Repository: UIHistories Project: Board of Trustees Minutes - 1990 [PAGE 48]

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36

BOARD OF TRUSTEES

[July 12

Resolution Authorizing Condemnation of Property at 404 North Goodwin Avenue, Urbana

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: Beginning at a point 100 feet north of the southwest corner of Lot 25 of M. W. Busey's Heirs' Addition to Urbana, and running thence north 43.29 feet to an iron stake, thence east 148.38 feet to an iron stake, thence south 9.4 feet, thence west 50 feet, thence south 33.46 feet to an iron stake, thence west 98.82 feet to the place of beginning, situated in Champaign County, Illinois, 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 Illinois and to provide parking in the north campus of the University of Illinois and for other educational purposes conducted and to be conducted by said University of Illinois and for the further expansion of the educational facilities of said University of Illinois and to enable said University of Illinois to discharge its duty to the people of said State and for public use; that funds are available to the University for the purchase of said land for said educational purposes; and this Board of Trustees has negotiated with the owners of said land through their duly authorized representatives for the purchase of said land at a price which this Board of Trustees considers fair and reasonable and which it finds constitutes the present market value of said land, but that said owners have refused to sell and convey said land, or any portion thereof, to said Board of Trustees of the University of Illinois for such price and continue to refuse to sell and convey the same to it except for a consideration and price which this Board of Trustees deems unreasonable and excessive and is, therefore, unwilling and has refused to pay; and Be It, and It Is Hereby, Further Resolved, Found, and Declared that the Vice President for Business and Finance or his designee of the University of Illinois be, and hereby is, authorized to continue negotiations for the acquisition for and on behalf of the University of Illinois with the owners of the real estate described above and for the purchase thereof by the University; and Be It, and It Is Hereby, Further Resolved, Found, and Declared by the Board of Trustees of the University of Illinois that if the compensation to be paid by it for said land cannot be agreed upon between this Board of Trustees and the owners of said property and they and it are unable to agree upon the purchase price to be paid to said property owners for the sale and conveyance of said land by said owners thereof to said Board of Trustees of the University of Illinois; that Therefore, Be It, and It Is Hereby, Further Resolved, Found, and Declared by the Board of Trustees of the University of Illinois that because of said need of the University of Illinois for said land for the purposes hereinabove set forth and because the compensation to be paid to the owners thereof for such land cannot be agreed upon between them and this Board of Trustees, it is necessary for the Board of Trustees of the University of Illinois to take said land and acquire title thereto through the exercise by it of the right of eminent domain conferred upon it by law and to have the compensation to be paid by it to the owners and any and all other persons who may have any right, title, or interest in and to said land determined in the manner provided by law for the exercise of said right and power of eminent domain; and Be It, and It Is Hereby, Further Resolved by the Board of Trustees of the University of Illinois that the necessary and appropriate action be taken for the acquisition of said title to said property by said Board of Trustees of the University of Illinois and