February 2018 Board meeting - CWU Sammamish

Bond Resolution

 Drafted by bond counsel (Foster Pepper) and reviewed by Attorney General’s Office

 Master Resolution adopted in 2002, subsequently amended and restated in 2012

 Series Resolution (considered at February 8 - 9 meeting) authorizes: o Up to $45 million of new money bonds for project o At competitive sale

o Pursuant to an official statement to be distributed to prospective investors

 Delegates authority to Treasurer to conduct sale

 Incorporates same covenants as other outstanding series of System Revenue Bonds

 Sale confirmed by Bond Sale Resolution to be adopted at telephonic meeting in mid-March

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