Repository: UIHistories Project: Board of Trustees Minutes - 1958 [PAGE 110]

EXTRACTED TEXT FROM PAGE:

1956]

UNIVERSITY OF ILLINOIS

IO7

of the new money is for adjustments of salaries and wages for necessary extension of existing programs of education and research, and some of it reflects increased operating costs. Building Program The complete report of the Building Program Committee was sent to all members of the Board of Trustees for their study in advance of the meeting. That part of the report which includes recommendations for the biennium for 1957-59 is included in the minutes below. A complete copy was filed with the Secretary of the Board for record. President Henry opened the presentation of this part of the budget by referring to the excellent work of the Building Program Committee under the chairmanship of Professor Norman A. Parker, Head of the Department of Mechanical Engineering. The President announced that subsequent to the study of the building program by the two committees of the Board, he has decided to recommend addition of the following: Plans and specifications for the Agronomy Unit of the Plant Sciences Building $ 200 000 Matching funds for federal grants for science and research facilities 1 000 000 Acquisition of a site for the Chicago Undergraduate Division I 250 000 Total $2 450 000 The addition of these items will make the building program total $35,674,000. Self Liquidating Projects. It is feasible to include in the Building Program for 1957-59 the following buildings which can be financed through bond issues and the assessment of a building service fee and which will require no direct state appropriation: Addition to the Illini Union Building (this has already been authorized by the Board) $ 5 000 000 Student Service Building (including the Health Service) 2 000 000 Auditorium-Gymnasium Building 5 000 000

$12 000 000

The President recommended that these projects be included in the building program for 1957-59, although not in the askings for state funds. It is estimated that the assessment of a student service fee of $20 per semester (this will apply only to students enrolled on the Urbana-Champaign campus) will provide sufficient revenues for the amortization of bond issues. Since this will be a service charge, the fee will not be assessed until the buildings are ready for use. Following this presentation, President Megran called for discussion by the Board of Trustees, in which all of the members present participated. M r . Livingston discussed the studies made by the two committees of the Board in which seven of the Trustees participated. H e called attention to the financing of the student housing program, funds for which come from a small amount of withholding from tuition fees, as authorized by law, and the balance from non-tax sources. H e pointed out that this method of financing can be extended to the self-liquidating projects proposed by the President of the University. At the conclusion of these discussions, M r . Livingston moved that the following operating budget and building program be approved and that the President of the University and the President of the Board be authorized to present these recommendations to the Department of F i nance, to the state administration and the Budgetary Commission. O n motion of M r . Herrick, M r . Livingston's motion was amended to include the Chairman of the Finance Committee in the presentation of the budget and building program to the state administration. This motion, as amended, was adopted by the following vote: Aye, Mr. Bissell, Mr.