Repository: UIHistories Project: Board of Trustees Minutes - 1960 [PAGE 84]

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1958]

UNIVERSITY OF ILLINOIS

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a corporation that some of them have received their education at the University of Illinois. I recommend that the Board authorize depositing all such income in a special trust fund designated as "Educational Grants Funds," and that the President of the University be authorized to make assignments from this source for nonrecurring educational purposes.

On motion of Mr. Hughes, this recommendation was approved, and authority was given as requested, by the following vote: Aye, Mr. Bissell, Mr. Herrick, Mrs. Holt, Mr. Hughes, Mr. Johnston, Mr. Livingston, Mr. Nickell, Mr. Swain, Mrs. Watkins, Mr. Williamson; no, none; absent, Mr. Stratton.

PURCHASE O F AIR RIGHTS AT UNIVERSITY OF ILLINOIS AIRPORT (6) In accepting grants of funds from the Federal Civil Aeronautics Administration for the construction of the first unit of a terminal building and control tower at the University of Illinois Airport, the University agreed to try to acquire the property, or at least the air rights over the property, adjoining the north and south ends of the North-South Runway. As a result of the negotiations with owners of the property at the south end of the runway, Mr. Elmer Clifford Fisher has agreed to sell the rights over fifty-two acres of the property he owns for $1,783.46, or approximately $34.30 an acre. Mr. Walter C. Fisher, who owns approximately seven acres, has agreed to a price of $245, approximately the same per-acre price. Air rights in this recommendation means an agreement by the owner of the land that he will not permit any growth or construction in the area covered by the agreement which would obstruct the take-off or landing of aircraft at a predetermined glide angle of fifty to one or an elevation of one foot for each fifty feet of horizontal distance. The air space in which the easement and right-of-way will be granted by Mr. Elmer Clifford Fisher is that which lies above the following heights: Commencing at an elevation of ^^2.^() feet mean sea level along the north side of the following described parcels of land and increasing in elevation as an inclined plane at a ratio of 5 0 : 1 — o n e foot of elevation for each fifty (50) feet of horizontal distance — to an elevation of 799.05 feet mean sea level along the south side of the following described parcels of land: The South West Quarter ( S W J 4 ) of the South East Quarter ( S E J 4 ) of Section Ten (10), Township Eighteen North ( T 18 N ) , Range Eight East (R 8 E ) of the Third Principal Meridian (3rd P.M.) in the County of Champaign and State of Illinois; and The West ( W ) Four Hundred Ten (410) feet of the South East Quarter ( S E ^ ) of the South East Quarter ( S E J 4 ) of Section Ten (10), Township Eighteen North ( T 18 N ) , Range Eight East ( R 8 E ) of the Third Principal Meridian (3rd P.M.) in the County of Champaign, and State of Illinois. The south end of North-South Runway 36, University of Illinois Airport, is 749.05 feet mean sea level elevation, and therefore the aforesaid heights are 23.74 feet on the north side of the above described parcels of land to fifty (50) feet on the south side of the above described parcels of land higher than the south end of said runway. The air space in which the easement and right-of-way will be granted by Mr. Salter C. Fisher and Maude G. Fisher, his wife, is that which lies above the following heights: Commencing at an elevation of 749.05 feet mean sea level along the north side of the following described parcel of land and continuing at said elevation to a line two hundred (200) feet south of the south end of North-South Runway 36, University of Illinois Airport, and parallel to the north line of the following described parcel of land thence increasing in elevation as an inclined plane at a ratio of 50:1 — one foot of elevation for each fifty (50) feet of horizontal distance — to an elevation of 772.79 feet mean sea level along the south side of the following described parcel of land: The West Two Hundred Twenty (220) feet of the North East Quarter