DOWNTOWN STUDENT FACILITY TRUST                             26 February 2004

      MINUTES OF THE NINETEENTH MEETING OF DOWNTOWN STUDENT FACILITY TRUST
      held in the morning of 26 February 2004 at the TCSA Office, Symons
      Campus of Trent University, Peterborough, Ontario.

P R E S E N T: Marisa Barnhart, Catherine Dickinson, John K Muir,
               Matt Naylor, Fraser Smith.

Also Present: Derrick McIntosh, Steward; and Mike Izzo.

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 with Catherine Dickinson acting as Chair and John Muir
acting as Secretary.

01 The Chair made some opening remarks. It was noted that the incorporated
successor to the Downtown Student Facility Trust, P.R. Community and Student
Association (Sadleir House Facility) and o/a PRCSA had been incorporated
under the laws of Ontario without share capital on 19 February 2004.

UPON A MOTION duly made, seconded and carried unanimously, it was resolved
that the Downtown Student Facility Trust transfers of all responsibilities.
rights, liabilities, assets, obligations & authorities to P.R. Community and
Student Association (Sadleir House facility), and it was further resolved that
process of winding up the DSFT be commenced immediately.

There being no further business, the meeting of the Trust was adjourned.

  _____________________________         _____________________________
   Catherine Dickinson, Chair            John K Muir, Secretary