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Caption: Board of Trustees Minutes - 1956
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914 BOARD OF TRUSTEES MINUTES APPROVED [January 28 The Secretary presented the minutes of the meetings of the Board of Trustees of September 23, October 18, and November 23, 1955, press proof copies of which have previously been sent to the members of the Board. On motion of Mr. Johnston, these minutes were approved as printed on pages 765 to 883, inclusive. EXECUTIVE SESSION An executive session was requested, and ordered, for consideration of the following item of business. REPORT O F COMMITTEE O N BUILDINGS AND GROUNDS O N ACQUISITION O F LAND IN CHAMPAIGN The University has the opportunity to purchase two parcels of property near the campus, one at 1003 South Sixth Street and the other at 507 East Chalmers Street, Champaign, Illinois. Both properties are in a block in which the University already owns land. These are desirable acquisitions as part of the University's long-range development program. The property at 1003 South Sixth Street is a lot 74J4 feet by 198 feet (14,702 square feet) and has on it a one and one-half story frame house with detached frame garage. It is offered at a price of $36,755. The present owner anticipates construction of substantial permanent improvements on this site, if he does not sell. The property at 507 East Chalmers Street is a lot 60 feet by 7 4 ^ feet (4,455 square feet) and has on it a two and one-half story stucco and frame house with a detached frame garage. It is offered at a price of $28,275. The house on this property is now used as a student rooming house and provides housing for twenty students in addition to living quarters for the owner. It is in a good state of repair. The Director of the Physical Plant and the Comptroller recommend the acquisition of these properties, and the President of the University concurs. The Committee on Buildings and Grounds recommends that these properties be purchased and that an appropriation of $65,500 be made from the General Reserve Fund for the acquisition of the properties and miscellaneous expenses incurred in the negotiations and closing of the sale. O n motion of M r . Johnston, the purchase of these properties at the prices indicated w a s authorized, a n d an appropriation of $65,500 was made from t h e General Reserve F u n d for this purpose. T h e Comptroller a n d Secretary of the Board were authorized to execute the necessary documents. These actions were taken by the following vote: Aye, M r . Herrick, M r s . Holt, M r . Johnston, M r . Megran, M r . Nickell, M r . Swain, M r s . W a t k i n s , M r . Williamson; no, none; absent, M r . Bissell, M r . Livingston, M r . Stratton. BUSINESS PRESENTED BY T H E PRESIDENT O F T H E UNIVERSITY The executive session having been concluded, the Board convened for its regular meeting and took up consideration of the following reports and recommendations from the President of the University. AWARD OF CERTIFIED PUBLIC ACCOUNTANT CERTIFICATES (1) The Committee on Accountancy recommends that the certificate of Certified Public Accountant be awarded, under Section 5 of the Accountancy Act of 1943, to the following candidates who have presented evidence that they are holders of valid and unrevoked Certified Public Accountant certificates obtained by passing a standard written examination in another state or territory of the United States and who qualify in all other respects under this provision of the law:
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