Thursday, January 26, 1984The Daily Tar Heel3
Thanks to the efforts of what
Chancellor Christopher Fordham III
called "some of the best investment
minds in the United States," UNC's en
dowment fund grew by $22.3 million in
the 1982-83 fiscal year.
The $63.6 million in the fund, as of
June 30, 1983, is a 55.6 percent increase
over the $41.3 million in the fund at the
beginning of the fiscal year.
That investment performance by the
UNC Endowment Board is third in the
nation, according to a report by the Na
tional Association of College and
University Business Officers.
The job of the board was also ranked
as the fourth best investment perfor
mance over the last three years.
More than 170 of the nation's leading
colleges and universities were evaluated
in the study.
Chancellor Fordham praised the job
of the Endowment Board.
"Wise investments, wise decisions by
a group of extremely well-qualified pro
fessionals brought us extraordinary
results very quickly," Fordham said.
Farris Womack, vice chancellor for
business and finance, described the
main reasons for the financial success.
"The board's investment policy and
return objectives are major components .
of the success that has been achieved,"
he said. "The effort continues in seek
ing investments to obtain the highest
Our innate competitive instincts need
some type of outlet, and that outlet is
American preoccupation with sports,
Chancellor Fordham said recently at a
conference on "Sports in Academia" in
"Sports competition offers a con
venient and apparently fairly satisfac
tory outlet for such instincts and
drives,". Fordham said, "because it is
conducted in a highly organized
fashion, with detailed rules of the game,
and is amply public so that ordinarily
there is no doubt as to who is the winner
and who is the loser and what the score
Fordham went on to say that disputes
that are being debated could be divided
into areas of academics, athletics,
economics and politics. He used the re
cent idea, to give university presidents
more power over athletic affairs as an
UNC's School of Nursing has an
nounced a series of research seminars
on a range of topics that are related to
the nursing profession.
The seminars, . which are free and
open to the public, will be every other
Thursday from Feb. 2-April 26. The
seminars will be conducted by secon
dary care faculty members and graduate
Some of the topics covered in the
seven seminars will include "Problems
in Doing Research With the Terminally
111" on Feb. 2, a nurse's involvement in
the "collection of clinical data on March
29, and the implementation of primary
nursing at N.C. Memorial Hospital on
By THAD OGBURN
College students will have a chance to
gain in-depth exposure to N.C. govern
ment this spring and summer, thanks to
three internship programs in state govern
' Both the Institute of Government and
the N.C. Department of Administration
will sponsor paid internships during the
summer. In addition, the Department of
Administration is currently offering a
voluntary internship program for the spr
The Institute of Government will select
23 students to participate in its internship
program, which runs from May 31 -August
10. The students will work a
40-hour week in an area of state govern
ment such as the Department of Cultural
Resources, the Department of . Ad
ministration or the Department of Cor
rections. Interns are paid about $150 a
week, and most live in a fraternity house
Board to propose new dorm uses;
campus groups to make suggestions
By AMY BRANEN
The Housing Advisory Board is pro
posing that space in the new residence
hall, as well as in several existing dorms,
be used to house specific groups of
students to "help achieve a better
housing environment. Suggestions in
clude a scholars dorm, an international
students dorm or a more racially balanc
The board recently asked several cam
pus organizations to submit a prospectus
on how they feel the residence hall,
which is presently under construction,
could be used to meet some of the Uni
versity's goals more directly, said Paul
Fei$s, chairrnanof the Housing Advisory
Board and associate professor of geology.
r4i.The whole idea is to try something
new," said Student Body President Kevin
Monroe. The idea is centered around the
new dorm because of the way it's arrang
ed. The building is divided into 10 clusters
that "will house 48 people each. This
would be an ideal situation for this type
of project, Monroe said.
Wayne Kuncl, director of housing, said
he did not anticipate much negative reac
tion toward the project from students.
"We would be working very closely with
the residents of the dorms and the dorm
government officials right from the
start," he said.
Donald Boulton, vice chancellor of
student affairs, said no changes would be
made without student consent.
"So far it's just individuals with ideas;
no plans have been made," he said.
"We're just going to let the creative juices
flow. It may work, or it may not work;
who knows?" Boulton said.
Residence Hall Association President
Mark Dalton said he hoped students
would react positively to the proposed
changes, but he said he expected some
negative reaction from students outside
the groups concerned.
Feiss said letters had been sent to
several campus organizations asking for
their ideas of how the space could best be
used. Feiss said he wanted to get sugges
tions from a wide variety of organizations
- and individuals; He said he hoped to
J 4 receive creative suggestions that would ,
help improve the total quality of Univer
sity life. ' . .
The goal of the Housing Advisory
Board, Feiss said, was to set up areas in
several residence halls on an experimental
basis to see how well the project worked
out before it decided whether to
allocate the space permanently.
Monroe said the new residence hall,
would provide a good opportunity for
this project since it has not yet built up a
specific reputation, like other dorms on
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on the N.C. StateJJniversity campus.
"They'll all be working out of Raleigh,
but there are one or two each semester
who have internships that take them on
the road," said Jack Vogt, assistant
director of the IOG program.
In addition to working at their intern
ship positions, the students will organize
and participate in educational seminars.
"The interns are responsible for
organizing the seminars," Vogt said.
"They invite top public officials m N.C.
state government to talk to them."
Vogt added that in past years both the.
governor and the attorney general have
spoken to the students during the evening
Students have already submitted ap
plications for IOG internships, and the
next stage of the selection process will be
an interview of the applicants on March 2
The Department of Administration will
sponsor about 115 summer internships in
various departments of state government
from June 1 - August 10. Among the 18
departments included are the Department
of Transportation, the Department of
Public Instruction and the Department of
Sally Migliore, internship coordinator
of the summer program, said the interns
chose departments that were related to
their majors. .
