ACTION ITEM:

Approval of Resolution – Authorized Signatory for Endowment.

FACTS:

Kentucky State University needs to name an authorized person to serve as a signatory for Endowment. At this time, the former Chief Operating Officer is the only authorized person listed on this account.

BUDGETARY IMPLICATIONS:

None.

RECOMMENDATION:

Interim President Ronald A. Johnson recommends that the Kentucky State University Board of Regents approve the Resolution for Authorization to Serve as Signatory for the End.

MOTION:

Approve Resolution for Authorization to Serve as Signatory for Endowment.

Finance and Administration