Eastern Illinois University 2009A COPs
Eastern Illinois University 2009A COPs
|
|
Eastern Illinois University proposes to sell $85,865,000 of Certificates Of Participation
for the construction of a new Renewable Energy Center and other Energy Conservation Measures.
|
|
|
|
|
|
|
|
Timeline:
|
Begins July 22, 2009
|
|
Proposal Details:
|
July 20, 2009
|
|
Financial Audit:
|
July 20, 2009
|
|
COP Preliminary Official Statement and Agreements:
|
July 20, 2009
|
|
Public Hearing Scheduled:
|
August 24, 2009
|
|
|
Meeting Audio
|
|
Commission Motion and Vote:
|
August 24, 2009
|
|
Commission Record of Findings:
|
September 15, 2009
|
|
Status of COPs:
|
Eastern Illinois University sold $84,930,000 of COPs in late September 2009, using Build America Bonds (BABs).
The BABs were sold at an average rate of 4.13% true interest cost net after the federal government's refund to the University.
|
|
|
|
|
|