MINUTES OF THE BOARD OF TRUSTEES OF INDIANA UNIVERSITY
Indiana University Bloomington
SEPTEMBER 24, 1994

Trustees Present: President John D. Walda, Vice Presidents Frederick F. Eichhorn, Jr., and P. A. Mack, Jr., J Thomas Forbes, Robert H. McKinney, Ray Richardson, Cynthia P. Stone, and Ann W. Swedeen

University Representatives: President Myles Brand; Vice Presidents and Chancellors Gerald L. Bepko and Kenneth R.R. Gros Louis; Vice Presidents J. Terry Clapacs, Judith G. Palmer, George E. Walker, and Douglas M. Wilson; Treasurer Steven A. Miller; Secretary of the Board J. Susan Parrish; Chancellors H. Daniel Cohen, Leon Rand, Hilda Richards; and Acting Chancellor David Fulton.

Attendees: Ray Bonhomme, Jennifer Burkowski, Raymond W. Casati, Walter J. Daly, M.D., Paul Eisenberg, Bruce Everhart, Dorothy Frapwell, Juliet Frey, James Green, Jacqui Hamilton, Heather Hancuff, Charles Hardy, Todd Hostetler, Crystal James, Paula Jose, Annabelle Martinez, Richard McKaig, C. Robert Moats, James P. Perin, Claude Rich, Winston Shindell, Rick South, Jack Tharpe, Kathleen Warfel, M.D.; also Melissa Tarrant, Recorder; and the staff of the University News Bureau. Also present were representatives of the news media.

BUSINESS MEETING

I. GENERAL BUSINESS

President Walda welcomed everyone to the meeting, and thanked Winston Shindell and the staff of the Indiana Memorial Union for the hospitality extended to the Trustees during their stay. He also thanked those persons who participated in the previous evening's program honoring former trustee Harry Gonso.

A. TRUSTEE BUSINESS

1. Approval was requested of Minutes for the Meeting of August 16, 1994, which include the Administrative Action Reports of June 15, 1994, and July 14, 1994. The Administrative Action Reports of August 15, 1994, and September 15, 1994, are included with the Minutes for this meeting of September 24, 1994.

Unanimously approved on motion duly made and seconded.

2. Approval was requested for the following appointments and reappointments to the School of Law-Bloomington Board of Visitors for three-year terms ending June 30, 1997.

New Appointments:

Reappointments:

Unanimously approved on motion duly made and seconded.

RESOLUTION

THE TRUSTEES OF INDIANA UNIVERSITY acknowledge with grateful appreciation the outstanding service to Indiana University by Harry L. Gonso as a member of the Board of Trustees from 1976 to 1994, and as Vice President of the Board from 1984 to 1992, and from 1993 to 1994. Elected to the Board by the Alumni of Indiana University for six consecutive terms, serving the University as a member and officer of its Board of Trustees during the terms of two presidents, at a time when new and difficult challenges faced universities nationally, Harry L. Gonso brought to his service a lifetime of loyalty to his alma mater. His leadership and vision as chair of the Trustee Architectural and Construction Committee and the Student Affairs Committee, his insight into challenging issues facing the University and the State of Indiana, and his fair and deliberate judgment and unimpeachable integrity reflect ideal qualities of trusteeship and provide lasting benefits to Indiana University.

Unanimously approved on motion duly made and seconded.

B. PRESIDENT'S REPORT

1. Remarks from President Brand

President Brand reported that he has been visiting many of IU's smaller campuses, in particular, Kokomo, Southeast, South Bend, Fort Wayne and Northwest. He commented that he would be visiting the IU East campus shortly. He said that these campuses are doing very well, and that they are working hard to serve their local communities. He noted that the smaller campuses are in different phases of evolutionary growth, but that each and every one is led by a strong and progressive chancellor. He thanked the chancellors and their staffs for the hospitality they had extended to him during the campus visits, and urged them to continue to serve their local communities, and to continue their aggressive recruitment and retention of students towards graduation. He said that IU can be proud of the service being provided by these smaller campuses throughout the State.

2. Remarks from Paula Jose, President, All University Student Association

Ms. Jose stated that AUSA is very happy with the formation of the Campus Community Committee and the goals this committee has established in order to bring together the entire campus community on issues that concern students, and also affect the administration, faculty, staff, and each campus community. She said AUSA has several concerns to bring to this committee, including computer access, student centers, insurance plans, financial aid, registration processes, and legislative issues regarding State funding and budgets. She said that there has been much discussion over longevity and looking toward the future. AUSA is looking to the future and finding ways to insure that the organization remains intact.

II. REPORTS FROM COMMITTEES

A. HOSPITAL COMMITTEE

1. Report from Trustee Swedeen

Trustee Swedeen reported that the Hospital Committee met September 24, 1994, and discussed the Quality Assurance reports. They also received the credentialing reports, including hospital staff appointments for the next two years. She said that those were available if the Trustees wished to see them. The Committee discussed some personnel issues relating to reorganization at the hospital, looking at cost efficiencies and creative ways of doing their work smarter and more efficiently.

B. CAMPUS COMMUNITY COMMITTEE

1. Report from Trustee Stone

Trustee Stone reported that the Campus Community Committee held its first meeting September 24, 1994, beginning with a town meeting in which a number of concerns were raised. One of those concerns was student health insurance, and Trustee Stone reported that Vice President Terry Clapacs said that the administration would assist the various campuses in determining how best to address their concerns. Also, there was concern that work begin on the 1995-96 health insurance package soon. She said that the University is already providing over $1 million towards that health insurance package. She reported that there is some lingering concern about the Coca-Cola contract, adding that the contract provides over $1 million which is distributed annually to the eight campuses.

Trustee Stone reported that after the town meeting, the Committee held a discussion of campus life issues. Jack Tharpe, Vice Chancellor for Student Activities at IUK, reported that 75% of the students at Kokomo are women; 70% are employed; and 70% are first-time entering students between the ages of 18 and 20. She said that there is a responsibility to recognize that the Kokomo student body is comprised of all new majority students, and that there is a wide-range of students to be served. She said that the discussion of campus life would continue at the October or December meetings.

C. GOVERNMENT AND EXTERNAL RELATIONS COMMITTEE

1. Report from Trustee Forbes

Trustee Forbes reported that the Committee heard a report from Mr. Morton Marcus of the Indiana Business Research Center about the School of Business' long tradition of involvement in the commercial affairs of Indiana. The Committee also heard an impressive report from the student leaders, outlining their plans for involvement in the upcoming legislative session. Their plan calls for activities complimentary and supplementary to those of the University, conducted in the spirit of partnership. A more detailed report is filed with the papers for this meeting.

