UVCC College Times
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S&oiXl rc1 IME Oil I I To Maintain The Beauty And Richard Elton Editor-in-Chief For those who thought the school was building the fountain in the courtyard between the Student Center and the Administration building on the Orem campus with state funds, you may now take a deep breath of relief. It might be interesting to note, however, that the school is paying for it with the interest that they earn from state dollars. UVCC, like other state financed schools, submits a budget to the state, which approves disbursement of funds accordingly. The state does not give the monies to the school in one lump sum at one time. The state disburses funds on a monthly basis to the schools. UVCC then takes the funds and puts them into an interest bearing account, the Institutional Discretionary Fund, and the interest earned from this account is used by the school as investment capital. According to Dr. Dick Chappell, the school makes about $300,000 per year in interest from the Institutional Discretionary fund; and the president can use this money at his own discretion unless the monies to be used exceed $50,000. If the price tag on This drawing shows how the Volume Seventeen L ' " t - - Fountain slowly works It's way one of the projects exceeds that amount, the president must receive approval by the Institutional Council. There are ways to get around the $50,000 however. Take for instance the expansion on SC 117. This expansion cost the school in excess of $50,000 with the total cost of nearly $60,000. In order to pay for this expansion, - an i - 11111 fj I fountain will look when completed. Utah Valley Community College We eklymu den t e wsp ap er M . , m U r- M rx'! ATrC WXSi A l Number Ninete Integrity Of The Campus from dream to reality. President Higby used $30,000 from investment income. The other $30,000 came from the profits that were generated by the Bookstore and caferteria which were put into a fund to make the semi-annual payments on the bond that the students incurred to build the existing Student Center. The fountain, on the other hand, will not skim the monies Wednesday, March 8,1989 photo by Jeff Dower set aside for bond payment, but all $119,000 will come directly from the investment income. Because this was in excess of $50,000, the project had to be approved by the Institutional Council in which the student body president is a voting member. The fountain will be built by Far West Builders, the same contractor who won the science building bid. The projected price for the fountain was originally at $250,000, but when Far West builders submitted their bid, the price tag of the fountain was set at $119,000, making the administration feel as though they were getting a deal. When dealing with large sums of money, the question of need arises. Dr. Dick Chappell who is in favor of the fountain said that it is necessary "to maintain beauty and integrity of the campus, and to give it a degree of excellence." Dr. Chappell, however, was not sure if the fountain would be in operation during the winter months when student enrollment at the school is at its peak Romesbura Injured Richard Elton Editor -in-Chief Monday, March 6, at approximately 5:00pm., Rod Romesburg, son of President Romesburg, and is a sophomore at Arizona State University, was on spring break in Mazatlan, Mexico, when he suffered a broken neck. The incident occurred while Rod was playing in the water. An incoming wave wrenched his neck breaking it. He was taken to a nearby hospital where he received immediate medical attention. The x-rays showed that he had fractured his fifth vertebrae causing him to loose feeling from his chest down. It is not yet known if the loss of feeling will be permanent. He was flown to the University of Utah Medical Center by way of a n international flight. Dr. Chase Peterson, a Harvard M.D. graduate, and president of the University of Utah, offered to have Rod flown in by way of LifeLine, but because of red tape, that would have taken at least 16-18 hours for clearance. One doctor and one nurse accompanied him to the medical center. Del Shumway, a Spanish instructor and faculty member at UVCC, spent a good part of Monday night with the Romesburgs as an interpreter over the phone with Mazatlan doctors. President Romesburg said that Shumway was a life saver, because of the language barrier. President Romesburg was able to speak with Rod over the phone and said that his spirits were high. The President also said that he was greatful for the prayers and the thoughts of those that expressed their concern. Best wishes and hopes for a speedy recovery are expressed by the newspaper staff.
|Title||UVCC College Times, 1989-03-08|
|Description||The UVCC College Times was the name of the student newspaper for Utah Valley Community College from September 28, 1987 to June 23, 1993.|
|Publisher||Utah Valley University|
|Subject headings||Utah Valley Community College--History; College student newspapers and periodicals;|
|Source||College Times, 1989-03-08|
|Rights||Copyright 2013 Utah Valley University|