| |
| |
Caption: Book - 30 Year Master Plan (Tilton & O'Donnell)
This is a reduced-resolution page image for fast online browsing.
EXTRACTED TEXT FROM PAGE:
CHAPTER VIII PRESIDENT KINLEY'S TEN-YEAR BUILDING PROGRAM (1920) under the inspiration thus gained -*• for a greater University, set about with reasonable moderation but with full determination to start their building program. There was a ray of hope ahead, in the proposed ten-year building program fostered by State officials for State institutions, in which the University rightfully expected to receive generous consideration. President Kinley proposed to finance the University's part of such a program by asking the General Assembly to appropriate $10,500,000 each biennium over a ten^year period. Of the first appropriation, $2,500,000 would be used for buildings and a successively smaller amount each year following, which would permit a regular annual increase in the operating budget. The amounts available for buildings for each of the five bienniums under this plan would have been: First iS; $2,500,000.00 Second. &&*'* a,000,000,00 Third .U 1,500,000.00 Fourth .i> 1,000,000,00 Fifth 500,000.00 / - | - \ H E BOARD OF TRUSTEES, The vetoing of $1,500,000 the first biennium prevented a quick return to normal space conditions for the greatly increased student group, but the strategic advantage of the plan soon became evident, and not only were succeeding appropriations not vetoed, but the amount cut off in 1921 was added in 1929% The members of the Legislature recognized the soundness of the plan and appreciated knowing for some time ahead what the University's requests would be. 97
| |
