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[3]

Part of Minutes of the University of Kentucky Board of Trustees

2 - AACR 1 Candidates for Degrees - Community College System AACR 2 Candidates for Degrees - University System Ms. Wilson moved approval of the Consent Agenda. Her motion, seconded by Ms. Edge, carried. (See PR 2, AACR 1 and AACR 2 at the end of the Minutes.) E. President's Report to the Board of Trustees (PR 1) President Todd called attention to the following items in PR 1: I1. The University of Kentucky breaks $200 million mark in research. This year's awards represent a 22.1 percent increase over last year. President Todd reported that the University is up 10% already over last July and he believes the strategies put in place last year will begin to take even more effect this year. He congratulated the faculty for a great performance. 2. Twenty-two African-American upperclassmen spent their summer working in the scientific laboratories and academic offices of several University of Kentucky professors hired under the state's Research Challenge Trust Fund program. This was a recommendation from the Commission for Diversity headed by Professor Deneese Jones at that time. President Todd and Governor Paul E. Patton presented certificates to the participants at the end of their work. President Todd said that this is the type of program that the University wants added to the KYSS program, Kentucky Young Scientists Summer Program. 3. The University of Kentucky broke ground for a new Center for Rural Health building in Hazard. The $13.1 million project represents a unique cooperative effort between the University of Kentucky, Kentucky Community and Technical College System (KCTCS), state, federal and private funding. This building will be named the Bailey-Stumbo building in honor of Dr. Stumbo who has contributed so much to that region. President Todd expressed congratulations to Dr. Stumbo. 4. The American Society for Virology brought nearly 1,300 of the world's most prominent researchers on plant, animal and human viruses to UK's campus for a five-day meeting. President Todd said that comments were made about it being the best conference held in the 21-year history of that society. 5. The University of Kentucky generated $1.5 million in royalties during fiscal 2001-2002 from intellectual property licensed for use by business and industry. President Todd noted that this is down somewhat; however, UK did have a record of 83 inventions disclosed this past year.

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