Repository: UIHistories Project: Board of Trustees Minutes - 1964 [PAGE 1281]

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1236

BOARD OF TRUSTEES

owned by the same party. The jury trial for the condemnation of the property at 605 East Daniel Street (Case No. 61-L-175) was set for May 11, 1964; the trial for the acquisition at 603 East Daniel Street (Case No. 63-L-429) had been tentatively scheduled for the week of May 18, 1964. Immediately prior to selection of the jury for the trial on the 605 East Daniel Street property, the owner indicated willingness to settle both cases for a total award of $193,000, for the two properties on the following basis: For the property at 605 East Daniel Street, formerly the Cosmopolitan Club property: 1. The value will be fixed at $60,000, payable on possession, which will be delivered to the University on or before July 10, 1964. 2. The owner will remove all improvements prior to the specified possession date. 3. The University will afford access for the owner's vehicles over this lot to the rear of the adjoining property at 603 East Daniel Street until the specified possession date of said adjoining property. 4. The University will reserve three parking spaces on this lot to accommodate the vehicles of the owner used in his business until the specified possession date of the adjoining property, but the University will not be responsible for enforcing observance of the reservation of these spaces. For the property at 603 East Daniel Street, known as "The Thunderbird": 1. The value will be fixed at $133,000, payable on possession, which will be delivered to the University on or before June 30, 1965. 2. The owner will remove all improvements prior to the specified possession date. Funds are available in state capital appropriations to the University for 196365 from the Universities Building Fund. The Director of the Physical Plant, the Vice-President and Comptroller, and the Legal Counsel recommend approval of the proposed settlement and I concur. On motion of Mr. Pogue, the settlement proposed was accepted, and the purchase of the two properties, at the prices indicated, was authorized by the following vote: Aye, Mr. Clement, Mr. Dilliard, Mr. Hughes, Mr. Jones, Mr. Pogue, Mr. Swain, Mrs. Watkins; no, none; absent, Mr. Johnston, Mr. Kerner, Mr. Page, Mr. Williamson. PURCHASE OF PROPERTY AT 509 EAST JOHN STREET, CHAMPAIGN (4) The Director of the Physical Plant and the Vice-President and Comptroller recommend that the Board of Trustees request the Illinois Building Authority to purchase for the University the property at 509 East John Street, Champaign, at a price of $53,500 — in accordance with the provisions of the Illinois Building Authority Act. The property consists of a lot approximately 58 feet wide by 168.75 feet deep (9,788 square feet) and is improved with a two and one-half story and basement frame rooming house. The land area will be used for parking. Possession will be delivered not later than August 10, 1964. The price is within appraisals. The Committee on Buildings and Grounds has been consulted and also recommends the purchase. I concur. On motion of Mr. Swain, this recommendation was approved by the following vote: Aye, Mr. Clement, Mr. Dilliard, Mr. Hughes, Mr. Jones, Mr. Pogue, Mr. Swain, Mrs. Watkins; no, none; absent, Mr. Johnston, Mr. Kerner, Mr. Page, Mr. Williamson. On motion of Mrs. Watkins, the Board adjourned.

A. J. JANATA

HOWARD W.

CLEMENT

Secretary

President