Repository: UIHistories Project: Board of Trustees Minutes - 1986 [PAGE 508]

EXTRACTED TEXT FROM PAGE:

1986]

UNIVERSITY OF ILLINOIS

497

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. O n m o t i o n of M r . L o g a n , t h e f o r e g o i n g r e s o l u t i o n w a s a d o p t e d by t h e following v o t e : Aye, M r s . D a y , M r . F o r s y t h , M r s . G r a v e n h o r s t , M r . H a h n , M r . H o w a r d , M r . Logan, M r . M a d d e n , M r s . Shepherd, Miss S m i t h ; no, n o n e ; a b s e n t , G o v e r n o r T h o m p s o n . ( T h e s t u d e n t a d v i s o r y v o t e w a s : Aye, M r . Becker, M r . L a m m ; n o , n o n e . )

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. Lot 10 in Block 41 (having a street address commonly known as 403 North Mathews and 1302 West Clark) All of Lot 6 except the North 40 feet in Block 41 (having a street address commonly known as 1310 West Clark) Lot 7 and the West 2 feet of Lot 8, in Block 42 (having a street address commonly known as 1308-1310 West Main) Tract I : All of Lot 1 except the North 82 feet, in Block 42 and Tract I I : The North 82 feet of Lot 1 in Block 42 (having a street address commonly known as 305 North Mathews and 1301 West Clark) Lot 5 and the West 11 feet of Lot 4, all in Block 41 (having a street address commonly known as 406 North Romine) Lot 2 in Block 42 (having a street address commonly known at 1303 West Clark) Lot 3 in Block 42 (having a street address commonly known as 1305 West Clark) Lot 4 in Block 42 (having a street address commonly known as 1307 West Clark) The North Half of Lot 5 in Block 42 (having a street address commonly known as 308 North Romine) Lot 7 in Block 41 (having a street address commonly known as 1308 West Clark) Lots 8 and 9 in Block 41 (having a street address commonly known as 1304-1306 West Clark) 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)

Acquisition of Property, Urbana I

(2) On February 13, 1986, the Board of Trustees authorized the acquisition of two properties in the north-campus area of Urbana on which options had been obtained in the names of agents employed by the University. One of the options for the properties at 1301 West University Avenue and 405 North Mathews Avenue was authorized to be acquired at a cost of $95,000 when, in actuality, the agreement with the owner was at a cost of $100,000. The president of the University, with the concurrence of the appropriate administrative officers, recom-