BID MADE FOR YERKES OBSERVATORY

Aurora University has offered $4.5 million to purchase Yerkes
Observatory, its buildings, and 79 acres of property. The University
of Chicago, which owns the Williams Bay observatory, has considered
a sale since summer 2004.

Aurora University's George Williams campus is adjacent to the observatory.
Its proposal called for preserving the historic observatory and
using the building as a science center, establishing a nature preserve,
and expanding their campus to the remaining landscape. The university
would also develop 11 lots into single-family housing. Proceeds from
these lot sales in excess of the tendered offer would help establish
a Yerkes endowment ...

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