Repository: UIHistories Project: Board of Trustees Minutes - 1976 [PAGE 541]

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BOARD OF TRUSTEES

[February 18

and hardware inventors from royalties on software and from a list of patents, 1 for the purposes of these agreements with CDC only. Since the fundamental concept for the royalty base is a systems patent (for CDC only), systems which will utilize a number of other University-developed patents, it is proposed that 25 percent of the revenue paid to the University from software, and 25 percent of the net revenue to the Foundation, become the combined "Inventor/Author of Software" share. The distribution of this pool is to be agreed upon by each individual inventor or author before contracts are signed. Further, because of these unique arrangements with C D C , all faculty and staff who are to work on the new project will be required to sign a statement acknowledging the prior rights given CDC by these contracts and waiving the usual provisions of the General Rules Concerning University Organization and Procedure concerning inventions or developments within this project. However, the administrative officers contemplate there may be recommended for approval future supplemental agreements with prospective inventors of major and significant features authorizing additional payments from the University's or the Foundation's share of the income. It is emphasized that this action is significant and complex. It adjusts and alters many rules and procedures. I t can also mean millions of dollars of revenue to the University and the inventors and promote a major change in education. With the concurrence of the appropriate administrative officers, I recommend that the Comptroller and the Secretary be authorized, after final review by the President of the University, to execute such agreements with CDC as are necessary or appropriate to implement the foregoing.

The student advisory vote was: Aye, Mr. Conlon, Mr. Summers, Mr. Szegho; no, none. On motion of Mr. Livingston, authority was given as recommended by the following vote: Aye, Mr. Forsyth, Mr. Hahn, Mr. Howard, Mr. Lenz, Mr. Livingston, Mr. Neal, Mrs. Rader, Mrs. Shepherd, Mr. Velasquez; no, none; absent, Governor Walker.

Agreement for Gas Service for Heating Plant, Chicago Circle

(15) T h e utilities plant at the Chicago Circle campus, which provides high temperature hot water for heating the campus buildings, is equipped to utilize fuel oil and natural gas as sources of energy. Due to the unavailability of gas under the existing gas contract, fuel oil has been the only available fuel. Gas was formerly available on an interruptable basis from Peoples Gas Light & Coke Company, in accordance with service classification V-5 as filed with the Illinois Commerce Commission. T h e Peoples Gas Light & Coke Company has now notified the University of the possibility of gas being made available (possibly from March through November 1976) through a rider to the present V-5 service classification at 13.30 cents per therm. Use of gas at this rate, as compared to fuel oil at its current price level of 29.2 cents per gallon, will provide significant reductions in base operating costs. The Director of the Physical Plant and the Vice President for Administration have recommended that the appropriate administrative officers be authorized to execute a rider to the gas service contract with the Peoples Gas Light & Coke Company for the purchase of natural gas during the off-peak service period. I concur.

The student advisory vote was: Aye, Mr. Conlon, Mr. Summers, Mr. Szegho; no, none.

1

This list has been filed with the Secretary of the Board for record.