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Caption: Board of Trustees Minutes - 1980
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228 BOARD OF TRUSTEES [March 21 be for such period as the easement may be used for the above-described purposes, but upon the discontinuation of use of or abandonment of said easement area, said easement to thereupon cease and determine without necessity of reentry or demand; the rights and easement granted to be limited to the extent that this public corporation has the present right and capacity to grant the same. T h e right-ofway easement shall be over the following-described property: Situated in the State of Illinois, the County of Champaign, and being a part of the Southeast Quarter (SE !4) of Section Twenty-four (24), Township 19 North (T 19 N ) , Range Eight East (R 8 E) of the T h i r d Principal Meridian (3 PM) and being more fully described as follows: T h e South thirty-eight feet (38.0') of the East Three Hundred Sixty-Three feet (363.0') of the Northeast Quarter (NE '/*) of the Southeast Quarter (SE Vt) of said Section Twenty-four (24), containing 0.317 acres, more or less; of which not more than the West sixty feet (60') of the above-described property and the East eighty-five feet (85') of the West two hundred fifty feet (250') of the above-described property may be used for vehicular driveway easements and not more than the West ten feet (10') of the East sixty-five feet (65') of the above-described property may be used for a pedestrian walkway easement and the balance of said easement area shall be landscaped and maintained as hereinabove provided. The student advisory vote was: Aye, Miss Kooper, Mr. Sobotka, Mr. Watson; no, none. On motion of Mr. Howard, the foregoing resolution was adopted by the following vote: Aye, Dr. Donoghue, Mr. Forsyth, Mr. Hahn, Mr. Howard, Mr. Lenz, Mr. Neal, Mrs. Shepherd, Mr. Stone, Mr. Velasquez; no, none; absent, Governor Thompson. Report of Finance Committee on Treasurer's Bond (25) T h e Finance Committee reports that it has received from Robert R. Manchester, treasurer of the University of Illinois, a bond in the amount of $6,000,000 with the Continental Casualty Company as Surety. T h e bond has been approved by the appropriate University officers. The Finance Committee has accepted the bond and reports its receipt for record. This report was received for record. Purchases (26) T h e president submitted, with his concurrence, a list of purchases recommended by the directors of purchases and the vice president for administration. T h e list of purchases was presented in two categories: purchases from appropriated funds (i.e., from state appropriations to the University) and purchases from institutional funds. The latter term designates funds received by the University under contracts with the United States government,- private corporations, and other organizations; grants from foundations, corporations, and other donors; and University revolving funds authorized by law. T h e total amounts of these purchases were: From Appropriated Funds Recommended $151 492 98 From Institutional Funds Recommended 575 405 65 $726 898 63 Grand Total
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