"The council (that picks interns) tries
to make the best match possible,"
The' internships, directed by the Youth
Advocacy and Involvement Office, also
include a 40-hour week and a salary of
about $150-a week. Unlike the IOG in
ternships however, not all of the interns
will work out of Raleigh. Migliore said
about half the interns would work in
other areas of the state, such as the coast.
The deadline for applications for the
Department of Administration summer
internship program is February 10. C61
ege students returning to school in the fall
are eligible, Migliore said.
The Youth Advocacy and Involvement
Office's spring internship program allows
students to work from 10 to 20 hours a
week in a voluntary internship position,
"ftie interns work in a state agency like the
summer interns do.
Students interested in the Department
of Administration's spring or summer in
ternships should pick up an application at
the University Career Planning and
Placement Services in Hanes Hall.
Lorie Carlisle, a senior from Winston
Salem, participated in the Institute of
Government's internship program last
summer. Carlisle, a health administration
major, worked out of the Department of
Human Services and helped provide
medical care to Spanish migrant farm
workers in Granville County.
"I really enjoyed working through the
internship program," Carlisle said. "It
. was nice being involved with another
Planning board delays McD
By SALLY SMITH
The Chapel Hill Planning Board Tuesday night
delayed consideration of a proposed McDonald's site on
a Highway 15-501 access road beside the Hotel Europa.
The board agreed to' delay the decision after the
McDonald's Corporation requested the item be removed
from the agenda.
Robert Page, an attorney representing the fast-food
corporation, said McDonald's decided to delay its
presentation rather than risk another negative vote by
the planning board.
At its Dec. 6 meeting, the board rejected the site plan
because of possible landscaping between the Hotel
Europa complex and-the proposed restaurant site.
Liz Rooks, a planning department Official, said the
department believed the grove of trees on the site was
important to the visual landscape of "what is considered
as a major entrance way to town."
Page said McDonald's had called in a professional
landscaper to calm planning board members' fears about
the trees. Representatives of the restaurant also are
discussing obtaining additional property adjacent to the
: site so the building might be shifted, she said.
In other action, the board approved a plan to revise
the parking area for Graham Court Apartments on Mc
Cauley Street. The plan calls for relocating and paving
36 parking spaces.
Also, members received a handbook on planning
board procedures. During an hour-long discussion on
the procedures, members suggested that a time limit be
put on public presentations and that votes on proposals
that come before the board be delayed until a second
Chairman Roscoe Reeve said the procedure discus
sions stemmed from frustration by members on how well
the board was handling controversial issues. The board
is an advisory body, he said, but many times the public
doesn't understand that and spends an enormous
amount of time pleading with the board.
Board member Julian Raney said discussion should be
limited and the presenters should stick to the subject.
" "Sometimes communication is at its worst, when it
should be at its best," Reeve said.
The board will discuss the procedures at several
meetings before any changes are adopted, Reeve said.
Aldermen to continue hearing on proposed complex
By JIM HOFFMAN
The Carrboro Board of Aldermen
voted 4-3 Tuesday night to continue a
public hearing on a proposed 270-unit
apartment complex after the plan drew
sharp criticism from area residents.
The developer, Real Estate Ventures
Corp. of Huntsville, Ala., had requested
a conditional-use permit to begin building
the apartments along Morgan Creek near
the Mount Carmel Springs subdivision.
But several homeowners in the area said
they were worried the development would
lower the value of their property and ruin
the natural beauty of the area.
The board approved a permit in 1982
for the builders to construct 273 owner
occupied townhouses on the 47-acre
parcel of land and met with no public op
position. Now the corporation wants the
permit to be amended to allow the con
struction of rental units.
Major Jim Porto and Alderman Jim
White said they were concerned with the
developer's plans to landscape the apart
"I would like to see some more.,
assurance as to what is going to go on out
there," Porto said. "Sometimes what we
approve on paper is different from what
Alderman Hilliard Caldwell attempted
to close the public hearing, but the mo
tion failed when Porto broke a 3-3 tie.
Porto, White and Aldermen Doug
Anderson and Joyce Garrett said they
wanted more information before closing
the hearing and voting on the permit request.
The board said discussion on the mat
ter would be continued at a special
meeting on Tuesday. '
The board also voted to consider at the
special meeting a block-grant application
by Rogers-Triem, Inc. The Carrboro
company, which makes small electrical
motors for vending machines and other
food-serving machines, wants the money
. to purchase new equipment and expand
their assembly line, company represen-.
tative Lee Corum said.
Corum said the expansion would not
require new construction, but it would
create 41 new jobs. Rogers-Triem now
employs about 50 workers, he said.
; The money for the loan would be made
available to the town by the N.C. Depart
ment of Natural Resources and Com
In other business, the board approved
a conditional-use permit for Hoerner and
Associates to begin construction of 112
town houses on the south side of the N.C.
54 bypass, across from Royal Park apart
ments. The Aldermen also accepted a five-year
plan designed.to improve Carrboro's fire
The plan includes 42 recommendations
made in response to the town's expected
growth that would increase the number of
full-time and volunteer firefighters and
improve and replace equipment.
The board will be discussing the
feasibility of the project over the next
From page 1
average of $40,600 if they are women, and
$36,000 if they are men a difference of
$4,600. Wake Forest is the only university in
the state where female professors earn
significantly more than male professors, the
survey said. Men earn more than women as
associate and assistant professors at Wake
Forest, while instructors of both sexes earn
about the same.
At Guilford College, men at the full
professor level earn an average salary of
$29,200, and women at the same level earn
$25,100. Guilford pays its assistant professors
of both sexes about $18,800.
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