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Caption: Board of Trustees Minutes - 1972
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308 BOARD OF TRUSTEES [May 19 ANNOUNCEMENTS Future Board Meetings President H u g h e s called attention to the schedule of regular meetings of the Board for the next t w o m o n t h s : J u n e 16, Urbana-Champaign, and July 2 1 , Urbana-Champaign. RECESS FOR MEETING O F T H E COMMITTEE ON BUILDINGS A N D GROUNDS T h e Board recessed to provide for a meeting of the Committee on Buildings and Grounds. EXECUTIVE SESSION W h e n the Board reconvened in Executive Session, the same members a n d officers of the Board and officers of the University were present as recorded at the beginning of these minutes, except Mr. Steger who asked to be excused. PURCHASE OF 9 0 5 SOUTH SIXTH STREET. CHAMPAIGN (28) The President of the University, with the concurrence of appropriate administrative officers, recommends that The Board of Trustees of the University of Illinois request the University of Illinois Foundation to purchase the property at 905 South Sixth Street, Champaign, at a price of $38,000, and lease this property to the University at a rental sufficient to enable the Foundation to pay the interest cost on the loan secured to finance the acquisition. The Foundation will hold title to the property until the University has funds for its acquisition. It is further recommended that authorization be given, subject to funds being made available in the operating budget of the Department of Plant and Services, to enter into a lease of the property with the Foundation for the period July 1, 1971 to June 30, 1972, with options for annual renewal thereafter during the term of the lease. Funds for rental costs until June 30, 1972, are included in the University's budget request for fiscal year 1971-72. Funds required after that date will be requested in the budget of the Department of Plant and Services on an annual basis. The property is located on Sixth Street between Daniel and Chalmers Streets. The property has dimensions of 57 feet by 49.3 feet (2,810.1 square feet) and is improved with a two story frame house containing student rooms. O n motion of M r . Grimes, these recommendations were approved by the following vote: Aye, M r . Forsyth, Mr. Grimes, Mr. H a h n , M r . H o w a r d , M r . Hughes, M r . Neal, M r . Pogue, M r . S w a i n ; no, n o n e ; absent, Dr. Bakalis, Governor Ogilvie, Mr. Steger. REPORT AND RECOMMENDATION, UNIVERSITY C O U N S E L (29) Mr. Costello reported that he had received from the Secretary of the Board of Trustees a third party complaint served upon the University in connection with the matter of the Environmental Protection Agency v. the City of Champaign in relation to the question of pollution of the Boneyard Creek. Mr. Costello requested authorization to take such steps as needed to defend the University's interest in this matter and to employ special counsel as required. O n motion of M r . Swain, the recommendation was approved. O n motion of M r . Grimes, the Board adjourned. E A R L W . PORTER EARL M. H U G H E S Secretary President
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