Repository: UIHistories Project: Board of Trustees Minutes - 1918 [PAGE 648]

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642

BOARD OF TRUSTEES

[February 16,

adjustment for the expense of reconstruction will then come up for discussion, the basis of the settlement being the value of the reconstruction to the University during its period of occupancy and the value of the reconstruction to the Y. M. C. A. at the date of re-occupancy by it. V. The University will furnish to the Y. M. C. A. during the period of the operation of this contract the building on the campus known as the oM President's House for quarters, together with heat, light, water, and •maintenance of said building,

LLOYD MOREY

Comptroller Professor White and Dean Kinley both made somewhat different suggestions, but they are not very far apart on the essential features. At %e request of the Comptroller of the University, Messrs. J. W. Stipes, J. N. Be^rs, and S. K. Hughes, of Champaign, inspected the property on February 6, 19.18, and estimated its present value as follows: Building, $105,000, grounds, $25,000, total $130,006, not including the value of the equipment other than heating, lighting, and plumbing. I desire again to call the attention of the Board to the fact that this whole arrangement with the Federal Government is a precarious one, for the Government has not promised to continue the School at the University for any given period, and the presumption is that it would be immediately closed in case of a conclusion of peace, and may be closed or removed at any time by the War Department for any reason which seems to it good. It is the opinion of Dean Kinley and the Comptroller however that if the School should remain at its present size for a period of two years under the present arrangements with the Government, it would be possible for the University to make ends meet without any serious loss to. the institution, but the University is running a risk under present conditions which might embarrass it financially. Our duty* it seems to me, is plain, that having once undertaken to do this work, we should do it well and trust to the Federal Government to pursue a proper course in its dealings with the University, and above all that we should do everything we can to assist in a victorious conclusion to the present war. I am adding an analysis of expense by months in the c^jaduct; of the School of Military Aeronautics (This does, not include the mess halls, and includes only a small part of the items for reconstructions) ; also a distribution pi expeft.se by departments of the School of Military Aeronautics; also a typical statement of income and expense of No. 1. Mess Hall (Y. M. C, A. building) for the month of January, 1918, and a statement of iaco&ie and, expense for No. 2. Mess Hall. (Woman's Residence Hall) to January 31, i%0. In none of these statements however is included a$y, estimate %o$ rent or overhead charges, both of which should be included in order"- to state property the expense of the mess.