July 8-9, 1999
ITEM 104-1010-R0799 Certificate of Completion, Student Union Remodel and Expansion, Series C 1995 Facilities Acquisition and Improvement Revenue Bonds; Montana Tech 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 Series C 1995 Facilities Acquisition and Improvement Revenue Bonds of The University of Montana a Certificate of Completion for the Student Union Remodel and Expansion-Butte project.
EXPLANATION: Section 5.01(c) of the Indenture of Trust for the Series C 1995 Facilities Acquisition and Improvement 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: Certificate of Completion which will be executed upon approval of the Board of Regents.