RESOLUTION TO ISSUE HIGHER EDUCATION REVENUE BONDS NOT TO EXCEED $6 MILLION FOR PHELPS HALL RENOVATION

This resolution will provide for the issuance and sale in the amount not to exceed $5,200,000 of Higher Education Revenue Bonds for the purpose of permitting the University to renovate Phelps Hall, a 400 bed residence hall facility. Given the condition of the building, this renovation is necessary and will include a full renovation and proper ventilation of all bathrooms, the addition of a hydraulic elevator and the installation of new accessible ramps in the lobby on the ground floor.

November 5, 2010

Full resolution is available for viewing in the President's Office.