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COLLEGE EXTENSION.

AN IMPORTANT SCHEME. ERECTION OF NEW BUILDINGS. Canterbury University College has for many years past been adding to its buildings by means of grants from the college funds and subsidies from the Government, and, in some cases, by expenditure of capital. During the last four or five years the debt for buildings has been reduced by about £IOOO a year, o\it of the College Maintenance Fund. Under the New Zealand University Act Amendment Act of last session, Section 32, provision was made for a permanent grant to each of the four university colleges, of one forty-second part of the revenue derived from the national endowments. This is estimated to be about £I4OO a year at the present time. The college has therefore decided to mortgage its assets for a sum of not more than £IB,OOO, and out of these moneys to erect the following buildings, etc.:—(a) Physics laboratory; (b) extra lecture rooms and accommodation for lady students; (c) common room for male students, sanitary and bicycle accommodation; (d) common room for professors and lecturers; (e) new offices and board room; (f) heating and lighting of college buildings. It is estimated that the interest on the loan will be less than £IOOO a year. The balance of the income from the national endowments, together with £IOOO a year from the college maintenance account, will pay for the buildings, it is reckoned, in about nine or 10 years. The college will then have the additional income, which will enable it to establish two more chairs, if required. *The Government is making a grant of £2OOO toward the physics laboratory. At the present time "the professors are very much cramped for, room, and the removal of the registrar's office and the board room to a separate building will enable better accommodation to be given to several of the professors. One of the professors has no room at all at present, and two of the others are sharing the space which formerly belonged to one. The buildings proposed to be erected will be all in stone, and .similar in architecture to the present buildings. That part Of the college buildings now in brick will be faced with stone. What is called "the tin shed" will disappear. It is considered that the two quadrangles which will appear in the future will be the finest in New Zealand.

As a result of this scheme it is hoped that there will be no necessity to add to the college buildings for many years to come. The work will be proceeded with as soon as the necessary financial arrangements can be made.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/SUNCH19150427.2.55

Bibliographic details

Sun (Christchurch), Volume II, Issue 378, 27 April 1915, Page 8

Word Count
436

COLLEGE EXTENSION. Sun (Christchurch), Volume II, Issue 378, 27 April 1915, Page 8

COLLEGE EXTENSION. Sun (Christchurch), Volume II, Issue 378, 27 April 1915, Page 8