| |
| |
Caption: Book - History of the University (Powell)
This is a reduced-resolution page image for fast online browsing.
EXTRACTED TEXT FROM PAGE:
Arguments of Three Counties 485 DOCUMENT NO. 18 Statements by Champaign County committee and reply by McLean County committee, reasons for locating university in Logan County. Printed Circular, Turner manuscripts, Springfield; THE CHAMPAIGN OFFER COMPARED WITH BLOOMINGTON, AS SET FORTH IN THE REPORT OF THE JOINT COMMITTEE. Assessed value of the Bloomington lands, as stated by the committee, $18 per acre; 4 3 ^ acres, valued by the committee at $15,000, equal in round numbers to $347 per acre. Assessed value of 160 acres of land at Champaign as stated by the committee, $20 per acre. This a tenth in favor of Champaign equal to $381.70 per acre, making $61,000. The committee report for Bloomington 100 acres belonging to the State, not taxable, at $20,000 or $200 per acre. In the report of this committee, 810 acres of the Champaign land are put down as assessed at $15 per acre. One-sixth less, omitting fractions, would make the Champaign land worth $290 per acre, making $234,900. The ten acres which the building stands on is reported by the committee at $2,500—worth, in the estimation of some members of the committee, $500 per acre. The building is reported at a cost of County bonds Railroad freight Fruit and shade trees $120,000 100,000 35,000 2,000 Which makes the aggregate bid of Champaign as follows: 160 acres 810 acres \ Ground on which building stands, 10 acres County bonds . . . | | Freight | m < . . Trees . . | jt Reported cost of building 61,000 234,900 2,500 100,000 35,000 2,000 J|l20,000 ;$
| |
