Repository: UIHistories Project: Board of Trustees Minutes - 1978 [PAGE 147]

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136

BOARD O F T R U S T E E S

[ N o v e m b e r 19

Plumbing Work G. F. Connelly Co., Inc., Chicago Heating and Air Conditioning Work George D. Hardin, Inc., Forest Park Ventilation Work Evco Associates, Inc., Chicago Electrical Work L. K. Comstock & Company, Inc., Hillside Total

$

2 884 31 435 99 488

6 509 $170 104

It is also recommended that the University enter into an assignment with the general contractor. Funds are available from the 1951 Dentistry-Medicine-Pharmacy Revenue Bond Fund. A schedule of the bids received has been filed with the Secretary of the Board for record. T h e student advisory vote w a s : A y e , M r . C o n l o n , M r . M a t t h e w s , Mr. V o l g m a n ; no, none. O n m o t i o n of Mrs. R a d e r , these r e c o m m e n d a t i o n s were a p p r o v e d , and these contracts were a w a r d e d by the following v o t e : Aye, M r . Forsyth, M r . H a h n , M r . H o w a r d , M r . L e n z , M r . Livingston, M r . N e a l , M r s . R a d e r , Mrs. S h e p h e r d , M r . V e l a s q u e z ; n o , n o n e ; absent, G o v e r n o r Walker.

Change Order for Chicago Circle Computer Center Data Processing Peripheral Equipment and Lease Agreement with the Illinois Educational Consortium

(17) The Chicago Circle Computer Center currently leases an IBM 3705 communications controller. This equipment serves as an interface between the IBM 370/158 computer and remote terminals. Recently, IBM announced a reduction in the cost so that it is now desirable to purchase this equipment and amortize it over a thirty-six month term. A favorable arrangement is available through the Illinois Educational Consortium. The computer center can reduce operating costs for this component by having the Illinois Educational Consortium purchase the controller and lease it back to the University for the period December 1, 1976, through June 30, 1977 — funds for fiscal year 1977 are currently available in the computer center budget. Subsequent renewals would start at the beginning of each fiscal year, subject to continued availability of funds, until the thirty-six monthly payments have been made. After the three-year period, the University would have the right to use the controller at a reduced rate which would be equal to the maintenance charges, currently $421 per month. The equipment has sufficient life and capacity to satisfy the projected needs beyond the thirty-six-month period. The completion of this transaction would result in an anticipated savings of $724 per month over the next three years. This transaction has been endorsed by the University Computer Coordination Office and is exempt from the sealed bid procedures as data processing equipment. The Vice President for Administration has recommended that the Comptroller and the Secretary of the Board of Trustees, subject to availability of funds, be authorized to: 1. Amend the master lease agreement with the IBM Corporation to discontinue the lease of the 3705 communications controller on December 1, 1976, with the resulting credit of $2,670 per month.