Repository: UIHistories Project: Book - History of the University (Powell) [PAGE 289]

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The University Located

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land offered by Champaign county is 980 acres. Also, $2,000 worth of shade, ornamental and fruit trees, at catalogue rates— to be delivered from the neighboring nursery of M. L. Dunlap, Esq. Also $100,000 in Champaign county 10 per cent 20 year bonds—the cash value of which is estimated at $100,000, Also, $50,000 in freight on the Illinois Central railroad, for the said Industrial University—the estimated cash value of which is $35,000. "The total offers of Champaign county are estimated, in cash, at $285,000.

MCLEAN COUNTY

"The county of McLean proposes to donate $200,000 in McLean county 10 per cent. 20 year bonds—the estimated cash value whereof is $200,000. Also $100,000 city of Bloomington 10 per cent. 20 year bonds—the estimated cash value of which is $100,000. Also, $100,000 township of Normal 10 per cent 20 year bonds—estimated cash value of which is $100,000. Also, $50,000 in freight on the Chicago, Alton and St. Louis Railroad, for the proposed University—valued, in cash, at $35,000. Also 43y2 acres of land, for the proposed University site, adjoining the Normal University, through which runs a stream of water. The estimated value of this tract is $15,000. The average of last assessment was $18 per acre. Also, 100 acres of land, adjacent to the Normal University, and now held, in trust, by the trustees of said Normal University—the estimated cash value of which is $20,000. "The total offers of McLean county are estimated, in cash, at $470,000. "McLean county offers, in lieu of the said lands, other lands at the option of the State, equally valuable. All the foregoing offers of McLean county are guaranteed by a bond, signed by its citizens, who are represented to be good and fully responsible for the entire amount.

LOGAN COUNTY

"Logan county proposes to donate $300,000 in Logan county 10 per cent ten year bonds—the estimated value of which, in