Repository: UIHistories Project: Board of Trustees Minutes - 1968 [PAGE 1091]

EXTRACTED TEXT FROM PAGE:

1968]

UNIVERSITY OF ILLINOIS

1039

of the Board, and officers of the University as recorded at the beginning of these minutes were present. The Board considered the following recommendations from the President of the University.

PURCHASE OF 1 1 0 8 WEST MAIN STREET, URBANA (35) 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 1108 West Main Street, Urbana, for the sum of $25,750 and lease this property to the University at a rental sufficient to enable the Foundation to pay the interest costs on the loan secured to finance its acquisition. This property is 66 feet by 132 feet (8712 square feet) and is improved with an older frame dwelling.

On motion of Mr. Hahn, this recommendation was approved by the following vote: Aye, Mr. Clement, Mr. Grimes, Mr. Hahn, Mr, Hughes, Mr. Jones, Mr. Swain, Mr. Williamson; no, none; absent, Governor Kerner, Mr. Page, Mr. Pogue, Dr. Weatherly.

LAND ACQUISITION, CHICAGO CIRCLE CAMPUS (36) The Buildings and Grounds Committee (May 16, 1967) approved the acquisition of approxiniately forty-one acres of land (bounded by Roosevelt Road, Halsted Street, 14th Place, and Morgan Street) for expansion of the Chicago Circle Campus, including a site for the Physical Education building, at a cost not to exceed $1.50 per square foot. Subsequently, the legislature appropriated $3,169,000 which is now available, subject to release by the Governor. The City has planned its acquisition of the forty-one-acre area in stages. In the first stage, the University will be allocated approximately fourteen acres (bounded by Roosevelt Road, Newberry Avenue, Maxwell Street, and Morgan Street). The re-use appraisals on the fourteen-acre area to be acquired by the University at this time range from $1.15 to $1.21 per square foot. Based on these appraisals it is recommended that authorization be given to submit an offer to the city of Chicago on the fourteen acres of land, cleared of all improvements, within the above range of appraisals and to execute a contract in a form approved by the Vice-President and Comptroller, the University Director of Physical Plant Planning and Construction, and the Legal Counsel, if the offer is accepted by the city.

On motion of Mr. Williamson, this recommendation was approved by the following vote: Aye, Mr. Clement, Mr. Grimes, Mr. Hahn, Mr. Hughes, Mr. Jones, Mr. Swain, Mr. Williamson; no, none; absent, Governor Kerner, Mr. Page, Mr. Pogue, Dr. Weatherly.

REPORTS ON PENDING LITIGATION AND PERSONNEL ITEMS

The President of the University then called on the Legal Counsel who presented a brief report on items of pending litigation. At the request of the President, Mr. Farber and Mr. Oscar Smith reported on pending contract negotiations with the storekeepers employed at the two Chicago campuses on the status of their absence from work and possible work stoppage. On motion of Mr. Hahn, the Board adjourned.

EARL W. PORTER

TIMOTHY W. SWAIN

Secretary

President