November 16-17, 2000
ITEM
109-1501-R1100������ Certificate of
Completion, 100-Bed Residence Hall, Series D 1996 Facilities Improvement and
Refunding 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 the Series D 1996 Facilities Improvement and Refunding Revenue
Bonds of The University of Montana a Certificate of Completion for the 100-Bed
Residence Hall.
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.