 | Board of Visitors minutes December 14, 1963 |  |
RENTAL CHARGES FOR COPELEY HILL APARTMENTS
The President reported that the resolution authorizing the issuance of $1,200,000, The Rector
and Visitors of the University of Virginia Student Apartment Buildings Revenue Bonds, which was
adopted by the Board on 29 September 1962 (Minutes, Board of Visitors, University of Virginia, No. 12,
29 September 1962, pp. 353-360), requires the Board to fix, charge, and collect fees, rents, and
charges in such amounts as may be necessary to provide the funds necessary to support the operating
expenses of the project and to amortize the bonds
Accordingly, the President proposed and the Board adopted the following resolution
RESOLVED by the Board of Visitors of The Rector and Visitors of the University of Virginia that
the rental charges per month for the Copeley Hill Apartments be and they are hereby established as
set forth below, effective 1 September 1963
| One bedroom apartment | $73.00 |
| Two bedroom apartment | 87.00 |
| Three bedroom apartment | 95.00 |
| Board of Visitors minutes December 14, 1963 | |