Repository: UIHistories Project: Board of Trustees Minutes - 1958 [PAGE 1222]

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1958]

UNIVERSITY OF ILLINOIS

1219

Now, Therefore, Be It Resolved That the Board of Trustees of the University of Illinois shall make application to the Secretary of Health, Education, and Welfare for and secure the transfer to it of the above-mentioned property for educational use upon and subject to such exceptions, reservations, terms, covenants, agreements, conditions, and restrictions as the Secretary of Health, Education, and Welfare, or his authorized representatives, may require in connection with the disposal of said property under said Act and the rules and regulations issued pursuant thereto; and Be It Further Resolved That H . 0 . Farber, Comptroller of the Board of Trustees of the University of Illinois, be and he is hereby authorized, for and on behalf of the University of Illinois, to do and perform any and all acts and things which may be necessary to carry out the foregoing resolution, including the preparing, making, and filing of plans, applications, reports, and other documents, the execution, acceptance, delivery, and recordation of agreements, deeds, and other instruments pertaining to the transfer of said property, and the payment of any and all sums necessary on account of the purchase price thereof or on account of fees or costs incurred in connection with the transfer of said property for surveys, title searches, appraisals, recordation of instruments, or escrow costs.

On motion of Mr. Swain, this recommendation was approved, and the foregoing resolution was adopted by the following vote: Aye, Mr. Herrick, Mr. Hughes, Mr. Johnston, Mr. Livingston, Mr. Swain, Mrs. Watkins, Mr. Williamson; no, none; absent, Mr. Bissell, Mrs. Holt, Mr. Nickell, Mr. Stratton.

ACQUISITION OF PROPERTY AT 6 1 0 EAST J O H N STREET. CHAMPAIGN. ILLINOIS (34) On November 21, 1957, the Board of Trustees authorized the institution of proceedings in eminent domain for the acquisition of the property at 610 East John Street, Champaign, Illinois, because the owner would not agree to sell except at a price University officials deemed excessive and could not recommend. The property is needed as part of the site for a new student services building. Proceedings were instituted in the Circuit Court of Champaign County and the case was set for trial. At a "pre-trial" conference of representatives of the owner and of the University, called by the Judge who was to hear the case, the owner agreed to sell at a price of $45,000 and University representatives agreed to present this proposal to the Board of Trustees. While the price is somewhat above appraisals made of the property for the University, it is within the formula authorized by the Committee on Buildings and Grounds governing negotiations for property purchases. The difference between this price and appraisals would not justify the expense of further litigation. The Director of the Physical Plant Department, the Legal Counsel, and the Vice-President and Comptroller recommend the purchase of this property, which is described in the minutes of the Board of Trustees meeting of November 20, T 957, pages 991 to 993, at the agreed upon price of $45,000, the terms of payment and other conditions relating to the acquisition of the property to be subject to further negotiations and approval of the University. Funds are available in the state capital appropriations to the University for J 957-59I concur and recommend that the Comptroller and the Secretary of the Board be authorized to execute the necessary documents upon approval of the same and of the title to property by the Legal Counsel; and that the action of the Board adopting the resolution for condemnation of this particular property, as printed on pages 992 to 993 of the November 20, 1957, Board minutes, be rescinded.

On motion of Mr. Williamson, the purchase of this property at a price of $45,000 was authorized and the other recommendations were approved. This action was taken by the following vote: Aye, Mr. Herrick, Mr. Hughes, Mr. Johnston, Mr. Livingston, Mr. Swain, Mrs. Watkins, Mr. Williamson;' no, none; absent, Mr. Bissell, Mrs. Holt, Mr. Nickell, Mr. Stratton.