MINUTES OF THE MEETING
of the
BOARD OF TRUSTEES
February 7, 1964
Mr. Varner reported that an anonymous donor is willing to
provide $825,000 in exchange for Oakland University's bonds
to bear interest at the rate of 4 1/4 %. These bonds are to
be cancelled upon the death of the donor and at that time
treated as a gift to the University. Attorney Lee Carr has
been negotiating final arrangements with the attorney for
the donor. This money is to be used to cover the cost of the
dormitory now under construction. The donor suggests that
this dormitory be known as Hill House.
On motion by Mr. Harlan, seconded by Mr. Huff, it was
voted to approve these arrangements and to authorize Mr.
May and Attorney Carr to complete the appropriate financial
arrangements.
Chancellor Varner recommended that with the acceptance of
the arrangement with the anonymous donor the $100,000 grant
from the Pryale Foundation which was to have been used as
a partial financing for the dormitory now be released and,
with the approval of the Pryale Foundation, this fund be used
for the construction of the Meadow Brook Festival facility.
This amount plus the grant of $35,000 previously accepted
will cover the cost of the concert shell with a roof for the
audience and the essential facilities. The use of these Pryale
Foundation funds will necessitate an annual charge of $4500
as long as the Pryales live to be charged to the annual operating
budget of the Meadow Brook Festival.
On motion by Mr. Harlan, seconded by Dr. Smith, it was
voted to approve this recommendation.
Resignation of Thomas M. Coppe as Assistant Librarian effective
January 31, 1964.
Transfer of Frederick W. Obear from Assistant Professor of
Chemistry at $8,000 to Assistant Professor and Associate Dean
of Students at $10,000 effective September 1, 1964.
Salary changes:
Jewel Bird from $5880 to $6060 effective January 1, 1964
Mary June Matthews from $6500 to $7000 effective January
1, 1964
Robert J. McGarry from $9000 to $9300 effective January
1, 1964
Edward Goodwin from $8000 to $8300 effective December 1,
1963
David H. Jones from $8700 to $9000 effective December 1,
1963
Gifts to the scholarship fund:
$100 from the Citizens Scholarship Foundation of Livonia
$250 First Congregational Church of Wayne
$375 Mrs. Elizabeth H. Gossett of Bloomfield Hills
$165 Women's National Farm and Garden Association, Holly
Branch
$50 Daughters of the American Revolution of Birmingham
$500 Mr. and Mrs. R. A. Armstrong of Pontiac
$1,000 Detroit Bank & Trust Company of Detroit
$500 Mr./Mrs. Jack W. Haupt of Clarkston
$1,500 Mary Louise Johnson Foundation of Detroit
$4,500 Macomb Town Hall, Inc. of Mount Clemens
$500 Marion L. Scott of Mount Clemens
$160 J. Walter Thompson Company of New York City
$324 George A. Wasserberger of Pontiac
$500 Elizabeth M. Wilson of Mount Clemens
$419.50 Women's National Farm and Garden Association of
Lansing
Gifts and Grants:
$500 Alfred C. Girard of Pontiac for the Discretionary Gift
Account.
Grant of $40,000 from the C. B. and Lula B. Wilson Trust
Account, National Bank of Detroit, to be used under the direction
of D. B. Varner as follows: $5,000 for the Oakland Tutorial
Program, and $35,000 for construction of the Concert Shell.
$40 from Mrs. William H. McGaughey of Bloomfield Hills to
be used under the direction of Gary Beeman in the Student
Activities Office for the Fine Arts Festival.
Grant of $500 from Theodore 0. Yntema of Dearborn to be used
under the direction of D. B. Varner for speakers for the Music
Room.(p.155)
Additional pay:
| |
Continuing Education |
|
| |
Walter Collins |
$12.50 |
| |
John Beardman |
600.00 |
| |
Leonard Chisholm |
300.00 |
| |
David DiChiera |
280.00 |
| |
Robert Facko |
200.00 |
| |
James Haden |
280.00 |
| |
Priscilla Jackson |
200.00 |
| |
Helen Kovach |
240.00 |
| |
Richard Quaintance |
25.00 |
| |
Robert Simmons |
260.00 |
| |
Carman Urla |
160.00 |
| |
|
|
| |
Information Services |
|
| |
Mondine McNeil |
$150.00 |
| |
|
|
| |
Oakland County Manpower Project |
|
| |
Robbin Hough |
490.00 |
| |
Mary Isbel |
61.50 |
| |
John Maher |
660.00 |
| |
Nat Simons, Jr. |
236.00 |
On motion by Dr. Smith, seconded by Mr. Pingel, it was
voted to approve all Oakland University items.(p.156)