Repository: UIHistories Project: Board of Trustees Minutes - 1958 [PAGE 412]

EXTRACTED TEXT FROM PAGE:

1957]

UNIVERSITY OF ILLINOIS

409

Provost and the Vice-President and Comptroller recommend that the following assignments from the General Reserve be made: Research and Educational Hospitals $100 000 Chemistry and Chemical Engineering 25 000 Admissions and Records — Urbana-Champaign 15 560 Library — Urbana-Champaign 8 400 General Publications 8 650 Television Station 2 725 Commerce and Business Administration 7 000 Total $167 335 The assignments to the College of Commerce and Business Administration and the Department of Chemistry and Chemical Engineering have already been made and confirmation is requested. I concur.

On motion of Mr. Johnston, these appropriations were made by the following vote: Aye, Mr. Herrick, Mrs. Holt, Mr. Johnston, Mr. Livingston, Mr. Swain, Mrs. Watkins; no, none; absent, Mr. Bissell, Mr. Hughes, Mr. Nickel], Mr. Stratton, Mr. Williamson. PURCHASE OF PROPERTIES AT URBANA, ILLINOIS 204 South Goodwin Avenue

(13) The Director of the Physical Plant and the Vice-President and Comptroller recommend the purchase of the property at 204 South Goodwin Avenue, Urbana, owned by Mrs. Leola Graham. The property consists of a lot approximately sixty feet wide and one hundred ten feet deep, and a three-story frame house used as a student rooming house. The land is needed as a part of the site for a new Physics Building, and the Board of Trustees on April 18, 1957, authorized the acquisition of the property through condemnation proceedings since at that time the owner was unwilling to sell except at a price which University officials could not recommend. The owner has now agreed to enter into a contract on these terras: a selling price of $31,500 of which $29,000 shall be payable on or before July 21, 1957, and the balance on the date of possession by the University; the seller to retain possession, rent free, until February 15, 1958; taxes to be prorated as of date of possession; and all repairs and maintenance prior to that date to be made by the seller. Funds will be available in the state appropriation for 1957-59 for land acquisitions. I recommend that the property be purchased at the price and on the terms indicated, and that the Comptroller and the Secretary of the Board be authorized to execute the necessary documents.

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

1012 W e s t Green Street The Director of the Physical Plant and the Vice-President and Comptroller recommend the purchase of property at 1012 West Green Street, Urbana, owned by Miss Margaret Nelson. The property consists of a lot seventy-six feet wide and two hundred sixty-four feet deep and a two-story frame building with asphalt shingle roof and a two-stall garage in the rear. The rooms are set up to provide several apartments. The land is needed as part of a site for a student residence hall, and the Board of Trustees on April 18, 1957, authorized the acquisition of the property through condemnation proceedings, since at that time the owner was unwilling to sell except at a price which University officials could not recommend. The owner has now agreed to enter into a contract on these terms: a selling price of $33.3°°. of which $10,000 shall be paid on July 2, 1957, and the balance of $23,360 without interest on January 2, 1958; and taxes to be prorated as of the date of possession, which shall be not later than December 31, 1957-