EXHIBIT III - B


                                      ORIGINAL   OPERATING   PLAN   FISCAL   YEAR   1970-1971
                                                 Group  A  and  Group  B   Housing
     
                                                                                                  Group B Housing
                                              Group A Housing                                    Residence
                          Residence Halls                          Apartments                      Halls     Apartments
                    Net        Target        Surplus       Net        Target      Surplus           Net          Net
                  Revenue    Assessment     (Deficit)    Revenue    Assessment   (Deficit)        Revenue      Revenue
July                XX           XX           (XX)         XX           XX           (XX)           XX           XX
August              XX           XX           (XX)         XX           XX           (XX)           XX           XX
September           XX           XX           (XX)         XX           XX           (XX)           XX           XX
   Sub-Total        XX           XX           (XX)         XX           XX           (XX)           XX           XX
2nd   Quarter       XX           XX            XX          XX           XX            XX            XX           XX
3rd   Quarter       XX           XX            XX          XX           XX            XX            XX           XX
4th   Quarter       XX           XX            XX          XX           XX            XX            XX           XX
   Total            XX           XX            XX          XX           XX            XX            XX           XX

Last Years Actual   XX           XX            XX          XX           XX            XX            XX           XX

                                                                          Summer Sessions           Regular Sessions
                                                                                  Occupancy                   Occupancy
              Planned    Occupancy:   (Include  "Residents")          Number      Percentage       Number     Percentage
                         Group A  -  Residence  Halls                   XX            XX%           XX           XX%
                                  Apartments                            XX            XX%           XX           XX%
                         Group B  -  Residence  Halls                   XX            XX%           XX           XX%
                                  Apartments                            XX            XX%           XX           XX%
             1969-70    Occupancy:   (Base regular sessions on year-to-date average)
                         Group A  -  Residence  Halls                   XX            XX%           XX           XX%
                                  Apartments                            XX            XX%           XX           XX%
                         Group B  -  Residence    Halls                 XX            XX%           XX           XX%
                                  Apartments                            XX            XX%           XX           XX%

                 NOTES:  Occupancy figures should be "average" occupancy.
                         
                         Annual target assessment amounts are to be spread equally over
                          the  twelve   months.