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Phil at Jul 10, 2023 09:45 AM

209

Special Meeting
December 20, 1958

Center in the sum of $1,142,000 have been raised or provided for.

In view of the statement from the University of Nebraska Foundation that firm pledges in the sum of $1,011,880 are in hand and in view of the authorization for the issuance of revenue bonds in the sum of not to exceed $350,000 the following action is now taken by the Board of Regents.

Authorize Chancellor to certify that Board has funds available to be used with grant from Kellogg Found. for Center.

It was moved by Regent Greenberg, seconded by Regent Elliott, motion put to vote and carried, authorizing and directing the Chancellor of the University of Nebraska to certiy to the W. K. Kellogg Foundation, Battle Creek, Michigan, that the Board of Regents guarantees to the Kellogg Foundation that funds in the amount of $1,142,000 will be available to be used with the grant made by the W. K. Kellogg Foundation in the sum of $1,500,000, thus creating a total figure of $2,642,000 for the construction and equipping of the proposed Nebraska Center for Continuing Education to be constructed on the College of Agriculture campus of the University of Nebraska.

Resolution for sale of farm in Orinda Johnson Estate

RESOLUTION

WHEREAS, under the provisions of the Last Will and Testament of Orinda M. Johnson, deceased, duly admitted to probate, and deceased, in said Will, under ITEM XXXV thereof, gave, devised and bequeathed to the Board of Regents of the University of Nebraska, in trust, all of the rest and residue of her estate, and

WHEREASW, the following described real estate was a part of the residue of the estate of said deceased,

209

Special Meeting
December 20, 1958

Center in the sum of $1,142,000 have been raised or provided for.

In view of the statement from the University of Nebraska Foundation that firm pledges in the sum of $1,011,880 are in hand and in view of the authorization for the issuance of revenue bonds in the sum of not to exceed $350,000 the following action is now taken by the Board of Regents.

Authorize Chancellor to certify that Board has funds available to be used with grant from Kellogg Found. for Center.

It was moved by Regent Greenberg, seconded by Regent Elliott, motion put to vote and carried, authorizing and directing the Chancellor of the University of Nebraska to certiy to the W. K. Kellogg Foundation, Battle Creek, Michigan, that the Board of Regents guarantees to the Kellogg Foundation that funds in the amount of $1,142,000 will be available to be used with the grant made by the W. K. Kellogg Foundation in the sum of $1,500,000, thus creating a total figure of $2,642,000 for the construction and equipping of the proposed Nebraska Center for Continuing Education to be constructed on the College of Agriculture campus of the University of Nebraska.

RESOLUTION

WHEREAS, under the provisions of the Last Will and Testament of Orinda M. Johnson, deceased, duly admitted to probate, and deceased, in said Will, under ITEM XXXV thereof, gave, devised and bequeathed to the Board of Regents of the University of Nebraska, in trust, all of the rest and residue of her estate, and