# LCMS Convention Proceedings_St. Louis Missouri_1926_S83 # Machine transcription, uncorrected — CHI Digital Archive (demonstration) Ey. Luth. Synod of Missouri, Ohio, and Other States. 1926. 83 * adopted, yet to do this with minimum maintenance cost and under the appropriation, was the task which the Committee resolutely set itself to perform. One building listed in the appropriation of 1928 was not erected. The building of a hospital was postponed, due to the fact that we found the maintenance cost very high, and we were not convinced that our students would be benefited in proportion to this expensive up-keep. The Tower and the monumental Entrance were not included in the appropriation. The plans called for a temporary arcade, tying 4 up the three buildings which are joined at this point. We received E.. sufficient extra gifts, however, to build the lower stage of the Tower and the Main Entrance; cost, $135,000. These accounts were investigated by a committee of the Board of Directors and proper , authorization made. The remainder of the Tower may be built when = sufficient private donations have been received for this purpose. ‘There is at this writing (May 25), after deduction of sums still due on contracts and estimated expense, an apparent balance of $43,494.32. There was available, in appropriations and special gifts, $2,635,000. Our contracts to date call for $2,211,974.69. There is . till due, on contractors’ accounts and on various items estimated, the sum of $394,348.70. The total cost, including Main Entrance and Reception-room, accordingly is $2,606,333.39. This leaves a balance of $27,776.61. By various balances and credits this sum is increased to $48,494.32. The sum of $4,375 is in suspense as probable refunds to contractors, leaving a net balance on the building operations for 1924—1926 of $89,119.32. The expenditures of the triennium included two items which properly do not belong under Building Fund expense. The topo- graphical survey of the grounds cost $5,530, and the alternate plan submitted in Fort Wayne at the request of the Board of Directors cost $5,754.31. This amount of more than $11,000 should properly appear in the unexpended balance, but was expended from the Building Fund rather than burden a treasury less able to bear it. The reductions made after the Fort Wayne convention not only brought our contracts in general below the estimated amounts, but left room for a number of very desirable changes and additional: improvements. Thus, for the landscaping necessary upon a raw piece of ground, such as our tract was in 1923, the sum of $6,000 was made available. For the installation of an auxiliary boiler, by which we are secure against certain emergencies in our heating-operations and by which we shall save considerable amounts in fuel during the fall 3