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Caption: Board of Trustees Minutes - 1920
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282 BOARD O F TRUSTEES [March 15, that building as at January 31. That statement indicated that if the cost of the building did not exceed $417,000.00, the amount to be provided from University funds for the biennium 1919-1921 would be about $77,000. I t appears, however, that this estimate of the total cost will probably be exceeded by at least $20,000 if the expected plans for the building are carried out and the building complete finished. The amount necessary to provide therefore in the general budget for 1919-1921 would be $100,000 which would be payable from the expected appropriation of $200,000 from the State Mill Tax. In my opinion, it is highly desirable that the building be completed, and at as early a date as reasonably possible. I would therefore suggest that authority be given for the awarding of additional necessary contracts, as suggested by the Supervising Architect, and than an appropriation of $100,000 or so much thereof as may be necessary, be made from funds for 1919-1921, to complete the building. Cordially yours, LLOYD MOREY (d) Letter from Professor White. March 12, 1919 President E. J, Jamws DEAR S I R : We are tabulating below the funds expended, the encumbrances, and additional sums to complete the Smith Memorial Hall. We are also giving the funds available according to the last Comptroller's Report: Total expended to date (approx.) $200,000.00 Encumbrances 105,000.00 Additional to complete 135,000.00 $440,000.00 Funds Available Comptroller's Report—Jan. 31, 1919(approx.) Farm in Champaign County not sold Additional funds necessary to complete Additional funds necessary to complete 310,000.00 30,000.00 $340,000.00 100,000.00 $440,000.00 While we have marked these figures "approximate" they are within $100.00 in each case of the proper values. Yours truly, JAMES M. W H I T E Supervising Architect By C. A. PETRY The President of the University was authorized to have the Music Building completed as soon as possible.
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