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       H. Budget Revisions for 1971-72 Approved (PR 5)

       The budget revisions for 1971-7Z as recommended in PR 5 being routine
in nature and there being no questions, on motion by Mrs. Clark, seconded, and
carried, the revisions were authorized and approved as presented. (See PR 5
at the end of the Minutes.


       I. Designation of Buildings Approved (PR 6)

       Without discussion, on motion by Professor Sears, seconded by Mrs.
Blazer, and passed, the naming of the buildings as recommended in P4 6 were
approved as presented. (See PR 6 at the end of the Minutes. )


       J. Policy Statement on Naming of University Buildings Endorsed (PR 7)

       President Singletary explained that the policy statement, a copy of which
had been mailed to the members in advance of the meeting, did not require
Board approval inasmuch as it was an Administrative Regulation; however, he
felt that the Board should have an opportunity to react to the statement prior to
its distribution to the administrative staff of the University.

       On motion by Mr. Pence, seconded by Mrs. Blazer, and approved, the
policy statement relative to the naming of buildings on the University campus
was endorsed by the Board of Trustees of the University. (See PR 7 at the end
of the Minutes. )


       K. Committee on Housing Policy to be Appointed

       President Singletary said that the administration and the students had
reached an impasse in their deliberations relative to a housing policy which
was acceptable to both the administration and the student body and he wished to
announce his intention of naming a blue ribbon committee composed of Trustees,
alumni, students, faculty and Student Affairs personnel to take a somewhat
more substantive look at the housing policies on the Lexington campus. He indi-
cated that he would request the names of the three Board members following the
Governor's appointment of the new members to the Board. It is his intention to
request this committee to have a specific institutional policy formulated for
presentation to the Board no later than November 1972.


       L. Interim Financial Report Accepted (FCR 1)



Mr. Griffin, Chairman of the Finance Committee, moved that the