Sunday, November 22, 2009 East Central Illinois

UI recommends noncompliance for affiliate boards

By Christine Des Garennes
Tuesday, January 16, 2007 7:14 AM CDT

The University of Illinois is recommending its affiliate boards, which oversee the UI's research parks and support start-up companies, not comply with the state's Open Meetings Act.

The UI Research Park Board of Managers has oversight of the research parks in Urbana and Chicago. And the IllinoisVentures board provides guidance on investing public and private money in new companies. The research park and IllinoisVentures get money from the UI but are limited liability corporations and exempt from the Open Meetings Act.

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