10 Friday, May 7, 1976 University Daily Kansan Council to seek agreement on financial crisis policy By JERRY SEIB Staff Writer The University council will meet in special session Thursday in another attempt to solve disagreements over a proposed policy used during a University financial crisis. Chancellor Archie R. Dykes has requested the session in hopes of striking a compromise on two policy sections on which administrators and the council disagree. Yesterday's council meeting was to have been the final one of the academic year, but it was not. The council meeting exigency committee, requests that council members agree to return next week to try to settle the differences that have delayed finalization of the document for more than a year. The financial exigency policy outlines procedures to be used when a financial institution receives tenured faculty members. The document was prepared by the ad hoc financial exigency committee, approved by the council and sent to Dykes' office for final approval. GOLD TOLD THE council that final Library sale to help buy books Carnival music, folk dancers, balloons and popcat attract many buyers to the libraries' annual book sale on the lawn in the station Library Tuesday and Wednesday. The sale's purpose was to sell unneeded, duplicated copies of library books. The money will go to the library book fund to enlarge existing collections. Throughout the sale, music was played on equipment rented from the audio-visual Joe Hewitt, president of the University of Kansas Library Staff Association (KULSA) said he chose records to match the sale's "carnival" theme. The KU Folk Dance Club provided entertainment on Tuesday afternoon. Rosemary McDonough, exchange librarian and organizer of the sale, said yesterday that the sale had a profit of $1,800, compared with last year's $1,671. She said 3,000 books had been sold, or about 80 per cent of those for sale. About 80 books were sold by auction at 2 p.m. each day, McDougall said these were the first books in her collection. limited editions, had particularly good instruments or were in especially good condition. Among these was Guizot's "Popular Tires" which has 300 illustrations and 247 drawings. approval hinges on two issues: the question of faculty expansion during financial crisis and disagreement over the inclusion in the faculty-staff handbook of a policy section outlining preventive planning aimed at avoiding financial exigency. MdMcDonough said four or five of the books auctioned weren't sold because they didn't reach the minimum price agreed on by staff and dealers, so would probably be offered to book dealers. The proposed policy would prohibit administrators from expanding a school or department while tenured faculty members are being released in another. Dykes and other administrators have opposed that policy clause, arguing that it would limit their freedom to strengthen the University out of financial trouble. The other area of disagreement is a policy section that would be printed as a preamble This preamble suggests steps to be taken by administrators to prevent financial disclosures and include an early retirement plan for faculty who propose that new tenured faculty positions be added by individual departments or by the vice chancellor for academic affairs. GOLD SAID HIS committee didn't want to see the suggestions in the premade made into University policy, but wanted them included for reference in the faculty-staff The Kansas University Endowment Association has been chosen through a random selection process by the Internal Revenue Service (IRS) to aid the IRS in its effort to familiarize itself with public tax-exempt organizations. the IRS currently conducts an audit of all private organizations. IRS officials now are taking a look at public, charitable organizations such as the KU Endowment Association to see whether there also is a need to conduct an audit of these groups. KU selected for IRS tax study What college women are being pinned with. Richard Porto, treasurer of the Endowment Association, said yesterday that representatives from the IRS would visit Baltimore to familiarize themselves with its procedures. As a woman ROTC student, you'll compete for your commission on the same footing as the men in your class. handbook, along with the remainder of the document. HILLCREST BILLIARDS HILLCRES. BILLIARDS RECREATION'S FINEST Put it all together in Air Force ROTC A women's place is definitely in the Air Force and our pinning ceremony will be the highlight of her college experience. "If we don't got it you didn't want to play it no how!" There are 2-year, 3-year, and 4-year students available. A young woman, an enrolled gram is also qualified to participate in scholarship which will cover the cost of tuition as a cadet. Tuition is covered by the University reinsured. Plus $10 a month for the student. Administrators don't want the preamble printed in the handbook because the proposals in the preamble wouldn't be binding, Gold said. No one under 18 admitted. West of Hillcrest Bowl 9th & Iowa No one under 18 admitted. OPEN EVERY SATURDAY and SUNDAY 10AM-5PM 10 a.m.-5 p.m. 811 New Hampshire Gold said Dykes would meet with the 10-member ad hoc financial exigency committee Tuesday night to try to iron out the disagreements. ANYTHING YOU COULD POSSIBLY WANT --- The University Shop is QUITTING BUSINESS! Sale begins Saturday, May 8 at 9:30 a.m. Super Savings on every item of Men's and Women's clothing. We'll be closed all day Friday, May 7 to prepare for the big sale. BankAmericard, Master Charge, Cash or Approved Check Sorry—No Charges He said he doubted that a document in final form would be ready for approval by the agency. But, he said, he hopes a "solution in embryo form" could be agreed on at Tuesday's meeting between the committee and the board. "I hope to have a document for approval early this fall." Dykes had sold after meeting with Gold Wednesday that he thought a compromise could be reached soon on the financial issues of the lawsuit, but couldn't appear at yesterday's council because he had to spend the day at the University of Kansas Medical Center. Tune up your car at It's spring! Time to drain out those old tired sounds and supercharge your car with high-performance audio and electronic gear from TEAM. TEAM's got a great selection of music machines by the leading manufacturers, and some very special prices right now. We'll help you pick out the best equipment for your needs and help you get it installed and working properly. 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