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Caption: Board of Trustees Minutes - 1986
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476 BOARD OF TRUSTEES [February 13 EXECUTIVE SESSION President Shepherd, 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 litigation, the acquisition of real property, and to discuss campus security." The motion was made by Mrs. Day and approved unanimously. By consensus, the board agreed that one roll call vote would be taken and considered die vote on each agenda item nos. 1 rnrough 4 inclusive. The recommendations were individually discussed but acted upon at one time. (The record of board action appears at die end of each item.) Acquisition of Land, Urbana (1) O n October 10, 1985, the Board of Trustees designated an area of 18.46 acres adjacent to the north boundaries of the Urbana campus for future acquisition and authorized the administration to obtain options within a 12.61-acre site for the Beckman Institute and other projects proposed for the campus. Options were obtained, in the names of agents employed by the University, to purchase six properties at a total acquisition cost of $504,000. With the completion of preliminary master planning, it is now desirable to acquire two of these properties' at a total cost of $161,500. Each of the options, which will expire in March, can be assigned to the University. The property is located within the approved site and is included for land acquisition as a result of preliminary master planning studies for the north campus. The president of the University, with the concurrence of the appropriate administrative officers, recommends that these properties be acquired at the indicated cost and that the agents be instructed to exercise each option and provide for its assignment to the University. Funds for this project are being provided from private gift funds through the University of Illinois Foundation and funds appropriated by the State of Illinois. Active negotiations are in process with all property owners in the two square block area bounded by Romine, University, Mathews, and Main and with other owners directly east of this area. Recommendations concerning three of the option properties will be presented to the Board of Trustees at the March 13, 1986, meeting. The campus is not recommending the acquisition of any of the option properties west of Illinois Field, which is consistent with the recommendation of the preliminary master planning studies. (Accordingly, an option to purchase the property at 203 South Wright Street, Champaign, will not be exercised.) On motion of Mr. Howard, this recommendation was approved by the following vote: Aye, Mrs. Day, Mr. Forsyth, Mrs. Gravenhorst, Mr. Hahn, Mr. Howard, Mr. Logan, Mr. Madden, Mrs. Shepherd, Miss Smidi; no, none; absent, Governor Thompson. (The student advisory vote was: Aye, Mr. Becker, Mr. Lamm; no, none.) Sale of Farmland in Shelby County, Illinois (Estate of Paul Wright Pogue) (2) Paul Wright Pogue died in 1963, leaving a will which provided: a life estate 1 1301 West University Avenue and 405 North Mathews Avenue, and 306 North Romine Street.
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