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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'>Business Officers, <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'>Please see this important correspondence
sent to your President late yesterday.  Also, note the submission deadline
of January 28, 2009.<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><u><font size=2 color=navy face=Arial><span
style='font-size:10.0pt;font-family:Arial;color:navy'>We anticipate that a REAL
PROPERTY issuance would begin with Regents’ approval at their May 29<sup>th</sup>
meeting and bond proceeds available around the first week in September</span></font></u><font
size=2 color=navy face=Arial><span style='font-size:10.0pt;font-family:Arial;
color:navy'>.  All final projects to be included in the issuance would
require your boards’ approvals before the May 29<sup>th</sup> meeting of
the State Regents.  By statute, the legislature has 45 days to approve or
disapprove any projects on the list.<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'>A tentative schedule for both equipment
and real property Master Lease Programs is being developed by ODFA and will be
sent in a separate email.<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>

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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'> Johnson, Dr.
Glen <br>
<b><span style='font-weight:bold'>Sent:</span></b> Tuesday, January 13, 2009
6:40 PM<br>
<b><span style='font-weight:bold'>To:</span></b> Presidents<br>
<b><span style='font-weight:bold'>Subject:</span></b> 2009 Real Property Master
Lease Potential Project Listing</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>

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<p><font size=2 face=Arial><span lang=EN style='font-size:10.0pt;font-family:
Arial'>Dear Presidents, </span></font><span lang=EN><o:p></o:p></span></p>

<p><font size=2 face=Arial><span lang=EN style='font-size:10.0pt;font-family:
Arial'>Attached please find my signed letter regarding the 2009 Real
Property Master Lease Potential Project Listing and a copy of the related
legislation. Please submit your listing to this office no later than close
of business Wednesday, January 28. Please print this official correspondence
for your records and feel free to share it electronically or by paper copy with
appropriate persons within your institution.</span></font><span lang=EN><o:p></o:p></span></p>

<p><font size=2 face=Arial><span lang=EN style='font-size:10.0pt;font-family:
Arial'>Thanks,</span></font><span lang=EN><o:p></o:p></span></p>

<p><font size=2 face=Arial><span lang=EN style='font-size:10.0pt;font-family:
Arial'>Glen D. Johnson<br>
Chancellor</span></font><span lang=EN><o:p></o:p></span></p>

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