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Caption: Book - History of the University (Powell)
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256 History University of Illinois estimating and presenting the cash values of the bids that had been made. The value of the bids in cash in order mentioned by the committee were: Champaign $285,000; McLean $470,000; Logan $385,000; and Morgan $315,000 without including Illinois college property, or $419,000 including Illinois college. "The joint committee appointed in compliance with a current resolution of the Senate and House of Representatives, beg leave to report: That they have endeavored to discharge the duties assigned them by said resolutions, in visiting the counties of Champaign, McLean, Logan and Morgan, and, as fully as possible, in the limited time allowed them, have examined the propositions of each of said counties in relation to the location of the proposed Industrial University, and find the same to be as follows: CHAMPAIGN COUNTY "The County of Champaign proposes to donate the Champaign and Urbana University, a new brick building, with stone foundations: the main part 125 feet front and 40 feet deep, five stories high, and a wing in the rear 70 by 44 feet and four storries high, containing 181 rooms, having cost $120,000. Said building is nearly ready for occupancy. We estimate its cash value at $75,500. Also, 10 acres of land, in the center of which said University stands, being about equi-distant between and within one mile of the depot of the Illinois Central Railroad, in the city of Champaign, and the court house, in the city of Urbana. We estimate the cash value of said land at $2,500. Also, 160^ acres of well cultivated farm land, within one-half mile of said University and adjoining the city of Champaign, through which runs a stream of ever-living water—the cash value of which land we estimate at $20,000. The average assessed value thereof is $20 per acre. Also, 410 acres of like farm land, adjoining thereto, with orchard, farm-house and barn—the estimated cash value of which is $30,000. Its average value by the last assessment, was $15 per acre. Also, 400 acres of like farm land, within about two miles from said University—the cash value of which is estimated at $20,000. The average of the same, by the last assessment, is $15 per acre. The entire amount of
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