| Description: | The Board of Visitors met on this date for a called meeting at 3:00 p.m. in the Office
of the President of the University, at Charlottesville, with the following present. Rector Charles
R. Fenwick, and Visitors Blanton, Camp, Cross, Faulconer, Hobbs, Johnson, Kendig, Kuykendall,
Lantor, Montague, Parrish, Rogers, and Walker, Absent: Visitors Lewis, Wilkerson, and Williams
Comptroller Vincent Shea was also present. RESOLVED by the Board of Visitors of The Rector and Visitors
of the University of Virginia that the Comptroller be and he is
hereby authorized to enter into an agreement with Associated
Universities, Inc. for the construction of a building by the
University from current funds to house the headquarters staff of
the National Radio Astronomy Laboratory at a cost not to exceed
$750,000, the cost to be amortized in 5 years at an interest
rate of 4 1/2 per cent, and |