A RESOLUTION Constituting a Second Amendment to and Amending
           as Previously Clarified and Amended "A RESOLUTION AUTHORIZING
           THE ISSUANCE OF $12,200,000 COMMUNITY COLLEGES EDUCATIONAL
           BUILDINGS REVENUE BONDS, SERIES A, AND $4,489,000 COMMUNITY
           COLLEGES EDUCATIONAL BUILDINGS REVENUE BONDS, SERIES B, OF
           THE BOARD OF TRUSTEES OF THE UNIVERSITY OF KENTUCKY
                                       AND
           IN ANTICIPATION OF THE ISSUANCE OF SAID BONDS, AUTHORIZING
           THE ISSUANCE, JOINTLY WITH THE STATE PROPERTY AND BUILDINGS
           COMMISSION OF KENTUCKY, AND SUBJECT TO THE APPROVAL AND CON-
           CURRENCE OF SAID COMMISSION, OF REVENUE BOND ANTICIPATION
           NOTES IN THE MANNER AUTHORIZED BY KRS 56.513, THE SAME TO BE
           PAYABLE (A) AS TO PRINCIPAL SOLELY FROM THE PROCEEDS OF THE
           COMMUNITY COLLEGES EDUCATIONAL BUILDING REVENUE BONDS, SERIES
           A AND B, HEREIN AUTHORIZED, WHEN SAID BONDS ARE SOLD AND
           DELIVERED (OR FROM THE PROCEEDS OF RENEWAL NOTES OR IN PART
           FROM THE SOURCE HEREIN PROVIDED THEREFOR), AND (B) AS TO
           INTEREST FROM THE SOURCES HEREIN PROVIDED THEREFOR; AND
           REQUESTING APPROVAL AND CONCURRENCE OF SAID COMMISSION."


           WHEREAS, due to the passage of time events have transpired which make

 it advisable and for the best interests of the Board of Trustees that the Reso-

 lution adopted on May 6, 1969, the title of which was hereinbefore quoted in

 the title of this Resolution, as same was clarified by a resolution adopted on

 May 5, 1970, and same was amended by a resolution adopted on November 17, 1970,

(such Resolution, as so clarified and amended, hereinafter being referred to

sometimes as the Series A and Series B Resolution), be amended,

            NOW, THEREFORE, the Board of Trustees of the University of Kentucky

hereby resolves as follows:

                                   ARTICLE I.

          Section 2.02 of such Series A and Series B Resolution as clarified is

hereby amended to read as follows:

          Section 2.02. Said Series A Bonds are being issued for the purpose

     of paying the costs (to the extent not otherwise provided) of reconstructing,