MINUTES OF THE BOARD OF TRUSTEES



      Motion made, seconded, and unanimously carried, by an aye and nay vote, that

 IMris Davies' necessary expenses shall be paid in attending meeting, YaIr. Davies not

 voting.





      The following resolution was duly offered, seconded and carried, all present

 voting therefor except Mr. Stoll, who stated to the Board that his firm represented

 Carey-Reed Company, the contractor who built the street, and who declined to vote on

 the - oposition or to take part in the discussion thereof:

      Whereas the city of Lexington has heretofore ordered South Limestone Street,

 from Winslow Street to Virginia Avenue, improved with sheet asphalt at the expense of

 the abutting owners, and

     'Whereas the contract for said work was let to Carey-Reed Company, and said work

has been done in conformity to and in compliance with the contract and ordinances

therefor, and

     Whereas the University was desirous that said street should be improved and also

desires to pay for its proportionate part of same on the ten year plan,

     NOW, THEREFORE, BE IT RESOLVED that C. B. Nichols, the Chairman of this Committee,

andes. T. Lafferty, Secretary of the Board of Trustees and of this Committee, and

Business Agent, be, and they are hereby, directed, authorized and empowered to execute

for and on behalf of the State University, Lexington, ientucky, the waiver as required

-by law in order that the University may have the privilege of paying whatever tax may

be assessed against its property because of said improvement on the ten year plan, and

said Nichols and Lafferty are authorized and directed to sign the name of the University

to such paper, and to attach the corporate seal of the University thereto, and to do

any and all acts uhich may be necessary and to execute any and all papers which may re

(be) required  in order that the University may be extended the privilege of paying

such tax on the ten year plan.



.December 10, 1912