Repository: UIHistories Project: Board of Trustees Minutes - 1960 [PAGE 1327]

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BOARD OF TRUSTEES

[June 14

Upon an easement comprising a strip of land 10.0 feet in width, the center line of which is described as follows: Commencing at a point 255.0 feet west of the center line of Race Street and 540.0 feet north of the center line of George Huff Drive extended west; thence easterly a distance of 225.0 feet to the west property line of Race Street; said point being 540.0 feet north of George Huff Drive extended west. Resolution Authorizing Granting, of E a s e m e n t to Illinois Bell Telephone Company Over Property at 201 W e s t Pennsylvania Avenue, Urbana, Illinois Be It, and It Hereby Is Resolved by this Board of Trustees of T H E BOARD

OF TRUSTEES OF THE UNIVERSITY OF ILLINOIS, a public corporation of the State of

Illinois, that the Comptroller and the Secretary of this Board of Trustees 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 ILLINOIS BELL TELEPHONE COMPANY, an Illinois corporation, hereinafter

referred to as "Grantee," its successors and assigns, the right and easement to lay, operate, and maintain a communications cable for the transmission of telephonic signals under and through the land hereinafter described and the right of ingress to and egress therefrom. Grantee shall agree to repair any damage to property of this Corporation and to pay for any damages which may be caused to properties of this Corporation by the laying, construction, reconstruction, operation, maintenance, renewal, or removal of said cable. T h e right-of-way easement shall terminate ninety (00) days after the Grantee ceases to use said transmission line for rendition of service. T h e right-of-way easement shall be over the followingdescribed property: A strip of land having a maximum width of five (5) feet, the boundary of which is described as follows: Situated in the State of Illinois, the County of Champaign, the City of Urbana, and being a part of the S W XA of Section 17, Township 19 North and Range 9 East of the Third Principal Meridian, and being also a part of Lot 1 of Block 1 of Hubbard Terrace, a Subdivision in Urbana, Illinois, as recorded in Plat Book D, Page 3 of the records of said County, and heinji more fully bounded and described as follows: Beginning at the Southeast corner of said Lot 1; thence Northerly along the West property line of Race Street in the City of Urbana, a distance of 5.0 feet to a corner; thence Westerly along a line parallel to the South line of said Lot 1, a distance of 35.0 feet to a corner; thence Southerly along a line parallel to the West property line of Race Street, a distance of 2.0 feet to a corner; thence Westerly along a line parallel to the South line of said Lot 1, a distance of 22.49 feet to a corner in the West line of said Lot 1; thence Southerly along the West line of said Lot 1, a distance of 3.0 feet to the Southwest corner of said Lot 1; thence along the South line of said Lot 1, a distance of 5744 feet to the place of beginning.

On motion of Mr. Clement, the foregoing resolutions were adopted.

GIFTS OF MR. A N D MRS. HERMAN C. KRANNERT (22) Mr. and Mrs. Herman C. Krannert of Indianapolis, whose generosity has made possible the Krannert A r t Museum, have made an additional grant of $62,000 from the Krannert Foundation to the University of Illinois Foundation to be used in the construction of the Museum. This brings the total grant from the Krannert Foundation for this project to $300,000. Mrs. Krannert has given securities to the University amounting to $71,0.23.01 for the purchase of the painting, "Christ After the Flagellation," by Murillo. This will be a very important acquisition and will enhance the standard and character of the University's entire art collection. T h e painting has been purchased at a cost of $68,000, Mrs. Krannert has requested that the remainder of the grant be added to the fund for the construction of the Museum. I have written Mr. and Mrs. Krannert an appropriate acknowledgment of the gifts on behalf of the University and the Foundation.

This report was received for record.