Repository: UIHistories Project: Board of Trustees Minutes - 1938 [PAGE 152]

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150

BOARD OF TRUSTEES

[January 29

2. American Dry Milk Institute, Inc., investigation of milk solids, for one year from January 1, 1937. The original agreement, as previously extended, will expire July I, 1937, but due to a delay in getting the work under way, the investigation will not be completed by that date. The Institute has previously agreed to contribute $1,050 quarterly (beginning July 1, 1936) and will continue supporting the investigation at this rate. 3. Phenolphthalein Research, Inc., for scientific experimentation and clinical research in phenolphthalein to determine therapeutic values, uses, and effects, one year from January 1, 1937. This was originally authorized by the Board on November 27, 1935 (Minutes, page 480). The Company will contribute an additional $7,500 for this work, payable quarterly. O n motion of M r . Williams, the extension of these agreements was approved. BIENNIAL BUDGET FOR 1 9 3 7 - 1 9 3 9 (17) Following over a year's detailed consideration and study of the University's needs for the biennium of 1937-1939, first by the University Advisory Council (consisting of the deans, directors, and other officers), then by the President and the Board of Trustees, the Board on October 26, 1936 (Minutes, page 101), adopted a preliminary budget which was submitted to the State Department of Finance before November I, 1936, as required by law. Classified according to the provisions of the State Finance Act the budget is as follows: Salaries and wages..._ $ 8 330 000 Office expense and printing 240 000 Travel 60 000 Operation I 000 000 Repairs, equipment, and minor improvements I 064 200 Cook County Agricultural Experiment Station 20 000 Interest on endowment fund 64 902 Reappropriation of Federal funds 295 530 Capital additions (see recommendations concerning building program, page 151, for itemization) I 625 ooo1 University revolving fund from student fees, sales, and miscellaneous income 3 450 000 Total $16 149 6321 REPORT OF SPECIAL COMMITTEE OF T H E COUNCIL ON A LONG-TERM BUILDING PROGRAM FOR T H E UNIVERSITY The University Council began a study of problems relating to the budget of the biennium 1937-1939 in December, 1935. At that time it was obvious that a major problem presented itself with respect to needed additional building and other capital additions. At the recommendation of the Council the President appointed the following committee to make recommendations concerning a policy for a long-term building program: Professor H. T. Scovill, Chairman, Provost Albert J. Harno, Director P. L. Windsor, Dean R. D. Carmichael, Director C. S. Havens. That committee from time to time throughout the past year has submitted reports of progress and on December 24, 1936, submitted its complete and final report, which is included herein. (The full report is filed with the Secretary for record). The committee in its work received proposals from the various departments of the University covering 58 items of new buildings or additions to buildings and acquisitions of various parcels of land. A composite list of these requests and proposals is included in the committee report (see Exhibit A ) .

•As amended by action below, building item is $1,875,000 and total is $16,399,632.