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       0.    C. M. "Bill" Gatton Gift (FCR 4)

       Mr. Hardymon stated that FCR 4 recommends that the Board accept a
gift of $102,888 from C. M. "Bill" Gatton to the University of Kentucky
Athletics Association to be used for capital improvements. He noted that
Mr. Gatton is a native Kentuckian, a 1954 UK graduate, and a UK Fellow.
He expressed appreciation for the gift and recommended approval by he
Board. Mr. Sturgill seconded the motion, and it passed. (See FCR 4 at
the end of the Minutes.)

       P.   Acceptance of Gift f&Qm Kentucyv Medical Services Foundation
of Kentucky Clinic Building Expansion (FCR 5)

       Mr. Hardymon said that FCR 5 is a gift from the Kentucky Medical
Services Foundation (KMSF) which will consist of a clinic and office
facility to be constructed on the University of Kentucky campus at 740
South Limestone Street. He reported that this is a sizable construction
project: a five-story, 60,000 square foot facility to be attached to and
programmatically integrated with the existing outpatient clinic facility.
He recommended approval of FCR 5. The motion, seconded by Mr. Shoop,
carried. (See FCR 5 at the end of the Minutes.)

       President Wethington said that two representatives of KMSF were in
the audience and asked Chancellor Bosomworth to introduce them.
Chancellor Bosomworth recognized Dr. Albert Selke, Chairman of the KMSF
Board, and Mr. William Merritt, Director of KMSF. He mentioned other
significant gifts from KMSF to the University and thanked Dr. Selke and
Mr. Merritt for these gifts and their leadership along with the other
Board members of KMSF.

       Q.    Practice Plans - Colleges of Allied Health Professions and
Nursing (FOR 6)

       Mr. Hardymon said that FCR 6 is a recommendation for practice plans
for the Colleges of Allied Health Professions and Nursing. He reported
that the Board authorized general guidelines for practice plans in May
1990. He recommended approval of FCR 6. Mrs. Weinberg seconded the
motion, and it passed. (See FCR 6 at the end of the Minutes.)

       R.    A Resolution of the Board of Trustees of Univerlity-of
Kentucky Authorizing the Issuance of Said Board's Housing and Dining
System Revenue Bonds. Series 0. to be Dated the First Day of the Month in
Which Sold: Authorizing Proper Procgedings Relative to the Public Sale of
the  n  and the Disposition of the Proceeds Thereof: Authoing
Execution of a Seventh Supplemental Trust Indenture Between the Board and
FarmersBank& Capital Trust Company. Frankfort.-Kentucky. as Trustee. in
Compliance with the Provisions of the Trust Indenture Dated June 1. 1965
(FCR 7)

       Mr. Hardymon stated that FCR 7 is a new bond issue for $2,205,000
twenty-year bonds, and the bids would be due May 3.   At that time, the
Finance Committee will review the bids and decide whether to present them
to the Board for acceptance. He noted that these funds are for the