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Caption: Board of Trustees Minutes - 1920
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1919] UNIVERSITY OF ILLINOIS FUNDS AND APPROPRIATIONS FOR MUSIC BUILDING January 31, 1919 281 /. Expended Disbursements: From proceeds of sales of farms From University funds Contracts outstanding Total, January 31,1919 $ 37,450.00 136,567.72 $174,017.72 62,274.09 $236,291.81 2. Estimates of Additional Costs Estimated total cost of building and furnishings, not including musical instruments, as per Supervising Architect's letter of Jan. 28 Expenditures as per 1 Estimated additional cost $417,495.85 236,291.81 $181,204.04 3. Estimates of Funds Available and Required Disbursements to January 31, 1919 Balance in Budget Appropriation for 1918-1919 Estimated additional proceeds: From sales of farms: Fisher (sold) $ 63,591.00 St.Joseph (sold) 48,000.00 Champaign 30,000.00 Estimated surplus from operation of farms Balance to be provided from University funds for 1919-1921 Total Estimated Cost (c) Letter from the Comptroller. $174,017.72 20,308.77 $141,591.00 4,000.00 77,578.36 $417,495.85 February 13, 1919 President Edmund J. James M Y DEAR PRESIDENT JAMES: Referring to the Supervising Architect's letter of February 11, regarding funds for the Smith Memorial Music Building, I beg to say that so far as funds for the present year are concerned, it is my opinion that we can meet all cash requirements on account of contracts now placed or which may need to be placed on this building to June 30,1919. I understand that of the necessary additional contracts to be placed, a very considerable amount would not call for payments until after that date. As to letting over of contracts to complete the building, I call your attention to my letter of February 5 transmitting a statement of funds and appropriations for
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