RESOLUTION

Re: Property of Rosemary Greek Neale

WHEREAS the General Assembly of the State of Illinois has enacted Public Act 89-4 authorizing through Article 30 thereof, the Board of Trustees of Northern Illinois University to acquire such real property as it shall deem appropriate by purchase, eminent domain, or otherwise; and

WHEREAS the Board of Trustees of Northern Illinois University has considered the existing facilities and the extensions necessary to be made in order that the same may adequately serve the current and/or future needs of Northern Illinois University;

NOW, THEREFORE, BE IT RESOLVED by the Board of Trustees of Northern Illinois University that it is necessary and for the best interests of Northern Illinois University that the one parcel of real property ("Greek property") [full legal description follows and is incorporated herein by reference], 1.368 acres more or less, in DeKalb, Illinois, be acquired for educational purposes of Northern Illinois University;

BE IT FURTHER RESOLVED that the Board's Treasurer is authorized and directed to negotiate on behalf of the Board of Trustees of Northern Illinois University with the owner or owners of the hereinabove described real property for the purchase thereof by Northern Illinois University at a fair market value based on reference to current real estate tax assessment values or reports of appropriate independent appraisers retained to determine fair market value, provided however that any contract or acquisition shall be expressly subject to approval by the Board of Trustees of Northern Illinois University.

BE IT FURTHER RESOLVED that the University president is authorized to engage appropriate external legal counsel to serve any needs associated with this acquisition.

BE IT FURTHER RESOLVED that this Resolution shall take effect and be in full force from and after its passage by the Executive Committee of the Board of Trustees of Northern Illinois University.