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[2] > Image [2] of Minutes of the University of Kentucky Board of Trustees, 1991-06-aug20.

Part of Minutes of the University of Kentucky Board of Trustees

- 2 - Members of the news media were also in attendance. A quorum being present, the Chairman declared the meeting officially open for the conduct of business at 1:06 p.m. C. Minutes Approved Mr. Ockerman stated that the Minutes of the June 18, 1991 Board of Trustees meeting had been distributed and asked for corrections or additions. The Minutes were approved as distributed. D. President's Report to the Trustees (PR 1) President Wethington reviewed the following items in his report: 1. Twenty-four new faculty members at the University toured their "new Kentucky home" August 12-16 as part of a program initiated by Chancellor Robert Hemenway. 2. A year-long study of the economic impact of Kentucky's horse industry was released in July. The study showed that Kentucky's horse industry generated jobs from 79,820 people with related wages and salaries of $1.3 billion a year. The study was conducted for the Greater Lexington Chamber of Commerce by the University's College of Business and Economics and the College of Agriculture. 3. Business-Industry Technical Assistance Centers will be developed at Elizabethtown and Madisonville community colleges. The purpose of the centers is to help create jobs by providing assistance to new and existing businesses and by helping individuals through skill development, entrepreneurial training and counseling. 4. The popular Saturday Seminars series, held before UK's home football games, will be offered again this year. 5. Myra Leigh Tobin, a 1962 UK graduate who is managing director of an insurance underwriting firm in New York City, has been elected president of the University of Kentucky's National Alumni Association. 6. Citizens Fidelity Bank and Trust Company of Lexington has donated $100,000 to the UK College of Business and Economics "Program for Excellence" scholarship fund. President Wethington asked that the members review the other significant items in the report at their leisure. E. Personnel Actions (PR 2) With President Wethington so recommending, on motion made by Professor Rhoads, seconded by Mr. Rose and passed, the routine personnel actions in PR 2 were approved. (See PR 2 at the end of the Minutes.)