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[7] > Image [7] of Minutes of the University of Kentucky Board of Trustees, 1993-02-mar2.

Part of Minutes of the University of Kentucky Board of Trustees

- 7 - On motion made by Judge Wilhoit, seconded by Dr. Meriwether and carried, PR 6A was approved. (See PR 6A at the end of the Minutes.) 0. Nathaniel Northington Recognized President Wethington recognized Nathaniel Northington in the audience. He asked Governor Breathitt to comment on Mr. Northington's attendance. Governor Breathitt reminded the Board that the month of February was African-American history month. He said that it is a distinct privilege to have Mr. Nathaniel Northington at the Board meeting. He informed the Board that Mr. Northington was the first African-American to make the courageous decision to accept an athletic scholarship at the University of Kentucky and participate in the Southeastern Conference. He briefly reviewed Mr. Northington's high school and college career and noted that he was voted all OVC player and most valuable player while attending Western Kentucky University. He pointed out that Mr. Northington has had an outstanding career as a citizen in the Commonwealth and is currently the Director of Housing Management for the City of Louisville. He mentioned that Mr. Northington has been recognized with many honors by the Junior Chamber of Commerce. He expressed appreciation to Mr. Northington for his contribution not only at the University of Kentucky but in the Southeastern Conference for taking the first step for African-Americans. Mr. Northington was given a round of applause. P. Acceptance of Interim Financial Report for the University of Kentucky for the Seven Months Ended January 31. 1993 (FCR 1) Mr. Hardymon, Chairperson of the Finance Committee, reported that the Finance Committee met and reviewed 14 items for the Board's consideration. He stated that FCR 1 is the interim financial report for the seven months that ended January 31, 1993. He reviewed the realized income and expenditures and said that the balance sheet is in good shape. He recommended acceptance of the report. Mr. Shoop moved approval. The motion was seconded by Mrs. Sims and passed. (See FCR 1 at the end of the Minutes.) Q. Report of Leases (FCR 2) Mr. Hardvmon stated that FCR 2 is a report on three lease agreements that do not exceed $30,000 in value. He reminded the Board that the President is authorized to enter into leases not exceeding $30,000 and that a report of such leases is submitted to the Board for review. He reviewed the leases and stated that the Finance Committee recommends acceptance of the report. Mr. Chellgren moved approval. His motion, seconded by Mr. November, carried. (See FCR 3 at the end of the Minutes.)