Board of Trustees Action Points, August 15, 2022 – News – State of Illinois – Illinois State University News | Vette Leader

The Illinois State University Board of Trustees approved a number of resolutions at its quarterly meeting on August 15, 2022. The full text of these resolutions can be found on the Board of Trustees’ website.

property insurance
The Board of Trustees authorized the university to provide property insurance for fiscal year 2023 at an annual premium not exceeding $1.2 million. The State of Illinois owns and operates approximately $2 billion in property and business interruption insurance. Through its membership in the Midwestern Higher Education Compact and the Illinois Public Higher Education Cooperative (IPHEC), the university is able to purchase insurance coverage through insurance broker Alliant Insurance Services, Inc. Funding is derived from a collection of reputable and financially sound insurance companies from general income and operating income of the ancillary system.

Fire Department Contract
Trustees approved the annual interstate agreement between the city of Normal and the state of Illinois for fire safety services for the university. The FY2023 agreement includes a maximum of $628,348 in costs. The agreement is amended each year to mandate a new reimbursement rate that reflects the higher municipal costs associated with the provision of fire protection services. The City of Normal uses a price index to calculate the new reimbursement rate set by the Illinois Municipal League and used in other university communities across the state. Funding comes from general income and operating income from the auxiliary system.

National Board for Professional Teaching Standards
The trustees approved a contract with the National Board for Professional Teaching Standards to support teacher candidates. The agreement includes a cost of $707,525 to provide the tools needed to validate the certifications of teachers across the state of Illinois who choose to participate in this initiative.

Income from the system of auxiliary institutions
The Trustees have authorized the State of Illinois to provide revenue refunds for the renovation of Hancock Stadium. The new bonds will be issued in an amount not to exceed $14,000,000 with actual interest cost of borrowing not to exceed 4 percent. Debt service savings are estimated to be over $200,000 over the life of the new debt. The renovations were the first to be seen at Hancock Stadium since it was built in 1961.

Learning Management Software
Trustees approved a five-year contract with Instructure for a new Learning Management System (LMS) at a cost not to exceed $2,350,000. The new system, called Canvas, will replace the current ReggieNet learning management system, which has been in use for almost 10 years. The LMS Review Leadership Team’s recommendation for Canvas comes with input from university deans, academic department heads, the President’s Cabinet, the Student Government Association and the Academic Senate.

Capital Project, WGLT
The trustees approved a capital project to plan, design and renovate the space at 500 W. Locust St. in Normal that will integrate the offices of WGLT radio operations with the student newspaper The vidette. The renovation, not expected to exceed $650,000, will integrate business, operational and student education functions.

Sublet for the Mennonite College of Nursing
Trustees authorized the university to enter into a lease with the Memorial Health System to increase capacity for nursing education through the Mennonite College of Nursing. The university will sublet 9,990 feet of classroom, skills lab, office and laboratory space in Springfield, Illinois. The facility’s renovation costs and annual sublease payments of $286,685 are expected to be covered by a grant from the Memorial Health System.

Property Raabstrasse
The Board of Trustees authorized the University to enter into agreements to acquire the property at 715 and 755 Raab Road, the former location of Lincoln College’s offices in Normal, for a price not exceeding $4.1 million. The property, which follows the university’s plan to acquire strategic properties near campus, is adjacent to the university’s horticultural center.

Acknowledging Former Trustee Rocky Donahue
The Trustees recognized the contributions of former Trustee Rocky Donahue. Originally appointed to the Board of Directors in 2011, Donahue was a former Board Chairman and currently serves on the Board of Directors of the Illinois Public Transportation Association, the Board of Directors of Good Shepherd, a member of the APTA Legislative Committee and a member of the Illinois ARC.

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