# LCMS Convention Proceedings_St. Louis Missouri_1953_S129
# Machine transcription, uncorrected — CHI Digital Archive (demonstration)

SEMINARIES AND COLLEGES 129

the institutions, your Board is including an account-
ds expended for projects approved by the Milwaukee
d a listing of items which could not be completed
ppropriations made available from the “Conquest for
g. Synod will wish, no doubt, to assign first priority
ects since they have already received official approval.
joint meeting on September 23, 1952, the Board of Di-
med the Board for Higher Education that it would
lable a total of $7,800,000 (65% of $12,000,000) for use in
approved projects listed in the 1950 Proceedings.
was made subject to repayment of the advances au-
the Milwaukee Convention and to prepayments al-
“Conquest for Christ” funds by the Board of Directors

dvances to complete the “Building for
row” projects:

ar Reserves nance ~ $ 270,000.00
y loans (advanced from available balances) ._.. 172,782.52
$1,042,782.52
Excess cost over estimate _.0 $ 2,697.21
. Parking lot 2... 2, 290.00
1e. Convert residence to dormitory 20,000.00
ne. favipment a 4,278.00
Plaftering _ - 17,962.00
id... Residence _.. . 20,000.00
-Luther Hall _ . 3,300.00
Four lots —— . 2,800.00
ene 17,609.48
nn ne nner cece cee renennnneneeeneee 2,500.00
Forest. Off-campus residence _.. 20,000.00
: mest. + Off-campus multiple-unit_
: wanna 45,000.00
- 14,283.41
annonce nee ~ - 53,899.86
penne eee 57,672.43
Building 6,199.78
‘Equipment _... 10,099.50
x ‘Converting to city electricity - 18,000.00
: dormitories __. - 28,000.00
Convert residence 2,625.18
349,176.85
. $1,391,959.37
available for allocation to remaining projects:
$7,800,000.00
1,391,959.37
$6,408,040.63

basis: of new estimates of current costs, received from
ons, the Board realized that it would be impossible to