ITEM 107-1005-R0500 Relocation of Met Net, Series 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 D 1996 Facilities Improvement and
Refunding Revenue Bonds of The University of Montana a Certificate of
Completion for the Relocation of Met Net - Missoula project.
EXPLANATION: Section
5.01(c) of the Indenture of Trust for the Series 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 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.