VI. Discussion of Budget Priorities

Regent Douglas opened the floor to a discussion of budget priorities. The Board responded with the following list of priorities:

• Maintenance and improvement of student retention efforts
• Avoidance of staff and faculty lay-offs and salary reductions
• Resolution of all facility maintenance issues and strengthening of facility infrastructure
• Expansion of library facilities and hours of operation
• Maintenance of residential halls and improving access to alumni facilities

Consideration of retirement incentives

In response to a question from the Board, President Sias confirmed the necessity of converting the University's Enterprise system.

VII. Closed Session

Action: A motion to convene a closed session to discuss a proposed real estate purchase was made by Regent Bearden and seconded by Regent Greene. The motion passed.

The Board discussed a proposed real estate purchase during the closed session. The Board made no formal action.

VIII. Approval of Proposed Property Acquisition

Action: A motion to approve the purchase of the former Paul Sawyer Public Library building located in downtown Frankfort, Kentucky was made by Regent Bearden and seconded by Regent Greene. The motion passed

IX. Adjournment

Action: A motion to adjourn the Regular Meeting of the Board was made by Regent Lane and seconded by Regent Bearden. The motion passed.

The meeting adjourned at 3:11 p.m.

Submitted by:

Approved by:

Angela G. Curry, Secretary General Counsel Kentucky State University

___ approved with no corrections ___ approved with corrections Laura Douglas, Chair Board of Regents Kentucky State University

Laura Douglas, Chair Board of Regents Kentucky State University

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