Repository: UIHistories Project: Board of Trustees Minutes - 1964 [PAGE 1137]

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1092

BOARD OF TRUSTEES

[February 19

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

SETTLEMENT OF C O N D E M N A T I O N SUIT FOR PROPERTY AT 1 3 0 6 WEST S T O U G H T O N STREET, URBANA (7) On May 15, 1963, the Board of Trustees authorized condemnation proceedings for the acquisition of the property at 1306 West Stoughton Street, Urbana, and a condemnation suit was subsequently filed in the Circuit Court of Champaign County (Case No. 63-L-323). Immediately prior to the selection of the jury, the owners indicated a willingness to accept $25,300 for the property, the same price previously approved by the Committee on Buildings and Grounds for acquisition by negotiation, and to deliver possession to the University on or before March 15, 1964. T h e Director of the Physical Plant, the Vice-President and Comptroller, and the Legal Counsel recommend acceptance of the settlement offer. Funds are available in the state capital appropriations to the University from the Universities Building Fund. I concur.

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

ACQUISITION OF T H E PROPERTY AT 1 3 0 6 WEST SPRINGFIELD A V E N U E , URBANA (8) T h e Board of Trustees has authorized condemnation proceedings for acquisition of the property at 1306 West Springfield Avenue, Urbana. T h e Legal Counsel on January 15, 1964, reported to the Committee on Buildings and Grounds the willingness of the trustee-owner to recommend to the beneficiaries of the trust that $42,500 be accepted for the property if this price were offered by the University. The Committee voted to reject the proposal and the owner was so advised. Condemnation proceedings were filed in the Circuit Court of Champaign County (Case No. 64-L-30). T h e trustee-owner now has formally submitted the same proposal as a compromise offer to settle the case without the necessity of completing the condemnation proceedings at a price of $42,500 subject to entering into a contract on or about the first of March, 1964, and the right to retain possion through June 30, 1964. This price is in excess of the amount previously approved by the Committee on Buildings and Grounds for acquisition by negotiation and is approximately $9,000 above the median appraisal received. The Director of the Physical Plant and the Vice-President and Comptroller recommend that this settlement offer be rejected and that acquisition by condemnation be completed. I concur. O n m o t i o n of M r . W i l l i a m s o n , t h e B o a r d v o t e d t o r e j e c t t h e settlem e n t offer. ADDITIONAL LAND FOR CONGRESS CIRCLE (9) T h e University's present contract with the city of Chicago, Department of Urban Renewal, for acquisition of land for the Congress Circle Campus does not include the block bounded by the Dan Ryan Expressway, Roosevelt Road, Halsted and Grenshaw Streets, although the City has included that area in its redevelopment plan. There are eleven parcels of property in this block, including the Central National Bank and the Twelfth Street Department Store. T h e entire block is available for acquisition and it is desirable that the University purchase the additional land now. As a result of negotiations with the Department of Urban Renewal, the City has agreed to sell to the University the entire block for $700,000 and to rare all