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3510 Ameeting of the Federal Reserve Board was held in Washington on Illureday, November 15, 1934, at 12;30 p.m. PRESENT: Lr. Mr. Mr. Er. Mr. Thamas, Vice Governor Hamlin Miller James Szymczak Er. Morrill, Secretary Mr. Carpenter, Assistant Secretary. Mr, 141.ller stated that in accordance with the authority granted to 1141at the meeting of the Board on October 25, 1934, he had negotiated lith Everett V. Leeks with regard to his retention by the Board as con414:44g ar chitect to handle the details of the proposed competition in °°1111.ectio4 with the selection of the architect for the Board's new buildalad that Er. Meeks had come to Washington today for a consultation 44111Ad advised that he would be willing to act as consulting architect t°rthe PurPose stated for a fee of :;))2,500 plus traveling expenses in— 1.1.rred by him in connection with his services to the Board, the fee to be Paid *ten the amard to the successful architect is made. Er. Miller reNtzended that the Board retain Li.. Meeks as consulting architect on the basis sUggested by him. be Lrq, Eamlin moved that Er. Miller's recommendation approved. 14r. Jeoles stated that the suggested fee appeared rather large kNithat. before deciding favorably upon the matter, he would like to 4 11' onal i nformation as to the amount of similar fees paid in ,, N4lectic)r1 mith some of the new Government buildings in Washington. 4,a.11er stated that it kozt was his understanding that the architects on °r the new G overnment buildings were engaged directly through the 11/15/54 -2- 3511 SuPervising Architect's office without competition: although in some eases such as the new Commerce Department Building, there had been cornlie also stated that he had been informed that architects' tees 4, or the type of services which Er. leeks mould render are based 154rtly on the cost of the building to be erected, and that the fee NZosted -y Er. Meeks took into consideration a probable cost of the 13e4tdis building in 000,000. excess of 0. ' Er. Hamlin's motion vas put to a vote and was carried, Er. James voting "no". Xiller stated that Er. Meeks was in consultation at the Presett time with Er. E. F. Abell, who had been retained to make an Ne4ization survey of the space in the Board's new building, and he ete'ted that he thought it mould be desirable for the individual =mbere to meet both gentlemen. Accordingly, Messrs. Meeks and Abell were itArited ilato the meeting, and, upon inquiry as to whether Er. 'leeks In4114111Uat to confer with the Board from time to time on various Ntaems which would arise in connection with the program of competi) Ere Eeeks stated that it mould be necessary for him to consult 17ith the Board more or less frequently and that it was his intention t°prepare a skeleton program based on the data now available, which Ilaadollbtedly would develop a number of questions which he mould like to, vresent to the Board, and that, if agreeable, he mould suggest that a llieeting be arraaged in about ten days when he mould be prepared to Neett to the Board for its consideration any problems suggested by 441 toil program. azd,Atter discussion, it was decided that Messrs. Meeks 7, 4eell would confer and decide upon a date during the meek ,,ovember 26, which they indicated mould probably be 3512 11/15/34 -3- November 27, when they will be prepared to confer veith the board, and advise the Loard as soon as Possible as to the date agreed upon. Thereupon the meeting adjourned. 01A}---QP Secretary. Vice Governor.
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