D. FINANCE AND AUDIT COMMITTEE

1. Report from Trustee McKinney

Trustee McKinney reported that the Finance and Audit Committee met on September 23, 1994. They committee approved the amendment of a resolution originally adopted in November, 1993, for refunding hospital facilities bonds in 1986 and 1989. He said that the amendment eliminated the reference to 1989 because it is no longer financially feasible to do the 1989 financing because of the change in interest rates. The amended resolution would also allow for variable rate financing, and would give authority to extend the term from 20 years to as much as 30 years. He said that exhibit A of the amended resolution specifically sets forth the new funding which could only be estimated in 1993. He asked for approval of the full Board on the resolution.

RESOLUTION

WHEREAS, the Board of Trustees (the "Board") of The Trustees of Indiana University (the "University") has determined that a necessity exists to consider (i) the advance refunding of its Hospital "Facilities Revenue Bonds, Series 1986 in the original principal amount of $29,835,000 dated April 1, 1986 (the "1986 Bonds"); and/or (ii) the acquisition, construction, renovation and equipping of certain hospital facilities (collectively, the "Project"); and

WHEREAS, the Board adopted on November 5, 1993 a resolution (the "Prior Resolution") approving the Plan of Financing (as defined the Prior Resolution), which Prior Resolution is attached hereto as Exhibit B; and

WHEREAS, the Prior Resolution authorized the execution and delivery of one or more series of Indiana University Hospital Facilities Revenue Bonds (the "Bonds") to advance refund all or a portion of the Prior Bonds and to finance the Project; and

WHEREAS, the Board desires to amend the description of the Project which was described in Exhibit A to the Prior Resolution; and

WHEREAS, the Board desires to extend the authorized final maturity of the Bonds to be issued to advance refund the 1986 Bonds and finance the Project.

NOW, THEREFORE, BE IT RESOLVED by the Board as follows:

Section 1. Exhibit A of the Prior Resolution is hereby amended and replaced with the Exhibit A attached to this Resolution.

Section 2. Section 2(d) of the Prior Resolution is hereby amended to read as follows:

(d) The Bonds shall be sold at a rate or rates producing debt service for this financing with an effective interest rate of 8.0% per annum or less; and

Section 3. The final maturity of the Bonds, as authorized in Section 2(e) of the Prior Resolution is hereby amended to read as follows:

(e) The final maturity on the Bonds shall not exceed a term of 31 years from the first payment dates.

Section 4. The Prior Resolution is hereby confirmed and ratified in all other respects.

EXHIBIT A

Radiation Oncology Complex–University Hospital Renovation and Expansion for Linear Accelerator and Related Major Equipment $7,130,000

University Hospital Third and Fifth Floors– Cardio-Pulmonary Renovation 10,300,000

University Hospital Fifth Floor–Pulmonary Intensive Care Renovation 850,000

Riley Hospital Pediatric Cardiac Catheterization 3,000,000

University Hospital Basement Services Renovation 5,700,000

Total $26,980,000

Unanimously approved on motion duly made and seconded

Trustee McKinney reported that the Committee also heard a review of externally managed funds and stated that the managers were performing well. The Committee received the fourth quarter report on fund operations and reserves. He said that for 1993-94, expenditures totalled $741 million, which was only a $357,000 variance from the budget. Revenues exceeded the budget by $9.8 million, yielding a total addition to the fund balances of $10 million for the year. For fiscal year 1993-94, fund balances of $20.7 million were spent in the following approximate distributions: $4.4 million at Bloomington; $10.6 million at Indianapolis; $27,000 at IU East; $1.6 million at Kokomo; $800,000 at Northwest; $478,000 at South Bend; $1.1 million at Southeast; and $1.5 million in University administration. He also reported that the Trustees established a guideline of 3% to be left in reserve, and though it appears that the reserve balance will drop below the 3% minimum for 1994-95, Vice President Palmer has assured the Committee that will not happen. It appears this way because of contractual and programmatic commitments for that money, but those commitments will be managed by the administration to assure a continuous fund balance of 3%. Trustee McKinney stated that the Committee will continue to monitor this area and will report to the Board in accordance with the mandate.

Trustee Stone requested that future quarterly reports be summarized for those Trustees not on the Finance and Audit Committee.

Trustee McKinney agreed to provide such a summary.

E. UNIVERSITY POLICIES COMMITTEE

1. Report from Trustee Richardson

Trustee Richardson reported that the Committee reviewed programs at Bloomington designed to improve minority graduation rates. They also received comments from those persons who are in charge of implementing those programs. He said that the effectiveness of two of these programs is currently being examined by two separate committees and that Vice President Gros Louis would review the results of those two committees and report on the efforts of those and all similar programs as to how they might be better coordinated and supported. Trustee Richardson said that the committee will examine efforts to improve minority graduation rates on campuses. The committee also reviewed some of the voluminous information gathered by RUGS on the graduate programs of the College of Arts and Sciences. It was noted that a high percentage of the graduates of these programs obtained employment at universities where proof of their ability to teach was a dominant factor. RUGS is recommending that graduate students be offered the opportunity to obtain proof of teaching proficiency by creating programs that would offer certificates in pedagogy. Trustee Richardson further noted that the information gathered by RUGS showed that many of the 49 graduate programs in the College of Arts and Sciences produced very small numbers of degrees awarded. He said that Vice President Gros Louis will consult with Dean Lowengrub on assessing the value of those programs.

F. JOINT COMMITTEE ON LEARNING: TEACHING AND SCHOLARSHIP

1. Report from Trustee Mack

Trustee Mack submitted a written report from the Joint Committee and asked that it be accepted without objection for the complete minutes.

REPORT TO THE INDIANA UNIVERSITY BOARD OF TRUSTEES
ON THE JOINT COMMITTEE ON LEARNING: TEACHING AND SCHOLARSHIP

SEPTEMBER 24, 1994.

The Joint Committee on Learning: Teaching and Scholarship had another excellent meeting on Friday, September 16, 1994. The committee welcomed several new members, we reviewed and discussed three productivity models and received reports from six working groups.

