ITEM 107-1601-R0500 Residence Hall/Dining Services Renovations, Series D 1996
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 Facilities Improvement and Refunding Revenue
Bonds of The University of Montana a Certificate of Completion for the
Residence Hall/Dining Services Renovations - Dillon 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.