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The report of the Ad Hoc committee on the status of the Colleges of Arts & Sciences includes the following topics: charge to the committee, background information, criteria for optimality, administrative responsibilities related to the arts and sciences, feasible alternative configurations, recommendation on optimal configuration and the authority of the executive dean for the arts and sciences, rationale, the price of success, distribution of art and sciences departments/schools among colleges, recommendations regarding composition of the colleges within arts and sciences and concluding observations.