FCR 7
Office of the President
April 30, 2002




Members, Board of Trustees:

         UK COLDSTREAM RESEARCH CAMPUS EXTENSION
                OF MINI CAMPUS INTO LOTS 21 AND 22

Recommendation: that the Administration be authorized to extend the mini
campus to lots 2 land 22 (14 acres).

Background: Currently the mini campus consists of lots 17 and 18 (13 acres).
The mini campus is master planned for seven (7) buildings with a total of
approximately 103,000 s.f. Presently, six (6) of the buildings are complete.
Construction on the seventh (7h) building is expected to begin in the fall of 2002.
Expansion into lots 21 and 22 is currently master planned for an additional nine
(9) buildings with a total of approximately 144,000 s.f. Infrastructure will be the
responsibility of the lessee.

There are fifteen (15) companies located in the mini campus with over 135
employees. The entire development at Coldstream features nineteen (19)
companies with over 735 employees.



A a  Approved  Li Disapproved



Action taken:



Li Other