Use and Location



University Campus
Basic Agricultural Research:
    Lexington, Kentucky
    Princeton, Kentucky
    Quicksand, Kentucky
    Woodford County, Kentucky
Farm Demonstration:
    Owen County
    Mercer County
Crop Experimentation
    Seventy-two Counties
Forestry and Restoration



Acres of Land
   Owned


   782
   400
   200


   892



14400



A c re s of Land
  Leased





    138



400

144 *



Total Acres



16 774



682



* Average two acres per county

The total amount of the bonded indebtedness incurred by the University, since its
inception through February 29, 1956, is $9, 113, 500. Of this amount $1, 454, 000
has been retired and $7,659,500 is outstanding as of February 29, 1956.  The
schedule below is a complete record of the bond debt.



Revenue Bond Debt Record



  * Is sue
  1. Lan  Trust Certificates
  2. Buildings (General)
  3. Building (General)
4. Dormitory (Boys)
5. Auditorium-Field House
60 Library and Service Bldg.
   Stadium
 8. Journalism Building
 9. Dormitory (456 Rose St.)
 10. Dormitory (476 Rose St.)
 11. Dormitory of 1953 (Boys)
 12. Dormitory of 1952 (Boys)
 13. Dormitory of 1954 {Girls)
14. Dormitory of 1955 (Coop-
    erstown Apartments)



  Dated
  l677
  19 743
  1/1/36
9/1/3 8
6/1/46
8/1/48
4/1/49
4/1/49
1/1/50
10/l/50
12/1/50
5/1/5 3
7/1/52
5/1/54

6/1/55



Total



A mount
$256, 000
634, 000
  3 16, 000
  430, 000
  825, 000
  490, 000
  300, 000
  Z25, 000
  74, 500
  76, 000
  710, 000
1, 255, 000
  722, 000



2,800, 000



$9, 113, 500



Retired
$25, 000
392, 000
141, 000
  87, 000
  240, 000
  125, 000
  90, 000
  66, 000
  1z, 000
  10, 000
  15, 000
  2O, 000



Outstanding
ZZ29/ 1956
$ 0
  242, 000
  175, 000
  343, 000
  585, 000
  365, 000
  210, 000
  159, 000
  62, 500
  66, 000
  695, 000
1,235, 000
  722, 000

2, 800, 00



$1,454, 000 $7, 659, 500



The following financial report consists of a
ments for the period ending February 29, 1



balance shee t and related financial state -



Respectfully submitted


Frank D. Peterson
Vice President, Business Administration