Repository: UIHistories Project: Board of Trustees Minutes - 1936 [PAGE 502]

EXTRACTED TEXT FROM PAGE:

500

BOARD OF TRUSTEES

[January

24

TITLE TO SITE OF SECOND UNIT OF MEDICAL A N D DENTAL COLLEGE LABORATORIES BUILDING

The President of the University reported that the 59th General Assembly, firs* special session, has passed an act conveying and transferring to the Board of Trustees of the University of Illinois the land on which the second unit of the Medical and Dental College Laboratories Building is being erected, and this Act is now in effect. It provides that after the payment of any Federal funds loaned for the construction of this building the land shall revert to the State. This report was received for record, and a certified copy of the Act was filed with the Secretary of the Board.

AN A C T CONVEYING CERTAIN REAL PROPERTY LOCATED IN THE C I T Y OF CHICAGO, ILLINOIS, TO THE BOARD OF TRUSTEES OF T H E UNIVERSITY OF ILLINOIS.

Be it enacted by the People of the State of Illinois, represented in the General Assembly: Section 1. T h e State of Illinois hereby conveys and transfers in fee simple to the Board of Trustees of the University of Illinois the following described real property located in the City of Chicago, Illinois, to-wit: T h a t part of Lot 3 in Subdivision (by Codwise and others) of the West half of the Southeast quarter of Section 18, Township 39 North, Range 14 East of the 3rd Principal Meridian (except I chain and 37 links along the west side) described as follows:—Beginning at the southwest corner of S. Wood Street and W. Polk Street, and running thence west along the south line of said W. Polk Street a distance of 193-69 feet; thence south parallel to the west line of said S. Wood Street a distance of 152 feet; thence east parallel to the south line of said W. Polk Street a distance of 85.69 feet; thence south parallel to the west line of said S. Wood Street a distance of 18.60 feet; thence east parallel to the south line of said W. Polk Street a distance of 108 feet to the west line of said S. Wood Street; and thence north along the west line of said S. Wood Street a distance of 170.60 feet to the point of beginning; in the city of Chicago, Cook County, Illinois. Section 2. The conveyance herein described is for the purpose of securing the approval of the United States Government to an application for a grant or loan of Federal funds made by the Board of Trustees of the University of Illinois for the construction of a Medical and Dental Unit thereon: Provided, however, that the conveyance herein made shall be void and the title to said property shall revert to the State of Illinois if such conveyance is not necessary to the approval of the application for a grant or loan of federal funds, or if within one year from the effective date of this Act no such grant or loan is made; and, provided further, that after the repayment of any federal funds loaned the title to said lands shall revert to the State of Illinois. Section 3. Whereas, the Board of Trustees of the University of Illinois has made application for a grant or loan of f e d e r a l funds for the construction of a Medical and Dental Unit; and, whereas, in order to consummate such grant or loan it is believed to be necessary that title to the real estate upon which such project is to be constructed be in the Board of Trustees; and, whereas, the time limit for the making and approval of such applications will soon expire, which fact necessitates that this Act take effect immediately if this State is to take advantage of the benefits offered by the construction of this Medical and Dental Unit, therefore, an emergency exists and this Act shall take effect upon its passage.

Approved January 16, 1936 J O H N P. DEVINE

H E N R Y HORNER

Governor

Speaker,

House

of

Representatives of the Senate

THOMAS F . DONOVAN

President