Local builders and developers were concerned about a growing shortage of land for apartment and multi-family dwellings. Builder Bud Moore said all available affordable property could be “used up in three years at the rate we’re going now.”

Officials of Jayhawker Investments of Bartlesville, Okla. said they would wait until March 1 to decide on a private dormitory complex on 15th street north of Allen Fieldhouse. The vacancies in KU dorms had caused them to wonder whether such a project would be financially sound.

School officials set a bond issue figure of $3.8 million for seven projects, including a new junior high school.