Repository: UIHistories Project: Board of Trustees Minutes - 1954 [PAGE 754]

EXTRACTED TEXT FROM PAGE:

1953]

UNIVERSITY OF ILLINOIS

751

CONTRACT FOR CONSTRUCTION OF CATTLE BARN ON SOUTH CARTER-PENNELL FARM (22) The Dean of the College of Agriculture and the Comptroller recommend award of a contract for $3,042.72 to the lowest bidder, the Cissna Park Cooperative Lumber Company, for the construction of the barn and the laying of concrete floors 40' x 40' under the barn and 20' x 40' in the feed lot on the South CarterPennell Farm. I concur and recommend that the Comptroller and the Secretary of the Board be authorized to execute this contract. O n m o t i o n of M r s . W a t k i n s , t h i s c o n t r a c t w a s a w a r d e d b y t h e following v o t e : A y e , M r . Bissell, M r . G r a n g e , M r . H e r r i c k , M r s . Holt, Mr. Johnston, M r . Livingston, M r . M e g r a n , M r . Nickell, M r s . W a t kins; no, none; absent, Mr. Hickman, Mr. Stratton. LEASES FOR DISTRICT OFFICES OF THE DIVISION OF SERVICES FOR CRIPPLED C H I L D R E N (23) The Director of the Division of Services for Crippled Children and the Comptroller recommend that the University enter into leases for the quarters occupied by the district offices of the Division in Chicago and Peoria, Illinois. The office in Chicago is in the State of Illinois Building, 160 North LaSalle Street. The proposed lease, identical with the lease which has been in effect during the past biennium, is for office space in that building at a total rental of $25,800, or $1,075 monthly for the period from July 1, 1953, through June 30, 1955. Various state agencies which use this building pay rental into a revolving fund maintained by the Department of Finance for the operational expenses of the building. The lease for the office in Peoria is for space in the Central National Bank and Trust Company Building at a rental of $6,480, or $270 monthly for the period from July 1, 1953, through June 30, 1955, and is on the same basis as the lease for the previous biennium. The Division of Services for Crippled Children has funds for the payment of the rentals. I concur and request that the Comptroller and the Secretary of the Board be authorized to execute these leases. O n m o t i o n of M r . N i c k e l l , t h e s e l e a s e s w e r e a u t h o r i z e d b y t h e following v o t e : A y e , M r . Bissell, M r . G r a n g e , M r . H e r r i c k , M r s . Holt, Mr. J o h n s t o n , M r . Livingston, M r . M e g r a n , M r . Nickell, M r s . W a t kins; no, none; absent, M r . H i c k m a n , M r . Stratton. RENEWAL OF LEASES W I T H CITY OF CHICAGO FOR NAVY PIER AND DRILL HALL (24) The lease with the city of Chicago for the portion of Navy Pier used by the Chicago Undergraduate Division, authorized by the Board on January 25, 1947, expires on June 30, 1954. The lease for the adjacent Drill Hall, authorized on March 27, 1947, expires on the same date. For several months negotiations have been carried on by University officers with officials of the city of Chicago. These discussions have resulted in an indication of willingness on the part of the city of Chicago to renew the present leases on the following conditions: Present Reouestecl Increase in Rental: Rental Rental Increase a. Navy Pier, approximately 410,000 square feet, plus use of parking lot ? H 7 000 #156 000 $39 000 b. Drill Hall, 75,000 square feet 18 750 25 000 6 250 £135 75° #181 000 Net increase per year #45 250 Term of Lease: a. Navy Pier. One year from July I, 1954, with provision for extension by mutual consent for the two-year period beginning July 1, 1955, and for the two one-year periods beginning July I, 1957, and July I, 1958, respectively.