Repository: UIHistories Project: Board of Trustees Minutes - 1988 [PAGE 429]

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1987]

UNIVERSITY OF ILLINOIS

419

only a few trustees attended the meeting (with administrators) prior to the board's formal consideration of the proposal and discussion of the elements of the proposal itself. It was noted that the meeting was held at the initiative of the Cook County Board; and that the elements of the draft proposal were compatible with an analysis presented by President Ikenberry to the board last spring. In any event, no commitments have been made and more information on this matter and more detailed background will be provided at subsequent meetings. The board will be fully involved prior to any University commitment. (2) A meeting of the Committee on Academic Affairs, at which time a presentation on the University's continuing education and public service programs was made; and (3) the quarterly meeting of the Finance and Audit Committee.] BOARD MEETING, THURSDAY, NOVEMBER 12,1987 The board reconvened in Room C, Illini Union, Chicago campus, on Thursday, November 12, 1987, beginning at 8:00 a.m. The members of the board (including Student Trustee Wylie), officers of the board, and officers of the University as recorded at the beginning of these minutes were present.

EXECUTIVE SESSION II

President Howard, referring to Section Two of the Open Meetings Act, stated: "A motion is now in order to hold an executive session to consider information regarding the appointment, employment, or dismissal of employees or officers, to discuss pending, probable, or imminent litagation, the acquisition of real property, and to discuss campus security." The motion was made by Mr. Forsyth and approved unanimously.

Real Estate Acquisition, 108 North Goodwin Avenue, Urbana

(1) O n May 8, 1986, the board approved the acquisition of properties within the approved boundary of the north campus if such properties could be acquired within appraisals received by the University. T h e owner of the property at 108 North Goodwin Avenue has recently indicated that she is willing to sell her property at a price of $58,000, which is $1,000 higher than the appraisal provided by Steve Whitsitt of Urbana who was jointly employed by the owner and the University in October 1987. Because the owner has other appraisals of $70,000 and $69,000, she has been reluctant to sell at the level established by the Whitsett appraisal. T h e University believes that the property could be acquired through condemnation; however, the cost of such legal action is likely to exceed the $1,000 difference between the asking price and the common appraisal. We therefore recommend that the board authorize acquisition of this property at a price of $58,000.

On motion of Mr. Forsyth, this recommendation was approved by the following vote: Aye, Mrs. Calder, Mr. Forsyth, Mrs. Gravenhorst, Mr. Hahn, Mr Howard, Mr. Logan, Mrs. Shepherd, Miss Smith, Mr. Wolff; no, none; absent, Governor Thompson. (The student advisory vote was: Aye, Mr. Evenson, Mr. Wylie; no, none.)