A motion was made by Regent James and seconded by Regent Willis to recommend to the full board approval of the receipt of the $633,000 matching fund allocation. The motion passed.

A motion was made by Regent Leavell-Greene and seconded by Regent Willis to recommend to the full board approval of the distribution of the funds, as outlined above. The motion passed.

The investment summary report was forwarded to all committee members and presented by Mr. Clint Long and Mr. James Faraday of Fifth Third Bank.

Regent Landy made a motion to adjourn the External Relations and Development Committee's April 24, 2009, meeting at 11:18 a.m., seconded by Regent Willis. The motion passed.

Submitted by: ___ Approved by: ___

Hinfred McDuffie Vice President for Administration, External Relations and Development Kentucky State University

External Relations and Development Committee Board of Regents Kentucky State University

Approved with no corrections External Relations and Development Committee Board of Regents Kentucky State University

Approved with corrections

Approved with corrections

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