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       G.    Appointment of President. Lexington Community College (PR 4A)

       President Wethington stated that PR 4A is the recommendation for
the appointment of a new president for Lexington Community College. He
asked Chancellor Carr to comment on the appointment.

       Chancellor Carr said that he was pleased to recommend Dr. Janice
Friedel as President of Lexington Community College effective April 1,
1994. He said that the recommendation comes from a search committee made
up of students, faculty, staff and the Advisory Board Chair. He briefly
reviewed her credentials. He said that Dr. Friedel could not be present
at the Board meeting but said that she and her family were making plans
to move to Lexington.

       On motion made by Professor Sistarenik, seconded by Mrs. Bell and
carried, Dr. Janice Friedel was named President of Lexington Community
College effective April 1, 1994. (See PR 4A at the end of the Minutes.)

       President Wethington said that he is delighted to have Dr. Friedel
be a part of the Community College System. He commended Chancellor Carr
and the search committee for their fine work. He noted that Dr. Tony
Newberry had been serving as Acting President of Lexington Community
College and would continue to serve until Dr. Friedel arrives.

       H.    Acceptance of Interim Financial Report for the University of
Kentucky for the Six Months Ended December 31. 1993 (FCR 1)

       Mr. Hardymon, Chairperson of the Finance Committee, reported that
the Finance Committee met at 11 a.m. (Lexington time) and reviewed the
twelve items on the agenda. He said that FCR 1 is the monthly interim
financial report for the six months that ended December 31, 1993. He
reported that the expenditures are running at $447.8 million or 50% which
are the same percentage figures as this time last year. He said that the
university's financial situation appears strong in judging it against
previous budgets. He moved that the interim report be accepted. Mr.
Welenken seconded the motion, and it passed. (See FCR 1 at the end of
the Minutes.)

       I.    Designation of Depository Bank (FCR 2)

       Mr. Hardymon moved that the Board designate The Harrison Deposit
Bank and Trust Company, Cynthiana, Kentucky to serve as a depository bank
for the University of Kentucky Maysville Community College, Cynthiana
campus. He reported that three banks were contacted and The Harrison
Deposit Bank and Trust Company was the only respondent. His motion,
seconded by Mr. Shoop, carried. (See FCR 2 at the end of the Minutes.)

       J.    Capital Construction Report (FCR 3)

       Mr. Hardymon said that FCR 3 is the periodic report on capital
construction for the three months that ended December 31, 1993. lie
reviewed the activity in the report regarding contracts and moved that
FCR 3 be approved. Mrs. Bell seconded his motion, and it carried. (See
FCR 3 at the end of the Minutes.)