Repository: UIHistories Project: Board of Trustees Minutes - 1976 [PAGE 488]

EXTRACTED TEXT FROM PAGE:

1975]

UNIVERSITY OF ILLINOIS

477

tion of an urban renewal area in Peoria as the site for the Peoria School of Medicine. On July 17, 1974, the Board approved a modification of the contract to authorize a gas line easement to Central Illinois Light Company across a portion of the site and on September 18, 1974, approved a further modification to allow the city to delay transfer to the University of certain parcels and to authorize an additional temporary gas line license. T h e contract identified a specific area to be conveyed but provided that adjustments would be made to insure that the total conveyed would be twenty-five acres. A recent survey indicates it is necessary to revise the boundaries of the site to include additional property to bring the total to twenty-five acres. The city has also requested additional time for the demolition and conveyance of certain parcels originally scheduled to be delivered on January 1, 1976. Attachment A (a copy of which is filed with the Secretary of the Board for record) identifies Tract 1-A, already conveyed to the University; Tract 1-B, now proposed to be conveyed to the University by January 1, 1976; and Tract 1-C, now proposed to be conveyed to the University by March 31, 1976. The additional properties needed to bring the site to a total of twenty-five acres are identified by cross-hatching on Attachment A. The contract provides that the Capital Development Board pay the city $280,000 for the twenty-five acre site. T h e Capital Development Board paid $168,000 for Tract 1-A. It is recommended that the contract now be modified to provide that the balance be paid as follows: $62,000 for Tract 1-B and $50,000 for Tract 1-C. T h e contract also provides that conveyance of the property by the city will be subject to certain water and sanitary sewer easements extending across the property. As a result of earlier modifications of the contract and the proposed change in the boundaries, conveyance by the city now will be subject to easements for gas, water, sewers, and drainage as indicated on Attachment B (a copy of which is filed with the Secretary of the Board for record). None of these easements will adversely affect the University's use of the site. It is further recommended that Parcel 100-21, located at the north edge of the site, be conveyed to the University, subject to a driveway easement, for which the University will receive an additional driveway easement extending north between adjacent Parcels 100-28 and 100-29 (which will continue to be privately owned) as indicated by cross-hatching on Attachment B. It is the judgment of the University officers involved that the proposed changes, including the delay in conveyance of certain parcels, will not interfere with the University's plans for use of the site and that the proposed changes will be beneficial to the University. The city has expressed an interest in occupying the building on Parcel 100-27 as its urban renewal office for a period extending no later than March 31, 1977. Such use and occupancy by the city will not interfere with the University's current development plan. It is proposed that the revised contract will provide that demolition of the building on that parcel and delivery of possession may be deferred during the period of the city's use. Therefore, the President of the University, with the concurrence of appropriate administrative officers, recommends approval of the foregoing modifications of the contract with the city of Peoria and the Capital Development Board, subject to the concurrence of the Capital Development Board.

The student advisory vote was: Aye, Mr. Conlon, Mr. Summers, Mr. Szegho; no, none. On motion of Mr. Livingston, these recommendations were approved by the following vote: Aye, Mr. Forsyth, Mr. Harm, Mr. Howard, Mr. Lenz, Mr. Livingston, Mr. Neal, Mrs. Rader, Mrs. Shepherd, Mr. Velasquez; no, none; absent, Governor Walker.