Repository: UIHistories Project: Board of Trustees Minutes - 1980 [PAGE 165]

EXTRACTED TEXT FROM PAGE:

1978]

UNIVERSITY OF ILLINOIS

155

Extension of Agreement for Easement to Illinois Power Company, Urbana (14) T h e president of the University, with the concurrence of appropriate administrative officers, recommends that an agreement with the Illinois Power Company, granting an easement for a ten-inch gas main across the property known as the Percival farm, be extended to September 30, 1980, and from year to year thereafter until the company discontinues use of the gas main. On November 10, 1966, the Board of Trustees approved the granting of an easement for a twelve-inch gas main along the west boundary of the Percival farm. A portion of the consideration was that the company would abandon the ten-inch gag main described above. The company has delayed plans to expand its natural gas delivery capabilities and has requested extension of the easement for the teninch main. T h e University may terminate the agreement in whole or in part at any time by giving the company one year's advance written notice. Extension of the agreement will not interfere with present plans for development and use of University property.

T h e student advisory vote was: Aye, Miss Kooper, Mr. Sobotka, Mr. Watson; no, none. O n motion of Mr. Neal, this recommendation was approved by the following vote: Aye, Mr. Forsyth, Mr. H a h n , Mr. Howard, Mr. Lenz, Mr. Livingston, Mr. Neal, Mrs. Rader, Mrs. Shepherd, Mr. Velasquez; no, none; absent, Governor Thompson.

Coal Lease, Experimental Farm, Jasper County (15) T h e University of Illinois owns a thirty-acre experimental farm in Jasper County near Newton, Illinois. T h e property was deeded by the county to the University in 1911 for use as an agricultural experimental field and it is currently assigned to the Cooperative Extension Service for use as a demonstration plot. The University has received an offer from the Coastal States Energy Company of Houston, Texas, to enter into an underground coal lease covering the entire thirty acres. The lease provides for royalties on all coal mined and sold from the premises at a rate of 2'A percent of the average sales price f.o.b. mine, but not less than 50(f per ton for coal sold or used by the lessee. T h e lessee also agrees to pay the University $100 per exploratory drill hole on the premises, as well as for damages to crops, land, or other improvements. An advance royalty payment of $35 per acre, a total of $1,050, would be made. A special clause will be included in the lease to protect the University against surface damage and subsidence and requiring the lessee to comply with the mining laws and regulations of the state of Illinois and of the United States in mining and removing coal from the leased premises. T h e dean of the College of Agriculture and the director of the Cooperative Extension Service have recommended that the University enter into this agreement for an initial term of twenty years and for so long thereafter as mining operations are being conducted in the general mining area. T h e chancellor at Urbana-Champaign concurs in their recommendation and requests that the comptroller and the secretary be authorized to execute the lease as described. T h e vice president for administration recommends approval. I concur.

O n motion of Mr. H a h n , this recommendation was approved and authority given as requested.