conferring these degrees. He moved approval of AACR 2. Dr. McCorvey seconded the motion, and it carried without dissent. (See AACR 2 at the end of the Minutes.)
N. Termination of the Center for Historic Architecture Preservation (AACR 3)
Dr. Yanarella said that AACR 3 involves termination of the Center for Historic Architecture Preservation. In the year 2000, the Board of Trustees approved this establishment. There were high hopes and aspirations that the center would be able to become self-supporting with grants and contracts. The College of Design made strenuous efforts to find a nationally prominent director to take authority over this center. These aspirations and hopes were not realized, and with a new dean of the College of Design, the college is moving in different directions. Therefore, a request has moved through the dean of the College of Design, the Vice President for Research and the Provost, and the Academic Affairs Committee to the Board for termination of the Center for Historic Architecture Preservation. Dr. Yanarella moved approval of AACR 3. His motion, seconded by Ms. Patterson, carried without dissent. (See AACR 3 at the end of the Minutes.)
Dr. Yanarella reported that Provost Subbaswamy and Associate Provost Heidi Anderson gave the committee an update on the beginning of the semester. He said that the committee was appreciative of the overview and quite delighted with the statistics for this year. As a faculty member, he looks forward to the opportunity to teach these students as they go through their undergraduate career at the University of Kentucky.
O. Finance Committee Report
Mr. Branscum, chair of the Finance Committee, reported that the committee had a very active meeting with 13 reports and action items. FCRs 1 and 2 were consent items. They included gifts and pledges totaling $1.25 million. Mr. Branscum highlighted FCR 1, which is a $1 million pledge from James and Gay Hardymon to provide support for the construction projects and related priorities of the new University of Kentucky Albert B. Chandler Hospital. He gave special thanks to Mr. and Mr. Hardymon for their pledge and noted that they are graduates of the university. They are among the university's most generous donors. Mr. Hardymon has served on the Board of Trustees since 2003, and he served as chairman of the Board from 2004 through 2007. He serves as chair of the University Health Care Committee.
P. Renaming of Verizon South Inc. Chair in Network Engineering to the Verizon Communications Graduate Fellowship (FCR 3)
Mr. Branscum said that FCR 3 is the Renaming of Verizon South Inc. Chair in Network Engineering to the Verizon Communications Graduate Fellowship. The donor and the College of Engineering request that the funds' use and name of an endowment be changed from an academic chair to graduate fellowships in the college's Department of Computer Science. On behalf of the Finance Committee, he recommended approval of FCR 3. Mr. Shoop seconded the motion, and it carried without dissent. (See FCR 3 at the end of the agenda.)