I I CAMPUS PLANNING & HOUSING COMMITTEE - 4 - permission for AUC to pay the addition $128,500 (approximately 16% increase) for the planned housing. The Committee approved this motion. The University will look into the feasibility of the Fund purchasing the housing units for this is Egyptian based and, therefore, not subject to the government tax. Brief discussion was given to the Z-2 property in Zamalek. While the lot is vacant, AUC is paying taxes as if a building was on the property. It is possible that at some point in time, if the land is reassessed, AUC will have to pay a fine of 25 percent of the assessed yearly value for having open land with no building on it. 6. Miscellaneous. Building on top of DPS is not possible according to th...