10/27/1966

UCCSN Board of Regents' Meeting Minutes
October 27-28, 1966








10-27-1966

                         BOARD OF REGENTS

                       UNIVERSITY OF NEVADA

                         October 27, 1966



The Board of Regents met in special session in the President's

Office on October 27, 1966.  Present were Regents Hug, Jacobsen,

Lombardi, Magee and White; President Armstrong, Chancellors

Miller and Moyer, Vice President Humphrey and Mrs. La Plante as

a representative of the Press.



The meeting was called to order at 11:20 A.M. by Vice Chairman

Magee.



Mr. Humphrey explained that the purpose of the special meeting

was to consider and, if found satisfactory, accept a negotiated

sale of $1,500,000 of revenue certificates for the Nevada South-

ern University Student Union building.  He then introduced Mr.

Nick Smith, Vice President of Burrows, Smith and Co.



Mr. Smith presented to the Board the proposal of John Nuveen and

Company for the purchase of the revenue certificates as set forth

in the attached letter.  (Attached to permanent minutes).



After thorough review and discussion of the proposal from John

Nuveen and Company, Mr. Jacobsen moved, seconded by Mr. Hug and

carried by unanimous vote of those present, that the President be

authorized to sign a re-draft of the proposal, incorporating the

changes suggested and agreed with the understanding that the

absent Clark County Regents be informed as to the reason of the

action.



The meeting adjourned at 12:05 P.M.



                             Molly Magee

                             Vice Chairman



Bonnie M. Smotony

Secretary

                                                       10-27-1966