7



struction work incident to completing the eighteen (18) suspended
family dwelling units at a cost of Q66,460, less certain undetermined
credits.

     He stated that the federal government would make available from
surplus pro-perty some of the furniture needed in the apartments and
that the difference between the contract price with the construction
company and the maximum reimbursable contract price with the Public
Housing Administration would be used to purchase any additional
furniture required.

     He stated that the contract had been approved by the Attorney
General and recommended the apnroval of same by the Committee.

     After a general discussion, and upon motion duly made, seconded
and carried, the President was authorized to execute the contract on
behalf of the University of Kentucky and a copy was ordered filed with
tho Comptroller.


I. Construction Contract with W. T. Congleton ComQ  "Y, Inc. for
    ComDleting Eighteen Units in Shawneetoiwn,

    President Donovan submitted contract between N, T. Congleton
Company, Inc., of Lexington, Kentucky and the University of Kentucky.
He read the following letter from the Comptroller recommending a.?,roval
of the contract.

                                    November 13, 1947

     Dr. -. L. Donovan, President
     University of Kentucky


     Dear President Donovan:

         I submit hereto contract between W. T. Congleton Company,
     Inc., of Le::ington, and the University of Kentucky for the
     completion of eighteen family dwelling units in Shawneetown at
 ,  a lumop sum of 464,200.00. This contract is drawn so as to make
    the invitation to bid and the proposal of Wor. T. Congleton Company
    a part of the contract. We have a contract with the Public
    Housing Administration for the completion of these eighteen units
    at a maximum reimbursable amount of ,`69,000,00.

         Members of the Executive Committee have, by telephone,
    approved the execution of this contract, and I suggest that it
    be submitted to the Executive Committee at its meeting on
    November 21st for aDoroval and ratification of the action of the
    Comptroller in executing the contract under date of November 13,
    1947.

                                    Sincerely yotvrs,

                                 /s/ Frank D. Peterson
                                    Frank D. Peterson, Comptroller