Repository: UIHistories Project: Board of Trustees Minutes - 1964 [PAGE 718]

EXTRACTED TEXT FROM PAGE:

1963]

UNIVERSITY OF ILLINOIS

673

this Board of Trustees considers fair and reasonable and which it finds constitutes the present market value of said land, but that said owner has refused to sell and convey said land, or any portion thereof, to said The Board of Trustees of the University of Illinois for such price and continues to refuse to sell and convey the same to it except for a consideration and price which _ this Board of Trustees deems unreasonable and excessive and is, therefore, unwilling and has refused to pay; and Be It, and It Is Hereby Further Resolved, Found, and Declared by this Board of Trustees of The Board of Trustees of the University of Illinois that the compensation to be paid by it for said land cannot be agreed upon between this Board of Trustees and the owners of said property and they and it are unable to agree upon the purchase price to be paid to said owners for the sale and conveyance of said land by said owners thereof to said The Board of Trustees of the University of Illinois; and Therefore, Be It, and It Is Hereby Further Resolved, Found, and Declared by this Board of Trustees of The Board of Trustees of the University of Illinois that because of said need of the University of Illinois for said land for the purposes hereinabove set forth and because the compensation to be paid to the owners thereof for such land cannot be agreed upon between them and this Board of Trustees, it is necessary for The Board of Trustees of the University of Illinois to take said land and acquire title thereto through the exercise by it of the right of eminent domain conferred upon it by law and to have the compensation to be paid by it to the owners thereof and any and all other persons who may have any right, title or interest in and to said land determined in the manner provided by law for the exercise of said right and power of eminent domain; and Be It, and It Is Hereby Further Resolved by this Board of Trustees of The Board of Trustees of the University of Illinois that the necessary and appropriate action be taken for the acquisition of title to said property by said The Board of Trustees of the University of Illinois and to have the compensation to be paid therefor determined by the institution and prosecution to completion of a proceeding in eminent domain in a court of competent jurisdiction and that the Legal Counsel of the University be, and he is hereby, authorized to proceed accordingly, to institute and prosecute an eminent domain proceeding in the name and on behalf of The Board of Trustees of the University of Illinois for the acquisition of said land and the determination of 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 Mr. Pogue, the foregoing resolution was authorized by the following vote: Aye, Mr. Clement, Mr. Dilliard, Mr. Johnston, Mr. Pogue, Mr. Swain, Mrs. Watkins, Mr. Williamson; no, none, absent, Mr. Hughes, Mr. Kerner, Mr. Page.

ACQUISITION O F P R O P E R T Y AT 1 2 0 6 W E S T O R E G O N S T R E E T . URBANA. ILLINOIS (6) University representatives have been negotiating for the purchase of the property at 1206 West Oregon Street, Urbana, a lot 57 feet by 157 feet (8,949 square feet) with a three-story and basement frame dwelling now used as an apartment and student rooms. The land is needed as part of the site for the new East Chemistry Building Addition. The owners were advised that a recommendation would be made to the Board of Trustees for the purchase of the property at a price of $36,000, based on University appraisals, but the offer is not acceptable and the asking price of $40,000 is in excess of the highest University appraisal. 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: