October 19, 1979

Executive Committee of the American Institute of Physics

Minutes of Meeting

Members Present: P. M. Morse – Chairman, C. B. Duke, W. W. Havens Jr., H. W. Koch, S. Millman, J. W. Quinn, N. F. Ramsey, A. A. Strassenburg

Absent: R. T. Beyer

AIP Staff: H. W. Koch, Director; S. Millman, Secretary; G. F. Gilbert, Treasurer; R. H. Marks, Associate Director for Publishing; L. Slack, Associate Director for Educational Services; D. M. Lasky, Assistant to the Director; M. M. Johnson, Assistant to the Secretary

Morse called the meeting to order at 3:45 p.m. and stated that this brief meeting was scheduled for the sole purpose of discussing the latest developments in connection with the Woodbury addition.

Proposed Addition to the Woodbury Building

Koch and Marks reviewed the reasons for the expected increase in the cost of the proposed addition to the Woodbury building. Upon motion made by Ramsey and seconded by Havens, the following motion was approved without dissent for recommendation to the Governing Board:

WHEREAS the Board passed a motion approving the expenditure of $1.3 million for the 19,000 square-foot addition to the Woodbury building at its meeting on 11 March 1979, and

WHEREAS the negotiations with building contractors have not yet been completed,

THEREFORE, IT IS MOVED that the Board approve:

  1. A redesign of the Woodbury building covering the construction of a 22,100 square feet addition and the required renovation and necessary upgrading of the present building with a total cost, including retirement of the existing mortgage, legal fees and other costs not to exceed $2,175,000.

  2. Delegation to the Executive Committee of final approval of the negotiated contract with the construction company that will be engaged to meet the December 12, 1980, completion date required by our mortgage loan agreement with The Guardian Life Insurance Company of America.

The meeting was adjourned at 4:00 p.m.