Repository: UIHistories Project: Board of Trustees Minutes - 1976 [PAGE 41]

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30

BOARD OF TRUSTEES

[July 17

It is further recommended that authorization be granted to enter into a settlement agreement with any of the tenants who are willing to settle for such prices. T h e present tenants are: Suzanne Frances Klitzing ( d / b / a " T h e Cellar") John Klitzing ( d / b / a "John's Illini Barbershop") Champaign Sirloin Inn, Inc. Clyde A. Phalen, Jr. ( d / b / a "Clyde A's") James Brandolino ( d / b / a "Sparky's Book and Record Exchange") John Klitzing ( d / b / a "Octascope") It is further recommended that the following resolution be adopted. Funds are available in State capital appropriations to the University which have been released by the Governor and in the Urbana-Champaign campus Unassigned Reserves. I concur. Resolution Authorizing Condemnation of Property Located at 511 and 511 Vi East Daniel Street and 901 and 9 0 3 South Sixth Street, Champaign, Illinois Be It, And It Hereby Is Resolved, Found And Declared by The Board of Trustees of the University of Illinois, a body corporate and politic and a public corporation of the State of Illinois, that the following described real estate situated in the County of Champaign, in the State of Illinois, tc-wit: T h e East Forty-nine and Three-tenths (49.3) feet except the South Fiftyseven (57) feet of Lot One ( 1 ) , Block Two (2), of A. T. Hall's Addition to the City of Champaign, situated in the City of Champaign, in the County of Champaign, and State of Illinois. is needed by the University of Illinois, an educational institution established and supported by the State of Illinois, for a Speech and Hearing Clinic for students and staff members of the University of Illinois in the conduct of the educational functions of the University of Illinois and for other educational purposes conducted and to be conducted, and for the further expansion of the educational facilities of said University of Illinois and to enable said University of Illinois to discharge its duty to the people of said State and for public use, that this Board of Trustees has negotiated with the owners of leasehold interests in said land through their duly authorized representatives for the purchase of said leasehold interests at a price which this Board of Trustees considers fair and reasonable and which it finds constitutes the present market value of said leasehold interests, but that said owners have refused to sell and convey the leasehold interests in said land, to said The Board of Trustees of the University of Illinois for such price and continue to refuse to sell and convey the same to it except for a consideration and price which this Board of Trustees deems unreasonable and excessive and is, therefore, unwilling and has refused to pay; and Be It, And It Is Hereby Further Resolved, Found, and Declared by T h e Board of Trustees of the University of Illinois that the compensation to be paid by it for said leasehold interests in said land cannot be agreed upon between this Board of Trustees and the owners of said property and they and it are unable to agree upon the purchase price to be paid to said owners for the sale and conveyance of said property by said owners thereof to said T h e Board of Trustees of the University of Illinois; and Therefore, Be It, And It Is Hereby Further Resolved, Found, and Declared by T h e Board of Trustees of the University of Illinois that because of said need of the University of Illinois for said land and all leasehold interests therein for the