I recommend that approval be given to increase the
estimated cost of the building, including vaults and ele-
vator, from $353,152.80 to $375,398.80 -- this figure to
represent the basic building cost for the architects' fee,
The actual contract construction cost was let for $424,112.00.
(Signed) Frank D. Peterson
After general discussion concerning cost of the building, what
is known as basic building cost, and the necessity for increasing the
size of the building as enumerated, upon motion duly made, seconded
and carried, the increased cost was approved and ratified, and the
Comptroller was directed to process the necessary papers to pay the
architect a fee of 3% for plans and specifications for the addition,
and to include in the contract for supervision the total basic build-
G. Cubic Cost--Fine Arts Building.
President Donovan read the following letter from Brock and
Johnson, architects for the Fine Arts Building, correcting an error
in statement carried in the press and mimeographed sheet of facts,
concerning the cubic content and cubic cost of the Fine Arts Building.
RE: FINE ARTS BUILDING
UNIVERSITY OF KEWTUCKY
We wish to call to your attention a mimeographed copy
entitled "GENERAL FACTS ABOUT THE FINE ARTS BUILDING" which
was used during the dedication of this building.
The opening paragraph reads as follows:
"This is a building especially designed to house art,
music, drama and speech ... 1,085,000 cubic feet at a
cost of $1,380,000.00".
According to this statement, it appears that the building
cost $1.27 per cubic foot. The cubage figure of 1,085,000
cubic feet is a net cubage and does not include walls, roofs,
floors, furred spaces, attic spaces, crawl spaces, entrances,
parapets foundations, footings, etc.