Repository: UIHistories Project: Board of Trustees Minutes - 1984 [PAGE 326]

EXTRACTED TEXT FROM PAGE:

1983]

UNIVERSITY OF ILLINOIS

317

of 3,165 net square feet of space at Carle Foundation Hospital and 1,758 net square feet in the Foundation's building at 710 West Park Street, Urbana, beginning August 1, 1983,' at a monthly rental of $4,166. Funds have been included in the appropriation bill of the General Assembly to meet the ordinary and contingent expenses of the University for Fiscal Year 1984 and will be included in the operating budget authorization requests for FY 1984 to be submitted to the Board of Trustees. Currently, the University is leasing 4,049 square feet in the building at 710 West Park Street for the medical education program of the College of Medicine at Urbana-Champaign. The lessor is completing construction of a new hospital building which is connected to the existing hospital and clinic complex. T h e proposed lease agreement includes 2,715 square feet of space in the new building, which is being specifically constructed for offices and classrooms for the college's program, the use of approximately 500 square feet of bedroom space for students in an existing hospital building, and the retention of 1,758 square feet of laboratory and office space in the building at 710 West Park Street. O n m o t i o n of M r s . D a y , this r e c o m m e n d a t i o n w a s a p p r o v e d by t h e following v o t e : Aye, M r s . D a y , D r . D o n o g h u e , M r . F o r s y t h , M r . H a h n , M r . H o w a r d , M r . M a d d e n , M r s . Shepherd, M r . Stone; no, n o n e ; absent, Mr. Logan, Governor Thompson. ( 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 . B o l e n , M r . M i l k i n t ; n o , none.) Granting of Easement at the Psychology Building, Urbana (37) T h e owner of the property at 608 East Chalmers Street, Champaign, now is completing construction of a multistory apartment building at that location. The property abuts the site of the Psychology Building at its east and south boundaries. During construction of a retaining wall for the apartment building's lower-level parking, the owner encroached on University land along approximately 30 feet of the east side of the Psychology Building's concrete foundation wall (eight square feet in all). Construction was virtually completed before the encroachment was known. The owner has asked that the University grant a permanent easement for this area. In return, the owner will provide proper surface drainage, construct and maintain concrete curbing, cement plaster coat and calk the exposed Psychology Building wall, and hold the University harmless from liability in the easement area. 1 he president of the University, with the concurrence of the appropriate administrative officers, recommends adoption of the following resolution granting the easement on University land in accordance with the agreement described. Resolution Granting Easement Along East Side of Psychology Building at South Sixth Street and East Daniel Street, Champaign, Illinois Be It and It Hereby Is Resolved by T h e Board of Trustees of the University of Illinois, a public corporation of the State of Illinois, that the Comptroller and Secretary of this Corporation be, and they hereby are, authorized to execute, acknowledge, and deliver in the name and on behalf of this Corporation such instruments of conveyance, contract or other document or documents as to them may seem necessary or desirable in order to grant to Busey First National Bank, a national banking association, as Trustee under the provisions of a Trust Agreement dated the 24th day of September, 1982, of the real estate described as follows:

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The lease wculd begin August 1 or as soon thereafter as the new hospital wing is completed.