 | Board of Visitors minutes December 4, 1933 |  |
A called meeting of the Rector and Visitors was held on this date at 11 o'clock with
the Rector, Fred W. Scott, and Visitors Garnett, Munford, Rinehart, Stuart and R. C. Williams,
and President Newcomb present.
The special purpose for which the meeting was called was to consider making application
to the Federal Works Administration of the Federal Government for a loan and grant for
the erection of a private ward at the University Hospital. The Committee, appointed at the
last meeting of the Board to consider the matter met on the evening of December 3, with
Rinehart and R. Gray Williams present, together with Dr. Flippin, Dean of the Medical Department
of the University, Dr. Lentz, Superintendent of the Hospital, Dr. Neff and Dr. Goodwin
of the Medical Staff, considered the matter.
The Committee unanimously recommended to the Board that application be made, and
moved the following resolution which was unanimously adopted:
Be it RESOLVED that,
1. For a number of years past this Board and the officers of the University
have recognized the urgent need for a building, properly designed and of adequate
size, to take care of a certain class of private patients in the University
Hospital; the building now in use by the Hospital being entirely inadequate.
2. In view of this fact, we are of the opinion that the provision of an Act
of Congress of the United States, known as the National Industrial Recovery Act,
approved on June 16, 1933, and any acts amendatory thereof and supplemental thereto,
taken in conjunction with the provisions of an Act of the Legislature of Virginia
known as Chapter 49, approved by the Governor on September 12, 1933, which acts
taken together provide a means whereby the erection of such a building as we need
may be economically and practically financed shall be taken advantage of in order
that the required fund may be obtained with which to supply this urgent need.
3. We therefore propose to issue the bonds of this Corporation to the
extent of $190,697.00, which shall bear interest at the rate of 4%, said interest
to be paid, said bonds to respectively mature, and such provision for the amortization
of said bonds to be fixed in strict accordance with the provision of
the Acts above referred to.
4. In order to provide for the payment of principal and interest of said
bonds, and the cost of issuing same, this Board will hereafter, by proper
resolution, pledge a sufficient part of the revenue and receipts to be derived
either directly or indirectly from the operation of this private patient pavilion,
and a specific sum from said source shall be specifically set apart to be applied
not only to such payment of principal and interest, but to the maintenance and
operation of said private patient pavilion, and specific provision will be made
covering all said requirements of either or both of the Acts above referred to in
so far as said Act or either of them may bear upon the specific project in view.
5. The President and a Committee from this Board are hereby requested to
submit a copy of this resolution to the Governor requesting that he signify his
consent to the plan expressed therein, and if the Governor approves said plan, the
President is further requested to have prepared and submitted to this Board, at
its next regular or special meeting, a detailed plan for the issuance of said
bonds and the payment thereof in accordance with the terms of the Acts above
referred to.
The President read a letter from the City Manager of the City of Charlottesville
requesting that University to donate a strip of land 12 feet in width along the south side
of University Avenue from the University gateway to the West Range Road for the purpose of
widening said avenue. The matter was considered, and it was agreed that the President
should get the opinion of the State Highway Commissioner as to the need for increasing the
width of said avenue along the front of the University's property, and also the opinion of
the Attorney General as to the power of the University to make such grant.
The meeting then adjourned.
Rector.
Secretary.
| Board of Visitors minutes December 4, 1933 | |