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Hall and the Fine Arts Building -- are progressing, and should be
completed and ready for use by March 1st.
Architect's plans were completed almost a year ago for the
badly needed new men's dormitory, but we have had to postpone the
start of actual construction. We did obtain a $550,000 long-
term (15 year) insurance company loan commitment for it. When I
decided to let the loan go back, the insurance company, in spite of
the then very "tight money" situation, did renew the commitment.
It is still good, but unless our Co-Workers can realize this
serious NEED for these buildings, and increase this special fund,
we shall probably have to lose this loan altogether. And that
would be a real shame! When this building is completed, we shall
have all the student housing we shall need on the Pasadena campus.
We shall not go above 550 resident students.
According to present plans, we must start in a few months, the
170,000-square-foot-floor-space building for the enlarged PRINTING
PLANT -- 70,000 square feet of that is already there in a building
we recently bought.
There will be some internal remodeling on this, and the other
100,000 square feet must be added on to it. Since this is made
necessary because our present plant is in the way of the new
freeway, to start construction in 1970, the State will have to pay
us for our present printing plant, which they will demolish. Thus
they will HELP pay for our new plant.
Present plans call for ground breaking for the Administration
building by next March or April -- and much sooner if possible!
Then I HOPE we may begin the postponed men's dormitory -- to house
150 men students -- by a year from now -- fall of 1968. Then we
MUST start the Auditorium by 1969.
Co-Workers, I hope this answers a lot of questions -- and opens
your eyes to a LOT OF FACTS you never before realized!