The working group on Communicating with the Public/Faculty Reward System described its plans for a conference on faculty roles and rewards at IUPUI on October 14, 1994, and each one of you will receive an invitation to that conference. Russell Edgerton, President of the American Association for Higher Education will be one of the speakers, as well as President Myles Brand, and Vice President Kenneth R. R. Gros Louis, both making major addresses. Ken and I have invited each of the chancellors to identify ten individuals to participate in the conference, emphasizing that the group should include academic vice chancellors, promotion and tenure committee chairs or members, distinguished teaching award winners, distinguished rank faculty, members of FACET, as well as chancellors.

The working group met prior to the full committee to finalize the outline for the conference and the topics for the discussion groups. I urge all the Trustees to attend part or all of this conference, a potential milestone in contributing to the changing of our culture.

The Associate and Part-time Faculty working group gave its final report which contained two recommendations. The first recommendation concerns the oversite and support of associate instructors and associate faculty. The second recommendation consists of items for the University Faculty Council as a statement of principles and practices regarding associate faculty.

The working group on Faculty Development, like that on AIs and Part-time Faculty, is nearing completion of its objectives. Emita Hill reported that experiments with flexible assignments in teaching are taking place on several campuses and in several schools. More critically, a proposal from FACET to undertake university-wide responsibilities in cooperation with academic vice chancellors will be discussed at a meeting of FACET senior advisors on September 30 and the following revision, presented to the entire Joint Committee at its meeting in November. The proposal involves the identification of FACET representatives on each campus who would form a network, involve themselves with current and new faculty development activities, and promote the exchange of ideas across campuses.

The committee on Evaluation of Faculty, under Deborah Freund's leadership, will undertake two significant tasks this year. The first is to consider the advantages and disadvantages of a common university-wide student evaluation of faculty form, perhaps containing a number of core questions in addition to questions particular to a campus or school. The second thrust of the committee will be to explore means for external evaluation of teaching as well as peer review. The working group is also considering a study of the impact on salary growth for teaching award winners.

The working group on Technology had invited LoriLee Sadler of University Computing Services to undertake an inventory of all campuses to identify the number of classrooms equipped with current teaching technologies, as well as to approximate the percent of faculty on each campus now using such technology. While the results are not precise, it became clear to the entire committee that the number of faculty using these technologies is not large; this alone suggests a key direction for the working group. The next step is to collect the same information for peer institutions in preparation of a long-range plan to equip more of our classrooms with current technologies and to prepare more of our faculty to take advantage of them.

The working group on Student Preparedness, lead by Paul Eisenberg with strong assistance from J T. Forbes, has identified needs and programs on each of the campuses and plans to move forward with a short list of specific questions to be addressed by other working groups and appropriate campus officials. This group hopes to complete its report this semester.

Most of the meeting was spent discussing three productivity models drawn from a larger sampling by the working group convened by Jerry Bepko. The first was the capacity model now in place in the College of Arts and Sciences in Bloomington. Dean Mort Lowengrub described the model and in particular how successful it had been in increasing the teaching capacity of many of the departments in the College. Associate Dean Robert Orr of the School of Engineering and Technology in Indianapolis described the definition of workload unit in that school as well as the underlying principles for faculty performance evaluations. Dean John Rau of the School of Business indicated that he has adapted much of the capacity model being used by the College, but taken it one step further by specifying departmental goals measured against specific objectives. The better the objectives are met, the more significant the rewards to the department as a whole. The committee had a lively discussion of these models and the working group will determine the dissemination to campuses and schools, with encouragement to adapt them to local circumstances and with the request that a report be made to the working group later this year.

Considerable progress has been made by the Joint Committee. Specific accomplishments include the recommendations from the working groups on faculty development, associate instructors and part-time faculty, productivity, and the faculty rewards system. Other working groups are moving along towards their goals and objectives as well.

I would like to move an extension of the termination of the Joint Committee from October 3, 1994 to October 1, 1995. This committee has had an outstanding start, its membership is strong, and has a lot of credibility. I believe we have more to accomplish and therefore deserve a one-year extension.

Unanimously approved on motion duly made and seconded.

Trustee Richardson reported that the Joint Committee unanimously requested that the Trustees adopt a recommendation stating that each campus should designate an office to insure that 1) all AIs are properly trained, supervised and evaluated, and 2) that part-time faculty, or associate faculty, are properly appointed, evaluated, and provided professional development opportunities, and all other such measures as adopted by the University Faculty Council. Schools with large numbers of associate faculty and AIs should designate an office to report to the campus office, and all of those offices should work with the appropriate faculty council committee.

Unanimously approved on motion duly made and seconded.

Trustee Walda congratulated Trustees Mack and Richardson for an outstanding job on the Joint Committee.

F. FACILITIES COMMITTEE

1. Report from Trustee Eichhorn

Trustee Eichhorn reported that the Facilities Committee met on September 23, 1994 with all committee members present. He stated that there were a large number of items to consider, and the committee recommended approval of them all by the full Board.

2. Approval was requested for the following new names, which have been approved by the All-University Committee on Names:

a. The new recreational sports center on the Bloomington campus to be named the "Indiana University Student Recreational Sports Center" with portions therein named as follows:

b. The new music library and recital hall on the Bloomington campus to be named the "Bess Meshulam Simon Music Library and Recital Center."

c. The Wylie House in Bloomington to be renamed the "Wylie House Museum."

d. The auditorium in the new library on the Kokomo campus to be named the "Kresge Auditorium."

Unanimously approved on motion duly made and seconded.

3. Project Approvals

INDIANA UNIVERSITY BLOOMINGTON

a. Eigenmann Hall - Chiller Replacement.

Approval of the Board was requested to proceed with replacement of the existing 1,100-ton chiller at this graduate student dormitory. Two 350-ton chillers and cooling towers will be installed to replace the 25-year old equipment that is beyond expedient repair. Funding is available from Eigenmann Hall Major Building Repair Reserves and the project is estimated to cost $766,000. Appropriate State approvals will be requested.

Unanimously approved on motion duly made and seconded.

b. Health Center Chiller Replacement.

Approval of the Board is requested to proceed with replacement of the existing absorption chiller and cooling tower that are approximately 30 years old. A new electric chiller, associated pumps and piping and cooling tower will be installed to serve the entire building more efficiently. Estimated to cost $429,000, the project will be funded by 1993- 95 Capital Appropriation for Repair and Rehabilitation. Appropriate State approvals will be requested.

Unanimously approved on motion duly made and seconded.

c. Foster Quad Ventilation Modifications.

