Repository: UIHistories Project: Board of Trustees Minutes - 1964 [PAGE 569]

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524

BOARD OF TRUSTEES

[ M a y 15

PURCHASE OF PROPERTIES (1) The Director of the Physical Plant and the Vice-President and Comptroller recommend purchase of the following properties for the purposes and at the prices indicated: 1114 West Oregon Street, Urbana, for temporary housing $34 000 A two-story and basement frame dwelling on a lot 65 feet by 157 feet; possession will be delivered by June 15, 1963. 909-909VS South Fifth Street, Champaign, as part of the site for a residence hall for single graduate students 37 500 A three-story and basement frame house on a lot 57 feet by 140 feet; possession will be delivered by July 1, 1963. Funds are available in the state capital appropriations to the University from the 1961-63 Bond Issue and have been released. The prices are consistent with appraisals secured by the University and with the recommendations for the acquisition of these properties which have previously been submitted to and concurred in by the Committee on Buildings and Grounds. The Board of Trustees on March 20, 1963, authorized condemnation proceedings for acquisition of the property at 909-909Vi South Fifth Street, Champaign. However, through subsequent negotiations, the price indicated has been agreed upon, which is within the limit authorized by the Committee on Buildings and Grounds. This price also appears to be the lowest price for which the property can be acquired without condemnation proceedings. I recommend authorization of these purchases, and further recommend that the Board rescind its resolution of March 20, 1963, with respect to condemnation proceedings for acquisition of the property at 909-9091/$ South Fifth Street, Champaign.

On motion of Mr. Pogue, the purchase of these properties, at the prices recommended, was authorized by the following vote: Aye, Mr. Clement, Mr. Dilliard, Mr. Hughes, Mr. Pogue, Mr. Swain, Mrs. Watkins, Mr. Williamson; no, none; absent, Mr. Johnston, Mr. Kerner, Mr. Page.

ACQUISITION OF PROPERTY AT 1 3 0 6 WEST STOUGHTON STREET, URBANA. ILLINOIS (2) University representatives have been negotiating for the purchase of the property at 1306 West Stoughton Street, Urbana, Illinois. The property is a lot 44 feet by 132 feet (5,808 square feet) with a two-story and basement frame building now used as an apartment by the owner and for student rooms. The land is needed as part of the site for College of Engineering buildings, and specifically for the new Civil Engineering Building. On the basis of University appraisals, the owners have been advised that a recommendation would be made to the Board of Trustees for the purchase of the property at a price of $22,000, but the offer is not acceptable and the asking price remains substantially in excess of the highest University appraisal. Accordingly, the Director of the Physical Plant and the Vice-President and Comptroller recommend that the Board of Trustees authorize condemnation proceedings for the acquisition of the property. Funds are available in the state capital appropriations to the University for 1961-63 from the Universities Building Fund and have been released. I concur and recommend adoption of the following resolution: Resolution Authorizing Condemnation of Property At 1306 W e s t Stoughton Street, Urbana, Illinois Be It, and It Is Hereby Resolved, Found, and Declared by this Board of Trustees of 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 followingdescribed real estate situated in the County of Champaign, in the State of Illinois, to-wit: T h e West Forty-four (44) feet of Lot Nine (9) in Block Fifty-one (51) of the Seminary Addition to Urbana, and all of Lot Nine (9) except the East