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[69]

Part of Minutes of the University of Kentucky Board of Trustees

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Office of the President April 5, 1988 Members, Board of Trustees Report of Leases Recommendation: that the Board accept the President's Report of the following lease agreements in accordance with Board policy: The renewal of a lease between the Department of Agronomy and Wilbert Perkins, Route 1, Frankfort, Kentucky, effective May 1, 1988 through September 30, 1988 for the use of 1.7 acres for tobacco experimentation, rental rate of $1,200.00, be accepted and made a matter of record; The renewal of a lease between the Department of Agronomy and Harold Wiles, Route 1, Dunnville, Kentucky, effective May 1, 1988 through September 30, 1988 for the use of 1.2 acres for tobacco experimentation, rental rate of $1,000.00, be accepted and made a matter of record. Background: FCR 5, dated October 15, 1985, authorized the President or his designated representative to enter into leases and easements not exceeding $30,000 in value and required that all leases entered into under this authority be reported to the Board. Action taken: Approved sDisapproved Other_ Date: April 5, 1988 0107/105