ITEM 107-1602-R0500 Parking Improvements, Series D 1996 & Series E 1998
Facilities Improvement and Refunding Revenue Bonds; Western Montana College of
The University of Montana
THAT: The
Board of Regents of the Montana University System authorizes The University of
Montana to deliver to the Trustee for the Series D 1996 and Series E 1998
Facilities Improvement and Refunding Revenue Bonds of The University of Montana
a Certificate of Completion for the Parking Improvements - Dillon project.
EXPLANATION: Section
5.01(c) of the Indenture of Trust for the Series D 1996 and Series E 1998
Facilities Improvement and Refunding Revenue Bonds provides that, within 90
days after the completion of each project, The University of Montana, on behalf
of the Board of Regents, shall deliver a Certificate of Completion to the
Trustee. The Certificate must state
that the project has been fully completed in accordance with the plans and
specifications and that the project has been fully paid for and no claim or
claims exist against the Board.
ATTACHMENT: Draft of the Certificate which will be executed upon approval of the Board of Regents.