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Caption: Board of Trustees Minutes - 1968
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1968] UNIVERSITY OF I L L I N O I S 851 Hughes, M r . Jones, Mr. Page, Mr. Pogue, Mr. Swain, M r . Williamson; no, n o n e ; absent, Governor Kerner, Dr. Weatherly. PURCHASE OF 1 2 0 8 WEST CALIFORNIA AVENUE, URBANA (33) The President of the University recommends that The Board of Trustees of the University of Illinois request the University of Illinois Foundation to purchase the property at 1208 West California Avenue, Urbana, at a price of $100,000 and lease the 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 consists of an irregular shaped lot 79 feet by 120 feet plus 48 feet by 60 feet (12,360 square feet), and is improved with a three-story brick apartment building. O n motion of M r . Williamson, this recommendation was approved by the following vote: Aye, Mr. Clement, Mr. Grimes, Mr. Hahn, Mr. Hughes, Mr. Jones, M r . Page, Mr. Pogue, Mr. Swain, M r . Williamson; no, none; absent, Governor Kerner, Dr. Weatherly. PURCHASE OF 3 0 1 SOUTH WRIGHT STREET. CHAMPAIGN (34) The President of the University recommends that The Board of Trustees of the University of Illinois request the University of Illinois Foundation to purchase the property at 301 South Wright Street, Champaign, at a price of $21,500 and lease the property to the University at a rental sufficient to enable the Foundation to pay the interest costs on the loan secured to finance acquisition of this property. The property consists of a lot with dimensions of 66 feet by 66 feet (4,356 square feet), and is improved with a two-story frame dwelling that is currently being used as a rental property. On motion of Mr. Hughes, this recommendation was approved by the following vote: Aye, Mr. Clement, Mr. Grimes, Mr. Hahn, Mr. Hughes, Mr. Jones, Mr. Page, Mr. Pogue, Mr. Swain, Mr. Williamson; no, none ; absent, Governor Kerner, Dr. Weatherly. PURCHASE OF 6 0 5 EAST WHITE STREET, CHAMPAIGN (35) The President of the University recommends that The Board of Trustees of the University of Illinois request the University of Illinois Foundation to purchase the property at 605 East White Street, Champaign, at a price of $21,800 and lease the property to the University at a rental sufficient to enable the Foundation to pay the interest costs on the loan secured to finance acquisition of this property. The property consists of a lot 66 feet by 132 feet (8,712 square feet), and is improved with a one-story frame dwelling that is currently occupied by the owner. O n motion of Mr. Grimes, this recommendation was approved by the following vote: Aye, Mr. Clement, Mr. Grimes, Mr. Hahn, Mr. Hughes, Mr. Jones, M r . Page, Mr. Pogue, M r . Swain, Mr. Williamson; no, none; absent, Governor Kerner, Dr. Weatherly. T h e r e being no further business, on motion of Mr. Grimes, the Board adjourned. E A R L W . PORTER TIMOTHY W. SWAIN Secretary President LUNCHEON PROGRAM Guests of the Board at lunch were members of the Educational Committee of the Legislative Commission to Visit and E x a m i n e State Institutions; M r s . Frances B. Watkins and Mr. Irving Dilliard, former members of the Board of Trustees; and wives of the Trustees.
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