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      M.    Report of Lease (FCR 2)

      With the Finance Committee so recommending, Mr. Ockerman
entertained a motion that the Board accept the President's report of
the new lease agreement between Ashland Community College and Public
School Corporation of the Ashland Independent School District.
Professor Betts made the motion. His motion, seconded by Mr. Crosbie,
passed. (See FCR 2 at the end of the Minutes.)

      N.    Approval of Lease (FCR 3)

      Mr. Ockerman asked for a motion that the administration be
authorized to enter into a lease between the College of Pha~rmacy
Continuing Education and Rose/Harman Investment Properties. Mr. Shoop
made such a motion. His motion was seconded by Professor Rhoads.
(See FCR 3 at the end of the Minutes.)

       0.    Patent Assignment (FCR 4)

       On motion made by Professor Bratt, seconded by Mr. Crosbie and
carried, the Board authorized the President to execute an assignment
on behalf of the Board of Trustees to the University of Kentucky
Research Foundation the following Letters of Patent of the United
States and the invention represented thereby: Mary Sue Coleman,
Serial No. 07/601,272, filed October 22, 1990. (See FCR 4 at the end
of the Minutes.)

       P.    1991-92 Budget Revisions (FQR 5)

       Mr. Ockerman entertained a motion that the Board approve the
routine budget revisions listed in FCR 5. On motion made by Mr.
Burnett, seconded by Mr. Wilcoxson and passed, the revisions were
approved. (See FCR 5 at the end of the Minutes.)

       Q.    Approval of Employee Application to Sell Property to the
University (FCR 7)

       Acting on the recommendation of the Finance Committee, Mr.
Ockerman entertained a motion by Professor Rhoads that the Board of
Trustees approve the application of Mr. Charles T. Moore, an employee
of the College of Engineering, University of Kentucky, to sell his
property at 461 Woodland Avenue to the University of Kentucky. Her
motion, seconded by Mr. Burnett, passed. (See FCR 7 at the end of the
Minutes.)

       R.    Acceptance of Bell County Property (FOR 8)

       With the Finance Committee so recommending, Mr. Ockerman
entertained a motion that the Board accept property in Bell County to
be utilized as a site for a new campus for Southeast Community
College. The motion, which was made by Mr. Sturgill and seconded by
Mr. Shoop, carried. (See FCR 8 at the end of the Minutes.)