KRS 164.270: Sale of realty -- When authorized.

Whenever any real estate held by the Commonwealth for the use or benefit of the

University or the Kentucky agricultural experiment station is, in the opinion of the board

of trustees of the University, no longer necessary for the purpose of the University or

more suitable for some other use consistent with the interests of the University, the board

of trustees may, with the approval of the Governor, sell or otherwise dispose of such real

estate. Such disposition shall be made in accordance with KRS 45A.045. This section

does not authorize the sale of any real estate situated in the city of Lexington within the

area bounded by Winslow Street or Euclid Avenue on the north, Rose Street on the east,

Graham Avenue, Graham Avenue extended, and Washington Avenue on the south, and

Limestone Street on the west.