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PIEDMONT FACULTY RESIDENCE BIDS
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PIEDMONT FACULTY RESIDENCE BIDS

President Darden discussed the progress of plans for construction of the final
group of seven faculty houses at "Piedmont" for rental to lower ranking members of
University faculties. The President endorsed the Comptroller's recommendation that
the contract be awarded to the firm of R. E. Lee & Son, whose low bid of $115,152
was only slightly higher than Mr. O'Grince's estimate, and substantially lower than
the other bids, which had ranged from $122,939 to $132,000.

The Board resolved that the President be authorized to proceed to contract
with R. E. Lee & Son for this construction.