Repository: UIHistories Project: Board of Trustees Minutes - 1988 [PAGE 58]

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48

BOARD O F TRUSTEES

[September 11

Be It, and It Hereby Is Further Resolved, Found, and Declared that the vice president for business and finance or his designee of the University of Illinois is authorized to acquire the described real estate and continue negotiations and acquisition for and on behalf of the University of Illinois with the owner (s) of the real estate described in Exhibit A for the purchase thereof by the University. Be It, and It Hereby Is Further Resolved, Found, and Declared that in the event the vice president for business and finance or his designee is unable to agree with the owner (s) of said real estate as to the compensation to be paid therefore, then the university counsel is authorized to institute condemnation proceedings for the benefit of the University of Illinois for the acquisition of said real property for the educational and other purposes hereinabove described; the university counsel is authorized to institute said proceedings at the cost and expense of the University of Illinois; to engage special legal counsel(s) to institute condemnation proceedings in the name of the Board of Trustees of the University of Illinois for the purpose of acquiring title to and possession of said real estate in accordance with the eminent domain laws of the State of Illinois. Be It, and It Hereby Is Further Resolved, Found, and Declared that this Resolution shall take effect and be in full force from and after its passage.

Exhibit A

The following properties are covered by the preceding resolution. All properties are located in Seminary Addition to Urbana, situated in the City of Urbana, in Champaign County, Illinois. The North Half of Lot 5 in Block 42 (having a street address commonly known as 308 North Romine) Lot 3 in Block 42 (having a street address commonly known as 1305 West Clark) Lot 10 in Block 41 (having a street address commonly known as 403 North Mathews and 1302 Clark Streets) Tract I: All of Lot 1 except the North 82 feet in Block 42 and Tract II: The North 82 feet of Lot 1 (having a street address commonly known as 305 North Mathews and 1301 West Clark Streets) Lot 7 and the West 2 feet of Lot 8 in Block 42 (having a street address commonly known as 1308-13-10 West Main) Lots 2 and 3 and the East 55 feet of Lot 4 all in Block 41 (having a street address commonly known as 1303-1309 West University) Exhibit B Construction Schedule Project Beckman Institute Microelectronics Center—Phase 1 Central Utilities Facility Timetable for Start of Construction November 1, 1986 March 1, 1987 March 1, 1987

Authorization to Acquire Properties by Settlement of Condemnation Proceedings, Urbana (2) On March 13, 1986, the Board of Trustees authorized the acquisition of twelve properties through purchase or condemnation which are needed for the Beckman Institute and other related projects in the north campus