Office of the President
December 10, 1991



EC0  



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Members, Board of Trustees:

        ACCEPTANCE OF GIFT FROM THE DISCOVERY CHANNEL

Recommendation: that the President be authorized to accept
various assets of The Learning Channel as a gift to the
University. The assets in question have an appraised value of
$488,209; they consist of leasehold improvements, equipment.,
materials and supplies, furniture and fixtures, tools and spare
parts.

Background:  The University leased property on Coldstream Farm
on October 1, 1979 for a satellite uplink which came to be
operated by The Learning Channel. The Learning Channel has
been acquired by The Discovery Channel. The Discovery Channel
plans to discontinue use of the site and proposes to donate the
equipment to the University and cancel its lease of the
Coldstream property.



Action taken:



Approved         Disapproved



Other



Date: December 10. 1991