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Board of Regents Policy 8.205 Board of Regents Policy 8.205Title
University Projects
Header
Regents Policy Chapter 8, Business and Finance
Regents Policy RP 8.205, University Projects Effective Date: May 12, 1977 Prior Dates Amended: Oct. 31, 2014 (recodified) Review Date: August 2018 I. Purpose
To set forth policy regarding university projects and the university revenue undertakings fund.
II. Definitions
No policy specific or unique definitions apply.
III. Board of Regents Policy
A. Revenue Bond Resolution. The sale of bonds to finance revenue producing projects or facilities shall be subject, as applicable, to the provisions of “A Resolution Creating and Establishing a Network Consisting of a University System, Including Certain University Projects, and University Purposes, of the Board of Regents, University of Hawai‘i; Creating and Establishing an Issue of Revenue Bonds of the Board of Regents, University of Hawai‘i, and Providing for the Security for and Payment of Said Bonds and Limiting Such Payment to the Revenues of Said Network; Setting Forth the Terms and Conditions for the Issuance of Bonds; Setting Forth the Terms and Conditions for the Issuance of Additional Series of Said Bonds; and Making Certain Other Covenants and Agreements in Connection with the Foregoing”, adopted November 16, 2001, as amended and supplemented from time to time, or to the provisions of “A Resolution Creating and Establishing an Issue of Revenue Bonds of the Security Board of Regents of the University of Hawai‘i, and Providing for the Security for and Payment of Said Bonds and Limiting Such Payment to Moneys Derived from the Ownership and Operation of the University of Hawai‘i and Certain Other Moneys Made Available to the University Other Than Moneys Heretofore Pledged to Other Obligations of the Board; Setting Forth the Terms and Conditions for the Issuance of Said Bonds; Providing for the Rights of the Holders of Said Bonds; and Making Certain Other Covenants and Agreements in Connection with the Foregoing”, adopted May 17, 2006, as amended and supplemented from time to time.
B. University Revenue Undertakings Fund (URUF). The president shall recommend the use of reserve or surplus revenues involving the transfer of funds between projects which are all within the university revenue undertakings fund. IV. Delegation of Authority
There is no policy specific delegation of authority.
V. Contact Information
Office of the Board of Regents, 956-8213, bor@hawaii.edu
VI. ReferencesVII. Exhibits and Appendices
No Exhibits and Appendices found
Approved approved as to Form: Cynthia Quinn October 31, 2014 Date TopicsNo Topics found.AttachmentsNone |