Minutes of the Meeting of the Executive Committee of the Board
of Trustees of the University of Kentucky, Tuesday, January 21, 1986.

        The Executive Committee of the Board of Trustees of the
University of Kentucky met at 1 p.m. (Eastern Standard Time) on
Tuesday, January 21, 1986 in the Board Room on the 18th floor of the
Patterson Office Tower on the Lexington Campus.

        A.    Meeting Opened and Roll Called

        Mr. Robert T. McCowan, Chairman, called the meeting to order at
1 p.m., and the invocation was pronounced by Mr. Lassetter.

        The following members of the Executive Committee of the Board
of Trustees answered the call of the roll: Mr. Robert T. McCowan
(Chairman), Mr. William R. Black, Mr. Albert G. Clay, Mr. Tracy Farmer,
Mr. T. A. Lassetter, and Mr. George W. Griffin, Jr. (Ex Officio
Secretary). Members of the 8oard of Trustees attending the meeting
were Mr. Thomas P. Bell, Mr. John S. Cain, Professor Timothy A.
Cantrell, Governor Albert Benjamin Chandler (Honorary Trustee), Mr.
Henry E. Hershey, Mr. R. Larry Jones, Professor James D. Kemp, Mr.
Frank Ramsey, and Professor Constance P. Wilson. The University
administration was represented by President Otis A. Singletary; Mr.
James 0. King, Vice President for Administration; Chancellors Peter P.
Bosomworth, Art Gallaher, and Charles T. Wethington; Dr. Raymond R.
Hornback, Vice President for University Relations; Mr. Edward A.
Carter. Associate Vice President for Planning and Budget; Mr. John C.
Darsie, General Counsel; Mr. Henry Clay Owen, Controller and Treasurer;
and Dr. Paul G. Sears, Special Assistant for Academic Affairs.

        Members of the various news media were also in attendance. The
Secretary reported all members of the Executive Committee present, and
the Chairman declared the meeting officially open for the conduct of
business at 1:03 p.m.

        B.    Minutes Approved as Amended

        Professor Kemp called attention to the information item
regarding Professor David T. Kao on page 2 of the December 10, 1985
Minutes of the Meeting of the Board of Trustees in which the word
"Civil" had been omitted in the name of the Department of Civil
Engineering. Mr. Farmer moved that the correction be made and that the
Minutes be approved as amended. His motion was seconded by Mr. Black
and carried.

        C.    President's Report to the Trustees   (PR 1)

        President Singletary called attention to his monthly report to
the Trustees, copies of which were distributed earlier, and recommended
that it be read at their leisure. He reminded the Trustees of the