Approval of the Board was requested to proceed with modifications to the ventilation systems of the five buildings in Foster Quad. Replacement of the air handling units will solve problems with high humidity in the building. Estimated to cost $409,000 the project will be funded by Foster Quad Major Building Repair Reserves. Appropriate State approvals will be requested.

Unanimously approved on motion duly made and seconded.

d. Teter Quad Electrical Rewire.

Approval of the Board was requested to proceed with the electrical rewiring of the five buildings in this undergraduate dormitory. The upgrade of these 35-year old buildings will be accomplished by replacement of all wiring and panelboard, transformer and distribution equipment. Each student room will be served by an individual 20 amperes, 120 volt circuit. Estimated to cost $1,791,000, the project will be funded by Teter Quad Major Building Repair Reserves. Appropriate State approvals will be requested.

Unanimously approved on motion duly made and seconded.

e. Indiana Memorial Union Renovation Phase III.

Approval of the Board was requested to proceed with the third phase of the renovation of the Indiana Memorial Union. Work in the 1932 building includes renovation of building systems and electrical rewiring. Refurbishment of offices and public spaces will occur and life safety and accessibility issues will be addressed. Estimated to cost $4,000,000, the project will be funded by Dedicated Student Fees. Appropriate State approvals will be requested.

Unanimously approved on motion duly made and seconded.

f. Renovation of Parking Lot West of Service Building.

Approval of the Board was requested to proceed with the complete renovation of the existing gravel parking lot bounded by Forest and Eleventh Streets and Walnut Grove, and Cottage Grove. Parking spaces and drives will be reorganized to improve access and satisfy parking lot standards and codes. The project will include a new storm drainage system, asphalt pavement, perimeter and access walks, concrete curbs, and landscaping and will provide 231 parking spaces. Also included will be minor realignment of and widening of Forest Street. Estimated to cost $300,000, the project will be funded by Parking Operations. Appropriate State approvals will be requested.

Unanimously approved on motion duly made and seconded.

INDIANA UNIVERSITY-PURDUE UNIVERSITY INDIANAPOLIS

g. Parking Lots 71 and 72 Improvements.

Approval of the Board was requested to proceed with the conversion of the existing gravel parking surface to asphalt. The area bounded by Michigan and North Streets between Douglas and Blackford Streets. The project includes earthwork, landscaping, drains, curbs, new entrance, and lighting. Approximately 600 parking stalls will be provided. Estimated to cost $685,000, the work will be funded by Parking Services. Appropriate State approvals will be requested.

Unanimously approved on motion duly made and seconded.

h. Riley Hospital Pediatric Intensive Care Unit, North - Renovation.

Approval of the Board was requested to proceed with the renovation of approximately 7,500 GSF on the fourth floor of Riley Hospital Phase II, which has not been remodeled for 18 years. The entire unit, including 15 patient rooms, will receive new finishes and the nurse stations will be reconfigured for greater efficiency. A new patient isolation room will be provided with required HVAC modifications. The project is estimated to cost $575,000 and will be funded by Hospital Major Repair Reserves. Appropriate State approvals will be requested.

Unanimously approved on motion duly made and seconded.

i. Clinical Building - Rehabilitate Two Elevators.

Approval of the Board was requested to proceed with the complete refurbishment of two, original passenger elevators. Rehabilitation includes new drive machines, microprocessor controls, car and hoistway door equipment, wiring, and related devices. The project will be funded by 1993-95 Capital Appropriation for Repair and Rehabilitation and is estimated to cost $325,000. Appropriate State approvals will be requested.

Unanimously approved on motion duly made and seconded.

j. Environmental Management Facility.

Approval of the Board was requested to proceed with the construction of a new facility to serve as a holding and processing area for hazardous and radioactive waste on the IUPUI campus. A lab, storage area for asbestos testing and abatement equipment and a locker/shower area are also included in this building of masonry construction. The area will be landscaped and the capacity for an incinerator and future expansion is provided. Estimated to cost $1,700,000, the project will be funded from Capital Projects/Land Acquisition Reserve ($500,000) and Hospital Capital Reserves ($1,200,000). Appropriate State approvals will be requested.

Unanimously approved on motion duly made and seconded.

k. University Hospital - Fourth Floor North and South Nursing Unit Refurbishment.

Approval of the Board was requested to proceed with refurbishment of the fourth floor patient care wings. The project includes consolidation of the existing nursing stations into one central unit and the construction of satellite nursing stations throughout the patient care areas. The core between the two existing nursing stations will be demolished and reconfigured. Mechanical and electrical system modifications will be required and all areas will receive new finishes. Estimated to cost $950,000, the project will be funded from Hospital Capital Reserves. Appropriate State approvals will be requested.

Unanimously approved on motion duly made and seconded.

4. Real Estate Actions

INDIANA UNIVERSITY BLOOMINGTON

a. Conveyance of Right-Of-Way, Third Street and Hawthorne Street.

In a cooperative effort the university and the City of Bloomington are reconstructing the intersection of Third Street and Hawthorne Street to improve both vehicular traffic flow and pedestrian safety. Hawthorne Street will be aligned with the university drive serving Memorial Hall and Jordan Hall, and a traffic light installed to provide for an additional pedestrian crossing on Third Street.

The change in the alignment of Hawthorne Street requires the conveyance to the City of a tract of university land consisting of approximately 3,049 square feet at the southeast corner of the intersection. The Trustees were requested to adopt the following Resolution to effect this conveyance:

RESOLUTION

WHEREAS, the City of Bloomington has requested a permanent right-of-way over a portion of University property containing approximately 3,049 square feet; and

WHEREAS, this land will be used by the City for the redesign and reconstruction of the intersection of Third Street and Hawthorn Street on the Bloomington Campus; and,

WHEREAS, representatives of the City and the University have agreed to a plan for the redesign and reconstruction of this intersection which will benefit both the University and the City.

