Repository: UIHistories Project: Board of Trustees Minutes - 1960 [PAGE 1137]

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1134

BOARD OF TRUSTEES

[December 16

WEINMANN, JOSEPH P., Professor of Oral Pathology, Head of the Division, and Lecturer of Postgraduate Studies (Dentistry), and Professor of Pathology (Medicine) — leave of absence on account of illness covering the forty-day period of disability prior to the beginning of the current academic year.

CANCELLATION OF SABBATICAL LEAVE OF ABSENCE

MCCLURE, LESLIE, Professor of Advertising — sabbatical leave of absence for the second semester of the academic year 1959-60 cancelled, without prejudice. JANUARY A N D FEBRUARY MEETINGS

The Board had previously voted to hold its January meeting at the Chicago Professional Colleges on Wednesday, January 20, i960. It was the consensus of the Board that this meeting and the meetings of Board committees begin at 9:00 a.m. On motion of Mrs. Watkins, the Board voted to hold its February meeting in Urbana, Illinois, on February 24, i960, beginning at

10:00 a.m.

President Williamson called attention to the provisions in the ByLaws that the Board of Trustees shall hold the annual meeting on the second Tuesday of March, unless the date of the meeting be changed by the Board. The By-Laws of the Board of Trustees provide that "all meetings of the Board shall be held at the University at Urbana unless otherwise ordered by vote of the Board or by the President thereof. The members of the Board shall be notified by mail not later than five days previous to any meeting." President Williamson suggested that since the February meeting will be held so late in the month, the Board may wish to consider changing the date of the annual meeting from March 8, the second Tuesday, to a later date. Action on this was deferred. EXECUTIVE SESSION At this point, an executive session was requested, and on motion of Mrs. Watkins was so ordered, for consideration of the following business relating to property acquisitions.

PURCHASE OF PROPERTY AT 6 0 5 EAST DANIEL STREET (19) The University's land acquisition program for the next ten years includes the property of the Cosmopolitan Club at 605 East Daniel Street, Champaign, as well as certain other adjacent properties. This consists of a lot 54 by 173 feet and a three-story and basement fourteen-room frame building which for many years has served as a home for student organizations. The Cosmopolitan Club has offered to sell this property to the University. While there is a difference between the price asked and the evaluation placed on the property by the University, it can probably be resolved through negotiations. The Committee on Buildings and Grounds has voted to recommend acquisition of the property. The Director of the Physical Plant and the Vice-President and Comptroller recommend that the Board of Trustees authorize securing an option for a consideration of $1,000 for purchase of this property at a price not to exceed $48,000, the option to run to July 31, i960, with the provision that the option price will be part of the agreed purchase price if the option is exercised. Securing an option will allow University officials time to continue price negotiations and will prevent further commercial development in the area. I concur and recommend an assignment of $1,000 from the General Reserve Fund for the purchase of this option.

On motion of Mr. Swain, this recommendation was approved, and the assignment of funds was made by the following vote: Aye, Mr. Harewood, Mr. Herrick, Mr. Hughes, Mr. Johnston, Mr. Swain, Mrs.