The university has a standby bond purchase agreement to purchase the university's variable rate demand bonds in the event that they cannot be remarketed. In the event the bonds covered by these standby bond purchase agreements are not remarketable, and the agreements are not otherwise renewed, the university would be required to redeem the bonds or refinance the bonds in a different interest rate mode.
|2004 A & B||BNY Mellon||January 2022|
|2019 B||U.S. Bank||April 2024|