FCR 3

Office of the President
October 21, 1997




Members, Board of Trustees:


                                  REPORT OF LEASE

Recommendation: that the Board accept the President's Report of the following lease agreement in
accordance with Board Policy:

A new lease between the University of Kentucky (College of Dentistry) and Bluegrass Station
Division, Briar Hill Road, P. 0. Box 14063, Lexington, Kentucky, effective August 25, 1997
through June 30, 1998, for the use of 192 square feet of storage space, at an annual rate of
$864.00, be accepted and made a matter of record.

Background: FCR 5, dated October 5, 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.



A  Disapproved    Q Other



pproved



Action taken: