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    N.   Interim Financial Report (FCR 1)

    Mr. Clay, Chairman of the Finance Committee, reported that
the Committee had met on the morning of March 1 and considered
four items to be presented for action, the first of which was the
financial report for the six months ending December 31, 1982.
The Committee found the University to be "on target" and Mr. Clay
moved acceptance of the report. His motion, seconded by Mr.
Miles, carried and the financial report was accepted. (See FCR 1
at the end of the Minutes.)

    0.  Resolution Affirming the Authorization and Authorizing
the Executive Committee to Accept the Successful Bid for the
University of Kentucky Consolidated Educational Buildings Revenue
Bonds, Series H (FCR 2)

    Thereupon, a motion was made by Mr. Clay and seconded by Mr.
Griffin that the following titled Resolution, which was read in
summary form to the Board of Trustees, be passed and adopted:

    A RESOLUTION AFFIRMING THE AUTHORIZATION AND AUTHOR-
    IZING THE EXECUTIVE COMMITTEE TO ACCEPT THE SUCCES-
    FUL BIDS FOR THE $8,500,000 UNIVERSITY OF KENTUCKY
    CONSOLIDATED EDUCATIONAL BUILDINGS REVENUE BONDS,
    SERIES H.



    (The full Resolution being attached to these Minutes as
Exhibit 1.)

    Whereupon a vote being taken on the motion, the result was as
follows:

         Yeas                                       Nays

    William B. Sturgill                             None
    Thomas P. Bell
    Albert G. Clay
    Opal Skaggs Conley
    James W. Dinkle
    Ronald G. Geary
    George W. Griffin
    Edythe Jones Hayes
    Brereton C. Jones
    R. Larry Jones
    T. A. Lassetter
    W. Terry McBrayer
    Robert T. McCowan
    A. Stevens Miles
    William F. Wagner
    Constance P. Wilson