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Caption: Board of Trustees Minutes - 1869
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44 department of said University, county bonds of said county to the amount ot $100,000, and other property to the estimated value of $350,000 more, in consideration of the location of said Agricultural department in said county, and WHEREAS, There seems to be a defect of power under the city charter for the city to issue bonds for such a purpose at this time, therefore, be it Besolved, By the Mayor and Aldermen of the city of Chicago in Common Council assembled, that the following proposition be, and the same is hereby made to the Board of Trustees of the Mechanical or Polytechnic department of the State Industrial University, to-wit; If, and upon condition that the Trustees of said Mechanical department shall permanently locate said department and its buildings at a site within one-half mile of the geographical centre of the city of Chicago, the Common Council will, and hereby pledges itself, to make application to the General Assembly of this State, at its next regular session, for power to issue seven per cent, bonds of the said city, to the amount of $250,000, as an endowment for said Mechanical department, and, upon obtaining such power, will, within ninety days thereafter, issue and deliver to the Trustees of said Mechanical or Polytechnic department for the purpose aforesaid, the said amount of $250,000 of seven per cent, bonds of the city of Chicago. And that said resolution was duly approved by the Mayor of said city, and remains in full force. -, In testimony whereof, I have hereunto set my hand and the r ISEAL.j geal o f gaid d t ^ t M s 1 7 t h d a y o f N o v e m b e r j A B 1 8 6 a A. H. BODMAN, Clerh Mr. Flagg asked and obtained leave to read a resolution relating to experiments to be carried out upon the University farm, and simultaneously in different parts of the State, and that the Regent be authorized to draw a warrant to meet the expenses of the same, unless the Legislature shall make up appropriations for the same; and also a resolution, that the Executive committee provide for a course of lectures and discussions, to commence about the 12th of January next, to continue two weeks; that the co-operation of the practical farmers of the State be earnestly solicited to make the discussion successful, and disseminating the views in practical and scientific agriculture and in facts relating thereto. Laid on the table. On motion, a recess was taken until 12 o'clock, to enable the committee on Polytechnic branch to report. Upon re-assembling at 12 o'clock, the committee on Polytechnic School reported as follows:
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