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ATHLETICS

The President reported that he had been unable to reach an agreement with Coach Art Guepe
concerning a three-year football contract, and he requested instructions from the Board. Whereupon,
it was resolved that Art Guepe be offered a contract for three years at $9,000 for the first year,
with an annual increment of $250 per year, and that he be given authority to employ his own assistants
from year to year, subject to the approval of appropriate authority.

On motion the meeting was then adjourned.