWEALTH EDISON COMPANY FOR EXTENSION OF ELECTRIC SERVICES AT CHICAGO PROFESSIONAL COLLEGES (23) T h e Director of the Physical Plant and the Comptroller recommend execution of an "excess facilities agreement" with the Commonwealth Edison Company for the supplying of electric service to the East Dentistry-MedicinePharfnacy Building now under construction. The Board of Trustees has approved an agreement with the Commonwealth Edison Company for the delivery of electric power at the Chicago Professional Colleges through central points and its sale under a plan known as "multiple service and combined billing." This results in a lower rate since it is based on the total demand. The delivery of electric power to the East Dentistry-MedicinePharmacy Building will require the Commonwealth Edison Company to furnish and install certain underground and vault equipment for which the University will make a lump sum payment of $9,367 and pay a monthly transformer rental of $278.25 to Commonwealth. However, the reduced billing under this arrangement will result in the recovery of the payment of $9,367 by the University during the first three years. T h e reduced billing will continue thereafter. Funds are available in the appropriation for the construction of the East Dentistry-Medicine-Pharmacy Building and in the operation and maintenance budget of the Physical Plant Department to provide for these payments. I concur and recommend that the officers of the Board be authorized to execute the necessary documents.

On motion of Mrs. Watkins, this recommendation was approved.

CONTRACT FOR PURCHASE OF COAL FOR CHICAGO DEPARTMENTS

(24) Bids have been received on uniform specifications for the purchase of 16,000 tons of coal screenings to be delivered, as required from August 1, 1953, to June 30, 1954, to the Medical Center Steam Company operated by the University. The Business Manager of the Chicago Departments, the Director of the Physical Plant, and the Comptroller recommend award of a contract to the Silver Creek Coal Company, Chicago, the lowest bidder, for 1%" screenings coal to be furnished from their mine at a cost of $4.25 f.o.b. mine, freight $.78, plus $1.32 handling and delivery charges, or a total estimated cost of $101,600. This price is based on the present wage scale and is subject to increase or decrease in the event that wage contracts now in effect are changed. Any such change will affect the price to the extent that production costs are increased or decreased by the new contracts. The University has the right of approval or rejection of any such increase in price. T h e lowest bid is determined by the number of British Thermal Units for one cent based on guaranteed analyses. A continuous check at the power plant is provided to insure compliance with specifications. I concur and recommend that the Comptroller and the Secretary of the Board be authorized to execute the contract subject to approval by the Governor as required by the state constitution.

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

OIL AND GAS LEASE O N FORMER OLNEY AGRICULTURAL EXPERIMENT FARM (25) The University formerly owned 96.31 acres of land in Richland County near Olney, Illinois. It was purchased in 1909 as an experimental fruit farm for the Department of Horticulture and was used continuously until 1951 when it was sold on recommendation of University authorities and with the approval of the Board of Trustees. In selling the land the University retained one-half