A RESOLUTION of the Executive Committee of the Board of
          Trustees of the University of Kentucky authorizing steps
          to be taken in connection with the authorization and
          sale of University of Kentucky Consolidated Educational
          Buildings Revenue Bonds, Series E.


          WHEREAS, it is considered desirable and necessary that University

of Kentucky Consolidated Educational Buildings Revenue Bonds, Series E, be

issued to finance the construction of a Bioloaical Sciences Buildinc and a

Family Practice Facilities Buildinq and-to complete the construction of a

Patient Care Facility Addition and perhaps to construct a Fine Arts Build-

ing, together with necessary appurtenances, and

          WHEREAS, it is desired to formally authorize and sell such bonds

at a regular meeting of the Board of Trustees, but that prior to such time

the exact provisions of a resolution authorizing such bonds be determined

for formal presentation to such Board of Trustees and that a notice of

sale of such bonds be advertised in The Bond Buyer, New York, New York, and

in The Courier-Journal, Louisville, Kentucky, in accordance with leoal re-

quirements,

          NOW, THEREFORE, BE IT RESOLVED BY THE EXECUTIVE COMMITTEE OF THE

BOARD OF TRUSTEES OF THE UNIVERSITY OF KENTUCKY AS FOLLOW.iS:

          l. That the appropriate representatives of the University of Ken-

tucky, the Fiscal Agent for such institution in connection with the issu-

ance of such Series E bonds and Bond Pounsel in connection therewith be

and are hereby authorized to prepare the exact form of a bond resolution

authorizing such Series E bonds after it has been determined the exact amount



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