Repository: UIHistories Project: Board of Trustees Minutes - 1950 [PAGE 6]

EXTRACTED TEXT FROM PAGE:

1948]

UNIVERSITY OF ILLINOIS

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and should be kept as such. The University has secured an independent appraisal of the property which indicates that the price is very reasonable under present real estate market conditions. There is very good prospect that the house can be rented to a member of the faculty who will eventually purchase it. An appropriation of $30,000 from the General Reserve Fund is recommended. 2. 1008 South Lincoln Avenue, Urbana. The Dean of Students and the Director of the Physical Plant recommend the purchase of this property at a cost not to exceed $30,000. The house would be used as a nurses' home to replace the present nurses' home at 1009 West Nevada Street, and this house would then be available for staff housing. Thus the purchase of this property would accomplish two objectives. The price is based on an independent appraisal secured by the University. 3. pop West Nevada Street, Urbana. This property is available for purchase at an appraised value of $17,500. It is in the zone of future campus expansion (for women's residence halls) along the south side of Nevada Street and is two houses east of University property at 1001 West Nevada Street. It can be used advantageously for staff housing until the site is required for other University use. However, it will not be available for several months. The present owner plans to build a new house. 4. 1200. West Illinois Street, Urbana. The Committee on Special Appropriations and Nonrecurring Expenditures recommends the purchase of this property at a price of $16,340. It adjoins property the University has purchased at 12051207 West Illinois Street. I recommend that the purchase of these properties be authorized and an appropriation of $96,340, or so much thereof as is needed, be made for the purchase price, expenses incidental to purchase, and such minor remodeling as may be found necessary to make the houses suitable for University use. The Board has previously authorized the purchase of twelve residence properties. Some of these houses need repairing and redecorating. This fact was taken into consideration when prices were negotiated. In one case the Board made a specific assignment of $3,000 for major repairs, but no provision was made for such work on other properties. There is an unexpended and unencumbered balance of $10,860 in these appropriations. I recommend that the Board authorize the use of this money for repairs and improvements on properties acquired under this program.

On motion of Dr. Meyer, these purchases were authorized, the appropriations were made, and funds assigned as recommended, by the following vote: Aye, Mr. Fornof, Mrs. Holt, Mr. McKelvey, Mr. McLaughlin, Dr. Meyer, Mr. Nickell, Mr. Williamson; no, none; absent, Mr. Davis, Mr. Green, Mr. Livingston, Dr. Luken.

PURCHASE OF PROPERTY AT 6 0 1 Vi EAST SPRINGFIELD AVENUE, CHAMPAIGN (4) The Board of Trustees has approved the site between Wright Street and Sixth Street, and the south side of east Springfield Avenue, Champaign, for the new Water Survey Building to be built by the Department of Registration and Education. Construction on the first unit will begin in the near future. Two properties have been purchased. The Department expects to construct an addition during the 1949-1951 biennium and additional land will be needed. For this purpose the Director of the Physical Plant Department and the chairman of the University Building Program Committee recommend the purchase of the property at 6oiJ/2 East Springfield Avenue, Champaign, at a price of $8,000. I concur in this recommendation and recommend a special appropriation for this purpose.

On motion of Dr. Meyer, this purchase was authorized, and the appropriation was made, by the following vote: Aye, Mr. Fornof, Mrs. Holt, Mr. McLaughlin, Mr. McKelvey, Dr. Meyer, Mr. Nickell, Mr. Williamson; no, none; absent, Mr. Davis, Mr. Green, Mr. Livingston, Dr. Luken. At this point, Mr. Livingston took his place with the Board.