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Show 341 necessary to finance the project could be taken from ASUU reserve funds, Regent Latter opposed the idea, pointing out that it would take work from downtown business concerns and that the school press should not operate as a competitive agency with tax-paying enterprises, Following a brief discussion, Regent Bamberger moved that the question be referred to a committee for study and a report. Regent Latter seconded the mo- tion which carried, Chairman 0"Connor appointed the Executive Committee to cover this assignment and report to the Board at the next meeting, President Olpin reported he had received a pre- liminary report from Professor Gail Plummer, Man- ager of the Summer Festival, showing that expenses will total approximately $49, 000. REPORT ON SUMMER FESTIVAL The income from the Festival is $47, 771, leaving an estimated deficit of approximately $1200., Regent Adam S, Bennion moved that the Board extend commendation to those in charge of the pro- ject, Motion was duly seconded and carried, BOARD EXTENDED IN- The President extended an invitation to the VITATION ' TO VISIT Board members to visit the Atomic Energy Labor- ATOMIC ENERGY atory Building on the upper campus for an LABORATORY |