Repository: UIHistories Project: Board of Trustees Minutes - 1968 [PAGE 165]

EXTRACTED TEXT FROM PAGE:

1966]

UNIVERSITY OF ILLINOIS

113

Board of Trustees of the University of Illinois, a public corporation, Petitioner vs. Raymond Timpone, Maxine Timpone, and the Commercial Bank of Champaign, a corporation of Illinois, Defendants" No. 66-L-345, under date of August 19, 1966, provides that upon payment to the County Treasurer of Champaign County, Illinois, of the amount of the award in the sum of Thirty Thousand Five Hundred Dollars ($30,500.00) title to the Timpone Property hereinafter described shall vest in this public corporation; and WHEREAS, this public corporation desires that the University of Illinois Foundation, a not-for-profit corporation of the State of Illinois, pay the amount of said award in accordance with the terms of said Judgment Order and lease said Timpone Property to this public corporation and under the terms of which lease this public corporation shall be granted an option to purchase said Timpone Property; and WHEREAS, University of Illinois Foundation at a special meeting of its Executive Committee held on August 19, 1966, has authorized such payment to be made and such lease with option to be entered into upon title to said Timpone Property being conveyed by this public corporation to it. Now, Therefore, Be It, and It Hereby Is, Resolved by T h e Board of Trustees of the University of Illinois, a public corporation of the State of Illinois, that upon payment of said award in accordance with the terms of said Judgment Order by the University of Illinois Foundation, that the Comptroller and Secretary of this public corporation be, and they hereby are, authorized and directed, to execute, acknowledge, and deliver, in the name, and in behalf of, this public corporation and under its Corporate Seal, a Warranty Deed, and such other documents in connection therewith as said Comptroller and Secretary may deem necessary or desirable in order to convey to University of Illinois Foundation title to the property hereinabove referred to as Timpone Property and described as follows, v i z : Lot Six (6), except the North Fifty-seven (57) feet thereof, in Block Fourteen (14) of Assessor's Subdivision of Blocks Ten (10), Eleven (11), and Fourteen (14) of J. S. Wright's Addition to Champaign in Champaign County, Illinois. O n m o t i o n of M r s . W a t k i n s , t h e f o r e g o i n g r e s o l u t i o n w a s a d o p t e d by t h e following v o t e : A y e , M r . Clement, M r . J o h n s t o n , M r s . W a t k i n s ; no, n o n e ; absent, n o n e . T h e b u s i n e s s of t h e m e e t i n g h a v i n g b e e n c o n c l u d e d , o n m o t i o n of Mrs. Watkins, the Executive Committee adjourned. T h e E x e c u t i v e C o m m i t t e e of T h e B o a r d of T r u s t e e s of t h e U n i v e r s i t y of I l l i n o i s

W A Y N E A. A. J. J A N A T A FRANCES B. JOHNSTON WATKINS

Clerk

HOWARD W. CLEMENT,

Chairman

DEGREES C O N F E R R E D IN AUGUST, 1966

T h e S e c r e t a r y p r e s e n t e d f o r r e c o r d t h e f o l l o w i n g list of d e g r e e s c o n fered at U r b a n a - C h a m p a i g n o n A u g u s t 15, 1966, on r e c o m m e n d a t i o n of t h e U r b a n a - C h a m p a i g n S e n a t e . Summary Graduate Master Master Master Master Master Master Master Master Master College of Arts of Science of Music of Education of Social Work of Fine Arts of Laws of Television of Architecture 167 299 7 240 4 5 1 1 4