The gamecock. (Columbia, S.C.) 1908-2006, February 12, 1982, Image 1
GAMECOCK
LXXIV, No. 81 University of South Carolina Friday February 12, 1982
* Board i
BY TOM COYNE AND SUSAN MUIR
Mou/< r/iin. %M?i ci>? u/^t?
The USC Board of Trustees unanimously
approved a 9.8 percent increase in the
residence hall fees yesterday.
At the Jan. 28 meeting of the StudentTrustee
Liaison Committee Richard Wertz,
vice president for Business Affairs and
,:a Residential Life Services said the increase
* was due to inflation and a dwindling reserve
fnnH
This -contingency fund is necessary to
cover unexpected repairs to the buildings
and air conditioning and heating systems.
John Beasley, a board member, said there
would be no additional employees because
Residential Life would continue programs
such as Watt-Watchers and others to absorb
energy costs, and to reduce increased
maintenance and telephone costs.
me Doara aiso approvea a $5 increase in
I g the health activity fee for 1982-83.
Beasley said the raise was justifiable
because it will be ther first raise in the fee in
five years.
"The health activity fee is still substantially
less than other competitive
campuses across the Southeast, Beasley
said.
William E. Whitney Jr., chairman of the
intercollegiate committee said the price of
tickets to next season's football games
^ would be increased by $2 in order to pay off
XW the stadium bond assessment.
B.A. Daetwyler, senior vice president for
business affairs said the board must pass a
resolution to pay off nine projects all of
which had been completed orwerenearlv
complete. The cost of these nine projects
Board Heai
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I 1 jK 1? : v
i
Tho RaarH nf Triistpj's hf>?rH 11!
status of the "Pit." The apprais;
Approves 9.8 Pe
was $5.35 million.
A t m 1 *1 -II
m uic ocpi. uuiti u met-iiiig a $IU million
bond issue was agreed upon by the board to
fund the expansion of the Williams-Brice
Stadium expansion project.
Daetwyler said because of the chaotic
market it has not been wise to sell bonds in
recent months. He said the university had
received a "very attractive" bond anticipation
note which their bond attorney
had worked out.
Daetwyler said the bond anticipation note
had an interest rate of 10.4 percent. The
bond anticipation note cannot exceed $12
million. Bonds are now selling on the
market at an interest rate of 14 percent if
they can be sold at all Daetwyler said.
R. Markley Dennis, chairman of the
board, said because the interest rate had not
yet been fixed for the bond anticipation
notes, a nrovision will hp maHp that at thp
time the rates are fixed,, members of the
board will be polled for approval.
USC President James Holderman said the
future of the budget had been agreed upon
by the governor and boards of higher
education. The universities will not attempt
to secure more money than recommended
by the state Budget and Control Board
unless the state economic outlook improved.
"We still hold out hope future revenue
projections will improve," Holderman said.
Hnlfiprrnon caiH ho tr? anniH o
tuition hike next year, at least for the first
semester.
"It will be the last resort, but it remains a
distinct possibility, Holderman said.
"Hopefully we can avoid it."
s Counsel On 'P
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SUH Photo by CAPERS HAMMONI
SC Counsel Paul Ward report on the
of the lot is under review.
:rcent Dorm F
Chairman of the Board o
President James Holderma
a 9.8 percent increase in resi
He said it would depend on the re
projections of the Budget and C
Board.
Dan Henderson, chairman of
'it'; Appraisal
\ I fr-? m? m m m _ savaif * O r\r\??0 i
Iisy jiivi Lar liviiin/i ?
Staff Writer public
discus
The USC Board of later
Trustees listened to a report (Thun
by USC Legal Counsel Paul War
Ward in executive session hope t
early yesterday on the latest will b(
developments of the "pit." 1.
The board met in an effort Orig
A to decide the fate of more grante
| than 200 parking spaces in Colum
Iine fii, ai me corner 01 itemoc
Blossom and Pickens public
Streets, next to the Booker T. grant
Washington Medical Center, which
The Rembert family, proper
^ owners of the land in to a
! question, submitted an could
appraisal of the property to facility
the board Wednesday. It A fe
was to be reviewed by the was fc
board for a possible parkir
agreement on purchasing of Soi
I the land. Buildii
Ward said an appraisal of the R
the lot has been completed that i
and is now under review. posing
"When the review has the fa<
been completed USC will reside
make an offer to the Rem- I-1bert
family," Ward said. j
"From there I expect the
Rembert family to make a Tin
counter-proposal and we'll Ga
hot/A r\ iirait anH cnn u;K o i ?
IIC4 VV/ l-V **UIt (4UU OLL YVIKll
happens from there." ,
USC Counsel Paul Ward .
had said, "if final actions are s,s^
taken by the Board, the me
v ' X f ?
Ar wraffSH VI
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PHT*
..*p??
f " tfll m
i Trustees R. Markle
n at the board meetin
idence hall fees was ai
ivenue Buildings and <
!ontrol nounced the nam
be changed to W
the after the former I
Under R<
isal will be made si
and the matter will be to
<spH in nnpn cpccinn
in the afternoon co
sday)." la
d said it is his personal th
hat the entire process w<
; completed by March la
a
inaliy.the land was pc
d to the city of ar
bia in 1911 by the its
3rt family to serve as a w<
park. The 17-acre cc
includes a clause 28
stated that if the
tv was not converted R<
park, the Kemberts co
regain control of the Fi
y. le;
w years ago, the land $1!
>eing used as a free
ig lot for the residents .
ith Tower and South a
ng. However, in 1980 S?!
embert family ended
arrangement by im;
a charge for the use of
:ility, thus leaving the of
nts with only the K<
i orreci
b dancer on the front
mecock was incorre*
mbda Chi Alpha little
liana, a bellydancer,
ters of Lambda Chi
mber for Valentine's
ise
4MHHI
n>
;taff photo by CAPERS HAMMOND
y Dennis and USC
g vesterdav where
C7 %f ' +S
pproved.
Grounds Committee ane
of South Building would
William H. Patterson Hall
JSC president.
eview
irrounding streets in which
park.
At this time, USC filed
indemnation papers on the
na, rendering it useless to
e Rembert family who
Duld be forced to sell the
na 10 usu. Because USC is
state agency it has the
>wer of condemnation over
ly piece of land that lies on
> boundaries. Such actions
ere taken as USC filed
mdemnation papers Aug.
,1980.
The next step by the
embert family was to
ntract with the Furman
ilmer Co. who charged for
asing of parking spaces for
5 each.
William Quirk, family
wyer for the Remberts
lid in 1980 that he felt the
operty was worth between
100,000 and $500,000.
In July 1980, USC made an
for- r\( (tor: A/Uk
*VI V/I IU llic
emberts for the land.
tion
page of the Feb. 11
ctly identified as a
sister. It was Miss I
sent by three little
Alpha to a LXA I
I>ay. 1