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       D. Announcement Relative to Senate Reception

       President Singletary reminded the members of the Board that the annual
reception in honor of the Board of Trustees which is hosted by the University
Senate was scheduled from 4:00 to 8:00 o'clock, following the meeting and urged
as many members of the Board to attend as could do so.


       E. President's Report to the Trustees

       President Singletary called attention to his monthly report on University
activities since the last meeting of the Board of Trustees. The report was ac-
cepted with thanks and ordered filed.


       F. Recommendations of the President (PR 2)

       The items in PR 2 being routine in nature and there being no questions, on
motion duly made, seconded, and carried, PR 2, Recommendations of the Presi-
dent, was approved as a whole and ordered made an official part of the Minutes of
the meeting. (See PR 2 at the end of the Minutes. )


      G. Supplemental Recommendations of the President (PR 3)

      President Singletary explained that the recommendations in PR 3 would
permit early payment of the supplemental compensation under the Physicians'
Service Plan already approved by the Board of Trustees and recommended ap-
proval. Without discussion, on motion by Governor Chandler, seconded, and
passed, it was so ordered. (See PR 3 at the end of the Minutes. )


      H. Resolution Authorizing, Ratifying and Approving All Action Taken
by the Board at the November 15, 1971, Meeting with Reference to the Plan
of Financing a New Stadium, Parking Areas to be Used in Connection Therewith
and Other Necessary Appurtenances

      Mr. Darsie explained that bond counsel had suggested that all of the action
taken by the Board at the meeting on November 15, 1971, with reference to
financing a new stadium, parking areas to be used in connection therewith and
other necessary appurtenances be authorized, ratified and approved at a statutory
regular meeting of the Board. Thereupon, Mr. Alverson introduced, caused to
be read and moved the immediate adoption of a resolution entitled:

     A RESOLUTION AUTHORIZING, RATIFYING AND APPROVING ALL
     ACTION TAKEN BY THE BOARD OF TRUSTEES OF THE UNIVERSITY
     OF KENTUCKY AT THE MEETING ON NOVEMBER 15, 1971, WITH
     REFERENCE TO FINANCING A NEW STADIUM, PARKING AREAS TO
     BE USED IN CONNECTION THEREWITH AND OTHER NECESSARY
     APPURTENANCES,