Repository: UIHistories Project: Board of Trustees Minutes - 1992 [PAGE 40]

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28

BOARD OF TRUSTEES

[July 9

Records on Page 229, in the County Recorder's Office of Macoupin County, Illinois, conveyed an undivided one-twentieth interest in and to the hereinafter described real estate to University of Illinois for the exclusive use of the Illini Achievement Fund (now known as the U of I Advancement Fund); and Whereas, the other parties with an interest in the property wish to sell it. Now, Therefore, Be It, and It Hereby Is, Resolved by the Board of Trustees of the University of Illinois, a public corporation of the State of Illinois, that the Comptroller and Secretary of this corporation be, and they hereby are, authorized and directed to solicit offers and/or proposals for the sale of the property and execute, acknowledge, and deliver, in the name and in behalf of, this corporation, and under its corporate seal, a Quit Claim Deed and such other documents in connection therewith as said Comptroller and Secretary may deem necessary or desirable in order to convey to a purchaser who submits an offer acceptable to the Comptroller of the University, all right, title and interest that this corporation now may have in or to the following described property, upon the payment by the purchaser of the sum of money acceptable to the Comptroller, and which sum is to be deposited in and to be credited to the U of I Advancement Fund, viz: An undivided l / 2 0 t h interest in and to the following described real estate: The Northeast Quarter (NE 1/4) (excepting 8 acres thereof formerly owned by Elsie Chiles and 5.59 acres owned by the Carlinville Water Supply Company) and the Northeast Quarter of the Southeast Quarter, all in Section Four (4), Township Nine North (T9N), Range Seven West (R7W), of the Third Principal Meridian, Macoupin County, Illinois, excepting 38.02 acres described as follows: Beginning at the Northeast corner of said Northeast Quarter of the Northeast Quarter, running thence South 00 degrees 28 minutes 11 seconds West along the East line of said Section Four (4) for 1568.00 feet; thence North 88 degrees 23 minutes 02 seconds West for 346.65 feet; thence North 36 degrees 45 minutes 35 seconds West for 494.79 feet; thence South 65 degrees 11 minutes 15 seconds West for 214.25 feet; thence North 56 degrees 47 minutes 25 seconds West for 233.45 feet; thence North 54 degrees 42 minutes 37 seconds West for 132.32 feet; thence North 30 degrees 23 minutes 45 seconds West for 98.56 feet; thence North 51 degrees 07 minutes 37 seconds West for 136.77 feet to the West line of said Quarter Quarter Section; thence North 00 degrees 45 minutes 08 seconds West along the West line of said Quarter Quarter Section for 823.61 feet to the North line of said Quarter Quarter Section; thence North 87 degrees 42 minutes 08 seconds East along the North line of said Quarter Quarter Section for 1321.50 feet to the point of beginning, situated in the County of Macoupin, in the State of Illinois.

On motion of Dr. Bacon, the foregoing resolution was adopted by the following vote: Aye, Dr. Bacon, Mr. Boyle, Mr. Downey, Mr. Grabowski, Mrs. Gravenhorst, Mr. Lamont, Ms. Reese, Mrs. Shepherd; no, none; absent, Mrs. Calder, Governor Edgar. (The student advisory vote was: Aye, Mr. Begovich, Mr. Lawless; no, none.)

Easement of a Strip of Land on University of Illinois Farm Property to GTE North, Incorporated

(31) This easement is being requested by GTE North, Incorporated, for the purpose of constructing a buried cable. This cable replacement project is to upgrade the level of toll service by replacing deteriorating copper cables with fiber-optic cable. The cable route is chosen as presenting the fewest obstacles to placing cable underground.