Repository: UIHistories Project: Board of Trustees Minutes - 1960 [PAGE 1082]

EXTRACTED TEXT FROM PAGE:

1959]

With Whom VioBin Corp. Hiram Walker & Sons, Inc. Wyandotte Chemicals Corp., Air Force Subcontract AF 33(6i6)-5053 With Whom Harry F. Fisher (Plastering)

UNIVERSITY OF ILLINOIS

Amount to be Paid to the University

$1 500 00 720 OO 5 000 00

IO79

Effective Date September 1, 1959 September 1, 1959 October 5, 1959

Purpose Nutritive evaluation of defatted fishmeal for swine Nutritive properties of dried distillers' solubles in swine nutrition Synthesis of liquids

Adjustments Made in 1959-60 Cost-Pius Contract

Purpose Forty-one items: $1,223.3° deduct to $562.59 $ Amount 854 55 Date September and October, 1059

This report was received for record.

QUARTERLY REPORT OF T H E COMPTROLLER (13) T h e Comptroller presents his quarterly report to the Board as of September 30, 1059-

This report was received for record and a copy has been filed with the Secretary of the Board.

SALE OF FARM LANDS IN LA SALLE C O U N T Y

(14) The University owns 640 acres of farm lands in La Salle County, received in 1955 as a gift from Miss Laura M. Weber of LaGrange Park, Illinois, for the benefit of the College of Agriculture. The farms are designated as Weber Farms No. I and No. 2, totaling 400 acres in Hope Township; Weber Farm No. 3, 80 acres in Richland Township about six miles from F a r m No. 1; and Weber F a r m No. 4, 160 acres in Waltham Township. In July, 1959, the Board of Trustees authorized the purchase at public auction of an 80-acre tract adjoining Weber F a r m No. 1 and at the same time authorized the sale of Weber F a r m No. 3 in order to consolidate the University's holdings. T h e 80 acres were purchased and this action was confirmed by the Board on September 16, 1959. Pursuant to advertisements and other public notices, sealed bids were received on November 16 on Weber F a r m No. 3, described as follows: The North Half ( N ]/2) of the Northwest Quarter ( N W J4) of Section Eight ( 8 ) , Township Thirty-One (31) North, Range Two (2) East of the Third Principal Meridian, containing Eighty Acres, more or less, situated in the Township of Richland in the County of La Salle and State of Illinois. Buildings: House, machine shed, corncrib, storage building. Mr. Everett Miller of Lostant, Illinois, submitted the highest bid of $42,960, which is an acceptable price. Accordingly, the Dean of the College of Agriculture and the Vice-President and Comptroller recommend the sale of Weber Farm No. 3 to Mr. Miller at the price indicated. I concur and recommend that the Comptroller and the Secretary of the Board be authorized to execute the necessary documents. Mr. Herrick, for the Committee on Agriculture, reported that the Committee has considered this recommendation and is prepared to support the same. H e then offered the following resolution and moved its adoption. Resolution WHEREAS, Everett S. Miller and Frances E. Miller, his wife, of Lostant, Illinois, hereinafter termed "Purchaser" have offered to purchase the hereinafter described property, upon the terms and conditions hereinafter set forth; Now, Therefore, Be It and It Hereby Is Resolved, by this Board of Trustees of T h e 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, in the name, and in behalf of, this Corporation to enter into an agreement with Purchaser providing for the