NOW, THEREFORE, BE IT RESOLVED that The Trustees of Indiana University pursuant to I.C. 20-12-1- 2 (a) (1) determines that the following described real estate is no longer needed for the University's purposes and that this parcel of real estate shall be conveyed without monetary consideration to the City of Bloomington:

A part of Lot 7, Elm Heights Addition to the City of Bloomington, Indiana, as recorded in Plat Book 30, page 88, in the Office of the Recorder of Monroe County, Indiana, more particularly described as follows:

Beginning at the Northwest corner of said Lot 7 marked by a " rebar; thence NORTH 89 degrees 59 minutes 15 seconds EAST along the North line of said Lot and South right-of-way of 3rd Street, 31.75 feet to a " rebar with yellow cap; thence leaving said right-of-way and North line; SOUTH 00 degrees 37 minutes 23 seconds EAST a distance of 6.04 feet to a " rebar with yellow cap and the point of curvature of a curve to the right having a chord bearing and distance of SOUTH 07 degrees 37 minutes 37 seconds WEST a distance of 64.43 feet and a radius of 224.50 feet; thence along said curve through a central angle of 16 degrees 30 minutes 00 seconds a distance of 64.65 feet to the point of tangency and a " rebar with yellow cap; thence SOUTH 15 degrees 52 minutes 37 seconds WEST a distance of 53.79 feet to a " rebar with yellow cap and the point of curvature of a tangent curve to the left having a chord bearing and distance of SOUTH 07 degrees 37 minutes 37 seconds WEST a distance of 50.37 feet and a radius of 175.50 feet; thence along said curve through a central angle of 16 degrees 30 minutes 00 seconds a distance of 50.54 feet to the point of tangency and a " rebar with yellow cap on the East right-of-way of Hawthorne Street; thence NORTH 00 degrees 37 minutes 23 seconds WEST along said East right-of-way, 171.56 feet to the point of beginning, containing 0.07 acres more or less.

BE IT FURTHER RESOLVED that the Treasurer of Indiana University is authorized to execute any and all documents for and on behalf of the University and to take all actions necessary and convenient to implement this resolution.

Unanimously approved on motion duly made and seconded.

b. Proposed Sale of Real Estate; 500 and 516 East Eleventh Street and 706 North Dunn Street, Bloomington.

The real estate is located outside of the boundaries for the development of the Bloomington Campus, and is no longer needed for any university purpose.

The subject real estate includes three lots. 500 East Eleventh is a vacant lot. 516 East Eleventh Street is improved with a single-family dwelling approximately 60 years in age. 706 North Dunn Street is improved with a single-story building, approximately 40 years in age, containing four small one-bedroom apartments.

It was recommended that The Trustees approve the sale of this real estate and adoption of the following Resolution:

RESOLUTION

WHEREAS, The Trustees of Indiana University on January 12, 1966 purchased from George A. Hendrix and Doris Ilene Hendrix the real estate located in Bloomington, Indiana at 500 East Eleventh Street and 706 North Dunn Street, and more particularly described as:

Lots 49 and 50 in University Park Addition to the City of Bloomington, Indiana;

and on October 15, 1965 purchased from John Earl King and Sallie King the real estate located in Bloomington, Indiana at 516 East Eleventh Street, and more particularly described as:

Lot 48 in University Park Addition to the City of Bloomington, Indiana, as per the recorded plat thereof, recorded in Plat Book 2, page 26, of the records in the Office of the Recorder of Monroe County, Indiana; and

WHEREAS, The Trustees of Indiana University here determine that these three parcels of real estate are surplus to the needs of the university,

NOW, THEREFORE, BE IT RESOLVED that this real estate is not needed for any of the purposes of Indiana University, and should be sold and conveyed at a price no less than the appraised value of each lot as shall be decided by three disinterested appraisers who shall be appointed by the Governor of the State Indiana, and

BE IT FURTHER RESOLVED, that the President and Treasurer of Indiana University respectively, or the delegated representatives of each, are authorized and empowered to take all actions as they may deem necessary and convenient to implement this Resolution including, but not limited to, securing all necessary and appropriate authorization from the Governor of the State of Indiana and other State officers.

Unanimously approved on motion duly made and seconded.

c. Lease of Office and Research Space, Showers Office and Research Center, Bloomington

A lease was proposed for space in the Showers Office and Research Center. The Center will be located at the corner of Eighth and Morton Streets in a building which is in the process of renovation. It was constructed and originally occupied by the former Showers Furniture Factory.

The lease will provide space suitable to attract privately financed research and development enterprises compatible with the Indiana University-Bloomington campus and serve research, teaching, and service needs of faculty, students, and other persons.

Principal terms of the lease are as follows:

Approval of the Trustees was requested to enter this lease, subject to appropriate State governmental approvals.

Unanimously approved on motion duly made and seconded.

INDIANA UNIVERSITY-PURDUE UNIVERSITY INDIANAPOLIS

d. Conveyance of Two Vacant Lots to City of Indianapolis; 2407 North Talbott Street and 2516 North Alabama Street

In 1970 and 1971 the university received as gifts two unimproved lots located on the near north side of Indianapolis. Both lots were determined as surplus to the university's needs and offered for sale repeatedly. There has been no market to sell or make any other disposition of the land until now.

The City of Indianapolis recently included both lots in a redevelopment project area which will assemble tracts of sufficient size to construct new housing. The City thus requested that the university convey these two lots to it for that purpose.

The Trustees were requested to adopt the following Resolution to convey the two lots to the City of Indianapolis:

RESOLUTION

WHEREAS, in 1970 and 1971 The Trustees of Indiana University received as gifts two tracts of unimproved real estate located at 2516 North Alabama Street and 2407 North Talbott Street, both in Indianapolis, Indiana; and

WHEREAS, the above-identified parcels of real estate are surplus to the University's needs; and

WHEREAS, the real estate is located within the Citizens Redevelopment Area as recently established by the Department of Metropolitan Development of the City of Indianapolis; and

WHEREAS, the City of Indianapolis has requested that the University convey the land to the City so that it may be utilized for the City's redevelopment purposes, including the provision of affordable housing for its citizens.

NOW, THEREFORE, BE IT RESOLVED that The Trustees of Indiana University pursuant to I.C. 20-12-1- 2 (a) (1) determines that the following described real estate is no longer needed for the University's purposes and that these parcels of real estate shall be conveyed without monetary consideration to the City of Indianapolis for the use and benefit of its Department of Metropolitan Development. The parcels of real estate to be conveyed are:

Lot One Hundred Four (104) in Douglass Park, an Addition to the City of Indianapolis, the plat of which is recorded in Plat Book 10, page 21 in the office of the Recorder of Marion County, Indiana. (2516 North Alabama Street)

Lot Twenty-nine (29) in Square 15 in Third Section of Lincoln Park, an addition to the City of Indianapolis, as per Plat thereof, recorded in Plat Book 10, page 74, in the Office of the Recorder of Marion County, Indiana. (2407 North Talbott Street)

BE IT FURTHER RESOLVED that the Treasurer of Indiana University is authorized to execute any and all documents for and on behalf of the University and to take all actions necessary and convenient to implement this resolution.

