DOWNTOWN STUDENT FACILITY TRUST                                 12 January 2004

      MINUTES OF THE FIFTEENTH MEETING OF DOWNTOWN STUDENT TRUST
      held on 12 January 2004 at 11am at Traill College JCR London Street,
      Peterborough, Ontario.

P R E S E N T: Dwayne Collis, Marisa Barnhart, Catherine Dickinson,
               John K Muir, and Matt Naylor.

Also Present: Derrick McIntosh, Steward.

Notice of this Meeting having been made to all the Trustees, and quorum of the
Trustees being present in person, the Meeting was declared duly constituted and
called to order at 11:10 a.m., with Catherine Dickinson acting as Chair and John
Muir acting as Secretary.

01 The Chair made some opening remarks and discussion followed.

02 The minutes from previous meetings held on 25 November and 08 December 2003
were not available and will be presented at the next Meeting.

03.  Steward's Report:
Derrick McIntosh presented the Steward's report, (see attached). Discussion
followed. UPON A MOTION duly made seconded and carried unanimously the Steward's
report was accepted as presented.

04.  Trustee Recruitment:
Preparations should be steered towards recruiting Board Members, rather than
replacement Trustees.

05.  Annual General Meeting Planning
It was decided that a general information meeting will be held on 27 January
2004, as a Annual General Meeting cannot be held until incorporation.

06.  Draft By-law and Corporate Name
It was reported that TrentU has trademarked the name "Peter Robinson College"
about one month prior to selling Peter Robinson properties on George Street, and
while deciding that the name would not be used on the Symons campus.  The
Trust's proposed name "Peter Robinson Student and Community Association", may be
subject to a challenge.  The name Peter Robinson and Peterborough derive from
Peter Robinson the pioneer and founder of a settlement which became the city of
Peterborough.  All agreed that some element of this name should be used to
designate the corporation to be incorporated.

The draft by-laws were reviewed subsequent to revisions made in December 2003, and further amendments were approved for presentation to Mr. Taylor.

07.  Any Other Business
Certain other administrative matters were clarified.

08.  Adjournment: There being no other business the meeting was adjourned at 11:35am.

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