Repository: UIHistories Project: Board of Trustees Minutes - 1978 [PAGE 482]

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1977]

UNIVERSITY OF ILLINOIS

469

Report of Rejection of Bids for Gutter Rewaterproofing, Assembly Hall, Urbana

(10) O n April 20, 1977, the Board of Trustees approved the employment of a consultant to evaluate the existing waterproofing system for the dome of the Assembly Hall at the Urbana-Champaign campus and to recommend methods and materials for resurfacing. On October 12, 1977, bids were received for work to rewaterproof the gutters at the Assembly Hall as a part of the dome project. T h e low bid exceeded the consultant's estimate for this work, and, accordingly, the president rejected the bids and now reports the rejection pursuant to Section 15(e)(2) of the General Rules Concerning University Organization and Procedure.

This report was received for record. Exchange of Property with the City of Peoria

(11) O n February 20, 1974, the Board of Trustees authorized the execution of a contract with the city of Peoria and the Capital Development Board for the acquisition of a twenty-five-acre urban renewal area in Peoria as the site for the Peoria School of Medicine. The city has conveyed that site to the University. On September 21, 1977, the Board of Trustees approved a recommendation for exchange of certain parcels of land with the city of Peoria and authorized other modifications contained in a separate cooperation agreement with the city. The exchange will result in a more usable site for the future development of the Peoria School of Medicine and will facilitate the development of the area surrounding the school in a manner compatible with the medical school site and consistent with the city's urban redevelopment plan. The modification of the cooperation agreement will strengthen the University's position in reviewing the nature of proposed developments on the neighboring properties. It is now necessary for the board to adopt a formal resolution authorizing the exchange and describing the property. Accordingly, the president of the University, with the concurrence of appropriate administrative officers, recommends the adoption of the following resolution authorizing the exchange of certain parcels of land. between the city of Peoria and the University of Illinois at the site of the Peoria School of Medicine.

Resolution

Whereas, the city of Peoria, a municipal corporation, duly organized and existing under and by virtue of the laws of the state of Illinois, hereinafter referred to as "City" has offered to convey title to hereinafter described property now owned by it and located adjacent to the Peoria School of Medicine in the city of Peoria, Illinois, to the Board of Trustees of the University of Illinois, a public corporation of the state of Illinois, hereinafter referred to as "University" in exchange for conveyance by the University of title to the hereinafter described property now owned by it and part of the present site of the Peoria School of Medicine in Peoria, Illinois, to the city, upon the following terms and conditions: 1. Each party will convey title in fee simple absolute, free and clear of all liens and encumbrances and subject only to such reservations, encumbrances, easements, or exceptions as constitute minor and nonfatal defects which in the judgment of the University and the City would not interfere with its development and use of the property. 2. Possession shall be delivered and title shall be conveyed by quitclaim deed by each party to the other simultaneously and on or before March 31, 1978.