That
the boards of the two associations following the action taken
by each separately confirm the action of the executive committee
in securing an option on the Ainsworth property, being the south
half of the block lying between Sixth, Seventh, Taylor and Yamhill
streets, at the price of $150,000, and direct the executive
committee to conclude the purchase at that price.
That
of the ground purchased, the west 60 feet, being 100 hundred
feet on Seventh street and 60 feet facing on Taylor street,
be apportioned to the Young Women's Christian Association, and
that the portion of purchase price to be paid therefor be fixed
at $35,000, and that the remaining portion of said half block
being 140 feet on Taylor street and 100 feet on Sixth street,
be apportioned to the Young Men's Christian Association, and
that the portion of purchase price to be paid therefor be fixed
at $115,000.
That
the two boards recommend to the joint executive committee, which
has had charge of the raising of funds, that a bank be selected
as treasurer; that all collections on account of subscriptions
be deposited in such bank, and that the bank pay over to the
treasurer of the Young Men's Christian Association seven-tenths
of all moneys thus coming into its hands, and to the treasurer
of the Young Women's Christian Association, three-tenths of
all such moneys, in accordance with the agreement between the
respective associations at the beginning of the campaign.
That
the young Women's Christian Association withdraw for its sole
and separate use the $6000 raised by it before the beginning
of the joint campaign.
That
the Young Men's Christian Association withdraw from the joint
fund and have for its sole and separate use all funds that may
arise from sale of its property at Fourth and Yamhill streets.
That
it be recommended to the respective building committees and
to the executive committee that the same architect be selected
for both buildings and that the exterior of the buildings be
made to conform in design and appearance.
That
so far as practicable and as may seem wise the architect shall
let the separate contracts for portions of the respective buildings
to the same contractors, at the same time.
That
one lighting and heating plant be made to serve both buildings,
the Young Men's Christian Association to pay seven-tenths of
cost of installation, maintenance and operation, and the Young
Women's Christian Association to pay three-tenths thereof.
That
the $45,000 intended to be applied from the subscriptions towards
the endowment of the Young Men's Christian Association to meet
the Corbett bequest be taken entirely from the seven-tenths
of subscriptions apportioned to said Association and not from
the joint fund.
