Repository: UIHistories Project: Board of Trustees Minutes - 1978 [PAGE 552]

EXTRACTED TEXT FROM PAGE:

1978]

UNIVERSITY OF ILLINOIS

539

tion, subject to the rights of the sponsor, and (2) that 15 percent of the net income received by the foundation from this idea, after payment of any costs and expenses of securing a patent and of development and administration, be distributed to the inventors, to be allocated equally among them in accordance with their written agreement. 5. Use of Polyethylene Glycol — Paul R. Hepperly, graduate research assistant in plant pathology, Urbana, and James B. Sinclair, professor of plant pathology, Urbana, inventors. University Patents, Inc., reported that, because of the commercial potential of this discovery, it wished to apply for a patent. T h e University Patent Committee recommends that the rights of the University be transferred to the University of Illinois Foundation and that action as to distribution of net income be deferred until a later date. 6. Low Temperature Firing of Ceramic Capacitors by Liquid Phase Sintering — David A. Payne, assistant professor of ceramic engineering, Urbana, and Sang M. Park, research assistant in ceramic engineering, Urbana, inventors. University Patents, Inc., reported that licensing attempts had begun and that it had received a great deal of interest from industry for this idea. The University Patent Committee recommends (1) that the rights of the University be transferred to the University of Illinois Foundation, and (2) that 15 percent of the net income received by the foundation from this idea, after payment of any costs and expenses of securing a patent and of development and administration, be distributed to the inventors, to be allocated equally between them in accordance with their written agreement. I concur in these recommendations. O n m o t i o n of M r . V e l a s q u e z , these r e c o m m e n d a t i o n s w e r e a p p r o v e d .

Contracts for Remodeling, Medical Center

(18) T h e president of the University, with the concurrence of appropriate administrative officers, recommends award of the following contracts for remodeling in the basement of the Pharmacy Building (for the Purchasing Division) at the Medical Center campus, the award in each case being to the low base bidder. Base Bid General Work Wm. J. Scown Building Co., Chicago Plumbing Work Peter H. Smith Co., Chicago Heating and Air Conditioning Schroeder-Safeway, Inc., Chicago Electrical Work Premier Electrical Construction Co., Chicago Total $22 671 1 776 21 094 12 436 $57 977

Funds for this project are available in the Institutional Funds Budget of the Physical Plant. 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 : Aye, Miss Conlon, M r . Overstreet, Miss W i n t e r ; no, none.