Show VALUATION IS 155000 Appraisement of University Site and Buildings r INCLUDES THE LABORATORY > The Property Will Be Offered at Public Pub-lic Auction on January 12th The University Square and Buildings Including the Training School Will Not Bo Sold for Less Than S125 000 and the Minimum Price for the Training School Is S30000 Proposed Uses for the Buildings 1 The State Land Board President Slmip of the University Board of Regents Re-gents and President Kingsbury oC tho University yesterday completed the appr menl of the old University buildings and grounds and fixed the dato of sale for January 12th next by public auction at the south front door or the city and county building at 12 oclock noon The tenncie block with the University Uni-versity building and training school I i thereoi < was appraised at 5125000 1 and I the laboratory buiMIng and site 12 by 20 iods on First North street at 30 000 These are tile lowest prices which will bf accepted The terms of payment pay-ment fixed Wan 20 per cent down and the lemalndcr In eight equal annual Installments with 5 per cent Interest on the deferred payments The laboratory I labo-ratory building and grounds may be I sold bopamtfcly fiom tho University I proper I It l demanded The University square was donated to tho University I by the Slate The building proper cost 50000 and the training school which I occupies a portion of the square cost 5COOOO and the laboratory building 35000 total improvements buiding I The Board oC Education Is consider ing i the advisability of buying the prop erly for high scfiool purposes Tho I square has also boon mentioned as a good place for a depot for the Bur lington road which Is expected to make Its advent Into the ely at an eaily date and yet another use which has been mentioned Is that of a hotel and sanitarium The training school Is now being used by the Board oC Education for school purposes under I the name of the Union school I |