KENTUCKY STATE UNIVERSITY Special Meeting of the Board of Regents 1:00 p.m., September 12, 2014 Board Room, Julian M. Carroll Academic Services Building Frankfort, Kentucky Karen W. Bearden, Presiding

MINUTES

IX. Call to Order:

Chairperson Karen Bearden called the meeting of the Kentucky State University Board of Regents to order at 1:00 p.m. on September 12, 2014.

X. Roll Call:

Chairperson Bearden asked the Secretary to the Board to conduct the Roll Call:

Regent Mindy Barfield, Present *After Roll Call

Regent Karen Bearden, Present

Regent Elaine Farris, Present *After Oath of Office

Regent David Guarnieri, Absent

Regent Travis Haskins, Present

Regent LaVaughn Henry, Present *After Roll Call

Regent Ekumene Lysonge, Absent

Regent Elgie McFayden, Present

Regent Syamala H.K. Reddy, Present *After Roll Call

Regent Breana Smith, Present

Regent Charles Whitehead, Present

Nine Regents were in attendance. A quorum was declared after Roll Call.

XI. Opening Remarks:

Chairperson Bearden welcomed the attendees to the meeting. Chair Bearden asked President Burse to begin with his remarks.

Interim President Raymond M. Burse welcomed attendees to the meeting.

XII. Oath of Office:

Lori Davis, Board Secretary, administered the Oath of Office to Dr. S. Elaine Farris.

XIII. President's Report:

When the special meeting was called, President Burse was reminded of March 2008 when General Electric stock dropped significantly and some employees opened their windows and were about ready to jump, and similarly, last week at KSU, things seemed dire, but this week, things have improved.

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