Minutes of the Mleeting of the Executive Committee of the Board
 of Trustees of the University of Kentucky, February 17, 1950.


      The Executive Committee of the University of Kentucky met in the
 Presidentls Office at 10:00 a.m., Friday, February 17, 1950.  T he
 f olloi.wing members were present: CTuy A. Huguelet, Chairman; H. D. Pal-
 more and Harper Gatton.   Absent: J. C. Everett and R. P. Hobson.
 President H. L. Donovan and Secretary Frank D. Peterson met with the
 Committee.


      A. Approval of Minutes.

      The minutes of the Executive Committee of January 6, 1950, were
 approved as published.



      B. -Report of the Comptroller

      The Comptroller submitted financial report, consisting of Balance
Sheet of University funds as of January 31, 1950, together with sup-
porting statements of fund and budget operations for the current peri-
od which began July 1, 1949, and ended January 31, 1950.

      The report was examined by members of the Committee, and upon mo-
tion duly made, seconded and carried, was ordered received and filed.



     C, Increase in Appropriation for Ivlemorial Coliseum.

     President Donovan stated that it was necessary to purchase for
the Memorial Coliseum one electric organ one concert piano, velours
curtains, a stage approximately 40 x 70f , a sound system. and the
construction of concrete walks and final grading and landscaping
around the building.   He recommended that the sum of p65,000 be apP
propriated from the unappropriated surplus of the University budget
and placed to the credit of Account 4,1680.

     The members of the Committee heard the recommendation, and upon
motion duly made, seconded and carried, concurred in the request and
directed the Comptroller to make the necessary budget adjustments.