ITEM 107-1603-R0500������ Family Housing 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 Family Housing 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.