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<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:navy'>Reminder, please send an email with the
attachment completed by close of business tomorrow if your institutions plans
to participate in this Master Lease equipment series.<o:p></o:p></span></font></p>

<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:navy'><o:p> </o:p></span></font></p>

<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:navy'>To date, I’ve received responses
from two institutions.  Thanks.<o:p></o:p></span></font></p>

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face="Times New Roman"><span style='font-size:12.0pt'>

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<p class=MsoNormal><b><font size=2 face=Tahoma><span style='font-size:10.0pt;
font-family:Tahoma;font-weight:bold'>From:</span></font></b><font size=2
face=Tahoma><span style='font-size:10.0pt;font-family:Tahoma'> <st1:PersonName
w:st="on">Mauck, Sheri</st1:PersonName> <br>
<b><span style='font-weight:bold'>Sent:</span></b> Monday, May 19, 2008 11:06
AM<br>
<b><span style='font-weight:bold'>To:</span></b> <st1:PersonName w:st="on">COBO@onenet.net</st1:PersonName><br>
<b><span style='font-weight:bold'>Subject:</span></b> Master Lease Equipment
Schedule</span></font><o:p></o:p></p>

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<p class=MsoNormal><font size=3 face="Times New Roman"><span style='font-size:
12.0pt'><o:p> </o:p></span></font></p>

<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>The legislation pertaining to the Master Lease program has
now been signed out of committee and is expected to pass the floor this week.
We are ready to begin the process of collecting projects for the next series
relating to equipment.  You will need your board’s approval and a
reimbursement resolution for any expenditure made prior to approvals and
closing.  In order to meet the June State Regents meeting schedule, I must
have the attached summary sheet returned by/before May 30<sup>th</sup>.<o:p></o:p></span></font></p>

<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>

<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>The current timeline is as follows:<o:p></o:p></span></font></p>

<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>

<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>May
30th           Deadline to
submit project listing and estimated amounts<o:p></o:p></span></font></p>

<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>June 26<sup>th</sup>
          Approval by the State
Regents for submission to Bond Oversight<o:p></o:p></span></font></p>

<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>July 23<sup>rd</sup>           
Finalized project amounts<o:p></o:p></span></font></p>

<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>July 31<sup>st</sup>           
Consideration by Bond Oversight<o:p></o:p></span></font></p>

<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>August 27<sup>th</sup>       
Tentative closing date.<o:p></o:p></span></font></p>

<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>

<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>If there is sufficient demand, another <u>personal </u>equipment
round will take place in the fall with a tentative closing date of late October<o:p></o:p></span></font></p>

<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>

<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p> </o:p></span></font></p>

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