# LCMS Convention Proceedings_St. Louis Missouri_1956_S239 # Machine transcription, uncorrected — CHI Digital Archive (demonstration) eas Srewteteahad iets ke Poi ease eect ert es Ij steimaysatomenstitsa: 238 SEMINARIES AND COLLEGES item of $1,675,000 for capital fund outlay for the benefit of Synod’s colleges and seminaries. Early in its study, the Survey and Findings Committee re- quested the Board for Higher Education to solicit from Synod’s colleges and seminaries a five-year projection of the capital investment needs foreseen by the several institutions. The Board for Higher Education meanwhile also invited the Boards of Control of Synod’s institutions to survey their plant-development needs on the basis of a refined and detailed procedure of campus and plant study and urged them to secure carefully revised estimates for the projects Previously proposed or approved, since the esti- mates furnished to Synod were originally made in 1951 or early 1952 and, in some cases, already in 1949. The gross total of these requests, submitted by Synod’s colleges and seminaries under the regulatory provisions of synodical Handbook 6.147, is in excess of $21,500,000. Of this amount, upon recommendation of the Board for Higher Education, the Board of Directors has authorized projects totaling $1,675,000 as undertakings in fiscal 1956. Synod has for many years followed the practice of requiring resubmission of requests for projects which cannot be put under way in the triennium after they are approved and authorized. In the comprehensive listing (pp. 178—80), items marked with an asterisk (*) were approved in whole or in part in 1953 or earlier but have not been carried out because capital funds for them have not been made available in the triennium which has just drawn to a close. To establish an adequate basis for analysis and evaluation of the varied requests, the Board sought to classify each project on the basis of the major campus function or functions to be served and achieved by the project. These principal functions are grouped under these headings: I. To preserve, protect, modernize, or improve existing facilities. Sound stewardship of Synod’s extensive capital investment in its campuses (as well as in other operating areas, such as missions) makes mandatory the unending concern for safeguarding the existing investment, for providing for the exercise of preventive maintenance, for securing the maximum desirable utilization of the existing plant, for systematic modernization to counteract obsolescence, and for sustained and improved use. Il. To reach a balanced campus development. Only in the single instance of Concordia Senior College has it been possible for Synod to plan for, and to carry out, a complete plan for a balanced plant. Commonly the practice has been to begin with limited facilities, to add a building here, to modify op the lez tu: ins I of th: IV he ac TI of pr by th in Bi (1 tir 1¢ to tk p) al ol ~ Se ol