Minutes of the Meeting of the Board of Trustees of the University of Kentucky, Tuesday,
May 1, 2001.

       The Board of Trustees of the University of Kentucky met at 1:00 p.m. (Lexington time)
on Tuesday, May 1, 2001 in the Board Room on the 18th floor of Patterson Office Tower.

       A.    Meeting Opened

       Billy Joe Miles, Chairperson, called the meeting to order at 1:00 p.m., and the invocation
was pronounced by Dr. Grady Stumbo.

       B.    Roll Call

       The following members of the Board of Trustees answered the call of the roll: Governor
Edward T. Breathitt, Mr. Paul W. Chellgren, Ms. Marianne Smith Edge, Mr. James Glenn III,
Dr. Loys L. Mather, Dr. Robert P. Meriwether, Mr. Billy Joe Miles (Chairman), Dr. Daniel R.
Reedy, Ms. Marian Sims, Ms. Alice Sparks, Dr. W. Grady Stumbo, Ms. JoEtta Y. Wickliffe, Mr.
Billy B. Wilcoxson, Mr. Russell Williams and Ms. Elaine Wilson. Absent from the meeting
were Mr. Merwin Grayson, Mr. John "Jack" Guthrie, Dr. Elissa Plattner, Mr. Steven S. Reed,
and Mr. C. Frank Shoop. The University administration was represented by President Charles T.
Wethington, Jr.; Chancellors James W. Holsinger, and Elisabeth Zinser; Vice Presidents
Fitzgerald Bramwell, Joseph T. Burch, Ben W. Carr, George DeBin and Eugene Williams; Dr.
Juanita Fleming, Special Assistant for Academic Affairs; and Mr. Richard E. Plymale, General
Counsel.

      Members of the various news media were also in attendance. A quorum being present,
the Chairperson declared the meeting officially open for the conduct of business at 1:03 p.m.

      C.    Schedule for Meetings of Board of Trustees - 2001-2002

      Mr. Miles called attention to the Schedule for Meetings of the Board of Trustees for
2001-2002 that was distributed in the Board packets.

      D.    Consent Agenda

      Mr. Miles stated that there were two items on the consent agenda:

             Approval of Minutes
             AACR 1 - Establish School of Interior Design

      Ms. Wilson moved approval of the Consent Agenda. The motion, seconded by Mr.
Chellgren, carried. (See AACR 1 at the end of the Minutes.)

      E.    Report on Capital Campaign (PR IA)

      Before beginning the report on the Capital Campaign, President Wethington welcomed
Dr. Lee Todd as his and the Board's guest to the meeting and invited him back to the meeting in
June. He said that he looks forward to working with Dr. Todd during the transition period.