N.    1993-94 Budget Revisions - Central Administration (FCR 31

       Mr. Hardymon stated that FCR 3 represents the quarterly budget
revisions. He noted that the objective of the report is to provide
revisions in the income estimates and expenditures. He said that the
fees were larger because of the community colleges and that the
expenditures will go back to the colleges. He also called attention to
the Fund Balances and provided an explanation of those figures. He moved
that the revisions in the 1993-94 budget be authorized and approved. Dr.
Meriwether seconded the motion, and it passed. (See FCR 3 at the end of
the Minutes.)

       0.    Lexmark International. Inc. Gift (FCR 4)

       Mr. Hardymon said that FCR 4 recommends that the Board accept the
commitment of equipment valued at $500,000 from Lexmark International,
Inc. to the Commonwealth Library Campaign. The initial release of
Lexmark equipment valued at $127,056 has been received by the University
and the remaining donation of $372,944 in equipment will be supplied in
conjunction with the construction and equipping of the new library. He
moved that the Board accept FCR 4. His motion, seconded by Mr.
Chellgren, carried. (See FCR 4 at the end of the Minutes.)

       P.    PatentAsigianment (FCR 5)

       Mr. Hardymon provided background information on the invention of
certain improvements in liquefaction of waste plastics by Gerald P.
Huffman and M. Mehidi Tadhiei. He moved that the Board authorize the
President to execute an assignment on behalf of the Board to the
University of Kentucky Research Foundation the following Letters Patent
of the United States and the invention represented thereby: Gerald P.
Huffman and M. Mehidi Tadhiei, Serial No. (to be assigned), filed (to be
filed).  Mr. Welenken seconded the motion, and it carried.  (See FCR 5 at
the end of the Minutes.)

       Q.    Patent Assignment (FCR 6)

       Mr. Hardymon said that FCR 6 is an invention of certain
improvements in a Method for Noninvasive Chemical Analysis of Tissue in
Vivo by Robert A. Lodder and John M. Carney. He explained that the
invention focuses on an instrument for detecting changes in the amount of
fat, protein, and water in the brain and other tissues which are
important to the aging process and in strokes. He noted that this
invention has already been licensed by an instrument company and made a
motion that FCR 6 be approved. His motion, seconded by Mrs. Sims,
passed. (See FCR 6 at the end of the Minutes.)

       R.    Patent Asignment (FOR 7)

       Mr. Hardymon moved that the Board authorize the President to
execute an assignment on behalf of the Board of Trustees to the
University of Kentucky Research Foundation the following Letters Patent
of the United States and the invention represented thereby: Yongbiao Liu
and Kenneth F. Haynes, Serial No. (to be assigned), filed (to be filed).
Mr. Shoop seconded the motion and it passed. (See FCR 7 at the end of
the Minutes.)