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indebtedness in a number of ways. The Museum's present Board of Trustees, which will become an advisory body, has pledged continued fund raising efforts in support of the Museum's programs. Such efforts could be devoted for as long as necessary to retiring old debts. Alternatively, profits from the Museum's sales shop (presently about $40,000 per year) could be so assigned, as could a portion of the proceeds from the eventual sale of the Museum's real property (valued at more than $1 million). Finally, Smithsonian unrestricted Trust Funds could be used if that were deemed preferable. Once the transfer has been effected and the dollar amount of such indebtedness precisely determined, appropriate recommendations will be presented to the Board of Regents for consideration and approval.

The following resolution, presented for the Board's action, authorizing the Secretary to execute this Agreement on behalf of the Smithsonian, was approved.

VOTED that the Board of Regents authorizes the Secretary to execute on behalf of the Smithsonian the proposed Agreement between the Institution and the Museum of African Art providing for the conveyance, assignment, and transfer to the Smithsonian of all assets of the Museum following appropriation of Federal funds by the Congress adequate to our operation of the Museum as contemplated by P. L. 95-414.