Repository: UIHistories Project: Board of Trustees Minutes - 1978 [PAGE 677]

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664

BOARD OF TRUSTEES

[June 21

Recommendation of the University Committee on Copyrightable Works (24) T h e Board of Trustees on March 15, 1978, approved a contract for the publication by Newbury House of Rowley, Massachusetts, of a work to be used for the training of teachers and other professionals in the bilingual field, which was supported by the U . S . Office of Education. T h e Office of Education grant provided that the U . S . government receive one-half of net royalties received by the University from the publisher. T h e board action indicated that a recommendation would subsequently be submitted regarding distribution of royalty income to the authors. The work is entitled Bilingual Multicultural Education and the Classroom Teacher: From Theory to Practice and is by Henry T . Trueba, associate professor of secondary and continuing education, Urbana, and Carol B. Barnett-Mizrahi, visiting assistant specialist in education, Urbana. T h e University Committee on Copyrightable Works has recommended that 15 percent of any net royalty income received by the University from the use of this book be distributed to the authors, to be allocated equally between them in accordance with their written agreement. I concur in this recommendation. O n m o t i o n of M r . H a h n , this r e c o m m e n d a t i o n w a s a p p r o v e d . ROLL CALL ITEMS At the suggestion of M r . Lenz, it was the consensus of the board that one roll call vote be taken and be considered the roll call vote on each of the next four items a n d that the secretary be instructed to record such vote as the separate vote of each trustee on each item. Items 25 through 28 were thereupon approved by the following vote: Aye, M r . Forsyth, M r . H a h n , M r . Howard, M r . Lenz, M r . Livingston, Mrs. Rader, Mrs. Shepherd, M r . Velasquez; no, none; absent, M r . Neal. Governor Thompson. University of Illinois—Willard Airport Operations Revenue Bond of 1978 (25) O n April 14, 1976, the board authorized the employment of the firm of Simon, Rettberg, Garrison, Flom, Inc., Champaign, to provide architectural and engineering services for a proposed 7,500 gross square feet, one-story addition to, and remodeling of, 4,500 gross square feet in the Administration Building at Willard Airport. O n December 14, 1977, the Building and Grounds Committee of the board approved the project at a cost of $550,000 to be financed by a proposed private placement of revenue bonds to be amortized over a fifteen-year period from the Willard Airport Operations Account. T h e University has received an offer from the Champaign National Bank to purchase University of Illinois—Willard Airport Operations Revenue Bond of 1978 in the amount of $550,000 at a 7 percent interest rate. T h e interest payment dates are October 1 and April 1 beginning October 1, 1978. T h e term of the agreement is for fifteen years with annual principal payments of $37,000 for fourteen years with a final principal payment of $32,000. The bond is registered subject to prepayment of any interest payment date (April 1 or October 1) without premium. T h e Champaign National Bank is to be the paying agent and the depositary for the construction fund and the Bond and Interest Sinking Fund.