Repository: UIHistories Project: Board of Trustees Minutes - 1978 [PAGE 43]

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32

BOARD OF TRUSTEES

[July 21

( 1 3 ) , a distance of Seventeen and Eight-Tenths (17.8) feet to the center line of the party wall, thence in a Westerly direction Four and Eight Hundredths (4.08) feet along the center line of the party wall, thence in a Southerly direction Thirty-four and Twenty-five Hundredths (34.25) feet along the center line of said party wall or a continuation of the same, thence in an Easterly direction Two and Twelve Hundredths (2.12) feet along the center line of said party wall; thence in a Southerly direction Twenty and Ninety-five Hundredths (20.95) feet to the North line of California Street, thence in a Westerly direction Fifteen and Twenty-one Hundredths (15.21) feet along the North line of California Street to the place of beginning, situated in the City of Urbana, in Champaign County, Illinois. T h e student advisory v o t e w a s : Aye, M r . Cordon, M r . M a t t h e w s , M r . V o l g m a n ; no, none. O n m o t i o n of M r . H o w a r d , t h e foregoing resolution w a s a d o p t e d by the following v o t e : Aye, M r . Forsyth, M r . H a h n , M r . H o w a r d , M r . Lenz, M r . Livingston, M r . N e a l , Mrs. R a d e r , M r s . Shepherd, M r . V e l a s q u e z ; n o , n o n e ; absent, G o v e r n o r W a l t e r .

Land for University of Illinois-Willard Airport1

(41) The Board of Trustees on January 21, 1976, authorized the acquisition of approximately 18.76 acres of land at the southeast end of Runway 13-31 of the University of Illinois-Willard Airport through condemnation proceedings. In that action it was reported that funds from the Federal Aviation Administration and State Department of Transportation, Division of Aeronautics, were available to reimburse the University for this purchase and that the University of Illinois Foundation would provide interim financing and lease the property to the University at a rental sufficient to pay the cost of such financing. A judgment order has been entered in the Circuit Court of the Sixth Judicial District fixing the award for the property at $50,500. It is recommended that the Board of Trustees request the University of Illinois Foundation to pay the amount of said award in accordance with the terms of said judgment order and other incidental costs of acquisition and lease the property to the University at a rental sufficient to pay the interest on a bank loan to finance the acquisition until the University has funds for its acquisition. Title to the property would be conveyed to the Foundation. The President of the University, with the concurrence of appropriate administrative officers, recommends adoption of the following resolution in accordance with the above:

Resolution Regarding Heller Property Located near Southeast End of Runway 13-31, University of Illinois-Willard Airport, Parcel 11-3-B

Whereas the Judgment Order of the Circuit Court of the Sixth Judicial District, Champaign County, Illinois, entered in the condemnation case entitled "The Board of Trustees of the University of Illinois, a public corporation, Petitioner, vs. Helen Heller, et al., Defendants," No. 76-L-340, under date of June 25, 1976, provides that upon payment to the County Treasurer of Champaign County, Illinois, of the amount of the award in the sum of Fifty Thousand Five Hundred Dollars

1 The improvement program is limited to the objectives indicated and goes back to initial Board action in September 1970. It bears no relationship to the consultanrs recommendations in the Airport Master Flan.