Repository: UIHistories Project: Board of Trustees Minutes - 1990 [PAGE 354]

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342

BOARD O F T R U S T E E S

[September

12

Wall, treasurer; and Dr. Michele M. T h o m p s o n , secretary. In addition, the following persons were also in attendance: Mr. Donald K. Coe, director, University Office of Public Affairs; Mr. Kirk Hard, executive assistant to the president of the University; and Mr. R. C. Wicklund, associate secretary. EXECUTIVE SESSION President Wolff, referring to Section T w o of the O p e n Meetings Act, stated: " A motion is now in o r d e r to hold an executive session to consider information regarding the appointment, employment, or dismissal of employees or officers, to discuss pending, probable, or imminent litigation, the acquisition of real property, to discuss campus security, and to receive legal advice from counsel." T h e motion was made by Mrs. Shepherd and approved unanimously.

Proposed Land Acquisition, Chicago Chancellor Stukel r e p o r t e d on c u r r e n t negotiations with the owners of the South Water Market. Dr. Stukel apprised the board that this was a progress report and that he intended to r e c o m m e n d purchase of this land to the president in the near future. Mr. Higgins noted that he would be r e c o m m e n d i n g initiation of condemnation proceedings on certain parcels of land in the vicinity of the South Water Market. Mr. Higgins then provided a r e p o r t on progress toward acquiring the property known as the Circle Court shopping center. Mr. Higgins r e p o r t e d that Chancellor Stukel had asked him to assume responsibility for acquiring this property the previous week upon the d e p a r t u r e of L. Vaughn Blankenship. H e indicated that the mortgagor of this property might now be in receivership u n d e r the jurisdiction of the Resolution T r u s t Corporation. Report of Additional Land Acquisition (Grein Farm) Dr. Bazzani r e p o r t e d that land desired by the University and owned by the Grein family would appear as an item on the board's agenda for consideration later in the day. Originally, this land was to be traded for some other land the University owns; however, environmental concerns prevent this exchange at present. According to Dr. Bazzani, additional time will be required to identify solutions acceptable to all parties before the land currently owned by the University can be sold. T h u s , the administration would like to request the University of Illinois Foundation to e n t e r into an option to acquire the Grein land.