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<div><font face="Arial" size="2"><span style="font-size:10pt;">Do any of you have projects <font color="#1F497D">to</font> submit for the<font color="navy"> </font><font color="#1F497D">first</font> round of the <b><i><u>equipment</u></i></b> Master Lease program<font color="#1F497D">?
Please make arrangements for your board’s approval as the next available meeting or at least prior to the </font><font color="#1F497D">September 29 2016</font><font color="#1F497D">, </font><font color="#1F497D">Bond Oversight</font><font color="#1F497D"> Meeting.</font></span></font></div>
<div><font face="Calibri" size="2" color="#1F497D"><span style="font-size:11pt;"> </span></font></div>
<div><font face="Arial" size="2" color="navy"><span style="font-size:10pt;"><b><u>Please return the attached completed d</u></b><font color="#1F497D"><b><u>etailed survey</u></b></font><b><u> by </u></b><font color="#1F497D"><span style="background-color:yellow;"><b><u>AUGUST
10, 2016</u></b></span></font><font color="#1F497D"><span style="background-color:yellow;">.</span></font> The Bond Oversight applications will be due back to me <font color="#1F497D">by </font><font color="#1F497D">September 1, 2016.</font> Please let me
know if you have any questions.</span></font></div>
<div><font face="Arial" size="2"><span style="font-size:10pt;"> </span></font></div>
<div><font face="Arial" size="2"><span style="font-size:10pt;">The tentative schedule for this round is as follows:</span></font></div>
<div><font face="Arial" size="2"><span style="font-size:10pt;"> </span></font></div>
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<td><font face="Palatino" size="4"><span style="font-size:16pt;">Series<font color="#1F497D"> 2016</font><font color="#1F497D">C</font><font color="#1F497D"> Equipment</font></span></font></td>
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<div><font face="Arial" size="2" color="navy"><span style="font-size:10pt;"> </span></font></div>
<div><font face="Arial" size="2" color="navy"><span style="font-size:10pt;">Listing Due to State Regents <font color="#1F497D">August 10, 2016</font><font color="#1F497D"> </font><font color="#1F497D"> </font><font color="#1F497D">Return
detailed survey</font></span></font></div>
<div><font face="Arial" size="2" color="navy"><span style="font-size:10pt;">Bond Oversight Applications due <font color="#1F497D">September 1, 2016</font><font color="#1F497D"> Return BO-5, BO-7, Cash Flow worksheet and necessary attachments</font></span></font></div>
<div><font face="Arial" size="2" color="navy"><span style="font-size:10pt;">State Regents’ Consideration <font color="#1F497D">September 1, 2016</font></span></font></div>
<div><font face="Arial" size="2" color="navy"><span style="font-size:10pt;">Bond Oversight Meeting <font color="#1F497D">September 29, 2016</font></span></font></div>
<div><font face="Arial" size="2" color="navy"><span style="font-size:10pt;">Vendors selected prices fixed <font color="#1F497D"> </font><font color="#1F497D">October 15, 2016</font></span></font></div>
<div><font face="Arial" size="2" color="navy"><span style="font-size:10pt;">Closing (Tentative) <font color="#1F497D">Mid- </font><font color="#1F497D">November</font><font color="#1F497D"> 2016</font><font color="#1F497D"> </font><font color="#1F497D">
</font><font color="#1F497D"> </font><font color="#1F497D"> </font></span></font></div>
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