July 11-12, 2002

 

ITEM 116-1002-R0702                Authorization to Proceed, Series G 2002 New Money Issue - The University of Montana-Missoula

 

THAT:                                       The Board of Regents of the Montana University System adopts the Bond Resolution for the Series G 2002 Revenue Bonds for The University of Montana and authorizes The University of Montana and the Commissioner of Higher Education of the Montana University System to proceed with the issuance of the Series G 2002 Revenue bonds.

 

The University of Montanan-Missoula

 

South Campus Student Housing              $18,950,000

                                                 

EXPLANATION:                        The authorization to The University of Montana to proceed with the issuance of the Series G 2002 Revenue Bonds is subject to final approval by the University and the Commissioner of Higher Education of the Montana University System.  The action also authorizes the Chair of the Board of Regents, the Vice Chair of the Board of Regents, the Commissioner of Higher Education, the President of The University of Montana, and the Vice President for Administration and Finance of the University of Montana-Missoula to execute such documents as may be required to consummate the issuance of the Series G 2002 Revenue Bonds.

 

ATTACHMENTS:                       Series G Revenue Bonds Summary and Series G 2002 Revenue Bonds Resolution