In a short letter written to the board of regents, governor David Butler reports the state's University Fund. Governor Butler also mentions the federally allocated land, which at the time was being surveyed for sale.
The regents formed a committee to secure the federally endowed land, so that sales might commence. Proceeds from sold land would enter the University Fund (sic).
The Committee for Land Selection suggested to the state legislature, that the federally endowed land be sold or leased as soon as possible. Thus the profits may be invested and the annual dividends could supplement the university fund.
The regents request that the process of surveying and allocating land be sped up, so that a steady income may be provided to the university. Additionally, the regents declare their intent to foster a university that is not solely fixated upon agricultural issues. Rather a serious focus should be dedicated to the "...education of the industrial classes in the several pursuits and professions in life."
The regents again ask for the state legislature to act with haste in relation to the federally endowed land. Although the bureaucratic structure of the university was taking form, the physical university was at an impasse waiting for the proper funding.