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    H.   Patent Assignment (PR 5A)

    President Singletary recommended approval of the routine
patent assignment in PR 5A. On motion by Mr. Clay and second by
Mr. Farmer, PR 5A was approved. (See PR 5A at the end of the
Minutes.)

    I.   Interim Financial Report (FCR 1)

    Mr. Clay, Chairman of the Finance Committee, reported that
the Committee had met on the morning of January 25 and considered
four items to be presented for action, the first of which was the
financial report for the five months ending November 30, 1982.
The Committee found the University to be 'on target' and Mr. Clay
moved acceptance of the report. His motion, seconded by Mr.
Farmer, carried and the financial report was accepted. (See FCR
1 at the end of the Minutes.)

    J.   Estate of Mildred Sinclair Lewis (FCR 2)

    The Finance Committee so recommending, Mr. Clay moved that
the Board authorize the establishment of a quasi-endowment under
the terms of the Will of Mildred Sinclair Lewis as presented in
FCR 2. His motion was seconded by Mr. Miles and carried
unanimously. (See FCR 2 at the end of the Minutes.)

    K.   Adoption of Resolutions Authorizin   University of
Kentucky Consolidated Educational Buildin s Revenue Bonds, Series
H. and, Conditiona l, Bond Anticipation Notes of the Same Series
(FCR 3)

    Thereupon, a motion was made by Mr. Clay and seconded by Mr.
Farmer that the following titled Resolutions, which were read in
summary form to the Executive Committee, be adopted:

    A RESOLUTION AUTHORIZING THE ISSUANCE OF $8,50C,000
    UNIVERSITY OF KENTUCKY CONSOLIDATED EDUCATIONAL
    BUILDINGS REVENUE BONDS, SERIES H, OF THE BOARD OF
    TRUSTEES OF THE UNIVERSITY OF KENTUCKY.

    A RESOLUTION AUTHORIZING THE ISSUANCE OF $8,500,000
    UNIVERSITY OF KENTUCKY CONSOLIDATED EDUCATIONAL
    BUILDINGS REVENUE BONDS, SERIES H, OF THE BOARD OF
    TRUSTEES OF THE UNIVERSITY OF KENTUCKY AND THE
    ISSUANCE OF $8,500,000 UNIVERSITY OF KENTUCKY
    CONSOLIDATED EDUCATIONAL BUILDINGS REVENUE BOND
    ANTICIPATION NOTES, SERIES H, OF THE BOARD OF TRUSTEES
    OF THE UNIVERSITY OF KENTUCKY IN ANTICIPATION OF THE
    ULTIMATE ISSUANCE OF SAID SERIES H BONDS.


    (The full Resolutions being attached to these Minutes as
Exhibits 1 and 2, respectively.)