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WHEREAS, in the period from and after September 1, 1957 and prior to September 1, 1960 said rental rates for student occupants of the Existing Dormitories were increased $17.50 for each semester of the regular school term, thus making the rental rate therefor $85.00, and $6.00 for each term of the regular summer session, thus making the rental rate therefor $30.00; and

WHEREAS, the Executive Committee is of the opinion that the rental rates charged occupants of the Project upon completion thereof should be $85.00 for each student occupant thereof for each semester of the regular school term of two semesters and $30.00 for each student occupant thereof for each term of the regular summer session of two terms; and

WHEREAS, Section 902 of the Resolution provides that all rights, powers and privileges conferred and duties and liabilities imposed upon the Board by the provisions of the Resolution may be exercised or performed by the Executive Committee; now, therefore,

BE IT RESOLVED by the Executive Committee of the Board of Trustees of The University of North Carolina that:

Section 1. The increases after September 1, 1957 and prior to September 1, 1960 in the rental rates charged each student occupant of the Existing Dormitories during the regular and summer school sessions are hereby ratified, approved and confirmed, and said increases in rental rates of $17.50 per student occupant for each semester of the regular term of two semesters and $6.00 per student occupant for each term of the regular summer session of two terms are hereby fixed and made applicable to the Existing Dormitories and each student occupant of the Existing Dormitories shall be required to pay rental rates which include said increases.

Section 2. The rental rates to be charged each student occupant of the Project upon the completion thereof shall be $85.00 for each semester of the regular school term of two semesters and $30. 00 for each term of the regular summer session of two terms.

Section 3. Notwithstanding any other housing facilities of the College which may now or hereafter be available for students at the College, the officers of the College shall assign students at the College to the occupancy of its Existing Dormitories, the Project and Bragaw Hall in preference to any other housing facilities heretofore or hereafter provided

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