Repository: UIHistories Project: Board of Trustees Minutes - 1968 [PAGE 123]

EXTRACTED TEXT FROM PAGE:

1966]

UNIVERSITY OF ILLINOIS

71

the compensation to be paid by it therefor, and to employ such special legal counsel, appraisers, and others as he may deem necessary or desirable to assist him in the institution and prosecution of said proceeding. On motion of M r . Williamson, the foregoing resolution was adopted by the following vote: Aye, M r . Clement, Mr. Dilliard, M r . H u g h e s , M r . Johnston, M r . Jones, M r . Pogue, M r s . Watkins, Mr. Williamson; no, none; absent, Governor Kerner, M r . Page, Mr. Swain.

REQUEST TO THE ILLINOIS BUILDING AUTHORITY TO PURCHASE PROPERTY AT 1 3 0 2 WEST MAIN STREET. URBANA

(49) The Board of Trustees has authorized a request to the Illinois Building Authority to acquire by condemnation proceedings the property at 1302 West Main Street, Urbana, Illinois, needed as part of the site for the Civil Engineering Building, Phase II. Subsequent negotiations with the owners have resulted in agreement to a price of $25,825, which is within appraisals. Accordingly, the Director of the Physical Plant and the Vice-President and Comptroller recommend that the Illinois Building Authority be requested to purchase the property at this price. I concur and recommend adoption of the following resolution. Resolution Requesting Acquisition of Property at 1302 West Main Street, Urbana, Illinois, by Illinois Building Authority Be It, and It Hereby Is, Resolved by The Board of Trustees of the University of Illinois, a public corporation of the State of Illinois, that the Illinois Building Authority, a body corporate and politic of the State of Illinois, duly organized and existing pursuant to "An Act to Create the Illinois Building Authority and to define its powers and duties" approved August 15, 1961, as amended, be, and hereby is requested to acquire for this public corporation in accordance with the Illinois Building Authority Act, the property at 1302 West Main Street, Urbana, Illinois described as follows: Lot Ten (10) in Block Forty-two (42) in the Seminary Addition to Urbana, situated in the City of Urbana in the County of Champaign, and State of Illinois at a purchase price of Twenty-five Thousand Eight Hundred and Twenty-five Dollars ($25,825.00) and with title to be conveyed and possession delivered to the Illinois Building Authority not later than January 1, 1967. Be It, and It Hereby Is Further Resolved that the Comptroller and Secretary of this public corporation be, and they hereby are, authorized and directed, to execute in the name of, and on behalf of, this public corporation such lease agreement or other document or documents, and to secure and submit appraisals and such other documentation, as they may deem to be necessary or desirable in order to effectuate such conveyance of title to the Illinois Building Authority and to secure to this public corporation the beneficial use of said property. O n motion of M r . Johnston, this recommendation was approved, and the foregoing resolution was adopted, by the following vote: Aye, Mr. Clement, M r . Dilliard, Mr. Hughes, M r . Johnston, Mr. Jones, Mr. Pogue, M r s . W a t k i n s , M r . Williamson; no, none; absent, Governor Kerner, Mr. Page, Mr. Swain. O n motion of M r . Johnston, the Board adjourned.

A. J. J A N A T A HOWARD W. CLEMENT

Secretary

President

BOARD COMMITTEE MEETINGS W o r k sessions of the Committees on General Policy, Buildings and Grounds, and Finance were held in the afternoon, following adjournment of the Board.