SIZE OF PARCEL



Lot 17, 7.74 acres; shown on the
Coldstream Research Campus
Development Plan.



BUILDING SIZE



Multiple buildings with 10,000
footprint; total square feet of
40-100,000



GROUND RENT



Minimum $6,750 per acre gross as
developed per year for years 1-5.



Rent increases by 25% of the
Consumer Price Index every five
years.

Rent adjusted every 30 years to
reflect the market value of the
land.

Payments made to the University
for the use and benefit of the
University.



ARCHITECTURAL AND
SITE DESIGN
GUIDELINES AND
RESTRICTIONS ON USE



To ensure a quality project and
compatibility with the
University' 8 long-term
development concepts for the
Coldstream Research Campus, the
lease requires Lessee to comply
with:



Office, Industry and Research
Park (F-2) Zone

Architectural and Site Design
Guidelines for the Coldstream
Research Campus



UNSUBORDINATED LEASE



INFRASTRUCTURE



The University's interest in the
property will not be subordinated
to any mortgage or lien placed on
the property.



The University of Kentucky will
provide infrastructure to the
site.



Date: May 4. 1993



- A



Action taken:  Approved            Disapproved           Ot    her_