Repository: UIHistories Project: Board of Trustees Minutes - 1976 [PAGE 523]

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512

BOARD OF TRUSTEES

[January 21

Acquisition of Land for Runway Extension and Improvements at University of Minois-Willard Airport

(21) The University has been negotiating with the owner of land at the southeast end of Runway 13-31 of the University of Illinois-Willard Airport. T h e acquisition of this land by the University is necessary and desirable for the use of the airport's lengthened and strengthened instrument runway and to provide a clear zone as specified by the Federal Aviation Administration for the current operations of the airport and its future expansion and to fulfill its contractual commitments with the Federal and State governments. T h e owner has refused to sell for a price which the University's representatives consider fair and reasonable or reflective of its present market value. Funds from the Federal Aviation Administration and State Department of Transportation, Division of Aeronautics, are available to reimburse the University for this purchase. The University of Illinois Foundation will provide interim financing and lease the property to the University at a rental sufficient to pay the costs of such financing. Therefore, the President of the University, with the concurrence of appropriate administrative officers, recommends that the property be condemned through exercise of the power of eminent domain, requests the adoption of the following resolution, and further requests authorization of settlement of the proceedings if such settlement can be effected at a price that is within the appraisals received by the University, as the same may be updated to take into account comparable sales since the dates of the appraisals, or that is approved by the Federal Aviation Administration and Department of Transportation for reimbursement.

Resolution Authorizing Condemnation of Property Near Southeast End of Runway 13-31, University of lllinois-Willard Airport, Parcel 11-3-B

Be It, and It Is Hereby Resolved, Found, and Declared by T h e 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 property situated in the County of Champaign, in the State of Illinois, to wit: Commencing at the Northeast Corner of the Southwest Quarter of Section Eleven (11), Township Eighteen (18) North, Range Eight (8) East, of the Third Principal Meridian, Champaign County, Illinois; thence S 00° 4 3 ' 38" E along the East line of the Southwest Quarter of said Section 11, 1270.40 feet to the Southwesterly boundary line of the University of lllinois-Willard Airport for a true place of beginning; thence S 00° 4 3 ' 38" E along the East line of the Southwest Quarter of said Section 11, said line also being the Southwesterly boundary line of the University of lllinois-Willard Airport, 542.68 feet; thence N 44° 19' 14" W, 2566.08 feet to the North line of the Southwest Quarter of said Section 11, said line also being the Southerly boundary line of the University of lllinois-Willard Airport; thence S 89° 15' 25" E along the North line of the Southwest Quarter of said Section 11, said line also being the Southerly boundary line of the University of lllinois-Willard Airport, 530.97 feet to the Southwesterly boundary line of the University of lllinois-Willard Airport; thence S 44° 17' 38" E along the Southwesterly boundary line of the University of lllinoisWillard Airport, 1797.18 feet, more or less, to the place of beginning, said tract containing 18.76 acres, more or less, all situated in the County of Champaign and State of Illinois,