06/10/1978

UCCSN Board of Regents' Meeting Minutes
June 10-11, 1978








06-10-1978

Pages 1-2

                         BOARD OF REGENTS

                    UNIVERSITY OF NEVADA SYSTEM

                           June 10, 1978



The Board of Regents met in Emergency Session on the above date

in Room 316, Dungan Humanities building, University of Nevada,

Las Vegas.



Members present:  Fred M. Anderson, M. D.

                  Mr. James L. Buchanan, II

                  Mr. John Buchanan

                  Mrs. Lilly Fong

                  Mr. Chris Karamanos



Others present:   Chancellor Donald H. Baepler

                  President Brock Dixon

                  General Counsel Larry Lessly

                  Secretary Bonnie Smotony

                  Mr. Mark Hughes, Director of Information



Chairman Buchanan called the meeting to order at 1:40 P.M., ex-

plaining that the emergency meeting had been called to consider

the offer of a gift from Mr. Artemus Ham, Jr., of a ten percent

interest in 68 acres of land located on the southeast corner of

Maryland Parkway and Sahara in Las Vegas.  Mr. Buchanan noted

that because the entire parcel is in the process of being sold,

it is imperative that the Board take action to accept the gift

and authorize its sale in order that concurrence of the Governor

may be requested prior to his departure on Wednesday, June 14,

for a conference.



President Dixon explained how the offer of the gift had develop-

ed, noting that he had met with Mr. Ham on several occasions to

discuss Mr. Ham's interest in making such a gift, that Mrs. Fong

had also participated in some of the discussions as recently as

April 28, and that the conditions which Mr. Ham wished to place

on the gift had just been finalized.  Specifically, Mr. Ham had

asked that the University's share of the proceeds of the sale be

utilized toward the construction of a major building on the UNLV

Campus to house the teaching, research and studio facilities of

the Department of Theatre Arts, Art and Music.  Mr. Ham had spec-

ified that the building be such that the proceeds of the sale

of the University's ten percent would constitute only a minor

portion of the total cost of the project.  He also requested

that the building be named in honor of his mother, Mrs. Alta Ham.



Dr. Dixon reported that the University is expected to receive,

after expenses of sale and commissions, the approximate sums of

$350,000 in the current calendar year, $164,000 in 1979, and

$177,000 in 1980, for a total of $691,000.



President Dixon and Chancellor Baepler recommended acceptance of

the offer of ten percent interest in the above described property

and approval of the sale of the property, subject to the Gover-

nor's concurrence.



Mrs. Fong moved that the Board of Regents accept a ten percent

interest in 68 acres of land on the southeast corner of Maryland

Parkway and Sahara in Las Vegas, generously donated by Mr.

Artemus Ham, Jr., with the understanding that the total interest

in the property is subject to sale under a contract which would

yield to the University, after expenses of sale and commissions,

the approximate sums of $350,000 in the current calendar year,

$164,000 in 1979, and $177,000 in 1980, and with the further

understanding that the University's proceeds of the sale, under

the terms of the gift, must be utilized toward the construction

of a major building to house the teaching, research and studio

facilities of the Departments of Theatre Arts, Art and Music, and

that the proceeds should not represent more than a minor percent-

age of the cost of the building, and that the building should be

named in honor of Mr. Ham's mother.  Mrs. Fong further moved that

the gift be accepted under the terms described and that the Board

of Regents participate in the sale of the property, subject to

the approval of the Governor.  Motion seconded by Mr. Karamanos,

carried without dissent.



The meeting adjourned at 1:55 P.M.



                             Bonnie M. Smotony

                             Secretary of the Board

                                                       06-10-1978