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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'>Do any of you have projects for submit for the<font
color=navy><span style='color:navy'> second</span></font> round of the <b><i><u><span
style='font-weight:bold;font-style:italic'>equipment</span></u></i></b> Master
Lease program. <font color=navy><span style='color:navy'>The State
Regents’ September meeting is scheduled for September 8, 2011.</span></font>
<font color=navy><span style='color:navy'>Please return the attached completed
documents by August 15, 2011. The Bond Oversight applications will be due
back to me by September 7<sup>th</sup>. Please let me know if you have
any questions.</span></font><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 tentative schedule for this round 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>
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<td width=323 nowrap height=27 valign=bottom style='width:242.0pt;padding:
0in 5.4pt 0in 5.4pt;height:20.25pt'>
<p class=MsoNormal><font size=5 face=Palatino><span style='font-size:16.0pt;
font-family:Palatino'>Series <font color=navy><span style='color:navy'>B</span></font><o:p></o:p></span></font></p>
</td>
<td width=278 nowrap height=27 valign=bottom style='width:208.75pt;
padding:0in 5.4pt 0in 5.4pt;height:20.25pt'>
<p class=MsoNormal><font size=3 face=Palatino><span style='font-size:12.0pt;
font-family:Palatino'><o:p> </o:p></span></font></p>
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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'><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'>Listing Due to State Regents August
15, 2011<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'>Bond Oversight Applications due September
7, 2011<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'>State Regents’ Consideration September
8, 2011<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'>Bond Oversight Meeting September
29, 2011<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'>Vendors selected prices fixed October
3, 2011<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'>Closing (Tentative) November
9, 2011<o:p></o:p></span></font></p>
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