Repository: UIHistories Project: Board of Trustees Minutes - 1976 [PAGE 333]

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322

BOARD OF TRUSTEES

[June 18

Specifically, the contracts provide for natural gas service at the Veterinary Medicine complex at "classification rate 6 5 " with riders A, CC, and R ; at the Civil Engineering complex and Sherman Hall at "classification rate 6 1 " with riders A, C, GC, and R. 1 T h e past and future annual costs of these contracts are as follows: Annual Costs Former Rate Revised Rate (estimate) (estimate) $50 000 $75 000 50 000 80 000 16 000 25 000

Veterinary Medicine complex Civil Engineering complex Sherman Hall

Funds are available in the budget of the Operation and Maintenance Division and the Housing Division and will be included in subsequent budgets and budget requests.

O n motion of Mr. Livingston, this contract was awarded by the following vote: Aye, Mr. Forsyth, Mr. H a h n , Mr. Howard, Mr. Lenz, Mr. Livingston, Mr. Neal, Mrs. Rader, Mrs. Shepherd, Mr. Velasquez; no, none; absent, Governor Walker. Purchases

(31) The President submitted, with his concurrence, a list of purchases recommended by the Directors of Purchases and the Vice President for Planning and Allocation. The list of purchases was presented in two categories: purchases from appropriated funds (i.e., from State appropriations to the University) and purchases from institutional funds. The latter term designates funds received by the University under contracts with the United States government, contracts with private corporations and other organizations, funds from foundation grants, and grants from corporations and other donors, and University revolving funds authorized by law. T h e total amounts of these purchases were: From Appropriated Recommended From Institutional Recommended Grand Total Funds $ 6 937 383 44 Funds 4 603 215 39 $11 540 598 83

A complete list of the purchases, with supporting information, including the quotations received, was sent to each member of the Board in advance of the meeting, and a copy is being filed with the Secretary of the Board for record.

1 Classification rates are used in large usage areas. The two (65 and 61) differ somewhat in rate and in penalties for over-usage. The meaning of the riders is as follows: Rider A — Adjustment for cost of purchased gas applicable to all gas service classifications Rider CC — Excess State Public Utility Tax (2 per cent of net billing) Rider C —Municipal tax additions: Champaign — 3.08 per cent of net billing; Urbana — 5.73 per cent of net billing Rider R — Adjustment for refunds to nonresidential firm customers