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Caption: Board of Trustees Minutes - 1948
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514 BOARD OF TRUSTEES [August 5 Campus in the $20472,000 building program requested by the University for the biennium of 1947-1949. An appropriation of $750,000 was made by the 64th General Assembly for a veterinary building and equipment, but it was not possible to construct a building during the biennium of 1945-1947 and the appropriation was insufficient to construct a complete usable unit. This appropriation will lapse except for funds which have been expended for architectural services. It is necessary for the College of Veterinary Medicine to have some facilities for a research laboratory for its staff and for advanced students. I therefore recommend that the Board authorize the purchase of the property at 805 West Pennsylvania Avenue, Urbana, at a price of $57,500 for use as a temporary research laboratory by the College of Veterinary Medicine. This is a three-story and basement brick building on a lot 120 feet wide and 140 feet deep. The building was formerly a sorority house. In the basement are a large dining room, kitchen, chapter room, and a heating plant, with coal storage space. On the main floor are a living room, reception room, two bedrooms, and a bath. On the second floor are fourteen studies (or bedrooms), baths, showers, and toilets. On the third floor are five studies (or bedrooms) and a large dormitory or bedroom area. The house is equipped to accommodate about 40 students. The building is modern and in reasonably good condition and is unoccupied at the present time. It has been appraised by Mr. Newton C. Farr, Chicago Realtor, who reports that the price is substantially less than the replacement cost less depreciation based on age and condition, and he recommends its purchase. When a new veterinary building has been provided, the building at 805 West Pennsylvania Avenue can be used for student housing. In a preceding memorandum I have recommended an appropriation of $80,000 for the purchase of this building and for the remodeling necessary to adapt it for use as a College of Veterinary Medicine Research Laboratory. On motion of Mrs. Holt, this report was received for record. APPRAISAL OF NOYES CHEMISTRY LABORATORY Mr. McKelvey presented the following report. In connection with the problem of insurance on the Noyes Chemistry Laboratory, approved by the Board on March 27, 1947 (Minutes, page 322), the need of an appraisal of the building has become apparent. The Director of Purchases and the Comptroller have suggested the firm of Marshall & Stevens, valuation engineers, of Chicago. The cost would be $692 plus nominal expenses. Marshall & Stevens state that, after a thorough survey of the structure is made by their engineers at the property, they would supply us with a building report and contents report, both of which would be in complete detail and furnish a sound evaluation of the structure and its contents. Such an appraisal should furnish complete information for the proper placement of insurance, assure us that we are complying with the coinsurance requirements of our insurance contracts, and would provide valuable descriptive and inventory data in the event of a partial or complete loss of the structure and its contents. The Buildings and Grounds Committee has considered this proposal and recommends that Marshall & Stevens be retained to appraise the Noyes Chemistry Laboratory and its contents, and a special appropriation of $800 for this purpose. On motion of Mr. McKelvey, this appraisal was authorized and the appropriation was made by the following vote: Aye, Mr. Fornof, Mrs. Holt, Mr. Livingston, Mr. McKelvey, Mr. McLaughlin, Mr. Nickell, Mr. Williamson; no, none; absent, Mr. Davis, Mr. Green, Dr. Luken, Dr. Meyer. The Board adjourned. H. E. CUNNINGHAM PARK LIVINGSTON Secretary President
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