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Image 2 of 1997 - Board of Regents Meeting Minutes.

Part of Murray State University Board of Regents Meeting Minutes.

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1 Notice of Bond Sale and the Official Terms, with the understanding that the amount thereof. without interest, will be deducted from the purchase price of the Bonds when tendered to us for delivery. lf we are the successful bidder, we agree to accept and make payment for the Bonds in accordance with the terms of sale. Respectfully submitted. ` Y Total interest cost from June 1, 1997, to final maturity $ Less premium bid or plus discount, if any $ Net interest cost $ Average interest rate or cost _ $ 1 The above computations of net interest cost and of average interest rate or cost, submitted for infomation only and are not part of this Bid. ACCEPTANCE OF BID WITH ADJUSTMENT OF AMOUNT AND TOTAL BID PRICE Accepted by Murray State University on June 12, 1997, as to $ of Bonds at an adjusted price of $ , plus accrued interest, with the change in amount of Bonds being reflected by following changes in the maturities thereof. Serial Term* Serial Term* Maturity Principal Bond Bond Maturity Principal Bond Bond September 1 Amount Rate Rate September 1 Amount Rate Rate 1998 $ % % 2008 $ % % 1999 % % 2009 % % 2000 % % 2010 % % 2001 % % 201 1 % % 2002 % % 2012 _ % % 2003 _ % % 2013 % % 2004 % % 2014 % % · 2005 % % 2015 % % 2006 % % 2016 . % % 2007 % % 2017 % % ‘ MURRAY STATE UNIVERSITY By: -2- 1

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