Unanimously approved on motion duly made and seconded.

G. PERSONNEL ACTIONS

1. INDIANA UNIVERSITY BLOOMINGTON - Vice President and Chancellor Gros Louis

Initial Appointments

a. Landon E. Beyer as Associate Professor of Education, with tenure, and as Director of Teacher Education, School of Education-Bloomington, beginning August 15, 1994.

Unanimously approved on motion duly made and seconded.

2. INDIANA UNIVERSITY-PURDUE UNIVERSITY INDIANAPOLIS - Vice President and Chancellor Bepko

Initial Appointments

a. Russell Eberhart as Professor of Electrical Engineering, with tenure, beginning August 1, 1994, and Associate Dean for Research, School of Engineering and Technology, for the period August 1, 1994 to June 30, 1999.

b. Thomas Ho as Professor of Computer Technology, with tenure, beginning January 1, 1995, and Chairman of the Department of Computer Technology, School of Engineering and Technology, for the period January 1, 1995 to December 31, 1999.

c. D. Thomas Iseley as Associate Professor of Construction Technology, with tenure, beginning July 1, 1994, and Chairman of the Department of Construction Technology, School of Engineering and Technology, for the period July 1, 1994 to June 30, 1999.

d. Venkitaswamy Raju as Professor of Mechanical Engineering, with tenure, beginning August 15, 1994, and Chairman of the Department of Manufacturing Technology, School of Engineering and Technology, for the period August 15, 1994 to June 30, 1999.

e. Amanda Porterfield as Professor of Religious Studies, with tenure, School of Liberal Arts, beginning August, 1994.

f. David W. Dunn as Associate Professor of Neurology and of Psychiatry, with tenure, School of Medicine, beginning August 1, 1994.

g. Paul M. Bleher as Professor of Mathematical Sciences, with tenure, School of Science, beginning August, 1994.

h. Robert Shay as Professor, with tenure, Herron School of Art, and as Dean of the Herron School of Art, beginning January 1, 1995.

Reappointments and Changes of Status

i. For Ronald Anderson, Professor of Marketing, reappointment as American United Life Professor of Business Administration, School of Business (Indianapolis), for the period August, 1994 to May, 1999.

j. For John N. Eble, a change in title from Professor, part-time, to Professor of Pathology and Laboratory Medicine, with tenure, School of Medicine, beginning September 1, 1994.

k. For Valerie P. Jackson, a change in title from Professor to John A. Campbell Professor of Radiology, School of Medicine, beginning August 1, 1994.

l. For Stephen J. Jay, a change in title from Professor and Assistant Dean, without stipend or tenure, to Professor of Medicine, with tenure, and Assistant Dean for Continuing Medical Education, School of Medicine, beginning December 1, 1994.

Unanimously approved on motion duly made and seconded.

3. INDIANA UNIVERSITY SOUTHEAST - Chancellor Rand

Reappointments and Changes in Status

a. For Curtis H. Peters, Professor of Philosophy, Division of Humanities, the additional title of Acting Dean of the Division of Humanities, for the period August 8, 1994 to July 31, 1995.

Unanimously approved on motion duly made and seconded.

4. CONFLICT OF INTEREST STATEMENTS

5. AWARD OF DEGREES

Approval was requested for the award of degrees as of May 31, 1994; June 30, 1994; July 31, 1994; and August 31, 1994.

Unanimously approved on motion duly made and seconded.

III. OTHER BUSINESS

A. NEXT MEETING

Indiana University Fort Wayne October 26-27, 1994

B. ADJOURNMENT

The meeting adjourned to meet again on call of the Secretary on October 27, 1994, on the Fort Wayne campus.

J. Susan Parrish, Secretary
THE TRUSTEES OF INDIANA UNIVERSITY

ADMINISTRATIVE ACTION REPORT, August 15, 1994

GENERAL ACTIONS

A. The following items have been approved:

Indiana University Bloomington/IUPUI

Indiana University-Purdue University Indianapolis

Indiana University Fort Wayne

Indiana University Northwest

Indiana University South Bend

FISCAL ACTIONS

A. The Report of Special Purchases appears in the appendices.

CONSTRUCTION CONTRACT AWARDS

A. INDIANA UNIVERSITY BLOOMINGTON

1. Music Library/Recital Hall Utility Tunnel

Date of bid opening: June 7, 1994
Bidders: 2-General, 3-Mechanical, 2-Electrical, 1-Gen/Mech/Elec,
2-Gen/Mech
Contract award: all low bidders
Amount: $2,409,616
General & Mechanical
Moore Heating & Plumbing, Inc., Bloomington, IN
Base bid
Alternate 1

 $2,297,000
40,000
$2,337,000
Electrical
AnBro Electric Co., Inc., Bloomington, IN
Base bid $72,616
Estimate: $2,462,000
Funding: Capital Projects/Land Acquisitions Reserve
Architect: ZBA, Inc., Cincinnati, OH

This walk-through utility tunnel will extend campus chilled water and steam service from Ballantine Hall to the Music Building and the Music Library/Recital Hall. The tunnel will be constructed of reinforced concrete. The entire project is estimated to cost $2,700,000 and appropriate State approvals have been received.

2. Fine Arts Museum Fire Alarm System

Date of bid opening: July 6, 1994
Bidders: 2
Contract award: low bidder, Steele-Beard Electric Co., Inc., Bloomington, IN
Amount:


Base bid
Alternate 1

 $124,900
6,400
$131,300
Estimate:


 Base bid
Alternate 1

 $140,000
5,000
$149,000
Funding: 1993-95 Capital Appropriation for Repair and Rehabilitation
Architect: Mussett, Nicholas & Associates, Inc., Indianapolis, IN

This project will replace the existing obsolete fire alarm control panel and associated devices with a new addressable type system. All wiring will be replaced within the existing conduit system. An alternate price was accepted for beam type detectors for the atrium area.

3. Billy Hayes Track Renovations

Date of bid opening: July 15, 1994
Bidders: 1-General, 2-Track Surface, 2-Gen/Surface Combined
Contract award: low bidder, Kiefer Specialty Flooring, Zion, IL
Amount:




Base bid combination
Alternate 1
Alternate 2
Alternate 3

 $584,000
38,000
48,800
6,000
$676,800
Estimate:




Base bid combination
Alternate 1
Alternate 2
Alternate 3

 $621,000
27,000
44,000
3,800
$695,800
Funding:

 Athletic Department Reserves
Account # 92-100-00
Architect: Browning Day Mullins Dierdorf, Inc., Indianapolis, IN

The Billy Hayes Track is an existing 400 meter outdoor track facility with a poured-in-place urethane surfacing material. Constructed in 1976, the urethane surface is in considerable disrepair and requires replacement. This project includes installation of a new subsurface, resurfacing of the track itself, installation of a new drainage system, and improvements to several event areas.

