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the Prospectus and reflect application of Sorting Center rental funds, base funds of the Natural History Museum, and unrestricted trust funds against total equipment requirements.

A request of $500,000 for Quadrangle planning will be resubmitted in the fiscal year 1981 budget request to Congress in lieu of the Office of Management and Budget allowance of $1,250,000 that was forwarded prior to Congressional action on the fiscal year 1980 appropriation bill. Quadrangle construction projections for fiscal years 1982-84 appearing in the draft Prospectus have not changed.

For fiscal year 1981 the Office of Management and Budget deleted the requested funds for Aquatic Habitats construction in the National Zoological Park. Funds for this purpose are now included in projections for fiscal years 1982 and 1983.

Other than Museum Support Center equipment funds mentioned above, there have been no substantial changes in the nonappropriated funds since the draft Prospectus was submitted in September. The net operating projections of the Institution, as well as the Institution's grant and contract projections, remain unchanged.

The revised five-year Prospectus, sent to the Regents in advance of the meeting and placed before them at the meeting, was presented for approval. Upon approval by the Regents, the document would be sent to the Congressional committees in late January 1980, coinciding with the submission of the fiscal year 1981 budget to the House and Senate Appropriations Committees.

The following motion was recommended by the Executive Committee and was approved by the Regents:

VOTED that the Board of Regents approves the Five-Year Prospectus dated January 28, 1980, covering the fiscal years 1981 to 1985, anticipating that annual revisions will similarly be presented for its approval.

The approved Prospectus, bound with a salmon cover, accompanies these minutes.