Repository: UIHistories Project: Book - Housing Bond Issue of 1952 [PAGE 9]

EXTRACTED TEXT FROM PAGE:

REMODELING OF THE PRESENT MEN'S RESIDENCE HAILS

| |ic ..ills pel in.tin nl i< llriK r li.ill f<,r |

the l nh emit) were < otiKtrut ted in 1940

si i. 1 ) |)K «iatcd < M pi.i

Vftci remodeling th< ill p u ! men, (>f thii number, 400 will in existing individual rooms foi otn tv. dents. I he remaining 97 will be 1J type space t > be made available from tin < the areas in the building now devoted l .i cosl of $ 10,000. The food scrvh %j . \n ^ ^ project will be transferred to tin Men R Hall Addition No. 2, upon completion f that unit ir modeling will be done durinj •: unci of ! jn order not to interrupt food scrvi >perati< n There will be an outstanding indebtednea of $2 K) on these buildii after the March 1, 1 maturities are paid. The indebtcdm will be retired from the proceeds of this bond issu< lh all premium will be provided from tin xisting sinkin fund.

MODERNIZATION OF BUSEY-EVANS HALLS

Busc) Hall

was constructed in 1917 and Evans Hall in 1 dence halls for women. Their original ^t plus improvements to date .mount to $4 . IV iaU replacement cost is estimated at $1,1 1,000. Thcs uni l , r h,< • " of debt. The) provide housing and : > women students, Twenty-five th< sand dollars 9 lll «- borrowed funds will be applied to tin I n* nizing these buildin