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Caption: Board of Trustees Minutes - 1972
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264 BOARD OF TRUSTEES amount of said award in accordance with the terms of said Judgment Order and lease said Lynch Property to this public corporation and under the terms of which lease this public corporation shall be granted an option to purchase said Lynch Property; and WHEREAS, it is contemplated that the University of Illinois Foundation at its meeting to be held on April 2, 1971, will authorize such payment to be made and such lease with option to be entered into upon title to said Lynch Property being conveyed by this public corporation to it. Now, Therefore, Be It, and It Hereby Is, Resolved by THE BOARD OF TRUSTEES OF T H E UNIVERSITY OF ILLINOIS, a public corporation of the State of Illinois, that upon payment of said award in accordance with the terms of said Judgment Order by the UNIVERSITY OF ILLINOIS FOUNDATION, that the Comptroller and Secretary of this public corporation be, and they hereby are, authorized and directed, to execute, acknowledge, and deliver, in the name, and in behalf of, this public corporation and under its Corporate Seal, a Warranty Deed, and such other documents in connection therewith as said Comptroller and Secretary may deem necessary or desirable in order to convey to UNIVERSITY OF ILLINOIS FOUNDATION title to the property hereinabove referred to as Lynch Property and described as follows, viz: Lots One (1) and Two (2) in Block One (1) of Assessor's Plat of Joseph Nelson's Addition to the Town of Urbana, being a part of the Northwest Quarter (NW \£) of the Northeast Quarter (NE U) of Section Eighteen (18) Township Nineteen (19) North, Range Nine (9) East of the Third Principal Meridian, per Plat recorded in Deed Record 22, page 137, in Champaign County, Illinois, situated in the City of Urbana, in the County of Champaign and State of Illinois. On motion of Mr. Swain, these recommendations were approved, and the foregoing resolution was adopted by the following vote: Aye, Mr. Forsyth, Mr. Grimes, Mr. Hahn, Mr. Howard, Mr. Hughes, Mr. Neal, Mr. Pogue, Mr. Swain; no, none; absent, Dr. Bakalis, Governor Ogilvie, Mr. Steger. On motion of Mr. Swain, the Board adjourned. EARL W. PORTER EARL M. HUGHES Secretary President
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