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Show 79L Utah before June 39, 1949, was discussed, the thought being that if the funds were not thus transferred they might lapse or be appropriated by the Board of Examiners fer other in» stitutionse Bererring to the building program recently adOpted ' by the Board of Regents (minutes April 11, 19&9) the Prasident reported that there now appears to be a legal question on the use of funds from the Reserve Building Fund and from the pro- 7 fits or Carlson Hall for the eoaetraetien or new dormitories . since the courts had, held that a debt was arcated against the State where any income from an misting plant was usedto .mtire bonds issued as an obligation of‘ a self-aliquida'ting projecte I e . V ‘ ' (Letters from Chapman and Cutler and E. Jo Prescott c°o filed) 1 The President presented two ‘7 letters from Haber ' Bennion', Jr. Secretary, State Board of Examiners, dated Oct» eber 15, 191.3 and December 20, 191.3, to show the present status of the Reserve Building Fund as it relates to the "his ‘ 'versity of Utahe It appears that all of the $1,250,000" pro- vided bylaw has been set aside for the wiversity, but only $400,000 definitely assigned to projects. ' Threeefour-ths of this assigned amount was for designing or drawing plans for laboratory buildings including a medical science buildings One wing of the building was to be erected as a Cancer research building with 51.16.000 appropriated from 0.5,, Public Health , Service on recommendation of National Cancer Councilo With- 7 |
