November 21-22, 2002
ITEM 117-1001-R1102 Certificate of Completion, Field House Renovations, Series C 1995 & D 1996 Facilities Improvement and Refunding Revenue Bonds; The University of Montana-Missoula
THAT: The Board of Regents of the Montana University System authorizes The University of Montana to deliver to the Trustee for the Series C 1995 & D 1996 Facilities Improvement and Refunding Revenue Bonds of The University of Montana a Certificate of Completion for the renovations.
EXPLANATION: Section 5.01(c) of the Indenture of Trust for the Series C 1995 & D 1996 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 confirm completion of the project in accordance with plans and specifications. The certificate will indicate payment in full and will state no claim or claims exist against the Board.
ATTACHMENT: Draft of the certificate executed upon approval of the Board of Regents.