$49,000,000 in Low Cost, Tax-Exempt Financing Provided for Holy Names University
The proceeds of the Bonds will be used to finance and refinance the acquisition, construction, improvement, renovation and equipping of the certain educational facilities of the Corporation, including related administrative facilities, site improvements, and parking. Also including but not limited to construction of a new science building or, in the alternative, renovation, construction, improvement and equipping of educational facilities owned and operated by the Corporation, and development of educational facilities.
The bonds will also be used to refinance other outstanding bonds.