indicated that Dr. Clapp would be happy to answer any questions. There being
none, on motion by Mr. Cooper, seconded by Mrs. Clark and passed, the budget
revisions as given in PR 6 were authorized and approved. (See PR 6 at the end
of the Minutes.)

       I. Graduate Residence Center (PR 7)

       At President Singletary's request Dr. Cochran explained that the recom-
mendation in PR 7 would permit the continuation and extension in scope of the
Graduate Residence Center in Louisville which was approved on an experimental
basis in May 1972. If approved, the continuation of this Center would strengthen
the present cooperative efforts in graduate education between faculties of the
University of Kentucky and the University of Louisville.
       On motion by Mr. Burlew, seconded by Mr. Crockett and passed, the
recommendation relative to the Graduate Residence Center in Louisville was ap-
proved. (See PR 7 at the end of the Minutes.)

       J. Amendment to Governing Regulations Proposed by
Mr. Flegle (TR 1)

      Mr. Flegle presented a recommendation from the Student Senate which
would delete what he termed sexist phrases and words from the Governing Regu-
lations of the University. In presenting the suggested amendment to the Governing
Regulations, he said that it was not the intent of the Student Senate that the
Governing Regulations be reprinted but that the sexist words and phrases should
be deleted as amendments are made in the Regulations.

       Since the Board may not act on a change in the Governing Regulations until
a month has elapsed from the time of presentation, Mr. Clay accepted the pro-
posed amendment for consideration at a later meeting. (See TR 1 at the end of the
Minutes. )

       K. Interim Financial Report (FCR 1)

       Mr. Sturgill, as Chairman of the Finance Committee, said that the Com-
mittee had examined the Interim Financial Report as presented in FCR 1 and
recommended its approval. He so moved and his motion was seconded by Mr.
Palmer with all present voting 'Aye'. (See FCR 1 at the end of the Minutes.)

       L. Exchange of Property (FCR 2)

       After explaining the advantages to the University in the exchange of property
between the University and the Christian Student Fellowship of Lexington, Mr.
Sturgill said the Finance Committee recommended approval of the recommendation