Minutes of the Meeting of the Executive Committee of the University
 of Kentucky, February 17, 1961.


        The Executive Committee of the University of Kentucky met in the
President' s Office on the campus of the University at 2: 00 p. m., EST,
Friday, February 17, 1961, with the following members present; R. P.
Hobson, Chairman; Dr. Ralph J. Angelucci, Robert Hillenmeyer and Harper
Gatton.  Mr. J. Stephen Watkins was also present but had to leave as the
meeting opened to keep a previous engagement. Also present were
President Frank G. Dickey and Secretary Frank D. Peterson.



       A. Approval of Minutes.

       Upon motion duly made, seconded and carried, the Minutes of the
Executive Committee of January 20, 1961, were approved as published.



       B. Financial Report.

       Mr. Peterson submitted Financial Report. He summarized the
operations for the first seven months of the current fiscal year, and called
attention to the Balance Sheet for General Current Funds and the Balance
Sheet for Plant Funds.  The Report having been mailed to members of the
Executive Committee and they being familiar with it, upon motion duly made,
seconded and carried, the Report was received and filed.



       C. Donee Resolution for Surplus Property Approved.

       Mr. Peterson submitted a Resolution requested by the Federal Govern-
ment and the Division of Prcperty Utilization evidencing that the Governing
Board of the University accept property under conditions stipulated by the
Civil Defense Organization and Surplus Property Utilization, and that the
person visiting sites of donable surplus property are bona fide authorized
representatives of the University of Kentucky.  Mr. Peterson recommended
that Henry L. Morris, Retired Colonel of the Army, be authorized to repre-
sent the University in the acquisition of federal surplus property.

       The Committee being advised, upon motion duly made, seconded and
carried, the Donee Resolution was approved and authorized put to record.



       D. Contract with Tibbals CoE-pan, Inc., approved.

       Mr. Peterson presented a contract between Tibbals Company, Inc.
Cincinnati, Ohio, and the University of Kentucky Northern Center. He
explained that the Northern Center at Covington is located on a site which
is not adjacent to normal sources of food units and that it seems desirable