Repository: UIHistories Project: Board of Trustees Minutes - 1968 [PAGE 119]

EXTRACTED TEXT FROM PAGE:

1966]

UNIVERSITY OF ILLINOIS

67

frame dwelling converted to a Sunday School building. This property is in the area of future expansion east of the Krannert Center for the Performing Arts. I concur.

On motion of Mr. Williamson, this recommendation was approved by the following vote: Aye, Mr. Clement, Mr. Dilliard, Mr. Hughes, Mr. Johnston, Mr. Jones, Mr. Pogue, Mrs. Watkins, Mr. Williamson; no, none; absent, Governor Kerner, Mr. Page, Mr. Swain.

ACQUISITION O F PROPERTY AT 4 0 7 EAST DANIEL STREET, CHAMPAIGN (45) T h e University has been negotiating with the owners of the property at 407 East Daniel Street, Champaign, required as a parking area for Stuart P r a t t Sherman Hall at Fifth and Chalmers Streets. The owners have been advised that a recommendation would be submitted to the Board of Trustees for the purchase of their property at a price of $55,000 based on University appraisals, but this price is not acceptable to them. Accordingly, the Director of the Physical Plant and the Vice-President and Comptroller recommend authorization of acquisition of the property at 407 East Daniel Street, Champaign, through condemnation proceedings; and they further request authorization of settlement of the condemnation suit if such settlement can be agreed upon at a price that is within the appraisals received by the University. Funds are available in the proceeds from the sale of revenue bonds to finance construction of this residence hall for graduate students. I concur and recommend adoption of the following resolution. Resolution Authorizing Condemnation of Property Located at 407 East Daniel Street, Champaign, Illinois Be It, and It Hereby Is Resolved, Found and Declared by The Board of Trustees of the University of Illinois, a body corporate and politic and a public corporation of the State of Illinois, that the following described real estate situated in the County of Champaign, in the State of Illinois, to-wit: Lot Three (3) in Block Three (3) of A. T. Hall's Replat of Lots 5, 6, 7 and 8 in Block 1; Lots 5, 6, 7, and 8 in Block 2 and Lots 1, 2, 3, 5, 6, and 7 and 8 in Block 3 of A. T. Hall's Addition to the City of Champaign, situated in the City of Champaign, in the County of Champaign, and State of Illinois; and The East 44.5 feet of Lot One (1) of a Replat of Lots 6, 7, 8 and 12 of Block 3, Replat of Lots 5, 6, 7, and 8 Block 1, Lots 5, 6, 7 and 8 of Block 2 and Lots 5, 6, 7 and 8 of Block 3, of A. T. Hall's Addition to the City of Champaign, situated in the City of Champaign, in the County of Champaign, and State of Illinois, is needed by the University of Illinois, an educational institution established and supported by the State of Illinois, for a vehicular parking area for students and staff members of the University of Illinois in the conduct of the educational functions of the University of Illinois and for other educational purposes conducted and to be conducted by said University of Illinois and for the further expansion of the educational facilities of said University of Illinois and to enable said University of Illinois to discharge its duty to the people of said State and for public use, that funds are available to the University for the purchase of said land for said educational purposes; that this Board of Trustees has negotiated with the owners of said land through their duly authorized representatives for the purchase of said land at a price which this Board of Trustees considers fair and reasonable and which it finds constitutes the present market value of said land, but that said owners have refused to sell and convey said land, or any portion thereof, to said The Board of Trustees of the University of Illinois for such price and continue to refuse to sell and convey the same to it except for a consideration and price which this Board of Trustees deems unreasonable and excessive and is, therefore, unwilling and has refused to pay; and Be It, and It Is Hereby Further Resolved, Found and Declared by The Board of Trustees of the University of Illinois that the compensation to be paid by it for said land cannot be agreed upon between this Board of Trustees and the owners of said property and they and it are unable to agree upon the purchase price to be paid