4. Memorial Stadium - Repair Southwest Parking Area and West Walkways

Date of bid opening: July 19, 1994
Bidders: 3
Contract award:

 low bidder, Weddle Bros. Construction Co., Inc.,
Bloomington, IN
Amount:


 Base bid
Alternate 1

 $182,150
4,800
$186,950
Estimate:


 Base bid
Alternate 1

 $235,000
2,300
$237,300
Funding: Parking Operations Account # 60-449-00
Architect: Indiana University Staff

This project provides surface improvements for the bus parking area in the south parking lot, curb replacement, and resurface of asphalt walkways. An alternate price was accepted to resurface the east bay of the south parking lot.

B. INDIANA UNIVERSITY-PURDUE UNIVERSITY AT INDIANAPOLIS

5. School of Dentistry - Oral Biology/Bio-Chemistry and Oral Biology/Microbiology

Date of bid opening:

 Bio-Chemistry - July 7, 1994
Microbiology - June 23, 1994
Bidders: Bio-Chemistry-4, Microbiology-4
Contract award: as follows
Amount: $483,944
Bio-Chemistry
M.D. Rowe Construction Co., Inc., Indianapolis, IN
Base bid $341,700
Microbiology
Jud Construction Co., Inc., Indianapolis, IN
Base bid $141,944
Estimate: $837,500
Funding: Capital Projects/Land Acquisitions Reserve
Architect: Artekna, Indianapolis, IN

Space on the second floor of School of Dentistry will be renovated to house laboratories and support facilities for the Department of Oral Biology. The area will be reconfigured to provide faculty research labs and will receive new finishes, mechanical systems, and electrical service. New casework will be installed in the labs and a Cold Room will be shared. The total project, including fees, is estimated to cost $840,000. Appropriate State approvals have been received.

REQUESTS FOR ADDITIONAL CONSTRUCTION WORK

A. Approved Change Orders

A list of approved change orders appears as an exhibit for information of the Board.

PERSONNEL ACTIONS

A. INDIANA UNIVERSITY - President Brand

Initial Appointments

Reappointments and Changes of Status

ITM/MUCIA COOPERATIVE PROGRAM IN MALAYSIA

Initial Appointments

Reappointments and Changes of Status

Resignations and Cancellations of Appointments

B. INDIANA UNIVERSITY BLOOMINGTON - Vice President and Chancellor Gros Louis

Initial Appointments

Visiting Appointments

Reappointments and Changes in Status

Sabbatical Leaves

Leaves of Absence and Changes in Sabbatical Leaves

Retirements and Emeritus Titles

Resignations and Cancellations of Appointments

C. INDIANA UNIVERSITY-PURDUE UNIVERSITY INDIANAPOLIS - Vice President and Chancellor Bepko

Initial Appointments

Visiting Appointments

Reappointments and Changes of Status

Leaves of Absence and Changes in Sabbatical Leaves

Retirements and Emeritus Titles

Resignations and Cancellations of Appointments

D. INDIANA UNIVERSITY EAST - Acting Chancellor Fulton

Initial Appointments

Reappointments and Changes of Status

E. INDIANA UNIVERSITY-PURDUE UNIVERSITY FORT WAYNE - Chancellor Wartell

Initial Appointments

Visiting Appointments

Reappointments and Changes of Status

Resignations and Cancellations of Appointments

F. INDIANA UNIVERSITY KOKOMO - Chancellor Hill

Initial Appointments

G. INDIANA UNIVERSITY NORTHWEST - Chancellor Richards

Reappointments and Changes of Status

Resignations and Cancellations of Appointments

H. INDIANA UNIVERSITY SOUTH BEND - Chancellor Cohen

Initial Appointments

I. INDIANA UNIVERSITY SOUTHEAST - Chancellor Rand

Initial Appointments

Visiting Appointments

Reappointments and Changes of Status

Resignations and Cancellations of Appointments

WILLS, TRUSTS, AND GIFTS

The following distributions were received and processed by the Joint Gift Office in the Foundation and deposited into the appropriate IU accounts. This list includes only those distributions made to the University and does not include the distributions made directly to the Foundation during the same period of time. These are included in the Foundation's annual report.

ESTATE/
TESTAMENTARY TRUST 		AMOUNT OF
DISTRIBUTION
PURPOSE
Florence Lehr
Indianapolis, IN 		$798.29 Riley Hospital
Helen L. Murray
Marion, IN 		$145.89 Riley Hospital
Frederic A. Ogg
Madison, WI 		$2,731.40 William R. Ogg Fellowships
Jack L. Wagley, Sr.
Indianapolis, IN 		$395.73 Riley Hospital

ADMINISTRATIVE ACTION REPORT, September 15, 1994

FISCAL ACTIONS

A. The Report of Special Purchases appears in the appendices.

CONSTRUCTION CONTRACT AWARDS

A. INDIANA UNIVERSITY-PURDUE UNIVERSITY AT INDIANAPOLIS

1. Riley Hospital - Renovation for Apheresis Unit

Date of bid opening: August 3, 1994
Bidders: 6
Contract award: low bidder, Hasser Construction Co., Inc., Indianapolis, IN
Amount: $78,400
Estimate: $108,860
Funding: Riley Memorial Association
Architect: BSA Design, Indianapolis, IN

Renovation of existing shelled-in space on the fifth floor of Riley Hospital is adjacent to the Children's Cancer Center Unit. Work includes new finishes and systems. Additionally a small area on the fourth floor will be renovated for a doctors On-Call room with restroom and shower facilities.

B. INDIANA UNIVERSITY SOUTH BEND

2. 1818 Mishawaka Avenue - Demolition and Asbestos Abatement

Date of bid opening: August 2, 1994
Bidders: 3-Demolition, 7-Abatement
Contract award: all low bidders
Amount: $154,360 as follows
Demolition
M.S.V. Dismantlement, Inc., Chesterfield, MO
Base bid $75,500
Abatement
Star Environmental, Inc., Indianapolis, IN
Base bid
Less Negotiated Items

 $84,000
(4,140)
$79,860
Estimate: $240,000
Funding: Academic Facilities Bonds as authorized by the 1991 General Assembly
Architect: Indiana University Staff

This project involves the abatement of all asbestos containing materials, including terrazzo and fluorescent lighting, and the complete demolition of the structure. The building is the former Coke-Cola bottling plant. A new classroom building is proposed to be constructed on the site. Appropriate State approvals have been received.

