Caption: Board of Trustees Minutes - 1940
This is a reduced-resolution page image for fast online browsing.
EXTRACTED TEXT FROM PAGE:
8 BOAED OF TRUSTEES [July 15 "A Resolution Accepting the Offer of the United States to the Board of Trustees of the University of Illinois to Aid by W a y of Grant in Financing the Construction of a Student Center Building" was proposed by Dr. Meyer and read in full: RESOLUTION No. 1 A RESOLUTION ACCEPTING THE OFFER OF THE U N I T E D STATES TO THE BOARD OF TRUSTEES OF THE UNIVERSITY OF ILLINOIS TO A I D BY W A Y OK GRANT IN FINANCING THE CONSTRUCTION OF A STUDENT CENTER BUILDING Be it resolved by the Executive Committee of the Board of Trustees of University of Illinois SECTION I . That the offer of the United States of America to the Board Trustees of the University of Illinois to aid by way of grant in financing construction of a Student Center Building a copy of which offer reads follows: FEDERAL EMERGENCY ADMINISTRATION OF PUBLIC W O R K S the of the as Washington, D. C. Dated: June 28, 1938 Docket No. 111. 1745-F Board of Trustees of the University of Illinois, Urbana, Illinois. 1. Subject to the T e r m s and Conditions ( P W A F o r m No. 230, as amended to the date of this Offer) which are made a part hereof, the United States of America hereby offers to aid in financing the construction of a student center building at the University of Illinois, including improvement of the site (herein called the " P r o j e c t " ) , by making a grant to the Board of Trustees of the University of Illinois (herein called the "Applicant") in the amount of 45 per cent of the cost of the Project upon completion, as determined by the Federal Emergency Administrator of Public Works, but not to exceed, in any event, the sum of $450,000. 2. Anything in said T e r m s and Conditions to the contrary notwithstanding, the United States of America shall be under no obligation to make any payment or payments on account of the grant herein until the Applicant shall have deposited in the Construction Account (described in the said Terms and Conditions) its entire share of the estimated cost of the Project. 3. By acceptance of this Offer the Applicant covenants to begin work on the Project as early as possible but in no event later than 12 weeks from the date of this Offer and to complete such Project with all practicable dispatch, and in any event within 12 months from the commencement of construction. U N I T E D STATES OF AMERICA Federal Emergency Administrator of Public W o r k s By H. A. GRAY Assistant Administrator be and the same is hereby in all respects accepted. SECTION 2. That said Board of Trustees of the University of Illinois agrees to abide by all the T e r m s and Conditions relating to such grant, a copy of which T e r m s and Conditions were annexed to the Government's offer and made a part thereof. SECTION 3. That the Secretary of the Board and Clerk of the Executive Committee be and he is hereby authorized and directed forthwith to send to the Federal Emergency Administration of Public W o r k s three certified extracts from the minutes of this meeting showing the adoption and containing
| 
