Repository: UIHistories Project: Board of Trustees Minutes - 1936 [PAGE 405]

EXTRACTED TEXT FROM PAGE:

1935]

UNIVERSITY OF ILLINOIS

403

make a further report except one of progress. T h e Committee is continuing its canvass of available surgeons who might be considered for this appointment and expects to make a further report the latter part of 1935 or early in 1936. In the meantime, the Committee is of the opinion that since the men who should be considered have in all probability obligated themselves for the academic year 1935-36 in their respective universities, and therefore are not immediately available, it would serve the best interests of the College of Medicine to make a more thorough canvass than would have been possible if a report were forthcoming at this time.

On motion of Mr. Mayer, the President of the University was requested to submit at the next meeting of the Board the further recommendations of the Committee as requested by the Board at the July meeting.

APPROVAL OF APPLICATION FOR FEDERAL F U N D S FOR T H E MEDICAL A N D DENTAL COLLEGE LABORATORIES BUILDING (16) The State Director for Illinois of the Federal Emergency Administration of Public W o r k s has reported that the Public W o r k s Administration in Washington has approved the application of the University of Illinois for funds for the construction of the second unit of the Medical and Dental College Laboratories Building on the basis of a grant of thirty per cent of the cost of the building (exclusive of equipment) and a loan of seventy per cent of the cost of the building. It was necessary to leave out the laboratory equipment in order to bring the labor cost within the required figure of $1,011 per man-year. If this second unit is constructed it will be necessary to increase the heating plant facilities of the group of buildings operated by the University and the Department of Public Welfare. T h e Director of the Physical Plant Department reports that the University's share of the total cost of this may be $50,000, the balance of the cost to be borne by the Department of Public Welfare. The financing of the construction of this second unit is estimated as follows: Estimated cost Building Equipment Increase in heating plant facilities Total $1 220 000 180 000 50 000 $1 450 000 366 000 854 000 230 000

Plan of financing Grant from Federal Government 30% of cost of b u i l d i n g . . . . $ Loan from Federal Government 70% of cost of building for 30 years at 4% with an annual amortization, including interest, amounting to $49,000 University funds necessary for equipment and heating plant Total

$1 450 000

This report was received for record.

SUPPLEMENTARY FEDERAL F U N D S FOR AGRICULTURAL EXPERIMENT STATION (17) Under the provision of the Bankhead-Jones Act, recently passed by Congress, the University of Illinois will receive $21,250.45 for research work by the Agricultural Experiment Station. This is in addition to the supplementary funds for extension work in agriculture and home economics. T h e Director of the Agricultural Experiment Station recommends that