Repository: UIHistories Project: Board of Trustees Minutes - 1976 [PAGE 107]

EXTRACTED TEXT FROM PAGE:

96

BOARD OF TRUSTEES

[October 16

Summary

Amount to be paid to the University: Chicago Circle Medical Center Urbana-Champaign

Total

5 164 210 3*3 853 3 385 937

$3 894 000

Amount to be paid by the University: Chicago Circle Urbana-Champaign

Told

S 255 000 98 188

S 353 188

This report was received for record. SECRETARY'S REPORT T h e Secretary presented for record appointments to the faculty and changes of status made by the President; resignations; a declination; leaves of absence; and retirements. ANNOUNCEMENTS FROM THE PRESIDENT OF THE BOARD Future Meetings President Hughes called attention to the schedule of regular meetings for the next three months: November 13, 1974 (special date in view of calendar conflicts), Chicago Circle; December 18, 1974, Urbana-Champaign; January 15, 1975, Medical Center. REGULAR MEETING RECESSED FOR MEETING OF BUILDINGS AND GROUNDS COMMITTEE Mr. Hughes announced that the regular meeting would be recessed for a meeting of the Committee on Buildings and Grounds. H e also announced that an executive session had been requested and would be convened after the meeting of the Committee on Buildings and Grounds to consider reports on acquisition of property and pending litigation. EXECUTIVE SESSION When the Board reconvened, the same members of the Board, officers of the Board, and officers of the University as recorded at the beginning of these minutes were present. Purchase of 905 South Sixth Street, Champaign

(14) The President of the University, with the concurrence of appropriate administrative officers, recommends that the property at 905 South Sixth Street, Champaign, be acquired from the University of Illinois Foundation for $38,692 upon funds being made available through the Capital Development Board for this purpose. Title will be vested in the Board of Trustees of the University of Illinois. This property was acquired by the Foundation as a part of the site for the Speech and Hearing Clinic. The present project schedule for the Clinic anticipates the start of construction by January 1975. Funds were appropriated to the Capital Development Board from the Capital Development Bond Fund for the University in FY1975 and are available, subject to release by the Governor.