Repository: UIHistories Project: Board of Trustees Minutes - 1990 [PAGE 404]

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392

BOARD OF TRUSTEES

[October 10

Negotiations for the balance of the land (45.54 acres) have continued with the landowners. This land is needed to provide a clear zone and for future airport purposes under the Airport Master Plan. T h e owners have refused to sell for a price which the University's representatives consider fair and reasonable and reflective of its present market value. Therefore, the president of the University, with the concurrence of the appropriate administrative officers, recommends that the property be acquired through the exercise of the power of eminent domain if the owners continue to refuse to sell for a price which the University considers fair and reasonable, and that the following resolution be adopted. It is further recommended that, subject to the availability of funds, University representatives be authorized to purchase the property or effect a settlement of the condemnation proceedings at prices that are within the appraisals received by the University or that are approved by the Federal Aviation Administration and Department of Transportation for reimbursement. Funds from the Federal Aviation Administration and Illinois Department of Transportation, Division of Aeronautics, are available to reimburse the University for this purchase. If additional funding or interim financing is required, it will be provided from the restricted funds operating budget of Willard Airport. It is contemplated that the University will seek Federal reimbursement for all or the eligible portion of the cost of this land at a later date.

Resolution Authorizing Acquisition of Property for University of Illinois-Willard Airport

Be It, and It Is Hereby, Resolved, Found, and Declared by the Board of Trustees of the University of Illinois, a body corporate and politic of the State of Illinois, that the following-described property situated in the County of Champaign, in the State of Illinois, to-wit: Land parcel described as follows: Part of the Southwest lA of Section 10, Township 18 North, Range 8 East, of the Third Principal Meridian, in Champaign County, Illinois, said part being further described as follows: Beginning at the Northeast corner of the Southwest lA of Section 10; thence West 1710 feet along the north line of the Southwest !4; thence South 2000 feet parallel with the East line of the Southwest lA of Section 10; thence East 1710 feet parallel with the North line of the Southwest lA of Section 10 to the East line of the Southwest lA of Section 10; thence North 2000 feet along the East line of the Southwest lA of Section 10 to the point of Beginning, excepting there from the following described parcel: Beginning at the Northeast corner of the Southwest lA of Section 10; thence West 1340 feet along the North line of the Southwest quarter; thence South 1070 feet parallel to the East line of the Southwest Quarter; thence East 1340 feet parallel to the North line of the Southwest Quarter; thence North along the East line of the Southwest Quarter 1070 feet to the point of Beginning, all in Section 10, Township 18 North, Range 8 East of the Third Principal Meridian in Champaign County, Illinois, and containing 32.92 acres more or less. T h e above-described part contains 45.544 acres, more or less, exclusive of the 32.92 acres exception. is needed by the University of Illinois, an educational institution established and supported by the State of Illinois for use as a part of the University of IllinoisWillard Airport in order to provide a clear zone approach area for the University of Illinois-Willard Airport and for other educational purposes conducted and to be conducted by said University of Illinois and for the further expansion of the