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       S.    Acceptance of Gift from the Humana Foundation (FCR 9)

       Mr. Ockerman entertained a motion by Professor Rhoads that the
Board accept a gift of $115,750 from the Humana Foundation to the
Jefferson Community College for the Fine Arts Center Renovation Fund.
The motion, seconded by Mr. Crosbie, carried. (See FCR 9 at the end
of the Minutes.)

       T.    Acceptance of Gift from the Gheens Foundation (FCR 10)

       Mr. Ockerman recommended that the Board accept the gift of
$150,000 from the Gheens Foundation to the Sanders-Brown Center on
Aging. On motion made by Mr. Rose, seconded by Mr. Sturgill and
carried, the gift was accepted. ( See FCR 10 at the end of the
Minutes.)

       U.    Edward T. Breathitt Professorship of Law (FCR 11)

       Mr. Ockerman recommended that the Board establish the Edward T.
Breathitt Professorship of Law in the College of Law. Judge Wilhoit
moved approval. His motion, seconded by Mr. Ulmer, passed. (See FCR
11 at the end of the Minutes.)

       V.    Disposition of Timber on Lands Subject to Coal Leases in
Breathitt. Knott and Perry Counties (FCR 12)

       With the Finance Committee so recommending, Mr. Ockerman
entertained a motion that the University administration be authorized
to sell the timber on the tracts of the Robinson Forest specified in
FCR 12. The motion made by Mr. Rose and seconded by Mr. Sturgill,
carried. (See FCR 12 at the end of the Minutes.)

       W.    Acceptance of Gift from the Discovery Channel (FCR 13)

       On motion made by Mr. Shoop, seconded by Mr. Crosbie and
carried, the President was authorized to accept various assets of The
Learning Channel as a gift to the University. (See FCR 13 at the end
of the Minutes.)

       X.    Establishment of Quasi-Endowment Fund for University of
Kentucky Undergraduate Students (FCR 14)

       Mr. Ockerman entertained a motion by Dr. Meriwether that the
Board of Trustees authorize the creation of a Quasi-Endowment Fund
titled the "University of Kentucky Undergraduate Scholarships." His
motion, seconded by Mr. Burnett, passed. (See FCR 14 at the end of
the Minutes.)

       Y.    Establishment of Quasi-Endowment for The Viii Jeganathan
Scholarship (FCR 15). Establishment of Quasi-Endowment for Study
Abroad ScholarshiR (FCR 16) and Establishmelnlt of Quasi-Endowment for
OIA International Student Endowed Scholarship (FOR 17)

       With the Finance Committee so recommending, Mr. Ockerman
entertained a motion by Professor Rhoads that the establishment of the
quasi-endowments listed in FCR 15, 16 and 17 be approved. The motion
was seconded by Mr. Wilcoxson and carried. (See FCR 15, 16 and 17 at
the end of the Minutes.)