REQUESTS FOR ADDITIONAL CONSTRUCTION WORK

A. Approved Change Orders

A list of approved change orders appears as an exhibit for information of the Board.

PERSONNEL ACTIONS

A. INDIANA UNIVERSITY - President Brand

Initial Appointments

Reappointments and Changes of Status

Retirements and Emeritus Titles

ITM/MUCIA Cooperative Program in Malaysia

Reappointments and Changes of Status

B. INDIANA UNIVERSITY BLOOMINGTON - Vice President and Chancellor Gros Louis

Initial Appointments

Visiting Appointments

Reappointments and Changes in Status

Leaves of Absence and Changes in Sabbatical Leaves

Retirements and Emeritus Titles

Resignations and Cancellations of Appointments

C. INDIANA UNIVERSITY-PURDUE UNIVERSITY INDIANAPOLIS - Vice President and Chancellor Bepko

Initial Appointments

Visiting Appointments

Reappointments and Changes of Status

Leaves of Absence and Changes in Sabbatical Leaves

Retirements and Emeritus Titles

Resignations and Cancellations of Appointments

D. INDIANA UNIVERSITY EAST - Acting Chancellor Fulton

Initial Appointments

Leaves of Absence and Changes in Sabbatical Leaves

Resignations and Cancellations of Appointments

E. INDIANA UNIVERSITY-PURDUE UNIVERSITY FORT WAYNE - Chancellor Wartell

Initial Appointments

Reappointments and Changes of Status

Leaves of Absence and Changes in Sabbatical Leaves

F. INDIANA UNIVERSITY KOKOMO - Chancellor Hill

Initial Appointments

Visiting Appointments

G. INDIANA UNIVERSITY NORTHWEST - Chancellor Richards

Initial Appointments

Visiting Appointments

Reappointments and Changes of Status

Resignations and Cancellations of Appointments

H. INDIANA UNIVERSITY SOUTH BEND - Chancellor Cohen

Initial Appointments

Visiting Appointments

Reappointments and Changes of Status

Leaves of Absence and Changes in Sabbatical Leaves

Retirements and Emeritus Titles

I. INDIANA UNIVERSITY SOUTHEAST - Chancellor Rand

Initial Appointments

Reappointments and Changes in Status

Resignations and Cancellations of Appointments

REAL ESTATE ACTIONS

A. BLOOMINGTON CAMPUS

1. Lease of Space For Recycling Facility

A lease of warehouse/light industrial space at 1601 Gray Street, Bloomington, was entered for relocation and expansion of the Bloomington Campus recycling facility. The recycling operation was housed in the Showers property at Eighth and Morton Streets prior to its sale.

The principal provisions of the lease are:

Location: 1601 Gray Street, Bloomington
Space:

 4,000 square feet warehouse/light industrial space, dock,
and common area parking
Lessor: Landrey Leasing, Inc.
Term: June 1, 1994 to May 31, 1999
Rent: $1,500.00 per month ($4.50 per square foot per annum)
Services:

 Lessor provides all exterior maintenance and care.
Lessee provides utilities and minor interior maintenance
Source of Funds: Building Services operating funds

2. Renewal of Lease of Indiana Memorial Union Space

A lease of Room L010 in Indiana Memorial Union to Indiana University Employees Federal Credit Union for retail financial services use has been renewed for a one-year term and expanded to include Room L009.

The principal provisions of the lease are:

Location:


 Rooms L009 and L010
Indiana Memorial Union
Bloomington
Space: 2271 square feet office/retail
Lessee: Indiana University Employees Federal Credit Union
Term: July 1, 1994 to June 30, 1995
Rent: $5,109.75 per month ($27.00 per square foot per annum).
Services: Full service lease

B. IUPUI

1. Lease of Office Space for School of Public and Environmental Affairs

A lease has been entered for office space near the IUPUI Campus to house the Small Business Development Center, a service unit of the School of Public and Environmental Affairs. The offices are located at 334 North Senate Avenue where also is housed the school's Center for Urban Policy and the Environment.

Lessor: BDMD Realty, an Indiana Partnership
Address: Emelie Building, 334 North Senate Avenue, Indianapolis
Premises: 1,100 square feet of office area on the first floor
Term: Four years, May 1, 1994 to April 30, 1998
Rental: $13,475 per year ($12.25/SF)
Services:

 Owner to provide all services including utilities, housekeeping,
repairs, and maintenance

C. IU South Bend

1. Purchase of Coca-Cola Real Estate

The South Bend real estate located at 1818 Mishawaka Avenue was acquired August 22, 1994. The property was owned by Hondo, Incorporated and was the site of a Coca-Cola warehouse and distribution facility. The purchase represented the final, negotiated settlement of an eminent domain action instituted by the university in the St. Joseph Circuit Court July 22, 1992.

Seller:

 Hondo, Incorporated, formerly known as Northern
Indiana Coca-Cola Bottling
Street Address: 1818 Mishawaka Avenue, South Bend, Indiana
Legal Description:



 A part of the Northeast Quarter of the Northeast Quarter,
Section 18, Township 37 North, Range 3 East, all in the
City of South Bend. (Consisting of approximately 2.71
acres).
Improvements:

 Masonry commercial building consisting of 55,880
square feet of floor area.
Purchase Price: $683,837.91
Purchase Date: August 22, 1994

D. IU East

1. Sublease of Office and Classroom Space, 2000 Illinois Avenue, Connersville, Indiana

At the request of the University the IU Foundation entered a ten-year lease with Connersville Industrial Center, Inc. for classroom and office space of approximately 10,400 square feet, located in Connersville, to serve the IU East Campus. Both parties intend that this lease be assigned to the University in 1995.

A sublease, from Foundation as sublessor to University as sublessee, provides for University use of the property for the interim period prior to an assignment of the lease. The principal terms of the sublease are as follows:

Term: Thirteen months; August 1, 1994 to August 31, 1995
Rental: $30,000.00 per year
Additional Rent:

University will pay for electrical service. (All other utilities are
included in the base rent.)
Services:

 University will provide for building housekeeping and parking lot
maintenance.