NORMAL (HOI) - Illinois State University's governing board will vote on many millions of dollars worth of projects on Friday, and also announce whether the school's president deserves a bonus.
Larry Dietz has been ISU's president since 2014. A provision in his current three-year contract calls for Dietz to receive up to $50,000 a year in bonuses, based on annual performance reviews, in addition to his annual base salary of $375,000.
Also on Friday's agenda, the Board of Trustees will decide whether to spend $5.1 million for a new multicultural center, to be located at the former University Museum site at 301 S. Main St. in Normal. ISU plans to open the multicultural center this fall.
Trustees will be asked to approve $4.1 million to upgrade the Bone Student Center's parking lot, including resurfacing, construction of a pedestrian walkway, improved lighting, and a new visitor parking payment ticketing system.
If trustees approve, $5.8 million will be earmarked for various improvements at Watterson Towers, the largest residence hall on campus. Crews would replace air handling units and exhaust fans in penthouses at the top of the 28-story towers and also replace the furniture.
The university, with trustees' blessing, would spend up to $875,000 from a reserve fund for an consultant to help set up a new engineering degree program. Establishing programs in mechanical and electrical engineering would "leverage the already existing faculty expertise" in Physics, Technology, and other academic departments, ISU administrators said in a staff report to the trustees.
The Board of Trustees meet Friday at 9 a.m. in the Old Main Room of the Bone Student Center.