FW: [Cobo] Bond Oversight Applications for Capital Bond

[Mauck, Sheri]

Some answers to the questions on the application forms.  

 

________________________________

From: Mauck, Sheri 
Sent: Thursday, October 06, 2005 3:20 PM
To: 'dgmasters at lunet.edu'
Subject: RE: [Cobo] Bond Oversight Applications for Capital Bond

 

(OCIA) Oklahoma Capital Improvement Authority is the Issuer

         Ms. Kim Heaton, contact

         2401 N. Lincoln

         Oklahoma City, OK  73152-3218

 

2.  House Bill 1191, March 31, 2005 Legislative Approval.  You'll have
to enter your board date of approval of your capital bond projects for
governing board.

 

3.  Sale date:  November 16, 2005  

 

4.  varying maturity to 30 years

 

5.  appropriated $ for the legislature

 

6.  Your projects should be on your campus master plan.  YES

 

7.  You should list all Langston's outstanding debt.  I know for sure
that you have a Master Lease project to list and maybe there debt.

 

Hope this helps.

 

Some questions: 

On Page 1 of Form BO-5, 

     *what name, address & contact information do we use for Lessor and
Issuer (1)

     *How and date authorized--legislative approval & governing board
approval  (2)

     *Anticipated sale date, closing or delivery date (3)

     *Expected term to maturity of the proposed issue (4)

     *Source of lease payments (5)

On page 3 of Form BO-5, 

     *Was this project submitted to LRCPC?  If not, why  (6)

Form BO-7 

     *What do you want on this schedule 





To: "Council of Business Officers" <cobo at lists.onenet.net> 
From: "Mauck, Sheri" <smauck at osrhe.edu> 
Sent by: cobo-bounces at lists.onenet.net 
Date: 10/06/2005 01:50PM 
Subject: [Cobo] Bond Oversight Applications for Capital Bond 

Business Officers,

 

Attached are the Bond Oversight Application forms that your institution
needs to complete and return to the State Regents? Office by noon on
Friday, October 14, 2005.  I will compile all the applications and
submit the packet to Bond Oversight for consideration at their October
27, 2005, meeting. 

 

The applications require certain attachments as outlined in section C of
the second page.  Please make every effort to submit as many attachments
as are required with your application, and forward any that simply
cannot be completed by next Friday as quickly as they are received.
Also, note that an additional requirement under the new applications is
a tentative draw schedule on the bond proceeds.  I will have one letter
drafted that will serve as your requirement for the State Regents?
approval and submit with the complete system wide packet of documents. 

 

You are not required to complete the second page of the BO-5 form that
seeking information on all the financial aspects of the transaction.
This information will be the same for every institution participating
and this information will be provided on the OCIA application filed in
conjunction with our entities. 

 

Please call me if you have questions.  405-225-9201. 

 

 

 

 

 

 

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