Repository: UIHistories Project: Board of Trustees Minutes - 1950 [PAGE 412]

EXTRACTED TEXT FROM PAGE:

1949]

UNIVERSITY OF ILLINOIS

403

appraiser to review the operating figures on these projects. It is recommended that the appraiser selected by Equitable be employed at once to make his report. O n motion of Mr. Livingston, employment of an independent real estate appraiser was authorized, the cost to be charged against the appropriation of $50,000 m a d e on July 21, 1948, for the purchase of land from the Medical Center Commission. In view of the fact that Equitable has agreed to go ahead with the financial program, it is recommended that the architectural firm of Skidmore, Owings, and Merrill be authorized to complete plans and specifications for the staff apartment building at the earliest possible date in order that bids may be taken for this project during the summer. N o action was taken. T h e Board had previously (Minutes, October 21, 1948, page 145) authorized the employment of this firm but specified that no contract be entered into for architectural services until funds for this project have been assured. Mr. Harry Pearce has recommended that the property at 1712-14-16 West Taylor Street be purchased for use to house the Chicago Campus Paint Shop which is now located in the basement of the Research and Educational Hospitals. Funds for this purchase are available in the 1047-1940, Land Appropriation Account. It is estimated that these properties can be acquired for a total cost of $20,500. It is recommended that funds be designated for the purchase of these properties. O n motion of Mr. McLaughlin, purchase of this property was authorized and assignment of $20,500, or so much thereof as may be necessary, was made from the State appropriation for " L a n d acquisitions for extension of campus in Chicago," by the following vote: Aye, Mr. Fornof, M r . Herrick, M r s . Holt, Mr. Livingston, Mr. McLaughlin, M r . Nickell, M r s . W a t k i n s , M r . Williamson; no, none; absent, Mr. Hickman, Dr. Meyer, Mr. Stevenson. The area selected as a site for the proposed steam plant is located south of Taylor Street between Hermitage Avenue and Paulina Street and running approximately 350 feet south of Taylor Street. The cost of assembling this land has been estimated at approximately $150,000. The University already owns the southeast corner of Hermitage Avenue and Taylor Street, approximately 125 feet square. The Medical Center Commission has already acquired certain parcels in this area. It is recommended that this area be approved for acquisition and that the balance of funds now available for land purchase be made available to this account at this .time. O n motion of Mr. Livingston, purchase of this property was authorized and the balance of the unassigned funds in the State appropriation for " L a n d acquisitions for extension of campus in Chicago," or so much thereof as may be necessary, was appropriated for this purpose by the following vote: Aye, Mr. Fornof, Mr. Herrick, M r s . Holt, M r . Livingston, M r . McLaughlin, Mr. Nickell, M r s . Watkins, M r . Williamson; no, none; absent, M r . Hickman, Dr. Meyer, M r . Stevenson. Certain areas for buildings to be built on the west side campus will not be available without the assistance of the Medical Center Commission in providing funds to purchase the land. It is recommended that Dr. Ivy be authorized to negotiate with the Medical Center Commission for them to acquire, with their own funds, land to be made available for the University of Illinois. N o action required. This concluded the presentation of M r . F a r r ' s recommendations. A progress report by Comptroller Lloyd M o r e y on negotiations with the Equitable Life Assurance Society of the United States for the