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[69] > Image [69] of Minutes of the University of Kentucky Board of Trustees, 1970-04-apr7.

Part of Minutes of the University of Kentucky Board of Trustees

Office of the President April 7, 1970 +t2[ 2 A Members, Board of Trustees: AUTHORIZATION TO EXECUTE EASEMENTS Recommendation: that the Board of Trustees authorize the Vice President- Business Affairs and Treasurer to execute, on behalf of the Board, any and all real property easements over, under, or upon property owned by the Com- monwealth of Kentucky, for the use and benefit of the University of Kentucky, which (1) directly benefit the University of Kentucky, or (2) involve a considera- tion of less than $1, 000. 00. Background: Presently, all easements are presented to the Board for approval, with the Vice President-Business Affairs and Treasurer receiving authorization to execute the easements on behalf of the Board. The easements are then for- warded to the Department of Finance for approval by the Governor and execution by the Commissioner of Finance. The above recommendation, if adopted, would enable the University to expedite easement requests by eliminating the loss of time presently involved in getting Board approval, thereby enabling the requesting party (usually one of the utilities companies) to proceed without delay or interrup- tion. Action: Approved X Disapproved Other Date: April 7 , 1970