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       L.    Board Appointments, McDowell Cancer Network  (PR 5A)

       President Singletary recommended that (1) Mr. William Balden, Mr.
Brownell Combs II, Dr. William Cook and Dr. Warren Proudfoot be reappointed
as non-faculty members of the Board of Directors of the McDowell Cancer
Network; (2) Dr. Merle M. Mahr be appointed as a non-faculty member; and
(3) Dr. Carolyn Williams and Dr. Robert L. Lester be appointed as faculty
members with terms beginning October 1, 1986 and expiring September 30,
1989.  He also recommended that Mrs. Judy Rose be appointed to fill a
vacancy in a term expiring September 30, 1987.  The motion, which was made
by Mr. Farmer and seconded by Mr. Griffin, carried unanimously.   (See PR 6A
at the end of the Minutes.)

       M.   Acceptance of Interim Financial Report for the University of
Kentucky for the Two Months Ended August 31, 1986 (FCR 1)

       Mr. Clay, Chairman of the Finance Committee, reported that the
Committee met on the morning of October 14 and reviewed the agenda items to
be presented for action.  He then recommended and moved that the Board
accept the University of Kentucky Consolidated Financial Report for the two
months ended August 31, 1986.  The motion was seconded by Mr. Griffin, and
it was so ordered. (See FCR 1 at the end of the Minutes.)

       N.    Disposal of Personal Property  (FCR 2)

       On motion made by Mr. Clay, seconded by Mr. Rose and carried, the
Board approved the disposition of obsolete and surplus equipment as
recommended in FCR 2.  (See FCR 2 at the end of the Minutes.)

       0.    Report of Leases  (FCR 3)

       On motion made by Mr. Clay, seconded by Mr. Lunsford and carried,
the Board accepted the report of leases in FCR 3.   (See FCR 3 at the end of
the Minutes.)

       P.   Agreement with the Lexington-Fayette Urban County Government
for the Development and Operation of an Arboretum Park- (FCR 4)

        After complimenting the members of the Finance Committee for their
wisdom and vision in dealing with the proposed agreement with the
Lexington-Fayette Urban County Government for the development and operation
of an arboretum park, Mr. Clay moved approval.  Chancellor Gallaher, at Mr.
Clay's request,  recounted the history of the development of the proposal
and indicated that it had value not only to the community but to a number
of educational programs at the University.  Mr. Hershey seconded the motion
which carried without dissent.  (See FCR 4 at the end of the Minutes.)