Repository: UIHistories Project: Board of Trustees Minutes - 1974 Version B [PAGE 528]

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BOARD OF TRUSTEES

[March 20

Peoria School of Medicine at Peoria Now, Therefore, Be It Resolved, that an application for the project described is authorized and directed to be filed with the National Institutes of Health, Department of Health, Education, and Welfare, United States of America; and be it further Resolved, that The Board of Trustees of the University of Illinois designates David W. Bonham, Director of Business Affairs of the University of Illinois at the Medical Center, as the officer authorized to file the application and act as the representative of this Board in connection with said application. O n motion of M r , Swain, the foregoing resolution was adopted. Resolution Authorizing the Filing of Application for Grant Funds under Part B, Title VII, of the Public Health Service Act Whereas, the Public Health Service Act authorizes Federal grants to assist in the construction of new facilities and the expansion, replacement, or rehabilitation of existing schools of medicine, osteopathy, dentistry, public health, pharmacy, optometry, podiatry, and veterinary medicine; and Whereas, The Board of Trustees of the University of Illinois, the governing body of the University of Illinois, hereinafter called the Applicant, is cognizant of the conditions under which such grants are made available and approved for payment to an applicant; and Whereas, it is the sense of the governing body of the Applicant that it is desirable to apply for a construction grant under the aforementioned act for the project described as follows: College of Dentistry, Phase II, at the Medical Center Now, Therefore, Be It Resolved, that an application for the project described is authorized and directed to be filed with the National Institutes of Health, Department of Health, Education, and Welfare, United States of America; and be it further Resolved, that The Board of Trustees of the University of Illinois designates David W. Bonham, Director of Business Affairs of the University of Illinois at the Medical Center, as the officer authorized to file the application and act as the representative of this Board in connection with said application.

On motion of Mr. Swain, the foregoing resolution was adopted.

S P A C E AND EQUIPMENT RENTAL AGREEMENT

(19) The U D Corporation, an Illinois corporation-for-profit, has been organized as a result of the expressed interest of, and financial support from, the University of Illinois Foundation. The corporation is to conduct an experimental program concerned with the development of ideas, processes, procedures, and hardware that originate from research at the University. The Advanced Research Projects Agency has encouraged this experiment as a method of making basic and applied research funds more cost effective by developing for government and commercial use the results of research funded by the Federal Government. The President of the University, with the concurrence of appropriate administrative officers, recommends that space and equipment in the Advanced Computation Building be rented to the new corporation at the following annual rates: 1. Space —$4.50/sq. f t ; 2. University equipment —10 per cent of original cost prorated on basis of usage. The lease of rental space and equipment to the corporation by the University will not interfere with normal University programs; either party may terminate the lease(s) upon 90-days advance written notice to the other. The agreements would be effective March 21, 1974. It is the intent of the corporation to occupy non-University space by September 30, 1975, and to cease rental of University equipment by the same date.