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DOC 0000017432

71 pages · May 08, 2026 · Document date: Jan 15, 1955 · Broad topic: Intelligence Operations · Topic: Cost 000 000 · 14 pages OCR'd
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—IP o S S'- /a T. S. 1GIQ77A 7 ment and general out-patient facilities. IfTthi a effort, Dr. has secured the enthusiastic support of the medical faculty and the officers of the University who have carried the preliminary arrangements forward to the maximum extent of their resources. Financial Situation. The University will require about $3, OOQ, 000 for the addition. This Eum is exclusive of the cost of land and the heating and power supply which are already available at the'site;“ At the present time under Public ' Law 221, funds are available to 'match funds raised by the University. The University has allocated_.$l,' 0007000 to this project and will assume upkeep and a taffinjjbbli gation s7 7 D r c agreed that if CIA will provide the 1 grant of $125, D00, the Fund will match this amount and make a total donation of $250,000 to the University Building Fuad, This Agency's coRtribution will be made under the con- dition that it will be refunded if construction does not take place. • • O TSS has discussed this situation with Mr. Chairman, and has encouraged the^ - - ... . . . _ . ...Hho donate $500,000 to the building project on the bdsi|.that radiological research will be conducted in the new wing. Mr.^pPp^^^bough aware of our interest in the building, is unwitting of our specific fields of research and individual projects. In summary, the financial situation would be as follows: $1,000,000 - Provided by \ 250, 000 - Donation from ($125,000 supplied by CIA) 1,250, 000 - Matched fund s from Public Law 221 500, 000 - Grant from . s $3,000,000 - TOTAL a. Although it is recognised that the Federal contribution of $1, 250, 000 under P, L. 221 is seemingly inflated by Reason of the inclusion of the CIA contri- bution in that of the value to the CIA is $250, 000 and not just $125, 000, the amount of CIA's co^ribution; further- more the inclusion of the CIA contribution in that of the iis the best method of maintaining security. Copy # JL, of 2 copies -3
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